te
Asset Allocation
| Position | Category/Sector | Weight |
|---|---|---|
0700.HK Tencent Holdings Ltd | Communication Services | 16% |
0883.HK CNOOC Ltd | Energy | 4.70% |
DXJ WisdomTree Japan Hedged Equity Fund | Japan Equities | 4% |
HESAY Hermes International SA | Consumer Cyclical | 5% |
LLY Eli Lilly and Company | Healthcare | 13% |
MITSY Mitsui & Company Ltd | Industrials | 4.60% |
MSFT Microsoft Corporation | Technology | 4% |
NVDA NVIDIA Corporation | Technology | 33% |
NVO Novo Nordisk A/S | Healthcare | 11% |
RHM.DE Rheinmetall AG | Industrials | 4.70% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in te, 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 Sep 1, 2009, corresponding to the inception date of HESAY
Returns By Period
As of Sep 17, 2024, the te returned 67.50% Year-To-Date and 40.63% 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 | 18.10% | 1.42% | 9.39% | 26.58% | 13.42% | 10.88% |
| te | 67.50% | -3.03% | 18.32% | 77.48% | 51.66% | 40.63% |
| Portfolio components: | ||||||
MSFT Microsoft Corporation | 15.33% | 3.08% | 2.73% | 32.07% | 25.52% | 25.94% |
NVDA NVIDIA Corporation | 135.86% | -6.25% | 30.65% | 165.69% | 89.72% | 71.85% |
LLY Eli Lilly and Company | 59.20% | 0.15% | 19.88% | 62.75% | 52.42% | 31.78% |
NVO Novo Nordisk A/S | 33.52% | 1.49% | 5.14% | 48.03% | 38.64% | 18.54% |
0700.HK Tencent Holdings Ltd | 29.99% | 1.40% | 34.23% | 22.44% | 2.98% | 11.84% |
0883.HK CNOOC Ltd | 52.37% | -6.90% | 12.04% | 44.39% | 18.54% | 10.13% |
HESAY Hermes International SA | 1.11% | -9.51% | -18.05% | 7.10% | 25.30% | 21.61% |
RHM.DE Rheinmetall AG | 83.89% | -7.09% | 9.90% | 105.60% | 37.63% | 29.21% |
MITSY Mitsui & Company Ltd | 11.16% | -2.82% | -6.98% | 10.01% | 25.17% | 16.86% |
DXJ WisdomTree Japan Hedged Equity Fund | 15.89% | -3.90% | -4.92% | 14.53% | 17.66% | 10.73% |
Monthly Returns
The table below presents the monthly returns of te, 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 | 11.40% | 16.96% | 10.44% | 1.00% | 11.41% | 6.84% | -5.10% | 5.37% | 67.50% | ||||
| 2023 | 15.87% | 4.88% | 14.96% | 1.99% | 10.59% | 8.73% | 5.33% | 4.34% | -5.99% | -1.51% | 10.08% | 0.69% | 93.27% |
| 2022 | -7.12% | 0.92% | 9.04% | -11.00% | 0.25% | -5.59% | 5.47% | -7.84% | -10.92% | 3.64% | 20.64% | -2.60% | -9.21% |
| 2021 | 6.52% | 3.24% | -4.34% | 6.39% | 5.92% | 10.86% | -2.05% | 6.92% | -4.83% | 12.84% | 8.68% | -1.95% | 57.50% |
| 2020 | 1.00% | 1.04% | -1.92% | 8.57% | 9.81% | 7.36% | 3.89% | 11.42% | -0.65% | -3.73% | 6.13% | 3.15% | 55.28% |
| 2019 | 7.13% | 3.95% | 8.63% | 0.86% | -13.22% | 10.47% | 0.26% | -1.56% | 2.71% | 6.14% | 4.04% | 8.05% | 41.50% |
| 2018 | 12.97% | -3.63% | -2.48% | -0.38% | 5.79% | -3.80% | 3.27% | 5.20% | 0.41% | -15.03% | -1.85% | -6.47% | -8.39% |
| 2017 | 4.23% | -1.16% | 4.42% | 1.64% | 14.88% | 1.50% | 6.70% | 4.35% | 3.99% | 7.08% | 2.59% | 0.26% | 62.58% |
| 2016 | -6.13% | -0.49% | 9.40% | 0.91% | 11.56% | 0.07% | 11.40% | 2.42% | 4.68% | -1.37% | 8.54% | 8.57% | 59.81% |
| 2015 | 1.35% | 7.88% | 1.48% | 6.54% | 0.95% | -3.77% | -0.27% | 1.55% | 2.00% | 9.28% | 5.24% | 1.79% | 38.88% |
| 2014 | 0.88% | 13.84% | -4.27% | -0.35% | 3.56% | 3.16% | -1.52% | 4.44% | -3.95% | 2.03% | 3.15% | -3.55% | 17.38% |
| 2013 | 5.29% | 1.07% | -1.51% | 5.13% | 3.67% | -3.66% | 6.02% | 1.98% | 6.13% | -0.14% | 3.58% | 3.03% | 34.58% |
Expense Ratio
te has an expense ratio of 0.02%, 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 te is 95, placing it in the top 5% 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 | |
|---|---|---|---|---|---|
MSFT Microsoft Corporation | 1.88 | 2.44 | 1.32 | 2.38 | 7.31 |
NVDA NVIDIA Corporation | 3.44 | 3.62 | 1.47 | 6.53 | 20.91 |
LLY Eli Lilly and Company | 2.28 | 3.07 | 1.41 | 3.64 | 13.73 |
NVO Novo Nordisk A/S | 1.70 | 2.47 | 1.31 | 2.74 | 9.51 |
0700.HK Tencent Holdings Ltd | 0.84 | 1.32 | 1.17 | 0.39 | 2.96 |
0883.HK CNOOC Ltd | 1.48 | 2.06 | 1.26 | 2.27 | 6.38 |
HESAY Hermes International SA | 0.70 | 1.14 | 1.14 | 0.77 | 2.14 |
RHM.DE Rheinmetall AG | 3.88 | 4.24 | 1.57 | 6.62 | 20.15 |
MITSY Mitsui & Company Ltd | 0.37 | 0.68 | 1.09 | 0.35 | 1.05 |
DXJ WisdomTree Japan Hedged Equity Fund | 0.75 | 1.06 | 1.15 | 0.69 | 2.83 |
Dividends
Dividend yield
te granted a 1.03% dividend yield in the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| te | 1.03% | 1.28% | 1.65% | 0.97% | 1.55% | 1.31% | 1.44% | 1.19% | 1.38% | 1.95% | 2.29% | 2.44% |
| Portfolio components: | ||||||||||||
MSFT Microsoft Corporation | 0.70% | 0.74% | 1.06% | 0.68% | 0.94% | 1.20% | 1.69% | 1.86% | 2.37% | 2.33% | 2.48% | 2.59% |
NVDA NVIDIA Corporation | 0.02% | 0.03% | 0.11% | 0.05% | 0.12% | 0.27% | 0.46% | 0.30% | 0.46% | 1.19% | 1.68% | 1.95% |
LLY Eli Lilly and Company | 0.54% | 0.78% | 1.07% | 1.23% | 1.75% | 1.96% | 1.94% | 2.46% | 2.77% | 2.37% | 2.84% | 3.84% |
NVO Novo Nordisk A/S | 0.75% | 0.18% | 0.21% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
0700.HK Tencent Holdings Ltd | 0.90% | 1.63% | 0.93% | 0.32% | 0.20% | 0.25% | 0.27% | 0.14% | 0.23% | 0.22% | 0.20% | 0.19% |
0883.HK CNOOC Ltd | 7.60% | 10.31% | 18.84% | 6.85% | 9.05% | 5.63% | 4.96% | 3.83% | 3.81% | 7.06% | 5.46% | 3.95% |
HESAY Hermes International SA | 1.27% | 0.65% | 0.58% | 0.31% | 0.82% | 0.69% | 0.90% | 0.76% | 0.90% | 2.60% | 1.01% | 0.90% |
RHM.DE Rheinmetall AG | 1.10% | 1.50% | 1.77% | 2.41% | 5.54% | 2.05% | 2.20% | 1.37% | 1.72% | 0.49% | 1.10% | 4.01% |
MITSY Mitsui & Company Ltd | 2.69% | 2.93% | 3.16% | 3.40% | 8.26% | 8.26% | 9.31% | 6.57% | 7.62% | 8.62% | 8.90% | 14.12% |
DXJ WisdomTree Japan Hedged Equity Fund | 2.42% | 3.44% | 3.02% | 2.64% | 2.53% | 2.47% | 2.92% | 2.30% | 1.98% | 5.95% | 11.61% | 2.44% |
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 te. 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 te was 31.54%, occurring on Oct 3, 2011. Recovery took 414 trading sessions.
The current te drawdown is 7.20%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -31.54% | Feb 21, 2011 | 160 | Oct 3, 2011 | 414 | May 10, 2013 | 574 |
| -31.38% | Nov 22, 2021 | 234 | Oct 14, 2022 | 73 | Jan 26, 2023 | 307 |
| -26.86% | Feb 20, 2020 | 18 | Mar 16, 2020 | 43 | May 15, 2020 | 61 |
| -25.99% | Oct 2, 2018 | 60 | Dec 24, 2018 | 232 | Nov 18, 2019 | 292 |
| -22.65% | Apr 16, 2010 | 98 | Aug 31, 2010 | 58 | Nov 19, 2010 | 156 |
Volatility
Volatility Chart
The current te volatility is 7.41%, 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
| MITSY | 0700.HK | 0883.HK | LLY | HESAY | RHM.DE | NVO | NVDA | MSFT | DXJ | |
|---|---|---|---|---|---|---|---|---|---|---|
| MITSY | 1.00 | 0.15 | 0.30 | 0.04 | 0.09 | 0.13 | 0.05 | 0.06 | 0.04 | 0.23 |
| 0700.HK | 0.15 | 1.00 | 0.39 | 0.04 | 0.18 | 0.18 | 0.09 | 0.13 | 0.12 | 0.15 |
| 0883.HK | 0.30 | 0.39 | 1.00 | 0.04 | 0.12 | 0.18 | 0.06 | 0.09 | 0.09 | 0.18 |
| LLY | 0.04 | 0.04 | 0.04 | 1.00 | 0.13 | 0.17 | 0.39 | 0.23 | 0.34 | 0.30 |
| HESAY | 0.09 | 0.18 | 0.12 | 0.13 | 1.00 | 0.29 | 0.24 | 0.18 | 0.24 | 0.24 |
| RHM.DE | 0.13 | 0.18 | 0.18 | 0.17 | 0.29 | 1.00 | 0.25 | 0.21 | 0.23 | 0.33 |
| NVO | 0.05 | 0.09 | 0.06 | 0.39 | 0.24 | 0.25 | 1.00 | 0.26 | 0.34 | 0.31 |
| NVDA | 0.06 | 0.13 | 0.09 | 0.23 | 0.18 | 0.21 | 0.26 | 1.00 | 0.54 | 0.39 |
| MSFT | 0.04 | 0.12 | 0.09 | 0.34 | 0.24 | 0.23 | 0.34 | 0.54 | 1.00 | 0.43 |
| DXJ | 0.23 | 0.15 | 0.18 | 0.30 | 0.24 | 0.33 | 0.31 | 0.39 | 0.43 | 1.00 |