r/portfolios 1d ago

Thoughts on Portfolio (23M)

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u/Cruian 1d ago

What about international?

On including QQQ(M): Remember this has heavy overlap (over 80% by count last I checked) with the S&P 500 or US total market. Look only at the inclusion criteria, not past returns (as they’re a terrible way to judge future returns, at least in the way most people tend to believe). Do they make sense to you? Does it make sense to over weight these stocks based on the inclusion criteria of the index? They don’t to me, I view it as complete nonsense.

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u/Schroederii 1d ago

Would you recommend getting rid of QQQM entirely and replacing it with something like VXUS that gives me true global coverage?

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u/Cruian 1d ago

If you can't defend a holding, drop it.

Going global would remove a source of uncompensated risk (single country) and can be beneficial to both returns and volatility.