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Next
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Diversification

Asset Allocation


BLV 20%GLD 20%AVGO 30%NVDA 30%BondBondCommodityCommodityEquityEquity
PositionCategory/SectorWeight
AVGO
Broadcom Inc.
Technology

30%

BLV
Vanguard Long-Term Bond ETF
Total Bond Market

20%

GLD
SPDR Gold Trust
Precious Metals, Gold

20%

NVDA
NVIDIA Corporation
Technology

30%

S&P 500

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Next, 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%1,000.00%2,000.00%3,000.00%4,000.00%5,000.00%6,000.00%2024FebruaryMarchAprilMayJune
5,510.07%
446.38%
Next
Benchmark (^GSPC)
Portfolio components

The earliest data available for this chart is Aug 6, 2009, corresponding to the inception date of AVGO

Returns By Period

As of Jun 22, 2024, the Next returned 58.40% Year-To-Date and 38.22% of annualized return in the last 10 years.


Year-To-Date1 month6 months1 year5 years (annualized)10 years (annualized)
^GSPC
S&P 500
14.22%2.70%14.58%25.29%13.38%10.79%
Next53.39%8.06%54.06%81.01%45.08%37.80%
AVGO
Broadcom Inc.
43.70%13.46%42.97%97.07%46.04%40.45%
NVDA
NVIDIA Corporation
138.53%10.94%141.91%179.91%97.65%75.31%
BLV
Vanguard Long-Term Bond ETF
-1.88%2.63%-1.32%0.30%-1.63%1.89%
GLD
SPDR Gold Trust
12.79%-0.13%13.33%21.00%10.19%5.48%

Monthly Returns

The table below presents the monthly returns of Next, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20248.45%12.49%7.97%-2.35%9.46%53.39%
202314.10%5.11%12.15%-0.43%18.68%6.29%4.50%1.92%-8.85%-0.96%9.75%9.99%96.07%
2022-9.77%0.75%5.02%-15.44%0.90%-10.73%9.31%-9.09%-11.14%3.99%16.58%-3.90%-25.18%
2021-0.51%0.96%-1.84%4.39%5.28%7.60%0.89%4.93%-3.98%10.57%10.66%2.33%48.39%
20201.06%1.82%-4.18%9.75%9.41%5.95%6.83%10.13%1.18%-3.93%6.18%3.59%57.80%
20194.90%2.80%8.89%1.76%-12.90%12.32%1.15%2.25%-0.35%6.96%4.42%3.55%39.33%
20187.20%-1.68%-2.08%-2.27%6.67%-3.45%-1.95%3.93%3.12%-10.74%-3.81%0.96%-5.37%
20175.74%0.90%3.14%-0.35%14.01%-0.76%5.99%3.24%-0.13%7.25%0.87%-2.55%42.93%
2016-4.10%5.03%8.61%-0.51%9.94%3.06%8.67%4.45%3.30%-0.41%6.64%7.62%65.26%
20152.49%9.43%-1.74%-1.09%7.05%-6.90%-2.71%4.69%2.88%4.71%4.38%4.64%30.15%
20142.08%10.55%0.26%1.09%4.17%1.21%-3.53%9.82%-1.10%1.29%5.12%1.68%36.77%
20133.26%-0.85%2.22%-1.82%4.42%-3.59%1.67%3.11%4.37%1.33%-0.98%5.85%20.22%

Expense Ratio

Next has an expense ratio of 0.09% which is considered to be low. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.


Expense ratio chart for GLD: current value at 0.40% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.40%
Expense ratio chart for BLV: current value at 0.04% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.04%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of Next is 94, placing it in the top 6% of portfolios on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.


The Risk-Adjusted Performance Rank of Next is 9494
Next
The Sharpe Ratio Rank of Next is 9393Sharpe Ratio Rank
The Sortino Ratio Rank of Next is 9393Sortino Ratio Rank
The Omega Ratio Rank of Next is 9393Omega Ratio Rank
The Calmar Ratio Rank of Next is 9797Calmar Ratio Rank
The Martin Ratio Rank of Next is 9292Martin 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.


Next
Sharpe ratio
The chart of Sharpe ratio for Next, currently valued at 3.26, compared to the broader market0.002.004.003.26
Sortino ratio
The chart of Sortino ratio for Next, currently valued at 4.33, compared to the broader market-2.000.002.004.006.004.33
Omega ratio
The chart of Omega ratio for Next, currently valued at 1.51, compared to the broader market0.801.001.201.401.601.801.51
Calmar ratio
The chart of Calmar ratio for Next, currently valued at 7.62, compared to the broader market0.002.004.006.008.0010.007.62
Martin ratio
The chart of Martin ratio for Next, currently valued at 19.20, compared to the broader market0.0010.0020.0030.0040.0050.0019.20
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.16, compared to the broader market0.002.004.002.16
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 3.06, compared to the broader market-2.000.002.004.006.003.06
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.38, compared to the broader market0.801.001.201.401.601.801.38
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.72, compared to the broader market0.002.004.006.008.0010.001.72
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 8.08, compared to the broader market0.0010.0020.0030.0040.0050.008.08

Portfolio components
Sharpe ratioSortino ratioOmega ratioCalmar ratioMartin ratio
AVGO
Broadcom Inc.
2.463.331.406.5916.36
NVDA
NVIDIA Corporation
3.884.241.538.8225.44
BLV
Vanguard Long-Term Bond ETF
0.070.201.020.030.15
GLD
SPDR Gold Trust
1.612.291.291.657.78

Sharpe Ratio

The current Next Sharpe ratio is 3.50. 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 1.46 to 2.42, this portfolio's current Sharpe ratio is in the top 25%, it signifies superior risk-adjusted performance. This means that for the level of risk undertaken, the portfolio is generating impressive returns compared to most others.

Use the chart below to compare the Sharpe ratio of Next 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 Ratio1.002.003.004.005.002024FebruaryMarchAprilMayJune
3.26
2.16
Next
Benchmark (^GSPC)
Portfolio components

Dividends

Dividend yield

Next granted a 1.26% dividend yield in the last twelve months.


TTM20232022202120202019201820172016201520142013
Next1.26%1.33%1.77%1.36%2.12%1.86%2.30%1.40%1.42%1.60%1.69%2.12%
AVGO
Broadcom Inc.
1.28%1.71%3.02%2.24%3.05%3.54%4.48%1.94%1.52%1.23%1.34%1.87%
NVDA
NVIDIA Corporation
0.02%0.03%0.11%0.05%0.12%0.27%0.46%0.30%0.46%1.19%1.68%1.95%
BLV
Vanguard Long-Term Bond ETF
4.37%4.06%4.17%3.37%5.84%3.57%4.07%3.63%4.16%4.37%3.90%4.85%
GLD
SPDR Gold Trust
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

Drawdowns Chart

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


-8.00%-6.00%-4.00%-2.00%0.00%2024FebruaryMarchAprilMayJune
-7.94%
-0.71%
Next
Benchmark (^GSPC)
Portfolio components

Worst Drawdowns

The table below displays the maximum drawdowns of the Next. 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 Next was 39.77%, occurring on Oct 14, 2022. Recovery took 147 trading sessions.

The current Next drawdown is 4.93%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-39.77%Dec 28, 2021202Oct 14, 2022147May 17, 2023349
-28.85%Feb 20, 202020Mar 18, 202041May 15, 202061
-19.67%Feb 22, 2011117Aug 8, 2011551Oct 16, 2013668
-19.03%Jun 15, 2018110Nov 19, 201889Apr 1, 2019199
-16.01%Apr 16, 201082Aug 11, 201056Oct 29, 2010138

Volatility

Volatility Chart

The current Next volatility is 9.49%, 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.


2.00%4.00%6.00%8.00%10.00%12.00%2024FebruaryMarchAprilMayJune
9.49%
2.39%
Next
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.

GLDBLVNVDAAVGO
GLD1.000.240.030.01
BLV0.241.00-0.08-0.10
NVDA0.03-0.081.000.55
AVGO0.01-0.100.551.00
The correlation results are calculated based on daily price changes starting from Aug 7, 2009