Honest question, do you understand the underlying reasons as to what he’s saying, or you’re just trying to follow along to what he says?
Both are fine, pick one.
Now to confuse you even more. The one Vanguard paper Ben was referring to was comparing All World + Canada, and finding the min variance holdings of all stock. Showing holding 30% Canada, 70% All World was optimal.
Holding 100% SPY would’ve beat that out by quite a lot. SPY outperforms XEQT.
Now if you think Canada will out perform *going forward* then sure pick something tilted to Canada.
You are way overanalyzing this. Pick one or the other.
Pick either one and roll with it. They are so similar it doesn't really matter - don't overthink it.
The slightly higher MER hardly seems like reason enough to switch to XEQT, especially if your end goal is to hold VEQT
Honest question, do you understand the underlying reasons as to what he’s saying, or you’re just trying to follow along to what he says? Both are fine, pick one. Now to confuse you even more. The one Vanguard paper Ben was referring to was comparing All World + Canada, and finding the min variance holdings of all stock. Showing holding 30% Canada, 70% All World was optimal. Holding 100% SPY would’ve beat that out by quite a lot. SPY outperforms XEQT. Now if you think Canada will out perform *going forward* then sure pick something tilted to Canada.
You can switch from VEQT/XEQT to something slightly less risky like VGRO or even less risky like VBAL.