chip

Last updated Jun 2, 2023

Asset Allocation

Position	Category/Sector	Weight
NVDA NVIDIA Corporation	Technology	11.11%
TSM Taiwan Semiconductor Manufacturing Company Limited	Technology	11.11%
AMD Advanced Micro Devices, Inc.	Technology	11.11%
ASML ASML Holding N.V.	Technology	11.11%
AVGO Broadcom Inc.	Technology	11.11%
QCOM QUALCOMM Incorporated	Technology	11.11%
INTC Intel Corporation	Technology	11.11%
MU Micron Technology, Inc.		11.11%
LSCC Lattice Semiconductor Corporation	Technology	11.11%

Benchmark

Rebalance portfolio

Performance

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

chip

Benchmark (^GSPC)

Portfolio components

Returns

As of Jun 2, 2023, the chip returned 49.01% Year-To-Date and 32.74% 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%
chip	19.44%	49.01%	35.59%	19.38%	33.08%	32.73%
Portfolio components:
NVDA NVIDIA Corporation	43.05%	172.18%	135.70%	103.18%	44.27%	61.22%
TSM Taiwan Semiconductor Manufacturing Company Limited	19.52%	33.23%	22.31%	4.35%	23.23%	20.84%
AMD Advanced Micro Devices, Inc.	46.37%	84.45%	59.34%	10.02%	52.78%	40.49%
ASML ASML Holding N.V.	14.50%	33.69%	20.60%	26.41%	30.43%	25.86%
AVGO Broadcom Inc.	28.82%	42.30%	48.35%	41.42%	29.76%	39.25%
QCOM QUALCOMM Incorporated	3.37%	6.74%	-6.62%	-18.77%	17.74%	9.29%
INTC Intel Corporation	1.98%	19.71%	7.58%	-27.77%	-8.88%	5.14%
MU Micron Technology, Inc.	13.43%	38.51%	26.90%	-7.56%	3.56%	19.60%
LSCC Lattice Semiconductor Corporation	1.14%	28.07%	16.73%	52.99%	69.98%	31.99%
Returns over 1 year are annualized

Asset Correlations Table

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

	AMD	LSCC	TSM	AVGO	MU	INTC	QCOM	ASML	NVDA
AMD	1.00	0.47	0.47	0.46	0.52	0.48	0.48	0.50	0.61
LSCC	0.47	1.00	0.48	0.51	0.50	0.48	0.50	0.53	0.52
TSM	0.47	0.48	1.00	0.51	0.53	0.53	0.54	0.58	0.54
AVGO	0.46	0.51	0.51	1.00	0.53	0.54	0.57	0.57	0.54
MU	0.52	0.50	0.53	0.53	1.00	0.56	0.53	0.54	0.57
INTC	0.48	0.48	0.53	0.54	0.56	1.00	0.56	0.57	0.56
QCOM	0.48	0.50	0.54	0.57	0.53	0.56	1.00	0.55	0.56
ASML	0.50	0.53	0.58	0.57	0.54	0.57	0.55	1.00	0.58
NVDA	0.61	0.52	0.54	0.54	0.57	0.56	0.56	0.58	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 chip Sharpe ratio is 0.57. A Sharpe ratio between 0 and 1.0 is considered sub-optimal.

The chart below displays rolling 12-month Sharpe Ratio.

chip

Benchmark (^GSPC)

Portfolio components

Dividend yield

chip granted a 1.89% dividend yield in the last twelve months.

	TTM	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
chip	1.89%	1.72%	0.97%	1.10%	1.53%	1.76%	1.41%	1.51%	1.63%	1.37%	1.65%	3.94%
Portfolio components:
NVDA NVIDIA Corporation	0.05%	0.11%	0.05%	0.12%	0.27%	0.46%	0.30%	0.46%	1.23%	1.77%	2.06%	0.66%
TSM Taiwan Semiconductor Manufacturing Company Limited	1.81%	1.94%	1.26%	1.28%	2.91%	3.07%	2.61%	3.02%	3.02%	2.18%	2.85%	2.94%
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.	1.35%	1.18%	0.50%	0.56%	1.22%	0.97%	0.67%	0.97%	0.78%	0.72%	0.68%	21.42%
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%
QCOM QUALCOMM Incorporated	3.87%	2.70%	1.52%	1.78%	3.04%	4.79%	4.08%	3.85%	4.67%	2.80%	2.31%	2.10%
INTC Intel Corporation	6.26%	5.61%	2.85%	2.87%	2.34%	2.91%	2.72%	3.44%	3.46%	3.17%	4.57%	5.78%
MU Micron Technology, Inc.	0.96%	0.89%	0.22%	0.00%	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%

Expense Ratio

The 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.

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
NVDA NVIDIA Corporation	1.87
TSM Taiwan Semiconductor Manufacturing Company Limited	0.14
AMD Advanced Micro Devices, Inc.	0.31
ASML ASML Holding N.V.	0.60
AVGO Broadcom Inc.	1.20
QCOM QUALCOMM Incorporated	-0.42
INTC Intel Corporation	-0.69
MU Micron Technology, Inc.	-0.13
LSCC Lattice Semiconductor Corporation	1.16

Drawdowns Chart

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

chip

Benchmark (^GSPC)

Portfolio components

Worst Drawdowns

The table below shows the maximum drawdowns of the chip. 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 chip is 48.95%, recorded on Oct 14, 2022. The portfolio has not recovered from it yet.

Depth	Start	To Bottom	Bottom	To Recover	End	Total
-48.95%	Dec 28, 2021	202	Oct 14, 2022	—	—	—
-34.28%	Feb 20, 2020	20	Mar 18, 2020	53	Jun 3, 2020	73
-30.98%	Feb 18, 2011	157	Oct 3, 2011	120	Mar 26, 2012	277
-29.36%	Mar 3, 2015	123	Aug 25, 2015	188	May 24, 2016	311
-26.89%	Apr 3, 2012	143	Oct 24, 2012	133	May 9, 2013	276

Volatility Chart

The current chip volatility is 11.02%, 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.

chip

Benchmark (^GSPC)

Portfolio components