Denari_2023a
Asset Allocation
| Position | Category/Sector | Weight |
|---|---|---|
FLOT iShares Floating Rate Bond ETF | Corporate Bonds | 50% |
TFLO iShares Treasury Floating Rate Bond ETF | Government Bonds | 50% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Denari_2023a, 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 Feb 4, 2014, corresponding to the inception date of TFLO
Returns By Period
As of Sep 20, 2024, the Denari_2023a returned 4.32% Year-To-Date and 1.95% 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 | 19.79% | 2.08% | 9.01% | 29.79% | 13.85% | 11.12% |
| Denari_2023a | 4.32% | 0.45% | 2.75% | 5.90% | 2.65% | 1.95% |
| Portfolio components: | ||||||
FLOT iShares Floating Rate Bond ETF | 4.79% | 0.53% | 2.96% | 6.48% | 2.90% | 2.23% |
TFLO iShares Treasury Floating Rate Bond ETF | 3.85% | 0.37% | 2.54% | 5.33% | 2.38% | 1.66% |
Monthly Returns
The table below presents the monthly returns of Denari_2023a, 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 | 0.54% | 0.62% | 0.44% | 0.55% | 0.53% | 0.38% | 0.47% | 0.42% | 4.32% | ||||
| 2023 | 0.48% | 0.55% | -0.01% | 0.67% | 0.56% | 0.57% | 0.48% | 0.49% | 0.49% | 0.46% | 0.44% | 0.44% | 5.78% |
| 2022 | 0.01% | 0.01% | -0.11% | 0.12% | -0.14% | -0.36% | 0.45% | 0.27% | 0.15% | 0.22% | 0.49% | 0.52% | 1.63% |
| 2021 | 0.13% | 0.04% | -0.04% | -0.02% | 0.06% | 0.03% | 0.00% | 0.00% | 0.07% | -0.04% | -0.04% | 0.03% | 0.21% |
| 2020 | 0.26% | 0.03% | -2.04% | 1.39% | 0.39% | 0.39% | 0.12% | 0.07% | 0.05% | 0.00% | 0.08% | 0.01% | 0.72% |
| 2019 | 0.50% | 0.28% | 0.28% | 0.26% | 0.24% | 0.13% | 0.22% | 0.21% | 0.22% | 0.21% | 0.19% | 0.20% | 3.00% |
| 2018 | 0.26% | 0.10% | 0.06% | 0.24% | 0.19% | 0.12% | 0.20% | 0.25% | 0.14% | 0.16% | -0.04% | -0.05% | 1.62% |
| 2017 | 0.06% | 0.12% | 0.10% | 0.08% | 0.12% | 0.14% | 0.09% | 0.07% | 0.13% | 0.17% | 0.14% | 0.09% | 1.33% |
| 2016 | -0.34% | -0.06% | 0.24% | 0.15% | 0.05% | 0.15% | 0.08% | 0.14% | 0.07% | 0.06% | 0.05% | 0.16% | 0.74% |
| 2015 | 0.00% | 0.10% | 0.16% | 0.03% | 0.02% | -0.04% | -0.09% | -0.05% | -0.06% | 0.02% | 0.03% | 0.36% | 0.49% |
| 2014 | -0.02% | 0.05% | 0.01% | 0.01% | 0.07% | 0.10% | 0.01% | 0.06% | 0.04% | -0.16% | -0.12% | 0.07% |
Expense Ratio
Denari_2023a has an expense ratio of 0.18%, 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 Denari_2023a is 100, placing it in the top 0% 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 | |
|---|---|---|---|---|---|
FLOT iShares Floating Rate Bond ETF | 8.93 | 17.20 | 5.01 | 14.70 | 171.87 |
TFLO iShares Treasury Floating Rate Bond ETF | 15.27 | 57.77 | 14.66 | 135.38 | 894.99 |
Dividends
Dividend yield
Denari_2023a granted a 5.69% dividend yield in the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Denari_2023a | 5.69% | 5.27% | 1.87% | 0.21% | 0.81% | 2.43% | 2.03% | 1.16% | 0.64% | 0.34% | 0.26% | 0.24% |
| Portfolio components: | ||||||||||||
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% |
TFLO iShares Treasury Floating Rate Bond ETF | 5.43% | 4.88% | 1.68% | 0.00% | 0.36% | 2.08% | 1.65% | 0.86% | 0.31% | 0.15% | 0.08% | 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_2023a. 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_2023a was 6.74%, occurring on Mar 19, 2020. Recovery took 82 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -6.74% | Feb 26, 2020 | 17 | Mar 19, 2020 | 82 | Jul 16, 2020 | 99 |
| -2.63% | Oct 29, 2014 | 37 | Dec 19, 2014 | 256 | Dec 28, 2015 | 293 |
| -1.15% | Mar 10, 2023 | 4 | Mar 15, 2023 | 18 | Apr 11, 2023 | 22 |
| -0.74% | May 3, 2022 | 32 | Jun 16, 2022 | 37 | Aug 10, 2022 | 69 |
| -0.46% | Dec 29, 2015 | 33 | Feb 16, 2016 | 36 | Apr 7, 2016 | 69 |
Volatility
Volatility Chart
The current Denari_2023a volatility is 0.11%, 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
| FLOT | TFLO | |
|---|---|---|
| FLOT | 1.00 | 0.05 |
| TFLO | 0.05 | 1.00 |