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Ocean Health
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Diversification

Asset Allocation


CLH 9.09%OII 9.09%WM 9.09%RSG 9.09%GOGL 9.09%HZO 9.09%OMEX 9.09%ONEW 9.09%MPX 9.09%MATX 9.09%TDW 9.09%EquityEquity
PositionCategory/SectorWeight
CLH
Clean Harbors, Inc.
Industrials
9.09%
GOGL
Golden Ocean Group Limited
Industrials
9.09%
HZO
MarineMax, Inc.
Consumer Cyclical
9.09%
MATX
Matson, Inc.
Industrials
9.09%
MPX
Marine Products Corporation
Consumer Cyclical
9.09%
OII
Oceaneering International, Inc.
Energy
9.09%
OMEX
Odyssey Marine Exploration, Inc.
Industrials
9.09%
ONEW
OneWater Marine Inc.
Consumer Cyclical
9.09%
RSG
Republic Services, Inc.
Industrials
9.09%
TDW
Tidewater Inc.
Energy
9.09%
WM
Waste Management, Inc.
Industrials
9.09%

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Ocean Health, 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


-20.00%-10.00%0.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
-23.33%
9.66%
Ocean Health
Benchmark (^GSPC)
Portfolio components

The earliest data available for this chart is Feb 7, 2020, corresponding to the inception date of ONEW

Returns By Period


YTD1M6M1Y5Y*10Y*
^GSPC
S&P 500
25.25%0.08%9.66%25.65%13.17%11.11%
Ocean Health-12.96%-11.08%-23.33%-10.05%N/AN/A
CLH
Clean Harbors, Inc.
31.00%-9.46%0.27%29.33%21.65%16.47%
OII
Oceaneering International, Inc.
16.49%-17.45%9.50%14.77%10.39%-7.73%
WM
Waste Management, Inc.
15.42%-8.88%-3.40%16.83%14.52%17.15%
RSG
Republic Services, Inc.
23.69%-6.70%4.49%25.79%19.54%19.64%
GOGL
Golden Ocean Group Limited
1.97%-16.87%-29.23%2.18%21.62%-0.39%
HZO
MarineMax, Inc.
-27.38%-7.56%-16.62%-23.79%11.02%3.81%
OMEX
Odyssey Marine Exploration, Inc.
-92.51%-11.35%-93.03%-90.27%-35.89%-29.32%
ONEW
OneWater Marine Inc.
-47.38%-17.53%-36.09%-45.39%N/AN/A
MPX
Marine Products Corporation
-11.23%-9.52%-8.36%-9.73%-4.82%5.16%
MATX
Matson, Inc.
27.71%-10.01%6.21%25.14%29.88%16.97%
TDW
Tidewater Inc.
-30.23%-6.00%-47.18%-29.43%21.36%-25.65%
*Annualized

Monthly Returns

The table below presents the monthly returns of Ocean Health, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-5.21%7.25%5.77%-6.49%10.93%1.65%0.78%-2.63%-6.91%-8.67%4.91%-12.96%
20236.56%1.35%-3.17%1.63%-1.31%14.89%6.63%-5.98%2.54%-7.54%6.07%13.84%38.31%
20220.29%5.55%8.38%-6.76%0.98%-10.78%6.64%-2.57%-10.75%18.63%1.85%3.35%11.61%
20216.22%12.22%3.53%7.84%4.38%-0.84%0.82%0.35%1.47%2.28%-3.11%5.46%47.78%
2020-9.90%-30.86%20.78%10.05%17.60%3.80%9.38%-5.30%1.45%22.95%4.74%36.76%

Expense Ratio

Ocean Health has an expense ratio of 0.00%, indicating no management fees are charged. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.


The portfolio doesn't hold funds that charge fees

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of Ocean Health is 1, meaning it’s performing worse than 99% of other portfolios on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of Ocean Health is 11
Overall Rank
The Sharpe Ratio Rank of Ocean Health is 11
Sharpe Ratio Rank
The Sortino Ratio Rank of Ocean Health is 11
Sortino Ratio Rank
The Omega Ratio Rank of Ocean Health is 11
Omega Ratio Rank
The Calmar Ratio Rank of Ocean Health is 11
Calmar Ratio Rank
The Martin Ratio Rank of Ocean Health is 11
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.


Sharpe ratio
The chart of Sharpe ratio for Ocean Health, currently valued at -0.41, compared to the broader market-6.00-4.00-2.000.002.004.00-0.412.07
The chart of Sortino ratio for Ocean Health, currently valued at -0.44, compared to the broader market-6.00-4.00-2.000.002.004.006.00-0.442.76
The chart of Omega ratio for Ocean Health, currently valued at 0.95, compared to the broader market0.400.600.801.001.201.401.601.800.951.39
The chart of Calmar ratio for Ocean Health, currently valued at -0.34, compared to the broader market0.002.004.006.008.0010.0012.00-0.343.05
The chart of Martin ratio for Ocean Health, currently valued at -0.86, compared to the broader market0.0010.0020.0030.0040.00-0.8713.27
Ocean Health
^GSPC

Portfolio components
Sharpe ratioSortino ratioOmega ratioCalmar ratioMartin ratio
CLH
Clean Harbors, Inc.
1.081.571.222.267.72
OII
Oceaneering International, Inc.
0.330.791.100.481.26
WM
Waste Management, Inc.
0.941.321.211.433.82
RSG
Republic Services, Inc.
1.842.321.353.4010.83
GOGL
Golden Ocean Group Limited
0.160.471.060.140.32
HZO
MarineMax, Inc.
-0.38-0.230.97-0.37-1.10
OMEX
Odyssey Marine Exploration, Inc.
-0.390.371.07-0.94-1.84
ONEW
OneWater Marine Inc.
-0.75-1.000.89-0.64-1.52
MPX
Marine Products Corporation
-0.21-0.031.00-0.18-0.72
MATX
Matson, Inc.
0.811.461.161.463.75
TDW
Tidewater Inc.
-0.59-0.670.92-0.52-1.12

The current Ocean Health Sharpe ratio is -0.41. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Compared to the broad market, where average Sharpe ratios range from 1.33 to 2.19, this portfolio's current Sharpe ratio places it in the bottom 25%. This suggests that it may not be performing as well in terms of risk-adjusted returns compared to many other portfolios. The lower performance could be due to either lower returns, higher volatility, or a combination of both. This might indicate that the portfolio requires some fine-tuning. You can use the Portfolio Optimization tool to find an allocation that maximizes the Sharpe ratio.

Use the chart below to compare the Sharpe ratio of Ocean Health with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio0.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
-0.41
2.07
Ocean Health
Benchmark (^GSPC)
Portfolio components

Dividends

Dividend yield

Ocean Health provided a 2.80% dividend yield over the last twelve months.


TTM20232022202120202019201820172016201520142013
Portfolio2.80%1.27%3.31%2.51%0.83%1.39%1.54%1.03%1.06%2.56%2.70%1.94%
CLH
Clean Harbors, 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%
OII
Oceaneering International, Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%2.13%3.40%2.88%1.75%1.06%
WM
Waste Management, Inc.
1.47%1.56%1.66%1.38%1.85%1.80%2.09%1.97%2.31%2.89%2.92%3.25%
RSG
Republic Services, Inc.
1.08%1.25%1.48%1.27%1.72%1.74%2.00%1.97%2.17%2.64%2.68%2.98%
GOGL
Golden Ocean Group Limited
13.38%5.12%27.04%17.20%1.08%5.60%7.32%0.00%0.00%0.00%15.34%8.47%
HZO
MarineMax, 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%
OMEX
Odyssey Marine Exploration, 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%
ONEW
OneWater Marine Inc.
0.00%0.00%0.00%2.95%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
MPX
Marine Products Corporation
13.95%4.91%4.25%3.68%2.75%4.03%2.96%2.59%1.73%3.31%1.90%1.49%
MATX
Matson, Inc.
0.95%1.15%1.95%1.18%1.58%2.11%2.56%2.61%2.09%1.64%1.91%2.37%
TDW
Tidewater Inc.
0.00%0.00%0.00%0.00%0.12%0.00%0.00%0.04%0.00%14.75%3.17%1.73%

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.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-27.39%
-1.91%
Ocean Health
Benchmark (^GSPC)
Portfolio components

Worst Drawdowns

The table below displays the maximum drawdowns of the Ocean Health. 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 Ocean Health was 49.28%, occurring on Mar 23, 2020. Recovery took 89 trading sessions.

The current Ocean Health drawdown is 27.39%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-49.28%Feb 21, 202022Mar 23, 202089Jul 29, 2020111
-27.39%Jul 18, 2024111Dec 23, 2024
-25.7%Mar 30, 2022124Sep 26, 202283Jan 25, 2023207
-11.81%Mar 16, 20217Mar 24, 202127May 3, 202134
-11.8%Aug 18, 202027Sep 24, 202030Nov 5, 202057

Volatility

Volatility Chart

The current Ocean Health volatility is 6.91%, 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.


2.00%4.00%6.00%8.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
6.91%
3.82%
Ocean Health
Benchmark (^GSPC)
Portfolio components

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.

OMEXGOGLRSGWMTDWONEWMPXHZOOIIMATXCLH
OMEX1.000.030.080.070.020.070.090.090.080.080.12
GOGL0.031.000.150.160.340.210.190.220.340.410.32
RSG0.080.151.000.870.140.150.220.180.160.270.47
WM0.070.160.871.000.140.150.230.190.180.270.47
TDW0.020.340.140.141.000.190.290.220.660.350.40
ONEW0.070.210.150.150.191.000.400.610.260.350.38
MPX0.090.190.220.230.290.401.000.430.330.370.40
HZO0.090.220.180.190.220.610.431.000.280.420.40
OII0.080.340.160.180.660.260.330.281.000.410.42
MATX0.080.410.270.270.350.350.370.420.411.000.49
CLH0.120.320.470.470.400.380.400.400.420.491.00
The correlation results are calculated based on daily price changes starting from Feb 10, 2020
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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