USML
ETRACS 2x Leveraged MSCI US Minimum Volatility Factor TR ETN
stock NYSE ETF

Hi Everyone,
I'm from Hungary, so normally I only have access to UCITS ETFs.
I want to do the thing cited in the title - but they require much more ETFs to hold, than 3-4, and the annual rebalance can be painful on IBKR, AFAIK.
I have considered two approaches as a VTSAX-substitute (a, b; TER in braces; ratio in braces).
1. To recreate the Total Stock Market Index Fund (80% of all stocks in the portfolio):
a) With S&P indices:
VUAA (0.07%) (80%) (S&P500)
SPY4 (0.3%) (13%) (S&P400)
USML (0.14%) (7%)
b) With Russel indices:
MWOT (0.19%) (?) (Russel 1000)
RTYS (0.25%) (?) (Russel 2000)
2) To recreate the Total World Stock Market Index Fund (20% of all stocks in the portfolio):
EXUS (0.15%) (60%) (Developed World ex-US, large- + mid-cap)
VFEA (0.22%) (40%) (Emerging Markets large- + mid-cap)
3) Bonds (some fixed amount, so I can rebalance from it every year):
IUAE (0.3%) or IUAA (0.25%), but neither has market makers, according to justetf.
4) What's missing are the global small-caps. To include them I need two ETFs:
WSML (0.35%) (can substitute either of USML and RTYS) (Developed World small-caps)
EMSD (0.55%!) (Emerging Markets small-caps)
My philosophy is what Mr. Bogle said: own the market. I'm also following his mindset of being pro-US, so 80% US stocks, 20% int'l stocks is my way to go, I don't care about VWCE / VWRA and chill, US was always better than the world in almost every aspect regarding the stock market.
My questions are:
\- What do you think of my strategy?
\- Do you know any better way to reproduce the 3 Fund Portfolio? In one case it requires at least (excluding the global small caps) 6, the other 5 ETFs with my approach, with relatively high TERs compared to a simple S&P 500 index fund.
\- What do you think, which index is 'more reliable', which one do you prefer? The S&P or the Russel indices?
Thank you for your insights in advance!

Hi Everyone,
I'm from Hungary, so normally I only have access to UCITS ETFs.
I want to do the thing cited in the title - but they require much more ETFs to hold, than 3-4, and the annual rebalance can be painful on IBKR, AFAIK.
I have considered two approaches as a VTSAX-substitute (a, b; TER in braces; ratio in braces).
1. To recreate the Total Stock Market Index Fund (80% of all stocks in the portfolio):
a) With S&P indices:
VUAA (0.07%) (80%) (S&P500)
SPY4 (0.3%) (13%) (S&P400)
USML (0.14%) (7%)
b) With Russel indices:
MWOT (0.19%) (?) (Russel 1000)
RTYS (0.25%) (?) (Russel 2000)
2) To recreate the Total World Stock Market Index Fund (20% of all stocks in the portfolio):
EXUS (0.15%) (60%) (Developed World ex-US, large- + mid-cap)
VFEA (0.22%) (40%) (Emerging Markets large- + mid-cap)
3) Bonds (some fixed amount, so I can rebalance from it every year):
IUAE (0.3%) or IUAA (0.25%), but neither has market makers, according to justetf.
4) What's missing are the global small-caps. To include them I need two ETFs:
WSML (0.35%) (can substitute either of USML and RTYS) (Developed World small-caps)
EMSD (0.55%!) (Emerging Markets small-caps)
My philosophy is what Mr. Bogle said: own the market. I'm also following his mindset of being pro-US, so 80% US stocks, 20% int'l stocks is my way to go, I don't care about VWCE / VWRA and chill, US was always better than the world in almost every aspect regarding the stock market.
My questions are:
\- What do you think of my strategy?
\- Do you know any better way to reproduce the 3 Fund Portfolio? In one case it requires at least (excluding the global small caps) 6, the other 5 ETFs with my approach, with relatively high TERs compared to a simple S&P 500 index fund.
\- What do you think, which index is 'more reliable', which one do you prefer? The S&P or the Russel indices?
Thank you for your insights in advance!