I can’t tell if my portfolio is truly diversified just by counting how many stocks I own.

This feature helps you understand whether your portfolio is genuinely diversified beyond simply the number of holdings. It highlights concentration and overlap so you can see what is actually driving your portfolio’s risk and returns.

Counting the number of stocks you own doesn’t necessarily mean your portfolio is diversified, especially if many holdings move together or are concentrated in similar areas. This feature analyzes your portfolio to show diversification in a more meaningful way than a simple holding count. It surfaces concentration signals such as whether a few positions dominate your allocation or whether your exposure is clustered in similar types of investments. It also helps identify hidden overlap where multiple holdings may represent the same underlying exposure, reducing the practical benefit of owning many tickers. You can use it to confirm whether your portfolio is balanced or unintentionally tilted toward a single theme. The feature supports better decision-making when adding new positions by clarifying what exposure you already have. It can be used during portfolio reviews, rebalancing, or before making additional purchases to avoid doubling down unknowingly. Overall, it provides a clearer picture of true diversification so you can manage risk more intentionally. This is especially useful for investors who accumulate many holdings over time and want to ensure variety in what those holdings represent.