Just Funds
Asset Allocation
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Just Funds, 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 Jun 11, 2021, corresponding to the inception date of SOXQ
Returns By Period
Year-To-Date | 1 month | 6 months | 1 year | 5 years (annualized) | 10 years (annualized) | |
---|---|---|---|---|---|---|
S&P 500 | 19.55% | 1.45% | 8.95% | 31.70% | 13.79% | 11.17% |
Just Funds | 20.53% | 0.53% | 8.66% | 36.00% | N/A | N/A |
Portfolio components: | ||||||
Schwab S&P 500 Index Fund | 20.75% | 1.58% | 9.68% | 33.59% | 15.62% | 13.17% |
Technology Select Sector SPDR Fund | 16.01% | -1.35% | 6.20% | 36.40% | 23.78% | 20.28% |
Invesco PHLX Semiconductor ETF | 20.53% | -4.75% | 2.40% | 51.07% | N/A | N/A |
Principal U.S. Mega-Cap ETF | 21.77% | 1.84% | 10.65% | 32.57% | 15.88% | N/A |
Monthly Returns
The table below presents the monthly returns of Just Funds, 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 | 2.13% | 5.99% | 2.52% | -4.29% | 5.29% | 5.38% | -0.48% | 2.19% | 20.53% | ||||
2023 | 7.59% | -1.26% | 5.98% | 0.34% | 3.68% | 6.27% | 3.52% | -1.70% | -5.17% | -2.44% | 10.33% | 5.24% | 36.07% |
2022 | -6.03% | -3.17% | 3.35% | -9.41% | 0.81% | -9.28% | 10.41% | -5.45% | -10.18% | 7.27% | 7.43% | -6.67% | -21.42% |
2021 | 2.15% | 2.51% | 2.92% | -4.60% | 6.94% | 1.29% | 4.41% | 16.27% |
Expense Ratio
Just Funds has an expense ratio of 0.06%, 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 Just Funds is 52, 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 | |
---|---|---|---|---|---|
Schwab S&P 500 Index Fund | 2.45 | 3.27 | 1.44 | 2.70 | 15.38 |
Technology Select Sector SPDR Fund | 1.60 | 2.14 | 1.28 | 2.02 | 7.25 |
Invesco PHLX Semiconductor ETF | 1.41 | 1.93 | 1.25 | 1.92 | 5.84 |
Principal U.S. Mega-Cap ETF | 2.42 | 3.23 | 1.44 | 3.35 | 15.04 |
Dividends
Dividend yield
Just Funds granted a 1.01% dividend yield in the last twelve months.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Just Funds | 1.01% | 1.26% | 1.58% | 1.19% | 1.41% | 1.63% | 2.10% | 1.12% | 1.49% | 1.81% | 1.12% | 1.05% |
Portfolio components: | ||||||||||||
Schwab S&P 500 Index Fund | 1.19% | 1.43% | 1.67% | 1.27% | 1.81% | 1.95% | 2.66% | 1.78% | 2.55% | 3.17% | 1.80% | 1.67% |
Technology Select Sector SPDR Fund | 0.52% | 0.76% | 1.04% | 0.65% | 0.92% | 1.16% | 1.60% | 1.37% | 1.74% | 1.79% | 1.75% | 1.70% |
Invesco PHLX Semiconductor ETF | 0.52% | 0.87% | 1.36% | 0.72% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Principal U.S. Mega-Cap ETF | 1.13% | 1.35% | 1.78% | 1.53% | 1.55% | 2.04% | 2.28% | 0.24% | 0.00% | 0.00% | 0.00% | 0.00% |
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 Just Funds. 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 Just Funds was 28.30%, occurring on Oct 12, 2022. Recovery took 198 trading sessions.
The current Just Funds drawdown is 1.71%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-28.3% | Jan 4, 2022 | 195 | Oct 12, 2022 | 198 | Jul 28, 2023 | 393 |
-11.21% | Jul 11, 2024 | 20 | Aug 7, 2024 | — | — | — |
-10.5% | Aug 1, 2023 | 63 | Oct 27, 2023 | 16 | Nov 20, 2023 | 79 |
-6.46% | Apr 2, 2024 | 14 | Apr 19, 2024 | 17 | May 14, 2024 | 31 |
-5.34% | Sep 7, 2021 | 20 | Oct 4, 2021 | 13 | Oct 21, 2021 | 33 |
Volatility
Volatility Chart
The current Just Funds volatility is 5.56%, 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
SOXQ | USMC | SWPPX | XLK | |
---|---|---|---|---|
SOXQ | 1.00 | 0.77 | 0.80 | 0.88 |
USMC | 0.77 | 1.00 | 0.95 | 0.90 |
SWPPX | 0.80 | 0.95 | 1.00 | 0.91 |
XLK | 0.88 | 0.90 | 0.91 | 1.00 |