IND
Asset Allocation
| Position | Category/Sector | Weight |
|---|---|---|
ADP Automatic Data Processing, Inc. | Industrials | 6.67% |
BA The Boeing Company | Industrials | 6.67% |
CAT Caterpillar Inc. | Industrials | 6.67% |
CTAS Cintas Corporation | Industrials | 6.67% |
DE Deere & Company | Industrials | 6.67% |
ETN Eaton Corporation plc | Industrials | 6.67% |
GE General Electric Company | Industrials | 6.67% |
GWW W.W. Grainger, Inc. | Industrials | 6.67% |
HON Honeywell International Inc | Industrials | 6.67% |
ITW Illinois Tool Works Inc. | Industrials | 6.67% |
LMT Lockheed Martin Corporation | Industrials | 6.67% |
RTX Raytheon Technologies Corporation | Industrials | 6.67% |
UBER Uber Technologies, Inc. | Technology | 6.67% |
UNP Union Pacific Corporation | Industrials | 6.67% |
UPS United Parcel Service, Inc. | Industrials | 6.67% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in IND, 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 10, 2019, corresponding to the inception date of UBER
Returns By Period
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | 24.66% | 0.49% | 8.64% | 26.56% | 13.06% | 11.10% |
| IND | 14.66% | -3.95% | 6.04% | 16.09% | 16.70% | N/A |
| Portfolio components: | ||||||
UNP Union Pacific Corporation | -6.51% | -3.26% | 0.46% | -5.15% | 6.81% | 8.85% |
CAT Caterpillar Inc. | 23.84% | -5.54% | 10.77% | 26.23% | 22.24% | 17.73% |
BA The Boeing Company | -32.08% | 21.19% | 0.27% | -32.43% | -11.51% | 4.68% |
GE General Electric Company | 62.59% | -7.41% | 0.66% | 63.54% | 25.11% | 4.52% |
HON Honeywell International Inc | 10.50% | 0.09% | 6.58% | 13.01% | 7.37% | 10.38% |
RTX Raytheon Technologies Corporation | 40.88% | -2.80% | 10.84% | 44.53% | 8.28% | 7.99% |
UBER Uber Technologies, Inc. | -1.50% | -12.87% | -13.62% | -1.33% | 14.80% | N/A |
UPS United Parcel Service, Inc. | -17.08% | -5.85% | -6.66% | -17.05% | 4.72% | 4.43% |
DE Deere & Company | 7.89% | 5.35% | 14.60% | 10.08% | 21.26% | 19.02% |
LMT Lockheed Martin Corporation | 8.60% | -9.74% | 3.80% | 9.87% | 7.26% | 12.34% |
ETN Eaton Corporation plc | 41.10% | -6.89% | 5.52% | 43.20% | 31.64% | 20.45% |
ADP Automatic Data Processing, Inc. | 27.80% | -1.93% | 18.69% | 30.02% | 13.64% | 15.53% |
ITW Illinois Tool Works Inc. | 0.22% | -3.10% | 8.62% | 1.31% | 9.99% | 12.92% |
CTAS Cintas Corporation | 22.30% | -16.44% | 3.59% | 24.94% | 23.08% | 26.16% |
GWW W.W. Grainger, Inc. | 31.55% | -8.22% | 18.65% | 32.29% | 27.91% | 17.42% |
Monthly Returns
The table below presents the monthly returns of IND, 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 | -0.29% | 5.71% | 4.71% | -3.52% | 1.29% | -0.47% | 4.41% | 3.03% | 2.67% | -1.68% | 6.58% | 14.66% | |
| 2023 | 4.69% | 1.09% | 1.73% | -1.57% | -1.55% | 10.33% | 3.91% | -1.22% | -6.56% | -1.17% | 9.28% | 7.36% | 28.02% |
| 2022 | -3.05% | -0.03% | 4.10% | -8.50% | -2.02% | -7.78% | 11.31% | 0.37% | -10.66% | 15.41% | 9.27% | -3.12% | 1.72% |
| 2021 | -4.89% | 7.95% | 8.29% | 2.69% | 3.06% | -2.14% | -0.52% | 0.18% | -5.37% | 7.34% | -3.16% | 5.61% | 19.23% |
| 2020 | -0.07% | -8.26% | -17.31% | 7.57% | 5.48% | 2.28% | 3.04% | 9.64% | 0.72% | -0.96% | 20.90% | 1.38% | 21.52% |
| 2019 | -5.03% | 8.46% | 1.63% | -4.36% | 3.07% | 2.50% | 3.68% | 0.88% | 10.62% |
Expense Ratio
IND has an expense ratio of 0.00%, indicating no management fees are charged. 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 IND is 36, indicating average performance compared to other portfolios on our website. Here’s a breakdown of how it compares using common performance measures.
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 | |
|---|---|---|---|---|---|
UNP Union Pacific Corporation | -0.18 | -0.14 | 0.98 | -0.22 | -0.54 |
CAT Caterpillar Inc. | 1.01 | 1.54 | 1.20 | 1.67 | 3.64 |
BA The Boeing Company | -0.94 | -1.23 | 0.85 | -0.50 | -0.97 |
GE General Electric Company | 2.24 | 2.78 | 1.40 | 3.87 | 13.90 |
HON Honeywell International Inc | 0.79 | 1.19 | 1.15 | 1.00 | 2.80 |
RTX Raytheon Technologies Corporation | 2.55 | 3.89 | 1.51 | 2.26 | 13.90 |
UBER Uber Technologies, Inc. | -0.00 | 0.30 | 1.04 | -0.00 | -0.00 |
UPS United Parcel Service, Inc. | -0.64 | -0.69 | 0.90 | -0.41 | -1.36 |
DE Deere & Company | 0.50 | 0.87 | 1.11 | 0.55 | 1.73 |
LMT Lockheed Martin Corporation | 0.66 | 1.02 | 1.15 | 0.52 | 1.73 |
ETN Eaton Corporation plc | 1.62 | 2.16 | 1.30 | 2.29 | 7.15 |
ADP Automatic Data Processing, Inc. | 1.85 | 2.58 | 1.34 | 2.20 | 10.31 |
ITW Illinois Tool Works Inc. | 0.18 | 0.36 | 1.04 | 0.22 | 0.45 |
CTAS Cintas Corporation | 1.45 | 1.95 | 1.33 | 1.72 | 11.53 |
GWW W.W. Grainger, Inc. | 1.56 | 2.40 | 1.30 | 2.33 | 5.58 |
Dividends
Dividend yield
IND provided a 1.64% dividend yield over the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 1.64% | 1.62% | 1.60% | 1.43% | 1.67% | 1.91% | 2.39% | 1.96% | 2.15% | 2.45% | 2.07% | 1.79% |
| Portfolio components: | ||||||||||||
UNP Union Pacific Corporation | 2.35% | 2.12% | 2.45% | 1.70% | 1.86% | 2.05% | 2.21% | 1.85% | 2.17% | 2.81% | 1.60% | 1.76% |
CAT Caterpillar Inc. | 1.50% | 1.69% | 1.93% | 2.07% | 2.26% | 2.56% | 2.58% | 1.97% | 3.32% | 4.33% | 2.84% | 1.89% |
BA The Boeing Company | 0.00% | 0.00% | 0.00% | 0.00% | 0.96% | 2.52% | 2.12% | 1.93% | 2.80% | 2.52% | 2.25% | 1.42% |
GE General Electric Company | 0.55% | 0.25% | 0.38% | 0.34% | 0.37% | 0.36% | 4.89% | 4.81% | 2.94% | 2.95% | 3.52% | 2.82% |
HON Honeywell International Inc | 1.93% | 1.99% | 1.85% | 1.81% | 1.71% | 1.90% | 0.62% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
RTX Raytheon Technologies Corporation | 2.14% | 2.76% | 2.14% | 2.33% | 2.64% | 2.09% | 2.84% | 2.28% | 2.55% | 2.84% | 2.19% | 2.06% |
UBER Uber Technologies, 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% |
UPS United Parcel Service, Inc. | 5.24% | 4.12% | 3.50% | 1.90% | 2.40% | 3.28% | 3.73% | 2.79% | 2.72% | 3.03% | 2.41% | 2.36% |
DE Deere & Company | 1.38% | 1.33% | 1.05% | 1.14% | 1.13% | 1.75% | 1.84% | 1.53% | 2.33% | 3.15% | 2.61% | 2.23% |
LMT Lockheed Martin Corporation | 2.66% | 2.68% | 2.34% | 2.98% | 2.76% | 2.31% | 3.13% | 2.32% | 2.71% | 2.83% | 2.85% | 3.22% |
ETN Eaton Corporation plc | 1.12% | 1.43% | 2.06% | 1.76% | 2.43% | 3.00% | 3.85% | 3.04% | 3.40% | 4.23% | 2.88% | 2.21% |
ADP Automatic Data Processing, Inc. | 1.97% | 2.21% | 1.83% | 1.55% | 2.08% | 1.92% | 2.14% | 2.00% | 2.10% | 2.36% | 2.10% | 2.21% |
ITW Illinois Tool Works Inc. | 2.21% | 2.07% | 2.30% | 1.91% | 2.17% | 2.30% | 2.81% | 1.71% | 1.96% | 2.23% | 1.91% | 1.90% |
CTAS Cintas Corporation | 0.80% | 0.83% | 0.93% | 0.77% | 0.79% | 0.95% | 1.22% | 1.04% | 1.15% | 1.15% | 2.17% | 1.29% |
GWW W.W. Grainger, Inc. | 0.74% | 0.88% | 1.22% | 1.23% | 1.45% | 1.68% | 1.90% | 2.14% | 2.08% | 2.27% | 1.64% | 1.41% |
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 IND. 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 IND was 41.83%, occurring on Mar 23, 2020. Recovery took 145 trading sessions.
The current IND drawdown is 7.30%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -41.83% | Feb 13, 2020 | 27 | Mar 23, 2020 | 145 | Oct 16, 2020 | 172 |
| -19.87% | Mar 31, 2022 | 72 | Jul 14, 2022 | 84 | Nov 10, 2022 | 156 |
| -11.22% | Aug 2, 2023 | 62 | Oct 27, 2023 | 24 | Dec 1, 2023 | 86 |
| -10% | Jan 14, 2022 | 27 | Feb 23, 2022 | 25 | Mar 30, 2022 | 52 |
| -8.84% | Jul 29, 2019 | 14 | Aug 15, 2019 | 51 | Oct 28, 2019 | 65 |
Volatility
Volatility Chart
The current IND volatility is 4.23%, 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
| UBER | LMT | BA | UPS | GE | ADP | CTAS | GWW | DE | UNP | RTX | CAT | ETN | ITW | HON | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| UBER | 1.00 | 0.09 | 0.35 | 0.29 | 0.34 | 0.28 | 0.34 | 0.26 | 0.27 | 0.29 | 0.28 | 0.31 | 0.34 | 0.28 | 0.32 |
| LMT | 0.09 | 1.00 | 0.30 | 0.27 | 0.29 | 0.40 | 0.36 | 0.36 | 0.36 | 0.34 | 0.59 | 0.32 | 0.30 | 0.37 | 0.43 |
| BA | 0.35 | 0.30 | 1.00 | 0.31 | 0.50 | 0.35 | 0.36 | 0.30 | 0.43 | 0.35 | 0.51 | 0.43 | 0.41 | 0.38 | 0.49 |
| UPS | 0.29 | 0.27 | 0.31 | 1.00 | 0.36 | 0.43 | 0.45 | 0.45 | 0.42 | 0.52 | 0.37 | 0.46 | 0.47 | 0.54 | 0.50 |
| GE | 0.34 | 0.29 | 0.50 | 0.36 | 1.00 | 0.39 | 0.38 | 0.43 | 0.46 | 0.43 | 0.52 | 0.57 | 0.56 | 0.48 | 0.55 |
| ADP | 0.28 | 0.40 | 0.35 | 0.43 | 0.39 | 1.00 | 0.61 | 0.49 | 0.39 | 0.49 | 0.49 | 0.39 | 0.50 | 0.54 | 0.58 |
| CTAS | 0.34 | 0.36 | 0.36 | 0.45 | 0.38 | 0.61 | 1.00 | 0.54 | 0.42 | 0.50 | 0.45 | 0.41 | 0.56 | 0.55 | 0.57 |
| GWW | 0.26 | 0.36 | 0.30 | 0.45 | 0.43 | 0.49 | 0.54 | 1.00 | 0.48 | 0.51 | 0.47 | 0.53 | 0.62 | 0.66 | 0.54 |
| DE | 0.27 | 0.36 | 0.43 | 0.42 | 0.46 | 0.39 | 0.42 | 0.48 | 1.00 | 0.53 | 0.51 | 0.72 | 0.56 | 0.57 | 0.54 |
| UNP | 0.29 | 0.34 | 0.35 | 0.52 | 0.43 | 0.49 | 0.50 | 0.51 | 0.53 | 1.00 | 0.46 | 0.57 | 0.55 | 0.62 | 0.59 |
| RTX | 0.28 | 0.59 | 0.51 | 0.37 | 0.52 | 0.49 | 0.45 | 0.47 | 0.51 | 0.46 | 1.00 | 0.53 | 0.51 | 0.51 | 0.59 |
| CAT | 0.31 | 0.32 | 0.43 | 0.46 | 0.57 | 0.39 | 0.41 | 0.53 | 0.72 | 0.57 | 0.53 | 1.00 | 0.67 | 0.63 | 0.60 |
| ETN | 0.34 | 0.30 | 0.41 | 0.47 | 0.56 | 0.50 | 0.56 | 0.62 | 0.56 | 0.55 | 0.51 | 0.67 | 1.00 | 0.69 | 0.64 |
| ITW | 0.28 | 0.37 | 0.38 | 0.54 | 0.48 | 0.54 | 0.55 | 0.66 | 0.57 | 0.62 | 0.51 | 0.63 | 0.69 | 1.00 | 0.66 |
| HON | 0.32 | 0.43 | 0.49 | 0.50 | 0.55 | 0.58 | 0.57 | 0.54 | 0.54 | 0.59 | 0.59 | 0.60 | 0.64 | 0.66 | 1.00 |