Semiconductor Stocks Portfolio
This portfolio consists of 10 of the most prominent semiconductor companies. In recent years, the semiconductor industry has significantly outpaced the overall market. As a result, the demand for chip manufacturers' production remains historically high, positively affecting the companies' prices and financial performance.
Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
ADI Analog Devices, Inc. | Technology | 10% |
AMD Advanced Micro Devices, Inc. | Technology | 10% |
AVGO Broadcom Inc. | Technology | 10% |
INTC Intel Corporation | Technology | 10% |
MU Micron Technology, Inc. | Technology | 10% |
NVDA NVIDIA Corporation | Technology | 10% |
QCOM QUALCOMM Incorporated | Technology | 10% |
STM STMicroelectronics N.V. | Technology | 10% |
SWKS Skyworks Solutions, Inc. | Technology | 10% |
TXN Texas Instruments Incorporated | Technology | 10% |
Performance
Performance Chart
Loading data...
The earliest data available for this chart is Aug 6, 2009, corresponding to the inception date of AVGO
Returns By Period
As of May 11, 2025, the Semiconductor Stocks Portfolio returned -6.00% Year-To-Date and 25.26% of annualized return in the last 10 years.
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | -3.77% | 7.44% | -5.60% | 8.37% | 14.12% | 10.46% |
| Semiconductor Stocks Portfolio | -6.00% | 16.24% | -13.91% | -8.85% | 19.01% | 25.26% |
| Portfolio components: | ||||||
INTC Intel Corporation | 6.83% | 7.75% | -18.24% | -27.79% | -16.81% | -1.70% |
ADI Analog Devices, Inc. | -1.90% | 16.34% | -7.31% | 1.85% | 16.00% | 15.19% |
AVGO Broadcom Inc. | -9.92% | 20.84% | 14.02% | 58.12% | 53.95% | 36.26% |
NVDA NVIDIA Corporation | -13.13% | 8.44% | -20.97% | 29.82% | 71.04% | 72.60% |
QCOM QUALCOMM Incorporated | -4.98% | 8.02% | -14.15% | -18.67% | 15.04% | 10.81% |
AMD Advanced Micro Devices, Inc. | -14.86% | 15.94% | -30.49% | -32.31% | 13.08% | 45.95% |
STM STMicroelectronics N.V. | -3.81% | 26.41% | -9.08% | -40.17% | -0.09% | 13.22% |
TXN Texas Instruments Incorporated | -6.66% | 10.94% | -20.55% | -5.20% | 11.56% | 15.31% |
SWKS Skyworks Solutions, Inc. | -22.27% | 26.69% | -22.08% | -23.60% | -7.20% | -1.64% |
MU Micron Technology, Inc. | 2.15% | 22.57% | -23.07% | -28.86% | 12.79% | 12.48% |
Monthly Returns
The table below presents the monthly returns of Semiconductor Stocks Portfolio, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | -1.23% | -0.53% | -7.42% | -2.70% | 6.21% | -6.00% | |||||||
| 2024 | 0.52% | 8.38% | 6.08% | -6.31% | 9.50% | 4.05% | -4.30% | -3.74% | 0.40% | -4.48% | -0.66% | -1.24% | 6.90% |
| 2023 | 16.85% | 1.42% | 12.56% | -6.73% | 11.04% | 5.31% | 5.94% | -4.69% | -5.66% | -5.38% | 16.54% | 12.83% | 72.45% |
| 2022 | -9.04% | -1.26% | -0.30% | -14.21% | 5.72% | -17.22% | 14.89% | -9.81% | -13.81% | 4.31% | 16.20% | -9.23% | -33.94% |
| 2021 | 3.37% | 3.71% | 0.30% | -0.17% | 1.23% | 6.91% | 1.08% | 2.21% | -4.30% | 5.54% | 12.84% | 0.99% | 38.16% |
| 2020 | -1.40% | -3.94% | -10.99% | 15.61% | 5.77% | 6.61% | 6.32% | 9.23% | -0.37% | -2.28% | 16.15% | 4.06% | 50.17% |
| 2019 | 9.97% | 6.06% | 3.47% | 11.45% | -17.58% | 14.85% | 4.95% | -2.06% | 1.67% | 8.44% | 6.32% | 9.97% | 68.71% |
| 2018 | 9.45% | -0.19% | -4.07% | -4.01% | 14.24% | -2.98% | 2.54% | 6.33% | 2.20% | -14.77% | -0.27% | -6.54% | -1.31% |
| 2017 | 4.75% | 6.78% | 4.51% | -2.54% | 7.64% | -4.34% | 5.78% | 2.51% | 5.11% | 8.92% | 0.71% | -2.17% | 43.50% |
| 2016 | -10.15% | -0.60% | 10.48% | 0.48% | 11.46% | 2.55% | 13.48% | 6.28% | 3.86% | 1.42% | 9.88% | 7.48% | 70.04% |
| 2015 | -2.71% | 11.87% | -1.25% | -3.82% | 7.30% | -9.31% | -5.43% | -3.91% | -0.35% | 8.51% | 3.03% | 0.45% | 2.29% |
| 2014 | -0.91% | 8.74% | 3.58% | 2.36% | 4.50% | 3.72% | -3.07% | 7.26% | -2.01% | -2.03% | 7.55% | 0.74% | 33.91% |
Expense Ratio
Semiconductor Stocks Portfolio has an expense ratio of 0.00%, meaning no management fees are charged. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of Semiconductor Stocks Portfolio is 3, meaning it’s performing worse than 97% of other portfolios on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
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 | |
|---|---|---|---|---|---|
INTC Intel Corporation | -0.45 | -0.35 | 0.95 | -0.42 | -0.89 |
ADI Analog Devices, Inc. | 0.07 | 0.45 | 1.06 | 0.11 | 0.32 |
AVGO Broadcom Inc. | 0.99 | 1.73 | 1.23 | 1.50 | 4.15 |
NVDA NVIDIA Corporation | 0.53 | 1.05 | 1.13 | 0.78 | 1.94 |
QCOM QUALCOMM Incorporated | -0.42 | -0.32 | 0.96 | -0.40 | -0.69 |
AMD Advanced Micro Devices, Inc. | -0.62 | -0.74 | 0.91 | -0.53 | -1.13 |
STM STMicroelectronics N.V. | -0.77 | -1.03 | 0.87 | -0.61 | -1.07 |
TXN Texas Instruments Incorporated | -0.11 | 0.16 | 1.02 | -0.09 | -0.23 |
SWKS Skyworks Solutions, Inc. | -0.46 | -0.36 | 0.94 | -0.33 | -0.86 |
MU Micron Technology, Inc. | -0.43 | -0.27 | 0.97 | -0.48 | -0.80 |
Loading data...
Dividends
Dividend yield
Semiconductor Stocks Portfolio provided a 1.51% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 1.51% | 1.45% | 1.34% | 2.03% | 1.23% | 1.32% | 1.53% | 1.90% | 1.42% | 1.60% | 2.04% | 1.76% |
| Portfolio components: | ||||||||||||
INTC Intel Corporation | 0.58% | 1.87% | 1.47% | 5.52% | 2.70% | 2.65% | 2.11% | 2.56% | 2.33% | 2.87% | 2.79% | 2.48% |
ADI Analog Devices, Inc. | 1.81% | 1.73% | 1.73% | 1.85% | 1.57% | 1.68% | 1.82% | 2.24% | 2.02% | 2.31% | 2.89% | 2.67% |
AVGO Broadcom Inc. | 1.07% | 0.94% | 1.71% | 3.02% | 2.24% | 3.05% | 3.54% | 3.11% | 1.87% | 1.43% | 1.13% | 1.22% |
NVDA NVIDIA Corporation | 0.03% | 0.02% | 0.03% | 0.11% | 0.05% | 0.12% | 0.27% | 0.46% | 0.29% | 0.45% | 1.20% | 1.70% |
QCOM QUALCOMM Incorporated | 2.34% | 2.18% | 2.18% | 2.67% | 1.47% | 1.69% | 2.81% | 4.27% | 3.50% | 3.17% | 3.72% | 2.17% |
AMD Advanced Micro Devices, 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% |
STM STMicroelectronics N.V. | 1.50% | 1.32% | 0.48% | 0.82% | 0.45% | 0.50% | 0.86% | 1.47% | 0.93% | 2.10% | 5.11% | 4.55% |
TXN Texas Instruments Incorporated | 3.12% | 2.81% | 2.94% | 2.84% | 2.23% | 2.27% | 2.50% | 2.78% | 2.03% | 2.25% | 2.55% | 2.32% |
SWKS Skyworks Solutions, Inc. | 4.08% | 3.11% | 2.31% | 2.59% | 1.37% | 1.23% | 1.36% | 2.09% | 1.26% | 1.45% | 1.02% | 0.48% |
MU Micron Technology, Inc. | 0.54% | 0.55% | 0.54% | 0.89% | 0.21% | 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.
Loading data...
Worst Drawdowns
The table below displays the maximum drawdowns of the Semiconductor Stocks Portfolio. 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 Semiconductor Stocks Portfolio was 43.27%, occurring on Oct 14, 2022. Recovery took 276 trading sessions.
The current Semiconductor Stocks Portfolio drawdown is 24.15%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -43.27% | Dec 28, 2021 | 202 | Oct 14, 2022 | 276 | Nov 20, 2023 | 478 |
| -40.17% | Jul 11, 2024 | 187 | Apr 8, 2025 | — | — | — |
| -37.34% | Feb 18, 2011 | 157 | Oct 3, 2011 | 486 | Sep 9, 2013 | 643 |
| -36.77% | Feb 20, 2020 | 18 | Mar 16, 2020 | 57 | Jun 5, 2020 | 75 |
| -27.23% | Mar 23, 2015 | 226 | Feb 11, 2016 | 74 | May 27, 2016 | 300 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading data...
Diversification
Diversification Metrics
Number of Effective Assets
The portfolio contains 10 assets, with an effective number of assets of 10.00, reflecting the diversification based on asset allocation. This number of effective assets suggests that the portfolio's investments are spread across a variety of assets, indicating a well-diversified allocation. However, true diversification also depends on the correlations between assets.
Asset Correlations Table
| ^GSPC | AMD | INTC | MU | STM | NVDA | AVGO | QCOM | SWKS | TXN | ADI | Portfolio | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ^GSPC | 1.00 | 0.54 | 0.63 | 0.59 | 0.63 | 0.61 | 0.61 | 0.65 | 0.63 | 0.71 | 0.70 | 0.76 |
| AMD | 0.54 | 1.00 | 0.48 | 0.52 | 0.50 | 0.61 | 0.48 | 0.49 | 0.48 | 0.54 | 0.56 | 0.74 |
| INTC | 0.63 | 0.48 | 1.00 | 0.55 | 0.52 | 0.52 | 0.52 | 0.56 | 0.56 | 0.65 | 0.63 | 0.72 |
| MU | 0.59 | 0.52 | 0.55 | 1.00 | 0.53 | 0.58 | 0.54 | 0.54 | 0.58 | 0.60 | 0.61 | 0.77 |
| STM | 0.63 | 0.50 | 0.52 | 0.53 | 1.00 | 0.53 | 0.54 | 0.55 | 0.60 | 0.65 | 0.66 | 0.75 |
| NVDA | 0.61 | 0.61 | 0.52 | 0.58 | 0.53 | 1.00 | 0.56 | 0.55 | 0.56 | 0.61 | 0.60 | 0.78 |
| AVGO | 0.61 | 0.48 | 0.52 | 0.54 | 0.54 | 0.56 | 1.00 | 0.57 | 0.65 | 0.63 | 0.65 | 0.75 |
| QCOM | 0.65 | 0.49 | 0.56 | 0.54 | 0.55 | 0.55 | 0.57 | 1.00 | 0.61 | 0.64 | 0.64 | 0.75 |
| SWKS | 0.63 | 0.48 | 0.56 | 0.58 | 0.60 | 0.56 | 0.65 | 0.61 | 1.00 | 0.69 | 0.70 | 0.79 |
| TXN | 0.71 | 0.54 | 0.65 | 0.60 | 0.65 | 0.61 | 0.63 | 0.64 | 0.69 | 1.00 | 0.82 | 0.82 |
| ADI | 0.70 | 0.56 | 0.63 | 0.61 | 0.66 | 0.60 | 0.65 | 0.64 | 0.70 | 0.82 | 1.00 | 0.83 |
| Portfolio | 0.76 | 0.74 | 0.72 | 0.77 | 0.75 | 0.78 | 0.75 | 0.75 | 0.79 | 0.82 | 0.83 | 1.00 |
AI Insight on Diversification
The portfolio is moderately diversified within the semiconductor sector but exhibits relatively high correlations among its constituent stocks, indicating a level of concentration risk. Most individual positions show correlations ranging from about 0.48 to 0.83 with each other, which is fairly high and suggests that these stocks tend to move in the same direction under similar market conditions. This limits the benefits of diversification within the portfolio.
There are no pairs of stocks with very low correlations that would significantly enhance diversification; the lowest correlations hover around 0.48, which is still moderate. This means the portfolio lacks distinct, uncorrelated holdings that could buffer against sector-specific or market-wide downturns.
The portfolio's correlation with individual positions is quite high, ranging from 0.72 (INTC) up to 0.83 (ADI). This indicates that the portfolio's overall performance is heavily influenced by the movements of these individual stocks, particularly those with the highest correlations. Notably, ADI, TXN, and SWKS have some of the highest correlations with the portfolio (above 0.79), suggesting these positions have a dominant influence on the portfolio’s behavior.
Given these observations, the portfolio leans toward being concentrated rather than broadly diversified, as the holdings are tightly correlated and the portfolio’s performance is driven by a subset of dominant stocks. While it captures exposure to key semiconductor players, the lack of low-correlation assets within the portfolio means it may be more vulnerable to sector-specific risks and less insulated against volatility.