skip to content
  1. Home
  2. >
  3. Questions
  4. >
  5. XQQ: Would you own both of these 2 ETF's or only 1 is needed? [iShares NASDAQ 100 Index ETF (CAD-Hedged)]
You can view 2 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Would you own both of these 2 ETF's or only 1 is needed? If 1 only needed which one is preferred?

Thanks
Asked on January 02, 2024
5i Research Answer:

We would be fine with owning both of these. XIT is focused on the Canadian tech sector while XQQ is focused on the US tech sector. There is some overlap on general tech exposure here but we think they are different enough given the geographic differences.

Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in XIT.

Let us help YOU reach your financial goals today!

Start your FREE trial today and enjoy all the benefits of a 5i Membership including:

  • Access to a team of experts ready to answer your investments question 
  • Instant access to over 100,000 archived questions
  • A community of like-minded investors
  • Peace of mind knowing that 5i Research has only YOUR best interests in mind