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interesting sector in itself but I would pick individual companies here, the TER would only not be too high for me if it outperforms the MSCI World in the long term, which it does not.
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@WarrenMunger1989 In fact, it does exactly that if you only compare the maximum period (since 2010). 334% MSCI World (I took the $HMWO ), 368.9% Equity.
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@KevinC to 10 years yes, if you go further and take e.g. the amundi the picture turns ;-)

https://extraetf.com/de/etf-comparison?products=IE00B1TXHL60-etf,FR0010315770-etf
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@WarrenMunger1989 I deliberately chose the longest possible period.

But I admit that I didn't expect such a big difference between 14 years (clear winner Equity) and 10 years (clear winner World)!
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@KevinC Yes, it's really difficult to draw conclusions about future performance now. I have $BX in my portfolio myself. I'd like to have more from the universe, but I'd rather have it via an ETF, but it's too expensive for me. If it had a ter of 0.4-0.5 now, I would add it and see how it develops over the next few years.
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@WarrenMunger1989 I have a similar view. I participate in the topic at $BLK.
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@KevinC I have them too, that's right, they are also here in the game ^^