Can anyone tell me if my portfolio is overlapping? I'm investing in CSPX, VTI and Alliance Income and Growth fund.

It's possible that your portfolio may be overlapping, as CSPX and VTI are both exchange-traded funds (ETFs) that track stocks. The Alliance Income and Growth Fund is a mutual fund that invests in a mix of stocks and bonds.

CSPX tracks the iShares MSCI World ex U.S. ETF, which provides exposure to a broad range of non-U.S. companies across multiple developed markets.

VTI tracks the Vanguard Total Stock Market ETF, which provides exposure to the entire U.S. stock market, including small, mid, and large-cap stocks.

The Alliance Income and Growth Fund is a mutual fund that invests in a mix of stocks and bonds with the goal of providing both income and long-term growth.

It's possible that the stocks held in the Alliance Income and Growth Fund may overlap with the stocks held in CSPX and VTI.

To determine the degree of overlap in your portfolio, you can look at the holdings of each fund and compare them. You can also use portfolio analysis tools that allow you to visualize your portfolio's holdings and sector exposures, as well as measure its diversification.

If your portfolio is overly concentrated in a few stocks or sectors, it may be worth considering adjusting your investments to achieve a more diversified portfolio that aligns with your investment goals and risk tolerance.

It's always a good idea to regularly review your portfolio and make adjustments as needed to ensure that it remains aligned with your investment goals and risk tolerance. Consulting a financial advisor may also be helpful in making an informed decision.

Yes, VTI contains all the companies in CSPX. Alliance fund contains around 30% US stocks so it does overlap with VTI/ CSPX slightly.

​

CSPX is great, you are able to save on dividiend withholding tax since it is listed in London Stock Exchange. To diversify further, you can look into global equities ETFs such as VWRA/ VT. Mutual fund charges high fees (1%+) so you might want to relook into your Alliance Fund.

​