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Tech Optimist
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Tech Optimist

Last updated Sep 21, 2024

Asset Allocation

BTC-USD 25%ETH-USD 25%QQQ 25%HIMS 5%ASTS 5%RKLB 5%ENPH 5%UBER 5%CryptocurrencyCryptocurrencyEquityEquity
PositionCategory/SectorWeight
ASTS
AST SpaceMobile, Inc.		Communication Services
5%
BTC-USD
Bitcoin
25%
ENPH
Enphase Energy, Inc.		Technology
5%
ETH-USD
Ethereum
25%
HIMS
Hims & Hers Health, Inc.		Consumer Defensive
5%
QQQ
Invesco QQQ		Large Cap Blend Equities
25%
RKLB
Rocket Lab USA, Inc.		Industrials
5%
UBER
Uber Technologies, Inc.		Technology
5%

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Tech Optimist, 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

-10.00%0.00%10.00%20.00%30.00%AprilMayJuneJulyAugustSeptember
23.87%
8.95%
Tech Optimist
Benchmark (^GSPC)
Portfolio components

The earliest data available for this chart is Nov 24, 2020, corresponding to the inception date of RKLB

Returns By Period

Year-To-Date1 month6 months1 year5 years (annualized)10 years (annualized)
^GSPC
S&P 500		19.55%2.37%8.95%32.00%13.81%11.08%
Tech Optimist58.19%-1.02%23.87%118.03%N/AN/A
Portfolio components:
HIMS
Hims & Hers Health, Inc.		83.15%-0.97%-0.18%171.21%10.82%N/A
ASTS
AST SpaceMobile, Inc.		339.47%-22.38%860.14%576.02%N/AN/A
QQQ
Invesco QQQ		18.15%1.60%8.25%35.53%21.23%18.04%
BTC-USD
Bitcoin		49.99%4.99%-1.04%138.51%45.48%65.03%
ETH-USD
Ethereum		14.66%-0.27%-21.60%64.18%66.91%N/A
RKLB
Rocket Lab USA, Inc.		35.08%9.21%84.44%66.74%N/AN/A
ENPH
Enphase Energy, Inc.		-13.05%-0.51%0.25%-4.19%33.46%22.86%
UBER
Uber Technologies, Inc.		20.09%0.86%-7.84%66.49%17.55%N/A

Monthly Returns

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

JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-3.52%29.53%7.66%-13.02%26.44%3.35%3.67%-3.26%58.19%
202324.81%2.72%9.17%1.24%1.05%7.53%-0.36%-9.37%-2.65%5.76%14.97%11.42%83.37%
2022-18.85%6.06%8.06%-16.17%-13.64%-22.82%28.58%-1.52%-12.85%7.83%-7.40%-7.97%-47.31%
202124.73%9.84%20.93%9.41%-9.02%-2.77%4.95%14.17%-6.13%25.28%0.11%-14.18%94.13%
20201.69%23.45%25.54%

Expense Ratio

Tech Optimist 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.

QQQ
Invesco QQQ
Expense ratio chart for QQQ: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of Tech Optimist is 45, 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.

The Risk-Adjusted Performance Rank of Tech Optimist is 4545
Tech Optimist
The Sharpe Ratio Rank of Tech Optimist is 6666Sharpe Ratio Rank
The Sortino Ratio Rank of Tech Optimist is 4949Sortino Ratio Rank
The Omega Ratio Rank of Tech Optimist is 2626Omega Ratio Rank
The Calmar Ratio Rank of Tech Optimist is 3434Calmar Ratio Rank
The Martin Ratio Rank of Tech Optimist is 5050Martin 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.

Tech Optimist
Sharpe ratio
The chart of Sharpe ratio for Tech Optimist, currently valued at 2.37, compared to the broader market-1.000.001.002.003.004.005.002.37
Sortino ratio
The chart of Sortino ratio for Tech Optimist, currently valued at 2.98, compared to the broader market-2.000.002.004.006.002.98
Omega ratio
The chart of Omega ratio for Tech Optimist, currently valued at 1.32, compared to the broader market0.801.001.201.401.601.801.32
Calmar ratio
The chart of Calmar ratio for Tech Optimist, currently valued at 1.64, compared to the broader market0.002.004.006.008.0010.001.64
Martin ratio
The chart of Martin ratio for Tech Optimist, currently valued at 12.72, compared to the broader market0.0010.0020.0030.0040.0012.72
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.32, compared to the broader market-1.000.001.002.003.004.005.002.32
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 3.11, compared to the broader market-2.000.002.004.006.003.11
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.42, compared to the broader market0.801.001.201.401.601.801.42
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 2.09, compared to the broader market0.002.004.006.008.0010.002.09
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 14.29, compared to the broader market0.0010.0020.0030.0040.0014.29
Portfolio components
Sharpe ratioSortino ratioOmega ratioCalmar ratioMartin ratio
HIMS
Hims & Hers Health, Inc.		1.902.901.351.317.55
ASTS
AST SpaceMobile, Inc.		7.825.501.6912.5049.69
QQQ
Invesco QQQ		1.462.011.260.626.44
BTC-USD
Bitcoin		1.402.071.210.836.16
ETH-USD
Ethereum		0.030.531.050.000.10
RKLB
Rocket Lab USA, Inc.		1.121.881.230.374.42
ENPH
Enphase Energy, Inc.		0.100.641.070.010.40
UBER
Uber Technologies, Inc.		0.651.341.150.272.00

Sharpe Ratio

The current Tech Optimist Sharpe ratio is 2.38. 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 1.91 to 2.59, this portfolio's current Sharpe ratio lies between the 25th and 75th percentiles. This indicates that the its risk-adjusted performance is in line with the majority of portfolios. This suggests a balanced approach to risk and return, which might be suitable for a broad range of investors.

Use the chart below to compare the Sharpe ratio of Tech Optimist 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 Ratio1.002.003.004.005.006.00AprilMayJuneJulyAugustSeptember
2.37
2.32
Tech Optimist
Benchmark (^GSPC)
Portfolio components

Dividends

Dividend yield

Tech Optimist granted a 0.12% dividend yield in the last twelve months.

TTM20232022202120202019201820172016201520142013
Tech Optimist0.12%0.15%0.20%0.11%0.14%0.19%0.23%0.21%0.26%0.25%0.35%0.25%
Portfolio components:
HIMS
Hims & Hers Health, 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%
ASTS
AST SpaceMobile, 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%
QQQ
Invesco QQQ		0.49%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%1.01%
BTC-USD
Bitcoin		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
ETH-USD
Ethereum		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
RKLB
Rocket Lab USA, 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%
ENPH
Enphase Energy, 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%
UBER
Uber Technologies, 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. Drawdowns are calculated considering price movements and all distributions paid, if any.

-15.00%-10.00%-5.00%0.00%AprilMayJuneJulyAugustSeptember
-3.75%
-0.19%
Tech Optimist
Benchmark (^GSPC)
Portfolio components

Worst Drawdowns

The table below displays the maximum drawdowns of the Tech Optimist. 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 Tech Optimist was 59.64%, occurring on Jun 18, 2022. Recovery took 625 trading sessions.

The current Tech Optimist drawdown is 4.20%.

Depth

Start

To Bottom

Bottom

To Recover

End

Total

-59.64%Nov 9, 2021222Jun 18, 2022625Mar 4, 2024847
-30.48%May 12, 202170Jul 20, 202145Sep 3, 2021115
-20.11%Feb 22, 20217Feb 28, 202133Apr 2, 202140
-17.4%Mar 12, 202451May 1, 202419May 20, 202470
-17.19%Sep 7, 202115Sep 21, 202124Oct 15, 202139

Volatility

Volatility Chart

The current Tech Optimist volatility is 11.29%, 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.

0.00%5.00%10.00%15.00%AprilMayJuneJulyAugustSeptember
11.29%
4.31%
Tech Optimist
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.
ASTSHIMSETH-USDBTC-USDUBERENPHRKLBQQQ
ASTS1.000.300.150.180.280.320.330.33
HIMS0.301.000.190.180.310.330.330.39
ETH-USD0.150.191.000.820.200.200.240.27
BTC-USD0.180.180.821.000.200.220.230.28
UBER0.280.310.200.201.000.340.330.48
ENPH0.320.330.200.220.341.000.350.45
RKLB0.330.330.240.230.330.351.000.42
QQQ0.330.390.270.280.480.450.421.00
The correlation results are calculated based on daily price changes starting from Nov 25, 2020