24
Asset Allocation
| Position | Category/Sector | Weight |
|---|---|---|
0700.HK Tencent Holdings Ltd | Communication Services | 10% |
0883.HK CNOOC Ltd | Energy | 10% |
DXJ WisdomTree Japan Hedged Equity Fund | Japan Equities | 10% |
HESAY Hermes International SA | Consumer Cyclical | 10% |
LLY Eli Lilly and Company | Healthcare | 10% |
MITSY Mitsui & Company Ltd | Industrials | 10% |
MSFT Microsoft Corporation | Technology | 10% |
NVDA NVIDIA Corporation | Technology | 10% |
NVO Novo Nordisk A/S | Healthcare | 10% |
RNMBY Rheinmetall AG ADR | Industrials | 10% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in 24, 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 Nov 21, 2012, corresponding to the inception date of RNMBY
Returns By Period
As of Sep 4, 2024, the 24 returned 45.14% Year-To-Date and 28.21% 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 | 15.91% | 3.41% | 8.87% | 22.44% | 13.23% | 10.69% |
| 24 | 45.14% | 10.63% | 14.17% | 52.07% | 38.11% | 28.21% |
| Portfolio components: | ||||||
0700.HK Tencent Holdings Ltd | 30.03% | 5.89% | 39.35% | 16.58% | 2.71% | 11.59% |
0883.HK CNOOC Ltd | 68.70% | 11.08% | 31.31% | 67.91% | 22.75% | 10.43% |
MSFT Microsoft Corporation | 9.48% | 3.80% | 2.20% | 23.67% | 24.63% | 25.76% |
NVDA NVIDIA Corporation | 118.11% | 7.52% | 21.77% | 122.53% | 86.68% | 69.89% |
LLY Eli Lilly and Company | 64.89% | 23.55% | 23.05% | 72.51% | 53.65% | 32.63% |
NVO Novo Nordisk A/S | 32.89% | 8.55% | 10.20% | 44.63% | 38.23% | 19.45% |
HESAY Hermes International SA | 13.37% | 10.64% | -3.17% | 20.12% | 27.20% | 23.01% |
RNMBY Rheinmetall AG ADR | 82.94% | 9.89% | 23.00% | 117.60% | 37.40% | 27.57% |
MITSY Mitsui & Company Ltd | 10.30% | 10.45% | -9.60% | 10.39% | 26.39% | 16.82% |
DXJ WisdomTree Japan Hedged Equity Fund | 21.30% | 15.85% | 0.15% | 22.77% | 20.01% | 11.59% |
Monthly Returns
The table below presents the monthly returns of 24, 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 | 8.51% | 13.30% | 9.10% | 1.19% | 6.19% | 3.18% | -4.13% | 4.73% | 45.14% | ||||
| 2023 | 10.66% | 0.92% | 12.36% | 3.59% | 1.83% | 8.08% | 3.86% | 2.24% | -3.18% | 0.64% | 7.89% | 0.36% | 60.27% |
| 2022 | -2.74% | 4.24% | 11.46% | -5.15% | 0.13% | -3.09% | 2.23% | -4.07% | -7.71% | 3.12% | 17.80% | -0.71% | 13.52% |
| 2021 | 5.14% | 4.64% | -3.20% | 4.52% | 4.92% | 5.92% | -1.03% | 3.41% | -2.03% | 8.47% | 1.68% | 1.57% | 38.91% |
| 2020 | 0.16% | -5.07% | -4.96% | 6.94% | 7.42% | 5.50% | 0.91% | 7.86% | -2.00% | -4.22% | 8.07% | 5.03% | 26.98% |
| 2019 | 7.40% | 3.21% | 5.16% | 2.24% | -8.55% | 8.42% | -0.93% | -1.86% | 3.44% | 3.21% | 2.00% | 6.31% | 33.00% |
| 2018 | 8.47% | -3.68% | -0.53% | 1.89% | 3.14% | -3.75% | 3.73% | 2.08% | 2.26% | -11.65% | 1.33% | -5.03% | -3.22% |
| 2017 | 4.86% | 0.09% | 3.39% | 2.54% | 6.18% | 1.40% | 4.06% | 4.04% | 3.71% | 5.08% | 3.21% | 1.91% | 48.69% |
| 2016 | -3.52% | -2.46% | 8.19% | 0.74% | 3.33% | -1.26% | 8.37% | 1.66% | 1.47% | -1.01% | 2.60% | 3.53% | 23.00% |
| 2015 | -0.38% | 7.08% | 1.83% | 7.73% | 0.90% | -3.23% | 0.36% | -1.51% | -1.88% | 8.59% | 1.58% | 0.28% | 22.56% |
| 2014 | -1.27% | 10.73% | -3.30% | -0.23% | 3.26% | 4.53% | -1.42% | 2.37% | -3.73% | -0.69% | 1.12% | -2.10% | 8.71% |
| 2013 | 6.17% | -0.07% | -1.21% | 4.06% | 2.33% | -3.97% | 4.49% | 2.38% | 6.88% | 0.69% | 3.13% | 1.46% | 29.12% |
Expense Ratio
24 has an expense ratio of 0.05%, 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 risk-adjusted rank of 24 is 95, placing it in the top 5% of portfolios on our website in terms of risk-adjusted performance. This ranking is based on the combined 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 | |
|---|---|---|---|---|---|
0700.HK Tencent Holdings Ltd | 0.61 | 1.05 | 1.13 | 0.29 | 2.16 |
0883.HK CNOOC Ltd | 2.22 | 2.92 | 1.37 | 3.44 | 10.40 |
MSFT Microsoft Corporation | 1.24 | 1.69 | 1.22 | 1.57 | 5.01 |
NVDA NVIDIA Corporation | 2.77 | 3.16 | 1.41 | 5.20 | 17.96 |
LLY Eli Lilly and Company | 2.02 | 2.80 | 1.37 | 3.23 | 11.39 |
NVO Novo Nordisk A/S | 1.32 | 2.00 | 1.25 | 2.11 | 7.46 |
HESAY Hermes International SA | 0.91 | 1.40 | 1.17 | 1.01 | 2.78 |
RNMBY Rheinmetall AG ADR | 3.57 | 4.08 | 1.54 | 6.07 | 18.49 |
MITSY Mitsui & Company Ltd | 0.37 | 0.68 | 1.09 | 0.34 | 1.12 |
DXJ WisdomTree Japan Hedged Equity Fund | 1.14 | 1.51 | 1.22 | 1.01 | 4.50 |
Dividends
Dividend yield
24 granted a 1.61% dividend yield in the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 24 | 1.61% | 2.20% | 3.06% | 1.81% | 2.61% | 2.28% | 2.48% | 1.95% | 2.21% | 3.09% | 3.54% | 3.39% |
| Portfolio components: | ||||||||||||
0700.HK Tencent Holdings Ltd | 0.90% | 1.63% | 0.93% | 0.32% | 0.20% | 0.25% | 0.27% | 0.14% | 0.23% | 0.22% | 0.20% | 0.19% |
0883.HK CNOOC Ltd | 5.88% | 10.31% | 18.84% | 6.85% | 9.05% | 5.63% | 4.96% | 3.83% | 3.81% | 7.06% | 5.46% | 3.95% |
MSFT Microsoft Corporation | 0.73% | 0.74% | 1.06% | 0.68% | 0.94% | 1.20% | 1.69% | 1.86% | 2.37% | 2.33% | 2.48% | 2.59% |
NVDA NVIDIA Corporation | 0.02% | 0.03% | 0.11% | 0.05% | 0.12% | 0.27% | 0.46% | 0.30% | 0.46% | 1.19% | 1.68% | 1.95% |
LLY Eli Lilly and Company | 0.53% | 0.78% | 1.07% | 1.23% | 1.75% | 1.96% | 1.94% | 2.46% | 2.77% | 2.37% | 2.84% | 3.84% |
NVO Novo Nordisk A/S | 0.87% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.17% |
HESAY Hermes International SA | 1.13% | 0.65% | 0.58% | 0.31% | 0.82% | 0.69% | 0.90% | 0.76% | 0.90% | 2.60% | 1.01% | 0.90% |
RNMBY Rheinmetall AG ADR | 1.06% | 1.48% | 1.83% | 2.57% | 2.46% | 2.03% | 2.37% | 1.24% | 1.99% | 0.51% | 1.26% | 3.74% |
MITSY Mitsui & Company Ltd | 2.71% | 2.93% | 3.16% | 3.40% | 8.26% | 8.26% | 9.31% | 6.57% | 7.62% | 8.62% | 8.90% | 14.12% |
DXJ WisdomTree Japan Hedged Equity Fund | 2.31% | 3.44% | 3.02% | 2.64% | 2.53% | 2.47% | 2.92% | 2.30% | 1.98% | 5.95% | 11.61% | 2.44% |
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 24. 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 24 was 26.22%, occurring on Mar 18, 2020. Recovery took 54 trading sessions.
The current 24 drawdown is 5.68%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -26.22% | Feb 20, 2020 | 20 | Mar 18, 2020 | 54 | Jun 3, 2020 | 74 |
| -18.84% | Oct 2, 2018 | 60 | Dec 24, 2018 | 70 | Apr 3, 2019 | 130 |
| -18.57% | Apr 5, 2022 | 124 | Sep 26, 2022 | 48 | Dec 1, 2022 | 172 |
| -14.74% | Jul 15, 2024 | 16 | Aug 5, 2024 | — | — | — |
| -14.28% | Dec 7, 2015 | 47 | Feb 11, 2016 | 43 | Apr 13, 2016 | 90 |
Volatility
Volatility Chart
The current 24 volatility is 5.85%, 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
| MITSY | 0883.HK | 0700.HK | LLY | RNMBY | HESAY | NVO | NVDA | MSFT | DXJ | |
|---|---|---|---|---|---|---|---|---|---|---|
| MITSY | 1.00 | 0.29 | 0.12 | 0.00 | 0.10 | 0.08 | 0.01 | 0.01 | 0.00 | 0.19 |
| 0883.HK | 0.29 | 1.00 | 0.35 | 0.02 | 0.14 | 0.11 | 0.04 | 0.08 | 0.07 | 0.17 |
| 0700.HK | 0.12 | 0.35 | 1.00 | 0.04 | 0.16 | 0.19 | 0.10 | 0.13 | 0.12 | 0.15 |
| LLY | 0.00 | 0.02 | 0.04 | 1.00 | 0.10 | 0.12 | 0.39 | 0.22 | 0.32 | 0.27 |
| RNMBY | 0.10 | 0.14 | 0.16 | 0.10 | 1.00 | 0.29 | 0.16 | 0.16 | 0.14 | 0.27 |
| HESAY | 0.08 | 0.11 | 0.19 | 0.12 | 0.29 | 1.00 | 0.24 | 0.19 | 0.24 | 0.26 |
| NVO | 0.01 | 0.04 | 0.10 | 0.39 | 0.16 | 0.24 | 1.00 | 0.24 | 0.33 | 0.27 |
| NVDA | 0.01 | 0.08 | 0.13 | 0.22 | 0.16 | 0.19 | 0.24 | 1.00 | 0.55 | 0.37 |
| MSFT | 0.00 | 0.07 | 0.12 | 0.32 | 0.14 | 0.24 | 0.33 | 0.55 | 1.00 | 0.41 |
| DXJ | 0.19 | 0.17 | 0.15 | 0.27 | 0.27 | 0.26 | 0.27 | 0.37 | 0.41 | 1.00 |