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ASO

Last updated Feb 24, 2024

Testing

Asset Allocation


SOYB 50%CANE 25%CORN 24%WEAT 1%CommodityCommodity
PositionCategory/SectorWeight
SOYB
Teucrium Soybean Fund
Agricultural Commodities

50%

CANE
Teucrium Sugar Fund
Agricultural Commodities

25%

CORN
Teucrium Corn Fund
Agricultural Commodities

24%

WEAT
Teucrium Wheat Fund
Agricultural Commodities

1%

S&P 500

Performance

The chart shows the growth of an initial investment of $10,000 in ASO, 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%100.00%200.00%300.00%SeptemberOctoberNovemberDecember2024February
-27.10%
322.63%
ASO
Benchmark (^GSPC)
Portfolio components

The earliest data available for this chart is Sep 19, 2011, corresponding to the inception date of WEAT

Returns

As of Feb 24, 2024, the ASO returned -7.06% Year-To-Date and -1.31% of annualized return in the last 10 years.


Year-To-Date1 month6 months1 year5 years (annualized)10 years (annualized)
^GSPC
S&P 500
6.69%4.52%15.50%26.83%12.76%10.70%
ASO-7.06%-5.59%-12.67%-7.43%8.34%-1.13%
CORN
Teucrium Corn Fund
-12.38%-7.35%-15.21%-26.32%3.59%-5.07%
WEAT
Teucrium Wheat Fund
-10.89%-7.16%-13.36%-26.72%-0.52%-9.37%
SOYB
Teucrium Soybean Fund
-10.96%-5.20%-15.82%-14.47%8.03%0.00%
CANE
Teucrium Sugar Fund
6.61%-4.55%-5.10%29.48%11.85%-1.74%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2024-0.65%
20232.80%1.41%-1.02%1.28%0.73%-6.53%

Sharpe Ratio

The current ASO Sharpe ratio is -0.62. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

0.002.004.00-0.62

The Sharpe ratio of ASO is in the bottom 25%, suggesting that this portfolio isn't performing as well in terms of risk-adjusted returns compared to many others. This could be due to lower returns, higher volatility, or both. It might be an indication that the portfolio needs fine-tuning.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.001.502.002.50SeptemberOctoberNovemberDecember2024February
-0.62
2.23
ASO
Benchmark (^GSPC)
Portfolio components

Dividend yield


ASO doesn't pay dividends

Expense Ratio

The ASO has a high expense ratio of 1.95%, indicating higher-than-average management fees. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.


2.19%
0.00%2.15%
1.91%
0.00%2.15%
1.88%
0.00%2.15%
1.88%
0.00%2.15%

Risk-Adjusted Performance

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 ratioSortino ratioOmega ratioCalmar ratioUlcer Index
^GSPC
S&P 500
2.23
ASO
-0.62
CORN
Teucrium Corn Fund
-1.31
WEAT
Teucrium Wheat Fund
-1.02
SOYB
Teucrium Soybean Fund
-0.90
CANE
Teucrium Sugar Fund
1.18

Asset Correlations Table

The table below displays the correlation coefficients between the individual components of the portfolio, the entire portfolio, and the chosen benchmark.

CANESOYBWEATCORN
CANE1.000.180.150.17
SOYB0.181.000.390.58
WEAT0.150.391.000.63
CORN0.170.580.631.00

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%SeptemberOctoberNovemberDecember2024February
-30.34%
0
ASO
Benchmark (^GSPC)
Portfolio components

Worst Drawdowns

The table below displays the maximum drawdowns of the ASO. 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 ASO was 64.47%, occurring on Apr 27, 2020. The portfolio has not yet recovered.

The current ASO drawdown is 30.34%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-64.47%Sep 5, 20121922Apr 27, 2020
-17.49%Sep 21, 2011178Jun 5, 201228Jul 16, 2012206
-5.13%Jul 23, 20124Jul 26, 201225Aug 30, 201229
-0.6%Jul 17, 20121Jul 17, 20121Jul 18, 20122
-0.48%Aug 31, 20121Aug 31, 20121Sep 4, 20122

Volatility Chart

The current ASO volatility is 3.33%, 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.


1.50%2.00%2.50%3.00%3.50%4.00%4.50%5.00%SeptemberOctoberNovemberDecember2024February
3.33%
3.90%
ASO
Benchmark (^GSPC)
Portfolio components
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