I’ve studied Finance and Data Science throughout college and use a variety of fundamental, technical, and financial strategies to select the best stocks for my personal portfolio. Over the past two years I’ve consistently underperformed the S&P and greatly underperformed the NASDAQ (which I consider my benchmark given my heavy asset allocation in technology).

This makes me wonder, why not just compose a portfolio of all ETF’s and indices. Was thinking of a combination of SPY, DIA, NDAQ, QQQ, ARKK, etc. maybe even incorporate sector ETF’s like QCLN/ICLN, THCX, IAU (gold, to hedge against inflation), and some small/mid-cap funds.

I feel like this strategy would help me diversify greatly and mitigate risk as much as possibly while generating above market returns. I’d probably go with something along the lines of 40% SPY, 30% QQQ, 15% ARKK, 5% QCLN, 5% THCX, 5% IAU. Aside from expense ratio fees I feel like this would help me beat the market and I can even incorporate automatic weekly deposits into the SPY and QQQ accordingly.

Let me know what you think of this strategy oppose to spending so much time researching and conducting analyses only to underperform the market.