Is my portfolio aligned with my risk tolerance?

I can describe how your portfolio’s risk profile looks versus the figures you’ve set, and what the portfolio currently shows — I can’t give advice.

Summary of your portfolio risk and exposures

• Portfolio volatility (annualised): 16,36%
• Downside volatility (annualised): 11,63%
• Max drawdown to date: -25,49% over 112 days (2024-12-18 to 2025-04-09)
• Distance from all-time high: -2,15% (all-time high on 2026-08-29)

Major risk contributors (top 10 by volatility contribution)

Asset	Volatility contribution (%)
Apple Inc.	20,89
Microsoft Corp.	15,98
Deutsche Lufthansa AG	14,51
iShares Core MSCI World UCITS ETF	10,69
Bitcoin	10,41
Ethereum	10,25
MasterCard Inc.	5,40
SPDR MSCI USA Small Cap Value Weighted UCITS ETF	3,96
Gold	3,19
Xtrackers MSCI USA UCITS ETF 1C	2,48%

Allocation highlights relevant to risk

• Equity (Stocks + ETFs) exposure: Stock 49,09% + ETF 31,21% = combined equity tilt visible in holdings.
• Crypto exposure: Crypto 8,61% (high volatility contributors: Bitcoin, Ethereum)
• Cash: 6,06% (liquidity buffer)

What these figures mean (descriptive)

• Your portfolio’s annualised volatility and the listed contributions show that a few large equity positions (notably Apple Inc., iShares Core MSCI World UCITS ETF, Microsoft Corp.) plus crypto account for most of the measured risk.
• Crypto and volatile single stocks contribute outsized volatility relative to their weight. Gold contributes volatility but has lower correlation with the portfolio.
• The max drawdown of -25,49% and the current distance from the peak (-2,15%) are objective measures of how much the portfolio has fallen in past stress periods.

If you want, I can:

• show a side-by-side of your stated risk tolerance versus these metrics,
• run a brief scenario (shock) to illustrate a downside move and its assumptions,
• or produce a ranked table of holdings by volatility contribution for further inspection.