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Fraserview

Last updated Mar 2, 2024

Asset Allocation


PGHY 40%BIV 4.17%QQQ 22.44%HEDJ 16.03%REZ 16.53%BondBondEquityEquityReal EstateReal Estate
PositionCategory/SectorWeight
PGHY
Invesco Global Short Term High Yield Bond ETF
High Yield Bonds

40%

BIV
Vanguard Intermediate-Term Bond ETF
Total Bond Market

4.17%

BIL
SPDR Barclays 1-3 Month T-Bill ETF
Government Bonds

0.83%

QQQ
Invesco QQQ
Large Cap Blend Equities

22.44%

HEDJ
WisdomTree Europe Hedged Equity Fund
Europe Equities

16.03%

REZ
iShares Residential Real Estate ETF
REIT

16.53%

S&P 500

Performance

The chart shows the growth of an initial investment of $10,000 in Fraserview, 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 Quarterly


120.00%140.00%160.00%180.00%200.00%220.00%OctoberNovemberDecember2024FebruaryMarch
169.83%
222.59%
Fraserview
Benchmark (^GSPC)
Portfolio components

The earliest data available for this chart is Jun 21, 2013, corresponding to the inception date of PGHY

Returns

As of Mar 2, 2024, the Fraserview returned 3.73% Year-To-Date and 9.10% of annualized return in the last 10 years.


Year-To-Date1 month6 months1 year5 years (annualized)10 years (annualized)
^GSPC
S&P 500
7.70%6.01%13.76%29.03%12.89%10.63%
Fraserview3.73%2.69%10.09%17.89%9.18%9.14%
BIL
SPDR Barclays 1-3 Month T-Bill ETF
0.51%0.01%2.24%4.76%1.75%1.15%
BIV
Vanguard Intermediate-Term Bond ETF
-1.11%-0.72%3.46%4.74%1.11%1.97%
PGHY
Invesco Global Short Term High Yield Bond ETF
2.78%1.58%7.43%10.32%2.75%3.25%
QQQ
Invesco QQQ
8.81%3.87%18.48%49.72%21.66%18.32%
HEDJ
WisdomTree Europe Hedged Equity Fund
8.70%5.94%15.68%21.17%13.93%13.16%
REZ
iShares Residential Real Estate ETF
-4.42%1.36%1.37%-1.91%3.50%7.09%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20240.12%2.85%
2023-1.27%-3.15%-2.47%6.96%4.85%

Sharpe Ratio

The current Fraserview Sharpe ratio is 2.33. A Sharpe ratio higher than 2.0 is considered very good.

0.002.004.002.33

The Sharpe ratio of Fraserview lies between the 25th and 75th percentiles. It indicates that the portfolio's risk-adjusted performance is in line with the majority of portfolios. This suggests a balanced approach to risk and return, which might be suitable for a broad range of investors.


Rolling 12-month Sharpe Ratio0.501.001.502.002.50OctoberNovemberDecember2024FebruaryMarch
2.33
2.44
Fraserview
Benchmark (^GSPC)
Portfolio components

Dividend yield

Fraserview granted a 4.52% dividend yield in the last twelve months.


TTM20232022202120202019201820172016201520142013
Fraserview4.52%4.47%3.35%2.81%3.38%3.20%3.56%3.47%4.23%4.22%3.70%2.11%
BIL
SPDR Barclays 1-3 Month T-Bill ETF
5.11%4.92%1.35%0.00%0.30%2.05%1.66%0.68%0.07%0.00%0.00%0.00%
BIV
Vanguard Intermediate-Term Bond ETF
3.28%3.09%2.41%3.42%2.95%2.75%2.88%2.69%2.38%3.02%3.96%4.22%
PGHY
Invesco Global Short Term High Yield Bond ETF
8.03%7.87%5.12%4.84%5.45%5.32%5.45%5.52%6.26%4.60%4.41%1.90%
QQQ
Invesco QQQ
0.57%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%1.01%
HEDJ
WisdomTree Europe Hedged Equity Fund
3.04%3.31%2.83%2.08%2.65%1.82%2.73%2.27%2.97%9.44%5.83%1.85%
REZ
iShares Residential Real Estate ETF
3.08%2.94%3.37%1.81%3.17%2.90%3.63%3.57%5.55%3.18%3.13%3.92%

Expense Ratio

The Fraserview has a high expense ratio of 0.36%, indicating higher-than-average management fees. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.


0.50%1.00%1.50%2.00%0.58%
0.50%1.00%1.50%2.00%0.48%
0.50%1.00%1.50%2.00%0.20%
0.50%1.00%1.50%2.00%0.14%
0.50%1.00%1.50%2.00%0.04%

Risk-Adjusted Performance

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 ratioSortino ratioOmega ratioCalmar ratioUlcer Index
^GSPC
S&P 500
2.44
Fraserview
2.33
BIL
SPDR Barclays 1-3 Month T-Bill ETF
9.79
BIV
Vanguard Intermediate-Term Bond ETF
0.69
PGHY
Invesco Global Short Term High Yield Bond ETF
2.05
QQQ
Invesco QQQ
3.28
HEDJ
WisdomTree Europe Hedged Equity Fund
1.77
REZ
iShares Residential Real Estate ETF
0.07

Asset Correlations Table

The table below displays the correlation coefficients between the individual components of the portfolio, the entire portfolio, and the chosen benchmark.

BILBIVPGHYREZQQQHEDJ
BIL1.000.03-0.01-0.010.000.02
BIV0.031.000.100.21-0.03-0.13
PGHY-0.010.101.000.180.240.25
REZ-0.010.210.181.000.370.36
QQQ0.00-0.030.240.371.000.67
HEDJ0.02-0.130.250.360.671.00

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-15.00%-10.00%-5.00%0.00%OctoberNovemberDecember2024FebruaryMarch00
Fraserview
Benchmark (^GSPC)
Portfolio components

Worst Drawdowns

The table below displays the maximum drawdowns of the Fraserview. 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 Fraserview was 26.33%, occurring on Mar 18, 2020. Recovery took 116 trading sessions.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-26.33%Feb 18, 202022Mar 18, 2020116Sep 1, 2020138
-19.61%Jan 4, 2022197Oct 14, 2022291Dec 12, 2023488
-9.24%Dec 30, 201530Feb 11, 201632Mar 30, 201662
-9.13%Aug 30, 201880Dec 24, 201838Feb 20, 2019118
-7.67%Jul 21, 201526Aug 25, 201548Nov 2, 201574

Volatility Chart

The current Fraserview volatility is 2.20%, 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.


1.50%2.00%2.50%3.00%3.50%4.00%4.50%5.00%OctoberNovemberDecember2024FebruaryMarch
2.20%
3.47%
Fraserview
Benchmark (^GSPC)
Portfolio components
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