About Portfolio X-Ray
Portfolio X-Ray is an advanced analysis tool that helps you examine the details of your portfolio so you can understand exactly where your money is invested. It breaks down your holdings by asset type, sector, and geographic region, showing how diversified—or concentrated—your investments are.
For example, you might believe your mutual funds give you global exposure, but Portfolio X-Ray could reveal that most of your holdings are in U.S. large-cap stocks. With that insight, you could decide whether to adjust your portfolio to match your investment goals.
Portfolio X-Ray is powered by Morningstar, a leading provider of independent investment research in North America, Europe, Australia, and Asia.
You must have an internet connection to view the analysis. When you run it, your holdings and share counts are sent to Morningstar in real time. No personally identifiable information is shared, and Morningstar does not store the data.
Before using Portfolio X-Ray, download the latest quotes so the analysis includes all your current securities.
Using Portfolio X-Ray
Using Portfolio X-Ray for the first time requires a bit of set up, but should take less than a minute.
Click the Investing tab, and then select the Portfolio X-Ray tab.
Click the Getting Started button.
Accept the terms and conditions and click the Continue button.
The Morningstar X-Ray page is displayed. It has two tabs, the X-Ray Interpreter and the Stock Intersection tabs.
Select the portfolio that you want to analyze from the Accounts drop-down list.
Choose the view and benchmark as required. The reports are displayed.
Understanding the X-Ray information
The X-Ray Interpreter tab displays a breakdown of your portfolio by asset class, region, and sector.
Asset allocation – Shows the percentage of your holdings in major categories such as Cash, US Stocks, Non-US Stocks, Bonds, and Other. The pie chart provides a visual summary, while the table lists the percentage in each category for both your portfolio and the selected benchmark.
World regions – Highlights the geographic distribution of your holdings on a map and in a table. The table breaks down percentages for regions such as Americas, Greater Europe, and Greater Asia, along with their subregions, compared to the benchmark.
Stock sectors – Displays your holdings by sector classification, such as Communication Services and Energy, with corresponding percentages for your portfolio and the benchmark.
You can select the Show Short Positions option to display short holdings in the asset allocation table.
This feature is not available in Canada,