Alpha
Asset Allocation
| Position | Category/Sector | Weight |
|---|---|---|
TSLA Tesla, Inc. | Consumer Cyclical | 25% |
NVDA NVIDIA Corporation | Technology | 25% |
QQQ Invesco QQQ | Large Cap Blend Equities | 25% |
SCHD Schwab US Dividend Equity ETF | Large Cap Growth Equities, Dividend | 25% |
Performance
The chart shows the growth of an initial investment of $10,000 in Alpha, 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
Returns
As of Sep 21, 2023, the Alpha returned 78.45% Year-To-Date and 36.31% of annualized return in the last 10 years.
| 1 month | 6 months | Year-To-Date | 1 year | 5 years (annualized) | 10 years (annualized) | |
|---|---|---|---|---|---|---|
| Benchmark | 0.33% | 11.48% | 14.66% | 16.16% | 8.51% | 9.99% |
| Alpha | 1.41% | 29.12% | 78.45% | 57.07% | 41.89% | 36.43% |
| Portfolio components: | ||||||
TSLA Tesla, Inc. | 12.61% | 36.61% | 113.18% | -12.70% | 67.74% | 36.15% |
NVDA NVIDIA Corporation | -7.50% | 55.37% | 189.13% | 218.72% | 45.44% | 60.89% |
QQQ Invesco QQQ | 0.46% | 18.02% | 37.50% | 29.43% | 15.58% | 17.63% |
SCHD Schwab US Dividend Equity ETF | 0.24% | 5.02% | -1.48% | 8.21% | 9.83% | 11.24% |
| Returns over 1 year are annualized | ||||||
Asset Correlations Table
| TSLA | SCHD | NVDA | QQQ | |
|---|---|---|---|---|
| TSLA | 1.00 | 0.32 | 0.40 | 0.51 |
| SCHD | 0.32 | 1.00 | 0.46 | 0.70 |
| NVDA | 0.40 | 0.46 | 1.00 | 0.70 |
| QQQ | 0.51 | 0.70 | 0.70 | 1.00 |
Dividend yield
Alpha granted a 1.06% dividend yield in the last twelve months.
| TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Alpha | 1.06% | 1.10% | 0.86% | 1.04% | 1.11% | 1.25% | 1.09% | 1.29% | 1.52% | 1.69% | 1.63% | 1.51% |
| Portfolio components: | ||||||||||||
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 | 0.04% | 0.11% | 0.05% | 0.12% | 0.27% | 0.46% | 0.30% | 0.46% | 1.23% | 1.77% | 2.06% | 0.66% |
QQQ Invesco QQQ | 0.59% | 0.81% | 0.43% | 0.56% | 0.76% | 0.94% | 0.87% | 1.11% | 1.05% | 1.51% | 1.10% | 1.39% |
SCHD Schwab US Dividend Equity ETF | 3.61% | 3.48% | 2.96% | 3.46% | 3.39% | 3.60% | 3.18% | 3.59% | 3.81% | 3.47% | 3.34% | 3.98% |
Expense Ratio
The Alpha has an expense ratio of 0.06% which is considered to be low. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.
Risk-Adjusted Performance
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 | Ulcer Index | |
|---|---|---|---|---|---|
TSLA Tesla, Inc. | -0.25 | ||||
NVDA NVIDIA Corporation | 3.98 | ||||
QQQ Invesco QQQ | 1.14 | ||||
SCHD Schwab US Dividend Equity ETF | 0.36 |
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below shows the maximum drawdowns of the Alpha. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.
The maximum drawdown since January 2010 for the Alpha is 41.56%, recorded on Jan 3, 2023. It took 108 trading sessions for the portfolio to recover.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -41.56% | Nov 22, 2021 | 280 | Jan 3, 2023 | 108 | Jun 8, 2023 | 388 |
| -41.48% | Feb 20, 2020 | 20 | Mar 18, 2020 | 56 | Jun 8, 2020 | 76 |
| -25.69% | Aug 8, 2018 | 205 | Jun 3, 2019 | 102 | Oct 25, 2019 | 307 |
| -21.46% | Dec 30, 2015 | 29 | Feb 10, 2016 | 32 | Mar 29, 2016 | 61 |
| -17.9% | Sep 1, 2020 | 5 | Sep 8, 2020 | 52 | Nov 19, 2020 | 57 |
Volatility Chart
The current Alpha volatility is 6.79%, 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.