Title. It occurred to me that despite not wanting to support musk or some other American businesses because of their recent change in policies, I’m still holding a stake in those companies.

  • Sconrad122@lemmy.world
    link
    fedilink
    arrow-up
    3
    ·
    8 hours ago

    A lot of their direct competition is not in the S&P 500 because they are not American companies. Hyundai, Volkswagen, Toyota, Nissan, BYD, etc. American automakers let the EV market languish so long that they are only now becoming legitimate competitors in that space

      • Sconrad122@lemmy.world
        link
        fedilink
        arrow-up
        2
        ·
        3 hours ago

        Yep, or any other etf or fund that tracks an ex US index, if folks don’t want to give their money/share votes to Vanguard. I’m unfortunately not well versed in brokerages outside the US, so no fund suggestions, but VXUS tracks the FTSE Global All Cap Ex US index, MSCI also has a World ex US index, it shouldn’t be too hard to find an ex US index tracking fund at a reputable brokerage of your choice