22 with 55k to invest and a long-term 20 years +
Right now I mainly hold XEQT + some QQQM. I’ve been thinking about adding more Canadian exposure, possibly through VDY, since XEQT already has roughly 25% Canada but VDY would give me more exposure to Canadian banks, energy, and dividends.
My original idea was:
* 60% XEQT
* 15% QQQM
* 25% VDY
Recently I’ve also been looking at FINN (Fidelity Global Innovators ETF). Its returns have been impressive, but it’s newer and has a much higher MER (~1.09%). The fee doesn’t bother me much if the active management can justify it over the long term.
My concern is overlap. FINN owns many of the same growth/tech names as QQQM, so if I bought FINN I’d likely sell QQQM rather than hold both.
So I’m debating between:
* XEQT + QQQM + VDY
* XEQT + FINN + VDY
* Or keeping FINN as a smaller position
With a maximum 20-year horizon, would you prefer VDY for the Canadian/dividend tilt or something broader like VCN/XIC? And would you choose FINN over QQQM for the growth portion?
