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TECH Index ETFs
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Diversification

Asset Allocation


TECB 50%BOTZ 50%EquityEquity
PositionCategory/SectorWeight
BOTZ
Global X Robotics & Artificial Intelligence Thematic ETF
Robotics, Technology Equities
50%
TECB
iShares U.S. Tech Breakthrough Multisector ETF
Technology Equities
50%

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in TECH Index ETFs, 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


50.00%60.00%70.00%80.00%90.00%JulyAugustSeptemberOctoberNovemberDecember
78.56%
80.37%
TECH Index ETFs
Benchmark (^GSPC)
Portfolio components

The earliest data available for this chart is Jan 13, 2020, corresponding to the inception date of TECB

Returns By Period


YTD1M6M1Y5Y*10Y*
^GSPC
S&P 500
24.34%0.23%8.53%24.95%13.01%11.06%
TECH Index ETFs19.92%-1.83%6.64%20.40%N/AN/A
TECB
iShares U.S. Tech Breakthrough Multisector ETF
26.44%-0.98%8.09%26.94%N/AN/A
BOTZ
Global X Robotics & Artificial Intelligence Thematic ETF
13.46%-2.71%5.12%13.91%8.19%N/A
*Annualized

Monthly Returns

The table below presents the monthly returns of TECH Index ETFs, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20242.40%7.24%1.66%-6.06%4.10%3.51%-1.40%2.53%1.89%-0.45%5.96%19.92%
202314.14%-1.18%8.98%-1.91%9.49%5.61%2.77%-4.83%-6.63%-5.24%14.97%6.84%48.21%
2022-13.86%-2.71%0.18%-15.84%-1.01%-11.54%10.30%-6.72%-11.48%7.97%7.08%-5.57%-38.48%
20211.29%0.15%-1.03%4.80%-0.58%5.09%0.06%6.46%-2.71%3.82%-2.09%-1.48%14.10%
2020-2.97%-5.06%-8.42%13.65%10.71%3.88%5.70%8.25%-0.76%-2.49%12.31%4.37%43.11%

Expense Ratio

TECH Index ETFs features an expense ratio of 0.54%, falling within the medium range. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.


Expense ratio chart for BOTZ: current value at 0.68% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.68%
Expense ratio chart for TECB: current value at 0.40% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.40%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of TECH Index ETFs is 18, meaning it’s performing worse than 82% 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.


The Risk-Adjusted Performance Rank of TECH Index ETFs is 1818
Overall Rank
The Sharpe Ratio Rank of TECH Index ETFs is 1818
Sharpe Ratio Rank
The Sortino Ratio Rank of TECH Index ETFs is 1818
Sortino Ratio Rank
The Omega Ratio Rank of TECH Index ETFs is 1818
Omega Ratio Rank
The Calmar Ratio Rank of TECH Index ETFs is 1717
Calmar Ratio Rank
The Martin Ratio Rank of TECH Index ETFs is 1919
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.


Sharpe ratio
The chart of Sharpe ratio for TECH Index ETFs, currently valued at 1.19, compared to the broader market-6.00-4.00-2.000.002.004.001.192.10
The chart of Sortino ratio for TECH Index ETFs, currently valued at 1.67, compared to the broader market-6.00-4.00-2.000.002.004.006.001.672.80
The chart of Omega ratio for TECH Index ETFs, currently valued at 1.21, compared to the broader market0.400.600.801.001.201.401.601.801.211.39
The chart of Calmar ratio for TECH Index ETFs, currently valued at 1.16, compared to the broader market0.002.004.006.008.0010.0012.001.163.09
The chart of Martin ratio for TECH Index ETFs, currently valued at 5.99, compared to the broader market0.0010.0020.0030.0040.0050.005.9913.49
TECH Index ETFs
^GSPC

Portfolio components
Sharpe ratioSortino ratioOmega ratioCalmar ratioMartin ratio
TECB
iShares U.S. Tech Breakthrough Multisector ETF
1.652.211.302.389.15
BOTZ
Global X Robotics & Artificial Intelligence Thematic ETF
0.741.131.140.492.96

The current TECH Index ETFs Sharpe ratio is 1.05. 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 1.27 to 2.07, 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 TECH Index ETFs 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.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
1.19
2.10
TECH Index ETFs
Benchmark (^GSPC)
Portfolio components

Dividends

Dividend yield

TECH Index ETFs provided a 0.25% dividend yield over the last twelve months.


TTM20232022202120202019201820172016
Portfolio0.25%0.21%0.42%0.26%0.48%0.42%0.72%0.00%0.03%
TECB
iShares U.S. Tech Breakthrough Multisector ETF
0.35%0.23%0.61%0.35%0.77%0.00%0.00%0.00%0.00%
BOTZ
Global X Robotics & Artificial Intelligence Thematic ETF
0.15%0.20%0.23%0.16%0.19%0.83%1.44%0.01%0.06%

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.


-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-4.94%
-2.62%
TECH Index ETFs
Benchmark (^GSPC)
Portfolio components

Worst Drawdowns

The table below displays the maximum drawdowns of the TECH Index ETFs. 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 TECH Index ETFs was 48.93%, occurring on Oct 14, 2022. Recovery took 512 trading sessions.

The current TECH Index ETFs drawdown is 5.91%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-48.93%Nov 9, 2021235Oct 14, 2022512Oct 29, 2024747
-30.71%Feb 20, 202018Mar 16, 202049May 26, 202067
-12.36%Feb 16, 202115Mar 8, 202176Jun 24, 202191
-9.43%Sep 24, 20217Oct 4, 202123Nov 4, 202130
-8.13%Sep 3, 20203Sep 8, 202023Oct 9, 202026

Volatility

Volatility Chart

The current TECH Index ETFs volatility is 5.47%, 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.


2.00%4.00%6.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
5.47%
3.79%
TECH Index ETFs
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.

BOTZTECB
BOTZ1.000.84
TECB0.841.00
The correlation results are calculated based on daily price changes starting from Jan 14, 2020
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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