Alpha Monthly
Asset Allocation
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Alpha Monthly, 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.
The earliest data available for this chart is Jun 10, 2021, corresponding to the inception date of MNDY
Returns By Period
YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
---|---|---|---|---|---|---|
S&P 500 | -0.77% | -3.55% | 3.64% | 22.00% | 12.20% | 11.23% |
Alpha Monthly | 0.84% | -5.78% | -13.25% | 41.28% | N/A | N/A |
Portfolio components: | ||||||
1.97% | -14.73% | -64.56% | -8.47% | N/A | N/A | |
NVIDIA Corporation | -0.79% | -0.76% | 5.45% | 143.59% | 85.66% | 75.87% |
AppFolio, Inc. | -1.69% | -6.42% | -8.34% | 33.95% | 14.81% | N/A |
Deckers Outdoor Corporation | 0.74% | -0.99% | 34.47% | 73.71% | 48.94% | 30.49% |
Saia, Inc. | 1.57% | -12.44% | -9.14% | 5.23% | 36.93% | 25.02% |
ASML Holding N.V. | 4.95% | 1.23% | -31.62% | 2.81% | 20.54% | 22.87% |
monday.com Ltd. | -9.53% | -22.00% | -10.19% | 11.69% | N/A | N/A |
0.00% | 0.00% | 0.00% | 54.86% | N/A | N/A | |
Fabrinet | 0.86% | -10.53% | -16.47% | 17.46% | 27.42% | 29.29% |
Eagle Materials Inc. | -2.95% | -12.30% | -2.35% | 18.49% | 22.12% | 13.16% |
W.W. Grainger, Inc. | 2.08% | -5.83% | 9.31% | 28.79% | 27.72% | 18.18% |
AppLovin Corporation | -2.52% | -2.71% | 264.82% | 656.84% | N/A | N/A |
Arista Networks, Inc. | 1.91% | 0.24% | 25.77% | 78.77% | 53.48% | 39.66% |
Onto Innovation Inc. | 14.54% | 14.26% | -19.80% | 32.36% | 38.33% | 28.59% |
1.35% | -1.49% | 21.80% | 59.37% | N/A | N/A | |
MercadoLibre, Inc. | 2.33% | -4.60% | 1.14% | 4.91% | 21.49% | 30.98% |
Comfort Systems USA, Inc. | 3.56% | -5.01% | 33.30% | 116.72% | 56.41% | 40.25% |
-2.90% | -8.42% | -28.54% | 5.90% | N/A | N/A | |
Dynatrace, Inc. | -7.07% | -7.17% | 14.54% | -10.20% | 12.98% | N/A |
MongoDB, Inc. | 3.17% | -10.11% | -7.00% | -38.66% | 9.57% | N/A |
Fortive Corporation | 1.45% | -1.00% | -3.38% | 6.30% | 3.57% | N/A |
Amazon.com, Inc. | -0.42% | -3.96% | 13.18% | 41.29% | 18.68% | 31.24% |
ServiceNow, Inc. | -4.19% | -9.40% | 33.51% | 39.30% | 27.34% | 31.97% |
0.88% | 1.54% | 5.41% | 30.69% | N/A | N/A | |
3.45% | -13.20% | 14.33% | 56.92% | N/A | N/A |
Monthly Returns
The table below presents the monthly returns of Alpha Monthly, 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 | 22.86% | 28.08% | 7.63% | -9.98% | 3.14% | 4.17% | -5.81% | -7.31% | 2.53% | -4.23% | 11.46% | -5.92% | 47.26% |
2023 | 9.35% | 6.08% | 6.02% | 2.00% | 18.57% | 10.26% | 8.16% | -0.88% | -4.87% | -3.14% | 13.36% | 5.07% | 92.93% |
2022 | -13.67% | -3.89% | 1.40% | -14.73% | -1.93% | -8.19% | 18.60% | -0.41% | -9.54% | 11.74% | 9.24% | -8.08% | -22.57% |
2021 | 3.57% | 1.32% | 8.37% | -4.76% | 10.22% | -0.19% | 2.07% | 21.61% |
Expense Ratio
Alpha Monthly has an expense ratio of 0.00%, indicating no management fees are charged. 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 Alpha Monthly is 21, meaning it’s performing worse than 79% of other portfolios on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
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 | |
---|---|---|---|---|---|
-0.08 | 0.80 | 1.10 | -0.11 | -0.19 | |
NVIDIA Corporation | 2.75 | 3.15 | 1.39 | 5.37 | 16.34 |
AppFolio, Inc. | 0.81 | 1.70 | 1.22 | 1.30 | 3.25 |
Deckers Outdoor Corporation | 1.96 | 2.89 | 1.36 | 3.31 | 7.28 |
Saia, Inc. | 0.12 | 0.53 | 1.08 | 0.16 | 0.27 |
ASML Holding N.V. | 0.05 | 0.37 | 1.05 | 0.05 | 0.10 |
monday.com Ltd. | 0.21 | 0.68 | 1.09 | 0.18 | 0.89 |
2.74 | 6.26 | 2.57 | 1.71 | 48.00 | |
Fabrinet | 0.36 | 0.85 | 1.11 | 0.70 | 1.46 |
Eagle Materials Inc. | 0.54 | 0.95 | 1.11 | 0.67 | 1.62 |
W.W. Grainger, Inc. | 1.40 | 2.20 | 1.26 | 2.08 | 4.58 |
AppLovin Corporation | 8.60 | 6.85 | 1.90 | 10.52 | 87.78 |
Arista Networks, Inc. | 1.99 | 2.53 | 1.33 | 4.06 | 11.77 |
Onto Innovation Inc. | 0.65 | 1.17 | 1.16 | 1.04 | 2.17 |
2.49 | 3.49 | 1.41 | 5.74 | 19.26 | |
MercadoLibre, Inc. | 0.23 | 0.57 | 1.08 | 0.29 | 0.80 |
Comfort Systems USA, Inc. | 2.61 | 2.95 | 1.41 | 7.36 | 17.06 |
0.16 | 0.48 | 1.07 | 0.19 | 0.48 | |
Dynatrace, Inc. | -0.27 | -0.20 | 0.98 | -0.16 | -0.42 |
MongoDB, Inc. | -0.69 | -0.78 | 0.90 | -0.62 | -0.98 |
Fortive Corporation | 0.29 | 0.54 | 1.07 | 0.29 | 0.55 |
Amazon.com, Inc. | 1.51 | 2.11 | 1.27 | 2.16 | 6.97 |
ServiceNow, Inc. | 1.25 | 1.79 | 1.25 | 2.02 | 6.58 |
1.39 | 1.88 | 1.24 | 2.70 | 6.02 | |
1.35 | 2.18 | 1.26 | 2.78 | 5.25 |
Dividends
Dividend yield
Alpha Monthly provided a 0.40% dividend yield over the last twelve months.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Portfolio | 0.40% | 0.40% | 0.33% | 0.53% | 0.20% | 0.20% | 0.71% | 0.69% | 0.57% | 1.06% | 0.31% | 0.90% |
Portfolio components: | ||||||||||||
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |
NVIDIA Corporation | 0.03% | 0.03% | 0.03% | 0.11% | 0.05% | 0.12% | 0.27% | 0.46% | 0.29% | 0.45% | 1.20% | 1.70% |
AppFolio, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Deckers Outdoor Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Saia, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ASML Holding N.V. | 0.92% | 0.97% | 0.85% | 1.27% | 0.50% | 0.59% | 1.20% | 1.10% | 0.75% | 1.02% | 0.91% | 0.77% |
monday.com Ltd. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |
Fabrinet | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Eagle Materials Inc. | 0.42% | 0.41% | 0.49% | 0.75% | 0.45% | 0.10% | 0.44% | 0.66% | 0.35% | 0.41% | 0.66% | 0.53% |
W.W. Grainger, Inc. | 0.74% | 0.76% | 0.88% | 1.22% | 1.23% | 1.45% | 1.68% | 1.90% | 2.14% | 2.08% | 2.27% | 1.64% |
AppLovin Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Arista Networks, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Onto Innovation Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
0.96% | 0.97% | 1.41% | 2.58% | 1.56% | 1.31% | 1.27% | 1.73% | 1.18% | 1.52% | 1.50% | 3.39% | |
MercadoLibre, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.19% | 0.38% | 0.36% | 0.52% |
Comfort Systems USA, Inc. | 0.27% | 0.28% | 0.41% | 0.49% | 0.49% | 0.81% | 0.79% | 0.76% | 0.68% | 0.83% | 0.88% | 1.31% |
0.36% | 0.34% | 0.32% | 3.43% | 0.36% | 0.38% | 0.46% | 10.19% | 0.36% | 9.80% | 0.00% | 0.00% | |
Dynatrace, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MongoDB, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Fortive Corporation | 0.42% | 0.43% | 0.39% | 0.44% | 0.37% | 0.35% | 0.37% | 0.41% | 0.39% | 0.26% | 0.00% | 0.00% |
Amazon.com, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ServiceNow, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
5.87% | 5.92% | 3.46% | 2.94% | 0.00% | 0.00% | 11.16% | 0.00% | 8.01% | 9.64% | 0.00% | 12.73% | |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 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 Alpha Monthly. 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 Alpha Monthly was 42.29%, occurring on Jun 16, 2022. Recovery took 236 trading sessions.
The current Alpha Monthly drawdown is 16.96%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-42.29% | Nov 10, 2021 | 151 | Jun 16, 2022 | 236 | May 25, 2023 | 387 |
-27.41% | Mar 8, 2024 | 126 | Sep 6, 2024 | — | — | — |
-14.12% | Aug 8, 2023 | 57 | Oct 26, 2023 | 13 | Nov 14, 2023 | 70 |
-12.04% | Feb 16, 2024 | 3 | Feb 21, 2024 | 7 | Mar 1, 2024 | 10 |
-8.49% | Sep 7, 2021 | 20 | Oct 4, 2021 | 18 | Oct 28, 2021 | 38 |
Volatility
Volatility Chart
The current Alpha Monthly volatility is 7.95%, 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
SWAV | SMCI | GWW | WING | APPF | SAIA | MNDY | DECK | FIX | APP | FN | SAP | XPO | TDG | MELI | DT | EXP | MDB | FTV | AMZN | ANET | ONTO | NVDA | ASML | NOW | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWAV | 1.00 | 0.20 | 0.20 | 0.30 | 0.34 | 0.24 | 0.29 | 0.26 | 0.29 | 0.29 | 0.26 | 0.26 | 0.25 | 0.30 | 0.38 | 0.37 | 0.28 | 0.34 | 0.30 | 0.32 | 0.31 | 0.31 | 0.30 | 0.33 | 0.34 |
SMCI | 0.20 | 1.00 | 0.24 | 0.26 | 0.29 | 0.28 | 0.30 | 0.35 | 0.40 | 0.33 | 0.47 | 0.33 | 0.33 | 0.33 | 0.30 | 0.28 | 0.37 | 0.33 | 0.33 | 0.33 | 0.47 | 0.49 | 0.48 | 0.47 | 0.35 |
GWW | 0.20 | 0.24 | 1.00 | 0.30 | 0.30 | 0.44 | 0.25 | 0.36 | 0.56 | 0.28 | 0.40 | 0.36 | 0.43 | 0.47 | 0.31 | 0.32 | 0.58 | 0.27 | 0.59 | 0.32 | 0.38 | 0.38 | 0.29 | 0.36 | 0.37 |
WING | 0.30 | 0.26 | 0.30 | 1.00 | 0.38 | 0.34 | 0.38 | 0.43 | 0.37 | 0.43 | 0.32 | 0.36 | 0.38 | 0.40 | 0.40 | 0.43 | 0.36 | 0.41 | 0.38 | 0.43 | 0.41 | 0.40 | 0.44 | 0.41 | 0.46 |
APPF | 0.34 | 0.29 | 0.30 | 0.38 | 1.00 | 0.33 | 0.44 | 0.38 | 0.36 | 0.44 | 0.36 | 0.42 | 0.34 | 0.41 | 0.43 | 0.50 | 0.38 | 0.46 | 0.41 | 0.44 | 0.44 | 0.39 | 0.42 | 0.39 | 0.53 |
SAIA | 0.24 | 0.28 | 0.44 | 0.34 | 0.33 | 1.00 | 0.35 | 0.40 | 0.45 | 0.35 | 0.41 | 0.37 | 0.72 | 0.44 | 0.39 | 0.37 | 0.51 | 0.37 | 0.49 | 0.38 | 0.40 | 0.44 | 0.40 | 0.44 | 0.42 |
MNDY | 0.29 | 0.30 | 0.25 | 0.38 | 0.44 | 0.35 | 1.00 | 0.39 | 0.30 | 0.50 | 0.37 | 0.41 | 0.33 | 0.33 | 0.48 | 0.55 | 0.33 | 0.62 | 0.36 | 0.51 | 0.46 | 0.39 | 0.49 | 0.44 | 0.59 |
DECK | 0.26 | 0.35 | 0.36 | 0.43 | 0.38 | 0.40 | 0.39 | 1.00 | 0.44 | 0.40 | 0.44 | 0.38 | 0.44 | 0.46 | 0.44 | 0.45 | 0.44 | 0.44 | 0.49 | 0.46 | 0.46 | 0.47 | 0.45 | 0.47 | 0.47 |
FIX | 0.29 | 0.40 | 0.56 | 0.37 | 0.36 | 0.45 | 0.30 | 0.44 | 1.00 | 0.38 | 0.53 | 0.40 | 0.47 | 0.52 | 0.38 | 0.32 | 0.62 | 0.33 | 0.55 | 0.38 | 0.50 | 0.52 | 0.41 | 0.45 | 0.39 |
APP | 0.29 | 0.33 | 0.28 | 0.43 | 0.44 | 0.35 | 0.50 | 0.40 | 0.38 | 1.00 | 0.37 | 0.43 | 0.39 | 0.38 | 0.47 | 0.50 | 0.38 | 0.56 | 0.40 | 0.54 | 0.48 | 0.44 | 0.53 | 0.48 | 0.57 |
FN | 0.26 | 0.47 | 0.40 | 0.32 | 0.36 | 0.41 | 0.37 | 0.44 | 0.53 | 0.37 | 1.00 | 0.43 | 0.43 | 0.42 | 0.36 | 0.36 | 0.48 | 0.39 | 0.49 | 0.41 | 0.56 | 0.60 | 0.50 | 0.55 | 0.42 |
SAP | 0.26 | 0.33 | 0.36 | 0.36 | 0.42 | 0.37 | 0.41 | 0.38 | 0.40 | 0.43 | 0.43 | 1.00 | 0.39 | 0.45 | 0.43 | 0.45 | 0.45 | 0.42 | 0.47 | 0.52 | 0.45 | 0.48 | 0.49 | 0.62 | 0.56 |
XPO | 0.25 | 0.33 | 0.43 | 0.38 | 0.34 | 0.72 | 0.33 | 0.44 | 0.47 | 0.39 | 0.43 | 0.39 | 1.00 | 0.48 | 0.40 | 0.39 | 0.58 | 0.40 | 0.53 | 0.44 | 0.43 | 0.49 | 0.47 | 0.47 | 0.45 |
TDG | 0.30 | 0.33 | 0.47 | 0.40 | 0.41 | 0.44 | 0.33 | 0.46 | 0.52 | 0.38 | 0.42 | 0.45 | 0.48 | 1.00 | 0.45 | 0.41 | 0.55 | 0.34 | 0.57 | 0.43 | 0.46 | 0.48 | 0.45 | 0.49 | 0.44 |
MELI | 0.38 | 0.30 | 0.31 | 0.40 | 0.43 | 0.39 | 0.48 | 0.44 | 0.38 | 0.47 | 0.36 | 0.43 | 0.40 | 0.45 | 1.00 | 0.50 | 0.42 | 0.52 | 0.46 | 0.55 | 0.47 | 0.44 | 0.50 | 0.49 | 0.57 |
DT | 0.37 | 0.28 | 0.32 | 0.43 | 0.50 | 0.37 | 0.55 | 0.45 | 0.32 | 0.50 | 0.36 | 0.45 | 0.39 | 0.41 | 0.50 | 1.00 | 0.41 | 0.65 | 0.45 | 0.54 | 0.47 | 0.42 | 0.48 | 0.47 | 0.68 |
EXP | 0.28 | 0.37 | 0.58 | 0.36 | 0.38 | 0.51 | 0.33 | 0.44 | 0.62 | 0.38 | 0.48 | 0.45 | 0.58 | 0.55 | 0.42 | 0.41 | 1.00 | 0.38 | 0.63 | 0.40 | 0.43 | 0.49 | 0.44 | 0.47 | 0.43 |
MDB | 0.34 | 0.33 | 0.27 | 0.41 | 0.46 | 0.37 | 0.62 | 0.44 | 0.33 | 0.56 | 0.39 | 0.42 | 0.40 | 0.34 | 0.52 | 0.65 | 0.38 | 1.00 | 0.38 | 0.61 | 0.52 | 0.46 | 0.53 | 0.48 | 0.70 |
FTV | 0.30 | 0.33 | 0.59 | 0.38 | 0.41 | 0.49 | 0.36 | 0.49 | 0.55 | 0.40 | 0.49 | 0.47 | 0.53 | 0.57 | 0.46 | 0.45 | 0.63 | 0.38 | 1.00 | 0.42 | 0.44 | 0.52 | 0.42 | 0.52 | 0.46 |
AMZN | 0.32 | 0.33 | 0.32 | 0.43 | 0.44 | 0.38 | 0.51 | 0.46 | 0.38 | 0.54 | 0.41 | 0.52 | 0.44 | 0.43 | 0.55 | 0.54 | 0.40 | 0.61 | 0.42 | 1.00 | 0.57 | 0.48 | 0.59 | 0.57 | 0.64 |
ANET | 0.31 | 0.47 | 0.38 | 0.41 | 0.44 | 0.40 | 0.46 | 0.46 | 0.50 | 0.48 | 0.56 | 0.45 | 0.43 | 0.46 | 0.47 | 0.47 | 0.43 | 0.52 | 0.44 | 0.57 | 1.00 | 0.58 | 0.64 | 0.59 | 0.62 |
ONTO | 0.31 | 0.49 | 0.38 | 0.40 | 0.39 | 0.44 | 0.39 | 0.47 | 0.52 | 0.44 | 0.60 | 0.48 | 0.49 | 0.48 | 0.44 | 0.42 | 0.49 | 0.46 | 0.52 | 0.48 | 0.58 | 1.00 | 0.65 | 0.73 | 0.50 |
NVDA | 0.30 | 0.48 | 0.29 | 0.44 | 0.42 | 0.40 | 0.49 | 0.45 | 0.41 | 0.53 | 0.50 | 0.49 | 0.47 | 0.45 | 0.50 | 0.48 | 0.44 | 0.53 | 0.42 | 0.59 | 0.64 | 0.65 | 1.00 | 0.69 | 0.60 |
ASML | 0.33 | 0.47 | 0.36 | 0.41 | 0.39 | 0.44 | 0.44 | 0.47 | 0.45 | 0.48 | 0.55 | 0.62 | 0.47 | 0.49 | 0.49 | 0.47 | 0.47 | 0.48 | 0.52 | 0.57 | 0.59 | 0.73 | 0.69 | 1.00 | 0.58 |
NOW | 0.34 | 0.35 | 0.37 | 0.46 | 0.53 | 0.42 | 0.59 | 0.47 | 0.39 | 0.57 | 0.42 | 0.56 | 0.45 | 0.44 | 0.57 | 0.68 | 0.43 | 0.70 | 0.46 | 0.64 | 0.62 | 0.50 | 0.60 | 0.58 | 1.00 |