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IE Global Alpha
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Diversification

IE Global Alpha

Last updated Jul 25, 2024

Asset Allocation

CSX5.L 20%PQVG.L 20%XDEQ.DE 10%XDEM.DE 10%BKCG.L 10%CBUK.DE 5%CIBR.L 5%DGIT.L 5%XAIX.DE 5%SMGB.L 5%NUCG.L 5%EquityEquity
PositionCategory/SectorWeight
BKCG.L
Global X Blockchain UCITS ETF USD Accumulating		Technology Equities

10%

CBUK.DE
iShares MSCI China Tech UCITS ETF USD Acc		Technology Equities

5%

CIBR.L
First Trust Nasdaq Cybersecurity UCITS ETF Class A USD Accumulation		Technology Equities

5%

CSX5.L
iShares VII plc - iShares Core EURO STOXX 50 ETF EUR Acc		Europe Equities

20%

DGIT.L
iShares Digitalisation UCITS Acc		Technology Equities

5%

NUCG.L
VanEck Uranium and Nuclear Technologies UCITS ETF		Commodity Producers Equities

5%

PQVG.L
Invesco S&P 500 QVM UCITS ETF		Large Cap Blend Equities

20%

SMGB.L
VanEck Semiconductor UCITS ETF		Technology Equities

5%

XAIX.DE
Xtrackers Artificial Intelligence & Big Data UCITS ETF		Technology Equities

5%

XDEM.DE
Xtrackers MSCI World Momentum Factor UCITS ETF 1C		Global Equities

10%

XDEQ.DE
Xtrackers MSCI World Quality Factor UCITS ETF 1C		Global Equities

10%

S&P 500

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in IE Global Alpha , 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

20.00%30.00%40.00%50.00%60.00%FebruaryMarchAprilMayJuneJuly
46.41%
32.00%
IE Global Alpha
Benchmark (^GSPC)
Portfolio components

The earliest data available for this chart is Feb 10, 2023, corresponding to the inception date of NUCG.L

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%
IE Global Alpha 11.49%-1.88%12.52%26.38%N/AN/A
Portfolio components:
CBUK.DE
iShares MSCI China Tech UCITS ETF USD Acc		-4.56%-5.29%3.14%-9.39%N/AN/A
XDEQ.DE
Xtrackers MSCI World Quality Factor UCITS ETF 1C		12.38%-2.06%10.21%19.08%12.24%N/A
XDEM.DE
Xtrackers MSCI World Momentum Factor UCITS ETF 1C		21.56%-3.19%15.15%29.56%11.60%N/A
CSX5.L
iShares VII plc - iShares Core EURO STOXX 50 ETF EUR Acc		7.13%-0.54%6.25%10.11%9.38%7.43%
PQVG.L
Invesco S&P 500 QVM UCITS ETF		22.08%-0.11%16.81%27.80%13.15%N/A
BKCG.L
Global X Blockchain UCITS ETF USD Accumulating		-1.99%-2.28%52.10%40.33%N/AN/A
CIBR.L
First Trust Nasdaq Cybersecurity UCITS ETF Class A USD Accumulation		2.06%1.68%-2.41%18.11%N/AN/A
DGIT.L
iShares Digitalisation UCITS Acc		3.30%-0.81%1.95%10.67%3.48%N/A
XAIX.DE
Xtrackers Artificial Intelligence & Big Data UCITS ETF		14.94%-2.46%8.51%29.70%17.88%N/A
SMGB.L
VanEck Semiconductor UCITS ETF		23.71%-8.13%15.55%40.00%N/AN/A
NUCG.L
VanEck Uranium and Nuclear Technologies UCITS ETF		10.02%-4.71%2.62%35.42%N/AN/A

Monthly Returns

The table below presents the monthly returns of IE Global Alpha , with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-1.34%7.18%4.82%-4.84%3.65%4.01%11.49%
2023-1.83%3.35%0.62%-0.18%8.07%6.11%-4.41%-4.74%-2.81%11.53%13.86%31.32%

Expense Ratio

IE Global Alpha features an expense ratio of 0.32%, falling within the medium range. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.

CIBR.L
First Trust Nasdaq Cybersecurity UCITS ETF Class A USD Accumulation
Expense ratio chart for CIBR.L: current value at 0.60% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.60%
NUCG.L
VanEck Uranium and Nuclear Technologies UCITS ETF
Expense ratio chart for NUCG.L: current value at 0.55% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.55%
BKCG.L
Global X Blockchain UCITS ETF USD Accumulating
Expense ratio chart for BKCG.L: current value at 0.50% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.50%
CBUK.DE
iShares MSCI China Tech UCITS ETF USD Acc
Expense ratio chart for CBUK.DE: current value at 0.45% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.45%
DGIT.L
iShares Digitalisation UCITS Acc
Expense ratio chart for DGIT.L: current value at 0.40% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.40%
PQVG.L
Invesco S&P 500 QVM UCITS ETF
Expense ratio chart for PQVG.L: current value at 0.35% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.35%
XAIX.DE
Xtrackers Artificial Intelligence & Big Data UCITS ETF
Expense ratio chart for XAIX.DE: current value at 0.35% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.35%
SMGB.L
VanEck Semiconductor UCITS ETF
Expense ratio chart for SMGB.L: current value at 0.35% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.35%
XDEQ.DE
Xtrackers MSCI World Quality Factor UCITS ETF 1C
Expense ratio chart for XDEQ.DE: current value at 0.25% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.25%
XDEM.DE
Xtrackers MSCI World Momentum Factor UCITS ETF 1C
Expense ratio chart for XDEM.DE: current value at 0.25% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.25%
CSX5.L
iShares VII plc - iShares Core EURO STOXX 50 ETF EUR Acc
Expense ratio chart for CSX5.L: current value at 0.10% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.10%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of IE Global Alpha is 66, suggesting that the investment has average results relative to other portfolios in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.

The Risk-Adjusted Performance Rank of IE Global Alpha is 6666
IE Global Alpha
The Sharpe Ratio Rank of IE Global Alpha is 6565Sharpe Ratio Rank
The Sortino Ratio Rank of IE Global Alpha is 6969Sortino Ratio Rank
The Omega Ratio Rank of IE Global Alpha is 6262Omega Ratio Rank
The Calmar Ratio Rank of IE Global Alpha is 7676Calmar Ratio Rank
The Martin Ratio Rank of IE Global Alpha is 5656Martin 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.

IE Global Alpha
Sharpe ratio
The chart of Sharpe ratio for IE Global Alpha , currently valued at 1.64, compared to the broader market-1.000.001.002.003.004.001.64
Sortino ratio
The chart of Sortino ratio for IE Global Alpha , currently valued at 2.39, compared to the broader market-2.000.002.004.006.002.39
Omega ratio
The chart of Omega ratio for IE Global Alpha , 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 IE Global Alpha , currently valued at 2.19, compared to the broader market0.002.004.006.008.002.19
Martin ratio
The chart of Martin ratio for IE Global Alpha , currently valued at 7.07, compared to the broader market0.0010.0020.0030.0040.007.07
^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
CBUK.DE
iShares MSCI China Tech UCITS ETF USD Acc		-0.48-0.540.94-0.48-1.24
XDEQ.DE
Xtrackers MSCI World Quality Factor UCITS ETF 1C		1.732.551.312.278.27
XDEM.DE
Xtrackers MSCI World Momentum Factor UCITS ETF 1C		2.032.861.363.7412.54
CSX5.L
iShares VII plc - iShares Core EURO STOXX 50 ETF EUR Acc		0.721.131.130.792.54
PQVG.L
Invesco S&P 500 QVM UCITS ETF		2.163.201.393.8512.68
BKCG.L
Global X Blockchain UCITS ETF USD Accumulating		0.601.351.160.982.11
CIBR.L
First Trust Nasdaq Cybersecurity UCITS ETF Class A USD Accumulation		0.901.331.161.403.24
DGIT.L
iShares Digitalisation UCITS Acc		0.540.881.100.511.94
XAIX.DE
Xtrackers Artificial Intelligence & Big Data UCITS ETF		1.732.381.303.1810.12
SMGB.L
VanEck Semiconductor UCITS ETF		1.381.981.242.547.18
NUCG.L
VanEck Uranium and Nuclear Technologies UCITS ETF		0.821.461.241.543.45

Sharpe Ratio

The current IE Global Alpha Sharpe ratio is 1.70. 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 1.23 to 1.94, this portfolio's current Sharpe ratio lies between the 25th and 75th percentiles. This indicates that the its risk-adjusted performance is in line with the majority of portfolios. This suggests a balanced approach to risk and return, which might be suitable for a broad range of investors.

Use the chart below to compare the Sharpe ratio of IE Global Alpha 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 Ratio1.502.002.503.00MarchAprilMayJuneJuly
1.64
1.58
IE Global Alpha
Benchmark (^GSPC)
Portfolio components

Dividends

Dividend yield

IE Global Alpha granted a 0.00% dividend yield in the last twelve months.

TTM2023202220212020201920182017201620152014
IE Global Alpha 0.00%0.00%0.03%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.11%
Portfolio components:
CBUK.DE
iShares MSCI China Tech UCITS ETF USD Acc		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
XDEQ.DE
Xtrackers MSCI World Quality Factor UCITS ETF 1C		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.51%
XDEM.DE
Xtrackers MSCI World Momentum Factor UCITS ETF 1C		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.63%
CSX5.L
iShares VII plc - iShares Core EURO STOXX 50 ETF EUR Acc		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
PQVG.L
Invesco S&P 500 QVM UCITS ETF		0.01%0.02%0.02%0.01%0.02%0.01%0.01%0.01%0.00%0.00%0.00%
BKCG.L
Global X Blockchain UCITS ETF USD Accumulating		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
CIBR.L
First Trust Nasdaq Cybersecurity UCITS ETF Class A USD Accumulation		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
DGIT.L
iShares Digitalisation UCITS Acc		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
XAIX.DE
Xtrackers Artificial Intelligence & Big Data UCITS ETF		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SMGB.L
VanEck Semiconductor UCITS ETF		0.00%0.00%0.44%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
NUCG.L
VanEck Uranium and Nuclear Technologies UCITS ETF		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.

-8.00%-6.00%-4.00%-2.00%0.00%FebruaryMarchAprilMayJuneJuly
-6.09%
-4.73%
IE Global Alpha
Benchmark (^GSPC)
Portfolio components

Worst Drawdowns

The table below displays the maximum drawdowns of the IE Global Alpha . 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 IE Global Alpha was 12.13%, occurring on Oct 27, 2023. Recovery took 25 trading sessions.

The current IE Global Alpha drawdown is 4.46%.

Depth

Start

To Bottom

Bottom

To Recover

End

Total

-12.13%Aug 1, 202364Oct 27, 202325Dec 1, 202389
-8.26%Feb 17, 202319Mar 15, 202317Apr 11, 202336
-7.23%Mar 22, 202419Apr 19, 202422May 21, 202441
-6.09%Jul 17, 20247Jul 25, 2024———
-5.52%Dec 28, 202314Jan 17, 202415Feb 7, 202429

Volatility

Volatility Chart

The current IE Global Alpha volatility is 4.46%, 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%3.00%4.00%5.00%6.00%FebruaryMarchAprilMayJuneJuly
4.46%
3.80%
IE Global Alpha
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.
CBUK.DENUCG.LBKCG.LPQVG.LCIBR.LCSX5.LSMGB.LXDEM.DEXAIX.DEDGIT.LXDEQ.DE
CBUK.DE1.000.200.220.220.300.390.310.300.320.430.37
NUCG.L0.201.000.210.360.310.330.280.430.340.380.38
BKCG.L0.220.211.000.250.390.360.350.310.400.460.39
PQVG.L0.220.360.251.000.480.470.570.720.550.640.71
CIBR.L0.300.310.390.481.000.500.580.550.710.790.62
CSX5.L0.390.330.360.470.501.000.510.680.570.660.75
SMGB.L0.310.280.350.570.580.511.000.660.780.640.69
XDEM.DE0.300.430.310.720.550.680.661.000.790.670.89
XAIX.DE0.320.340.400.550.710.570.780.791.000.770.84
DGIT.L0.430.380.460.640.790.660.640.670.771.000.77
XDEQ.DE0.370.380.390.710.620.750.690.890.840.771.00
The correlation results are calculated based on daily price changes starting from Feb 13, 2023