Diversset is a stock and ETF screener and portfolio builder that allows users, with no financial knowledge to find great stocks and ETFs and construct an efficient portfolio.
Diversset asks the users four simple questions and based on their answers assigns them to a certain group. Risk-averse, risk-seeking, or moderate investor. And then based on these groups, searched the stocks for them. The search is based on stock trading volume, market capitalization, stock volatility, and asset type.
After the stock and ETF search is finished, diversset constructs an efficient portfolio using the Markowitz model and assigns a weight to each asset so that the portfolio will have a minimum possible expected loss, given users indicated required return.
Last updated 2 Jun 2022