Measure whether your portfolio is becoming heavily concentrated in gold-related assets. The calculator separately shows physical bullion, market-traded gold exposure and mining-related exposure, then groups them for concentration analysis.
Portfolio concentration is about how much of the portfolio is economically tied to one theme. Physical bullion, gold funds and miners are different products, but grouping them can reveal a broader dependence on the gold theme.
A concentration percentage is descriptive rather than prescriptive. It can help identify when several individually reasonable positions become a large combined exposure after being considered together.
The percentage of the portfolio grouped into gold-related exposure.
Grouped exposure divided by portfolio value.
Concentration can group correlated gold-related products together.
Not automatically.