Indexing with training wheels stuck on and a weird obsession with owning the same thing twice
Report created on May 8, 2026Risk profile
4/7
Diversification profile
4/5
Positions
-
VO Vanguard S&P 500 ETF
VOO - US9229083632 35.00% -
VT Vanguard Total Stock Market Index Fund ETF Shares
VTI - US9229087690 30.00% -
VX Vanguard Total International Stock Index Fund ETF Shares
VXUS - US9219097683 25.00% -
FZ Fidelity Money Market Fund
FZDXX 10.00%
This portfolio looks like someone discovered low-cost indexing and then immediately got scared of commitment. There are three broad stock funds that all more or less own the same global capitalist machine, plus 10% hiding in a money market like it’s 2008 forever. The S&P 500 and Total US Market side by side is basically “vanilla” and “slightly more vanilla” in two different cartons. Structurally it’s simple, but also weirdly redundant: you’re paying to track one story three ways and then diluting it with idle cash. It’s coherent, sure, but it’s also the financial equivalent of buying three nearly identical hoodies.
Growth
Historically, the portfolio has done well in absolute terms and still managed to be the underachiever at the party. Turning $1,000 into $1,704 with a 19.41% CAGR is objectively strong, but both the US market and global market did better over the same period. CAGR is the “average speed” of growth; you drove fast, but the benchmarks drove faster. Max drawdown of -15.76% was milder than the US market dip, so you basically traded some upside for slightly softer pain. Past data is like yesterday’s weather forecast: nice to brag about, useless at guaranteeing tomorrow.
Projection
The Monte Carlo projection politely suggests that the future might not be as exciting as the recent past. Monte Carlo is just a fancy way of rolling the dice on thousands of possible return paths to see where things might land. Median outcome of $2,661 from $1,000 in 15 years at 7.64% annualized is solid but nowhere near the 19% party you’ve just enjoyed. The range from $913 to $6,818 screams “anything could happen.” In other words, the portfolio is built to participate in markets, not perform miracles, and the simulation is a reminder that gravity still exists.
Asset classes
- Stocks 90%
- Cash 10%
Across asset classes, this is 90% stocks and 10% pretending-to-be-a-bond cash. For something labeled “Balanced,” it’s basically an equity portfolio with a small safety blanket. No actual bonds, just a money market position sitting there contributing exactly 0% of the portfolio’s risk and not much excitement to returns either. Think of it as driving a sports car with one foot barely tapping the brake, not an actual balance between growth and stability. The structure screams “growth with minor hesitation,” not true middle-of-the-road balance.
Sectors
- Technology 25%
- Financials 14%
- Cash 10%
- Industrials 10%
- Consumer Discretionary 9%
- Health Care 8%
- Telecommunications 8%
- Consumer Staples 5%
- Energy 4%
- Basic Materials 3%
- Utilities 2%
- Real Estate 2%
This breakdown covers the equity portion of your portfolio only.
Sector-wise, this thing has a clear tech crush at 25%, with financials in second place and everything else trailing behind like background extras. It’s broadly diversified across sectors on paper, but let’s not pretend that 25% in tech isn’t a mood. You’ve essentially hitched a big chunk of your ride to companies that love volatility and narrative swings. Compared to a bland market index, the tilt isn’t insane, but it’s enough that when the tech mood swings hit, this portfolio will feel it. The rest of the sectors are just there to make the pie chart look responsible.
Regions
- North America 67%
- Cash 10%
- Europe Developed 9%
- Japan 4%
- Asia Developed 4%
- Asia Emerging 3%
- Australasia 1%
- Africa/Middle East 1%
- Latin America 1%
This breakdown covers the equity portion of your portfolio only.
Geographically, this is “America first and everyone else gets a participation trophy.” With 67% in North America and only modest exposure elsewhere, the so-called “Total International” position is mostly there to keep the word “global” from being a lie. Europe, Japan, and the rest of the world show up, but barely enough to move the needle. This is basically a US-led story with some international garnish. It’s a very standard home bias, but still: calling this globally diversified is like visiting one other country and saying you’ve “seen the world.”
Market capitalization
- Mega-cap 39%
- Large-cap 29%
- Mid-cap 16%
- Small-cap 3%
- Micro-cap 1%
This breakdown covers the equity portion of your portfolio only.
The market cap mix is heavily tilted to the giants: 39% mega-cap and 29% large-cap means this portfolio worships the biggest names on the board. Mid-caps get a decent cameo, while small and micro caps are almost just a courtesy invite. That’s typical for broad indexes, but it also means most of your fate is tied to a relatively small set of huge companies. You’re not really exploring the full market; you’re mostly betting on the same celebrities everyone else is. If the mega-caps sneeze, this whole portfolio catches a cold almost instantly.
True holdings
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NV NVIDIA Corporation 4.57%
Part of fund(s):- Vanguard S&P 500 ETF
- Vanguard Total Stock Market Index Fund ETF Shares
-
AA Apple Inc 4.11%
Part of fund(s):- Vanguard S&P 500 ETF
- Vanguard Total Stock Market Index Fund ETF Shares
-
MS Microsoft Corporation 3.03%
Part of fund(s):- Vanguard S&P 500 ETF
- Vanguard Total Stock Market Index Fund ETF Shares
-
AM Amazon.com Inc 2.23%
Part of fund(s):- Vanguard S&P 500 ETF
- Vanguard Total Stock Market Index Fund ETF Shares
-
GO Alphabet Inc Class A 1.84%
Part of fund(s):- Vanguard S&P 500 ETF
- Vanguard Total Stock Market Index Fund ETF Shares
-
AV Broadcom Inc 1.62%
Part of fund(s):- Vanguard S&P 500 ETF
- Vanguard Total Stock Market Index Fund ETF Shares
-
GO Alphabet Inc Class C 1.47%
Part of fund(s):- Vanguard S&P 500 ETF
- Vanguard Total Stock Market Index Fund ETF Shares
-
ME Meta Platforms Inc. 1.38%
Part of fund(s):- Vanguard S&P 500 ETF
- Vanguard Total Stock Market Index Fund ETF Shares
-
TS Tesla Inc 1.15%
Part of fund(s):- LS 1x Tesla Tracker ETP Securities GBP
- Vanguard S&P 500 ETF
- Vanguard Total Stock Market Index Fund ETF Shares
-
BR Berkshire Hathaway Inc 0.96%
Part of fund(s):- Vanguard S&P 500 ETF
- Vanguard Total Stock Market Index Fund ETF Shares
- Top 10 total 22.37%
This breakdown covers the equity portion of your portfolio only.
Look-through holdings show the overlap problem in full HD. NVIDIA, Apple, Microsoft, Amazon, Alphabet, Meta, Tesla, Berkshire — the usual suspects — all show up via multiple funds, piling exposure on the same giants. You don’t own three different strategies; you own the same mega-cap growth-heavy core three times over. And that’s just the top 10 look-through, with 75% of holdings data not even visible here, so real overlap is likely worse. Hidden concentration like this turns a “diversified” ETF mix into a one-trick pony wearing three different tickers.
Factors
Factor exposures are estimated using statistical models based on historical data and measure systematic (market-relative) tilts, not absolute portfolio characteristics. Results may vary depending on the analysis period, data availability, and currency of the underlying assets.
Factor exposure is almost aggressively neutral across the board, with only a mild lean toward low volatility at 61%. Factors are the hidden ingredients — value, size, momentum, quality, yield, low vol — that explain why a portfolio behaves the way it does. Here, the ingredient list basically says “just give me what the market has, maybe slightly smoother.” That low-vol nudge is like putting training wheels on a road bike: not a disaster, but not exactly bold either. The profile suggests this portfolio will mostly follow the market, just trying to wobble a bit less on bad days.
Risk contribution
-
Vanguard S&P 500 ETF
Weight: 35.00% 39.4% -
Vanguard Total Stock Market Index Fund ETF Shares
Weight: 30.00% 35.3% -
Vanguard Total International Stock Index Fund ETF Shares
Weight: 25.00% 25.3% -
Fidelity Money Market Fund
Weight: 10.00% 0.0%
Risk contribution makes it clear who’s actually driving the bus. The three equity funds (S&P 500, Total US, Total International) contribute essentially 100% of the risk, with the 10% money market doing absolutely nothing except looking safe in statements. The S&P 500 slice alone punches above its weight, with 35% weight but nearly 40% of total risk — that’s a loud passenger. Risk contribution is like asking, “Who’s really shaking the portfolio?” and the answer here is: the big, overlapping US equity funds, not the token cash comfort blanket.
Redundant positions
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High correlationVanguard S&P 500 ETFVanguard Total Stock Market Index Fund ETF Shares
Correlation-wise, the S&P 500 ETF and the Total US Market ETF move almost identically, which is exactly as pointless as it sounds. Correlation just means how much two things move together; here it’s basically “copy my homework.” Owning both is not diversification, it’s aesthetic redundancy. In a crash, they’ll both dive in sync, so there’s no real offsetting behavior — just twice the line on a chart heading the same direction. If the goal was variety, this pairing misses the point; it’s two flavors of the same vanilla.
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 at least manages not to embarrass itself. With a Sharpe ratio of 1.13, it’s reasonably efficient and, importantly, sitting right on or very near the efficient frontier. The efficient frontier is basically the “best you can do” curve for a given set of ingredients; you’re actually mixing your existing holdings in a mathematically sensible way. Sure, the max-Sharpe version would squeeze out higher returns for slightly more risk, but you’re not leaving huge efficiency on the table. For a redundant index mix, it’s annoyingly competent here.
Dividends
- Fidelity Money Market Fund 0.40%
- Vanguard S&P 500 ETF 1.10%
- Vanguard Total Stock Market Index Fund ETF Shares 1.00%
- Vanguard Total International Stock Index Fund ETF Shares 2.70%
- Weighted yield (per year) 1.40%
Dividends are a side character in this story. A total yield of 1.40% is nothing to brag about, especially with the money market dribbling out 0.40%. The international fund actually pulls its weight most on yield, while the US equities are barely handing out pocket money. Dividends can be nice for steady cash flow, but this setup is clearly more about capital growth than paycheck vibes. Anyone staring at this expecting a “high income” machine is really just watching a growth portfolio occasionally toss out loose change.
Ongoing product costs
- Vanguard S&P 500 ETF 0.03%
- Vanguard Total Stock Market Index Fund ETF Shares 0.03%
- Vanguard Total International Stock Index Fund ETF Shares 0.05%
- Weighted costs total (per year) 0.03%
Costs are the one area where this portfolio absolutely nails it, almost suspiciously well. A total TER of 0.03% is basically charity pricing — you’re paying almost nothing to own massive chunks of global capitalism. The Vanguard funds are so cheap it’s hard to roast them properly; it’s like complaining that free coffee isn’t single-origin. Yes, you duplicated exposure across funds, but at least you did it at bargain-bin expense ratios. Fees are under control — either someone did their homework, or they got lucky clicking the lowest-cost ETFs on the screen.
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