QQC is about 4% below its recent high, What allocation makes sense alongside XEQT?
QQC closed around C$49.47, compared with a recent chart high of roughly C$51.53, so it is about 4.0% below that level.
I have been looking at QQC as a satellite position rather than a core holding. For those who already use a broad-market all-equity ETF such as XEQT as their core, how much additional Nasdaq-100 exposure are you comfortable with?
I am considering a 10% to 30% range, with 80% XEQT and 20% QQC as one possible split. I understand that QQC would not meaningfully improve diversification. It would mainly increase my concentration in large Nasdaq-listed companies, especially mega-cap growth and technology names, many of which are already held through XEQT’s US equity exposure.
Do you keep QQC at a fixed target and rebalance periodically, or does it being this close to its recent high affect how quickly you add?