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Engineering/Construction
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Engineering/Construction

Last updated Sep 20, 2024

Asset Allocation

PWR 6.67%J 6.67%EME 6.67%BLD 6.67%ACM 6.67%FIX 6.67%TTEK 6.67%STN 6.67%KBR 6.67%MTZ 6.67%FLR 6.67%APG 6.67%EXPO 6.67%DY 6.67%ROAD 6.67%EquityEquity
PositionCategory/SectorWeight
ACM
AECOM		Industrials
6.67%
APG
APi Group Corporation		Industrials
6.67%
BLD
TopBuild Corp.		Industrials
6.67%
DY
Dycom Industries, Inc.		Industrials
6.67%
EME
EMCOR Group, Inc.		Industrials
6.67%
EXPO
Exponent, Inc.		Industrials
6.67%
FIX
Comfort Systems USA, Inc.		Industrials
6.67%
FLR
Fluor Corporation		Industrials
6.67%
J
Jacobs Engineering Group Inc.		Industrials
6.67%
KBR
KBR, Inc.		Industrials
6.67%
MTZ
MasTec, Inc.		Industrials
6.67%
PWR
Quanta Services, Inc.		Industrials
6.67%
ROAD
Construction Partners, Inc.		Industrials
6.67%
STN
Stantec Inc		Industrials
6.67%
TTEK
Tetra Tech, Inc.		Industrials
6.67%

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Engineering/Construction, 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

-5.00%0.00%5.00%10.00%15.00%AprilMayJuneJulyAugustSeptember
15.85%
9.00%
Engineering/Construction
Benchmark (^GSPC)
Portfolio components

The earliest data available for this chart is May 4, 2018, corresponding to the inception date of ROAD

Returns By Period

Year-To-Date1 month6 months1 year5 years (annualized)10 years (annualized)
^GSPC
S&P 500		19.79%2.08%9.01%29.79%13.85%11.12%
Engineering/Construction37.83%6.70%15.85%53.58%33.03%N/A
Portfolio components:
PWR
Quanta Services, Inc.		34.35%8.57%13.12%48.62%51.02%23.07%
J
Jacobs Engineering Group Inc.		15.85%1.36%-0.89%13.14%11.14%11.86%
EME
EMCOR Group, Inc.		100.06%17.08%24.50%100.67%38.76%26.75%
BLD
TopBuild Corp.		12.17%11.35%-4.40%61.92%34.67%N/A
ACM
AECOM		10.34%4.99%3.40%22.31%22.59%11.19%
FIX
Comfort Systems USA, Inc.		85.38%14.99%17.84%112.70%56.05%39.90%
TTEK
Tetra Tech, Inc.		40.42%0.32%27.89%49.38%24.57%28.03%
STN
Stantec Inc		1.53%-2.16%-5.42%23.02%30.92%11.32%
KBR
KBR, Inc.		15.54%-3.86%3.41%5.49%21.59%13.93%
MTZ
MasTec, Inc.		64.43%11.54%37.19%51.77%14.57%14.75%
FLR
Fluor Corporation		21.14%-1.80%16.01%25.83%19.11%-2.53%
APG
APi Group Corporation		3.47%3.35%-8.21%36.64%28.75%N/A
EXPO
Exponent, Inc.		28.09%8.11%37.05%26.19%10.72%21.35%
DY
Dycom Industries, Inc.		70.01%0.76%37.82%105.36%31.61%19.61%
ROAD
Construction Partners, Inc.		75.30%26.33%41.38%113.22%36.77%N/A

Monthly Returns

The table below presents the monthly returns of Engineering/Construction, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-2.36%12.62%9.37%-1.90%6.49%-2.68%7.63%1.07%37.83%
20237.30%2.32%-0.83%-0.54%-0.23%13.52%1.72%2.33%-5.85%-4.85%9.73%9.79%37.80%
2022-11.04%0.52%6.98%-8.72%2.06%-6.22%13.21%-1.86%-9.46%15.67%4.58%-2.91%-1.27%
20211.74%8.21%12.13%4.44%-2.62%-3.17%2.15%3.29%-2.51%11.66%3.49%2.64%48.34%
2020-0.54%-8.98%-18.35%16.65%7.76%3.30%3.03%10.14%-2.69%5.64%17.40%6.52%40.03%
201911.44%4.91%1.43%7.12%-4.41%10.55%-1.14%-1.56%4.06%1.83%5.77%-1.02%44.90%
20184.34%0.53%2.00%1.98%-1.27%-8.78%0.03%-12.27%-13.76%

Expense Ratio

Engineering/Construction 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.

The portfolio doesn't hold funds that charge fees

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of Engineering/Construction is 71, 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 Engineering/Construction is 7171
Engineering/Construction
The Sharpe Ratio Rank of Engineering/Construction is 7171Sharpe Ratio Rank
The Sortino Ratio Rank of Engineering/Construction is 5959Sortino Ratio Rank
The Omega Ratio Rank of Engineering/Construction is 5353Omega Ratio Rank
The Calmar Ratio Rank of Engineering/Construction is 9191Calmar Ratio Rank
The Martin Ratio Rank of Engineering/Construction is 8282Martin 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.

Engineering/Construction
Sharpe ratio
The chart of Sharpe ratio for Engineering/Construction, currently valued at 2.39, compared to the broader market-1.000.001.002.003.004.002.39
Sortino ratio
The chart of Sortino ratio for Engineering/Construction, currently valued at 3.05, compared to the broader market-2.000.002.004.006.003.05
Omega ratio
The chart of Omega ratio for Engineering/Construction, currently valued at 1.39, compared to the broader market0.801.001.201.401.601.801.39
Calmar ratio
The chart of Calmar ratio for Engineering/Construction, currently valued at 4.08, compared to the broader market0.002.004.006.008.004.08
Martin ratio
The chart of Martin ratio for Engineering/Construction, currently valued at 15.65, compared to the broader market0.0010.0020.0030.0015.65
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.23, compared to the broader market-1.000.001.002.003.004.002.23
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 3.00, compared to the broader market-2.000.002.004.006.003.00
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.40, compared to the broader market0.801.001.201.401.601.801.40
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 2.02, compared to the broader market0.002.004.006.008.002.02
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 13.08, compared to the broader market0.0010.0020.0030.0013.08
Portfolio components
Sharpe ratioSortino ratioOmega ratioCalmar ratioMartin ratio
PWR
Quanta Services, Inc.		1.362.041.261.936.82
J
Jacobs Engineering Group Inc.		0.640.941.140.862.22
EME
EMCOR Group, Inc.		3.183.671.536.5620.22
BLD
TopBuild Corp.		1.452.091.262.166.08
ACM
AECOM		0.971.551.191.283.62
FIX
Comfort Systems USA, Inc.		2.432.981.405.6516.73
TTEK
Tetra Tech, Inc.		1.912.681.342.3011.82
STN
Stantec Inc		0.981.611.181.784.64
KBR
KBR, Inc.		0.230.421.070.230.64
MTZ
MasTec, Inc.		1.031.571.200.813.32
FLR
Fluor Corporation		0.731.161.160.573.76
APG
APi Group Corporation		1.251.711.241.975.30
EXPO
Exponent, Inc.		0.681.171.180.592.83
DY
Dycom Industries, Inc.		2.843.761.483.1217.34
ROAD
Construction Partners, Inc.		3.023.381.436.6819.20

Sharpe Ratio

The current Engineering/Construction Sharpe ratio is 2.39. 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 1.88 to 2.55, 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 Engineering/Construction 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 Ratio1.502.002.503.003.50AprilMayJuneJulyAugustSeptember
2.39
2.23
Engineering/Construction
Benchmark (^GSPC)
Portfolio components

Dividends

Dividend yield

Engineering/Construction granted a 0.45% dividend yield in the last twelve months.

TTM20232022202120202019201820172016201520142013
Engineering/Construction0.45%0.52%0.54%0.42%0.54%0.86%0.73%0.68%0.59%0.76%0.71%0.34%
Portfolio components:
PWR
Quanta Services, Inc.		0.12%0.15%0.25%0.16%0.29%0.42%0.13%0.00%0.00%0.00%0.00%0.00%
J
Jacobs Engineering Group Inc.		0.76%0.80%0.77%0.60%0.70%0.76%1.03%0.91%0.00%0.00%0.00%0.00%
EME
EMCOR Group, Inc.		0.20%0.32%0.36%0.41%0.35%0.37%0.54%0.39%0.45%0.67%0.72%0.42%
BLD
TopBuild Corp.		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
ACM
AECOM		0.83%0.78%0.71%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
FIX
Comfort Systems USA, Inc.		0.29%0.41%0.49%0.49%0.81%0.79%0.76%0.68%0.83%0.88%1.31%1.08%
TTEK
Tetra Tech, Inc.		1.86%2.40%2.51%1.80%1.74%2.61%0.89%2.47%1.55%3.65%2.88%0.00%
STN
Stantec Inc		0.74%0.73%1.14%1.22%1.42%2.06%1.91%1.39%1.34%1.30%1.21%1.02%
KBR
KBR, Inc.		0.92%0.97%0.91%0.92%1.29%1.05%2.11%1.61%1.92%1.89%1.89%1.00%
MTZ
MasTec, 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%
FLR
Fluor Corporation		0.00%0.00%0.00%0.00%0.63%3.87%2.61%1.63%1.60%1.78%1.39%0.80%
APG
APi Group Corporation		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
EXPO
Exponent, Inc.		0.98%1.18%0.97%0.69%0.84%0.93%1.03%1.18%1.19%1.20%1.21%0.78%
DY
Dycom Industries, 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%
ROAD
Construction Partners, 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%

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.

-8.00%-6.00%-4.00%-2.00%0.00%AprilMayJuneJulyAugustSeptember00
Engineering/Construction
Benchmark (^GSPC)
Portfolio components

Worst Drawdowns

The table below displays the maximum drawdowns of the Engineering/Construction. 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 Engineering/Construction was 43.22%, occurring on Mar 23, 2020. Recovery took 97 trading sessions.

Depth

Start

To Bottom

Bottom

To Recover

End

Total

-43.22%Feb 14, 202026Mar 23, 202097Aug 10, 2020123
-25.66%Aug 8, 201896Dec 24, 201881Apr 23, 2019177
-24.57%Nov 24, 2021141Jun 16, 2022144Jan 12, 2023285
-12.94%Sep 5, 202339Oct 27, 202329Dec 8, 202368
-12.85%May 10, 202149Jul 19, 202166Oct 20, 2021115

Volatility

Volatility Chart

The current Engineering/Construction volatility is 8.48%, 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%AprilMayJuneJulyAugustSeptember
8.48%
4.31%
Engineering/Construction
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.
STNROADAPGEXPOBLDFLRTTEKKBRDYJMTZFIXPWRACMEME
STN1.000.320.340.340.370.380.390.360.340.420.370.400.420.440.40
ROAD0.321.000.360.320.340.430.360.360.380.370.410.450.460.420.46
APG0.340.361.000.380.450.360.400.350.380.400.440.470.470.450.44
EXPO0.340.320.381.000.400.350.580.450.420.490.420.470.430.460.49
BLD0.370.340.450.401.000.360.440.400.430.440.460.530.480.460.50
FLR0.380.430.360.350.361.000.410.530.490.520.510.510.550.620.57
TTEK0.390.360.400.580.440.411.000.500.470.520.470.530.520.540.54
KBR0.360.360.350.450.400.530.501.000.500.580.510.510.550.610.57
DY0.340.380.380.420.430.490.470.501.000.480.660.540.580.550.58
J0.420.370.400.490.440.520.520.580.481.000.500.530.600.620.58
MTZ0.370.410.440.420.460.510.470.510.660.501.000.580.640.580.59
FIX0.400.450.470.470.530.510.530.510.540.530.581.000.640.580.71
PWR0.420.460.470.430.480.550.520.550.580.600.640.641.000.660.64
ACM0.440.420.450.460.460.620.540.610.550.620.580.580.661.000.65
EME0.400.460.440.490.500.570.540.570.580.580.590.710.640.651.00
The correlation results are calculated based on daily price changes starting from May 7, 2018