test1
Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund | Large Cap Growth Equities | 50% |
QQQ Invesco QQQ | Large Cap Blend Equities | 50% |
Performance
Performance Chart
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The earliest data available for this chart is Apr 25, 2006, corresponding to the inception date of QQEW
Returns By Period
As of Jun 2, 2025, the test1 returned 3.02% Year-To-Date and 14.79% of annualized return in the last 10 years.
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | 0.92% | 4.38% | -1.84% | 12.48% | 13.71% | 10.99% |
| test1 | 3.73% | 6.12% | 0.55% | 13.10% | 14.68% | 14.93% |
| Portfolio components: | ||||||
QQQ Invesco QQQ | 2.50% | 7.03% | 1.85% | 16.79% | 17.93% | 17.87% |
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund | 4.85% | 5.19% | -0.95% | 9.15% | 11.30% | 11.92% |
Monthly Returns
The table below presents the monthly returns of test1, 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 | 3.47% | -2.04% | -6.88% | 0.98% | 8.08% | 0.68% | 3.73% | ||||||
| 2024 | 1.25% | 4.58% | 1.16% | -4.89% | 4.50% | 4.53% | -1.00% | 1.15% | 1.79% | -1.13% | 5.83% | -2.20% | 16.08% |
| 2023 | 10.06% | -0.78% | 7.28% | -0.74% | 5.46% | 5.86% | 4.38% | -2.30% | -4.62% | -3.40% | 10.73% | 6.50% | 43.86% |
| 2022 | -8.91% | -3.72% | 3.73% | -12.08% | -1.26% | -8.45% | 11.59% | -4.81% | -9.87% | 5.00% | 6.47% | -7.79% | -28.63% |
| 2021 | -0.08% | 0.67% | 1.55% | 4.76% | -0.66% | 5.65% | 2.38% | 3.27% | -5.28% | 6.63% | 0.14% | 2.02% | 22.53% |
| 2020 | 1.53% | -5.77% | -8.91% | 14.11% | 7.69% | 5.24% | 6.30% | 8.49% | -4.36% | -2.53% | 12.53% | 4.85% | 42.95% |
| 2019 | 10.25% | 3.34% | 2.89% | 5.21% | -8.53% | 8.09% | 1.98% | -2.29% | 0.87% | 4.03% | 3.90% | 3.73% | 37.42% |
| 2018 | 8.06% | -2.12% | -3.18% | -0.17% | 4.15% | 1.11% | 3.01% | 3.97% | -0.30% | -8.62% | 1.42% | -8.66% | -2.69% |
| 2017 | 5.50% | 4.09% | 1.87% | 2.22% | 3.55% | -1.71% | 3.39% | 0.97% | 0.50% | 2.95% | 2.12% | 0.75% | 29.33% |
| 2016 | -7.60% | -0.65% | 6.41% | -2.72% | 4.19% | -2.30% | 7.09% | 0.97% | 1.77% | -1.62% | 1.66% | 0.61% | 7.11% |
| 2015 | -2.69% | 7.47% | -2.04% | 1.38% | 2.14% | -2.67% | 3.45% | -6.77% | -2.89% | 10.18% | 0.54% | -1.29% | 5.75% |
| 2014 | -1.78% | 6.21% | -2.92% | -1.07% | 4.16% | 3.37% | 0.28% | 4.85% | -0.97% | 2.85% | 4.77% | -1.55% | 19.17% |
Expense Ratio
test1 has an expense ratio of 0.39%, placing it in the medium range. 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
The current rank of test1 is 21, meaning it’s performing worse than 79% of other 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 | |
|---|---|---|---|---|---|
QQQ Invesco QQQ | 0.66 | 1.01 | 1.14 | 0.67 | 2.18 |
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund | 0.42 | 0.73 | 1.10 | 0.42 | 1.47 |
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Dividends
Dividend yield
test1 provided a 0.53% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 0.53% | 0.56% | 0.66% | 0.73% | 0.33% | 0.45% | 0.61% | 0.73% | 0.66% | 0.90% | 0.80% | 1.23% |
| Portfolio components: | ||||||||||||
QQQ Invesco QQQ | 0.57% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund | 0.50% | 0.57% | 0.70% | 0.66% | 0.24% | 0.34% | 0.48% | 0.56% | 0.48% | 0.73% | 0.62% | 1.05% |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the test1. 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 test1 was 55.57%, occurring on Nov 20, 2008. Recovery took 517 trading sessions.
The current test1 drawdown is 3.91%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -55.57% | Nov 1, 2007 | 267 | Nov 20, 2008 | 517 | Dec 10, 2010 | 784 |
| -33.37% | Nov 22, 2021 | 226 | Oct 14, 2022 | 295 | Dec 18, 2023 | 521 |
| -29.37% | Feb 20, 2020 | 22 | Mar 20, 2020 | 53 | Jun 5, 2020 | 75 |
| -22.07% | Feb 19, 2025 | 35 | Apr 8, 2025 | — | — | — |
| -21.45% | Aug 30, 2018 | 80 | Dec 24, 2018 | 66 | Apr 1, 2019 | 146 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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Diversification
Diversification Metrics
Number of Effective Assets
The portfolio contains 2 assets, with an effective number of assets of 2.00, reflecting the diversification based on asset allocation. This number of effective assets suggests a highly concentrated portfolio, where a few assets dominate the allocation, potentially increasing the portfolio's risk due to lack of diversification.
Asset Correlations Table
| ^GSPC | QQQ | QQEW | Portfolio | |
|---|---|---|---|---|
| ^GSPC | 1.00 | 0.89 | 0.90 | 0.91 |
| QQQ | 0.89 | 1.00 | 0.92 | 0.98 |
| QQEW | 0.90 | 0.92 | 1.00 | 0.98 |
| Portfolio | 0.91 | 0.98 | 0.98 | 1.00 |