Globally diversified stock portfolio with strong momentum tilt and efficient but growth leaning risk profile
Report created on Mar 26, 2026Risk 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
-
VW Vanguard FTSE All-World UCITS ETF USD Accumulation
VWCE - IE00BK5BQT80 80.00% -
SX iShares FTSE MIB UCITS
SXRY - IE00B53L4X51 10.00% -
IJ iShares MSCI Japan EUR Hedged UCITS
IJPE - IE00B42Z5J44 10.00%
The structure is very clean: three equity ETFs only, with about 80% in a broad global fund and 20% split between Italy and hedged Japan. Everything is in stocks, with no bonds or alternatives. This makes the portfolio very easy to monitor and rebalance, and the core global ETF does most of the heavy lifting. A simple structure like this reduces the chance of overlap confusion or style drift over time. The main implication is that risk and return are driven almost entirely by global equity markets, so short-term ups and downs can be meaningful, but long-term growth potential is high.
Growth
From mid‑2019 to early‑2026, the €1,000 example grew to about €2,147, giving a compound annual growth rate (CAGR) of 12.89%. CAGR is like your average speed on a long trip, smoothing out bumps. This sits between the US market reference (13.45%) and the global market reference (11.19%), which is a very solid result. The maximum drawdown of −32.9% is slightly milder than both references, showing the declines were not unusually severe. This pattern suggests the mix has captured strong equity returns while keeping downside broadly in line with global stocks, which is reassuring for a balanced‑risk equity portfolio.
Projection
The Monte Carlo projection simulates 1,000 possible futures by remixing patterns from past returns to see a range of outcomes. It’s like running the next 10 years in a thousand parallel universes, based on what markets have done before. The median scenario turns €1,000 into about €5,709, while the pessimistic 5th percentile roughly doubles the capital. An annualized 16.36% across simulations is very strong, but it relies on historical behaviour repeating, which is never guaranteed. The high share of positive outcomes underlines the growth potential of a 100% equity mix, but also reminds that actual future returns could be lower if markets change regime.
Asset classes
- Stocks 100%
All capital is in stocks, with no bonds, cash, or alternative assets reaching the 2% reporting threshold. That makes the diversification score of 4/5 impressive, showing that broad equity exposure alone can still be well spread. However, asset-class diversification is limited: when global equities fall, there is nothing here designed to offset those drops. This is suitable for investors who accept equity-like volatility in pursuit of growth. For someone wanting smoother rides or shorter‑term security, adding more stable assets outside this portfolio could help, but within the equity sleeve this is a focused, growth‑oriented allocation.
Sectors
- Technology 23%
- Financials 19%
- Industrials 13%
- Consumer Discretionary 10%
- Health Care 8%
- Telecommunications 8%
- Consumer Staples 5%
- Energy 4%
- Utilities 4%
- Basic Materials 4%
- Real Estate 2%
Sector exposure is broad: technology leads at 23%, followed by financials, industrials, consumer cyclicals, healthcare, communication services, and a full spread across defensive and cyclical areas. This looks quite similar to many global equity benchmarks, which is a strong indicator of sensible diversification. A tilt toward technology and financials means results will be sensitive to innovation cycles and interest‑rate or credit conditions. Tech‑heavy allocations can shine in periods of growth and low rates but may be more volatile when rates rise or when regulation tightens. Overall, the sector balance is healthy and aligns well with global standards.
Regions
- North America 51%
- Europe Developed 21%
- Japan 15%
- Asia Developed 5%
- Asia Emerging 4%
- Australasia 1%
- Africa/Middle East 1%
- Latin America 1%
Geographically, about half the portfolio is in North America, with meaningful exposure to developed Europe, Japan, and smaller slices of other regions. This is quite close to global market weights, giving broad participation in worldwide growth without a big home‑country bias. Such alignment helps avoid over‑betting on any single region’s political or economic outlook. The dedicated Italy and hedged Japan positions modestly tilt the portfolio toward those markets, adding some differentiation from a pure global index. This mix offers a good balance between benefiting from dominant markets and still having exposure to other developed and emerging economies.
Market capitalization
- Mega-cap 49%
- Large-cap 35%
- Mid-cap 16%
Market‑cap exposure is firmly tilted to the largest companies: 49% mega‑caps, 35% big caps, and 16% mid‑caps. This mirrors typical global equity benchmarks where giants dominate index weightings. Larger companies tend to be more stable, profitable, and widely followed, which can mean somewhat lower volatility than a small‑cap‑heavy approach. The trade‑off is potentially less exposure to small‑company growth surprises. For many investors, this large‑cap focus is a positive, as it concentrates on established businesses with deeper liquidity. The existing mid‑cap slice still adds some extra growth potential without drastically increasing risk.
True holdings
-
NV NVIDIA Corporation 3.37%
Part of fund(s):- Vanguard FTSE All-World UCITS ETF USD Accumulation
-
AA Apple Inc 3.13%
Part of fund(s):- Vanguard FTSE All-World UCITS ETF USD Accumulation
-
MS Microsoft Corporation 2.37%
Part of fund(s):- Vanguard FTSE All-World UCITS ETF USD Accumulation
-
AM Amazon.com Inc 1.64%
Part of fund(s):- Vanguard FTSE All-World UCITS ETF USD Accumulation
-
UC UniCredit S.p.A. 1.48%
Part of fund(s):- iShares FTSE MIB UCITS
-
GO Alphabet Inc Class A 1.48%
Part of fund(s):- Vanguard FTSE All-World UCITS ETF USD Accumulation
-
IS Intesa Sanpaolo SpA 1.34%
Part of fund(s):- iShares FTSE MIB UCITS
-
23 Taiwan Semiconductor Manufacturing Co. Ltd. 1.26%
Part of fund(s):- Vanguard FTSE All-World UCITS ETF USD Accumulation
-
AV Broadcom Inc 1.20%
Part of fund(s):- Vanguard FTSE All-World UCITS ETF USD Accumulation
-
GO Alphabet Inc Class C 1.20%
Part of fund(s):- Vanguard FTSE All-World UCITS ETF USD Accumulation
- Top 10 total 18.47%
Looking through the ETFs, the top underlying exposures show familiar global leaders: NVIDIA, Apple, Microsoft, Amazon, Alphabet, TSMC, Broadcom and large Italian banks. Coverage of look‑through data is only about 31%, so overlap is probably higher than it appears. Still, having the same big companies appear via multiple ETFs can create hidden concentration in mega‑cap growth names. This is not inherently bad, but it means performance is especially tied to a relatively small group of global giants. A takeaway is that, even with diversified ETFs, it’s worth being aware that a few very large companies can drive a big share of returns and risk.
Factors
Factor exposure data points to strong momentum and a smaller tilt toward size. Momentum means favouring stocks that have performed well recently, a pattern that has historically added returns when trends persist. Size exposure suggests some lean toward smaller companies compared to a pure mega‑cap market average. Factor investing treats these traits as ingredients that help explain behaviour over time. A pronounced momentum tilt can boost returns in rising, trending markets but may suffer more in sharp reversals when yesterday’s winners lag. Since coverage is only partial, the precise tilts are approximate, but the growth‑oriented character is clear.
Risk contribution
-
Vanguard FTSE All-World UCITS ETF USD Accumulation
Weight: 80.00% 79.3% -
iShares FTSE MIB UCITS
Weight: 10.00% 10.7% -
iShares MSCI Japan EUR Hedged UCITS
Weight: 10.00% 10.0%
Risk contribution measures how much each position drives overall volatility, not just how big it is. Here, the global ETF at 80% weight contributes roughly the same share of risk, which is very proportional. The Italian and Japanese ETFs each add about 10% of total risk, closely matching their weights and showing no single satellite position is dominating the risk profile. This balanced pattern means the portfolio behaves much like the underlying weightings suggest, without hidden hot spots. Adjusting the relative sizes of these three funds would therefore be a straightforward way to fine‑tune future risk and return.
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 risk‑return analysis shows the current allocation sits on the efficient frontier, meaning that for its specific mix of holdings, the weights are already efficient. The Sharpe ratio of 0.67 is slightly lower than the minimum‑variance option but below the optimal Sharpe portfolio, which would take somewhat more risk for higher expected return. Same‑risk optimization with different weights could push expected return higher, but also nudges volatility up. Since the portfolio is on the frontier, there is no obvious inefficiency; any change would mainly be about choosing a different balance between risk and expected growth, rather than fixing a flaw.
Ongoing product costs
- iShares FTSE MIB UCITS 0.33%
- Vanguard FTSE All-World UCITS ETF USD Accumulation 0.19%
- iShares MSCI Japan EUR Hedged UCITS 0.64%
- Weighted costs total (per year) 0.25%
The overall cost level is impressively low, with a total ongoing charge (TER) of around 0.25%. TER is like a yearly service fee charged inside the funds, quietly reducing returns if it’s high. The largest position is in a very low‑cost global ETF at 0.19%, which anchors the portfolio efficiently. The Italy fund is moderate at 0.33%, and the hedged Japan fund is pricier at 0.64%, reflecting the extra cost of currency hedging. Keeping the bulk of assets in cheap broad exposure is a strong long‑term choice, as every 0.1% saved in fees compounds over decades.
What next?
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