Core 4
Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
CASY Casey's General Stores, Inc. | Consumer Defensive | 2.29% |
CET Central Securities Corp. | Financial Services | 3.18% |
COST Costco Wholesale Corporation | Consumer Defensive | 12.15% |
DSGX The Descartes Systems Group Inc. | Technology | 8.08% |
ESLT Elbit Systems Ltd | Industrials | 10.35% |
K Kellogg Company | Consumer Defensive | 2.34% |
MSI Motorola Solutions, Inc. | Technology | 2.32% |
PGR The Progressive Corporation | Financial Services | 18.97% |
RBA Ritchie Bros. Auctioneers Incorporated | Industrials | 1.89% |
RSG Republic Services, Inc. | Industrials | 8.33% |
TMUS T-Mobile US, Inc. | Communication Services | 6.75% |
USLM United States Lime & Minerals, Inc. | Basic Materials | 4.68% |
WCN Waste Connections, Inc. | Industrials | 10.26% |
WMT Walmart Inc. | Consumer Defensive | 8.42% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Core 4, 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 every 3 months.
The earliest data available for this chart is Apr 19, 2007, corresponding to the inception date of TMUS
Returns By Period
As of Apr 18, 2025, the Core 4 returned 12.44% Year-To-Date and 23.11% of annualized return in the last 10 years.
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | -10.18% | -5.91% | -9.57% | 5.19% | 12.98% | 9.68% |
| Core 4 | 12.44% | 1.89% | 17.29% | 45.28% | 26.92% | 23.11% |
| Portfolio components: | ||||||
PGR The Progressive Corporation | 13.03% | -6.26% | 7.76% | 29.62% | 28.98% | 28.80% |
COST Costco Wholesale Corporation | 8.66% | 10.74% | 12.61% | 39.82% | 27.81% | 23.33% |
ESLT Elbit Systems Ltd | 57.41% | -0.57% | 91.76% | 107.11% | 28.75% | 18.72% |
WCN Waste Connections, Inc. | 15.22% | 5.22% | 8.56% | 20.66% | 18.42% | 18.78% |
WMT Walmart Inc. | 3.46% | 9.21% | 15.82% | 58.05% | 17.94% | 15.89% |
RSG Republic Services, Inc. | 21.57% | 4.20% | 18.94% | 30.17% | 26.69% | 22.09% |
DSGX The Descartes Systems Group Inc. | -9.93% | 3.20% | -4.37% | 13.02% | 20.85% | 20.31% |
TMUS T-Mobile US, Inc. | 19.11% | 0.50% | 18.88% | 65.99% | 24.22% | 23.49% |
USLM United States Lime & Minerals, Inc. | -31.52% | -0.65% | -12.83% | 55.63% | 39.80% | 22.24% |
CET Central Securities Corp. | -7.05% | -5.62% | -5.34% | 10.43% | 14.85% | 11.99% |
K Kellogg Company | 2.43% | 0.02% | 3.09% | 51.44% | 9.99% | 6.65% |
MSI Motorola Solutions, Inc. | -8.69% | -0.23% | -11.43% | 24.84% | 23.36% | 23.34% |
CASY Casey's General Stores, Inc. | 16.25% | 18.91% | 19.15% | 49.57% | 25.37% | 19.00% |
RBA Ritchie Bros. Auctioneers Incorporated | 7.95% | 0.12% | 20.91% | 33.94% | 21.02% | 16.87% |
Monthly Returns
The table below presents the monthly returns of Core 4, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 5.90% | 5.30% | 0.13% | 0.70% | 12.44% | ||||||||
| 2024 | 4.64% | 5.62% | 3.86% | -0.93% | 3.56% | 2.23% | 2.29% | 9.53% | 0.95% | 2.05% | 11.46% | -6.12% | 45.40% |
| 2023 | 4.18% | 0.35% | 2.24% | 1.32% | -0.30% | 5.15% | -0.47% | -0.97% | 0.62% | 1.77% | 5.75% | 4.27% | 26.35% |
| 2022 | -4.84% | 1.61% | 7.67% | -4.25% | -1.02% | -0.53% | 5.70% | 0.78% | -6.03% | 7.77% | 2.61% | -5.70% | 2.45% |
| 2021 | -3.03% | -1.98% | 7.92% | 4.46% | 0.41% | 1.59% | 2.51% | 4.05% | -3.55% | 5.47% | -1.42% | 7.43% | 25.60% |
| 2020 | 4.52% | -4.92% | -7.59% | 8.72% | 4.44% | 1.39% | 7.38% | 4.87% | -1.19% | -2.91% | 8.03% | 2.08% | 25.99% |
| 2019 | 8.16% | 6.09% | 1.92% | 5.69% | 0.22% | 3.28% | 2.08% | 0.05% | 1.85% | -0.47% | 2.73% | -1.39% | 34.18% |
| 2018 | 2.83% | -2.25% | -0.16% | -0.22% | 1.58% | 2.20% | 1.90% | 6.99% | 1.26% | -2.93% | 0.24% | -7.71% | 3.06% |
| 2017 | 2.71% | 5.13% | 0.63% | 2.71% | 3.89% | -1.82% | 2.62% | 2.06% | 2.52% | 1.77% | 3.55% | 1.78% | 31.10% |
| 2016 | 0.24% | 0.86% | 7.68% | -1.94% | 2.47% | 2.49% | 3.21% | 0.31% | -1.50% | -0.14% | 4.65% | 2.99% | 23.04% |
| 2015 | -0.77% | 3.01% | 2.05% | -0.74% | 0.02% | 0.10% | 4.91% | -2.49% | 0.23% | 2.36% | 1.33% | 1.85% | 12.29% |
| 2014 | -5.48% | 3.68% | 0.74% | -0.61% | 3.78% | 1.02% | -2.91% | 2.32% | 0.34% | 4.38% | 3.97% | 0.13% | 11.43% |
Expense Ratio
Core 4 has an expense ratio of 0.00%, meaning no management fees are charged. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 99, Core 4 is among the top 1% of portfolios on our website when it comes to balancing risk and reward. Below is 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 | |
|---|---|---|---|---|---|
PGR The Progressive Corporation | 1.24 | 1.72 | 1.24 | 2.44 | 6.38 |
COST Costco Wholesale Corporation | 1.83 | 2.43 | 1.33 | 2.29 | 7.12 |
ESLT Elbit Systems Ltd | 3.76 | 5.17 | 1.67 | 3.97 | 21.43 |
WCN Waste Connections, Inc. | 1.23 | 1.74 | 1.24 | 1.71 | 5.19 |
WMT Walmart Inc. | 2.32 | 3.15 | 1.44 | 2.62 | 9.19 |
RSG Republic Services, Inc. | 1.77 | 2.30 | 1.34 | 3.65 | 9.98 |
DSGX The Descartes Systems Group Inc. | 0.46 | 0.79 | 1.11 | 0.54 | 1.64 |
TMUS T-Mobile US, Inc. | 2.86 | 3.40 | 1.53 | 4.59 | 14.28 |
USLM United States Lime & Minerals, Inc. | 1.29 | 1.96 | 1.24 | 1.23 | 2.77 |
CET Central Securities Corp. | 0.72 | 1.08 | 1.15 | 0.66 | 2.85 |
K Kellogg Company | 2.32 | 6.60 | 2.03 | 2.99 | 18.38 |
MSI Motorola Solutions, Inc. | 1.16 | 1.66 | 1.25 | 1.17 | 3.40 |
CASY Casey's General Stores, Inc. | 1.51 | 2.51 | 1.31 | 3.32 | 10.55 |
RBA Ritchie Bros. Auctioneers Incorporated | 1.22 | 2.08 | 1.26 | 2.34 | 6.63 |
Dividends
Dividend yield
Core 4 provided a 1.05% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 1.05% | 0.81% | 1.19% | 1.07% | 2.10% | 1.67% | 1.85% | 1.49% | 1.70% | 1.70% | 2.16% | 2.52% |
| Portfolio components: | ||||||||||||
PGR The Progressive Corporation | 1.85% | 0.48% | 0.25% | 0.31% | 6.23% | 2.68% | 3.89% | 1.86% | 1.21% | 2.50% | 2.16% | 5.53% |
COST Costco Wholesale Corporation | 0.47% | 0.49% | 2.87% | 0.76% | 0.54% | 3.38% | 0.86% | 1.08% | 4.81% | 1.09% | 4.06% | 0.97% |
ESLT Elbit Systems Ltd | 0.49% | 0.77% | 0.94% | 1.22% | 1.03% | 1.28% | 1.14% | 1.54% | 1.32% | 1.57% | 1.63% | 2.07% |
WCN Waste Connections, Inc. | 0.61% | 0.68% | 0.70% | 0.71% | 0.62% | 0.74% | 0.73% | 0.78% | 0.70% | 1.64% | 3.25% | 2.61% |
WMT Walmart Inc. | 0.92% | 0.92% | 1.45% | 1.58% | 1.52% | 1.50% | 1.78% | 2.23% | 2.07% | 2.89% | 3.20% | 2.24% |
RSG Republic Services, Inc. | 0.94% | 0.82% | 1.25% | 1.48% | 1.27% | 1.72% | 1.74% | 2.00% | 1.97% | 2.17% | 2.64% | 2.68% |
DSGX The Descartes Systems Group 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% |
TMUS T-Mobile US, Inc. | 1.17% | 1.28% | 0.41% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
USLM United States Lime & Minerals, Inc. | 0.23% | 0.15% | 0.35% | 0.57% | 0.50% | 0.56% | 6.52% | 0.76% | 0.70% | 0.66% | 0.91% | 0.69% |
CET Central Securities Corp. | 5.43% | 5.04% | 4.90% | 8.83% | 8.41% | 2.60% | 1.72% | 5.84% | 3.65% | 4.50% | 1.52% | 7.97% |
K Kellogg Company | 2.76% | 2.79% | 3.99% | 3.28% | 3.59% | 3.66% | 3.27% | 3.86% | 3.12% | 2.77% | 2.74% | 2.90% |
MSI Motorola Solutions, Inc. | 0.98% | 0.87% | 1.16% | 1.26% | 1.07% | 1.55% | 1.46% | 1.85% | 2.14% | 2.05% | 2.09% | 1.94% |
CASY Casey's General Stores, Inc. | 0.42% | 0.47% | 0.59% | 0.65% | 0.69% | 0.72% | 0.77% | 0.86% | 1.13% | 0.77% | 0.70% | 0.84% |
RBA Ritchie Bros. Auctioneers Incorporated | 0.58% | 0.92% | 3.23% | 1.80% | 1.54% | 1.21% | 1.77% | 2.14% | 2.26% | 1.93% | 2.47% | 2.01% |
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 Core 4. 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 Core 4 was 23.80%, occurring on Mar 23, 2020. Recovery took 81 trading sessions.
The current Core 4 drawdown is 1.05%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -23.8% | Feb 19, 2020 | 24 | Mar 23, 2020 | 81 | Jul 17, 2020 | 105 |
| -18.86% | May 20, 2011 | 55 | Aug 8, 2011 | 150 | Mar 13, 2012 | 205 |
| -15.73% | Sep 24, 2018 | 64 | Dec 24, 2018 | 36 | Feb 15, 2019 | 100 |
| -13.98% | Apr 8, 2022 | 48 | Jun 16, 2022 | 37 | Aug 10, 2022 | 85 |
| -11.87% | Apr 3, 2012 | 50 | Jun 13, 2012 | 64 | Sep 13, 2012 | 114 |
Volatility
Volatility Chart
The current Core 4 volatility is 9.16%, 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
| ESLT | USLM | DSGX | K | TMUS | RBA | WMT | CASY | WCN | PGR | MSI | COST | RSG | CET | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ESLT | 1.00 | 0.21 | 0.20 | 0.16 | 0.19 | 0.24 | 0.15 | 0.20 | 0.20 | 0.23 | 0.25 | 0.22 | 0.25 | 0.32 |
| USLM | 0.21 | 1.00 | 0.21 | 0.14 | 0.21 | 0.25 | 0.14 | 0.26 | 0.22 | 0.23 | 0.26 | 0.22 | 0.23 | 0.36 |
| DSGX | 0.20 | 0.21 | 1.00 | 0.11 | 0.23 | 0.26 | 0.17 | 0.19 | 0.30 | 0.20 | 0.30 | 0.26 | 0.24 | 0.37 |
| K | 0.16 | 0.14 | 0.11 | 1.00 | 0.21 | 0.18 | 0.32 | 0.29 | 0.24 | 0.31 | 0.25 | 0.31 | 0.34 | 0.23 |
| TMUS | 0.19 | 0.21 | 0.23 | 0.21 | 1.00 | 0.25 | 0.24 | 0.24 | 0.29 | 0.31 | 0.34 | 0.29 | 0.31 | 0.36 |
| RBA | 0.24 | 0.25 | 0.26 | 0.18 | 0.25 | 1.00 | 0.20 | 0.25 | 0.29 | 0.27 | 0.31 | 0.29 | 0.33 | 0.39 |
| WMT | 0.15 | 0.14 | 0.17 | 0.32 | 0.24 | 0.20 | 1.00 | 0.33 | 0.26 | 0.32 | 0.28 | 0.56 | 0.35 | 0.29 |
| CASY | 0.20 | 0.26 | 0.19 | 0.29 | 0.24 | 0.25 | 0.33 | 1.00 | 0.26 | 0.29 | 0.31 | 0.39 | 0.32 | 0.35 |
| WCN | 0.20 | 0.22 | 0.30 | 0.24 | 0.29 | 0.29 | 0.26 | 0.26 | 1.00 | 0.34 | 0.37 | 0.33 | 0.56 | 0.39 |
| PGR | 0.23 | 0.23 | 0.20 | 0.31 | 0.31 | 0.27 | 0.32 | 0.29 | 0.34 | 1.00 | 0.40 | 0.36 | 0.44 | 0.42 |
| MSI | 0.25 | 0.26 | 0.30 | 0.25 | 0.34 | 0.31 | 0.28 | 0.31 | 0.37 | 0.40 | 1.00 | 0.37 | 0.43 | 0.49 |
| COST | 0.22 | 0.22 | 0.26 | 0.31 | 0.29 | 0.29 | 0.56 | 0.39 | 0.33 | 0.36 | 0.37 | 1.00 | 0.40 | 0.40 |
| RSG | 0.25 | 0.23 | 0.24 | 0.34 | 0.31 | 0.33 | 0.35 | 0.32 | 0.56 | 0.44 | 0.43 | 0.40 | 1.00 | 0.43 |
| CET | 0.32 | 0.36 | 0.37 | 0.23 | 0.36 | 0.39 | 0.29 | 0.35 | 0.39 | 0.42 | 0.49 | 0.40 | 0.43 | 1.00 |