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Except that DAX and EuroStoxx 600 are so correlated that it doesn't quite matter. People buy local indices because the are easier to grasp and reported on in t
by oezi 5y ago
Except that DAX and EuroStoxx 600 are so correlated that it doesn't quite matter.
People buy local indices because the are easier to grasp and reported on in the news daily. Other national indices rarely are.
Diversification via stock ETFs is just 5 buckets: World, US, US Tech, emerging markets, Europe.
- allendoerfer 5y ago> Except that DAX and EuroStoxx 600 are so correlated that it doesn't quite matter. That is actually an argument for the bigger index, not the smaller.