Advice for my Portfolio
Which ETFs should I keep? Trying to eliminate overlap
Hey everyone I’m 20yr old, I’m trying to clean up my portfolio because I realized I may have way too much overlap between my ETFs.
Right now I hold:
XEQT
VEQT
VFV
VOO
ZSP
QQQC
VDY
My main goal is long-term investing and growth, and I want to keep things relatively simple. I don’t want to own multiple ETFs that are essentially giving me exposure to the same companies/markets.
From what I understand, there is significant overlap between XEQT/VEQT, and also between VFV/VOO/ZSP since they’re all heavily focused on the U.S. large-cap/S&P 500.
I’m also wondering whether QQQC and VDY actually add something useful to the portfolio or whether I’m just creating more overlap and unnecessary complexity.
If you were cleaning this portfolio up, which ETFs would you keep and which would you sell?