Which part of my portfolio is hardest to justify?
A question that draws on several parts of a portfolio at once. The answer comes from more than one calculation, and says which figures it is putting together.
Worked through on a sample portfolio. The figures below are that portfolio’s, not yours.
I can only describe your portfolio and its figures, not pass judgment. Here are the holdings and slices that stand out as comparatively small, volatile, or that currently contribute more risk than weight—facts that are often considered when judging justification.
| Asset | Weight (%) | Volatility p.a. (%) | Volatility contribution (%) | Unrealized gain/loss (€) |
|---|---|---|---|---|
| Crypto | 8,61% | 35,92–52,30 (assets) | 20,67 (Bitcoin+Ethereum) | +630,45 €; -2.105,15 € |
| Precious metal | 5,03% | 24,43 | 3,19 | -34,29 € |
| Cash | 6,06% | 0,00% | 0,00% | 0,00% € |
| Deutsche Lufthansa AG | 8,41% | 30,67 | 14,47 | +198,00 € |
| ETF | 31,21% | 9,00–20,84 (ETFs range) | 10,69 (MSCI World) +3,96 (Small cap) | +5.575,27 €; +1.166,75 € |
What the table shows:
- Crypto (total 8,61%) is a small portion by value but carries high annualized volatility (Bitcoin ~35,92%, Ethereum ~52,30%) and together contributes a large share of portfolio volatility (~20,67% combined).
- Gold (5,03%) has modest weight but non-negligible volatility and a small negative unrealized change (-34,29 €).
- Cash (6,06%) shows no volatility or unrealized gain/loss.
- Deutsche Lufthansa AG (8,41%) has high volatility (30,67%) and a noticeable volatility contribution (14,47%) despite a small unrealized gain (+198,00 €).
- ETFs form the largest allocation (31,21%) with lower volatility per line but substantial absolute gains in the holdings shown.
If you want, I can produce a one‑page summary that highlights just the top contributors to portfolio volatility and to gains/losses.
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The assistant answers the same question about your own holdings, with your figures and today’s prices. Import from your broker, or open the demo portfolio and ask it there.