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Alpha Monthly
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Alpha Monthly

Last updated Jul 25, 2024

Asset Allocation

SMCI 4%NVDA 4%APPF 4%DECK 4%SAIA 4%ASML 4%MNDY 4%SWAV 4%FN 4%EXP 4%GWW 4%APP 4%ANET 4%ONTO 4%SAP 4%MELI 4%FIX 4%WING 4%DT 4%MDB 4%FTV 4%AMZN 4%NOW 4%TDG 4%XPO 4%EquityEquity
PositionCategory/SectorWeight
AMZN
Amazon.com, Inc.		Consumer Cyclical

4%

ANET
Arista Networks, Inc.		Technology

4%

APP
AppLovin Corporation		Technology

4%

APPF
AppFolio, Inc.		Technology

4%

ASML
ASML Holding N.V.		Technology

4%

DECK
Deckers Outdoor Corporation		Consumer Cyclical

4%

DT
Dynatrace, Inc.		Technology

4%

EXP
Eagle Materials Inc.		Basic Materials

4%

FIX
Comfort Systems USA, Inc.		Industrials

4%

FN
Fabrinet		Technology

4%

FTV
Fortive Corporation		Technology

4%

GWW
W.W. Grainger, Inc.		Industrials

4%

MDB
MongoDB, Inc.		Technology

4%

MELI
MercadoLibre, Inc.		Consumer Cyclical

4%

MNDY
monday.com Ltd.		Technology

4%

NOW
ServiceNow, Inc.		Technology

4%

NVDA
NVIDIA Corporation		Technology

4%

ONTO
Onto Innovation Inc.		Technology

4%

SAIA
Saia, Inc.		Industrials

4%

SAP
SAP SE		Technology

4%

SMCI

4%

SWAV

4%

TDG

4%

WING

4%

XPO

4%

S&P 500

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 Quarterly

0.00%50.00%100.00%150.00%FebruaryMarchAprilMayJuneJuly
145.14%
27.36%
Alpha Monthly
Benchmark (^GSPC)
Portfolio components

The earliest data available for this chart is Jun 10, 2021, corresponding to the inception date of MNDY

Returns By Period

Year-To-Date1 month6 months1 year5 years (annualized)10 years (annualized)
^GSPC
S&P 500		13.20%-1.28%10.32%18.23%12.31%10.58%
Alpha Monthly35.66%-2.75%21.55%57.37%N/AN/A
Portfolio components:
SMCI
144.71%-16.31%46.71%112.50%N/AN/A
NVDA
NVIDIA Corporation		126.76%-11.17%84.00%144.69%91.87%74.99%
APPF
AppFolio, Inc.		49.54%8.08%15.83%47.35%19.67%N/A
DECK
Deckers Outdoor Corporation		25.89%-14.24%9.60%56.70%39.57%25.00%
SAIA
Saia, Inc.		11.61%5.26%8.65%19.06%48.30%27.24%
ASML
ASML Holding N.V.		14.40%-15.15%-0.21%22.87%31.43%27.42%
MNDY
monday.com Ltd.		25.71%2.87%13.17%34.68%N/AN/A
SWAV
75.67%0.00%47.41%25.52%N/AN/A
FN
Fabrinet		13.72%-11.05%3.54%70.98%31.81%27.58%
EXP
Eagle Materials Inc.		16.41%9.81%9.36%29.18%22.11%10.11%
GWW
W.W. Grainger, Inc.		15.61%4.99%8.47%32.87%27.91%16.87%
APP
AppLovin Corporation		91.14%-5.36%71.94%154.07%N/AN/A
ANET
Arista Networks, Inc.		33.38%-6.15%18.80%95.12%35.81%34.88%
ONTO
Onto Innovation Inc.		23.70%-12.26%17.84%61.24%40.09%27.76%
SAP
SAP SE		38.08%6.15%22.90%59.21%12.68%11.94%
MELI
MercadoLibre, Inc.		3.41%-3.20%-9.50%38.91%19.99%33.57%
FIX
Comfort Systems USA, Inc.		42.28%-6.81%41.13%77.38%48.76%35.27%
WING
40.61%-14.73%32.07%102.02%N/AN/A
DT
Dynatrace, Inc.		-20.04%-0.05%-24.94%-19.26%N/AN/A
MDB
MongoDB, Inc.		-37.32%6.54%-35.17%-36.50%10.17%N/A
FTV
Fortive Corporation		-4.75%-4.22%-5.19%-7.95%1.73%N/A
AMZN
Amazon.com, Inc.		18.37%-7.11%13.03%40.23%13.14%27.42%
NOW
ServiceNow, Inc.		17.31%9.93%7.71%48.03%23.49%30.46%
TDG
21.43%-5.57%13.48%42.68%N/AN/A
XPO
31.18%9.38%32.24%62.82%N/AN/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.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
202412.36%17.35%4.45%-6.96%6.05%3.63%35.66%
202312.24%4.16%6.17%2.81%14.85%10.16%4.63%3.23%-5.66%-1.69%13.83%4.68%92.67%
2022-13.00%-3.41%1.17%-14.44%-1.64%-8.44%18.77%-1.96%-9.03%10.05%8.74%-7.59%-23.25%
20213.62%1.27%7.55%-4.80%10.43%0.18%2.82%22.20%

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.

The portfolio doesn't hold funds that charge fees

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of Alpha Monthly is 90, placing it in the top 10% of portfolios on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.

The Risk-Adjusted Performance Rank of Alpha Monthly is 9090
Alpha Monthly
The Sharpe Ratio Rank of Alpha Monthly is 9090Sharpe Ratio Rank
The Sortino Ratio Rank of Alpha Monthly is 8888Sortino Ratio Rank
The Omega Ratio Rank of Alpha Monthly is 8787Omega Ratio Rank
The Calmar Ratio Rank of Alpha Monthly is 9494Calmar Ratio Rank
The Martin Ratio Rank of Alpha Monthly is 9090Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.

Alpha Monthly
Sharpe ratio
The chart of Sharpe ratio for Alpha Monthly, currently valued at 2.42, compared to the broader market-1.000.001.002.003.004.002.42
Sortino ratio
The chart of Sortino ratio for Alpha Monthly, currently valued at 3.15, compared to the broader market-2.000.002.004.006.003.15
Omega ratio
The chart of Omega ratio for Alpha Monthly, currently valued at 1.39, compared to the broader market0.801.001.201.401.601.801.39
Calmar ratio
The chart of Calmar ratio for Alpha Monthly, currently valued at 4.67, compared to the broader market0.002.004.006.008.004.67
Martin ratio
The chart of Martin ratio for Alpha Monthly, currently valued at 14.79, compared to the broader market0.0010.0020.0030.0040.0014.79
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 1.58, compared to the broader market-1.000.001.002.003.004.001.58
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 2.22, compared to the broader market-2.000.002.004.006.002.22
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.28, compared to the broader market0.801.001.201.401.601.801.28
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.29, compared to the broader market0.002.004.006.008.001.29
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 5.98, compared to the broader market0.0010.0020.0030.0040.005.98
Portfolio components
Sharpe ratioSortino ratioOmega ratioCalmar ratioMartin ratio
SMCI
1.222.101.282.815.06
NVDA
NVIDIA Corporation		3.133.591.457.3720.15
APPF
AppFolio, Inc.		0.902.061.231.854.91
DECK
Deckers Outdoor Corporation		1.332.401.292.236.42
SAIA
Saia, Inc.		0.540.971.140.621.53
ASML
ASML Holding N.V.		0.731.171.150.772.74
MNDY
monday.com Ltd.		0.711.381.160.492.90
SWAV
0.581.021.170.501.26
FN
Fabrinet		1.342.191.302.607.38
EXP
Eagle Materials Inc.		0.831.261.161.012.30
GWW
W.W. Grainger, Inc.		1.221.761.231.743.90
APP
AppLovin Corporation		2.773.791.452.2321.18
ANET
Arista Networks, Inc.		1.822.641.354.0413.84
ONTO
Onto Innovation Inc.		1.532.161.273.289.23
SAP
SAP SE		2.513.371.424.9615.43
MELI
MercadoLibre, Inc.		1.051.731.200.933.50
FIX
Comfort Systems USA, Inc.		1.872.581.343.8811.35
WING
2.733.111.423.1317.10
DT
Dynatrace, Inc.		-0.62-0.660.91-0.40-1.02
MDB
MongoDB, Inc.		-0.76-0.880.88-0.62-1.48
FTV
Fortive Corporation		-0.23-0.160.98-0.28-0.53
AMZN
Amazon.com, Inc.		1.412.151.261.097.87
NOW
ServiceNow, Inc.		1.261.731.251.736.10
TDG
1.962.871.343.8110.10
XPO
1.682.741.323.307.69

Sharpe Ratio

The current Alpha Monthly Sharpe ratio is 2.47. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Compared to the broad market, where average Sharpe ratios range from 1.24 to 1.94, this portfolio's current Sharpe ratio is in the top 25%, it signifies superior risk-adjusted performance. This means that for the level of risk undertaken, the portfolio is generating impressive returns compared to most others.

Use the chart below to compare the Sharpe ratio of Alpha Monthly with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio1.002.003.004.005.006.00FebruaryMarchAprilMayJuneJuly
2.42
1.58
Alpha Monthly
Benchmark (^GSPC)
Portfolio components

Dividends

Dividend yield

Alpha Monthly granted a 0.28% dividend yield in the last twelve months.

TTM20232022202120202019201820172016201520142013
Alpha Monthly0.28%0.33%0.53%0.20%0.35%0.70%0.69%0.57%1.06%0.31%0.90%0.85%
Portfolio components:
SMCI
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
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%
APPF
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%
DECK
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
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
ASML Holding N.V.		0.76%0.85%1.27%0.50%0.59%1.20%1.10%0.75%1.02%0.91%0.78%0.75%
MNDY
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%
SWAV
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
FN
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%
EXP
Eagle Materials Inc.		0.42%0.49%0.75%0.45%0.10%0.44%0.66%0.35%0.41%0.66%0.53%0.52%
GWW
W.W. Grainger, Inc.		0.80%0.88%1.22%1.23%1.45%1.68%1.90%2.14%2.08%2.27%1.64%1.41%
APP
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%
ANET
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
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%
SAP
SAP SE		1.13%1.41%2.58%1.56%1.31%1.27%1.73%1.18%1.52%1.50%3.38%1.27%
MELI
MercadoLibre, Inc.		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.19%0.38%0.36%0.52%0.53%
FIX
Comfort Systems USA, Inc.		0.35%0.41%0.49%0.49%0.81%0.79%0.76%0.68%0.83%0.88%1.31%1.08%
WING
0.24%0.32%3.43%0.35%4.02%0.43%10.15%0.36%9.80%0.00%0.00%0.00%
DT
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%
MDB
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%
FTV
Fortive Corporation		0.44%0.39%0.44%0.37%0.35%0.37%0.41%0.39%0.26%0.00%0.00%0.00%
AMZN
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%
NOW
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%
TDG
2.85%3.46%2.94%0.00%0.00%11.16%0.00%8.01%9.64%0.00%12.73%13.66%
XPO
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.

-10.00%-8.00%-6.00%-4.00%-2.00%0.00%FebruaryMarchAprilMayJuneJuly
-7.04%
-4.73%
Alpha Monthly
Benchmark (^GSPC)
Portfolio components

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 40.57%, occurring on Jun 16, 2022. Recovery took 231 trading sessions.

The current Alpha Monthly drawdown is 7.41%.

Depth

Start

To Bottom

Bottom

To Recover

End

Total

-40.57%Nov 10, 2021151Jun 16, 2022231May 18, 2023382
-12.18%Sep 5, 202338Oct 26, 202311Nov 10, 202349
-10.74%Mar 8, 202430Apr 19, 202418May 15, 202448
-8.25%Sep 7, 202120Oct 4, 202118Oct 28, 202138
-7.41%Jul 17, 20246Jul 24, 2024———

Volatility

Volatility Chart

The current Alpha Monthly volatility is 7.66%, 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.

2.00%4.00%6.00%8.00%10.00%FebruaryMarchAprilMayJuneJuly
7.66%
3.80%
Alpha Monthly
Benchmark (^GSPC)
Portfolio components

Diversification

Asset Correlations Table

The table below displays the correlation coefficients between the individual components of the portfolio, the entire portfolio, and the chosen benchmark.
SWAVSMCIGWWWINGAPPFMNDYSAIAFIXDECKAPPFNSAPXPOTDGEXPMDBMELIDTFTVAMZNANETONTONVDANOWASML
SWAV1.000.230.220.320.370.310.260.320.290.320.300.290.280.330.300.370.400.400.330.350.340.340.330.370.35
SMCI0.231.000.260.270.310.300.300.400.350.340.500.340.340.360.390.320.320.300.350.350.490.520.510.360.49
GWW0.220.261.000.280.290.240.440.570.370.280.410.360.450.480.570.270.300.320.590.320.390.390.300.370.38
WING0.320.270.281.000.380.390.340.350.440.430.330.360.380.400.350.420.410.450.370.420.400.420.450.460.43
APPF0.370.310.290.381.000.440.330.360.370.450.370.420.330.410.380.460.440.510.400.440.440.390.420.530.40
MNDY0.310.300.240.390.441.000.370.280.390.510.360.420.330.340.330.630.500.570.350.520.460.410.500.590.46
SAIA0.260.300.440.340.330.371.000.480.430.390.440.400.720.450.510.390.410.390.520.400.420.470.440.440.47
FIX0.320.400.570.350.360.280.481.000.440.340.520.400.480.540.630.310.380.330.560.360.480.510.390.380.45
DECK0.290.350.370.440.370.390.430.441.000.410.460.380.440.470.450.440.470.470.490.470.460.480.460.480.48
APP0.320.340.280.430.450.510.390.340.411.000.370.440.410.390.400.590.510.540.410.550.460.450.530.580.51
FN0.300.500.410.330.370.360.440.520.460.371.000.440.440.450.500.390.400.380.510.410.560.610.500.430.57
SAP0.290.340.360.360.420.420.400.400.380.440.441.000.410.470.470.430.470.480.490.540.450.490.500.570.63
XPO0.280.340.450.380.330.330.720.480.440.410.440.411.000.500.600.390.430.400.550.440.440.510.480.460.49
TDG0.330.360.480.400.410.340.450.540.470.390.450.470.501.000.570.350.460.430.580.440.460.500.470.440.53
EXP0.300.390.570.350.380.330.510.630.450.400.500.470.600.571.000.380.430.420.640.420.440.520.450.430.50
MDB0.370.320.270.420.460.630.390.310.440.590.390.430.390.350.381.000.540.670.380.610.520.470.540.710.49
MELI0.400.320.300.410.440.500.410.380.470.510.400.470.430.460.430.541.000.530.470.580.500.480.530.600.52
DT0.400.300.320.450.510.570.390.330.470.540.380.480.400.430.420.670.531.000.460.560.490.440.510.700.50
FTV0.330.350.590.370.400.350.520.560.490.410.510.490.550.580.640.380.470.461.000.430.440.530.430.470.54
AMZN0.350.350.320.420.440.520.400.360.470.550.410.540.440.440.420.610.580.560.431.000.550.500.600.640.59
ANET0.340.490.390.400.440.460.420.480.460.460.560.450.440.460.440.520.500.490.440.551.000.590.630.610.61
ONTO0.340.520.390.420.390.410.470.510.480.450.610.490.510.500.520.470.480.440.530.500.591.000.670.520.74
NVDA0.330.510.300.450.420.500.440.390.460.530.500.500.480.470.450.540.530.510.430.600.630.671.000.610.72
NOW0.370.360.370.460.530.590.440.380.480.580.430.570.460.440.430.710.600.700.470.640.610.520.611.000.61
ASML0.350.490.380.430.400.460.470.450.480.510.570.630.490.530.500.490.520.500.540.590.610.740.720.611.00
The correlation results are calculated based on daily price changes starting from Jun 11, 2021