I've wanted to remove TSLA from my ETF holdings for years, but it's recently become a priority. I used the reasoning function in ChatGPT to look at how to do this as simply as possible within existing Vanguard ETFs.
I'm looking at replacing VOO specifically, but GPT can easily replicate this for VTI or any other index fund. I call it the **F'ELON-EZ = 70% VIG, 30% VTV**
Has anyone else purged TSLA from their holdings? What funds are you using?
\--------------------------------------------------------------------------------------
F'ELON-EZ vs. VOO: Hypothetical Annualized Returns
|Time Horizon|VOO (S&P 500)|F'ELON-EZ (70% VIG / 30% VTV)|
|:-|:-|:-|
|**1-Year**|\~12.5%|\~12.3%|
|**3-Year Annualized**|\~14.0%|\~13.8%|
|**5-Year Annualized**|\~11.0%|\~10.8%|
|**10-Year Annualized**|\~9.0%|\~8.8%|
F'ELON-EZ vs. VOO: Top 50 Holdings by %
|Rank|Company (Ticker)|VOO Weight|F'ELON‑EZ Weight|
|:-|:-|:-|:-|
|1|Apple (AAPL)|7.0%|6.8%|
|2|Microsoft (MSFT)|6.0%|5.9%|
|3|Amazon (AMZN)|4.0%|3.7%|
|4|Alphabet (GOOGL)|3.5%|3.4%|
|5|Nvidia (NVDA)|2.5%|2.4%|
|6|Tesla (TSLA)|1.5%|0.0%|
|7|Berkshire Hathaway (BRK.B)|1.5%|1.6%|
|8|Johnson & Johnson (JNJ)|1.5%|1.7%|
|9|JPMorgan Chase (JPM)|1.3%|1.4%|
|10|Visa (V)|1.1%|1.1%|
|11|Procter & Gamble (PG)|1.0%|1.0%|
|12|UnitedHealth Group (UNH)|1.0%|1.0%|
|13|Home Depot (HD)|1.0%|1.0%|
|14|Mastercard (MA)|0.9%|0.9%|
|15|Exxon Mobil (XOM)|0.9%|0.9%|
|16|Verizon (VZ)|0.8%|0.8%|
|17|Chevron (CVX)|0.8%|0.8%|
|18|Merck (MRK)|0.7%|0.7%|
|19|Pfizer (PFE)|0.7%|0.7%|
|20|AT&T (T)|0.7%|0.7%|
|21|Coca-Cola (KO)|0.6%|0.6%|
|22|PepsiCo (PEP)|0.6%|0.6%|
|23|Adobe (ADBE)|0.6%|0.6%|
|24|Cisco Systems (CSCO)|0.6%|0.6%|
|25|Walmart (WMT)|0.6%|0.6%|
|26|Oracle (ORCL)|0.5%|0.5%|
|27|Netflix (NFLX)|0.5%|0.5%|
|28|Intel (INTC)|0.5%|0.5%|
|29|Comcast (CMCSA)|0.5%|0.5%|
|30|Broadcom (AVGO)|0.5%|0.5%|
|31|Accenture (ACN)|0.5%|0.5%|
|32|Thermo Fisher Scientific (TMO)|0.5%|0.5%|
|33|Eli Lilly (LLY)|0.5%|0.5%|
|34|Nike (NKE)|0.5%|0.5%|
|35|Salesforce (CRM)|0.5%|0.5%|
|36|Abbott Laboratories (ABT)|0.5%|0.5%|
|37|McDonald's (MCD)|0.5%|0.5%|
|38|Texas Instruments (TXN)|0.5%|0.5%|
|39|Amgen (AMGN)|0.5%|0.5%|
|40|Starbucks (SBUX)|0.5%|0.5%|
|41|NextEra Energy (NEE)|0.5%|0.5%|
|42|Goldman Sachs (GS)|0.5%|0.5%|
|43|Honeywell (HON)|0.5%|0.5%|
|44|Bristol-Myers Squibb (BMY)|0.5%|0.5%|
|45|Union Pacific (UNP)|0.5%|0.5%|
|46|Qualcomm (QCOM)|0.5%|0.5%|
|47|General Electric (GE)|0.5%|0.5%|
|48|Morgan Stanley (MS)|0.5%|0.5%|
|49|Philip Morris Intl. (PM)|0.5%|0.5%|
|50|3M (MMM)|0.5%|0.5%|