OJT
Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
IGM iShares Expanded Tech Sector ETF | Technology Equities | 14.16% |
IXN iShares Global Tech ETF | Technology Equities | 14.08% |
IYW iShares U.S. Technology ETF | Technology Equities | 12.84% |
QTEC First Trust NASDAQ-100 Technology Sector Index Fund | Technology Equities | 13.10% |
VGT Vanguard Information Technology ETF | Technology Equities | 22.95% |
XLK Technology Select Sector SPDR Fund | Technology Equities | 22.87% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in OJT, 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 Apr 25, 2006, corresponding to the inception date of QTEC
Returns By Period
As of Apr 20, 2025, the OJT returned -16.93% Year-To-Date and 17.26% of annualized return in the last 10 years.
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | -10.18% | -6.71% | -9.92% | 6.35% | 13.40% | 9.65% |
| OJT | -17.06% | -9.95% | -15.50% | 2.86% | 17.12% | 17.26% |
| Portfolio components: | ||||||
IGM iShares Expanded Tech Sector ETF | -16.67% | -9.61% | -13.17% | 6.52% | 17.23% | 17.68% |
IXN iShares Global Tech ETF | -16.31% | -9.52% | -15.07% | 3.66% | 17.21% | 16.65% |
IYW iShares U.S. Technology ETF | -17.63% | -9.86% | -15.30% | 5.50% | 18.98% | 18.04% |
QTEC First Trust NASDAQ-100 Technology Sector Index Fund | -14.36% | -11.79% | -16.51% | -7.29% | 11.80% | 14.36% |
VGT Vanguard Information Technology ETF | -18.60% | -10.05% | -16.03% | 5.91% | 17.84% | 17.86% |
XLK Technology Select Sector SPDR Fund | -16.91% | -9.46% | -16.19% | 0.87% | 18.08% | 17.79% |
Monthly Returns
The table below presents the monthly returns of OJT, 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 | 0.50% | -3.07% | -8.85% | -6.60% | -17.06% | ||||||||
| 2024 | 2.73% | 5.53% | 1.30% | -5.54% | 7.08% | 7.94% | -2.69% | 0.98% | 2.20% | -1.28% | 5.70% | -0.23% | 25.36% |
| 2023 | 10.55% | 0.26% | 10.11% | -0.87% | 9.83% | 5.80% | 3.63% | -1.99% | -6.13% | -1.37% | 13.50% | 5.28% | 57.95% |
| 2022 | -8.24% | -4.56% | 2.78% | -12.52% | -1.12% | -9.77% | 12.90% | -6.08% | -12.05% | 5.95% | 6.39% | -8.13% | -32.15% |
| 2021 | -0.29% | 2.00% | 0.97% | 5.13% | -0.94% | 7.01% | 3.25% | 3.64% | -5.87% | 7.79% | 2.92% | 2.26% | 30.77% |
| 2020 | 3.22% | -6.86% | -9.41% | 14.18% | 7.50% | 6.70% | 6.03% | 10.26% | -4.91% | -3.68% | 12.04% | 5.38% | 44.22% |
| 2019 | 8.70% | 6.13% | 4.10% | 6.66% | -9.39% | 8.71% | 3.43% | -2.17% | 1.47% | 3.68% | 5.31% | 4.26% | 47.47% |
| 2018 | 7.66% | -0.08% | -3.19% | -0.19% | 6.60% | -0.73% | 2.28% | 6.60% | -0.50% | -8.82% | -0.87% | -8.15% | -0.92% |
| 2017 | 4.71% | 4.54% | 2.53% | 2.26% | 4.59% | -2.69% | 4.04% | 2.85% | 1.23% | 7.20% | 0.87% | 0.11% | 36.98% |
| 2016 | -5.65% | -0.62% | 8.85% | -4.71% | 5.51% | -1.85% | 7.67% | 2.38% | 2.61% | -0.51% | 0.50% | 1.40% | 15.49% |
| 2015 | -3.89% | 8.18% | -2.78% | 1.91% | 2.34% | -4.37% | 2.22% | -5.67% | -1.39% | 10.59% | 1.03% | -2.39% | 4.54% |
| 2014 | -2.17% | 4.94% | -0.01% | -0.73% | 3.79% | 2.88% | 0.74% | 3.86% | -0.99% | 1.55% | 5.00% | -1.57% | 18.30% |
Expense Ratio
OJT has an expense ratio of 0.31%, placing it in the medium range. 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
The current rank of OJT is 9, meaning it’s performing worse than 91% of other 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 | |
|---|---|---|---|---|---|
IGM iShares Expanded Tech Sector ETF | 0.06 | 0.28 | 1.04 | 0.06 | 0.23 |
IXN iShares Global Tech ETF | -0.06 | 0.12 | 1.02 | -0.07 | -0.24 |
IYW iShares U.S. Technology ETF | 0.01 | 0.21 | 1.03 | 0.01 | 0.02 |
QTEC First Trust NASDAQ-100 Technology Sector Index Fund | -0.39 | -0.36 | 0.95 | -0.41 | -1.36 |
VGT Vanguard Information Technology ETF | 0.02 | 0.23 | 1.03 | 0.02 | 0.08 |
XLK Technology Select Sector SPDR Fund | -0.13 | 0.03 | 1.00 | -0.15 | -0.51 |
Dividends
Dividend yield
OJT provided a 0.48% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 0.48% | 0.41% | 0.56% | 0.72% | 0.44% | 0.66% | 0.92% | 1.11% | 0.96% | 1.29% | 1.25% | 1.25% |
| Portfolio components: | ||||||||||||
IGM iShares Expanded Tech Sector ETF | 0.28% | 0.22% | 0.52% | 0.53% | 0.16% | 0.32% | 0.50% | 0.57% | 0.57% | 0.90% | 0.79% | 0.88% |
IXN iShares Global Tech ETF | 0.51% | 0.43% | 0.55% | 0.81% | 0.58% | 0.63% | 1.06% | 0.94% | 0.93% | 1.03% | 1.12% | 1.14% |
IYW iShares U.S. Technology ETF | 0.25% | 0.21% | 0.53% | 0.50% | 0.31% | 0.56% | 0.72% | 0.92% | 0.82% | 1.14% | 1.12% | 1.13% |
QTEC First Trust NASDAQ-100 Technology Sector Index Fund | 0.03% | 0.02% | 0.14% | 0.15% | 0.02% | 0.44% | 0.68% | 0.91% | 0.80% | 1.29% | 0.99% | 1.22% |
VGT Vanguard Information Technology ETF | 0.63% | 0.60% | 0.65% | 0.91% | 0.64% | 0.82% | 1.11% | 1.29% | 0.99% | 1.31% | 1.28% | 1.12% |
XLK Technology Select Sector SPDR Fund | 0.81% | 0.66% | 0.76% | 1.04% | 0.65% | 0.92% | 1.16% | 1.60% | 1.37% | 1.74% | 1.79% | 1.75% |
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 OJT. 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 OJT was 54.90%, occurring on Nov 20, 2008. Recovery took 539 trading sessions.
The current OJT drawdown is 21.19%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -54.9% | Nov 1, 2007 | 267 | Nov 20, 2008 | 539 | Jan 12, 2011 | 806 |
| -37.28% | Dec 28, 2021 | 202 | Oct 14, 2022 | 276 | Nov 20, 2023 | 478 |
| -31.07% | Feb 20, 2020 | 23 | Mar 23, 2020 | 53 | Jun 8, 2020 | 76 |
| -26.55% | Feb 19, 2025 | 35 | Apr 8, 2025 | — | — | — |
| -23.31% | Aug 30, 2018 | 80 | Dec 24, 2018 | 59 | Mar 21, 2019 | 139 |
Volatility
Volatility Chart
The current OJT volatility is 18.21%, 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
| QTEC | IXN | XLK | IGM | IYW | VGT | |
|---|---|---|---|---|---|---|
| QTEC | 1.00 | 0.90 | 0.89 | 0.93 | 0.92 | 0.92 |
| IXN | 0.90 | 1.00 | 0.96 | 0.96 | 0.96 | 0.97 |
| XLK | 0.89 | 0.96 | 1.00 | 0.96 | 0.97 | 0.98 |
| IGM | 0.93 | 0.96 | 0.96 | 1.00 | 0.98 | 0.98 |
| IYW | 0.92 | 0.96 | 0.97 | 0.98 | 1.00 | 0.99 |
| VGT | 0.92 | 0.97 | 0.98 | 0.98 | 0.99 | 1.00 |