Vanguard Developed World ETF (VEVE) - Share Chat

Yes but that 0.30% charge includes hedging so is offering a far superior ETF.

Yes, it’s not entirely like for like but all things considered I don’t understand VEVE’s omission. Suppose I can just stick with going to Vanguard directly. In which case nothing to see here.

I have seen arguments for and against on hedging ETFs. Out of interest what makes a hedging ETF far superior to you?

Please don’t consider my response a put down to your request. I think we should have this ETF and more (hence why I lent you my vote).

I just don’t believe the US economy is as healthy as people seem to think. I do not want my ETF (where the holdings are around 60% US stocks) to suffer both equity loses and FX loses during the next crisis. It will mean the recovery process will take even longer.

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@Freetrade_Team Could we please have VEVE added soon please. Please.

The blog was even updated to remove the phrase ‘stocks and ETFs’ so now it just reads ‘stocks’. I imagine there won’t be any significant movement on ETFs for awhile I’m afraid.

Correct, that was an oversight to mention ETFs in the blog post in the first place.

We’re focused on adding more US stocks immediately - and we can’t add US ETFs for regulatory reasons. After the first 250 US stocks are added, we’ll review the universe and prioritise the next improvement, using community votes / NPS / PMF / operational feasibility as the most important inputs.

We know VEVE is highly requested. We appreciate your patience.

@Viktor: Can we get VEVE this Thursday?

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Yes.

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Seeing as they had the same number of votes… any chance for EQGB as well?

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:partying_face: excellent thanks

This comes across as a really diversified ETF. 2,196 stocks for a 0.12% charge!

Markets:

Even the top holdings are quite a small % of the fund, due to so many stocks being tracked:

Anyone wants to share a downside, before I try to balance my risky stocks holdings with this ETF?

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@Freetrade_Team awesome that VEVE has been added but there is no mention of the word ‘Vanguard’ in the description so if someone searched ‘Vanguard’ this ETF is not returned as an available option.

EDIT: Actually this is the case with all of the recently added Vanguard ETFs.

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When I search “Vanguard” it is in the results

Thanks for this. It’s fixed now, and they should be all visible for the keyword in 30 minutes. :+1:

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I think most were fixed already then but VEVE still doesn’t show up when I search Vanguard, but then it hasn’t been 30 minutes yet so that’s not surprise.

That’s weird. I was looking for this last night and when I searched Vanguard it came up

Question

When paying into an All-World ETF like VEVE, your exposure is 5% to the UK. Is this the same as having 5% exposure to the FTSE 100 or are you missing out on the 4.5% dividend which the FTSE 100 pays.

If you are missing out on the 4.5% dividend, would it make sense to pay into the ‘ex UK’ version and separate into the FTSE 100 to get the 4.5% dividend?

Thank you in advance.

You’ll get the same dividends in either scenario (assuming you own the same amount of underlying FTSE 100 stocks). This will pay dividends on all the UK and non-UK stocks included.

Tangential point

That’s not to say it’s never worth owning 2 or more smaller ETFs rather than a larger one. One reason it can be worth holding several separate ETFs rather than 1 larger one is to reduce expenses.

For example a global index ETF might cost ~0.2-0.3% but some smaller ETFs can be cheaper (e.g. US might cost 0.07% and make up ~55% of the global index). You can then build up a global one from its underlying components (e.g. US + Dev Europe + Emerging + etc…) however it’s probably not worth the hassle to figure out the correct weightings for each.

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@freetrade The Stock Discussion button in the iOS app for this stock (VEVE) doesn’t link to this forum page (it just shows a 404 error).

Thanks @roygoode, we’ll look into this.

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