alpha stocks
Asset Allocation
| Position | Category/Sector | Weight |
|---|---|---|
AXP American Express Company | Financial Services | 16.67% |
BSX Boston Scientific Corporation | Healthcare | 16.67% |
ETN Eaton Corporation plc | Industrials | 16.67% |
META Meta Platforms, Inc. | Communication Services | 16.67% |
MU Micron Technology, Inc. | Technology | 16.67% |
NVDA NVIDIA Corporation | Technology | 16.67% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in alpha stocks, 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 May 18, 2012, corresponding to the inception date of META
Returns By Period
As of Sep 21, 2024, the alpha stocks returned 55.06% Year-To-Date and 30.03% of annualized return in the last 10 years.
| Year-To-Date | 1 month | 6 months | 1 year | 5 years (annualized) | 10 years (annualized) | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | 19.55% | 1.45% | 8.95% | 31.70% | 13.79% | 11.17% |
| alpha stocks | 55.06% | 2.53% | 11.69% | 82.88% | 35.45% | 29.94% |
| Portfolio components: | ||||||
BSX Boston Scientific Corporation | 45.17% | 5.45% | 24.11% | 56.57% | 14.27% | 21.37% |
NVDA NVIDIA Corporation | 134.29% | -6.25% | 23.05% | 178.86% | 93.14% | 74.37% |
MU Micron Technology, Inc. | 6.71% | -12.81% | -17.37% | 32.61% | 13.34% | 11.17% |
AXP American Express Company | 44.92% | 8.57% | 19.77% | 78.09% | 19.58% | 13.45% |
ETN Eaton Corporation plc | 38.59% | 11.06% | 5.09% | 57.57% | 34.55% | 20.95% |
META Meta Platforms, Inc. | 59.07% | 5.63% | 10.37% | 88.26% | 24.75% | 21.83% |
Monthly Returns
The table below presents the monthly returns of alpha stocks, 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 | 9.02% | 15.62% | 9.50% | -1.67% | 9.59% | 3.24% | -4.08% | 2.50% | 55.06% | ||||
| 2023 | 16.71% | 7.20% | 8.71% | 3.32% | 9.21% | 6.99% | 4.99% | 1.06% | -4.91% | -2.46% | 12.20% | 7.72% | 95.31% |
| 2022 | -5.41% | -2.39% | -0.77% | -11.65% | -0.88% | -16.03% | 11.60% | -5.90% | -10.61% | 3.70% | 12.36% | -6.05% | -30.78% |
| 2021 | -1.43% | 9.94% | 2.95% | 7.50% | 1.98% | 6.59% | 1.30% | 3.29% | -6.17% | 5.01% | 4.87% | 3.67% | 46.12% |
| 2020 | -0.91% | -3.53% | -13.57% | 12.90% | 6.68% | 1.77% | 5.89% | 10.11% | -2.84% | -2.99% | 14.11% | 3.82% | 31.88% |
| 2019 | 13.69% | 4.19% | 3.22% | 4.26% | -10.67% | 12.68% | 3.04% | -1.23% | -1.59% | 6.96% | 4.29% | 5.72% | 51.54% |
| 2018 | 9.74% | -0.51% | -1.80% | -0.26% | 9.21% | -1.37% | 1.50% | 4.87% | -0.87% | -12.80% | -0.51% | -12.23% | -7.45% |
| 2017 | 7.66% | 0.58% | 6.41% | 1.01% | 8.44% | 1.48% | 2.85% | 2.54% | 7.39% | 6.76% | -2.52% | -1.52% | 48.66% |
| 2016 | -9.48% | 1.96% | 8.99% | 5.05% | 8.64% | -0.10% | 7.59% | 5.84% | 3.30% | -0.65% | 7.06% | 6.72% | 53.13% |
| 2015 | -5.28% | 8.98% | -1.79% | 1.18% | 1.59% | -7.65% | -1.10% | -1.91% | -1.81% | 9.82% | 2.39% | -2.93% | 0.04% |
| 2014 | 3.51% | 6.26% | -2.59% | 0.12% | 4.71% | 4.77% | -3.91% | 4.15% | -1.92% | 3.44% | 3.11% | -0.51% | 22.57% |
| 2013 | 12.36% | 2.43% | 5.24% | 1.33% | 9.48% | 3.59% | 10.84% | 1.36% | 14.24% | 1.68% | 3.90% | 5.77% | 99.63% |
Expense Ratio
alpha stocks 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 stocks is 92, placing it in the top 8% 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 | |
|---|---|---|---|---|---|
BSX Boston Scientific Corporation | 2.92 | 3.68 | 1.54 | 4.99 | 22.47 |
NVDA NVIDIA Corporation | 3.37 | 3.57 | 1.46 | 6.46 | 20.29 |
MU Micron Technology, Inc. | 0.70 | 1.25 | 1.15 | 0.71 | 1.88 |
AXP American Express Company | 3.15 | 3.84 | 1.55 | 2.72 | 23.52 |
ETN Eaton Corporation plc | 1.97 | 2.47 | 1.35 | 2.84 | 8.83 |
META Meta Platforms, Inc. | 2.39 | 3.28 | 1.44 | 3.58 | 14.48 |
Dividends
Dividend yield
alpha stocks granted a 0.48% dividend yield in the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| alpha stocks | 0.48% | 0.54% | 0.74% | 0.51% | 0.66% | 0.76% | 0.97% | 0.78% | 0.91% | 1.17% | 0.94% | 0.85% |
| Portfolio components: | ||||||||||||
BSX Boston Scientific 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% |
MU Micron Technology, Inc. | 0.51% | 0.54% | 0.89% | 0.21% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
AXP American Express Company | 0.97% | 1.24% | 1.35% | 1.05% | 1.42% | 1.29% | 1.51% | 1.32% | 1.61% | 1.58% | 1.05% | 0.95% |
ETN Eaton Corporation plc | 1.11% | 1.43% | 2.06% | 1.76% | 2.43% | 3.00% | 3.85% | 3.04% | 3.40% | 4.23% | 2.88% | 2.21% |
META Meta Platforms, Inc. | 0.27% | 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 stocks. 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 stocks was 38.80%, occurring on Mar 23, 2020. Recovery took 97 trading sessions.
The current alpha stocks drawdown is 3.83%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -38.8% | Feb 20, 2020 | 23 | Mar 23, 2020 | 97 | Aug 10, 2020 | 120 |
| -38.24% | Dec 28, 2021 | 202 | Oct 14, 2022 | 153 | May 25, 2023 | 355 |
| -29.79% | Jun 12, 2018 | 136 | Dec 24, 2018 | 137 | Jul 12, 2019 | 273 |
| -19.69% | Apr 23, 2015 | 204 | Feb 11, 2016 | 52 | Apr 27, 2016 | 256 |
| -16.77% | Jun 20, 2024 | 32 | Aug 5, 2024 | — | — | — |
Volatility
Volatility Chart
The current alpha stocks volatility is 7.44%, 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
| META | BSX | AXP | ETN | MU | NVDA | |
|---|---|---|---|---|---|---|
| META | 1.00 | 0.34 | 0.33 | 0.32 | 0.38 | 0.47 |
| BSX | 0.34 | 1.00 | 0.43 | 0.42 | 0.33 | 0.34 |
| AXP | 0.33 | 0.43 | 1.00 | 0.54 | 0.41 | 0.37 |
| ETN | 0.32 | 0.42 | 0.54 | 1.00 | 0.44 | 0.41 |
| MU | 0.38 | 0.33 | 0.41 | 0.44 | 1.00 | 0.57 |
| NVDA | 0.47 | 0.34 | 0.37 | 0.41 | 0.57 | 1.00 |