Agriculture & Nutrition

Last updated Dec 9, 2023

Asset Allocation

Position	Category/Sector	Weight
ABT Abbott Laboratories	Healthcare	3.33%
PG		3.33%
TTEK		3.33%
OI		3.33%
CCK Crown Holdings, Inc.	Consumer Cyclical	3.33%
UL		3.33%
HRL Hormel Foods Corporation	Consumer Defensive	3.33%
PFGC		3.33%
CHEF The Chefs' Warehouse, Inc.	Consumer Defensive	3.33%
PEP		3.33%
KO The Coca-Cola Company	Consumer Defensive	3.33%
TWNK		3.33%
K Kellogg Company	Consumer Defensive	3.33%
BG Bunge Limited	Consumer Defensive	3.33%
SJM		3.33%
MNST Monster Beverage Corporation	Consumer Defensive	3.33%
TSN		3.33%
CAG Conagra Brands, Inc.	Consumer Defensive	3.33%
SAM		3.33%
ADM Archer-Daniels-Midland Company	Consumer Defensive	3.33%
INGR Ingredion Incorporated	Consumer Defensive	3.33%
IFF International Flavors & Fragrances Inc.	Basic Materials	3.33%
NSRGY Nestlé S.A.	Consumer Defensive	3.33%
DE Deere & Company	Industrials	3.33%
CNHI CNH Industrial N.V.	Industrials	3.33%
AGCO AGCO Corporation	Industrials	3.33%
CTVA Corteva, Inc.	Basic Materials	3.33%
NTR.TO Nutrien Ltd.	Basic Materials	3.33%
BAS.DE BASF SE	Basic Materials	3.33%
CF CF Industries Holdings, Inc.	Basic Materials	3.33%

Benchmark

Rebalance portfolio

Performance

The chart shows the growth of an initial investment of $10,000 in Agriculture & Nutrition, 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

Agriculture & Nutrition

Benchmark (^GSPC)

Portfolio components

The earliest data available for this chart is May 24, 2019, corresponding to the inception date of CTVA

Returns

	Year-To-Date	1 month	6 months	1 year	5 years (annualized)	10 years (annualized)
^GSPC	N/A	N/A	N/A	N/A	N/A	N/A
Agriculture & Nutrition	-5.22%	4.20%	-2.05%	-6.19%	N/A	N/A
Portfolio components:
ABT Abbott Laboratories	-2.90%	10.31%	3.84%	-0.30%	10.20%	13.09%
PG	N/A	N/A	N/A	N/A	N/A	N/A
TTEK	N/A	N/A	N/A	N/A	N/A	N/A
OI	N/A	N/A	N/A	N/A	N/A	N/A
CCK Crown Holdings, Inc.	8.91%	9.01%	6.28%	9.93%	13.68%	7.70%
UL	N/A	N/A	N/A	N/A	N/A	N/A
HRL Hormel Foods Corporation	-29.14%	-3.36%	-22.03%	-32.26%	-4.59%	5.44%
PFGC	N/A	N/A	N/A	N/A	N/A	N/A
CHEF The Chefs' Warehouse, Inc.	-15.84%	19.39%	-12.77%	-17.74%	-5.30%	1.05%
PEP	N/A	N/A	N/A	N/A	N/A	N/A
KO The Coca-Cola Company	-4.95%	3.48%	-0.78%	-5.25%	6.90%	7.30%
TWNK	N/A	N/A	N/A	N/A	N/A	N/A
K Kellogg Company	-16.37%	4.42%	-12.95%	-18.90%	2.70%	2.93%
BG Bunge Limited	7.44%	2.33%	12.99%	11.24%	15.40%	5.33%
SJM	N/A	N/A	N/A	N/A	N/A	N/A
MNST Monster Beverage Corporation	6.21%	-3.13%	-5.82%	6.20%	13.45%	17.76%
TSN	N/A	N/A	N/A	N/A	N/A	N/A
CAG Conagra Brands, Inc.	-20.51%	6.38%	-12.09%	-20.07%	2.55%	4.60%
SAM	N/A	N/A	N/A	N/A	N/A	N/A
ADM Archer-Daniels-Midland Company	-18.73%	3.02%	2.84%	-18.34%	13.66%	8.60%
INGR Ingredion Incorporated	10.75%	6.10%	0.78%	10.34%	4.85%	7.14%
IFF International Flavors & Fragrances Inc.	-24.35%	8.17%	0.37%	-25.78%	-8.43%	1.21%
NSRGY Nestlé S.A.	0.49%	2.95%	-4.79%	-0.84%	8.52%	7.43%
DE Deere & Company	-14.35%	-1.54%	-3.38%	-16.86%	21.61%	17.54%
CNHI CNH Industrial N.V.	-28.93%	8.39%	-18.85%	-29.58%	5.21%	2.32%
AGCO AGCO Corporation	-11.96%	1.62%	-5.06%	-9.64%	18.80%	8.82%
CTVA Corteva, Inc.	-22.28%	-6.81%	-19.47%	-28.32%	N/A	N/A
NTR.TO Nutrien Ltd.	-23.30%	0.76%	-4.06%	-26.49%	5.89%	N/A
BAS.DE BASF SE	4.84%	3.71%	-1.81%	3.26%	0.33%	-0.20%
CF CF Industries Holdings, Inc.	-8.27%	-3.73%	13.77%	-21.95%	16.17%	8.21%

Monthly Returns Heatmap

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2023					-7.61%	5.61%	5.01%	-4.64%	-4.58%	-4.93%	4.05%

Sharpe Ratio

The current Agriculture & Nutrition Sharpe ratio is -0.35. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The Sharpe ratio of Agriculture & Nutrition is in the bottom 25%, suggesting that this portfolio isn't performing as well in terms of risk-adjusted returns compared to many others. This could be due to lower returns, higher volatility, or both. It might be an indication that the portfolio needs fine-tuning.

Agriculture & Nutrition

Benchmark (^GSPC)

Portfolio components

Dividend yield

Agriculture & Nutrition granted a 2.52% dividend yield in the last twelve months.

	TTM	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Agriculture & Nutrition	2.52%	2.04%	1.87%	1.95%	1.94%	2.06%	1.56%	1.65%	1.69%	1.60%	1.36%	1.49%
Portfolio components:
ABT Abbott Laboratories	1.95%	1.71%	1.28%	1.32%	1.47%	1.55%	1.86%	2.71%	2.14%	1.95%	1.46%	3.06%
PG	2.57%	2.38%	2.08%	2.24%	2.37%	3.09%	2.98%	3.18%	3.31%	2.78%	2.91%	3.26%
TTEK	0.61%	0.61%	0.45%	0.57%	0.66%	0.89%	0.81%	0.81%	1.19%	0.79%	0.00%	0.00%
OI	0.00%	0.00%	0.00%	0.42%	1.68%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
CCK Crown Holdings, Inc.	1.08%	1.07%	0.72%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
UL	3.91%	3.61%	3.77%	3.07%	3.18%	3.49%	2.82%	3.44%	3.06%	3.72%	3.39%	3.17%
HRL Hormel Foods Corporation	3.51%	2.28%	2.01%	2.00%	1.86%	1.76%	1.87%	1.67%	1.26%	1.54%	1.51%	1.92%
PFGC	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
CHEF The Chefs' Warehouse, 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%
PEP	2.98%	2.50%	2.45%	2.71%	2.77%	3.25%	2.64%	2.83%	2.76%	2.68%	2.70%	3.11%
KO The Coca-Cola Company	3.14%	2.77%	2.84%	2.99%	2.89%	3.29%	3.23%	3.38%	3.07%	2.89%	2.71%	2.81%
TWNK	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
K Kellogg Company	4.36%	3.50%	3.82%	3.90%	3.48%	4.11%	3.32%	2.95%	2.92%	3.09%	3.14%	3.32%
BG Bunge Limited	2.46%	2.31%	2.20%	3.05%	3.48%	3.59%	2.62%	2.21%	2.11%	1.41%	1.39%	1.43%
SJM	3.49%	2.54%	2.78%	3.08%	3.32%	3.49%	2.46%	2.22%	2.12%	2.42%	2.12%	2.32%
MNST Monster Beverage Corporation	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TSN	3.76%	2.99%	2.06%	2.65%	2.11%	2.39%	1.48%	1.09%	0.84%	0.81%	0.67%	1.39%
CAG Conagra Brands, Inc.	4.61%	3.32%	3.44%	2.52%	2.48%	3.98%	2.19%	1.97%	2.37%	2.76%	2.97%	3.29%
SAM	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.03%	0.00%	0.00%
ADM Archer-Daniels-Midland Company	2.44%	1.72%	2.19%	2.86%	3.02%	3.27%	3.19%	2.63%	3.05%	1.85%	1.75%	2.56%
INGR Ingredion Incorporated	2.74%	2.78%	2.67%	3.23%	2.70%	2.68%	1.57%	1.52%	1.82%	1.98%	2.28%	1.43%
IFF International Flavors & Fragrances Inc.	4.22%	3.05%	2.07%	2.79%	2.29%	2.12%	1.74%	2.04%	1.72%	1.70%	1.70%	1.95%
NSRGY Nestlé S.A.	2.82%	2.64%	2.20%	2.34%	2.24%	3.12%	2.68%	3.16%	3.11%	3.31%	2.96%	3.24%
DE Deere & Company	1.39%	1.05%	1.14%	1.13%	1.75%	1.84%	1.53%	2.33%	3.15%	2.61%	2.23%	2.13%
CNHI CNH Industrial N.V.	3.44%	1.88%	0.69%	1.40%	1.59%	1.61%	0.77%	1.47%	2.73%	2.98%	0.00%	0.00%
AGCO AGCO Corporation	5.26%	3.89%	4.10%	0.62%	0.82%	1.08%	0.78%	0.90%	1.06%	0.97%	0.61%	0.00%
CTVA Corteva, Inc.	1.37%	0.99%	1.14%	1.34%	0.88%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NTR.TO Nutrien Ltd.	3.77%	2.55%	2.93%	3.97%	3.74%	3.36%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
BAS.DE BASF SE	7.52%	7.33%	5.34%	5.10%	4.75%	5.13%	3.27%	3.28%	3.96%	3.86%	3.36%	3.51%
CF CF Industries Holdings, Inc.	2.09%	1.76%	1.70%	3.10%	2.51%	2.76%	2.82%	3.81%	2.94%	1.83%	0.94%	0.79%

Expense Ratio

The Agriculture & Nutrition 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

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	Sortino ratio	Omega ratio	Calmar ratio	Ulcer Index
ABT Abbott Laboratories	0.08
PG	N/A
TTEK	N/A
OI	N/A
CCK Crown Holdings, Inc.	0.41
UL	N/A
HRL Hormel Foods Corporation	-1.52
PFGC	N/A
CHEF The Chefs' Warehouse, Inc.	-0.59
PEP	N/A
KO The Coca-Cola Company	-0.36
TWNK	N/A
K Kellogg Company	-1.13
BG Bunge Limited	0.43
SJM	N/A
MNST Monster Beverage Corporation	0.32
TSN	N/A
CAG Conagra Brands, Inc.	-1.09
SAM	N/A
ADM Archer-Daniels-Midland Company	-0.89
INGR Ingredion Incorporated	0.52
IFF International Flavors & Fragrances Inc.	-0.68
NSRGY Nestlé S.A.	-0.02
DE Deere & Company	-0.62
CNHI CNH Industrial N.V.	-0.94
AGCO AGCO Corporation	-0.32
CTVA Corteva, Inc.	-1.13
NTR.TO Nutrien Ltd.	-0.89
BAS.DE BASF SE	0.24
CF CF Industries Holdings, Inc.	-0.69

Asset Correlations Table

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

	SAM	SJM	HRL	NSRGY	CF	BAS.DE	K	TWNK	CHEF	ABT	NTR.TO	CAG	UL	PG	OI	BG	TSN	PFGC	CTVA	MNST	IFF	TTEK	PEP	CCK	AGCO	DE	CNHI	INGR	KO	ADM
SAM	1.00	0.09	0.11	0.21	0.11	0.13	0.10	0.19	0.24	0.29	0.13	0.17	0.22	0.21	0.18	0.14	0.20	0.27	0.18	0.36	0.22	0.27	0.26	0.27	0.19	0.20	0.21	0.18	0.23	0.15
SJM	0.09	1.00	0.58	0.28	0.12	0.08	0.64	0.27	0.11	0.27	0.10	0.60	0.34	0.45	0.14	0.18	0.31	0.13	0.14	0.28	0.20	0.16	0.49	0.18	0.12	0.14	0.13	0.29	0.44	0.29
HRL	0.11	0.58	1.00	0.30	0.06	0.10	0.59	0.27	0.11	0.27	0.11	0.51	0.36	0.47	0.12	0.17	0.38	0.12	0.13	0.32	0.19	0.20	0.50	0.21	0.12	0.14	0.11	0.28	0.44	0.29
NSRGY	0.21	0.28	0.30	1.00	0.08	0.16	0.30	0.25	0.16	0.42	0.13	0.30	0.53	0.43	0.13	0.18	0.22	0.23	0.18	0.37	0.30	0.28	0.46	0.28	0.17	0.18	0.24	0.25	0.42	0.20
CF	0.11	0.12	0.06	0.08	1.00	0.29	0.09	0.22	0.31	0.10	0.67	0.13	0.10	0.05	0.37	0.48	0.29	0.31	0.55	0.18	0.29	0.29	0.10	0.32	0.44	0.47	0.41	0.37	0.22	0.53
BAS.DE	0.13	0.08	0.10	0.16	0.29	1.00	0.09	0.19	0.30	0.19	0.39	0.15	0.28	0.15	0.42	0.29	0.28	0.32	0.35	0.22	0.37	0.30	0.14	0.37	0.43	0.42	0.55	0.37	0.27	0.35
K	0.10	0.64	0.59	0.30	0.09	0.09	1.00	0.29	0.10	0.29	0.07	0.66	0.41	0.52	0.12	0.18	0.36	0.14	0.13	0.30	0.21	0.17	0.53	0.21	0.11	0.13	0.13	0.32	0.47	0.31
TWNK	0.19	0.27	0.27	0.25	0.22	0.19	0.29	1.00	0.27	0.23	0.21	0.33	0.30	0.30	0.24	0.26	0.29	0.28	0.26	0.31	0.28	0.31	0.33	0.31	0.26	0.25	0.27	0.34	0.38	0.30
CHEF	0.24	0.11	0.11	0.16	0.31	0.30	0.10	0.27	1.00	0.19	0.33	0.19	0.20	0.14	0.39	0.33	0.32	0.63	0.34	0.33	0.34	0.38	0.20	0.31	0.40	0.36	0.39	0.41	0.31	0.37
ABT	0.29	0.27	0.27	0.42	0.10	0.19	0.29	0.23	0.19	1.00	0.14	0.28	0.39	0.46	0.21	0.22	0.24	0.24	0.25	0.43	0.37	0.37	0.47	0.38	0.24	0.29	0.27	0.28	0.44	0.28
NTR.TO	0.13	0.10	0.11	0.13	0.67	0.39	0.07	0.21	0.33	0.14	1.00	0.14	0.14	0.10	0.42	0.50	0.30	0.32	0.49	0.20	0.34	0.32	0.12	0.36	0.48	0.49	0.50	0.36	0.24	0.54
CAG	0.17	0.60	0.51	0.30	0.13	0.15	0.66	0.33	0.19	0.28	0.14	1.00	0.37	0.46	0.21	0.19	0.36	0.23	0.18	0.30	0.25	0.21	0.49	0.25	0.19	0.19	0.22	0.37	0.44	0.31
UL	0.22	0.34	0.36	0.53	0.10	0.28	0.41	0.30	0.20	0.39	0.14	0.37	1.00	0.54	0.22	0.16	0.29	0.28	0.20	0.40	0.29	0.33	0.51	0.33	0.20	0.22	0.25	0.30	0.49	0.25
PG	0.21	0.45	0.47	0.43	0.05	0.15	0.52	0.30	0.14	0.46	0.10	0.46	0.54	1.00	0.19	0.16	0.32	0.22	0.21	0.47	0.29	0.33	0.69	0.31	0.18	0.22	0.20	0.30	0.63	0.31
OI	0.18	0.14	0.12	0.13	0.37	0.42	0.12	0.24	0.39	0.21	0.42	0.21	0.22	0.19	1.00	0.39	0.33	0.38	0.42	0.29	0.39	0.37	0.22	0.50	0.51	0.46	0.48	0.45	0.31	0.45
BG	0.14	0.18	0.17	0.18	0.48	0.29	0.18	0.26	0.33	0.22	0.50	0.19	0.16	0.16	0.39	1.00	0.36	0.37	0.46	0.23	0.31	0.34	0.22	0.36	0.50	0.51	0.45	0.49	0.32	0.72
TSN	0.20	0.31	0.38	0.22	0.29	0.28	0.36	0.29	0.32	0.24	0.30	0.36	0.29	0.32	0.33	0.36	1.00	0.39	0.34	0.28	0.31	0.32	0.34	0.35	0.35	0.31	0.33	0.47	0.42	0.46
PFGC	0.27	0.13	0.12	0.23	0.31	0.32	0.14	0.28	0.63	0.24	0.32	0.23	0.28	0.22	0.38	0.37	0.39	1.00	0.39	0.38	0.40	0.43	0.28	0.36	0.47	0.43	0.44	0.43	0.39	0.39
CTVA	0.18	0.14	0.13	0.18	0.55	0.35	0.13	0.26	0.34	0.25	0.49	0.18	0.20	0.21	0.42	0.46	0.34	0.39	1.00	0.32	0.40	0.38	0.24	0.42	0.51	0.52	0.47	0.41	0.34	0.53
MNST	0.36	0.28	0.32	0.37	0.18	0.22	0.30	0.31	0.33	0.43	0.20	0.30	0.40	0.47	0.29	0.23	0.28	0.38	0.32	1.00	0.40	0.42	0.58	0.38	0.31	0.31	0.33	0.33	0.53	0.32
IFF	0.22	0.20	0.19	0.30	0.29	0.37	0.21	0.28	0.34	0.37	0.34	0.25	0.29	0.29	0.39	0.31	0.31	0.40	0.40	0.40	1.00	0.43	0.32	0.45	0.46	0.40	0.48	0.41	0.38	0.40
TTEK	0.27	0.16	0.20	0.28	0.29	0.30	0.17	0.31	0.38	0.37	0.32	0.21	0.33	0.33	0.37	0.34	0.32	0.43	0.38	0.42	0.43	1.00	0.34	0.46	0.45	0.46	0.44	0.41	0.37	0.41
PEP	0.26	0.49	0.50	0.46	0.10	0.14	0.53	0.33	0.20	0.47	0.12	0.49	0.51	0.69	0.22	0.22	0.34	0.28	0.24	0.58	0.32	0.34	1.00	0.35	0.19	0.24	0.21	0.33	0.72	0.34
CCK	0.27	0.18	0.21	0.28	0.32	0.37	0.21	0.31	0.31	0.38	0.36	0.25	0.33	0.31	0.50	0.36	0.35	0.36	0.42	0.38	0.45	0.46	0.35	1.00	0.46	0.46	0.48	0.38	0.41	0.42
AGCO	0.19	0.12	0.12	0.17	0.44	0.43	0.11	0.26	0.40	0.24	0.48	0.19	0.20	0.18	0.51	0.50	0.35	0.47	0.51	0.31	0.46	0.45	0.19	0.46	1.00	0.78	0.69	0.48	0.31	0.57
DE	0.20	0.14	0.14	0.18	0.47	0.42	0.13	0.25	0.36	0.29	0.49	0.19	0.22	0.22	0.46	0.51	0.31	0.43	0.52	0.31	0.40	0.46	0.24	0.46	0.78	1.00	0.64	0.46	0.35	0.57
CNHI	0.21	0.13	0.11	0.24	0.41	0.55	0.13	0.27	0.39	0.27	0.50	0.22	0.25	0.20	0.48	0.45	0.33	0.44	0.47	0.33	0.48	0.44	0.21	0.48	0.69	0.64	1.00	0.46	0.34	0.51
INGR	0.18	0.29	0.28	0.25	0.37	0.37	0.32	0.34	0.41	0.28	0.36	0.37	0.30	0.30	0.45	0.49	0.47	0.43	0.41	0.33	0.41	0.41	0.33	0.38	0.48	0.46	0.46	1.00	0.42	0.56
KO	0.23	0.44	0.44	0.42	0.22	0.27	0.47	0.38	0.31	0.44	0.24	0.44	0.49	0.63	0.31	0.32	0.42	0.39	0.34	0.53	0.38	0.37	0.72	0.41	0.31	0.35	0.34	0.42	1.00	0.43
ADM	0.15	0.29	0.29	0.20	0.53	0.35	0.31	0.30	0.37	0.28	0.54	0.31	0.25	0.31	0.45	0.72	0.46	0.39	0.53	0.32	0.40	0.41	0.34	0.42	0.57	0.57	0.51	0.56	0.43	1.00

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.

Agriculture & Nutrition

Benchmark (^GSPC)

Portfolio components

Worst Drawdowns

The table below displays the maximum drawdowns of the Agriculture & Nutrition. 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 Agriculture & Nutrition was 34.05%, occurring on Mar 23, 2020. Recovery took 109 trading sessions.

Depth	Start	To Bottom	Bottom	To Recover	End	Total
-34.05%	Feb 6, 2020	33	Mar 23, 2020	109	Aug 24, 2020	142
-15.95%	Feb 2, 2023	191	Oct 27, 2023	—	—	—
-15.67%	Apr 21, 2022	117	Sep 30, 2022	43	Nov 30, 2022	160
-7.92%	May 10, 2021	63	Aug 4, 2021	101	Dec 23, 2021	164
-6.69%	Sep 3, 2020	15	Sep 23, 2020	11	Oct 8, 2020	26

Volatility Chart

The current Agriculture & Nutrition volatility is 3.24%, 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.

Agriculture & Nutrition

Benchmark (^GSPC)

Portfolio components

Agriculture & Nutrition

Asset Allocation

Performance

Returns

Monthly Returns Heatmap

Dividend yield

Expense Ratio

Risk-Adjusted Performance

Asset Correlations Table

Drawdowns Chart

Worst Drawdowns

Volatility Chart

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