Thanksgiving ETFs 2024

Performance

Risk-Adjusted Performance

Dividends

Drawdowns

Volatility

Diversification

Thanksgiving ETFs 2024

Currency in USD · Last updated May 15, 2025

Asset Allocation

Position	Category/Sector	Target Weight
AIRR First Trust RBA American Industrial Renaissance ETF	Building & Construction	7%
ARKK ARK Innovation ETF	Actively Managed, Innovation, Technology Equities	2%
ESPO VanEck Vectors Video Gaming and eSports ETF	Large Cap Growth Equities, Technology Equities, Gaming	8%
IAI iShares U.S. Broker-Dealers & Securities Exchanges ETF	Financials Equities	11%
KCE SPDR S&P Capital Markets ETF	Financials Equities	13%
KIE SPDR S&P Insurance ETF	Financials Equities	14%
MAGS Roundhill Magnificent Seven ETF	Technology Equities	7%
NERD Roundhill BITKRAFT Esports & Digital Entertainment ETF	Global Equities, Technology Equities, Gaming	6%
PKB Invesco Dynamic Building & Construction ETF	Building & Construction	6%
PTF Invesco DWA Technology Momentum ETF	Technology Equities	8%
SPMO Invesco S&P 500® Momentum ETF	Large Cap Growth Equities	7%
XMMO Invesco S&P MidCap Momentum ETF	Mid Cap Growth Equities	7%
XSMO Invesco S&P SmallCap Momentum ETF	Small Cap Growth Equities	4%

Benchmark

Rebalance

Performance

Performance Chart

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The earliest data available for this chart is Apr 11, 2023, corresponding to the inception date of MAGS

Returns By Period

	YTD	1M	6M	1Y	5Y*	10Y*
^GSPC S&P 500	0.60%	9.64%	-0.54%	11.47%	15.67%	10.79%
Thanksgiving ETFs 2024	4.45%	13.30%	3.13%	23.33%	N/A	N/A
Portfolio components:
KCE SPDR S&P Capital Markets ETF	0.66%	16.38%	-2.54%	23.99%	24.93%	13.04%
IAI iShares U.S. Broker-Dealers & Securities Exchanges ETF	7.88%	15.78%	5.50%	31.85%	24.66%	15.39%
PTF Invesco DWA Technology Momentum ETF	-10.77%	14.70%	-8.40%	8.58%	18.08%	16.46%
AIRR First Trust RBA American Industrial Renaissance ETF	0.13%	14.03%	-6.40%	9.08%	31.59%	15.71%
XMMO Invesco S&P MidCap Momentum ETF	1.20%	12.50%	-2.83%	6.64%	19.11%	15.09%
PKB Invesco Dynamic Building & Construction ETF	3.40%	16.20%	-6.36%	5.08%	26.74%	12.86%
ESPO VanEck Vectors Video Gaming and eSports ETF	19.08%	12.95%	25.18%	46.95%	18.42%	N/A
MAGS Roundhill Magnificent Seven ETF	-4.17%	17.06%	2.14%	28.73%	N/A	N/A
NERD Roundhill BITKRAFT Esports & Digital Entertainment ETF	19.34%	12.83%	25.71%	52.21%	8.07%	N/A
ARKK ARK Innovation ETF	-0.07%	21.87%	5.35%	23.95%	-0.06%	11.41%
XSMO Invesco S&P SmallCap Momentum ETF	0.55%	11.23%	-5.75%	8.55%	17.41%	10.75%
SPMO Invesco S&P 500® Momentum ETF	10.31%	15.55%	10.03%	29.33%	22.45%	N/A
KIE SPDR S&P Insurance ETF	4.98%	3.16%	0.81%	17.67%	21.70%	11.98%

*Annualized

Monthly Returns

The table below presents the monthly returns of Thanksgiving ETFs 2024, 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	4.36%	-2.93%	-6.19%	1.14%	8.67%								4.45%
2024	0.25%	8.16%	4.39%	-5.24%	6.34%	1.06%	5.51%	1.45%	3.07%	0.73%	12.86%	-5.50%	36.63%
2023				0.26%	-0.24%	7.93%	4.90%	-2.45%	-3.97%	-4.01%	10.91%	7.86%	21.81%

Expense Ratio

Thanksgiving ETFs 2024 has an expense ratio of 0.41%, 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.

ARKK

ARK Innovation ETF

AIRR

First Trust RBA American Industrial Renaissance ETF

PTF

Invesco DWA Technology Momentum ETF

PKB

Invesco Dynamic Building & Construction ETF

ESPO

VanEck Vectors Video Gaming and eSports ETF

IAI

iShares U.S. Broker-Dealers & Securities Exchanges ETF

XSMO

Invesco S&P SmallCap Momentum ETF

KCE

SPDR S&P Capital Markets ETF

KIE

SPDR S&P Insurance ETF

XMMO

Invesco S&P MidCap Momentum ETF

MAGS

Roundhill Magnificent Seven ETF

NERD

Roundhill BITKRAFT Esports & Digital Entertainment ETF

SPMO

Invesco S&P 500® Momentum ETF

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

With an overall rank of 76, Thanksgiving ETFs 2024 is among the top 24% 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.

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
KCE SPDR S&P Capital Markets ETF	0.91	1.50	1.21	1.02	3.42
IAI iShares U.S. Broker-Dealers & Securities Exchanges ETF	1.30	2.00	1.29	1.51	5.50
PTF Invesco DWA Technology Momentum ETF	0.22	0.74	1.09	0.37	0.97
AIRR First Trust RBA American Industrial Renaissance ETF	0.31	0.75	1.09	0.39	1.05
XMMO Invesco S&P MidCap Momentum ETF	0.27	0.69	1.09	0.37	1.09
PKB Invesco Dynamic Building & Construction ETF	0.18	0.63	1.08	0.28	0.68
ESPO VanEck Vectors Video Gaming and eSports ETF	1.97	2.92	1.37	3.12	10.84
MAGS Roundhill Magnificent Seven ETF	0.85	1.47	1.19	1.06	2.91
NERD Roundhill BITKRAFT Esports & Digital Entertainment ETF	2.24	3.08	1.43	3.06	10.56
ARKK ARK Innovation ETF	0.54	1.16	1.15	0.72	2.07
XSMO Invesco S&P SmallCap Momentum ETF	0.34	0.79	1.10	0.43	1.21
SPMO Invesco S&P 500® Momentum ETF	1.18	1.86	1.27	1.62	5.84
KIE SPDR S&P Insurance ETF	0.90	1.33	1.19	1.42	3.84

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.

Thanksgiving ETFs 2024 Sharpe ratios as of May 15, 2025 (values are recalculated daily):

1-Year: 1.02
All Time: 1.58

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 0.54 to 1.03, 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 Thanksgiving ETFs 2024 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

Thanksgiving ETFs 2024 provided a 0.87% dividend yield over the last twelve months.

	TTM	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Portfolio	0.87%	0.83%	1.06%	1.23%	1.00%	1.00%	0.96%	1.03%	0.76%	0.89%	0.86%	0.81%
Portfolio components:
KCE SPDR S&P Capital Markets ETF	1.58%	1.56%	1.82%	2.42%	1.53%	2.20%	2.32%	2.67%	1.95%	2.30%	2.43%	1.59%
IAI iShares U.S. Broker-Dealers & Securities Exchanges ETF	1.05%	1.05%	1.80%	2.14%	1.31%	1.55%	1.52%	1.58%	1.37%	1.48%	1.31%	1.13%
PTF Invesco DWA Technology Momentum ETF	0.23%	0.00%	0.07%	0.00%	0.00%	0.00%	0.00%	0.08%	0.04%	0.26%	0.00%	0.68%
AIRR First Trust RBA American Industrial Renaissance ETF	0.27%	0.18%	0.23%	0.12%	0.05%	0.10%	0.20%	0.43%	0.30%	0.08%	0.47%	0.38%
XMMO Invesco S&P MidCap Momentum ETF	0.49%	0.34%	0.80%	1.43%	0.41%	0.61%	0.60%	0.19%	0.21%	0.22%	0.64%	1.24%
PKB Invesco Dynamic Building & Construction ETF	0.19%	0.23%	0.33%	0.43%	0.25%	0.30%	0.37%	0.54%	0.17%	0.31%	0.11%	0.10%
ESPO VanEck Vectors Video Gaming and eSports ETF	0.37%	0.44%	0.96%	0.91%	3.36%	0.12%	0.22%	0.04%	0.00%	0.00%	0.00%	0.00%
MAGS Roundhill Magnificent Seven ETF	0.84%	0.81%	0.44%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NERD Roundhill BITKRAFT Esports & Digital Entertainment ETF	1.46%	1.74%	1.07%	0.69%	0.02%	1.05%	0.31%	0.00%	0.00%	0.00%	0.00%	0.00%
ARKK ARK Innovation ETF	0.00%	0.00%	0.00%	0.00%	0.83%	1.31%	0.38%	3.14%	1.32%	0.00%	2.27%	0.00%
XSMO Invesco S&P SmallCap Momentum ETF	0.83%	0.63%	0.96%	1.19%	0.30%	0.82%	0.69%	0.65%	0.28%	0.30%	0.35%	1.31%
SPMO Invesco S&P 500® Momentum ETF	0.49%	0.48%	1.63%	1.66%	0.52%	1.27%	1.39%	1.05%	0.77%	1.94%	0.36%	0.00%
KIE SPDR S&P Insurance ETF	1.59%	1.48%	1.45%	1.90%	1.95%	1.85%	1.76%	1.83%	1.56%	1.55%	1.65%	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.

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Worst Drawdowns

The table below displays the maximum drawdowns of the Thanksgiving ETFs 2024. 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 Thanksgiving ETFs 2024 was 21.01%, occurring on Apr 8, 2025. The portfolio has not yet recovered.

The current Thanksgiving ETFs 2024 drawdown is 2.64%.

Depth	Start	To Bottom	Bottom	To Recover	End	Total
-21.01%	Dec 9, 2024	82	Apr 8, 2025	—	—	—
-11.7%	Aug 1, 2023	63	Oct 27, 2023	24	Dec 1, 2023	87
-9.16%	Jul 17, 2024	14	Aug 5, 2024	14	Aug 23, 2024	28
-6.97%	Apr 1, 2024	15	Apr 19, 2024	17	May 14, 2024	32
-5.02%	Aug 26, 2024	9	Sep 6, 2024	7	Sep 17, 2024	16

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 13 assets, with an effective number of assets of 11.09, reflecting the diversification based on asset allocation. This number of effective assets suggests that the portfolio's investments are spread across a variety of assets, indicating a well-diversified allocation. However, true diversification also depends on the correlations between assets.

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	KIE	MAGS	NERD	ESPO	ARKK	SPMO	IAI	PTF	PKB	AIRR	KCE	XSMO	XMMO	Portfolio
^GSPC	1.00	0.46	0.80	0.66	0.72	0.73	0.85	0.71	0.79	0.72	0.71	0.74	0.75	0.79	0.89
KIE	0.46	1.00	0.14	0.28	0.29	0.31	0.39	0.63	0.31	0.54	0.58	0.64	0.62	0.61	0.61
MAGS	0.80	0.14	1.00	0.58	0.63	0.66	0.71	0.44	0.70	0.49	0.43	0.47	0.48	0.53	0.67
NERD	0.66	0.28	0.58	1.00	0.85	0.66	0.56	0.50	0.64	0.53	0.52	0.56	0.56	0.58	0.72
ESPO	0.72	0.29	0.63	0.85	1.00	0.68	0.59	0.53	0.68	0.55	0.55	0.60	0.59	0.62	0.76
ARKK	0.73	0.31	0.66	0.66	0.68	1.00	0.60	0.65	0.75	0.62	0.64	0.71	0.69	0.67	0.80
SPMO	0.85	0.39	0.71	0.56	0.59	0.60	1.00	0.62	0.72	0.65	0.66	0.63	0.67	0.75	0.79
IAI	0.71	0.63	0.44	0.50	0.53	0.65	0.62	1.00	0.59	0.68	0.73	0.92	0.76	0.76	0.84
PTF	0.79	0.31	0.70	0.64	0.68	0.75	0.72	0.59	1.00	0.64	0.66	0.64	0.69	0.75	0.83
PKB	0.72	0.54	0.49	0.53	0.55	0.62	0.65	0.68	0.64	1.00	0.83	0.76	0.85	0.85	0.84
AIRR	0.71	0.58	0.43	0.52	0.55	0.64	0.66	0.73	0.66	0.83	1.00	0.81	0.89	0.86	0.86
KCE	0.74	0.64	0.47	0.56	0.60	0.71	0.63	0.92	0.64	0.76	0.81	1.00	0.84	0.83	0.90
XSMO	0.75	0.62	0.48	0.56	0.59	0.69	0.67	0.76	0.69	0.85	0.89	0.84	1.00	0.90	0.89
XMMO	0.79	0.61	0.53	0.58	0.62	0.67	0.75	0.76	0.75	0.85	0.86	0.83	0.90	1.00	0.92
Portfolio	0.89	0.61	0.67	0.72	0.76	0.80	0.79	0.84	0.83	0.84	0.86	0.90	0.89	0.92	1.00

The correlation results are calculated based on daily price changes starting from Apr 12, 2023

Performance Analysis

Risk Analysis

Optimization

Factor Model

Thanksgiving ETFs 2024

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