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Alpha

Last updated Sep 21, 2023

Asset Allocation


TSLA 25%NVDA 25%QQQ 25%SCHD 25%EquityEquity
PositionCategory/SectorWeight
TSLA
Tesla, Inc.
Consumer Cyclical25%
NVDA
NVIDIA Corporation
Technology25%
QQQ
Invesco QQQ
Large Cap Blend Equities25%
SCHD
Schwab US Dividend Equity ETF
Large Cap Growth Equities, Dividend25%

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


0.00%10.00%20.00%30.00%40.00%AprilMayJuneJulyAugustSeptember
29.85%
10.86%
Alpha
Benchmark (^GSPC)
Portfolio components

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 month6 monthsYear-To-Date1 year5 years (annualized)10 years (annualized)
Benchmark0.33%11.48%14.66%16.16%8.51%9.99%
Alpha1.41%29.12%78.45%57.07%41.89%36.43%
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%

Asset Correlations Table

The table below shows the correlation coefficients between the assets in the portfolio.

TSLASCHDNVDAQQQ
TSLA1.000.320.400.51
SCHD0.321.000.460.70
NVDA0.400.461.000.70
QQQ0.510.700.701.00

Sharpe Ratio

The current Alpha Sharpe ratio is 1.66. A Sharpe ratio greater than 1.0 is considered acceptable.

-1.000.001.002.003.004.001.66

The Sharpe ratio of Alpha is in the top 25%, it signifies superior risk-adjusted performance. This means that for the level of risk undertaken, the portfolio is generating impressive returns compared to most others.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.00AprilMayJuneJulyAugustSeptember
1.66
0.74
Alpha
Benchmark (^GSPC)
Portfolio components

Dividend yield

Alpha granted a 1.06% dividend yield in the last twelve months.


TTM20222021202020192018201720162015201420132012
Alpha1.06%1.10%0.86%1.04%1.11%1.25%1.09%1.29%1.52%1.69%1.63%1.51%
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.


0.20%
0.00%2.15%
0.06%
0.00%2.15%

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 ratioSortino ratioOmega ratioCalmar ratioUlcer 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.


-20.00%-15.00%-10.00%-5.00%0.00%AprilMayJuneJulyAugustSeptember
-6.71%
-8.22%
Alpha
Benchmark (^GSPC)
Portfolio components

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, 2021280Jan 3, 2023108Jun 8, 2023388
-41.48%Feb 20, 202020Mar 18, 202056Jun 8, 202076
-25.69%Aug 8, 2018205Jun 3, 2019102Oct 25, 2019307
-21.46%Dec 30, 201529Feb 10, 201632Mar 29, 201661
-17.9%Sep 1, 20205Sep 8, 202052Nov 19, 202057

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.


2.00%4.00%6.00%8.00%10.00%AprilMayJuneJulyAugustSeptember
6.79%
3.47%
Alpha
Benchmark (^GSPC)
Portfolio components