Next
Asset Allocation
| Position | Category/Sector | 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
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
The earliest data available for this chart is Aug 6, 2009, corresponding to the inception date of AVGO
Returns By Period
As of Jul 25, 2024, the Next returned 50.30% Year-To-Date and 37.80% of annualized return in the last 10 years.
| Year-To-Date | 1 month | 6 months | 1 year | 5 years (annualized) | 10 years (annualized) | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | 13.20% | -1.28% | 10.32% | 18.23% | 12.31% | 10.58% |
| Next | 48.65% | -4.87% | 37.31% | 67.01% | 42.67% | 37.67% |
| Portfolio components: | ||||||
AVGO Broadcom Inc. | 34.71% | -6.24% | 24.80% | 69.98% | 42.20% | 40.18% |
NVDA NVIDIA Corporation | 126.76% | -11.17% | 84.00% | 144.69% | 91.87% | 74.97% |
BLV Vanguard Long-Term Bond ETF | -2.92% | -0.06% | 0.51% | 1.36% | -2.01% | 1.60% |
GLD SPDR Gold Trust | 14.21% | 2.70% | 16.75% | 21.01% | 10.34% | 5.73% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 8.45% | 12.49% | 7.97% | -2.35% | 9.45% | 10.39% | 48.65% | ||||||
| 2023 | 14.10% | 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% |
| 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% | 1.76% | -12.90% | 12.32% | 1.15% | 2.25% | -0.35% | 6.96% | 4.42% | 3.55% | 39.33% |
| 2018 | 7.20% | -1.68% | -2.08% | -2.27% | 6.67% | -3.45% | -1.95% | 3.93% | 3.12% | -10.74% | -3.81% | 0.96% | -5.37% |
| 2017 | 5.74% | 1.17% | 3.14% | -0.35% | 14.01% | -0.76% | 5.99% | 3.24% | -0.13% | 7.25% | 0.87% | -2.55% | 43.32% |
| 2016 | -4.10% | 5.38% | 8.64% | -0.51% | 9.94% | 3.06% | 8.67% | 4.45% | 3.30% | -0.41% | 6.64% | 7.62% | 65.85% |
| 2015 | 2.49% | 9.87% | -1.73% | -1.09% | 7.05% | -6.90% | -2.71% | 4.69% | 2.88% | 4.71% | 4.38% | 4.64% | 30.70% |
| 2014 | 2.07% | 11.20% | 0.28% | 1.09% | 4.17% | 1.21% | -3.53% | 9.82% | -1.10% | 1.29% | 5.12% | 1.68% | 37.61% |
| 2013 | 3.26% | 0.08% | 2.23% | -1.80% | 4.42% | -3.59% | 1.67% | 3.11% | 4.37% | 1.33% | -0.98% | 5.85% | 21.37% |
Expense Ratio
Next has an expense ratio of 0.09%, which is considered low compared to other funds. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of Next is 92, placing it in the top 8% of portfolios on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
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. | 1.66 | 2.38 | 1.29 | 3.61 | 10.14 |
NVDA NVIDIA Corporation | 3.13 | 3.59 | 1.45 | 7.37 | 20.15 |
BLV Vanguard Long-Term Bond ETF | -0.01 | 0.08 | 1.01 | -0.00 | -0.03 |
GLD SPDR Gold Trust | 1.43 | 2.05 | 1.26 | 1.52 | 6.97 |
Dividends
Dividend yield
Next granted a 1.31% dividend yield in the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Next | 1.31% | 1.33% | 1.77% | 1.36% | 2.12% | 1.86% | 2.30% | 1.59% | 1.67% | 1.86% | 2.01% | 2.68% |
| Portfolio components: | ||||||||||||
AVGO Broadcom Inc. | 1.36% | 1.71% | 3.02% | 2.24% | 3.05% | 3.54% | 4.48% | 2.57% | 2.33% | 2.09% | 2.42% | 3.74% |
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 | 4.46% | 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.
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 10.06%.
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 |
| -19.67% | Feb 22, 2011 | 117 | Aug 8, 2011 | 531 | Sep 18, 2013 | 648 |
| -19.03% | 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
Volatility Chart
The current Next volatility is 8.55%, 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.
Diversification
Asset Correlations Table
| GLD | BLV | NVDA | AVGO | |
|---|---|---|---|---|
| GLD | 1.00 | 0.25 | 0.03 | 0.01 |
| BLV | 0.25 | 1.00 | -0.08 | -0.10 |
| NVDA | 0.03 | -0.08 | 1.00 | 0.55 |
| AVGO | 0.01 | -0.10 | 0.55 | 1.00 |