@Ronin78 Yes, it also has a 60-70% US share and they are currently selling like hotcakes anyway. But you can hardly speak of diversification any more. Unless you add something to the Msci World or go straight for an IMI
@Ronin78 I would also say that it is better to use $SPYI as a benchmark, as $GERD also includes EM and SC. I wouldn't draw any conclusions from the performance yet, the ETF is too new for that. As long as the USA outperforms the rest of the world, $GERD will underperform. But you are more broadly diversified.
By the way, if the USA outperforms for another 10 years, the MSCI World will consist of over 80% USA... then we might as well leave it alone and buy the S&P500. 😅
