As some of you may have noticed, I want to restructure my portfolio and finally give it a consistent and sensible strategy. After some discussions I have my rough structure, which I shared a few days ago with you, now concretized in a portfolio / dashboard and I'm looking forward to your feedback and your shitposts again.
The shared portfolio / dashboard is hypothetical and should be implemented so in the short to medium term. The absolute values are fictitious and only serve to make the distribution clearer. They correspond to the distribution of my savings amounts. Currently I do not plan to rebalance (but who knows what the future will bring). This is only my ETF and stock portfolio. All other investments such as crypto are deliberately excluded here.
For those who want to read a lot, here is an explanation why the portfolio looks the way it does (the rest of you just jump directly to my dashboard):
The goal is financial independence sometime within the next 30 years without asset depletion. I would like to achieve this partly via dividends and partly via sales that are offset by price gains. The more generated via dividends, the better.
Since it makes no sense with the investment horizon to bet on stocks with very high dividends already today, but at the same time I want to use dividends "in old age" without paying great taxes on reallocations, I prefer the distributing variants of my ETF. I hope to get good value and dividend growth from my portfolio allocation. Distributions are reinvested directly, the partial foregoing of the tax deferral effect is consciously accepted. Should my opinion change at some point, I will continue to invest in the reinvestors instead of the distributors.
CORE
A world portfolio with overweighted dividends / USA share, which will ideally remain in my portfolio until the bitter end.
40% $VGWL (+0,87%) FTSE All World Distributing for global equity market participation without focus on dividends
15% $SPYD (+1,39%) SPDR S&P US Dividend Aristocrats Distributing for dividend focus without sacrificing growth. I don't like the resulting overweight to the US, but I'm missing the alternative here.
5% $IUSN (+1,42%) Small Caps to give the small ones a chance and to profit from their growth.
As expected, there is no overlap in the core between the small caps and FTSE All World. Also to be expected is the overlap of the US Dividend Aristocrats with the other two ETFs in the core. However, due to the focus on dividend growth, these are deliberately accepted. Nevertheless, the top 10 individual positions in the core account for less than 13%, and the top 3 together account for less than 7%. From my point of view diversification enough.
SATELLITE
The satellites in my portfolio consist of industry and sector ETFs and are probably weighted a bit higher than in many core sattelite strategies. Yes, I think I'm God and I imagine I can beat the market with this. Yes, I'm also a realist and know that I probably won't succeed. But investing should also be a bit of fun, and that's why a bit of gambling is part of it for me. I would simply be too bored to invest in an ordinary world portfolio.
The Sattelite positions should of course be held as long as possible, but the probability is quite high that these will be replaced at some point.
10% $AYEW (+2,36%) MSCI World Information Technology Distributing. In IT and Tech lies the present & future. But what about all the trending topics? Surely cybersecurity, AI, cloud, semiconductors, ... are growing much faster? Why not a more specific ETF? All true, but I honestly couldn't choose one of the trend themes, also don't know which one will grow the most in the near future and which one will enter a weak phase first, if necessary. The MSCI World Information Technology offers large and small companies from all IT sectors, including the hype themes. Therefore, it seems to me to be the best option for a broad exposure to tech themes. Only the weighting of the top positions and their overlap with my core bothers me a bit. But there is no way around these top companies at the moment, so the weighting is probably fair and you don't have to buy additional individual shares of these companies.
10% $CBUF (+0,94%) MSCI World Health Care Distributing.
Healthcare will always be important, already offers a lot of stability and can grow excellently in the future due to new developments. Yes, but can't we be a bit more disruptive? Why not Biotech or at least Innovative Health Care? The MSCI World Health Care does contain companies that can also be found in Biotech and Innovative Health Care. At the same time, there are also established companies that are already earning a lot of money today and give the ETF some stability.
5% $LVNG (+0,79%) Environmental Impact.
Sustainability and addressing the climate crisis are important. There are plenty of ETFs on the market for this, specializing in Clean Energy or Battery Value Chain, for example. This ETF focuses on companies from various sectors such as clean water, renewable energy, electric vehicles, but also waste and recycling management. It is exactly this composition that makes it so attractive to me. The ETF is unfortunately very small and was only launched in 2021, but it is only 5% and YOLO.
5% $3SUE MSCI World Consumer Staples Distributing.
Boring, I know. Consumer staples always go though, haven't done so well in the last few years and add some stability to the portfolio with lots of defensive stocks, which may be needed in the next few years due to the high weighting of the largest tech stocks.
Among the satellites, there are just 3 overlaps. The overlaps to the core are of course numerous but the overweighting is of course the purpose at this point.
Here are a few more facts about the ETF part:
00.28% TER
01.30% Dividend
18.45 P/E RATIO
03.27 KBV
70.66% North America
15.86% Europe
10.97% Asia
21.75% Tech
18.26% Health Care
11.25% Industrial
11.11% Consumer Staples
10.78% Financial
Top 3 stocks are
3.88% Apple
3.41% Microsoft
1.07% Nvidia
The top 10 positions take up about 13% of the portfolio.
SHARES
Did I mention that I also want to have a little fun? Accordingly, equities account for about 10%. These 10% are companies from industries that largely fall short in my ETF portfolio and that I am convinced of for various reasons.
Whoever has made it this far, reacts to the post, leaves a valuable comment or a shitpost and starts it with the codeword DonkeyInvestor (gladly also with @ in front), gets my follow.
Thank you very much!
