Optimist
Best of Both Worlds
Asset Allocation
| Position | Category/Sector | Weight |
|---|---|---|
VOO Vanguard S&P 500 ETF | Large Cap Growth Equities | 50% |
QQQ Invesco QQQ | Large Cap Blend Equities | 20% |
UNH UnitedHealth Group Incorporated | Healthcare | 5% |
LLY Eli Lilly and Company | Healthcare | 5% |
BHP BHP Group | Basic Materials | 5% |
CRM salesforce.com, inc. | Technology | 5% |
AVGO Broadcom Inc. | Technology | 5% |
MSFT Microsoft Corporation | Technology | 5% |
Performance
The chart shows the growth of an initial investment of $10,000 in Optimist, 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
Returns
As of Jun 2, 2023, the Optimist returned 19.23% Year-To-Date and 17.39% of annualized return in the last 10 years.
| 1 month | Year-To-Date | 6 months | 1 year | 5 years (annualized) | 10 years (annualized) | |
|---|---|---|---|---|---|---|
| Benchmark | 3.18% | 9.94% | 3.67% | 1.06% | 9.08% | 9.99% |
| Optimist | 6.23% | 19.23% | 12.97% | 10.63% | 16.57% | 17.49% |
| Portfolio components: | ||||||
VOO Vanguard S&P 500 ETF | 3.39% | 10.77% | 4.55% | 2.79% | 10.99% | 12.07% |
QQQ Invesco QQQ | 10.94% | 32.40% | 20.80% | 12.83% | 16.16% | 18.15% |
UNH UnitedHealth Group Incorporated | 0.86% | -6.56% | -7.60% | 1.62% | 16.93% | 24.93% |
LLY Eli Lilly and Company | 1.49% | 20.01% | 17.15% | 46.03% | 41.27% | 26.53% |
BHP BHP Group | -3.11% | -6.46% | -8.50% | -8.07% | 15.25% | 7.52% |
CRM salesforce.com, inc. | 10.53% | 60.57% | 47.27% | 13.00% | 10.30% | 18.90% |
AVGO Broadcom Inc. | 28.82% | 42.30% | 48.35% | 41.42% | 29.76% | 39.25% |
MSFT Microsoft Corporation | 9.50% | 39.33% | 31.03% | 22.29% | 28.44% | 27.61% |
| Returns over 1 year are annualized | ||||||
Asset Correlations Table
| LLY | UNH | BHP | AVGO | CRM | MSFT | QQQ | VOO | |
|---|---|---|---|---|---|---|---|---|
| LLY | 1.00 | 0.38 | 0.25 | 0.26 | 0.26 | 0.35 | 0.39 | 0.45 |
| UNH | 0.38 | 1.00 | 0.30 | 0.31 | 0.29 | 0.37 | 0.44 | 0.54 |
| BHP | 0.25 | 0.30 | 1.00 | 0.37 | 0.33 | 0.38 | 0.48 | 0.58 |
| AVGO | 0.26 | 0.31 | 0.37 | 1.00 | 0.47 | 0.49 | 0.67 | 0.62 |
| CRM | 0.26 | 0.29 | 0.33 | 0.47 | 1.00 | 0.57 | 0.68 | 0.61 |
| MSFT | 0.35 | 0.37 | 0.38 | 0.49 | 0.57 | 1.00 | 0.79 | 0.72 |
| QQQ | 0.39 | 0.44 | 0.48 | 0.67 | 0.68 | 0.79 | 1.00 | 0.89 |
| VOO | 0.45 | 0.54 | 0.58 | 0.62 | 0.61 | 0.72 | 0.89 | 1.00 |
Dividend yield
Optimist granted a 2.18% dividend yield in the last twelve months.
| TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Optimist | 2.18% | 1.86% | 1.64% | 1.55% | 2.23% | 2.16% | 1.89% | 1.97% | 2.73% | 2.38% | 2.27% | 2.57% |
| Portfolio components: | ||||||||||||
VOO Vanguard S&P 500 ETF | 1.92% | 1.70% | 1.27% | 1.60% | 1.99% | 2.22% | 1.95% | 2.25% | 2.40% | 2.16% | 2.18% | 2.64% |
QQQ Invesco QQQ | 0.74% | 0.80% | 0.43% | 0.56% | 0.76% | 0.94% | 0.87% | 1.11% | 1.05% | 1.51% | 1.10% | 1.38% |
UNH UnitedHealth Group Incorporated | 1.63% | 1.21% | 1.13% | 1.42% | 1.48% | 1.48% | 1.41% | 1.63% | 1.78% | 1.58% | 1.61% | 1.73% |
LLY Eli Lilly and Company | 1.42% | 1.08% | 1.25% | 1.81% | 2.07% | 2.10% | 2.73% | 3.15% | 2.77% | 3.40% | 4.75% | 5.10% |
BHP BHP Group | 14.50% | 10.57% | 12.93% | 5.26% | 12.99% | 8.22% | 6.43% | 3.13% | 17.80% | 10.47% | 7.25% | 6.32% |
CRM salesforce.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% |
AVGO Broadcom Inc. | 2.72% | 3.04% | 2.33% | 3.26% | 3.97% | 3.61% | 2.33% | 1.86% | 1.53% | 1.69% | 2.40% | 2.54% |
MSFT Microsoft Corporation | 1.17% | 1.06% | 0.69% | 0.96% | 1.24% | 1.78% | 1.98% | 2.58% | 2.61% | 2.85% | 3.07% | 3.79% |
Expense Ratio
The Optimist has an expense ratio of 0.06% which is considered to be low. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.
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 | |
|---|---|---|---|---|---|
VOO Vanguard S&P 500 ETF | 0.19 | ||||
QQQ Invesco QQQ | 0.56 | ||||
UNH UnitedHealth Group Incorporated | 0.03 | ||||
LLY Eli Lilly and Company | 1.58 | ||||
BHP BHP Group | 0.07 | ||||
CRM salesforce.com, inc. | 0.77 | ||||
AVGO Broadcom Inc. | 1.20 | ||||
MSFT Microsoft Corporation | 0.71 |
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below shows the maximum drawdowns of the Optimist. 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 Optimist is 31.42%, recorded on Mar 23, 2020. It took 72 trading sessions for the portfolio to recover.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -31.42% | Feb 20, 2020 | 23 | Mar 23, 2020 | 72 | Jul 6, 2020 | 95 |
| -24.09% | Dec 28, 2021 | 200 | Oct 12, 2022 | — | — | — |
| -17.66% | Oct 4, 2018 | 56 | Dec 24, 2018 | 55 | Mar 15, 2019 | 111 |
| -17.38% | Jul 8, 2011 | 61 | Oct 3, 2011 | 85 | Feb 3, 2012 | 146 |
| -14.44% | Dec 7, 2015 | 46 | Feb 11, 2016 | 43 | Apr 14, 2016 | 89 |
Volatility Chart
The current Optimist volatility is 4.10%, 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.