Post by chang on Feb 11, 2024 10:19:43 GMT
I bought DFIV last year, and just did a check vs the alternatives: FIVA, SCHY, AVIV, VIGI, VYMI. See below the chart for ~ 3 yrs (the inception date 9/30/21 was chosen to be the start date of the newest fund).
DFIV leads over this period, but over shorter periods the chart-lines fluctuate a lot, as you would expect from any group of similar funds.
The key factors I looked at were a) liquidity, b) expense ratio, c) Japan allocation, d) energy allocation, e) ETF structure, i.e., cap-weighted vs. "factor" [quant]. I actually like FIVA the best, but it's terribly illiquid. I cannot buy an ETF when my own holding exceeds the average daily volume. The first four are 'quant' ETFs in one way or another; the last two Vanguard ETFs are cap-weighted (a negative imo).
I think SCHY and DFIV are the best of the bunch. I might move back into SCHY, or I might edge into FIVA if I can get over the liquidity issue. In the long term, it probably doesn't matter much.
The reason for looking at FLV ETFs, of course, is because foreign divvy payers belong in taxable so that foreign taxes paid (shown on your 1099) can be claimed on your tax return, plus -- being in taxable -- I have to rule out active OEFs and look within tax-efficient ETFs. Hence, the six ETFs named.
(Click to enlarge.)
DFIV leads over this period, but over shorter periods the chart-lines fluctuate a lot, as you would expect from any group of similar funds.
The key factors I looked at were a) liquidity, b) expense ratio, c) Japan allocation, d) energy allocation, e) ETF structure, i.e., cap-weighted vs. "factor" [quant]. I actually like FIVA the best, but it's terribly illiquid. I cannot buy an ETF when my own holding exceeds the average daily volume. The first four are 'quant' ETFs in one way or another; the last two Vanguard ETFs are cap-weighted (a negative imo).
I think SCHY and DFIV are the best of the bunch. I might move back into SCHY, or I might edge into FIVA if I can get over the liquidity issue. In the long term, it probably doesn't matter much.
The reason for looking at FLV ETFs, of course, is because foreign divvy payers belong in taxable so that foreign taxes paid (shown on your 1099) can be claimed on your tax return, plus -- being in taxable -- I have to rule out active OEFs and look within tax-efficient ETFs. Hence, the six ETFs named.
(Click to enlarge.)
