Just wondering if I can get help with my portfolio. I started investing recently in etfs. Right now I have $VOO$VIGI and $XLE . are these etfs diversified enough?
They are fairly diversified within different sectors the only thing I'd advise is either swapping to only VOO and XLE or swap VIGi with another low overlap more growth focused ETF as it's dividend based which is good when you have a bigger portfolio but to get there focus on growth ETFs first
Midnight Markets @midnightmarkets · 17d
good start! VOO + VIGI gives you solid US + international coverage so that part's covered. XLE is kind of the odd one out though that's just energy stocks, not really diversification, more like a sector bet. it'll add extra volatility without actually spreading your risk around, unless you're intentionally trying to be overweight energy. also worth noting you don't have any bonds or small/mid-cap/emerging market exposure, which could help smooth things out long term. if you want something simpler you could do VOO + a total international fund + maybe a bond fund and skip single-sector picks like XLE. not financial advice obviously, just something to think about ask yourself what job you actually want XLE to be doing before adding to it
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