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Used to be my only sector ETF, I sold and reallocated to my core ✌️
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@tommycash Why the shift?
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@Italiener Sector ETFs usually perform worse than the overall market in the long term, expensive TER, little diversification, top positions heavily overweighted. And well run, so came out nicely ✌️😁
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@tommycash have looked and in the long term so far this ETF with the dividend has beaten the MSCI World
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@Italiener "So far" is the decisive word here. It can continue like this, but it can also change. Then again, we know in retrospect ✌️😁
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@tommycash we both agree on that. I also think that water is becoming increasingly scarce and can therefore also run better than the overall market 🤔