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Not wrong in principle. However, there is also a reason why Microsoft has a high weighting in all "standard" ETFs. 2022 was also quite a sideways year for Microsoft, but I always believe that Microsoft never disappoints. Alternatively, you could hold a smaller position with leverage and rebalance the rest. That would also be a good entry point at the moment. That way you can maintain any returns with smaller amounts. I'm currently facing the same decision.
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@Schumi150 No, I don't want to do it piecemeal either. Either completely gone or not at all. But thank you anyway
@Schumi150 Alternatively, you could also buy a few open-end call options or mini futures etc. after a sell-off instead.
But I don't know much about that. The variety of derivatives is primarily confusing for me.