2024 IIM Max Alpha Portfolio Model - Unoptimized
IIM Think Tank Equity Portfolio Model (Starting Positions) Stock Picks, Position Sizing & Re-balancing (buy, sell and hold signals) are based on proprietary IIM macro-quant-mental algorithm, aiming to beat 99% of hedge funds over the long term. This portfolio ignores flawed industry and academic theory such as Sharpe ratio, DCF, diversification, and volatility. Instead its Algo focuses on real-money USD return over the long term Unoptimized = Presents major risk to buy & hold investors + Lacks active risk-management necessary to preserve capital against major tail risks. IIM internal portfolio is re-balanced and composition changes based on R Algo signals. Not an Investment advice. Past performance not equal future performance. If you decide to use this portfolio model in your research or investment, please cite and credit IIM Think Tank with a hyperlink (see below). If you are a CIO or an institutional investor planning to allocate real money to this model, customize (optimize) it, or explore the potential risks and opportunities of this portfolio,, or need active management support and signals, then please contact: https://www.iim.education/think-tank/investment/ Lead Researcher & Portfolio Model Manager https://www.medjones.com/investment/
Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
GOOGL Alphabet Inc Class A | Communication Services | 33.33% |
MSFT Microsoft Corporation | Technology | 33.33% |
NVDA NVIDIA Corporation | Technology | 33.33% |
Performance
Performance Chart
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The earliest data available for this chart is Aug 19, 2004, corresponding to the inception date of GOOGL
Returns By Period
As of May 18, 2025, the 2024 IIM Max Alpha Portfolio Model - Unoptimized returned -1.09% Year-To-Date and 42.18% of annualized return in the last 10 years.
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | 1.30% | 12.79% | 1.49% | 12.35% | 15.12% | 10.89% |
| 2024 IIM Max Alpha Portfolio Model - Unoptimized | -1.09% | 22.15% | 0.72% | 15.83% | 39.42% | 42.18% |
| Portfolio components: | ||||||
NVDA NVIDIA Corporation | 0.84% | 33.41% | -4.62% | 46.45% | 73.38% | 75.04% |
MSFT Microsoft Corporation | 8.19% | 23.74% | 10.10% | 8.93% | 20.86% | 27.20% |
GOOGL Alphabet Inc Class A | -12.11% | 9.94% | -3.43% | -5.15% | 19.31% | 19.77% |
Monthly Returns
The table below presents the monthly returns of 2024 IIM Max Alpha Portfolio Model - Unoptimized, 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 | -1.41% | -6.23% | -9.21% | 2.83% | 14.59% | -1.09% | |||||||
| 2024 | 10.10% | 11.76% | 9.06% | -1.33% | 13.00% | 8.78% | -5.83% | -0.93% | 2.20% | 2.30% | 2.40% | 2.82% | 67.14% |
| 2023 | 16.38% | 4.65% | 17.35% | 3.32% | 18.97% | 4.51% | 6.67% | 2.18% | -6.68% | -1.43% | 11.32% | 3.29% | 111.65% |
| 2022 | -10.30% | -1.47% | 5.85% | -20.00% | -0.59% | -8.95% | 11.95% | -10.40% | -13.97% | 3.25% | 14.65% | -11.01% | -38.41% |
| 2021 | 2.70% | 5.56% | 0.43% | 11.17% | 2.62% | 12.18% | 4.33% | 9.30% | -7.22% | 17.30% | 8.51% | -3.08% | 81.85% |
| 2020 | 5.11% | 0.83% | -5.77% | 13.49% | 10.03% | 5.52% | 5.83% | 15.61% | -4.81% | -0.35% | 7.22% | 0.36% | 64.34% |
| 2019 | 6.07% | 5.04% | 8.82% | 4.47% | -12.34% | 8.36% | 5.66% | -0.53% | 2.48% | 7.26% | 5.91% | 5.28% | 54.97% |
| 2018 | 16.72% | -2.94% | -4.34% | -0.76% | 8.76% | -1.28% | 6.56% | 6.95% | 0.01% | -13.94% | -4.61% | -9.95% | -2.70% |
| 2017 | 3.29% | -1.38% | 3.36% | 2.92% | 15.19% | -2.16% | 6.51% | 2.98% | 2.40% | 11.16% | -0.34% | -0.14% | 51.74% |
| 2016 | -4.67% | -2.08% | 9.57% | -5.74% | 15.36% | -2.55% | 14.89% | 3.26% | 4.85% | 2.87% | 9.16% | 8.30% | 63.96% |
| 2015 | -5.31% | 9.67% | -4.47% | 8.23% | -1.27% | -5.38% | 8.91% | 1.45% | 3.20% | 16.51% | 6.54% | 2.69% | 45.77% |
| 2014 | 1.52% | 7.33% | -1.49% | -0.80% | 4.04% | 0.53% | -1.02% | 5.94% | -0.70% | 1.23% | 2.48% | -3.54% | 16.02% |
Expense Ratio
2024 IIM Max Alpha Portfolio Model - Unoptimized has an expense ratio of 0.00%, meaning no management fees are charged. 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
The current rank of 2024 IIM Max Alpha Portfolio Model - Unoptimized is 22, meaning it’s performing worse than 78% of other 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 | |
|---|---|---|---|---|---|
NVDA NVIDIA Corporation | 0.73 | 1.40 | 1.18 | 1.31 | 3.22 |
MSFT Microsoft Corporation | 0.34 | 0.75 | 1.10 | 0.43 | 0.94 |
GOOGL Alphabet Inc Class A | -0.13 | 0.13 | 1.02 | -0.07 | -0.14 |
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Dividends
Dividend yield
2024 IIM Max Alpha Portfolio Model - Unoptimized provided a 0.41% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 0.41% | 0.36% | 0.26% | 0.39% | 0.25% | 0.35% | 0.49% | 0.72% | 0.72% | 0.94% | 1.18% | 1.39% |
| Portfolio components: | ||||||||||||
NVDA NVIDIA Corporation | 0.02% | 0.02% | 0.03% | 0.11% | 0.05% | 0.12% | 0.27% | 0.46% | 0.29% | 0.45% | 1.20% | 1.70% |
MSFT Microsoft Corporation | 0.71% | 0.73% | 0.74% | 1.06% | 0.68% | 0.94% | 1.20% | 1.69% | 1.86% | 2.37% | 2.33% | 2.48% |
GOOGL Alphabet Inc Class A | 0.48% | 0.32% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the 2024 IIM Max Alpha Portfolio Model - Unoptimized. 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 2024 IIM Max Alpha Portfolio Model - Unoptimized was 68.72%, occurring on Nov 20, 2008. Recovery took 1264 trading sessions.
The current 2024 IIM Max Alpha Portfolio Model - Unoptimized drawdown is 7.32%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -68.72% | Nov 7, 2007 | 263 | Nov 20, 2008 | 1264 | Nov 29, 2013 | 1527 |
| -46.79% | Nov 22, 2021 | 240 | Nov 3, 2022 | 139 | May 25, 2023 | 379 |
| -31.92% | Feb 20, 2020 | 18 | Mar 16, 2020 | 44 | May 18, 2020 | 62 |
| -31.55% | Oct 2, 2018 | 58 | Dec 24, 2018 | 211 | Oct 25, 2019 | 269 |
| -27.4% | Jan 24, 2025 | 52 | Apr 8, 2025 | — | — | — |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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Diversification
Diversification Metrics
Number of Effective Assets
The portfolio contains 3 assets, with an effective number of assets of 3.00, reflecting the diversification based on asset allocation. This number of effective assets suggests a highly concentrated portfolio, where a few assets dominate the allocation, potentially increasing the portfolio's risk due to lack of diversification.
Asset Correlations Table
| ^GSPC | GOOGL | NVDA | MSFT | Portfolio | |
|---|---|---|---|---|---|
| ^GSPC | 1.00 | 0.63 | 0.59 | 0.69 | 0.73 |
| GOOGL | 0.63 | 1.00 | 0.47 | 0.56 | 0.76 |
| NVDA | 0.59 | 0.47 | 1.00 | 0.51 | 0.86 |
| MSFT | 0.69 | 0.56 | 0.51 | 1.00 | 0.75 |
| Portfolio | 0.73 | 0.76 | 0.86 | 0.75 | 1.00 |