Defensive Growth
Asset Allocation
| Position | Category/Sector | Weight |
|---|---|---|
ATD.TO Alimentation Couche-Tard Inc. | Consumer Cyclical | 13.58% |
CSU.TO Constellation Software Inc. | Technology | 31.38% |
DOL.TO Dollarama Inc. | Consumer Defensive | 8.23% |
GSY.TO goeasy Ltd. | Financial Services | 8.75% |
VOO Vanguard S&P 500 ETF | Large Cap Growth Equities | 28.31% |
WSP.TO WSP Global Inc. | Industrials | 9.75% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Defensive Growth, 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 Sep 9, 2010, corresponding to the inception date of VOO
Returns By Period
As of Sep 19, 2024, the Defensive Growth returned 19.19% Year-To-Date and 21.74% 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 | 17.79% | 0.18% | 7.53% | 26.42% | 13.48% | 10.85% |
| Defensive Growth | 19.19% | -0.41% | 8.37% | 35.89% | 22.49% | 21.74% |
| Portfolio components: | ||||||
CSU.TO Constellation Software Inc. | 26.27% | 1.16% | 12.10% | 51.29% | 26.25% | 29.45% |
VOO Vanguard S&P 500 ETF | 18.91% | 0.30% | 8.27% | 28.20% | 15.00% | 12.63% |
DOL.TO Dollarama Inc. | 37.40% | 0.08% | 26.99% | 40.00% | 22.28% | 21.21% |
GSY.TO goeasy Ltd. | 12.67% | -2.34% | 8.51% | 62.41% | 27.67% | 22.43% |
ATD.TO Alimentation Couche-Tard Inc. | -5.50% | -7.61% | -7.88% | 5.05% | 12.79% | 13.72% |
WSP.TO WSP Global Inc. | 21.33% | 3.73% | 1.80% | 19.78% | 24.58% | 20.15% |
Monthly Returns
The table below presents the monthly returns of Defensive Growth, 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 | 4.26% | 4.19% | -0.50% | -2.75% | 6.27% | 2.32% | 5.72% | 0.97% | 19.19% | ||||
| 2023 | 9.29% | -1.74% | 3.58% | 1.75% | 1.64% | 5.33% | 2.90% | -1.13% | -2.38% | -1.34% | 11.89% | 5.83% | 40.59% |
| 2022 | -6.41% | -2.51% | 4.93% | -8.27% | 0.53% | -7.26% | 11.63% | -5.13% | -8.36% | 6.91% | 6.43% | -4.96% | -14.08% |
| 2021 | -4.27% | 4.39% | 7.19% | 6.72% | 0.68% | 4.34% | 4.94% | 4.44% | -4.04% | 5.60% | -2.78% | 8.24% | 40.37% |
| 2020 | 3.15% | -6.82% | -14.84% | 12.82% | 10.94% | 0.30% | 5.85% | 3.52% | -1.94% | -4.62% | 15.33% | 7.60% | 30.68% |
| 2019 | 13.58% | 7.00% | 1.12% | 4.98% | -1.68% | 7.77% | 1.65% | -0.07% | 2.35% | 0.31% | 7.15% | -2.06% | 49.61% |
| 2018 | 4.98% | -3.76% | 0.26% | 1.59% | 5.14% | -0.11% | 0.45% | 5.12% | -1.43% | -7.91% | 0.82% | -8.19% | -4.11% |
| 2017 | 3.72% | 2.19% | 2.33% | -0.82% | 5.05% | 1.69% | 1.96% | 1.62% | 0.60% | 3.68% | 5.07% | 3.12% | 34.56% |
| 2016 | -6.68% | 5.83% | 3.76% | 0.00% | 0.88% | -2.28% | 3.42% | 6.07% | 2.44% | 1.13% | 0.19% | -0.81% | 14.09% |
| 2015 | -7.14% | 11.93% | 2.00% | 5.75% | 0.02% | 0.03% | 4.16% | -4.80% | 1.53% | 3.59% | 2.10% | -4.84% | 13.66% |
| 2014 | -2.72% | 5.56% | 3.77% | -0.19% | 2.14% | 4.54% | -1.69% | 4.35% | -0.07% | 5.50% | 2.68% | 2.95% | 29.84% |
| 2013 | 4.48% | -1.18% | 5.14% | 7.64% | 0.26% | -0.59% | 5.32% | 3.19% | 7.44% | 5.40% | 1.98% | 8.09% | 58.00% |
Expense Ratio
Defensive Growth has an expense ratio of 0.01%, 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 risk-adjusted rank of Defensive Growth is 89, placing it in the top 11% of portfolios on our website in terms of risk-adjusted performance. This ranking is based on the combined 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 | |
|---|---|---|---|---|---|
CSU.TO Constellation Software Inc. | 2.39 | 3.06 | 1.40 | 5.09 | 14.48 |
VOO Vanguard S&P 500 ETF | 2.52 | 3.36 | 1.46 | 2.70 | 15.62 |
DOL.TO Dollarama Inc. | 1.78 | 2.77 | 1.34 | 4.28 | 15.48 |
GSY.TO goeasy Ltd. | 1.92 | 2.49 | 1.33 | 1.28 | 10.55 |
ATD.TO Alimentation Couche-Tard Inc. | 0.30 | 0.56 | 1.07 | 0.45 | 0.86 |
WSP.TO WSP Global Inc. | 0.94 | 1.34 | 1.18 | 1.41 | 3.36 |
Dividends
Dividend yield
Defensive Growth granted a 0.78% dividend yield in the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Defensive Growth | 0.78% | 0.88% | 1.08% | 0.75% | 0.94% | 1.70% | 1.26% | 1.13% | 1.35% | 1.41% | 1.49% | 1.72% |
| Portfolio components: | ||||||||||||
CSU.TO Constellation Software Inc. | 0.10% | 0.16% | 0.25% | 0.21% | 0.32% | 2.54% | 0.60% | 0.68% | 0.86% | 0.90% | 1.29% | 1.83% |
VOO Vanguard S&P 500 ETF | 1.28% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
DOL.TO Dollarama Inc. | 0.24% | 0.28% | 0.27% | 0.31% | 0.34% | 0.39% | 0.25% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GSY.TO goeasy Ltd. | 2.36% | 2.43% | 3.42% | 1.47% | 1.86% | 1.78% | 2.52% | 1.94% | 2.05% | 2.11% | 1.69% | 1.97% |
ATD.TO Alimentation Couche-Tard Inc. | 0.70% | 0.76% | 0.79% | 0.70% | 0.68% | 0.15% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
WSP.TO WSP Global Inc. | 0.65% | 0.81% | 0.95% | 0.82% | 1.24% | 1.69% | 2.56% | 2.50% | 3.36% | 3.53% | 4.19% | 4.65% |
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 Defensive Growth. 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 Defensive Growth was 35.96%, occurring on Mar 23, 2020. Recovery took 84 trading sessions.
The current Defensive Growth drawdown is 2.31%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -35.96% | Feb 14, 2020 | 26 | Mar 23, 2020 | 84 | Jul 20, 2020 | 110 |
| -21.94% | Jan 4, 2022 | 201 | Oct 14, 2022 | 161 | Jun 2, 2023 | 362 |
| -20.8% | Aug 31, 2018 | 81 | Dec 24, 2018 | 36 | Feb 14, 2019 | 117 |
| -19.37% | Dec 2, 2015 | 47 | Feb 8, 2016 | 129 | Aug 9, 2016 | 176 |
| -16.63% | Jul 22, 2011 | 52 | Oct 4, 2011 | 74 | Jan 18, 2012 | 126 |
Volatility
Volatility Chart
The current Defensive Growth volatility is 4.55%, 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
| GSY.TO | ATD.TO | DOL.TO | CSU.TO | WSP.TO | VOO | |
|---|---|---|---|---|---|---|
| GSY.TO | 1.00 | 0.24 | 0.24 | 0.29 | 0.34 | 0.38 |
| ATD.TO | 0.24 | 1.00 | 0.36 | 0.31 | 0.31 | 0.36 |
| DOL.TO | 0.24 | 0.36 | 1.00 | 0.35 | 0.35 | 0.39 |
| CSU.TO | 0.29 | 0.31 | 0.35 | 1.00 | 0.35 | 0.44 |
| WSP.TO | 0.34 | 0.31 | 0.35 | 0.35 | 1.00 | 0.47 |
| VOO | 0.38 | 0.36 | 0.39 | 0.44 | 0.47 | 1.00 |