Which portfolio would let you sleep better at night?

Two different portfolios.

Portfolio 1 consists of:

1. SPY (70%)

2. QQQ (20%)

3. VGLT (10%)

Aim: to capitalise on the growth sector while maintaining some of that “diversification” that comes from SPY and VGLT

Portfolio 2 consists of:

1. QQQ (60%)

2. XLP (20%)

3. XLV (20%)

Aim: to make targeting more “to the point”. With being aggressive with growth sector but also hedging with a fair amount of defensive sector, this will make you miss out on some other sectors (Industrial, Energy, Utilities)

By the way by looking on portfolio visualiser, portfolio 2 seems to outperform way above portfolio 1 from 2000-2023

Thanks boys!