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 (-0.31%) and the $AVWS (+1.01%) as an admixture. I no longer hold any individual shares.

I also have a savings plan in place $BTC (-3.6%) 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 (-0.31%) and buying a world etf like $VWCE (-0.12%) or $AVWC (+0.45%)

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 (+0.95%) and $XNKY (+0.15%) 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!