ex-US Stocks Continue to Soar!

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peskypesky
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Re: ex-US Stocks Continue to Soar!

Post by peskypesky »

JSPECO9 wrote: Thu Jan 13, 2022 10:19 am
peskypesky wrote: Wed Jan 12, 2022 2:10 pm
Apathizer wrote: Wed Jan 12, 2022 2:07 pm Today I'm really glad to have a globally diverse portfolio. :D
For the last 15 years, I've been glad not to. :)
Hey man, get out of our thread. Let us ex-US losers have our moment for once! :annoyed
:D :sharebeer
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peskypesky
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Re: ex-US Stocks Continue to Soar!

Post by peskypesky »

TheoLeo wrote: Thu Jan 13, 2022 3:49 pm Lets hope europe has a great year. On monday I changed my allocation from 60 % US/40 % Europe to 70 % european value stocks and 30 % cash. It is market timing and it might backfire.

What is interesting about the comparison of european vs US stocks is that growth stocks are even more expensive in Europe but value stocks are even cheaper in Europe than in the US. So I bought the cheapest of the cheap, the stocks that really nobody wants to touch. What can go wrong.
Why no Latin America?
TheoLeo
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Re: ex-US Stocks Continue to Soar!

Post by TheoLeo »

peskypesky wrote: Thu Jan 13, 2022 4:07 pm
TheoLeo wrote: Thu Jan 13, 2022 3:49 pm Lets hope europe has a great year. On monday I changed my allocation from 60 % US/40 % Europe to 70 % european value stocks and 30 % cash. It is market timing and it might backfire.

What is interesting about the comparison of european vs US stocks is that growth stocks are even more expensive in Europe but value stocks are even cheaper in Europe than in the US. So I bought the cheapest of the cheap, the stocks that really nobody wants to touch. What can go wrong.
Why no Latin America?
Home bias propably.
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peskypesky
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Re: ex-US Stocks Continue to Soar!

Post by peskypesky »

TheoLeo wrote: Thu Jan 13, 2022 4:38 pm
peskypesky wrote: Thu Jan 13, 2022 4:07 pm
TheoLeo wrote: Thu Jan 13, 2022 3:49 pm Lets hope europe has a great year. On monday I changed my allocation from 60 % US/40 % Europe to 70 % european value stocks and 30 % cash. It is market timing and it might backfire.

What is interesting about the comparison of european vs US stocks is that growth stocks are even more expensive in Europe but value stocks are even cheaper in Europe than in the US. So I bought the cheapest of the cheap, the stocks that really nobody wants to touch. What can go wrong.
Why no Latin America?
Home bias propably.
Aha. Didn't know you were in Europe.
bogledogle87
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Re: ex-US Stocks Continue to Soar!

Post by bogledogle87 »

Does it also count as “soaring” if ex-US is mostly flat while the US is down over 5% YTD? 8-)
VTWAX and chill
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oneleaf
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Re: ex-US Stocks Continue to Soar!

Post by oneleaf »

bogledogle87 wrote: Wed Jan 19, 2022 7:28 pm Does it also count as “soaring” if ex-US is mostly flat while the US is down over 5% YTD? 8-)
Yes it better count! I’ll take anything at this point…
Tamalak
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Re: ex-US Stocks Continue to Soar!

Post by Tamalak »

I think ex-US has either tied or beaten US every single day YTD :o
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fetch5482
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Re: ex-US Stocks Continue to Soar!

Post by fetch5482 »

Tamalak wrote: Thu Jan 20, 2022 8:33 am I think ex-US has either tied or beaten US every single day YTD :o
It's the only ETFs whose limit order have stayed unfilled yet. I need ex-US to drop ~2% for my limit orders to go through ;-)
My orders for VNQ, IJS, VTI have all been filled.
(AGE minus 23%) Bonds | 5% REITs | Balance 80% US (75/25 TSM/SCV) + 20% International (80/20 Developed/Emerging)
bogledogle87
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Re: ex-US Stocks Continue to Soar!

Post by bogledogle87 »

Whose bingo card had a 5% lead after 20 days in 2022?

It just shows how quickly things can turn. If you’re not already diversified, it could be pretty difficult to read signals like this on how to properly respond.

None of this will change my own allocation, but I find myself rooting for this just to read headlines, new posts, and commentary for entertainment purposes.
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Gufomel
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Re: ex-US Stocks Continue to Soar!

Post by Gufomel »

All those 100% US stock people won’t be so happy when they’re down 2% CAGR over the next decade while we ex-USers keep chugging along at 0%! 8-)
thenextguy
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Re: ex-US Stocks Continue to Soar!

Post by thenextguy »

Emerging markets are up YTD. Is it finally EM’s time to shine? They don’t seem like they can possibly get cheaper.
gtwhitegold
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Re: ex-US Stocks Continue to Soar!

Post by gtwhitegold »

thenextguy wrote: Thu Jan 20, 2022 8:53 pm Emerging markets are up YTD. Is it finally EM’s time to shine? They don’t seem like they can possibly get cheaper.
I'm underweight EM compared to my desired allocation due to the large percentage of my portfolio being in the Thrift Savings Plan I'm hoping that EM making a run of it will wait until after the TSP Mutual Fund Window is available. That way, I will be fully invested to my desired EM allocation.
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peskypesky
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Re: ex-US Stocks Continue to Soar!

Post by peskypesky »

Tamalak wrote: Thu Jan 20, 2022 8:33 am I think ex-US has either tied or beaten US every single day YTD :o
past performance is no guarantee of future results. :D
Tamalak
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Re: ex-US Stocks Continue to Soar!

Post by Tamalak »

The winning streak was nice while it lasted :(
Triple digit golfer
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Re: ex-US Stocks Continue to Soar!

Post by Triple digit golfer »

They're down 4% for the year and are also down over the last six months and one year. There's no soaring.

More like they're not sucking as bad as U.S. over the last three weeks.
thenextguy
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Re: ex-US Stocks Continue to Soar!

Post by thenextguy »

H-Town wrote: Mon Feb 01, 2021 10:02 am Emerging markets :wink:
:sharebeer
Nathan Drake
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Re: ex-US Stocks Continue to Soar!

Post by Nathan Drake »

thenextguy wrote: Thu Jan 20, 2022 8:53 pm Emerging markets are up YTD. Is it finally EM’s time to shine? They don’t seem like they can possibly get cheaper.
I have nearly 25% allocated to EM in total. So far this year it has been the best performer
20% VOO | 20% VXUS | 20% AVUV | 20% AVDV | 20% AVES
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Stef
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Re: ex-US Stocks Continue to Soar!

Post by Stef »

What a day.
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Scott S
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Re: ex-US Stocks Continue to Soar!

Post by Scott S »

Stef wrote: Wed Mar 09, 2022 11:34 amWhat a day.
We're soaring into last week's territory! :mrgreen:
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case_of_ennui
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Re: ex-US Stocks Continue to Soar!

Post by case_of_ennui »

Up almost 3% today! Alibaba alone is up 17% today as of now. Talk about volatility!
Robot Monster
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Re: ex-US Stocks Continue to Soar!

Post by Robot Monster »

case_of_ennui wrote: Wed Mar 16, 2022 8:59 am Up almost 3% today! Alibaba alone is up 17% today as of now. Talk about volatility!
China ETF MCHI is +13% at the moment. Krazy!
Apathizer
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Re: ex-US Stocks Continue to Soar!

Post by Apathizer »

The total EM market is up about 5% depending on the index. Hopefully the Russia sanctions will continue to benefit other EM countries.

This is why I continue global diversification. No matter how bad recent performance the world is unpredictable.
ROTH: 50% AVGE, 10% DFAX, 40% BNDW. Taxable: 50% BNDW, 40% AVGE, 10% DFAX.
Tamalak
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Re: ex-US Stocks Continue to Soar!

Post by Tamalak »

VXUS +4.33% today. Just eye popping!
colddeadfish
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Re: ex-US Stocks Continue to Soar!

Post by colddeadfish »

Tamalak wrote: Wed Mar 16, 2022 3:14 pm VXUS +4.33% today. Just eye popping!
Yes, I've noticed over the years that VXUS has really large moves (up and down) so its difficult to time. Better to be in or out of ex-US and leave it alone.
hoofaman
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Re: ex-US Stocks Continue to Soar!

Post by hoofaman »

KWEB (KraneShares CSI China Internet ETF) up 40% today :shock: , still down almost 20% from Feb though
Apathizer
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Re: ex-US Stocks Continue to Soar!

Post by Apathizer »

colddeadfish wrote: Wed Mar 16, 2022 3:22 pm
Tamalak wrote: Wed Mar 16, 2022 3:14 pm VXUS +4.33% today. Just eye popping!
Yes, I've noticed over the years that VXUS has really large moves (up and down) so its difficult to time. Better to be in or out of ex-US and leave it alone.
That's true with all markets. When retired I plan to maintain a 50% bonds/40% stocks/10% cash allocation. That's seems like a good all weather approach.
ROTH: 50% AVGE, 10% DFAX, 40% BNDW. Taxable: 50% BNDW, 40% AVGE, 10% DFAX.
bling
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Re: ex-US Stocks Continue to Soar!

Post by bling »

wow! emerging markets up 7.5% today!! what happened!??
Marseille07
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Re: ex-US Stocks Continue to Soar!

Post by Marseille07 »

bling wrote: Wed Mar 16, 2022 5:32 pm wow! emerging markets up 7.5% today!! what happened!??
The Moscow Exchange re-opened.

Just kidding.
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Doom&Gloom
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Re: ex-US Stocks Continue to Soar!

Post by Doom&Gloom »

Marseille07 wrote: Wed Mar 16, 2022 5:34 pm
bling wrote: Wed Mar 16, 2022 5:32 pm wow! emerging markets up 7.5% today!! what happened!??
The Moscow Exchange re-opened.

Just kidding.
I thought it might have announced a permanent closing :wink:
Apathizer
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Re: ex-US Stocks Continue to Soar!

Post by Apathizer »

bling wrote: Wed Mar 16, 2022 5:32 pm wow! emerging markets up 7.5% today!! what happened!??
Assets are moving into China and other EM countries which are expected to fill the void left by Russia. This could also apply to some developed ex-US markets.
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Re: ex-US Stocks Continue to Soar!

Post by Marseille07 »

Apathizer wrote: Wed Mar 16, 2022 1:30 pm The total EM market is up about 5% depending on the index. Hopefully the Russia sanctions will continue to benefit other EM countries.

This is why I continue global diversification. No matter how bad recent performance the world is unpredictable.
I don't know what you're celebrating. AVEM is still lower than 2/23/22 right before Russia invaded Ukraine. Meanwhile, S&P500 is now higher than 2/23/22. The Russian equities getting wiped out and Russia getting sanctioned are net negative for EM, not positive.
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Re: ex-US Stocks Continue to Soar!

Post by Apathizer »

Marseille07 wrote: Wed Mar 16, 2022 11:03 pm
Apathizer wrote: Wed Mar 16, 2022 1:30 pm The total EM market is up about 5% depending on the index. Hopefully the Russia sanctions will continue to benefit other EM countries.

This is why I continue global diversification. No matter how bad recent performance the world is unpredictable.
I don't know what you're celebrating. AVEM is still lower than 2/23/22 right before Russia invaded Ukraine. Meanwhile, S&P500 is now higher than 2/23/22. The Russian equities getting wiped out and Russia getting sanctioned are net negative for EM, not positive.
AVEM is only about 0.01% Russia allocation, so the effect is inconsequential. Maybe this is just the beginning of an EM surge. I don't know, but if it is I'll reap the benefits since I'm allocated in EM markets. If it isn't I'll still be OK since I'm globally diversified. In other words, global diversification means I'll likely be fine regardless of what happens.
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occambogle
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Re: ex-US Stocks Continue to Soar!

Post by occambogle »

bling wrote: Wed Mar 16, 2022 5:32 pm wow! emerging markets up 7.5% today!! what happened!??
I believe it's related to this...
https://www.reuters.com/business/us-lis ... 022-03-16/
https://www.cnbc.com/2022/03/16/chinese ... hares.html
Gufomel
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Re: ex-US Stocks Continue to Soar!

Post by Gufomel »

Does US -4% and ex-US -2% count as soaring? It does in my book!
Nathan Drake
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Re: ex-US Stocks Continue to Soar!

Post by Nathan Drake »

Gufomel wrote: Wed May 18, 2022 1:23 pm Does US -4% and ex-US -2% count as soaring? It does in my book!
Well at least today you get some real soaring :P
20% VOO | 20% VXUS | 20% AVUV | 20% AVDV | 20% AVES
lostdog
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Re: ex-US Stocks Continue to Soar!

Post by lostdog »

Currency value is helping today.
Stocks-80% || Bonds-20% || Taxable-VTI/VXUS || IRA-VT/BNDW
atdharris
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Re: ex-US Stocks Continue to Soar!

Post by atdharris »

ex-US investing is merely a hedge against a weak dollar and nothing more. Despite its much lower valuation, it continues to fall just as much as US equities and it rebounds much slower.
Nathan Drake
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Re: ex-US Stocks Continue to Soar!

Post by Nathan Drake »

atdharris wrote: Thu May 19, 2022 9:51 am ex-US investing is merely a hedge against a weak dollar and nothing more. Despite its much lower valuation, it continues to fall just as much as US equities and it rebounds much slower.
Bold claim with no facts.

YTD exUS has outperformed US

Hasn’t fallen as much and seems to be recovering quicker
20% VOO | 20% VXUS | 20% AVUV | 20% AVDV | 20% AVES
Tamalak
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Re: ex-US Stocks Continue to Soar!

Post by Tamalak »

atdharris wrote: Thu May 19, 2022 9:51 am ex-US investing is merely a hedge against a weak dollar and nothing more. Despite its much lower valuation, it continues to fall just as much as US equities and it rebounds much slower.
Dollar has soared YTD and ex-US has overcome nonetheless!
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pokebowl
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Re: ex-US Stocks Continue to Soar!

Post by pokebowl »

To the moon! :mrgreen:

Image
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Stinky
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Re: ex-US Stocks Continue to Soar!

Post by Stinky »

pokebowl wrote: Thu May 19, 2022 12:14 pm To the moon! :mrgreen:

Image
I’d say more like “low earth orbit”. :twisted:
Retired life insurance company financial executive who sincerely believes that ”It’s a GREAT day to be alive!”
sweetness9
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Re: ex-US Stocks Continue to Soar!

Post by sweetness9 »

Nathan Drake wrote: Thu May 19, 2022 9:55 am
atdharris wrote: Thu May 19, 2022 9:51 am ex-US investing is merely a hedge against a weak dollar and nothing more. Despite its much lower valuation, it continues to fall just as much as US equities and it rebounds much slower.
Bold claim with no facts.

YTD exUS has outperformed US

Hasn’t fallen as much and seems to be recovering quicker
For the moment, VXUS is -14% YTD v. -19% for VTI. Not a bad outperformance.
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9-5 Suited
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Re: ex-US Stocks Continue to Soar!

Post by 9-5 Suited »

sweetness9 wrote: Thu May 19, 2022 5:28 pm
Nathan Drake wrote: Thu May 19, 2022 9:55 am
atdharris wrote: Thu May 19, 2022 9:51 am ex-US investing is merely a hedge against a weak dollar and nothing more. Despite its much lower valuation, it continues to fall just as much as US equities and it rebounds much slower.
Bold claim with no facts.

YTD exUS has outperformed US

Hasn’t fallen as much and seems to be recovering quicker
For the moment, VXUS is -14% YTD v. -19% for VTI. Not a bad outperformance.
You take your wins where you can get ‘em I guess. Since my entire rationale for holding non-US is that I don’t know which will do better I don’t really care what ends up happening, but it’s fun to occasionally reap some emotional benefit. Satisfied with the process regardless of outcome.
Tamalak
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Re: ex-US Stocks Continue to Soar!

Post by Tamalak »

For yet another day, VXUS doesn't know there's supposed to be a bear market 8-)
WestCoastPhan
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Re: ex-US Stocks Continue to Soar!

Post by WestCoastPhan »

Pretty good (relatively speaking) so far this year -- VTIAX (Vanguard Total International Stock Index) is down 13.81% YTD, which compares favorably to VTSAX (Vanguard Total Stock Market Index), which is down 18.88%.
Wannaretireearly
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Re: ex-US Stocks Continue to Soar!

Post by Wannaretireearly »

Go ex-US lol 👍👍
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boogiehead
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Re: ex-US Stocks Continue to Soar!

Post by boogiehead »

WestCoastPhan wrote: Sat May 21, 2022 12:15 am Pretty good (relatively speaking) so far this year -- VTIAX (Vanguard Total International Stock Index) is down 13.81% YTD, which compares favorably to VTSAX (Vanguard Total Stock Market Index), which is down 18.88%.
What's interesting is International is actually back at pre-covid level (early 2020) price, while US is still about 10% above pre-covid level.... so technically US is still winning in my books :D.
freyj6
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Re: ex-US Stocks Continue to Soar!

Post by freyj6 »

https://stockcharts.com/freecharts/perf.php?VTI,%20Vxus

Are we looking at the same market? US still dramatically outperforming over most time periods.
Nathan Drake
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Re: ex-US Stocks Continue to Soar!

Post by Nathan Drake »

freyj6 wrote: Sat May 21, 2022 2:02 am https://stockcharts.com/freecharts/perf.php?VTI,%20Vxus

Are we looking at the same market? US still dramatically outperforming over most time periods.
This year we aren’t

Most time periods = most recent time periods only

US and exUS perform similarly over the very long term
20% VOO | 20% VXUS | 20% AVUV | 20% AVDV | 20% AVES
freyj6
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Re: ex-US Stocks Continue to Soar!

Post by freyj6 »

Nathan Drake wrote: Sat May 21, 2022 2:08 am
freyj6 wrote: Sat May 21, 2022 2:02 am https://stockcharts.com/freecharts/perf.php?VTI,%20Vxus

Are we looking at the same market? US still dramatically outperforming over most time periods.
This year we aren’t

Most time periods = most recent time periods only

US and exUS perform similarly over the very long term
Yes, agreed. It's just that there's been no real sign of ex-us outperformance until this past 2 weeks.
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