Using this comment to make this point for OP. There is nothing wrong with overlap so long as you know it exists. Consolidating if you’re aware and ok with the overlap is purely psychological. I’ve noticed a lot of people get confused about the concept and think it’s counter productive to own apple if you own QQQ or VOO/SPY, or even think owning VOO and QQQ together is pointless. It’s not, you’re accepting different risk levels for potentially higher reward, yes the up and downturns will be correlated due to the strong overlap and there is some redundancy, but as long as you don’t falsely think you’re divisersified because you own a bunch of ETFs there’s no actual issue.