Québec Portfolio
Asset Allocation
| Position | Category/Sector | Weight |
|---|---|---|
ATD.TO Alimentation Couche-Tard Inc. | Consumer Cyclical | 12.50% |
ATRL.TO SNC-Lavalin Group Inc | Industrials | 12.50% |
CNI Canadian National Railway Company | Industrials | 12.50% |
GIB CGI Inc | Technology | 12.50% |
INE.TO Innergex Renewable Energy Inc. | Utilities | 12.50% |
NA.TO National Bank of Canada | Financial Services | 12.50% |
POW.TO Power Corporation of Canada | Financial Services | 12.50% |
QBR-B.TO Quebecor Inc | Communication Services | 12.50% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Québec 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 Quarterly
The earliest data available for this chart is Dec 6, 2007, corresponding to the inception date of INE.TO
Returns By Period
As of Nov 13, 2024, the Québec Portfolio returned 10.68% Year-To-Date and 9.35% of annualized return in the last 10 years.
| Year-To-Date | 1 month | 6 months | 1 year | 5 years (annualized) | 10 years (annualized) | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | 25.48% | 2.14% | 12.76% | 33.14% | 13.96% | 11.39% |
| Québec Portfolio | 9.79% | -1.96% | 6.11% | 17.30% | 9.73% | 9.26% |
| Portfolio components: | ||||||
ATD.TO Alimentation Couche-Tard Inc. | -4.07% | 7.12% | -0.02% | -1.26% | 13.04% | 12.06% |
NA.TO National Bank of Canada | 28.96% | -0.04% | 13.18% | 51.21% | 16.94% | 11.40% |
CNI Canadian National Railway Company | -9.99% | -3.58% | -10.26% | -0.87% | 5.60% | 6.54% |
ATRL.TO SNC-Lavalin Group Inc | 42.55% | 2.77% | 17.10% | 39.08% | 17.34% | 2.88% |
POW.TO Power Corporation of Canada | 17.35% | 0.18% | 15.86% | 31.62% | 12.16% | 7.28% |
QBR-B.TO Quebecor Inc | -0.27% | -10.23% | 3.02% | 6.83% | 1.54% | 7.72% |
GIB CGI Inc | 4.59% | -2.89% | 7.56% | 11.46% | 6.46% | 11.77% |
INE.TO Innergex Renewable Energy Inc. | -7.89% | -10.14% | -5.46% | -7.05% | -9.60% | 0.35% |
Monthly Returns
The table below presents the monthly returns of Québec Portfolio, 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 | 1.10% | 0.36% | 1.35% | -5.17% | 6.59% | -0.30% | 3.46% | 1.38% | 3.86% | -2.21% | 9.79% | ||
| 2023 | 7.35% | -1.91% | 5.31% | 0.89% | -2.31% | 4.26% | 2.58% | -1.44% | -5.45% | -6.02% | 9.46% | 6.22% | 19.03% |
| 2022 | -1.44% | -1.96% | 5.82% | -6.58% | 0.42% | -8.17% | 9.05% | -3.34% | -10.10% | 5.08% | 7.35% | -3.24% | -8.87% |
| 2021 | -2.23% | 2.96% | 6.43% | 2.99% | 7.15% | -1.51% | 2.21% | 0.97% | -2.23% | 4.30% | -7.02% | 2.90% | 17.26% |
| 2020 | 0.39% | -5.33% | -18.31% | 8.55% | 0.97% | 3.81% | 7.55% | 5.99% | -0.78% | -6.49% | 14.28% | 3.18% | 10.16% |
| 2019 | 8.57% | 2.53% | 1.43% | 1.52% | -5.85% | 4.84% | -2.38% | -2.79% | 3.79% | 4.83% | 4.45% | 5.77% | 29.07% |
| 2018 | 0.46% | -4.25% | -1.82% | 1.09% | 1.61% | 1.62% | 2.44% | -0.66% | 0.41% | -6.28% | 3.20% | -6.26% | -8.69% |
| 2017 | 3.48% | -1.87% | 1.80% | -1.55% | 0.64% | 6.23% | 3.49% | 1.57% | 1.40% | -0.08% | 0.76% | 2.67% | 19.87% |
| 2016 | 0.61% | 3.31% | 11.01% | 1.62% | 0.04% | -0.52% | 5.80% | 0.67% | -1.34% | -0.29% | 0.12% | 2.51% | 25.48% |
| 2015 | -8.19% | 3.82% | -0.64% | 3.70% | -3.04% | -2.18% | -2.43% | -6.03% | 0.16% | 4.82% | 3.84% | -5.76% | -12.25% |
| 2014 | -8.06% | 4.42% | 1.09% | 5.40% | -0.61% | 4.46% | 1.42% | 3.38% | -2.58% | 0.79% | 1.60% | 1.98% | 13.26% |
| 2013 | 5.21% | 1.23% | -1.03% | 6.20% | -3.20% | -1.63% | 5.22% | -4.85% | 7.29% | 4.09% | 4.57% | 0.16% | 24.84% |
Expense Ratio
Québec Portfolio 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 Québec Portfolio is 15, indicating that it is in the bottom 15% of portfolios on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
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 | |
|---|---|---|---|---|---|
ATD.TO Alimentation Couche-Tard Inc. | -0.06 | 0.07 | 1.01 | -0.07 | -0.15 |
NA.TO National Bank of Canada | 2.98 | 4.09 | 1.57 | 3.04 | 17.47 |
CNI Canadian National Railway Company | -0.05 | 0.05 | 1.01 | -0.05 | -0.10 |
ATRL.TO SNC-Lavalin Group Inc | 1.49 | 2.24 | 1.28 | 1.01 | 8.00 |
POW.TO Power Corporation of Canada | 1.49 | 1.88 | 1.28 | 1.97 | 6.89 |
QBR-B.TO Quebecor Inc | 0.31 | 0.59 | 1.07 | 0.30 | 0.68 |
GIB CGI Inc | 0.56 | 0.91 | 1.11 | 0.59 | 1.22 |
INE.TO Innergex Renewable Energy Inc. | -0.23 | -0.09 | 0.99 | -0.11 | -0.78 |
Dividends
Dividend yield
Québec Portfolio provided a 2.64% dividend yield over the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 2.64% | 3.01% | 2.77% | 2.28% | 2.42% | 2.10% | 2.63% | 2.03% | 2.06% | 2.38% | 2.04% | 1.56% |
| Portfolio components: | ||||||||||||
ATD.TO Alimentation Couche-Tard Inc. | 0.67% | 0.76% | 0.79% | 0.70% | 0.68% | 0.15% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NA.TO National Bank of Canada | 4.06% | 4.03% | 4.03% | 3.11% | 3.96% | 3.77% | 4.44% | 3.70% | 4.03% | 5.16% | 3.88% | 0.00% |
CNI Canadian National Railway Company | 2.20% | 1.85% | 2.34% | 2.00% | 1.71% | 1.94% | 1.88% | 1.55% | 1.70% | 1.73% | 1.31% | 1.44% |
ATRL.TO SNC-Lavalin Group Inc | 0.12% | 0.19% | 0.34% | 0.26% | 0.37% | 0.80% | 2.50% | 1.91% | 1.80% | 2.43% | 2.17% | 1.93% |
POW.TO Power Corporation of Canada | 4.91% | 5.60% | 6.28% | 4.43% | 7.54% | 4.77% | 6.13% | 4.36% | 4.38% | 4.23% | 3.65% | 3.63% |
QBR-B.TO Quebecor Inc | 3.96% | 3.81% | 3.97% | 3.85% | 2.44% | 1.18% | 0.67% | 0.12% | 0.00% | 0.00% | 0.00% | 0.00% |
GIB CGI 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% |
INE.TO Innergex Renewable Energy Inc. | 5.18% | 7.83% | 4.44% | 3.87% | 2.63% | 4.15% | 5.42% | 4.58% | 4.56% | 5.47% | 5.28% | 5.47% |
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 Québec 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 Québec Portfolio was 53.27%, occurring on Mar 9, 2009. Recovery took 232 trading sessions.
The current Québec Portfolio drawdown is 2.91%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -53.27% | Dec 31, 2007 | 304 | Mar 9, 2009 | 232 | Feb 2, 2010 | 536 |
| -40.26% | Feb 13, 2020 | 27 | Mar 23, 2020 | 173 | Nov 23, 2020 | 200 |
| -24.59% | Oct 25, 2021 | 250 | Oct 12, 2022 | 212 | Aug 10, 2023 | 462 |
| -22.68% | Sep 5, 2014 | 352 | Jan 20, 2016 | 48 | Mar 30, 2016 | 400 |
| -21.29% | Jul 5, 2011 | 65 | Oct 4, 2011 | 137 | Apr 18, 2012 | 202 |
Volatility
Volatility Chart
The current Québec Portfolio volatility is 3.23%, 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
| INE.TO | ATD.TO | QBR-B.TO | GIB | ATRL.TO | CNI | POW.TO | NA.TO | |
|---|---|---|---|---|---|---|---|---|
| INE.TO | 1.00 | 0.26 | 0.26 | 0.30 | 0.32 | 0.31 | 0.35 | 0.36 |
| ATD.TO | 0.26 | 1.00 | 0.28 | 0.33 | 0.30 | 0.33 | 0.35 | 0.34 |
| QBR-B.TO | 0.26 | 0.28 | 1.00 | 0.32 | 0.35 | 0.36 | 0.41 | 0.42 |
| GIB | 0.30 | 0.33 | 0.32 | 1.00 | 0.38 | 0.46 | 0.45 | 0.43 |
| ATRL.TO | 0.32 | 0.30 | 0.35 | 0.38 | 1.00 | 0.50 | 0.51 | 0.51 |
| CNI | 0.31 | 0.33 | 0.36 | 0.46 | 0.50 | 1.00 | 0.53 | 0.54 |
| POW.TO | 0.35 | 0.35 | 0.41 | 0.45 | 0.51 | 0.53 | 1.00 | 0.65 |
| NA.TO | 0.36 | 0.34 | 0.42 | 0.43 | 0.51 | 0.54 | 0.65 | 1.00 |