Which will you choose - VT with FSMone or IWDA with Interactive Brokers?

I won’t cover the ETF aspect. Other replies have done it quite well though there are still things to add.

The main thing I would put up to you is the choice of brokerage that you would choose. The cost should definitely be considered.

FSMOne has a dividend handling fee (min 2USD) for US stocks. It might not seem like much but $10 USD per year and probably more since it’s $200k will just be eating into your potential gains.

Also, for IBKR, there’s the option of going into other markets as well. If something in LSE catches your eye, you don’t have to be worried about switching. For FSMOne, besides US markets, only HK and SG markets are available. After all, there isn’t any inactive fee for IBKR at your amount.

You could also just use IBKR for VT, why not?
How about VT and IWDA with IBKR? :)

Tough question since:

• IWDA is not a dividend distributing but accumulating ETF, the 15% withholding applies on the stock level

• the tax relevant country allocations in both ETFs could differ

• the price performance (last 10 years around 8.5% p.a. for both, including the dividends also for VT), will differ because of different underlying indices

-dependent on Your residence country dividend/ETF/income taxing could differ

Since the performance is roughly the same over last 10 years and the stock dividend withholding tax % are already integrated into the 8.5% p.a. performance, but no withholding tax yet into VT, the IWDA seems the better choice, at least from a taxing viewpoint.

more on some aspects here:

https://investmentmoats.com/money-management/gu...