0.00Open0.00Pre Close0 Volume0 Open Interest425.00Strike Price0.00Turnover110.20%IV-21.69%PremiumNov 22, 2024Expiry Date117.70Intrinsic Value100Multiplier2DDays to Expiry0.00Extrinsic Value100Contract SizeAmericanOptions Type0.9960Delta0.0002Gamma4.60Leverage Ratio-0.1115Theta0.0308Rho4.58Eff Leverage0.0055Vega
Falie : I’m a diehard VOO fan….im young and might start doing spxl going forward in my taxable because I want to experience more volatility in exchange for maybe higher gains. Or implosion. Retirement I sit happily on VOO and bury my head in the sand. In my surplus investing I do some degen stuff just to get it out of my system.
Viviye : You could do SPLG.
It tracks the S&P 500 index. Lowest expense ratio I’ve seen on an etf. Can’t beat 500 different stocks in 1 stock if that makes sense and if you just reinvest the dividend and have a long time horizon, you’ll be golden.
Split SPLG & SPGM, 50% bonus exposure to the top companies + 20% developed markets overseas.
Devip : You must keep in mind that most of this ETFs have very identical holdings.
Between VOO and QQQ is 45% overlap and between VOO and VTI there is 87% overlaps. So what you do basically is investing in the same thing in 3 different ETF. In this way you decrease your investment volumen and that will significantly decrease your returns
Haiwe Devip : Thanks for this, and I agree. While there is a lot of overlap, it also is spread across many very good companies and sectors. Definitely not globally diversified and all in US equities.
With that said, any suggestions on how to diversify better, either in the US or international?
One of the reasons I’ve been hesitant to switch up a strategy like this up is that nothing I could find has performed as well as the S&P 500 and the Nasdaq over at least the last decade. Thats a really like time to lose on gains if someone were to be more diversified.
Being Canadian, I also have a portion of my portfolio in Canadian ETFs, some of which also have international exposure. Again, they have lagged the US by a long shot for quite some time.