Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
ASML ASML Holding N.V. | Technology | 14.29% |
AZN AstraZeneca PLC | Healthcare | 14.29% |
RHHBY Roche Holding AG | Healthcare | 14.29% |
SAP SAP SE | Technology | 14.29% |
SHEL Shell plc | Energy | 14.29% |
SIEGY Siemens Aktiengesellschaft | Industrials | 14.29% |
TSM Taiwan Semiconductor Manufacturing Company Limited | Technology | 14.29% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Ex US, 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.
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The earliest data available for this chart is May 16, 2014, corresponding to the inception date of SIEGY
Returns By Period
As of Apr 4, 2026, the Ex US returned 5.23% Year-To-Date and 19.90% of annualized return in the last 10 years.
| 1D | 1M | YTD | 6M | 1Y | 3Y* | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|---|---|
Benchmark S&P 500 Index | 0.11% | -4.18% | -3.84% | -1.98% | 21.98% | 16.86% | 10.37% | 12.29% |
Portfolio Ex US | -0.57% | -3.94% | 5.23% | 8.41% | 41.82% | 26.09% | 18.44% | 19.90% |
| Portfolio components: | ||||||||
ASML ASML Holding N.V. | -3.13% | -5.87% | 23.29% | 28.01% | 113.73% | 26.32% | 16.83% | 30.54% |
TSM Taiwan Semiconductor Manufacturing Company Limited | -0.72% | -4.88% | 11.88% | 16.66% | 118.04% | 56.27% | 24.16% | 32.63% |
RHHBY Roche Holding AG | -1.09% | -11.12% | -0.28% | 13.53% | 28.50% | 15.61% | 7.66% | 8.10% |
AZN AstraZeneca PLC | 1.37% | 0.97% | 12.99% | 21.76% | 41.50% | 15.99% | 18.18% | 16.94% |
SAP SAP SE | 0.24% | -12.17% | -29.29% | -36.51% | -34.45% | 12.19% | 8.09% | 9.54% |
SHEL Shell plc | 1.16% | 12.58% | 27.88% | 29.58% | 38.80% | 20.18% | 24.80% | 11.74% |
SIEGY Siemens Aktiengesellschaft | -1.61% | -9.91% | -10.20% | -11.30% | 16.05% | 17.70% | 10.73% | 13.21% |
Monthly Returns
Based on dividend-adjusted daily data since May 19, 2014, Ex US's average daily return is +0.07%, while the average monthly return is +1.35%. At this rate, your investment would double in approximately 4.3 years.
Historically, 63% of months were positive and 37% were negative. The best month was Nov 2022 with a return of +17.9%, while the worst month was Jun 2022 at -11.0%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 3 months.
On a daily basis, Ex US closed higher 54% of trading days. The best single day was Mar 24, 2020 with a return of +9.2%, while the worst single day was Mar 16, 2020 at -11.3%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 6.95% | 6.12% | -7.93% | 0.70% | 5.23% | ||||||||
| 2025 | 8.69% | 1.59% | -0.88% | -0.69% | 5.77% | 5.53% | -1.51% | 3.41% | 5.64% | 4.00% | 2.02% | 2.59% | 42.07% |
| 2024 | 3.22% | 5.62% | 3.25% | -0.82% | 5.30% | 5.12% | 1.39% | 3.20% | -2.83% | -2.94% | -2.09% | 0.42% | 19.90% |
| 2023 | 10.45% | -2.73% | 5.64% | 2.15% | 2.47% | 1.59% | 0.38% | -4.43% | -4.60% | -1.83% | 11.65% | 5.53% | 27.75% |
| 2022 | -2.86% | -3.70% | 2.70% | -8.03% | 2.73% | -11.04% | 6.05% | -6.62% | -8.48% | 7.79% | 17.86% | -5.04% | -11.71% |
| 2021 | 4.22% | 2.16% | 0.97% | 3.34% | 3.16% | 3.23% | 1.20% | 4.13% | -3.24% | 4.47% | -4.48% | 5.08% | 26.51% |
Benchmark Metrics
Ex US has an annualized alpha of 5.85%, beta of 0.93, and R² of 0.67 versus S&P 500 Index. Calculated based on daily prices since May 19, 2014.
- This portfolio captured 112.45% of S&P 500 Index gains but only 90.39% of its losses — a favorable profile for investors.
- This portfolio generated an annualized alpha of 5.85% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
- With beta of 0.93 and R² of 0.67, this portfolio moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 5.85%
- Beta
- 0.93
- R²
- 0.67
- Upside Capture
- 112.45%
- Downside Capture
- 90.39%
Expense Ratio
Ex US 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.
Return for Risk
Risk / Return Rank
Ex US ranks 76 for risk / return — better than 76% of portfolios on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
| Portfolio | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.73 | 0.88 | +0.85 |
Sortino ratioReturn per unit of downside risk | 2.43 | 1.37 | +1.07 |
Omega ratioGain probability vs. loss probability | 1.33 | 1.21 | +0.12 |
Calmar ratioReturn relative to maximum drawdown | 2.66 | 1.39 | +1.27 |
Martin ratioReturn relative to average drawdown | 10.47 | 6.43 | +4.04 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
How much return does each position deliver for the risk it carries? Higher values mean better reward for the risk taken.
| Risk / Return Rank | Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|---|
ASML ASML Holding N.V. | 92 | 2.37 | 2.97 | 1.38 | 5.58 | 15.42 |
TSM Taiwan Semiconductor Manufacturing Company Limited | 93 | 2.64 | 3.23 | 1.41 | 5.70 | 18.99 |
RHHBY Roche Holding AG | 70 | 1.07 | 1.69 | 1.21 | 1.30 | 4.25 |
AZN AstraZeneca PLC | 84 | 1.66 | 2.36 | 1.31 | 3.46 | 8.67 |
SAP SAP SE | 6 | -1.11 | -1.51 | 0.80 | -0.76 | -1.73 |
SHEL Shell plc | 76 | 1.37 | 1.81 | 1.26 | 1.83 | 6.59 |
SIEGY Siemens Aktiengesellschaft | 46 | 0.22 | 0.53 | 1.07 | 0.37 | 1.21 |
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Dividends
Dividend yield
Ex US provided a 2.09% dividend yield over the last twelve months.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 2.09% | 1.89% | 2.33% | 2.28% | 2.44% | 1.88% | 3.48% | 2.76% | 3.25% | 2.94% | 3.63% | 3.20% |
| Portfolio components: | ||||||||||||
ASML ASML Holding N.V. | 0.71% | 0.97% | 0.97% | 0.86% | 1.27% | 0.50% | 0.50% | 1.40% | 0.94% | 0.64% | 0.92% | 0.73% |
TSM Taiwan Semiconductor Manufacturing Company Limited | 0.98% | 1.00% | 1.18% | 1.78% | 2.49% | 1.57% | 1.56% | 3.46% | 3.64% | 2.32% | 2.61% | 2.54% |
RHHBY Roche Holding AG | 3.20% | 2.69% | 3.87% | 3.55% | 3.23% | 1.57% | 1.66% | 1.70% | 3.58% | 3.25% | 3.57% | 2.91% |
AZN AstraZeneca PLC | 2.62% | 1.70% | 2.27% | 2.15% | 2.12% | 2.35% | 2.80% | 2.81% | 3.69% | 3.95% | 5.01% | 4.06% |
SAP SAP SE | 1.48% | 1.05% | 0.97% | 1.41% | 2.05% | 1.56% | 1.31% | 1.27% | 1.73% | 0.87% | 1.08% | 1.11% |
SHEL Shell plc | 3.11% | 3.90% | 4.39% | 3.76% | 3.48% | 3.78% | 5.69% | 6.27% | 6.27% | 2.75% | 6.49% | 8.17% |
SIEGY Siemens Aktiengesellschaft | 2.57% | 1.94% | 2.64% | 2.43% | 2.42% | 1.81% | 10.83% | 2.44% | 2.86% | 6.82% | 5.76% | 2.87% |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Ex US. 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 Ex US was 33.59%, occurring on Mar 18, 2020. Recovery took 75 trading sessions.
The current Ex US drawdown is 8.01%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -33.59% | Jan 21, 2020 | 41 | Mar 18, 2020 | 75 | Jul 6, 2020 | 116 |
| -29.93% | Nov 10, 2021 | 220 | Sep 26, 2022 | 153 | May 5, 2023 | 373 |
| -20.53% | Jul 7, 2014 | 311 | Sep 28, 2015 | 208 | Jul 26, 2016 | 519 |
| -17.52% | Mar 19, 2025 | 15 | Apr 8, 2025 | 28 | May 19, 2025 | 43 |
| -16.44% | Aug 30, 2018 | 80 | Dec 24, 2018 | 71 | Apr 8, 2019 | 151 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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Diversification
Diversification Metrics
Number of Effective Assets
The portfolio contains 7 assets, with an effective number of assets of 7.00, 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
| Benchmark | SHEL | AZN | RHHBY | TSM | SAP | SIEGY | ASML | Portfolio | |
|---|---|---|---|---|---|---|---|---|---|
| Benchmark | 1.00 | 0.41 | 0.35 | 0.35 | 0.59 | 0.60 | 0.59 | 0.66 | 0.75 |
| SHEL | 0.41 | 1.00 | 0.22 | 0.21 | 0.28 | 0.27 | 0.39 | 0.29 | 0.53 |
| AZN | 0.35 | 0.22 | 1.00 | 0.47 | 0.21 | 0.32 | 0.29 | 0.28 | 0.52 |
| RHHBY | 0.35 | 0.21 | 0.47 | 1.00 | 0.21 | 0.34 | 0.29 | 0.29 | 0.52 |
| TSM | 0.59 | 0.28 | 0.21 | 0.21 | 1.00 | 0.44 | 0.43 | 0.64 | 0.72 |
| SAP | 0.60 | 0.27 | 0.32 | 0.34 | 0.44 | 1.00 | 0.57 | 0.55 | 0.72 |
| SIEGY | 0.59 | 0.39 | 0.29 | 0.29 | 0.43 | 0.57 | 1.00 | 0.53 | 0.73 |
| ASML | 0.66 | 0.29 | 0.28 | 0.29 | 0.64 | 0.55 | 0.53 | 1.00 | 0.79 |
| Portfolio | 0.75 | 0.53 | 0.52 | 0.52 | 0.72 | 0.72 | 0.73 | 0.79 | 1.00 |