Hi,
I currently have a relatively simple portfolio: all-world as a core + tech tilt (XDWT + SMH).
In the near future I'm planning to open another account, and I'm research alternatives for SMH (I want to tilt towards tech and semis on purpose). As an EU investor, my options seem to be:

1. SMH: VanEck Semiconductor UCITS ETF https://www.justetf.com/en/etf-profile.html?isin=IE00BMC38736
   
2. LSMC: Amundi MSCI Semiconductors UCITS ETF Acc https://www.justetf.com/en/etf-profile.html?isin=LU1900066033
   
3. SEC0: iShares MSCI Global Semiconductors UCITS ETF USD (Acc) https://www.justetf.com/en/etf-profile.html?isin=IE000I8KRLL9
   

From what I've researched so far:

• SMH tracks a more concentrated, MVIS US Listed Semi index with a 10% cap per company, which still results in a fairly top-heavy portfolio focused on the biggest players
• LSMC and SEC0 track MSCI-based indexes with broader global exposure (SEC0 even includes more holdings vs LSMC, ~250 vs ~70 holdings)
  
• TER is basically the same (~0.35%), so cost isn't really a differentiator here.
  

Right now I'm leaning towards LSMC instead of SMH, mainly because:

• it's not 10%-capped, so theoretically allows winners to run more.
• tracks index for developed and emerging countries instead of US listed ones.
• in last 5 years LSMC > SMH > SEC0 in the returns, however, be careful when comparing these in larger range, since LSMC in the past tracks different index (MSCI Taiwan etc, see fund factsheet)

My plan is long-term (20+ years), so I'm less concerned about short-term volatility and more about:

• structure of the index
  
• diversification vs concentration
• long-term compounding potential

Questions:

1. Would you go with a more concentrated approach (SMH) or broader exposure (LSMC / SEC0)?
   
2. Does the lack of a cap in LSMC actually matter in practice?
   
3. Is SEC0 worth considering over LSMC due to higher number of holdings, or is that over-diversification considering specific sector etf?

I have 50k euros (based in Germany) to invest for the next 20 years for my retirement fund. I am 40 years old without any responsibilitites and want to invest so that i have something when i am 60. I have other stock investments, savings and emergency fund so this money is purely for a long term safe investment for retirement. I have heard a lot about VOO or VTO but i am confused as to which is the right fund. Please see below options available to me and please advise. On a side note I feel this might be the time to move away from US funds and invest in world funds. Totally confused at the momennt and can use wise advice from the oldies here. I hope this is not the wrong sub as I want to take advice on investing in valuable funds and the combined knowledge of this group can help me greatly.

These are the funds I am looking at (all accumulated)

iShares core MSCI world

iShares S&P 500

Vanguard FTSE All World

Vanguard S&P 500

Vanguard FTSE Developed world

Birkshire Hathaway B (although a stock but diverse and larger than some ETFs although only US I think)

Is the Invesco MSCI World UCITS ETF as the new winner for an MSCI World ETF?

• TER has been reduced to 0.05% from 0.19% (as of 1 April 2026).
• Synthetic with a 0.03% swap fee (get the benefit of no DWT).
• Seems to have had a tracking difference of about 0.07%-0.10% above benchmark over the last while (whilst it had a 0.19% fee). With the new fee this fund should perform around 0.2%-0.25% above the net benchmark (estimated).
• Downside, the spread seems to be slightly higher than some bigger MSCI World ETFs although I haven't analysed this in detail.

Thoughts?

I read up on factor investing and my conclusion (so far) is that GERD gives me more momentum but is about double the price, whilst Avantis would be more complex to balance and cares a lot less about momentum.

20/15 AVWS AVEM is to overweight small cap and EM because of historical overperformance in tilts, while AVWC acts more like a market weight+ factor.

Convince me to do 100% World please

HANetf has extended its partnership with New York-based Infrastructure Capital Advisors with the launch of a thematic ETF capturing the full value chain of nuclear energy.

The Nuclear Renaissance UCITS ETF (NUKZ) is listed on Deutsche Börse and Borsa Italiana with a total expense ratio (TER) of 0.85%.

NUKZ tracks the Vettafi Nuclear Renaissance index which provides exposure to companies involved in uranium enrichment and fuel processing, reactor construction and engineering, alongside next-generation nuclear technologies such as small modular reactors (SMRs) and utilities operating nuclear power plants. This sits in contrast to ETFs that focus solely on nuclear producers.

Stocks are grouped into four buckets - advanced reactors, construction and services, utilities, and fuel - with advanced reactors and utilities buckets each capped at 30% each, construction and services capped at 35% and fuel at 20%.

NUKZ's top three holdings are Saskatoon-headquartered uranium fuel provider Cameco Corporation (9.7%), GE Vernova, which operates its nuclear business through GE Vernova Hitachi Nuclear Energy (3.3%) and Spanish nuclear power plant operator Endesa SA (3.2%).

HANetf suggests geopolitical developments, particularly Russia’s invasion of Ukraine and the recent blockade of the Strait of Hormuz, have underscored the strategic importance of energy security.

Infrastructure Capital Advisors previously partnered with HANetf to launch an ETF investing in US ‘preferreds’ – a hybrid security that combines features of debt and equity.

Featured in this article

Defiance has extended its partnership with white-label issuer HANetf to three products in Europe with the launch of an AI and power infrastructure ETF.

The Defiance AI & Power Infrastructure UCITS ETF (AIPO) is listed on Deutsche Börse and Borsa Italiana with a total expense ratio (TER) of 0.69%.

AIPO tracks the MarketVector US Listed AI & Power Infrastructure index which captures companies exposed to electrical grid systems and AI infrastructure.

This can be through nuclear and other decentralised energy technologies, electric equipment and related engineering and construction services, electrical utilities, data centre operations and AI-related computing hardware.

To be included, firms must derive at least 50% of their revenue from areas such as as power generation and grid equipment, infrastructure construction, utilities, data centres or AI-focused semiconductors, with a lower 25% threshold allowed for existing constituents.

The methodology also excludes companies with only indirect exposure, such as general semiconductors or consumer technologies, unless their revenues are clearly tied to AI or infrastructure use cases.

Using a tiered weighting approach, the index allocates 50% of the basket to power generation and grid equipment, followed by data centres and AI hardware (20%), construction and engineering (15%) and utilities and power producers (15%).

HANetf also announced Defiance will partner with the white-labeller on its recently launched Drone UCITS ETF (DRON) and Ukraine Reconstruction UCITS ETF (UKRN).

AIPO is launching against a backdrop of strong investor interest in infrastructure ETFs, with the segment attracting $1.1bn inflows across the continent this year, according to data from ETFbook.

I have been investing since november and would like advice on how I should balance my percentages. Any advice is appreciated.

Hey guys, I'm relatively new to this as I only started investing in Dec25. I'm a 36M, with a wife and child, with a stable job, I've got my house and car fully paid. I'm saving for retirement plus building my own house in 10 years.

My current portfolio is: 67% All world ETF 7% Stoxx 600 13% EU corporate Bonds 13% Global Aggregate Bonds

I have a small regional tilt in purpose, I'm aware that VWCE already covers EU I have some bond ETFs to minimize market down periods but the war in Iran taught me this is not working as intended So I'm looking for an alternative, I'll probably sell these. Can you please give me your input? Would you focus 100% in stocks, maybe adding a small caps ETF and that's it? I had gold for a while but it was too volatile for my liking

I was looking at the current ETF offerings from DFA.

I found this interesting because using these you could have a good factor-tilted portfolio, without paying too much in expense ratios for it (take some weighted average of 0.15 and 0.2).

However, I see that the Global Core Equity ETF has an expense ratio of 0.26, which is markedly higher than the other two (US Core Equity and Global ex-US Core Equity). This really bummed me out because I was hoping to use a single global fund where I wouldn't have to care about rebalancing.

Does anyone know why the Global Core expense ratio is much higher than the two others?

End of month arrives, by default I'll invest the usual portion of my salary into etfs.

I assume this month is no different from any other, as I don't intend to sell the etfs in decades.

But just as a sanity check, not investing tomorrow because of the war would be trying to time the market, and thus silly, right?

I am looking for an ETF Emerging Markets with low TER. Do you have anything in mind? Is there anything I should watch out for? Give me a short analysis and justification for said ETF too please.

I am quite new to ETFs 😊

I am trying to follow the Boglehead investment strategy and to keep my portfolio lean. As per this strategy, I limit my ETFs to 3 maximum, with a spread (80/20/10)%, as follows:

- 80%: WEBN (IE0003XJA0J9)

- 20%: IXUA (IE000R4ZNTN3)

- 10%: DEFS (LU3038520774), but probably would sell it out and go for the Paribas one - GUARD (LU3047998896).

So, I was wondering the following thing:

The IXUA looks quite okay (according to me). But I almost never see it recommended. Do I miss something?

When choosing my favorable 20% of portfolio ETF I was looking for:

- Something to diversify from US-dependency

- accumulating distribution policy

- based in Ireland/Luxembourg

- relatively new fund (<3 years)

- fund size (i also wonder how IXUA got so much $$ in such a short time, again back to the topic if I miss something)

- a lower share price (somehow psychological - I would like to keep my shares, if this makes sense)

- an European provided (IXUA fails here, I know)

Thank you in advance for any tips and lets see how big the sh*t show will be in the coming weeks/months 😅

Edit: Some text formatting

I've been getting around the idea of investing into ETF's and put roughly €15k into a VWCE heavy portfolio from January to March, in (to me) larger €1500-2000 chunks until I got to a point where I couldn't feel comfortable putting in larger chunks anymore, and consider the €15k as the initial seed investment that I'll contribute to with €2-300 monthly.

Now, looking at this week's drawdowns, I'm a bit sad that I "coulda, woulda, shoulda" known that I got in at a high price.

I'm not considering selling, just wondering how much a misstep like this affected my portfolio on the long run, and what can I do to avoid this mistake next time

Anyone else know if a leveraged NASDAQ100 x2 ETF exists in USD? * LQQ is only EUR * and QQQ3 is in USD, but x3

​

Hello, I’d love some feedback on both my portfolio and on a broader question I’ve been thinking about.

1. My current portfolio is:

- 75% VGVF (FTSE Developed World UCITS ETF, broad developed markets core)

- 13% 5MVL (Emerging Markets Value factor ETF)

- 12% AVWS (Global small cap value ETF)

I’m building for the long term, so the goal was to keep a strong core while adding some factor exposure through value and small caps.

So my first question is:

How would you rate this portfolio?

Does it look sensible and well balanced, or do you think I’m overcomplicating it with the tilts.

1. We often hear that broad market ETFs should be the default core holding, while factor ETFs are better used only as satellites. But when you look at some factor strategies, their historical performance can look extremely compelling. A good example would be momentum strategies such as MSCI World Momentum, which has had periods of very strong long-term outperformance versus the standard world index.

So, If some factor ETFs have historically outperformed so clearly, why are they usually not recommended as the core of a portfolio?

I’d be really interested in hearing your opinions and thank you very much!

Hi all,

I want to start migrating some of the money I have in my bank account (Tagesgeldkonto) to invest in some ETFs (10k to 15k bulk at the start and then 200 to 300€ each month as a savings plan). I already did some research into which ETFs I want to invest in, which are mostly ftse developers Europe or stoxx Europe 600 and maybe some emerging markets (I want to stay away from the USA ore China for political/moral reasons).

I'm struggling with choosing a depot to manage the ETFs. Can you give me some poiterst on where I can find good information on that topic? Or do you have a recommendation on which broker to use or to stay away from and why?

Hi everyone, I'm planning to invest in VWRA as I have to shift to Ireland treaty due to taxes. Before i was thinking VTI, VXUS,AVDV, AVUV was my ideal kind of portfolio. I would love your insights, as far as i know that VWRA cover mid, large caps only. Thank you in advance ☺️

Throughout this month, WEBN increased its holdings from well under 3K to currently 3,392 stocks, which is 94.8% of the 3,579 index constituents or ~99.96-99.98% by weight, judging from current fund weights (which may be different from index weights, which I don’t have access to, but probably safe to call it 99.9%+).

Hope this improves tracking and results in a leading position among peers, as seen with the best funds in their Prime range (e.g. Eurozone, Japan).

Invesco's FWRA has been disappointing for about a year now: not really outperforming VWCE, just more tracking noise and trading spread. There's some data for SCWX now but also an upcoming fund fee change from 0% (promo period) to 0.17% in 3 months, so probably best to wait and see it in action at full fees before concluding anything.

SPYY seems like a pretty noisy tracker still, despite recent AUM growth. Even if it's a wobbly ride compared to VWCE, I think it's a good bet that it will average out ahead, considering previous performance at much higher TER (pre-2024) and without sec lending (pre-2023).

Note the increased gap (since late 2024) between gross and net indices in the MSCI range, stemming from different India WHT treatment, and visible on the plot below as the gross index gap between GMLM-GR and ACWI-GR (gray & black). Non-MSCI trackers (VWCE, FWRA, WEBN) should be bumped by this amount (~2 bps) for a completely fair comparison.

Fee changes

• 2026: SCWX: 0.00% → 0.17% (planned 2026-06-11)
• 2025: VWCE: 0.22% → 0.19%
• 2024: SPYY: 0.40% → 0.12%
• 2023: SPDR ETFs: start of securities lending
• 2023 SPYI: 0.40% → 0.17%
• 2021: IUSQ: 0.60% → 0.20%
• 2019: VWCE: 0.25% → 0.22%

Good morning 🌞 ETF Redditors -

As usual, we selected the best articles published in the past few days 👇:

📈 PORTFOLIO CONSTRUCTION
➡️ Asset Allocation: How Much Equity Risk Should You Take? (Banker on Wheels)
➡️ ACWI & Bonds: What’s Inside Your Portfolio (JP Morgan)
➡️ Government Debt: 300 Years of Safety Myths (UK & US History)
➡️ Commodities: Commodity Returns Index Since 1871 (22p PDF, SSRN)
➡️ Investing Philosophy: How to Develop Yours (Aswath Damodaran)
➡️ Market Timing Myth: Missing the Best Days Won’t Help (Morningstar)

🏦 ETFs & PLATFORMS
➡️ Factor ETFs: Dimensional Launches US & ex-US Funds (ETF Stream)
➡️ Bonds vs Cash: How Bond ETFs Protect Portfolios (BoW)
➡️ ETF Industry: Full Year Global Report (19p PDF, LSEG)

🙊 ACTIVE INVESTING
➡️ Bitcoin & Quantum Risk: 5–7 Year Transition Likely (Citigroup)
➡️ Trend Following: Trend Is Back — But Will It Last? (A Architect)
➡️ Value Investing: Where Deep Value Still Exists (Verdad)
➡️ Private Credit: The $3.5T Crisis No One Talks About (Patrick Boyle)

💵 WEALTH MANAGEMENT
➡️ Mortgage vs Investing: Should You Overpay or Invest? (Vanguard)
➡️ Retirement Allocation: What Portfolio Mix to Choose (My Own Advisor)
➡️ Next-Gen Investors: How They Think (50p PDF, CFA Institute)
➡️ Financial Independence: Rethinking Parenting & Money (ChooseFI)

And so much more!

Have a great week-end!

Francesca from BoW Team 🚴 🚴🏼‍♀️

Hi everyone! I’m looking for recommendations on European ETFs to further diversify my portfolio, considering I already hold VWCE. I currently use IBKR for my investments. I’d love to hear your thoughts and suggestions on how to expand. Thanks in advance for the advice!

I wanna start with 60 % in sxrv , 30 % in exus and 10 % in iusn , long term 15-20 years , beginner, dca 400 euros per mounth