Are there any negatives to hedging currency?

Stock Discussions
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So lets take EQQQ as an example. NASDAQ 100 in GBP.

So buying this in GBP saves on FX fees, right?

Well you can also buy EQGB which is the same instrument bar the fact it is hedged against currency risk.

My question is why would you not always buy EQGB over EQQQ…what is the downside of hedging the currency?

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I think this article sums it up well:

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Thanks for that. There’s a lot to digest but certainly brings up good arguments I wouldnt have thought about otherwise :+1:

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Lots of talk about USD weakness over the next 5 years.

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Minefield isnt it? :rofl:

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