Goal: A globally diversified portfolio via a savings plan
Option 1:
Everything in the $VWRL (-0.32%)
Option 2:
50% $VUSA (-0.61%)
15% $EIMI (-0.08%)
15% $VEUR (+0.09%)
10% $WSML (-0.73%)
What do you think?
Option 1 would be the simpler approach. No rebalancing. Unscheduled purchases or sales with an ETF are easier and more fee-friendly.
Option 2 allows more control in terms of weighting, so I could reduce the US share from $VWRL (-0.32%) from 62% to 45-50%. In option 2 it would also be possible to swap the S&P 500 for Nasdaq or Amumbo depending on the market cycle to get more performance out of it without the risk of a US overweight.