According to Stoculator:
For VEU: If you have Invested **$1,000** in **Vanguard FTSE All-World ex-US Index Fund** on **January 01, 2025** you would now have: $1296.14
For SPY: If you have Invested **$1,000** in **SPDR S&P 500 ETF Trust** on **January 01, 2025** you would now have: $1160.05
When you reprice in dollars you notice this trend. In light of today's downturn, are we sure that US ETFs are still where it's at? Why would global investors choose this market? US stocks are too damn expensive for the return that you're getting. I am now understanding that there doesn't need to be a catalyst for a crash for the market to be repriced. Can someone tell me if I've missed something?