SMG - NEW | PortfoliosLab

Asset Allocation

Position	Category/Sector	Target Weight
GE General Electric Company	Industrials	7.69%
AVGO Broadcom Inc.	Technology	7.69%
ANET Arista Networks, Inc.	Technology	7.69%
TSM Taiwan Semiconductor Manufacturing Company Limited	Technology	7.69%
ORCL Oracle Corporation	Technology	7.69%
HWM Howmet Aerospace Inc.	Industrials	7.69%
ADBE Adobe Inc	Technology	7.69%
IBKR Interactive Brokers Group, Inc.	Financial Services	7.69%
APH Amphenol Corporation	Technology	7.69%
GD General Dynamics Corporation		7.69%
EME EMCOR Group, Inc.	Industrials	7.69%
IBM International Business Machines Corporation	Technology	7.69%
UBER Uber Technologies, Inc.	Technology	7.69%

Benchmark Against

Benchmark

S&P 500 Index

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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in SMG - NEW, 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.

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Returns By Period

Position	1D	1M	YTD	6M	1Y	3Y*	5Y*	10Y*
Benchmark S&P 500 Index	1.65%	1.97%	10.35%	10.82%	26.39%	19.66%	12.33%	13.81%
Portfolio SMG - NEW	2.59%	5.67%	13.32%	15.14%	38.58%	46.49%	33.39%	—
Portfolio components:
ADBE Adobe Inc	1.15%	-16.66%	-41.04%	-41.23%	-47.31%	-25.31%	-17.60%	8.00%
ANET Arista Networks, Inc.	3.58%	19.10%	29.05%	34.32%	83.10%	62.44%	49.04%	43.70%
APH Amphenol Corporation	3.11%	26.87%	17.58%	22.56%	72.68%	58.07%	37.31%	28.29%
AVGO Broadcom Inc.	3.11%	-7.35%	14.06%	16.39%	59.68%	67.77%	56.37%	41.61%
EME EMCOR Group, Inc.	2.34%	-7.75%	37.83%	35.11%	76.58%	69.04%	46.78%	34.03%
GD General Dynamics Corporation	-0.19%	7.48%	7.73%	6.45%	29.38%	20.71%	16.05%	12.39%
GE General Electric Company	2.08%	21.57%	11.27%	14.01%	45.42%	60.04%	39.22%	10.05%
HWM Howmet Aerospace Inc.	2.18%	3.88%	32.04%	37.25%	58.32%	81.03%	51.02%	32.89%
IBKR Interactive Brokers Group, Inc.	2.15%	6.73%	44.54%	47.85%	84.38%	67.46%	42.22%	26.98%
IBM International Business Machines Corporation	-1.30%	22.53%	-8.10%	-11.80%	-0.59%	29.13%	18.25%	10.88%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since May 10, 2019, SMG - NEW's average daily return is +0.12%, while the average monthly return is +2.46%. At this rate, an investment would double in approximately 2.4 years.

Historically, 65% of months were positive and 35% were negative. The best month was Nov 2020 with a return of +21.2%, while the worst month was Mar 2020 at -15.7%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 3 months.

On a daily basis, SMG - NEW closed higher 55% of trading days. The best single day was Apr 9, 2025 with a return of +11.0%, while the worst single day was Mar 16, 2020 at -12.8%.

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Total
2026	2.27%	-0.35%	-6.71%	13.05%	6.82%	-1.30%							13.32%
2025	7.15%	-3.15%	-7.78%	5.06%	14.78%	11.41%	5.84%	-0.11%	10.53%	4.16%	-4.99%	-1.58%	46.36%
2024	5.97%	11.79%	4.45%	-2.46%	6.84%	6.42%	1.61%	4.02%	5.13%	-0.57%	7.60%	-2.67%	58.79%
2023	8.32%	1.63%	5.38%	-1.95%	6.52%	9.15%	5.20%	2.46%	-5.96%	-0.05%	11.29%	5.14%	56.77%
2022	-5.85%	-1.96%	1.90%	-9.15%	-1.01%	-8.84%	11.55%	-0.29%	-10.30%	14.12%	9.72%	-4.80%	-8.29%
2021	-1.77%	6.14%	6.24%	2.72%	2.12%	1.33%	0.03%	1.10%	-3.07%	5.11%	0.25%	7.04%	30.19%

Benchmark Metrics

SMG - NEW has an annualized alpha of 13.57%, beta of 1.13, and R2 of 0.81 versus S&P 500 Index. Calculated based on daily prices since May 10, 2019.

This portfolio captured 152.04% of S&P 500 Index gains but only 91.27% of its losses - a favorable profile for investors.
This portfolio generated an annualized alpha of 13.57% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
With beta of 1.13 and R2 of 0.81, this portfolio moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.

Alpha: 13.57%

Beta: 1.13

R²: 0.81

Upside Capture: 152.04%

Downside Capture: 91.27%

See how alpha, beta & R² have trended over time →

Expense Ratio

SMG - NEW 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.

The portfolio doesn't include any funds that charge management fees.

Return for Risk

Risk / Return Rank

SMG - NEW ranks 24 for risk / return — below 24% of Portfolios on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

Overall Rank

Sharpe Ratio Rank

Sortino Ratio Rank

Omega Ratio Rank

Calmar Ratio Rank

Martin Ratio Rank

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below presents risk-adjusted performance metrics for SMG - NEW and compares them with S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	Portfolio	Benchmark	Difference
Sharpe ratioReturn per unit of total volatility	1.71	2.14	-0.42
Sortino ratioReturn per unit of downside risk	2.35	2.89	-0.54
Omega ratioGain probability vs. loss probability	1.30	1.39	-0.09
Calmar ratioReturn relative to maximum drawdown	2.37	2.91	-0.55
Martin ratioReturn relative to average drawdown	7.00	13.08	-6.08

How much return does each position deliver for the risk it carries? Higher values mean better reward for the risk taken.

Position	Risk / Return Rank	Sharpe ratio	Sortino ratio	Omega ratio	Calmar ratio	Martin ratio
ADBE Adobe Inc	2	-1.37	-2.13	0.75	-0.96	-1.84
ANET Arista Networks, Inc.	81	1.56	2.12	1.27	2.95	6.13
APH Amphenol Corporation	82	1.75	2.17	1.30	2.59	6.68
AVGO Broadcom Inc.	76	1.32	1.89	1.25	2.09	4.85
EME EMCOR Group, Inc.	85	1.99	2.38	1.36	3.06	7.53
GD General Dynamics Corporation	79	1.37	2.21	1.26	2.03	6.97
GE General Electric Company	78	1.45	1.99	1.26	2.19	5.91
HWM Howmet Aerospace Inc.	86	1.86	2.63	1.31	3.69	10.43
IBKR Interactive Brokers Group, Inc.	89	2.25	2.82	1.35	4.54	11.52
IBM International Business Machines Corporation	40	-0.02	0.26	1.04	-0.02	-0.04

Sharpe Ratio

The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk. Learn how to interpret the Sharpe ratio.

The current SMG - NEW Sharpe ratio is 1.71 as of Jun 13, 2026 (the value is recalculated daily), calculated over the past 12 months.

Compared to the broad market, where average Sharpe ratios range from 1.56 to 2.44, this portfolio's current Sharpe ratio falls between the 25th and 75th percentiles. This indicates that its risk-adjusted performance is in line with the majority of portfolios, suggesting a balanced approach to risk and return—likely suitable for a wide range of investors.

The chart below shows the rolling Sharpe ratio of SMG - NEW compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.

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Dividends

Dividend yield

SMG - NEW provided a 0.64% dividend yield over the last twelve months.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Portfolio	0.64%	0.66%	0.82%	1.03%	1.26%	1.11%	1.26%	1.72%	1.91%	1.44%	4.34%	1.35%
Portfolio components:
ADBE Adobe 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%
ANET Arista Networks, 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%
APH Amphenol Corporation	0.52%	0.55%	0.79%	1.07%	1.06%	0.89%	0.80%	0.89%	1.09%	0.80%	0.86%	1.01%
AVGO Broadcom Inc.	0.63%	0.70%	0.94%	1.71%	3.02%	2.24%	3.05%	3.54%	3.11%	1.87%	1.43%	1.13%
EME EMCOR Group, Inc.	0.15%	0.16%	0.20%	0.32%	0.36%	0.41%	0.35%	0.37%	0.54%	0.39%	0.45%	0.67%
GD General Dynamics Corporation	1.69%	1.76%	2.12%	2.01%	2.00%	2.24%	2.90%	2.26%	2.31%	1.61%	1.72%	1.96%
GE General Electric Company	0.45%	0.47%	0.67%	0.25%	0.38%	0.34%	0.37%	4.12%	4.89%	4.81%	2.94%	2.95%
HWM Howmet Aerospace Inc.	0.18%	0.21%	0.24%	0.31%	0.25%	0.13%	0.05%	0.39%	1.42%	0.88%	40.49%	1.22%
IBKR Interactive Brokers Group, Inc.	0.35%	0.47%	0.48%	0.48%	0.55%	0.50%	0.66%	0.86%	0.73%	0.68%	1.10%	0.92%
IBM International Business Machines Corporation	2.50%	2.27%	3.03%	4.05%	4.68%	4.74%	5.17%	4.80%	5.46%	3.85%	3.31%	3.63%

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 SMG - NEW. 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 SMG - NEW was 37.78%, occurring on Mar 23, 2020. Recovery took 160 trading sessions.

The current SMG - NEW drawdown is 7.12%.

Related event	Drawdown	Fall	Recovery	Underwater
COVID crash2020	-37.78%Mar 2020	1mo 9d	7mo 18d	8mo 27dFeb 2020 - Nov 2020
Bear market2022	-25.76%Jun 2022	5mo 12d	7mo 26d	1y 1moJan 2022 - Feb 2023
2025 selloff2025	-23.73%Apr 2025	2mo 10d	1mo 9d	3mo 19dJan 2025 - May 2025
2026 correction2026	-16.36%Mar 2026	5mo 1d	1mo 7d	6mo 8dOct 2025 - May 2026
2019 correction2019	-11.60%Aug 2019	17d	3mo 29d	4mo 16dJul 2019 - Dec 2019

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 13 assets, with an effective number of assets of 13.00, reflecting the diversification based on asset allocation. Your capital is spread almost evenly across your holdings, indicating a well-balanced allocation. Note that true diversification also depends on the correlations between assets — check the diversification ratio below.

Diversification Ratio

	1Y	3Y	5Y	All Time
Diversification Ratio	1.77	1.59	1.55	1.49

The portfolio has a diversification ratio of 1.49, in line with the typical range across portfolios. There's room to improve by adding less correlated assets.

SMG - NEW correlation to the S&P 500 Index

SMG - NEW has a 0.81 correlation to S&P 500 Index over the trailing 12 months. This section compares each holding's correlation to the benchmark and to the portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.81
Correlation (3Y) Calculated over the trailing 3-year period	0.82
Correlation (5Y) Calculated over the trailing 5-year period	0.86
Correlation (All Time) Calculated using the full available price history since May 10, 2019	0.86

Benchmark Correlations

Correlation vs. S&P 500 Index. APH has the highest benchmark correlation at 0.73, while GD has the lowest at 0.48.

0.48

UBER

0.49

0.53

0.53

0.54

0.57

0.59

0.59

0.62

0.62

0.62

0.70

0.73

Portfolio Correlations

Correlation vs. SMG - NEW. APH has the highest portfolio correlation at 0.78, while GD has the lowest at 0.49.

0.49

0.55

0.55

0.57

0.62

0.63

0.64

0.67

0.68

0.69

0.71

0.75

0.78

Asset Correlations Table

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

	GD	UBER	ADBE	IBM	IBKR	ORCL	GE	TSM	HWM	ANET	EME	AVGO	APH
GD	1.00	0.20	0.21	0.42	0.31	0.30	0.45	0.20	0.49	0.23	0.43	0.25	0.40
UBER	0.20	1.00	0.39	0.25	0.33	0.28	0.33	0.36	0.34	0.35	0.30	0.35	0.38
ADBE	0.21	0.39	1.00	0.32	0.28	0.44	0.20	0.39	0.23	0.45	0.21	0.48	0.39
IBM	0.42	0.25	0.32	1.00	0.32	0.41	0.41	0.30	0.37	0.31	0.38	0.36	0.42
IBKR	0.31	0.33	0.28	0.32	1.00	0.36	0.42	0.38	0.42	0.37	0.45	0.37	0.45
ORCL	0.30	0.28	0.44	0.41	0.36	1.00	0.33	0.41	0.33	0.46	0.37	0.48	0.47
GE	0.45	0.33	0.20	0.41	0.42	0.33	1.00	0.36	0.62	0.32	0.52	0.39	0.51
TSM	0.20	0.36	0.39	0.30	0.38	0.41	0.36	1.00	0.37	0.51	0.42	0.66	0.57
HWM	0.49	0.34	0.23	0.37	0.42	0.33	0.62	0.37	1.00	0.35	0.58	0.41	0.53
ANET	0.23	0.35	0.45	0.31	0.37	0.46	0.32	0.51	0.35	1.00	0.43	0.62	0.59
EME	0.43	0.30	0.21	0.38	0.45	0.37	0.52	0.42	0.58	0.43	1.00	0.44	0.59
AVGO	0.25	0.35	0.48	0.36	0.37	0.48	0.39	0.66	0.41	0.62	0.44	1.00	0.63
APH	0.40	0.38	0.39	0.42	0.45	0.47	0.51	0.57	0.53	0.59	0.59	0.63	1.00

The correlation results are calculated based on daily price changes starting from May 10, 2019

Diversification Analysis

Find what SMG - NEW is missing

See which holdings overlap, where SMG - NEW is concentrated, and which low-correlation assets could fill the gaps.

Analyze Diversification