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GLOBAL X MONTHLY {{7*7}}
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Diversification

Asset Allocation


QDIV 60%QYLD 10%PFFV 30%EquityEquityPreferred StockPreferred Stock
PositionCategory/SectorWeight
PFFV
Global X Variable Rate Preferred ETF
Preferred Stock/Convertible Bonds

30%

QDIV
Global X S&P 500 Quality Dividend ETF
Large Cap Blend Equities, Dividend

60%

QYLD
Global X NASDAQ 100 Covered Call ETF
Derivative Income

10%

S&P 500

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in **GLOBAL X MONTHLY {{7*7}}**, 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


0.00%5.00%10.00%15.00%2024FebruaryMarchAprilMayJune
5.66%
15.31%
GLOBAL X MONTHLY {{7*7}}
Benchmark (^GSPC)
Portfolio components

The earliest data available for this chart is Jun 24, 2020, corresponding to the inception date of PFFV

Returns By Period


Year-To-Date1 month6 months1 year5 years (annualized)10 years (annualized)
^GSPC
S&P 500
14.75%2.85%15.30%25.37%13.19%10.82%
GLOBAL X MONTHLY {{7*7}}5.31%-0.27%5.66%12.14%N/AN/A
QDIV
Global X S&P 500 Quality Dividend ETF
4.75%-1.07%5.77%10.40%9.25%N/A
PFFV
Global X Variable Rate Preferred ETF
5.41%0.62%4.35%14.85%N/AN/A
QYLD
Global X NASDAQ 100 Covered Call ETF
7.98%1.71%8.57%13.77%6.85%7.51%

Monthly Returns

The table below presents the monthly returns of **GLOBAL X MONTHLY {{7*7}}**, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20240.52%1.91%3.96%-3.46%2.32%5.31%
20235.61%-2.38%-0.57%0.04%-3.58%3.97%3.59%-1.45%-2.40%-2.62%4.95%3.70%8.56%
2022-0.72%-0.42%1.64%-4.06%1.53%-7.44%4.99%-3.01%-6.56%6.62%5.99%-3.83%-6.30%
20210.23%3.03%5.60%2.25%2.49%-0.13%-0.11%1.81%-1.57%3.09%-2.47%4.56%20.11%
20201.56%3.18%3.59%-2.49%-0.58%11.30%3.62%21.37%

Expense Ratio

**GLOBAL X MONTHLY {{7*7}} has a high expense ratio of 0.26%**, indicating higher-than-average management fees. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.


Expense ratio chart for QYLD: current value at 0.60% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.60%
Expense ratio chart for PFFV: current value at 0.25% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.25%
Expense ratio chart for QDIV: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of **GLOBAL X MONTHLY {{7*7}} is 30**, 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.


The Risk-Adjusted Performance Rank of GLOBAL X MONTHLY {{7*7}} is 3030
GLOBAL X MONTHLY {{7*7}}
The Sharpe Ratio Rank of GLOBAL X MONTHLY {{7*7}} is 3030Sharpe Ratio Rank
The Sortino Ratio Rank of GLOBAL X MONTHLY {{7*7}} is 3030Sortino Ratio Rank
The Omega Ratio Rank of GLOBAL X MONTHLY {{7*7}} is 2929Omega Ratio Rank
The Calmar Ratio Rank of GLOBAL X MONTHLY {{7*7}} is 3131Calmar Ratio Rank
The Martin Ratio Rank of GLOBAL X MONTHLY {{7*7}} is 2929Martin 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.


GLOBAL X MONTHLY {{7*7}}
Sharpe ratio
The chart of Sharpe ratio for GLOBAL X MONTHLY {{7*7}}, currently valued at 1.56, compared to the broader market0.002.004.006.001.56
Sortino ratio
The chart of Sortino ratio for GLOBAL X MONTHLY {{7*7}}, currently valued at 2.27, compared to the broader market-2.000.002.004.006.002.27
Omega ratio
The chart of Omega ratio for GLOBAL X MONTHLY {{7*7}}, currently valued at 1.27, compared to the broader market0.801.001.201.401.601.801.27
Calmar ratio
The chart of Calmar ratio for GLOBAL X MONTHLY {{7*7}}, currently valued at 1.16, compared to the broader market0.002.004.006.008.0010.001.16
Martin ratio
The chart of Martin ratio for GLOBAL X MONTHLY {{7*7}}, currently valued at 4.82, compared to the broader market0.0010.0020.0030.0040.0050.004.82
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.19, compared to the broader market0.002.004.006.002.19
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 3.10, compared to the broader market-2.000.002.004.006.003.10
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.39, compared to the broader market0.801.001.201.401.601.801.39
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.75, compared to the broader market0.002.004.006.008.0010.001.75
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 8.21, compared to the broader market0.0010.0020.0030.0040.0050.008.21

Portfolio components
Sharpe ratioSortino ratioOmega ratioCalmar ratioMartin ratio
QDIV
Global X S&P 500 Quality Dividend ETF
0.991.481.170.872.73
PFFV
Global X Variable Rate Preferred ETF
2.093.111.381.1010.13
QYLD
Global X NASDAQ 100 Covered Call ETF
1.642.221.341.395.96

Sharpe Ratio

The current **GLOBAL X MONTHLY {{7*7}} Sharpe ratio is 1.39**. 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 1.41 to 2.40, this portfolio's current Sharpe ratio places it in the bottom 25%. This suggests that it may not be performing as well in terms of risk-adjusted returns compared to many other portfolios. The lower performance could be due to either lower returns, higher volatility, or a combination of both. This might indicate that the portfolio requires some fine-tuning. You can use the Portfolio Optimization tool to find an allocation that maximizes the Sharpe ratio.

Use the chart below to compare the Sharpe ratio of **GLOBAL X MONTHLY {{7*7}}** 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.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.503.002024FebruaryMarchAprilMayJune
1.56
2.19
GLOBAL X MONTHLY {{7*7}}
Benchmark (^GSPC)
Portfolio components

Dividends

Dividend yield

**GLOBAL X MONTHLY {{7*7}} granted a 5.08%** dividend yield in the last twelve months.


TTM2023202220212020201920182017201620152014
GLOBAL X MONTHLY {{7*7}}5.08%5.29%5.12%4.32%3.75%2.69%2.18%0.77%0.91%0.94%1.07%
QDIV
Global X S&P 500 Quality Dividend ETF
3.14%3.26%3.02%2.44%3.06%2.84%1.56%0.00%0.00%0.00%0.00%
PFFV
Global X Variable Rate Preferred ETF
7.14%7.17%6.60%5.23%2.68%0.00%0.00%0.00%0.00%0.00%0.00%
QYLD
Global X NASDAQ 100 Covered Call ETF
10.59%11.78%13.26%12.85%11.16%9.84%12.44%7.69%9.15%9.42%10.74%

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-5.00%-4.00%-3.00%-2.00%-1.00%0.00%2024FebruaryMarchAprilMayJune
-1.12%
-0.25%
GLOBAL X MONTHLY {{7*7}}
Benchmark (^GSPC)
Portfolio components

Worst Drawdowns

The table below displays the maximum drawdowns of the **GLOBAL X MONTHLY {{7*7}}**. 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 **GLOBAL X MONTHLY {{7*7}} was 16.17%, occurring on Sep 30, 2022**. Recovery took 332 trading sessions.

The current GLOBAL X MONTHLY {{7*7}} drawdown is 1.37%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-16.17%Jan 18, 2022178Sep 30, 2022332Jan 29, 2024510
-6.12%Sep 3, 202014Sep 23, 202011Oct 8, 202025
-5.47%Oct 13, 202012Oct 28, 20208Nov 9, 202020
-4.29%Nov 9, 202116Dec 1, 202117Dec 27, 202133
-4.09%Apr 1, 202414Apr 18, 2024

Volatility

Volatility Chart

The current GLOBAL X MONTHLY {{7*7}} volatility is 2.22%, 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.


1.50%2.00%2.50%3.00%3.50%4.00%2024FebruaryMarchAprilMayJune
2.22%
2.37%
GLOBAL X MONTHLY {{7*7}}
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.

PFFVQYLDQDIV
PFFV1.000.410.43
QYLD0.411.000.50
QDIV0.430.501.00
The correlation results are calculated based on daily price changes starting from Jun 25, 2020