Hello friends of the long-term investment. :)
I am about to make a decision and after a long back and forth I am still not sure how best to go about it, which is why I would like to put the following up for discussion:
I have the "Lyxor Core STOXX Europe 600 (DR) UCITS ETF Acc" $MEUD (+1,61%) in my portfolio and have been investing in it regularly for years.
I am up approx. 17% with this fund.
Now I have once again come across a Euro Stoxx 50 ETF in an article $CSSX5E (+0,51%) in an article and was quite surprised that it simply outperformed the Stoxx 600 by almost 20% over 5 years...
Maximum drawdown was similarly high for both, as was the vola.
I know that I opted for the Stoxx 600 at the time because it is simply much more diversified, which is obviously the case.
Now my consideration:
1) Switching the entire position to the Euro Stoxx 50, i.e. the complete exchange.
2) Keep the Eurostoxx 600, but stop saving in it and re-invest in the Euro Stoxx 50.
3) Leave everything as it is as a basic investment, based on the premise "back and forth, pockets empty".
I realize that you can't make a decision for me and you shouldn't. :)
I would just be interested in your assessments and perhaps you have been in a similar situation.
Additional information: Tax-free allowance would just about cover the taxes if the existing shares were sold.