2024
Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
AXON Axon Enterprise, Inc. | Industrials | 14.29% |
DECK Deckers Outdoor Corporation | Consumer Cyclical | 14.29% |
LLY Eli Lilly and Company | Healthcare | 14.29% |
NVDA NVIDIA Corporation | Technology | 14.29% |
PGR The Progressive Corporation | Financial Services | 14.29% |
TPL Texas Pacific Land Corporation | Energy | 14.29% |
VST Vistra Corp. | Utilities | 14.29% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in 2024, 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 every 3 months.
The earliest data available for this chart is Oct 4, 2016, corresponding to the inception date of VST
Returns By Period
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | -12.30% | -8.99% | -11.89% | 3.84% | 13.06% | 9.34% |
| 2024 | -19.36% | -11.33% | -17.51% | 34.91% | 50.61% | N/A |
| Portfolio components: | ||||||
NVDA NVIDIA Corporation | -27.83% | -17.66% | -32.55% | 27.21% | 68.88% | 68.60% |
AXON Axon Enterprise, Inc. | -8.82% | -3.23% | 22.06% | 84.58% | 49.43% | 33.83% |
VST Vistra Corp. | -22.61% | -18.43% | -18.03% | 63.58% | 47.09% | N/A |
LLY Eli Lilly and Company | 6.14% | -2.33% | -9.42% | 13.36% | 41.07% | 30.07% |
DECK Deckers Outdoor Corporation | -49.01% | -12.14% | -35.29% | -22.37% | 36.32% | 23.62% |
PGR The Progressive Corporation | 9.61% | -5.63% | 4.74% | 22.44% | 28.24% | 28.55% |
TPL Texas Pacific Land Corporation | 13.06% | -1.90% | 16.48% | 118.53% | 52.20% | 39.13% |
Monthly Returns
The table below presents the monthly returns of 2024, 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 | -1.36% | -2.48% | -10.10% | -6.76% | -19.36% | ||||||||
| 2024 | 12.48% | 22.08% | 10.22% | -3.28% | 18.11% | 6.31% | -3.16% | 6.86% | 3.24% | 7.44% | 16.02% | -7.54% | 126.30% |
| 2023 | 6.66% | 2.01% | 9.31% | -1.23% | 8.56% | 8.07% | 4.96% | 9.48% | -6.22% | 1.57% | 8.77% | 3.28% | 69.43% |
| 2022 | -12.02% | -0.05% | 7.46% | -14.83% | 3.95% | -8.28% | 15.27% | -3.87% | -6.34% | 17.31% | 14.60% | -7.18% | -0.62% |
| 2021 | 9.01% | 6.41% | 3.71% | 4.01% | -0.11% | 16.40% | 0.46% | 3.21% | -8.57% | 11.92% | 7.99% | -3.90% | 60.20% |
| 2020 | 4.72% | -3.61% | -12.63% | 13.27% | 9.49% | 8.23% | 0.76% | 8.15% | 0.88% | -0.56% | 10.31% | 5.96% | 51.27% |
| 2019 | 11.63% | 8.34% | 3.45% | 5.07% | -6.50% | 5.01% | -0.23% | -6.14% | 0.69% | -1.83% | 12.64% | 3.47% | 39.24% |
| 2018 | 10.59% | 4.13% | 0.67% | 3.08% | 18.85% | -2.81% | 3.99% | 9.20% | 1.74% | -9.85% | -12.39% | -6.65% | 17.57% |
| 2017 | 4.38% | -1.05% | 0.70% | 0.17% | 8.24% | 3.48% | 4.55% | 3.39% | 4.43% | 4.31% | 2.34% | 2.48% | 44.11% |
| 2016 | -2.05% | 9.83% | 5.64% | 13.65% |
Expense Ratio
2024 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.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 89, 2024 is among the top 11% 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.
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 | |
|---|---|---|---|---|---|
NVDA NVIDIA Corporation | 0.25 | 0.77 | 1.10 | 0.42 | 1.13 |
AXON Axon Enterprise, Inc. | 1.48 | 2.44 | 1.36 | 2.69 | 6.70 |
VST Vistra Corp. | 0.75 | 1.38 | 1.19 | 1.16 | 2.77 |
LLY Eli Lilly and Company | 0.27 | 0.65 | 1.08 | 0.39 | 0.81 |
DECK Deckers Outdoor Corporation | -0.49 | -0.43 | 0.94 | -0.44 | -1.10 |
PGR The Progressive Corporation | 1.05 | 1.50 | 1.21 | 2.09 | 5.38 |
TPL Texas Pacific Land Corporation | 2.09 | 2.64 | 1.39 | 3.14 | 7.44 |
Dividends
Dividend yield
2024 provided a 0.67% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 0.67% | 0.48% | 0.57% | 0.85% | 1.58% | 1.55% | 1.30% | 0.72% | 0.61% | 2.97% | 0.85% | 1.47% |
| Portfolio components: | ||||||||||||
NVDA NVIDIA Corporation | 0.03% | 0.02% | 0.03% | 0.11% | 0.05% | 0.12% | 0.27% | 0.46% | 0.29% | 0.45% | 1.20% | 1.70% |
AXON Axon Enterprise, 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% |
VST Vistra Corp. | 0.83% | 0.63% | 2.13% | 3.12% | 2.64% | 2.75% | 2.17% | 0.00% | 0.00% | 14.97% | 0.00% | 0.00% |
LLY Eli Lilly and Company | 0.66% | 0.67% | 0.78% | 1.07% | 1.23% | 1.75% | 1.96% | 1.95% | 2.46% | 2.77% | 2.37% | 2.84% |
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% |
PGR The Progressive Corporation | 1.90% | 0.48% | 0.25% | 0.31% | 6.23% | 2.68% | 3.89% | 1.86% | 1.21% | 2.50% | 2.16% | 5.53% |
TPL Texas Pacific Land Corporation | 1.24% | 1.58% | 0.83% | 1.37% | 0.88% | 3.58% | 0.77% | 0.75% | 0.30% | 0.10% | 0.22% | 0.23% |
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 2024. 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 2024 was 37.11%, occurring on Mar 18, 2020. Recovery took 52 trading sessions.
The current 2024 drawdown is 21.85%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -37.11% | Feb 20, 2020 | 20 | Mar 18, 2020 | 52 | Jun 2, 2020 | 72 |
| -32.98% | Oct 2, 2018 | 58 | Dec 24, 2018 | 249 | Dec 19, 2019 | 307 |
| -32.26% | Nov 26, 2021 | 115 | May 11, 2022 | 182 | Feb 1, 2023 | 297 |
| -31.19% | Jan 24, 2025 | 50 | Apr 4, 2025 | — | — | — |
| -18.11% | Jun 20, 2024 | 32 | Aug 5, 2024 | 10 | Aug 19, 2024 | 42 |
Volatility
Volatility Chart
The current 2024 volatility is 20.26%, 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
Diversification Metrics
Number of Effective Assets
The portfolio contains 7 assets, with an effective number of assets of 7.00, reflecting the diversification based on asset allocation. This number of effective assets indicates a moderate level of diversification, where some assets may have a more significant influence on overall performance.
Asset Correlations Table
| LLY | PGR | TPL | VST | AXON | DECK | NVDA | |
|---|---|---|---|---|---|---|---|
| LLY | 1.00 | 0.27 | 0.11 | 0.20 | 0.17 | 0.18 | 0.21 |
| PGR | 0.27 | 1.00 | 0.17 | 0.21 | 0.15 | 0.20 | 0.15 |
| TPL | 0.11 | 0.17 | 1.00 | 0.27 | 0.23 | 0.22 | 0.22 |
| VST | 0.20 | 0.21 | 0.27 | 1.00 | 0.22 | 0.26 | 0.27 |
| AXON | 0.17 | 0.15 | 0.23 | 0.22 | 1.00 | 0.35 | 0.41 |
| DECK | 0.18 | 0.20 | 0.22 | 0.26 | 0.35 | 1.00 | 0.35 |
| NVDA | 0.21 | 0.15 | 0.22 | 0.27 | 0.41 | 0.35 | 1.00 |