Is there such a thing as too many ETFs?

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Hello. I have a question regarding ETFs. Is there such a thing as too many ETFs in a portfolio? I was using Fidelity FidFolios and made a portfolio of 50 ETFs that I believe were good investments. There was some overlap between the investments. My goal was to specifically target certain sectors that I didn’t think VOO gave enough or any exposure too. After doing some research I came up with about 50 ETFs i liked.

I am unsure if trying to target certain sectors worth it, or should I just keep it simple and invest in VOO?

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FractalGuise

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Posted: 1 year ago
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