Tech

Performance

Risk-Adjusted Performance

Dividends

Drawdowns

Volatility

Diversification

Tech

Currency in USD · Last updated May 14, 2025

Asset Allocation

Position	Category/Sector	Target Weight
AAPL Apple Inc	Technology	6%
AMZN Amazon.com, Inc.	Consumer Cyclical	6%
FTEC Fidelity MSCI Information Technology Index ETF	Technology Equities	41%
GBTC Grayscale Bitcoin Trust (BTC)	Financial Services	12%
GOOGL Alphabet Inc Class A	Communication Services	11%
MA Mastercard Inc	Financial Services	6%
META Meta Platforms, Inc.	Communication Services	6%
MSFT Microsoft Corporation	Technology	6%
TSLA Tesla, Inc.	Consumer Cyclical	6%

Benchmark

Rebalance

Performance

Performance Chart

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The earliest data available for this chart is May 4, 2015, corresponding to the inception date of GBTC

Returns By Period

As of May 14, 2025, the Tech returned -1.15% Year-To-Date and 36.33% of annualized return in the last 10 years.

	YTD	1M	6M	1Y	5Y*	10Y*
^GSPC S&P 500	0.08%	9.75%	-1.63%	12.74%	15.66%	10.77%
Tech	-1.15%	16.59%	2.35%	27.37%	31.32%	36.33%
Portfolio components:
FTEC Fidelity MSCI Information Technology Index ETF	-1.48%	17.68%	-1.56%	18.51%	21.11%	19.73%
GOOGL Alphabet Inc Class A	-15.63%	1.52%	-11.96%	-5.23%	18.84%	19.40%
AAPL Apple Inc	-14.77%	7.60%	-4.81%	14.84%	23.24%	22.19%
MSFT Microsoft Corporation	6.77%	15.62%	6.60%	9.39%	21.14%	26.91%
MA Mastercard Inc	9.84%	13.11%	9.30%	26.70%	16.49%	20.77%
AMZN Amazon.com, Inc.	-3.66%	14.33%	1.18%	13.29%	12.14%	25.86%
TSLA Tesla, Inc.	-17.28%	32.40%	1.70%	94.35%	44.42%	35.12%
META Meta Platforms, Inc.	12.14%	20.69%	12.37%	40.69%	26.21%	23.47%
GBTC Grayscale Bitcoin Trust (BTC)	11.77%	24.84%	16.14%	65.10%	51.29%	71.94%

*Annualized

Monthly Returns

The table below presents the monthly returns of Tech, 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	3.06%	-7.59%	-8.34%	2.61%	10.36%								-1.15%
2024	1.79%	11.12%	3.03%	-5.00%	7.02%	5.39%	0.67%	-1.25%	4.91%	0.41%	11.54%	2.48%	49.46%
2023	17.55%	0.33%	14.86%	0.79%	6.45%	9.83%	3.30%	-1.41%	-4.30%	2.93%	12.02%	5.89%	89.95%
2022	-8.50%	-3.89%	4.56%	-12.67%	-4.92%	-12.76%	14.81%	-6.69%	-11.10%	1.80%	0.93%	-9.09%	-40.75%
2021	1.05%	3.85%	3.99%	5.98%	-5.96%	5.84%	5.52%	4.42%	-5.97%	14.07%	0.34%	-2.16%	33.55%
2020	11.11%	-6.59%	-12.93%	20.83%	7.30%	5.14%	11.92%	15.93%	-9.36%	1.90%	18.85%	13.16%	98.55%
2019	7.56%	5.14%	4.30%	9.64%	3.20%	13.47%	2.72%	-3.56%	0.49%	5.85%	2.79%	3.55%	69.85%
2018	4.62%	0.90%	-9.24%	7.22%	2.29%	-1.81%	3.85%	4.93%	-3.16%	-8.00%	-4.04%	-9.22%	-12.73%
2017	3.96%	4.38%	3.07%	6.04%	39.30%	-7.85%	3.86%	20.06%	-7.03%	8.51%	11.32%	6.48%	127.00%
2016	-9.08%	0.39%	7.79%	0.99%	5.01%	5.36%	5.31%	-0.43%	3.29%	2.34%	-2.84%	4.94%	24.24%
2015					-1.58%	-1.96%	5.63%	-6.08%	-0.12%	11.98%	6.04%	5.05%	19.27%

Expense Ratio

Tech has an expense ratio of 0.03%, which is considered low. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.

FTEC

Fidelity MSCI Information Technology Index ETF

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of Tech is 67, indicating average performance compared to other portfolios on our website. Here’s 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
FTEC Fidelity MSCI Information Technology Index ETF	0.61	1.07	1.15	0.71	2.33
GOOGL Alphabet Inc Class A	-0.17	-0.05	0.99	-0.19	-0.42
AAPL Apple Inc	0.45	0.91	1.13	0.48	1.62
MSFT Microsoft Corporation	0.37	0.73	1.10	0.41	0.91
MA Mastercard Inc	1.28	1.81	1.27	1.63	6.82
AMZN Amazon.com, Inc.	0.39	0.71	1.09	0.37	1.00
TSLA Tesla, Inc.	1.31	2.08	1.25	1.60	3.91
META Meta Platforms, Inc.	1.11	1.64	1.21	1.13	3.50
GBTC Grayscale Bitcoin Trust (BTC)	1.22	1.90	1.22	2.35	5.22

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.

Tech Sharpe ratios as of May 14, 2025 (values are recalculated daily):

1-Year: 0.97
5-Year: 1.12
10-Year: 1.30
All Time: 1.29

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 0.59 to 1.09, this portfolio's current Sharpe ratio falls between the 25th and 75th percentiles. This indicates that its risk-adjusted performance is in line with the majority of portfolios, suggesting a balanced approach to risk and return—likely suitable for a wide range of investors.

The chart below shows the rolling Sharpe ratio of Tech compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time. For deeper analysis or to customize the calculation, use the Sharpe ratio tool.

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Dividends

Dividend yield

Tech provided a 0.38% dividend yield over the last twelve months.

	TTM	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Portfolio	0.38%	0.35%	0.42%	0.52%	0.36%	0.46%	0.58%	0.73%	0.66%	0.82%	0.81%	0.73%
Portfolio components:
FTEC Fidelity MSCI Information Technology Index ETF	0.49%	0.49%	0.77%	0.93%	0.63%	0.83%	1.03%	1.20%	0.96%	1.25%	1.27%	1.09%
GOOGL Alphabet Inc Class A	0.50%	0.32%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
AAPL Apple Inc	0.47%	0.40%	0.49%	0.70%	0.49%	0.61%	1.04%	1.79%	1.45%	1.93%	1.93%	1.67%
MSFT Microsoft Corporation	0.70%	0.73%	0.74%	1.06%	0.68%	0.94%	1.20%	1.69%	1.86%	2.37%	2.33%	2.48%
MA Mastercard Inc	0.49%	0.50%	0.53%	0.56%	0.49%	0.45%	0.44%	0.53%	0.58%	0.74%	0.66%	0.51%
AMZN Amazon.com, 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%
TSLA Tesla, 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%
META Meta Platforms, Inc.	0.31%	0.34%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
GBTC Grayscale Bitcoin Trust (BTC)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.26%	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 Tech. 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 was 45.65%, occurring on Dec 28, 2022. Recovery took 225 trading sessions.

The current Tech drawdown is 7.14%.

Depth	Start	To Bottom	Bottom	To Recover	End	Total
-45.65%	Nov 9, 2021	286	Dec 28, 2022	225	Nov 20, 2023	511
-36.02%	Feb 20, 2020	18	Mar 16, 2020	60	Jun 10, 2020	78
-31.81%	Dec 19, 2017	255	Dec 24, 2018	119	Jun 17, 2019	374
-27.52%	Dec 18, 2024	75	Apr 8, 2025	—	—	—
-18.08%	Dec 30, 2015	28	Feb 9, 2016	49	Apr 20, 2016	77

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 9 assets, with an effective number of assets of 4.63, reflecting the diversification based on asset allocation. This number of effective assets suggests a highly concentrated portfolio, where a few assets dominate the allocation, potentially increasing the portfolio's risk due to lack of 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.

	^GSPC	GBTC	TSLA	MA	META	AAPL	AMZN	GOOGL	MSFT	FTEC	Portfolio
^GSPC	1.00	0.24	0.47	0.71	0.62	0.69	0.65	0.71	0.76	0.90	0.77
GBTC	0.24	1.00	0.18	0.15	0.17	0.17	0.20	0.19	0.21	0.24	0.63
TSLA	0.47	0.18	1.00	0.32	0.36	0.42	0.42	0.39	0.40	0.50	0.55
MA	0.71	0.15	0.32	1.00	0.47	0.50	0.49	0.54	0.59	0.67	0.58
META	0.62	0.17	0.36	0.47	1.00	0.51	0.62	0.67	0.60	0.66	0.63
AAPL	0.69	0.17	0.42	0.50	0.51	1.00	0.57	0.59	0.64	0.78	0.66
AMZN	0.65	0.20	0.42	0.49	0.62	0.57	1.00	0.68	0.67	0.70	0.67
GOOGL	0.71	0.19	0.39	0.54	0.67	0.59	0.68	1.00	0.71	0.73	0.70
MSFT	0.76	0.21	0.40	0.59	0.60	0.64	0.67	0.71	1.00	0.84	0.73
FTEC	0.90	0.24	0.50	0.67	0.66	0.78	0.70	0.73	0.84	1.00	0.83
Portfolio	0.77	0.63	0.55	0.58	0.63	0.66	0.67	0.70	0.73	0.83	1.00

The correlation results are calculated based on daily price changes starting from May 5, 2015

Performance Analysis

Risk Analysis

Optimization

Factor Model

Tech

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