Top 12 starting 2024

Performance

Risk-Adjusted Performance

Dividends

Drawdowns

Volatility

Diversification

Top 12 starting 2024

Currency in USD · Last updated May 17, 2025

Asset Allocation

Position	Category/Sector	Target Weight
ADBE Adobe Inc	Technology	3%
AMD Advanced Micro Devices, Inc.	Technology	3%
CMG Chipotle Mexican Grill, Inc.	Consumer Cyclical	3%
CRM salesforce.com, inc.	Technology	3%
INTU Intuit Inc.	Technology	3%
LLY Eli Lilly and Company	Healthcare	3%
MELI MercadoLibre, Inc.	Consumer Cyclical	3%
PANW Palo Alto Networks, Inc.	Technology	3%
TSLA Tesla, Inc.	Consumer Cyclical	3%
V Visa Inc.	Financial Services	3%
VGT Vanguard Information Technology ETF	Technology Equities	35%
VOO Vanguard S&P 500 ETF	Large Cap Growth Equities	35%

Benchmark

Rebalance

Performance

Performance Chart

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The earliest data available for this chart is Jul 20, 2012, corresponding to the inception date of PANW

Returns By Period

As of May 17, 2025, the Top 12 starting 2024 returned 1.53% Year-To-Date and 21.17% of annualized return in the last 10 years.

	YTD	1M	6M	1Y	5Y*	10Y*
^GSPC S&P 500	1.30%	12.94%	1.49%	12.48%	15.82%	10.87%
Top 12 starting 2024	1.53%	17.73%	2.81%	15.46%	22.63%	21.17%
Portfolio components:
VOO Vanguard S&P 500 ETF	1.73%	13.04%	2.12%	13.91%	17.57%	12.85%
VGT Vanguard Information Technology ETF	-0.69%	21.46%	2.54%	16.14%	20.98%	20.03%
ADBE Adobe Inc	-6.20%	21.19%	-17.13%	-13.62%	2.70%	18.06%
AMD Advanced Micro Devices, Inc.	-3.00%	32.71%	-13.14%	-27.95%	16.71%	48.42%
CMG Chipotle Mexican Grill, Inc.	-13.23%	8.82%	-10.76%	-16.84%	21.96%	15.22%
CRM salesforce.com, inc.	-12.78%	16.53%	-10.24%	2.87%	11.38%	15.20%
INTU Intuit Inc.	7.01%	13.98%	-2.22%	3.25%	19.47%	21.58%
LLY Eli Lilly and Company	-1.52%	3.27%	1.88%	-1.11%	38.32%	28.65%
MELI MercadoLibre, Inc.	52.01%	25.22%	37.50%	48.63%	27.31%	33.55%
PANW Palo Alto Networks, Inc.	6.06%	13.68%	-0.27%	21.84%	39.15%	22.07%
TSLA Tesla, Inc.	-13.34%	44.89%	9.12%	100.17%	45.84%	35.84%
V Visa Inc.	15.92%	10.38%	18.31%	31.43%	15.61%	18.81%

*Annualized

Monthly Returns

The table below presents the monthly returns of Top 12 starting 2024, 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	1.16%	-2.11%	-7.29%	1.37%	9.10%								1.53%
2024	2.65%	4.85%	0.68%	-4.18%	4.66%	6.16%	-0.75%	2.78%	2.10%	-1.15%	6.90%	-1.52%	25.04%
2023	10.96%	-0.34%	8.14%	0.28%	5.64%	6.83%	2.86%	-0.51%	-5.59%	-1.69%	13.24%	4.42%	52.00%
2022	-7.72%	-3.24%	3.77%	-10.85%	-1.21%	-8.60%	12.55%	-4.71%	-10.25%	7.30%	4.89%	-8.18%	-25.80%
2021	-0.08%	1.00%	0.71%	5.55%	-0.72%	6.41%	4.08%	4.36%	-4.91%	8.27%	1.32%	1.99%	30.97%
2020	4.83%	-7.33%	-11.20%	15.58%	8.27%	5.68%	7.65%	12.65%	-5.41%	-4.19%	13.91%	6.01%	51.39%
2019	9.25%	6.77%	3.37%	3.43%	-6.79%	7.56%	2.95%	-1.55%	0.24%	3.73%	5.02%	4.74%	44.93%
2018	8.46%	-1.49%	-3.19%	2.37%	5.02%	1.28%	3.39%	7.56%	1.23%	-7.63%	1.46%	-8.00%	9.30%
2017	5.08%	5.41%	0.75%	2.10%	3.57%	-0.81%	2.56%	1.34%	1.00%	3.44%	2.39%	0.47%	30.76%
2016	-7.00%	-0.53%	8.44%	-0.82%	4.05%	-0.69%	6.34%	1.23%	1.43%	-1.73%	1.28%	2.50%	14.52%
2015	-2.85%	7.40%	-2.57%	1.78%	2.85%	-1.72%	2.32%	-6.56%	-1.44%	7.70%	2.56%	-1.49%	7.25%
2014	-1.68%	6.95%	-1.13%	-1.35%	3.02%	4.11%	-0.83%	5.15%	-1.55%	2.71%	3.96%	-1.19%	19.15%

Expense Ratio

Top 12 starting 2024 has an expense ratio of 0.05%, 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.

VGT

Vanguard Information Technology ETF

VOO

Vanguard S&P 500 ETF

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of Top 12 starting 2024 is 39, indicating average performance compared to other portfolios on our website. Here’s a breakdown of how it compares using common performance measures.

Overall Rank

Sharpe Ratio Rank

Sortino Ratio Rank

Omega Ratio Rank

Calmar Ratio Rank

Martin Ratio Rank

The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.

Portfolio components

	Sharpe ratio	Sortino ratio	Omega ratio	Calmar ratio	Martin ratio
VOO Vanguard S&P 500 ETF	0.72	1.20	1.18	0.81	3.09
VGT Vanguard Information Technology ETF	0.54	1.02	1.14	0.67	2.19
ADBE Adobe Inc	-0.37	-0.22	0.97	-0.24	-0.59
AMD Advanced Micro Devices, Inc.	-0.53	-0.35	0.96	-0.37	-0.78
CMG Chipotle Mexican Grill, Inc.	-0.49	-0.54	0.93	-0.54	-0.95
CRM salesforce.com, inc.	0.07	0.47	1.07	0.16	0.38
INTU Intuit Inc.	0.10	0.51	1.06	0.27	0.58
LLY Eli Lilly and Company	-0.03	0.27	1.04	-0.00	-0.00
MELI MercadoLibre, Inc.	1.23	1.86	1.25	2.42	5.94
PANW Palo Alto Networks, Inc.	0.61	1.29	1.16	1.04	3.14
TSLA Tesla, Inc.	1.40	2.11	1.25	1.66	4.00
V Visa Inc.	1.45	2.01	1.30	2.18	7.28

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.

Top 12 starting 2024 Sharpe ratios as of May 17, 2025 (values are recalculated daily):

1-Year: 0.64
5-Year: 1.00
10-Year: 0.96
All Time: 1.08

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

Compared to the broad market, where average Sharpe ratios range from 0.56 to 1.05, 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 Top 12 starting 2024 compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time. For deeper analysis or to customize the calculation, use the Sharpe ratio tool.

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Dividends

Dividend yield

Top 12 starting 2024 provided a 0.70% dividend yield over the last twelve months.

	TTM	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Portfolio	0.70%	0.72%	0.80%	0.99%	0.73%	0.91%	1.15%	1.28%	1.09%	1.31%	1.32%	1.19%
Portfolio components:
VOO Vanguard S&P 500 ETF	1.28%	1.24%	1.46%	1.69%	1.25%	1.54%	1.88%	2.06%	1.78%	2.02%	2.10%	1.85%
VGT Vanguard Information Technology ETF	0.52%	0.60%	0.65%	0.91%	0.64%	0.82%	1.11%	1.29%	0.99%	1.31%	1.28%	1.12%
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%
AMD Advanced Micro Devices, 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%
CMG Chipotle Mexican Grill, 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%
CRM salesforce.com, inc.	0.56%	0.48%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
INTU Intuit Inc.	0.60%	0.60%	0.52%	0.72%	0.38%	0.42%	0.74%	0.83%	0.89%	1.08%	1.09%	0.89%
LLY Eli Lilly and Company	0.74%	0.67%	0.78%	1.07%	1.23%	1.75%	1.96%	1.95%	2.46%	2.77%	2.37%	2.84%
MELI MercadoLibre, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.19%	0.38%	0.36%	0.52%
PANW Palo Alto 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%
TSLA Tesla, 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%
V Visa Inc.	0.63%	0.68%	0.72%	0.76%	0.62%	0.56%	0.56%	0.67%	0.61%	0.75%	0.64%	0.64%

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 Top 12 starting 2024. 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 Top 12 starting 2024 was 33.59%, occurring on Mar 23, 2020. Recovery took 63 trading sessions.

The current Top 12 starting 2024 drawdown is 2.93%.

Depth	Start	To Bottom	Bottom	To Recover	End	Total
-33.59%	Feb 20, 2020	23	Mar 23, 2020	63	Jun 22, 2020	86
-30.56%	Dec 28, 2021	202	Oct 14, 2022	185	Jul 13, 2023	387
-22.88%	Dec 9, 2024	82	Apr 8, 2025	—	—	—
-20.98%	Oct 2, 2018	58	Dec 24, 2018	45	Mar 1, 2019	103
-16.46%	Dec 2, 2015	47	Feb 9, 2016	74	May 25, 2016	121

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 12 assets, with an effective number of assets of 3.94, 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

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

	^GSPC	LLY	CMG	TSLA	AMD	PANW	MELI	V	CRM	INTU	ADBE	VOO	VGT	Portfolio
^GSPC	1.00	0.42	0.45	0.45	0.51	0.49	0.54	0.68	0.62	0.69	0.67	1.00	0.89	0.92
LLY	0.42	1.00	0.20	0.14	0.17	0.22	0.21	0.30	0.26	0.32	0.29	0.42	0.34	0.39
CMG	0.45	0.20	1.00	0.29	0.30	0.33	0.34	0.33	0.39	0.39	0.39	0.44	0.44	0.50
TSLA	0.45	0.14	0.29	1.00	0.35	0.36	0.37	0.29	0.39	0.37	0.38	0.45	0.48	0.56
AMD	0.51	0.17	0.30	0.35	1.00	0.34	0.38	0.36	0.42	0.42	0.46	0.51	0.59	0.63
PANW	0.49	0.22	0.33	0.36	0.34	1.00	0.40	0.37	0.51	0.47	0.48	0.48	0.55	0.60
MELI	0.54	0.21	0.34	0.37	0.38	0.40	1.00	0.41	0.48	0.47	0.48	0.53	0.56	0.63
V	0.68	0.30	0.33	0.29	0.36	0.37	0.41	1.00	0.50	0.55	0.57	0.68	0.64	0.67
CRM	0.62	0.26	0.39	0.39	0.42	0.51	0.48	0.50	1.00	0.61	0.65	0.62	0.69	0.73
INTU	0.69	0.32	0.39	0.37	0.42	0.47	0.47	0.55	0.61	1.00	0.66	0.69	0.72	0.75
ADBE	0.67	0.29	0.39	0.38	0.46	0.48	0.48	0.57	0.65	0.66	1.00	0.67	0.73	0.76
VOO	1.00	0.42	0.44	0.45	0.51	0.48	0.53	0.68	0.62	0.69	0.67	1.00	0.89	0.92
VGT	0.89	0.34	0.44	0.48	0.59	0.55	0.56	0.64	0.69	0.72	0.73	0.89	1.00	0.96
Portfolio	0.92	0.39	0.50	0.56	0.63	0.60	0.63	0.67	0.73	0.75	0.76	0.92	0.96	1.00

The correlation results are calculated based on daily price changes starting from Jul 23, 2012

Performance Analysis

Risk Analysis

Optimization

Factor Model

Top 12 starting 2024

Asset Allocation

Performance

Performance Chart

Returns By Period

Monthly Returns

Expense Ratio

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

Risk-Adjusted Performance Indicators

Dividends

Dividend yield

Drawdowns

Drawdowns Chart

Worst Drawdowns

Volatility

Volatility Chart

Diversification

Diversification Metrics

Number of Effective Assets

Asset Correlations Table

Performance Analysis

Risk Analysis

Optimization

Factor Model

Portfolios

Screeners

Community