DIVI
Franklin International Core Dividend Tilt Index ETF
stock NYSE ETF

If you want a factor portfolio go something like: 30% AVDV 20%XMMO 20%SPMO 30%FMTM
Don't sector bet, remove: DIVI, IHE,SMH and QQQM

Thanks, agree I don’t need these many etfs.. I would go with SPMO, XMMO, AVUV, AVDV, FRDM and DIVI. I like DIVI given it gives exposure to large/mid quality companies in developed nations vs AVDV with possibly 10% overlap. I plan to drop QQQM given huge overlap with SPMO and tech heavy. I had kept IHE because I feel Pharma can act as defence in volatilities but I can drop it.

I think this is a bit overbuilt. The clearest cuts to me would be DIVI, IHE and maybe SMH. DIVI overlaps a lot with AVDV, IHE feels like a random sector bet, and SMH is already kind of inside the QQQM/tech exposure. A quick [overlap check](https://portfoliometrics.net/ai-assistant/nRk8KHAFDA) basically points to the same thing: you can probably keep the same idea with fewer funds. Something like QQQM, XMMO, AVUV, AVDV and FRDM already covers growth, momentum, small value, international and EM. If you really want large cap momentum too, add SPMO back and make it 6 funds. Nothing here is terrible, just a lot of ETFs doing similar jobs.

If you want a factor portfolio go something like: 30% AVDV 20%XMMO 20%SPMO 30%FMTM
Don't sector bet, remove: DIVI, IHE,SMH and QQQM

Thanks, agree I don’t need these many etfs.. I would go with SPMO, XMMO, AVUV, AVDV, FRDM and DIVI. I like DIVI given it gives exposure to large/mid quality companies in developed nations vs AVDV with possibly 10% overlap. I plan to drop QQQM given huge overlap with SPMO and tech heavy. I had kept IHE because I feel Pharma can act as defence in volatilities but I can drop it.

I think this is a bit overbuilt. The clearest cuts to me would be DIVI, IHE and maybe SMH. DIVI overlaps a lot with AVDV, IHE feels like a random sector bet, and SMH is already kind of inside the QQQM/tech exposure. A quick [overlap check](https://portfoliometrics.net/ai-assistant/nRk8KHAFDA) basically points to the same thing: you can probably keep the same idea with fewer funds. Something like QQQM, XMMO, AVUV, AVDV and FRDM already covers growth, momentum, small value, international and EM. If you really want large cap momentum too, add SPMO back and make it 6 funds. Nothing here is terrible, just a lot of ETFs doing similar jobs.