Work out etf premium discount instantly with clear inputs, formula shown and shareable results.
An ETF trades at whatever the market will pay, which can drift from the value of its underlying holdings. Buying at a premium means paying more than the assets are worth, and that gap is money lost the moment the premium closes.
Premium or discount
Premium % = (market price - NAV) / NAV × 100
Figures are estimates for planning only. Market returns are not guaranteed, and rates, limits and tax rules change. This is not financial or tax advice — speak to a qualified adviser before acting.
When creation of new units is slow or the underlying market is closed or illiquid, price and NAV can diverge.
Use limit orders, trade when the underlying market is open, and check the indicative NAV before dealing.