…LOW.beta.TEST#4
ETV 60% (in practice JEPI) VIG 20% QQQ 20%
Asset Allocation
| Position | Category/Sector | Weight |
|---|---|---|
ETV Eaton Vance Tax-Managed Buy-Write Opportunities Fund | Financial Services | 60% |
QQQ Invesco QQQ | Large Cap Blend Equities | 20% |
VIG Vanguard Dividend Appreciation ETF | Large Cap Growth Equities, Dividend | 20% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in …LOW.beta.TEST#4, 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 Apr 27, 2006, corresponding to the inception date of VIG
Returns By Period
As of Nov 9, 2024, the …LOW.beta.TEST#4 returned 23.40% Year-To-Date and 11.39% of annualized return in the last 10 years.
| Year-To-Date | 1 month | 6 months | 1 year | 5 years (annualized) | 10 years (annualized) | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | 25.82% | 3.20% | 14.94% | 35.92% | 14.22% | 11.43% |
| …LOW.beta.TEST#4 | 23.49% | 2.46% | 13.71% | 29.79% | 11.83% | 11.34% |
| Portfolio components: | ||||||
ETV Eaton Vance Tax-Managed Buy-Write Opportunities Fund | 23.46% | 2.16% | 12.91% | 27.22% | 7.98% | 8.59% |
VIG Vanguard Dividend Appreciation ETF | 20.77% | 1.66% | 13.25% | 30.09% | 13.08% | 11.99% |
QQQ Invesco QQQ | 26.02% | 4.15% | 16.32% | 36.73% | 21.44% | 18.42% |
Monthly Returns
The table below presents the monthly returns of …LOW.beta.TEST#4, 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 | 1.56% | 4.77% | 1.11% | -2.44% | 4.11% | 4.96% | 0.32% | 1.70% | 2.04% | -0.26% | 23.49% | ||
| 2023 | 7.01% | -0.53% | 1.07% | -0.31% | 0.87% | 5.81% | 3.90% | -2.65% | -4.97% | -3.71% | 10.53% | 1.70% | 19.09% |
| 2022 | -6.72% | -1.49% | 2.71% | -7.48% | -0.70% | -5.95% | 11.34% | -2.46% | -9.98% | 8.41% | -0.85% | -7.07% | -20.36% |
| 2021 | -2.03% | 1.37% | 3.87% | 4.08% | 1.15% | 2.35% | 2.32% | 1.84% | -3.75% | 5.51% | -0.84% | 4.00% | 21.30% |
| 2020 | 1.20% | -8.17% | -9.28% | 12.52% | 4.10% | 3.15% | 2.81% | 6.77% | -4.64% | -2.77% | 10.51% | 4.97% | 20.25% |
| 2019 | 10.03% | 2.05% | 1.71% | 3.81% | -7.53% | 7.62% | 3.12% | -3.48% | 1.39% | 2.39% | 1.51% | 2.13% | 26.38% |
| 2018 | 3.09% | -0.62% | -2.52% | 0.84% | 3.38% | 1.04% | 3.17% | 3.66% | 0.47% | -7.92% | 1.86% | -8.48% | -2.98% |
| 2017 | 3.49% | 2.02% | 0.83% | 2.68% | 0.94% | -0.57% | 2.10% | 0.20% | 0.99% | 1.00% | 2.06% | 1.52% | 18.62% |
| 2016 | -5.30% | 0.14% | 5.02% | 0.64% | 1.16% | 0.22% | 2.37% | 1.67% | 0.91% | -2.27% | 2.62% | 0.49% | 7.57% |
| 2015 | -0.09% | 5.36% | 0.53% | 0.50% | 2.83% | -2.62% | 3.78% | -6.37% | -0.52% | 7.17% | 2.34% | -0.29% | 12.58% |
| 2014 | -1.87% | 4.14% | 0.20% | 2.31% | 3.53% | 0.14% | -0.18% | 4.81% | -1.94% | 2.13% | 2.85% | -4.48% | 11.81% |
| 2013 | 4.22% | 0.77% | 2.64% | 1.82% | 2.08% | -1.52% | 4.24% | -1.78% | 2.51% | 3.71% | 2.76% | 3.23% | 27.40% |
Expense Ratio
…LOW.beta.TEST#4 has an expense ratio of 0.05%, 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 …LOW.beta.TEST#4 is 49, 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 | |
|---|---|---|---|---|---|
ETV Eaton Vance Tax-Managed Buy-Write Opportunities Fund | 2.49 | 3.40 | 1.46 | 1.94 | 15.60 |
VIG Vanguard Dividend Appreciation ETF | 3.18 | 4.45 | 1.60 | 6.27 | 20.94 |
QQQ Invesco QQQ | 2.28 | 2.98 | 1.41 | 2.94 | 10.71 |
Dividends
Dividend yield
…LOW.beta.TEST#4 provided a 5.41% dividend yield over the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 5.41% | 6.05% | 6.90% | 5.17% | 5.64% | 5.84% | 6.53% | 5.74% | 6.03% | 5.89% | 6.36% | 6.28% |
| Portfolio components: | ||||||||||||
ETV Eaton Vance Tax-Managed Buy-Write Opportunities Fund | 8.27% | 9.25% | 10.59% | 7.96% | 8.68% | 8.91% | 9.88% | 8.67% | 8.98% | 8.71% | 9.47% | 9.51% |
VIG Vanguard Dividend Appreciation ETF | 1.68% | 1.88% | 1.96% | 1.55% | 1.63% | 1.71% | 2.08% | 1.88% | 2.14% | 2.34% | 1.95% | 1.84% |
QQQ Invesco QQQ | 0.59% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the …LOW.beta.TEST#4. 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 …LOW.beta.TEST#4 was 47.91%, occurring on Nov 20, 2008. Recovery took 267 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -47.91% | Jun 20, 2007 | 361 | Nov 20, 2008 | 267 | Dec 14, 2009 | 628 |
| -37.05% | Feb 20, 2020 | 23 | Mar 23, 2020 | 84 | Jul 22, 2020 | 107 |
| -22.79% | Dec 28, 2021 | 253 | Dec 28, 2022 | 288 | Feb 22, 2024 | 541 |
| -20.67% | Oct 2, 2018 | 58 | Dec 24, 2018 | 76 | Apr 15, 2019 | 134 |
| -17.71% | Jul 8, 2011 | 22 | Aug 8, 2011 | 113 | Jan 19, 2012 | 135 |
Volatility
Volatility Chart
The current …LOW.beta.TEST#4 volatility is 3.05%, 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
| ETV | QQQ | VIG | |
|---|---|---|---|
| ETV | 1.00 | 0.63 | 0.64 |
| QQQ | 0.63 | 1.00 | 0.79 |
| VIG | 0.64 | 0.79 | 1.00 |