Other tech companies' PE is even higher (except for Open Text which I don't like for other reasons) Now that we have a non-reg account, I'm debating between selling some of the stocks which we currently own in registered accounts and replacing them with HXT in it - or keep buying individual stocks (preferably low/non-dividend payers)
When I analyzed what we already have against the index (my husband has ZCN in his TFSA), I realized it's not that bad - and somewhat similar to Rob Carrick's Two-Minute Portfolio. Not intentionally, but now that we're "almost there", maybe it makes more sense to buy stocks from the 2 sectors that we're missing, keep Financials and Energy underweight - and call it a day?
(I sold all remaining US individual stocks except for AT&T earlier this year, and will be indexing US and International Equities for sure. It's only Canadian Equities that make me doubt.. )