My 1st post, started investing only couple months ago now. Is there an overlap tool anywhere for UK investors, it would really come in handy when selecting ETFs.
Perhaps Justetf.com might be worth a look.
If you are investing in indexes a certain amount of overlap is to be expected. The level of overlap can be fine tuned a little.
Do also consider any applicable TER; it’s possible to end up paying twice for virtually the same ETF. Hope the investing journey goes well.
Thanks I do use justetf to compare, IV seen some overlap tools online but only work for US ETFs.
Portfolioslab.com might help
Ok thanks I will give it a go
Hello there Scarface!
Thank you for your first feedback and being an active member of InvestEngine. I’ve forwarded your request of an overlap tool to the relevant team, to look into it. Please, keep in mind, that you can use our ‘Portfolio Analytics’, to view a breakdown of your holdings and what markets they’re invested in. It’s a great way for our clients to see, where they may be heavily invested and how diversified their portfolio is.
I hope you have a great time investing with us!