Wuffle wrote:I have lots of cash to deploy also (for me) and have been generating an array of graphs while I decide what to buy.
USA, which has been going up in whatever format you choose to buy it in (ETF or IT) but which looks dear currently, or anything else which has chugged along at a more respectable pace (and looks far less impressive on a graph) but seems to be priced more reasonably.
Through which action I note that MYI and HFEL don't appear to have done much different to WERX.
How come you singled out WERX?
No criticism as I have found myself bouncing likely candidates around and got nowhere so far and to be honest I am as much fishing for good sense.
MYI and HFEL have been a bit of a rollercoaster the last two or three years (I bought in Sept and Nov 2017) and the recent coronavirus issue has put them under my buying price again by about 6%, but they have good dividends, particularly the latter, and that's basically what they were bought for, although some capital increase would have been nice too. They were my first forays into ITs and something of an experiment too, as well as an attempt to get more far east exposure compared to my rather UK-centric HYP. I felt I had to have some skin in the game in order to learn from them properly.
VERX was bought around the same time along with VWRL in order to compare how a lower dividend, more tracker-style investment would stack up against the ITs.
VWRL, which is obviously global, has done well - up 22% over the same period, but VERX, which was in turn an attempt to get some European exposure, has been underwater for most of that time and only recently crept back into positive territory. While it does have a slightly better dividend - around 2.8% against VWRL's 1.9% - it's still been a relative failure. Another thing being that the dividends are paid in Euros which is a bit messy.
As I'm doing a bit of housekeeping at the moment for other reasons, I felt it was time to drop VERX and try something else - either putting it into more VWRL or into ITs, which is what promoted this thread.
What period were your graph comparisons over? Presumably a different one than mine.
Incidentally for comparison, FCIT, which was bought about 5 month later, is up 19%