VWRL (50%)
This is a globally diversified stock ETF, covering developed and emerging markets. It's got good exposure to a wide range of companies, so you're essentially betting on the world economy, which is generally a smart move if you're in it for the long haul.
VEVE (25%)
This is focused on developed markets outside of North America (mostly Europe and Asia). You're getting more international exposure here, which is good for balancing out the VWRL’s mix. You're diversifying away from the U.S. market, which is important if you're worried about overexposure to one region.
VHYL (25%)
This ETF focuses on high dividend-paying stocks, primarily in developed markets. If you’re after income through dividends or want to hedge against volatility, this is a good choice. It’s a solid defensive play, but be mindful that it may not be as growth-oriented as the others.
My thoughts:
You’ve got good global diversification across developed and emerging markets, along with a nice tilt towards high dividend yield with VHYL. The only potential issue is that you’re a bit heavy on developed markets (since VWRL and VEVE overlap in that space), so depending on your risk tolerance and time horizon, you might consider adding more emerging market exposure or adjusting the balance slightly to better reflect your investment goals.
But overall, this looks like a pretty solid, low-maintenance portfolio if you're in it for the long term and don't mind some fluctuations.
What’s your time horizon and risk tolerance? Are you looking for more growth or income in the future? That might tweak things a bit.