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Beta Bottom to Top
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Diversification

Beta Bottom to Top

Last updated Oct 30, 2024

Asset Allocation

APA 4%CZR 4%OVV 4%SQ 4%MRO 4%TRGP 4%XPO 4%CVE 4%WCC 4%ONON 4%ETSY 4%CLF 4%NIO 4%FANG 4%AER 4%RRC 4%ON 4%ZBRA 4%ROKU 4%CELH 4%BILL 4%ALV 4%STM 4%APP 4%NVDA 4%EquityEquity
PositionCategory/SectorWeight
AER
AerCap Holdings N.V.		Industrials
4%
ALV
Autoliv, Inc.		Consumer Cyclical
4%
APA
Apache Corporation		Energy
4%
APP
AppLovin Corporation		Technology
4%
BILL
Bill.com Holdings, Inc.		Technology
4%
CELH
Celsius Holdings, Inc.		Consumer Defensive
4%
CLF
Cleveland-Cliffs Inc.		Basic Materials
4%
CVE
Cenovus Energy Inc.		Energy
4%
CZR
Caesars Entertainment, Inc.		Consumer Cyclical
4%
ETSY
Etsy, Inc.		Consumer Cyclical
4%
FANG
Diamondback Energy, Inc.		Energy
4%
MRO
Marathon Oil Corporation		Energy
4%
NIO
NIO Inc.		Consumer Cyclical
4%
NVDA
NVIDIA Corporation		Technology
4%
ON
ON Semiconductor Corporation		Technology
4%
ONON
On Holding AG		Consumer Cyclical
4%
OVV
Ovintiv Inc.		Energy
4%
ROKU
Roku, Inc.		Communication Services
4%
RRC
Range Resources Corporation		Energy
4%
SQ
Square, Inc.		Technology
4%
STM
4%
TRGP
4%
WCC
4%
XPO
4%
ZBRA
4%

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Beta Bottom to Top, 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

-10.00%-5.00%0.00%5.00%10.00%15.00%MayJuneJulyAugustSeptemberOctober
5.81%
15.83%
Beta Bottom to Top
Benchmark (^GSPC)
Portfolio components

The earliest data available for this chart is Sep 15, 2021, corresponding to the inception date of ONON

Returns By Period

Year-To-Date1 month6 months1 year5 years (annualized)10 years (annualized)
^GSPC
S&P 500		22.29%1.65%15.83%39.98%13.99%11.23%
Beta Bottom to Top12.68%2.83%5.81%30.79%N/AN/A
Portfolio components:
APA
Apache Corporation		-32.79%-4.00%-24.51%-39.22%3.46%-9.38%
CZR
Caesars Entertainment, Inc.		-3.41%8.66%26.41%12.95%0.23%27.16%
OVV
Ovintiv Inc.		-9.92%1.07%-23.35%-16.12%18.06%-6.41%
SQ
Square, Inc.		-5.34%9.33%0.30%86.69%3.59%N/A
MRO
Marathon Oil Corporation		8.50%-2.27%-2.83%-3.06%19.29%-1.53%
TRGP
92.67%12.00%44.95%100.20%N/AN/A
XPO
37.29%7.82%11.90%55.20%N/AN/A
CVE
Cenovus Energy Inc.		1.57%-0.96%-18.20%-11.16%16.38%-2.01%
WCC
3.04%3.64%17.00%40.14%N/AN/A
ONON
On Holding AG		85.06%-2.39%57.20%97.19%N/AN/A
ETSY
Etsy, Inc.		-41.42%-16.91%-30.86%-22.56%1.31%N/A
CLF
Cleveland-Cliffs Inc.		-32.81%7.52%-18.82%-15.20%14.24%2.73%
NIO
NIO Inc.		-38.26%-14.11%18.64%-25.53%31.14%N/A
FANG
Diamondback Energy, Inc.		17.72%2.94%-10.74%17.72%20.59%12.41%
AER
AerCap Holdings N.V.		29.50%0.83%13.91%57.23%10.74%8.33%
RRC
Range Resources Corporation		2.60%0.85%-13.24%-9.49%51.52%-7.12%
ON
ON Semiconductor Corporation		-10.57%0.42%6.47%14.33%29.75%24.65%
ZBRA
40.74%4.36%22.29%83.38%N/AN/A
ROKU
Roku, Inc.		-16.64%2.69%32.52%35.60%-12.33%N/A
CELH
Celsius Holdings, Inc.		-43.09%-4.61%-56.46%-42.19%93.02%69.81%
BILL
Bill.com Holdings, Inc.		-30.51%6.62%-9.08%-36.80%N/AN/A
ALV
Autoliv, Inc.		-11.27%0.69%-18.86%7.88%6.96%6.37%
STM
-41.92%-4.74%-26.50%-22.65%N/AN/A
APP
AppLovin Corporation		332.22%34.83%144.07%368.94%N/AN/A
NVDA
NVIDIA Corporation		185.29%16.35%63.51%243.27%95.48%77.28%

Monthly Returns

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

JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-5.68%12.10%6.65%-5.56%5.04%-4.19%0.60%-0.95%2.06%12.68%
202316.23%-3.08%1.83%-3.28%2.46%13.31%14.84%-4.15%-5.63%-6.91%9.43%5.64%44.00%
2022-9.09%5.12%5.16%-12.71%4.04%-16.57%16.53%-2.14%-14.67%10.24%9.97%-10.15%-19.30%
2021-0.78%11.95%-3.10%-0.87%6.70%

Expense Ratio

Beta Bottom to Top 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.

The portfolio doesn't hold funds that charge fees

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of Beta Bottom to Top is 11, indicating that it is in the bottom 11% of portfolios on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.

The Risk-Adjusted Performance Rank of Beta Bottom to Top is 1111
Combined Rank
The Sharpe Ratio Rank of Beta Bottom to Top is 88Sharpe Ratio Rank
The Sortino Ratio Rank of Beta Bottom to Top is 77Sortino Ratio Rank
The Omega Ratio Rank of Beta Bottom to Top is 77Omega Ratio Rank
The Calmar Ratio Rank of Beta Bottom to Top is 2525Calmar Ratio Rank
The Martin Ratio Rank of Beta Bottom to Top is 99Martin 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.

Beta Bottom to Top
Sharpe ratio
The chart of Sharpe ratio for Beta Bottom to Top, currently valued at 1.41, compared to the broader market0.002.004.006.001.41
Sortino ratio
The chart of Sortino ratio for Beta Bottom to Top, currently valued at 1.97, compared to the broader market-2.000.002.004.006.001.97
Omega ratio
The chart of Omega ratio for Beta Bottom to Top, currently valued at 1.24, compared to the broader market0.801.001.201.401.601.802.001.24
Calmar ratio
The chart of Calmar ratio for Beta Bottom to Top, currently valued at 1.89, compared to the broader market0.005.0010.001.89
Martin ratio
The chart of Martin ratio for Beta Bottom to Top, currently valued at 5.93, compared to the broader market0.0010.0020.0030.0040.0050.0060.005.93
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 3.43, compared to the broader market0.002.004.006.003.43
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 4.52, compared to the broader market-2.000.002.004.006.004.52
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.64, compared to the broader market0.801.001.201.401.601.802.001.64
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 3.17, compared to the broader market0.005.0010.003.17
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 22.22, compared to the broader market0.0010.0020.0030.0040.0050.0060.0022.22
Portfolio components
Sharpe ratioSortino ratioOmega ratioCalmar ratioMartin ratio
APA
Apache Corporation		-1.19-1.720.80-0.76-1.70
CZR
Caesars Entertainment, Inc.		0.350.841.100.210.85
OVV
Ovintiv Inc.		-0.57-0.640.92-0.46-1.06
SQ
Square, Inc.		1.792.411.300.974.65
MRO
Marathon Oil Corporation		-0.16-0.060.99-0.13-0.41
TRGP
4.365.081.6910.0531.21
XPO
1.822.761.333.687.17
CVE
Cenovus Energy Inc.		-0.41-0.400.95-0.32-0.91
WCC
0.911.261.241.353.22
ONON
On Holding AG		2.263.111.352.0413.43
ETSY
Etsy, Inc.		-0.55-0.550.93-0.29-0.89
CLF
Cleveland-Cliffs Inc.		-0.39-0.330.96-0.22-0.53
NIO
NIO Inc.		-0.36-0.100.99-0.27-0.59
FANG
Diamondback Energy, Inc.		0.611.011.130.862.47
AER
AerCap Holdings N.V.		2.783.631.445.3021.09
RRC
Range Resources Corporation		-0.32-0.260.97-0.35-0.60
ON
ON Semiconductor Corporation		-0.210.061.01-0.24-0.71
ZBRA
2.523.431.431.2617.16
ROKU
Roku, Inc.		0.591.251.180.421.02
CELH
Celsius Holdings, Inc.		-0.68-0.830.90-0.60-1.12
BILL
Bill.com Holdings, Inc.		-0.70-0.730.89-0.42-1.04
ALV
Autoliv, Inc.		0.240.501.070.220.45
STM
-0.68-0.770.90-0.53-1.06
APP
AppLovin Corporation		6.395.881.735.4951.87
NVDA
NVIDIA Corporation		4.844.431.589.2029.13

Sharpe Ratio

The current Beta Bottom to Top Sharpe ratio is 1.41. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Compared to the broad market, where average Sharpe ratios range from 2.49 to 3.44, this portfolio's current Sharpe ratio places it in the bottom 25%. This suggests that it may not be performing as well in terms of risk-adjusted returns compared to many other portfolios. The lower performance could be due to either lower returns, higher volatility, or a combination of both. This might indicate that the portfolio requires some fine-tuning. You can use the Portfolio Optimization tool to find an allocation that maximizes the Sharpe ratio.

Use the chart below to compare the Sharpe ratio of Beta Bottom to Top with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio0.001.002.003.00MayJuneJulyAugustSeptemberOctober
1.41
3.43
Beta Bottom to Top
Benchmark (^GSPC)
Portfolio components

Dividends

Dividend yield

Beta Bottom to Top provided a 1.05% dividend yield over the last twelve months.

TTM20232022202120202019201820172016201520142013
Beta Bottom to Top1.05%0.86%0.78%0.33%0.69%1.08%1.00%0.68%0.63%1.58%1.22%0.92%
Portfolio components:
APA
Apache Corporation		4.29%2.79%1.34%0.51%2.29%3.91%3.81%2.37%1.58%2.25%1.52%0.90%
CZR
Caesars Entertainment, 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%
OVV
Ovintiv Inc.		3.09%2.62%1.87%1.39%2.61%1.60%1.04%0.45%0.51%5.50%2.02%3.71%
SQ
Square, 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%
MRO
Marathon Oil Corporation		1.70%1.70%1.18%1.10%1.20%1.47%1.39%1.18%1.16%5.40%2.83%2.04%
TRGP
1.22%2.13%1.90%0.77%4.59%8.92%10.11%7.52%6.49%12.53%2.52%2.33%
XPO
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
CVE
Cenovus Energy Inc.		3.46%2.33%1.80%0.56%0.74%1.57%2.16%1.68%1.00%5.20%4.60%3.23%
WCC
0.91%0.86%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
ONON
On Holding AG		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
ETSY
Etsy, 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%
CLF
Cleveland-Cliffs Inc.		0.00%0.00%0.00%0.00%0.82%3.10%0.00%0.00%0.00%0.00%8.40%2.29%
NIO
NIO 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%
FANG
Diamondback Energy, Inc.		6.13%5.15%6.55%1.62%3.10%0.74%0.40%0.00%0.00%0.00%0.00%0.00%
AER
AerCap Holdings N.V.		0.52%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
RRC
Range Resources Corporation		1.03%1.05%0.64%0.00%0.00%1.65%0.84%0.47%0.23%0.65%0.30%0.19%
ON
ON Semiconductor 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%
ZBRA
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
ROKU
Roku, 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%
CELH
Celsius 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%
BILL
Bill.com 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%
ALV
Autoliv, Inc.		2.83%2.41%3.37%1.82%1.35%2.94%3.02%1.87%2.03%1.78%2.00%2.18%
STM
1.04%0.48%0.82%0.45%0.50%0.89%1.73%1.10%2.33%5.11%4.55%4.25%
APP
AppLovin 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%
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%

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.

-15.00%-10.00%-5.00%0.00%MayJuneJulyAugustSeptemberOctober
-1.01%
-0.54%
Beta Bottom to Top
Benchmark (^GSPC)
Portfolio components

Worst Drawdowns

The table below displays the maximum drawdowns of the Beta Bottom to Top. 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 Beta Bottom to Top was 34.87%, occurring on Sep 26, 2022. Recovery took 199 trading sessions.

The current Beta Bottom to Top drawdown is 1.01%.

Depth

Start

To Bottom

Bottom

To Recover

End

Total

-34.87%Nov 9, 2021221Sep 26, 2022199Jul 13, 2023420
-16.13%Aug 1, 202364Oct 30, 202374Feb 15, 2024138
-15.55%Apr 10, 202481Aug 5, 2024———
-4.31%Sep 17, 20212Sep 20, 20213Sep 23, 20215
-3.73%Sep 28, 20213Sep 30, 20215Oct 7, 20218

Volatility

Volatility Chart

The current Beta Bottom to Top volatility is 3.91%, 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.

2.00%4.00%6.00%8.00%10.00%MayJuneJulyAugustSeptemberOctober
3.91%
2.71%
Beta Bottom to Top
Benchmark (^GSPC)
Portfolio components

Diversification

Asset Correlations Table

The table below displays the correlation coefficients between the individual components of the portfolio, the entire portfolio, and the chosen benchmark.
RRCCELHNIOCVEMROETSYCLFFANGONONAPPROKUNVDAAPATRGPBILLXPOAEROVVALVSTMONWCCZBRASQCZR
RRC1.000.180.210.530.620.150.350.600.180.200.180.200.620.600.200.250.330.670.260.230.260.370.300.260.31
CELH0.181.000.380.190.190.380.310.180.450.440.440.430.250.230.440.370.350.250.360.380.410.380.410.470.44
NIO0.210.381.000.210.170.450.330.190.390.420.480.360.240.240.430.330.330.260.420.460.440.330.440.490.44
CVE0.530.190.211.000.790.130.360.760.200.170.130.200.770.670.200.270.370.770.340.230.260.370.250.230.30
MRO0.620.190.170.791.000.100.370.850.180.140.130.160.840.730.180.260.360.840.300.200.240.340.270.210.30
ETSY0.150.380.450.130.101.000.350.130.490.460.560.410.210.200.570.430.330.180.410.460.450.370.470.620.53
CLF0.350.310.330.360.370.351.000.360.330.320.340.350.380.400.360.390.410.420.380.410.380.500.370.380.43
FANG0.600.180.190.760.850.130.361.000.210.190.180.200.800.700.190.280.360.840.320.240.270.360.260.240.33
ONON0.180.450.390.200.180.490.330.211.000.480.510.440.230.240.510.400.350.240.400.440.440.430.480.550.50
APP0.200.440.420.170.140.460.320.190.481.000.540.540.190.240.580.440.370.220.410.440.450.390.500.580.50
ROKU0.180.440.480.130.130.560.340.180.510.541.000.440.190.190.600.400.370.220.390.440.420.390.520.660.57
NVDA0.200.430.360.200.160.410.350.200.440.540.441.000.190.260.450.500.420.210.410.640.630.450.520.530.43
APA0.620.250.240.770.840.210.380.800.230.190.190.191.000.730.240.290.350.820.350.250.290.380.330.280.35
TRGP0.600.230.240.670.730.200.400.700.240.240.190.260.731.000.250.370.420.720.360.280.300.430.350.290.38
BILL0.200.440.430.200.180.570.360.190.510.580.600.450.240.251.000.410.360.240.400.450.470.410.510.660.54
XPO0.250.370.330.270.260.430.390.280.400.440.400.500.290.370.411.000.500.320.450.480.490.560.530.500.50
AER0.330.350.330.370.360.330.410.360.350.370.370.420.350.420.360.501.000.380.520.470.460.570.460.460.49
OVV0.670.250.260.770.840.180.420.840.240.220.220.210.820.720.240.320.381.000.340.260.290.400.310.290.38
ALV0.260.360.420.340.300.410.380.320.400.410.390.410.350.360.400.450.520.341.000.590.550.540.510.470.52
STM0.230.380.460.230.200.460.410.240.440.440.440.640.250.280.450.480.470.260.591.000.810.540.590.530.52
ON0.260.410.440.260.240.450.380.270.440.450.420.630.290.300.470.490.460.290.550.811.000.560.610.500.53
WCC0.370.380.330.370.340.370.500.360.430.390.390.450.380.430.410.560.570.400.540.540.561.000.560.470.56
ZBRA0.300.410.440.250.270.470.370.260.480.500.520.520.330.350.510.530.460.310.510.590.610.561.000.570.56
SQ0.260.470.490.230.210.620.380.240.550.580.660.530.280.290.660.500.460.290.470.530.500.470.571.000.59
CZR0.310.440.440.300.300.530.430.330.500.500.570.430.350.380.540.500.490.380.520.520.530.560.560.591.00
The correlation results are calculated based on daily price changes starting from Sep 16, 2021