Top 10 S&P Holdings by Weight + VOO

Asset Allocation

Position	Category/Sector	Target Weight
AAPL Apple Inc	Technology	4.55%
AMZN Amazon.com, Inc	Consumer Cyclical	4.55%
BRK-B Berkshire Hathaway Inc.	Financial Services	4.55%
GOOGL Alphabet Inc Class A	Communication Services	4.55%
META Meta Platforms, Inc.	Communication Services	4.55%
MSFT Microsoft Corporation	Technology	4.55%
NVDA NVIDIA Corporation	Technology	4.55%
SHOP Shopify Inc.	Technology	4.55%
SMH VanEck Semiconductor ETF	Semiconductors, Technology Equities	10%
TSLA Tesla, Inc.	Consumer Cyclical	4.55%
UNH UnitedHealth Group Incorporated	Healthcare	4.55%
VOO Vanguard S&P 500 ETF	S&P 500	40%
WM Waste Management, Inc.	Industrials	4.55%

Benchmark Against

Benchmark

S&P 500 Index

Rebalance

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Top 10 S&P Holdings by Weight + VOO, 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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The earliest data available for this chart is May 21, 2015, corresponding to the inception date of SHOP

Returns By Period

As of Apr 3, 2026, the Top 10 S&P Holdings by Weight + VOO returned -5.96% Year-To-Date and 25.11% of annualized return in the last 10 years.

	1D	1M	YTD	6M	1Y	3Y*	5Y*	10Y*
Benchmark S&P 500 Index	0.11%	-3.43%	-3.84%	-1.98%	16.08%	16.86%	10.37%	12.29%
Portfolio Top 10 S&P Holdings by Weight + VOO	-0.07%	-3.24%	-5.96%	-3.30%	21.57%	26.87%	17.90%	25.11%
Portfolio components:
AMZN Amazon.com, Inc	-0.38%	0.50%	-9.12%	-5.68%	7.02%	27.00%	5.83%	21.61%
MSFT Microsoft Corporation	1.11%	-7.54%	-22.60%	-27.29%	-1.52%	10.00%	9.94%	22.58%
NVDA NVIDIA Corporation	0.93%	-1.47%	-4.88%	-6.08%	60.69%	85.17%	66.71%	70.07%
AAPL Apple Inc	0.11%	-2.97%	-5.78%	-0.28%	14.80%	16.04%	16.39%	26.10%
GOOGL Alphabet Inc Class A	-0.54%	-2.50%	-5.44%	20.55%	88.99%	41.91%	22.87%	22.80%
TSLA Tesla, Inc.	-5.42%	-8.11%	-19.82%	-17.30%	27.53%	22.79%	10.33%	36.16%
META Meta Platforms, Inc.	-0.82%	-12.23%	-12.90%	-20.86%	-1.31%	39.54%	14.16%	17.80%
BRK-B Berkshire Hathaway Inc.	-0.24%	-0.83%	-5.03%	-3.74%	-11.23%	15.44%	13.08%	12.79%
UNH UnitedHealth Group Incorporated	1.20%	-3.39%	-15.36%	-20.48%	-45.51%	-15.89%	-3.82%	9.69%
VOO Vanguard S&P 500 ETF	0.11%	-3.33%	-3.55%	-1.41%	17.60%	18.47%	11.96%	14.19%

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

Monthly Returns

Based on dividend-adjusted daily data since May 22, 2015, Top 10 S&P Holdings by Weight + VOO's average daily return is +0.09%, while the average monthly return is +1.92%. At this rate, your investment would double in approximately 3.0 years.

Historically, 69% of months were positive and 31% were negative. The best month was Apr 2020 with a return of +17.2%, while the worst month was Apr 2022 at -12.4%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 3 months.

On a daily basis, Top 10 S&P Holdings by Weight + VOO closed higher 57% of trading days. The best single day was Apr 9, 2025 with a return of +11.4%, while the worst single day was Mar 16, 2020 at -12.9%.

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Total
2026	0.34%	-2.16%	-5.15%	0.99%									-5.96%
2025	3.23%	-3.56%	-6.37%	-1.08%	7.82%	5.96%	2.25%	3.50%	6.24%	3.63%	-0.61%	0.49%	22.58%
2024	2.43%	7.77%	3.09%	-3.64%	5.61%	5.91%	0.19%	2.29%	3.10%	-0.78%	8.29%	-0.93%	37.98%
2023	12.53%	0.12%	8.30%	0.94%	7.25%	7.37%	3.89%	-1.58%	-5.14%	-2.29%	11.77%	4.38%	56.80%
2022	-7.80%	-4.57%	5.42%	-12.43%	-1.23%	-9.59%	12.00%	-5.52%	-10.05%	4.02%	7.82%	-8.43%	-29.09%
2021	-0.13%	2.16%	3.52%	6.56%	0.52%	5.14%	2.44%	4.21%	-5.30%	9.76%	2.75%	1.93%	38.25%

Benchmark Metrics

Top 10 S&P Holdings by Weight + VOO has an annualized alpha of 10.69%, beta of 1.14, and R² of 0.91 versus S&P 500 Index. Calculated based on daily prices since May 22, 2015.

This portfolio captured 149.19% of S&P 500 Index gains but only 93.52% of its losses — a favorable profile for investors.
This portfolio generated an annualized alpha of 10.69% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
With beta of 1.14 and R² of 0.91, 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: 10.69%

Beta: 1.14

R²: 0.91

Upside Capture: 149.19%

Downside Capture: 93.52%

Expense Ratio

Top 10 S&P Holdings by Weight + VOO 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.

SMH

VanEck Semiconductor ETF

VOO

Vanguard S&P 500 ETF

Return for Risk

Risk / Return Rank

Top 10 S&P Holdings by Weight + VOO ranks 32 for risk / return — below 32% 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

	Portfolio	Benchmark	Difference
Sharpe ratio Return per unit of total volatility	0.99	0.88	+0.11
Sortino ratio Return per unit of downside risk	1.55	1.37	+0.19
Omega ratio Gain probability vs. loss probability	1.22	1.21	+0.01
Calmar ratio Return relative to maximum drawdown	1.82	1.39	+0.43
Martin ratio Return relative to average drawdown	6.66	6.43	+0.23
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

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

	Risk / Return Rank	Sharpe ratio	Sortino ratio	Omega ratio	Calmar ratio	Martin ratio
AMZN Amazon.com, Inc	46	0.20	0.55	1.07	0.42	1.00
MSFT Microsoft Corporation	35	-0.06	0.11	1.01	-0.05	-0.12
NVDA NVIDIA Corporation	81	1.47	2.17	1.27	3.02	7.54
AAPL Apple Inc	55	0.47	0.92	1.13	0.66	2.04
GOOGL Alphabet Inc Class A	94	2.91	3.87	1.48	4.37	16.63
TSLA Tesla, Inc.	60	0.50	1.10	1.13	1.25	3.01
META Meta Platforms, Inc.	36	-0.03	0.25	1.03	-0.05	-0.12
BRK-B Berkshire Hathaway Inc.	15	-0.62	-0.73	0.90	-0.70	-1.19
UNH UnitedHealth Group Incorporated	11	-0.89	-1.09	0.82	-0.76	-1.00
VOO Vanguard S&P 500 ETF	54	0.98	1.49	1.23	1.53	7.13

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.

Top 10 S&P Holdings by Weight + VOO Sharpe ratios as of Apr 3, 2026 (values are recalculated daily):

1-Year: 0.99
5-Year: 0.84
10-Year: 1.16
All Time: 1.12

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 1.00 to 1.69, this portfolio's current Sharpe ratio places it in the bottom 25%. This suggests weaker risk-adjusted returns than most portfolios, possibly due to lower returns, higher volatility, or both. It may be worth reviewing the allocation. You can use the Portfolio Optimization tool to explore options for improving the Sharpe ratio.

The chart below shows the rolling Sharpe ratio of Top 10 S&P Holdings by Weight + VOO 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

Top 10 S&P Holdings by Weight + VOO provided a 0.80% dividend yield over the last twelve months.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Portfolio	0.80%	0.75%	0.77%	0.83%	1.01%	0.72%	0.91%	1.16%	1.35%	1.17%	1.27%	1.51%
Portfolio components:
AMZN Amazon.com, 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%
MSFT Microsoft Corporation	0.93%	0.70%	0.73%	0.74%	1.06%	0.68%	0.94%	1.20%	1.69%	1.86%	2.37%	2.33%
NVDA NVIDIA Corporation	0.02%	0.02%	0.03%	0.03%	0.11%	0.05%	0.12%	0.27%	0.46%	0.29%	0.45%	1.20%
AAPL Apple Inc	0.41%	0.38%	0.40%	0.49%	0.70%	0.49%	0.61%	1.04%	1.79%	1.45%	1.93%	1.93%
GOOGL Alphabet Inc Class A	0.28%	0.27%	0.32%	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%
META Meta Platforms, Inc.	0.37%	0.32%	0.34%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
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%
UNH UnitedHealth Group Incorporated	3.19%	2.64%	1.62%	1.38%	1.21%	1.12%	1.38%	1.41%	1.38%	1.30%	1.48%	1.59%
VOO Vanguard S&P 500 ETF	1.18%	1.13%	1.24%	1.46%	1.69%	1.25%	1.54%	1.88%	2.06%	1.78%	2.02%	2.10%

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 10 S&P Holdings by Weight + VOO. 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 10 S&P Holdings by Weight + VOO was 33.70%, occurring on Oct 14, 2022. Recovery took 185 trading sessions.

The current Top 10 S&P Holdings by Weight + VOO drawdown is 7.86%.

Depth	Start	To Bottom	Bottom	To Recover	End	Total
-33.7%	Dec 28, 2021	202	Oct 14, 2022	185	Jul 13, 2023	387
-33.11%	Feb 20, 2020	23	Mar 23, 2020	53	Jun 8, 2020	76
-21.43%	Oct 2, 2018	58	Dec 24, 2018	68	Apr 3, 2019	126
-20.78%	Feb 20, 2025	34	Apr 8, 2025	55	Jun 27, 2025	89
-14.44%	Dec 7, 2015	46	Feb 11, 2016	31	Mar 29, 2016	77

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 5.19, reflecting the diversification based on asset allocation. This number of effective assets indicates a moderate level of diversification, where some assets may have a more significant influence on overall performance.

Asset Correlations Table

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

	Benchmark	WM	UNH	TSLA	BRK-B	SHOP	META	NVDA	AAPL	AMZN	GOOGL	MSFT	SMH	VOO	Portfolio
Benchmark	1.00	0.44	0.42	0.48	0.65	0.51	0.62	0.64	0.68	0.64	0.69	0.74	0.77	1.00	0.92
WM	0.44	1.00	0.36	0.10	0.45	0.14	0.18	0.15	0.26	0.18	0.22	0.31	0.21	0.44	0.35
UNH	0.42	0.36	1.00	0.14	0.39	0.13	0.20	0.19	0.27	0.21	0.28	0.29	0.24	0.42	0.37
TSLA	0.48	0.10	0.14	1.00	0.21	0.40	0.36	0.42	0.41	0.41	0.39	0.39	0.46	0.48	0.60
BRK-B	0.65	0.45	0.39	0.21	1.00	0.21	0.29	0.27	0.39	0.30	0.37	0.39	0.38	0.65	0.52
SHOP	0.51	0.14	0.13	0.40	0.21	1.00	0.46	0.48	0.42	0.52	0.44	0.48	0.51	0.51	0.65
META	0.62	0.18	0.20	0.36	0.29	0.46	1.00	0.51	0.50	0.62	0.64	0.59	0.54	0.62	0.69
NVDA	0.64	0.15	0.19	0.42	0.27	0.48	0.51	1.00	0.51	0.54	0.52	0.59	0.81	0.63	0.76
AAPL	0.68	0.26	0.27	0.41	0.39	0.42	0.50	0.51	1.00	0.55	0.57	0.61	0.59	0.68	0.71
AMZN	0.64	0.18	0.21	0.41	0.30	0.52	0.62	0.54	0.55	1.00	0.66	0.65	0.56	0.64	0.73
GOOGL	0.69	0.22	0.28	0.39	0.37	0.44	0.64	0.52	0.57	0.66	1.00	0.67	0.58	0.69	0.74
MSFT	0.74	0.31	0.29	0.39	0.39	0.48	0.59	0.59	0.61	0.65	0.67	1.00	0.64	0.74	0.78
SMH	0.77	0.21	0.24	0.46	0.38	0.51	0.54	0.81	0.59	0.56	0.58	0.64	1.00	0.77	0.84
VOO	1.00	0.44	0.42	0.48	0.65	0.51	0.62	0.63	0.68	0.64	0.69	0.74	0.77	1.00	0.92
Portfolio	0.92	0.35	0.37	0.60	0.52	0.65	0.69	0.76	0.71	0.73	0.74	0.78	0.84	0.92	1.00

The correlation results are calculated based on daily price changes starting from May 22, 2015

Top 10 S&P Holdings by Weight + VOO

Asset Allocation

Performance

Performance Chart

Returns By Period

Monthly Returns

Benchmark Metrics

Expense Ratio

Return for Risk

Risk / Return Rank

Return / Risk — by metrics

Sharpe ratio

Sortino ratio

Omega ratio

Calmar ratio

Martin ratio

Sharpe Ratio

Dividends

Dividend yield

Drawdowns

Drawdowns Chart

Worst Drawdowns

Volatility

Volatility Chart

Diversification

Diversification Metrics

Number of Effective Assets

Asset Correlations Table