oil +
Asset Allocation
| Position | Category/Sector | Weight |
|---|---|---|
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% |
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
The earliest data available for this chart is Oct 27, 2020, corresponding to the inception date of TBLA
Returns By Period
| Year-To-Date | 1 month | 6 months | 1 year | 5 years (annualized) | 10 years (annualized) | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | 13.20% | -1.28% | 10.32% | 18.23% | 12.31% | 10.58% |
| oil + | 7.56% | -0.95% | 7.41% | -34.06% | N/A | N/A |
| Portfolio components: | ||||||
OXY Occidental Petroleum Corporation | 2.12% | -3.72% | 4.41% | -0.83% | 5.32% | -1.43% |
MRNA Moderna, Inc. | 21.07% | -1.67% | 18.26% | 1.59% | 53.67% | N/A |
TRGP Targa Resources Corp. | 53.80% | 3.51% | 53.90% | 67.88% | 31.21% | 5.13% |
TBLA Taboola.com Ltd. | -24.25% | -3.81% | -24.77% | 1.23% | N/A | N/A |
WE WeWork Inc. | 0.00% | 0.00% | 0.00% | -94.27% | N/A | N/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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.89% | 0.55% | 6.55% | 0.37% | 3.80% | -3.72% | 7.56% | ||||||
| 2023 | 9.51% | -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% |
| 2021 | 16.77% | 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.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of oil + is 0, indicating that it is in the bottom 0% 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 | |
|---|---|---|---|---|---|
OXY Occidental Petroleum Corporation | -0.14 | -0.05 | 0.99 | -0.13 | -0.36 |
MRNA Moderna, Inc. | -0.02 | 0.40 | 1.04 | -0.01 | -0.06 |
TRGP Targa Resources Corp. | 3.05 | 4.06 | 1.50 | 6.62 | 19.74 |
TBLA Taboola.com Ltd. | 0.04 | 0.42 | 1.05 | 0.02 | 0.13 |
WE WeWork Inc. | -0.37 | -0.23 | 0.96 | -0.95 | -1.11 |
Dividends
Dividend yield
oil + granted a 0.50% dividend yield in the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| oil + | 0.50% | 0.55% | 0.45% | 0.15% | 1.55% | 2.74% | 2.52% | 1.94% | 1.78% | 2.81% | 0.99% | 0.83% |
| Portfolio components: | ||||||||||||
OXY Occidental Petroleum Corporation | 1.32% | 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. | 1.70% | 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.
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 79.05%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -83.23% | Oct 26, 2021 | 536 | Dec 12, 2023 | — | — | — |
| -11.98% | Aug 10, 2021 | 8 | Aug 19, 2021 | 41 | Oct 18, 2021 | 49 |
| -11.62% | Dec 14, 2020 | 13 | Dec 31, 2020 | 9 | Jan 14, 2021 | 22 |
| -11.21% | Feb 9, 2021 | 31 | Mar 24, 2021 | 15 | Apr 15, 2021 | 46 |
| -6.42% | Jul 2, 2021 | 11 | Jul 19, 2021 | 7 | Jul 28, 2021 | 18 |
Volatility
Volatility Chart
The current oil + volatility is 3.76%, 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
| MRNA | WE | TBLA | OXY | TRGP | |
|---|---|---|---|---|---|
| MRNA | 1.00 | 0.18 | 0.26 | 0.09 | 0.10 |
| WE | 0.18 | 1.00 | 0.24 | 0.12 | 0.19 |
| TBLA | 0.26 | 0.24 | 1.00 | 0.12 | 0.16 |
| OXY | 0.09 | 0.12 | 0.12 | 1.00 | 0.72 |
| TRGP | 0.10 | 0.19 | 0.16 | 0.72 | 1.00 |