Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
CSCO Cisco Systems, Inc. | Technology | 10% |
MSFT Microsoft Corporation | Technology | 10% |
ORCL Oracle Corporation | Technology | 10% |
HPQ HP Inc. | Technology | 10% |
QCOM QUALCOMM Incorporated | Technology | 10% |
TXN Texas Instruments Incorporated | Technology | 10% |
AAPL Apple Inc | Technology | 10% |
IBM International Business Machines Corporation | Technology | 10% |
AVGO Broadcom Inc. | Technology | 10% |
KLAC KLA Corporation | Technology | 10% |
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Performance Chart
The chart shows the growth of an initial investment of $10,000 in Tech Stocks Dividend Portfolio, 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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Returns By Period
As of Jul 27, 2026, the Tech Stocks Dividend Portfolio returned 13.78% Year-To-Date and 23.80% of annualized return in the last 10 years.
| Position | 1D | 1M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | ALL TIME* |
|---|---|---|---|---|---|---|---|---|---|
Benchmark S&P 500 Index | 0.05% | 0.79% | 7.18% | 8.28% | 16.02% | 17.51% | 10.93% | 13.07% | 8.07% |
Portfolio Tech Stocks Dividend Portfolio | 0.02% | -2.76% | 15.95% | 13.78% | 22.94% | 25.96% | 21.04% | 23.80% | 20.81% |
| Portfolio components: | |||||||||
AAPL Apple Inc | 3.53% | 17.35% | 34.51% | 22.72% | 56.32% | 20.37% | 18.12% | 31.22% | 19.50% |
AVGO Broadcom Inc. | -2.69% | 4.63% | 19.77% | 10.76% | 32.58% | 62.78% | 54.08% | 40.54% | 40.63% |
CSCO Cisco Systems, Inc. | 1.25% | 0.73% | 54.47% | 50.38% | 69.65% | 32.11% | 18.91% | 17.40% | 23.53% |
HPQ HP Inc. | 5.06% | 12.54% | 36.32% | 18.88% | 5.42% | -4.19% | 1.91% | 9.80% | 8.35% |
IBM International Business Machines Corporation | 3.65% | -21.15% | -25.80% | -26.74% | -15.42% | 18.91% | 14.03% | 7.70% | 7.00% |
KLAC KLA Corporation | -3.75% | -15.33% | 39.52% | 73.70% | 134.87% | 66.70% | 47.17% | 41.53% | 22.98% |
MSFT Microsoft Corporation | 0.03% | 2.34% | -17.72% | -20.72% | -25.10% | 3.64% | 6.55% | 22.49% | 24.56% |
ORCL Oracle Corporation | -4.21% | -22.31% | -34.64% | -40.43% | -52.55% | 0.33% | 7.00% | 12.55% | 21.12% |
QCOM QUALCOMM Incorporated | -2.42% | -11.84% | 8.24% | -1.40% | 7.63% | 12.53% | 5.12% | 13.59% | 19.81% |
TXN Texas Instruments Incorporated | -1.90% | -2.05% | 46.31% | 63.03% | 55.37% | 17.93% | 11.39% | 17.80% | 11.22% |
Monthly Returns
Based on dividend-adjusted daily data since Aug 6, 2009, Tech Stocks Dividend Portfolio's average daily return is +0.08%, while the average monthly return is +1.74%. At this rate, an investment would double in approximately 3.3 years.
Historically, 63% of months were positive and 37% were negative. The best month was May 2026 with a return of +21.8%, while the worst month was May 2019 at -12.5%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 5 months.
On a daily basis, Tech Stocks Dividend Portfolio closed higher 55% of trading days. The best single day was Apr 9, 2025 with a return of +13.1%, while the worst single day was Mar 16, 2020 at -13.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -1.10% | -4.12% | -3.42% | 18.81% | 21.78% | -8.67% | -5.97% | 13.78% | |||||
| 2025 | 3.85% | -2.08% | -7.19% | -1.00% | 9.30% | 12.63% | -0.41% | 2.76% | 7.62% | 3.95% | -2.39% | -2.59% | 25.20% |
| 2024 | 2.10% | 3.63% | 3.93% | -4.64% | 10.17% | 6.30% | 1.12% | 1.95% | 3.57% | -3.43% | 2.85% | 1.40% | 32.05% |
| 2023 | 6.80% | -1.26% | 7.04% | -2.33% | 7.68% | 6.80% | 3.59% | -2.01% | -7.43% | 0.00% | 10.50% | 5.34% | 38.69% |
| 2022 | -5.94% | -4.70% | 4.04% | -8.07% | 2.18% | -8.73% | 10.31% | -6.37% | -11.43% | 10.05% | 10.10% | -6.00% | -16.70% |
| 2021 | 0.67% | 2.69% | 6.33% | 3.03% | -0.49% | 3.53% | 3.46% | 2.16% | -4.59% | 6.06% | 7.16% | 6.64% | 42.59% |
Benchmark Metrics
Tech Stocks Dividend Portfolio has an annualized alpha of 6.28%, beta of 1.15, and R2 of 0.80 versus S&P 500 Index. Calculated based on daily prices since August 06, 2009.
- This portfolio captured 142.86% of S&P 500 Index gains and 108.40% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- This portfolio generated an annualized alpha of 6.28% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Alpha
- 6.28%
- Beta
- 1.15
- R²
- 0.80
- Upside Capture
- 142.86%
- Downside Capture
- 108.40%
Expense Ratio
Tech Stocks Dividend Portfolio 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
Tech Stocks Dividend Portfolio ranks 21 for risk / return — below 21% of Portfolios on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below presents risk-adjusted performance metrics for Tech Stocks Dividend Portfolio and compares them with S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| Portfolio | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | 0.98 | 1.31 | -0.33 |
| Sortino ratioReturn per unit of downside risk | 1.43 | 1.84 | -0.41 |
| Omega ratioGain probability vs. loss probability | 1.18 | 1.24 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 1.36 | 1.82 | -0.46 |
| Martin ratioReturn relative to average drawdown | 3.10 | 7.79 | -4.70 |
How much return does each position deliver for the risk it carries? Higher values mean better reward for the risk taken.
| Position | Risk / Return Rank | Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio |
|---|---|---|---|---|---|---|
AAPL Apple Inc | 93 | 2.29 | 3.13 | 1.41 | 4.11 | 9.77 |
AVGO Broadcom Inc. | 68 | 0.71 | 1.26 | 1.16 | 1.17 | 2.37 |
CSCO Cisco Systems, Inc. | 92 | 2.18 | 2.73 | 1.39 | 4.63 | 11.59 |
HPQ HP Inc. | 50 | 0.13 | 0.53 | 1.06 | 0.15 | 0.25 |
IBM International Business Machines Corporation | 30 | -0.33 | -0.13 | 0.98 | -0.42 | -1.02 |
KLAC KLA Corporation | 92 | 2.34 | 2.62 | 1.37 | 4.33 | 13.77 |
MSFT Microsoft Corporation | 13 | -0.90 | -1.18 | 0.86 | -0.72 | -1.30 |
ORCL Oracle Corporation | 12 | -0.80 | -1.32 | 0.86 | -0.81 | -1.31 |
QCOM QUALCOMM Incorporated | 52 | 0.14 | 0.59 | 1.08 | 0.22 | 0.43 |
TXN Texas Instruments Incorporated | 82 | 1.32 | 2.15 | 1.27 | 2.21 | 4.92 |
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Dividends
Dividend yield
Tech Stocks Dividend Portfolio provided a 1.74% dividend yield over the last twelve months.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 1.74% | 1.82% | 1.81% | 2.11% | 2.47% | 1.87% | 2.27% | 2.54% | 2.97% | 2.37% | 2.54% | 15.25% |
| Portfolio components: | ||||||||||||
AAPL Apple Inc | 0.32% | 0.38% | 0.40% | 0.49% | 0.70% | 0.49% | 0.61% | 1.04% | 1.79% | 1.45% | 1.93% | 1.93% |
AVGO Broadcom Inc. | 0.67% | 0.70% | 0.94% | 1.71% | 3.02% | 2.24% | 3.05% | 3.54% | 3.11% | 1.87% | 1.43% | 1.13% |
CSCO Cisco Systems, Inc. | 1.45% | 2.12% | 2.69% | 3.07% | 3.17% | 2.32% | 3.20% | 2.88% | 2.95% | 2.95% | 3.28% | 3.02% |
HPQ HP Inc. | 4.62% | 5.24% | 3.42% | 3.53% | 3.77% | 2.21% | 2.94% | 3.20% | 2.83% | 2.56% | 3.40% | 129.70% |
IBM International Business Machines Corporation | 3.14% | 2.27% | 3.03% | 4.05% | 4.68% | 4.74% | 5.17% | 4.80% | 5.46% | 3.85% | 3.31% | 3.63% |
KLAC KLA Corporation | 0.38% | 0.61% | 0.96% | 0.92% | 1.25% | 0.91% | 1.35% | 1.74% | 3.17% | 2.15% | 2.67% | 2.94% |
MSFT Microsoft Corporation | 0.93% | 0.70% | 0.73% | 0.74% | 1.06% | 0.68% | 0.94% | 1.20% | 1.69% | 1.86% | 2.37% | 2.33% |
ORCL Oracle Corporation | 1.74% | 0.97% | 0.96% | 1.44% | 1.57% | 1.38% | 1.48% | 1.72% | 1.68% | 1.52% | 1.56% | 1.56% |
QCOM QUALCOMM Incorporated | 2.15% | 2.06% | 2.18% | 2.18% | 2.67% | 1.47% | 1.69% | 2.81% | 4.27% | 3.50% | 3.17% | 3.72% |
TXN Texas Instruments Incorporated | 2.01% | 3.17% | 2.81% | 2.94% | 2.84% | 2.23% | 2.27% | 2.50% | 2.78% | 2.03% | 2.25% | 2.55% |
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 Tech Stocks Dividend Portfolio. 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 Tech Stocks Dividend Portfolio was 31.66%, occurring on Mar 23, 2020. Recovery took 72 trading sessions.
The current Tech Stocks Dividend Portfolio drawdown is 16.96%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-31.66%Mar 2020 | 1mo 9d | 3mo 15d | 4mo 24dFeb 2020 - Jul 2020 | COVID crash2020 |
-29.21%Oct 2022 | 9mo 18d | 8mo 3d | 1y 5moDec 2021 - Jun 2023 | Bear market2022 |
-25.24%Apr 2025 | 1mo 16d | 2mo 5d | 3mo 21dFeb 2025 - Jun 2025 | 2025 selloff2025 |
-21.08%Aug 2011 | 5mo 28d | 5mo 4d | 11mo 2dFeb 2011 - Jan 2012 | — |
-20.95%Dec 2018 | 2mo 21d | 2mo 27d | 5mo 18dOct 2018 - Mar 2019 | Rate-hike selloffLate 2018 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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Diversification
AI Analysis
The gist
The portfolio is a clean bet on large-cap technology as a single macro trade, with some internal variety among software, hardware, semis, and IT services, but not much true independence.
The numbers
- 10/10 effective asset count says the weights are perfectly even; concentration is not the issue here.
- DR is 1.89 at 1Y, then 1.6, 1.48, 1.39, and 1.4; that is 87th to 68th percentile, which is genuinely strong for a portfolio that is still mostly one economic theme.
- Pair correlations run 0.36-0.70 with a mean of 0.48; the math says these are related businesses, not ten copies of the same stock.
The good
- The equal weighting is doing real work. It prevents the portfolio from becoming a disguised bet on one or two names inside the group.
- The mix spans Cisco Systems (CSCO), Microsoft (MSFT), Oracle (ORCL), HP (HPQ), Qualcomm (QCOM), Texas Instruments (TXN), Apple (AAPL), IBM, Broadcom (AVGO), and KLA (KLAC), so the earnings drivers are not identical.
- To be fair, the 1Y diversification ratio at 1.89 suggests the cluster has recently held together better than many single-sector portfolios do.
The bad
- The cluster map is still sectoral. AVGO-QCOM-KLAC-TXN move together, and CSCO-MSFT and IBM-CSCO pair off as their own little family reunions.
- The portfolio’s position-to-portfolio correlations of 0.61-0.78 say each holding is, in practice, fairly close to the portfolio itself.
The ugly
- If the market starts treating enterprise spend, handset demand, and semiconductor capex as one trade, the portfolio’s internal offsets get much thinner.
- A broad de-rating of mega-cap tech would be awkward here because the portfolio does not have much in the way of non-tech earnings drivers to lean on.
Next steps
- Portfolios with this correlation profile are often paired with exposures whose returns are driven by rates, commodities, or other non-tech cash-flow engines.
- The correlation structure would look more distinct if some holdings sat farther from the chip-and-platform cycle.
Diversification Metrics
Number of Effective Assets
The portfolio contains 10 assets, with an effective number of assets of 10.00, reflecting the diversification based on asset allocation. Your capital is spread almost evenly across your holdings, indicating a well-balanced allocation. Note that true diversification also depends on the correlations between assets — check the diversification ratio below.
Diversification Ratio
1Y | 3Y | 5Y | 10Y | All Time | |
|---|---|---|---|---|---|
Diversification Ratio | 1.89 | 1.60 | 1.48 | 1.39 | 1.40 |
The portfolio has a diversification ratio of 1.40, in line with the typical range across portfolios.
Tech Stocks Dividend Portfolio correlation to the S&P 500 Index
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.80 |
Correlation (3Y) Balances recent behavior with more history. | 0.83 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.87 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.86 |
Correlation (All Time) Calculated using the full available price history since Aug 6, 2009 | 0.85 |
Benchmark Correlations
Correlation vs. S&P 500 Index. MSFT has the highest benchmark correlation at 0.70, while HPQ has the lowest at 0.59.
Asset Correlations Table
| IBM | AAPL | HPQ | ORCL | AVGO | CSCO | MSFT | QCOM | KLAC | TXN | |
|---|---|---|---|---|---|---|---|---|---|---|
| IBM | 1.00 | 0.36 | 0.49 | 0.48 | 0.36 | 0.50 | 0.43 | 0.39 | 0.40 | 0.43 |
| AAPL | 0.36 | 1.00 | 0.40 | 0.39 | 0.46 | 0.45 | 0.52 | 0.48 | 0.46 | 0.48 |
| HPQ | 0.49 | 0.40 | 1.00 | 0.42 | 0.39 | 0.50 | 0.42 | 0.45 | 0.46 | 0.51 |
| ORCL | 0.48 | 0.39 | 0.42 | 1.00 | 0.44 | 0.49 | 0.54 | 0.44 | 0.44 | 0.45 |
| AVGO | 0.36 | 0.46 | 0.39 | 0.44 | 1.00 | 0.46 | 0.48 | 0.55 | 0.61 | 0.60 |
| CSCO | 0.50 | 0.45 | 0.50 | 0.49 | 0.46 | 1.00 | 0.50 | 0.46 | 0.49 | 0.52 |
| MSFT | 0.43 | 0.52 | 0.42 | 0.54 | 0.48 | 0.50 | 1.00 | 0.50 | 0.50 | 0.50 |
| QCOM | 0.39 | 0.48 | 0.45 | 0.44 | 0.55 | 0.46 | 0.50 | 1.00 | 0.59 | 0.63 |
| KLAC | 0.40 | 0.46 | 0.46 | 0.44 | 0.61 | 0.49 | 0.50 | 0.59 | 1.00 | 0.70 |
| TXN | 0.43 | 0.48 | 0.51 | 0.45 | 0.60 | 0.52 | 0.50 | 0.63 | 0.70 | 1.00 |
Find what Tech Stocks Dividend Portfolio is missing
See which holdings overlap, where Tech Stocks Dividend Portfolio is concentrated, and which low-correlation assets could fill the gaps.
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