I noticed that I was way too tech heavy expose in my portfolio, so I wanted to add some defense just in case we do have a market downturn. Remember this is year 4 of a bull market, who knows how long it will last, it could last another 4 years for all we know, but I have been reflecting on adding more defensive position. Here are the changed I made to my portfolio: $EASY is currently 24% of my portfolio, my target will be to reduce it down to 10%, this one gets a significant drop. Love the income it provides, but 24% of my portfolio is massive and the moment the income drops, my portfolio income gets a significant drop which it did recently. In total returns, I am close to even. I will not sell my shares to reduce it to 10%, I just collect the distributions and apply it elsewhere until all my target allocation is where it should be. $HHIS will go from 13% allocation and will eventually be reduced to 10%. Same like $EASY , I will use the distributions elsewhere, I won't sell any shares. $QQCL As you can tell, I am reducing my tech exposure, this one too. Just like $HHIS , it will go from 13% to eventually 10%. Now for the new changes, I will be adding 2 new etfs to add more defensive positions: $HHLE - This is a Healthcare Income etf from Harvest, I will try to build up eventually up to 5% of my portfolio. $PAYI - This has Utilities, Infrastructure and Energy mainly in the portfolio. Just like $HHLE , I will try to build up to 5% of my portfolio. $CMCL - This is not a new addition, I already had it in my portfolio. This is an all commodities income etf. I currently had 4% of my portfolio in this etf and will be building it up to increase it at 10% eventually. What other changes have I made? $HDIV will go from 5% to 10% eventually. $HBTE Harvest Bitcoin leaders will slightly go up from 4% to eventually 5%, the only reason is my OCD wants only 5's and 10's when it comes to % allocation. No scientific reason for it lol. So overall, if we combine $HHLE$CMCL$PAYI will make up 20% of my portfolio's defensive position. Do not be fooled, in a downmarket/market crash, it doesn't mean that they will be guaranteed to be in the green, but my portfolio would take less of a hit than an almost all tech portfolio. I also wanted to strengthen my anchor etf in $HDIV which I felt was too low % wise.
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15 Comments
Lindsay Ross@laross19 · 10d
I like what you're doing.
DarkOctober @darkoctober · 10d
I also did this recently. Was 100% XEQT, but now I'm 80% XEQT and 20% XDG to balance put the sectors a bit.
Eric Yergeau@ericpii · 10d
Defensive position I like is SDAY. Almost no tech and all US bluechips. I loaded on SPFD for stability and good 10% yield. UTES supposedly defensive but now very disappointing in this bull market.
Mitchell Muir@mitchell2025 · 8d
Awesome line up cmcl is a big position in my portfolio
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