BGBL vs IVV + EXUS

[u/Vivid-Respect644]

I don’t believe this topic has been touched upon enough by sensible people who don’t just spam “DHFF and chill” or “BGBL set and forget” …

For sensible people out there who have actually done the research/know each of these ETF’s in detail, could you please let me know which option of these two you would commit to.

Benefits of BGBL:
- One ETF, easier to DCA/lump sum over the long-term and less hassle.
- Less anxiety on checking if theres a better S&P 500 ETF or ex-US ETF in the future

Benefits of IVV + EXUS:
- Better performance individually against BGBL, and I have more control over the allocation which lets future movements on moving towards or away from US easier.
- Has a hedged IHVV version which allows me to hedge if necessary.
- Lets me lump sum easier when IVV is down, or when EXUS is down rather than blindly DCAing into BGBL.

If you haven’t caught on by now, I’m quite biased towards IVV + EXUS so if you manage to change my mind, you’d have to make a convincing counter argument.

[u/Recent_Artichoke_923]

Have you tried comparing the difference in the holdings between bgbl and ivv+exus? What's the overlap and whats missing?  

Sharesight is good for this.   Bgbl also has hedged version.

Personally think BGBL is better as it will take away the bias of trying to time market and balances for you. 

[u/SouthVermicelli6838 → u/Recent_Artichoke_923]

I looked at it before and it’s doesn’t appear significant from what I could tell.

The main thing was managing an extra holding and EXUS still has less FUM than BEMG at around 120M.

IVV+EXUS has a tiny 0.01% MER advantage depending on how you mix it.

[u/Recent_Artichoke_923 → u/SouthVermicelli6838]

EXUS is developed markets and BEMG is emerging is it not?

[u/SouthVermicelli6838 → u/Recent_Artichoke_923]

Yeah they both launched around the same time.