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Ocean Health
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Diversification

Asset Allocation


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 every 3 months.


50.00%100.00%150.00%200.00%December2025FebruaryMarchAprilMay
186.78%
70.89%
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
-3.31%5.38%-0.74%10.90%14.93%10.61%
Ocean Health-0.20%17.50%-2.56%-12.65%31.92%N/A
CLH
Clean Harbors, Inc.
-3.49%11.89%-4.67%7.12%34.16%15.01%
OII
Oceaneering International, Inc.
-27.07%-3.11%-22.18%-16.91%33.06%-9.39%
WM
Waste Management, Inc.
16.36%-1.22%10.10%14.17%20.67%19.44%
RSG
Republic Services, Inc.
25.18%0.84%26.82%36.53%28.46%22.58%
GOGL
Golden Ocean Group Limited
-11.10%-3.22%-23.58%-41.58%31.91%-3.12%
HZO
MarineMax, Inc.
-21.45%16.62%-21.51%-11.89%9.27%0.40%
OMEX
Odyssey Marine Exploration, Inc.
51.39%189.66%112.89%-70.14%-25.09%-17.87%
ONEW
OneWater Marine Inc.
-27.85%-17.82%-43.05%-44.71%4.31%N/A
MPX
Marine Products Corporation
-6.94%4.86%-8.02%-17.65%2.77%6.39%
MATX
Matson, Inc.
-15.88%-1.79%-25.96%0.81%33.38%12.25%
TDW
Tidewater Inc.
-29.65%1.93%-34.56%-63.86%49.52%-26.88%
*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
2025-0.12%-5.23%-6.09%17.31%-4.29%-0.20%
2024-5.21%7.25%5.77%-6.49%10.92%1.65%0.78%-2.63%-6.91%-8.67%4.91%-7.15%-7.87%
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%22.91%4.74%36.72%

Expense Ratio

Ocean Health 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.

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of Ocean Health is 3, meaning it’s performing worse than 97% 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 33
Overall Rank
The Sharpe Ratio Rank of Ocean Health is 33
Sharpe Ratio Rank
The Sortino Ratio Rank of Ocean Health is 33
Sortino Ratio Rank
The Omega Ratio Rank of Ocean Health is 33
Omega Ratio Rank
The Calmar Ratio Rank of Ocean Health is 33
Calmar Ratio Rank
The Martin Ratio Rank of Ocean Health is 44
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.


The chart of Sharpe ratio for Portfolio, currently valued at -0.24, compared to the broader market-4.00-2.000.002.004.00
Portfolio: -0.24
^GSPC: 0.67
The chart of Sortino ratio for Portfolio, currently valued at -0.13, compared to the broader market-6.00-4.00-2.000.002.004.00
Portfolio: -0.13
^GSPC: 1.05
The chart of Omega ratio for Portfolio, currently valued at 0.98, compared to the broader market0.400.600.801.001.201.401.60
Portfolio: 0.98
^GSPC: 1.16
The chart of Calmar ratio for Portfolio, currently valued at -0.20, compared to the broader market0.002.004.006.00
Portfolio: -0.20
^GSPC: 0.68
The chart of Martin ratio for Portfolio, currently valued at -0.43, compared to the broader market0.005.0010.0015.0020.0025.00
Portfolio: -0.43
^GSPC: 2.70

Portfolio components
Sharpe ratioSortino ratioOmega ratioCalmar ratioMartin ratio
CLH
Clean Harbors, Inc.
0.570.991.130.561.46
OII
Oceaneering International, Inc.
-0.34-0.180.98-0.35-0.86
WM
Waste Management, Inc.
0.701.041.161.182.67
RSG
Republic Services, Inc.
1.802.341.343.7611.02
GOGL
Golden Ocean Group Limited
-0.79-0.950.87-0.71-1.29
HZO
MarineMax, Inc.
-0.120.351.04-0.11-0.33
OMEX
Odyssey Marine Exploration, Inc.
-0.251.931.32-0.73-0.98
ONEW
OneWater Marine Inc.
-0.59-0.600.93-0.50-1.15
MPX
Marine Products Corporation
-0.35-0.280.97-0.23-0.78
MATX
Matson, Inc.
0.160.501.060.140.40
TDW
Tidewater Inc.
-1.06-1.740.79-0.83-1.35

The current Ocean Health Sharpe ratio is -0.24. 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 0.55 to 1.09, 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 Ratio-1.000.001.002.003.00December2025FebruaryMarchAprilMay
-0.24
0.67
Ocean Health
Benchmark (^GSPC)
Portfolio components

Dividends

Dividend yield

Ocean Health provided a 2.89% dividend yield over the last twelve months.


TTM20242023202220212020201920182017201620152014
Portfolio2.89%2.77%1.27%3.31%2.51%0.78%1.33%1.54%1.03%1.06%2.56%2.70%
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%0.00%2.13%3.40%2.88%1.75%
WM
Waste Management, Inc.
1.31%1.49%1.56%1.66%1.38%1.85%1.80%2.09%1.97%2.31%2.89%2.92%
RSG
Republic Services, Inc.
0.91%0.82%1.25%1.48%1.27%1.72%1.74%2.00%1.97%2.17%2.64%2.68%
GOGL
Golden Ocean Group Limited
13.43%13.39%5.12%27.04%17.20%1.08%5.60%7.32%0.00%0.00%0.00%15.34%
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%0.00%2.95%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
MPX
Marine Products Corporation
14.98%13.74%4.91%4.25%3.68%2.20%3.33%2.96%2.59%1.73%3.31%1.90%
MATX
Matson, Inc.
1.18%0.98%1.15%1.95%1.18%1.58%2.11%2.56%2.61%2.09%1.64%1.91%
TDW
Tidewater Inc.
0.00%0.00%0.00%0.00%0.00%0.12%0.00%0.00%0.04%0.00%14.75%3.17%

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.


-40.00%-30.00%-20.00%-10.00%0.00%December2025FebruaryMarchAprilMay
-23.30%
-7.45%
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 23.30%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-49.28%Feb 21, 202022Mar 23, 202089Jul 29, 2020111
-42.71%Jul 18, 2024182Apr 8, 2025
-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 26.63%, 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.


0.00%5.00%10.00%15.00%20.00%25.00%December2025FebruaryMarchAprilMay
26.63%
14.17%
Ocean Health
Benchmark (^GSPC)
Portfolio components

Diversification

Diversification Metrics


Number of Effective Assets
2.004.006.008.0010.00
Effective Assets: 11.00

The portfolio contains 11 assets, with an effective number of assets of 11.00, reflecting the diversification based on asset allocation. This number of effective assets suggests that the portfolio's investments are spread across a variety of assets, indicating a well-diversified allocation. However, true diversification also depends on the correlations between assets.

Asset Correlations Table

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

^GSPCOMEXGOGLRSGWMTDWONEWMPXHZOOIIMATXCLHPortfolio
^GSPC1.000.130.350.500.480.290.420.420.480.380.510.580.61
OMEX0.131.000.010.080.070.040.090.090.100.100.070.130.32
GOGL0.350.011.000.140.150.350.210.190.220.340.400.310.52
RSG0.500.080.141.000.870.130.150.220.180.160.270.460.37
WM0.480.070.150.871.000.140.150.230.190.180.270.460.37
TDW0.290.040.350.130.141.000.210.300.240.670.360.400.62
ONEW0.420.090.210.150.150.211.000.400.610.270.350.380.58
MPX0.420.090.190.220.230.300.401.000.440.330.360.390.59
HZO0.480.100.220.180.190.240.610.441.000.300.420.400.62
OII0.380.100.340.160.180.670.270.330.301.000.410.430.68
MATX0.510.070.400.270.270.360.350.360.420.411.000.490.65
CLH0.580.130.310.460.460.400.380.390.400.430.491.000.66
Portfolio0.610.320.520.370.370.620.580.590.620.680.650.661.00
The correlation results are calculated based on daily price changes starting from Feb 10, 2020