Tech flavored US mega cap smoothie pretending to be diversified
Report created on May 19, 2026Risk profile
5/7
Diversification profile
2/5
Positions
-
VO Vanguard S&P 500 ETF
VOO - US9229083632 57.00% -
QQ Invesco NASDAQ 100 ETF
QQQM - US46138G6492 33.00% -
VT Vanguard Total Stock Market Index Fund ETF Shares
VTI - US9229087690 10.00%
This “portfolio” is really three ways of buying the same US stock market, then turbocharging it with the Nasdaq 100. It looks diversified on the surface — three tickers, nice brand names — but structurally it’s a stack of overlapping vanilla with extra sugar on top. The S&P 500 dominates, the Nasdaq 100 adds a tech-heavy booster, and the total market ETF is basically a slightly different angle on the same picture. The diversification score of 2/5 is generous; this is more remix than orchestra. In practice, returns are going to be driven by the same crowd of US giants wearing slightly different ETF jerseys.
Growth
Historically, this thing has been on a joyride: $1,000 turning into $2,346 and a 16.54% CAGR looks heroic on a chart. CAGR — compound annual growth rate — is basically the “average speed” of the trip, and here it just edges the US market and comfortably beats global. But that max drawdown of almost -28% with nearly two years to fall and recover shows the hangover. Performance is great when tech is partying; less fun when the DJ cuts the music. And remember, past performance is yesterday’s weather: nice to know it was sunny, zero guarantee about tomorrow’s storm.
Projection
The Monte Carlo projection throws 1,000 different futures at this portfolio and asks, “How ugly or awesome could this get?” Median outcome of $2,732 after 15 years on $1,000 looks fine, but the possible range is wild: from losing money ($935) to looking like a genius ($7,642). Simulations like this are more vibe-check than prophecy — they assume the future rhymes with the past. The 73.5% chance of a positive result is decent, but the spread screams “equity rollercoaster,” especially for something this concentrated in one market and a few dominant growth names.
Asset classes
- Stocks 100%
Asset classes: 100% stocks, 0% everything else. This isn’t a portfolio; it’s an equity monologue. No bonds, no cash buffer, no diversifiers — just pure stock-market mood swings. That’s fine if the goal is to feel every twist of the equity market in real time, but it leaves no knobs to turn when volatility spikes. Asset allocation is usually the big-picture safety net; here the net has been set on fire and replaced with “number go up… hopefully.” The risk score of 5/7 makes sense: this is structurally built to soar or sulk, with nothing in between.
Sectors
- Technology 42%
- Telecommunications 12%
- Consumer Discretionary 11%
- Financials 8%
- Health Care 7%
- Industrials 7%
- Consumer Staples 6%
- Energy 3%
- Utilities 2%
- Basic Materials 2%
- Real Estate 1%
Sector exposure is basically: tech runs the show and everyone else is a side character. Technology at 42% plus another chunky slice in related growthy areas is a clear tilt, not an accident. Telecom at 12% and consumer discretionary at 11% pile more weight into “future-y” stuff rather than boring, defensive plodders. Calling this “diversified by sector” is like calling a rock festival diversified because there’s one acoustic set. When tech and growth get hit, this portfolio doesn’t just catch a cold; it joins the ICU rotation. Sector risk is very much being cosplayed as innovation.
Regions
- North America 99%
- Europe Developed 1%
Geography: 99% North America. That “global” feeling is entirely imagined. This thing behaves like it believes the rest of the world is a rounding error. One percent in developed Europe is basically a courtesy cameo. When the US booms, this looks smart; when the US stumbles, there is nowhere to hide. Geographic diversification usually smooths out country-specific drama — politics, regulation, currency shocks. Here, if something systemic hits the US market, the whole portfolio just goes along for the ride, handcuffed to the same local headlines and central bank decisions.
Market capitalization
- Mega-cap 49%
- Large-cap 34%
- Mid-cap 16%
- Small-cap 1%
Market cap breakdown screams “big boys only.” With 49% in mega-caps and 34% in large-caps, this portfolio basically worships the corporate oligarchy. Mid-caps get a polite nod at 16%, while small caps sit in the corner at 1% wondering why they were invited. This bias makes the portfolio feel stable until the giants move together — then everything shakes at once. Mega-caps can be safer individually, but when they dominate, they become a single, massive factor bet. The result is a portfolio that tracks the fate of a small club of huge companies more than a broad market.
True holdings
-
NV NVIDIA Corporation 8.22%
Part of fund(s):- Invesco NASDAQ 100 ETF
- Vanguard S&P 500 ETF
- Vanguard Total Stock Market Index Fund ETF Shares
-
AA Apple Inc 6.61%
Part of fund(s):- Invesco NASDAQ 100 ETF
- Vanguard S&P 500 ETF
- Vanguard Total Stock Market Index Fund ETF Shares
-
MS Microsoft Corporation 4.87%
Part of fund(s):- Invesco NASDAQ 100 ETF
- Vanguard S&P 500 ETF
- Vanguard Total Stock Market Index Fund ETF Shares
-
AM Amazon.com Inc 4.30%
Part of fund(s):- Invesco NASDAQ 100 ETF
- Vanguard S&P 500 ETF
- Vanguard Total Stock Market Index Fund ETF Shares
-
GO Alphabet Inc Class A 3.65%
Part of fund(s):- Invesco NASDAQ 100 ETF
- Vanguard S&P 500 ETF
- Vanguard Total Stock Market Index Fund ETF Shares
-
AV Broadcom Inc 3.23%
Part of fund(s):- Invesco NASDAQ 100 ETF
- Vanguard S&P 500 ETF
- Vanguard Total Stock Market Index Fund ETF Shares
-
GO Alphabet Inc Class C 3.06%
Part of fund(s):- Invesco NASDAQ 100 ETF
- Vanguard S&P 500 ETF
- Vanguard Total Stock Market Index Fund ETF Shares
-
TS Tesla Inc 2.34%
Part of fund(s):- Invesco NASDAQ 100 ETF
- LS 1x Tesla Tracker ETP Securities GBP
- Vanguard S&P 500 ETF
- Vanguard Total Stock Market Index Fund ETF Shares
-
ME Meta Platforms Inc. 1.43%
Part of fund(s):- Vanguard S&P 500 ETF
- Vanguard Total Stock Market Index Fund ETF Shares
-
MU Micron Technology Inc 1.30%
Part of fund(s):- Invesco NASDAQ 100 ETF
- Top 10 total 39.00%
The look-through holdings make the overlap problem painfully obvious. NVIDIA at 8.22%, Apple at 6.61%, Microsoft at 4.87%, Amazon at 4.30%, Alphabet in two share classes over 6.7% total — this is not subtle. You’re essentially holding the same celebrity stocks through multiple wrappers and calling it diversification. And that’s just from the top 10 ETF holdings; real overlap is almost certainly worse. It’s like subscribing to three streaming services and mostly watching the same show on each. Hidden concentration means one bad earnings season from these giants hits everything at once.
Factors
Factor exposure is almost suspiciously neutral across the board: value, size, momentum, quality, yield, low volatility — all hovering around “meh, market-like.” Factor investing is basically identifying which hidden themes (cheap vs expensive, big vs small, calm vs wild) you’re leaning into. Here, despite the obvious love affair with US tech and mega-caps, the factor profile says “generic market.” That happens when broad index funds dominate. The irony: under the hood, specific companies dominate returns, but the factor lens politely shrugs and calls it balanced. The recipe looks normal; the flavor is anything but.
Risk contribution
-
Vanguard S&P 500 ETF
Weight: 57.00% 51.5% -
Invesco NASDAQ 100 ETF
Weight: 33.00% 39.2% -
Vanguard Total Stock Market Index Fund ETF Shares
Weight: 10.00% 9.3%
Risk contribution confirms the obvious: three holdings, 100% of the risk. The S&P 500 fund carries just over half the total risk, the Nasdaq 100 punches above its weight at 39% of risk from 33% of capital, and the total market fund quietly adds around 9%. Risk contribution is like asking, “Who’s actually shaking this boat?” and the answer is: a tiny list of tickers. The Nasdaq slice doing more risk work than its size suggests shows how spicy that exposure really is. This is a concentrated risk structure in passive-clothing.
Redundant positions
-
High correlationVanguard Total Stock Market Index Fund ETF SharesVanguard S&P 500 ETF
The correlation section may as well read: “These two funds are basically twins.” The S&P 500 ETF and the total US market ETF move almost identically, which is not shocking because they own dramatically overlapping sets of companies. Correlation is just a fancy way of saying “how often do these things move together,” and here the answer is “nearly always.” Holding both as if they’re meaningful diversifiers is like owning two copies of the same book in different covers. When markets crash, these don’t hedge each other; they just fall in synchronized disappointment.
Risk vs. return
This chart shows the Efficient Frontier, calculated using your current assets with different allocation combinations. It highlights the best balance between risk and return based on historical data. "Efficient" portfolios maximize returns for a given risk or minimize risk for a given return. Portfolios below the curve are less efficient. This is informational and not a recommendation to buy or sell any assets.
Click on the colored dots to explore allocations.
On risk vs return, this portfolio actually lands near the efficient frontier, with a Sharpe ratio of 0.71 versus 0.92 for the optimal mix of the same funds. The efficient frontier is the curve of “best possible trade-offs” using the current ingredients. Being near it means the current weights aren’t wildly inefficient; the math is reasonably tight even if the concept is narrow. Translation: within this tiny universe of highly similar US equity funds, the setup is pretty well tuned. It’s a fast car driven in a straight line — impressive speed, zero creativity about where to go.
Dividends
- Invesco NASDAQ 100 ETF 0.40%
- Vanguard S&P 500 ETF 1.00%
- Vanguard Total Stock Market Index Fund ETF Shares 1.00%
- Weighted yield (per year) 0.80%
Dividend yield at 0.80% is firmly in “don’t quit your day job” territory. Income here is an afterthought; almost all the heavy lifting is price growth, not cash payouts. For context, yield is just how much cash the holdings spit out yearly, and this portfolio’s answer is “not much.” With a tech-heavy, growthy tilt, that’s predictable — these companies prefer reinvesting over sharing. If someone was hoping for meaningful passive income, this is closer to a “maybe buy a sandwich once in a while” setup. The strategy is clearly capital appreciation, not paycheck replacement.
Ongoing product costs
- Invesco NASDAQ 100 ETF 0.15%
- Vanguard S&P 500 ETF 0.03%
- Vanguard Total Stock Market Index Fund ETF Shares 0.03%
- Weighted costs total (per year) 0.07%
Costs are the one area where this setup looks almost annoyingly competent. A total expense ratio of 0.07% is bargain-bin cheap. TER is the annual “cover charge” for owning the funds, and here it’s basically sofa-cushion money. The Invesco Nasdaq 100 ETF is the priciest at 0.15%, but even that is hardly offensive. This is the classic case of paying almost nothing to own a very specific, very concentrated bet. Fees aren’t the problem; what you’re getting so efficiently is a narrow, overlapping slice of the same market with a giant tech halo.
What next?
Ready to invest in this portfolio?
Select a broker that fits your needs and watch for low fees to maximize your returns.
Create your own report?
Join our community!
The information provided on this platform is for informational purposes only and should not be considered as financial or investment advice. Insightfolio does not provide investment advice, personalized recommendations, or guidance regarding the purchase, holding, or sale of financial assets. The tools and content are intended for educational purposes only and are not tailored to individual circumstances, financial needs, or objectives.
Insightfolio assumes no liability for the accuracy, completeness, or reliability of the information presented. Users are solely responsible for verifying the information and making independent decisions based on their own research and careful consideration. Use of the platform should not replace consultation with qualified financial professionals.
Investments involve risks. Users should be aware that the value of investments may fluctuate and that past performance is not an indicator of future results. Investment decisions should be based on personal financial goals, risk tolerance, and independent evaluation of relevant information.
Insightfolio does not endorse or guarantee the suitability of any particular financial product, security, or strategy. Any projections, forecasts, or hypothetical scenarios presented on the platform are for illustrative purposes only and are not guarantees of future outcomes.
By accessing the services, information, or content offered by Insightfolio, users acknowledge and agree to these terms of the disclaimer. If you do not agree to these terms, please do not use our platform.
Instrument logos provided by Elbstream.
Help us improve Insightfolio
Your feedback makes a difference! Share your thoughts in our quick survey. Take the survey