BTM10

Performance

Risk-Adjusted Performance

Dividends

Drawdowns

Volatility

Diversification

BTM10

Currency in USD · Last updated May 31, 2025

Asset Allocation

Position	Category/Sector	Target Weight
ROG.SW Roche Holding AG	Healthcare	6.67%
ROP Roper Technologies, Inc.	Industrials	6.67%
ROST Ross Stores, Inc.	Consumer Cyclical	6.67%
RY Royal Bank of Canada	Financial Services	6.67%
SAP SAP SE	Technology	6.67%
SBUX Starbucks Corporation	Consumer Cyclical	6.67%
SE Sea Limited	Communication Services	6.67%
SHOP Shopify Inc.	Technology	6.67%
SIE.DE Siemens Aktiengesellschaft	Industrials	6.67%
SMCI Super Micro Computer, Inc.	Technology	6.67%
SNOW Snowflake Inc.	Technology	6.67%
SNPS Synopsys, Inc.	Technology	6.67%
SONY Sony Group Corporation	Technology	6.67%
SPGI S&P Global Inc.	Financial Services	6.67%
SPOT Spotify Technology S.A.	Communication Services	6.67%

Benchmark

S&P 500

Rebalance

Performance

Performance Chart

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The earliest data available for this chart is Sep 16, 2020, corresponding to the inception date of SNOW

Returns By Period

	YTD	1M	6M	1Y	5Y*	10Y*
^GSPC S&P 500	0.51%	6.15%	-2.00%	12.92%	14.19%	10.85%
BTM10	17.41%	8.12%	11.17%	35.91%	N/A	N/A
Portfolio components:
ROG.SW Roche Holding AG	17.96%	-0.98%	14.96%	31.93%	-1.19%	2.97%
ROP Roper Technologies, Inc.	10.03%	1.82%	0.98%	8.92%	8.29%	13.16%
ROST Ross Stores, Inc.	-7.09%	0.78%	-9.04%	1.24%	8.68%	12.28%
RY Royal Bank of Canada	6.95%	5.66%	2.55%	21.00%	18.87%	11.40%
SAP SAP SE	24.08%	4.56%	28.58%	69.49%	20.76%	16.83%
SBUX Starbucks Corporation	-6.85%	5.61%	-17.04%	9.25%	3.72%	7.08%
SE Sea Limited	51.15%	19.63%	40.92%	138.82%	14.98%	N/A
SHOP Shopify Inc.	0.07%	12.00%	-7.96%	81.76%	7.02%	44.42%
SIE.DE Siemens Aktiengesellschaft	25.36%	5.12%	26.96%	28.94%	22.22%	13.01%
SMCI Super Micro Computer, Inc.	31.30%	25.61%	22.61%	-51.66%	72.82%	27.74%
SNOW Snowflake Inc.	33.20%	28.95%	17.66%	45.92%	N/A	N/A
SNPS Synopsys, Inc.	-4.40%	1.08%	-16.92%	-17.84%	20.73%	24.91%
SONY Sony Group Corporation	24.67%	1.46%	31.57%	63.83%	17.13%	17.63%
SPGI S&P Global Inc.	3.36%	2.75%	-1.49%	22.53%	10.47%	18.49%
SPOT Spotify Technology S.A.	48.67%	8.33%	39.45%	118.30%	29.74%	N/A

*Annualized

Monthly Returns

The table below presents the monthly returns of BTM10, 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	9.23%	4.49%	-6.37%	1.61%	8.12%								17.41%
2024	6.93%	10.54%	3.46%	-3.86%	0.98%	4.05%	0.46%	3.54%	3.09%	-4.00%	14.17%	-5.31%	37.45%
2023	12.79%	-1.79%	8.08%	1.37%	8.61%	4.67%	4.62%	-7.27%	-3.76%	-2.97%	15.04%	4.75%	50.62%
2022	-13.63%	-6.74%	-0.78%	-12.99%	-0.23%	-11.03%	11.69%	-2.13%	-8.81%	6.77%	13.83%	-5.33%	-29.20%
2021	-2.34%	3.16%	0.97%	3.98%	0.66%	4.34%	2.43%	4.20%	-4.84%	7.55%	-2.70%	2.41%	20.92%
2020									0.39%	-5.42%	15.73%	5.46%	15.88%

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

Expense Ratio

BTM10 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

With an overall rank of 85, BTM10 is among the top 15% 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
ROG.SW Roche Holding AG	1.27	1.37	1.20	0.70	2.71
ROP Roper Technologies, Inc.	0.41	0.37	1.05	0.28	0.68
ROST Ross Stores, Inc.	0.05	0.08	1.01	-0.09	-0.22
RY Royal Bank of Canada	1.15	1.82	1.25	1.59	4.55
SAP SAP SE	2.39	2.98	1.38	3.13	13.08
SBUX Starbucks Corporation	0.22	0.58	1.08	0.15	0.44
SE Sea Limited	3.09	3.34	1.46	1.45	14.73
SHOP Shopify Inc.	1.33	2.00	1.27	1.05	5.05
SIE.DE Siemens Aktiengesellschaft	0.84	1.49	1.19	1.15	3.89
SMCI Super Micro Computer, Inc.	-0.45	-0.01	1.00	-0.57	-0.90
SNOW Snowflake Inc.	0.79	1.82	1.26	0.78	3.90
SNPS Synopsys, Inc.	-0.43	-0.40	0.95	-0.49	-0.96
SONY Sony Group Corporation	2.03	2.45	1.32	1.60	9.51
SPGI S&P Global Inc.	1.01	1.37	1.20	1.06	3.61
SPOT Spotify Technology S.A.	2.64	3.38	1.46	4.72	17.64

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.

BTM10 Sharpe ratios as of May 31, 2025 (values are recalculated daily):

1-Year: 1.48
All Time: 0.84

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 0.60 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 BTM10 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

BTM10 provided a 1.05% dividend yield over the last twelve months.

	TTM	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Portfolio	1.05%	1.07%	1.12%	1.22%	0.91%	1.00%	1.07%	1.28%	1.06%	1.13%	1.13%	1.13%
Portfolio components:
ROG.SW Roche Holding AG	3.65%	3.76%	3.89%	3.20%	2.40%	2.91%	2.77%	3.41%	3.33%	3.48%	2.89%	2.89%
ROP Roper Technologies, Inc.	0.55%	0.58%	0.50%	0.57%	0.46%	0.48%	0.52%	0.62%	0.54%	0.66%	0.53%	0.51%
ROST Ross Stores, Inc.	1.08%	0.97%	0.97%	1.07%	1.00%	0.23%	0.88%	1.08%	0.80%	0.82%	0.87%	0.85%
RY Royal Bank of Canada	3.26%	3.39%	3.93%	4.13%	3.28%	3.86%	3.88%	4.29%	3.28%	3.59%	4.54%	3.73%
SAP SAP SE	0.84%	0.97%	1.41%	2.58%	1.56%	1.31%	1.27%	1.73%	1.18%	1.51%	1.50%	3.39%
SBUX Starbucks Corporation	2.86%	2.54%	2.25%	2.02%	1.57%	1.57%	1.69%	2.05%	1.83%	1.53%	0.87%	0.00%
SE Sea Limited	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SHOP Shopify 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%
SIE.DE Siemens Aktiengesellschaft	2.46%	2.49%	2.50%	3.09%	2.29%	3.32%	3.62%	4.21%	3.44%	3.32%	4.07%	3.55%
SMCI Super Micro Computer, 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%
SNOW Snowflake 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%
SNPS Synopsys, 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%
SONY Sony Group Corporation	0.25%	0.58%	0.59%	0.69%	0.43%	0.46%	0.54%	0.56%	0.49%	0.76%	0.39%	0.72%
SPGI S&P Global Inc.	0.73%	0.73%	0.82%	0.99%	0.65%	0.82%	0.84%	1.18%	0.97%	1.34%	1.34%	1.35%
SPOT Spotify Technology S.A.	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 BTM10. 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 BTM10 was 43.09%, occurring on Oct 14, 2022. Recovery took 301 trading sessions.

The current BTM10 drawdown is 3.21%.

Depth	Start	To Bottom	Bottom	To Recover	End	Total
-43.09%	Nov 8, 2021	243	Oct 14, 2022	301	Dec 13, 2023	544
-21.86%	Feb 20, 2025	34	Apr 8, 2025	—	—	—
-10.45%	Feb 12, 2021	17	Mar 8, 2021	27	Apr 15, 2021	44
-10.42%	Mar 14, 2024	26	Apr 19, 2024	60	Jul 12, 2024	86
-10.01%	Jul 17, 2024	14	Aug 5, 2024	8	Aug 15, 2024	22

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	ROG.SW	SIE.DE	SMCI	ROST	SBUX	ROP	RY	SPOT	SONY	SNOW	SE	SPGI	SAP	SHOP	SNPS	Portfolio
^GSPC	1.00	0.18	0.43	0.47	0.59	0.57	0.61	0.61	0.50	0.55	0.53	0.51	0.66	0.62	0.60	0.73	0.82
ROG.SW	0.18	1.00	0.24	0.07	0.14	0.13	0.16	0.19	0.10	0.16	0.05	0.15	0.21	0.26	0.13	0.13	0.22
SIE.DE	0.43	0.24	1.00	0.26	0.30	0.27	0.25	0.39	0.23	0.32	0.21	0.26	0.32	0.47	0.26	0.31	0.47
SMCI	0.47	0.07	0.26	1.00	0.30	0.21	0.20	0.32	0.28	0.31	0.32	0.28	0.25	0.33	0.36	0.42	0.60
ROST	0.59	0.14	0.30	0.30	1.00	0.48	0.41	0.40	0.28	0.32	0.29	0.31	0.41	0.36	0.35	0.39	0.53
SBUX	0.57	0.13	0.27	0.21	0.48	1.00	0.40	0.40	0.30	0.38	0.32	0.34	0.41	0.39	0.37	0.38	0.53
ROP	0.61	0.16	0.25	0.20	0.41	0.40	1.00	0.42	0.25	0.33	0.28	0.25	0.59	0.43	0.31	0.49	0.49
RY	0.61	0.19	0.39	0.32	0.40	0.40	0.42	1.00	0.25	0.39	0.26	0.30	0.42	0.41	0.35	0.31	0.51
SPOT	0.50	0.10	0.23	0.28	0.28	0.30	0.25	0.25	1.00	0.35	0.48	0.51	0.34	0.41	0.56	0.49	0.65
SONY	0.55	0.16	0.32	0.31	0.32	0.38	0.33	0.39	0.35	1.00	0.35	0.40	0.39	0.43	0.43	0.42	0.59
SNOW	0.53	0.05	0.21	0.32	0.29	0.32	0.28	0.26	0.48	0.35	1.00	0.48	0.36	0.37	0.59	0.55	0.68
SE	0.51	0.15	0.26	0.28	0.31	0.34	0.25	0.30	0.51	0.40	0.48	1.00	0.33	0.38	0.59	0.46	0.68
SPGI	0.66	0.21	0.32	0.25	0.41	0.41	0.59	0.42	0.34	0.39	0.36	0.33	1.00	0.48	0.41	0.55	0.59
SAP	0.62	0.26	0.47	0.33	0.36	0.39	0.43	0.41	0.41	0.43	0.37	0.38	0.48	1.00	0.43	0.52	0.64
SHOP	0.60	0.13	0.26	0.36	0.35	0.37	0.31	0.35	0.56	0.43	0.59	0.59	0.41	0.43	1.00	0.56	0.76
SNPS	0.73	0.13	0.31	0.42	0.39	0.38	0.49	0.31	0.49	0.42	0.55	0.46	0.55	0.52	0.56	1.00	0.74
Portfolio	0.82	0.22	0.47	0.60	0.53	0.53	0.49	0.51	0.65	0.59	0.68	0.68	0.59	0.64	0.76	0.74	1.00

The correlation results are calculated based on daily price changes starting from Sep 17, 2020

Go to the full Correlations tool for more customization options

Performance Analysis

Risk Analysis

Optimization

Factor Model

BTM10

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