Tech tilted US growth portfolio with strong recent returns and focused sources of risk
Report created on Sep 17, 2026Risk profile
5/7
Diversification profile
3/5
Positions
-
VO Vanguard S&P 500 ETF
VOO - US9229083632 29.00% -
QQ Invesco NASDAQ 100 ETF
QQQM - US46138G6492 25.00% -
SM VanEck Semiconductor ETF
SMH - US92189F6768 18.00% -
SC Schwab U.S. Dividend Equity ETF
SCHD - US8085247976 17.00% -
VX Vanguard Total International Stock Index Fund ETF Shares
VXUS - US9219097683 11.00%
This portfolio is built entirely from five equity ETFs, with no bonds or cash included in the mix. The biggest slices are broad US exposure via an S&P 500 fund and a NASDAQ 100 fund, together making up over half the portfolio. A dedicated semiconductor ETF adds a concentrated thematic tilt, while a US dividend equity ETF and a global ex‑US fund round things out. So the structure leans clearly toward growth assets, with some income and international diversification at the edges. A setup like this tends to move closely with stock markets, especially US large caps, and will naturally experience bigger swings than a portfolio that blends in bonds or other defensive assets.
Growth
Historically, from late 2020 to late 2026, $1,000 in this portfolio grew to about $3,011. That works out to a Compound Annual Growth Rate (CAGR) of 20.57%, compared with roughly 15.69% for the US market and 13.71% for the global market. CAGR is like average speed on a road trip, smoothing the bumps into one yearly growth number. The price of this strong return was a max drawdown of about -29.75%, meaning the portfolio once fell almost 30% from peak to trough. It took roughly 14 months to recover, showing that while returns have been impressive, the ride has included deep and lengthy setbacks.
Projection
The Monte Carlo projection models thousands of possible 15‑year paths for this portfolio using past volatility and relationships between holdings. Monte Carlo is basically a big set of “what if” simulations that shuffle returns randomly while keeping their historical patterns. Here, the median outcome grows $1,000 to around $2,809, with a wide but reasonable middle band between roughly $1,831 and $4,332. There’s about a 74.5% chance of ending above the original $1,000, and the average simulated annual return is 8.17%. These numbers are not promises; they simply show a range of plausible futures if markets behaved roughly like the past, which they rarely do perfectly.
Asset classes
- Stocks 100%
All of the portfolio is in stocks, with 100% allocated to equity ETFs. That means there’s no built‑in ballast from bonds, cash, or alternatives that might cushion big market drops. Compared with a more mixed asset allocation, this pushes both expected long‑term returns and expected volatility higher. Equity‑only lineups are very sensitive to economic cycles, interest rate moves, and investor sentiment. The diversification here comes from using multiple equity strategies rather than mixing different asset classes. This is consistent with a growth‑focused approach, but it also means that when global stocks struggle, the entire portfolio is likely to feel it quite directly.
Sectors
- Technology 48%
- Health Care 8%
- Financials 8%
- Telecommunications 8%
- Consumer Discretionary 8%
- Consumer Staples 7%
- Industrials 6%
- Energy 4%
- Basic Materials 1%
- Utilities 1%
- Real Estate 1%
Sector‑wise, technology stands out at about 48% of the equity exposure, which is much higher than most broad market indices. Other sectors like health care, financials, telecom, consumer areas, and industrials are each in the mid‑single digits, giving some balance but clearly secondary to tech. Energy, materials, utilities, and real estate are only tiny slices. A tech‑heavy portfolio often does very well when innovation stories and growth expectations are in favor, but it can be hit hard when interest rates rise or when investors rotate toward more cyclical or defensive sectors. This purposeful tilt has been a key driver of past outperformance.
Regions
- North America 86%
- Europe Developed 5%
- Asia Developed 4%
- Japan 2%
- Asia Emerging 2%
Geographically, the portfolio is dominated by North America at about 86%, with limited exposure to Europe Developed, Japan, and other parts of Asia. That’s a stronger US tilt than a typical global index, where the US is large but not this overwhelming. International diversification via the global ETF adds some non‑US currencies and economies, but it remains a supporting role. This concentration means portfolio results are heavily tied to US corporate earnings, policy, and the dollar. When the US market leads, that can be very beneficial; during periods when other regions outperform, the portfolio may lag more globally balanced approaches.
Market capitalization
- Mega-cap 42%
- Large-cap 39%
- Mid-cap 16%
- Small-cap 1%
By market capitalization, about 42% of the portfolio is in mega‑cap companies and another 39% in large caps, with mid caps and small caps taking much smaller roles. This closely mirrors the upper end of the stock universe and aligns with many mainstream indices that are top‑heavy in the largest firms. Large and mega caps typically offer more stability, liquidity, and analyst coverage than smaller names, though they can be more tied to broad market and macro themes. The modest mid‑ and small‑cap exposure adds some potential for higher growth and idiosyncratic moves without dominating the overall risk profile.
True holdings
-
NV NVIDIA Corporation 8.23%
Part of fund(s):- Invesco NASDAQ 100 ETF
- VanEck Semiconductor ETF
- Vanguard S&P 500 ETF
-
AA Apple Inc. 3.86%
Part of fund(s):- Invesco NASDAQ 100 ETF
- Vanguard S&P 500 ETF
-
MU Micron Technology Inc 2.77%
Part of fund(s):- Invesco NASDAQ 100 ETF
- VanEck Semiconductor ETF
- Vanguard S&P 500 ETF
-
MS Microsoft Corporation 2.72%
Part of fund(s):- Invesco NASDAQ 100 ETF
- Vanguard S&P 500 ETF
-
AM Amazon.com Inc 2.15%
Part of fund(s):- Invesco NASDAQ 100 ETF
- Vanguard S&P 500 ETF
-
AV Broadcom Inc 1.89%
Part of fund(s):- VanEck Semiconductor ETF
- Vanguard S&P 500 ETF
-
AM Advanced Micro Devices Inc 1.89%
Part of fund(s):- Invesco NASDAQ 100 ETF
- VanEck Semiconductor ETF
-
GO Alphabet Inc Class A 1.73%
Part of fund(s):- Invesco NASDAQ 100 ETF
- Vanguard S&P 500 ETF
-
TS Taiwan Semiconductor Manufacturing 1.73%
Part of fund(s):- VanEck Semiconductor ETF
-
GO Alphabet Inc Class C 1.48%
Part of fund(s):- Invesco NASDAQ 100 ETF
- Vanguard S&P 500 ETF
- Top 10 total 28.43%
Looking through the ETFs’ top holdings, a handful of big tech and semiconductor names drive a lot of underlying exposure. NVIDIA alone accounts for about 8.23% of the portfolio through multiple funds, with Apple, Micron, Microsoft, Amazon, Broadcom, AMD, Alphabet, and TSMC also featuring prominently. Because several ETFs hold the same giants, there’s “hidden” overlap that increases concentration in these companies. And remember, this analysis only covers ETF top‑10s, so true overlap is likely higher. The effect is that a shock to a few key technology and chip stocks could disproportionately affect the overall portfolio, even though you only see five broad ETF tickers on the surface.
Factors
Across the six major investment factors—value, size, momentum, quality, low volatility, and yield—the portfolio comes out broadly neutral. Factor exposure is like checking which “traits” dominate your holdings, such as cheapness (value) or stability (low volatility). Here, everything sits close to the 50% mark, which is considered market‑like. That suggests the portfolio’s behavior is driven more by its sector and geographic tilts than by targeted factor bets. In practice, it tends to move similarly to broad indices on these dimensions, without strong biases toward deep value, high dividend, or small‑cap styles that might behave very differently in specific market regimes.
Risk contribution
-
VanEck Semiconductor ETF
Weight: 18.00% 31.0% -
Invesco NASDAQ 100 ETF
Weight: 25.00% 28.1% -
Vanguard S&P 500 ETF
Weight: 29.00% 24.2% -
Schwab U.S. Dividend Equity ETF
Weight: 17.00% 9.0% -
Vanguard Total International Stock Index Fund ETF Shares
Weight: 11.00% 7.7%
Risk contribution shows how much each ETF adds to the portfolio’s overall ups and downs, which can differ a lot from simple weight. The semiconductor ETF is a prime example: it’s 18% of the capital, but contributes about 31% of total risk, making its risk/weight ratio 1.72. The NASDAQ 100 fund is 25% of the weight and around 28% of risk. Meanwhile, the dividend ETF and the international fund punch below their weights, together contributing barely 17% of risk. The top three positions account for over 83% of total volatility, which means the portfolio’s experience is largely dictated by those growth‑oriented US exposures.
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 efficient frontier chart, the current portfolio has a Sharpe ratio of 0.82, meaning its return per unit of volatility is lower than what’s achievable with different weights of the same holdings. The optimal portfolio on this frontier reaches a Sharpe of 1.12 with a higher return and only moderately higher risk, while the minimum variance mix offers lower risk and a better Sharpe than the current setup. Being about 2.88 percentage points below the frontier at the same risk level suggests the mix isn’t using these five ETFs as efficiently as it could. In other words, purely reweighting among the existing funds could improve the risk/return balance without adding new products.
Dividends
- Invesco NASDAQ 100 ETF 0.40%
- Schwab U.S. Dividend Equity ETF 3.10%
- VanEck Semiconductor ETF 0.20%
- Vanguard S&P 500 ETF 1.10%
- Vanguard Total International Stock Index Fund ETF Shares 2.60%
- Weighted yield (per year) 1.27%
The overall dividend yield of the portfolio is about 1.27%, which is relatively modest and reflects its growth‑oriented nature. Income mainly comes from the Schwab US Dividend Equity ETF at around 3.10% and the international ETF at 2.60%, while the NASDAQ 100 and semiconductor funds pay very low yields. Dividends can play two roles: providing cash flow and contributing to total return when reinvested. In this case, most of the heavy lifting historically has come from price appreciation rather than income. That’s consistent with a focus on sectors and companies that reinvest more earnings into growth rather than distributing them as cash.
Ongoing product costs
- Invesco NASDAQ 100 ETF 0.15%
- Schwab U.S. Dividend Equity ETF 0.06%
- VanEck Semiconductor ETF 0.35%
- Vanguard S&P 500 ETF 0.03%
- Vanguard Total International Stock Index Fund ETF Shares 0.05%
- Weighted costs total (per year) 0.12%
The portfolio’s costs are impressively low, with a combined TER (Total Expense Ratio) of about 0.12%. TER is the annual fee charged by the funds, expressed as a percentage of the amount invested. Here, the core index ETFs charge between 0.03% and 0.06%, while the more specialized semiconductor fund is higher at 0.35%. Keeping costs at this level is a real strength: even small fee differences compound over decades, so a low‑fee core provides a strong foundation. It means more of the portfolio’s gross return stays in your account instead of going to fund providers, supporting better long‑term outcomes if markets cooperate.
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!
Compare your holdings
How much do the funds you hold actually overlap with the ones people weigh them against?
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