Denari_2023
Asset Allocation
| Position | Category/Sector | Weight |
|---|---|---|
AAPL Apple Inc | Technology | 5% |
FLOT iShares Floating Rate Bond ETF | Corporate Bonds | 50% |
GOOG Alphabet Inc. | Communication Services | 5% |
IAU iShares Gold Trust | Precious Metals, Gold | 10% |
MSFT Microsoft Corporation | Technology | 5% |
NVDA NVIDIA Corporation | Technology | 5% |
SMH VanEck Vectors Semiconductor ETF | Technology Equities | 5% |
URA Global X Uranium ETF | Commodity Producers Equities | 15% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Denari_2023, 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 Mar 27, 2014, corresponding to the inception date of GOOG
Returns By Period
As of Sep 18, 2024, the Denari_2023 returned 13.45% Year-To-Date and 11.74% of annualized return in the last 10 years.
| Year-To-Date | 1 month | 6 months | 1 year | 5 years (annualized) | 10 years (annualized) | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | 18.13% | 1.45% | 8.81% | 26.52% | 13.43% | 10.88% |
| Denari_2023 | 13.45% | -0.21% | 5.97% | 20.30% | 17.14% | 11.74% |
| Portfolio components: | ||||||
IAU iShares Gold Trust | 24.34% | 2.38% | 18.89% | 32.52% | 11.22% | 7.55% |
FLOT iShares Floating Rate Bond ETF | 4.79% | 0.63% | 3.03% | 6.55% | 2.91% | 2.23% |
URA Global X Uranium ETF | -8.66% | -0.20% | -8.99% | 0.16% | 21.62% | 2.02% |
SMH VanEck Vectors Semiconductor ETF | 33.65% | -5.27% | 7.31% | 59.63% | 34.14% | 27.98% |
MSFT Microsoft Corporation | 16.35% | 3.99% | 3.63% | 33.23% | 26.52% | 26.83% |
AAPL Apple Inc | 13.03% | -4.10% | 23.43% | 22.44% | 32.43% | 25.54% |
NVDA NVIDIA Corporation | 133.46% | -7.21% | 29.32% | 162.99% | 92.64% | 74.16% |
GOOG Alphabet Inc. | 14.01% | -2.58% | 8.62% | 15.63% | 21.08% | 18.43% |
Monthly Returns
The table below presents the monthly returns of Denari_2023, 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 | 3.24% | 1.39% | 3.48% | 0.11% | 5.40% | 0.88% | -0.36% | -0.84% | 13.45% | ||||
| 2023 | 6.99% | -0.78% | 3.91% | 0.97% | 4.08% | 2.96% | 2.50% | 1.03% | 0.10% | 0.45% | 4.63% | 1.70% | 32.22% |
| 2022 | -3.77% | 2.38% | 2.44% | -6.08% | -1.31% | -5.06% | 6.03% | -1.03% | -6.29% | 1.32% | 5.21% | -3.29% | -9.95% |
| 2021 | -0.40% | 3.15% | 1.24% | 3.17% | 2.88% | 1.56% | 0.27% | 2.47% | -0.17% | 5.32% | 1.30% | -0.20% | 22.45% |
| 2020 | 0.21% | -1.33% | -5.18% | 9.27% | 3.45% | 2.41% | 4.30% | 5.27% | -3.65% | -0.83% | 3.47% | 6.36% | 25.31% |
| 2019 | 3.74% | 1.15% | 2.23% | 1.06% | -3.77% | 4.20% | 0.29% | 0.06% | 1.29% | 2.23% | 1.30% | 3.06% | 17.90% |
| 2018 | 2.43% | -1.60% | -1.76% | 1.17% | 2.16% | -1.11% | 1.54% | 1.65% | 0.51% | -4.07% | -0.88% | -2.60% | -2.77% |
| 2017 | 6.80% | 0.26% | -0.43% | -1.46% | 2.91% | -0.74% | 3.20% | 0.91% | -0.53% | 1.10% | 2.69% | 1.33% | 16.93% |
| 2016 | -2.29% | 0.67% | 4.66% | -0.52% | 0.88% | 0.89% | 3.05% | 0.60% | 0.81% | -0.91% | 1.17% | 3.31% | 12.84% |
| 2015 | -1.43% | 3.00% | -2.19% | 3.40% | -0.64% | -4.18% | -1.50% | -0.33% | -1.42% | 4.66% | -0.48% | 0.60% | -0.86% |
| 2014 | -2.12% | 0.62% | 0.89% | -0.02% | 1.92% | -3.06% | -1.49% | 2.93% | -2.03% | -2.49% |
Expense Ratio
Denari_2023 has an expense ratio of 0.25%, 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 Denari_2023 is 53, 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 | |
|---|---|---|---|---|---|
IAU iShares Gold Trust | 2.31 | 3.22 | 1.41 | 2.69 | 13.82 |
FLOT iShares Floating Rate Bond ETF | 9.05 | 17.41 | 5.06 | 14.89 | 174.08 |
URA Global X Uranium ETF | 0.01 | 0.27 | 1.03 | 0.02 | 0.04 |
SMH VanEck Vectors Semiconductor ETF | 1.78 | 2.31 | 1.31 | 2.42 | 7.60 |
MSFT Microsoft Corporation | 1.65 | 2.19 | 1.28 | 2.12 | 6.45 |
AAPL Apple Inc | 1.11 | 1.69 | 1.21 | 1.48 | 3.48 |
NVDA NVIDIA Corporation | 3.16 | 3.43 | 1.44 | 6.04 | 19.24 |
GOOG Alphabet Inc. | 0.57 | 0.91 | 1.13 | 0.73 | 2.14 |
Dividends
Dividend yield
Denari_2023 granted a 4.08% dividend yield in the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Denari_2023 | 4.08% | 3.84% | 1.36% | 1.20% | 1.03% | 2.06% | 1.65% | 1.36% | 1.90% | 1.04% | 1.27% | 0.81% |
| Portfolio components: | ||||||||||||
IAU iShares Gold Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FLOT iShares Floating Rate Bond ETF | 5.95% | 5.66% | 2.06% | 0.43% | 1.25% | 2.78% | 2.41% | 1.46% | 0.97% | 0.53% | 0.44% | 0.47% |
URA Global X Uranium ETF | 6.75% | 6.07% | 0.76% | 5.84% | 1.69% | 1.66% | 0.44% | 2.03% | 7.28% | 1.96% | 4.28% | 0.54% |
SMH VanEck Vectors Semiconductor ETF | 0.45% | 0.60% | 2.37% | 1.02% | 1.38% | 6.00% | 3.75% | 2.85% | 1.61% | 4.28% | 2.31% | 3.11% |
MSFT Microsoft Corporation | 0.69% | 0.74% | 1.06% | 0.68% | 0.94% | 1.20% | 1.69% | 1.86% | 2.37% | 2.33% | 2.48% | 2.59% |
AAPL Apple Inc | 0.45% | 0.49% | 0.70% | 0.49% | 0.61% | 1.04% | 1.79% | 1.45% | 1.93% | 1.93% | 1.67% | 2.10% |
NVDA NVIDIA Corporation | 0.02% | 0.03% | 0.11% | 0.05% | 0.12% | 0.27% | 0.46% | 0.30% | 0.46% | 1.19% | 1.68% | 1.95% |
GOOG Alphabet Inc. | 0.25% | 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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Denari_2023. 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 Denari_2023 was 19.99%, occurring on Mar 18, 2020. Recovery took 44 trading sessions.
The current Denari_2023 drawdown is 4.68%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -19.99% | Feb 20, 2020 | 20 | Mar 18, 2020 | 44 | May 20, 2020 | 64 |
| -17.02% | Nov 10, 2021 | 234 | Oct 14, 2022 | 153 | May 25, 2023 | 387 |
| -10.59% | Apr 29, 2015 | 83 | Aug 25, 2015 | 197 | Jun 7, 2016 | 280 |
| -10.01% | Oct 4, 2018 | 56 | Dec 24, 2018 | 69 | Apr 4, 2019 | 125 |
| -8.18% | Jul 11, 2024 | 18 | Aug 5, 2024 | — | — | — |
Volatility
Volatility Chart
The current Denari_2023 volatility is 3.85%, 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
| IAU | FLOT | URA | AAPL | GOOG | NVDA | MSFT | SMH | |
|---|---|---|---|---|---|---|---|---|
| IAU | 1.00 | 0.05 | 0.20 | 0.00 | 0.02 | -0.00 | -0.00 | -0.00 |
| FLOT | 0.05 | 1.00 | 0.13 | 0.08 | 0.07 | 0.05 | 0.07 | 0.08 |
| URA | 0.20 | 0.13 | 1.00 | 0.33 | 0.34 | 0.34 | 0.36 | 0.42 |
| AAPL | 0.00 | 0.08 | 0.33 | 1.00 | 0.58 | 0.52 | 0.62 | 0.61 |
| GOOG | 0.02 | 0.07 | 0.34 | 0.58 | 1.00 | 0.52 | 0.69 | 0.58 |
| NVDA | -0.00 | 0.05 | 0.34 | 0.52 | 0.52 | 1.00 | 0.58 | 0.80 |
| MSFT | -0.00 | 0.07 | 0.36 | 0.62 | 0.69 | 0.58 | 1.00 | 0.64 |
| SMH | -0.00 | 0.08 | 0.42 | 0.61 | 0.58 | 0.80 | 0.64 | 1.00 |