Currently invested in a mix of VTI+VEA+VWO in my passive portfolio.
VEA dragged down portfolio performance a lot last couple of years. It’s understandable - Europe’s in economic stagnation if not even borderline recession. Looking at fundamentals, VEA compares rather poorly to VWO right now on everything - P/E, ROE, earnings growth, all look bad at least according to Vanguard:
Thinking of ditching it in favor of VWO, or maybe some kind of VWO ex financials ETF. Thoughts? And how are you allocating money between US, developed and emerging markets?