Performance

Risk-Adjusted Performance

Dividends

Drawdowns

Volatility

Diversification

a

Last updated Sep 7, 2024

Asset Allocation

Position	Category/Sector	Weight
0700.HK Tencent Holdings Ltd	Communication Services	16%
FTAI Fortress Transportation and Infrastructure Investors LLC	Industrials	3%
HWM Howmet Aerospace Inc.	Industrials	5%
IRM Iron Mountain Incorporated	Real Estate	3%
LLY Eli Lilly and Company	Healthcare	13%
NVDA NVIDIA Corporation	Technology	32%
PGR The Progressive Corporation	Financial Services	5%
TMDX TransMedics Group, Inc.	Healthcare	7.50%
TRGP Targa Resources Corp.	Energy	5%
VIST Vista Oil & Gas, S.A.B. de C.V.	Energy	7.50%
VST Vistra Corp.	Utilities	3%

Benchmark

S&P 500

Rebalance portfolio

Performance

Performance Chart

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

Benchmark (^GSPC)

Portfolio components

The earliest data available for this chart is Jul 26, 2019, corresponding to the inception date of VIST

Returns By Period

	Year-To-Date	1 month	6 months	1 year	5 years (annualized)	10 years (annualized)
^GSPC S&P 500	13.39%	4.02%	5.56%	21.51%	12.69%	10.55%
a	81.38%	1.23%	33.37%	97.71%	61.37%	N/A
Portfolio components:
NVDA NVIDIA Corporation	107.67%	-2.04%	17.49%	125.69%	84.34%	71.69%
0700.HK Tencent Holdings Ltd	28.48%	1.41%	39.93%	17.75%	2.52%	12.30%
LLY Eli Lilly and Company	55.61%	6.94%	18.81%	54.96%	52.61%	32.86%
PGR The Progressive Corporation	57.07%	13.89%	25.46%	84.41%	28.66%	29.11%
HWM Howmet Aerospace Inc.	69.35%	-0.48%	35.19%	92.55%	34.67%	N/A
IRM Iron Mountain Incorporated	58.90%	1.97%	36.66%	80.99%	33.35%	20.12%
VIST Vista Oil & Gas, S.A.B. de C.V.	62.72%	7.89%	31.24%	93.24%	52.92%	N/A
VST Vistra Corp.	92.49%	-6.80%	22.58%	120.28%	26.32%	N/A
FTAI Fortress Transportation and Infrastructure Investors LLC	145.46%	7.74%	98.78%	215.43%	61.16%	N/A
TMDX TransMedics Group, Inc.	77.22%	-13.57%	67.02%	138.83%	41.16%	N/A
TRGP Targa Resources Corp.	71.97%	7.34%	43.05%	76.12%	32.94%	5.66%

Monthly Returns

The table below presents the monthly returns of a, 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	10.67%	16.77%	10.28%	3.64%	17.68%	6.83%	-2.06%	8.91%					81.38%
2023	14.37%	7.78%	11.49%	1.38%	9.75%	10.86%	6.43%	2.36%	-5.43%	-5.11%	16.54%	1.02%	95.14%
2022	-5.91%	3.58%	9.69%	-13.10%	4.91%	-7.93%	10.55%	-2.84%	-12.93%	8.90%	17.82%	-2.31%	5.18%
2021	6.56%	7.80%	0.04%	2.95%	7.54%	13.33%	-3.62%	6.75%	-4.31%	11.49%	5.05%	-0.49%	65.42%
2020	-0.35%	0.43%	-12.75%	20.83%	7.18%	10.97%	5.66%	8.37%	-4.16%	-3.08%	12.08%	6.95%	60.00%
2019							-1.33%	-6.25%	3.50%	2.53%	6.19%	9.95%	14.62%

Expense Ratio

a 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

Risk-Adjusted Performance Rank

The current risk-adjusted rank of a is 98, placing it in the top 2% of portfolios on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.

Sharpe Ratio Rank

Sortino Ratio Rank

Omega Ratio Rank

Calmar Ratio Rank

Martin Ratio Rank

The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.

^GSPC

Portfolio components

	Sharpe ratio	Sortino ratio	Omega ratio	Calmar ratio	Martin ratio
NVDA NVIDIA Corporation	2.64	3.06	1.39	4.97	16.55
0700.HK Tencent Holdings Ltd	0.62	1.06	1.13	0.29	2.23
LLY Eli Lilly and Company	1.92	2.68	1.36	3.08	11.43
PGR The Progressive Corporation	3.84	5.18	1.70	11.34	33.76
HWM Howmet Aerospace Inc.	3.05	4.49	1.63	6.16	24.63
IRM Iron Mountain Incorporated	3.28	4.14	1.54	7.62	21.41
VIST Vista Oil & Gas, S.A.B. de C.V.	1.81	2.59	1.31	3.49	10.31
VST Vistra Corp.	2.77	3.05	1.43	3.67	10.48
FTAI Fortress Transportation and Infrastructure Investors LLC	5.55	5.17	1.71	15.89	62.89
TMDX TransMedics Group, Inc.	1.74	3.28	1.38	2.18	12.68
TRGP Targa Resources Corp.	3.44	4.37	1.56	7.82	23.06

Sharpe Ratio

The current a Sharpe ratio is 4.10. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Compared to the broad market, where average Sharpe ratios range from 1.33 to 1.91, this portfolio's current Sharpe ratio is in the top 25%, it signifies superior risk-adjusted performance. This means that for the level of risk undertaken, the portfolio is generating impressive returns compared to most others.

Use the chart below to compare the Sharpe ratio of a with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Benchmark (^GSPC)

Portfolio components

Dividends

Dividend yield

a granted a 0.48% dividend yield in the last twelve months.

	TTM	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
a	0.48%	0.76%	0.90%	0.94%	1.17%	1.54%	1.61%	1.30%	1.95%	1.80%	1.52%	1.45%
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%
0700.HK Tencent Holdings Ltd	0.91%	1.63%	0.93%	0.32%	0.20%	0.25%	0.27%	0.14%	0.23%	0.22%	0.20%	0.19%
LLY Eli Lilly and Company	0.56%	0.78%	1.07%	1.23%	1.75%	1.96%	1.94%	2.46%	2.77%	2.37%	2.84%	3.84%
PGR The Progressive Corporation	0.46%	0.25%	0.31%	6.23%	2.68%	3.87%	1.86%	1.21%	2.50%	2.16%	5.53%	1.05%
HWM Howmet Aerospace Inc.	0.25%	0.31%	0.25%	0.13%	0.06%	0.40%	1.48%	0.91%	0.49%	0.00%	0.00%	0.00%
IRM Iron Mountain Incorporated	2.37%	3.63%	4.96%	4.73%	8.39%	7.69%	7.32%	5.93%	6.17%	7.07%	6.00%	4.39%
VIST Vista Oil & Gas, S.A.B. de C.V.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VST Vistra Corp.	1.16%	2.13%	3.12%	2.64%	2.75%	2.17%	0.00%	0.00%	14.97%	0.00%	0.00%	0.00%
FTAI Fortress Transportation and Infrastructure Investors LLC	1.07%	2.59%	6.97%	4.56%	5.63%	6.76%	9.21%	6.62%	9.93%	4.26%	0.00%	0.00%
TMDX TransMedics Group, 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%
TRGP Targa Resources Corp.	1.70%	2.13%	1.90%	0.77%	4.59%	8.92%	10.11%	7.52%	6.49%	12.53%	2.52%	2.33%

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

Benchmark (^GSPC)

Portfolio components

Worst Drawdowns

The table below displays the maximum drawdowns of the a. 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 a was 34.39%, occurring on Mar 23, 2020. Recovery took 39 trading sessions.

The current a drawdown is 10.15%.

Depth	Start	To Bottom	Bottom	To Recover	End	Total
-34.39%	Feb 20, 2020	23	Mar 23, 2020	39	May 18, 2020	62
-23.96%	Apr 5, 2022	138	Oct 14, 2022	42	Dec 13, 2022	180
-14.39%	Nov 22, 2021	49	Jan 27, 2022	38	Mar 22, 2022	87
-12.35%	Jul 15, 2024	16	Aug 5, 2024	8	Aug 15, 2024	24
-11.9%	Jul 31, 2019	12	Aug 15, 2019	57	Nov 4, 2019	69

Volatility

Volatility Chart

The current a volatility is 7.63%, 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.

Benchmark (^GSPC)

Portfolio components

Diversification

Asset Correlations Table

The table below displays the correlation coefficients between the individual components of the portfolio, the entire portfolio, and the chosen benchmark.

	0700.HK	LLY	PGR	VIST	TMDX	NVDA	VST	IRM	FTAI	TRGP	HWM
0700.HK	1.00	0.03	-0.04	0.08	0.09	0.13	0.01	0.04	0.11	0.10	0.07
LLY	0.03	1.00	0.27	0.08	0.18	0.24	0.21	0.23	0.15	0.16	0.14
PGR	-0.04	0.27	1.00	0.13	0.11	0.14	0.24	0.26	0.20	0.24	0.27
VIST	0.08	0.08	0.13	1.00	0.15	0.20	0.23	0.22	0.20	0.41	0.31
TMDX	0.09	0.18	0.11	0.15	1.00	0.33	0.20	0.26	0.27	0.22	0.32
NVDA	0.13	0.24	0.14	0.20	0.33	1.00	0.25	0.24	0.29	0.25	0.33
VST	0.01	0.21	0.24	0.23	0.20	0.25	1.00	0.35	0.32	0.38	0.39
IRM	0.04	0.23	0.26	0.22	0.26	0.24	0.35	1.00	0.35	0.36	0.40
FTAI	0.11	0.15	0.20	0.20	0.27	0.29	0.32	0.35	1.00	0.37	0.47
TRGP	0.10	0.16	0.24	0.41	0.22	0.25	0.38	0.36	0.37	1.00	0.50
HWM	0.07	0.14	0.27	0.31	0.32	0.33	0.39	0.40	0.47	0.50	1.00

The correlation results are calculated based on daily price changes starting from Jul 29, 2019