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new 2024

Last updated Mar 2, 2024

Asset Allocation


SMH 33.33%XLK 33.33%QQQ 33.33%EquityEquity
PositionCategory/SectorWeight
SMH
VanEck Vectors Semiconductor ETF
Technology Equities

33.33%

XLK
Technology Select Sector SPDR Fund
Technology Equities

33.33%

QQQ
Invesco QQQ
Large Cap Blend Equities

33.33%

S&P 500

Performance

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


200.00%250.00%300.00%350.00%400.00%OctoberNovemberDecember2024FebruaryMarch
422.30%
258.58%
new 2024
Benchmark (^GSPC)
Portfolio components

The earliest data available for this chart is May 5, 2000, corresponding to the inception date of SMH

Returns

As of Mar 2, 2024, the new 2024 returned 14.70% Year-To-Date and 22.91% of annualized return in the last 10 years.


Year-To-Date1 month6 months1 year5 years (annualized)10 years (annualized)
^GSPC
S&P 500
7.70%6.01%13.76%29.03%12.89%10.63%
new 202414.70%7.81%26.68%60.55%28.08%22.87%
SMH
VanEck Vectors Semiconductor ETF
26.12%15.33%42.03%81.15%36.74%29.24%
XLK
Technology Select Sector SPDR Fund
9.50%4.21%20.13%51.70%25.72%20.84%
QQQ
Invesco QQQ
8.81%3.87%18.48%49.72%21.50%18.26%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20243.60%8.05%
2023-1.92%-6.25%-2.06%13.05%6.46%

Sharpe Ratio

The current new 2024 Sharpe ratio is 3.30. A Sharpe ratio of 3.0 or higher is considered excellent.

0.002.004.003.30

The Sharpe ratio of new 2024 is in the top 25%, it signifies superior risk-adjusted performance. This means that for the level of risk undertaken, the portfolio is generating impressive returns compared to most others.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00OctoberNovemberDecember2024FebruaryMarch
3.30
2.44
new 2024
Benchmark (^GSPC)
Portfolio components

Dividend yield

new 2024 granted a 0.58% dividend yield in the last twelve months.


TTM20232022202120202019201820172016201520142013
new 20240.58%0.66%1.40%0.70%0.95%2.63%2.09%1.69%1.47%2.35%1.82%1.94%
SMH
VanEck Vectors Semiconductor ETF
0.47%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
0.69%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
0.57%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%1.01%

Expense Ratio

The new 2024 has a high expense ratio of 0.23%, indicating higher-than-average management fees. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.


0.50%1.00%1.50%2.00%0.35%
0.50%1.00%1.50%2.00%0.20%
0.50%1.00%1.50%2.00%0.13%

Risk-Adjusted Performance

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 ratioSortino ratioOmega ratioCalmar ratioUlcer Index
^GSPC
S&P 500
2.44
new 2024
3.30
SMH
VanEck Vectors Semiconductor ETF
3.14
XLK
Technology Select Sector SPDR Fund
3.19
QQQ
Invesco QQQ
3.28

Asset Correlations Table

The table below displays the correlation coefficients between the individual components of the portfolio, the entire portfolio, and the chosen benchmark.

SMHQQQXLK
SMH1.000.830.85
QQQ0.831.000.94
XLK0.850.941.00

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-15.00%-10.00%-5.00%0.00%OctoberNovemberDecember2024FebruaryMarch00
new 2024
Benchmark (^GSPC)
Portfolio components

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.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-84.35%Jun 5, 2000593Oct 9, 20023603Jan 24, 20174196
-38.12%Dec 28, 2021202Oct 14, 2022187Jul 17, 2023389
-30.67%Feb 20, 202022Mar 20, 202053Jun 5, 202075
-23.12%Aug 30, 201880Dec 24, 201859Mar 21, 2019139
-16.92%May 8, 200012May 23, 20007Jun 2, 200019

Volatility Chart

The current new 2024 volatility is 6.42%, 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.


2.00%3.00%4.00%5.00%6.00%7.00%OctoberNovemberDecember2024FebruaryMarch
6.42%
3.47%
new 2024
Benchmark (^GSPC)
Portfolio components
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