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Magnum Experiment 24
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Diversification

Magnum Experiment 24

Currency in USD · Last updated May 14, 2025

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Asset Allocation

BSIG 18.35%THRY 13.19%AU 9.38%BHC 8.92%ATUS 8.43%AEM 6.2%MDGL 5.69%PPTA 5.58%IAG 5.52%TMQ 5.36%THM 3.71%EQX 3.67%SA 3.46%NG 2.54%EquityEquity
PositionCategory/SectorTarget Weight
AEM
Agnico Eagle Mines Limited		Basic Materials
6.20%
ATUS
Altice USA, Inc.		Communication Services
8.43%
AU
AngloGold Ashanti Limited		Basic Materials
9.38%
BHC
Bausch Health Companies Inc.		Healthcare
8.92%
BSIG
BrightSphere Investment Group Inc.		Financial Services
18.35%
EQX
Equinox Gold Corp.		Basic Materials
3.67%
IAG
IAMGOLD Corporation		Basic Materials
5.52%
MDGL
Madrigal Pharmaceuticals, Inc.		Healthcare
5.69%
NG
NovaGold Resources Inc.		Basic Materials
2.54%
PPTA
Perpetua Resources Corp		Basic Materials
5.58%
SA
Seabridge Gold Inc.		Basic Materials
3.46%
THM
International Tower Hill Mines Ltd.		Basic Materials
3.71%
THRY
Thryv Holdings, Inc.		Communication Services
13.19%
TMQ
Trilogy Metals Inc.		Basic Materials
5.36%

S&P 500

Performance

Performance Chart

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The earliest data available for this chart is Feb 18, 2021, corresponding to the inception date of PPTA

Returns By Period

YTD1M6M1Y5Y*10Y*
^GSPC
S&P 500		0.08%9.75%-1.63%12.74%15.66%10.77%
Magnum Experiment 2412.82%3.43%8.31%31.22%N/AN/A
Portfolio components:
AEM
Agnico Eagle Mines Limited		37.39%-9.05%39.95%61.08%13.04%14.43%
ATUS
Altice USA, Inc.		13.28%18.18%-2.15%30.00%-34.82%N/A
AU
AngloGold Ashanti Limited		82.43%-3.69%70.95%74.67%11.84%15.63%
BHC
Bausch Health Companies Inc.		-42.06%8.10%-48.85%-34.50%-21.86%-32.19%
BSIG
BrightSphere Investment Group Inc.		0.00%0.00%-12.64%17.05%N/AN/A
EQX
Equinox Gold Corp.		20.52%-11.29%16.35%15.68%-6.40%N/A
IAG
IAMGOLD Corporation		22.67%-12.33%25.84%50.36%10.79%10.64%
MDGL
Madrigal Pharmaceuticals, Inc.		-4.28%-6.87%-12.88%39.77%21.84%13.78%
NG
NovaGold Resources Inc.		5.11%24.56%6.06%21.95%-21.18%-1.76%
PPTA
Perpetua Resources Corp		15.04%3.76%36.62%124.82%N/AN/A
SA
Seabridge Gold Inc.		2.98%-5.85%-20.28%-22.95%-4.61%6.59%
THM
International Tower Hill Mines Ltd.		62.03%9.33%53.70%12.33%0.57%7.19%
THRY
Thryv Holdings, Inc.		0.81%31.11%2.90%-33.48%19.58%N/A
TMQ
Trilogy Metals Inc.		18.10%-6.16%34.31%150.96%-5.33%9.39%
*Annualized

Monthly Returns

The table below presents the monthly returns of Magnum Experiment 24, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
202510.74%-1.59%2.38%5.11%-3.79%12.82%
2024-1.85%3.26%14.00%-4.09%5.15%-5.87%11.67%-0.82%3.81%3.90%8.85%-6.90%32.77%
202314.46%-4.43%4.67%2.17%-6.39%-2.59%3.68%-10.44%-5.64%-4.46%8.17%7.18%3.54%
2022-14.59%6.45%4.77%-14.29%-8.80%-14.43%-2.13%-4.44%-8.95%5.34%6.95%22.30%-25.24%
2021-5.91%3.87%8.40%5.31%-4.72%-2.26%-4.76%-6.65%6.40%2.61%-1.51%-0.68%

Expense Ratio

Magnum Experiment 24 has an expense ratio of 0.00%, meaning no management fees are charged. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.

The portfolio doesn't include any funds that charge management fees.

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

With an overall rank of 79, Magnum Experiment 24 is among the top 21% 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.

The Risk-Adjusted Performance Rank of Magnum Experiment 24 is 7979
Overall Rank
The Sharpe Ratio Rank of Magnum Experiment 24 is 7777
Sharpe Ratio Rank
The Sortino Ratio Rank of Magnum Experiment 24 is 7979
Sortino Ratio Rank
The Omega Ratio Rank of Magnum Experiment 24 is 7575
Omega Ratio Rank
The Calmar Ratio Rank of Magnum Experiment 24 is 7878
Calmar Ratio Rank
The Martin Ratio Rank of Magnum Experiment 24 is 8888
Martin 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.

Portfolio components
Sharpe ratioSortino ratioOmega ratioCalmar ratioMartin ratio
AEM
Agnico Eagle Mines Limited		1.802.221.304.1611.77
ATUS
Altice USA, Inc.		0.471.121.130.311.61
AU
AngloGold Ashanti Limited		1.592.211.272.666.05
BHC
Bausch Health Companies Inc.		-0.61-0.540.92-0.38-1.34
BSIG
BrightSphere Investment Group Inc.		0.700.961.150.481.30
EQX
Equinox Gold Corp.		0.300.791.090.291.38
IAG
IAMGOLD Corporation		0.851.721.222.845.71
MDGL
Madrigal Pharmaceuticals, Inc.		0.671.531.181.223.16
NG
NovaGold Resources Inc.		0.310.981.120.250.80
PPTA
Perpetua Resources Corp		1.482.071.302.739.62
SA
Seabridge Gold Inc.		-0.45-0.360.96-0.43-0.80
THM
International Tower Hill Mines Ltd.		0.160.811.090.130.31
THRY
Thryv Holdings, Inc.		-0.66-0.550.93-0.39-1.01
TMQ
Trilogy Metals Inc.		1.273.611.432.7113.05

The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

Magnum Experiment 24 Sharpe ratios as of May 14, 2025 (values are recalculated daily):

  • 1-Year: 1.07
  • All Time: 0.12

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

Compared to the broad market, where average Sharpe ratios range from 0.59 to 1.09, this portfolio's current Sharpe ratio falls between the 25th and 75th percentiles. This indicates that its risk-adjusted performance is in line with the majority of portfolios, suggesting a balanced approach to risk and return—likely suitable for a wide range of investors.

The chart below shows the rolling Sharpe ratio of Magnum Experiment 24 compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time. For deeper analysis or to customize the calculation, use the Sharpe ratio tool.

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Dividends

Dividend yield

Magnum Experiment 24 provided a 0.32% dividend yield over the last twelve months.

TTM20242023202220212020201920182017201620152014
Portfolio0.32%0.32%0.33%0.44%0.43%0.35%0.81%2.86%0.53%0.46%0.46%0.08%
Portfolio components:
AEM
Agnico Eagle Mines Limited		1.50%2.05%2.92%3.08%2.63%1.35%1.10%1.09%0.89%0.86%1.22%1.29%
ATUS
Altice USA, Inc.		0.00%0.00%0.00%0.00%0.00%0.00%0.00%24.64%0.00%0.00%0.00%0.00%
AU
AngloGold Ashanti Limited		2.21%1.78%1.14%2.25%2.53%0.49%0.30%0.48%1.02%0.00%0.00%0.03%
BHC
Bausch Health Companies Inc.		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
BSIG
BrightSphere Investment Group Inc.		0.11%0.15%0.21%0.19%0.16%1.19%3.91%3.65%2.09%2.21%2.09%0.00%
EQX
Equinox Gold Corp.		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
IAG
IAMGOLD Corporation		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
MDGL
Madrigal Pharmaceuticals, Inc.		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
NG
NovaGold Resources Inc.		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
PPTA
Perpetua Resources Corp		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SA
Seabridge Gold Inc.		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
THM
International Tower Hill Mines Ltd.		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
THRY
Thryv Holdings, Inc.		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
TMQ
Trilogy Metals Inc.		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.

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Worst Drawdowns

The table below displays the maximum drawdowns of the Magnum Experiment 24. 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 Magnum Experiment 24 was 53.55%, occurring on Oct 14, 2022. Recovery took 542 trading sessions.

The current Magnum Experiment 24 drawdown is 5.34%.

Depth

Start

To Bottom

Bottom

To Recover

End

Total

-53.55%Jun 17, 2021336Oct 14, 2022542Dec 11, 2024878
-16.85%Mar 25, 202511Apr 8, 202513Apr 28, 202524
-11.16%Dec 12, 202412Dec 30, 202416Jan 24, 202528
-8.97%Feb 11, 202519Mar 10, 20258Mar 20, 202527
-7.81%Feb 19, 202110Mar 4, 20217Mar 15, 202117

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.

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Diversification

Diversification Metrics

Number of Effective Assets

The portfolio contains 14 assets, with an effective number of assets of 10.46, reflecting the diversification based on asset allocation. This number of effective assets suggests that the portfolio's investments are spread across a variety of assets, indicating a well-diversified allocation. However, true diversification also depends on the correlations between assets.

Asset Correlations Table

The table below displays the correlation coefficients between the individual components of the portfolio, the entire portfolio, and the chosen benchmark.
^GSPCMDGLBHCTMQATUSTHRYTHMBSIGPPTAAUNGIAGAEMEQXSAPortfolio
^GSPC1.000.320.400.240.370.430.170.510.260.180.270.250.230.260.290.54
MDGL0.321.000.300.150.210.230.070.230.180.070.150.100.110.120.110.39
BHC0.400.301.000.180.290.280.090.290.130.060.130.100.080.130.120.44
TMQ0.240.150.181.000.170.170.160.210.220.180.190.200.210.220.250.43
ATUS0.370.210.290.171.000.330.090.280.200.130.160.150.150.170.180.52
THRY0.430.230.280.170.331.000.070.340.180.090.180.140.110.140.180.53
THM0.170.070.090.160.090.071.000.080.250.360.340.340.380.400.420.43
BSIG0.510.230.290.210.280.340.081.000.230.140.240.190.160.160.200.54
PPTA0.260.180.130.220.200.180.250.231.000.360.410.420.420.420.450.56
AU0.180.070.060.180.130.090.360.140.361.000.610.670.740.660.680.58
NG0.270.150.130.190.160.180.340.240.410.611.000.650.700.690.720.61
IAG0.250.100.100.200.150.140.340.190.420.670.651.000.750.750.710.62
AEM0.230.110.080.210.150.110.380.160.420.740.700.751.000.770.780.61
EQX0.260.120.130.220.170.140.400.160.420.660.690.750.771.000.750.63
SA0.290.110.120.250.180.180.420.200.450.680.720.710.780.751.000.66
Portfolio0.540.390.440.430.520.530.430.540.560.580.610.620.610.630.661.00
The correlation results are calculated based on daily price changes starting from Feb 19, 2021

Recent discussions

PortfoliosLab Trends Portfolio Rebalance (October 2023)

The PortfoliosLab Trends Portfolio has been rebalanced today. Every three months, we analyze all user portfolios on PortfoliosLab, select the top 10 symbols that make up those portfolios, and weigh them by popularity.

In this update, the Invesco QQQ ETF has been newly added with a weight of 7.33%. The Schwab US Dividend Equity ETF has been removed; it previously held a weight of 6.95%.

Other noteworthy changes include a drop in the Vanguard Total Stock Market ETF popularity from 11.35% to 10.62% and a rise in the iShares Core S&P Mid-Cap ETF from 11.87% to 12.42%. But overall, the portfolio remains stable, with other changes in it being relatively minor.

Previous allocation

New allocation

The portfolio remains heavily weighted in technology, with symbols like AAPL, MSFT, and NVDA, which suggests a generally bullish sentiment on the tech sector. The addition of QQQ, which tracks the NASDAQ-100 Index, further reinforces this focus. The removal of SCHD could signal a shift away from dividend-yielding stocks towards growth or sector-specific assets.

Stay tuned for our next rebalancing update in three months to see how market trends continue to influence this unique portfolio.

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October 29, 23 Posted in announcements
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Discrepancy between SPY and ^GSPC?

Hello, from the charts, SPY seems to be outperforming its benchmark ^GSPC. That looks strange. From my understanding, SPY is designed to closely track the S&P 500.

Could there be an error in the charts?

Hedge Cat

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So is the Dividends and Return in my portfolio , is it average or median of all the stocks and ETF's in it, how is it calculated

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January 08, 25 Posted in general
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