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RRSPGrowth
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RRSPGrowth

Last updated Aug 27, 2024

RRSP Growth

Asset Allocation

QQQM 20%AAPL 20%AMZN 20%GOOG 20%MSFT 20%EquityEquity
PositionCategory/SectorWeight
AAPL
Apple Inc		Technology
20%
AMZN
Amazon.com, Inc.		Consumer Cyclical
20%
GOOG
Alphabet Inc.		Communication Services
20%
MSFT
Microsoft Corporation		Technology
20%
QQQM
Invesco NASDAQ 100 ETF		Large Cap Growth Equities
20%

S&P 500

Performance

Performance Chart

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

40.00%50.00%60.00%70.00%80.00%90.00%MarchAprilMayJuneJulyAugust
73.91%
59.94%
RRSPGrowth
Benchmark (^GSPC)
Portfolio components

The earliest data available for this chart is Oct 13, 2020, corresponding to the inception date of QQQM

Returns By Period

Year-To-Date1 month6 months1 year5 years (annualized)10 years (annualized)
^GSPC
S&P 500		17.76%2.89%10.80%27.49%14.28%10.89%
RRSPGrowth17.00%0.13%11.63%30.45%N/AN/A
Portfolio components:
QQQM
Invesco NASDAQ 100 ETF		16.49%2.67%8.97%30.57%N/AN/A
AAPL
Apple Inc		18.44%4.35%24.71%26.72%35.64%25.95%
AMZN
Amazon.com, Inc.		15.51%-3.84%1.13%31.82%14.80%26.41%
GOOG
Alphabet Inc.		19.29%-0.44%20.00%27.57%23.57%19.48%
MSFT
Microsoft Corporation		10.56%-2.59%1.84%28.70%26.23%26.77%

Monthly Returns

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

JanFebMarAprMayJunJulAugSepOctNovDecTotal
20241.22%4.11%1.81%-1.47%6.54%7.69%-2.30%17.00%
202312.08%-3.26%12.27%3.23%9.58%5.01%3.27%-0.26%-5.83%0.92%10.29%2.98%60.76%
2022-6.85%-2.35%4.63%-14.91%-2.60%-7.63%14.90%-5.44%-11.27%0.72%2.82%-10.42%-34.84%
20211.48%0.19%1.09%9.78%-2.79%7.02%3.83%5.32%-6.60%9.06%2.35%1.48%35.79%
2020-7.27%7.94%4.40%4.49%

Expense Ratio

RRSPGrowth has an expense ratio of 0.03%, which is considered low compared to other funds. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.

QQQM
Invesco NASDAQ 100 ETF
Expense ratio chart for QQQM: current value at 0.15% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.15%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of RRSPGrowth is 33, suggesting that the investment has average results relative to other portfolios in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.

The Risk-Adjusted Performance Rank of RRSPGrowth is 3333
RRSPGrowth
The Sharpe Ratio Rank of RRSPGrowth is 2727Sharpe Ratio Rank
The Sortino Ratio Rank of RRSPGrowth is 2222Sortino Ratio Rank
The Omega Ratio Rank of RRSPGrowth is 2525Omega Ratio Rank
The Calmar Ratio Rank of RRSPGrowth is 5959Calmar Ratio Rank
The Martin Ratio Rank of RRSPGrowth is 3333Martin 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.

RRSPGrowth
Sharpe ratio
The chart of Sharpe ratio for RRSPGrowth, currently valued at 1.74, compared to the broader market-1.000.001.002.003.004.001.74
Sortino ratio
The chart of Sortino ratio for RRSPGrowth, currently valued at 2.27, compared to the broader market-2.000.002.004.002.27
Omega ratio
The chart of Omega ratio for RRSPGrowth, currently valued at 1.30, compared to the broader market0.801.001.201.401.601.801.30
Calmar ratio
The chart of Calmar ratio for RRSPGrowth, currently valued at 2.17, compared to the broader market0.002.004.006.008.002.17
Martin ratio
The chart of Martin ratio for RRSPGrowth, currently valued at 7.95, compared to the broader market0.005.0010.0015.0020.0025.0030.007.95
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.28, compared to the broader market-1.000.001.002.003.004.002.28
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 3.09, compared to the broader market-2.000.002.004.003.09
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.41, compared to the broader market0.801.001.201.401.601.801.41
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 2.00, compared to the broader market0.002.004.006.008.002.00
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 10.55, compared to the broader market0.005.0010.0015.0020.0025.0030.0010.55
Portfolio components
Sharpe ratioSortino ratioOmega ratioCalmar ratioMartin ratio
QQQM
Invesco NASDAQ 100 ETF		1.892.531.332.379.09
AAPL
Apple Inc		1.311.931.241.773.89
AMZN
Amazon.com, Inc.		1.171.701.220.925.32
GOOG
Alphabet Inc.		1.051.471.211.604.72
MSFT
Microsoft Corporation		1.522.021.261.956.68

Sharpe Ratio

The current RRSPGrowth Sharpe ratio is 1.74. 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 1.79 to 2.40, 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 RRSPGrowth 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 Ratio1.001.502.002.503.00MarchAprilMayJuneJulyAugust
1.74
2.28
RRSPGrowth
Benchmark (^GSPC)
Portfolio components

Dividends

Dividend yield

RRSPGrowth granted a 0.39% dividend yield in the last twelve months.

TTM20232022202120202019201820172016201520142013
RRSPGrowth0.39%0.38%0.52%0.31%0.34%0.45%0.70%0.66%0.86%0.85%0.83%0.94%
Portfolio components:
QQQM
Invesco NASDAQ 100 ETF		0.66%0.65%0.83%0.40%0.16%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
AAPL
Apple Inc		0.43%0.49%0.70%0.49%0.61%1.04%1.79%1.45%1.93%1.93%1.67%2.10%
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%
GOOG
Alphabet Inc.		0.12%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		0.73%0.74%1.06%0.68%0.94%1.20%1.69%1.86%2.37%2.33%2.48%2.59%

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.

-15.00%-10.00%-5.00%0.00%MarchAprilMayJuneJulyAugust
-8.71%
-0.89%
RRSPGrowth
Benchmark (^GSPC)
Portfolio components

Worst Drawdowns

The table below displays the maximum drawdowns of the RRSPGrowth. 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 RRSPGrowth was 38.03%, occurring on Jan 5, 2023. Recovery took 220 trading sessions.

The current RRSPGrowth drawdown is 8.71%.

Depth

Start

To Bottom

Bottom

To Recover

End

Total

-38.03%Dec 28, 2021258Jan 5, 2023220Nov 20, 2023478
-14.89%Jul 11, 202418Aug 5, 2024———
-8.92%Feb 8, 202120Mar 8, 202121Apr 7, 202141
-8.37%Sep 8, 202119Oct 4, 202118Oct 28, 202137
-7.44%Apr 30, 20219May 12, 202122Jun 14, 202131

Volatility

Volatility Chart

The current RRSPGrowth volatility is 6.89%, 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%3.00%4.00%5.00%6.00%7.00%8.00%MarchAprilMayJuneJulyAugust
6.89%
5.88%
RRSPGrowth
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.
AAPLAMZNGOOGMSFTQQQM
AAPL1.000.620.630.690.79
AMZN0.621.000.670.690.78
GOOG0.630.671.000.730.77
MSFT0.690.690.731.000.85
QQQM0.790.780.770.851.00
The correlation results are calculated based on daily price changes starting from Oct 14, 2020