I'm trying to figure out my international allocation and have noticed differences in the balance between europe and pacific vary if they are held through a total index or individually.
In a total international index, such as Vanguard's Total International Stock Index Fund (VGTSX), the balance is about 70% europe and 30% pacific after emerging markets is taken out.
But when I look at allocations holding them individually, it's always 50/50 between the two. I tend to have a preference to overweight europe, since it consists of more countries, unlike pacific which is primarily Japan/Australia and I'm trying to understand why this isn't reflected in other's asset allocations.
Thoughts?
In a total international index, such as Vanguard's Total International Stock Index Fund (VGTSX), the balance is about 70% europe and 30% pacific after emerging markets is taken out.
But when I look at allocations holding them individually, it's always 50/50 between the two. I tend to have a preference to overweight europe, since it consists of more countries, unlike pacific which is primarily Japan/Australia and I'm trying to understand why this isn't reflected in other's asset allocations.
Thoughts?