MSCI

SolidPair8327

If you can do it, why wouldn't they? I'm betting they know what they're doing with investments. I've got a shitty little 401k that's doing 14% annually with T Rowe Price. Here's one through Fidelity over one year. The FTEC (Fidelity MSCI Information Technology Index ETF) has delivered a 1-year total return ranging from approximately 35.19% to 40.93%, depending on the specific data source and whether NAV or market price metrics are used. PortfoliosLab reports a 1-year return of 35.19% with a volatility of 24.35%. Schwab data as of August 31, 2026, shows a 1-year annualized return of 39.3%. ETFDatabase indicates a 1-year return of 39.99%, significantly outperforming the ETF Database Category Average of 33.38%. TotalRealReturns calculates a 1-year total return of 36.34% with dividends reinvested. These figures represent performance over the trailing twelve months leading up to late 2025 and 2026, consistently outperforming the S&P 500 Index, which averaged a 1-year return of 20.07% to 20.4% in the same periods. Here's another Fidelity fund that's doing okay. https://money.usnews.com/funds/mutual-funds/large-blend/fidelity-500-index-fund/fxaix/performance Another one. https://money.usnews.com/funds/mutual-funds/large-growth/fidelity-nasdaq-composite-index-fund/fncmx/performance

MomImissedTheBus

I’m fairly new to investing and I’ve noticed VWRP gets recommended a lot on here. I’ve gone with the State Street SPDR MSCI All Country World (ACWI) instead. It seems to give me pretty similar global exposure, including developed and emerging markets, but the fee is slightly lower at 0.12% vs 0.14% for VWRP. My plan is just to keep adding to it every month and hold long term. Is there anything I’m missing? Why does VWRP seem to be so much more popular?

Illustrious-Lack24

Operation liquidate saylor. MSTR will be removed from MSCI by october 16 the recent rally was a gift from heaven

ten_year_holder

If you’re not confident about picking individual stocks, keep investing in a ETF (like VOO or MSCI World) every month and hold it for decades. Don’t get caught up in macroeconomics, headlines, market swings, or wars. Just keep buying and holding. Twenty years from now, it could turn out to be one of the best decisions you’ve ever made.

JeromePowellLovesMe

Mstr MSCI decision this month.

BlockQuantCapitalLab

MSCI's own index data search on msci.com (end-of-day index data) lets you pull monthly levels for the World factor indexes (Momentum, Quality, Value, Minimum Volatility) as far back as each index's history goes. Keep in mind that most factor indexes are back-calculated before their launch date, so the early years are a backtest, not live data. If you want a free cross-check, Kenneth French's data library has monthly developed-market factor returns from July 1990, and AQR publishes its Quality Minus Junk and value/momentum data sets.

ten_year_holder

Keep investing in ETFs and be patient. It takes years, not months. To keep things simple, I also recommend investing only in one ETF, like the MSCI World.

JeromePowellLovesMe

MSTR posts doing well. MSCI statement due next month.

jackhref

It's called Climbing a wall of worry. 1. The Stock Market Is Not the Economy The public perceives the world through the lens of lived experience: grocery bills, mortgage rates, local job stability, and disturbing international news. Equities, by contrast, reflect the discounted future cash flows of large, multinational corporations. 2. Forward-Looking Discounting vs. Backward-Looking News News outlets report events as they happen or analyze what has already occurred. Financial markets are forward-looking discounting mechanisms that trade 6 to 18 months into the future. 4. Market-Cap Concentration and Secular Themes Headline broad-market indices (like the S&P 500 or MSCI World) are market-cap weighted. Their movement is dominated by a handful of massive technology and industrial leaders. 5. Asymmetric Positioning and Short Squeezes Widespread negative sentiment is itself a classic contrarian indicator: Sellers Exhaustion. When pervasive gloom causes market participants to hedge aggressively, hold excess cash in money market funds, or establish short positions, the pool of potential future sellers diminishes. Pain Trade to the Upside. With few sellers left to push prices lower, even mediocre earnings or marginal economic stability can cause asset prices to drift upward. As the market rises, underinvested managers and short sellers are forced to buy back in to prevent benchmark underperformance, creating a self-reinforcing melt-up. 6. Inelastic Passive Inflows A massive portion of global capital does not trade based on news sentiment. Sovereign wealth funds, defined-benefit pension schemes, and retail index-fund investors run automated, programmatic contributions every month regardless of whether the headlines are positive or negative. This steady baseline of liquidity provides structural support to equity valuations, absorbing panic-selling from sentiment-driven traders. 7. Inability to perform basic arithmetic

Daydream_Dystopia

So anyone thining about jumping into a good Asia-Pacific ETF? * ✅ [**iShares Core MSCI Pacific ETF (IPAC)**](https://www.ishares.com/us/products/264619/ishares-core-msci-pacific-etf) * Expense Ratio: 0.09% * Focus: Broad developed Pacific exposure (heavy Japan, Australia) * Best for: Low-cost core international holding \[[1](https://www.ishares.com/us/products/264619/ishares-core-msci-pacific-etf)\] * ✅ [**Vanguard FTSE Pacific ETF (VPL)**](https://investor.vanguard.com/investment-products/etfs/profile/vpl) * Expense Ratio: \~0.03% range (low-cost leader) * Focus: Developed markets in the Pacific region * Best for: Passive, long-term buy-and-hold investors \[[1](https://investor.vanguard.com/investment-products/etfs/profile/vpl)\] * ✅ **iShares MSCI Emerging Markets Asia ETF (EEMA)** * Expense Ratio: 0.49% * Focus: Emerging Asian economies excluding Japan/Australia * Best for: High-growth risk-tolerant satellite allocation \[[1](https://www.etf.com/topics/emerging-asia-pacific)\]

godfather-ww

About 1% is MSCI AWI. Rest is individual stocks, Gold ETC or bond ETF as market money

PortfolioNerd

You’re not missing a magic ETF. The main issue is overlap: MSCI World already contains US large caps, and NASDAQ-100 adds a heavy growth/tech tilt, so 70/30 is a deliberate bet, not extra diversification. Decide the target exposure based on your time horizon and risk; if you want a simpler neutral core, one broad global fund can do it. I wouldn’t sell just to tidy the list—check fees, tax consequences, and whether the old positions fit your target. Route new contributions to underweight holdings and use a tolerance band (for example, 5 percentage points) before rebalancing.

xxsidoxx

I've started buying MSCI ex-US because I'm like 90% US right now just to make it a bit more diversified on a country level.

Ticksdonthavelymph

As of Aug 31, 15.7%, so better than US YTD benchmarks, worse than MSCI… still muddy though cause it’s a mid year rebalance…

ace_alive

In Germany, the usual recommendation is the FTSE All World index if people want to passively invest over a long time. Or if tey want to exclude Emerging Markets, the MSCI World index. I do not lnow what your tickers represent, we use something different here. The focus purely on the S&P 500 might be more of an US American investing thing, I suspect.

IneedtheWbyanymeans

Turkish stock exchange has been running on pure manipulation for the past year. It’s controlled by funds that have had returns upwards of 600% in the last year. Last week one of these funds imploded. And rummies of the owner running to Greece started circulating. Since Monday, but especially today, the money started to suddenly leave these funds. Forcing sales of stocks into thin floats. MSCI had previously opened an investigation into the Turkish exchange asking for the manipulation to stop, now foreign investment ( Bank of America being the biggest foreign investor) has started mass dumping stocks. With no real buying. Turkish stock exchange limits daily gain and loss to 10%. Once 10% is reached circuit breakers halt trading and resume only the next day. Further bloodshed is coming.

v1ncentkpe

Im really not saying that google isnt a solid company. But berkshires entry at around the all time high kinda looked like a fomo buy😭 i guess over a long time it doesnt matter, my Personal strategy for now is just keeping the AI Exposure through my ETFs as it is, and invest my current Cash in Stocks like Stryker, S&P Global, Mastercard, MSCI or even ROL when its stabilised.  All I was saying is that Google isnt fundamentally undervalued at the moment, with a non-NRI P/E of 33-35. Its probably an ok price to pay, but its just not my play atm.

SuspiciousSpyderman

Don't wanna jinx it but $MSCI may have bottomed today

longGERN

My portfolio is FICO, UBER, NFLX, SPGI, MSCI, CSU, CPRT

InquisitorCOC

Lol If you concentration is bad in S&P 500, you ain't seen nothing yet! For example: Samsung and SK Hynix now make up 50% KOSPI TSMC is 55% of MSCI Taiwan Top 10 companies make up 45% of UK's FTSE 100 Same with Japan Saudi Arabia is all about Aramco \--------- The weighting of Top 10 in S&P 500 is about 40%

taplar

If I'm reading your post correctly, currently 80% of your allocation is in an MSCI World fund. And later you ask if if make sense to invest in index funds. What do you think your MSCI World holding is?

xxguimxx1

Hi everyone, I’m 23 years old, with €13k invested in equities, allocated 80/10/10 across MSCI World, emerging markets, and small-cap index funds. I can also contribute €900 per month, so I already have my equity investment strategy in place. In addition, I have €1,000 in cash savings in Trade Republic’s interest-bearing account. For the fixed-income side of my portfolio, and to have a safer investment for the short term, I’m planning to move abroad for a while in 1–2 years, so I’ve been looking into different ways of investing in fixed income. For such a short time horizon, the returns I’ve found so far (although I may not have looked in the right places) are lower than what I’m currently getting from the interest-bearing account. My idea would be to make an initial €1k investment and then contribute €100 per month. I understand that Trade Republic’s APY is variable and depends on the ECB, which is why I’m looking for something more stable/safe. My question is, does it make sense to invest in other things, like index funds? Given that I’m currently getting 3% APY from Trade Republic, I’m finding it difficult to move the money elsewhere when those alternatives offer less liquidity and a lower return. Thanks a lot! :)

Infinite-Pomelo-7538

MSCI World - lol https://preview.redd.it/qjw4t0z2sxnh1.png?width=1080&format=png&auto=webp&s=57670b96db853cd7e695b3dfee33e05307b53d10

Infinite-Pomelo-7538

MSCI World - lol https://preview.redd.it/7amrwxtyrxnh1.png?width=1080&format=png&auto=webp&s=b0074e21febbc66884fbb9c9a9c726ae70399e98

anon_temp321122

It makes no sense to "try to exclude things that go against your beliefs" when talking about ETFs. Especially broad ETFs. You can make those decisions when refusing to buy, say, individual gambling or alcohol stocks. But ETFs are capturing hundreds to thousands of stocks based on performance. Let go of those restricting when considering ETFs. Not buying the S&P500 because there might be an alcohol company among the 500 companies? Come on. if you want to "preserve" and your time horizon is only 5 years then go with MSCI world, that is less risky than the freaking nasdaq100 and, even worse, health-care-ETF.

Mindless_Acadia_7382

The assets you have listed are not suited for your stated main goal, which is to preserve the €10,000 over 5 years. The Nasdaq lost 82% of the value it had in 2000 and took 18 years to recover. Gold lost 70% of the value it had in 1980 and took 28 years to get back to its previous price. The MSCI Health lost 38% in the financial crisis, but it doesn't exist as long as the others, so there's less data which makes a risk analysis less reliable. A much better way to achieve your stated goal is to buy German government bonds for 5 years. Equities and gold have a better return on average in the long run, but not over any 5-year period.

WorseSapiens

**Dear r/wallstreetbets,** I have €10,000 that I want to invest for 5 years (the time horizon is fixed in my case). I’ve looked into different options and came across the following portfolio structure: **80% ETFs and 20% Xetra-Gold**. In Germany, if I hold physical gold for more than one year, there can be tax benefits, so in my case, the 5-year holding period would apply. For the remaining 80%, I want to invest in ETFs that **do not include financial companies, companies involved in betting or alcohol, or fixed-interest investments**, as these are against my personal principles. My initial idea was to invest the remaining 80% as follows: **45% Nasdaq-100 (accumulating)** **35% MSCI World Health Care** However, my concern is that both are very industry-focused. The Nasdaq-100 has a heavy concentration in the IT/technology sector, while the MSCI World Health Care is obviously focused entirely on healthcare. My main goal is to **preserve my €10,000 over the 5-year period while ideally earning around 7–8% annually**. What would you recommend for the ETF portion? Would this portfolio make sense for a fixed 5-year horizon, or would you diversify differently?

TreGet234

Rate my port: 50% MSCI Taiwan 25% ASST 25% BMNR

No_Presentation9490

koreans will be too scared to invest in their stock market for a decade after this. at this point MSCI should even take them off the emerging markets index because they're dragging emerging markets down LMAO

scanline-wyvern

SNDK added to MSCI, just FYI

scanline-wyvern

SNDK got added to MSCI etf

Necessary_Relief_126

SNDK was added to MSCI, MM’s rebalancing

Necessary_Relief_126

Korea forget everything they’re saying about MSCI, that last minute memory pump was just for you

WillingnessMental731

SNDK was added to MSCI index at market close, fund were rebalancing portfolios. Thats what happened

WillingnessMental731

SNDK added at MSCI index at market close, funds rebalancing portfolios

Ben_f157

SNDK lists on MSCI

WillingnessMental731

SNDK was added at MSCI index at market close so funds are rebalancing portfolios

greytoc

VXUS tracks FTSE Global All Cap ex US index. Afaik - Vanguard is the only investment manager that has a fund that tracks that index. Schwab's equivalent mutual fund would likely track the Russell Developed ex-US index - which is SFENX. Funds that track MSCI may have lower expense ratios than funds that track Russell indices - like IXUS.

gti9t3

I don't have a total US market option in my 401k like (VTI/FSKAX) and have to build it myself between large cap, mid cap, and small cap index funds. They are all Spartan Index Funds with very low expense ratios. My goal is to allocate 60% US and 40% International. My choices are Spartan 500 Index (S&P 500), Spartan Mid Cap Index (S&P 400), Spartan Small Cap Index (Russell 2000), and Spartan Total International Index (MSCI ACWI ex US). How much should I allocate between 500, mid and small? My understanding is the S&P 500 makes up roughly 80% to 83% of the total US market. Should I split it as 80% 500, 15% mid, and 5% small? So with a 60/40 split it would look like 48/9/3 for the US investments then 40% Total International. Is that a good balance or am I not investing enough in mid and small? Should I just go with 60% S&P 500 and 40% International? I will be manually adding FXNAX (Bonds) at a later time. Thanks in advance.

-mini-kuma

UK traders buying MSCI Japan to 1.3% vs 0.4% domestic closing ( •̯́ ₃ •̯̀)

zunzunzkreddit

If you have a diversified ETF (MSCI World etc.) lump sum. If you have something with more risk (S&P500, Eurostoxx, some Sector only etc.) DCA. Also depends on your resilience. Can you sleep at night investing lump sum and living for 10 years with -50% till it is going back up? Can you sleep at night in 10 years having done DCA knowing your 100k$ would’ve been 140k$ now having done lump sum? (Arbitrary numbers just for the explanation) TLDR: lump sum: statistically better DCA: better sleep at night, slightly worse performance

No_Presentation9490

its no fucking wonder why MSCI has refused to upgrade them from "emerging market". they literally cannot do ONE thing right

ShittyUsernane1222

I wonder what would happen if wsb was perma bullish on MSCI world index and US treasuries. would inverse wsb algos literally have to price in the apocalypse?

No_Presentation9490

korea: why are we still classified as an "emerging market" by MSCI? thats not fair. also korea: uses their national pension fund to buy SK hynix and samsung shares after they ran up 2600%

Prestigious-Ad-7927

Sell 420 contracts of the Jun 2027 38 calls for 10.85. This will lock in 2.25 of profits or $94.5k and if SMCI stays above 38 at expiration, you can sell the spread for 13.00 or another $546k. If you convert it to a broken wing condor by selling 420 Jun 2027 60/65 call credit spread for 0.75, that’ll give you an extra $31.5 to lock in a guaranteed profit of $126k at expiration. If MSCI is between 38 to 60, you’ll make a total of $672k including the credits you received by selling calls and the CCS. If MSCI is above 65, your max profit would be $462k.

harrison_wintergreen

This is interesting and I applaud investing your own money for the test. However, the 'beware' in the title is misguided. - you didn't lose money with any of those ETFs, at least in nominal terms. - you didn't know in 2017 what would happen by 2026. - that last ~9 years don't predict the next 10 years, and the last ~9 years may or may not be typical. from 2003 to 2013, RSP outperformed SPY by a wide margin. https://imgur.com/a/v4Uow9Z - SPY is not necessarily an appropriate control or benchmark for all those ETFs. for example QUAL uses the MSCI USA Sector Neutral Quality Index as a benchmark, not the S&P 500. Comparing every investment on the planet to SPY/VOO is a common error I see on reddit. - as others mentioned, some of the ETFs may have smaller drawdowns -- which certain investors might prefer. some of those ETFs might also have higher dividend income potential, which is also a perfectly valid strategy for those who want it.

Swred1100

Straight SPY market weight capped is, in its own way, already incorporating momentum, as the fastest growing companies/stocks will take up more and more of the index. The argument to go equal weight is to increase diversification, not to increase gains. They also aren’t all the same baskets of stocks. MTUM and QUAL aren’t S&P, they are MSCI USA which includes medium caps. Also, they do not hold all 500 S&P companies, they hold the ones that align with whatever their goal is. ie: if RPV doesn’t believe MSFT is value, it may not hold any MSFT.

BackstrokingInDebt

Bloomberg has its own industry classification which they are trying to rival the industry standard GICS classification. I guess Mikey B got a little butt hurt when he wasn’t t invited to the MSCI and S&P collaboration. Bloomberg has its BICS data which they are integrated within Bloomberg securities universe keyed on their FIGI. Bloomberg tends to have very tight control about their data. Cost of BICS data is cheap relative to their other data packages. It’s about 80K per year plus onetime 40K for history.

HunterFeeFee

And maybe go all in on a sinking ship that you can't escape. The answer is always WORLD. MSCI or FTSE.

Sacisbac

My 10 yr return: Time-weighted rate of return (pre-tax) Cumulative **Your return** \+1538.89% S&P 500® Index \+307.42% Dow Jones U.S. Total Stock Market Index \+287.57% MSCI ACWI ex USA (Net MA Tax) \+150.57% Bloomberg U.S. Aggregate Bond Index \+14.31% Bloomberg Municipal Bond Index \+21.29%

kokachimoola

Please review my portfolio 📊 My Current Investment Portfolio Amphenol (APH) 5 shares Buy in at €148.52/share Intuitive Surgical (ISRG) 1 share Buy in at €349.95 Siemens Energy (ENR) 2 shares Buy in at €163.54 SpaceX 2 shares Buy in at €94.60 NVIDIA (NVDA) 1 share Buy in at €175.52 Marvell Technology (MRVL) 1 share Buy in at €167.18 Palantir (PLTR) 1 share Buy in at €108.44 Below are for long term investments, (Set and forget) Vanguard FTSE All-World (Acc) - monthly 300 Euros Xtrackers MSCI World Small Cap (Acc) - Monthly 100 Euros

Specialist-Rice-8541

Will $MSCI HIT 37 now?

Specialist-Rice-8541

$MSCI anyone? 37?

Specialist-Rice-8541

$MSCI 37?

Specialist-Rice-8541

Is $MSCI doing it AGAIN?

Specialist-Rice-8541

what do you think about MSCI?

longGERN

MSCI

Successful-Deer-5866

Best advice here. If you want some more consider not investing in a ETF thats referred to US companies until the midterms have passed. Check MSCI world, or raw materials, or gold.

blorg

Not to the present, but if you invested $1 in 1970 (when MSCI international tracking began), international stocks maintained a higher cumulative return than US stocks for most of the next 40+ years, [all the way into the early 2010s.](https://www.reddit.com/media?url=https%3A%2F%2Fi.redd.it%2F5616lmsdc9dc1.png) *Right now* US stocks have pulled ahead- like you can see international massively pulled ahead in the 1980s. Assuming recent US outperformance will continue indefinitely implies that US equities will eventually account for nearly 100% of global market capitalization, which is unrealistic. History suggests US/international outperformance operates in [multi-decade cycles](https://www.hartfordfunds.com/dam/en/docs/pub/whitepapers/CCWP014.pdf) (pdf), and valuations eventually revert to the mean. The other aspect is that even if you go back further and look at the trajectory of the US development over the 20th century, which was unique (not directly touched by two World Wars, huge economic development after, the whole tech boom) you have to believe that that unique position is going to continue forever. If you went back to the 19th century, you could be looking at the British Empire and saying, this is it, and it's going to continue forever.

Last_Cauliflower3357

Just speaking for myself here. Around 80% of my portfolio is just on MSCI World, so I am getting a lot of benefit from the market rallies. However, I genuinely find it interesting to analyse companies and see if they are good investment (maybe that’s why I work as a credit analyst). So with the other 20%, I usually have positions in stocks (I keep 5 shareholding positions or less), and those usually are just contrarian bets on where I find value. Maybe I’m not optimizing my portfolio, but I’ve had reasonable success.

AJayHeel

Let's say you invest now, wind up doubling your investment, then the market drops 50%: you're back where you started and still have all your original money. (I doubt the market will double before it drops 50%, but three years of 25% returns would just about double the market, so maybe.) If you want to avoid the tech heavy index funds, you could consider an equal weighted fund, like RSP, or international funds, though some of those are actually fairly tech heavy too due to Korean chip stocks. MSCI treats Korea as an emerging market, however, so you could consider an international fund based on MSCI's definition of developed countries (check out EAFE). You could also keep 10-20% of your funds in something like a government money market. I know Fidelity offers a couple of options for "cash" that actually yields \~3.5%. Schwab and the other brokerages have similar "cash" options. Morgan Housel once wrote that he looks at cash as yielding two benefits: one, it can minimize a drawdown if your investments crash, but two, if or when the crash comes, you have cash available to buy stocks cheap.

No_Presentation9490

How long until MSCI downgrades Korea from emerging market to developing country They legit can't be trusted with a stock market and they're never going to trust their stock market again

Din4d4n

Just keep it simple and buy any SP500 and/or MSCI World ETF. I would not buy individual stocks for 21€, not worth the hassle to research and monitor them.

IronyElSupremo

While there’s definitely some income to the subordinate companies (launch, starlink .. the latter how MSCI classifies it as communications .. “alternative carrier”), most of the value is based on future tech (or as critics put it, tales on the future of tech that doesn’t exist yet). Launch is small and starlink isn’t scalable to dense urban areas, so it’ll be a sell on trying to get colonies in space (probably mining). Then Tesla still sells cars (that’s more a function of gas price) and probably more importantly all sorts of batteries. If actually selling Tesla’s Chinese operations, the thought is a merger may be attempted. My thought is he may try to combine the remainder as a general “tech” company for the big indexes but also tech sector ETFs .. VGT, FTEC, etc..

el_presidenteplusone

SP500 didn't, tho a lot of others did. if i remember correctly the biggest that have sped up SpaceX inclusion are the Nasdaq-100 and the MSCI World. so as long as you're just a SP500 person you're fine but there's a significant portion of pension funds in the MSCI World for example

tnzgrf

I would put more down on the house and allocate the rest into MSCI world. Bonds will not give you better returns than the downpayment, paying off debt is 100% risk free.

Boring_Aardvark_9463

… it’s literally in the MSCI EM index…. China is also in that index…. Come on guys lol

liuqiu_rangers

Nah Samsung just has to prove their earnings are not as cyclical anymore to get rerated. Once Korea gets upgraded to a developed market by MSCI (which the Korean govt is trying to do) it'll stabilize

Scibidami

So when will my MSCI World ETF reach the AHT again? Soon?

greytoc

VT is not a UCITS and it may not be compliant in the UK. VT tracks the FTSE Global All Cap Index. If you want a fund that tracks that index - there are UCITS such as VWCE and VWRL. Note however that these funds are USD and not currency hedged. So if you care about currency fluctuations against pound sterling - you may have to use a different fund. There are also UCITS funds that track MSCI World Index which may fit your needs.

greytoc

VT is not a UCITS and may be considered non-compliant in the UK. What you are probably reading may not apply to you. Afaik - there are no UCITS funds that track the CRSP US Total Market index. Is there any particular reason why you want to track the CRSP US Total Market index? That index is not more diversified than the combination of WRDA and HEMC. VT is a US market only index fund. If you want a single equity fund that is globally diverse - look at UCITS funds that track the MSCI Global Market index. There are a bunch of them. Don't forget that you may want to use a currency hedged fund if you care about currency fluctuations against the pound sterling.

Sirsuckadick

MSCI. NASDAQ INC. People will always invest in etfs. En nasdaq wil profit from a 24/5 texas stock exchange in the future

darksideofmyown

Looking at MSCI EM IMI be like https://preview.redd.it/epxs0juxaagh1.jpeg?width=1080&format=pjpg&auto=webp&s=1ec5360dccc180301f9f839e3ae401be8fbcaa84

twittalessrudy

Obv your risk in the brokerage is going to be much higher than an index fund, but you’re intentionally seeking that risk bc you like these individual names. I had a v similar risk profile at your age, but I will say at age like 32, any new money going in was going to a mix of S&P 500, Russell 2000 and MSCI ACWI ex-US index funds to try to limit that risk. Totally personal preference I think. Everything else looks great!

pawnografik

You buy puts on the EWY etf. Which is the ishares MSCI Korea tracker.

Fauster

There were massive foreign outflows in Korea that I didn't initially understand, but Wall Street knew that the Korean government was going to go more nanny state on Korean markets. I think 2x and 3x funds are toxic, but I still want them so I don't have to worry about wide spreads after a flash crash. Algos drive most of the market, and to the Algos, MU, my favorite stock still, should move in tandem with Korean memory via many pairs trades frameworks. Every crisis is an opportunity though. Wall Street got out because of the Aug 5th cliff and new Korean market regulations to hamstring retail, in my opinion. It took me a week to figure out why big money fled Korea. None of this helps Korea get out of emerging market baskets and into MSCI, which is really what they need. They might go even less free market and crack down on shorting. Who knows. They still suffer from 1998 Asian Contagion shell shock currenty-protection and market protection policies. These are policies that sound good on paper, but I think they only make volatility worse. I will be following foreign inflows into Korea, when they happen. Hedge funds are usually a bit ahead of me, but they have SOTA research. There is always a chance that Wall Street will buy the news shortly before or shortly after the Aug. 5 leveraged fund cliff. Another concern, we have been talking about the top end of the K hanging in there and still buying, supporting the economy, while the bottom 80% has been reducing its spending. I think Asia and the Mid East have shown signs of top-end stress. Luxury purchases are way down in GCC countries, predictably, but also in Asia. We are draining our SPR at record rates, though from near-record levels. China has stopped buying oil at scale, they have the biggest SPRs by far. When the US drain the SPR stimulus goes away, that could be real trouble and a real liquidity crisis. We see blowouts in AI complex CDS spreads, but no broader debt contagion, but, in a liquidity crisis, fundamentals won't shield you from short term losses. Wall street is back into IGV, the funding source for semis, and bidding up healthcare and Oil and fertilizer stocks, a standard flight-to-safety book. But big picture, a lot of cash flow machines with ramping top and bottom lines and ramping margins (all of memory right now from HBM to hard drives). The ramp in memory names perfectly coincided with the ramp in use of agentic frameworks. Is the first order signal (Anthropic makes more money every quarter) going down? If no, every crisis is an opportunity if you can hold risk long enough.

IMAX_NASCAR

You are right! The government knew in advance, and both securities firms and banks received warning signals. The reason they cannot block short selling is that they are focused on the goal of "MSCI inclusion." There was a time when Wall Street strongly objected when they blocked short selling for six months. The government is aware of this, but they cannot ban short selling for the sake of MSCI inclusion, and soon, the "Wall Street assassin" short-selling investor Qadir will enter the Korean market.

IMAX_NASCAR

They intend not to ban short selling in order to be included in the MSCI zone. A petition for a "temporary" ban on short selling is currently underway due to a petition by some citizens, but it is unrealistic.

wclinch

I'm curious why EWY wasn't down more today vs MSCI Korea 25/50 Index

Holiday-Career-9349

I had enough to pay off my mortgage in one go or invest in an MSCI World fund (or something similar), but this gremlin on cocaine wanted a 911 GTS or Turbo on top of that, Damn, greed is stronger than reason.

IronyElSupremo

They may or may not. IBM was the top stock from 1967 to 1993 except for a few years. It’s still #24 in a tech sector index fund (MSCI index), but competition overtook it. At least it’s still in there fighting. Former retail giant Sears-Roebuck was the 700-lb gorilla in retail during the 1970s and 1980s (in fact decades before that) .. until it wasn’t due to competition and some ill-planned expansions. “Tech” will be a very important sector in the future (it heralds much of the future in fact) but success breeds competition. There’s also the threat of govt over-regulation (or just regulation).

longGERN

MSCI

IronyElSupremo

You probably need to look at “low carbon” ETFs. One simple way is bounce iShares ESG ETFs (they have various levels) with their own global low carbon ETF .. CRBN. It’s basically a screen of their ACWI (\~2100 top global stocks) against carbon output. There’s also Invesco’s low carbon ETF KLMT, though the Global 500 ACWI screen there is less serious (it has oil stocks). There’s also Invesco’s more stringent North America low carbon fund KLMN, then, iirc, State Street and Global X have developed IEFA and EM low carbon ETFs respectively. However State Street’s still has airlines. All use MSCI indexes iirc.

WickOfDeath

Each funds has a risk tolerance and a risk classification. Pension funds for example cant just invest into Scion, the Burry thing becuase he actively takes risky positions, often unhedged. If he performs well it's 40%, but "the big short" drained the funds by 23%, investors already demanded payouts. He denied, played his synthetic CDO to a point where the performance was +405% - but a one trick pony. Some investors avoid him from that time on, because he refused redemptions. Further some family wealth offices like to combine fixed income like US treasureies, SP500, and some trend or topic funds with this or that degree of management. Management comes with fees, and leaves room for errors. For example the MSCI world overlaps the SP500, but ETFs built on it are generally unmanaged (or has to be unmanaged). You have probably heard from ETF for non US buyers, with FX option hedged currency risk. Their TER grow so high that it literally obliterated the returns of the stocks in the ETF and the dividends. All of those ETfs are now dead. Same many funds which stick with a selction of stocks but dont trade the stocks, instead they do option strategies. e.g. the "Income shares" ETF, e.g. one just focussed on TSMC - as long the stock moves, the returns do outperform the SP500 by factor 2, but option strategies come with spreads and management fees. At the end this performed SP500 +5% YTD. But in my country I cant put this kind of ETF into my pension savings account... there only some defaults are accepted, e.g. DAX, MSCI world, FTSE100, Eurostoxx but the QQQ is not allowed - because being too volatile. But dont come up with genearlizations.

Gulliveig

>Lemonade, Coupang So... not putting that into an MSCI World or some such? Just asking, because... well, just asking, ok?

CharlesBeckford

1. ⁠Intelligence and labour as a resource. AI is the commoditisation of labour and intelligence itself. Previously we have had to pay a salary to a person for both and we have a limited pool of people that provide it. This turns both labour and intelligence which are significant economic variables into subscription based services that can be bought or sold as required - it is not dependent on a limited pool of capabilities, skill, expertise, or experience as with people. The global annual labour cost is $60trn and AI will not only take an increasing piece of this pie but also expand it as I mentioned with the ability to scale beyond what is physically available in human providers. 2. ⁠The rate of acceleration. The capability of AI models, use cases, hardware development and operation efficiencies leading to economic feasibility in marginal token cost decreases means not only that this is advancing at an absurd rate but that it will make it absurd to go back to doing it the old way when you can have a million strong digital labour force for the price of what was previously one salaried employee. You can see this in various figures not just the model benchmark improvements themselves but also the efficiency stats from new hardware developments which are both publicly and freely available. The number of job opportunities has decreased by 40% for entry level roles since 2022 which is when chat-gpt was released. 3. ⁠The rate of adoption. The majority of AI models are now touching 1 billion weekly active users, this is a phenomenal increase in a short space of time and if you compare it to the internet or smart phones it is the quickest adoption for a new technology in human history. This does mean that there are people being left behind who are not using or interacting with the technology in any meaningful way as others are using it constantly, or using it to its full potential and automating workflows or gaining access to skill sets that previously they would have to trained years for and expertise they would have to paid handsomely for. 4. ⁠The rate of earnings increase. The rate of adoption and earnings growth are the two components that caused the dot com crash as we can see the best companies of the last 20 years were the ones who dominated the internet it’s just it took time for the earnings and use cases to become socially integrated (think of people using Amazon, it didn’t happen over night). Samsung just had its Q2 revenue and in 3 months it made more profit than it had done in 40 years of business, its earnings increased 2000% which has never happened to a company that size which is highly indicative that something has changed not just for the general market but for that company and the demand for its products and services - memory has long been a cyclical industry but this shift suggests a structural paradigm shift. If you look at the P/E ratios of all the AI beneficiary companies they are trading at 10 year valuation lows due to how much the earnings has grown but the share price has remained the same - look at the P/E ratio for Google, Nvidia, Samsung, SK Hynix, Micron - they’re all the cheapest they’ve been in years and yet we’re talking about a bubble, it doesn’t take a CFA charterholder to tell you it can’t both be cheap and in a bubble. 5. ⁠Preoccupation with temporary macro-geopolitical events in the face of a multi-decade era transition. No one will be talking about the US Iran conflict in 10 years time in fact it is boring already, AI is the next Era and to not recognise the transition period we are in is a massive mistake. To use an old play-book when times are changing is a fatal error. 6. ⁠AI disruption. Many companies and industries have relied on being the only ones able to provide what they sell digitally - well that all changes with an agentic AI workforce that can build and code anything. Software itself becomes exposed as their business needs to compete with ever decreasing prices for ever increasing service levels and product services (Adobe, Salesforce, WPP, Chegg) and proprietary data or analytics that is at risk of being simulated in the abundance of availability it becomes worthless (Experian, Relx, Factset, MSCI) and the same for market aggregators (Auto trader, Bookings.com). 7. ⁠The psychological factor. Human’s are typically afraid of change as it means uncertainty and relearning what is safe or how to exist in a new environment. But There is no rule based on how much things can change at any one point in time and it is human nature to initially anchor yourself in the experience of your own life to base ideas of future potential out of comfort but that is pure fallacy. Just because it feels uncomfortable in the face of volatility or speed change reflected in share price movement or innovation or companies expenditure increasing it is all actually meaningless, a human feelings on the matter has no impact on what is possible or what is happening in front of them. The market doesn’t care if it feels uncomfortable or if you don’t understand it simply is what it is and you can either accept or be in denial. The truth always is revealed in time.

CharlesBeckford

1. Intelligence and labour as a resource. AI is the commoditisation of labour and intelligence itself. previously we have had to pay a salary to a person for both and we have a limited pool of people that provide it. This turns both labour and intelligence which are significant economic variables into subscription based services that can be bought or sold as required - it is not dependent on a limited pool of capabilities, skill, expertise, or experience as with people. The global annual labour cost is $60trn and AI will not only take an increasing piece of this pie but also expand it as I mentioned with the ability to scale beyond what is physically available in human providers. 2. The rate of acceleration. The capability of AI models, use cases, hardware development and operation efficiencies leading to economic feasibility in marginal token cost decreases means not only that this is advancing at an absurd rate but that it will make it absurd to go back to doing it the old way when you can have a million strong digital labour force for the price of what was previously one salaried employee. You can see this in various figures not just the model benchmark improvements themselves but also the efficiency stats from new hardware developments which are both publicly and freely available. The number of job opportunities has decreased by 40% for entry level roles since 2022 which is when chat-gpt was released. 3. The rate of adoption. The majority of AI models are now touching 1 billion weekly active users, this is a phenomenal increase in a short space of time and if you compare it to the interest or smart phones it is the quickest adoption for a new technology in human history. This does mean that there are people being left behind who are not using or interacting with the technology in any meaningful way as others are using it constantly, or using it to its full potential and automating workflows or gaining access to skill sets that previously they would have to trained years for and expertise they would have to paid handsomely for. 4. The rate of earnings increase. The rate of adoption and earnings growth are the two components that caused the dot com crash as we can see the best companies of the last 20 years were the ones who dominated the internet it’s just it took time for the earnings and use cases to become socially integrated (think of people using Amazon, it didn’t happen over night). Samsung just had its Q2 revenue and in 3 months it made more profit than it had done in 40 years of business, its earnings increased 2000% which has never happened to a company that size which is highly indicative that something has changed not just for the general market but for that company and the demand for its products and services - memory has long been a cyclical industry but this shift suggests a structural paradigm shift. If you look at the P/E ratios of all the AI beneficiary companies they are trading at 10 year valuation lows due to how much the earnings has grown but the share price has remained the same - look at the P/E ratio for Google, Nvidia, Samsung, SK Hynix, Micron - they’re all the cheapest they’ve been in years and yet we’re talking about a bubble, it doesn’t take a CFA charterholder to tell you it can’t both be cheap and in a bubble. 5. Preoccupation with temporary macro-geopolitical events in the face of a multi-decade era transition. No one will be talking about the US Iran conflict in 10 years time in fact it is boring already, AI is the next Era and to not recognise the transition period we are in is a massive mistake. To use an old play-book when times are changing is a fatal error. 6. AI disruption. Many companies and industries have relied on being the only ones able to provide what they sell digitally - well that all changes with an agentic AI workforce that can build and code anything. Software itself becomes exposed as their business needs to compete with ever decreasing prices for ever increasing service levels and product services (Adobe, Salesforce, WPP, Chegg) and proprietary data or analytics that is at risk of being simulated in the abundance of availability it becomes worthless (Experian, Relx, Factset, MSCI) and the same for market aggregators (Auto trader, Bookings.com). 7. The psychological factor. Human’s are typically afraid of change as it means uncertainty and relearning what is safe or how to exist in a new environment. But There is no rule based on how much things can change at any one point in time and it is human nature to initially anchor yourself in the experience of your own life to base ideas of future potential out of comfort but that is pure fallacy. Just because it feels uncomfortable in the face of volatility or speed change reflected in share price movement or innovation or companies expenditure increasing it is all actually meaningless, a human feelings on the matter has no impact on what is possible or what is happening in front of them. The market doesn’t care if it feels uncomfortable or if you don’t understand it simply is what it is and you can either accept or be in denial. The truth always is revealed in time.

frankforceps

MSCI WORLD 21.0% BITCOIN 10.4% NVIDIA 7.9% GOOGLE 8.7% BROADCOM 11.6% YPF 3.1% iShares GOLD ETF 6.7% Bitcoin bought in 2017. Sold most of it to pay my house. Kept only 10% of my original investment.

Ok_Cry7572

Eligible to sell is not always will sell everything. Several companies also had huge unlocks before that dented price a bit, but didn't crush it, 1/3 or even 2/3. employees also don't panic-sell just because the button's unlocked since they got to consider taxes and other stuff. Also Nasdaq/MSCI inclusion will be buying during the same window, and shorts are already 1/3 of float. Could just as easily be small dip + chop instead of a crater big down

Important_Papaya_394

the timing of those leveraged ETFs launching right when vol goes crazy is way too suspicious for coincidence. not saying it's all manipulated but when you see circuit breakers triggering like clockwork around 2am the whole thing starts looking like a rigged game i been watching korean markets for while and the MSCI accessibility problem is real, nobody want to fix it because big players make money of this chaos. your post connects dots that usually stay in separate conversations

Gulliveig

Uff, that's much text. Anyway, ETFs are among my best running positions. Just recently had to rebalance them to rake in some profits. Here's the positions: [https://www.reddit.com/r/ETFs/comments/1ulki3x/rebalanced\_several\_londonbased\_etfs\_in\_my/](https://www.reddit.com/r/ETFs/comments/1ulki3x/rebalanced_several_londonbased_etfs_in_my/) My largest is the MSCI World, which I do not intend to rebalance, just feeding it.

SmokingLimone

You don't have to buy stocks directly, you can buy ETF which acts similarly to property, it is a very safe investment if you look it up. MSCI for example doubled in price in 3 years

Shadow_hive

Thats why you never go all in, regard. Just put your savings money into an MSCI world from now on and youll be back in 5-10 years

BackstrokingInDebt

The market is the abstract idea of a basket (owning everything possible) so you are only exposed to the risk of the market itself and not any single stock. Of course that’s impossible so the default proxy is just SP500. It’s measuring this question “instead of this manager you could have bought SP500”. Then there are more layers to it because it is specifically asking “what else could you have invested with the similar risk profile”. If you’re looking at a bond fund then the default SP500 is not the appropriate comparison. Risk adjusted is the gold standard however you need to have a way to measure the risk and figure out if both invest have the same underlying risk profile. Don’t over think and just go with SP500 for stocks and AGG for bonds. This risk question is why my company pays MSCI 2M per year for their benchmark data. Also why we are paying phds to developers mathematic models

BatteryAcid420_

I can extrapolate an investment from this but until you show me other indicators matching OPs BS thesis it will already be priced in. The MSCI world momentum index has a standard deviation of 15%, so if the underlying basket of this Goldman funds is similar then OPs conclusion doesn‘t seem conclusive. US large caps had 5 bln $ inflows just yesterday. Where is that supposed historic sell off I‘m looking for? Yet to come? Hmmm

Halbaras

The Nasdaq 100 and FTSE World/FTSE All-World because they both made abusive rule changes to benefit SpaceX. MSCI world also has SpaceX in it already, though this was in accordance with their existing rules.

RandomWalker0110

Managed funds have a particular benchmark index for comparison (e.g. SP500 or MSCI ACWI). They usually compare not just yield, but also volatility.

STEFANOITALY84

Cosa mi consigliate di investire in trade republic? Vorrei iniziare così ETF MSCI WORLD acc 50 euro ETF MSCI EM IMI acc 10 euro BITCOIN 30 euro SOLANA STAKING 10 euro mese 15 euro che recupero con save back ancora non so dove inserirli Avete consigli per me? Sono tutti investimenti mensili senza commissione

STEFANOITALY84

Cosa mi consigliate di investire in trade republic? Vorrei iniziare così ETF MSCI WORLD acc 50 euro ETF MSCI EM IMI acc 10 euro BITCOIN 30 euro SOLANA STAKING 10 euro mese 15 euro che recupero con save back ancora non so dove inserirli Avete consigli per me? Sono tutti investimenti mensili senza commissione

STEFANOITALY84

Cosa mi consigliate di investire in trade republic? Vorrei iniziare così ETF MSCI WORLD acc 50 euro ETF MSCI EM IMI acc 10 euro BITCOIN 30 euro SOLANA STAKING 10 euro mese 15 euro che recupero con save back ancora non so dove inserirli Avete consigli per me? Sono tutti investimenti mensili senza commissione