Next
Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
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% |
Performance
Performance Chart
Loading data...
The earliest data available for this chart is Aug 6, 2009, corresponding to the inception date of AVGO
Returns By Period
As of May 11, 2025, the Next returned -0.26% Year-To-Date and 37.29% of annualized return in the last 10 years.
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | -3.77% | 7.44% | -5.60% | 8.37% | 14.12% | 10.46% |
| Next | -0.26% | 10.15% | 3.52% | 39.11% | 41.68% | 37.29% |
| Portfolio components: | ||||||
AVGO Broadcom Inc. | -9.92% | 20.84% | 14.02% | 58.12% | 53.95% | 36.26% |
NVDA NVIDIA Corporation | -13.13% | 8.44% | -20.97% | 29.82% | 71.04% | 72.60% |
BLV Vanguard Long-Term Bond ETF | 0.62% | 1.36% | -3.30% | 2.12% | -4.51% | 1.39% |
GLD SPDR Gold Trust | 26.73% | 4.96% | 23.75% | 40.30% | 14.04% | 10.19% |
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | -3.02% | -0.46% | -6.28% | 5.48% | 4.51% | -0.26% | |||||||
| 2024 | 8.45% | 12.49% | 7.97% | -2.35% | 9.45% | 10.39% | 0.19% | 1.86% | 3.95% | 2.19% | -0.18% | 9.94% | 84.88% |
| 2023 | 14.10% | 5.11% | 12.16% | -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% |
| 2020 | 1.06% | 1.82% | -4.18% | 9.75% | 9.41% | 5.95% | 6.83% | 10.13% | 1.18% | -3.93% | 6.18% | 3.59% | 57.80% |
| 2019 | 4.90% | 2.80% | 8.89% | 1.75% | -12.90% | 12.32% | 1.15% | 2.25% | -0.35% | 6.96% | 4.42% | 3.55% | 39.33% |
| 2018 | 7.20% | -1.68% | -2.28% | -2.27% | 6.67% | -3.64% | -1.95% | 3.93% | 3.12% | -10.74% | -3.81% | 0.96% | -5.76% |
| 2017 | 5.74% | 0.86% | 3.14% | -0.36% | 14.01% | -0.76% | 5.99% | 3.24% | -0.13% | 7.25% | 0.87% | -2.55% | 42.89% |
| 2016 | -4.11% | 5.00% | 8.61% | -0.51% | 9.94% | 3.06% | 8.67% | 4.46% | 3.30% | -0.41% | 6.64% | 7.62% | 65.19% |
| 2015 | 2.48% | 9.38% | -1.74% | -1.09% | 7.05% | -6.90% | -2.71% | 4.69% | 2.88% | 4.72% | 4.37% | 4.64% | 30.10% |
| 2014 | 2.07% | 10.48% | 0.25% | 1.09% | 4.16% | 1.21% | -3.53% | 9.82% | -1.10% | 1.29% | 5.12% | 1.68% | 36.69% |
Expense Ratio
Next has an expense ratio of 0.09%, which is considered low. 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
With an overall rank of 86, Next is among the top 14% of portfolios on our website when it comes to balancing risk and reward. Below is 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 | |
|---|---|---|---|---|---|
AVGO Broadcom Inc. | 0.99 | 1.73 | 1.23 | 1.50 | 4.15 |
NVDA NVIDIA Corporation | 0.53 | 1.05 | 1.13 | 0.78 | 1.94 |
BLV Vanguard Long-Term Bond ETF | 0.14 | 0.26 | 1.03 | 0.05 | 0.27 |
GLD SPDR Gold Trust | 2.39 | 3.30 | 1.42 | 5.33 | 14.20 |
Loading data...
Dividends
Dividend yield
Next provided a 1.27% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 1.27% | 1.22% | 1.33% | 1.77% | 1.36% | 2.12% | 1.86% | 1.88% | 1.38% | 1.40% | 1.57% | 1.66% |
| Portfolio components: | ||||||||||||
AVGO Broadcom Inc. | 1.07% | 0.94% | 1.71% | 3.02% | 2.24% | 3.05% | 3.54% | 3.11% | 1.87% | 1.43% | 1.13% | 1.22% |
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% |
BLV Vanguard Long-Term Bond ETF | 4.71% | 4.68% | 4.06% | 4.17% | 3.37% | 5.84% | 3.57% | 4.07% | 3.63% | 4.16% | 4.37% | 3.90% |
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. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading data...
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 5.07%.
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 |
| -20.68% | Jan 23, 2025 | 51 | Apr 4, 2025 | — | — | — |
| -19.67% | 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 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading data...
Diversification
Diversification Metrics
Number of Effective Assets
The portfolio contains 4 assets, with an effective number of assets of 3.85, reflecting the diversification based on asset allocation. This number of effective assets suggests a highly concentrated portfolio, where a few assets dominate the allocation, potentially increasing the portfolio's risk due to lack of diversification.
Asset Correlations Table
| ^GSPC | GLD | BLV | AVGO | NVDA | Portfolio | |
|---|---|---|---|---|---|---|
| ^GSPC | 1.00 | 0.06 | -0.15 | 0.61 | 0.61 | 0.65 |
| GLD | 0.06 | 1.00 | 0.24 | 0.02 | 0.03 | 0.19 |
| BLV | -0.15 | 0.24 | 1.00 | -0.09 | -0.07 | 0.04 |
| AVGO | 0.61 | 0.02 | -0.09 | 1.00 | 0.56 | 0.82 |
| NVDA | 0.61 | 0.03 | -0.07 | 0.56 | 1.00 | 0.88 |
| Portfolio | 0.65 | 0.19 | 0.04 | 0.82 | 0.88 | 1.00 |