EUROPE
Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
BMW.DE Bayerische Motoren Werke Aktiengesellschaft | Consumer Cyclical | 20% |
IBE.MC Iberdrola S.A. | Utilities | 20% |
NVO Novo Nordisk A/S | Healthcare | 20% |
RMS.PA Hermès International Société en commandite par actions | Consumer Cyclical | 20% |
SIE.DE Siemens Aktiengesellschaft | Industrials | 20% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in EUROPE, 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 every 3 months.
The earliest data available for this chart is Feb 1, 1994, corresponding to the inception date of SIE.DE
Returns By Period
As of Apr 26, 2025, the EUROPE returned -2.50% Year-To-Date and 14.71% of annualized return in the last 10 years.
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | -6.06% | -2.95% | -4.87% | 8.34% | 13.98% | 10.15% |
| EUROPE | -2.45% | -2.22% | -11.77% | -19.66% | 22.68% | 14.77% |
| Portfolio components: | ||||||
SIE.DE Siemens Aktiengesellschaft | 22.54% | -1.81% | 23.48% | 26.61% | 26.72% | 12.47% |
BMW.DE Bayerische Motoren Werke Aktiengesellschaft | 5.50% | 3.91% | 5.70% | -19.06% | 15.53% | 1.85% |
NVO Novo Nordisk A/S | -26.67% | -10.09% | -44.36% | -50.09% | 15.24% | 10.30% |
IBE.MC Iberdrola S.A. | 29.71% | 10.45% | 18.61% | 48.10% | 17.11% | 14.57% |
RMS.PA Hermès International Société en commandite par actions | 12.67% | 1.24% | 19.21% | 8.27% | 29.43% | 22.07% |
Monthly Returns
The table below presents the monthly returns of EUROPE, 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 | 8.15% | 3.82% | -12.42% | -0.80% | -2.45% | ||||||||
| 2024 | 4.54% | 10.18% | 4.65% | -2.76% | 2.40% | 1.44% | -5.46% | 6.59% | -6.22% | -6.86% | -3.87% | -4.89% | -2.00% |
| 2023 | 11.09% | -0.34% | 11.73% | 5.95% | -4.49% | 4.37% | 0.80% | 1.65% | -6.27% | 2.94% | 9.02% | 2.58% | 44.47% |
| 2022 | -11.77% | -2.36% | 3.78% | -4.90% | -2.39% | -4.45% | 11.56% | -6.71% | -6.81% | 9.22% | 18.87% | 2.12% | 1.94% |
| 2021 | -2.35% | 4.63% | 0.25% | 9.46% | 8.52% | 3.00% | 5.59% | 1.24% | -5.02% | 13.09% | 6.95% | -1.10% | 52.21% |
| 2020 | 1.26% | -6.06% | -1.28% | 5.87% | 8.94% | 1.43% | -0.07% | 4.40% | 2.16% | -0.92% | 7.48% | 6.95% | 33.35% |
| 2019 | 4.80% | 3.98% | 4.26% | 2.18% | -5.18% | 8.17% | -3.83% | 1.06% | 1.13% | 5.28% | 3.31% | 1.46% | 29.16% |
| 2018 | 4.71% | -5.78% | 2.38% | 2.57% | 3.64% | -7.31% | 5.57% | 0.10% | -1.49% | -10.27% | 0.38% | 0.72% | -6.00% |
| 2017 | 2.30% | 0.21% | 4.20% | 5.67% | 5.33% | 0.09% | 0.47% | 6.39% | -0.09% | 2.78% | 1.44% | 2.44% | 35.72% |
| 2016 | -4.35% | -4.37% | 6.79% | 2.00% | 0.19% | -2.57% | 9.72% | -7.79% | -6.10% | -5.69% | -2.33% | 4.57% | -11.00% |
| 2015 | 1.24% | 3.21% | 7.77% | 4.17% | 0.42% | -3.26% | 4.62% | -7.17% | -1.47% | 3.83% | -0.33% | 0.98% | 13.95% |
| 2014 | -2.99% | 10.29% | 1.51% | 1.00% | -1.77% | 5.43% | -3.59% | -0.59% | -4.01% | -2.01% | 4.34% | -2.39% | 4.31% |
Expense Ratio
EUROPE 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 EUROPE is 1, meaning it’s performing worse than 99% 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 | |
|---|---|---|---|---|---|
SIE.DE Siemens Aktiengesellschaft | 0.76 | 1.28 | 1.16 | 0.97 | 3.06 |
BMW.DE Bayerische Motoren Werke Aktiengesellschaft | -0.49 | -0.49 | 0.94 | -0.41 | -0.83 |
NVO Novo Nordisk A/S | -1.18 | -1.74 | 0.77 | -0.81 | -1.60 |
IBE.MC Iberdrola S.A. | 2.35 | 2.97 | 1.43 | 3.66 | 8.72 |
RMS.PA Hermès International Société en commandite par actions | 0.35 | 0.71 | 1.09 | 0.47 | 1.16 |
Dividends
Dividend yield
EUROPE provided a 3.46% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 3.46% | 3.30% | 3.37% | 3.18% | 2.03% | 2.52% | 3.01% | 3.67% | 3.05% | 3.25% | 2.21% | 2.88% |
| Portfolio components: | ||||||||||||
SIE.DE Siemens Aktiengesellschaft | 2.51% | 2.49% | 2.50% | 3.09% | 2.29% | 3.32% | 3.62% | 4.21% | 3.44% | 3.32% | 4.07% | 3.55% |
BMW.DE Bayerische Motoren Werke Aktiengesellschaft | 7.86% | 7.60% | 8.43% | 6.96% | 2.15% | 3.46% | 4.79% | 5.66% | 4.03% | 3.61% | 2.97% | 2.90% |
NVO Novo Nordisk A/S | 2.60% | 1.68% | 1.00% | 1.20% | 1.34% | 1.86% | 2.14% | 2.47% | 2.12% | 3.93% | 1.31% | 1.96% |
IBE.MC Iberdrola S.A. | 3.77% | 4.16% | 4.22% | 4.11% | 4.05% | 3.42% | 3.82% | 4.65% | 4.83% | 4.51% | 1.74% | 5.06% |
RMS.PA Hermès International Société en commandite par actions | 0.57% | 0.58% | 0.68% | 0.55% | 0.30% | 0.52% | 0.68% | 1.34% | 0.84% | 0.86% | 0.95% | 0.92% |
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 EUROPE. 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 EUROPE was 49.89%, occurring on Mar 9, 2009. Recovery took 361 trading sessions.
The current EUROPE drawdown is 23.70%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -49.89% | May 20, 2008 | 208 | Mar 9, 2009 | 361 | Aug 2, 2010 | 569 |
| -35.02% | Sep 5, 2000 | 271 | Sep 21, 2001 | 504 | Sep 5, 2003 | 775 |
| -30.59% | Jun 26, 2024 | 202 | Apr 7, 2025 | — | — | — |
| -29.85% | Nov 22, 2021 | 220 | Sep 26, 2022 | 57 | Dec 14, 2022 | 277 |
| -24.56% | Jan 20, 2020 | 43 | Mar 18, 2020 | 50 | May 28, 2020 | 93 |
Volatility
Volatility Chart
The current EUROPE volatility is 9.86%, 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
Diversification Metrics
Number of Effective Assets
The portfolio contains 5 assets, with an effective number of assets of 5.00, reflecting the diversification based on asset allocation. This number of effective assets indicates a moderate level of diversification, where some assets may have a more significant influence on overall performance.
Asset Correlations Table
| ^GSPC | NVO | IBE.MC | RMS.PA | BMW.DE | SIE.DE | Portfolio | |
|---|---|---|---|---|---|---|---|
| ^GSPC | 1.00 | 0.35 | 0.29 | 0.27 | 0.37 | 0.44 | 0.46 |
| NVO | 0.35 | 1.00 | 0.22 | 0.22 | 0.21 | 0.23 | 0.61 |
| IBE.MC | 0.29 | 0.22 | 1.00 | 0.35 | 0.39 | 0.43 | 0.51 |
| RMS.PA | 0.27 | 0.22 | 0.35 | 1.00 | 0.40 | 0.43 | 0.74 |
| BMW.DE | 0.37 | 0.21 | 0.39 | 0.40 | 1.00 | 0.57 | 0.60 |
| SIE.DE | 0.44 | 0.23 | 0.43 | 0.43 | 0.57 | 1.00 | 0.68 |
| Portfolio | 0.46 | 0.61 | 0.51 | 0.74 | 0.60 | 0.68 | 1.00 |