# Is it worth to also diversify your assets by currency?

**URL:** https://forum.mustachianpost.com/t/is-it-worth-to-also-diversify-your-assets-by-currency/1550
**Category:** Investing / Portfolios
**Created:** [December 4, 2018, 2:52pm UTC](https://forum.mustachianpost.com/t/is-it-worth-to-also-diversify-your-assets-by-currency/1550 "2018-12-04T14:52:06Z")
**Posts on this page:** 1
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### Author: ![hedgehog](https://forum.mustachianpost.com/user_avatar/forum.mustachianpost.com/hedgehog/32/163_2.png) [@hedgehog](https://forum.mustachianpost.com/u/hedgehog)
#### Post date: [December 4, 2018, 10:41pm UTC](https://forum.mustachianpost.com/t/is-it-worth-to-also-diversify-your-assets-by-currency/1550/3 "2018-12-04T22:41:29Z")

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Currency of ETF doesn’t really matter (except for currency hedged indexes), what matters is the currency of underlying stocks. Actually even more important is currency of their revenues/earnings, as that’s what ultimately determines the stock price too. And too bad for you that the swiss economy is so small: biggest swiss company (Nestle) is not at all swiss when you look at its financials, only ~2% domestic sales so lets be honest SMI is a dollar index.

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