How many ASX ETFs should I have in my portfolio?

A large transparent piggy bank contains many little pink piggy banks, indicating diversity in a share portfolio.

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When building a portfolio of ASX investments, investors can go down a few different routes. There’s always the traditional path of building a portfolio consisting solely of individual ASX shares. But these days, many investors like to opt for other investment vehicles as well, such as managed funds or ASX exchange-traded funds (ETFs)

One can always use a combination of these vehicles to build a portfolio. However, it is increasingly common for investors to build a portfolio using only ASX ETFs.

There is nothing inherently wrong with this strategy, of course. After all, most ASX ETFs represent investments in an underlying portfolio of shares.

But exactly how many ASX ETFs should an investor aim to have in…

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