ETF <3 Tech
Asset Allocation
| Position | Category/Sector | Weight |
|---|---|---|
QQQM Invesco NASDAQ 100 ETF | Large Cap Growth Equities | 46.50% |
SCHD Schwab US Dividend Equity ETF | Large Cap Growth Equities, Dividend | 24.80% |
XLK Technology Select Sector SPDR Fund | Technology Equities | 28.70% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in ETF <3 Tech, 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 Oct 13, 2020, corresponding to the inception date of QQQM
Returns By Period
| 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% |
| ETF <3 Tech | 11.32% | -2.54% | 7.76% | 20.25% | N/A | N/A |
| Portfolio components: | ||||||
SCHD Schwab US Dividend Equity ETF | 8.60% | 4.84% | 7.35% | 12.13% | 11.96% | 11.22% |
XLK Technology Select Sector SPDR Fund | 11.34% | -5.60% | 6.22% | 22.60% | 22.16% | 19.90% |
QQQM Invesco NASDAQ 100 ETF | 12.27% | -4.63% | 8.46% | 22.61% | N/A | N/A |
Monthly Returns
The table below presents the monthly returns of ETF <3 Tech, 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 | 1.66% | 4.28% | 1.96% | -4.81% | 5.51% | 5.20% | 11.32% | ||||||
| 2023 | 8.14% | -0.83% | 7.48% | 0.00% | 5.22% | 6.02% | 3.60% | -1.54% | -5.22% | -1.90% | 10.34% | 5.35% | 41.76% |
| 2022 | -6.68% | -3.88% | 3.76% | -10.43% | 0.14% | -8.85% | 10.70% | -4.85% | -10.22% | 6.84% | 6.12% | -7.34% | -24.40% |
| 2021 | -0.30% | 2.01% | 3.46% | 4.75% | -0.05% | 4.70% | 2.58% | 3.50% | -5.25% | 7.13% | 1.73% | 3.19% | 30.49% |
| 2020 | -7.89% | 11.64% | 4.63% | 7.60% |
Expense Ratio
ETF <3 Tech has an expense ratio of 0.12%, which is considered low compared to other funds. 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 ETF <3 Tech is 50, 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 | |
|---|---|---|---|---|---|
SCHD Schwab US Dividend Equity ETF | 1.06 | 1.60 | 1.19 | 0.90 | 3.31 |
XLK Technology Select Sector SPDR Fund | 1.11 | 1.55 | 1.20 | 1.88 | 5.32 |
QQQM Invesco NASDAQ 100 ETF | 1.34 | 1.86 | 1.24 | 1.59 | 6.74 |
Dividends
Dividend yield
ETF <3 Tech granted a 1.39% dividend yield in the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ETF <3 Tech | 1.39% | 1.39% | 1.53% | 1.06% | 1.12% | 1.07% | 1.22% | 1.05% | 1.22% | 1.25% | 1.15% | 1.10% |
| Portfolio components: | ||||||||||||
SCHD Schwab US Dividend Equity ETF | 3.49% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% | 2.47% |
XLK Technology Select Sector SPDR Fund | 0.71% | 0.76% | 1.04% | 0.65% | 0.92% | 1.16% | 1.60% | 1.37% | 1.74% | 1.79% | 1.75% | 1.70% |
QQQM Invesco NASDAQ 100 ETF | 0.68% | 0.65% | 0.83% | 0.40% | 0.16% | 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 ETF <3 Tech. 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 ETF <3 Tech was 29.54%, occurring on Oct 14, 2022. Recovery took 276 trading sessions.
The current ETF <3 Tech drawdown is 5.47%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -29.54% | Dec 28, 2021 | 202 | Oct 14, 2022 | 276 | Nov 20, 2023 | 478 |
| -7.89% | Oct 14, 2020 | 13 | Oct 30, 2020 | 8 | Nov 11, 2020 | 21 |
| -6.62% | Mar 22, 2024 | 20 | Apr 19, 2024 | 18 | May 15, 2024 | 38 |
| -6.55% | Feb 16, 2021 | 13 | Mar 4, 2021 | 20 | Apr 1, 2021 | 33 |
| -6.2% | Sep 7, 2021 | 20 | Oct 4, 2021 | 16 | Oct 26, 2021 | 36 |
Volatility
Volatility Chart
The current ETF <3 Tech volatility is 4.76%, 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
| SCHD | QQQM | XLK | |
|---|---|---|---|
| SCHD | 1.00 | 0.56 | 0.57 |
| QQQM | 0.56 | 1.00 | 0.97 |
| XLK | 0.57 | 0.97 | 1.00 |