50

Last updated May 27, 2023

Asset Allocation

Position	Category/Sector	Weight
JNJ Johnson & Johnson	Healthcare	2.86%
AMGN Amgen Inc.	Healthcare	2.86%
GILD Gilead Sciences, Inc.	Healthcare	2.86%
GD General Dynamics Corporation		2.86%
GWW W.W. Grainger, Inc.	Industrials	2.86%
WSO		2.86%
AME AMETEK, Inc.	Industrials	2.86%
CL Colgate-Palmolive Company	Consumer Defensive	2.86%
SYY		2.86%
MKC		2.86%
WMT		2.86%
HRL Hormel Foods Corporation	Consumer Defensive	2.86%
PEP		2.86%
LANC Lancaster Colony Corporation	Consumer Defensive	2.86%
CHD Church & Dwight Co., Inc.	Consumer Defensive	2.86%
FLO Flowers Foods, Inc.	Consumer Defensive	2.86%
ROL		2.86%
SHW		2.86%
BCPC Balchem Corporation	Basic Materials	2.86%
ROST		2.86%
MCD		2.86%
AZO AutoZone, Inc.	Consumer Cyclical	2.86%
JKHY Jack Henry & Associates, Inc.	Technology	2.86%
ADP Automatic Data Processing, Inc.	Industrials	2.86%
BMI Badger Meter, Inc.	Industrials	2.86%
MSFT		2.86%
FISV Fiserv, Inc.	Technology	2.86%
CVX Chevron Corporation	Energy	2.86%
CWT California Water Service Group	Utilities	2.86%
AWR American States Water Company	Utilities	2.86%
PSA		2.86%
O		2.86%
MGEE		2.86%
SO		2.86%
WM		2.86%

Benchmark

Rebalance portfolio

Performance

The chart shows the growth of an initial investment of $10,000 in 50, 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

Benchmark (^GSPC)

Portfolio components

Returns

As of May 27, 2023, the 50 returned 1.19% Year-To-Date and 14.08% of annualized return in the last 10 years.

	1 month	Year-To-Date	6 months	1 year	5 years (annualized)	10 years (annualized)
Benchmark	0.86%	9.53%	4.45%	1.14%	9.36%	9.79%
50	-3.63%	1.19%	-3.09%	6.93%	13.83%	14.25%
Portfolio components:
JNJ Johnson & Johnson	-5.00%	-11.33%	-11.63%	-12.36%	8.12%	8.96%
AMGN Amgen Inc.	-8.66%	-15.89%	-22.14%	-12.19%	7.30%	10.43%
GILD Gilead Sciences, Inc.	-6.23%	-9.35%	-9.03%	24.00%	6.90%	6.10%
GD General Dynamics Corporation	-6.00%	-16.35%	-18.22%	-7.33%	2.80%	12.62%
GWW W.W. Grainger, Inc.	-4.24%	20.06%	10.52%	37.01%	18.91%	12.17%
WSO	-5.98%	32.78%	18.80%	31.91%	16.19%	17.59%
AME AMETEK, Inc.	7.46%	6.27%	4.31%	21.87%	15.84%	13.82%
CL Colgate-Palmolive Company	-4.50%	-2.04%	0.53%	-0.88%	6.24%	4.89%
SYY	-7.84%	-6.31%	-17.15%	-14.17%	4.22%	10.51%
MKC	-1.05%	5.36%	3.33%	-4.68%	12.85%	11.33%
WMT	-2.65%	4.08%	-3.22%	15.80%	14.18%	9.19%
HRL Hormel Foods Corporation	-4.87%	-14.46%	-21.14%	-18.98%	3.20%	8.72%
PEP	-3.83%	2.30%	1.01%	9.75%	16.02%	11.67%
LANC Lancaster Colony Corporation	-2.70%	3.60%	-0.04%	68.34%	11.84%	11.89%
CHD Church & Dwight Co., Inc.	-2.97%	17.29%	19.84%	5.35%	16.01%	13.42%
FLO Flowers Foods, Inc.	-6.22%	-9.51%	-11.97%	-2.46%	8.87%	4.69%
ROL	-6.62%	8.37%	-0.98%	8.79%	13.19%	19.82%
SHW	-3.28%	-2.93%	-7.67%	-16.23%	13.15%	14.80%
BCPC Balchem Corporation	-6.77%	0.33%	-13.18%	-2.89%	5.31%	10.60%
ROST	-3.15%	-10.65%	-10.32%	19.95%	7.02%	13.43%
MCD	-3.28%	9.17%	5.20%	16.13%	14.93%	14.42%
AZO AutoZone, Inc.	-7.60%	-0.22%	-3.95%	19.72%	31.41%	19.43%
JKHY Jack Henry & Associates, Inc.	-8.72%	-14.81%	-21.66%	-20.07%	5.19%	13.65%
ADP Automatic Data Processing, Inc.	-3.42%	-10.54%	-18.65%	-3.56%	12.66%	15.80%
BMI Badger Meter, Inc.	5.36%	28.11%	19.65%	77.00%	27.53%	21.43%
MSFT	8.58%	39.46%	35.14%	23.01%	29.19%	27.61%
FISV Fiserv, Inc.	-6.84%	12.57%	11.01%	12.23%	9.71%	17.82%
CVX Chevron Corporation	-7.71%	-12.55%	-14.55%	-10.47%	9.60%	6.46%
CWT California Water Service Group	2.34%	-4.97%	-12.06%	8.15%	8.54%	13.42%
AWR American States Water Company	1.84%	-1.92%	-8.74%	14.90%	11.40%	14.86%
PSA	-2.76%	3.39%	-2.34%	-8.47%	10.88%	10.47%
O	-6.65%	-6.05%	-7.38%	-11.42%	7.12%	7.32%
MGEE	-5.21%	3.75%	2.03%	-8.07%	6.16%	9.75%
SO	-4.65%	-0.77%	5.90%	-5.04%	14.19%	9.46%
WM	-2.87%	3.29%	-1.09%	1.83%	16.41%	17.08%
Returns over 1 year are annualized

Asset Correlations Table

The table below shows the correlation coefficients between the assets in the portfolio.

	BCPC	GILD	BMI	FLO	SO	AZO	CVX	CHD	AMGN	HRL	ROST	MCD	WMT	AWR	PSA	WSO	JNJ	CWT	PEP	O	WM	LANC	MKC	SYY	GD	CL	MSFT	JKHY	MGEE	SHW	ROL	GWW	AME	FISV	ADP
BCPC	1.00	0.18	0.33	0.19	0.15	0.18	0.24	0.18	0.19	0.18	0.24	0.21	0.18	0.26	0.23	0.30	0.20	0.27	0.19	0.24	0.22	0.26	0.18	0.21	0.25	0.20	0.23	0.28	0.29	0.27	0.28	0.28	0.33	0.26	0.28
GILD	0.18	1.00	0.19	0.21	0.15	0.21	0.22	0.21	0.43	0.20	0.25	0.20	0.24	0.21	0.21	0.22	0.29	0.23	0.21	0.22	0.23	0.24	0.23	0.21	0.26	0.22	0.29	0.28	0.26	0.26	0.29	0.26	0.29	0.28	0.30
BMI	0.33	0.19	1.00	0.21	0.16	0.22	0.26	0.16	0.18	0.18	0.25	0.21	0.18	0.27	0.23	0.32	0.20	0.30	0.19	0.24	0.24	0.28	0.21	0.23	0.27	0.19	0.25	0.27	0.26	0.28	0.28	0.30	0.35	0.28	0.30
FLO	0.19	0.21	0.21	1.00	0.23	0.22	0.19	0.29	0.21	0.32	0.22	0.23	0.23	0.26	0.26	0.23	0.23	0.27	0.28	0.27	0.24	0.31	0.32	0.28	0.22	0.30	0.22	0.25	0.29	0.26	0.28	0.24	0.25	0.26	0.27
SO	0.15	0.15	0.16	0.23	1.00	0.19	0.27	0.27	0.21	0.27	0.18	0.26	0.27	0.32	0.31	0.19	0.31	0.33	0.32	0.32	0.27	0.25	0.33	0.29	0.26	0.33	0.21	0.20	0.39	0.25	0.22	0.23	0.21	0.24	0.29
AZO	0.18	0.21	0.22	0.22	0.19	1.00	0.21	0.22	0.25	0.21	0.36	0.30	0.32	0.22	0.23	0.29	0.23	0.21	0.24	0.24	0.27	0.26	0.24	0.28	0.26	0.26	0.26	0.27	0.24	0.33	0.29	0.34	0.31	0.31	0.31
CVX	0.24	0.22	0.26	0.19	0.27	0.21	1.00	0.18	0.24	0.23	0.24	0.26	0.24	0.23	0.22	0.27	0.30	0.23	0.27	0.24	0.26	0.24	0.23	0.31	0.36	0.25	0.29	0.25	0.26	0.29	0.26	0.35	0.35	0.31	0.35
CHD	0.18	0.21	0.16	0.29	0.27	0.22	0.18	1.00	0.23	0.33	0.23	0.25	0.27	0.27	0.28	0.25	0.27	0.26	0.32	0.27	0.27	0.30	0.34	0.25	0.24	0.42	0.22	0.26	0.29	0.29	0.31	0.25	0.26	0.29	0.27
AMGN	0.19	0.43	0.18	0.21	0.21	0.25	0.24	0.23	1.00	0.24	0.24	0.25	0.28	0.22	0.22	0.24	0.37	0.24	0.27	0.24	0.25	0.24	0.27	0.24	0.27	0.28	0.36	0.29	0.25	0.27	0.30	0.27	0.27	0.34	0.35
HRL	0.18	0.20	0.18	0.32	0.27	0.21	0.23	0.33	0.24	1.00	0.21	0.25	0.26	0.24	0.25	0.22	0.28	0.26	0.35	0.26	0.26	0.32	0.43	0.32	0.26	0.34	0.23	0.26	0.27	0.25	0.29	0.27	0.26	0.27	0.29
ROST	0.24	0.25	0.25	0.22	0.18	0.36	0.24	0.23	0.24	0.21	1.00	0.30	0.35	0.23	0.24	0.30	0.23	0.23	0.22	0.27	0.27	0.28	0.24	0.30	0.28	0.25	0.30	0.30	0.25	0.33	0.29	0.35	0.34	0.33	0.34
MCD	0.21	0.20	0.21	0.23	0.26	0.30	0.26	0.25	0.25	0.25	0.30	1.00	0.33	0.23	0.28	0.25	0.32	0.24	0.33	0.26	0.29	0.25	0.28	0.33	0.30	0.33	0.30	0.28	0.24	0.33	0.27	0.31	0.29	0.32	0.35
WMT	0.18	0.24	0.18	0.23	0.27	0.32	0.24	0.27	0.28	0.26	0.35	0.33	1.00	0.23	0.23	0.25	0.33	0.23	0.33	0.23	0.30	0.25	0.29	0.33	0.28	0.33	0.33	0.26	0.26	0.32	0.27	0.32	0.27	0.31	0.36
AWR	0.26	0.21	0.27	0.26	0.32	0.22	0.23	0.27	0.22	0.24	0.23	0.23	0.23	1.00	0.31	0.28	0.24	0.57	0.26	0.34	0.29	0.31	0.28	0.23	0.25	0.25	0.25	0.31	0.43	0.27	0.34	0.26	0.29	0.27	0.29
PSA	0.23	0.21	0.23	0.26	0.31	0.23	0.22	0.28	0.22	0.25	0.24	0.28	0.23	0.31	1.00	0.28	0.24	0.32	0.27	0.54	0.30	0.29	0.31	0.25	0.26	0.27	0.26	0.29	0.32	0.31	0.32	0.29	0.30	0.30	0.31
WSO	0.30	0.22	0.32	0.23	0.19	0.29	0.27	0.25	0.24	0.22	0.30	0.25	0.25	0.28	0.28	1.00	0.23	0.29	0.21	0.30	0.30	0.32	0.25	0.25	0.32	0.23	0.29	0.35	0.29	0.36	0.37	0.40	0.41	0.34	0.33
JNJ	0.20	0.29	0.20	0.23	0.31	0.23	0.30	0.27	0.37	0.28	0.23	0.32	0.33	0.24	0.24	0.23	1.00	0.25	0.39	0.24	0.30	0.27	0.32	0.33	0.33	0.41	0.32	0.27	0.26	0.30	0.27	0.29	0.27	0.30	0.38
CWT	0.27	0.23	0.30	0.27	0.33	0.21	0.23	0.26	0.24	0.26	0.23	0.24	0.23	0.57	0.32	0.29	0.25	1.00	0.26	0.37	0.28	0.36	0.28	0.25	0.26	0.27	0.25	0.30	0.48	0.28	0.34	0.27	0.31	0.28	0.30
PEP	0.19	0.21	0.19	0.28	0.32	0.24	0.27	0.32	0.27	0.35	0.22	0.33	0.33	0.26	0.27	0.21	0.39	0.26	1.00	0.28	0.29	0.30	0.39	0.37	0.29	0.44	0.29	0.26	0.29	0.29	0.28	0.28	0.25	0.30	0.35
O	0.24	0.22	0.24	0.27	0.32	0.24	0.24	0.27	0.24	0.26	0.27	0.26	0.23	0.34	0.54	0.30	0.24	0.37	0.28	1.00	0.30	0.32	0.28	0.28	0.27	0.26	0.28	0.29	0.40	0.29	0.32	0.29	0.31	0.33	0.31
WM	0.22	0.23	0.24	0.24	0.27	0.27	0.26	0.27	0.25	0.26	0.27	0.29	0.30	0.29	0.30	0.30	0.30	0.28	0.29	0.30	1.00	0.29	0.29	0.31	0.32	0.32	0.30	0.31	0.30	0.33	0.34	0.34	0.35	0.33	0.37
LANC	0.26	0.24	0.28	0.31	0.25	0.26	0.24	0.30	0.24	0.32	0.28	0.25	0.25	0.31	0.29	0.32	0.27	0.36	0.30	0.32	0.29	1.00	0.32	0.31	0.28	0.31	0.26	0.29	0.36	0.29	0.36	0.30	0.32	0.32	0.32
MKC	0.18	0.23	0.21	0.32	0.33	0.24	0.23	0.34	0.27	0.43	0.24	0.28	0.29	0.28	0.31	0.25	0.32	0.28	0.39	0.28	0.29	0.32	1.00	0.33	0.28	0.38	0.29	0.28	0.30	0.31	0.31	0.28	0.28	0.31	0.33
SYY	0.21	0.21	0.23	0.28	0.29	0.28	0.31	0.25	0.24	0.32	0.30	0.33	0.33	0.23	0.25	0.25	0.33	0.25	0.37	0.28	0.31	0.31	0.33	1.00	0.34	0.34	0.29	0.28	0.27	0.32	0.29	0.33	0.32	0.34	0.39
GD	0.25	0.26	0.27	0.22	0.26	0.26	0.36	0.24	0.27	0.26	0.28	0.30	0.28	0.25	0.26	0.32	0.33	0.26	0.29	0.27	0.32	0.28	0.28	0.34	1.00	0.30	0.33	0.31	0.28	0.37	0.31	0.39	0.41	0.36	0.39
CL	0.20	0.22	0.19	0.30	0.33	0.26	0.25	0.42	0.28	0.34	0.25	0.33	0.33	0.25	0.27	0.23	0.41	0.27	0.44	0.26	0.32	0.31	0.38	0.34	0.30	1.00	0.28	0.28	0.29	0.31	0.29	0.31	0.27	0.30	0.36
MSFT	0.23	0.29	0.25	0.22	0.21	0.26	0.29	0.22	0.36	0.23	0.30	0.30	0.33	0.25	0.26	0.29	0.32	0.25	0.29	0.28	0.30	0.26	0.29	0.29	0.33	0.28	1.00	0.36	0.28	0.35	0.35	0.35	0.37	0.46	0.46
JKHY	0.28	0.28	0.27	0.25	0.20	0.27	0.25	0.26	0.29	0.26	0.30	0.28	0.26	0.31	0.29	0.35	0.27	0.30	0.26	0.29	0.31	0.29	0.28	0.28	0.31	0.28	0.36	1.00	0.32	0.31	0.40	0.35	0.38	0.44	0.39
MGEE	0.29	0.26	0.26	0.29	0.39	0.24	0.26	0.29	0.25	0.27	0.25	0.24	0.26	0.43	0.32	0.29	0.26	0.48	0.29	0.40	0.30	0.36	0.30	0.27	0.28	0.29	0.28	0.32	1.00	0.27	0.37	0.30	0.31	0.33	0.32
SHW	0.27	0.26	0.28	0.26	0.25	0.33	0.29	0.29	0.27	0.25	0.33	0.33	0.32	0.27	0.31	0.36	0.30	0.28	0.29	0.29	0.33	0.29	0.31	0.32	0.37	0.31	0.35	0.31	0.27	1.00	0.34	0.41	0.41	0.36	0.40
ROL	0.28	0.29	0.28	0.28	0.22	0.29	0.26	0.31	0.30	0.29	0.29	0.27	0.27	0.34	0.32	0.37	0.27	0.34	0.28	0.32	0.34	0.36	0.31	0.29	0.31	0.29	0.35	0.40	0.37	0.34	1.00	0.37	0.42	0.38	0.38
GWW	0.28	0.26	0.30	0.24	0.23	0.34	0.35	0.25	0.27	0.27	0.35	0.31	0.32	0.26	0.29	0.40	0.29	0.27	0.28	0.29	0.34	0.30	0.28	0.33	0.39	0.31	0.35	0.35	0.30	0.41	0.37	1.00	0.45	0.36	0.41
AME	0.33	0.29	0.35	0.25	0.21	0.31	0.35	0.26	0.27	0.26	0.34	0.29	0.27	0.29	0.30	0.41	0.27	0.31	0.25	0.31	0.35	0.32	0.28	0.32	0.41	0.27	0.37	0.38	0.31	0.41	0.42	0.45	1.00	0.40	0.41
FISV	0.26	0.28	0.28	0.26	0.24	0.31	0.31	0.29	0.34	0.27	0.33	0.32	0.31	0.27	0.30	0.34	0.30	0.28	0.30	0.33	0.33	0.32	0.31	0.34	0.36	0.30	0.46	0.44	0.33	0.36	0.38	0.36	0.40	1.00	0.49
ADP	0.28	0.30	0.30	0.27	0.29	0.31	0.35	0.27	0.35	0.29	0.34	0.35	0.36	0.29	0.31	0.33	0.38	0.30	0.35	0.31	0.37	0.32	0.33	0.39	0.39	0.36	0.46	0.39	0.32	0.40	0.38	0.41	0.41	0.49	1.00

Sharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current 50 Sharpe ratio is 0.59. A Sharpe ratio between 0 and 1.0 is considered sub-optimal.

The chart below displays rolling 12-month Sharpe Ratio.

Benchmark (^GSPC)

Portfolio components

Dividend yield

50 granted a 2.98% dividend yield in the last twelve months.

	TTM	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
50	2.98%	2.09%	1.87%	2.16%	2.14%	2.45%	2.31%	2.47%	2.71%	2.49%	2.68%	3.56%
Portfolio components:
JNJ Johnson & Johnson	4.39%	2.56%	2.55%	2.70%	2.82%	3.09%	2.75%	3.25%	3.51%	3.32%	3.66%	4.56%
AMGN Amgen Inc.	5.54%	3.01%	3.29%	3.01%	2.68%	3.11%	3.12%	3.32%	2.42%	1.95%	2.13%	2.20%
GILD Gilead Sciences, Inc.	4.76%	3.43%	4.13%	5.14%	4.44%	4.34%	3.56%	3.25%	1.65%	0.00%	0.00%	0.00%
GD General Dynamics Corporation	3.68%	2.03%	2.32%	3.08%	2.47%	2.58%	1.83%	1.99%	2.32%	2.12%	2.17%	4.57%
GWW W.W. Grainger, Inc.	1.56%	1.23%	1.26%	1.50%	1.77%	2.04%	2.34%	2.33%	2.60%	1.91%	1.67%	1.83%
WSO	4.13%	3.49%	2.56%	3.30%	3.98%	4.70%	3.26%	3.02%	3.06%	2.45%	1.60%	13.53%
AME AMETEK, Inc.	0.76%	0.63%	0.55%	0.60%	0.57%	0.85%	0.52%	0.77%	0.71%	0.66%	0.48%	0.63%
CL Colgate-Palmolive Company	3.69%	2.39%	2.18%	2.17%	2.70%	3.11%	2.40%	2.76%	2.69%	2.50%	2.54%	2.97%
SYY	4.10%	2.54%	2.43%	2.57%	2.00%	2.58%	2.49%	2.63%	2.65%	3.64%	4.98%	4.54%
MKC	2.17%	1.82%	1.47%	1.38%	1.45%	1.64%	2.06%	2.09%	2.15%	2.34%	2.37%	2.40%
WMT	2.31%	1.59%	1.56%	1.56%	1.89%	2.41%	2.28%	3.28%	3.73%	2.68%	2.93%	2.93%
HRL Hormel Foods Corporation	4.13%	2.31%	2.08%	2.11%	2.01%	1.93%	2.10%	1.91%	1.47%	1.82%	1.81%	2.35%
PEP	3.09%	2.52%	2.53%	2.89%	3.04%	3.66%	3.08%	3.39%	3.41%	3.40%	3.52%	4.17%
LANC Lancaster Colony Corporation	2.01%	1.65%	1.89%	1.62%	1.76%	1.50%	1.91%	1.62%	6.78%	2.30%	2.27%	11.77%
CHD Church & Dwight Co., Inc.	1.70%	1.31%	1.00%	1.13%	1.35%	1.40%	1.63%	1.75%	1.75%	1.77%	1.94%	2.09%
FLO Flowers Foods, Inc.	4.30%	3.12%	3.15%	3.76%	3.85%	4.44%	4.15%	3.88%	3.40%	3.34%	2.80%	3.74%
ROL	1.75%	1.18%	1.01%	0.63%	1.31%	1.35%	1.27%	1.57%	1.75%	1.72%	1.64%	2.24%
SHW	1.58%	1.02%	0.63%	0.75%	0.80%	0.91%	0.87%	1.33%	1.11%	0.91%	1.19%	1.12%
BCPC Balchem Corporation	0.58%	0.58%	0.38%	0.51%	0.52%	0.61%	0.53%	0.47%	0.58%	0.47%	0.46%	0.63%
ROST	1.52%	1.07%	1.01%	0.24%	0.90%	1.13%	0.84%	0.87%	0.94%	0.92%	0.99%	1.14%
MCD	2.51%	2.16%	2.01%	2.47%	2.58%	2.61%	2.52%	3.44%	3.49%	4.33%	4.12%	4.30%
AZO AutoZone, 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%
JKHY Jack Henry & Associates, Inc.	2.02%	1.12%	1.12%	1.09%	1.14%	1.23%	1.13%	1.36%	1.40%	1.57%	1.39%	1.34%
ADP Automatic Data Processing, Inc.	2.64%	1.84%	1.59%	2.17%	2.06%	2.33%	2.23%	2.39%	2.76%	2.53%	2.72%	3.60%
BMI Badger Meter, Inc.	0.93%	0.78%	0.72%	0.76%	1.02%	1.19%	1.08%	1.24%	1.44%	1.36%	1.42%	1.57%
MSFT	1.17%	1.06%	0.69%	0.96%	1.24%	1.78%	1.98%	2.58%	2.61%	2.85%	3.07%	3.79%
FISV Fiserv, 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%
CVX Chevron Corporation	5.65%	3.22%	4.78%	6.79%	4.64%	5.03%	4.38%	4.81%	6.55%	5.40%	4.66%	5.00%
CWT California Water Service Group	2.66%	1.66%	1.31%	1.64%	1.63%	1.70%	1.74%	2.28%	3.30%	3.12%	3.37%	4.30%
AWR American States Water Company	2.58%	1.66%	1.39%	1.68%	1.42%	1.70%	1.88%	2.25%	2.38%	2.58%	3.18%	3.27%
PSA	8.42%	7.63%	2.30%	3.84%	4.32%	4.71%	4.74%	4.20%	3.48%	4.15%	4.84%	4.44%
O	7.22%	4.76%	4.12%	5.00%	4.29%	5.05%	5.63%	5.53%	6.07%	6.61%	8.83%	7.04%
MGEE	2.75%	2.27%	1.89%	2.16%	1.87%	2.40%	2.23%	2.10%	2.89%	2.91%	3.42%	3.87%
SO	5.87%	3.86%	4.05%	4.57%	4.45%	6.53%	6.08%	6.01%	6.40%	6.19%	7.49%	7.26%
WM	2.05%	1.67%	1.41%	1.92%	1.90%	2.25%	2.17%	2.60%	3.33%	3.48%	4.00%	5.36%

Expense Ratio

The 50 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
JNJ Johnson & Johnson	-0.71
AMGN Amgen Inc.	-0.55
GILD Gilead Sciences, Inc.	0.93
GD General Dynamics Corporation	-0.22
GWW W.W. Grainger, Inc.	1.43
WSO	N/A
AME AMETEK, Inc.	1.11
CL Colgate-Palmolive Company	0.05
SYY	N/A
MKC	N/A
WMT	N/A
HRL Hormel Foods Corporation	-1.05
PEP	N/A
LANC Lancaster Colony Corporation	2.40
CHD Church & Dwight Co., Inc.	0.25
FLO Flowers Foods, Inc.	-0.02
ROL	N/A
SHW	N/A
BCPC Balchem Corporation	-0.02
ROST	N/A
MCD	N/A
AZO AutoZone, Inc.	1.13
JKHY Jack Henry & Associates, Inc.	-0.62
ADP Automatic Data Processing, Inc.	0.05
BMI Badger Meter, Inc.	2.65
MSFT	N/A
FISV Fiserv, Inc.	0.59
CVX Chevron Corporation	-0.30
CWT California Water Service Group	0.27
AWR American States Water Company	0.53
PSA	N/A
O	N/A
MGEE	N/A
SO	N/A
WM	N/A

Drawdowns Chart

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

Benchmark (^GSPC)

Portfolio components

Worst Drawdowns

The table below shows the maximum drawdowns of the 50. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the 50 is 28.65%, recorded on Mar 9, 2009. It took 176 trading sessions for the portfolio to recover.

Depth	Start	To Bottom	Bottom	To Recover	End	Total
-28.65%	Aug 12, 2008	144	Mar 9, 2009	176	Nov 16, 2009	320
-27.84%	Feb 18, 2020	25	Mar 23, 2020	99	Aug 12, 2020	124
-20.07%	May 15, 2002	48	Jul 23, 2002	215	May 30, 2003	263
-17.7%	Jul 20, 1998	31	Aug 31, 1998	80	Dec 23, 1998	111
-14.48%	Apr 21, 2022	41	Jun 17, 2022	39	Aug 15, 2022	80

Volatility Chart

The current 50 volatility is 2.24%, 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.

Benchmark (^GSPC)

Portfolio components