Ok I think I know the answer and I want to confirm my suspicion. I am frustrated that VWCE has gone up 0% vs before the pandemic despite many stocks being at all time highs and the US market overall being up 5-8% vs before the pandemic.
VWCE's stock price has gone up about 4.36% in the last 12 months.
When I look at VWRA, VWCE's US dollar sister ETF, it is showing a 14.83 % return from Nov 30 2019- Dec 1 2020. (Yahoo finance doesn't seem to track VWRA well)
I was extremely upset until I saw that during the same period the EUR is up 9.89% vs the USD.
That explains the difference between why I am feeling disappointed that I am not seeing the stock market returns of the overall markets--> it's being masked by the appreciation of the EUR vs the USD.
That sound right?
VWCE's stock price has gone up about 4.36% in the last 12 months.
When I look at VWRA, VWCE's US dollar sister ETF, it is showing a 14.83 % return from Nov 30 2019- Dec 1 2020. (Yahoo finance doesn't seem to track VWRA well)
I was extremely upset until I saw that during the same period the EUR is up 9.89% vs the USD.
That explains the difference between why I am feeling disappointed that I am not seeing the stock market returns of the overall markets--> it's being masked by the appreciation of the EUR vs the USD.
That sound right?