I would like to liquidate one of these two ETFs:
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They overlap too much. The top positions are the same. The risk figures and ratios are therefore very similar.
I know this community loves the global ETF and doesn't like the US overweight, but there are some arguments in favor of the US Quality Income in my opinion: yield and cost.
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The global Quality Income has generated a total return of 124% since inception in March 2017, while the US Quality has generated 162% over the same period.
The TER & TD are already included in this data. (In any case, the US Quality Income not only has the lower TER of 0.25%, but also the positive tracking difference of -0.14%. While the global ETF has a TR of 0.4% and costs another +0.1% in TD).
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In Europe, the MSCI World is considered a solid basic investment. I assume this is also the reason why the Fidelity Global Quality Income is the more popular one here.
In other parts of the world, however, the S&P500 is the underlying investment, which would also explain why US Quality Income has the larger fund size.
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For the sake of completeness, I would like to mention that I also have these two ETFs:
$TDIV (+0,29%) (US share only 29%)
$GGRP (-0,09%) (US share,63 %)
If you look at the overall picture, you could say that these two ETFs give me country diversification and that I should take the better and cheaper of the ETFs mentioned above?
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Long story short. Which one should I throw out? And why?
