Res Construction

Performance

Risk-Adjusted Performance

Dividends

Drawdowns

Volatility

Diversification

Res Construction

Last updated Nov 13, 2024

Asset Allocation

Position	Category/Sector	Weight
CVCO Cavco Industries, Inc.	Consumer Cyclical	7.14%
DHI D.R. Horton, Inc.	Consumer Cyclical	7.14%
GRBK Green Brick Partners, Inc.	Consumer Cyclical	7.14%
IBP Installed Building Products, Inc.	Industrials	7.14%
KBH KB Home	Consumer Cyclical	7.14%
LEN Lennar Corporation	Consumer Cyclical	7.14%
MHO M/I Homes, Inc.	Consumer Cyclical	7.14%
MTH Meritage Homes Corporation	Consumer Cyclical	7.14%
NVR NVR, Inc.	Consumer Cyclical	7.14%
PHM PulteGroup, Inc.	Consumer Cyclical	7.14%
SKY Skyline Champion Corporation	Consumer Cyclical	7.14%
TMHC Taylor Morrison Home Corporation	Consumer Cyclical	7.14%
TOL Toll Brothers, Inc.	Consumer Cyclical	7.14%
TPH Tri Pointe Homes, Inc.	Consumer Cyclical	7.14%

Benchmark

Rebalance portfolio

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Res Construction, 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

Res Construction

Benchmark (^GSPC)

Portfolio components

The earliest data available for this chart is Feb 13, 2014, corresponding to the inception date of IBP

Returns By Period

As of Nov 13, 2024, the Res Construction returned 24.40% Year-To-Date and 24.66% 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	25.45%	2.91%	14.05%	35.64%	14.13%	11.39%
Res Construction	24.40%	-6.09%	8.54%	48.05%	28.26%	24.66%
Portfolio components:
DHI D.R. Horton, Inc.	7.36%	-13.31%	3.11%	26.88%	26.23%	22.25%
LEN Lennar Corporation	12.94%	-8.49%	-2.12%	31.23%	24.58%	14.96%
PHM PulteGroup, Inc.	25.47%	-9.59%	5.91%	47.71%	28.59%	21.60%
NVR NVR, Inc.	30.20%	-6.35%	16.57%	44.88%	20.54%	22.13%
TOL Toll Brothers, Inc.	48.82%	-1.18%	12.94%	77.91%	32.27%	17.33%
IBP Installed Building Products, Inc.	14.88%	-16.81%	-10.75%	51.08%	26.05%	29.17%
MTH Meritage Homes Corporation	5.16%	-8.08%	-3.08%	26.61%	21.32%	17.04%
TMHC Taylor Morrison Home Corporation	31.58%	2.51%	13.35%	53.61%	25.33%	14.09%
KBH KB Home	28.05%	-2.51%	6.84%	47.16%	19.99%	17.85%
SKY Skyline Champion Corporation	27.82%	-0.44%	15.28%	52.41%	25.28%	38.56%
MHO M/I Homes, Inc.	13.26%	-6.84%	17.51%	51.10%	29.42%	21.45%
TPH Tri Pointe Homes, Inc.	18.16%	-6.75%	3.08%	38.46%	22.31%	10.92%
GRBK Green Brick Partners, Inc.	33.15%	-15.14%	19.06%	46.25%	43.34%	27.00%
CVCO Cavco Industries, Inc.	34.91%	7.48%	19.54%	59.60%	19.61%	20.15%

Monthly Returns

The table below presents the monthly returns of Res Construction, 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	-2.33%	8.95%	8.18%	-9.40%	2.43%	-3.32%	23.60%	0.44%	4.89%	-9.10%			24.40%
2023	19.74%	0.66%	7.57%	7.67%	-2.65%	18.28%	3.38%	-3.43%	-10.28%	-6.07%	19.75%	19.83%	94.06%
2022	-14.78%	-5.25%	-12.94%	-1.84%	7.18%	-14.39%	19.87%	-9.24%	-8.77%	9.37%	7.48%	1.67%	-24.90%
2021	7.53%	4.20%	10.63%	8.91%	-1.20%	-5.68%	6.00%	2.68%	-11.10%	9.25%	5.58%	11.09%	55.97%
2020	9.59%	-10.49%	-40.21%	29.55%	24.88%	2.02%	17.95%	3.35%	6.93%	-9.48%	10.36%	-1.35%	24.37%
2019	18.28%	-1.35%	1.88%	7.37%	0.30%	4.61%	6.56%	4.05%	8.47%	2.54%	2.66%	-3.63%	63.42%
2018	1.91%	-8.84%	4.27%	-0.23%	2.81%	-2.19%	-5.13%	1.82%	-6.96%	-9.39%	1.53%	-9.31%	-27.15%
2017	1.45%	5.61%	4.54%	-0.49%	-0.56%	7.99%	0.73%	3.90%	7.24%	11.87%	8.17%	-1.33%	60.37%
2016	-9.56%	0.76%	22.29%	-2.50%	5.18%	0.87%	4.08%	4.37%	-0.69%	-8.33%	9.15%	3.02%	28.19%
2015	-5.59%	8.08%	5.22%	-7.50%	3.29%	5.77%	3.08%	-1.61%	-6.90%	3.79%	1.68%	-6.44%	1.17%
2014		9.27%	2.64%	-3.20%	-2.84%	5.56%	-7.78%	8.95%	-9.22%	5.40%	10.27%	-0.74%	17.18%

Expense Ratio

Res Construction 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.

The portfolio doesn't hold funds that charge fees

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of Res Construction is 30, suggesting that the investment has average results relative to other portfolios in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.

Combined 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.

Res Construction

^GSPC

Portfolio components

	Sharpe ratio	Sortino ratio	Omega ratio	Calmar ratio	Martin ratio
DHI D.R. Horton, Inc.	1.00	1.54	1.21	1.88	4.24
LEN Lennar Corporation	1.22	1.73	1.23	2.28	5.85
PHM PulteGroup, Inc.	1.85	2.53	1.32	3.92	9.92
NVR NVR, Inc.	2.19	2.99	1.38	5.40	12.89
TOL Toll Brothers, Inc.	2.55	3.23	1.41	4.78	13.63
IBP Installed Building Products, Inc.	1.43	2.06	1.26	2.68	5.23
MTH Meritage Homes Corporation	0.95	1.56	1.19	1.94	4.05
TMHC Taylor Morrison Home Corporation	1.94	2.67	1.33	3.60	10.44
KBH KB Home	1.59	2.31	1.27	3.82	9.34
SKY Skyline Champion Corporation	1.67	2.37	1.30	2.10	7.53
MHO M/I Homes, Inc.	1.57	2.15	1.27	3.08	6.81
TPH Tri Pointe Homes, Inc.	1.49	2.22	1.26	2.81	7.97
GRBK Green Brick Partners, Inc.	1.54	2.14	1.27	2.33	8.45
CVCO Cavco Industries, Inc.	2.14	2.93	1.35	4.03	11.47

Sharpe Ratio

The current Res Construction Sharpe ratio is 1.89. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Compared to the broad market, where average Sharpe ratios range from 2.07 to 2.98, this portfolio's current Sharpe ratio places it in the bottom 25%. This suggests that it may not be performing as well in terms of risk-adjusted returns compared to many other portfolios. The lower performance could be due to either lower returns, higher volatility, or a combination of both. This might indicate that the portfolio requires some fine-tuning. You can use the Portfolio Optimization tool to find an allocation that maximizes the Sharpe ratio.

Use the chart below to compare the Sharpe ratio of Res Construction with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Res Construction

Benchmark (^GSPC)

Portfolio components

Dividends

Dividend yield

Res Construction provided a 0.51% dividend yield over the last twelve months.

	TTM	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Portfolio	0.51%	0.44%	0.71%	0.41%	0.38%	0.32%	0.67%	0.21%	0.30%	0.27%	0.20%	0.17%
Portfolio components:
DHI D.R. Horton, Inc.	0.99%	0.69%	1.04%	0.76%	1.05%	1.18%	1.51%	0.83%	1.24%	0.84%	0.80%	0.67%
LEN Lennar Corporation	1.20%	1.01%	1.66%	0.86%	0.82%	0.29%	0.41%	0.25%	0.37%	0.33%	0.36%	0.40%
PHM PulteGroup, Inc.	0.62%	0.66%	1.34%	1.00%	1.16%	1.16%	1.46%	1.08%	1.96%	1.85%	1.07%	0.74%
NVR NVR, 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%
TOL Toll Brothers, Inc.	0.59%	0.81%	1.54%	0.86%	1.01%	1.11%	1.25%	0.50%	0.00%	0.00%	0.00%	0.00%
IBP Installed Building Products, Inc.	1.43%	1.21%	2.52%	0.86%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
MTH Meritage Homes Corporation	1.39%	0.62%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TMHC Taylor Morrison Home 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%
KBH KB Home	0.88%	1.12%	1.88%	1.34%	1.25%	0.67%	0.52%	0.31%	0.63%	0.81%	0.60%	0.55%
SKY Skyline Champion Corporation	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	4.25%	0.00%	0.00%	0.00%	0.00%	0.00%
MHO M/I Homes, 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%
TPH Tri Pointe Homes, 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%
GRBK Green Brick Partners, 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%
CVCO Cavco Industries, 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%

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.

Res Construction

Benchmark (^GSPC)

Portfolio components

Worst Drawdowns

The table below displays the maximum drawdowns of the Res Construction. 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 Res Construction was 61.13%, occurring on Mar 18, 2020. Recovery took 95 trading sessions.

The current Res Construction drawdown is 9.38%.

Depth	Start	To Bottom	Bottom	To Recover	End	Total
-61.13%	Feb 21, 2020	19	Mar 18, 2020	95	Aug 3, 2020	114
-42.6%	Dec 13, 2021	129	Jun 16, 2022	211	Apr 20, 2023	340
-37.39%	Jan 10, 2018	241	Dec 24, 2018	179	Sep 11, 2019	420
-31.5%	Aug 20, 2015	121	Feb 11, 2016	80	Jun 7, 2016	201
-21.42%	Jul 20, 2023	69	Oct 25, 2023	27	Dec 4, 2023	96

Volatility

Volatility Chart

The current Res Construction volatility is 9.41%, 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.

Res Construction

Benchmark (^GSPC)

Portfolio components

Diversification

Asset Correlations Table

The table below displays the correlation coefficients between the individual components of the portfolio, the entire portfolio, and the chosen benchmark.

	SKY	GRBK	CVCO	IBP	NVR	MHO	TPH	TMHC	KBH	MTH	DHI	TOL	PHM	LEN
SKY	1.00	0.40	0.56	0.43	0.39	0.45	0.44	0.44	0.44	0.44	0.44	0.46	0.43	0.44
GRBK	0.40	1.00	0.50	0.49	0.46	0.56	0.56	0.55	0.53	0.55	0.53	0.54	0.53	0.52
CVCO	0.56	0.50	1.00	0.56	0.53	0.62	0.61	0.62	0.60	0.62	0.60	0.61	0.60	0.61
IBP	0.43	0.49	0.56	1.00	0.54	0.62	0.63	0.62	0.62	0.64	0.63	0.64	0.63	0.62
NVR	0.39	0.46	0.53	0.54	1.00	0.64	0.65	0.65	0.67	0.68	0.72	0.70	0.71	0.72
MHO	0.45	0.56	0.62	0.62	0.64	1.00	0.77	0.78	0.78	0.79	0.77	0.77	0.78	0.76
TPH	0.44	0.56	0.61	0.63	0.65	0.77	1.00	0.78	0.78	0.80	0.76	0.78	0.78	0.77
TMHC	0.44	0.55	0.62	0.62	0.65	0.78	0.78	1.00	0.78	0.79	0.77	0.78	0.78	0.77
KBH	0.44	0.53	0.60	0.62	0.67	0.78	0.78	0.78	1.00	0.82	0.81	0.81	0.82	0.82
MTH	0.44	0.55	0.62	0.64	0.68	0.79	0.80	0.79	0.82	1.00	0.81	0.81	0.82	0.81
DHI	0.44	0.53	0.60	0.63	0.72	0.77	0.76	0.77	0.81	0.81	1.00	0.83	0.86	0.88
TOL	0.46	0.54	0.61	0.64	0.70	0.77	0.78	0.78	0.81	0.81	0.83	1.00	0.84	0.84
PHM	0.43	0.53	0.60	0.63	0.71	0.78	0.78	0.78	0.82	0.82	0.86	0.84	1.00	0.85
LEN	0.44	0.52	0.61	0.62	0.72	0.76	0.77	0.77	0.82	0.81	0.88	0.84	0.85	1.00

The correlation results are calculated based on daily price changes starting from Feb 14, 2014

Performance Analysis

Risk Analysis

Optimization

Factor Model

Res Construction

Asset Allocation

Performance

Performance Chart

Returns By Period

Monthly Returns

Expense Ratio

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

Risk-Adjusted Performance Indicators

Sharpe Ratio

Dividends

Dividend yield

Drawdowns

Drawdowns Chart

Worst Drawdowns

Volatility

Volatility Chart

Diversification

Asset Correlations Table

Performance Analysis

Risk Analysis

Optimization

Factor Model

Portfolios

Screeners

Community