Hi!
I’ve been investing for almost a year now in SPPW and 5MVL.
Now I’m thinking about switching to WEBN, and I’ve done a bit of research to see to what extent it overlaps with SPPW + 5MVL.
My question would be: if I were to switch to WEBN, taking into account the degree of overlap, would you say it makes sense to completely replace SPPW + 5MVL, or to replace only SPPW and continue investing in WEBN + 5MVL, but with a smaller weight in 5MVL than it currently has in my portfolio?
I’m asking because it seems to me that, even though WEBN is an ETF that is also oriented toward EM, its performance last year was only slightly better than that of SPPW, which would suggest that emerging markets have a relatively small weight in WEBN (considering how well EM performed last year).
Thank you!