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Alpha Monthly
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Diversification

Alpha Monthly

Currency in USD · Last updated May 23, 2025

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/SectorTarget Weight
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
Super Micro Computer, Inc.		Technology
4%
SWAV
ShockWave Medical, Inc.		Healthcare
4%
TDG
TransDigm Group Incorporated		Industrials
4%
WING
Wingstop Inc.		Consumer Cyclical
4%
XPO
XPO Logistics, Inc.		Industrials
4%

S&P 500

Performance

Performance Chart

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

Returns By Period

YTD1M6M1Y5Y*10Y*
^GSPC
S&P 500		-0.67%10.48%-1.79%10.08%14.60%10.64%
Alpha Monthly-0.99%14.65%-6.74%12.24%N/AN/A
Portfolio components:
SMCI
Super Micro Computer, Inc.		35.56%25.59%24.65%-51.24%75.67%28.52%
NVDA
NVIDIA Corporation		-1.08%29.33%-6.41%28.00%71.34%74.59%
APPF
AppFolio, Inc.		-15.56%-7.68%-14.06%-11.27%8.33%N/A
DECK
Deckers Outdoor Corporation		-37.91%18.22%-34.38%-16.37%33.38%26.19%
SAIA
Saia, Inc.		-41.18%-21.51%-50.52%-29.51%20.98%20.26%
ASML
ASML Holding N.V.		7.40%12.89%10.63%-19.99%19.39%22.08%
MNDY
monday.com Ltd.		23.04%16.82%1.79%18.38%N/AN/A
SWAV
ShockWave Medical, Inc.		0.00%0.00%0.00%0.19%N/AN/A
FN
Fabrinet		3.81%22.18%-0.95%-5.83%29.50%28.44%
EXP
Eagle Materials Inc.		-13.31%-1.20%-31.89%-8.94%27.15%10.37%
GWW
W.W. Grainger, Inc.		2.71%8.89%-10.28%13.83%31.31%17.85%
APP
AppLovin Corporation		8.54%39.28%5.45%343.44%N/AN/A
ANET
Arista Networks, Inc.		-16.26%30.81%-8.92%22.83%46.41%35.91%
ONTO
Onto Innovation Inc.		-43.10%-20.97%-42.97%-58.32%24.43%20.03%
SAP
SAP SE		22.85%11.41%28.03%55.09%22.92%16.71%
MELI
MercadoLibre, Inc.		53.26%21.78%29.98%52.63%25.37%33.39%
FIX
Comfort Systems USA, Inc.		9.24%30.08%-5.66%40.36%69.62%36.15%
WING
Wingstop Inc.		13.24%48.54%-4.67%-15.43%23.82%N/A
DT
Dynatrace, Inc.		-0.29%23.13%-2.29%13.84%7.93%N/A
MDB
MongoDB, Inc.		-19.00%15.94%-43.28%-46.91%-3.06%N/A
FTV
Fortive Corporation		-6.37%4.61%-10.37%-6.79%7.91%N/A
AMZN
Amazon.com, Inc.		-7.43%12.46%3.03%12.18%10.76%25.25%
NOW
ServiceNow, Inc.		-4.18%24.99%-4.23%33.98%21.23%29.14%
TDG
TransDigm Group Incorporated		10.88%3.93%11.49%11.49%32.95%24.93%
XPO
XPO Logistics, Inc.		-9.43%18.83%-20.27%12.69%35.36%21.18%
*Annualized

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
20254.32%-5.20%-10.81%2.82%9.18%-0.99%
202412.36%17.35%4.45%-6.96%6.05%3.63%-1.79%3.93%4.38%-0.60%12.75%-6.36%57.42%
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%, 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.

The portfolio doesn't include any funds that charge management fees.

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of Alpha Monthly is 19, meaning it’s performing worse than 81% 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.

The Risk-Adjusted Performance Rank of Alpha Monthly is 1919
Overall Rank
The Sharpe Ratio Rank of Alpha Monthly is 2020
Sharpe Ratio Rank
The Sortino Ratio Rank of Alpha Monthly is 2121
Sortino Ratio Rank
The Omega Ratio Rank of Alpha Monthly is 1818
Omega Ratio Rank
The Calmar Ratio Rank of Alpha Monthly is 2121
Calmar Ratio Rank
The Martin Ratio Rank of Alpha Monthly is 1616
Martin 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.

Portfolio components
Sharpe ratioSortino ratioOmega ratioCalmar ratioMartin ratio
SMCI
Super Micro Computer, Inc.		-0.46-0.180.98-0.64-1.04
NVDA
NVIDIA Corporation		0.671.261.161.092.67
APPF
AppFolio, Inc.		-0.30-0.220.97-0.50-0.93
DECK
Deckers Outdoor Corporation		-0.31-0.150.98-0.30-0.62
SAIA
Saia, Inc.		-0.46-0.370.95-0.54-1.33
ASML
ASML Holding N.V.		-0.39-0.310.96-0.45-0.69
MNDY
monday.com Ltd.		0.291.071.140.481.70
SWAV
ShockWave Medical, Inc.		1.4721.8217.943.6262.93
FN
Fabrinet		-0.040.411.06-0.04-0.08
EXP
Eagle Materials Inc.		-0.29-0.460.95-0.48-0.93
GWW
W.W. Grainger, Inc.		0.551.041.130.571.32
APP
AppLovin Corporation		3.723.441.495.5413.90
ANET
Arista Networks, Inc.		0.320.731.110.320.82
ONTO
Onto Innovation Inc.		-0.81-1.080.85-0.93-1.97
SAP
SAP SE		1.952.671.342.8711.81
MELI
MercadoLibre, Inc.		1.271.671.232.075.15
FIX
Comfort Systems USA, Inc.		0.711.251.190.972.34
WING
Wingstop Inc.		-0.30-0.110.98-0.31-0.56
DT
Dynatrace, Inc.		0.400.771.100.250.97
MDB
MongoDB, Inc.		-0.73-0.860.87-0.65-1.42
FTV
Fortive Corporation		-0.32-0.260.96-0.32-0.97
AMZN
Amazon.com, Inc.		0.320.681.090.350.90
NOW
ServiceNow, Inc.		0.731.281.180.812.23
TDG
TransDigm Group Incorporated		0.430.791.101.022.07
XPO
XPO Logistics, Inc.		0.250.601.070.180.42

The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

Alpha Monthly Sharpe ratios as of May 23, 2025 (values are recalculated daily):

  • 1-Year: 0.39
  • All Time: 1.00

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

Compared to the broad market, where average Sharpe ratios range from 0.47 to 0.99, this portfolio's current Sharpe ratio places it in the bottom 25%. This suggests weaker risk-adjusted returns than most portfolios, possibly due to lower returns, higher volatility, or both. It may be worth reviewing the allocation. You can use the Portfolio Optimization tool to explore options for improving the Sharpe ratio.

The chart below shows the rolling Sharpe ratio of Alpha Monthly compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time. For deeper analysis or to customize the calculation, use the Sharpe ratio tool.

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Dividends

Dividend yield

Alpha Monthly provided a 0.38% dividend yield over the last twelve months.

TTM20242023202220212020201920182017201620152014
Portfolio0.38%0.40%0.33%0.53%0.20%0.35%0.71%0.69%0.57%1.06%0.31%0.90%
Portfolio components:
SMCI
Super Micro Computer, 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%
NVDA
NVIDIA Corporation		0.02%0.02%0.03%0.11%0.05%0.12%0.27%0.46%0.29%0.45%1.20%1.70%
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.		0.91%0.97%0.85%1.27%0.50%0.59%1.20%1.10%0.75%1.02%0.91%0.77%
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
ShockWave Medical, 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%
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.		0.47%0.41%0.49%0.75%0.45%0.10%0.44%0.66%0.35%0.41%0.66%0.53%
GWW
W.W. Grainger, Inc.		0.78%0.76%0.88%1.22%1.23%1.45%1.68%1.90%2.14%2.08%2.27%1.64%
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		0.85%0.97%1.41%2.58%1.56%1.31%1.27%1.73%1.18%1.52%1.50%3.39%
MELI
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%
FIX
Comfort Systems USA, Inc.		0.32%0.28%0.41%0.49%0.49%0.81%0.79%0.76%0.68%0.83%0.88%1.31%
WING
Wingstop Inc.		0.34%0.34%0.32%3.43%0.36%4.04%0.46%10.19%0.36%9.80%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		0.46%0.43%0.39%0.44%0.37%0.35%0.37%0.41%0.39%0.26%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
TransDigm Group Incorporated		5.34%5.92%3.46%2.94%0.00%0.00%11.16%0.00%8.01%9.64%0.00%12.73%
XPO
XPO Logistics, 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%

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 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 11.37%.

Depth

Start

To Bottom

Bottom

To Recover

End

Total

-40.57%Nov 10, 2021151Jun 16, 2022231May 18, 2023382
-28.38%Dec 9, 202482Apr 8, 2025———
-12.95%Jul 17, 202414Aug 5, 202430Sep 17, 202444
-12.18%Sep 5, 202338Oct 26, 202311Nov 10, 202349
-10.74%Mar 8, 202430Apr 19, 202418May 15, 202448

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 25 assets, with an effective number of assets of 25.00, reflecting the diversification based on asset allocation. This number of effective assets suggests that the portfolio's investments are spread across a variety of assets, indicating a well-diversified allocation. However, true diversification also depends on the correlations between assets.

Asset Correlations Table

The table below displays the correlation coefficients between the individual components of the portfolio, the entire portfolio, and the chosen benchmark.
^GSPCSWAVSMCIGWWWINGAPPFSAIAMNDYTDGSAPDECKAPPMELIFNXPOFIXDTEXPMDBFTVAMZNANETONTONVDAASMLNOWPortfolio
^GSPC1.000.400.470.570.470.520.550.520.630.630.570.560.590.600.600.630.570.660.560.720.710.660.660.710.720.690.85
SWAV0.401.000.180.190.280.320.220.270.270.250.240.270.360.240.240.270.350.260.320.280.300.280.280.280.310.320.42
SMCI0.470.181.000.240.250.280.290.320.310.320.350.360.300.470.330.420.300.360.340.340.350.490.500.510.470.360.60
GWW0.570.190.241.000.290.320.430.250.470.350.370.260.310.380.440.550.320.590.270.580.320.370.380.290.360.370.51
WING0.470.280.250.291.000.370.350.380.390.360.420.420.390.320.380.370.420.360.400.370.420.400.400.430.400.450.57
APPF0.520.320.280.320.371.000.350.430.410.410.390.410.430.360.360.360.500.400.450.430.440.420.390.410.390.530.60
SAIA0.550.220.290.430.350.351.000.360.420.370.420.350.380.400.730.450.380.520.380.500.380.400.450.400.440.430.61
MNDY0.520.270.320.250.380.430.361.000.330.420.390.500.480.380.350.340.560.340.630.380.530.490.410.510.450.610.67
TDG0.630.270.310.470.390.410.420.331.000.450.440.370.420.410.470.520.410.550.330.570.420.450.470.430.490.430.60
SAP0.630.250.320.350.360.410.370.420.451.000.380.420.420.410.380.410.460.450.420.470.510.440.470.480.600.550.63
DECK0.570.240.350.370.420.390.420.390.440.381.000.390.420.450.450.460.450.450.450.500.470.470.490.450.470.480.64
APP0.560.270.360.260.420.410.350.500.370.420.391.000.460.380.390.400.490.370.550.390.540.480.460.530.470.550.68
MELI0.590.360.300.310.390.430.380.480.420.420.420.461.000.350.400.380.500.410.510.460.530.460.440.500.480.560.66
FN0.600.240.470.380.320.360.400.380.410.410.450.380.351.000.420.550.370.470.400.490.430.560.610.510.550.440.67
XPO0.600.240.330.440.380.360.730.350.470.380.450.390.400.421.000.470.390.580.400.530.430.440.490.460.460.450.65
FIX0.630.270.420.550.370.360.450.340.520.410.460.400.380.550.471.000.350.610.350.560.410.540.550.450.470.430.66
DT0.570.350.300.320.420.500.380.560.410.460.450.490.500.370.390.351.000.420.660.460.540.480.420.480.480.670.67
EXP0.660.260.360.590.360.400.520.340.550.450.450.370.410.470.580.610.421.000.380.640.410.440.500.430.470.440.65
MDB0.560.320.340.270.400.450.380.630.330.420.450.550.510.400.400.350.660.381.000.400.610.520.460.530.480.700.71
FTV0.720.280.340.580.370.430.500.380.570.470.500.390.460.490.530.560.460.640.401.000.440.450.530.420.530.480.66
AMZN0.710.300.350.320.420.440.380.530.420.510.470.540.530.430.430.410.540.410.610.441.000.570.500.600.570.650.71
ANET0.660.280.490.370.400.420.400.490.450.440.470.480.460.560.440.540.480.440.520.450.571.000.590.640.580.620.74
ONTO0.660.280.500.380.400.390.450.410.470.470.490.460.440.610.490.550.420.500.460.530.500.591.000.660.730.510.75
NVDA0.710.280.510.290.430.410.400.510.430.480.450.530.500.510.460.450.480.430.530.420.600.640.661.000.690.610.76
ASML0.720.310.470.360.400.390.440.450.490.600.470.470.480.550.460.470.480.470.480.530.570.580.730.691.000.570.74
NOW0.690.320.360.370.450.530.430.610.430.550.480.550.560.440.450.430.670.440.700.480.650.620.510.610.571.000.77
Portfolio0.850.420.600.510.570.600.610.670.600.630.640.680.660.670.650.660.670.650.710.660.710.740.750.760.740.771.00
The correlation results are calculated based on daily price changes starting from Jun 11, 2021