Market Network

A portfolio is rarely a list. Two broad ETFs can hold the same twenty companies twice. Adding a sector fund on top makes the concentration worse, not better. This page draws the connections we actually measure, without editorial judgment and without recommendations.

How to read it. A line means a relation we can point at. A fund holds a stock, a fund tracks an index, an index contains a name. A stock sits in a sector or a country. Two funds overlap by weight, and two stocks reach a portfolio through largely the same funds (similar ETF exposure). Circle size is the number of connections, nothing else. It does not show size, quality or return.

Click a node to see its immediate neighborhood; drag it to untangle the picture. Everything drawn here is also written out as links below, so the network is readable without the diagram.

Holdings as of Sep 28–Sep 30, 2026. Funds publish their holdings on different dates.

Data note 1