Lorenzo Waters III
Asset Allocation
| Position | Category/Sector | Weight |
|---|---|---|
AAPL Apple Inc | Technology | 5.40% |
JPM JPMorgan Chase & Co. | Financial Services | 11.03% |
QQQ Invesco QQQ | Large Cap Blend Equities | 39.82% |
SCHD Schwab US Dividend Equity ETF | Large Cap Growth Equities, Dividend | 11.94% |
SPY SPDR S&P 500 ETF | Large Cap Growth Equities | 31.81% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Lorenzo Waters III, 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
The earliest data available for this chart is Oct 20, 2011, corresponding to the inception date of SCHD
Returns By Period
As of Oct 2, 2024, the Lorenzo Waters III returned 19.41% Year-To-Date and 16.54% 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 | 19.68% | 1.07% | 9.66% | 33.12% | 14.47% | 11.27% |
| Lorenzo Waters III | 19.41% | -0.10% | 10.48% | 34.92% | 19.72% | 16.54% |
| Portfolio components: | ||||||
AAPL Apple Inc | 17.94% | -1.22% | 34.32% | 30.86% | 33.59% | 26.25% |
JPM JPMorgan Chase & Co. | 23.86% | -7.90% | 5.30% | 47.63% | 16.27% | 16.27% |
QQQ Invesco QQQ | 18.03% | 1.19% | 9.43% | 34.13% | 21.80% | 18.23% |
SCHD Schwab US Dividend Equity ETF | 14.03% | 0.84% | 8.04% | 24.97% | 13.56% | 11.79% |
SPY SPDR S&P 500 ETF | 20.76% | 1.19% | 10.29% | 34.87% | 16.22% | 13.22% |
Monthly Returns
The table below presents the monthly returns of Lorenzo Waters III, 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 | 1.37% | 4.65% | 2.72% | -4.01% | 5.64% | 4.27% | 1.40% | 2.30% | 1.12% | 19.41% | |||
| 2023 | 7.65% | -0.92% | 4.58% | 1.53% | 2.82% | 6.51% | 4.18% | -2.36% | -4.59% | -2.35% | 9.93% | 5.48% | 36.31% |
| 2022 | -6.18% | -3.73% | 3.27% | -10.52% | 0.82% | -9.24% | 9.78% | -4.03% | -9.60% | 8.49% | 5.75% | -6.68% | -22.13% |
| 2021 | -0.14% | 2.75% | 3.74% | 4.91% | 0.52% | 3.04% | 2.14% | 3.70% | -4.32% | 6.70% | 0.18% | 3.18% | 29.28% |
| 2020 | 0.79% | -7.99% | -11.02% | 13.19% | 5.27% | 3.58% | 6.74% | 8.86% | -4.83% | -1.98% | 12.31% | 4.98% | 30.16% |
| 2019 | 7.91% | 3.04% | 2.54% | 5.89% | -7.86% | 7.38% | 2.52% | -2.13% | 2.64% | 3.98% | 4.16% | 3.97% | 38.51% |
| 2018 | 6.73% | -2.01% | -3.65% | 0.09% | 3.79% | 0.39% | 4.18% | 4.59% | 0.00% | -6.80% | 0.10% | -9.19% | -2.98% |
| 2017 | 2.65% | 4.91% | 0.82% | 1.39% | 1.99% | 0.03% | 2.75% | 1.40% | 1.02% | 4.20% | 2.79% | 1.03% | 27.93% |
| 2016 | -6.04% | -1.13% | 6.89% | -1.10% | 3.15% | -1.23% | 5.24% | 1.16% | 1.14% | -0.76% | 3.45% | 2.55% | 13.42% |
| 2015 | -3.20% | 7.19% | -2.02% | 1.77% | 2.06% | -1.87% | 2.64% | -6.37% | -2.44% | 9.41% | 0.77% | -1.99% | 4.97% |
| 2014 | -3.52% | 4.57% | 0.21% | 0.05% | 3.07% | 2.60% | 0.08% | 4.43% | -0.72% | 2.55% | 3.58% | -1.10% | 16.60% |
| 2013 | 3.40% | 1.14% | 2.63% | 2.41% | 3.73% | -2.45% | 6.17% | -2.05% | 3.35% | 4.61% | 4.23% | 2.50% | 33.60% |
Expense Ratio
Lorenzo Waters III has an expense ratio of 0.12%, which is considered low compared to other funds. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of Lorenzo Waters III is 61, 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.
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 | |
|---|---|---|---|---|---|
AAPL Apple Inc | 1.46 | 2.16 | 1.27 | 1.98 | 4.66 |
JPM JPMorgan Chase & Co. | 2.41 | 2.80 | 1.44 | 2.88 | 13.90 |
QQQ Invesco QQQ | 1.99 | 2.63 | 1.35 | 2.55 | 9.30 |
SCHD Schwab US Dividend Equity ETF | 2.04 | 2.93 | 1.35 | 1.81 | 10.78 |
SPY SPDR S&P 500 ETF | 2.79 | 3.73 | 1.51 | 2.98 | 17.33 |
Dividends
Dividend yield
Lorenzo Waters III granted a 1.32% dividend yield in the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Lorenzo Waters III | 1.32% | 1.40% | 1.62% | 1.17% | 1.43% | 1.52% | 1.75% | 1.51% | 1.75% | 1.79% | 1.83% | 1.64% |
| Portfolio components: | ||||||||||||
AAPL Apple Inc | 0.43% | 0.49% | 0.70% | 0.49% | 0.61% | 1.04% | 1.79% | 1.45% | 1.93% | 1.93% | 1.67% | 2.10% |
JPM JPMorgan Chase & Co. | 2.13% | 2.38% | 2.98% | 2.34% | 2.83% | 2.37% | 2.54% | 1.91% | 2.13% | 2.54% | 2.49% | 2.33% |
QQQ Invesco QQQ | 0.63% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.01% |
SCHD Schwab US Dividend Equity ETF | 3.47% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% | 2.47% |
SPY SPDR S&P 500 ETF | 1.23% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
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 Lorenzo Waters III. 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 Lorenzo Waters III was 31.94%, occurring on Mar 23, 2020. Recovery took 79 trading sessions.
The current Lorenzo Waters III drawdown is 1.21%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -31.94% | Feb 20, 2020 | 23 | Mar 23, 2020 | 79 | Jul 15, 2020 | 102 |
| -28.38% | Jan 4, 2022 | 194 | Oct 11, 2022 | 287 | Dec 1, 2023 | 481 |
| -21.18% | Oct 4, 2018 | 56 | Dec 24, 2018 | 77 | Apr 16, 2019 | 133 |
| -14.76% | Jul 21, 2015 | 143 | Feb 11, 2016 | 106 | Jul 14, 2016 | 249 |
| -12.25% | Apr 3, 2012 | 42 | Jun 1, 2012 | 67 | Sep 6, 2012 | 109 |
Volatility
Volatility Chart
The current Lorenzo Waters III volatility is 4.50%, 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
| JPM | AAPL | SCHD | QQQ | SPY | |
|---|---|---|---|---|---|
| JPM | 1.00 | 0.34 | 0.68 | 0.48 | 0.66 |
| AAPL | 0.34 | 1.00 | 0.46 | 0.74 | 0.63 |
| SCHD | 0.68 | 0.46 | 1.00 | 0.67 | 0.86 |
| QQQ | 0.48 | 0.74 | 0.67 | 1.00 | 0.90 |
| SPY | 0.66 | 0.63 | 0.86 | 0.90 | 1.00 |