The mustacian post and many forum members recommend VT as the ETF to invest in due to its low cost and diversification. However, upon further research one begins to find counter arguments to it suggesting that it is basically very similar to an SP500 index fund with market capitalization weighted stocks making up a big chunk of its content. VT has around 9000 different stocks but it is concentrated around these typical top SP500 stocks.
Another counter argument is that everybody and his grandmother are investing in the same stocks due to this passive investing trend going on at the moment and that these stocks are overvalued.
Also, from what I understand, these heavy weighted market cap stocks are the most stable but also the least probable to yield higher returns in the future.
Is anybody moving away from VT for any of these reasons? Are there any other concepts/sources you followed to build your portfolio?
I’m a beginner looking to make sense of all this overwhelming information one finds on the internet. Any help would be appreciated.