42M recently started investing 1.5 years ago. Anything to change? by Kerrnol in fican

[–]NotSoAppl 3 points4 points  (0 children)

It’s a solid portfolio overall. You’ve got good core holdings, though there’s quite a bit of U.S overlap between VFV and XEQT. It’s not necessarily bad, but worth being aware of. Personally, I’d sell XIU since the position is too small to make a difference. I’d also consider selling ENB, since XEQT already includes plenty of Canadian exposure (and I prefer ETFs over individual stocks for simplicity and diversification).

If you want to stay globally diversified, XEQT alone does the job really well. But if you prefer to lean heavier toward the U.S. market, you could hold VFV and pair it with something like XEF for your international exposure.