USincome+FgnDiversified
65% ETV (in practice JEPI) 25% QQQ 10% INDY (India Top 50)
Asset Allocation
| Position | Category/Sector | Weight |
|---|---|---|
ETV Eaton Vance Tax-Managed Buy-Write Opportunities Fund | Financial Services | 65% |
INDY iShares India 50 ETF | Asia Pacific Equities | 10% |
QQQ Invesco QQQ | Large Cap Blend Equities | 25% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in USincome+FgnDiversified, 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 Nov 20, 2009, corresponding to the inception date of INDY
Returns By Period
As of Nov 9, 2024, the USincome+FgnDiversified returned 22.38% Year-To-Date and 11.09% 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% |
| USincome+FgnDiversified | 22.48% | 2.11% | 13.12% | 28.74% | 11.73% | 11.03% |
| Portfolio components: | ||||||
ETV Eaton Vance Tax-Managed Buy-Write Opportunities Fund | 23.46% | 2.16% | 12.91% | 27.22% | 7.98% | 8.59% |
QQQ Invesco QQQ | 26.02% | 4.15% | 16.32% | 36.73% | 21.44% | 18.42% |
INDY iShares India 50 ETF | 7.31% | -3.61% | 6.04% | 17.88% | 9.79% | 6.79% |
Monthly Returns
The table below presents the monthly returns of USincome+FgnDiversified, 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 | 1.51% | 4.74% | 0.73% | -1.86% | 4.03% | 5.79% | -0.34% | 1.21% | 2.19% | -0.42% | 22.48% | ||
| 2023 | 7.31% | -0.32% | 1.14% | -0.44% | 1.89% | 5.60% | 4.08% | -2.74% | -4.60% | -4.01% | 10.68% | 1.77% | 21.01% |
| 2022 | -6.31% | -1.70% | 2.61% | -7.75% | -1.20% | -5.85% | 12.00% | -2.09% | -9.84% | 7.46% | -1.62% | -7.79% | -21.84% |
| 2021 | -1.73% | 1.65% | 3.18% | 3.44% | 1.56% | 2.76% | 1.94% | 2.70% | -3.08% | 4.75% | -0.94% | 3.19% | 20.88% |
| 2020 | 1.00% | -7.89% | -10.82% | 13.07% | 3.96% | 4.29% | 2.97% | 6.86% | -5.03% | -2.53% | 10.69% | 5.91% | 21.44% |
| 2019 | 9.68% | 1.29% | 2.60% | 3.58% | -7.22% | 6.88% | 2.42% | -4.35% | 1.73% | 2.97% | 1.29% | 2.19% | 24.36% |
| 2018 | 3.03% | -0.65% | -2.70% | 1.32% | 3.32% | 1.03% | 3.16% | 3.47% | -0.69% | -8.19% | 2.23% | -7.46% | -3.01% |
| 2017 | 4.27% | 1.82% | 1.65% | 2.84% | 1.13% | -0.89% | 2.89% | 0.23% | 0.21% | 1.39% | 1.20% | 1.75% | 20.01% |
| 2016 | -5.99% | -1.04% | 5.66% | 0.71% | 1.51% | -0.15% | 2.83% | 1.93% | 1.18% | -2.13% | 1.48% | 0.26% | 5.97% |
| 2015 | 1.39% | 5.08% | 0.39% | 0.00% | 3.29% | -2.51% | 4.04% | -6.91% | -0.07% | 6.71% | 2.27% | -0.18% | 13.56% |
| 2014 | -1.62% | 4.06% | 1.06% | 2.22% | 4.50% | 0.38% | 0.58% | 5.00% | -2.10% | 2.42% | 2.61% | -5.49% | 13.93% |
| 2013 | 3.81% | -0.21% | 2.31% | 2.30% | 1.49% | -2.00% | 3.29% | -2.35% | 3.01% | 4.32% | 2.39% | 3.54% | 23.90% |
Expense Ratio
USincome+FgnDiversified has an expense ratio of 0.14%, 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 USincome+FgnDiversified is 40, 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 |
QQQ Invesco QQQ | 2.28 | 2.98 | 1.41 | 2.94 | 10.71 |
INDY iShares India 50 ETF | 1.40 | 1.88 | 1.27 | 2.30 | 7.50 |
Dividends
Dividend yield
USincome+FgnDiversified provided a 5.55% dividend yield over the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 5.55% | 6.20% | 7.46% | 5.99% | 5.79% | 6.04% | 6.71% | 5.87% | 6.15% | 5.96% | 6.56% | 6.51% |
| 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% |
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% |
INDY iShares India 50 ETF | 0.30% | 0.39% | 3.75% | 7.12% | 0.08% | 0.58% | 0.59% | 0.27% | 0.48% | 0.57% | 0.52% | 0.77% |
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 USincome+FgnDiversified. 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 USincome+FgnDiversified was 38.33%, occurring on Mar 23, 2020. Recovery took 82 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -38.33% | Feb 20, 2020 | 23 | Mar 23, 2020 | 82 | Jul 20, 2020 | 105 |
| -24.44% | Jan 4, 2022 | 248 | Dec 28, 2022 | 294 | Mar 1, 2024 | 542 |
| -20.05% | Aug 30, 2018 | 80 | Dec 24, 2018 | 76 | Apr 15, 2019 | 156 |
| -17.84% | Jul 8, 2011 | 22 | Aug 8, 2011 | 117 | Jan 25, 2012 | 139 |
| -13.2% | Jul 22, 2015 | 24 | Aug 24, 2015 | 50 | Nov 3, 2015 | 74 |
Volatility
Volatility Chart
The current USincome+FgnDiversified volatility is 2.98%, 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
| INDY | ETV | QQQ | |
|---|---|---|---|
| INDY | 1.00 | 0.44 | 0.52 |
| ETV | 0.44 | 1.00 | 0.65 |
| QQQ | 0.52 | 0.65 | 1.00 |