PortfoliosLab logo

Optimist

Last updated Jun 2, 2023

Best of Both Worlds

Asset Allocation


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


-5.00%0.00%5.00%10.00%15.00%2023FebruaryMarchAprilMayJune
15.17%
5.56%
Optimist
Benchmark (^GSPC)
Portfolio components

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 monthYear-To-Date6 months1 year5 years (annualized)10 years (annualized)
Benchmark3.18%9.94%3.67%1.06%9.08%9.99%
Optimist6.23%19.23%12.97%10.63%16.57%17.49%
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%

Asset Correlations Table

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

LLYUNHBHPAVGOCRMMSFTQQQVOO
LLY1.000.380.250.260.260.350.390.45
UNH0.381.000.300.310.290.370.440.54
BHP0.250.301.000.370.330.380.480.58
AVGO0.260.310.371.000.470.490.670.62
CRM0.260.290.330.471.000.570.680.61
MSFT0.350.370.380.490.571.000.790.72
QQQ0.390.440.480.670.680.791.000.89
VOO0.450.540.580.620.610.720.891.00

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 Optimist 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.


-1.00-0.500.000.502023FebruaryMarchAprilMayJune
0.59
0.10
Optimist
Benchmark (^GSPC)
Portfolio components

Dividend yield

Optimist granted a 2.18% dividend yield in the last twelve months.


TTM20222021202020192018201720162015201420132012
Optimist2.18%1.86%1.64%1.55%2.23%2.16%1.89%1.97%2.73%2.38%2.27%2.57%
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.


0.20%
0.00%2.15%
0.03%
0.00%2.15%

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 ratioSortino ratioOmega ratioCalmar ratioUlcer 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.


-20.00%-15.00%-10.00%-5.00%2023FebruaryMarchAprilMayJune
-2.24%
-12.00%
Optimist
Benchmark (^GSPC)
Portfolio components

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, 202023Mar 23, 202072Jul 6, 202095
-24.09%Dec 28, 2021200Oct 12, 2022
-17.66%Oct 4, 201856Dec 24, 201855Mar 15, 2019111
-17.38%Jul 8, 201161Oct 3, 201185Feb 3, 2012146
-14.44%Dec 7, 201546Feb 11, 201643Apr 14, 201689

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.


3.00%4.00%5.00%6.00%7.00%8.00%2023FebruaryMarchAprilMayJune
4.10%
3.68%
Optimist
Benchmark (^GSPC)
Portfolio components