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GLOBAL X MONTHLY {{7*7}}

Last updated Sep 23, 2023

qdaADASD

Asset Allocation


QDIV 60%QYLD 10%PFFV 30%EquityEquityPreferred StockPreferred Stock
PositionCategory/SectorWeight
QDIV
Global X S&P 500 Quality Dividend ETF
Large Cap Blend Equities, Dividend60%
QYLD
Global X NASDAQ 100 Covered Call ETF
Large Cap Growth Equities10%
PFFV
Global X Variable Rate Preferred ETF
Preferred Stock/Convertible Bonds30%

Performance

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%AprilMayJuneJulyAugustSeptember
3.60%
8.61%
GLOBAL X MONTHLY {{7*7}}
Benchmark (^GSPC)
Portfolio components

Returns


1 month6 monthsYear-To-Date1 year5 years (annualized)10 years (annualized)
Benchmark-1.29%8.79%12.52%16.97%11.33%N/A
GLOBAL X MONTHLY {{7*7}}-0.47%4.59%2.90%10.02%11.07%N/A
QDIV
Global X S&P 500 Quality Dividend ETF
-1.71%2.38%-1.10%10.71%15.55%N/A
PFFV
Global X Variable Rate Preferred ETF
2.49%8.94%6.98%4.91%3.44%N/A
QYLD
Global X NASDAQ 100 Covered Call ETF
-1.92%4.98%15.08%18.51%5.63%N/A

Asset Correlations Table

The table below shows the correlation coefficients between the assets in the portfolio.

PFFVQDIVQYLD
PFFV1.000.430.45
QDIV0.431.000.54
QYLD0.450.541.00

Sharpe Ratio

The current **GLOBAL X MONTHLY {{7*7}}** Sharpe ratio is 0.54. A Sharpe ratio between 0 and 1.0 is considered sub-optimal.

-1.000.001.002.003.004.000.54

The Sharpe ratio of **GLOBAL X MONTHLY {{7*7}}** is in the bottom 25%, suggesting that this portfolio isn't performing as well in terms of risk-adjusted returns compared to many others. This could be due to lower returns, higher volatility, or both. It might be an indication that the portfolio needs fine-tuning.


Rolling 12-month Sharpe Ratio-0.500.000.501.00AprilMayJuneJulyAugustSeptember
0.54
0.81
GLOBAL X MONTHLY {{7*7}}
Benchmark (^GSPC)
Portfolio components

Dividend yield

**GLOBAL X MONTHLY {{7*7}} granted a 5.18%** dividend yield in the last twelve months.


TTM202220212020201920182017201620152014
GLOBAL X MONTHLY {{7*7}}5.18%5.37%4.86%4.48%3.45%3.24%1.49%1.92%2.17%2.72%
QDIV
Global X S&P 500 Quality Dividend ETF
3.34%3.08%2.57%3.30%3.18%1.80%0.00%0.00%0.00%0.00%
PFFV
Global X Variable Rate Preferred ETF
6.56%6.90%5.81%3.13%0.00%0.00%0.00%0.00%0.00%0.00%
QYLD
Global X NASDAQ 100 Covered Call ETF
12.14%14.51%15.80%15.58%15.45%21.64%14.92%19.21%21.71%27.22%

Expense Ratio

The **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.


0.60%
0.00%2.15%
0.25%
0.00%2.15%
0.20%
0.00%2.15%

Risk-Adjusted Performance

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 ratioSortino ratioOmega ratioCalmar ratioUlcer Index
QDIV
Global X S&P 500 Quality Dividend ETF
0.45
PFFV
Global X Variable Rate Preferred ETF
0.21
QYLD
Global X NASDAQ 100 Covered Call ETF
1.33

Drawdowns Chart

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


-15.00%-10.00%-5.00%AprilMayJuneJulyAugustSeptember
-6.24%
-9.93%
GLOBAL X MONTHLY {{7*7}}
Benchmark (^GSPC)
Portfolio components

Worst Drawdowns

The table below shows the maximum drawdowns of the **GLOBAL X MONTHLY {{7*7}}**. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the **GLOBAL X MONTHLY {{7*7}} is 16.17%, recorded on Sep 30, 2022**. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-16.17%Jan 18, 2022178Sep 30, 2022
-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
-3.52%Jun 7, 202130Jul 19, 202117Aug 11, 202147

Volatility Chart

The current GLOBAL X MONTHLY {{7*7}} volatility is 2.21%, 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.


1.00%2.00%3.00%4.00%5.00%AprilMayJuneJulyAugustSeptember
2.21%
3.41%
GLOBAL X MONTHLY {{7*7}}
Benchmark (^GSPC)
Portfolio components