Hi Jonas, welcome!
Read this as food for thoughts as this is my personal opinion and you and only you have to be satisfied with your investment :)
Plan in general seems good, but maybe it needs some ironing out.
Have you analysed the compositions of these ETFs in terms of underlying stocks? There is a lot of overlapping in percents across different ETFs.
That esg etf has high ter and esg is not always the best thing in terms of performance
Not sure about heavy tech focus etf, you have that already with Nasdaq, AI and s&p500, I would concentrate there.
Maybe add some single Microsoft shares, you have it all at Microsoft in terms of macro trends.
I would also evaluate in detail all-world vs world+em with some backtesting and probably exclude china at least for the short medium term
Regional ETFs are a preference, not much to add here, just watch out for the developments of yen in the near term when choosing a japan etf (hedged or not).
All the best
Read this as food for thoughts as this is my personal opinion and you and only you have to be satisfied with your investment :)
Plan in general seems good, but maybe it needs some ironing out.
Have you analysed the compositions of these ETFs in terms of underlying stocks? There is a lot of overlapping in percents across different ETFs.
That esg etf has high ter and esg is not always the best thing in terms of performance
Not sure about heavy tech focus etf, you have that already with Nasdaq, AI and s&p500, I would concentrate there.
Maybe add some single Microsoft shares, you have it all at Microsoft in terms of macro trends.
I would also evaluate in detail all-world vs world+em with some backtesting and probably exclude china at least for the short medium term
Regional ETFs are a preference, not much to add here, just watch out for the developments of yen in the near term when choosing a japan etf (hedged or not).
All the best
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8Lun
@deodorhunter Wow, thank you for sharing your feedback. Definitely helps a lot to rethink some of my strategies!
I have analyzed the underlying holdings of each ETF manually as well as using https://www.etfrc.com/funds/overlap.php to spot overlaps weight based. You are however correct regarding the heavy tech ETF $XLKS . It is 100% also in the S&P500, however very different weighting.
I was already on the fence about it, since I can only buy it on the London exchange through my broker which brings additional costs. It is however in USD compared to an otherwise quite heavy EUR portfolio.
The TER of $GMVM is indeed the highest on the list at 0.49%. I don't like to go higher than 0.50%, so right on the edge :-).
Regarding the world ETFs. I could buy all world $VWCE to cover all in one ETF, but it is only offered on an exchange that brings extra costs. The distributing version $VWRL is on the "good" exchange, but being a Belgian a tax of 30% needs to be paid on dividends, so I prefer accumulating ETFs. Having $IWDA + $EIMI combo is similar to $VWCE , both accumulating and on Euronext Amsterdam exchange. Planning to bring it to a 1:8 ratio which is roughly the same as the all world apparently.
That's a good heads up regarding the Japan ETF, will do some more investigation and not increase that position for now.
Once again thank you for taking the time, much appreciated!
I have analyzed the underlying holdings of each ETF manually as well as using https://www.etfrc.com/funds/overlap.php to spot overlaps weight based. You are however correct regarding the heavy tech ETF $XLKS . It is 100% also in the S&P500, however very different weighting.
I was already on the fence about it, since I can only buy it on the London exchange through my broker which brings additional costs. It is however in USD compared to an otherwise quite heavy EUR portfolio.
The TER of $GMVM is indeed the highest on the list at 0.49%. I don't like to go higher than 0.50%, so right on the edge :-).
Regarding the world ETFs. I could buy all world $VWCE to cover all in one ETF, but it is only offered on an exchange that brings extra costs. The distributing version $VWRL is on the "good" exchange, but being a Belgian a tax of 30% needs to be paid on dividends, so I prefer accumulating ETFs. Having $IWDA + $EIMI combo is similar to $VWCE , both accumulating and on Euronext Amsterdam exchange. Planning to bring it to a 1:8 ratio which is roughly the same as the all world apparently.
That's a good heads up regarding the Japan ETF, will do some more investigation and not increase that position for now.
Once again thank you for taking the time, much appreciated!
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