I sold my VFV earlier this year thinking I might regret it… but I honestly don’t. VFV is the #1 most popular ETF held by Canadians, and the S&P 500 is basically treated as the gold standard of long-term investing. Because of that, I felt almost compelled to hold onto it. But when I actually looked at my portfolio, I realized I didn’t really need it. 🌎 XEQT is my diversified core. XEQT already gives me exposure to the total U.S. stock market, including the large-cap companies in the S&P 500, while also giving me exposure to Canada, international developed markets and emerging markets. 📈 QQC gives me the extra U.S. growth/tech exposure I want. I personally want a heavier tilt toward U.S. growth/tech, so I hold QQC alongside XEQT. So what was VFV really adding for me? Mostly more exposure to U.S. large-cap stocks I already owned. Don’t get me wrong - I still think VFV is a GREAT ETF. It’s the top held ETF amongst Canadians for a reason. But I realized that a great ETF doesn’t automatically need to be in my portfolio. XEQT gives me the diversification I want, and QQC gives me the additional growth tilt I want. Personal finance is personal. I realized I don’t need to own every good ETF just because everyone else does. Curious to see what other people think about this 👀
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18 Comments
Sunil Lalwani@sunil1985 · 14d
XEQT QQC VDY works for me Simple and long term ✌️
Catherine @ffcatherine · 14d
I started off with VFV & so it seemed redundant to add a global all equity fund later. XEQT is way simpler than trying to figure out all the parts but for me I already had so much VFV I simply found & added a bit of global later to hedge a tad. There is no wrong strategy if you hold long term The biggest loss is changing from one strategy to another (which I am guilty of in the first few yrs )
Ashton S@sheavesstonks · 14d
VFV QQC VCN
Jigglypuff @jigglypuff2.0 · 14d
Your trading a 0.03% fee with a 0.21% fee.
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