PortfoliosLab logo
PortfoliosLab logo
Tools
Portfolios
Screeners
Discussions
Alpha Year
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Diversification

Alpha Year

Currency in USD · Last updated May 23, 2025

Asset Allocation

ADBE 4%APPF 4%APP 4%ANET 4%FIX 4%DECK 4%LLY 4%FN 4%FICO 4%FCNCA 4%HUBS 4%JBL 4%MSFT 4%MDB 4%EDU 4%NVO 4%NVDA 4%ONTO 4%SAIA 4%NOW 4%SSD 4%WING 4%BLD 4%GWW 4%XPO 4%EquityEquity
PositionCategory/SectorTarget Weight
ADBE
Adobe Inc		Technology
4%
ANET
Arista Networks, Inc.		Technology
4%
APP
AppLovin Corporation		Technology
4%
APPF
AppFolio, Inc.		Technology
4%
BLD
TopBuild Corp.		Industrials
4%
DECK
Deckers Outdoor Corporation		Consumer Cyclical
4%
EDU
New Oriental Education & Technology Group Inc.		Consumer Defensive
4%
FCNCA
First Citizens BancShares, Inc.		Financial Services
4%
FICO
Fair Isaac Corporation		Technology
4%
FIX
Comfort Systems USA, Inc.		Industrials
4%
FN
Fabrinet		Technology
4%
GWW
W.W. Grainger, Inc.		Industrials
4%
HUBS
HubSpot, Inc.		Technology
4%
JBL
Jabil Inc.		Technology
4%
LLY
Eli Lilly and Company		Healthcare
4%
MDB
MongoDB, Inc.		Technology
4%
MSFT
Microsoft Corporation		Technology
4%
NOW
ServiceNow, Inc.		Technology
4%
NVDA
NVIDIA Corporation		Technology
4%
NVO
Novo Nordisk A/S		Healthcare
4%
ONTO
Onto Innovation Inc.		Technology
4%
SAIA
Saia, Inc.		Industrials
4%
SSD
Simpson Manufacturing Co., Inc.		Industrials
4%
WING
Wingstop Inc.		Consumer Cyclical
4%
XPO
XPO Logistics, Inc.		Industrials
4%

S&P 500

Performance

Performance Chart

Loading data...

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

Returns By Period

YTD1M6M1Y5Y*10Y*
^GSPC
S&P 500		-0.67%10.48%-1.79%10.08%14.60%10.64%
Alpha Year-9.16%15.18%-13.78%4.75%N/AN/A
Portfolio components:
ADBE
Adobe Inc		-6.83%18.41%-17.86%-14.38%1.47%17.87%
APPF
AppFolio, Inc.		-15.56%-5.43%-12.00%-12.17%8.33%N/A
APP
AppLovin Corporation		8.54%47.86%10.44%339.34%N/AN/A
ANET
Arista Networks, Inc.		-16.26%34.79%-8.58%16.98%46.41%35.91%
FIX
Comfort Systems USA, Inc.		9.24%35.95%-5.45%41.14%69.62%36.15%
DECK
Deckers Outdoor Corporation		-37.91%18.48%-30.69%-15.28%33.38%26.19%
LLY
Eli Lilly and Company		-7.01%-13.40%-4.27%-10.31%38.06%27.69%
FN
Fabrinet		3.81%28.85%-0.77%-2.55%29.50%28.44%
FICO
Fair Isaac Corporation		-14.60%-9.21%-27.27%24.42%34.28%34.41%
FCNCA
First Citizens BancShares, Inc.		-12.79%6.14%-20.65%3.79%39.33%22.82%
HUBS
HubSpot, Inc.		-9.90%15.87%-12.81%2.44%26.44%27.99%
JBL
Jabil Inc.		14.84%23.97%26.50%40.03%42.14%22.03%
MSFT
Microsoft Corporation		8.33%24.23%10.59%6.46%20.94%27.31%
MDB
MongoDB, Inc.		-19.00%23.94%-40.22%-47.80%-3.06%N/A
EDU
New Oriental Education & Technology Group Inc.		-26.83%5.79%-18.63%-40.72%-16.01%7.10%
NVO
Novo Nordisk A/S		-19.47%13.79%-32.51%-48.12%17.94%11.21%
NVDA
NVIDIA Corporation		-1.08%34.32%-9.42%39.93%71.34%74.59%
ONTO
Onto Innovation Inc.		-43.10%-16.97%-43.05%-58.57%24.43%20.03%
SAIA
Saia, Inc.		-41.18%-19.09%-51.19%-28.95%20.98%20.26%
NOW
ServiceNow, Inc.		-4.18%32.46%-2.99%31.78%21.23%29.14%
SSD
Simpson Manufacturing Co., Inc.		-5.91%4.99%-13.92%-9.13%16.61%17.92%
WING
Wingstop Inc.		13.24%52.88%-4.90%-14.86%23.82%N/A
BLD
TopBuild Corp.		-9.83%-2.60%-22.28%-30.20%20.51%N/A
GWW
W.W. Grainger, Inc.		2.71%8.17%-9.36%12.75%31.31%17.85%
XPO
XPO Logistics, Inc.		-9.43%23.19%-20.65%12.58%35.36%21.18%
*Annualized

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.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
20252.02%-7.59%-11.44%2.42%6.22%-9.16%
20246.55%14.70%1.46%-6.86%5.64%4.67%-1.23%2.92%3.73%-0.32%14.94%-7.21%43.17%
202312.87%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%, 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

The current rank of Alpha Year is 9, meaning it’s performing worse than 91% of other 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 Alpha Year is 99
Overall Rank
The Sharpe Ratio Rank of Alpha Year is 1010
Sharpe Ratio Rank
The Sortino Ratio Rank of Alpha Year is 99
Sortino Ratio Rank
The Omega Ratio Rank of Alpha Year is 99
Omega Ratio Rank
The Calmar Ratio Rank of Alpha Year is 99
Calmar Ratio Rank
The Martin Ratio Rank of Alpha Year is 88
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
ADBE
Adobe Inc		-0.39-0.310.95-0.29-0.68
APPF
AppFolio, Inc.		-0.30-0.220.97-0.50-0.93
APP
AppLovin Corporation		3.723.441.495.5413.90
ANET
Arista Networks, Inc.		0.320.731.110.320.82
FIX
Comfort Systems USA, Inc.		0.711.251.190.972.34
DECK
Deckers Outdoor Corporation		-0.31-0.150.98-0.30-0.62
LLY
Eli Lilly and Company		-0.27-0.040.99-0.32-0.61
FN
Fabrinet		-0.040.411.06-0.04-0.08
FICO
Fair Isaac Corporation		0.660.821.120.591.29
FCNCA
First Citizens BancShares, Inc.		0.100.471.070.140.36
HUBS
HubSpot, Inc.		0.060.361.050.030.07
JBL
Jabil Inc.		1.001.441.211.003.05
MSFT
Microsoft Corporation		0.250.621.080.330.73
MDB
MongoDB, Inc.		-0.73-0.860.87-0.65-1.42
EDU
New Oriental Education & Technology Group Inc.		-0.75-0.960.88-0.56-1.38
NVO
Novo Nordisk A/S		-1.13-1.630.79-0.80-1.43
NVDA
NVIDIA Corporation		0.671.261.161.092.67
ONTO
Onto Innovation Inc.		-0.81-1.080.85-0.93-1.97
SAIA
Saia, Inc.		-0.46-0.370.95-0.54-1.33
NOW
ServiceNow, Inc.		0.731.281.180.812.23
SSD
Simpson Manufacturing Co., Inc.		-0.30-0.210.98-0.26-0.69
WING
Wingstop Inc.		-0.30-0.110.98-0.31-0.56
BLD
TopBuild Corp.		-0.71-0.910.89-0.72-1.16
GWW
W.W. Grainger, Inc.		0.551.041.130.571.32
XPO
XPO Logistics, Inc.		0.250.601.070.180.42

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.

Alpha Year Sharpe ratios as of May 23, 2025 (values are recalculated daily):

  • 1-Year: 0.16
  • All Time: 1.01

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 0.47 to 0.99, this portfolio's current Sharpe ratio places it in the bottom 25%. This suggests weaker risk-adjusted returns than most portfolios, possibly due to lower returns, higher volatility, or both. It may be worth reviewing the allocation. You can use the Portfolio Optimization tool to explore options for improving the Sharpe ratio.

The chart below shows the rolling Sharpe ratio of Alpha Year 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.

Loading data...

Dividends

Dividend yield

Alpha Year provided a 0.31% dividend yield over the last twelve months.

TTM20242023202220212020201920182017201620152014
Portfolio0.31%0.26%0.21%0.42%0.27%0.51%0.44%0.91%0.53%1.02%0.61%0.61%
Portfolio components:
ADBE
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%
APPF
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%
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%
ANET
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%
FIX
Comfort Systems USA, Inc.		0.32%0.28%0.41%0.49%0.49%0.81%0.79%0.76%0.68%0.83%0.88%1.31%
DECK
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%
LLY
Eli Lilly and Company		0.78%0.67%0.78%1.07%1.23%1.75%1.96%1.95%2.46%2.77%2.37%2.84%
FN
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%
FICO
Fair Isaac Corporation		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.01%0.07%0.08%0.11%
FCNCA
First Citizens BancShares, Inc.		0.39%0.33%0.27%0.28%0.23%0.29%0.30%0.38%0.31%0.34%0.46%0.47%
HUBS
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%
JBL
Jabil Inc.		0.19%0.22%0.25%0.47%0.45%0.75%0.77%1.29%1.22%1.35%1.37%1.47%
MSFT
Microsoft Corporation		0.71%0.73%0.74%1.06%0.68%0.94%1.20%1.69%1.86%2.37%2.33%2.48%
MDB
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%
EDU
New Oriental Education & Technology Group Inc.		1.24%0.90%0.00%0.00%0.00%0.00%0.00%0.00%0.46%0.00%1.28%0.00%
NVO
Novo Nordisk A/S		2.37%1.68%0.99%1.18%1.34%1.86%2.12%2.46%2.13%3.94%1.31%1.96%
NVDA
NVIDIA Corporation		0.02%0.02%0.03%0.11%0.05%0.12%0.27%0.46%0.29%0.45%1.20%1.70%
ONTO
Onto Innovation 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%
SAIA
Saia, 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%
NOW
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%
SSD
Simpson Manufacturing Co., Inc.		0.72%0.66%0.54%1.15%0.69%0.74%1.41%1.59%1.36%1.55%1.76%1.17%
WING
Wingstop Inc.		0.34%0.34%0.32%3.43%0.36%4.04%0.46%10.19%0.36%9.80%0.00%0.00%
BLD
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%
GWW
W.W. Grainger, Inc.		0.78%0.76%0.88%1.22%1.23%1.45%1.68%1.90%2.14%2.08%2.27%1.64%
XPO
XPO Logistics, 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.

Loading data...

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 18.42%.

Depth

Start

To Bottom

Bottom

To Recover

End

Total

-33.57%Nov 17, 2021121May 11, 2022235Apr 19, 2023356
-32.72%Dec 9, 202482Apr 8, 2025———
-12.57%Jul 17, 202416Aug 7, 202430Sep 19, 202446
-10.04%Mar 8, 202430Apr 19, 202418May 15, 202448
-8.56%Sep 5, 202338Oct 26, 20236Nov 3, 202344

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.

Loading data...

Diversification

Diversification Metrics

Number of Effective Assets

The portfolio contains 25 assets, with an effective number of assets of 25.00, 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.
^GSPCEDULLYNVOFCNCAWINGGWWAPPFAPPSAIADECKFICOSSDFNHUBSMDBXPOBLDFIXADBEJBLANETONTOMSFTNVDANOWPortfolio
^GSPC1.000.240.360.340.530.470.570.520.550.540.560.590.610.600.550.550.600.630.630.700.680.670.650.780.710.670.86
EDU0.241.000.070.110.180.190.110.180.230.180.200.130.140.170.170.200.200.210.150.190.210.180.220.190.220.190.34
LLY0.360.071.000.490.130.200.270.170.170.140.200.210.170.220.150.150.190.170.270.250.210.270.180.300.240.220.32
NVO0.340.110.491.000.140.170.210.200.170.220.230.240.190.220.210.210.230.220.230.280.210.250.230.310.250.290.36
FCNCA0.530.180.130.141.000.240.370.320.290.380.360.350.450.370.290.270.430.420.470.270.440.290.390.310.330.330.51
WING0.470.190.200.170.241.000.290.380.420.340.420.420.340.320.400.400.380.380.360.410.340.390.390.380.430.440.57
GWW0.570.110.270.210.370.291.000.310.250.430.370.400.540.370.270.250.440.500.540.360.440.360.360.350.280.340.54
APPF0.520.180.170.200.320.380.311.000.410.340.380.430.380.370.510.450.350.390.350.450.370.420.390.440.410.520.60
APP0.550.230.170.170.290.420.250.411.000.330.380.410.320.380.530.550.380.340.380.480.390.470.450.460.530.540.66
SAIA0.540.180.140.220.380.340.430.340.331.000.430.370.500.400.390.370.730.530.450.420.460.390.440.370.400.420.63
DECK0.560.200.200.230.360.420.370.380.380.431.000.380.470.450.430.430.450.500.460.410.460.460.470.420.440.460.64
FICO0.590.130.210.240.350.420.400.430.410.370.381.000.400.400.460.430.420.410.430.510.410.470.460.490.460.560.64
SSD0.610.140.170.190.450.340.540.380.320.500.470.401.000.470.370.340.520.680.580.370.510.370.470.370.350.370.63
FN0.600.170.220.220.370.320.370.370.380.400.450.400.471.000.360.400.420.440.540.400.610.560.610.450.520.430.66
HUBS0.550.170.150.210.290.400.270.510.530.390.430.460.370.361.000.700.390.390.360.550.400.490.440.520.520.690.68
MDB0.550.200.150.210.270.400.250.450.550.370.430.430.340.400.701.000.390.400.340.580.430.510.470.560.530.690.69
XPO0.600.200.190.230.430.380.440.350.380.730.450.420.520.420.390.391.000.530.470.400.490.430.480.420.450.440.67
BLD0.630.210.170.220.420.380.500.390.340.530.500.410.680.440.390.400.531.000.560.400.520.380.490.420.420.390.66
FIX0.630.150.270.230.470.360.540.350.380.450.460.430.580.540.360.340.470.561.000.340.550.530.540.420.440.410.67
ADBE0.700.190.250.280.270.410.360.450.480.420.410.510.370.400.550.580.400.400.341.000.450.550.480.680.590.690.69
JBL0.680.210.210.210.440.340.440.370.390.460.460.410.510.610.400.430.490.520.550.451.000.560.610.500.570.480.69
ANET0.670.180.270.250.290.390.360.420.470.390.460.470.370.560.490.510.430.380.530.550.561.000.590.620.640.610.72
ONTO0.650.220.180.230.390.390.360.390.450.440.470.460.470.610.440.470.480.490.540.480.610.591.000.520.650.510.73
MSFT0.780.190.300.310.310.380.350.440.460.370.420.490.370.450.520.560.420.420.420.680.500.620.521.000.650.670.70
NVDA0.710.220.240.250.330.430.280.410.530.400.440.460.350.520.520.530.450.420.440.590.570.640.650.651.000.600.74
NOW0.670.190.220.290.330.440.340.520.540.420.460.560.370.430.690.690.440.390.410.690.480.610.510.670.601.000.75
Portfolio0.860.340.320.360.510.570.540.600.660.630.640.640.630.660.680.690.670.660.670.690.690.720.730.700.740.751.00
The correlation results are calculated based on daily price changes starting from Apr 16, 2021