2023
2023 portfolio
Asset Allocation
| Position | Category/Sector | Weight |
|---|---|---|
GBPG.L Goldman Sachs Access UK Gilts 1-10 Years UCITS ETF Class GBP (Dist) | European Government Bonds | 11.11% |
GLTL.L SPDR Bloomberg 15+ Year Gilt UCITS ETF | European Government Bonds | 11.11% |
IGLS.L iShares UK Gilts 0-5yr UCITS ETF GBP (Dist) | European Government Bonds | 11.11% |
MSFT Microsoft Corporation | Technology | 11.11% |
NIO NIO Inc. | Consumer Cyclical | 11.11% |
NVDA NVIDIA Corporation | Technology | 11.11% |
QQQ Invesco QQQ | Large Cap Blend Equities | 11.11% |
SPY SPDR S&P 500 ETF | Large Cap Growth Equities | 11.11% |
XBI SPDR S&P Biotech ETF | Health & Biotech Equities | 11.11% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in 2023, 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 Sep 9, 2021, corresponding to the inception date of GBPG.L
Returns By Period
| Year-To-Date | 1 month | 6 months | 1 year | 5 years (annualized) | 10 years (annualized) | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | 17.76% | 2.89% | 10.80% | 27.49% | 14.28% | 10.89% |
| 2023 | 14.61% | 1.55% | 8.55% | 22.02% | N/A | N/A |
| Portfolio components: | ||||||
XBI SPDR S&P Biotech ETF | 14.04% | 0.16% | -1.03% | 29.03% | 5.00% | 6.81% |
SPY SPDR S&P 500 ETF | 18.73% | 3.00% | 11.33% | 28.43% | 16.05% | 12.85% |
QQQ Invesco QQQ | 16.41% | 2.67% | 8.94% | 30.50% | 21.64% | 17.91% |
NIO NIO Inc. | -55.57% | -9.03% | -30.28% | -63.43% | 7.27% | N/A |
NVDA NVIDIA Corporation | 155.39% | 11.85% | 60.70% | 170.09% | 99.84% | 75.44% |
MSFT Microsoft Corporation | 10.56% | -2.59% | 1.84% | 28.70% | 26.23% | 26.77% |
GBPG.L Goldman Sachs Access UK Gilts 1-10 Years UCITS ETF Class GBP (Dist) | 4.11% | 2.79% | 4.50% | 11.57% | N/A | N/A |
GLTL.L SPDR Bloomberg 15+ Year Gilt UCITS ETF | -3.11% | 3.47% | 7.15% | 8.30% | 67.47% | 34.34% |
IGLS.L iShares UK Gilts 0-5yr UCITS ETF GBP (Dist) | 4.94% | 2.43% | 6.25% | 10.74% | 0.17% | 0.69% |
Monthly Returns
The table below presents the monthly returns of 2023, 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 | -1.32% | 6.58% | 1.52% | -3.93% | 7.88% | 1.26% | 1.25% | 14.61% | |||||
| 2023 | 10.76% | -2.90% | 8.23% | -1.11% | 4.77% | 6.19% | 9.04% | -6.55% | -6.75% | -3.69% | 9.07% | 7.76% | 37.72% |
| 2022 | -9.81% | 7.64% | -0.29% | -13.49% | -1.36% | -2.70% | 6.22% | -6.92% | -11.55% | 0.41% | 10.55% | -7.37% | -27.72% |
| 2021 | -5.56% | 8.39% | 2.75% | -3.36% | 1.64% |
Expense Ratio
2023 has an expense ratio of 0.10%, which is considered low compared to other funds. 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 rank of 2023 is 13, indicating that it is in the bottom 13% 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 | |
|---|---|---|---|---|---|
XBI SPDR S&P Biotech ETF | 0.90 | 1.43 | 1.16 | 0.49 | 2.70 |
SPY SPDR S&P 500 ETF | 2.12 | 2.91 | 1.39 | 2.23 | 10.10 |
QQQ Invesco QQQ | 1.56 | 2.14 | 1.28 | 1.94 | 7.43 |
NIO NIO Inc. | -0.99 | -1.67 | 0.81 | -0.69 | -1.37 |
NVDA NVIDIA Corporation | 3.25 | 3.61 | 1.46 | 5.94 | 19.34 |
MSFT Microsoft Corporation | 1.35 | 1.83 | 1.24 | 1.73 | 5.91 |
GBPG.L Goldman Sachs Access UK Gilts 1-10 Years UCITS ETF Class GBP (Dist) | 1.23 | 1.79 | 1.23 | 0.49 | 5.00 |
GLTL.L SPDR Bloomberg 15+ Year Gilt UCITS ETF | 0.55 | 0.90 | 1.11 | 0.18 | 1.13 |
IGLS.L iShares UK Gilts 0-5yr UCITS ETF GBP (Dist) | 1.40 | 2.05 | 1.26 | 0.61 | 6.81 |
Dividends
Dividend yield
2023 granted a 1.57% dividend yield in the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 1.57% | 1.19% | 25.49% | 5.21% | 0.54% | 0.65% | 0.81% | 0.82% | 1.00% | 1.13% | 1.32% | 1.31% |
| Portfolio components: | ||||||||||||
XBI SPDR S&P Biotech ETF | 0.13% | 0.02% | 0.00% | 0.04% | 0.20% | 0.00% | 0.28% | 0.24% | 0.26% | 0.61% | 1.07% | 0.17% |
SPY SPDR S&P 500 ETF | 1.22% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
QQQ Invesco QQQ | 0.61% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.01% |
NIO NIO 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% |
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% |
MSFT 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% |
GBPG.L Goldman Sachs Access UK Gilts 1-10 Years UCITS ETF Class GBP (Dist) | 3.77% | 3.35% | 62.57% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GLTL.L SPDR Bloomberg 15+ Year Gilt UCITS ETF | 4.01% | 2.97% | 162.91% | 44.24% | 1.01% | 1.43% | 1.55% | 1.86% | 1.99% | 2.51% | 2.63% | 3.67% |
IGLS.L iShares UK Gilts 0-5yr UCITS ETF GBP (Dist) | 3.69% | 1.62% | 0.30% | 0.25% | 0.53% | 0.46% | 0.33% | 0.53% | 0.88% | 0.48% | 0.78% | 0.59% |
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 2023. 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 2023 was 37.69%, occurring on Oct 14, 2022. Recovery took 354 trading sessions.
The current 2023 drawdown is 2.99%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -37.69% | Nov 9, 2021 | 243 | Oct 14, 2022 | 354 | Mar 1, 2024 | 597 |
| -10.62% | Jul 17, 2024 | 16 | Aug 7, 2024 | — | — | — |
| -10.27% | Mar 13, 2024 | 27 | Apr 19, 2024 | 27 | May 28, 2024 | 54 |
| -6.66% | Sep 10, 2021 | 17 | Oct 4, 2021 | 15 | Oct 25, 2021 | 32 |
| -2.26% | Jun 19, 2024 | 8 | Jun 28, 2024 | 3 | Jul 3, 2024 | 11 |
Volatility
Volatility Chart
The current 2023 volatility is 6.30%, 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
| GLTL.L | NIO | XBI | IGLS.L | GBPG.L | MSFT | NVDA | SPY | QQQ | |
|---|---|---|---|---|---|---|---|---|---|
| GLTL.L | 1.00 | 0.11 | 0.20 | 0.60 | 0.73 | 0.16 | 0.17 | 0.21 | 0.22 |
| NIO | 0.11 | 1.00 | 0.49 | 0.24 | 0.22 | 0.33 | 0.38 | 0.49 | 0.50 |
| XBI | 0.20 | 0.49 | 1.00 | 0.27 | 0.27 | 0.40 | 0.41 | 0.58 | 0.56 |
| IGLS.L | 0.60 | 0.24 | 0.27 | 1.00 | 0.95 | 0.26 | 0.28 | 0.36 | 0.34 |
| GBPG.L | 0.73 | 0.22 | 0.27 | 0.95 | 1.00 | 0.25 | 0.27 | 0.34 | 0.33 |
| MSFT | 0.16 | 0.33 | 0.40 | 0.26 | 0.25 | 1.00 | 0.67 | 0.79 | 0.85 |
| NVDA | 0.17 | 0.38 | 0.41 | 0.28 | 0.27 | 0.67 | 1.00 | 0.72 | 0.82 |
| SPY | 0.21 | 0.49 | 0.58 | 0.36 | 0.34 | 0.79 | 0.72 | 1.00 | 0.94 |
| QQQ | 0.22 | 0.50 | 0.56 | 0.34 | 0.33 | 0.85 | 0.82 | 0.94 | 1.00 |