Roast mode 🔥

Factor-obsessed global mashup that is smarter than it looks but not as clever as it thinks

Report created on Apr 14, 2026

Risk profile

  • Secure
    Speculative

The risk profile, derived from past market volatility, reflects the level of risk the portfolio is exposed to. This assessment helps align your investments with your financial goals and comfort with market fluctuations.

Diversification profile

  • Focused
    Diversified

The diversification assessment evaluates the spread of investments across asset classes, regions, and sectors. This ensures a balanced mix, reducing risk and maximizing returns by not concentrating in any single area.

Positions

Structurally, this portfolio is the financial version of “three interesting ideas and one copy of the market.” You’ve got a big chunky 40% in an all-world ETF, which already owns everything, then you layer on a dedicated S&P 500 ETF plus two factor funds for Europe and emerging markets. It’s like ordering the tasting menu and then adding extra side dishes of the same thing. The overall mix screams “I want global exposure but also want to feel smart with factor tilts.” The takeaway: composition is fine, but the overlap between global and US-heavy funds suggests more complexity than actual additional diversification.

Growth Info

Historically, this thing has absolutely flown. Turning €1,000 into €1,663 in under three years with a 23.09% CAGR is not normal, it’s “enjoy it while it lasts” territory. You beat both the US and Global benchmarks by about 5% per year, which is the kind of outperformance that usually comes with a catch. The max drawdown of -19.32% was sharp but not outrageous; the bounce-back in four months shows decent resilience so far. Just remember: this is a very short, very lucky window. Past data is like yesterday’s weather — useful for packing a jacket, terrible for predicting next year’s hurricane season.

Projection Info

The Monte Carlo simulation — basically a thousand random “what if the market went this way?” alternate universes — says the future is… probably okay-ish, but not magical. Median outcome: €1,000 becomes around €2,741 in 15 years, which is decent but nowhere close to the recent turbo-charged performance. The likely range (€1,777–€4,073) quietly hints that your historical 20%+ annual run is a phase, not a lifestyle. Also, there’s still a non-trivial chance you end up near where you started. Simulations are like financial weather models: they tell you you’ll see sun and storms, but not which exact day you’ll get soaked.

Asset classes Info

  • Stocks
    100%

Asset classes: 100% stocks. No bonds, no cash, no diversifiers — just pure equity rollercoaster. For something labeled “Balanced,” this is more like “Emotionally Balanced, financially fully in equities.” If the idea is long-term growth and you can stomach the swings, fine, but there’s zero shock absorber here. When markets go up, you’ll feel like a genius; when they go down, you get the entire punch to the face. Takeaway: this setup is for someone who relies on time and nerves as their only safety net, not asset-class diversification.

Sectors Info

  • Technology
    25%
  • Financials
    21%
  • Industrials
    14%
  • Consumer Discretionary
    8%
  • Health Care
    7%
  • Telecommunications
    6%
  • Basic Materials
    6%
  • Energy
    4%
  • Utilities
    4%
  • Consumer Staples
    4%
  • Real Estate
    1%

Sector-wise, this is a tech-and-finance power duo with tech at 25% and financials at 21%. Basically, you’re betting big on the systems that run the world and the people who charge fees on those systems. Industrials and a sprinkling of everything else are there mostly for decoration. The tilt toward tech means you’re heavily exposed to growth narratives, hype cycles, and “AI will solve everything” optimism. Financials add rate and credit sensitivity. If both get punched together — not exactly rare — the portfolio gets hit from two sides. Takeaway: you’re not wildly off the rails, but this is not sector-agnostic; it has definite favorites.

Regions Info

  • North America
    41%
  • Europe Developed
    31%
  • Asia Developed
    12%
  • Asia Emerging
    8%
  • Latin America
    3%
  • Japan
    2%
  • Africa/Middle East
    1%
  • Europe Emerging
    1%
  • Australasia
    1%

Geographically, this is actually… pretty sane. About 41% North America, 31% developed Europe, and a solid spread across Asia, emerging regions, and even tiny slivers of everywhere else. For a European setup, this is surprisingly grown-up: no wild home bias, no “all-in on the US because Twitter likes it.” This is one of those rare cases where the global allocation looks like someone read a book instead of a forum thread. The roast here is mild: for all the factor and ETF gymnastics, the end result is basically “reasonably diversified global equity,” which you could have achieved with far fewer moving parts.

Market capitalization Info

  • Mega-cap
    52%
  • Large-cap
    35%
  • Mid-cap
    12%

Market cap exposure is heavily skewed toward giants: 52% mega-cap, 35% large-cap, 12% mid-cap, and essentially zero small-cap spice. This is the financial equivalent of eating only at big-brand chains — safe, familiar, and unlikely to surprise you, but not exactly adventurous. The upside: these companies tend to be more liquid and resilient in crises. The downside: you’re missing the part of the market where some of the future winners are still unknown and cheap. Takeaway: this is a big-company comfort blanket portfolio, with very little exposure to the scrappy upstarts.

True holdings Info

  • NVIDIA Corporation
    3.02%
    Part of fund(s):
    • SPDR S&P 500 UCITS ETF USD Acc EUR
    • SSgA SPDR ETFs Europe I Public Limited Company - SPDR MSCI ACWI UCITS ETF
  • Taiwan Semiconductor Manufacturing Co. Ltd.
    2.70%
    Part of fund(s):
    • SSgA SPDR ETFs Europe I Public Limited Company - SPDR MSCI ACWI UCITS ETF
    • iShares Edge MSCI EM Value Factor UCITS ETF USD (Acc) USD
  • Apple Inc
    2.61%
    Part of fund(s):
    • SPDR S&P 500 UCITS ETF USD Acc EUR
    • SSgA SPDR ETFs Europe I Public Limited Company - SPDR MSCI ACWI UCITS ETF
  • Microsoft Corporation
    1.84%
    Part of fund(s):
    • SPDR S&P 500 UCITS ETF USD Acc EUR
    • SSgA SPDR ETFs Europe I Public Limited Company - SPDR MSCI ACWI UCITS ETF
  • Amazon.com Inc
    1.49%
    Part of fund(s):
    • SPDR S&P 500 UCITS ETF USD Acc EUR
    • SSgA SPDR ETFs Europe I Public Limited Company - SPDR MSCI ACWI UCITS ETF
  • Alphabet Inc Class A
    1.22%
    Part of fund(s):
    • SPDR S&P 500 UCITS ETF USD Acc EUR
    • SSgA SPDR ETFs Europe I Public Limited Company - SPDR MSCI ACWI UCITS ETF
  • Banco Santander S.A.
    1.22%
    Part of fund(s):
    • iShares Edge MSCI Europe Momentum Factor UCITS ETF EUR (Acc)
  • ASML Holding N.V.
    1.14%
    Part of fund(s):
    • iShares Edge MSCI Europe Momentum Factor UCITS ETF EUR (Acc)
  • HSBC Holdings PLC
    1.10%
    Part of fund(s):
    • iShares Edge MSCI Europe Momentum Factor UCITS ETF EUR (Acc)
  • Broadcom Inc
    1.06%
    Part of fund(s):
    • SPDR S&P 500 UCITS ETF USD Acc EUR
    • SSgA SPDR ETFs Europe I Public Limited Company - SPDR MSCI ACWI UCITS ETF
  • Top 10 total 17.41%

The look-through holdings reveal the usual celebrity lineup: NVIDIA, Apple, Microsoft, Amazon, TSMC, Alphabet, Broadcom — the standard “tech royalty plus friends” package. The twist is you think you’ve got a sophisticated factor approach, but you still end up worshipping at the altar of megacap tech like everyone else. Because only ETF top-10s are visible, the overlap is almost certainly bigger than it looks. That hidden concentration means your fate is heavily tied to a small club of giants. Takeaway: even with fancy factor labels, the underlying reality is still “Big Tech plus some garnish.”

Risk contribution Info

  • SSgA SPDR ETFs Europe I Public Limited Company - SPDR MSCI ACWI UCITS ETF
    Weight: 40.00%
    38.6%
  • iShares Edge MSCI Europe Momentum Factor UCITS ETF EUR (Acc)
    Weight: 25.00%
    25.7%
  • iShares Edge MSCI EM Value Factor UCITS ETF USD (Acc) USD
    Weight: 20.00%
    21.0%
  • SPDR S&P 500 UCITS ETF USD Acc EUR
    Weight: 15.00%
    14.7%

Risk contribution is where the quiet drama lives. The top three positions — ACWI, Europe Momentum, EM Value — make up 85.27% of total portfolio risk. Translation: almost all the emotional turbulence in this thing comes from those three funds, with the S&P 500 ETF just vibing alongside. The ratios of risk to weight are fairly even, so nothing is insanely over-leveraged, but don’t be fooled by four holdings looking “balanced.” One bad run in momentum or emerging value and your risk experience will feel very concentrated. Trimming or reweighting isn’t about more funds, just deciding which drivers you actually want in the front seat.

Redundant positions Info

  • SSgA SPDR ETFs Europe I Public Limited Company - SPDR MSCI ACWI UCITS ETF
    SPDR S&P 500 UCITS ETF USD Acc EUR
    High correlation

The correlation between the S&P 500 ETF and the global ACWI ETF is high enough that holding both is borderline cosmetic. They move almost identically, which means in a real crash they’ll likely drop together like synchronized divers. Correlation is basically “how often do these two things have the same mood?” and here the mood is very aligned. Adding overlapping funds doesn’t make you safer; it just makes the spreadsheet longer. Takeaway: diversification is about owning things that behave differently, not owning multiple versions of the same market in slightly different packaging.

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 the risk–return chart, this portfolio is actually sitting right on or very near the efficient frontier. The Sharpe ratio — your payoff per unit of pain — is 1.3, with the optimal mix at 1.72 and a min-variance option at 1.39. Translation: you’re not leaving obvious free money on the table given these building blocks. Could a different weighting squeeze out better risk-adjusted returns? Yes. But for a four-ETF setup, you’ve landed in the “respectable and efficient” zone, not the clown corner. Grudging credit: this is one of the rare cases where the structure is messy, but the overall tradeoff is actually decent.

Ongoing product costs Info

  • iShares Edge MSCI EM Value Factor UCITS ETF USD (Acc) USD 0.40%
  • iShares Edge MSCI Europe Momentum Factor UCITS ETF EUR (Acc) 0.25%
  • SSgA SPDR ETFs Europe I Public Limited Company - SPDR MSCI ACWI UCITS ETF 0.45%
  • Weighted costs total (per year) 0.32%

Costs are… annoyingly reasonable. A total TER of 0.32% for a portfolio with factor tilts and global reach is solid, even if the 0.45% on the ACWI fund is a bit on the fancy side. You’re paying slightly premium prices for smart-beta branding and global one-stop-shop packaging, but nothing outrageous. This is more “nice restaurant once a year” than “burning money on bottle service.” The mild roast: similar exposures could probably be achieved a bit cheaper with fewer funds, but at least you didn’t wander into 1%+ territory, which is where wallets go to die slowly.

What next?

Create your own report?

Analyze your portfolio

Join our community!

Join Discord

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