I don't think American investment banks necessarily have to earn money with our money. Europeans can also do a decent job with an ETF.
That's why I exchanged my core today, which I was still able to do well as it had only existed for a few months anyway. So from a tax point of view, it's within manageable limits.
Vanguards $VWRL (-0,08 %) flew out and Amundis $WEBG (-0,17 %) came in almost 1:1 instead.
Maybe that's a suggestion for all those who are currently reorienting themselves or starting over anyway?

