Subject: Re: euros
I share the desire to be ex-US and not overweight a handful of stocks.
But what is the forecast for VEU, both the reasoning behind, and the estimate of, future returns?

The past results have not been stellar (from 2007-03-08):
Annualized Return 3.74%
maxDrawdown 61.52%

There have been some better sub-periods e.g. from 2023 on
Annualized Return 11.34%

If take a typical investor's horizon, say 3 years, and look at annualized return over rolling 3 years, then the median (as well as mean) is about 4.5%