app

Last updated May 27, 2023

Asset Allocation

Position	Category/Sector	Weight
ANET Arista Networks, Inc.	Technology	5.56%
FTNT Fortinet, Inc.	Technology	5.56%
CRM salesforce.com, inc.	Technology	5.56%
CDNS Cadence Design Systems, Inc.	Technology	5.56%
ANSS ANSYS, Inc.	Technology	5.56%
MPWR Monolithic Power Systems, Inc.	Technology	5.56%
TYL Tyler Technologies, Inc.	Technology	5.56%
SNPS Synopsys, Inc.	Technology	5.56%
ADI Analog Devices, Inc.	Technology	5.56%
SWKS Skyworks Solutions, Inc.	Technology	5.56%
ADBE Adobe Inc	Technology	5.56%
NOW ServiceNow, Inc.	Technology	5.56%
STX Seagate Technology plc	Technology	5.56%
ORCL Oracle Corporation	Technology	5.56%
JNPR Juniper Networks, Inc.	Technology	5.56%
AGYS Agilysys, Inc.	Technology	5.56%
MSFT Microsoft Corporation	Technology	5.56%
XLK Technology Select Sector SPDR Fund	Technology Equities	5.56%

Benchmark

Rebalance portfolio

Performance

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

app

Benchmark (^GSPC)

Portfolio components

Returns

As of May 27, 2023, the app returned 28.76% Year-To-Date and 24.29% 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%	6.26%	1.14%	9.26%	8.96%
app	6.73%	28.76%	28.78%	22.52%	23.69%	24.29%
Portfolio components:
ANET Arista Networks, Inc.	6.36%	40.38%	27.40%	60.90%	22.13%	32.41%
FTNT Fortinet, Inc.	7.49%	38.62%	31.36%	13.76%	40.98%	34.98%
CRM salesforce.com, inc.	8.61%	62.49%	42.04%	30.49%	10.78%	17.23%
CDNS Cadence Design Systems, Inc.	9.01%	42.14%	39.63%	46.14%	40.15%	33.56%
ANSS ANSYS, Inc.	1.75%	32.21%	32.73%	20.70%	14.48%	17.40%
MPWR Monolithic Power Systems, Inc.	12.76%	47.62%	47.38%	15.21%	32.86%	34.40%
TYL Tyler Technologies, Inc.	3.84%	22.08%	21.43%	8.59%	11.23%	19.03%
SNPS Synopsys, Inc.	19.77%	39.29%	37.41%	37.70%	38.39%	31.15%
ADI Analog Devices, Inc.	-1.86%	8.12%	8.70%	6.83%	14.91%	16.91%
SWKS Skyworks Solutions, Inc.	-0.80%	15.92%	17.02%	-1.60%	3.01%	11.07%
ADBE Adobe Inc	10.02%	23.43%	27.12%	-3.00%	10.79%	22.59%
NOW ServiceNow, Inc.	16.99%	38.42%	35.43%	12.84%	24.88%	28.54%
STX Seagate Technology plc	5.99%	19.75%	24.15%	-26.00%	6.83%	6.48%
ORCL Oracle Corporation	9.88%	28.36%	29.77%	45.54%	19.40%	12.23%
JNPR Juniper Networks, Inc.	1.16%	-3.88%	-2.97%	0.46%	5.71%	4.71%
AGYS Agilysys, Inc.	-7.93%	-9.21%	11.40%	75.93%	38.41%	19.45%
MSFT Microsoft Corporation	8.58%	39.46%	39.16%	23.01%	29.02%	28.33%
XLK Technology Select Sector SPDR Fund	9.25%	32.71%	27.93%	17.66%	20.13%	19.37%
Returns over 1 year are annualized

Asset Correlations Table

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

	AGYS	STX	JNPR	ORCL	ANET	TYL	SWKS	FTNT	ADI	NOW	CRM	MPWR	MSFT	ADBE	CDNS	ANSS	SNPS	XLK
AGYS	1.00	0.27	0.28	0.28	0.28	0.34	0.32	0.32	0.34	0.32	0.32	0.36	0.31	0.34	0.35	0.36	0.37	0.39
STX	0.27	1.00	0.46	0.41	0.41	0.37	0.47	0.39	0.50	0.37	0.39	0.48	0.45	0.39	0.42	0.43	0.44	0.55
JNPR	0.28	0.46	1.00	0.44	0.48	0.36	0.46	0.44	0.48	0.36	0.39	0.47	0.44	0.39	0.43	0.44	0.45	0.55
ORCL	0.28	0.41	0.44	1.00	0.40	0.43	0.42	0.48	0.45	0.44	0.47	0.44	0.56	0.52	0.50	0.53	0.51	0.62
ANET	0.28	0.41	0.48	0.40	1.00	0.44	0.49	0.52	0.49	0.52	0.51	0.52	0.50	0.51	0.52	0.53	0.54	0.59
TYL	0.34	0.37	0.36	0.43	0.44	1.00	0.45	0.56	0.46	0.61	0.60	0.53	0.56	0.62	0.57	0.61	0.60	0.63
SWKS	0.32	0.47	0.46	0.42	0.49	0.45	1.00	0.49	0.73	0.49	0.49	0.72	0.54	0.52	0.58	0.56	0.58	0.71
FTNT	0.32	0.39	0.44	0.48	0.52	0.56	0.49	1.00	0.49	0.62	0.58	0.55	0.57	0.62	0.60	0.61	0.62	0.65
ADI	0.34	0.50	0.48	0.45	0.49	0.46	0.73	0.49	1.00	0.48	0.48	0.74	0.56	0.54	0.60	0.58	0.61	0.72
NOW	0.32	0.37	0.36	0.44	0.52	0.61	0.49	0.62	0.48	1.00	0.70	0.55	0.61	0.67	0.62	0.64	0.64	0.67
CRM	0.32	0.39	0.39	0.47	0.51	0.60	0.49	0.58	0.48	0.70	1.00	0.53	0.64	0.70	0.61	0.65	0.63	0.70
MPWR	0.36	0.48	0.47	0.44	0.52	0.53	0.72	0.55	0.74	0.55	0.53	1.00	0.56	0.58	0.65	0.63	0.65	0.72
MSFT	0.31	0.45	0.44	0.56	0.50	0.56	0.54	0.57	0.56	0.61	0.64	0.56	1.00	0.73	0.65	0.67	0.68	0.85
ADBE	0.34	0.39	0.39	0.52	0.51	0.62	0.52	0.62	0.54	0.67	0.70	0.58	0.73	1.00	0.68	0.70	0.71	0.77
CDNS	0.35	0.42	0.43	0.50	0.52	0.57	0.58	0.60	0.60	0.62	0.61	0.65	0.65	0.68	1.00	0.74	0.84	0.75
ANSS	0.36	0.43	0.44	0.53	0.53	0.61	0.56	0.61	0.58	0.64	0.65	0.63	0.67	0.70	0.74	1.00	0.76	0.76
SNPS	0.37	0.44	0.45	0.51	0.54	0.60	0.58	0.62	0.61	0.64	0.63	0.65	0.68	0.71	0.84	0.76	1.00	0.77
XLK	0.39	0.55	0.55	0.62	0.59	0.63	0.71	0.65	0.72	0.67	0.70	0.72	0.85	0.77	0.75	0.76	0.77	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 app Sharpe ratio is 1.01. A Sharpe ratio greater than 1.0 is considered acceptable.

The chart below displays rolling 12-month Sharpe Ratio.

app

Benchmark (^GSPC)

Portfolio components

Dividend yield

app granted a 1.09% dividend yield in the last twelve months.

	TTM	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
app	1.09%	0.95%	0.62%	0.86%	0.94%	1.22%	1.04%	1.22%	1.28%	0.89%	0.69%	1.33%
Portfolio components:
ANET Arista Networks, 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%
FTNT Fortinet, 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%
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%
CDNS Cadence Design Systems, 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%
ANSS ANSYS, 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%
MPWR Monolithic Power Systems, Inc.	0.77%	0.85%	0.49%	0.55%	0.92%	1.07%	0.74%	1.03%	1.34%	0.98%	0.00%	4.90%
TYL Tyler Technologies, 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%
SNPS Synopsys, 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%
ADI Analog Devices, Inc.	2.21%	1.86%	1.61%	1.75%	1.93%	2.43%	2.24%	2.62%	3.36%	3.18%	3.28%	3.61%
SWKS Skyworks Solutions, Inc.	3.43%	2.60%	1.40%	1.28%	1.43%	2.25%	1.38%	1.60%	1.14%	0.55%	0.00%	0.00%
ADBE Adobe 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%
NOW ServiceNow, 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%
STX Seagate Technology plc	5.62%	5.38%	2.53%	4.59%	4.90%	7.88%	7.65%	8.93%	9.04%	4.24%	3.37%	8.18%
ORCL Oracle Corporation	1.92%	1.58%	1.41%	1.55%	1.82%	1.81%	1.67%	1.74%	1.76%	1.22%	0.73%	1.47%
JNPR Juniper Networks, Inc.	3.48%	2.65%	2.32%	3.79%	3.40%	3.04%	1.64%	1.68%	1.74%	1.09%	0.00%	0.00%
AGYS Agilysys, 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%
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%
XLK Technology Select Sector SPDR Fund	0.97%	1.04%	0.65%	0.94%	1.19%	1.68%	1.45%	1.88%	1.96%	1.96%	1.94%	2.02%

Expense Ratio

The app has an expense ratio of 0.01% 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.

XLK

Technology Select Sector SPDR Fund

0.13%

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 ratio	Sortino ratio	Omega ratio	Calmar ratio	Ulcer Index
ANET Arista Networks, Inc.	1.60
FTNT Fortinet, Inc.	0.40
CRM salesforce.com, inc.	0.82
CDNS Cadence Design Systems, Inc.	1.65
ANSS ANSYS, Inc.	0.80
MPWR Monolithic Power Systems, Inc.	0.54
TYL Tyler Technologies, Inc.	0.41
SNPS Synopsys, Inc.	1.40
ADI Analog Devices, Inc.	0.33
SWKS Skyworks Solutions, Inc.	0.13
ADBE Adobe Inc	0.08
NOW ServiceNow, Inc.	0.39
STX Seagate Technology plc	-0.50
ORCL Oracle Corporation	1.86
JNPR Juniper Networks, Inc.	0.16
AGYS Agilysys, Inc.	1.98
MSFT Microsoft Corporation	0.85
XLK Technology Select Sector SPDR Fund	0.86

Drawdowns Chart

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

app

Benchmark (^GSPC)

Portfolio components

Worst Drawdowns

The table below shows the maximum drawdowns of the app. 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 app is 34.72%, recorded on Oct 14, 2022. The portfolio has not recovered from it yet.

Depth	Start	To Bottom	Bottom	To Recover	End	Total
-34.72%	Nov 17, 2021	229	Oct 14, 2022	—	—	—
-30.86%	Feb 14, 2020	21	Mar 16, 2020	53	Jun 1, 2020	74
-22.2%	Aug 30, 2018	80	Dec 24, 2018	38	Feb 20, 2019	118
-20.67%	Dec 2, 2015	46	Feb 8, 2016	117	Jul 26, 2016	163
-12.49%	May 1, 2019	23	Jun 3, 2019	22	Jul 3, 2019	45

Volatility Chart

The current app volatility is 7.51%, 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.

app

Benchmark (^GSPC)

Portfolio components