P1
Asset Allocation
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in P1, 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 year.
The earliest data available for this chart is Oct 24, 2013, corresponding to the inception date of FTEC
Returns By Period
As of May 6, 2025, the P1 returned 12.02% Year-To-Date and 19.14% of annualized return in the last 10 years.
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | -3.93% | 11.36% | -1.09% | 10.19% | 14.74% | 10.35% |
| P1 | 12.02% | 12.96% | 14.96% | 33.06% | 29.75% | 19.14% |
| Portfolio components: | ||||||
FFH.TO Fairfax Financial Holdings Limited | 15.09% | 16.19% | 22.56% | 41.93% | 45.64% | 13.65% |
BRK-B Berkshire Hathaway Inc. | 12.99% | 3.77% | 15.80% | 27.76% | 23.91% | 12.99% |
NTDOY Nintendo Co ADR | 49.69% | 37.82% | 67.18% | 78.15% | 17.67% | 18.97% |
SZLMY Swiss Life Holding AG ADR | 32.36% | 16.15% | 24.94% | 56.61% | 29.88% | 19.21% |
PGR The Progressive Corporation | 20.15% | 9.52% | 19.22% | 38.05% | 31.99% | 29.00% |
XLP Consumer Staples Select Sector SPDR Fund | 4.21% | 3.86% | 2.70% | 10.19% | 10.11% | 7.89% |
LGLV SPDR SSGA US Large Cap Low Volatility Index ETF | 4.41% | 5.90% | 3.51% | 16.17% | 14.40% | 11.22% |
NDAQ Nasdaq, Inc. | 1.48% | 14.56% | 5.18% | 30.22% | 18.65% | 18.24% |
XLF Financial Select Sector SPDR Fund | 2.67% | 11.86% | 7.67% | 23.82% | 20.20% | 13.74% |
EVX VanEck Vectors Environmental Services ETF | 4.83% | 8.35% | 1.31% | 12.99% | 18.96% | 12.57% |
FTEC Fidelity MSCI Information Technology Index ETF | -9.19% | 17.70% | -3.47% | 11.31% | 19.02% | 18.51% |
KBWP Invesco KBW Property & Casualty Insurance ETF | 5.70% | 6.69% | 9.17% | 19.75% | 22.31% | 13.03% |
IWY iShares Russell Top 200 Growth ETF | -7.17% | 14.50% | -0.43% | 13.66% | 18.33% | 16.09% |
SMH VanEck Vectors Semiconductor ETF | -10.14% | 20.36% | -10.52% | 0.39% | 27.32% | 23.61% |
NVDA NVIDIA Corporation | -15.24% | 20.69% | -16.33% | 28.22% | 71.19% | 70.64% |
Monthly Returns
The table below presents the monthly returns of P1, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 2.27% | 5.93% | -1.17% | 3.77% | 0.84% | 12.02% | |||||||
| 2024 | 7.35% | 4.68% | 3.40% | -3.33% | 5.57% | 1.56% | 3.53% | 4.99% | 1.15% | -0.94% | 8.50% | -4.52% | 35.88% |
| 2023 | 7.36% | 0.52% | 1.03% | 3.02% | 1.09% | 5.13% | 3.85% | 0.70% | -3.30% | 0.18% | 8.56% | 2.99% | 35.20% |
| 2022 | -1.40% | -0.41% | 7.03% | -6.07% | 0.24% | -7.31% | 5.81% | -4.16% | -7.49% | 8.38% | 9.26% | -2.54% | -0.69% |
| 2021 | -0.53% | 5.99% | 4.99% | 5.28% | 2.94% | -1.64% | -0.24% | 3.24% | -5.17% | 5.33% | 2.39% | 6.44% | 32.29% |
| 2020 | 0.54% | -7.04% | -13.20% | 4.24% | 3.59% | 3.78% | 5.90% | 7.98% | -2.15% | -4.71% | 12.53% | 4.42% | 13.90% |
| 2019 | 7.85% | 3.01% | 0.17% | 6.54% | -4.68% | 6.79% | -0.43% | -1.38% | 1.16% | -0.10% | 3.93% | 2.86% | 28.03% |
| 2018 | 6.11% | -2.71% | -0.03% | 0.44% | 1.48% | -2.38% | 2.98% | 3.54% | 0.40% | -6.53% | 0.54% | -8.21% | -5.17% |
| 2017 | 1.26% | 2.52% | 1.03% | 1.22% | 3.25% | 1.78% | 5.01% | 1.93% | 2.43% | 2.33% | 3.46% | -0.76% | 28.50% |
| 2016 | 0.00% | 1.60% | 6.66% | -2.28% | 1.26% | 1.34% | 5.03% | 3.72% | 3.07% | -3.92% | 3.70% | 2.25% | 24.28% |
| 2015 | -2.63% | 4.38% | 3.78% | 0.44% | -0.10% | -2.86% | 2.89% | -0.93% | -3.51% | 6.33% | -1.05% | -0.13% | 6.25% |
| 2014 | -4.04% | 4.78% | 3.25% | 0.15% | 2.61% | 1.68% | -1.66% | 3.73% | -1.49% | 1.89% | 5.75% | 1.13% | 18.78% |
Expense Ratio
P1 has an expense ratio of 0.08%, which is considered low. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 95, P1 is among the top 5% of portfolios on our website when it comes to balancing risk and reward. Below is 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 | |
|---|---|---|---|---|---|
FFH.TO Fairfax Financial Holdings Limited | 1.66 | 2.29 | 1.33 | 3.47 | 11.66 |
BRK-B Berkshire Hathaway Inc. | 1.29 | 1.81 | 1.27 | 2.87 | 7.27 |
NTDOY Nintendo Co ADR | 2.38 | 3.00 | 1.40 | 3.71 | 13.23 |
SZLMY Swiss Life Holding AG ADR | 2.06 | 2.69 | 1.36 | 4.26 | 13.27 |
PGR The Progressive Corporation | 1.42 | 1.92 | 1.27 | 2.83 | 6.96 |
XLP Consumer Staples Select Sector SPDR Fund | 0.63 | 0.97 | 1.12 | 1.00 | 2.61 |
LGLV SPDR SSGA US Large Cap Low Volatility Index ETF | 1.06 | 1.50 | 1.22 | 1.37 | 4.69 |
NDAQ Nasdaq, Inc. | 1.33 | 1.87 | 1.27 | 1.55 | 5.61 |
XLF Financial Select Sector SPDR Fund | 1.02 | 1.49 | 1.22 | 1.32 | 5.05 |
EVX VanEck Vectors Environmental Services ETF | 0.59 | 0.94 | 1.13 | 0.69 | 2.30 |
FTEC Fidelity MSCI Information Technology Index ETF | 0.34 | 0.67 | 1.09 | 0.37 | 1.23 |
KBWP Invesco KBW Property & Casualty Insurance ETF | 0.82 | 1.19 | 1.17 | 1.35 | 3.31 |
IWY iShares Russell Top 200 Growth ETF | 0.48 | 0.82 | 1.12 | 0.51 | 1.69 |
SMH VanEck Vectors Semiconductor ETF | -0.02 | 0.28 | 1.04 | -0.02 | -0.04 |
NVDA NVIDIA Corporation | 0.48 | 1.04 | 1.13 | 0.77 | 1.93 |
Dividends
Dividend yield
P1 provided a 1.16% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 1.16% | 1.25% | 1.33% | 1.54% | 1.90% | 1.87% | 1.55% | 1.72% | 1.67% | 1.63% | 1.69% | 2.13% |
| Portfolio components: | ||||||||||||
FFH.TO Fairfax Financial Holdings Limited | 0.98% | 1.01% | 1.10% | 1.56% | 2.05% | 3.01% | 2.17% | 2.06% | 1.96% | 2.24% | 1.81% | 1.80% |
BRK-B Berkshire Hathaway Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NTDOY Nintendo Co ADR | 0.44% | 1.60% | 1.88% | 2.85% | 3.14% | 1.90% | 1.61% | 1.65% | 1.31% | 0.43% | 2.02% | 0.74% |
SZLMY Swiss Life Holding AG ADR | 3.55% | 4.69% | 4.61% | 4.98% | 3.64% | 4.47% | 0.49% | 3.66% | 3.16% | 3.14% | 2.53% | 2.61% |
PGR The Progressive Corporation | 1.74% | 0.48% | 0.25% | 0.31% | 6.23% | 2.68% | 3.89% | 1.86% | 1.21% | 2.50% | 2.16% | 5.53% |
XLP Consumer Staples Select Sector SPDR Fund | 2.50% | 2.77% | 2.63% | 2.47% | 2.28% | 2.50% | 2.57% | 3.04% | 2.62% | 2.53% | 2.53% | 2.40% |
LGLV SPDR SSGA US Large Cap Low Volatility Index ETF | 1.94% | 1.93% | 2.03% | 1.95% | 1.65% | 1.98% | 1.89% | 2.09% | 4.39% | 2.54% | 2.97% | 7.14% |
NDAQ Nasdaq, Inc. | 1.23% | 1.22% | 1.48% | 1.27% | 1.00% | 1.46% | 1.73% | 2.08% | 1.90% | 1.80% | 1.55% | 1.21% |
XLF Financial Select Sector SPDR Fund | 1.44% | 1.42% | 1.71% | 2.04% | 1.63% | 2.03% | 1.87% | 2.08% | 1.48% | 1.63% | 2.40% | 1.98% |
EVX VanEck Vectors Environmental Services ETF | 0.44% | 0.46% | 0.95% | 0.41% | 0.24% | 0.33% | 0.44% | 0.38% | 0.89% | 0.70% | 1.16% | 1.58% |
FTEC Fidelity MSCI Information Technology Index ETF | 0.54% | 0.49% | 0.77% | 0.93% | 0.63% | 0.83% | 1.03% | 1.20% | 0.96% | 1.25% | 1.27% | 1.09% |
KBWP Invesco KBW Property & Casualty Insurance ETF | 1.70% | 1.64% | 1.68% | 1.99% | 3.02% | 1.93% | 1.99% | 2.11% | 1.90% | 2.14% | 1.35% | 2.73% |
IWY iShares Russell Top 200 Growth ETF | 0.45% | 0.42% | 0.68% | 0.88% | 0.50% | 0.71% | 1.06% | 1.32% | 1.26% | 1.51% | 1.58% | 1.44% |
SMH VanEck Vectors Semiconductor ETF | 0.49% | 0.44% | 0.60% | 1.18% | 0.51% | 0.69% | 1.50% | 1.88% | 1.43% | 0.80% | 2.14% | 1.16% |
NVDA NVIDIA Corporation | 0.03% | 0.02% | 0.03% | 0.11% | 0.05% | 0.12% | 0.27% | 0.46% | 0.29% | 0.45% | 1.20% | 1.70% |
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 P1. 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 P1 was 32.97%, occurring on Mar 23, 2020. Recovery took 116 trading sessions.
The current P1 drawdown is 0.85%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -32.97% | Feb 20, 2020 | 23 | Mar 23, 2020 | 116 | Sep 2, 2020 | 139 |
| -19.3% | Mar 30, 2022 | 141 | Oct 14, 2022 | 72 | Jan 26, 2023 | 213 |
| -18.26% | Sep 21, 2018 | 67 | Dec 24, 2018 | 85 | Apr 26, 2019 | 152 |
| -9.99% | Apr 3, 2025 | 4 | Apr 8, 2025 | 12 | Apr 25, 2025 | 16 |
| -8.79% | Oct 29, 2015 | 56 | Jan 18, 2016 | 33 | Mar 4, 2016 | 89 |
Volatility
Volatility Chart
The current P1 volatility is 11.12%, 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
Diversification Metrics
Number of Effective Assets
The portfolio contains 15 assets, with an effective number of assets of 10.14, reflecting the diversification based on asset allocation. This number of effective assets suggests that the portfolio's investments are spread across a variety of assets, indicating a well-diversified allocation. However, true diversification also depends on the correlations between assets.
Asset Correlations Table
| ^GSPC | SZLMY | NTDOY | FFH.TO | PGR | NVDA | XLP | NDAQ | EVX | KBWP | SMH | BRK-B | LGLV | FTEC | XLF | IWY | Portfolio | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ^GSPC | 1.00 | 0.21 | 0.32 | 0.33 | 0.45 | 0.62 | 0.60 | 0.59 | 0.61 | 0.54 | 0.77 | 0.69 | 0.76 | 0.90 | 0.77 | 0.93 | 0.81 |
| SZLMY | 0.21 | 1.00 | 0.08 | 0.20 | 0.10 | 0.11 | 0.14 | 0.13 | 0.23 | 0.22 | 0.17 | 0.23 | 0.22 | 0.15 | 0.27 | 0.15 | 0.33 |
| NTDOY | 0.32 | 0.08 | 1.00 | 0.11 | 0.14 | 0.25 | 0.20 | 0.21 | 0.18 | 0.15 | 0.29 | 0.20 | 0.24 | 0.33 | 0.23 | 0.33 | 0.44 |
| FFH.TO | 0.33 | 0.20 | 0.11 | 1.00 | 0.18 | 0.20 | 0.23 | 0.21 | 0.28 | 0.31 | 0.24 | 0.29 | 0.31 | 0.27 | 0.31 | 0.27 | 0.63 |
| PGR | 0.45 | 0.10 | 0.14 | 0.18 | 1.00 | 0.19 | 0.46 | 0.35 | 0.33 | 0.63 | 0.26 | 0.52 | 0.51 | 0.33 | 0.51 | 0.37 | 0.53 |
| NVDA | 0.62 | 0.11 | 0.25 | 0.20 | 0.19 | 1.00 | 0.22 | 0.34 | 0.30 | 0.20 | 0.80 | 0.31 | 0.34 | 0.74 | 0.38 | 0.69 | 0.55 |
| XLP | 0.60 | 0.14 | 0.20 | 0.23 | 0.46 | 0.22 | 1.00 | 0.44 | 0.42 | 0.49 | 0.33 | 0.55 | 0.68 | 0.43 | 0.50 | 0.50 | 0.56 |
| NDAQ | 0.59 | 0.13 | 0.21 | 0.21 | 0.35 | 0.34 | 0.44 | 1.00 | 0.42 | 0.43 | 0.41 | 0.49 | 0.56 | 0.51 | 0.54 | 0.54 | 0.57 |
| EVX | 0.61 | 0.23 | 0.18 | 0.28 | 0.33 | 0.30 | 0.42 | 0.42 | 1.00 | 0.50 | 0.44 | 0.50 | 0.63 | 0.49 | 0.58 | 0.50 | 0.58 |
| KBWP | 0.54 | 0.22 | 0.15 | 0.31 | 0.63 | 0.20 | 0.49 | 0.43 | 0.50 | 1.00 | 0.30 | 0.65 | 0.65 | 0.36 | 0.70 | 0.39 | 0.63 |
| SMH | 0.77 | 0.17 | 0.29 | 0.24 | 0.26 | 0.80 | 0.33 | 0.41 | 0.44 | 0.30 | 1.00 | 0.43 | 0.49 | 0.86 | 0.52 | 0.78 | 0.64 |
| BRK-B | 0.69 | 0.23 | 0.20 | 0.29 | 0.52 | 0.31 | 0.55 | 0.49 | 0.50 | 0.65 | 0.43 | 1.00 | 0.65 | 0.50 | 0.83 | 0.54 | 0.71 |
| LGLV | 0.76 | 0.22 | 0.24 | 0.31 | 0.51 | 0.34 | 0.68 | 0.56 | 0.63 | 0.65 | 0.49 | 0.65 | 1.00 | 0.59 | 0.68 | 0.63 | 0.71 |
| FTEC | 0.90 | 0.15 | 0.33 | 0.27 | 0.33 | 0.74 | 0.43 | 0.51 | 0.49 | 0.36 | 0.86 | 0.50 | 0.59 | 1.00 | 0.57 | 0.95 | 0.71 |
| XLF | 0.77 | 0.27 | 0.23 | 0.31 | 0.51 | 0.38 | 0.50 | 0.54 | 0.58 | 0.70 | 0.52 | 0.83 | 0.68 | 0.57 | 1.00 | 0.59 | 0.73 |
| IWY | 0.93 | 0.15 | 0.33 | 0.27 | 0.37 | 0.69 | 0.50 | 0.54 | 0.50 | 0.39 | 0.78 | 0.54 | 0.63 | 0.95 | 0.59 | 1.00 | 0.73 |
| Portfolio | 0.81 | 0.33 | 0.44 | 0.63 | 0.53 | 0.55 | 0.56 | 0.57 | 0.58 | 0.63 | 0.64 | 0.71 | 0.71 | 0.71 | 0.73 | 0.73 | 1.00 |