VXUS
Vanguard Total International Stock ETF
stock NASDAQ ETF

In that case, you could put $20-25k in 5 year treasuries (yielding 4.4% right now) and $20-25k in stock index funds (VT, VTI+VXUS, or similar). That would all but guarantee you wouldn't lose more than 10-20% over 5 years.

The boglehead way would be to balance VTSAX and VTIAX at roughly the relative market caps of the US and international market. Please check me on this, but I think it's currently something like 60/40. That balance would be quite similar to just investing in VTWAX, I believe.
Some people prefer to put a stronger weight on domestic US stocks, so they might choose 70/30 or 80/20 or something like that. I don't think there is a true mathematical justification for doing that.
Incidentally, we are using the mutual fund names for these funds, but on this forum, people will more commonly use the names for the equivalent ETFs, e.g. VT, VTI, and VXUS. So if you see those names used, it is the same conversation.
This is the target retirement date fund glide path: [https://workplace.vanguard.com/investment/strategies/tdf-glide-path.html](https://workplace.vanguard.com/investment/strategies/tdf-glide-path.html)
If I am reading it right, the fund starts to shift assets significantly from equities into bonds as long as 20 years before the target date and hits a 50/50 mix at the retirement date. That just feels too conservative to me, which is why I would prefer to shift the glide path later. But again, this is really a matter of personal risk tolerance, because shifting more of your assets into bonds is believed to reduce risk/volatility.

OP I would also recommend VT or a combination of VTI and VXUS. Lower fees, better performance and diversification.

Not an expert, but my 2¢:
At a glance, it’s a fairly middle of the road three fund mutual fund. \~25% bond allocation is pretty high for your age IMO, and is likely the primary reason why this fund underperforms the S&P500. Fine for your dad, but you’ve got years of growth ahead of you. 0.66% expense ratio could also be better.
The short answer is it’s fine. You could do better but you could also do a lot worse. Given your age, I’d switch it up to a VTI/VXUS blend to get rid of the bonds portion for now, but you may be more risk averse and that’s OK.

The reason why VOO or VTI are so popular and often referred to as benchmark, is because they offer a great balance of risk and returns.
You're basically suggesting to move some from that bucket, into two buckets that have historically underperformed it, RSP and VXUS. While there is some recency bias in that statement, the reality is world has changed the the point the top megacaps generate the bulk of profits, hence their weight, and US has higher concentration of growth companies (many of which are multinational) compared to international which has a higher mix of mature.
Just to show the disparity at the top, MSFT has more net profit than LLY (which itself is now a megacap) has revenue. Without the trillions of market cap added by NVDA AVGO GOOGL and the like past few years, gets you 40% return on RSP instead of 70% VOO in past 5Y.
If there is some pending market crash, everything goes down with it. You're hoping that maybe your drawdown would be smaller if such an event happens? But what does that matter if your long term return would be smaller?
You could buy a "safety" ETF such as SCHD. Which has outperformed both VOO and QQQ in the trailing 12m. But just like RSP and VXUS, you might find a window here and there where it is better than VOO; but in the longer term you will not. And you already know you aren't timing the the peak and trough, exit and enry to perfecton.
Disclousre: Own VOO, SPMO, QQQM for growth. Own SCHD for income.

Looking to rebalance a rollover IRA over the next 3-6 months and get thoughts on this proposed split. I am in my 30s and have used various splits of VOO/VXUS/VT over the last ~10 years. Some goals of mine are:
* Increasing diversification
* Increasing my exposure to micro/small cap
* Keeping the account relative expense ratio (average expense ratio considering % allocated) < 0.1
* Balancing out growth/value and increasing exposure to some value funds
| % Allocation | Symbol | Name | Expense Ratio | Micro Cap | Small Cap | Mid Cap | Large Cap | Giant Cap | Type |
|---:|:---:|:---|---:|---:|---:|---:|---:|---:|:---|
| 32 | FNILX | Fidelity Zero Large Cap Index Fund | 0 | 0 | 0.46 | 20.53 | 34.83 | 43.56 | Blend/Growth |
| 24 | AVGE | Avantis All Equity Markets ETF | 0.23 | 6.26 | 13.28 | 28.34 | 25.91 | 26.21 | Blend/Value |
| 10 | VFMF | Vanguard US Multifactor ETF | 0.18 | 27.41 | 22.66 | 24.88 | 21.25 | 3.78 | Value |
| 10 | VUG | Vanguard Morningstar Growth ETF | 0.03 | 0 | 0.12 | 9.53 | 22.41 | 67.67 | Growth |
| 7 | FZILX | Fidelity Zero International Index Fund | 0 | 0.03 | 0.54 | 12.47 | 31.32 | 54.07 | Blend |
| 5 | AVUV | Avantis US Small Cap Value ETF | 0.25 | 49.54 | 48.66 | 1.8 | 0 | 0 | Value |
| 5 | AVMV | Avantis US Mid Cap Value ETF | 0.2 | 0.03 | 28.33 | 69.55 | 0.91 | 1.18 | Value |
| 4 | VB | Vanguard Morningstar Small Cap ETF | 0.03 | 10.39 | 54.9 | 31.71 | 0.95 | 0.36 | Blend |
| 3 | FLAPX | Fidelity Flex Mid Cap Index Fund | 0 | 2.97 | 69.65 | 26.04 | 1.24 | 0 | Blend |
| **100** | | **Portfolio Total** | **~0.10%** | **7.26%** | **13.84%** | **23.40%** | **24.14%** | **31.36%** | |

>S&P500 is all the diversity you need and provides global exposure.
It does not provide global exposure.
>Approximately 28% to 41% of the S&P 500's total revenue comes from international markets outside the United States.
Essentially irrelevant. Revenue source is at best only a tiny part of going global, far from the most important reason.
We go global to capture the performance of the stock markets of different countries and even stocks with global revenue act far more like their home country.
You wouldn't consider VXUS or FZILX all the US coverage you need after all, right?
* https://www.fidelity.com/viewpoints/investing-ideas/international-investing-myths if that link doesn't work: https://web.archive.org/web/20201112032727/https://www.fidelity.com/viewpoints/investing-ideas/international-investing-myths (Archived copy from Archive.org's Wayback Machine)
* https://www.vanguard.com/pdf/ISGGEB.pdf (PDF) or the archived version if that doesn't work: https://web.archive.org/web/20210312165001/https://www.vanguard.com/pdf/ISGGEB.pdf (PDF)
* https://www.dimensional.com/us-en/insights/global-diversification-still-requires-international-securities - Companies will act more like the market of their home country
* https://www.reddit.com/r/Bogleheads/comments/vpv7js/share_of_sp_500_revenue_generated_domestically_vs/ - The argument that “US companies have plenty of foreign revenue is sufficient ex-US coverage” is tilted towards a few sectors, some have almost no coverage. Also what about in reverse- how many big foreign companies have lots of US exposure?
* Some explanation on why international revenue is not the same as true international holdings by HenryGeorgia: https://www.reddit.com/r/Bogleheads/comments/1jcs4pd/comment/mi4zf0c/
* Or (if it loads) by /u/InternationalFly1021: https://www.reddit.com/r/Bogleheads/comments/1hm95gg/comment/m3t2779/
* To add to the above, there’s also the issue of valuations. One country can still become over valued, even with global revenue sources.
* https://www.bogleheads.org/wiki/Domestic/International and expanding on part of that: https://www.reddit.com/r/Bogleheads/comments/161i2l1/comment/jxs659h/ by TropikThunder
All cover it to some degree.
The purpose of the international holdings is to be covered during the orange periods of the graph here: https://www.mymoneyblog.com/us-vs-international-stocks-cycles-outperformance.html

There are two forms of diversification.
One is backward-looking. You look at historical trends, and pick assets that have historically had a low correlation with each other. Now, VXUS is not entirely correlated with VTI, but they are rather highly correlated. If you want diversification in this sense, long term treasuries would probably be your best diversifier.
The other form of diversification is forward-looking. It's John Bogle's admonition to not look for the needle in the haystack--instead, just buy the whole haystack. And that's the sense in which VXUS helps you a lot. If the next great breakthrough comes out of a country other than the US, you'll own some of it if you own VXUS. You won't own it if you only have VTI or VOO or VGT or QQQ.

If it were me, I would just put it all in VT or VTI/VXUS at whatever weights you decide are best for you.
My current portfolio is 60/20/20 in IVV/GARP/AVNM, and I decided that I am going to freeze the share counts of those 3, and all new contributions are just going into VT for simplicity, to increase my international weight, and to dilute my factor tilts.

I had a good run with both, and sold long-term portions to free up money for other ETFs. Still have 103k in VUG and 49k in SOXX. I’ve 170k in cash now to invest. Though about VTI but that only makes tech/semiconductor more concentrated. Also looked at VTV+SCHD for value/div tilt and VXUS+AVDV for international exposure. I retire in 12 years. I’m getting into analysis paralysis phase now :), so need some help with making a decision. Thanks!

RSP has served me very well this year, especially during the April correction and the June tech meltdown. I have 45% in it. I have 5% XLG so that I don't miss out entirely on those MAG7 riches. It's done well this year (within 2% of VTI and VOO) but 100% would be too much. It's down 20 points to VTI over five years.
I don't see the point of balancing it against VTI or VOO. If AI crashes, RSP won't go down as much but it will still go down because those all cover the broad market. I have RSP as protection against a dominant sector correction, but I play it against themes and sectors that are counter to whatever is the dominant risk. So if AI crashed, RSP would go down less and my other holdings would pick up the slack.
If you're just going to go VTI / RSP and a little bit of VXUS, I think you're better off just accepting the risk in VTI.

I would add FESM for small cap, and probably VXUS or FIVA for international depending if you want emerging markets or just established markets.

This is the answer. People often recommend VXUS in taxable to claim foreign tax credit. But the tax drag on a per-dollar-invested basis is much higher for VXUS than VTI due to higher dividends and lower proportion of qualified dividends, outweighing the FTC benefit for most tax brackets.

In my 30s and have been holding various splits of VOO/VXUS/VT over the last ~10 years. I am trying to accomplish a few goals with this.
* Increase diversification
* Increase my exposure to micro/small cap
* Bring on some additional value-oriented
* Keep the expense ratio of the entire account < 0.1
* Balance growth and value more. I generally lean towards value.
| % | Symbol | Name | Cost | Cost Date | Expense Ratio | Expense Relative | Risk | FacSet | Morningstar | Micro Cap | Micro % | Small Cap | Small % | Mid Cap | Mid % | Large Cap | Large % | Giant Cap | Giant % | Type |
|---:|:---:|:---|---:|:---|---:|---:|---:|:---:|:---:|---:|---:|---:|---:|---:|---:|---:|---:|---:|---:|:---|
| 32 | FNILX | Fidelity Zero Large Cap Index Fund | 27.8 | 8/14/26 | 0 | 0 | 4 | N/A | 4 | 0 | 0 | 0.46 | 14.72 | 20.53 | 656.96 | 34.83 | 1114.56 | 43.56 | 1393.92 | Blend/Growth |
| 24 | AVGE | Avantis All Equity Markets ETF | 101.5 | 8/9/26 | 0.23 | 0.0552 | 4 | A | 4 | 6.26 | 150.24 | 13.28 | 318.72 | 28.34 | 680.16 | 25.91 | 621.84 | 26.21 | 629.04 | Blend/Value |
| 10 | VFMF | Vanguard US Multifactor ETF | 184.7 | 8/9/26 | 0.18 | 0.018 | 4 | A | 5 | 27.41 | 274.1 | 22.66 | 226.6 | 24.88 | 248.8 | 21.25 | 212.5 | 3.78 | 37.8 | Value |
| 10 | VUG | Vanguard Morningstar Growth ETF | 88.8 | 8/17/26 | 0.03 | 0.003 | 4 | A | 4 | 0 | 0 | 0.12 | 1.2 | 9.53 | 95.3 | 22.41 | 224.1 | 67.67 | 676.7 | Growth |
| 7 | FZILX | Fidelity Zero International Index Fund | 17.3 | 8/14/26 | 0 | 0 | 5 | N/A | 4 | 0.03 | 0.21 | 0.54 | 3.78 | 12.47 | 87.29 | 31.32 | 219.24 | 54.07 | 378.49 | Blend |
| 5 | AVUV | Avantis US Small Cap Value ETF | 127.5 | 8/12/26 | 0.25 | 0.0125 | 5 | A | 5 | 49.54 | 247.7 | 48.66 | 243.3 | 1.8 | 9 | 0 | 0 | 0 | 0 | Value |
| 5 | AVMV | Avantis US Mid Cap Value ETF | 83.4 | 8/12/26 | 0.2 | 0.01 | 5 | A | N/A | 0.03 | 0.15 | 28.33 | 141.65 | 69.55 | 347.75 | 0.91 | 4.55 | 1.18 | 5.9 | Value |
| 4 | VB | Vanguard Morningstar Small Cap ETF | 306.1 | 8/9/26 | 0.03 | 0.0012 | 5 | A | 4 | 10.39 | 41.56 | 54.9 | 219.6 | 31.71 | 126.84 | 0.95 | 3.8 | 0.36 | 1.44 | Blend |
| 3 | FLAPX | Fidelity Flex Mid Cap Index Fund | 26.3 | 8/17/26 | 0 | 0 | 5 | N/A | 4 | 2.97 | 8.91 | 69.65 | 208.95 | 26.04 | 78.12 | 1.24 | 3.72 | 0 | 0 | Blend |
| 100 | | **TOTAL** | | | | **0.0999** | | | | **7.2583** | | **13.8417** | | **23.3976** | | **24.1416** | | **31.3608** | | |
Note, the [cap]% column was used to calculate exposure of different market cap amounts based on funds used and I am too lazy to delete it.

Thanks. I also own NVDA, GOOG, and TSM; more than the value of my VXUS but a lot less than the value of my VTI.

Got it. I'd pick an allocation, and then just make steady contributions to that asset allocation.
If you want 100% stocks, VT is the total world market. VTI is the total US market. VOO is the S&P 500 (500 largest companies in America). VXUS is the total non-US stock market. If I didn't know what I wanted to do specifically other than be 100% stocks, I'd either be 100% VT or 60-80% VTI and 20-40% VXUS depending on how much I wanted to overweight US performance. VOO historically has performed significantly similarly to VTI and there is significant overlap, but VTI includes middle sized and small sized exposure as well.
If you wanted an asset mix and low effort, target date funds are great. I'm engaged, and I'll be managing finances for both of us once we're married. I would have *zero* hesitation telling my fiancé to invest her retirement money (that we'll both be relying on) in a target date fund. Alternatively, you could use something like VSMGX (mutual fund, not an ETF) to hold a set allocation (this one is 60 stocks/40 bonds. This is what I plan on doing with excess savings we don't want to commit to retirement.
Nothing is magical about any of the funds I've listed. You want broad, index based exposure unless you *really* know what you're doing (and then you probably want it even more =p) at a low expense ratio.

I am in the same position as you. Have around 70k in cash. I put $20k in a 6-8 month emergency fund then dumped 30k into VTI/VXUS/VGT.

I consider myself Boglehead. We are retiring in 4 years. We have 5 years of essential spending in a money market and the rest is 100% VTI / VXUS. We plan to keep to this allocation indefinitely.

I’m a good Boglehead who is in his 2nd year of retirement.
I’m 12% VXUS, 68% VTI, 15% VBIL, 5% VTIP.
So…. No.

Sure, that would be great.
100% VT is a really great choice, it contains US & international, at market weight, which is approximately, currently, around 60% VTI (US) + 40% VXUS (international).
There's only very small difference between holding [VT vs VTI and VXUS](https://www.reddit.com/r/Bogleheads/comments/1mzwdav/comment/nam8q8h/), and the simplicity of VT deciding the allocation based on market weight is actually a pretty good selling point.