I'm rolling around the idea of buying international stocks in the foreign currency in my head.
And would buying foreign currency etf act like a hedge like the hedge country etfs?
and would i need to buy 1-1 equivalent in that situation? so if i have 100 euros in my foreign stock holding... would I need to buy 100 dollars of the "euro" etf to act like a hedge so the performance at the end is more akin to actual growth of the asset without currency fluctuation?
I might consider doing this in the future, but at this moment it is more of a thought exercise.