Frequently Asked Questions
Everything you need to
know before you start
Most questions have straightforward answers. If your question isn't here, the free sample report covers it in detail.
Most portfolio tools show you how your stocks are labeled — tech, healthcare, financials. Thematic exposure analysis shows you how your stocks are connected underneath those labels.
Here's the problem: Apple, Microsoft, Google, NVIDIA, and Meta all look like different stocks. But they all share a massive chunk of their revenue tied to the same thing — AI infrastructure spending. When a government tightens chip export rules, or a hyperscaler cuts data center budgets, all five of those stocks get hit simultaneously — even though their ticker symbols have nothing in common on the surface.
Thematic exposure analysis maps those hidden connections. We look at where each company actually makes its money — not just the sector label — and tell you how concentrated you really are in mega-themes like AI infrastructure, defense spending, or financial services. That's what kills portfolios in corrections. Not volatility. Correlation.
Here's the problem: Apple, Microsoft, Google, NVIDIA, and Meta all look like different stocks. But they all share a massive chunk of their revenue tied to the same thing — AI infrastructure spending. When a government tightens chip export rules, or a hyperscaler cuts data center budgets, all five of those stocks get hit simultaneously — even though their ticker symbols have nothing in common on the surface.
Thematic exposure analysis maps those hidden connections. We look at where each company actually makes its money — not just the sector label — and tell you how concentrated you really are in mega-themes like AI infrastructure, defense spending, or financial services. That's what kills portfolios in corrections. Not volatility. Correlation.
The free tier gets you a sample report on signup. It walks through a real portfolio analysis — top themes, concentration percentages, the key risks. It's designed to be genuinely useful on its own, not a bait-and-switch teaser.
If you want to analyze your own portfolio, that's the Premium tier at $29/month. You get full portfolio analysis, real-time thematic monitoring, sector breakdowns, and a risk score that updates as your portfolio changes.
There are no long-term contracts. Cancel anytime from your dashboard.
If you want to analyze your own portfolio, that's the Premium tier at $29/month. You get full portfolio analysis, real-time thematic monitoring, sector breakdowns, and a risk score that updates as your portfolio changes.
There are no long-term contracts. Cancel anytime from your dashboard.
We built the tool we wished we'd had.
A few years ago, retail investors — us included — watched portfolios get crushed in the 2022 tech selloff. Everyone knew tech was "concentrated," but we couldn't see exactly why. Broker dashboards showed beta, volatility, sector percentages. None of it explained why a rate-hike announcement could simultaneously wipe out Apple, NVIDIA, Amazon, and Google on the same day.
The answer was hidden thematic correlation — the way all those stocks were secretly tied to the same macro themes. So we built ClearAlpha to surface that. Upload your holdings, get a map of where you're actually exposed, and see which themes are silently dominating your returns. It started as an internal tool. Friends asked for access. We put it online.
A few years ago, retail investors — us included — watched portfolios get crushed in the 2022 tech selloff. Everyone knew tech was "concentrated," but we couldn't see exactly why. Broker dashboards showed beta, volatility, sector percentages. None of it explained why a rate-hike announcement could simultaneously wipe out Apple, NVIDIA, Amazon, and Google on the same day.
The answer was hidden thematic correlation — the way all those stocks were secretly tied to the same macro themes. So we built ClearAlpha to surface that. Upload your holdings, get a map of where you're actually exposed, and see which themes are silently dominating your returns. It started as an internal tool. Friends asked for access. We put it online.
Your broker shows you sector labels — how much tech, healthcare, financials you own by name. That's table stakes. What it doesn't show is thematic correlation underneath those labels.
Example: NVIDIA, Microsoft, Google, Meta, and Apple all sit in "Information Technology." A broker dashboard might show 40% tech allocation and call it diversified. But all five of those companies are deeply entangled in AI infrastructure spending. One macro shock — a rate hike, a chip export restriction, a data center capex slowdown — hits all five at the same time.
ClearAlpha shows thematic concentration, not sector labels. We identify mega-themes like AI infrastructure, defense contractors, financial services consolidation, and show you exactly how many of your holdings are secretly tied to the same underlying trend. That's what actually causes drawdowns. Standard deviation doesn't tell you that. Beta doesn't tell you that. We do.
Example: NVIDIA, Microsoft, Google, Meta, and Apple all sit in "Information Technology." A broker dashboard might show 40% tech allocation and call it diversified. But all five of those companies are deeply entangled in AI infrastructure spending. One macro shock — a rate hike, a chip export restriction, a data center capex slowdown — hits all five at the same time.
ClearAlpha shows thematic concentration, not sector labels. We identify mega-themes like AI infrastructure, defense contractors, financial services consolidation, and show you exactly how many of your holdings are secretly tied to the same underlying trend. That's what actually causes drawdowns. Standard deviation doesn't tell you that. Beta doesn't tell you that. We do.
The sample report walks through a real portfolio analysis — a mega-cap tech portfolio with 5 holdings — and shows you the full output ClearAlpha would generate for a subscribed user. Here's what's inside:
Top 5 themes detected — ranked by portfolio exposure with percentages (e.g., 73% AI Infrastructure, 58% Cloud Infrastructure).
Per-holding thematic tags — each stock is tagged with its primary thematic exposure (not just the sector label). NVDA shows up as Semiconductors, but also flagged for 97% AI Infrastructure exposure.
Concentration risk score — a single number (with benchmark) that tells you whether your portfolio is more or less concentrated than a healthy diversified baseline.
Correlated risk factors — the macro events that could hit all your positions simultaneously (AI capex corrections, chip export regulations, rate path).
Diversification recommendations — specific tickers and theme offsets that would reduce concentration without abandoning the sectors you believe in.
See the full sample report →
Top 5 themes detected — ranked by portfolio exposure with percentages (e.g., 73% AI Infrastructure, 58% Cloud Infrastructure).
Per-holding thematic tags — each stock is tagged with its primary thematic exposure (not just the sector label). NVDA shows up as Semiconductors, but also flagged for 97% AI Infrastructure exposure.
Concentration risk score — a single number (with benchmark) that tells you whether your portfolio is more or less concentrated than a healthy diversified baseline.
Correlated risk factors — the macro events that could hit all your positions simultaneously (AI capex corrections, chip export regulations, rate path).
Diversification recommendations — specific tickers and theme offsets that would reduce concentration without abandoning the sectors you believe in.
See the full sample report →
Still Have Questions?
Try the free sample report —
it answers most of them
it answers most of them
The sample report walks through a real portfolio analysis. You'll see exactly what you'd get with a full ClearAlpha account — so you can decide if it's worth it before you commit.
No account required to view the sample report