11.00Open11.00Pre Close0 Volume10 Open Interest530.00Strike Price0.00Turnover26.29%IV-0.31%PremiumNov 22, 2024Expiry Date12.70Intrinsic Value100Multiplier2DDays to Expiry0.00Extrinsic Value100Contract SizeAmericanOptions Type0.8675Delta0.0182Gamma39.76Leverage Ratio-0.5396Theta0.0312Rho34.49Eff Leverage0.0960Vega
0livia : VGT/SCHD $Vanguard Information Technology ETF (VGT.US)$ $Schwab US Dividend Equity ETF (SCHD.US)$ combo are great idea, although they cancel each other to some extent - VOO $Vanguard S&P 500 ETF (VOO.US)$ is a blend of Large cap growth and Large cap value, and these two track these two benchmarks with a small tracking error. Voo alone would do a similar thing.
If your goal is to beat the market you should be less diversified, not more. You have to make some bets, and hard decisions, like SCHD or VGT. Otherwise, you will be close to the market average with this combo, which you can achieve with a simpler portfolio.
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 $S&P 500 Index (.SPX.US)$ and the Nasdaq $Nasdaq Composite Index (.IXIC.US)$ 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.
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.
$Vanguard S&P 500 ETF (VOO.US)$ $ProShares UltraPro QQQ ETF (TQQQ.US)$ $Vanguard Total Stock Market ETF (VTI.US)$ $Invesco QQQ Trust (QQQ.US)$
Viviye : You could do SPLG. $SPDR Portfolio S&P 500 ETF (SPLG.US)$
It tracks the S&P 500 index. $S&P 500 Index (.SPX.US)$ 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 $Spdr Portfolio Msci Global Stock Market Etf (SPGM.US)$ , 50% bonus exposure to the top companies + 20% developed markets overseas.
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.
$Vanguard S&P 500 ETF (VOO.US)$
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