Heavy Tech
Tech
Asset Allocation
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Heavy Tech, 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 4, 2022, corresponding to the inception date of JEPQ
Returns By Period
Year-To-Date | 1 month | 6 months | 1 year | 5 years (annualized) | 10 years (annualized) | |
---|---|---|---|---|---|---|
^GSPC S&P 500 | 18.42% | 2.28% | 9.95% | 25.31% | 14.08% | 10.95% |
Heavy Tech | 18.46% | 7.02% | 6.91% | 28.60% | N/A | N/A |
Portfolio components: | ||||||
SOXX iShares PHLX Semiconductor ETF | 20.64% | 11.76% | 2.23% | 36.50% | 28.97% | 24.46% |
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 14.32% | 5.75% | 5.70% | 21.70% | N/A | N/A |
QQQM Invesco NASDAQ 100 ETF | 16.75% | 6.18% | 7.25% | 27.15% | N/A | N/A |
VGT Vanguard Information Technology ETF | 19.03% | 7.47% | 9.24% | 29.47% | 22.98% | 20.27% |
VOO Vanguard S&P 500 ETF | 19.40% | 5.74% | 10.63% | 26.76% | 15.93% | 12.97% |
FSELX Fidelity Select Semiconductors Portfolio | 37.86% | 11.96% | 9.75% | 45.91% | 35.83% | 26.92% |
MSFT Microsoft Corporation | 11.54% | 2.30% | 0.76% | 27.87% | 25.98% | 26.94% |
Monthly Returns
The table below presents the monthly returns of Heavy Tech, 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 | 2.46% | 6.28% | 2.68% | -4.45% | 6.72% | 5.18% | -2.13% | 18.46% | |||||
2023 | 9.41% | -0.01% | 7.99% | -0.20% | 7.15% | 5.57% | 3.46% | -1.92% | -5.10% | -2.37% | 11.13% | 5.58% | 47.12% |
2022 | -4.31% | -9.93% | 11.77% | -5.93% | -10.64% | 4.96% | 8.31% | -7.67% | -15.01% |
Expense Ratio
Heavy Tech has an expense ratio of 0.23%, 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.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of Heavy Tech is 39, 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 | |
---|---|---|---|---|---|
SOXX iShares PHLX Semiconductor ETF | 1.17 | 1.69 | 1.21 | 1.52 | 4.88 |
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 1.74 | 2.31 | 1.34 | 2.05 | 8.43 |
QQQM Invesco NASDAQ 100 ETF | 1.59 | 2.17 | 1.28 | 2.02 | 7.47 |
VGT Vanguard Information Technology ETF | 1.52 | 2.06 | 1.27 | 2.01 | 6.89 |
VOO Vanguard S&P 500 ETF | 2.17 | 2.96 | 1.39 | 2.70 | 10.21 |
FSELX Fidelity Select Semiconductors Portfolio | 1.36 | 1.94 | 1.24 | 1.90 | 6.06 |
MSFT Microsoft Corporation | 1.40 | 1.89 | 1.24 | 1.80 | 5.87 |
Dividends
Dividend yield
Heavy Tech granted a 2.93% dividend yield in the last twelve months.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Heavy Tech | 2.93% | 3.50% | 3.54% | 0.88% | 1.03% | 0.96% | 2.24% | 1.46% | 1.07% | 1.74% | 1.07% | 0.86% |
Portfolio components: | ||||||||||||
SOXX iShares PHLX Semiconductor ETF | 0.63% | 0.78% | 1.25% | 0.64% | 0.81% | 1.23% | 1.37% | 0.90% | 1.08% | 1.29% | 1.56% | 1.18% |
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 8.37% | 10.02% | 9.44% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQM Invesco NASDAQ 100 ETF | 0.66% | 0.65% | 0.83% | 0.40% | 0.16% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VGT Vanguard Information Technology ETF | 0.64% | 0.65% | 0.91% | 0.64% | 0.82% | 1.11% | 1.29% | 0.99% | 1.31% | 1.28% | 1.12% | 1.05% |
VOO Vanguard S&P 500 ETF | 1.28% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
FSELX Fidelity Select Semiconductors Portfolio | 5.09% | 7.20% | 6.69% | 6.99% | 8.13% | 3.36% | 26.80% | 14.65% | 3.82% | 16.31% | 3.48% | 0.61% |
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% |
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 Heavy Tech. 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 Heavy Tech was 21.26%, occurring on Oct 14, 2022. Recovery took 115 trading sessions.
The current Heavy Tech drawdown is 5.36%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-21.26% | Aug 16, 2022 | 43 | Oct 14, 2022 | 115 | Mar 31, 2023 | 158 |
-16.06% | May 5, 2022 | 30 | Jun 16, 2022 | 40 | Aug 15, 2022 | 70 |
-14.33% | Jul 11, 2024 | 20 | Aug 7, 2024 | — | — | — |
-10.85% | Jul 19, 2023 | 71 | Oct 26, 2023 | 17 | Nov 20, 2023 | 88 |
-7.76% | Mar 8, 2024 | 30 | Apr 19, 2024 | 18 | May 15, 2024 | 48 |
Volatility
Volatility Chart
The current Heavy Tech volatility is 7.38%, 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
MSFT | FSELX | SOXX | VOO | JEPQ | QQQM | VGT | |
---|---|---|---|---|---|---|---|
MSFT | 1.00 | 0.65 | 0.66 | 0.78 | 0.83 | 0.84 | 0.84 |
FSELX | 0.65 | 1.00 | 0.98 | 0.80 | 0.85 | 0.87 | 0.90 |
SOXX | 0.66 | 0.98 | 1.00 | 0.81 | 0.85 | 0.87 | 0.90 |
VOO | 0.78 | 0.80 | 0.81 | 1.00 | 0.92 | 0.94 | 0.92 |
JEPQ | 0.83 | 0.85 | 0.85 | 0.92 | 1.00 | 0.97 | 0.95 |
QQQM | 0.84 | 0.87 | 0.87 | 0.94 | 0.97 | 1.00 | 0.98 |
VGT | 0.84 | 0.90 | 0.90 | 0.92 | 0.95 | 0.98 | 1.00 |