Portfolio X-Ray vs. Allocations - percentages do not match

islandhop

In the Investing menu, when I view "Portfolio X-Ray" for all accounts/all securities, the percentages are significantly different than those under "Allocations" for all accounts/all securities. Based on the drill down by category, the "Allocations" view seems correct. I don't appear to be able to drill down on the Portfolio X-Ray numbers. Does anyone know why the X-Ray numbers might appear so different from those in the allocations report?

Jim_Harman

The Portfolio X-Ray numbers use Morningstar's asset class definitions. These are different from the asset allocation data that Quicken's quote provider uses.

Also Morningstar only analyzes publicly traded securities. So if you have a 401(k) that holds specially defined funds, Morningstar ignores those in its analysis

islandhop

Jim, Thanks for your response. I have a test portfolio set up with only publicly traded securities. I understand that asset class definitions may vary, but the percentages differ significantly for every category, including cash. I assume that the Allocations view uses the asset class information as shown in the security details for each holding, but do you know where I can either drill down on X-Ray or see what definitions Morningstar is using for X-Ray?

Jim_Harman

You can see Morningstar's allocations for a security by selecting just that security for , or you can view it on Morningstar's website.

islandhop

Jim - Do you know why the cash amounts for all accounts/all securities would differ between the X-Ray and Allocation views?