Dear Community,
Following the events of the last few weeks, I have decided to reduce my US holdings and diversify my ETF portfolio more broadly.
I am currently investing in the $CSPX (-4.87%) and the $AVWS (-7.67%) as an admixture. I no longer hold any individual shares.
I also have a savings plan in place $BTC (-0.23%) and some play money in crypto.
I would like to bring the US share to around the level of a world etf (70.%), so I'm wondering what the smartest approach is.
Option 1: Sell $CSPX (-4.87%) and buying a world etf like $VWCE (-3.89%) or $AVWC (-6.08%)
When selling my s&p etf, taxes would of course be due (currently 25% return). I live in Austria if this is relevant.
Option 2: keep the s&p and buy 1-2 etf in addition e.g. $MEUD (-3.32%) and $XNKY (-4.13%) and save. Here I could of course plan the weighting individually, but it is also a bit more time-consuming in terms of rebalancing.
I would appreciate a few opinions, thank you!