Highly tax efficient as it’s made of only EU government bonds

This is my target allocation for long term growth, what do you guys think?

• Invesco FTSE All-World $FWRG (+1,01 %) – 80%
• Invesco Global Multifactor $IQSA (+1,04 %) – 15%
• Amundi MSCI USA Daily (2x) Leveraged $CL2 (+1,3 %) - 5%

Monetary Fund: Amundi Euro Government Bond 0-6 M $C3M (+0,06 %)

Fixed monthly investing in:

• Bitcoin
• Gold

Hi everybody.

I'm building up a portfolio using the approach "#etfsETFs only". I still don't feel confident with single stocks and I don't think stock-picking is the best option for me.

As for now, my asset allocation is the following:

$SPYI (+1,1 %) 28%

$C3M (+0,06 %) 12%

$MEUD (+0,52 %) 10,7%

$GLDA (+1,39 %) 10,3%

$EIMI (+0,99 %) 9 %

$EHYA (+0,49 %) 9%

$500 (+0,98 %) 9%

$WITS (+1,17 %) 8,7%

$PHPP (+3,55 %) 4,3%

I'm going to set $SPYI (+1,1 %) +$MEUD (+0,52 %) as my core pf , increasing both sizes until they get to 35% and 20% respectively. I don't like bonds in general, so basically I try to decorrelate making use of gold, precious metals and also monetary funds.

What do you think about the whole thing?