What’s the benefit of hedging?
Most people will ride out the losses over time, and a reason to invest in ETFs like VWRL/P is to sit on it for long term investments, where people won’t be concerned about the immediate short term losses.
I think hedging has more value over in bonds rather than stuff like VWRL/P etc.
Also, I think most people passive investing won’t really know about hedging, or won’t really need to know much about it. It is all about keeping it simple no?
Those are the reasons I think come into play.