chip
Asset Allocation
| Position | Category/Sector | Weight |
|---|---|---|
AMD Advanced Micro Devices, Inc. | Technology | 11.11% |
ASML ASML Holding N.V. | Technology | 11.11% |
AVGO Broadcom Inc. | Technology | 11.11% |
INTC Intel Corporation | Technology | 11.11% |
LSCC Lattice Semiconductor Corporation | Technology | 11.11% |
MU Micron Technology, Inc. | Technology | 11.11% |
NVDA NVIDIA Corporation | Technology | 11.11% |
QCOM QUALCOMM Incorporated | Technology | 11.11% |
TSM Taiwan Semiconductor Manufacturing Company Limited | Technology | 11.11% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in chip, 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
The earliest data available for this chart is Aug 6, 2009, corresponding to the inception date of AVGO
Returns By Period
As of Jul 25, 2024, the chip returned 23.74% Year-To-Date and 33.66% of annualized return in the last 10 years.
| Year-To-Date | 1 month | 6 months | 1 year | 5 years (annualized) | 10 years (annualized) | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | 13.20% | -1.28% | 10.32% | 18.23% | 12.31% | 10.58% |
| chip | 21.40% | -10.24% | 13.33% | 40.35% | 35.18% | 33.53% |
| Portfolio components: | ||||||
NVDA NVIDIA Corporation | 126.76% | -11.17% | 84.00% | 144.69% | 91.87% | 74.97% |
TSM Taiwan Semiconductor Manufacturing Company Limited | 55.23% | -6.85% | 37.67% | 64.13% | 32.65% | 26.00% |
AMD Advanced Micro Devices, Inc. | -6.17% | -12.20% | -21.96% | 24.50% | 32.47% | 43.42% |
ASML ASML Holding N.V. | 14.40% | -15.15% | -0.21% | 22.87% | 31.43% | 27.61% |
AVGO Broadcom Inc. | 34.71% | -6.24% | 24.80% | 69.98% | 42.20% | 40.18% |
QCOM QUALCOMM Incorporated | 22.38% | -11.12% | 17.44% | 42.54% | 21.29% | 12.07% |
INTC Intel Corporation | -37.68% | 1.83% | -28.25% | -8.73% | -7.24% | 1.79% |
MU Micron Technology, Inc. | 26.14% | -24.46% | 22.26% | 51.92% | 18.23% | 13.08% |
LSCC Lattice Semiconductor Corporation | -21.47% | -4.16% | -13.35% | -39.29% | 26.64% | 22.84% |
Monthly Returns
The table below presents the monthly returns of chip, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 4.98% | 13.22% | 6.79% | -8.58% | 11.34% | 4.47% | 21.40% | ||||||
| 2023 | 18.34% | 0.58% | 13.60% | -5.63% | 15.35% | 4.34% | 4.15% | -2.41% | -6.51% | -4.92% | 15.49% | 13.23% | 81.42% |
| 2022 | -12.38% | 0.64% | -1.92% | -16.22% | 5.58% | -16.49% | 14.63% | -10.62% | -15.67% | 4.06% | 22.56% | -10.76% | -37.18% |
| 2021 | 2.51% | 5.78% | -1.22% | 2.56% | 1.83% | 7.14% | 1.49% | 4.05% | -5.22% | 6.80% | 15.21% | 1.69% | 50.08% |
| 2020 | -1.48% | -2.99% | -7.14% | 14.45% | 6.62% | 7.99% | 10.75% | 7.38% | -0.33% | -0.09% | 17.81% | 7.48% | 75.37% |
| 2019 | 9.04% | 10.32% | 5.68% | 10.03% | -14.48% | 13.03% | 7.93% | 0.37% | 0.91% | 9.83% | 4.71% | 8.03% | 83.62% |
| 2018 | 13.08% | -2.44% | -3.46% | -4.09% | 12.06% | -0.68% | 7.42% | 7.99% | 3.52% | -16.83% | -0.63% | -3.87% | 8.46% |
| 2017 | 1.50% | 4.20% | 5.37% | -2.49% | 6.48% | -1.05% | 5.12% | 0.14% | 4.05% | 8.02% | 1.65% | -2.44% | 34.34% |
| 2016 | -11.88% | 4.90% | 8.60% | -0.19% | 13.40% | 3.31% | 12.23% | 5.77% | 4.22% | -1.31% | 8.67% | 9.09% | 69.90% |
| 2015 | -5.04% | 10.02% | -6.02% | -0.80% | 4.84% | -9.78% | -6.01% | -5.31% | -0.69% | 11.14% | 6.23% | 3.54% | -0.45% |
| 2014 | -1.87% | 10.14% | 4.24% | 1.54% | 3.18% | 5.57% | -4.64% | 7.39% | -1.57% | -1.48% | 4.39% | -0.14% | 29.01% |
| 2013 | 9.02% | 1.31% | 5.25% | 1.10% | 12.50% | 1.63% | -0.21% | -1.98% | 8.50% | 2.38% | 4.14% | 4.06% | 58.23% |
Expense Ratio
chip 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.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of chip is 55, 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.
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.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|
NVDA NVIDIA Corporation | 3.13 | 3.59 | 1.45 | 7.37 | 20.15 |
TSM Taiwan Semiconductor Manufacturing Company Limited | 1.86 | 2.59 | 1.32 | 1.65 | 9.23 |
AMD Advanced Micro Devices, Inc. | 0.47 | 0.98 | 1.12 | 0.53 | 1.47 |
ASML ASML Holding N.V. | 0.73 | 1.17 | 1.15 | 0.77 | 2.74 |
AVGO Broadcom Inc. | 1.66 | 2.38 | 1.29 | 3.61 | 10.14 |
QCOM QUALCOMM Incorporated | 1.30 | 1.76 | 1.24 | 1.03 | 4.68 |
INTC Intel Corporation | -0.20 | -0.02 | 1.00 | -0.14 | -0.35 |
MU Micron Technology, Inc. | 1.61 | 2.33 | 1.28 | 1.89 | 8.71 |
LSCC Lattice Semiconductor Corporation | -0.81 | -0.98 | 0.88 | -0.89 | -1.40 |
Dividends
Dividend yield
chip granted a 0.81% dividend yield in the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| chip | 0.81% | 0.95% | 1.77% | 0.97% | 1.07% | 1.49% | 1.83% | 1.31% | 1.38% | 1.47% | 1.26% | 1.55% |
| Portfolio components: | ||||||||||||
NVDA NVIDIA Corporation | 0.02% | 0.03% | 0.11% | 0.05% | 0.12% | 0.27% | 0.46% | 0.30% | 0.46% | 1.19% | 1.68% | 1.95% |
TSM Taiwan Semiconductor Manufacturing Company Limited | 1.28% | 1.78% | 2.48% | 1.56% | 1.58% | 3.49% | 3.55% | 2.32% | 2.61% | 2.54% | 1.79% | 2.30% |
AMD Advanced Micro Devices, 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% |
ASML ASML Holding N.V. | 0.76% | 0.85% | 1.27% | 0.50% | 0.59% | 1.20% | 1.10% | 0.75% | 1.02% | 0.91% | 0.78% | 0.75% |
AVGO Broadcom Inc. | 1.36% | 1.71% | 3.02% | 2.24% | 3.05% | 3.54% | 4.48% | 2.57% | 2.33% | 2.09% | 2.42% | 3.74% |
QCOM QUALCOMM Incorporated | 1.85% | 2.18% | 2.67% | 1.47% | 1.69% | 2.81% | 4.27% | 3.50% | 3.17% | 3.72% | 2.17% | 1.75% |
INTC Intel Corporation | 1.61% | 1.47% | 5.52% | 2.70% | 2.65% | 2.11% | 2.56% | 2.33% | 2.87% | 2.79% | 2.48% | 3.47% |
MU Micron Technology, Inc. | 0.43% | 0.54% | 0.89% | 0.21% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
LSCC Lattice Semiconductor 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% |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the chip. 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 chip was 48.92%, occurring on Oct 14, 2022. Recovery took 276 trading sessions.
The current chip drawdown is 15.46%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -48.92% | Dec 28, 2021 | 202 | Oct 14, 2022 | 276 | Nov 20, 2023 | 478 |
| -34.28% | Feb 20, 2020 | 20 | Mar 18, 2020 | 53 | Jun 3, 2020 | 73 |
| -30.99% | Feb 18, 2011 | 157 | Oct 3, 2011 | 120 | Mar 26, 2012 | 277 |
| -29.33% | Mar 3, 2015 | 123 | Aug 25, 2015 | 188 | May 24, 2016 | 311 |
| -26.9% | Apr 3, 2012 | 143 | Oct 24, 2012 | 132 | May 8, 2013 | 275 |
Volatility
Volatility Chart
The current chip volatility is 12.32%, 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.
Diversification
Asset Correlations Table
| AMD | LSCC | INTC | TSM | AVGO | MU | QCOM | ASML | NVDA | |
|---|---|---|---|---|---|---|---|---|---|
| AMD | 1.00 | 0.48 | 0.48 | 0.48 | 0.47 | 0.51 | 0.48 | 0.50 | 0.61 |
| LSCC | 0.48 | 1.00 | 0.48 | 0.49 | 0.51 | 0.50 | 0.52 | 0.54 | 0.52 |
| INTC | 0.48 | 0.48 | 1.00 | 0.52 | 0.53 | 0.55 | 0.56 | 0.56 | 0.54 |
| TSM | 0.48 | 0.49 | 0.52 | 1.00 | 0.53 | 0.53 | 0.55 | 0.59 | 0.55 |
| AVGO | 0.47 | 0.51 | 0.53 | 0.53 | 1.00 | 0.53 | 0.57 | 0.57 | 0.55 |
| MU | 0.51 | 0.50 | 0.55 | 0.53 | 0.53 | 1.00 | 0.53 | 0.54 | 0.57 |
| QCOM | 0.48 | 0.52 | 0.56 | 0.55 | 0.57 | 0.53 | 1.00 | 0.56 | 0.55 |
| ASML | 0.50 | 0.54 | 0.56 | 0.59 | 0.57 | 0.54 | 0.56 | 1.00 | 0.58 |
| NVDA | 0.61 | 0.52 | 0.54 | 0.55 | 0.55 | 0.57 | 0.55 | 0.58 | 1.00 |