The Start
Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
JPM JPMorgan Chase & Co. | Financial Services | 16.12% |
O Realty Income Corporation | Real Estate | 22.86% |
PFE Pfizer Inc. | Healthcare | 27.49% |
SCHD Schwab US Dividend Equity ETF | Large Cap Growth Equities, Dividend | 33.53% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in The Start, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced every 3 months.
The earliest data available for this chart is Aug 13, 2012, corresponding to the inception date of PFE
Returns By Period
As of Dec 31, 2024, the The Start returned 16.50% Year-To-Date and 10.23% of annualized return in the last 10 years.
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | 0.00% | -2.50% | 6.76% | 23.31% | 12.57% | 11.09% |
| The Start | 0.00% | -3.16% | 8.79% | 15.79% | 7.62% | 10.34% |
| Portfolio components: | ||||||
O Realty Income Corporation | 0.00% | -4.68% | 4.10% | -2.63% | -1.10% | 5.74% |
PFE Pfizer Inc. | 0.00% | 3.36% | -1.77% | -5.70% | -2.37% | 2.88% |
SCHD Schwab US Dividend Equity ETF | 0.00% | -5.81% | 7.79% | 11.17% | 11.09% | 11.18% |
JPM JPMorgan Chase & Co. | 0.00% | -2.09% | 16.21% | 43.25% | 14.80% | 17.94% |
Monthly Returns
The table below presents the monthly returns of The Start, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.52% | 1.90% | 5.56% | -4.12% | 4.40% | -0.41% | 7.17% | 3.27% | -1.43% | 0.69% | 4.84% | 16.78% | |
| 2023 | -0.27% | -3.43% | -2.62% | 0.21% | -3.08% | 3.12% | 4.26% | -4.23% | -4.75% | -4.61% | 8.23% | 5.11% | -3.06% |
| 2022 | -5.36% | -5.25% | 3.50% | -5.27% | 5.62% | -6.18% | 2.83% | -5.40% | -7.88% | 11.37% | 7.03% | -1.17% | -8.05% |
| 2021 | -0.98% | 4.79% | 6.70% | 4.14% | 3.05% | -1.96% | 2.81% | 4.31% | -3.89% | 4.76% | 2.38% | 5.82% | 36.26% |
| 2020 | -1.15% | -9.85% | -17.01% | 12.20% | 1.93% | -3.05% | 7.10% | 2.81% | -2.73% | -0.94% | 13.41% | 2.75% | 1.37% |
| 2019 | 4.72% | 2.16% | 0.73% | 2.15% | -3.59% | 4.22% | -0.94% | -1.94% | 4.09% | 5.18% | 1.05% | 1.75% | 20.93% |
| 2018 | 2.97% | -3.39% | -1.67% | -0.11% | 0.98% | 0.03% | 7.38% | 2.83% | 1.10% | -1.97% | 4.97% | -7.03% | 5.41% |
| 2017 | -0.13% | 5.39% | -1.16% | -0.57% | -2.58% | 3.31% | 1.23% | 0.79% | 3.29% | 0.94% | 4.02% | 1.84% | 17.32% |
| 2016 | -2.20% | 0.08% | 4.74% | 2.45% | 3.31% | 4.16% | 3.63% | -2.50% | -0.35% | -4.09% | 3.30% | 3.53% | 16.73% |
| 2015 | -0.51% | 5.01% | 0.11% | -1.36% | 1.34% | -1.89% | 4.47% | -7.24% | -0.65% | 7.10% | 0.33% | 0.02% | 6.13% |
| 2014 | -1.01% | 5.43% | 0.43% | -0.36% | -0.91% | 1.80% | -1.63% | 3.27% | -1.33% | 3.71% | 2.46% | 1.07% | 13.42% |
Expense Ratio
The Start has an expense ratio of 0.02%, which is considered low compared to other funds. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of The Start is 26, indicating average performance compared to other portfolios on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
This table presents a comparison of risk-adjusted performance metrics for positions. Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|
O Realty Income Corporation | -0.12 | -0.05 | 0.99 | -0.08 | -0.25 |
PFE Pfizer Inc. | -0.11 | 0.00 | 1.00 | -0.05 | -0.29 |
SCHD Schwab US Dividend Equity ETF | 1.00 | 1.49 | 1.18 | 1.42 | 4.52 |
JPM JPMorgan Chase & Co. | 1.89 | 2.61 | 1.39 | 4.37 | 12.54 |
Dividends
Dividend yield
The Start provided a 4.51% dividend yield over the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 4.51% | 4.34% | 3.55% | 2.92% | 3.62% | 3.23% | 3.25% | 3.18% | 3.29% | 3.37% | 3.25% |
| Portfolio components: | |||||||||||
O Realty Income Corporation | 5.38% | 5.33% | 4.69% | 3.88% | 4.51% | 3.69% | 4.19% | 4.45% | 4.19% | 4.42% | 4.59% |
PFE Pfizer Inc. | 6.36% | 5.70% | 3.12% | 2.64% | 3.91% | 3.68% | 3.12% | 3.54% | 3.70% | 3.48% | 3.34% |
SCHD Schwab US Dividend Equity ETF | 3.65% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% |
JPM JPMorgan Chase & Co. | 1.92% | 2.38% | 2.98% | 2.34% | 2.83% | 2.37% | 2.54% | 1.91% | 2.13% | 2.54% | 2.49% |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the The Start. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the The Start was 36.95%, occurring on Mar 23, 2020. Recovery took 179 trading sessions.
The current The Start drawdown is 5.18%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -36.95% | Jan 24, 2020 | 41 | Mar 23, 2020 | 179 | Dec 4, 2020 | 220 |
| -23.55% | Jan 13, 2022 | 187 | Oct 11, 2022 | 442 | Jul 17, 2024 | 629 |
| -12.81% | Dec 4, 2018 | 14 | Dec 24, 2018 | 66 | Apr 1, 2019 | 80 |
| -11.02% | Aug 4, 2015 | 16 | Aug 25, 2015 | 45 | Oct 28, 2015 | 61 |
| -10.54% | Jan 29, 2018 | 9 | Feb 8, 2018 | 119 | Jul 31, 2018 | 128 |
Volatility
Volatility Chart
The current The Start volatility is 4.18%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Diversification
Asset Correlations Table
| O | PFE | JPM | SCHD | |
|---|---|---|---|---|
| O | 1.00 | 0.27 | 0.20 | 0.41 |
| PFE | 0.27 | 1.00 | 0.34 | 0.51 |
| JPM | 0.20 | 0.34 | 1.00 | 0.68 |
| SCHD | 0.41 | 0.51 | 0.68 | 1.00 |