Looking to set up monthly automatic buys into the following:

VTI -40%
VOO - 30%
QQQ - 20%
VWO - 10%

Would be longterm holds. Is there too much overlap here?

Relatively new to this so any suggestions for alternatives or different percentage allocations would be a huge help

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If you want small and mid cap exposure you really want to be over exposed to them. What you’re doing here is leading to under exposure since VOO and QQQ are both dominated by the same 6 stocks. So this portfolio would be 40-45% those six names.

I don’t know the right weights, but I’d be thinking about some exposure to QQQJ, IWM, and IWR.

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Appreciate the insight! What are your thoughts on VO for midcap exposure?

I’d recommend VGT over QQQ, since you’re going with mostly vanguard funds

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There’s plenty of overlap but they’re not necessarily substitutes. One tracks the top 100 Nasdaq listings, the other focuses on Information Technology. It just so happens that many of the largest companies are IT so they also fall onto the Nasdaq 100 (QQQ). But VGT doesn’t give you exposure to things like Amazon, Google, Facebook, etc.

QQQ gives me stuff VGT doesn’t, like exposure to Tesla, Costco, Marriott, Pepsi, pharma, Netflix, etc.

I hold both. I understand there’s some heavy overlap in certain areas, but it’s areas I’m happy to have that overlap.

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VOO makes up 80% of VTI. Should probably just choose one or the other.

Also, you want QQQM instead of QQQ. Same holdings, one is just geared towards retail investors with lower fees and cost.

Would also recommend something like QQQJ.

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Thanks all, really appreciate the feedback. Does anyone have a US small cap etf they like?

Was also thinking of adding a high dividend yield etf into the mix like VYM. Worth it?

I'd recommend a dividend appreciation fund in there or just a dividend fund. Many are underweight FAANG which will help if you want to stay large cap but with more diversity. I like VIG and VYM.

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