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L2 pa
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Diversification

Asset Allocation


GLDM 14.7%LLY 14.1%PGR 10.7%ORLY 10.2%AAPL 7.7%UNH 7.5%XEL 6.6%AVGO 5.8%DPZ 5.7%MSFT 5.4%NVDA 4.3%TJX 3%RGR 2.5%COST 1.8%CommodityCommodityEquityEquity
PositionCategory/SectorWeight
AAPL
Apple Inc
Technology
7.70%
AVGO
Broadcom Inc.
Technology
5.80%
COST
Costco Wholesale Corporation
Consumer Defensive
1.80%
DPZ
Domino's Pizza, Inc.
Consumer Cyclical
5.70%
GLDM
SPDR Gold MiniShares Trust
Precious Metals, Gold
14.70%
LLY
Eli Lilly and Company
Healthcare
14.10%
MSFT
Microsoft Corporation
Technology
5.40%
NVDA
NVIDIA Corporation
Technology
4.30%
ORLY
O'Reilly Automotive, Inc.
Consumer Cyclical
10.20%
PGR
The Progressive Corporation
Financial Services
10.70%
RGR
Sturm, Ruger & Company, Inc.
Industrials
2.50%
TJX
The TJX Companies, Inc.
Consumer Cyclical
3%
UNH
UnitedHealth Group Incorporated
Healthcare
7.50%
XEL
Xcel Energy Inc.
Utilities
6.60%

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in L2 pa, 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%5.00%10.00%15.00%20.00%MayJuneJulyAugustSeptemberOctober
21.58%
16.83%
L2 pa
Benchmark (^GSPC)
Portfolio components

The earliest data available for this chart is Jun 26, 2018, corresponding to the inception date of GLDM

Returns By Period


Year-To-Date1 month6 months1 year5 years (annualized)10 years (annualized)
^GSPC
S&P 500
22.73%2.66%16.83%38.58%14.32%11.57%
L2 pa38.23%2.28%21.58%48.33%31.85%N/A
AAPL
Apple Inc
23.29%3.63%42.95%37.49%32.20%26.13%
AVGO
Broadcom Inc.
62.98%5.20%47.95%114.10%49.62%39.91%
COST
Costco Wholesale Corporation
34.95%-2.23%24.32%65.06%26.66%23.79%
DPZ
Domino's Pizza, Inc.
5.67%4.07%-7.88%25.66%12.26%18.57%
GLDM
SPDR Gold MiniShares Trust
31.75%3.77%16.74%37.29%12.64%N/A
LLY
Eli Lilly and Company
56.20%-1.67%24.29%56.03%55.53%32.61%
MSFT
Microsoft Corporation
11.97%-3.79%4.82%29.16%26.24%26.73%
NVDA
NVIDIA Corporation
190.26%23.89%80.76%247.34%97.34%78.62%
ORLY
O'Reilly Automotive, Inc.
28.31%9.91%11.69%34.39%25.02%21.81%
PGR
The Progressive Corporation
58.43%-3.24%17.82%62.97%32.76%28.77%
RGR
Sturm, Ruger & Company, Inc.
-7.43%-0.48%-10.46%-22.67%3.98%1.92%
TJX
The TJX Companies, Inc.
24.61%-1.92%23.83%31.68%15.73%15.70%
UNH
UnitedHealth Group Incorporated
9.83%-0.61%17.24%10.08%20.01%21.99%
XEL
Xcel Energy Inc.
5.51%-1.09%17.59%13.38%2.74%10.23%

Monthly Returns

The table below presents the monthly returns of L2 pa, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20244.60%5.72%4.94%-1.22%3.84%5.51%0.97%5.62%1.29%38.23%
20232.86%-1.45%7.28%3.46%3.04%5.14%1.39%2.45%-2.64%3.57%5.87%1.52%37.21%
2022-5.57%-0.13%5.87%-6.20%2.46%-2.64%5.57%-3.81%-5.19%8.27%6.39%-3.08%0.41%
20210.54%-1.55%2.95%5.26%2.71%4.37%3.30%2.76%-5.56%7.40%2.19%7.67%36.21%
20202.99%-4.73%-2.50%11.91%4.92%4.34%6.52%4.94%-1.72%-4.52%3.98%7.07%36.86%
20195.75%3.24%3.56%0.69%-3.49%4.59%0.82%0.04%0.73%4.77%3.88%4.23%32.45%
2018-0.92%3.62%8.04%1.84%-3.61%0.96%-4.20%5.32%

Expense Ratio

L2 pa has an expense ratio of 0.03%, 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.


Expense ratio chart for GLDM: current value at 0.18% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.18%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of L2 pa is 97, placing it in the top 3% of portfolios on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.


The Risk-Adjusted Performance Rank of L2 pa is 9797
Combined Rank
The Sharpe Ratio Rank of L2 pa is 9797Sharpe Ratio Rank
The Sortino Ratio Rank of L2 pa is 9797Sortino Ratio Rank
The Omega Ratio Rank of L2 pa is 9797Omega Ratio Rank
The Calmar Ratio Rank of L2 pa is 9696Calmar Ratio Rank
The Martin Ratio Rank of L2 pa is 9797Martin 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.


L2 pa
Sharpe ratio
The chart of Sharpe ratio for L2 pa, currently valued at 4.39, compared to the broader market0.002.004.006.004.39
Sortino ratio
The chart of Sortino ratio for L2 pa, currently valued at 5.85, compared to the broader market-2.000.002.004.006.005.85
Omega ratio
The chart of Omega ratio for L2 pa, currently valued at 1.83, compared to the broader market0.801.001.201.401.601.802.001.83
Calmar ratio
The chart of Calmar ratio for L2 pa, currently valued at 7.73, compared to the broader market0.002.004.006.008.0010.0012.0014.007.73
Martin ratio
The chart of Martin ratio for L2 pa, currently valued at 38.27, compared to the broader market0.0010.0020.0030.0040.0050.0060.0038.27
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.98, compared to the broader market0.002.004.006.002.98
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 3.95, compared to the broader market-2.000.002.004.006.003.95
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.55, compared to the broader market0.801.001.201.401.601.802.001.55
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 2.60, compared to the broader market0.002.004.006.008.0010.0012.0014.002.60
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 19.43, compared to the broader market0.0010.0020.0030.0040.0050.0060.0019.43

Portfolio components
Sharpe ratioSortino ratioOmega ratioCalmar ratioMartin ratio
AAPL
Apple Inc
1.572.281.292.145.07
AVGO
Broadcom Inc.
2.432.971.394.3813.56
COST
Costco Wholesale Corporation
3.113.731.555.9715.68
DPZ
Domino's Pizza, Inc.
0.971.391.210.702.43
GLDM
SPDR Gold MiniShares Trust
2.713.641.475.6517.15
LLY
Eli Lilly and Company
1.842.571.342.9010.73
MSFT
Microsoft Corporation
1.411.911.241.774.70
NVDA
NVIDIA Corporation
4.654.311.568.9328.11
ORLY
O'Reilly Automotive, Inc.
1.832.431.331.985.02
PGR
The Progressive Corporation
2.983.871.528.4424.85
RGR
Sturm, Ruger & Company, Inc.
-0.84-0.960.84-0.50-1.14
TJX
The TJX Companies, Inc.
1.762.501.323.5410.15
UNH
UnitedHealth Group Incorporated
0.390.681.100.461.23
XEL
Xcel Energy Inc.
0.530.831.120.341.16

Sharpe Ratio

The current L2 pa Sharpe ratio is 4.39. 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 2.35 to 3.19, this portfolio's current Sharpe ratio 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.

Use the chart below to compare the Sharpe ratio of L2 pa 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 Ratio1.002.003.004.005.00MayJuneJulyAugustSeptemberOctober
4.39
2.98
L2 pa
Benchmark (^GSPC)
Portfolio components

Dividends

Dividend yield

L2 pa granted a 0.79% dividend yield in the last twelve months.


TTM20232022202120202019201820172016201520142013
L2 pa0.79%0.87%1.25%1.52%1.45%1.48%1.38%1.36%1.56%1.53%1.95%1.68%
AAPL
Apple Inc
0.41%0.49%0.70%0.49%0.61%1.04%1.79%1.45%1.93%1.93%1.67%2.10%
AVGO
Broadcom Inc.
1.17%1.71%3.02%2.24%3.05%3.54%3.11%1.87%1.43%1.13%1.22%1.66%
COST
Costco Wholesale Corporation
2.18%2.87%0.76%0.54%3.38%0.86%1.08%4.81%1.09%4.06%0.97%1.01%
DPZ
Domino's Pizza, Inc.
1.33%1.17%1.27%0.67%0.81%0.89%0.89%0.97%0.95%1.11%1.06%1.15%
GLDM
SPDR Gold MiniShares Trust
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
LLY
Eli Lilly and Company
0.56%0.78%1.07%1.23%1.75%1.96%1.94%2.46%2.77%2.37%2.84%3.84%
MSFT
Microsoft Corporation
0.72%0.74%1.06%0.68%0.94%1.20%1.69%1.86%2.37%2.33%2.48%2.59%
NVDA
NVIDIA Corporation
0.02%0.03%0.11%0.05%0.12%0.27%0.46%0.29%0.45%1.20%1.70%1.94%
ORLY
O'Reilly Automotive, 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%
PGR
The Progressive Corporation
0.46%0.25%0.31%6.23%2.68%3.89%1.86%1.21%2.50%2.16%5.53%1.05%
RGR
Sturm, Ruger & Company, Inc.
1.81%2.79%14.66%4.94%10.00%1.74%2.07%2.44%3.28%1.85%4.68%2.91%
TJX
The TJX Companies, Inc.
1.22%1.38%1.44%1.37%0.34%1.45%1.66%1.57%1.32%1.14%0.98%0.86%
UNH
UnitedHealth Group Incorporated
1.39%1.38%1.21%1.12%1.38%1.41%1.38%1.30%1.48%1.59%1.39%1.40%
XEL
Xcel Energy Inc.
3.41%3.36%2.78%2.70%2.58%2.55%3.09%2.99%3.34%3.56%3.34%3.97%

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.


-8.00%-6.00%-4.00%-2.00%0.00%MayJuneJulyAugustSeptemberOctober0
-0.18%
L2 pa
Benchmark (^GSPC)
Portfolio components

Worst Drawdowns

The table below displays the maximum drawdowns of the L2 pa. 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 L2 pa was 22.23%, occurring on Mar 20, 2020. Recovery took 39 trading sessions.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-22.23%Feb 21, 202021Mar 20, 202039May 15, 202060
-12.68%Apr 8, 202249Jun 17, 202242Aug 18, 202291
-12.24%Oct 10, 201852Dec 24, 201833Feb 12, 201985
-11.94%Aug 19, 202238Oct 12, 202230Nov 23, 202268
-9.46%Dec 30, 202138Feb 23, 202224Mar 29, 202262

Volatility

Volatility Chart

The current L2 pa volatility is 2.82%, 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%3.00%4.00%5.00%6.00%MayJuneJulyAugustSeptemberOctober
2.82%
2.56%
L2 pa
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.

GLDMRGRXELDPZLLYPGRUNHORLYTJXNVDAAVGOCOSTAAPLMSFT
GLDM1.000.030.150.050.00-0.010.01-0.00-0.020.030.040.070.030.04
RGR0.031.000.140.170.090.210.150.200.280.220.220.240.250.21
XEL0.150.141.000.110.220.320.310.250.200.040.100.280.200.21
DPZ0.050.170.111.000.170.110.170.250.260.330.280.310.300.32
LLY0.000.090.220.171.000.280.320.250.210.220.240.300.270.32
PGR-0.010.210.320.110.281.000.330.300.300.170.230.300.240.26
UNH0.010.150.310.170.320.331.000.340.320.190.210.310.300.32
ORLY-0.000.200.250.250.250.300.341.000.410.240.280.390.300.34
TJX-0.020.280.200.260.210.300.320.411.000.330.380.410.360.37
NVDA0.030.220.040.330.220.170.190.240.331.000.660.440.580.64
AVGO0.040.220.100.280.240.230.210.280.380.661.000.440.560.59
COST0.070.240.280.310.300.300.310.390.410.440.441.000.470.52
AAPL0.030.250.200.300.270.240.300.300.360.580.560.471.000.69
MSFT0.040.210.210.320.320.260.320.340.370.640.590.520.691.00
The correlation results are calculated based on daily price changes starting from Jun 27, 2018