8/2024 BEEFY
Lowered std dev, increased sharpe, increased return. Changed GBTC -> IBIT, Using GBTC for backtesting purposes.
Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
AAPL Apple Inc | Technology | 12% |
COKE Coca-Cola Consolidated, Inc. | Consumer Defensive | 2.50% |
COST Costco Wholesale Corporation | Consumer Defensive | 10% |
GBTC Grayscale Bitcoin Trust (BTC) | Financial Services | 9% |
KO The Coca-Cola Company | Consumer Defensive | 2.50% |
LLY Eli Lilly and Company | Healthcare | 20% |
MA Mastercard Inc | Financial Services | 5% |
MSFT Microsoft Corporation | Technology | 17% |
NVDA NVIDIA Corporation | Technology | 16% |
TSLA Tesla, Inc. | Consumer Cyclical | 6% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in 8/2024 BEEFY, 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 every year.
The earliest data available for this chart is May 4, 2015, corresponding to the inception date of GBTC
Returns By Period
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | -12.30% | -8.99% | -11.89% | 3.84% | 13.06% | 9.34% |
| 8/2024 BEEFY | -10.56% | -5.15% | -8.48% | 22.37% | 49.20% | N/A |
| Portfolio components: | ||||||
AAPL Apple Inc | -22.78% | -11.50% | -18.14% | 17.62% | 23.69% | 20.91% |
MSFT Microsoft Corporation | -14.63% | -8.21% | -13.90% | -9.34% | 16.75% | 24.23% |
NVDA NVIDIA Corporation | -27.83% | -17.66% | -32.55% | 27.21% | 68.88% | 68.60% |
TSLA Tesla, Inc. | -43.67% | -8.53% | 3.95% | 54.71% | 36.22% | 31.75% |
LLY Eli Lilly and Company | 6.14% | -2.33% | -9.42% | 13.36% | 41.07% | 30.07% |
COST Costco Wholesale Corporation | 4.64% | 5.34% | 8.27% | 35.73% | 27.59% | 22.75% |
COKE Coca-Cola Consolidated, Inc. | 8.47% | 4.88% | 7.47% | 67.75% | 44.45% | 29.26% |
MA Mastercard Inc | -2.98% | -4.77% | -0.80% | 12.50% | 15.38% | 19.62% |
KO The Coca-Cola Company | 17.74% | 5.97% | 6.35% | 24.56% | 13.24% | 9.38% |
GBTC Grayscale Bitcoin Trust (BTC) | -6.70% | 4.13% | 28.15% | 20.50% | 55.35% | N/A |
Monthly Returns
The table below presents the monthly returns of 8/2024 BEEFY, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.44% | 1.14% | -8.27% | -4.02% | -10.56% | ||||||||
| 2024 | 6.63% | 14.89% | 4.59% | -4.50% | 12.33% | 6.99% | -3.75% | 4.88% | 0.68% | 0.21% | 8.25% | -0.93% | 60.64% |
| 2023 | 14.32% | 2.66% | 14.50% | 2.45% | 10.49% | 12.60% | 2.76% | 3.65% | -5.43% | 2.93% | 11.97% | 5.53% | 109.85% |
| 2022 | -9.96% | -0.88% | 8.74% | -10.38% | -2.38% | -6.74% | 10.67% | -7.92% | -6.36% | 7.58% | 4.22% | -7.46% | -21.59% |
| 2021 | 5.25% | 0.92% | 0.59% | 3.87% | -1.26% | 10.72% | 4.71% | 6.87% | -6.59% | 17.24% | 7.44% | -0.61% | 58.79% |
| 2020 | 10.30% | -4.44% | -5.45% | 16.60% | 7.13% | 7.46% | 9.89% | 21.56% | -6.47% | -3.95% | 19.73% | 13.39% | 117.92% |
| 2019 | 4.42% | 6.31% | 7.21% | 4.56% | -0.44% | 13.85% | -0.22% | -1.20% | -0.90% | 6.50% | 2.02% | 4.50% | 56.46% |
| 2018 | 4.35% | -0.20% | -6.59% | 4.05% | 4.30% | -0.83% | 6.26% | 8.99% | -0.06% | -6.41% | -2.41% | -9.32% | 0.35% |
| 2017 | 2.94% | 3.71% | 3.35% | 2.76% | 30.75% | -5.57% | 4.19% | 32.68% | -10.73% | 9.62% | 28.28% | 12.56% | 173.43% |
| 2016 | -9.31% | 0.07% | 7.08% | -0.35% | 7.55% | 5.96% | 5.87% | -0.80% | 4.75% | 2.36% | 5.91% | 12.13% | 47.57% |
| 2015 | -0.23% | -1.45% | 1.96% | -2.59% | 3.58% | 7.99% | 5.73% | 3.89% | 19.98% |
Expense Ratio
8/2024 BEEFY has an expense ratio of 0.00%, meaning no management fees are charged. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of 8/2024 BEEFY is 74, indicating average performance compared to other portfolios on our website. Here’s a breakdown of how it compares using common performance measures.
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 | |
|---|---|---|---|---|---|
AAPL Apple Inc | 0.48 | 0.90 | 1.13 | 0.47 | 1.83 |
MSFT Microsoft Corporation | -0.49 | -0.56 | 0.93 | -0.51 | -1.18 |
NVDA NVIDIA Corporation | 0.25 | 0.77 | 1.10 | 0.42 | 1.13 |
TSLA Tesla, Inc. | 0.63 | 1.44 | 1.17 | 0.71 | 2.11 |
LLY Eli Lilly and Company | 0.27 | 0.65 | 1.08 | 0.39 | 0.81 |
COST Costco Wholesale Corporation | 1.57 | 2.12 | 1.29 | 2.00 | 6.18 |
COKE Coca-Cola Consolidated, Inc. | 1.95 | 2.78 | 1.37 | 4.07 | 11.77 |
MA Mastercard Inc | 0.55 | 0.87 | 1.12 | 0.68 | 2.88 |
KO The Coca-Cola Company | 1.71 | 2.42 | 1.31 | 1.81 | 4.01 |
GBTC Grayscale Bitcoin Trust (BTC) | 0.49 | 1.06 | 1.13 | 0.78 | 1.72 |
Dividends
Dividend yield
8/2024 BEEFY provided a 0.50% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 0.50% | 0.50% | 0.75% | 0.67% | 0.58% | 1.05% | 0.95% | 1.20% | 1.65% | 1.51% | 1.82% | 1.68% |
| Portfolio components: | ||||||||||||
AAPL Apple Inc | 0.52% | 0.40% | 0.49% | 0.70% | 0.49% | 0.61% | 1.04% | 1.79% | 1.45% | 1.93% | 1.93% | 1.67% |
MSFT Microsoft Corporation | 0.88% | 0.73% | 0.74% | 1.06% | 0.68% | 0.94% | 1.20% | 1.69% | 1.86% | 2.37% | 2.33% | 2.48% |
NVDA NVIDIA Corporation | 0.03% | 0.02% | 0.03% | 0.11% | 0.05% | 0.12% | 0.27% | 0.46% | 0.29% | 0.45% | 1.20% | 1.70% |
TSLA Tesla, 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% |
LLY Eli Lilly and Company | 0.66% | 0.67% | 0.78% | 1.07% | 1.23% | 1.75% | 1.96% | 1.95% | 2.46% | 2.77% | 2.37% | 2.84% |
COST Costco Wholesale Corporation | 0.48% | 0.49% | 2.87% | 0.76% | 0.54% | 3.38% | 0.86% | 1.08% | 4.81% | 1.09% | 4.06% | 0.97% |
COKE Coca-Cola Consolidated, Inc. | 0.44% | 1.59% | 0.54% | 0.20% | 0.16% | 0.38% | 0.35% | 0.56% | 0.46% | 0.56% | 0.55% | 1.14% |
MA Mastercard Inc | 0.56% | 0.50% | 0.53% | 0.56% | 0.49% | 0.45% | 0.44% | 0.53% | 0.58% | 0.74% | 0.66% | 0.51% |
KO The Coca-Cola Company | 2.70% | 3.12% | 3.12% | 2.77% | 2.84% | 2.99% | 2.89% | 3.29% | 3.23% | 3.38% | 3.07% | 2.89% |
GBTC Grayscale Bitcoin Trust (BTC) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.23% | 0.00% | 0.00% | 0.00% |
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 8/2024 BEEFY. 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 8/2024 BEEFY was 34.15%, occurring on Dec 24, 2018. Recovery took 126 trading sessions.
The current 8/2024 BEEFY drawdown is 14.90%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -34.15% | Dec 19, 2017 | 255 | Dec 24, 2018 | 126 | Jun 26, 2019 | 381 |
| -30.71% | Feb 20, 2020 | 23 | Mar 23, 2020 | 49 | Jun 2, 2020 | 72 |
| -27.92% | Dec 28, 2021 | 200 | Oct 12, 2022 | 116 | Mar 30, 2023 | 316 |
| -20.53% | Feb 21, 2025 | 33 | Apr 8, 2025 | — | — | — |
| -18.23% | Dec 17, 2015 | 38 | Feb 11, 2016 | 73 | May 26, 2016 | 111 |
Volatility
Volatility Chart
The current 8/2024 BEEFY volatility is 14.27%, 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
Diversification Metrics
Number of Effective Assets
The portfolio contains 10 assets, with an effective number of assets of 7.44, reflecting the diversification based on asset allocation. This number of effective assets indicates a moderate level of diversification, where some assets may have a more significant influence on overall performance.
Asset Correlations Table
| GBTC | LLY | COKE | KO | TSLA | COST | NVDA | MA | AAPL | MSFT | |
|---|---|---|---|---|---|---|---|---|---|---|
| GBTC | 1.00 | 0.07 | 0.08 | 0.03 | 0.18 | 0.15 | 0.22 | 0.15 | 0.17 | 0.20 |
| LLY | 0.07 | 1.00 | 0.16 | 0.27 | 0.13 | 0.29 | 0.22 | 0.28 | 0.26 | 0.32 |
| COKE | 0.08 | 0.16 | 1.00 | 0.40 | 0.19 | 0.29 | 0.19 | 0.28 | 0.23 | 0.24 |
| KO | 0.03 | 0.27 | 0.40 | 1.00 | 0.12 | 0.37 | 0.11 | 0.40 | 0.27 | 0.31 |
| TSLA | 0.18 | 0.13 | 0.19 | 0.12 | 1.00 | 0.28 | 0.42 | 0.32 | 0.41 | 0.40 |
| COST | 0.15 | 0.29 | 0.29 | 0.37 | 0.28 | 1.00 | 0.37 | 0.40 | 0.44 | 0.48 |
| NVDA | 0.22 | 0.22 | 0.19 | 0.11 | 0.42 | 0.37 | 1.00 | 0.45 | 0.52 | 0.60 |
| MA | 0.15 | 0.28 | 0.28 | 0.40 | 0.32 | 0.40 | 0.45 | 1.00 | 0.51 | 0.60 |
| AAPL | 0.17 | 0.26 | 0.23 | 0.27 | 0.41 | 0.44 | 0.52 | 0.51 | 1.00 | 0.64 |
| MSFT | 0.20 | 0.32 | 0.24 | 0.31 | 0.40 | 0.48 | 0.60 | 0.60 | 0.64 | 1.00 |