comb1
Asset Allocation
| Position | Category/Sector | Weight |
|---|---|---|
JHQAX JPMorgan Hedged Equity Fund | Options Trading | 50% |
SPY SPDR S&P 500 ETF | Large Cap Growth Equities | 50% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in comb1, 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 May 30, 2014, corresponding to the inception date of JHQAX
Returns By Period
As of Aug 27, 2024, the comb1 returned 16.01% Year-To-Date and 10.53% 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 | 17.76% | 2.89% | 10.80% | 27.49% | 14.28% | 10.89% |
| comb1 | 16.01% | 2.76% | 9.89% | 21.98% | 13.24% | 10.53% |
| Portfolio components: | ||||||
SPY SPDR S&P 500 ETF | 18.73% | 3.00% | 11.33% | 28.43% | 15.77% | 12.85% |
JHQAX JPMorgan Hedged Equity Fund | 13.30% | 2.51% | 8.44% | 15.70% | 10.44% | 8.03% |
Monthly Returns
The table below presents the monthly returns of comb1, 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 | 1.51% | 4.25% | 2.12% | -3.29% | 4.39% | 3.53% | 0.94% | 16.01% | |||||
| 2023 | 4.88% | -1.41% | 3.57% | 1.57% | 0.55% | 5.05% | 2.67% | -0.98% | -4.65% | -1.65% | 7.36% | 2.84% | 20.93% |
| 2022 | -3.92% | -2.23% | 1.51% | -6.67% | 0.07% | -4.45% | 6.60% | -2.47% | -8.47% | 5.54% | 4.39% | -2.74% | -13.23% |
| 2021 | -0.68% | 2.17% | 3.88% | 3.83% | 0.66% | 1.56% | 1.82% | 1.99% | -3.52% | 4.92% | -0.41% | 3.10% | 20.78% |
| 2020 | 0.07% | -5.86% | -6.90% | 9.09% | 3.45% | 1.44% | 4.14% | 4.70% | -1.98% | -1.82% | 7.85% | 2.51% | 16.47% |
| 2019 | 5.49% | 1.99% | 1.00% | 3.09% | -5.15% | 6.16% | 1.08% | -1.35% | 1.68% | 1.91% | 2.58% | 1.98% | 21.94% |
| 2018 | 3.46% | -2.38% | -2.44% | 0.34% | 2.01% | 0.88% | 2.99% | 2.03% | 0.60% | -5.79% | 1.44% | -5.28% | -2.63% |
| 2017 | 1.65% | 2.70% | 0.41% | 0.92% | 1.07% | 0.59% | 1.71% | 0.47% | 1.57% | 1.82% | 2.06% | 0.89% | 17.02% |
| 2016 | -4.14% | -0.70% | 5.75% | 0.48% | 1.60% | 0.14% | 2.72% | 0.33% | 0.38% | -1.17% | 3.20% | 1.90% | 10.62% |
| 2015 | -2.18% | 4.43% | -1.27% | 0.40% | 1.34% | -1.77% | 1.49% | -4.78% | -2.86% | 5.60% | 0.34% | -0.46% | -0.18% |
| 2014 | 1.62% | -1.08% | 3.19% | -1.12% | 2.03% | 1.87% | 0.51% | 7.14% |
Expense Ratio
comb1 features an expense ratio of 0.46%, falling within the medium range. 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 comb1 is 73, 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 | |
|---|---|---|---|---|---|
SPY SPDR S&P 500 ETF | 2.44 | 3.30 | 1.44 | 2.58 | 11.47 |
JHQAX JPMorgan Hedged Equity Fund | 2.12 | 2.97 | 1.42 | 2.39 | 8.02 |
Dividends
Dividend yield
comb1 granted a 0.92% dividend yield in the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| comb1 | 0.92% | 1.07% | 1.20% | 0.85% | 1.21% | 1.32% | 1.48% | 1.28% | 1.57% | 1.51% | 1.46% | 0.91% |
| Portfolio components: | ||||||||||||
SPY SPDR S&P 500 ETF | 1.22% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
JHQAX JPMorgan Hedged Equity Fund | 0.61% | 0.73% | 0.74% | 0.50% | 0.89% | 0.89% | 0.92% | 0.76% | 1.11% | 0.97% | 1.06% | 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.
Worst Drawdowns
The table below displays the maximum drawdowns of the comb1. 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 comb1 was 26.35%, occurring on Mar 23, 2020. Recovery took 84 trading sessions.
The current comb1 drawdown is 0.19%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -26.35% | Feb 20, 2020 | 23 | Mar 23, 2020 | 84 | Jul 22, 2020 | 107 |
| -19.52% | Jan 4, 2022 | 195 | Oct 12, 2022 | 187 | Jul 13, 2023 | 382 |
| -13.21% | Oct 2, 2018 | 58 | Dec 24, 2018 | 75 | Apr 12, 2019 | 133 |
| -11.78% | Jun 24, 2015 | 161 | Feb 11, 2016 | 102 | Jul 8, 2016 | 263 |
| -8.54% | Aug 1, 2023 | 63 | Oct 27, 2023 | 24 | Dec 1, 2023 | 87 |
Volatility
Volatility Chart
The current comb1 volatility is 4.76%, 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
| JHQAX | SPY | |
|---|---|---|
| JHQAX | 1.00 | 0.92 |
| SPY | 0.92 | 1.00 |