You probably own the same bet four times.
Most portfolios are far less diversified than they look. TRUE shows you the concentration, correlation and hidden overlap in what you hold — and stops there. What you do about it is your decision.
For research and education. Not financial advice.
The hidden problem
Eight positions. One bet.
You hold a tech ETF, an S&P tracker, a growth fund and four individual names. It feels diversified. In practice, a large slice of all of them may be the same handful of mega-cap stocks, moving together on the same macro driver. TRUE makes that visible.
What correlation means- 1 Concentration — how much sits in your largest positions
- 2 Correlation — which holdings tend to move together
- 3 Overlap — the same companies, arriving through different funds
- ✓ Stated plainly. No recommendation attached.
This is exposure analysis, not advice. TRUE describes what your portfolio looks like — how concentrated it is, what moves together, where the overlap sits. It does not tell you what to buy, what to sell, or how to allocate, and it does not assess whether a portfolio is suitable for you. Suitability depends on your goals, circumstances and risk tolerance — a conversation for a qualified financial adviser, not an AI.
What TRUE shows you
Concentration
How much of your outcome depends on your largest few positions — usually more than people expect.
Correlation
Which of your holdings tend to rise and fall together, and therefore offer less protection than their number suggests.
Overlap
The same underlying companies reaching you through several different funds at once.
Frequently asked questions
Does TRUE tell me how to rebalance?
No. TRUE shows you what your exposure is. It does not recommend allocations, rebalancing, or any specific action — that would be financial advice, which we do not provide. For decisions about your own money, speak to a qualified adviser.
Is my portfolio data safe?
Portfolio connections are read-only — TRUE can see positions to analyse them, and cannot place orders or move funds. See security & data for details.
What does 'correlation' actually mean here?
It measures the degree to which two holdings tend to move together. High correlation means owning both gives you less diversification than the count of positions implies. The wiki explains it properly.
See what you actually own.
Concentration, correlation and overlap — stated honestly.
For research and education. Not financial advice.