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A comment on Who owns the German DAX? [pdf]. Parent comment

Re:Who owns the German DAX? [pdf] by oezi on Tuesday June 22, 2021 @11:03AM (#27592570)
Except that DAX and EuroStoxx 600 are so correlated that it doesn't quite matter.

People buy local indices because the are easier to grasp and reported on in the news daily. Other national indices rarely are.

Diversification via stock ETFs is just 5 buckets: World, US, US Tech, emerging markets, Europe.

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Re:Who owns the German DAX? [pdf] by allendoerfer on Tuesday June 22, 2021 @11:21AM (#27592796)
> Except that DAX and EuroStoxx 600 are so correlated that it doesn't quite matter.

That is actually an argument for the bigger index, not the smaller.

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