Opinions Mike Philbrick
iShares Core Equity ETF PortfolioXEQT.TOBUYSep 18, 2026
Mike PhilbrickStock price when the opinion was issued
As of Sep 23, 2026. Market Open.
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100% equity, very broad and global. If you're very young and can handle the volatility, you can use this. Good solution if you want a simple solution, set it and forget it. For older investors, don't count on it for income.
Instead, he uses the Vanguard version for its higher concentration to the US.
All equity. Broad array of assets. Tax implications for all things that have global assets in them -- but that's not the end of the world, and it's pretty common.
Looking at the chart, you're going to feel that this is overbought. But it has US and global diversification, and that's where you want to be. Pullbacks will be muted; now is the time to invest, especially if you're planning for the long term (such as an education fund).
Great product that would recommend buying. All equity option for investors, would recommend a small portion that is good for long term investors. Broad exposure that investors can buy, and "forget" about for 10 years. Cheap management fees.
Mike Philbrick
Best portfolio for an 18-year-old isn't necessarily the one with the highest expected returns. It's the one that they'll sit with and own during a 35% market decline. Nothing wrong with starting a 80% equity/20% bond portfolio today. Increase the equity exposure as they get experience with bear markets.
If they're 18, they're probably contributing along the way as well. They'll have time to buy those equities at cheaper prices.
Both ZEQT and XEQT give broad market exposure -- Canadian, US, and global equities. Simple, cheerful, easy.
Take a look at FEQT, which might reduce the volatility a bit.