Roast mode 🔥

A world tracker in denial trying very hard to be clever with value sprinkles

Report created on May 13, 2026

Risk profile Info

4/7
Balanced
Less risk More risk

Diversification profile Info

4/5
Broadly Diversified
Less diversification More diversification

Positions

This portfolio is basically a global index fund that got bored and started cosplaying as a factor investor. Half the money is in a plain-vanilla global tracker, then 20% in the S&P 500, which heavily overlaps it, and the remaining 30% is split between two value factor funds. Structurally it’s a “one fund is enough” portfolio that refused to stop at one. The S&P 500 layer mostly doubles down on what the ACWI ETF already owns, while the value funds try to tug the whole thing in a different direction. Net effect: a simple core, then extra complexity whose main job is to make the pie chart look smarter than it is.

Growth Info

Historically this thing has absolutely flown: turning €1,000 into €1,736 in under three years and clocking a 24.47% CAGR. That’s turbo-charged compared with both the US and global benchmarks, which it beat by around 3.7 percentage points a year. Of course, it didn’t do this politely — a -20.79% max drawdown is a proper stomach-drop, even if it bounced back in about five months. Also, 90% of gains came from just 25 days, meaning most of the time it looked kind of average and then randomly showed off. Past data here is basically a highlight reel, not a guarantee the sequel looks the same.

Projection Info

The Monte Carlo projection tries to answer the “what if markets stop playing nice?” question with 1,000 simulated futures. Median outcome: €1,000 becomes about €2,679 over 15 years, which is decent but nowhere near the recent glory. The likely middle range is wide (€1,807–€4,219), and in the ugly-but-not-apocalypse zone you could end up barely breaking even at €987. That 8.11% simulated annual return is the boring grown-up version of the historical 24% joyride. Translation: the model is quietly saying, “Don’t get used to those last few years; they were probably the exception, not the rule.”

Asset classes Info

  • Stocks
    100%

Asset class “diversification” here is easy to describe: there isn’t any. It’s 100% stocks, all the time, no bonds, no cash buffer, no alternatives. That’s fine as long as everyone remembers that “balanced” in the risk label is basically marketing spin here, not a reflection of the actual holdings. A portfolio with only one asset class behaves like… one asset class. When stocks party, it looks brilliant. When stocks sulk, everything sulks at once. There’s no built-in shock absorber, no safety lane — just a single bet that the equity rollercoaster is a ride worth staying on.

Sectors Info

  • Technology
    33%
  • Financials
    15%
  • Consumer Discretionary
    9%
  • Industrials
    9%
  • Telecommunications
    8%
  • Health Care
    7%
  • Energy
    5%
  • Consumer Staples
    4%
  • Basic Materials
    4%
  • Utilities
    2%
  • Real Estate
    2%

Sector-wise, this portfolio claims to be diversified, then quietly hands a third of the wheel to technology. At 33%, tech is the main character, with financials a distant support act at 15% and everything else playing background extras. For a “value-tilted” portfolio, it’s funny how much it still worships the usual mega-growth darlings via the core funds. This is what happens when you bolt value ETFs onto broad indices packed with high-flying tech — the core index keeps dragging you back into the glamour names. So yes, many sectors are present, but one of them clearly has VIP access.

Regions Info

  • North America
    61%
  • Europe Developed
    11%
  • Asia Developed
    11%
  • Asia Emerging
    7%
  • Japan
    5%
  • Latin America
    2%
  • Africa/Middle East
    1%
  • Australasia
    1%
  • Europe Emerging
    1%

Geographically, this is a planet-shaped portfolio that still thinks the sun rises in North America and sets there too. With 61% in North America, the rest of the world is basically colour commentary: Europe Developed at 11%, Asia Developed another 11%, and Emerging Asia at a token 7%. The so-called global exposure is really just a polite way of saying “US plus some side quests.” For a European-based investor, it’s awkwardly ironic: home region gets a modest slice while the US hogs center stage. The map looks global enough on a slide, but the economic bets are heavily one-sided.

Market capitalization Info

  • Mega-cap
    48%
  • Large-cap
    36%
  • Mid-cap
    15%
  • Small-cap
    1%

Market-cap distribution here screams “index hugger with a conscience.” Almost half the portfolio is in mega-caps, another 36% in large-caps, and mid-caps get a small 15% cameo. Small-caps barely exist at 1%, like they wandered in by accident. So despite the value-factor branding on part of the portfolio, there’s no real size tilt — this is still very much a big-company popularity contest. The giants dominate behaviour: when mega-caps sneeze, this portfolio catches a cold. That makes the ride smoother than a small-cap circus, but also means a lot of the outcome depends on the mood swings of the global corporate elite.

True holdings Info

  • NVIDIA Corporation
    3.96%
    Part of fund(s):
    • SSgA SPDR ETFs Europe I Public Limited Company - SPDR MSCI ACWI UCITS ETF
    • State Street SPDR S&P 500 UCITS ETF (Acc)
  • Apple Inc
    3.34%
    Part of fund(s):
    • SSgA SPDR ETFs Europe I Public Limited Company - SPDR MSCI ACWI UCITS ETF
    • State Street SPDR S&P 500 UCITS ETF (Acc)
  • Taiwan Semiconductor Manufacturing Co. Ltd.
    2.47%
    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
  • Microsoft Corporation
    2.43%
    Part of fund(s):
    • SSgA SPDR ETFs Europe I Public Limited Company - SPDR MSCI ACWI UCITS ETF
    • State Street SPDR S&P 500 UCITS ETF (Acc)
  • Amazon.com Inc
    2.00%
    Part of fund(s):
    • SSgA SPDR ETFs Europe I Public Limited Company - SPDR MSCI ACWI UCITS ETF
    • State Street SPDR S&P 500 UCITS ETF (Acc)
  • Alphabet Inc Class A
    1.71%
    Part of fund(s):
    • SSgA SPDR ETFs Europe I Public Limited Company - SPDR MSCI ACWI UCITS ETF
    • State Street SPDR S&P 500 UCITS ETF (Acc)
  • Broadcom Inc
    1.47%
    Part of fund(s):
    • SSgA SPDR ETFs Europe I Public Limited Company - SPDR MSCI ACWI UCITS ETF
    • State Street SPDR S&P 500 UCITS ETF (Acc)
  • Alphabet Inc Class C
    1.42%
    Part of fund(s):
    • SSgA SPDR ETFs Europe I Public Limited Company - SPDR MSCI ACWI UCITS ETF
    • State Street SPDR S&P 500 UCITS ETF (Acc)
  • Meta Platforms Inc.
    1.12%
    Part of fund(s):
    • SSgA SPDR ETFs Europe I Public Limited Company - SPDR MSCI ACWI UCITS ETF
    • State Street SPDR S&P 500 UCITS ETF (Acc)
  • Micron Technology Inc
    1.11%
    Part of fund(s):
    • iShares Edge MSCI World Value Factor UCITS ETF USD (Acc) EUR
  • Top 10 total 21.02%

The look-through holdings reveal the usual suspects running the show: NVIDIA, Apple, Microsoft, Amazon, Alphabet, Meta, TSMC, Broadcom — the whole Magnificent Tech Ensemble. NVIDIA alone sits near 4%, and the rest of the top names stack on top thanks to being held through multiple ETFs. Even with only top-10 ETF data, it’s obvious the same stocks are being bought over and over in different wrappers. Officially it’s “diversified global equity.” Unofficially it’s “mega-cap US tech and friends wearing several ETF disguises.” The overlap is a quiet reminder that owning more funds does not magically equal owning more ideas.

Risk contribution Info

  • SSgA SPDR ETFs Europe I Public Limited Company - SPDR MSCI ACWI UCITS ETF
    Weight: 50.00%
    50.0%
  • State Street SPDR S&P 500 UCITS ETF (Acc)
    Weight: 20.00%
    20.9%
  • iShares Edge MSCI EM Value Factor UCITS ETF USD (Acc) USD
    Weight: 15.00%
    15.5%
  • iShares Edge MSCI World Value Factor UCITS ETF USD (Acc) EUR
    Weight: 15.00%
    13.7%

Risk contribution is the “who’s actually driving this bus” metric, and here it’s almost perfectly proportional. The ACWI ETF is 50% of the weight and basically 50% of the risk. Add the S&P and EM value fund and the top three holdings deliver over 86% of total risk. No single ETF is massively punching above its weight, which is good, but it also means the illusion of choice is thin. The fourth holding barely changes the risk story. Structurally, most of the drama comes from the big, broad core funds — the bells and whistles on top are just background noise on the volatility front.

Redundant positions Info

  • SSgA SPDR ETFs Europe I Public Limited Company - SPDR MSCI ACWI UCITS ETF
    State Street SPDR S&P 500 UCITS ETF (Acc)
    High correlation

Correlation is about how similarly things move — and here your two main funds behave like twins wearing slightly different jackets. The S&P 500 ETF and the ACWI ETF are highly correlated, meaning in a crash they’re likely to fall together, not politely take turns. Having both adds a veneer of complexity without much diversification punch; it’s like owning two versions of the same movie in different formats. When everything’s going up, it feels fine. When markets tank, the “multiple funds” setup won’t suddenly reveal a hidden rescue boat — they’re mostly chained to the same market mood.

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.

The efficient frontier politely points out that this portfolio is leaving free money on the table — using its own ingredients. At the current risk level, it sits about 3.2 percentage points below the frontier, meaning a different mix of the same four ETFs could deliver either more return for the same risk or similar return with less drama. The Sharpe ratio of 1.4 vs. 1.96 for the optimal combo is a pretty loud hint. In plain terms: this is like packing the right gear for a trip, then arranging it in the suitcase in the least efficient way possible.

Ongoing product costs Info

  • iShares Edge MSCI EM Value Factor UCITS ETF USD (Acc) USD 0.40%
  • iShares Edge MSCI World Value Factor UCITS ETF USD (Acc) EUR 0.30%
  • SSgA SPDR ETFs Europe I Public Limited Company - SPDR MSCI ACWI UCITS ETF 0.45%
  • Weighted costs total (per year) 0.33%

Costs are almost suspiciously reasonable: a blended TER of 0.33% for four ETFs, despite ACWI charging a chunky 0.45%. So yes, this isn’t a fee disaster — more like “mildly above rock-bottom because someone picked a pricier global wrapper.” Relative to how generic the exposure is, paying over 0.3% is basically a small tax on convenience and brand comfort. You’re not getting boutique, exotic strategies for that money; you’re paying modestly active-sounding fees for essentially holding the same big global names everyone else does. At least the damage is limited and not full-on “first class price for economy seat.”

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