moat
Asset Allocation
Position | Category/Sector | Weight |
---|---|---|
AJG Arthur J. Gallagher & Co. | Financial Services | 7.14% |
AMZN Amazon.com, Inc. | Consumer Cyclical | 7.14% |
AXON Axon Enterprise, Inc. | Industrials | 7.14% |
CDNS Cadence Design Systems, Inc. | Technology | 7.14% |
CTAS Cintas Corporation | Industrials | 7.14% |
LLY Eli Lilly and Company | Healthcare | 7.14% |
MCD McDonald's Corporation | Consumer Cyclical | 7.14% |
MOH Molina Healthcare, Inc. | Healthcare | 7.14% |
NVDA NVIDIA Corporation | Technology | 7.14% |
PGR The Progressive Corporation | Financial Services | 7.14% |
TJX The TJX Companies, Inc. | Consumer Cyclical | 7.14% |
UNH UnitedHealth Group Incorporated | Healthcare | 7.14% |
V Visa Inc. | Financial Services | 7.14% |
VICI VICI Properties Inc. | Real Estate | 7.14% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in moat, 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 Oct 18, 2017, corresponding to the inception date of VICI
Returns By Period
Year-To-Date | 1 month | 6 months | 1 year | 5 years (annualized) | 10 years (annualized) | |
---|---|---|---|---|---|---|
^GSPC S&P 500 | 13.39% | 4.02% | 5.56% | 21.51% | 12.69% | 10.55% |
moat | 27.11% | 3.59% | 11.27% | 39.41% | 31.79% | N/A |
Portfolio components: | ||||||
AJG Arthur J. Gallagher & Co. | 31.72% | 4.22% | 17.40% | 30.10% | 28.48% | 22.87% |
AXON Axon Enterprise, Inc. | 37.27% | -3.76% | 13.37% | 65.16% | 43.00% | 35.40% |
CTAS Cintas Corporation | 29.94% | 4.25% | 25.16% | 58.26% | 25.46% | 28.44% |
LLY Eli Lilly and Company | 55.61% | 6.94% | 18.81% | 54.96% | 54.31% | 32.86% |
MCD McDonald's Corporation | -0.59% | 7.38% | 0.19% | 6.20% | 8.42% | 15.22% |
MOH Molina Healthcare, Inc. | -9.36% | -2.79% | -16.59% | 2.19% | 22.59% | 21.47% |
NVDA NVIDIA Corporation | 107.67% | -2.04% | 17.49% | 125.69% | 87.33% | 71.69% |
PGR The Progressive Corporation | 57.07% | 13.89% | 25.46% | 84.41% | 29.52% | 29.11% |
TJX The TJX Companies, Inc. | 24.57% | 5.55% | 21.43% | 28.25% | 16.86% | 16.14% |
UNH UnitedHealth Group Incorporated | 14.30% | 5.41% | 25.78% | 25.60% | 22.82% | 22.93% |
V Visa Inc. | 7.92% | 7.74% | 0.15% | 13.86% | 9.79% | 18.83% |
CDNS Cadence Design Systems, Inc. | -9.12% | -7.88% | -19.79% | 4.00% | 29.41% | 30.11% |
VICI VICI Properties Inc. | 8.10% | 7.10% | 18.35% | 13.48% | 14.69% | N/A |
AMZN Amazon.com, Inc. | 12.80% | 3.37% | -2.26% | 23.99% | 13.39% | 26.44% |
Monthly Returns
The table below presents the monthly returns of moat, 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 | 3.62% | 8.89% | 3.87% | -4.63% | 2.93% | 3.88% | 2.59% | 6.68% | 27.11% | ||||
2023 | 7.06% | -0.94% | 6.02% | 3.02% | 1.85% | 6.26% | 0.46% | 4.42% | -3.13% | 2.39% | 8.16% | 2.33% | 44.36% |
2022 | -7.39% | -1.20% | 6.10% | -7.14% | 0.49% | -4.49% | 12.44% | -2.99% | -5.54% | 9.95% | 7.22% | -5.17% | -0.34% |
2021 | -0.03% | 2.80% | 0.97% | 7.06% | -0.42% | 5.91% | 2.64% | 2.44% | -4.58% | 8.00% | 0.51% | 5.37% | 34.44% |
2020 | 3.55% | -4.16% | -8.26% | 12.10% | 8.18% | 4.69% | 5.29% | 6.32% | -0.22% | -3.13% | 10.77% | 5.00% | 45.46% |
2019 | 9.22% | 4.99% | 4.18% | 3.58% | -2.20% | 4.21% | 1.88% | -1.82% | -1.93% | 2.01% | 7.49% | 2.96% | 39.65% |
2018 | 8.12% | -1.29% | 0.12% | 3.97% | 7.39% | 1.80% | 4.87% | 9.01% | 1.43% | -6.27% | -0.70% | -8.38% | 20.11% |
2017 | 1.32% | 5.96% | -0.08% | 7.27% |
Expense Ratio
moat 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 risk-adjusted rank of moat is 97, placing it in the top 3% 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 | |
---|---|---|---|---|---|
AJG Arthur J. Gallagher & Co. | 1.71 | 2.18 | 1.31 | 2.38 | 6.60 |
AXON Axon Enterprise, Inc. | 1.93 | 3.35 | 1.40 | 3.97 | 10.60 |
CTAS Cintas Corporation | 3.06 | 4.52 | 1.62 | 6.83 | 23.68 |
LLY Eli Lilly and Company | 2.04 | 2.80 | 1.37 | 3.32 | 11.65 |
MCD McDonald's Corporation | 0.44 | 0.73 | 1.09 | 0.45 | 0.91 |
MOH Molina Healthcare, Inc. | 0.18 | 0.48 | 1.06 | 0.17 | 0.37 |
NVDA NVIDIA Corporation | 2.32 | 2.82 | 1.35 | 4.38 | 14.41 |
PGR The Progressive Corporation | 4.06 | 5.39 | 1.72 | 9.72 | 36.48 |
TJX The TJX Companies, Inc. | 1.70 | 2.45 | 1.31 | 3.38 | 8.48 |
UNH UnitedHealth Group Incorporated | 1.22 | 1.81 | 1.24 | 1.36 | 3.69 |
V Visa Inc. | 0.95 | 1.32 | 1.17 | 1.16 | 2.83 |
CDNS Cadence Design Systems, Inc. | 0.01 | 0.23 | 1.03 | 0.01 | 0.04 |
VICI VICI Properties Inc. | 0.71 | 1.13 | 1.14 | 0.76 | 1.75 |
AMZN Amazon.com, Inc. | 0.92 | 1.41 | 1.18 | 0.74 | 4.01 |
Dividends
Dividend yield
moat granted a 0.87% dividend yield in the last twelve months.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
moat | 0.87% | 0.92% | 0.93% | 1.32% | 1.13% | 1.32% | 1.30% | 0.89% | 1.10% | 1.14% | 1.44% | 1.16% |
Portfolio components: | ||||||||||||
AJG Arthur J. Gallagher & Co. | 0.80% | 0.98% | 1.08% | 1.13% | 1.46% | 1.81% | 2.23% | 2.47% | 2.93% | 3.62% | 3.06% | 2.98% |
AXON Axon Enterprise, 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% |
CTAS Cintas Corporation | 0.18% | 0.21% | 0.23% | 0.19% | 0.20% | 0.24% | 0.31% | 0.26% | 0.29% | 0.29% | 0.54% | 0.32% |
LLY Eli Lilly and Company | 0.56% | 0.78% | 1.07% | 1.23% | 1.75% | 1.96% | 1.94% | 2.46% | 2.77% | 2.37% | 2.84% | 3.84% |
MCD McDonald's Corporation | 2.31% | 2.10% | 2.15% | 1.96% | 2.35% | 2.39% | 2.36% | 2.23% | 2.97% | 2.91% | 3.50% | 3.22% |
MOH Molina Healthcare, 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% |
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% |
PGR The Progressive Corporation | 0.46% | 0.25% | 0.31% | 6.23% | 2.68% | 3.87% | 1.86% | 1.21% | 2.50% | 2.16% | 5.53% | 1.05% |
TJX The TJX Companies, Inc. | 1.22% | 1.38% | 1.44% | 1.37% | 0.34% | 1.45% | 1.66% | 1.57% | 1.32% | 1.14% | 0.98% | 0.86% |
UNH UnitedHealth Group Incorporated | 0.98% | 1.38% | 1.21% | 1.12% | 1.38% | 1.41% | 1.38% | 1.30% | 1.48% | 1.59% | 1.39% | 1.40% |
V Visa Inc. | 0.74% | 0.72% | 0.76% | 0.62% | 0.56% | 0.56% | 0.67% | 0.61% | 0.75% | 0.64% | 0.64% | 0.62% |
CDNS Cadence Design Systems, 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% |
VICI VICI Properties Inc. | 4.96% | 5.05% | 4.63% | 4.58% | 4.92% | 4.58% | 5.31% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
AMZN Amazon.com, 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.
Worst Drawdowns
The table below displays the maximum drawdowns of the moat. 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 moat was 32.70%, occurring on Mar 23, 2020. Recovery took 49 trading sessions.
The current moat drawdown is 2.83%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-32.7% | Feb 20, 2020 | 23 | Mar 23, 2020 | 49 | Jun 2, 2020 | 72 |
-20.56% | Oct 2, 2018 | 58 | Dec 24, 2018 | 56 | Mar 18, 2019 | 114 |
-19.1% | Dec 28, 2021 | 119 | Jun 16, 2022 | 40 | Aug 15, 2022 | 159 |
-12.71% | Aug 19, 2022 | 26 | Sep 26, 2022 | 41 | Nov 22, 2022 | 67 |
-10.28% | Jan 29, 2018 | 9 | Feb 8, 2018 | 20 | Mar 9, 2018 | 29 |
Volatility
Volatility Chart
The current moat volatility is 3.84%, 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.
Diversification
Asset Correlations Table
LLY | AXON | MOH | VICI | PGR | UNH | MCD | AMZN | NVDA | TJX | AJG | CDNS | V | CTAS | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
LLY | 1.00 | 0.18 | 0.28 | 0.15 | 0.29 | 0.34 | 0.23 | 0.24 | 0.22 | 0.22 | 0.33 | 0.29 | 0.28 | 0.31 |
AXON | 0.18 | 1.00 | 0.16 | 0.29 | 0.16 | 0.13 | 0.18 | 0.40 | 0.42 | 0.30 | 0.27 | 0.44 | 0.35 | 0.37 |
MOH | 0.28 | 0.16 | 1.00 | 0.24 | 0.27 | 0.59 | 0.26 | 0.22 | 0.21 | 0.29 | 0.32 | 0.29 | 0.33 | 0.35 |
VICI | 0.15 | 0.29 | 0.24 | 1.00 | 0.25 | 0.25 | 0.34 | 0.24 | 0.23 | 0.38 | 0.39 | 0.28 | 0.36 | 0.41 |
PGR | 0.29 | 0.16 | 0.27 | 0.25 | 1.00 | 0.33 | 0.33 | 0.18 | 0.18 | 0.30 | 0.52 | 0.24 | 0.37 | 0.38 |
UNH | 0.34 | 0.13 | 0.59 | 0.25 | 0.33 | 1.00 | 0.32 | 0.21 | 0.20 | 0.32 | 0.37 | 0.27 | 0.37 | 0.39 |
MCD | 0.23 | 0.18 | 0.26 | 0.34 | 0.33 | 0.32 | 1.00 | 0.25 | 0.22 | 0.38 | 0.46 | 0.31 | 0.43 | 0.44 |
AMZN | 0.24 | 0.40 | 0.22 | 0.24 | 0.18 | 0.21 | 0.25 | 1.00 | 0.60 | 0.32 | 0.27 | 0.60 | 0.48 | 0.43 |
NVDA | 0.22 | 0.42 | 0.21 | 0.23 | 0.18 | 0.20 | 0.22 | 0.60 | 1.00 | 0.32 | 0.28 | 0.67 | 0.46 | 0.44 |
TJX | 0.22 | 0.30 | 0.29 | 0.38 | 0.30 | 0.32 | 0.38 | 0.32 | 0.32 | 1.00 | 0.39 | 0.34 | 0.44 | 0.49 |
AJG | 0.33 | 0.27 | 0.32 | 0.39 | 0.52 | 0.37 | 0.46 | 0.27 | 0.28 | 0.39 | 1.00 | 0.42 | 0.49 | 0.53 |
CDNS | 0.29 | 0.44 | 0.29 | 0.28 | 0.24 | 0.27 | 0.31 | 0.60 | 0.67 | 0.34 | 0.42 | 1.00 | 0.53 | 0.56 |
V | 0.28 | 0.35 | 0.33 | 0.36 | 0.37 | 0.37 | 0.43 | 0.48 | 0.46 | 0.44 | 0.49 | 0.53 | 1.00 | 0.56 |
CTAS | 0.31 | 0.37 | 0.35 | 0.41 | 0.38 | 0.39 | 0.44 | 0.43 | 0.44 | 0.49 | 0.53 | 0.56 | 0.56 | 1.00 |