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19/05/2025
Performance
Return for Risk
Dividends
Drawdowns
Volatility
Diversification

Asset Allocation


51 positions 100.00%EquityEquity
PositionCategory/SectorTarget Weight
CBOE
Cboe Global Markets, Inc.
Financial Services
2.34%
TMUS
T-Mobile US, Inc.
Communication Services
2.29%
RSG
Republic Services, Inc.
Industrials
2.28%
ICE
Intercontinental Exchange, Inc.
Financial Services
2.25%
FISV
Fiserv, Inc
Technology
2.24%
T
AT&T Inc.
Communication Services
2.19%
KR
The Kroger Co.
Consumer Defensive
2.18%
CME
CME Group Inc.
Financial Services
2.15%
WM
Waste Management, Inc.
Industrials
2.12%
ATO
Atmos Energy Corporation
Utilities
2.11%
MO
Altria Group, Inc.
Consumer Defensive
2.09%
NI
NiSource Inc.
Utilities
2.09%
GEN
Gen Digital Inc.
Technology
2.07%
VTR
Ventas, Inc.
Real Estate
2.07%
CI
Cigna Corporation
Healthcare
2.06%
JNPR
Juniper Networks, Inc.
Technology
2.06%
PPL
PPL Corporation
Utilities
2.05%
EA
Electronic Arts Inc.
Communication Services
2.04%
HII
Huntington Ingalls Industries, Inc
Industrials
2.04%
SO
The Southern Company
Utilities
2.04%
ED
Consolidated Edison, Inc.
Utilities
2%
DUK
Duke Energy Corporation
Utilities
1.98%
LMT
Lockheed Martin Corporation
Industrials
1.98%
AEP
American Electric Power Company, Inc.
Utilities
1.97%
NOC
Northrop Grumman Corporation
Industrials
1.97%
CMS
CMS Energy Corporation
Utilities
1.96%
AMT
American Tower Corporation
Real Estate
1.94%
EXC
Exelon Corporation
Utilities
1.93%
INVH
Invitation Homes Inc.
Real Estate
1.93%
MDLZ
Mondelez International, Inc.
Consumer Defensive
1.93%
AWK
American Water Works Company, Inc.
Utilities
1.92%
O
Realty Income Corporation
Real Estate
1.90%
MKTX
MarketAxess Holdings Inc.
Financial Services
1.89%
NEM
Newmont Corporation
Basic Materials
1.89%
JNJ
Johnson & Johnson
Healthcare
1.87%
ELV
Elevance Health Inc
Healthcare
1.85%
MKC
McCormick & Company, Incorporated
Consumer Defensive
1.82%
CNC
Centene Corporation
Healthcare
1.81%
HSY
The Hershey Company
Consumer Defensive
1.80%
CVS
CVS Health Corporation
Healthcare
1.79%
SBAC
SBA Communications Corporation
Real Estate
1.79%
IQV
IQVIA Holdings Inc.
Healthcare
1.78%
CAG
Conagra Brands, Inc.
Consumer Defensive
1.77%
KHC
The Kraft Heinz Company
Consumer Defensive
1.77%
CCI
Crown Castle International Corp.
Real Estate
1.76%
UNH
UnitedHealth Group Incorporated
Healthcare
1.75%
HUM
Humana Inc.
Healthcare
1.72%
PARA
Paramount Global Class B
Communication Services
1.72%
TECH
Bio-Techne Corporation
Healthcare
1.72%
ENPH
Enphase Energy, Inc.
Technology
1.68%
ARE
Alexandria Real Estate Equities, Inc.
Real Estate
1.65%

S&P 500 Index

Portfolio Optimizer

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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in 19/05/2025, 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


Position1D1MYTD6M1Y3Y*5Y*10Y*
Benchmark
S&P 500 Index
0.50%-0.93%8.56%8.85%24.33%19.37%11.84%13.61%
Portfolio
19/05/2025
0.93%1.63%8.46%8.81%8.93%8.45%5.63%
AEP
American Electric Power Company, Inc.
0.58%0.49%13.78%14.95%29.57%20.21%12.80%10.63%
AMT
American Tower Corporation
-0.18%10.83%8.71%6.65%-9.49%3.15%-3.91%8.47%
ARE
Alexandria Real Estate Equities, Inc.
0.76%15.16%10.36%17.51%-21.37%-20.11%-19.36%-2.49%
ATO
Atmos Energy Corporation
1.03%-5.50%2.53%2.08%13.57%15.86%13.58%10.94%
AWK
American Water Works Company, Inc.
1.49%0.26%-1.86%-2.64%-8.35%-2.50%-2.65%7.02%
CAG
Conagra Brands, Inc.
2.16%0.51%-17.02%-19.07%-30.79%-21.83%-13.84%-5.70%
CBOE
Cboe Global Markets, Inc.
-0.33%-17.60%18.03%17.09%31.97%31.02%22.58%17.84%
CCI
Crown Castle International Corp.
0.13%5.55%5.00%3.80%-2.96%-2.02%-9.83%4.09%
CI
Cigna Corporation
1.07%1.63%9.50%9.71%-4.03%5.04%6.20%9.98%
CME
CME Group Inc.
2.80%-8.99%1.58%1.41%3.90%19.92%9.17%15.38%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Feb 1, 2017, 19/05/2025's average daily return is +0.05%, while the average monthly return is +0.96%. At this rate, an investment would double in approximately 6.0 years.

Historically, 64% of months were positive and 36% were negative. The best month was Apr 2020 with a return of +11.0%, while the worst month was Mar 2020 at -9.3%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 3 months.

On a daily basis, 19/05/2025 closed higher 55% of trading days. The best single day was Mar 24, 2020 with a return of +8.6%, while the worst single day was Mar 16, 2020 at -11.2%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20263.03%5.87%-6.33%3.49%1.30%1.26%8.46%
20252.43%4.78%3.53%-1.64%-2.66%1.68%-1.53%2.70%0.75%-4.33%2.83%-0.88%7.47%
2024-1.99%1.34%3.37%-2.70%2.75%-1.75%7.84%4.17%1.40%-3.79%2.18%-7.36%4.62%
20231.93%-4.68%2.03%1.29%-5.29%3.00%1.12%-4.36%-4.08%-0.24%7.98%4.15%1.95%
2022-3.35%0.86%6.05%-3.08%1.21%-4.44%4.72%-2.35%-8.83%6.97%5.32%-2.85%-1.12%
2021-1.66%-0.06%7.66%3.95%2.53%-0.21%1.76%1.11%-5.22%4.79%-2.82%9.00%21.82%

Benchmark Metrics

19/05/2025 has an annualized alpha of 2.69%, beta of 0.64, and R2 of 0.59 versus S&P 500 Index. Calculated based on daily prices since February 01, 2017.

  • This portfolio participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (63.98%) than losses (62.62%) - typical of diversified or defensive assets.
  • This portfolio generated an annualized alpha of 2.69% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
  • Beta of 0.64 indicates this portfolio moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.

Alpha
2.69%
Beta
0.64
0.59
Upside Capture
63.98%
Downside Capture
62.62%

Expense Ratio

19/05/2025 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

19/05/2025 ranks 12 for risk / return — in the bottom 12% of Portfolios on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.


19/05/2025 Risk / Return Rank: 1212
Overall Rank
19/05/2025 Sharpe Ratio Rank: 1212
Sharpe Ratio Rank
19/05/2025 Sortino Ratio Rank: 1111
Sortino Ratio Rank
19/05/2025 Omega Ratio Rank: 1111
Omega Ratio Rank
19/05/2025 Calmar Ratio Rank: 1313
Calmar Ratio Rank
19/05/2025 Martin Ratio Rank: 1111
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 19/05/2025 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.


PortfolioBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

0.84

1.86

-1.03

Sortino ratioReturn per unit of downside risk

1.24

2.53

-1.30

Omega ratioGain probability vs. loss probability

1.15

1.34

-0.19

Calmar ratioReturn relative to maximum drawdown

1.16

2.53

-1.37

Martin ratioReturn relative to average drawdown

2.78

11.37

-8.59


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

PositionRisk / Return RankSharpe ratioSortino ratioOmega ratioCalmar ratioMartin ratio
AEP
American Electric Power Company, Inc.
83
1.622.401.293.258.12
AMT
American Tower Corporation
26
-0.42-0.440.95-0.38-0.54
ARE
Alexandria Real Estate Equities, Inc.
24
-0.51-0.430.94-0.44-0.69
ATO
Atmos Energy Corporation
64
0.811.201.151.002.99
AWK
American Water Works Company, Inc.
23
-0.38-0.420.95-0.54-0.99
CAG
Conagra Brands, Inc.
4
-1.17-1.690.81-0.90-1.81
CBOE
Cboe Global Markets, Inc.
73
1.161.631.231.295.70
CCI
Crown Castle International Corp.
35
-0.130.001.00-0.12-0.20
CI
Cigna Corporation
36
-0.100.091.01-0.13-0.23
CME
CME Group Inc.
44
0.160.351.050.160.50

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.

The current 19/05/2025 Sharpe ratio is 0.84 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 1.54 to 2.41, 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 19/05/2025 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

19/05/2025 provided a 2.61% dividend yield over the last twelve months.


PositionTTM20252024202320222021202020192018201720162015
Portfolio2.61%2.67%2.76%2.70%2.51%2.28%3.61%2.15%2.40%2.03%2.89%6.07%
AEP
American Electric Power Company, Inc.
2.93%3.24%3.87%4.15%3.34%3.37%3.41%2.87%3.39%3.25%3.61%3.69%
AMT
American Tower Corporation
3.73%3.87%3.53%2.99%2.77%1.78%2.02%1.64%1.99%1.84%2.05%1.87%
ARE
Alexandria Real Estate Equities, Inc.
7.67%9.56%5.32%3.91%3.24%2.01%2.38%2.48%3.24%2.64%2.91%3.38%
ATO
Atmos Energy Corporation
2.28%2.15%2.36%2.61%2.48%2.44%2.46%1.92%2.14%2.14%2.31%2.52%
AWK
American Water Works Company, Inc.
2.67%2.49%2.41%2.10%1.68%1.25%1.40%1.59%1.96%1.77%2.02%2.23%
CAG
Conagra Brands, Inc.
10.19%8.09%5.05%4.75%3.32%3.44%2.52%2.48%3.98%2.19%29.36%2.37%
CBOE
Cboe Global Markets, Inc.
0.98%1.08%1.21%1.18%1.56%1.38%1.68%1.12%1.19%0.83%1.30%1.36%
CCI
Crown Castle International Corp.
3.46%5.35%6.90%5.43%4.41%2.62%3.10%3.22%3.94%3.51%4.15%3.87%
CI
Cigna Corporation
2.06%2.19%2.03%1.64%1.35%1.74%0.02%0.02%0.02%0.02%0.03%0.03%
CME
CME Group Inc.
4.17%1.83%4.48%4.58%5.05%3.00%3.24%2.74%2.42%4.20%4.90%5.41%

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 19/05/2025. 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 19/05/2025 was 32.27%, occurring on Mar 23, 2020. Recovery took 141 trading sessions.

The current 19/05/2025 drawdown is 0.64%.


Related event

Drawdown

Fall

Recovery

Underwater

COVID crash2020
-32.27%Mar 2020
1mo 2d6mo 23d
7mo 25dFeb 2020 - Oct 2020
2023 correction2023
-17.55%Oct 2023
1y 5mo9mo 17d
2y 2moApr 2022 - Jul 2024
Rate-hike selloffLate 2018
-12.20%Dec 2018
20d1mo 20d
2mo 10dDec 2018 - Feb 2019
2025 correction2025
-10.91%Jan 2025
3mo 25d2mo 20d
6mo 15dSep 2024 - Mar 2025
2018 pullback2018
-8.34%Feb 2018
10d4mo 27d
5mo 7dJan 2018 - Jul 2018

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 51 assets, with an effective number of assets of 50.61, 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

2.63

2.25

2.00

1.79

The portfolio has a diversification ratio of 1.79, in line with the typical range across portfolios. There's room to improve by adding less correlated assets.

19/05/2025 correlation to the S&P 500 Index

19/05/2025 has a 0.17 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

0.17

Correlation (3Y)
Calculated over the trailing 3-year period

0.31

Correlation (5Y)
Calculated over the trailing 5-year period

0.51

Correlation (All Time)
Calculated using the full available price history since Feb 1, 2017

0.61


Benchmark Correlations

Correlation vs. S&P 500 Index. IQV has the highest benchmark correlation at 0.61, while KR has the lowest at 0.13.

KR
0.13
ED
0.15
DUK
0.19
CAG
0.20
CMS
0.21
NEM
0.21
CBOE
0.21
SO
0.21
AEP
0.22
HSY
0.24
MO
0.25
ATO
0.26
AWK
0.27
NOC
0.27
MKC
0.27
KHC
0.28
NI
0.29
CME
0.29
EXC
0.30
VTR
0.31
MKTX
0.31
PPL
0.31
CCI
0.31
SBAC
0.31
JNJ
0.32
LMT
0.32
T
0.32
AMT
0.32
HUM
0.32
O
0.33
CNC
0.33
CI
0.36
CVS
0.36
PARA
0.37
ELV
0.37
MDLZ
0.37
ENPH
0.38
TMUS
0.39
UNH
0.39
WM
0.40
RSG
0.41
HII
0.41
INVH
0.43
EA
0.44
ARE
0.48
GEN
0.50
JNPR
0.50
ICE
0.52
TECH
0.52
FISV
0.57
IQV
0.61

Portfolio Correlations

Correlation vs. 19/05/2025. AWK has the highest portfolio correlation at 0.65, while NEM has the lowest at 0.30.

NEM
0.30
ENPH
0.32
KR
0.35
PARA
0.35
CBOE
0.37
EA
0.39
MKTX
0.41
JNPR
0.42
CME
0.43
TECH
0.43
HUM
0.43
GEN
0.44
NOC
0.47
CNC
0.47
MO
0.47
LMT
0.48
HII
0.49
CVS
0.49
TMUS
0.49
T
0.49
IQV
0.50
KHC
0.51
CAG
0.51
UNH
0.52
VTR
0.52
CI
0.53
JNJ
0.53
HSY
0.53
ELV
0.54
ICE
0.55
FISV
0.55
MKC
0.56
SBAC
0.59
ARE
0.61
AMT
0.61
INVH
0.61
RSG
0.61
O
0.62
CCI
0.62
ED
0.62
MDLZ
0.62
NI
0.63
SO
0.63
AEP
0.63
WM
0.63
DUK
0.64
EXC
0.64
ATO
0.64
PPL
0.64
CMS
0.65
AWK
0.65

Asset Correlations Table

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

The correlation results are calculated based on daily price changes starting from Feb 1, 2017
Diversification Analysis

Find what 19/05/2025 is missing

See which holdings overlap, where 19/05/2025 is concentrated, and which low-correlation assets could fill the gaps.

Analyze Diversification