Portfolio with all ETFs have some caveats

This strategy mix of asset with all ETF ss would make sense if you read this

https://www.investopedia.com/articles/exchangetradedfunds/11/building-an-etf-portfolio.asp

But then there are caveats like this

https://www.investopedia.com/articles/mutualfund/07/etf_downside.asp

Would you pursue this as an investing strategy ?

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