Building Euipment & Products
Asset Allocation
| Position | Category/Sector | Weight |
|---|---|---|
AAON AAON, Inc. | Industrials | 6.67% |
AWI Armstrong World Industries, Inc. | Industrials | 6.67% |
BLDR Builders FirstSource, Inc. | Industrials | 6.67% |
CARR Carrier Global Corporation | Industrials | 6.67% |
CSL Carlisle Companies Incorporated | Industrials | 6.67% |
FBIN Fortune Brands Innovations Inc. | Industrials | 6.67% |
JCI Johnson Controls International plc | Industrials | 6.67% |
LII Lennox International Inc. | Industrials | 6.67% |
LPX Louisiana-Pacific Corporation | Industrials | 6.67% |
MAS Masco Corporation | Industrials | 6.67% |
OC Owens Corning | Industrials | 6.67% |
SPXC SPX Corporation | Industrials | 6.67% |
TREX Trex Company, Inc. | Industrials | 6.67% |
TT Trane Technologies plc | Industrials | 6.67% |
WMS Advanced Drainage Systems, Inc. | Industrials | 6.67% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Building Euipment & Products, 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 Apr 3, 2020, corresponding to the inception date of CARR
Returns By Period
| Year-To-Date | 1 month | 6 months | 1 year | 5 years (annualized) | 10 years (annualized) | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | 25.45% | 2.91% | 14.05% | 35.64% | 14.13% | 11.39% |
| Building Euipment & Products | 36.80% | 0.42% | 15.11% | 57.20% | N/A | N/A |
| Portfolio components: | ||||||
TT Trane Technologies plc | 69.93% | 1.52% | 24.36% | 81.56% | 35.12% | 26.07% |
CARR Carrier Global Corporation | 32.46% | -8.51% | 15.29% | 44.58% | N/A | N/A |
JCI Johnson Controls International plc | 50.14% | 9.63% | 26.20% | 66.16% | 17.81% | 11.15% |
LII Lennox International Inc. | 38.54% | 1.56% | 22.90% | 53.46% | 20.91% | 22.50% |
BLDR Builders FirstSource, Inc. | 7.01% | -9.18% | 3.90% | 33.06% | 48.09% | 40.64% |
CSL Carlisle Companies Incorporated | 46.02% | -5.80% | 8.01% | 62.12% | 24.55% | 19.12% |
MAS Masco Corporation | 19.83% | -6.49% | 10.73% | 35.83% | 13.40% | 16.20% |
OC Owens Corning | 30.54% | 2.03% | 6.94% | 48.32% | 26.08% | 20.46% |
WMS Advanced Drainage Systems, Inc. | -6.62% | -15.70% | -25.52% | 9.53% | 29.24% | 20.25% |
FBIN Fortune Brands Innovations Inc. | 1.03% | -14.44% | 1.99% | 17.98% | 8.61% | 9.08% |
TREX Trex Company, Inc. | -12.63% | 10.63% | -21.23% | 9.52% | 10.22% | 21.11% |
AAON AAON, Inc. | 87.01% | 22.94% | 82.02% | 115.92% | 33.47% | 26.67% |
LPX Louisiana-Pacific Corporation | 60.74% | 8.56% | 23.22% | 86.21% | 33.17% | 24.13% |
SPXC SPX Corporation | 62.91% | -3.03% | 16.21% | 86.58% | 28.17% | 21.90% |
AWI Armstrong World Industries, Inc. | 58.64% | 12.12% | 32.63% | 86.82% | 10.70% | 13.09% |
Monthly Returns
The table below presents the monthly returns of Building Euipment & Products, 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 | -1.60% | 12.34% | 6.86% | -4.52% | 3.67% | -3.04% | 10.88% | -0.54% | 6.69% | -3.35% | 36.80% | ||
| 2023 | 13.07% | -1.38% | -2.71% | 3.23% | -0.59% | 19.02% | 6.36% | -2.96% | -6.85% | -6.34% | 15.21% | 14.01% | 56.72% |
| 2022 | -14.31% | -2.77% | -5.17% | -7.06% | 3.78% | -10.66% | 17.96% | -5.50% | -6.38% | 6.85% | 7.35% | -5.55% | -23.03% |
| 2021 | 1.27% | 7.15% | 7.38% | 8.07% | 1.26% | -1.27% | 2.05% | 3.51% | -7.98% | 7.67% | 5.13% | 8.22% | 49.89% |
| 2020 | 26.04% | 12.94% | 5.49% | 10.95% | 7.65% | 0.70% | -1.76% | 12.78% | 4.61% | 109.34% |
Expense Ratio
Building Euipment & Products has an expense ratio of 0.00%, indicating no management fees are charged. 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 rank of Building Euipment & Products is 69, suggesting that the investment has average results relative to other portfolios in terms of risk-adjusted performance. This ranking is determined by the cumulative 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 | |
|---|---|---|---|---|---|
TT Trane Technologies plc | 3.68 | 4.48 | 1.59 | 9.11 | 32.42 |
CARR Carrier Global Corporation | 1.66 | 2.33 | 1.29 | 3.33 | 10.25 |
JCI Johnson Controls International plc | 2.68 | 3.18 | 1.48 | 2.01 | 17.06 |
LII Lennox International Inc. | 2.08 | 2.63 | 1.34 | 6.57 | 17.43 |
BLDR Builders FirstSource, Inc. | 0.99 | 1.47 | 1.21 | 1.18 | 2.64 |
CSL Carlisle Companies Incorporated | 2.61 | 3.19 | 1.44 | 4.88 | 14.97 |
MAS Masco Corporation | 1.74 | 2.57 | 1.32 | 2.43 | 6.17 |
OC Owens Corning | 1.87 | 2.41 | 1.31 | 3.21 | 9.29 |
WMS Advanced Drainage Systems, Inc. | 0.43 | 0.87 | 1.11 | 0.60 | 1.66 |
FBIN Fortune Brands Innovations Inc. | 0.84 | 1.45 | 1.17 | 0.75 | 2.58 |
TREX Trex Company, Inc. | 0.43 | 0.81 | 1.13 | 0.31 | 0.86 |
AAON AAON, Inc. | 3.41 | 3.88 | 1.59 | 5.70 | 15.93 |
LPX Louisiana-Pacific Corporation | 2.66 | 4.15 | 1.49 | 3.71 | 17.11 |
SPXC SPX Corporation | 2.89 | 3.26 | 1.46 | 5.87 | 18.76 |
AWI Armstrong World Industries, Inc. | 3.73 | 5.25 | 1.66 | 3.09 | 19.43 |
Dividends
Dividend yield
Building Euipment & Products provided a 0.73% dividend yield over the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 0.73% | 0.98% | 1.19% | 0.75% | 0.94% | 1.13% | 1.21% | 0.76% | 1.69% | 1.14% | 0.87% | 0.59% |
| Portfolio components: | ||||||||||||
TT Trane Technologies plc | 0.80% | 1.23% | 1.59% | 1.17% | 1.46% | 1.59% | 2.15% | 1.91% | 1.81% | 2.10% | 1.58% | 1.09% |
CARR Carrier Global Corporation | 1.01% | 1.30% | 1.54% | 0.94% | 0.74% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
JCI Johnson Controls International plc | 1.74% | 2.55% | 2.19% | 1.41% | 2.23% | 2.55% | 3.51% | 2.65% | 15.64% | 5.85% | 3.69% | 3.46% |
LII Lennox International Inc. | 0.73% | 0.97% | 1.71% | 1.09% | 1.12% | 1.21% | 1.11% | 0.94% | 1.08% | 1.10% | 1.20% | 1.08% |
BLDR Builders FirstSource, 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% |
CSL Carlisle Companies Incorporated | 0.60% | 1.02% | 1.09% | 0.86% | 1.31% | 1.11% | 1.53% | 1.27% | 1.18% | 1.24% | 1.04% | 1.06% |
MAS Masco Corporation | 1.47% | 1.73% | 2.40% | 1.22% | 1.27% | 1.03% | 1.49% | 0.92% | 1.22% | 0.66% | 0.01% | 0.01% |
OC Owens Corning | 1.26% | 1.40% | 1.64% | 1.15% | 1.27% | 1.35% | 1.43% | 0.88% | 1.44% | 1.45% | 1.79% | 0.00% |
WMS Advanced Drainage Systems, Inc. | 0.46% | 0.38% | 0.57% | 0.31% | 0.43% | 3.48% | 1.28% | 1.13% | 1.12% | 0.79% | 0.17% | 0.00% |
FBIN Fortune Brands Innovations Inc. | 1.25% | 1.21% | 1.68% | 0.97% | 1.12% | 1.35% | 2.11% | 1.05% | 1.20% | 1.01% | 1.06% | 0.66% |
TREX Trex Company, 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% |
AAON AAON, Inc. | 0.23% | 0.43% | 0.57% | 0.48% | 0.57% | 0.65% | 0.91% | 0.71% | 0.73% | 0.95% | 0.79% | 0.52% |
LPX Louisiana-Pacific Corporation | 0.69% | 1.36% | 1.49% | 0.87% | 1.56% | 1.82% | 2.34% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPXC SPX Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 2.02% | 1.75% | 1.00% |
AWI Armstrong World Industries, Inc. | 0.74% | 1.06% | 1.38% | 0.74% | 1.09% | 0.77% | 0.30% | 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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Building Euipment & Products. 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 Building Euipment & Products was 34.43%, occurring on Jun 17, 2022. Recovery took 256 trading sessions.
The current Building Euipment & Products drawdown is 1.71%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -34.43% | Jan 3, 2022 | 116 | Jun 17, 2022 | 256 | Jun 27, 2023 | 372 |
| -19.23% | Aug 2, 2023 | 60 | Oct 25, 2023 | 30 | Dec 7, 2023 | 90 |
| -11.29% | Jun 8, 2020 | 4 | Jun 11, 2020 | 23 | Jul 15, 2020 | 27 |
| -10.27% | May 11, 2021 | 28 | Jun 18, 2021 | 37 | Aug 11, 2021 | 65 |
| -9.86% | Apr 30, 2020 | 10 | May 13, 2020 | 3 | May 18, 2020 | 13 |
Volatility
Volatility Chart
The current Building Euipment & Products volatility is 5.74%, 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
| AAON | LPX | TREX | SPXC | WMS | CSL | AWI | CARR | TT | LII | JCI | BLDR | MAS | OC | FBIN | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AAON | 1.00 | 0.44 | 0.47 | 0.59 | 0.49 | 0.48 | 0.49 | 0.56 | 0.57 | 0.58 | 0.55 | 0.49 | 0.49 | 0.50 | 0.50 |
| LPX | 0.44 | 1.00 | 0.57 | 0.51 | 0.55 | 0.54 | 0.54 | 0.50 | 0.48 | 0.51 | 0.54 | 0.68 | 0.61 | 0.65 | 0.64 |
| TREX | 0.47 | 0.57 | 1.00 | 0.47 | 0.58 | 0.48 | 0.56 | 0.49 | 0.47 | 0.54 | 0.50 | 0.64 | 0.68 | 0.63 | 0.69 |
| SPXC | 0.59 | 0.51 | 0.47 | 1.00 | 0.53 | 0.57 | 0.57 | 0.56 | 0.58 | 0.55 | 0.62 | 0.53 | 0.53 | 0.58 | 0.57 |
| WMS | 0.49 | 0.55 | 0.58 | 0.53 | 1.00 | 0.57 | 0.56 | 0.53 | 0.52 | 0.54 | 0.55 | 0.62 | 0.56 | 0.61 | 0.62 |
| CSL | 0.48 | 0.54 | 0.48 | 0.57 | 0.57 | 1.00 | 0.60 | 0.54 | 0.60 | 0.56 | 0.61 | 0.55 | 0.56 | 0.64 | 0.59 |
| AWI | 0.49 | 0.54 | 0.56 | 0.57 | 0.56 | 0.60 | 1.00 | 0.52 | 0.54 | 0.59 | 0.55 | 0.57 | 0.61 | 0.66 | 0.64 |
| CARR | 0.56 | 0.50 | 0.49 | 0.56 | 0.53 | 0.54 | 0.52 | 1.00 | 0.70 | 0.64 | 0.68 | 0.55 | 0.58 | 0.58 | 0.60 |
| TT | 0.57 | 0.48 | 0.47 | 0.58 | 0.52 | 0.60 | 0.54 | 0.70 | 1.00 | 0.68 | 0.73 | 0.55 | 0.58 | 0.59 | 0.58 |
| LII | 0.58 | 0.51 | 0.54 | 0.55 | 0.54 | 0.56 | 0.59 | 0.64 | 0.68 | 1.00 | 0.64 | 0.56 | 0.62 | 0.61 | 0.63 |
| JCI | 0.55 | 0.54 | 0.50 | 0.62 | 0.55 | 0.61 | 0.55 | 0.68 | 0.73 | 0.64 | 1.00 | 0.56 | 0.59 | 0.61 | 0.61 |
| BLDR | 0.49 | 0.68 | 0.64 | 0.53 | 0.62 | 0.55 | 0.57 | 0.55 | 0.55 | 0.56 | 0.56 | 1.00 | 0.66 | 0.74 | 0.72 |
| MAS | 0.49 | 0.61 | 0.68 | 0.53 | 0.56 | 0.56 | 0.61 | 0.58 | 0.58 | 0.62 | 0.59 | 0.66 | 1.00 | 0.70 | 0.83 |
| OC | 0.50 | 0.65 | 0.63 | 0.58 | 0.61 | 0.64 | 0.66 | 0.58 | 0.59 | 0.61 | 0.61 | 0.74 | 0.70 | 1.00 | 0.76 |
| FBIN | 0.50 | 0.64 | 0.69 | 0.57 | 0.62 | 0.59 | 0.64 | 0.60 | 0.58 | 0.63 | 0.61 | 0.72 | 0.83 | 0.76 | 1.00 |