Portfolio analysis with Investboard: A practical portfolio check

Your brokerage account shows a total value and a return. A portfolio check also needs a view of the companies inside your ETFs, the allocation of your capital and its distance from your investment plan. This guide shows how to use Investboard for that review and what to consider when comparing it with Parqet and getquin.

What portfolio analysis should answer

Portfolio analysis connects holdings data with practical questions: What do you own? Where are the concentrations? Does today's allocation still fit your strategy? Positive performance alone does not answer those questions. A portfolio that has risen in value may now depend more heavily on particular companies or sectors than originally intended.

A traceable portfolio check covers four levels:

• Holdings: Are positions, quantities, currencies and included accounts complete?
• Allocation: How are the recorded assets distributed across asset classes, countries and sectors?
• Look-through: Which companies do you own directly and through funds?
• Strategy: How far have current weights moved from your chosen target allocation?

Investboard connects these questions through portfolio analysis and your personal investment mandate. The analysis shows the recorded holdings. Your mandate provides the reference for interpreting them.

Step 1: Set a reference for your portfolio check

Start with the purpose of the portfolio. Long-term wealth accumulation and an ongoing withdrawal phase have different requirements. Write down your time horizon, the allocation you intend to follow and when you will review it.

In Investboard, you can first explore a base strategy. During onboarding, you clarify your goals, time horizon and capacity to withstand losses, then record the chosen framework in your mandate. Connecting your portfolio makes it possible to compare targets with holdings. The strategy page explains the process.

If you already have a strategy, use it as the starting point for your review. The investment policy statement template helps turn unwritten intentions into explicit rules. Include deliberate tilts: understanding whether a concentration was intended is part of assessing it.

Step 2: Check the recorded holdings

Bring in positions through an available broker connection, a supported file import or manual entry. The appropriate route depends on your institution and the available data format. Check the offered connection or import against your actual holdings first.

Then compare the recorded positions with your brokerage statement. Are the security identifiers, quantities and currencies correct? Has a position been entered twice? Is another account belonging to the same strategy missing? Cash can also matter if it forms part of your defined target allocation.

Choose a clear scope for the review. An equity percentage measured against a securities account can differ from one measured against all recorded wealth. Record the date and scope so that two reviews remain comparable.

Step 3: Use fund look-through to find concentrations

Open portfolio analysis and examine asset classes, countries and sectors. Then explore ETF look-through. This reveals the underlying positions where holdings data is available.

That second view is particularly useful with several ETFs. Different fund names can contain the same companies. A stock you hold directly may also appear in your funds. Its total company weight depends on the sum of those ownership routes across the portfolio being examined.

An example with fictional holdings

Consider a fully illustrative portfolio worth €100,000. It holds €50,000 in Fund A, €30,000 in Fund B and €5,000 directly in shares of the fictional company Alpha. The remaining €15,000 is invested in other assets with no Alpha exposure. Alpha accounts for 4 percent of Fund A and 6 percent of Fund B.

The visible individual stock accounts for 5 percent of the portfolio. Including indirect holdings, Alpha represents 8.8 percent. That is €8,800 of the same portfolio capital, not additional money. The figure describes a company weight; it is neither a loss forecast nor the overlap percentage between the two funds.

Our article on ETF overlap explains the different metrics and calculations. The number alone cannot tell you whether 8.8 percent is excessive. That assessment needs your own strategy framework.

Keep data gaps visible

Check the displayed sources, dates and coverage when examining fund holdings. Missing positions remain unknown. A list of the ten largest holdings cannot establish a complete company weight. Country classification, corporate headquarters and the geography of revenue may also answer different questions.

Investboard displays data coverage in the analysis context. Use it when interpreting the result: an unknown position is not evidence of additional diversification. The example above assumes complete holdings with no further Alpha exposure. A real portfolio needs that completeness checked first.

Step 4: Compare the analysis with your mandate

After checking holdings, compare actual allocation with targets. Consider the current weights alongside your target allocation and the rules recorded in your mandate. Investboard connects the portfolio with that written framework and makes deviations visible.

Another purely illustrative example: the chosen equity allocation for the assets under review is 70 percent, while the current share is 79 percent. The difference is 9 percentage points. Whether it calls for a review depends on your agreed bands and review dates. The example allocation is not a recommendation for your investments.

First record the finding clearly: Which rule does it concern? Did market prices, contributions or incomplete records change the allocation? Transaction costs and tax consequences belong in the assessment before any potential adjustment. Our portfolio rebalancing guide explores the process.

A portfolio check can also conclude that the current allocation should be retained. Investboard does not execute securities orders. Decisions about changes remain yours.

Investboard as a Parqet and getquin alternative

When choosing a portfolio analysis tool, compare how it fits your working process. Parqet and getquin offer substantial analysis capabilities of their own. This comparison is written by Investboard and covers selected features described on the providers' official product pages, checked on 8 September 2026.

Parqet explicitly describes X-Ray with ETF composition and overlaps. getquin lists planning alongside portfolio analysis. ETF look-through or planning alone therefore does not establish a unique advantage for Investboard. Check availability, plan coverage and support for your particular broker with each provider before choosing.

Investboard is an alternative to consider if you want to combine recording a strategy, analysing holdings and reviewing deviations in your process. Explore the analysis and mandate workflow first. The dedicated Parqet comparison provides further context.

Your checklist for the next portfolio review

Record five short answers after your review:

1. Which accounts and assets were examined, and as of what date?
2. Which holdings are confirmed, and which data is still missing?
3. Which company, country or sector concentrations stand out?
4. Where does the portfolio deviate from your mandate?
5. What will you clarify before the next scheduled review?

These notes make your portfolio review repeatable. At the next review, you can return to the same questions and the same scope.