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
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The earliest data available for this chart is Apr 25, 2006, corresponding to the inception date of QTEC
Returns By Period
As of May 17, 2025, the OJT returned 1.18% Year-To-Date and 19.42% of annualized return in the last 10 years.
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | 1.30% | 12.94% | 1.49% | 12.48% | 15.82% | 10.87% |
| OJT | 1.18% | 21.22% | 3.71% | 13.19% | 20.44% | 19.42% |
| Portfolio components: | ||||||
IGM iShares Expanded Tech Sector ETF | 1.47% | 21.18% | 5.15% | 17.92% | 20.32% | 19.80% |
IXN iShares Global Tech ETF | 0.70% | 19.67% | 4.52% | 12.46% | 20.39% | 18.68% |
IYW iShares U.S. Technology ETF | 0.39% | 21.14% | 3.01% | 15.94% | 22.24% | 20.19% |
QTEC First Trust NASDAQ-100 Technology Sector Index Fund | 5.44% | 22.78% | 4.90% | 3.96% | 16.05% | 16.82% |
VGT Vanguard Information Technology ETF | -0.69% | 21.46% | 2.54% | 16.14% | 20.98% | 20.03% |
XLK Technology Select Sector SPDR Fund | 1.20% | 21.13% | 3.05% | 11.42% | 21.30% | 19.90% |
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 | 0.62% | -3.06% | -8.82% | 1.75% | 11.80% | 1.18% | |||||||
| 2024 | 2.74% | 5.56% | 1.31% | -5.54% | 7.06% | 7.96% | -2.71% | 0.97% | 2.14% | -1.34% | 5.63% | -0.27% | 25.07% |
| 2023 | 10.65% | 0.24% | 10.09% | -0.95% | 9.92% | 5.77% | 3.68% | -2.01% | -6.10% | -1.39% | 13.54% | 5.32% | 58.15% |
| 2022 | -8.23% | -4.58% | 2.77% | -12.53% | -1.09% | -9.81% | 12.88% | -6.10% | -12.07% | 5.88% | 6.47% | -8.14% | -32.22% |
| 2021 | -0.28% | 1.98% | 0.98% | 5.12% | -0.93% | 6.98% | 3.27% | 3.64% | -5.87% | 7.77% | 2.95% | 2.30% | 30.81% |
| 2020 | 3.22% | -6.85% | -9.40% | 14.15% | 7.49% | 6.72% | 6.04% | 10.26% | -4.89% | -3.70% | 12.05% | 5.41% | 44.26% |
| 2019 | 8.63% | 6.12% | 4.13% | 6.62% | -9.35% | 8.72% | 3.41% | -2.15% | 1.51% | 3.69% | 5.31% | 4.27% | 47.52% |
| 2018 | 7.63% | -0.09% | -3.21% | -0.18% | 6.61% | -0.72% | 2.26% | 6.61% | -0.49% | -8.79% | -0.92% | -8.14% | -0.97% |
| 2017 | 4.69% | 4.54% | 2.55% | 2.28% | 4.56% | -2.65% | 4.07% | 2.86% | 1.18% | 7.21% | 0.89% | 0.13% | 37.07% |
| 2016 | -5.62% | -0.63% | 8.86% | -4.72% | 5.50% | -1.84% | 7.69% | 2.37% | 2.61% | -0.52% | 0.46% | 1.40% | 15.45% |
| 2015 | -3.85% | 8.16% | -2.78% | 1.92% | 2.31% | -4.36% | 2.21% | -5.68% | -1.39% | 10.59% | 1.03% | -2.40% | 4.56% |
| 2014 | -2.20% | 4.94% | 0.01% | -0.70% | 3.79% | 2.85% | 0.76% | 3.84% | -1.00% | 1.54% | 4.98% | -1.58% | 18.23% |
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 21, meaning it’s performing worse than 79% 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 | 0.62 | 1.14 | 1.16 | 0.77 | 2.48 |
IXN iShares Global Tech ETF | 0.42 | 0.86 | 1.12 | 0.56 | 1.73 |
IYW iShares U.S. Technology ETF | 0.53 | 1.03 | 1.14 | 0.69 | 2.18 |
QTEC First Trust NASDAQ-100 Technology Sector Index Fund | 0.12 | 0.50 | 1.07 | 0.21 | 0.63 |
VGT Vanguard Information Technology ETF | 0.54 | 1.02 | 1.14 | 0.67 | 2.19 |
XLK Technology Select Sector SPDR Fund | 0.38 | 0.82 | 1.11 | 0.53 | 1.65 |
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Dividends
Dividend yield
OJT provided a 0.39% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 0.39% | 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 | 0.23% | 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 | 0.42% | 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 | 0.20% | 0.21% | 0.53% | 0.50% | 0.31% | 0.56% | 0.72% | 0.91% | 0.82% | 1.13% | 1.12% | 1.13% |
QTEC First Trust NASDAQ-100 Technology Sector Index Fund | 0.02% | 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 | 0.52% | 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 | 0.66% | 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.
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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 54.92%, occurring on Nov 20, 2008. Recovery took 539 trading sessions.
The current OJT drawdown is 4.00%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -54.92% | Nov 1, 2007 | 267 | Nov 20, 2008 | 539 | Jan 12, 2011 | 806 |
| -37.37% | Dec 28, 2021 | 202 | Oct 14, 2022 | 276 | Nov 20, 2023 | 478 |
| -31.05% | Feb 20, 2020 | 23 | Mar 23, 2020 | 53 | Jun 8, 2020 | 76 |
| -26.59% | 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 chart below shows the rolling one-month volatility.
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Diversification
Diversification Metrics
Number of Effective Assets
The portfolio contains 6 assets, with an effective number of assets of 5.60, 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
| ^GSPC | QTEC | IXN | XLK | IYW | IGM | VGT | Portfolio | |
|---|---|---|---|---|---|---|---|---|
| ^GSPC | 1.00 | 0.82 | 0.88 | 0.89 | 0.87 | 0.89 | 0.89 | 0.89 |
| QTEC | 0.82 | 1.00 | 0.90 | 0.89 | 0.92 | 0.93 | 0.92 | 0.94 |
| IXN | 0.88 | 0.90 | 1.00 | 0.96 | 0.96 | 0.96 | 0.97 | 0.98 |
| XLK | 0.89 | 0.89 | 0.96 | 1.00 | 0.97 | 0.96 | 0.98 | 0.98 |
| IYW | 0.87 | 0.92 | 0.96 | 0.97 | 1.00 | 0.98 | 0.99 | 0.99 |
| IGM | 0.89 | 0.93 | 0.96 | 0.96 | 0.98 | 1.00 | 0.98 | 0.99 |
| VGT | 0.89 | 0.92 | 0.97 | 0.98 | 0.99 | 0.98 | 1.00 | 0.99 |
| Portfolio | 0.89 | 0.94 | 0.98 | 0.98 | 0.99 | 0.99 | 0.99 | 1.00 |