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oil +
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Diversification

Asset Allocation


WE 33.6%OXY 16.6%MRNA 16.6%TRGP 16.6%TBLA 16.6%EquityEquity
PositionCategory/SectorWeight
MRNA
Moderna, Inc.
Healthcare

16.60%

OXY
Occidental Petroleum Corporation
Energy

16.60%

TBLA
Taboola.com Ltd.
Communication Services

16.60%

TRGP
Targa Resources Corp.
Energy

16.60%

WE
WeWork Inc.
Real Estate

33.60%

S&P 500

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in oil +, 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


-5.00%0.00%5.00%10.00%15.00%20.00%2024FebruaryMarchAprilMayJune
15.21%
15.10%
oil +
Benchmark (^GSPC)
Portfolio components

The earliest data available for this chart is Oct 27, 2020, corresponding to the inception date of TBLA

Returns By Period


Year-To-Date1 month6 months1 year5 years (annualized)10 years (annualized)
^GSPC
S&P 500
13.87%2.33%15.10%22.72%13.49%10.85%
oil +10.41%-1.06%15.19%-32.22%N/AN/A
OXY
Occidental Petroleum Corporation
0.95%-5.23%2.94%3.80%6.03%-1.83%
MRNA
Moderna, Inc.
40.80%8.50%62.81%7.73%55.56%N/A
TRGP
Targa Resources Corp.
38.67%2.96%41.04%69.57%30.69%4.84%
TBLA
Taboola.com Ltd.
-15.47%-15.67%0.00%22.00%N/AN/A
WE
WeWork Inc.
0.00%0.00%-33.11%-94.31%N/AN/A

Monthly Returns

The table below presents the monthly returns of oil +, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20240.89%0.55%6.55%0.37%4.13%10.41%
20239.51%-18.86%-11.46%-19.49%-13.76%10.81%0.33%-12.54%-7.07%-14.25%-21.10%7.78%-64.01%
2022-6.51%1.75%11.18%-6.24%3.06%-20.24%6.08%-7.23%-21.48%8.59%14.93%-9.50%-28.87%
202116.77%2.21%-0.03%8.94%3.10%9.82%0.51%-0.36%3.99%4.88%-10.49%-5.23%36.34%
2020-1.03%42.34%-2.32%37.59%

Expense Ratio

oil + has an expense ratio of 0.00%, indicating no management fees are charged. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.


The portfolio doesn't hold funds that charge fees

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of oil + is 1, indicating that it is in the bottom 1% of portfolios on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.


The Risk-Adjusted Performance Rank of oil + is 11
oil +
The Sharpe Ratio Rank of oil + is 00Sharpe Ratio Rank
The Sortino Ratio Rank of oil + is 00Sortino Ratio Rank
The Omega Ratio Rank of oil + is 00Omega Ratio Rank
The Calmar Ratio Rank of oil + is 11Calmar Ratio Rank
The Martin Ratio Rank of oil + is 11Martin 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.


oil +
Sharpe ratio
The chart of Sharpe ratio for oil +, currently valued at -0.73, compared to the broader market0.002.004.006.00-0.73
Sortino ratio
The chart of Sortino ratio for oil +, currently valued at -0.90, compared to the broader market-2.000.002.004.006.00-0.90
Omega ratio
The chart of Omega ratio for oil +, currently valued at 0.88, compared to the broader market0.801.001.201.401.601.800.88
Calmar ratio
The chart of Calmar ratio for oil +, currently valued at -0.37, compared to the broader market0.002.004.006.008.0010.00-0.37
Martin ratio
The chart of Martin ratio for oil +, currently valued at -0.85, compared to the broader market0.0010.0020.0030.0040.0050.00-0.85
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.14, compared to the broader market0.002.004.006.002.14
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 3.04, compared to the broader market-2.000.002.004.006.003.04
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.38, compared to the broader market0.801.001.201.401.601.801.38
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.71, compared to the broader market0.002.004.006.008.0010.001.71
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 8.02, compared to the broader market0.0010.0020.0030.0040.0050.008.02

Portfolio components
Sharpe ratioSortino ratioOmega ratioCalmar ratioMartin ratio
OXY
Occidental Petroleum Corporation
0.160.401.050.140.43
MRNA
Moderna, Inc.
0.200.751.080.130.47
TRGP
Targa Resources Corp.
3.384.431.546.4321.70
TBLA
Taboola.com Ltd.
0.471.051.130.302.44
WE
WeWork Inc.
-0.36-0.090.98-0.94-1.15

Sharpe Ratio

The current oil + Sharpe ratio is -0.73. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Compared to the broad market, where average Sharpe ratios range from 1.41 to 2.33, this portfolio's current Sharpe ratio places it in the bottom 25%. This suggests that it may not be performing as well in terms of risk-adjusted returns compared to many other portfolios. The lower performance could be due to either lower returns, higher volatility, or a combination of both. This might indicate that the portfolio requires some fine-tuning. You can use the Portfolio Optimization tool to find an allocation that maximizes the Sharpe ratio.

Use the chart below to compare the Sharpe ratio of oil + with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.002024FebruaryMarchAprilMayJune
-0.73
2.14
oil +
Benchmark (^GSPC)
Portfolio components

Dividends

Dividend yield

oil + granted a 0.54% dividend yield in the last twelve months.


TTM20232022202120202019201820172016201520142013
oil +0.54%0.55%0.45%0.15%1.55%2.74%2.52%1.94%1.78%2.81%0.99%0.83%
OXY
Occidental Petroleum Corporation
1.34%1.21%0.83%0.14%4.74%7.62%5.05%4.15%4.24%4.39%3.46%2.69%
MRNA
Moderna, 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%
TRGP
Targa Resources Corp.
1.89%2.13%1.90%0.77%4.59%8.92%10.11%7.52%6.49%12.53%2.52%2.33%
TBLA
Taboola.com Ltd.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
WE
WeWork 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%

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-80.00%-60.00%-40.00%-20.00%0.00%2024FebruaryMarchAprilMayJune
-78.40%
-0.04%
oil +
Benchmark (^GSPC)
Portfolio components

Worst Drawdowns

The table below displays the maximum drawdowns of the oil +. 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 oil + was 83.23%, occurring on Dec 12, 2023. The portfolio has not yet recovered.

The current oil + drawdown is 78.20%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-83.23%Oct 26, 2021536Dec 12, 2023
-11.98%Aug 10, 20218Aug 19, 202141Oct 18, 202149
-11.62%Dec 14, 202013Dec 31, 20209Jan 14, 202122
-11.21%Feb 9, 202131Mar 24, 202115Apr 15, 202146
-6.42%Jul 2, 202111Jul 19, 20217Jul 28, 202118

Volatility

Volatility Chart

The current oil + volatility is 4.43%, 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.


5.00%10.00%15.00%20.00%2024FebruaryMarchAprilMayJune
4.43%
2.26%
oil +
Benchmark (^GSPC)
Portfolio components

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.

MRNAWETBLAOXYTRGP
MRNA1.000.190.260.090.10
WE0.191.000.240.120.19
TBLA0.260.241.000.130.16
OXY0.090.120.131.000.72
TRGP0.100.190.160.721.00
The correlation results are calculated based on daily price changes starting from Oct 28, 2020