3Mon
60% USA is not actually a bad thing for the current market. Even the very popular and reliable $VWCE has US weighting around 60%. Underweighting USA could result in lag in performance. The question should be what that 60% USA is consists of. An ETF that is weighted 60% is different from a stock portfolio that is 60% US with a hand few of stocks.
Imo, the best course of action with ETF is probably picking an all-world or world ETF that rebalances itself, and one ETF only. Right now and for several last decades, US performed well which is why the weight is around 60%-70% in most broad ETFs. If it shifts to a different country in the future, the all-world or world will rebalance itself without you needing to sell and rebuy different sector/regional ETFs, provided you also time it correctly.
Imo, the best course of action with ETF is probably picking an all-world or world ETF that rebalances itself, and one ETF only. Right now and for several last decades, US performed well which is why the weight is around 60%-70% in most broad ETFs. If it shifts to a different country in the future, the all-world or world will rebalance itself without you needing to sell and rebuy different sector/regional ETFs, provided you also time it correctly.
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11
•@abrarmohi I see your point. I have decided to move forward with the diversification, but I might split unevenly (not 20% for each of my ETF). I should not loose focus of performance as well.
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