u/501West

I currently hold a large portion of my TFSA in VFV (Vanguard S&P 500 Index ETF) and have been investing in it consistently for a while. Recently I've been looking into XEQT as a long-term, set-and-forget ETF with automatic dividend reinvestment.

My concern is the overlap since XEQT allocates roughly 44% to US equities (via XTOT and ITOT), there's significant crossover with VFV's S&P 500 holdings. That said, XEQT also adds Canadian (~26%), international developed ( ~25%), and emerging market (~5%) exposure, which VFV completely lacks.

I'm not looking to sell my VFV position since it's in a TFSA and has been performing well. But going forward, I'm weighing two options:

1. Keep adding to VFV for simplicity and consistency as well as XEQT

2. Direct all new contributions to XEQT for broader diversification, letting VFV compound on its own

For those who have been in a similar position- is holding both long-term a reasonable strategy, or would you consolidate into one? Any experience with switching to XEQT as your primary going-forward ETF while keeping an existing VFV position? Any other ETFs to consider from good experience?

Cheers!

I’m stoked to see the guys play at the Danforth. Anyone else going?? I may have an extra ticket

Hey everyone. I’m in the south end in 114 every match - but as you can imagine, I was closed out of my section due to the magnitude of tomorrow’s match. If by chance there’s a ticket going around, please let me know. I’m not bothered to get a ticket for an exuberant amount because taking advantage of week in / week out supporters isn’t cool. This is just my effort to see if there’s any around. Cheers.