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Last updated May 27, 2023

Asset Allocation


ANET 5.56%FTNT 5.56%CRM 5.56%CDNS 5.56%ANSS 5.56%MPWR 5.56%TYL 5.56%SNPS 5.56%ADI 5.56%SWKS 5.56%ADBE 5.56%NOW 5.56%STX 5.56%ORCL 5.56%JNPR 5.56%AGYS 5.56%MSFT 5.56%XLK 5.56%EquityEquity

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


-10.00%-5.00%0.00%5.00%10.00%15.00%20.00%25.00%December2023FebruaryMarchAprilMay
22.85%
3.07%
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 monthYear-To-Date6 months1 year5 years (annualized)10 years (annualized)
Benchmark0.86%9.53%6.26%1.14%9.26%8.96%
app6.73%28.76%28.78%22.52%23.69%24.29%
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%

Asset Correlations Table

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

AGYSSTXJNPRORCLANETTYLSWKSFTNTADINOWCRMMPWRMSFTADBECDNSANSSSNPSXLK
AGYS1.000.270.280.280.280.340.320.320.340.320.320.360.310.340.350.360.370.39
STX0.271.000.460.410.410.370.470.390.500.370.390.480.450.390.420.430.440.55
JNPR0.280.461.000.440.480.360.460.440.480.360.390.470.440.390.430.440.450.55
ORCL0.280.410.441.000.400.430.420.480.450.440.470.440.560.520.500.530.510.62
ANET0.280.410.480.401.000.440.490.520.490.520.510.520.500.510.520.530.540.59
TYL0.340.370.360.430.441.000.450.560.460.610.600.530.560.620.570.610.600.63
SWKS0.320.470.460.420.490.451.000.490.730.490.490.720.540.520.580.560.580.71
FTNT0.320.390.440.480.520.560.491.000.490.620.580.550.570.620.600.610.620.65
ADI0.340.500.480.450.490.460.730.491.000.480.480.740.560.540.600.580.610.72
NOW0.320.370.360.440.520.610.490.620.481.000.700.550.610.670.620.640.640.67
CRM0.320.390.390.470.510.600.490.580.480.701.000.530.640.700.610.650.630.70
MPWR0.360.480.470.440.520.530.720.550.740.550.531.000.560.580.650.630.650.72
MSFT0.310.450.440.560.500.560.540.570.560.610.640.561.000.730.650.670.680.85
ADBE0.340.390.390.520.510.620.520.620.540.670.700.580.731.000.680.700.710.77
CDNS0.350.420.430.500.520.570.580.600.600.620.610.650.650.681.000.740.840.75
ANSS0.360.430.440.530.530.610.560.610.580.640.650.630.670.700.741.000.760.76
SNPS0.370.440.450.510.540.600.580.620.610.640.630.650.680.710.840.761.000.77
XLK0.390.550.550.620.590.630.710.650.720.670.700.720.850.770.750.760.771.00

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.


-1.00-0.500.000.501.00December2023FebruaryMarchAprilMay
1.01
0.27
app
Benchmark (^GSPC)
Portfolio components

Dividend yield

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


TTM20222021202020192018201720162015201420132012
app1.09%0.95%0.62%0.86%0.94%1.22%1.04%1.22%1.28%0.89%0.69%1.33%
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.


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.


Drawdowns Chart

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


-25.00%-20.00%-15.00%-10.00%-5.00%December2023FebruaryMarchAprilMay
-3.79%
-12.32%
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, 2021229Oct 14, 2022
-30.86%Feb 14, 202021Mar 16, 202053Jun 1, 202074
-22.2%Aug 30, 201880Dec 24, 201838Feb 20, 2019118
-20.67%Dec 2, 201546Feb 8, 2016117Jul 26, 2016163
-12.49%May 1, 201923Jun 3, 201922Jul 3, 201945

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.


2.00%4.00%6.00%8.00%10.00%12.00%December2023FebruaryMarchAprilMay
7.51%
3.82%
app
Benchmark (^GSPC)
Portfolio components