In order to do put some home-bias in my portfolio, I had started buying CHDVD. The reasoning behind that is that as I already own the big swiss companies in VWRL I wanted an ETF allowing me to cover other stocks.
At the same time I don’t feel too comfortable with regards to SMIM both for the higher TER and volatility. I’m not sure it makes sense to have >10% of my portfolio in Mid-Cap Swiss companies.
I then realized that of course having dividend oriented ETFs is tax inefficient so I began reconsidering my decision. Looking for the most liquid, lowest TER, diversified ETFs basically left me with CHSPI. Now, I know it still contains the big companies, but it is (?) better diversified than SLI.
I was ready to move my allocation to CHSPI when I realized, looking at the performance charts on JustETF that - if we exclude dividends - CHDVD and CHSPI have basically the same performance.
Am I missing something here? If this is true it would just make sense to keep CHDVD and pay taxes on higher dividends that I wouldn’t get with CHSPI, right?
I would obviously appreciate any other ETF/general suggestion that I didn’t take into account for my home bias (and I know I should include my 3a pillar in it but it’s not enough right now).