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Vanguard All-Equity ETF Portfolio (VEQT)
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iShares Core Equity ETF Portfolio (XEQT)
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Global X All-Equity Asset Allocation ETF (HEQT)
Q: Hi there,
Can I please get your opinion on HEQT. The asset allocation looks to be different from VEQT and XEQT with its NASDAQ exposure. Do you suspect that over a long period (ie: multiple decades), this will help this etf outperform? How would you rate it relative to VEQT and XEQT?
Thanks!
Can I please get your opinion on HEQT. The asset allocation looks to be different from VEQT and XEQT with its NASDAQ exposure. Do you suspect that over a long period (ie: multiple decades), this will help this etf outperform? How would you rate it relative to VEQT and XEQT?
Thanks!
5i Research Answer:
HEQT does appear to have a larger tilt toward US exposure, with roughly 65% of the ETF exposed to US markets compared to the others that are closer to a 45% allocation. This could help it outperform over time, but of course depends on whether US markets continue to outperform like they have in the past. The US exposure looks to be the main difference here. Otherwise, the three ETFs look comparable in terms of exposures, strategy and fees.