PortfoliosLab logo
​
Tools
Performance Analysis
Risk Analysis
Optimization
Factor Model
See All Tools
Portfolio Analysis
Portfolios
Lazy PortfoliosUser Portfolios
Screeners
Discussions
Heavy Tech
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Diversification

Heavy Tech

Last updated Aug 31, 2024

Tech

Asset Allocation

JEPQ 25%VOO 20%SOXX 15%QQQM 15%VGT 15%FSELX 5%MSFT 5%EquityEquity
PositionCategory/SectorWeight
FSELX
Fidelity Select Semiconductors Portfolio		Technology Equities
5%
JEPQ
JPMorgan Nasdaq Equity Premium Income ETF		Actively Managed, Dividend, Derivative Income
25%
MSFT
Microsoft Corporation		Technology
5%
QQQM
Invesco NASDAQ 100 ETF		Large Cap Growth Equities
15%
SOXX
iShares PHLX Semiconductor ETF		Technology Equities
15%
VGT
Vanguard Information Technology ETF		Technology Equities
15%
VOO
Vanguard S&P 500 ETF		Large Cap Growth Equities
20%

S&P 500

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

20.00%30.00%40.00%50.00%60.00%AprilMayJuneJulyAugust
48.13%
31.35%
Heavy Tech
Benchmark (^GSPC)
Portfolio components

The earliest data available for this chart is May 4, 2022, corresponding to the inception date of JEPQ

Returns By Period

Year-To-Date1 month6 months1 year5 years (annualized)10 years (annualized)
^GSPC
S&P 500		18.42%2.28%9.95%25.31%14.08%10.95%
Heavy Tech18.46%7.02%6.91%28.60%N/AN/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/AN/A
QQQM
Invesco NASDAQ 100 ETF		16.75%6.18%7.25%27.15%N/AN/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.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
20242.46%6.28%2.68%-4.45%6.72%5.18%-2.13%18.46%
20239.41%-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.

FSELX
Fidelity Select Semiconductors Portfolio
Expense ratio chart for FSELX: current value at 0.68% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.68%
SOXX
iShares PHLX Semiconductor ETF
Expense ratio chart for SOXX: current value at 0.46% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.46%
JEPQ
JPMorgan Nasdaq Equity Premium Income ETF
Expense ratio chart for JEPQ: current value at 0.35% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.35%
QQQM
Invesco NASDAQ 100 ETF
Expense ratio chart for QQQM: current value at 0.15% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.15%
VGT
Vanguard Information Technology ETF
Expense ratio chart for VGT: current value at 0.10% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.10%
VOO
Vanguard S&P 500 ETF
Expense ratio chart for VOO: current value at 0.03% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.03%

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.

The Risk-Adjusted Performance Rank of Heavy Tech is 3939
Heavy Tech
The Sharpe Ratio Rank of Heavy Tech is 3333Sharpe Ratio Rank
The Sortino Ratio Rank of Heavy Tech is 3030Sortino Ratio Rank
The Omega Ratio Rank of Heavy Tech is 3434Omega Ratio Rank
The Calmar Ratio Rank of Heavy Tech is 6161Calmar Ratio Rank
The Martin Ratio Rank of Heavy Tech is 3737Martin 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.

Heavy Tech
Sharpe ratio
The chart of Sharpe ratio for Heavy Tech, currently valued at 1.65, compared to the broader market-1.000.001.002.003.004.001.65
Sortino ratio
The chart of Sortino ratio for Heavy Tech, currently valued at 2.24, compared to the broader market-2.000.002.004.002.24
Omega ratio
The chart of Omega ratio for Heavy Tech, currently valued at 1.29, compared to the broader market0.801.001.201.401.601.801.29
Calmar ratio
The chart of Calmar ratio for Heavy Tech, currently valued at 2.03, compared to the broader market0.002.004.006.008.002.03
Martin ratio
The chart of Martin ratio for Heavy Tech, currently valued at 7.53, compared to the broader market0.005.0010.0015.0020.0025.0030.007.53
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.02, compared to the broader market-1.000.001.002.003.004.002.02
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 2.78, compared to the broader market-2.000.002.004.002.78
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.36, compared to the broader market0.801.001.201.401.601.801.36
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.77, compared to the broader market0.002.004.006.008.001.77
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 9.33, compared to the broader market0.005.0010.0015.0020.0025.0030.009.33
Portfolio components
Sharpe ratioSortino ratioOmega ratioCalmar ratioMartin ratio
SOXX
iShares PHLX Semiconductor ETF		1.171.691.211.524.88
JEPQ
JPMorgan Nasdaq Equity Premium Income ETF		1.742.311.342.058.43
QQQM
Invesco NASDAQ 100 ETF		1.592.171.282.027.47
VGT
Vanguard Information Technology ETF		1.522.061.272.016.89
VOO
Vanguard S&P 500 ETF		2.172.961.392.7010.21
FSELX
Fidelity Select Semiconductors Portfolio		1.361.941.241.906.06
MSFT
Microsoft Corporation		1.401.891.241.805.87

Sharpe Ratio

The current Heavy Tech Sharpe ratio is 1.65. 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 1.62 to 2.21, this portfolio's current Sharpe ratio lies between the 25th and 75th percentiles. This indicates that the its risk-adjusted performance is in line with the majority of portfolios. This suggests a balanced approach to risk and return, which might be suitable for a broad range of investors.

Use the chart below to compare the Sharpe ratio of Heavy Tech 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 Ratio1.001.502.002.503.00AprilMayJuneJulyAugust
1.65
2.02
Heavy Tech
Benchmark (^GSPC)
Portfolio components

Dividends

Dividend yield

Heavy Tech granted a 2.93% dividend yield in the last twelve months.

TTM20232022202120202019201820172016201520142013
Heavy Tech2.93%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.

-15.00%-10.00%-5.00%0.00%AprilMayJuneJulyAugust
-5.36%
-0.33%
Heavy Tech
Benchmark (^GSPC)
Portfolio components

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, 202243Oct 14, 2022115Mar 31, 2023158
-16.06%May 5, 202230Jun 16, 202240Aug 15, 202270
-14.33%Jul 11, 202420Aug 7, 2024———
-10.85%Jul 19, 202371Oct 26, 202317Nov 20, 202388
-7.76%Mar 8, 202430Apr 19, 202418May 15, 202448

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.

2.00%4.00%6.00%8.00%10.00%AprilMayJuneJulyAugust
7.38%
5.56%
Heavy Tech
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.
MSFTFSELXSOXXVOOJEPQQQQMVGT
MSFT1.000.650.660.780.830.840.84
FSELX0.651.000.980.800.850.870.90
SOXX0.660.981.000.810.850.870.90
VOO0.780.800.811.000.920.940.92
JEPQ0.830.850.850.921.000.970.95
QQQM0.840.870.870.940.971.000.98
VGT0.840.900.900.920.950.981.00
The correlation results are calculated based on daily price changes starting from May 5, 2022