High Dividend

Asset Allocation

Position	Category/Sector	Target Weight
ASX ASE Technology Holding Co., Ltd.	Technology	4%
BBVA Banco Bilbao Vizcaya Argentaria, S.A.	Financial Services	4%
BCH Banco de Chile	Financial Services	4%
BEP Brookfield Renewable Partners L.P.	Utilities	4%
BP BP p.l.c.	Energy	4%
CNQ Canadian Natural Resources Limited	Energy	4%
EOG EOG Resources, Inc.	Energy	4%
FANG Diamondback Energy, Inc.	Energy	4%
GIS General Mills, Inc.	Consumer Defensive	4%
HSBC HSBC Holdings plc	Financial Services	4%
IEP Icahn Enterprises L.P.	Industrials	4%
ING ING Groep N.V.	Financial Services	4%
IPG The Interpublic Group of Companies, Inc.	Communication Services	4%
K Kellogg Company	Consumer Defensive	4%
LYB LyondellBasell Industries N.V.	Basic Materials	4%
MFG Mizuho Financial Group, Inc.	Financial Services	4%
OHI Omega Healthcare Investors, Inc.	Real Estate	4%
PAA Plains All American Pipeline, L.P.	Energy	4%
PRU Prudential Financial, Inc.	Financial Services	4%
RF Regions Financial Corporation	Financial Services	4%
SAN Banco Santander, S.A.	Financial Services	4%
SHEL Shell plc	Energy	4%
SNY Sanofi	Healthcare	4%
STLA Stellantis N.V.	Consumer Cyclical	4%
UMC United Microelectronics Corporation	Technology	4%

Benchmark Against

Benchmark

S&P 500 Index

Rebalance

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in High Dividend, 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 Every 3 months.

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The earliest data available for this chart is Jan 20, 2021, corresponding to the inception date of STLA

Returns By Period

	1D	1M	YTD	6M	1Y	3Y*	5Y*	10Y*
Benchmark S&P 500 Index	0.11%	-3.43%	-3.84%	-1.98%	16.08%	16.86%	10.37%	12.29%
Portfolio High Dividend	0.28%	4.76%	13.54%	21.94%	32.51%	18.68%	17.09%	—
Portfolio components:
IEP Icahn Enterprises L.P.	1.05%	0.09%	8.97%	4.25%	6.40%	-34.54%	-18.49%	-5.13%
OHI Omega Healthcare Investors, Inc.	1.51%	-5.18%	3.01%	11.52%	26.92%	28.32%	11.82%	11.06%
HSBC HSBC Holdings plc	-1.23%	1.52%	10.32%	23.38%	53.26%	44.61%	31.34%	17.17%
ING ING Groep N.V.	-0.93%	-1.08%	-4.46%	3.69%	43.18%	39.15%	24.92%	14.16%
BCH Banco de Chile	-2.31%	1.27%	1.56%	29.47%	44.22%	32.93%	17.73%	12.29%
PAA Plains All American Pipeline, L.P.	1.61%	3.51%	25.94%	36.50%	19.04%	29.19%	28.80%	8.94%
BBVA Banco Bilbao Vizcaya Argentaria, S.A.	0.46%	4.98%	-5.96%	17.02%	67.58%	54.76%	41.13%	19.21%
STLA Stellantis N.V.	1.62%	0.80%	-30.67%	-27.40%	-20.37%	-16.81%	-8.41%	—
UMC United Microelectronics Corporation	-3.34%	-12.42%	10.31%	18.93%	37.05%	6.09%	4.47%	20.89%
SAN Banco Santander, S.A.	-1.38%	3.45%	-2.73%	13.77%	71.42%	50.71%	31.81%	14.94%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Jan 21, 2021, High Dividend's average daily return is +0.07%, while the average monthly return is +1.49%. At this rate, your investment would double in approximately 3.9 years.

Historically, 64% of months were positive and 36% were negative. The best month was Oct 2022 with a return of +11.6%, while the worst month was Jun 2022 at -11.2%. The longest winning streak lasted 12 consecutive months, and the longest losing streak was 3 months.

On a daily basis, High Dividend closed higher 56% of trading days. The best single day was Apr 9, 2025 with a return of +8.2%, while the worst single day was Apr 4, 2025 at -7.1%.

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Total
2026	7.34%	3.78%	1.29%	0.62%									13.54%
2025	4.35%	3.63%	0.86%	-4.50%	3.48%	3.24%	1.36%	4.34%	1.20%	2.48%	3.01%	1.42%	27.51%
2024	-1.47%	3.44%	7.58%	-1.54%	4.46%	-2.34%	3.01%	2.17%	-1.31%	-3.46%	1.26%	-4.77%	6.50%
2023	9.31%	-0.15%	-1.06%	2.05%	-5.74%	6.64%	6.12%	-4.25%	-1.44%	-2.99%	7.00%	3.29%	18.94%
2022	7.56%	-0.31%	1.41%	-5.23%	8.14%	-11.24%	4.79%	-0.77%	-8.11%	11.63%	8.47%	-2.84%	11.18%
2021	-6.50%	11.25%	3.53%	3.38%	5.34%	-1.28%	-1.99%	1.42%	1.10%	4.13%	-5.69%	3.38%	18.11%

Benchmark Metrics

High Dividend has an annualized alpha of 9.95%, beta of 0.77, and R² of 0.54 versus S&P 500 Index. Calculated based on daily prices since January 21, 2021.

This portfolio participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (92.50%) than losses (57.72%) — typical of diversified or defensive assets.
This portfolio generated an annualized alpha of 9.95% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.

Alpha: 9.95%

Beta: 0.77

R²: 0.54

Upside Capture: 92.50%

Downside Capture: 57.72%

Expense Ratio

High Dividend 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.

Return for Risk

Risk / Return Rank

High Dividend ranks 77 for risk / return — better than 77% of portfolios on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

Overall Rank

Sharpe Ratio Rank

Sortino Ratio Rank

Omega Ratio Rank

Calmar Ratio Rank

Martin Ratio Rank

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

	Portfolio	Benchmark	Difference
Sharpe ratio Return per unit of total volatility	1.78	0.88	+0.90
Sortino ratio Return per unit of downside risk	2.36	1.37	+0.99
Omega ratio Gain probability vs. loss probability	1.39	1.21	+0.18
Calmar ratio Return relative to maximum drawdown	2.14	1.39	+0.75
Martin ratio Return relative to average drawdown	11.72	6.43	+5.29
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

How much return does each position deliver for the risk it carries? Higher values mean better reward for the risk taken.

	Risk / Return Rank	Sharpe ratio	Sortino ratio	Omega ratio	Calmar ratio	Martin ratio
IEP Icahn Enterprises L.P.	45	0.21	0.53	1.07	0.44	0.85
OHI Omega Healthcare Investors, Inc.	78	1.34	1.96	1.25	2.78	6.81
HSBC HSBC Holdings plc	85	1.90	2.38	1.34	2.83	10.31
ING ING Groep N.V.	80	1.52	2.11	1.28	2.23	7.34
BCH Banco de Chile	78	1.52	2.01	1.26	2.27	6.01
PAA Plains All American Pipeline, L.P.	60	0.78	1.15	1.16	0.95	1.99
BBVA Banco Bilbao Vizcaya Argentaria, S.A.	86	1.97	2.46	1.34	3.12	9.94
STLA Stellantis N.V.	25	-0.35	-0.13	0.98	-0.40	-1.00
UMC United Microelectronics Corporation	66	0.91	1.66	1.20	1.03	2.80
SAN Banco Santander, S.A.	88	2.07	2.55	1.34	3.61	12.10

Sharpe Ratio

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.

High Dividend Sharpe ratios as of Apr 2, 2026 (values are recalculated daily):

1-Year: 1.78
5-Year: 0.99
All Time: 1.06

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 1.01 to 1.70, this portfolio's current Sharpe ratio is in the top 25%. This signifies superior risk-adjusted performance, meaning the portfolio is delivering strong returns for the level of risk taken compared to most others.

The chart below shows the rolling Sharpe ratio of High Dividend compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.

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Dividends

Dividend yield

High Dividend provided a 5.64% dividend yield over the last twelve months.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Portfolio	5.64%	6.08%	7.11%	6.73%	6.17%	4.46%	4.40%	5.09%	5.06%	3.83%	4.13%	4.42%
Portfolio components:
IEP Icahn Enterprises L.P.	25.91%	26.49%	40.37%	34.90%	15.79%	16.13%	15.79%	13.01%	12.26%	11.32%	10.01%	9.79%
OHI Omega Healthcare Investors, Inc.	5.96%	6.04%	7.08%	8.74%	9.59%	9.06%	7.38%	6.26%	7.51%	9.22%	7.55%	6.23%
HSBC HSBC Holdings plc	4.44%	4.19%	8.29%	6.54%	4.33%	3.65%	4.05%	6.52%	6.20%	4.94%	6.35%	6.33%
ING ING Groep N.V.	5.17%	4.78%	7.65%	5.86%	7.16%	5.09%	0.00%	5.92%	2.63%	3.28%	4.24%	2.58%
BCH Banco de Chile	6.00%	5.54%	7.46%	9.01%	6.39%	3.76%	3.95%	5.04%	3.55%	2.20%	3.32%	4.35%
PAA Plains All American Pipeline, L.P.	7.03%	8.46%	7.44%	7.06%	7.08%	7.71%	10.92%	7.50%	5.99%	9.45%	8.21%	11.93%
BBVA Banco Bilbao Vizcaya Argentaria, S.A.	3.73%	3.51%	7.71%	5.51%	6.29%	2.79%	3.50%	5.23%	5.75%	5.17%	6.02%	4.29%
STLA Stellantis N.V.	20.57%	14.26%	12.66%	6.32%	7.90%	2.66%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
UMC United Microelectronics Corporation	5.49%	6.06%	7.14%	6.93%	7.92%	2.44%	1.62%	3.51%	6.59%	2.41%	3.61%	3.15%
SAN Banco Santander, S.A.	2.17%	2.11%	4.63%	3.58%	3.83%	2.71%	0.00%	6.20%	5.83%	4.60%	3.29%	7.06%

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 High Dividend. 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 High Dividend was 17.02%, occurring on Apr 8, 2025. Recovery took 44 trading sessions.

Depth	Start	To Bottom	Bottom	To Recover	End	Total
-17.02%	Mar 20, 2025	14	Apr 8, 2025	44	Jun 11, 2025	58
-16.97%	Jun 8, 2022	76	Sep 26, 2022	46	Nov 30, 2022	122
-10.47%	Jun 16, 2021	23	Jul 19, 2021	62	Oct 14, 2021	85
-9.93%	Mar 6, 2023	10	Mar 17, 2023	19	Apr 14, 2023	29
-9.37%	Feb 10, 2022	17	Mar 7, 2022	64	Jun 7, 2022	81

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.

	Benchmark	K	GIS	OHI	SNY	BEP	IEP	BCH	MFG	UMC	ASX	EOG	FANG	IPG	PAA	HSBC	BP	CNQ	SHEL	STLA	BBVA	LYB	SAN	RF	ING	PRU	Portfolio
Benchmark	1.00	0.10	0.06	0.27	0.24	0.39	0.28	0.34	0.37	0.56	0.60	0.24	0.29	0.51	0.37	0.45	0.27	0.34	0.29	0.54	0.47	0.41	0.48	0.55	0.50	0.56	0.67
K	0.10	1.00	0.61	0.19	0.17	0.02	0.07	0.09	0.02	-0.08	-0.08	0.07	0.01	0.16	0.08	0.10	0.06	0.05	0.07	0.08	0.07	0.12	0.08	0.10	0.06	0.16	0.16
GIS	0.06	0.61	1.00	0.21	0.26	-0.01	0.07	0.03	0.00	-0.08	-0.12	0.08	0.04	0.20	0.08	0.08	0.06	0.04	0.07	0.09	0.05	0.16	0.07	0.09	0.07	0.16	0.16
OHI	0.27	0.19	0.21	1.00	0.17	0.19	0.16	0.14	0.12	0.14	0.14	0.13	0.09	0.29	0.24	0.17	0.14	0.15	0.16	0.18	0.18	0.20	0.19	0.26	0.22	0.28	0.32
SNY	0.24	0.17	0.26	0.17	1.00	0.17	0.14	0.16	0.18	0.13	0.12	0.09	0.07	0.22	0.12	0.28	0.16	0.14	0.19	0.31	0.25	0.20	0.28	0.19	0.31	0.21	0.33
BEP	0.39	0.02	-0.01	0.19	0.17	1.00	0.15	0.20	0.16	0.26	0.31	0.11	0.13	0.21	0.21	0.19	0.15	0.22	0.16	0.25	0.20	0.18	0.23	0.21	0.22	0.22	0.37
IEP	0.28	0.07	0.07	0.16	0.14	0.15	1.00	0.14	0.21	0.15	0.17	0.26	0.28	0.27	0.23	0.25	0.27	0.26	0.26	0.25	0.22	0.29	0.21	0.31	0.23	0.29	0.43
BCH	0.34	0.09	0.03	0.14	0.16	0.20	0.14	1.00	0.28	0.26	0.32	0.18	0.18	0.23	0.24	0.34	0.23	0.28	0.25	0.29	0.34	0.28	0.37	0.28	0.38	0.30	0.47
MFG	0.37	0.02	0.00	0.12	0.18	0.16	0.21	0.28	1.00	0.27	0.31	0.17	0.21	0.26	0.25	0.41	0.24	0.23	0.24	0.30	0.41	0.22	0.43	0.37	0.44	0.36	0.49
UMC	0.56	-0.08	-0.08	0.14	0.13	0.26	0.15	0.26	0.27	1.00	0.67	0.15	0.21	0.31	0.20	0.30	0.17	0.21	0.20	0.39	0.31	0.24	0.30	0.29	0.35	0.25	0.49
ASX	0.60	-0.08	-0.12	0.14	0.12	0.31	0.17	0.32	0.31	0.67	1.00	0.15	0.22	0.30	0.21	0.35	0.18	0.24	0.21	0.39	0.33	0.26	0.34	0.32	0.38	0.28	0.52
EOG	0.24	0.07	0.08	0.13	0.09	0.11	0.26	0.18	0.17	0.15	0.15	1.00	0.80	0.28	0.58	0.24	0.70	0.75	0.67	0.24	0.23	0.48	0.24	0.36	0.28	0.38	0.61
FANG	0.29	0.01	0.04	0.09	0.07	0.13	0.28	0.18	0.21	0.21	0.22	0.80	1.00	0.29	0.58	0.25	0.69	0.74	0.66	0.28	0.24	0.47	0.25	0.39	0.28	0.41	0.63
IPG	0.51	0.16	0.20	0.29	0.22	0.21	0.27	0.23	0.26	0.31	0.30	0.28	0.29	1.00	0.34	0.34	0.30	0.29	0.28	0.46	0.38	0.50	0.39	0.56	0.44	0.57	0.60
PAA	0.37	0.08	0.08	0.24	0.12	0.21	0.23	0.24	0.25	0.20	0.21	0.58	0.58	0.34	1.00	0.31	0.56	0.60	0.56	0.34	0.32	0.45	0.33	0.42	0.35	0.44	0.63
HSBC	0.45	0.10	0.08	0.17	0.28	0.19	0.25	0.34	0.41	0.30	0.35	0.24	0.25	0.34	0.31	1.00	0.35	0.29	0.36	0.44	0.58	0.37	0.64	0.49	0.65	0.51	0.64
BP	0.27	0.06	0.06	0.14	0.16	0.15	0.27	0.23	0.24	0.17	0.18	0.70	0.69	0.30	0.56	0.35	1.00	0.72	0.84	0.34	0.34	0.50	0.36	0.35	0.38	0.37	0.66
CNQ	0.34	0.05	0.04	0.15	0.14	0.22	0.26	0.28	0.23	0.21	0.24	0.75	0.74	0.29	0.60	0.29	0.72	1.00	0.71	0.31	0.29	0.51	0.32	0.37	0.34	0.39	0.67
SHEL	0.29	0.07	0.07	0.16	0.19	0.16	0.26	0.25	0.24	0.20	0.21	0.67	0.66	0.28	0.56	0.36	0.84	0.71	1.00	0.33	0.34	0.48	0.37	0.32	0.39	0.36	0.66
STLA	0.54	0.08	0.09	0.18	0.31	0.25	0.25	0.29	0.30	0.39	0.39	0.24	0.28	0.46	0.34	0.44	0.34	0.31	0.33	1.00	0.54	0.45	0.52	0.48	0.54	0.49	0.66
BBVA	0.47	0.07	0.05	0.18	0.25	0.20	0.22	0.34	0.41	0.31	0.33	0.23	0.24	0.38	0.32	0.58	0.34	0.29	0.34	0.54	1.00	0.37	0.82	0.48	0.72	0.49	0.66
LYB	0.41	0.12	0.16	0.20	0.20	0.18	0.29	0.28	0.22	0.24	0.26	0.48	0.47	0.50	0.45	0.37	0.50	0.51	0.48	0.45	0.37	1.00	0.38	0.52	0.41	0.57	0.67
SAN	0.48	0.08	0.07	0.19	0.28	0.23	0.21	0.37	0.43	0.30	0.34	0.24	0.25	0.39	0.33	0.64	0.36	0.32	0.37	0.52	0.82	0.38	1.00	0.52	0.75	0.51	0.69
RF	0.55	0.10	0.09	0.26	0.19	0.21	0.31	0.28	0.37	0.29	0.32	0.36	0.39	0.56	0.42	0.49	0.35	0.37	0.32	0.48	0.48	0.52	0.52	1.00	0.57	0.76	0.70
ING	0.50	0.06	0.07	0.22	0.31	0.22	0.23	0.38	0.44	0.35	0.38	0.28	0.28	0.44	0.35	0.65	0.38	0.34	0.39	0.54	0.72	0.41	0.75	0.57	1.00	0.56	0.72
PRU	0.56	0.16	0.16	0.28	0.21	0.22	0.29	0.30	0.36	0.25	0.28	0.38	0.41	0.57	0.44	0.51	0.37	0.39	0.36	0.49	0.49	0.57	0.51	0.76	0.56	1.00	0.71
Portfolio	0.67	0.16	0.16	0.32	0.33	0.37	0.43	0.47	0.49	0.49	0.52	0.61	0.63	0.60	0.63	0.64	0.66	0.67	0.66	0.66	0.66	0.67	0.69	0.70	0.72	0.71	1.00

The correlation results are calculated based on daily price changes starting from Jan 21, 2021

High Dividend

Asset Allocation

Performance

Performance Chart

Returns By Period

Monthly Returns

Benchmark Metrics

Expense Ratio

Return for Risk

Risk / Return Rank

Return / Risk — by metrics

Sharpe ratio

Sortino ratio

Omega ratio

Calmar ratio

Martin ratio

Sharpe Ratio

Dividends

Dividend yield

Drawdowns

Drawdowns Chart

Worst Drawdowns

Volatility

Volatility Chart

Diversification

Diversification Metrics

Number of Effective Assets

Asset Correlations Table