New Technology
Asset Allocation
| Position | Category/Sector | Weight |
|---|---|---|
AAPL Apple Inc | Technology | 20% |
ADBE Adobe Inc | Technology | 5% |
AMZN Amazon.com, Inc. | Consumer Cyclical | 15% |
CRM salesforce.com, inc. | Technology | 5% |
GOOGL Alphabet Inc. | Communication Services | 15% |
MSFT Microsoft Corporation | Technology | 20% |
NVDA NVIDIA Corporation | Technology | 10% |
TSLA Tesla, Inc. | Consumer Cyclical | 10% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in New Technology, 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 Jun 29, 2010, corresponding to the inception date of TSLA
Returns By Period
As of Jul 25, 2024, the New Technology returned 23.22% Year-To-Date and 33.51% 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 | 13.20% | -1.28% | 10.32% | 18.23% | 12.31% | 10.58% |
| New Technology | 22.12% | -3.23% | 17.71% | 33.19% | 37.60% | 33.46% |
| Portfolio components: | ||||||
AAPL Apple Inc | 13.26% | 1.99% | 13.33% | 13.16% | 34.21% | 25.96% |
MSFT Microsoft Corporation | 11.67% | -7.47% | 3.96% | 27.50% | 25.49% | 27.40% |
GOOGL Alphabet Inc. | 19.89% | -9.03% | 10.05% | 29.42% | 21.94% | 18.93% |
AMZN Amazon.com, Inc. | 18.37% | -7.11% | 13.03% | 40.23% | 13.14% | 27.45% |
TSLA Tesla, Inc. | -11.36% | 12.16% | 20.19% | -13.87% | 70.90% | 30.91% |
NVDA NVIDIA Corporation | 126.76% | -11.17% | 84.00% | 144.69% | 91.87% | 74.97% |
ADBE Adobe Inc | -10.80% | 0.66% | -13.32% | 3.54% | 11.35% | 22.16% |
CRM salesforce.com, inc. | -2.24% | 5.66% | -8.10% | 14.26% | 9.99% | 16.76% |
Monthly Returns
The table below presents the monthly returns of New Technology, 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 | 1.20% | 6.60% | 1.50% | -1.87% | 6.59% | 9.78% | 22.12% | ||||||
| 2023 | 17.40% | 1.67% | 12.83% | 0.41% | 13.57% | 7.77% | 4.16% | -0.05% | -6.69% | -1.14% | 12.54% | 2.44% | 83.24% |
| 2022 | -7.87% | -3.37% | 6.50% | -16.83% | -3.44% | -8.36% | 17.09% | -7.51% | -11.82% | 1.66% | 3.50% | -12.62% | -38.74% |
| 2021 | 2.03% | -1.63% | 0.52% | 9.48% | -2.39% | 9.53% | 3.52% | 6.80% | -5.45% | 14.60% | 5.13% | -2.09% | 45.60% |
| 2020 | 11.56% | -3.63% | -7.73% | 19.60% | 6.52% | 11.90% | 11.21% | 23.47% | -8.65% | -3.49% | 10.83% | 5.82% | 100.78% |
| 2019 | 6.03% | 3.48% | 5.49% | 4.05% | -10.96% | 8.99% | 4.79% | -2.02% | 2.44% | 8.58% | 5.57% | 7.97% | 52.12% |
| 2018 | 12.78% | 0.58% | -5.61% | 2.23% | 7.42% | 2.39% | 3.17% | 9.88% | -1.07% | -7.87% | -3.15% | -9.07% | 9.55% |
| 2017 | 7.08% | 3.04% | 4.83% | 4.02% | 8.99% | -2.09% | 2.91% | 4.81% | -1.47% | 10.08% | 1.18% | -0.43% | 51.31% |
| 2016 | -8.03% | -2.78% | 10.58% | -3.55% | 8.40% | -3.21% | 10.20% | 0.98% | 3.77% | 0.44% | 0.76% | 5.09% | 22.88% |
| 2015 | -0.72% | 8.92% | -4.17% | 9.08% | 1.76% | -2.05% | 7.44% | -3.26% | 0.80% | 12.02% | 4.67% | -0.13% | 38.21% |
| 2014 | -0.40% | 8.87% | -3.57% | -0.86% | 4.18% | 4.11% | -1.22% | 7.83% | -2.40% | 1.57% | 4.61% | -5.24% | 17.70% |
| 2013 | 0.70% | 0.57% | 2.43% | 7.76% | 14.48% | 0.28% | 6.34% | 4.85% | 4.84% | 6.66% | 3.72% | 2.76% | 70.56% |
Expense Ratio
New Technology 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 New Technology is 68, suggesting that the investment has average results relative to other portfolios in terms of risk-adjusted performance. This ranking is determined by the cumulative 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 | |
|---|---|---|---|---|---|
AAPL Apple Inc | 0.57 | 0.97 | 1.12 | 0.78 | 1.54 |
MSFT Microsoft Corporation | 1.00 | 1.41 | 1.18 | 1.55 | 6.20 |
GOOGL Alphabet Inc. | 1.32 | 1.82 | 1.26 | 2.01 | 7.91 |
AMZN Amazon.com, Inc. | 1.41 | 2.15 | 1.26 | 1.09 | 7.87 |
TSLA Tesla, Inc. | -0.32 | -0.13 | 0.99 | -0.26 | -0.67 |
NVDA NVIDIA Corporation | 3.13 | 3.59 | 1.45 | 7.37 | 20.15 |
ADBE Adobe Inc | 0.04 | 0.29 | 1.04 | 0.04 | 0.09 |
CRM salesforce.com, inc. | 0.41 | 0.72 | 1.12 | 0.38 | 1.26 |
Dividends
Dividend yield
New Technology granted a 0.26% dividend yield in the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| New Technology | 0.26% | 0.25% | 0.36% | 0.24% | 0.32% | 0.47% | 0.74% | 0.69% | 0.90% | 0.97% | 1.00% | 1.13% |
| Portfolio components: | ||||||||||||
AAPL Apple Inc | 0.45% | 0.49% | 0.70% | 0.49% | 0.61% | 1.04% | 1.79% | 1.45% | 1.93% | 1.93% | 1.67% | 2.10% |
MSFT Microsoft Corporation | 0.70% | 0.74% | 1.06% | 0.68% | 0.94% | 1.20% | 1.69% | 1.86% | 2.37% | 2.33% | 2.48% | 2.59% |
GOOGL Alphabet Inc. | 0.12% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
AMZN Amazon.com, 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% |
TSLA Tesla, 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% |
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% |
ADBE Adobe 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% |
CRM salesforce.com, inc. | 0.31% | 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 New Technology. 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 New Technology was 43.49%, occurring on Jan 5, 2023. Recovery took 129 trading sessions.
The current New Technology drawdown is 9.65%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -43.49% | Nov 22, 2021 | 282 | Jan 5, 2023 | 129 | Jul 13, 2023 | 411 |
| -32.16% | Feb 20, 2020 | 18 | Mar 16, 2020 | 53 | Jun 1, 2020 | 71 |
| -27.18% | Oct 2, 2018 | 58 | Dec 24, 2018 | 203 | Oct 15, 2019 | 261 |
| -20.26% | Dec 7, 2015 | 43 | Feb 8, 2016 | 48 | Apr 18, 2016 | 91 |
| -17.01% | Jul 27, 2011 | 18 | Aug 19, 2011 | 39 | Oct 14, 2011 | 57 |
Volatility
Volatility Chart
The current New Technology volatility is 8.35%, 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
| TSLA | AAPL | NVDA | CRM | AMZN | GOOGL | MSFT | ADBE | |
|---|---|---|---|---|---|---|---|---|
| TSLA | 1.00 | 0.37 | 0.38 | 0.38 | 0.38 | 0.35 | 0.35 | 0.38 |
| AAPL | 0.37 | 1.00 | 0.47 | 0.45 | 0.49 | 0.54 | 0.55 | 0.49 |
| NVDA | 0.38 | 0.47 | 1.00 | 0.51 | 0.49 | 0.51 | 0.54 | 0.55 |
| CRM | 0.38 | 0.45 | 0.51 | 1.00 | 0.56 | 0.52 | 0.56 | 0.64 |
| AMZN | 0.38 | 0.49 | 0.49 | 0.56 | 1.00 | 0.64 | 0.57 | 0.57 |
| GOOGL | 0.35 | 0.54 | 0.51 | 0.52 | 0.64 | 1.00 | 0.63 | 0.59 |
| MSFT | 0.35 | 0.55 | 0.54 | 0.56 | 0.57 | 0.63 | 1.00 | 0.65 |
| ADBE | 0.38 | 0.49 | 0.55 | 0.64 | 0.57 | 0.59 | 0.65 | 1.00 |