Next
Asset Allocation
| Position | Category/Sector | Weight |
|---|---|---|
BLV Vanguard Long-Term Bond ETF | Total Bond Market | 20% |
GLD SPDR Gold Trust | Precious Metals, Gold | 20% |
AVGO Broadcom Inc. | Technology | 30% |
NVDA NVIDIA Corporation | Technology | 30% |
Performance
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
Returns
As of Sep 21, 2023, the Next returned 65.99% Year-To-Date and 32.96% of annualized return in the last 10 years.
| 1 month | 6 months | Year-To-Date | 1 year | 5 years (annualized) | 10 years (annualized) | |
|---|---|---|---|---|---|---|
| Benchmark | 0.06% | 11.82% | 14.66% | 14.17% | 8.51% | 9.93% |
| Next | -3.27% | 26.46% | 65.99% | 81.73% | 29.12% | 32.96% |
| Portfolio components: | ||||||
AVGO Broadcom Inc. | -3.47% | 33.07% | 51.23% | 74.38% | 31.90% | 38.60% |
NVDA NVIDIA Corporation | -10.06% | 59.61% | 189.13% | 220.77% | 45.44% | 60.70% |
BLV Vanguard Long-Term Bond ETF | 1.44% | -6.54% | -1.12% | -3.24% | -0.35% | 2.45% |
GLD SPDR Gold Trust | 2.01% | -2.23% | 5.72% | 15.66% | 9.62% | 3.44% |
| Returns over 1 year are annualized | ||||||
Asset Correlations Table
| GLD | BLV | AVGO | NVDA | |
|---|---|---|---|---|
| GLD | 1.00 | 0.25 | 0.01 | 0.03 |
| BLV | 0.25 | 1.00 | -0.11 | -0.09 |
| AVGO | 0.01 | -0.11 | 1.00 | 0.54 |
| NVDA | 0.03 | -0.09 | 0.54 | 1.00 |
Dividend yield
Next granted a 1.68% dividend yield in the last twelve months.
| TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Next | 1.68% | 1.81% | 1.44% | 2.31% | 2.12% | 2.22% | 1.71% | 1.79% | 2.02% | 2.15% | 2.78% | 2.62% |
| Portfolio components: | ||||||||||||
AVGO Broadcom Inc. | 2.71% | 3.08% | 2.35% | 3.30% | 4.01% | 3.65% | 2.36% | 1.88% | 1.54% | 1.71% | 2.43% | 2.56% |
NVDA NVIDIA Corporation | 0.04% | 0.11% | 0.05% | 0.12% | 0.27% | 0.46% | 0.30% | 0.46% | 1.23% | 1.77% | 2.06% | 0.66% |
BLV Vanguard Long-Term Bond ETF | 4.27% | 4.28% | 3.59% | 6.44% | 4.17% | 4.94% | 4.59% | 5.46% | 5.96% | 5.55% | 7.19% | 8.24% |
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% |
Expense Ratio
The 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.
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 ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
|---|---|---|---|---|---|
AVGO Broadcom Inc. | 2.14 | ||||
NVDA NVIDIA Corporation | 3.98 | ||||
BLV Vanguard Long-Term Bond ETF | -0.28 | ||||
GLD SPDR Gold Trust | 1.05 |
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below shows the maximum drawdowns of the Next. 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 Next is 39.77%, recorded on Oct 14, 2022. It took 147 trading sessions for the portfolio to recover.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -39.77% | Dec 28, 2021 | 202 | Oct 14, 2022 | 147 | May 17, 2023 | 349 |
| -28.85% | Feb 20, 2020 | 20 | Mar 18, 2020 | 41 | May 15, 2020 | 61 |
| -19.68% | Feb 22, 2011 | 117 | Aug 8, 2011 | 551 | Oct 16, 2013 | 668 |
| -19.2% | Jun 15, 2018 | 110 | Nov 19, 2018 | 89 | Apr 1, 2019 | 199 |
| -16.01% | Apr 16, 2010 | 82 | Aug 11, 2010 | 56 | Oct 29, 2010 | 138 |
Volatility Chart
The current Next volatility is 5.84%, 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.