Two ETF - GARP/SPMO
Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
GARP iShares MSCI USA Quality GARP ETF | Large Cap Growth Equities | 50% |
SPMO Invesco S&P 500® Momentum ETF | Large Cap Growth Equities | 50% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Two ETF - GARP/SPMO, 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 Jan 16, 2020, corresponding to the inception date of GARP
Returns By Period
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC | N/A | N/A | N/A | N/A | N/A | N/A |
| Two ETF - GARP/SPMO | 1.34% | -0.71% | 5.26% | 43.35% | N/A | N/A |
| Portfolio components: | ||||||
SPMO Invesco S&P 500® Momentum ETF | 1.72% | -0.26% | 5.75% | 47.54% | 19.47% | N/A |
GARP iShares MSCI USA Quality GARP ETF | 0.96% | -1.16% | 4.76% | 39.35% | N/A | N/A |
Monthly Returns
The table below presents the monthly returns of Two ETF - GARP/SPMO, 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 | 4.85% | 9.69% | 3.63% | -5.31% | 7.77% | 6.93% | -1.50% | 2.75% | 2.13% | -0.98% | 6.95% | -0.61% | 41.50% |
| 2023 | 3.74% | -2.41% | 3.54% | 1.64% | -1.04% | 6.83% | 1.98% | 0.77% | -2.79% | -1.45% | 10.61% | 5.45% | 29.34% |
| 2022 | -7.60% | -2.82% | 3.29% | -9.67% | -0.13% | -8.28% | 10.48% | -3.77% | -8.00% | 10.17% | 3.63% | -5.32% | -18.86% |
| 2021 | 0.54% | -1.09% | 1.89% | 5.33% | -0.63% | 6.34% | 2.75% | 4.49% | -5.52% | 7.85% | -0.73% | 2.33% | 25.34% |
| 2020 | -1.72% | -8.35% | -9.08% | 13.09% | 6.42% | 3.52% | 6.71% | 8.31% | -2.42% | -4.57% | 9.19% | 4.43% | 25.24% |
Expense Ratio
Two ETF - GARP/SPMO has an expense ratio of 0.14%, 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
With an overall rank of 80, Two ETF - GARP/SPMO is among the top 20% of 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 | |
|---|---|---|---|---|---|
SPMO Invesco S&P 500® Momentum ETF | 2.61 | 3.41 | 1.46 | 3.62 | 14.73 |
GARP iShares MSCI USA Quality GARP ETF | 2.11 | 2.74 | 1.37 | 2.95 | 11.02 |
Dividends
Dividend yield
Two ETF - GARP/SPMO provided a 0.43% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 0.43% | 0.43% | 1.19% | 1.76% | 0.60% | 1.01% | 0.70% | 0.53% | 0.38% | 0.97% | 0.18% |
| Portfolio components: | |||||||||||
SPMO Invesco S&P 500® Momentum ETF | 0.47% | 0.48% | 1.63% | 1.66% | 0.52% | 1.27% | 1.39% | 1.05% | 0.77% | 1.94% | 0.36% |
GARP iShares MSCI USA Quality GARP ETF | 0.38% | 0.39% | 0.75% | 1.85% | 0.67% | 0.75% | 0.00% | 0.00% | 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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Two ETF - GARP/SPMO. 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 Two ETF - GARP/SPMO was 31.14%, occurring on Mar 23, 2020. Recovery took 72 trading sessions.
The current Two ETF - GARP/SPMO drawdown is 2.58%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -31.14% | Feb 20, 2020 | 23 | Mar 23, 2020 | 72 | Jul 6, 2020 | 95 |
| -25.98% | Nov 22, 2021 | 143 | Jun 16, 2022 | 373 | Dec 11, 2023 | 516 |
| -13.16% | Jul 11, 2024 | 18 | Aug 5, 2024 | 46 | Oct 9, 2024 | 64 |
| -9.96% | Feb 16, 2021 | 15 | Mar 8, 2021 | 23 | Apr 9, 2021 | 38 |
| -9.19% | Oct 14, 2020 | 13 | Oct 30, 2020 | 5 | Nov 6, 2020 | 18 |
Volatility
Volatility Chart
The current Two ETF - GARP/SPMO volatility is 5.95%, 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
| GARP | SPMO | |
|---|---|---|
| GARP | 1.00 | 0.81 |
| SPMO | 0.81 | 1.00 |