Funds and ETFs as Investments

Pretty good. FTSE All-World is even slightly more comprehensive than MSCI ACWI.

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DWS Xtrackers (& Scalable) has registered a leveraged ACWI. No further information is available yet. Chargement... | lei-luxembourg.com

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Quite nice, and I’d be interested in that EMU one.

But once again, the same problem that occasionally occurs with these ETFs: a really confusing, customer-unfriendly, and exhausting swamp where it’s difficult to find the right target. It required detective work again.

Via Google, I ended up on the UBS page for the ETF: UBS Core MSCI EMU UCITS ETF. In fact, there were several Google search results for that instrument on UBS’s site that looked correct—at least three—and then you still have to make the correct selection regarding your own country of operation, and Finland didn’t seem to work. How do you even choose the right link? On the pages, you can select the Eur acc. version from a dropdown menu if you happened to choose the right link. Below are a couple of search results and corresponding links.

You find all sorts of Reuters IDs and Bloomberg tickers, but not that simple four-letter one used to find ETFs in, for example, Nordnet, Yahoo, IB, and everywhere else. According to another UBS page, this trades only in Switzerland. ISIN LU0950668870 seems to be the only thing connecting them—they must be the same. Yay?

Enter the ISIN number into Yahoo Finance. I find an ETF that “looks right,” ticker 0DZP.L, so it apparently trades in London? Ok.

I enter the ticker into Nordnet—nothing. Into IB—nothing. Could it be that the problem is in the trading settings? Well, yeah


At this point, I remember the justetf website. Let’s search there.

Now it looks promising! Finally, a sensible ticker, and according to the site’s info, it trades on Xetra, which I should at least have access to, as well as in Milan and Mexico (which were surely mentioned somewhere deep in the UBS site as well). Let’s try the ticker. Nordnet—found it! So we’re on the right track, but I’m not buying from Nordnet anyway. IB—nothing
 At this point, I’ll give up for now.

Does this sound familiar to anyone? What is the best shortcut?

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There really is no shortcut to this. The Justetf site you already found is probably the best place to start. It is relatively easy to compare ETFs tracking the same index based purely on returns, but comparing ETFs tracking different indices is very difficult, and you have to rely on the reported expenses. Over at Rational Reminder, one fellow performed comprehensive comparisons of tracking differences for ETFs across various regions, but unfortunately, he discontinued the project. The thread still exists, of course, but the information becomes outdated over time.

If your hope is to add the Eurozone to your portfolio, this was the best option according to that project, which concluded at the end of March.

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I was already aware of that. And the intention wasn’t really to compare, but simply to find an actual product offered for sale by the company :laughing:

Having played around with these ETFs for well over a decade now, I’m still surprised by how mystical they can be. They could still use some better productization and popularization to evolve beyond that 90s-era feel.

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Exactly :smiley: UBS is definitely one of the worst when it comes to the messiness of their websites. I’ve forgiven them because they participate quite actively in price competition and haven’t screwed over old customers stuck in tax traps by releasing new, identical ETFs tracking the same indices at a lower price, as for example DWS did a few months ago.

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I wonder when EUNL will lower its management fee (0.20%)? :sob:
I bet it’ll be never.

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Good news, it looks like S&P 500 won’t be fast-tracking SpaceX into the index. Yahoo Finance is spreading the news; nice to know it doesn’t suck as much.

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For a long time, I’ve had an issue finding an Asia ETF that I really like. Seligson Asia is quite good, but I don’t consider it optimal due to the costs, and secondly, the large weight on Japan has bothered me a bit. I don’t know if “Asia” is the right term, but Indonesia interests me, as does Australia with its raw materials in the current global situation. Additionally, the situation in Canada is somewhat interesting. 75% of their trade is with the United States, which is now facing major headwinds. It’s possible the stock market will take a hit, but Canada still has its natural resources.

Now I’m interested in how people have been building these combinations, especially using Nordnet’s monthly savings (kk-sÀÀstö) targets, because I’d like to gradually take some small positions based on my views. I’m also interested in value funds. I personally hold SPDR Value Small Cap USA & Europe, but Asia is missing there too. Likewise, Small Caps in general interest me because they are quite low relative to large companies.

In my view, the current conflict situation could lead to availability or price pressures—for example, in raw materials, oil, battery metals, and metals for the defense industry; there is already a huge spike in semiconductors. Players outside the conflict operating normally could experience a super-cycle. Oil refining is one such area.

I’m not looking for a new trendy “megatrend” ETF, because in my opinion, one good sign of a bubble is when a dedicated ETF is created for it. I want to catch a good cycle at a good price. For example, I started buying the Franklin Korea ETF over 3 years ago. The country was weighed down by factors like its proximity to North Korea, Trump’s auto tariffs, etc. Yet, Samsung is one of the leading semiconductor manufacturers. Distrust towards China has helped them on the mobile phone side.

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I use the iShares Core MSCI Japan IMI UCITS ETF (EUNN) and the iShares Core MSCI Pacific ex Japan UCITS ETF (Acc) (SXR1) for my allocation to developed Asian markets. Based on MSCI ACWI weights, the relative weighting between these two is currently approximately 70% Japan and 30% Pacific ex-Japan. Emerging Asian markets are included within my emerging markets ETFs (AVEM/5MVL/FLXE); I haven’t started breaking those down separately.

I would also be interested in knowing which routes people use to invest in Asia through funds. Looking at my own book-entry account (AOT), Asia is included in these:

Vaneck Defense: Asia weight 15.7%

Avantis Global Small Cap: Asia weight around 12%, but the majority of that is Japan.

Franklin Korea: Asia weight 100%

Otherwise, my portfolio is very Europe-weighted, though there is some indirect exposure to Asia through business operations since the companies also operate there, especially when talking about European funds focusing on larger companies.

I’ve personally held DBX7, 8, and 9, among others. There are all sorts of these


Here is a tracker for All-World ETFs: ETF performance comparison (All-World) | Notion
And for the record, that performance is easy to verify on the provider’s own websites.

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Refining my search. In principle, lazy_owl was pretty much what I wanted, but I would prefer to have emerging markets in the same package and one ETF would be enough for me. I have this one, but it can no longer be bought. Something similar and preferably acc (accumulating).

What equivalent is available that is PRIIPS compliant? I would prefer to have those in the same package.

Correction: This one seems to have emerging markets Asia, but the cost is a bit high.

Edit: Found this while digging through iShares. Same thing but for emerging markets.