DUMASS

Performance

Risk-Adjusted Performance

Dividends

Drawdowns

Volatility

Diversification

DUMASS

Currency in USD · Last updated May 30, 2025

Asset Allocation

Position	Category/Sector	Target Weight
ARGX argenx SE	Healthcare	6.67%
AZO AutoZone, Inc.	Consumer Cyclical	6.67%
BRK-B Berkshire Hathaway Inc.	Financial Services	6.67%
CASY Casey's General Stores, Inc.	Consumer Defensive	6.67%
HWM Howmet Aerospace Inc.	Industrials	6.67%
ORLY O'Reilly Automotive, Inc.	Consumer Cyclical	6.67%
PALL Aberdeen Standard Physical Palladium Shares ETF	Precious Metals	6.67%
PGR The Progressive Corporation	Financial Services	6.67%
RSG Republic Services, Inc.	Industrials	6.67%
SFM Sprouts Farmers Market, Inc.	Consumer Defensive	6.67%
SNEX StoneX Group Inc.	Financial Services	6.67%
TMUS T-Mobile US, Inc.	Communication Services	6.67%
TPL Texas Pacific Land Corporation	Energy	6.67%
VDE Vanguard Energy ETF	Energy Equities	6.67%
WRB W. R. Berkley Corporation	Financial Services	6.67%

Benchmark

S&P 500

Rebalance

Performance

Performance Chart

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The earliest data available for this chart is May 18, 2017, corresponding to the inception date of ARGX

Returns By Period

	YTD	1M	6M	1Y	5Y*	10Y*
^GSPC S&P 500	0.52%	6.32%	-1.44%	12.25%	14.20%	10.84%
DUMASS	16.83%	-0.53%	5.41%	47.67%	30.44%	N/A
Portfolio components:
SNEX StoneX Group Inc.	28.75%	-6.29%	21.07%	67.11%	29.97%	18.71%
PGR The Progressive Corporation	18.08%	0.36%	6.02%	39.39%	31.61%	29.18%
WRB W. R. Berkley Corporation	26.54%	3.76%	15.13%	45.83%	25.98%	20.14%
CASY Casey's General Stores, Inc.	11.43%	-4.84%	4.88%	36.06%	23.28%	18.25%
SFM Sprouts Farmers Market, Inc.	31.76%	-2.83%	10.17%	111.51%	46.13%	18.58%
HWM Howmet Aerospace Inc.	55.74%	23.78%	45.96%	102.93%	67.45%	N/A
ORLY O'Reilly Automotive, Inc.	14.02%	-3.37%	8.69%	41.15%	26.51%	19.78%
TMUS T-Mobile US, Inc.	8.78%	-0.95%	-2.48%	43.70%	19.63%	20.29%
TPL Texas Pacific Land Corporation	8.47%	-9.92%	-26.63%	99.02%	45.92%	39.19%
AZO AutoZone, Inc.	15.23%	-0.41%	15.66%	34.70%	26.30%	18.54%
RSG Republic Services, Inc.	27.14%	2.72%	17.18%	41.66%	26.17%	22.43%
BRK-B Berkshire Hathaway Inc.	11.67%	-5.31%	4.78%	25.26%	22.22%	13.45%
ARGX argenx SE	-5.54%	-7.71%	-5.47%	53.78%	21.51%	N/A
VDE Vanguard Energy ETF	-4.43%	0.09%	-12.58%	-6.56%	22.15%	4.04%
PALL Aberdeen Standard Physical Palladium Shares ETF	6.79%	3.99%	-0.09%	1.16%	-13.32%	1.77%

*Annualized

Monthly Returns

The table below presents the monthly returns of DUMASS, 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
2025	8.74%	4.99%	1.57%	1.55%	-0.78%								16.83%
2024	2.23%	7.25%	4.97%	-2.77%	4.05%	4.41%	8.04%	3.67%	0.94%	5.39%	11.48%	-9.82%	45.63%
2023	-1.27%	-2.11%	1.72%	1.31%	-5.59%	4.73%	5.13%	2.01%	0.96%	-0.17%	2.61%	1.22%	10.53%
2022	-1.27%	5.09%	6.04%	-3.97%	4.52%	-3.09%	7.44%	1.43%	-4.61%	12.15%	5.21%	-4.68%	25.12%
2021	-2.28%	7.79%	12.75%	3.62%	1.16%	-0.22%	0.05%	0.13%	-4.12%	2.99%	-3.30%	9.60%	30.22%
2020	-1.38%	-2.83%	-16.63%	12.42%	10.55%	1.76%	3.59%	4.04%	-2.74%	-3.30%	13.93%	4.86%	22.37%
2019	7.29%	7.21%	-1.21%	3.81%	-3.53%	8.03%	0.56%	-2.07%	1.07%	1.23%	4.43%	3.52%	33.88%
2018	7.13%	-5.64%	-0.65%	0.02%	3.74%	-0.58%	5.57%	6.81%	1.22%	-4.16%	1.22%	-4.54%	9.49%
2017					-0.10%	-1.99%	2.58%	-0.07%	2.99%	1.07%	8.38%	11.69%	26.49%

Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Expense Ratio

DUMASS has an expense ratio of 0.05%, which is considered low. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.

PALL

Aberdeen Standard Physical Palladium Shares ETF

VDE

Vanguard Energy ETF

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

With an overall rank of 98, DUMASS is among the top 2% of portfolios on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.

Overall Rank

Sharpe Ratio Rank

Sortino Ratio Rank

Omega Ratio Rank

Calmar Ratio Rank

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 ratio	Sortino ratio	Omega ratio	Calmar ratio	Martin ratio
SNEX StoneX Group Inc.	2.02	2.60	1.34	3.79	12.45
PGR The Progressive Corporation	1.52	2.06	1.29	3.09	7.80
WRB W. R. Berkley Corporation	1.80	2.39	1.34	3.75	9.88
CASY Casey's General Stores, Inc.	1.10	1.77	1.21	2.16	6.73
SFM Sprouts Farmers Market, Inc.	2.98	3.34	1.51	4.47	13.07
HWM Howmet Aerospace Inc.	2.68	3.27	1.46	5.15	19.38
ORLY O'Reilly Automotive, Inc.	1.98	2.86	1.34	2.28	12.90
TMUS T-Mobile US, Inc.	1.59	2.05	1.33	3.07	7.69
TPL Texas Pacific Land Corporation	1.76	2.33	1.33	2.61	5.56
AZO AutoZone, Inc.	1.55	2.06	1.26	2.06	10.33
RSG Republic Services, Inc.	2.31	2.84	1.42	4.70	13.72
BRK-B Berkshire Hathaway Inc.	1.22	1.81	1.26	2.88	6.81
ARGX argenx SE	1.77	2.32	1.31	1.72	8.73
VDE Vanguard Energy ETF	-0.27	-0.26	0.96	-0.38	-0.99
PALL Aberdeen Standard Physical Palladium Shares ETF	0.06	0.18	1.02	-0.02	-0.07

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.

DUMASS Sharpe ratios as of May 30, 2025 (values are recalculated daily):

1-Year: 2.79
5-Year: 1.88
All Time: 1.49

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 0.58 to 1.13, this portfolio's current Sharpe ratio is in the top 25%. This signifies superior risk-adjusted performance, meaning the portfolio is delivering strong returns for the level of risk taken compared to most others.

The chart below shows the rolling Sharpe ratio of DUMASS compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.

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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

Dividend yield

DUMASS provided a 0.77% dividend yield over the last twelve months.

	TTM	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Portfolio	0.77%	0.70%	0.65%	0.60%	1.05%	0.95%	0.90%	0.87%	0.70%	0.71%	0.65%	0.94%
Portfolio components:
SNEX StoneX Group 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%
PGR The Progressive Corporation	1.77%	0.48%	0.25%	0.31%	6.23%	2.68%	3.89%	1.86%	1.21%	2.50%	2.16%	5.53%
WRB W. R. Berkley Corporation	1.90%	2.39%	2.73%	1.22%	2.44%	0.71%	2.43%	2.83%	2.16%	2.27%	0.86%	2.79%
CASY Casey's General Stores, Inc.	0.45%	0.47%	0.59%	0.65%	0.69%	0.72%	0.77%	0.86%	1.13%	0.77%	0.70%	0.84%
SFM Sprouts Farmers Market, 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%
HWM Howmet Aerospace Inc.	0.21%	0.24%	0.31%	0.25%	0.13%	0.05%	0.39%	1.42%	0.88%	0.49%	0.00%	0.00%
ORLY O'Reilly Automotive, 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%
TMUS T-Mobile US, Inc.	1.65%	1.28%	0.41%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TPL Texas Pacific Land Corporation	1.30%	1.58%	0.83%	1.37%	0.88%	3.58%	0.77%	0.75%	0.30%	0.10%	0.22%	0.23%
AZO AutoZone, 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%
RSG Republic Services, Inc.	0.89%	0.82%	1.25%	1.48%	1.27%	1.72%	1.74%	2.00%	1.97%	2.17%	2.64%	2.68%
BRK-B Berkshire Hathaway 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%
ARGX argenx SE	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VDE Vanguard Energy ETF	3.40%	3.23%	3.34%	3.65%	4.13%	4.76%	3.59%	3.35%	2.90%	2.31%	3.17%	1.98%
PALL Aberdeen Standard Physical Palladium Shares ETF	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.

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Worst Drawdowns

The table below displays the maximum drawdowns of the DUMASS. 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 DUMASS was 35.06%, occurring on Mar 23, 2020. Recovery took 52 trading sessions.

The current DUMASS drawdown is 2.64%.

Depth	Start	To Bottom	Bottom	To Recover	End	Total
-35.06%	Feb 24, 2020	21	Mar 23, 2020	52	Jun 5, 2020	73
-13.1%	Nov 9, 2018	30	Dec 24, 2018	27	Feb 4, 2019	57
-11.38%	Dec 5, 2022	71	Mar 17, 2023	101	Aug 11, 2023	172
-10.94%	Apr 21, 2022	41	Jun 17, 2022	33	Aug 5, 2022	74
-10.73%	Jun 9, 2020	3	Jun 11, 2020	40	Aug 7, 2020	43

Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.

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Diversification

Diversification Metrics

Number of Effective Assets

The portfolio contains 15 assets, with an effective number of assets of 15.00, 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.

	^GSPC	PALL	ARGX	SFM	TPL	TMUS	AZO	PGR	CASY	SNEX	ORLY	RSG	VDE	WRB	HWM	BRK-B	Portfolio
^GSPC	1.00	0.26	0.32	0.26	0.37	0.46	0.37	0.39	0.41	0.46	0.40	0.47	0.49	0.43	0.58	0.66	0.72
PALL	0.26	1.00	0.09	0.06	0.18	0.11	0.08	0.06	0.08	0.16	0.08	0.09	0.23	0.09	0.17	0.18	0.36
ARGX	0.32	0.09	1.00	0.09	0.12	0.20	0.11	0.12	0.14	0.14	0.12	0.16	0.10	0.13	0.16	0.14	0.36
SFM	0.26	0.06	0.09	1.00	0.13	0.17	0.25	0.17	0.35	0.23	0.26	0.19	0.18	0.16	0.21	0.22	0.43
TPL	0.37	0.18	0.12	0.13	1.00	0.15	0.14	0.18	0.21	0.35	0.15	0.15	0.59	0.27	0.37	0.31	0.57
TMUS	0.46	0.11	0.20	0.17	0.15	1.00	0.26	0.30	0.25	0.24	0.32	0.34	0.21	0.32	0.27	0.37	0.47
AZO	0.37	0.08	0.11	0.25	0.14	0.26	1.00	0.27	0.33	0.21	0.75	0.36	0.22	0.31	0.24	0.33	0.51
PGR	0.39	0.06	0.12	0.17	0.18	0.30	0.27	1.00	0.25	0.26	0.29	0.42	0.27	0.53	0.28	0.48	0.49
CASY	0.41	0.08	0.14	0.35	0.21	0.25	0.33	0.25	1.00	0.28	0.37	0.34	0.25	0.34	0.31	0.34	0.53
SNEX	0.46	0.16	0.14	0.23	0.35	0.24	0.21	0.26	0.28	1.00	0.20	0.24	0.41	0.34	0.42	0.46	0.57
ORLY	0.40	0.08	0.12	0.26	0.15	0.32	0.75	0.29	0.37	0.20	1.00	0.40	0.22	0.33	0.25	0.35	0.53
RSG	0.47	0.09	0.16	0.19	0.15	0.34	0.36	0.42	0.34	0.24	0.40	1.00	0.21	0.47	0.32	0.47	0.51
VDE	0.49	0.23	0.10	0.18	0.59	0.21	0.22	0.27	0.25	0.41	0.22	0.21	1.00	0.36	0.49	0.51	0.64
WRB	0.43	0.09	0.13	0.16	0.27	0.32	0.31	0.53	0.34	0.34	0.33	0.47	0.36	1.00	0.40	0.57	0.59
HWM	0.58	0.17	0.16	0.21	0.37	0.27	0.24	0.28	0.31	0.42	0.25	0.32	0.49	0.40	1.00	0.51	0.64
BRK-B	0.66	0.18	0.14	0.22	0.31	0.37	0.33	0.48	0.34	0.46	0.35	0.47	0.51	0.57	0.51	1.00	0.68
Portfolio	0.72	0.36	0.36	0.43	0.57	0.47	0.51	0.49	0.53	0.57	0.53	0.51	0.64	0.59	0.64	0.68	1.00

The correlation results are calculated based on daily price changes starting from May 19, 2017

Go to the full Correlations tool for more customization options

Performance Analysis

Risk Analysis

Optimization

Factor Model

DUMASS

Asset Allocation

Performance

Performance Chart

Returns By Period

Monthly Returns

Expense Ratio

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

Risk-Adjusted Performance Indicators

Dividends

Dividend yield

Drawdowns

Drawdowns Chart

Worst Drawdowns

Volatility

Volatility Chart

Diversification

Diversification Metrics

Number of Effective Assets

Asset Correlations Table

Performance Analysis

Risk Analysis

Optimization

Factor Model

Portfolios

Screeners

Community