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

Main

Last updated Jul 25, 2024

Asset Allocation

BABA 10%JD 10%CELH 10%CSU.TO 10%TOI.V 10%GRBK 10%MELI 10%CLS.TO 10%SHOP.TO 10%QQQ 10%EquityEquity
PositionCategory/SectorWeight
BABA
Alibaba Group Holding Limited		Consumer Cyclical

10%

CELH
Celsius Holdings, Inc.		Consumer Defensive

10%

CLS.TO
Celestica Inc.		Technology

10%

CSU.TO
Constellation Software Inc.		Technology

10%

GRBK
Green Brick Partners, Inc.		Consumer Cyclical

10%

JD
JD.com, Inc.		Consumer Cyclical

10%

MELI
MercadoLibre, Inc.		Consumer Cyclical

10%

QQQ
Invesco QQQ		Large Cap Blend Equities

10%

SHOP.TO
Shopify Inc.		Technology

10%

TOI.V
Topicus.com Inc.		Technology

10%

S&P 500

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Main, 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

30.00%40.00%50.00%60.00%70.00%80.00%FebruaryMarchAprilMayJuneJuly
66.12%
41.11%
Main
Benchmark (^GSPC)
Portfolio components

The earliest data available for this chart is Feb 2, 2021, corresponding to the inception date of TOI.V

Returns By Period

Year-To-Date1 month6 months1 year5 years (annualized)10 years (annualized)
^GSPC
S&P 500		13.20%-1.28%10.32%18.23%12.31%10.58%
Main15.25%0.54%12.01%28.21%N/AN/A
Portfolio components:
BABA
Alibaba Group Holding Limited		-1.89%1.66%2.75%-19.26%-15.52%N/A
JD
JD.com, Inc.		-6.32%-4.29%13.43%-28.74%-2.27%-0.47%
CELH
Celsius Holdings, Inc.		-14.90%-17.97%-11.49%-3.63%94.50%71.10%
CSU.TO
Constellation Software Inc.		27.05%11.52%14.71%51.73%28.07%33.84%
TOI.V
Topicus.com Inc.		35.87%10.79%17.97%19.51%N/AN/A
GRBK
Green Brick Partners, Inc.		40.35%28.73%43.28%35.55%50.11%27.71%
MELI
MercadoLibre, Inc.		3.41%-3.20%-9.50%38.91%19.99%33.57%
CLS.TO
Celestica Inc.		74.42%-7.67%59.97%184.25%50.40%19.64%
SHOP.TO
Shopify Inc.		-23.64%-9.15%-27.07%-7.13%13.23%N/A
QQQ
Invesco QQQ		12.23%-4.60%8.45%22.52%19.44%17.83%

Monthly Returns

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

JanFebMarAprMayJunJulAugSepOctNovDecTotal
20241.98%11.08%2.24%-4.80%7.22%-2.86%15.25%
202318.94%-6.11%8.52%-4.46%10.43%10.18%10.21%-0.12%-7.79%-6.19%14.82%5.23%62.09%
2022-10.77%-4.93%-3.18%-10.96%0.35%-4.70%12.19%-1.19%-12.07%4.52%14.84%-5.34%-22.55%
2021-2.15%-0.65%6.58%-3.16%8.22%0.36%9.02%-5.68%8.12%-7.86%2.84%14.81%

Expense Ratio

Main has an expense ratio of 0.02%, 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.

QQQ
Invesco QQQ
Expense ratio chart for QQQ: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of Main is 26, 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 Main is 2626
Main
The Sharpe Ratio Rank of Main is 1919Sharpe Ratio Rank
The Sortino Ratio Rank of Main is 1919Sortino Ratio Rank
The Omega Ratio Rank of Main is 1818Omega Ratio Rank
The Calmar Ratio Rank of Main is 4646Calmar Ratio Rank
The Martin Ratio Rank of Main is 2626Martin 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.

Main
Sharpe ratio
The chart of Sharpe ratio for Main, currently valued at 1.07, compared to the broader market-1.000.001.002.003.004.001.07
Sortino ratio
The chart of Sortino ratio for Main, currently valued at 1.61, compared to the broader market-2.000.002.004.006.001.61
Omega ratio
The chart of Omega ratio for Main, currently valued at 1.19, compared to the broader market0.801.001.201.401.601.801.19
Calmar ratio
The chart of Calmar ratio for Main, currently valued at 1.41, compared to the broader market0.002.004.006.008.001.41
Martin ratio
The chart of Martin ratio for Main, currently valued at 4.17, compared to the broader market0.0010.0020.0030.0040.004.17
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 1.58, compared to the broader market-1.000.001.002.003.004.001.58
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 2.22, compared to the broader market-2.000.002.004.006.002.22
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.28, compared to the broader market0.801.001.201.401.601.801.28
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.29, compared to the broader market0.002.004.006.008.001.29
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 5.98, compared to the broader market0.0010.0020.0030.0040.005.98
Portfolio components
Sharpe ratioSortino ratioOmega ratioCalmar ratioMartin ratio
BABA
Alibaba Group Holding Limited		-0.69-0.860.90-0.31-1.10
JD
JD.com, Inc.		-0.71-0.970.90-0.41-1.08
CELH
Celsius Holdings, Inc.		-0.040.401.05-0.04-0.10
CSU.TO
Constellation Software Inc.		2.343.071.405.1614.81
TOI.V
Topicus.com Inc.		0.561.031.120.361.61
GRBK
Green Brick Partners, Inc.		0.771.261.160.822.13
MELI
MercadoLibre, Inc.		0.971.621.190.853.17
CLS.TO
Celestica Inc.		2.963.231.437.2424.26
SHOP.TO
Shopify Inc.		-0.230.021.00-0.16-0.62
QQQ
Invesco QQQ		1.281.781.231.497.76

Sharpe Ratio

The current Main Sharpe ratio is 0.97. 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 1.24 to 1.94, this portfolio's current Sharpe ratio places it in the bottom 25%. This suggests that it may not be performing as well in terms of risk-adjusted returns compared to many other portfolios. The lower performance could be due to either lower returns, higher volatility, or a combination of both. This might indicate that the portfolio requires some fine-tuning. You can use the Portfolio Optimization tool to find an allocation that maximizes the Sharpe ratio.

Use the chart below to compare the Sharpe ratio of Main 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 Ratio1.001.502.002.503.00FebruaryMarchAprilMayJuneJuly
1.07
1.58
Main
Benchmark (^GSPC)
Portfolio components

Dividends

Dividend yield

Main granted a 0.76% dividend yield in the last twelve months.

TTM20232022202120202019201820172016201520142013
Main0.76%0.41%0.33%0.06%0.09%0.33%0.15%0.17%0.23%0.22%0.32%0.34%
Portfolio components:
BABA
Alibaba Group Holding Limited		2.19%1.28%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
JD
JD.com, Inc.		2.81%2.08%2.21%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
CELH
Celsius Holdings, 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%
CSU.TO
Constellation Software Inc.		0.12%0.16%0.25%0.21%0.32%2.54%0.60%0.68%0.86%0.90%1.29%1.83%
TOI.V
Topicus.com Inc.		1.83%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
GRBK
Green Brick 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%
MELI
MercadoLibre, Inc.		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.19%0.38%0.36%0.52%0.53%
CLS.TO
Celestica 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%
SHOP.TO
Shopify 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%
QQQ
Invesco QQQ		0.63%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%1.01%

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.

-10.00%-8.00%-6.00%-4.00%-2.00%0.00%FebruaryMarchAprilMayJuneJuly
-6.96%
-4.73%
Main
Benchmark (^GSPC)
Portfolio components

Worst Drawdowns

The table below displays the maximum drawdowns of the Main. 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 Main was 40.89%, occurring on May 11, 2022. Recovery took 281 trading sessions.

The current Main drawdown is 7.17%.

Depth

Start

To Bottom

Bottom

To Recover

End

Total

-40.89%Nov 10, 2021129May 11, 2022281Jun 15, 2023410
-15.67%Sep 5, 202339Oct 27, 202334Dec 14, 202373
-13.89%Feb 17, 202127Mar 25, 202123Apr 28, 202150
-11.8%Apr 29, 202110May 12, 202132Jun 25, 202142
-10.18%Mar 22, 202420Apr 19, 202411May 6, 202431

Volatility

Volatility Chart

The current Main volatility is 5.85%, 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.

2.00%3.00%4.00%5.00%6.00%7.00%8.00%FebruaryMarchAprilMayJuneJuly
5.85%
3.80%
Main
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.
TOI.VJDCLS.TOBABAGRBKCELHCSU.TOMELISHOP.TOQQQ
TOI.V1.000.110.230.120.200.140.270.210.220.23
JD0.111.000.170.770.220.260.230.380.420.37
CLS.TO0.230.171.000.210.370.310.370.380.380.53
BABA0.120.770.211.000.200.280.220.400.410.39
GRBK0.200.220.370.201.000.390.370.380.390.48
CELH0.140.260.310.280.391.000.310.460.440.50
CSU.TO0.270.230.370.220.370.311.000.440.480.55
MELI0.210.380.380.400.380.460.441.000.620.66
SHOP.TO0.220.420.380.410.390.440.480.621.000.67
QQQ0.230.370.530.390.480.500.550.660.671.00
The correlation results are calculated based on daily price changes starting from Feb 3, 2021