MATANA Portfolio

Asset Allocation

Position	Category/Sector	Target Weight
MSFT Microsoft Corporation	Technology	16.67%
AAPL Apple Inc	Technology	16.67%
TSLA Tesla, Inc.	Consumer Cyclical	16.67%
GOOG Alphabet Inc	Communication Services	16.67%
NVDA NVIDIA Corporation	Technology	16.67%
AMZN Amazon.com, Inc	Consumer Cyclical	16.67%

Benchmark: S&P 500 Index · Rebalance: Every 3 months

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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in MATANA Portfolio, 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 Every 3 months.

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Benchmark

Compare your portfolio against anything

Returns By Period

As of Aug 3, 2026, the MATANA Portfolio returned 3.26% Year-To-Date and 38.28% of annualized return in the last 10 years.

Position	1D	1M	6M	YTD	1Y	3Y*	5Y*	10Y*	ALL TIME*
Benchmark S&P 500 Index	0.70%	0.09%	7.94%	9.41%	20.07%	17.84%	11.25%	13.26%	8.09%
Portfolio MATANA Portfolio	3.29%	2.52%	4.26%	3.26%	28.83%	31.07%	24.84%	38.28%	35.99%
Portfolio components:
AAPL Apple Inc	-7.35%	0.09%	19.27%	13.84%	53.24%	16.99%	16.79%	29.23%	19.30%
AMZN Amazon.com, Inc	15.32%	11.91%	13.49%	17.66%	26.46%	27.29%	10.30%	21.72%	30.20%
GOOG Alphabet Inc	6.88%	0.13%	5.49%	13.80%	88.30%	39.73%	21.62%	25.03%	22.84%
MSFT Microsoft Corporation	3.02%	19.01%	8.48%	-3.48%	-10.62%	12.25%	11.19%	24.97%	25.16%
NVDA NVIDIA Corporation	2.93%	3.04%	5.16%	7.77%	15.71%	62.93%	59.52%	64.62%	36.28%
TSLA Tesla, Inc.	0.76%	-20.90%	-27.69%	-30.80%	2.84%	6.03%	6.32%	35.29%	40.79%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Apr 3, 2014, MATANA Portfolio's average daily return is +0.14%, while the average monthly return is +2.87%. At this rate, an investment would double in approximately 2.0 years.

Historically, 64% of months were positive and 36% were negative. The best month was Aug 2020 with a return of +27.4%, while the worst month was Apr 2022 at -18.7%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 4 months.

On a daily basis, MATANA Portfolio closed higher 56% of trading days. The best single day was Apr 9, 2025 with a return of +14.6%, while the worst single day was Mar 16, 2020 at -13.9%.

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Total
2026	-0.96%	-6.86%	-4.59%	15.79%	7.15%	-8.50%	3.35%						3.26%
2025	-0.21%	-9.10%	-9.60%	1.68%	12.99%	4.76%	5.59%	3.48%	10.45%	7.36%	-1.65%	0.24%	26.06%
2024	0.73%	9.42%	2.95%	-0.53%	8.23%	9.37%	0.41%	-2.11%	6.11%	-0.09%	10.04%	6.60%	63.32%
2023	20.72%	4.70%	11.56%	-1.02%	16.34%	9.51%	4.20%	0.49%	-6.66%	-3.26%	12.21%	3.08%	94.43%
2022	-8.95%	-2.48%	8.74%	-18.73%	-4.04%	-9.55%	19.01%	-7.75%	-11.21%	-0.57%	4.10%	-14.44%	-41.20%
2021	3.20%	-1.74%	0.11%	10.27%	-2.65%	10.47%	2.48%	7.30%	-4.92%	17.43%	7.02%	-2.69%	53.92%

Benchmark Metrics

MATANA Portfolio has an annualized alpha of 19.41%, beta of 1.34, and R2 of 0.69 versus S&P 500 Index. Calculated based on daily prices since April 03, 2014.

This portfolio captured 209.02% of S&P 500 Index gains and 101.25% of its losses - amplifying both gains and losses, but participating more in upside than downside.
This portfolio generated an annualized alpha of 19.41% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.

Alpha: 19.41%

Beta: 1.34

R²: 0.69

Upside Capture: 209.02%

Downside Capture: 101.25%

See how alpha, beta & R² have trended over time →

Expense Ratio

MATANA Portfolio has an expense ratio of 0.00%, meaning no management fees are charged. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.

The portfolio doesn't include any funds that charge management fees.

Return for Risk

Risk / Return Rank

MATANA Portfolio ranks 21 for risk / return — above 21% of Portfolios peers on PortfoliosLab. Its historical combined result is below the peer median.

Overall Rank

Sharpe Ratio Rank

Sortino Ratio Rank

Omega Ratio Rank

Calmar Ratio Rank

Martin Ratio Rank

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

Risk / Return Metrics

The table below presents risk-adjusted performance metrics for MATANA Portfolio and compares them with S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	Portfolio	Benchmark	Difference
Sharpe ratioReturn per unit of total volatility	1.14	1.42	-0.28
Sortino ratioReturn per unit of downside risk	1.64	1.98	-0.34
Omega ratioGain probability vs. loss probability	1.20	1.25	-0.05
Calmar ratioReturn relative to maximum drawdown	1.40	2.00	-0.61
Martin ratioReturn relative to average drawdown	3.94	8.49	-4.56

How much return does each position deliver for the risk it carries? Higher values mean better reward for the risk taken.

Position	Risk / Return Rank	Sharpe ratio	Sortino ratio	Omega ratio	Calmar ratio	Martin ratio
AAPL Apple Inc	89	1.92	2.57	1.35	3.60	8.56
AMZN Amazon.com, Inc	59	0.46	0.94	1.11	0.74	1.58
GOOG Alphabet Inc	94	2.71	3.75	1.46	4.14	11.53
MSFT Microsoft Corporation	27	-0.39	-0.39	0.95	-0.35	-0.63
NVDA NVIDIA Corporation	56	0.36	0.76	1.09	0.65	1.32
TSLA Tesla, Inc.	43	0.02	0.36	1.04	0.02	0.06

Sharpe Ratio

The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk. Learn how to interpret the Sharpe ratio.

The current MATANA Portfolio Sharpe ratio is 1.14 as of Aug 3, 2026 (the value is recalculated daily), calculated over the past 12 months.

Compared to the broad market, where average Sharpe ratios range from 1.19 to 2.01, this portfolio's current Sharpe ratio places it in the bottom 25%. This suggests weaker risk-adjusted returns than most portfolios, possibly due to lower returns, higher volatility, or both. It may be worth reviewing the allocation. You can use the Portfolio Optimization tool to explore options for improving the Sharpe ratio.

The chart below shows the rolling Sharpe ratio of MATANA Portfolio compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.

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Dividends

Dividend yield

MATANA Portfolio provided a 0.25% dividend yield over the last twelve months.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Portfolio	0.25%	0.23%	0.24%	0.21%	0.31%	0.20%	0.28%	0.42%	0.66%	0.60%	0.79%	0.91%
Portfolio components:
AAPL Apple Inc	0.34%	0.38%	0.40%	0.49%	0.70%	0.49%	0.61%	1.04%	1.79%	1.45%	1.93%	1.93%
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%
GOOG Alphabet Inc	0.24%	0.26%	0.32%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
MSFT Microsoft Corporation	0.77%	0.70%	0.73%	0.74%	1.06%	0.68%	0.94%	1.20%	1.69%	1.86%	2.37%	2.33%
NVDA NVIDIA Corporation	0.14%	0.02%	0.03%	0.03%	0.11%	0.05%	0.12%	0.27%	0.46%	0.29%	0.45%	1.20%
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%

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.

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Worst Drawdowns

The table below displays the maximum drawdowns of the MATANA Portfolio. 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 MATANA Portfolio was 46.26%, occurring on Jan 5, 2023. Recovery took 113 trading sessions.

The current MATANA Portfolio drawdown is 6.12%.

Drawdown	Fall	Recovery	Underwater	Related event
-46.26%Jan 2023	1y 1mo	5mo 16d	1y 7moNov 2021 - Jun 2023	—
-35.31%Mar 2020	27d	2mo 15d	3mo 12dFeb 2020 - Jun 2020	COVID crash2020
-31.88%Apr 2025	3mo 21d	4mo 2d	7mo 23dDec 2024 - Aug 2025	2025 selloff2025
-27.94%Dec 2018	2mo 23d	10mo 4d	1y 22dOct 2018 - Oct 2019	Rate-hike selloffLate 2018
-21.66%Feb 2016	1mo 12d	1mo 26d	3mo 8dDec 2015 - Apr 2016	—

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.

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Diversification

AI Analysis

The gist

The portfolio is an equal-weighted bet on six U.S. mega-cap growth companies, with artificial intelligence and platform economics doing much of the conceptual work.

The numbers

Effective asset count is 6.0/6, so the weights are admirably even; no single position is quietly running the meeting.
The diversification ratio is 1.56 over one year, at the 71.8th percentile, but only 1.32 since inception, at the 56.8th percentile.
Mean correlation is 0.50, ranging from 0.37 to 0.65. Diversification exists, though it is mostly diversification among versions of equity risk.

The good

Microsoft (MSFT), Apple (AAPL), Tesla (TSLA), Alphabet (GOOG), Nvidia (NVDA), and Amazon (AMZN) represent distinct businesses, even where markets group them together.
Tesla and Nvidia provide the portfolio’s least-correlated exposures, while the equal weights prevent the largest company from becoming the entire thesis.

The bad

Alphabet (GOOG), Amazon, and Microsoft are tightly linked, with correlations up to 0.65; advertising, cloud spending, rates, and growth multiples can arrive as one package.
Every position correlates at least 0.69 with the portfolio, leaving no genuine ballast.

The ugly

A rate shock or disappointment in AI-related capital spending could pressure Nvidia, Microsoft, Amazon, and Alphabet simultaneously, while Tesla supplies only a different flavor of volatility.

Next steps

Portfolios with this profile are typically complemented by earnings drivers outside mega-cap growth and the technology cycle.
The improving one-year ratio suggests recent diversification has been better than the long-run relationship, such as it is.

AI-generated analysis. Not investment advice. Verify key facts independently.

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Diversification Metrics

Number of Effective Assets

The portfolio contains 6 assets, with an effective number of assets of 6.00, reflecting the diversification based on asset allocation. Your capital is spread almost evenly across your holdings, indicating a well-balanced allocation. Note that true diversification also depends on the correlations between assets — check the diversification ratio below.

Diversification Ratio

	1Y	3Y	5Y	10Y	All Time
Diversification Ratio	1.56	1.40	1.31	1.30	1.32

The portfolio has a diversification ratio of 1.32, in line with the typical range across portfolios.

MATANA Portfolio correlation to the S&P 500 Index

MATANA Portfolio has a 0.84 correlation to S&P 500 Index over the trailing 12 months. This section compares each holding's correlation to the benchmark and to the portfolio.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.84
Correlation (3Y) Balances recent behavior with more history.	0.82
Correlation (5Y) Shows whether the relationship held over a longer period.	0.85
Correlation (10Y) Provides a long-term view across more market conditions.	0.79
Correlation (All Time) Calculated using the full available price history since Apr 3, 2014	0.78

Benchmark Correlations

Correlation vs. S&P 500 Index. MSFT has the highest benchmark correlation at 0.72, while TSLA has the lowest at 0.48.

0.48

0.63

0.64

0.66

0.68

0.72

Portfolio Correlations

Correlation vs. MATANA Portfolio. NVDA has the highest portfolio correlation at 0.76, while AAPL has the lowest at 0.69.

0.69

0.72

0.74

0.74

0.76

0.76

Asset Correlations Table

See how each holding historically moved in relation to the other holdings, the portfolio, and the selected benchmark.

	TSLA	NVDA	AAPL	AMZN	GOOG	MSFT
TSLA	1.00	0.41	0.40	0.41	0.38	0.37
NVDA	0.41	1.00	0.48	0.52	0.50	0.56
AAPL	0.40	0.48	1.00	0.52	0.54	0.57
AMZN	0.41	0.52	0.52	1.00	0.65	0.62
GOOG	0.38	0.50	0.54	0.65	1.00	0.63
MSFT	0.37	0.56	0.57	0.62	0.63	1.00

Based on daily historical returns since Apr 3, 2014

Diversification Analysis

Find what MATANA Portfolio is missing

See which holdings overlap, where MATANA Portfolio is concentrated, and which low-correlation assets could fill the gaps.

Analyze Diversification