My strategy around extracurriculars in college focused on finding a balance between both social and professional groups.
Professional groups can be extremely beneficial resume boosters when applying to internships/jobs, while social groups can help you extend your network and broaden your horizons on campus.
I tried to maintain active membership in 1-2 groups both socially and professionally, and take up a leadership position in at least one of those groups
Professional Groups - I would suggest trying to find clubs that align with your potential career or academic interests. For instance I was part of the "Finance, Banking & investment Society", which focused on helping students build interviewing skills.