What do you think about the new ETFs? 🇪🇺Interactive Brokers: angelo.fi/ibkr 🇪🇺Trade Republic: angelo.fi/traderepublic 👉Compare ETFs & Stocks: angelo.fi/analyze 📈Where I track my ETFs: angelo.fi/getquin 🇦🇹🇩🇪Germany & Austria: angelo.fi/etfs (I recommend using these for tax reasons if you're based in Austria or Germany!) 💰All my investments (incl. P2P lending): angelo.fi/tools 🎬ETF Investing playlist: th-cam.com/video/gWNJxQFN4Uo/w-d-xo.html ETFs mentioned (Acc = Accumulating, Dis = Distributing): Invesco FTSE All-World Acc. (FWRA/FWIA) Invesco FTSE All-World Dis. (FTWD) Vanguard FTSE All-World Acc. (VWCE) Vanguard FTSE All-World Dis. (VWRL/VGWL) SPDR MSCI ACWI IMI (SPYI)
Here's an explanation: th-cam.com/video/Cyzyj-K6U0k/w-d-xo.html About FWRA, I marked the one traded in euros in this video (at minute 5:30) so you know which exchange to pick when searching in IBKR :)
Very good video! I didn't think about the spread. Though that should get better in future. Also a very good find about the SPDR MSCI ACWI IMI which reduced its TER from 0.4% to 0.17% and is probably still the better alternative for now, as you say.
Thank you Simon! Yes, if I had to pick an alternative to VWCE, that would be the one. Really appreciate your input in the comments by the way, you're always open to helping others. 🙏
VWCE and chill for me too. For me it's important to have a decent size under management, that ensures good liquidity and low spreads as you pointed out. I'm also mid/long term bullish on Asia so I've started buying a little bit of CSEMAS/CEBL too (iShares MSCI EM Asia UCITS ETF USD (Acc)), which is also 0,20% TER. Greetings and thanks for the frequent videos!
Great video. Would love to see you do this comparison again once FWRG has been around for a year to see how much the spread has changed and whether its improved. 🙂
I don't think the TD metric really works - it's based on lending rates etc. which are kind of random (ETFs do securities lending) we also don't know if the optimized sampling will work for or against us. It worked for us in the last decade, because bigger companies grew faster than smaller ones.
Hi Angelo, great video as always! Thank you. I guess reviewing this video once Invesco ETF reaches a bigger size could be a good idea. As you I'll stick to Vanguard 😊
Because those same stocks are already included and make up a large percentage of my global ETF as it stands. I prefer a bit of Bitcoin for extra risk/potential return personally
So far I purchased mainly IWDA + some EMIM, and a little bit of SMH. I just closed my IWDA and EMIM positions, so I can move the money to the new TBSZ sub account (no taxes after 5 years for Hungarians only) on IBKR, and buy IWDA again. Not sure about EMIM though... I don't like how it performs, so I guess I will just IWDA and chill :) Aaand SMH.
I have a question. I think tracking difference of VWRL might be a bit misleading. I think benchmark assumes maximum witholding tax for dividends while VWRL enjoys Tax treaty benefits. So it seems that TD is a bit exaggerated due to Tax benefit which would also be enjoyed by FWRA or new WEBG (amundi)
Invesco just crossed 125mill in the fund, imo is a valid opportunity, ftse all world is not a common etf so imo it will be a good competitor to vanguard
Yes, Invesco's ETF is becoming a solid alternative! Now only the spread needs to come down to Vanguard's levels as well, due to comparatively much lower trading volume
I don’t get why buying an Accumulating ETF. When you get your dividends you can reinvest them when you want (I.e. when the market goes down). With the accumulating version they do that automatically for you, maybe when the market is green. Also, it’s not better in terms of taxation given you can receive your distributed dividends into a managed account (so pre-taxed, and you receive the net )
Sounds like a lot of extra work and decision making to me. On average the market is up more days than it is down, so statistically you're already at a disadvantage. Taxation wise what you're saying is not true for most European countries either.
Might not be necessary, depending on your living costs. For example in Austria (where we pay high taxes), my wife and I could each realize 11.693€/year in capital gains tax-free (based on current tax brackets) if we were to retire right now and not have regular income. Or 19.134€ each per year paying an average of 7,78% in taxes. That's compared to the usual 27,5% capital gains tax, but when your income is lower you can opt-in to have it calculated based on your tax bracket. Might be similar in other European countries.
Market timing doesn't work, not even for most professionals, there are studies on that. Most professional investors don't beat the market. "Time in the market beats timing the market" - as Angelo said, the market statistically goes up most of the days, so mathematically the best time to invest is always the earliest possible.
Hello, Angelo! Thanks for the video! I have a question. Have you ever consider to buy All World ETF without China (like IWDA + 84X0 for example)? I'm asking it because recently found out, that we don't own any shares in China actually (instead we own shares from Cayman Islands for example).
Sure I've thought about it, but VWCE still ends up being the simplest solution for me. Stock ownership in China is a bit complicated, but either way it's just 3% of the All-World index, so I don't think it's worth pondering over too much
That's only the fund currency, which doesn't matter since you can always buy it in euros directly using the best European brokers like IBKR, Trade Republic etc. (links in the description). That's what we do as well.
Great vid! I’m currently in VWRL and considering switching to Invesco. But curious how likely Vanguard would match this 0.15% fee. Did they guarantee it would lower at some point in the future?
Hello Angelo. A stitch in time saves nine? Indeed not! If you invest 150'000.- $ in Investo with a ter 0.15 you have saved 10'500.- $ TER as if you invest it in Vanguard with a ter of 0.22. After 10 year at 2033 the 10'500.- $ it could be 23'000.-$ (7% e.g. also All Country Worls ETF) & 10 years later in 2043 it is 46'000.-$. Think about it, please: My 2 cents. Best wishes from Switzerland. Christian
How can you say that though? We have no idea how good Invesco's new ETF is at tracking the index (after fees). I mentioned tracking difference in the video. So it's too early to know which one is "cheaper".
@@AngeloColomboFi invesco's fees should be smaller due to the fact they have not so much shares on the list. My 2 cents. Best wishes from Switzerland. Christian
Many thanks for your time explaining and the links tracking difference Very Helpful info! I was very close to changing to invesco and came across this vid? I have 3 ETF strategy Van S&p500 50% Van All World 30% All world aggregate Bond 20% Yes i know i'm heavily invested in USA (around 68%) with the state of the other markets i do not see anywhere safer to be honest. Do you dollar cost average your ETF Daily?
I'm very happy to hear it was helpful! No, daily would be nonsense and eat up too much in fees in my opinion. I usually have a fixed recurring investment at the start of each month on IB: th-cam.com/video/12g12UU8oPQ/w-d-xo.html and then I buy more shares when I have extra cash to invest (never for less than 1.000€ each time).
I note ón the factsheet of the VWCE that the Fund Currency is ÚS $ - do I have to purchase the Fund in $ ór can I purchase in Euro ? I use Interactive Brokers
It's the same as with the Vanguard ETFs, you can still buy them directly in euros on European exchanges! Starting at minute 5:29 you can see which option to pick in IBKR when searching for it to buy it in euro, for either the distributing or accumulating version :)
Very informative and helpful.. seeing your video i am able to open a account in flatex and started my monthly plan.. but is flatex is not that hood anymore should i take this one interactive broker and open account there.. ?
Flatex is still the best option in Austria, so you never have to deal with taxes yourself. And with saving plans you're saving on fees as well 👌 Since I have a European audience, I use brokers from all across Europe (so I can give useful recommendations and see what is happening), but this means I also need to spend way too much time on yearly tax returns for my ETFs. So I always recommend going with Flatex if you're based in Austria.
Hi Angelo, I have a question. If we buy ETFs or stocks which are in $ what is the best way? Is there a way to avoid paying comission for converting € to $?
Hi, I am new to this. I have one question about EFT Vanguard, it is in USD and I will invest in euros from Europe, is there any risk for currency fluctuations if the USD drops?
Buy the currency for the area you live. Do not buy the dollar you will also accrue a FX charge/fee when you sell unless you actually live in US. If you are in EU then buy the Euro version. If UK the £. Also if you do not "Dollar cost average" you may wish to consider it (work out how much you wish to invest per year, divide it by 365 and then invest that amount daily. You will then capture any market crashes and dips.) This will ensure you gain shares at reduced rates on the dip. DO NOT just place a large amount into fund at the start of the year. You will miss out on opportunity and create Threat and RISK to your pot). I made this mistake and had to rectify it. My opinion Dollar cost averaging is the 2nd most important aspect to long term investing after fees (Angelo explained the need to look at fees is important)
For me the best is VWRL, I prefer the distributing version of the Vanguard All World, I don't care the "tax efficient " hype, and 0.22 fees are just low enough.
Dear Angelo, thank you for your work and helping others who are interested in investing in ETF-s. I have one doubt, I would like to invest in acc ETF which tracks Nasdaq. I noticed that TER is cheapest for ANAU. The issuer is AXA IM. Have you heard of them or maybe invested in their products before? What do you generally think is it risky to go with them? I think overall all these ETF-s are quite regulated via UCITS and investors are protected but in the end... Kind regrads, Hrvoje
Thank you! Never heard of them, I would pick another physical accumulating fund from the better known providers personally: www.justetf.com/en/find-etf.html?groupField=none&index=Nasdaq%2B100%25C2%25AE&sortField=ter&sortOrder=asc&replicationType=replicationType-full&tab=overview&distributionPolicy=distributionPolicy-accumulating I'm sure they'll reduce their fees further over time as well.
Angelo if you can make a video about buying german and other european bonds with interactive brokers. With expiration date lower than a year if possible. I find them really confusing. I think I just can not buy some of them like they are not for sale. Great video as always. How is your baby ? Spyros
Vwce and Vusa and 2 individual stocks (got caught in the hype) is the shares and etf drugs I am on 😅 I'll increase Vwce and change Vusa ( S & P 500 Distributing) for Voo (S & P..Accumulating) Only 3 months doing this, do you think it's good strategy? Middle aged and thinking about retirement more and more.. (descriptions above in brackets are for newer to this readers) Great content by the way
Hello brother, please could you help me? I’m currently invest £200 a month into Invesco FTSE All World and the Invesco S&P 500 (Dist) which seems to be an EU based fund, it is a much lower share price than the (Acc) fund which is in GBP. I’m getting the shares cheaper as I am paying GBP and converting to Euros. Does this sound like a good idea long term?
Hi Angelo, since I reside in belgium and use Bolero, invesco seems to be a better choice than vanguard for the FTSE etf from the Tax ( stamp duty) point of view. Is that right?
Compliments to reaching out to Vanguard! One topic I actually feel you ignore right now is that to hand over your stock voting rights when investing in an ETF while a large funds aggregate these rights and may not vote in the way investors want. I would like to see more coverage and scrutiny on ETF funds on this. I read and watched a lot about leftist and woke-ish tendencies when voting, but I cannot confirm this myself at the moment.
Hi Angelo, Excilent content as usual. Do you think staying with Flatex is worth it because of its simple taxation process in Austria, or is it also easy to do it yourself with other brokers, such as you showed in this video?
Thank you! Yes, it's definitely worth it if you're based in Austria, otherwise dealing with taxes is a pain in the ass. I would just stick to investing via savings plans (Sparplan), since there you're only paying a max. of 1,5€ in fees each time on Flatex. They even added Invesco's ETFs already: angelo.fi/flatex My setup is not the best example for Austrians, since I'm trying to make my content relevant for investors from all across Europe (only 2% watching are in AT).
EXUS (MSCI World ex USA) could be an interesting addition! That way you have full control over how much is invested in US stocks vs. other developed markets.
It's such a niche topic sadly, that it would be irrelevant for 99% of the people watching :/ But send me an email, maybe I can answer a short question or two or point you in the right direction (keeping in mind I'm not a tax advisor): p2pinvesting.eu/contact
Yes, both on Interactive Brokers and Trade Republic you can buy fractional shares directly (links in description). On Scalable you only get fractional shares via recurring investments (saving plans), otherwise you can only buy full shares directly
Portfolio Performance would be an app where you could combine everything, just requires manual work: portfolio-performance.info/en Meanwhile for stocks/ETFs: angelo.fi/getquin
Do you have any videos describing how your investments are split as percentages? I.e. do you have x amount in property, metals, bonds too or are you overwhelmingly in the etf?
Here's how I'm investing this year for example: th-cam.com/video/wLrPqKKoh-s/w-d-xo.html And yes, the majority (>60%) is in ETFs, followed by 10-15% P2P and 10% Crypto (Bitcoin + ETH) as a speculative bet :) Rest is in cash at the moment
Hi Angelo. Love to see your videos. I'm a vwce fan too. But I have a question: the Invesco ETF only has 798 holdings, and the vwce 3676 (consulting justetf). For me it's another con. Maybe with a better fund size in the future, wouldn't be the V3AA ETF a better option (about the same cost per share as the Invesco)?
Happy to hear that! Yeah that's true, the Vanguard ETFs physically hold a lot more of the stocks within the index. If only it wasn't ESG-filtered, then that ETF could be quite interesting indeed.
@@AngeloColomboFi I totally agree with you. Now with almost all brokers providing fractional shares, the FWRA and V3AA have more cons than pros to the VWCE. Meaning that the cheaper share cost is not enough reason to change
why TER spdr is 0,17 compared to 0,22? Vanguard samples with over 3600 shares, spdr only with 1900 shares (cheaper to manage, but more risk -> tracking difference might be higher)--> just stay with vanguard on the long run
Would you mind sharing why you've moved away from Degiro? in your latest video about the best brokers for Europeans, you had Degiro as your 2nd favorite. Seems like you're moving completely away now. I have found Degiro charge a significant amount when transferring to another broker. Thanks for all the vids, keep em coming!!
I don't like their share lending policy and how they handled the new KID rules, screwing over a large portion of Europeans this year. You probably saw an older video (my comparison with IBKR from 8 months ago perhaps?), this is my most recent broker comparison: th-cam.com/video/4B05bx3pHT8/w-d-xo.html There I mention a few others I like better than Degiro and why. Meanwhile, Trade Republic is my current number 2: th-cam.com/video/pGKjSzg-uoY/w-d-xo.html
@@AngeloColomboFi thanks Angelo. Whenever you decide to transfer your position out of Degiro to another broker, I'd be very interested in watching how you'd go about that and your to hear your thoughts about it. Thanks!
VWRA = VWCE, just a different ticker for different exchanges or trading currencies. I think VWRA is traded in USD, while you can buy VWCE directly in EUR.
I'll just give you JustETF's explanation due to limited time right now :) "If the selection is made up using quantitative models, one speaks of optimized sampling. This method of approximation also tries to select only a few securities that have the greatest influence on the index performance. A sampling ETF also invests directly into the selected securities. The advantage of both sampling methods compared to full replication is, that the trading and management costs can be significantly reduced, especially for indices with many securities. One possible drawback is that a deviation between index and ETF performance may be more volatile, especially the more aggressively the underlying portfolio is optimized. Two key figures to measure the tracking quality are tracking error and tracking difference." www.justetf.com/en/academy/physical-replication-of-etfs.html
Fantastic video Angelo as always. I have a question. If you wanted to change your investment from 1 ETF to another what is the process? Do you have to withdraw before reinvesting and what are the tax implications? I was actually thinking of this question before this video for when you changed your strategy from the Dividend Paying to the Accumulative Vanguard ETF. Keep up the great work!
Thank you Dave! If it's an ETF that's in profit and still in line with your general investment strategy (eg. MSCI World, FTSE All-World etc.) I would honestly just keep the shares and simply invest fresh funds into the new ETF you want. That way you avoid having to fully tax your profits on your existing ETF already. I did the same by keeping my xTrackers MSCI World Dis. and Vanguard FTSE All-World Dis. shares.
Not a fan of ESG filtered ETFs, I don't like arbitrary exclusions of stocks, I want to buy the entire market. There's a reason why these aren't popular (at all) in the US.
I like that one even more than the MSCI World as it includes a few extra countries (eg. South Korea and Poland if I'm not mistaken). It's a great choice for developed markets in my opinion!
@@AngeloColomboFi I am trying not to spam too much.. Have you came across priw? I originally did not like it because scared of the 3% one off fee, but I think you will find out that this applies only in specific circumstances and apart from that is cheaper than vanguard one and still cover similar countries (including Poland!)
@@dejviddejvich573 not sure what you mean. Do you mean if the 5€ Invesco ETF can reach 100€? If so, I wish 😂 that would mean the market has grown immensely and both Angelo and myself (and many others in this channel) are rich
Based on a historical return of 7% p.a. on average it could take about 41 years for the market to 20x. I'm definitely planning on sticking around for that long ;)
Hi Angelo! Congrats for your channel. I like your aproach to the subjects. Calm and professional. 😀I have a doubt about the ETF you invest: Is in USD right? If you withdraw the funds, won't you have to pay a currency conversion fee?. Thanks
Thank you! No, the ETF I buy (VWCE) can be directly traded in euros, so the underlying fund currency being USD (which is irrelevant anyway) is not an issue.
Yes, after finding an ETF you can click on "stock exchange" and then see where it is traded directly in EUR and with which ticker: www.justetf.com/en/etf-profile.html?isin=IE00BK5BQT80&from=search#stock-exchange (here's VWCE for example)
@@AngeloColomboFi I think its a bad idea to base a portfolio on small ETFs (which carry a relative big risk of merging with others). My minimum to consider a ETF is $100M.
1:50 I don't like China risk & I prefer not to invest in a country currently violating human rights because of their uyghurs camps. That's why I like Strive Asset Management's products, although they unfortunately are now only available outside EU.
I don't understand this enthusiasm about those All-World funds. The idea that you can get good long-term returns and that your money is safe, has been proven to be true only for investments in the US economy and for indexes such as the S&P 500. So far, only the US economy has been stable enough for a longer period of time and has allowed investors to preserve their capital for a long period and to enjoy the benefits of compounding returns. Assuming this approach to investing will be working on All-World investments only because it is working on the US indexes, is really naive. And also probably wrong!
Global portfolios have performed very well over the long-run based on historical data. But you're free to go all-in on the US only if that's your jam!🙏
What do you think about the new ETFs?
🇪🇺Interactive Brokers: angelo.fi/ibkr
🇪🇺Trade Republic: angelo.fi/traderepublic
👉Compare ETFs & Stocks: angelo.fi/analyze
📈Where I track my ETFs: angelo.fi/getquin
🇦🇹🇩🇪Germany & Austria: angelo.fi/etfs (I recommend using these for tax reasons if you're based in Austria or Germany!)
💰All my investments (incl. P2P lending): angelo.fi/tools
🎬ETF Investing playlist: th-cam.com/video/gWNJxQFN4Uo/w-d-xo.html
ETFs mentioned (Acc = Accumulating, Dis = Distributing):
Invesco FTSE All-World Acc. (FWRA/FWIA)
Invesco FTSE All-World Dis. (FTWD)
Vanguard FTSE All-World Acc. (VWCE)
Vanguard FTSE All-World Dis. (VWRL/VGWL)
SPDR MSCI ACWI IMI (SPYI)
Maybe stupid question, but what is the differents in beetween Acc. and Dis? IBKR offers several of FWRA
Here's an explanation: th-cam.com/video/Cyzyj-K6U0k/w-d-xo.html
About FWRA, I marked the one traded in euros in this video (at minute 5:30) so you know which exchange to pick when searching in IBKR :)
@@AngeloColomboFi thank u Angelo, that is very useful for me
Invesco FTSE All World is above 100m AUM now......great product!
Very good video! I didn't think about the spread. Though that should get better in future.
Also a very good find about the SPDR MSCI ACWI IMI which reduced its TER from 0.4% to 0.17% and is probably still the better alternative for now, as you say.
Thank you Simon! Yes, if I had to pick an alternative to VWCE, that would be the one.
Really appreciate your input in the comments by the way, you're always open to helping others. 🙏
@@AngeloColomboFi what about for UK investors? Since I imagine the FX fee makes the IMID not worth it
In August 2023 (I think) it reduced further to 0.12% - so SPDR MSCI ACWI may be the lowest big name All World ETF now?
VWCE and chill for me too.
For me it's important to have a decent size under management, that ensures good liquidity and low spreads as you pointed out.
I'm also mid/long term bullish on Asia so I've started buying a little bit of CSEMAS/CEBL too (iShares MSCI EM Asia UCITS ETF USD (Acc)), which is also 0,20% TER.
Greetings and thanks for the frequent videos!
Cheers to that! 🥂
I'm also bullish about Asia, especially countries like India. My pleasure, I'm trying to get to one video/week more consistently
Great video. Would love to see you do this comparison again once FWRG has been around for a year to see how much the spread has changed and whether its improved. 🙂
I don't think the TD metric really works - it's based on lending rates etc. which are kind of random (ETFs do securities lending) we also don't know if the optimized sampling will work for or against us. It worked for us in the last decade, because bigger companies grew faster than smaller ones.
"MWRD and chill" (Amundi MSCI etc, etc...)? I'd like any comment/criticism: it's my go-to product and has a TER of 0.12%
Hi Angelo, great video as always! Thank you. I guess reviewing this video once Invesco ETF reaches a bigger size could be a good idea. As you I'll stick to Vanguard 😊
Thank you Miguel! Yes, perhaps already in a year or so we can compare the two again :)
Why you don't take a bit of risk by investing in a more performing (and risky ETF) like the NASDAQ 100 for let say 10/15 % of your portfolio ?
Because those same stocks are already included and make up a large percentage of my global ETF as it stands. I prefer a bit of Bitcoin for extra risk/potential return personally
Thanks for this video, was waiting for it! 😄
Happy to hear that!🙏
So far I purchased mainly IWDA + some EMIM, and a little bit of SMH. I just closed my IWDA and EMIM positions, so I can move the money to the new TBSZ sub account (no taxes after 5 years for Hungarians only) on IBKR, and buy IWDA again. Not sure about EMIM though... I don't like how it performs, so I guess I will just IWDA and chill :) Aaand SMH.
IWDA and chill sounds pretty good as well! Very nice that IB added the tax-free investment accounts for Hungarians!
Thanks for the detailed video Angelo !!! Keep up the excellent work !!!
My pleasure! 🙏
Perfekt. Alle wichtigen Infos + 1 gute Alternative😊 Kleine Ergänzung: der Invesco hat nur 1.802 Aktien, der Vanguard 3.686 😅
Werde eine 1 ETF Strategie mit Vanguard FTSE fahren. Denke damit mach ich nichts falsch.
Investing to Vanguard for retirement and investing to Invesco for buying a house seems a solid choice.
You mean in case Invesco's fund gets liquidated early, so that you have the cash sitting on your account? 😅
Yes 🤑
I have a question. I think tracking difference of VWRL might be a bit misleading. I think benchmark assumes maximum witholding tax for dividends while VWRL enjoys Tax treaty benefits. So it seems that TD is a bit exaggerated due to Tax benefit which would also be enjoyed by FWRA or new WEBG (amundi)
Invesco just crossed 125mill in the fund, imo is a valid opportunity, ftse all world is not a common etf so imo it will be a good competitor to vanguard
Yes, Invesco's ETF is becoming a solid alternative! Now only the spread needs to come down to Vanguard's levels as well, due to comparatively much lower trading volume
I don’t get why buying an Accumulating ETF.
When you get your dividends you can reinvest them when you want (I.e. when the market goes down).
With the accumulating version they do that automatically for you, maybe when the market is green.
Also, it’s not better in terms of taxation given you can receive your distributed dividends into a managed account (so pre-taxed, and you receive the net )
When I retire I'll make sure to move to Dubai or some place that doesn't tax capital gains before cashing my profits
Sounds like a lot of extra work and decision making to me. On average the market is up more days than it is down, so statistically you're already at a disadvantage. Taxation wise what you're saying is not true for most European countries either.
Might not be necessary, depending on your living costs. For example in Austria (where we pay high taxes), my wife and I could each realize 11.693€/year in capital gains tax-free (based on current tax brackets) if we were to retire right now and not have regular income. Or 19.134€ each per year paying an average of 7,78% in taxes. That's compared to the usual 27,5% capital gains tax, but when your income is lower you can opt-in to have it calculated based on your tax bracket. Might be similar in other European countries.
Thank you Angelo! Good insight
Market timing doesn't work, not even for most professionals, there are studies on that. Most professional investors don't beat the market. "Time in the market beats timing the market" - as Angelo said, the market statistically goes up most of the days, so mathematically the best time to invest is always the earliest possible.
AVGE is Avantis All Equity Markets ETF. Research and compare it to other All-World ETFs.
Been waiting for this video :))
Happy to hear that! :)
Is interactive broker a broker with which we can open what we call in french a "PEA" or "compte titres"?
I would love to hear more about ESG ETFs. To me it is a deal breaker that +11% of the Vanguard FTSE All-world ETF is fossil fuels investments.
I also have this concern. Not much point investing in a dead planet. An analysis of best sustainable ETFs would be great.
JGRE has outperformed both the vanguard and invesco funds recently and is ESG, maybe Angelo will do a video on it in the future?
What utter nonsense. More fossil fuel the better.
Thanks Angelo. Great video
Thank you Ivan!
Hello, Angelo! Thanks for the video! I have a question. Have you ever consider to buy All World ETF without China (like IWDA + 84X0 for example)? I'm asking it because recently found out, that we don't own any shares in China actually (instead we own shares from Cayman Islands for example).
Sure I've thought about it, but VWCE still ends up being the simplest solution for me. Stock ownership in China is a bit complicated, but either way it's just 3% of the All-World index, so I don't think it's worth pondering over too much
Hello Angelo, is VWCE in dollars? Can it be a problem for euro investors? Thanks for your video and channel!!
That's only the fund currency, which doesn't matter since you can always buy it in euros directly using the best European brokers like IBKR, Trade Republic etc. (links in the description). That's what we do as well.
Great vid! I’m currently in VWRL and considering switching to Invesco. But curious how likely Vanguard would match this 0.15% fee. Did they guarantee it would lower at some point in the future?
Hello Angelo.
A stitch in time saves nine?
Indeed not!
If you invest 150'000.- $ in Investo with a ter 0.15 you have saved 10'500.- $ TER as if you invest it in Vanguard with a ter of 0.22.
After 10 year at 2033 the 10'500.- $ it could be 23'000.-$ (7% e.g. also All Country Worls ETF) & 10 years later in 2043 it is 46'000.-$. Think about it, please:
My 2 cents.
Best wishes from Switzerland.
Christian
How can you say that though? We have no idea how good Invesco's new ETF is at tracking the index (after fees). I mentioned tracking difference in the video. So it's too early to know which one is "cheaper".
@@AngeloColomboFi invesco's fees should be smaller due to the fact they have not so much shares on the list.
My 2 cents.
Best wishes from Switzerland.
Christian
@@AngeloColomboFiYes but the spread can be negative as well as positive and it will likely even out in the long run
Great video! Hey, how about doing a video showing the process of switching brokerage account and transfering the shares?
Thank you! Good idea, I'm planning on moving some remaining shares from Degiro to IBKR anyway!
Many thanks for your time explaining and the links tracking difference Very Helpful info!
I was very close to changing to invesco and came across this vid?
I have 3 ETF strategy
Van S&p500 50%
Van All World 30%
All world aggregate Bond 20%
Yes i know i'm heavily invested in USA (around 68%) with the state of the other markets i do not see anywhere safer to be honest.
Do you dollar cost average your ETF Daily?
I'm very happy to hear it was helpful! No, daily would be nonsense and eat up too much in fees in my opinion. I usually have a fixed recurring investment at the start of each month on IB: th-cam.com/video/12g12UU8oPQ/w-d-xo.html and then I buy more shares when I have extra cash to invest (never for less than 1.000€ each time).
I note ón the factsheet of the VWCE that the Fund Currency is ÚS $ - do I have to purchase the Fund in $ ór can I purchase in Euro ? I use Interactive Brokers
It's the same as with the Vanguard ETFs, you can still buy them directly in euros on European exchanges! Starting at minute 5:29 you can see which option to pick in IBKR when searching for it to buy it in euro, for either the distributing or accumulating version :)
Thank you very much, Angelo!
You are very welcome Dimitar!
Very informative and helpful.. seeing your video i am able to open a account in flatex and started my monthly plan.. but is flatex is not that hood anymore should i take this one interactive broker and open account there.. ?
I am living in Vienna..
Flatex is still the best option in Austria, so you never have to deal with taxes yourself. And with saving plans you're saving on fees as well 👌
Since I have a European audience, I use brokers from all across Europe (so I can give useful recommendations and see what is happening), but this means I also need to spend way too much time on yearly tax returns for my ETFs. So I always recommend going with Flatex if you're based in Austria.
Hello Angelo, thanks for one more interesting video. What is your opinio about technology etfs?
My pleasure! Not for me, I don't like betting on specific sectors :)
Hi Angelo, I have a question. If we buy ETFs or stocks which are in $ what is the best way? Is there a way to avoid paying comission for converting € to $?
Interactive Brokers has the best exchange rate & commissions I've found as long as you convert >1000€ at a time: angelo.fi/ibkr
Great video as always! 👍
Thank you Malcolm! 🙏
To open an account with Interactive Brokers in Eurozone countries, it is only possible in Ireland or you can choose Hungary.
You can't choose, they will open it automatically at IBIE or IBCE depending on which country you're based in: angelo.fi/ibkr
Hi,
Thank you for your research. There is an all world ETF that includes small caps as well but I cannot remember the ticker. Any ideas..?
Cheers,
The SPDR MSCI ACWI IMI, ticker SPYI on IB: angelo.fi/ibkr
@@AngeloColomboFi that's great... thanks alot
Hi, I am new to this. I have one question about EFT Vanguard, it is in USD and I will invest in euros from Europe, is there any risk for currency fluctuations if the USD drops?
Buy the currency for the area you live. Do not buy the dollar you will also accrue a FX charge/fee when you sell unless you actually live in US. If you are in EU then buy the Euro version. If UK the £.
Also if you do not "Dollar cost average" you may wish to consider it (work out how much you wish to invest per year, divide it by 365 and then invest that amount daily. You will then capture any market crashes and dips.) This will ensure you gain shares at reduced rates on the dip. DO NOT just place a large amount into fund at the start of the year. You will miss out on opportunity and create Threat and RISK to your pot). I made this mistake and had to rectify it.
My opinion Dollar cost averaging is the 2nd most important aspect to long term investing after fees (Angelo explained the need to look at fees is important)
For me the best is VWRL, I prefer the distributing version of the Vanguard All World, I don't care the "tax efficient " hype, and 0.22 fees are just low enough.
What do you make of the Invesco FTSE all world now in Jan 2025? 😊
Dear Angelo, thank you for your work and helping others who are interested in investing in ETF-s.
I have one doubt, I would like to invest in acc ETF which tracks Nasdaq.
I noticed that TER is cheapest for ANAU.
The issuer is AXA IM.
Have you heard of them or maybe invested in their products before?
What do you generally think is it risky to go with them?
I think overall all these ETF-s are quite regulated via UCITS and investors are protected but in the end...
Kind regrads,
Hrvoje
Thank you! Never heard of them, I would pick another physical accumulating fund from the better known providers personally: www.justetf.com/en/find-etf.html?groupField=none&index=Nasdaq%2B100%25C2%25AE&sortField=ter&sortOrder=asc&replicationType=replicationType-full&tab=overview&distributionPolicy=distributionPolicy-accumulating
I'm sure they'll reduce their fees further over time as well.
Angelo if you can make a video about buying german and other european bonds with interactive brokers. With expiration date lower than a year if possible. I find them really confusing. I think I just can not buy some of them like they are not for sale.
Great video as always.
How is your baby ?
Spyros
Great video as usual! are you thinking to move into SPDR MSCI ACWI IMI (SPYI)?
Thank you! No, I still prefer my Vanguard ETF :) But I'd be perfectly happy with the SPDR MSCI ACWI IMI as a one-ETF solution
Vwce and Vusa and 2 individual stocks (got caught in the hype) is the shares and etf drugs I am on 😅
I'll increase Vwce and change Vusa ( S & P 500 Distributing) for Voo (S & P..Accumulating)
Only 3 months doing this, do you think it's good strategy?
Middle aged and thinking about retirement more and more..
(descriptions above in brackets are for newer to this readers)
Great content by the way
Thanks for sharing! Personally, I don't see much benefit in combining VWCE and the S&P 500, since VWCE is already 62% US stocks.
@@AngeloColomboFi Thank you 🙂
Hello brother, please could you help me? I’m currently invest £200 a month into Invesco FTSE All World and the Invesco S&P 500 (Dist) which seems to be an EU based fund, it is a much lower share price than the (Acc) fund which is in GBP. I’m getting the shares cheaper as I am paying GBP and converting to Euros. Does this sound like a good idea long term?
Hi Angelo, since I reside in belgium and use Bolero, invesco seems to be a better choice than vanguard for the FTSE etf from the Tax ( stamp duty) point of view. Is that right?
Hi Nadeem, I'm not sure what makes you think I'd be able to answer that for you (I'm based in Austria) 😅
Curvo have a good article on this on their TOB page, so if Invesco is not registered or compartmented in Belgium, stamp duty would be a lot less.
Compliments to reaching out to Vanguard!
One topic I actually feel you ignore right now is that to hand over your stock voting rights when investing in an ETF while a large funds aggregate these rights and may not vote in the way investors want. I would like to see more coverage and scrutiny on ETF funds on this. I read and watched a lot about leftist and woke-ish tendencies when voting, but I cannot confirm this myself at the moment.
What's the difference between FWRA/FWIA ?
Hi Angelo, Excilent content as usual.
Do you think staying with Flatex is worth it because of its simple taxation process in Austria, or is it also easy to do it yourself with other brokers, such as you showed in this video?
Thank you! Yes, it's definitely worth it if you're based in Austria, otherwise dealing with taxes is a pain in the ass. I would just stick to investing via savings plans (Sparplan), since there you're only paying a max. of 1,5€ in fees each time on Flatex. They even added Invesco's ETFs already: angelo.fi/flatex
My setup is not the best example for Austrians, since I'm trying to make my content relevant for investors from all across Europe (only 2% watching are in AT).
Now the fund size has reached £181.92M (30/4/24) what are people's general opinions on the Invesco now ?
I think it's a viable alternative now!
Can you suggest combining s&p500 / SXR8/ with other ETF?
EXUS (MSCI World ex USA) could be an interesting addition! That way you have full control over how much is invested in US stocks vs. other developed markets.
Can you please make a Video of how you do your taxes in Austria?
It's such a niche topic sadly, that it would be irrelevant for 99% of the people watching :/
But send me an email, maybe I can answer a short question or two or point you in the right direction (keeping in mind I'm not a tax advisor): p2pinvesting.eu/contact
Interesting video! Thanks!
My pleasure as always!
does Vanguard actually allow fractional shares on their ETFs? I noticed recently i wasn't able to buy fractional shares on Scalable Capital
Yes, both on Interactive Brokers and Trade Republic you can buy fractional shares directly (links in description). On Scalable you only get fractional shares via recurring investments (saving plans), otherwise you can only buy full shares directly
Thanks for the video! What tool do you use to monitor the spreads?
In the video I was just using the Gettex exchange: www.gettex.de/en/
Could you give the number of the ETF vanguard world accumulating, i dont find it on interactive broker.. tks
VWCE - it's in the video description as well :)
Excellent video! Is there any platform that you can suggest to keep track of all bank accounts, stocks, P2P lending, etc at one place?
Portfolio Performance would be an app where you could combine everything, just requires manual work: portfolio-performance.info/en
Meanwhile for stocks/ETFs: angelo.fi/getquin
Thank you Angelo!
Do you have any videos describing how your investments are split as percentages? I.e. do you have x amount in property, metals, bonds too or are you overwhelmingly in the etf?
By the way, thank you! You’ve set me on my journey in the past few months in an etf via trade republic ☺️
Here's how I'm investing this year for example: th-cam.com/video/wLrPqKKoh-s/w-d-xo.html
And yes, the majority (>60%) is in ETFs, followed by 10-15% P2P and 10% Crypto (Bitcoin + ETH) as a speculative bet :) Rest is in cash at the moment
Hi im 47 is 300 gbp uk worth investing for ten years any recommendations
yes
Hello Angelo ! I would like to buy this ETF from Invesco but impossible to find it in IBKR
You can find it via the ticker FWRA (Acc.) and FTWD (Dis.), which I had in the video description :)
Hi Angelo. Love to see your videos. I'm a vwce fan too. But I have a question: the Invesco ETF only has 798 holdings, and the vwce 3676 (consulting justetf). For me it's another con. Maybe with a better fund size in the future, wouldn't be the V3AA ETF a better option (about the same cost per share as the Invesco)?
Happy to hear that! Yeah that's true, the Vanguard ETFs physically hold a lot more of the stocks within the index.
If only it wasn't ESG-filtered, then that ETF could be quite interesting indeed.
@@AngeloColomboFi although it mentions ESG, it's only SRI filtered
SRI filters are still total nonsense (often based on opinions, differences depending on index providers...) in my opinion
@@AngeloColomboFi I totally agree with you. Now with almost all brokers providing fractional shares, the FWRA and V3AA have more cons than pros to the VWCE. Meaning that the cheaper share cost is not enough reason to change
why TER spdr is 0,17 compared to 0,22? Vanguard samples with over 3600 shares, spdr only with 1900 shares (cheaper to manage, but more risk -> tracking difference might be higher)--> just stay with vanguard on the long run
agreed, I guess Invesco’s plan is to increase to 3600 stocks once there is enough volume…
Would you mind sharing why you've moved away from Degiro? in your latest video about the best brokers for Europeans, you had Degiro as your 2nd favorite. Seems like you're moving completely away now. I have found Degiro charge a significant amount when transferring to another broker. Thanks for all the vids, keep em coming!!
I don't like their share lending policy and how they handled the new KID rules, screwing over a large portion of Europeans this year. You probably saw an older video (my comparison with IBKR from 8 months ago perhaps?), this is my most recent broker comparison: th-cam.com/video/4B05bx3pHT8/w-d-xo.html
There I mention a few others I like better than Degiro and why. Meanwhile, Trade Republic is my current number 2: th-cam.com/video/pGKjSzg-uoY/w-d-xo.html
@@AngeloColomboFi thanks Angelo. Whenever you decide to transfer your position out of Degiro to another broker, I'd be very interested in watching how you'd go about that and your to hear your thoughts about it. Thanks!
Sure! I'm planning to move some shares from Degiro to IB soon, I'll make sure to report on that!
i also wanted to ask your opinion about this new All-Word ETF :D
🙏
I still don’t see a better option than S&P 500… maybe when you approach the retirement age, move some capital to bonds.
If betting everything on the US is your personal preference then go for it!
I thought you were invested in VWRA.. what is the difference with your Vanguard all world?
VWRA = VWCE, just a different ticker for different exchanges or trading currencies. I think VWRA is traded in USD, while you can buy VWCE directly in EUR.
@@AngeloColomboFi ok, thanks for explaining that Angelo.
what the difference between sampling etf and full replication?
I'll just give you JustETF's explanation due to limited time right now :)
"If the selection is made up using quantitative models, one speaks of optimized sampling. This method of approximation also tries to select only a few securities that have the greatest influence on the index performance. A sampling ETF also invests directly into the selected securities.
The advantage of both sampling methods compared to full replication is, that the trading and management costs can be significantly reduced, especially for indices with many securities. One possible drawback is that a deviation between index and ETF performance may be more volatile, especially the more aggressively the underlying portfolio is optimized. Two key figures to measure the tracking quality are tracking error and tracking difference."
www.justetf.com/en/academy/physical-replication-of-etfs.html
SPDR MSCI ACWI etf is the best. TER is 0.12%
Yes, great option! I still prefer Invesco's ETF personally (and the FTSE All-World as an index), the 0.03% fee difference is minimal in this case.
Good day bro, what is the difference between the distribution and accumulation version of the vanguard FTSE world ETFS?
I explain the differences here: th-cam.com/video/Cyzyj-K6U0k/w-d-xo.html
Can I please ask why you trade in dollars even though you are in the euro zone?
I don't, that's simply the fund currency which is irrelevant. I always trade directly in euros on Interactive Brokers for example: angelo.fi/ibkr
@@AngeloColomboFithanks for your response!
Fantastic video Angelo as always. I have a question. If you wanted to change your investment from 1 ETF to another what is the process? Do you have to withdraw before reinvesting and what are the tax implications? I was actually thinking of this question before this video for when you changed your strategy from the Dividend Paying to the Accumulative Vanguard ETF. Keep up the great work!
Thank you Dave! If it's an ETF that's in profit and still in line with your general investment strategy (eg. MSCI World, FTSE All-World etc.) I would honestly just keep the shares and simply invest fresh funds into the new ETF you want. That way you avoid having to fully tax your profits on your existing ETF already. I did the same by keeping my xTrackers MSCI World Dis. and Vanguard FTSE All-World Dis. shares.
@@AngeloColomboFi Thanks for the prompt reply, that makes perfect sense.
@@AngeloColomboFiare not UCITCS etfs tax free in the eurozone?
Of course not, seems like that only happens in Greece 😅
@@orestisbellos3118 in france 30 % on gains :'(
V3AA cosa ne pensi?!?
Not a fan of ESG filtered ETFs, I don't like arbitrary exclusions of stocks, I want to buy the entire market. There's a reason why these aren't popular (at all) in the US.
What about swda..
It's a great ETF if you just want to invest into developed markets :)
th-cam.com/video/dFl7KMLlgOU/w-d-xo.html
@@AngeloColomboFiany taught on VEVE instead?
I like that one even more than the MSCI World as it includes a few extra countries (eg. South Korea and Poland if I'm not mistaken). It's a great choice for developed markets in my opinion!
@@AngeloColomboFi I am trying not to spam too much.. Have you came across priw? I originally did not like it because scared of the 3% one off fee, but I think you will find out that this applies only in specific circumstances and apart from that is cheaper than vanguard one and still cover similar countries (including Poland!)
VWRL all day
Cheers to that! 🥂
Agree
If they track the same index why is one etf share 5€ and another 100€?
You just buy "fewer" stocks with each etf share
@@whispie. Can that 5€ stock reach 100¢?
@@dejviddejvich573 not sure what you mean. Do you mean if the 5€ Invesco ETF can reach 100€? If so, I wish 😂 that would mean the market has grown immensely and both Angelo and myself (and many others in this channel) are rich
Based on a historical return of 7% p.a. on average it could take about 41 years for the market to 20x. I'm definitely planning on sticking around for that long ;)
@@whispie. So Invesco etf have more shares then VWCE, that i why are just 5€?
Unable to buy Vanguard in France
On Interactive Brokers?
Hi Angelo! Congrats for your channel. I like your aproach to the subjects. Calm and professional. 😀I have a doubt about the ETF you invest: Is in USD right? If you withdraw the funds, won't you have to pay a currency conversion fee?. Thanks
Thank you! No, the ETF I buy (VWCE) can be directly traded in euros, so the underlying fund currency being USD (which is irrelevant anyway) is not an issue.
Thanks. Só how in Justetf, i detect if an ETF is avaiable in EUR? The stock exchange where the ETF is issued? Thanks for the patience.
Yes, after finding an ETF you can click on "stock exchange" and then see where it is traded directly in EUR and with which ticker: www.justetf.com/en/etf-profile.html?isin=IE00BK5BQT80&from=search#stock-exchange (here's VWCE for example)
... And shared
VWCE VS VWRL
Only $6M on assets under management. Even that fees are a bit higher I'd still go with Vanguard.
Yeah, there's no downside in waiting a year to see where things stand
@@AngeloColomboFi I think its a bad idea to base a portfolio on small ETFs (which carry a relative big risk of merging with others).
My minimum to consider a ETF is $100M.
Information on justetf and extraetf are wrong or not up to date. The Invesco ftse all world etfs have about USD 14 mio AUM now.
Yeah, the numbers aren't updated as often. Good that it's growing (as expected), but it still remains tiny for now
@@AngeloColomboFiyes but it is very good that we've got another option.
Trying HRZN and SLG
But, you need bonds for stability so you can’t exactly chill with just VWCE..
We all need the tee shirt😂
Definitely 😅
1:50 I don't like China risk & I prefer not to invest in a country currently violating human rights because of their uyghurs camps. That's why I like Strive Asset Management's products, although they unfortunately are now only available outside EU.
Ratke Village
I don't understand this enthusiasm about those All-World funds. The idea that you can get good long-term returns and that your money is safe, has been proven to be true only for investments in the US economy and for indexes such as the S&P 500. So far, only the US economy has been stable enough for a longer period of time and has allowed investors to preserve their capital for a long period and to enjoy the benefits of compounding returns. Assuming this approach to investing will be working on All-World investments only because it is working on the US indexes, is really naive. And also probably wrong!
Global portfolios have performed very well over the long-run based on historical data. But you're free to go all-in on the US only if that's your jam!🙏
So a year has passed Angelo, how is the comparassion and your feedback towards the invesco FTSE All World?
Btw I love your videos 🤍
Thank you! I started buying it myself :)
th-cam.com/video/lwUoLSHchS0/w-d-xo.html