Alpha Year
Asset Allocation
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Alpha Year, 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 15, 2021, corresponding to the inception date of APP
Returns By Period
YTD | 1M | 6M | 1Y | 5Y (annualized) | 10Y (annualized) | |
---|---|---|---|---|---|---|
S&P 500 | 25.76% | 2.84% | 14.58% | 31.82% | 13.85% | 11.34% |
Alpha Year | 52.96% | 10.93% | 23.48% | 61.18% | N/A | N/A |
Portfolio components: | ||||||
Adobe Inc | -13.90% | 5.83% | 15.21% | -16.80% | 10.69% | 21.47% |
AppFolio, Inc. | 47.09% | 17.76% | 10.94% | 34.78% | 17.72% | N/A |
AppLovin Corporation | 724.49% | 90.76% | 298.25% | 741.81% | N/A | N/A |
Arista Networks, Inc. | 70.82% | 0.18% | 32.48% | 83.44% | 52.65% | 36.60% |
Comfort Systems USA, Inc. | 137.42% | 22.94% | 45.43% | 155.29% | 58.07% | 43.03% |
Deckers Outdoor Corporation | 72.14% | 13.11% | 6.28% | 75.67% | 47.04% | 28.43% |
Eli Lilly and Company | 36.10% | -12.63% | -3.00% | 34.04% | 48.40% | 30.19% |
Fabrinet | 18.66% | -10.52% | -8.31% | 38.56% | 30.23% | 30.09% |
Fair Isaac Corporation | 102.23% | 16.43% | 80.71% | 118.96% | 45.09% | 41.78% |
First Citizens BancShares, Inc. | 63.01% | 18.78% | 33.95% | 60.36% | 35.22% | 25.35% |
HubSpot, Inc. | 24.50% | 28.33% | 19.22% | 45.57% | 36.88% | 35.82% |
Jabil Inc. | 4.93% | 6.87% | 11.99% | 16.00% | 28.74% | 21.90% |
Microsoft Corporation | 13.33% | -1.88% | 2.39% | 12.49% | 23.98% | 26.12% |
MongoDB, Inc. | -20.61% | 17.95% | 4.71% | -22.81% | 16.94% | N/A |
New Oriental Education & Technology Group Inc. | -17.99% | -4.46% | -28.27% | -23.30% | -13.10% | 11.09% |
Novo Nordisk A/S | 3.72% | -5.22% | -19.78% | 5.19% | 32.65% | 18.97% |
NVIDIA Corporation | 173.35% | -4.18% | 22.50% | 181.22% | 90.78% | 75.49% |
5.32% | -24.64% | -27.65% | 15.13% | N/A | N/A | |
28.79% | 18.32% | 39.79% | 47.00% | N/A | N/A | |
ServiceNow, Inc. | 47.40% | 9.27% | 61.89% | 53.39% | 29.84% | 32.70% |
-5.10% | 3.35% | 11.73% | 13.17% | N/A | N/A | |
29.46% | -10.14% | -14.04% | 39.20% | N/A | N/A | |
TopBuild Corp. | 4.21% | 9.51% | -5.64% | 32.27% | 28.82% | N/A |
W.W. Grainger, Inc. | 46.67% | 9.98% | 33.39% | 56.69% | 32.42% | 19.45% |
71.50% | 24.92% | 41.22% | 74.72% | N/A | N/A |
Monthly Returns
The table below presents the monthly returns of Alpha Year, 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 | 6.55% | 14.70% | 1.46% | -6.86% | 5.64% | 4.67% | -1.23% | 2.92% | 3.73% | -0.32% | 52.96% | ||
2023 | 12.87% | 2.29% | 8.06% | 4.63% | 8.89% | 12.15% | 6.46% | 6.12% | -3.64% | -0.17% | 13.47% | 5.07% | 106.52% |
2022 | -12.56% | -2.51% | -1.08% | -11.46% | -0.53% | -4.21% | 17.65% | -4.93% | -9.58% | 9.87% | 8.56% | -5.23% | -18.67% |
2021 | -0.88% | 0.22% | 5.13% | -1.24% | 4.71% | -4.51% | 12.46% | 2.29% | 3.43% | 22.70% |
Expense Ratio
Alpha Year 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 Alpha Year is 76, placing it in the top 24% 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 | |
---|---|---|---|---|---|
Adobe Inc | -0.49 | -0.49 | 0.93 | -0.46 | -0.96 |
AppFolio, Inc. | 0.75 | 1.63 | 1.21 | 1.20 | 2.93 |
AppLovin Corporation | 9.81 | 8.34 | 2.03 | 10.84 | 119.96 |
Arista Networks, Inc. | 2.09 | 2.65 | 1.36 | 4.20 | 12.28 |
Comfort Systems USA, Inc. | 3.53 | 3.61 | 1.51 | 9.84 | 26.11 |
Deckers Outdoor Corporation | 1.94 | 2.88 | 1.36 | 3.28 | 7.17 |
Eli Lilly and Company | 1.13 | 1.71 | 1.23 | 1.41 | 4.73 |
Fabrinet | 0.72 | 1.26 | 1.17 | 1.38 | 3.14 |
Fair Isaac Corporation | 3.94 | 4.17 | 1.60 | 7.09 | 23.68 |
First Citizens BancShares, Inc. | 1.71 | 2.70 | 1.36 | 4.17 | 10.33 |
HubSpot, Inc. | 1.25 | 1.77 | 1.23 | 0.97 | 2.82 |
Jabil Inc. | 0.41 | 0.80 | 1.13 | 0.43 | 0.78 |
Microsoft Corporation | 0.64 | 0.94 | 1.12 | 0.81 | 1.88 |
MongoDB, Inc. | -0.42 | -0.27 | 0.96 | -0.36 | -0.62 |
New Oriental Education & Technology Group Inc. | -0.45 | -0.38 | 0.96 | -0.35 | -1.05 |
Novo Nordisk A/S | 0.17 | 0.48 | 1.06 | 0.16 | 0.45 |
NVIDIA Corporation | 3.47 | 3.64 | 1.47 | 6.70 | 21.31 |
0.28 | 0.74 | 1.10 | 0.45 | 1.14 | |
0.91 | 1.42 | 1.22 | 1.20 | 2.13 | |
ServiceNow, Inc. | 1.60 | 2.13 | 1.31 | 2.56 | 8.60 |
0.43 | 0.79 | 1.10 | 0.52 | 0.93 | |
0.96 | 1.33 | 1.21 | 1.19 | 4.02 | |
TopBuild Corp. | 0.79 | 1.36 | 1.17 | 1.17 | 2.46 |
W.W. Grainger, Inc. | 2.65 | 3.77 | 1.48 | 3.93 | 9.78 |
1.73 | 2.66 | 1.32 | 3.50 | 6.79 |
Dividends
Dividend yield
Alpha Year provided a 0.24% dividend yield over the last twelve months.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Portfolio | 0.24% | 0.21% | 0.42% | 0.27% | 0.36% | 0.44% | 0.91% | 0.53% | 1.02% | 0.61% | 0.61% | 0.69% |
Portfolio components: | ||||||||||||
Adobe 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% |
AppFolio, 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% |
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% |
Arista Networks, 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% |
Comfort Systems USA, Inc. | 0.25% | 0.41% | 0.49% | 0.49% | 0.81% | 0.79% | 0.76% | 0.68% | 0.83% | 0.88% | 1.31% | 1.08% |
Deckers Outdoor 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% |
Eli Lilly and Company | 0.66% | 0.78% | 1.07% | 1.23% | 1.75% | 1.96% | 1.95% | 2.46% | 2.77% | 2.37% | 2.84% | 3.84% |
Fabrinet | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Fair Isaac Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% | 0.07% | 0.08% | 0.11% | 0.13% |
First Citizens BancShares, Inc. | 0.30% | 0.27% | 0.28% | 0.23% | 0.29% | 0.30% | 0.38% | 0.31% | 0.34% | 0.46% | 0.47% | 0.54% |
HubSpot, 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% |
Jabil Inc. | 0.24% | 0.25% | 0.47% | 0.45% | 0.75% | 0.77% | 1.29% | 1.22% | 1.35% | 1.37% | 1.47% | 1.83% |
Microsoft Corporation | 0.73% | 0.74% | 1.06% | 0.68% | 0.94% | 1.20% | 1.69% | 1.86% | 2.37% | 2.33% | 2.48% | 2.59% |
MongoDB, 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% |
New Oriental Education & Technology Group Inc. | 0.97% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.46% | 0.00% | 1.28% | 0.00% | 1.11% |
Novo Nordisk A/S | 1.36% | 1.00% | 1.20% | 1.34% | 1.86% | 2.14% | 2.47% | 2.12% | 3.93% | 1.31% | 1.96% | 1.72% |
NVIDIA Corporation | 0.02% | 0.03% | 0.11% | 0.05% | 0.12% | 0.27% | 0.46% | 0.29% | 0.45% | 1.20% | 1.70% | 1.94% |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |
ServiceNow, 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% |
0.59% | 0.54% | 1.15% | 0.69% | 0.74% | 1.41% | 1.59% | 1.36% | 1.55% | 1.76% | 1.17% | 1.02% | |
0.30% | 0.32% | 3.43% | 0.36% | 0.38% | 0.46% | 10.19% | 0.36% | 9.80% | 0.00% | 0.00% | 0.00% | |
TopBuild 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% |
W.W. Grainger, Inc. | 0.66% | 0.88% | 1.22% | 1.23% | 1.45% | 1.68% | 1.90% | 2.14% | 2.08% | 2.27% | 1.64% | 1.41% |
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 Alpha Year. 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 Alpha Year was 33.57%, occurring on May 11, 2022. Recovery took 235 trading sessions.
The current Alpha Year drawdown is 1.13%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-33.57% | Nov 17, 2021 | 121 | May 11, 2022 | 235 | Apr 19, 2023 | 356 |
-12.57% | Jul 17, 2024 | 16 | Aug 7, 2024 | 30 | Sep 19, 2024 | 46 |
-10.04% | Mar 8, 2024 | 30 | Apr 19, 2024 | 18 | May 15, 2024 | 48 |
-8.56% | Sep 5, 2023 | 38 | Oct 26, 2023 | 6 | Nov 3, 2023 | 44 |
-8.49% | Apr 28, 2021 | 11 | May 12, 2021 | 20 | Jun 10, 2021 | 31 |
Volatility
Volatility Chart
The current Alpha Year volatility is 7.42%, 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
EDU | LLY | NVO | FCNCA | GWW | WING | APPF | APP | SAIA | FICO | DECK | SSD | HUBS | FIX | FN | XPO | MDB | BLD | JBL | ADBE | ANET | ONTO | MSFT | NVDA | NOW | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
EDU | 1.00 | 0.06 | 0.10 | 0.18 | 0.09 | 0.20 | 0.17 | 0.25 | 0.21 | 0.13 | 0.21 | 0.13 | 0.17 | 0.15 | 0.17 | 0.21 | 0.20 | 0.21 | 0.21 | 0.18 | 0.18 | 0.22 | 0.19 | 0.22 | 0.19 |
LLY | 0.06 | 1.00 | 0.49 | 0.10 | 0.25 | 0.17 | 0.15 | 0.17 | 0.12 | 0.18 | 0.18 | 0.15 | 0.12 | 0.24 | 0.22 | 0.17 | 0.13 | 0.15 | 0.17 | 0.23 | 0.26 | 0.17 | 0.31 | 0.23 | 0.21 |
NVO | 0.10 | 0.49 | 1.00 | 0.13 | 0.22 | 0.19 | 0.19 | 0.20 | 0.22 | 0.24 | 0.24 | 0.17 | 0.22 | 0.23 | 0.22 | 0.23 | 0.22 | 0.21 | 0.21 | 0.30 | 0.27 | 0.23 | 0.32 | 0.26 | 0.31 |
FCNCA | 0.18 | 0.10 | 0.13 | 1.00 | 0.35 | 0.24 | 0.32 | 0.27 | 0.37 | 0.32 | 0.34 | 0.45 | 0.26 | 0.45 | 0.37 | 0.42 | 0.26 | 0.42 | 0.42 | 0.25 | 0.25 | 0.37 | 0.30 | 0.31 | 0.30 |
GWW | 0.09 | 0.25 | 0.22 | 0.35 | 1.00 | 0.28 | 0.28 | 0.27 | 0.43 | 0.39 | 0.37 | 0.53 | 0.25 | 0.56 | 0.39 | 0.44 | 0.25 | 0.49 | 0.44 | 0.34 | 0.37 | 0.37 | 0.35 | 0.28 | 0.34 |
WING | 0.20 | 0.17 | 0.19 | 0.24 | 0.28 | 1.00 | 0.38 | 0.42 | 0.33 | 0.41 | 0.43 | 0.34 | 0.40 | 0.36 | 0.33 | 0.38 | 0.41 | 0.38 | 0.35 | 0.39 | 0.40 | 0.40 | 0.39 | 0.43 | 0.45 |
APPF | 0.17 | 0.15 | 0.19 | 0.32 | 0.28 | 0.38 | 1.00 | 0.44 | 0.32 | 0.42 | 0.37 | 0.37 | 0.51 | 0.34 | 0.37 | 0.33 | 0.46 | 0.39 | 0.37 | 0.45 | 0.43 | 0.40 | 0.43 | 0.41 | 0.52 |
APP | 0.25 | 0.17 | 0.20 | 0.27 | 0.27 | 0.42 | 0.44 | 1.00 | 0.35 | 0.41 | 0.38 | 0.32 | 0.54 | 0.35 | 0.38 | 0.38 | 0.56 | 0.36 | 0.36 | 0.48 | 0.46 | 0.43 | 0.46 | 0.52 | 0.55 |
SAIA | 0.21 | 0.12 | 0.22 | 0.37 | 0.43 | 0.33 | 0.32 | 0.35 | 1.00 | 0.35 | 0.42 | 0.50 | 0.38 | 0.46 | 0.41 | 0.73 | 0.37 | 0.53 | 0.46 | 0.42 | 0.40 | 0.43 | 0.37 | 0.41 | 0.41 |
FICO | 0.13 | 0.18 | 0.24 | 0.32 | 0.39 | 0.41 | 0.42 | 0.41 | 0.35 | 1.00 | 0.37 | 0.39 | 0.43 | 0.38 | 0.40 | 0.41 | 0.43 | 0.40 | 0.40 | 0.51 | 0.47 | 0.45 | 0.50 | 0.45 | 0.55 |
DECK | 0.21 | 0.18 | 0.24 | 0.34 | 0.37 | 0.43 | 0.37 | 0.38 | 0.42 | 0.37 | 1.00 | 0.47 | 0.41 | 0.43 | 0.45 | 0.44 | 0.43 | 0.50 | 0.46 | 0.42 | 0.44 | 0.45 | 0.41 | 0.44 | 0.45 |
SSD | 0.13 | 0.15 | 0.17 | 0.45 | 0.53 | 0.34 | 0.37 | 0.32 | 0.50 | 0.39 | 0.47 | 1.00 | 0.36 | 0.60 | 0.49 | 0.53 | 0.34 | 0.67 | 0.52 | 0.35 | 0.38 | 0.48 | 0.37 | 0.35 | 0.37 |
HUBS | 0.17 | 0.12 | 0.22 | 0.26 | 0.25 | 0.40 | 0.51 | 0.54 | 0.38 | 0.43 | 0.41 | 0.36 | 1.00 | 0.31 | 0.35 | 0.37 | 0.70 | 0.39 | 0.38 | 0.56 | 0.48 | 0.43 | 0.51 | 0.51 | 0.68 |
FIX | 0.15 | 0.24 | 0.23 | 0.45 | 0.56 | 0.36 | 0.34 | 0.35 | 0.46 | 0.38 | 0.43 | 0.60 | 0.31 | 1.00 | 0.52 | 0.47 | 0.31 | 0.57 | 0.53 | 0.33 | 0.49 | 0.51 | 0.40 | 0.40 | 0.37 |
FN | 0.17 | 0.22 | 0.22 | 0.37 | 0.39 | 0.33 | 0.37 | 0.38 | 0.41 | 0.40 | 0.45 | 0.49 | 0.35 | 0.52 | 1.00 | 0.43 | 0.39 | 0.46 | 0.61 | 0.41 | 0.56 | 0.61 | 0.46 | 0.50 | 0.42 |
XPO | 0.21 | 0.17 | 0.23 | 0.42 | 0.44 | 0.38 | 0.33 | 0.38 | 0.73 | 0.41 | 0.44 | 0.53 | 0.37 | 0.47 | 0.43 | 1.00 | 0.38 | 0.54 | 0.49 | 0.41 | 0.43 | 0.48 | 0.42 | 0.46 | 0.43 |
MDB | 0.20 | 0.13 | 0.22 | 0.26 | 0.25 | 0.41 | 0.46 | 0.56 | 0.37 | 0.43 | 0.43 | 0.34 | 0.70 | 0.31 | 0.39 | 0.38 | 1.00 | 0.41 | 0.42 | 0.58 | 0.51 | 0.47 | 0.56 | 0.53 | 0.70 |
BLD | 0.21 | 0.15 | 0.21 | 0.42 | 0.49 | 0.38 | 0.39 | 0.36 | 0.53 | 0.40 | 0.50 | 0.67 | 0.39 | 0.57 | 0.46 | 0.54 | 0.41 | 1.00 | 0.53 | 0.40 | 0.40 | 0.49 | 0.42 | 0.42 | 0.40 |
JBL | 0.21 | 0.17 | 0.21 | 0.42 | 0.44 | 0.35 | 0.37 | 0.36 | 0.46 | 0.40 | 0.46 | 0.52 | 0.38 | 0.53 | 0.61 | 0.49 | 0.42 | 0.53 | 1.00 | 0.44 | 0.55 | 0.61 | 0.49 | 0.56 | 0.46 |
ADBE | 0.18 | 0.23 | 0.30 | 0.25 | 0.34 | 0.39 | 0.45 | 0.48 | 0.42 | 0.51 | 0.42 | 0.35 | 0.56 | 0.33 | 0.41 | 0.41 | 0.58 | 0.40 | 0.44 | 1.00 | 0.56 | 0.49 | 0.71 | 0.60 | 0.71 |
ANET | 0.18 | 0.26 | 0.27 | 0.25 | 0.37 | 0.40 | 0.43 | 0.46 | 0.40 | 0.47 | 0.44 | 0.38 | 0.48 | 0.49 | 0.56 | 0.43 | 0.51 | 0.40 | 0.55 | 0.56 | 1.00 | 0.58 | 0.63 | 0.63 | 0.61 |
ONTO | 0.22 | 0.17 | 0.23 | 0.37 | 0.37 | 0.40 | 0.40 | 0.43 | 0.43 | 0.45 | 0.45 | 0.48 | 0.43 | 0.51 | 0.61 | 0.48 | 0.47 | 0.49 | 0.61 | 0.49 | 0.58 | 1.00 | 0.52 | 0.66 | 0.51 |
MSFT | 0.19 | 0.31 | 0.32 | 0.30 | 0.35 | 0.39 | 0.43 | 0.46 | 0.37 | 0.50 | 0.41 | 0.37 | 0.51 | 0.40 | 0.46 | 0.42 | 0.56 | 0.42 | 0.49 | 0.71 | 0.63 | 0.52 | 1.00 | 0.64 | 0.66 |
NVDA | 0.22 | 0.23 | 0.26 | 0.31 | 0.28 | 0.43 | 0.41 | 0.52 | 0.41 | 0.45 | 0.44 | 0.35 | 0.51 | 0.40 | 0.50 | 0.46 | 0.53 | 0.42 | 0.56 | 0.60 | 0.63 | 0.66 | 0.64 | 1.00 | 0.59 |
NOW | 0.19 | 0.21 | 0.31 | 0.30 | 0.34 | 0.45 | 0.52 | 0.55 | 0.41 | 0.55 | 0.45 | 0.37 | 0.68 | 0.37 | 0.42 | 0.43 | 0.70 | 0.40 | 0.46 | 0.71 | 0.61 | 0.51 | 0.66 | 0.59 | 1.00 |