etf
Asset Allocation
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in etf, 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 Mar 8, 2017, corresponding to the inception date of PAVE
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 | 3.74% | -0.70% | 6.72% | 1.06% | 14.85% | N/A |
| Portfolio components: | ||||||
SOXX iShares PHLX Semiconductor ETF | 17.20% | -8.50% | 12.95% | 31.59% | 29.26% | 27.55% |
VGT Vanguard Information Technology ETF | 15.09% | -3.59% | 10.66% | 25.31% | 21.09% | 20.16% |
VHT Vanguard Health Care ETF | 9.85% | 2.56% | 7.99% | 11.92% | 11.13% | 10.88% |
BOTZ Global X Robotics & Artificial Intelligence Thematic ETF | 4.74% | -3.08% | 2.23% | 3.06% | 8.55% | N/A |
QCLN First Trust NASDAQ Clean Edge Green Energy Index Fund | -14.91% | 2.64% | 2.99% | -32.05% | 10.69% | 7.00% |
PAVE Global X US Infrastructure Development ETF | 11.94% | 4.51% | 12.79% | 21.54% | 19.53% | N/A |
VPU Vanguard Utilities ETF | 13.81% | 2.97% | 18.02% | 9.03% | 6.17% | 8.51% |
RHS Invesco S&P 500® Equal Weight Consumer Staples ETF | -0.27% | -0.04% | 0.75% | -6.42% | 4.83% | 7.22% |
LIT Global X Lithium & Battery Tech ETF | -24.16% | -3.81% | -11.07% | -39.62% | 9.07% | 4.77% |
Monthly Returns
The table below presents the monthly returns of etf, 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 | -3.80% | 6.03% | 2.79% | -4.36% | 5.51% | -1.86% | 3.74% | ||||||
| 2023 | 9.68% | -2.68% | 3.47% | -2.67% | 2.52% | 6.16% | 3.04% | -5.84% | -6.48% | -6.96% | 8.84% | 7.66% | 15.74% |
| 2022 | -8.95% | -0.42% | 3.42% | -10.34% | 2.59% | -7.54% | 10.11% | -3.45% | -10.08% | 5.70% | 7.34% | -7.20% | -19.72% |
| 2021 | 2.38% | -0.89% | 2.42% | 2.71% | 0.58% | 3.52% | 2.49% | 2.94% | -4.78% | 8.16% | 0.43% | 1.51% | 23.13% |
| 2020 | 0.93% | -5.99% | -13.30% | 13.09% | 7.65% | 4.57% | 7.88% | 8.01% | -0.25% | 1.30% | 15.27% | 6.82% | 51.83% |
| 2019 | 7.90% | 5.10% | 0.95% | 3.67% | -8.78% | 8.73% | 0.84% | -2.52% | 3.18% | 2.60% | 3.56% | 4.91% | 33.07% |
| 2018 | 3.95% | -4.35% | -1.54% | -1.64% | 3.13% | -0.82% | 2.84% | 2.73% | -0.24% | -7.27% | 2.73% | -9.39% | -10.41% |
| 2017 | 2.56% | 1.18% | 3.11% | -0.42% | 3.41% | 2.16% | 3.62% | 4.35% | 2.23% | -0.08% | 24.32% |
Expense Ratio
etf features an expense ratio of 0.41%, falling within the medium range. 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 is 3, indicating that it is in the bottom 3% of portfolios on our website in terms of risk-adjusted performance. This ranking is based on the combined 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 | |
|---|---|---|---|---|---|
SOXX iShares PHLX Semiconductor ETF | 1.11 | 1.60 | 1.20 | 1.86 | 4.56 |
VGT Vanguard Information Technology ETF | 1.24 | 1.72 | 1.22 | 1.79 | 5.44 |
VHT Vanguard Health Care ETF | 1.03 | 1.49 | 1.18 | 0.76 | 3.12 |
BOTZ Global X Robotics & Artificial Intelligence Thematic ETF | 0.14 | 0.33 | 1.04 | 0.06 | 0.29 |
QCLN First Trust NASDAQ Clean Edge Green Energy Index Fund | -0.94 | -1.38 | 0.86 | -0.51 | -1.06 |
PAVE Global X US Infrastructure Development ETF | 1.21 | 1.72 | 1.20 | 1.54 | 4.36 |
VPU Vanguard Utilities ETF | 0.42 | 0.69 | 1.09 | 0.28 | 0.95 |
RHS Invesco S&P 500® Equal Weight Consumer Staples ETF | -0.59 | -0.77 | 0.92 | -0.38 | -0.85 |
LIT Global X Lithium & Battery Tech ETF | -1.46 | -2.30 | 0.76 | -0.69 | -1.39 |
Dividends
Dividend yield
etf granted a 1.32% dividend yield in the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| etf | 1.32% | 1.31% | 1.24% | 0.90% | 1.05% | 1.49% | 1.72% | 1.37% | 1.36% | 1.13% | 1.15% | 1.04% |
| Portfolio components: | ||||||||||||
SOXX iShares PHLX Semiconductor ETF | 0.65% | 0.78% | 1.25% | 0.64% | 0.81% | 1.23% | 1.37% | 0.90% | 1.08% | 1.29% | 1.56% | 1.18% |
VGT Vanguard Information Technology ETF | 0.67% | 0.65% | 0.91% | 0.64% | 0.82% | 1.11% | 1.29% | 0.99% | 1.31% | 1.28% | 1.12% | 1.05% |
VHT Vanguard Health Care ETF | 1.30% | 1.36% | 1.33% | 1.14% | 1.21% | 1.89% | 1.38% | 1.31% | 1.45% | 1.22% | 1.02% | 1.12% |
BOTZ Global X Robotics & Artificial Intelligence Thematic ETF | 0.16% | 0.20% | 0.23% | 0.16% | 0.19% | 0.83% | 1.44% | 0.01% | 0.06% | 0.00% | 0.00% | 0.00% |
QCLN First Trust NASDAQ Clean Edge Green Energy Index Fund | 0.80% | 0.76% | 0.33% | 0.01% | 0.30% | 0.85% | 1.03% | 0.45% | 1.24% | 0.72% | 0.79% | 0.41% |
PAVE Global X US Infrastructure Development ETF | 0.61% | 0.68% | 0.84% | 0.48% | 0.44% | 0.67% | 0.78% | 0.30% | 0.00% | 0.00% | 0.00% | 0.00% |
VPU Vanguard Utilities ETF | 3.17% | 3.49% | 2.98% | 2.70% | 3.17% | 2.83% | 3.23% | 3.18% | 3.19% | 3.63% | 3.02% | 3.76% |
RHS Invesco S&P 500® Equal Weight Consumer Staples ETF | 2.97% | 2.78% | 2.31% | 2.07% | 2.14% | 2.12% | 2.43% | 1.90% | 1.76% | 1.78% | 1.74% | 1.54% |
LIT Global X Lithium & Battery Tech ETF | 1.58% | 1.11% | 0.99% | 0.22% | 0.40% | 1.85% | 2.52% | 3.26% | 2.15% | 0.24% | 1.07% | 0.32% |
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. 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 was 35.68%, occurring on Mar 23, 2020. Recovery took 74 trading sessions.
The current etf drawdown is 5.33%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -35.68% | Feb 21, 2020 | 22 | Mar 23, 2020 | 74 | Jul 8, 2020 | 96 |
| -27.42% | Nov 9, 2021 | 235 | Oct 14, 2022 | — | — | — |
| -20.2% | Jan 29, 2018 | 229 | Dec 24, 2018 | 77 | Apr 16, 2019 | 306 |
| -11% | Feb 16, 2021 | 15 | Mar 8, 2021 | 67 | Jun 11, 2021 | 82 |
| -9.52% | May 6, 2019 | 19 | May 31, 2019 | 36 | Jul 23, 2019 | 55 |
Volatility
Volatility Chart
The current etf volatility is 4.99%, 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
| VPU | RHS | LIT | VHT | QCLN | SOXX | PAVE | BOTZ | VGT | |
|---|---|---|---|---|---|---|---|---|---|
| VPU | 1.00 | 0.60 | 0.19 | 0.44 | 0.23 | 0.17 | 0.34 | 0.24 | 0.26 |
| RHS | 0.60 | 1.00 | 0.29 | 0.54 | 0.28 | 0.28 | 0.48 | 0.34 | 0.36 |
| LIT | 0.19 | 0.29 | 1.00 | 0.45 | 0.70 | 0.59 | 0.58 | 0.65 | 0.59 |
| VHT | 0.44 | 0.54 | 0.45 | 1.00 | 0.51 | 0.53 | 0.58 | 0.60 | 0.64 |
| QCLN | 0.23 | 0.28 | 0.70 | 0.51 | 1.00 | 0.71 | 0.63 | 0.70 | 0.69 |
| SOXX | 0.17 | 0.28 | 0.59 | 0.53 | 0.71 | 1.00 | 0.62 | 0.76 | 0.87 |
| PAVE | 0.34 | 0.48 | 0.58 | 0.58 | 0.63 | 0.62 | 1.00 | 0.68 | 0.62 |
| BOTZ | 0.24 | 0.34 | 0.65 | 0.60 | 0.70 | 0.76 | 0.68 | 1.00 | 0.79 |
| VGT | 0.26 | 0.36 | 0.59 | 0.64 | 0.69 | 0.87 | 0.62 | 0.79 | 1.00 |