2023-2024 вар3

Performance

Risk-Adjusted Performance

Dividends

Drawdowns

Volatility

Diversification

2023-2024 вар3

Last updated Jul 25, 2024

Asset Allocation

Position	Category/Sector	Weight
AEHR Aehr Test Systems	Technology	14.29%
GOOGL Alphabet Inc.	Communication Services	14.29%
LYTS LSI Industries Inc.	Technology	14.26%
MNSO MINISO Group Holding Limited	Consumer Cyclical	14.29%
MOD Modine Manufacturing Company	Consumer Cyclical	14.29%
NVO Novo Nordisk A/S	Healthcare	14.29%
SMCI Super Micro Computer, Inc.	Technology	14.29%

Benchmark

S&P 500

Rebalance portfolio

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in 2023-2024 вар3, 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

2023-2024 вар3

Benchmark (^GSPC)

Portfolio components

The earliest data available for this chart is Oct 15, 2020, corresponding to the inception date of MNSO

Returns By Period

	Year-To-Date	1 month	6 months	1 year	5 years (annualized)	10 years (annualized)
^GSPC S&P 500	13.20%	-1.28%	10.32%	18.23%	12.31%	10.58%
2023-2024 вар3	48.02%	4.32%	39.51%	57.74%	N/A	N/A
Portfolio components:
AEHR Aehr Test Systems	-33.43%	73.65%	12.06%	-63.95%	64.83%	20.15%
GOOGL Alphabet Inc.	19.89%	-9.03%	10.05%	29.42%	21.94%	18.82%
MNSO MINISO Group Holding Limited	-16.94%	-13.07%	-14.43%	-15.57%	N/A	N/A
MOD Modine Manufacturing Company	66.67%	3.29%	58.36%	181.15%	47.17%	21.58%
SMCI Super Micro Computer, Inc.	144.71%	-16.31%	46.71%	112.50%	106.56%	39.53%
NVO Novo Nordisk A/S	24.23%	-11.00%	18.92%	64.63%	41.05%	20.47%
LYTS LSI Industries Inc.	13.93%	8.59%	13.93%	25.47%	36.90%	10.99%

Monthly Returns

The table below presents the monthly returns of 2023-2024 вар3, 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	7.10%	23.10%	9.06%	-0.97%	2.67%	-2.04%							48.02%
2023	21.31%	5.84%	2.81%	-3.43%	22.40%	10.13%	15.42%	9.44%	-2.49%	-11.74%	5.49%	4.28%	105.50%
2022	-10.93%	-1.46%	-6.41%	-3.86%	5.40%	-4.16%	13.33%	13.82%	-8.61%	15.63%	38.37%	-7.51%	39.15%
2021	3.33%	3.52%	-0.04%	3.80%	-0.41%	1.43%	15.51%	5.93%	24.69%	11.26%	-6.46%	5.02%	86.95%
2020										-9.47%	22.73%	17.87%	30.96%

Expense Ratio

2023-2024 вар3 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 risk-adjusted rank of 2023-2024 вар3 is 78, placing it in the top 22% of portfolios on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.

2023-2024 вар3

Sharpe Ratio Rank

Sortino Ratio Rank

Omega Ratio Rank

Calmar Ratio Rank

Martin 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.

2023-2024 вар3

^GSPC

Portfolio components

	Sharpe ratio	Sortino ratio	Omega ratio	Calmar ratio	Martin ratio
AEHR Aehr Test Systems	-0.82	-1.33	0.84	-0.81	-1.09
GOOGL Alphabet Inc.	1.32	1.82	1.26	2.01	7.91
MNSO MINISO Group Holding Limited	-0.29	-0.07	0.99	-0.30	-0.58
MOD Modine Manufacturing Company	3.40	3.27	1.46	7.44	20.68
SMCI Super Micro Computer, Inc.	1.22	2.10	1.28	2.81	5.06
NVO Novo Nordisk A/S	1.80	3.01	1.35	4.54	12.90
LYTS LSI Industries Inc.	0.70	1.32	1.17	1.02	2.17

Sharpe Ratio

The current 2023-2024 вар3 Sharpe ratio is 1.87. 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 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 2023-2024 вар3 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.

2023-2024 вар3

Benchmark (^GSPC)

Portfolio components

Dividends

Dividend yield

2023-2024 вар3 granted a 0.90% dividend yield in the last twelve months.

	TTM	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
2023-2024 вар3	0.90%	0.59%	0.58%	0.76%	0.52%	0.69%	1.18%	0.63%	0.70%	0.27%	0.60%	0.47%
Portfolio components:
AEHR Aehr Test Systems	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
GOOGL Alphabet Inc.	0.12%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
MNSO MINISO Group Holding Limited	4.17%	1.99%	1.58%	1.45%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
MOD Modine Manufacturing Company	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SMCI Super Micro Computer, 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%
NVO Novo Nordisk A/S	0.76%	0.71%	0.84%	0.94%	1.33%	1.51%	1.97%	1.52%	2.87%	0.92%	1.43%	1.23%
LYTS LSI Industries Inc.	1.26%	1.42%	1.63%	2.92%	2.34%	3.31%	6.31%	2.91%	2.05%	0.98%	2.80%	2.08%

Drawdowns

Drawdowns Chart

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

2023-2024 вар3

Benchmark (^GSPC)

Portfolio components

Worst Drawdowns

The table below displays the maximum drawdowns of the 2023-2024 вар3. 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 2023-2024 вар3 was 33.33%, occurring on May 24, 2022. Recovery took 64 trading sessions.

The current 2023-2024 вар3 drawdown is 8.16%.

Depth	Start	To Bottom	Bottom	To Recover	End	Total
-33.33%	Nov 5, 2021	138	May 24, 2022	64	Aug 25, 2022	202
-21.79%	Aug 26, 2022	21	Sep 26, 2022	28	Nov 3, 2022	49
-15.87%	Oct 12, 2023	14	Oct 31, 2023	63	Feb 1, 2024	77
-13.24%	Jul 22, 2021	20	Aug 18, 2021	12	Sep 3, 2021	32
-11.87%	Mar 14, 2024	26	Apr 19, 2024	14	May 9, 2024	40

Volatility

Volatility Chart

The current 2023-2024 вар3 volatility is 10.23%, 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.

2023-2024 вар3

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.

	NVO	LYTS	MNSO	GOOGL	MOD	AEHR	SMCI
NVO	1.00	0.06	0.11	0.29	0.13	0.16	0.20
LYTS	0.06	1.00	0.14	0.12	0.34	0.23	0.24
MNSO	0.11	0.14	1.00	0.26	0.21	0.24	0.21
GOOGL	0.29	0.12	0.26	1.00	0.26	0.36	0.32
MOD	0.13	0.34	0.21	0.26	1.00	0.32	0.36
AEHR	0.16	0.23	0.24	0.36	0.32	1.00	0.36
SMCI	0.20	0.24	0.21	0.32	0.36	0.36	1.00

The correlation results are calculated based on daily price changes starting from Oct 16, 2020