Sam Huszczo, Founder & CIO of SGH Wealth Management, joins Victor Haghani, Founder & CIO of Elm Wealth, on CNBC’s ETF Edge to discuss why this could be an opportune time to strengthen portfolios, add hedges, and reconsider how much concentration risk investors really need to take.

CNBC’s ETF Edge is dedicated to one of the fastest-growing trends in investing: ETFs. Every Monday, a panel of market experts offers educational and actionable insights designed to help investors better understand the ETF landscape and build stronger portfolios.

Markets near record highs can make portfolio maintenance feel unnecessary. But that’s often exactly when investors should be thinking about protection, not after volatility arrives.

There’s an old saying about buying insurance before you need it. The same logic applies to investing. With markets strong, this may be an especially attractive moment to rebalance, diversify concentrated positions, and add hedges before they’re needed.

And right now, investors may not have to sacrifice performance to do it. We’re seeing a notable market dynamic where more defensive, diversified approaches are holding their own, and in some cases outperforming concentrated exposure. That creates an opportunity to reduce portfolio risk from a position of strength rather than reacting after a selloff.