new 2024
Asset Allocation
Position | Category/Sector | Weight |
---|---|---|
QQQ Invesco QQQ | Large Cap Blend Equities | 33.33% |
SMH VanEck Vectors Semiconductor ETF | Technology Equities | 33.33% |
XLK Technology Select Sector SPDR Fund | Technology Equities | 33.33% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in new 2024, 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 May 5, 2000, corresponding to the inception date of SMH
Returns By Period
As of Jul 25, 2024, the new 2024 returned 21.17% Year-To-Date and 22.47% 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 | 13.20% | -1.28% | 10.32% | 18.23% | 12.31% | 10.58% |
new 2024 | 19.56% | -6.53% | 13.52% | 31.96% | 25.50% | 22.33% |
Portfolio components: | ||||||
SMH VanEck Vectors Semiconductor ETF | 35.28% | -9.33% | 25.65% | 51.14% | 34.52% | 28.88% |
XLK Technology Select Sector SPDR Fund | 11.34% | -5.60% | 6.22% | 22.60% | 22.16% | 19.93% |
QQQ Invesco QQQ | 12.23% | -4.60% | 8.45% | 22.52% | 19.44% | 17.85% |
Monthly Returns
The table below presents the monthly returns of new 2024, 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 | 3.60% | 8.08% | 2.87% | -4.99% | 8.52% | 7.57% | 19.56% | ||||||
2023 | 12.24% | 0.35% | 10.11% | -1.88% | 11.05% | 5.95% | 3.98% | -1.92% | -6.25% | -2.06% | 13.05% | 6.46% | 61.36% |
2022 | -8.80% | -4.01% | 2.87% | -13.14% | 1.32% | -11.69% | 14.14% | -6.98% | -12.07% | 4.62% | 10.65% | -8.68% | -30.93% |
2021 | 1.06% | 2.57% | 1.51% | 3.61% | 0.10% | 6.13% | 2.36% | 3.57% | -5.63% | 7.60% | 5.94% | 2.26% | 35.08% |
2020 | 1.44% | -5.85% | -9.02% | 14.29% | 6.41% | 7.18% | 7.27% | 9.41% | -3.91% | -2.55% | 14.01% | 5.56% | 49.84% |
2019 | 8.87% | 5.62% | 3.85% | 7.07% | -10.86% | 9.53% | 4.03% | -1.91% | 2.22% | 5.10% | 4.56% | 7.15% | 53.34% |
2018 | 8.23% | -0.56% | -3.31% | -2.09% | 7.53% | -1.07% | 2.67% | 5.08% | -0.85% | -9.60% | 0.39% | -7.76% | -2.95% |
2017 | 4.20% | 3.85% | 2.85% | 1.57% | 5.23% | -3.32% | 4.46% | 2.73% | 1.97% | 6.67% | 0.66% | 0.51% | 35.82% |
2016 | -5.77% | -0.27% | 8.32% | -4.32% | 5.90% | -1.15% | 8.55% | 2.19% | 3.11% | -1.31% | 1.57% | 1.96% | 19.17% |
2015 | -3.02% | 7.75% | -2.91% | 1.65% | 3.96% | -5.16% | 0.99% | -5.80% | -0.99% | 10.18% | 1.41% | -1.31% | 5.61% |
2014 | -2.49% | 5.19% | 0.71% | -0.71% | 3.99% | 3.91% | 0.46% | 4.75% | -0.81% | 1.63% | 5.78% | -1.26% | 22.83% |
2013 | 3.56% | 1.19% | 2.23% | 2.86% | 3.24% | -2.29% | 4.12% | -1.69% | 4.89% | 4.40% | 2.23% | 4.24% | 32.78% |
Expense Ratio
new 2024 has an expense ratio of 0.23%, 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 rank of new 2024 is 66, suggesting that the investment has average results relative to other portfolios in terms of risk-adjusted performance. This ranking is determined by the cumulative 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 | |
---|---|---|---|---|---|
SMH VanEck Vectors Semiconductor ETF | 1.79 | 2.36 | 1.30 | 3.28 | 8.79 |
XLK Technology Select Sector SPDR Fund | 1.11 | 1.55 | 1.20 | 1.88 | 5.32 |
QQQ Invesco QQQ | 1.35 | 1.87 | 1.24 | 1.58 | 6.75 |
Dividends
Dividend yield
new 2024 granted a 0.59% dividend yield in the last twelve months.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
new 2024 | 0.59% | 0.66% | 1.40% | 0.70% | 0.95% | 2.63% | 2.09% | 1.69% | 1.47% | 2.35% | 1.82% | 1.94% |
Portfolio components: | ||||||||||||
SMH VanEck Vectors Semiconductor ETF | 0.44% | 0.60% | 2.37% | 1.02% | 1.38% | 6.00% | 3.75% | 2.85% | 1.61% | 4.28% | 2.31% | 3.11% |
XLK Technology Select Sector SPDR Fund | 0.71% | 0.76% | 1.04% | 0.65% | 0.92% | 1.16% | 1.60% | 1.37% | 1.74% | 1.79% | 1.75% | 1.70% |
QQQ Invesco QQQ | 0.63% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.01% |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the new 2024. 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 new 2024 was 84.35%, occurring on Oct 9, 2002. Recovery took 3603 trading sessions.
The current new 2024 drawdown is 10.50%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-84.35% | Jun 5, 2000 | 593 | Oct 9, 2002 | 3603 | Jan 24, 2017 | 4196 |
-38.12% | Dec 28, 2021 | 202 | Oct 14, 2022 | 187 | Jul 17, 2023 | 389 |
-30.67% | Feb 20, 2020 | 22 | Mar 20, 2020 | 53 | Jun 5, 2020 | 75 |
-23.12% | Aug 30, 2018 | 80 | Dec 24, 2018 | 59 | Mar 21, 2019 | 139 |
-16.92% | May 8, 2000 | 12 | May 23, 2000 | 7 | Jun 2, 2000 | 19 |
Volatility
Volatility Chart
The current new 2024 volatility is 8.46%, 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
SMH | QQQ | XLK | |
---|---|---|---|
SMH | 1.00 | 0.83 | 0.85 |
QQQ | 0.83 | 1.00 | 0.94 |
XLK | 0.85 | 0.94 | 1.00 |