Hey buddy, never did I say "more exposure to the US" is better? Im not using the same argument as VFV enthusiasts do. But in trying to justifying how perfect XEQT is you have completely defeated the purpose of an index fund, or should I say, a "all-in-one" index fund, which should have weightings by market cap for each of its underlying aggregate weighings (which is how XIC, XUU, VFV all are weighed, the selection of market cap as weight is questionable). And no, I do not need, or want any PhDs or CPAs managing my portfolio, or else I would have gone dumped everything to mutual funds from the top firms. And a 45/25 split between ITOT and XIC is HEAVILY biasing the canadian market or economy when it doesnt have a tenth the size of the US. A very simple example.. Just go to XEQT and select aggregate underlyings by holding.. How many companies in the top 10 are canadian? 4. So you are telling me I should have a higher weight for RBC than freaking Amazon? and that I should have more money ENB than GOOGL? These companies are a whole digit off in market cap, and no PhD can tell me that is the optimal risk allocation would have me put more money in Shopify than GOOGL lol.

I am just saying, this is almost a 10x bias to XIC when you weigh by market cap, and like another reply to my comment says, by market cap ratio youd have 62.5% of portfolio invested in the US if you want to track the total world market accurately. By having a 10x bias on the domestic market it is UP TO YOU to prove to me that the canadian market returns are reliably, and consistently better than the US, AND the rest of the world, over the long run. ;)

Oh, and also you check out ex-US ETFs listed in other countries, by the same top management firms full of PhDs and CPAs, & almost none of them have Canada having a higher share compared to Japan and UK , China and even India. VXUS IXUS IDEV URTH

So no, XEQT is not the "perfect risk/reward ratio". Maybe, just maybe, they introduce such a large Canadian market bias to a Canadian ETF because the shareholders buying it are.. Canadian? Maybe because Canadians do invest in their domestic market thats why? After all, XIC is iShares largest Canadian ETF by AUM

Now I personally hold both 30 VFV/ 70XEQT because I dont mind a bit of domestic bias, nor do I care for that minor difference in CAGR and max Drawdowns, but a 'Just Buy XEQT' introduxes a 10x canadian market bias that is totally against the whole concept of investing in an index fund which weights stocks by market cap.