Daniel Gagnon

Asset Allocation

Position	Category/Sector	Target Weight
EFV iShares MSCI EAFE Value ETF	Foreign Large Cap Equities	9.09%
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund	Gold	9.09%
ITA iShares U.S. Aerospace & Defense ETF	Industrials Equities, Aerospace & Defense	9.09%
MSFT Microsoft Corporation	Technology	9.09%
NVDA NVIDIA Corporation	Technology	9.09%
THRO iShares U.S. Thematic Rotation Active ETF	Tactical Allocation	9.09%
TSM Taiwan Semiconductor Manufacturing Company Limited	Technology	9.09%
VGK Vanguard FTSE Europe ETF	Europe Equities	9.09%
VXUS Vanguard Total International Stock ETF	Foreign Large Cap Equities	9.09%
XLK State Street Technology Select Sector SPDR ETF	Technology Equities	9.09%
XLU Utilities Select Sector SPDR Fund	Utilities Equities	9.09%

Benchmark Against

Benchmark

S&P 500 Index

Rebalance

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Daniel Gagnon, 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 Mar 17, 2022, corresponding to the inception date of GDE

Returns By Period

	1D	1M	YTD	6M	1Y	3Y*	5Y*	10Y*
Benchmark S&P 500 Index	2.51%	-0.19%	-0.92%	0.43%	36.13%	18.22%	10.44%	12.72%
Portfolio Daniel Gagnon	3.15%	-0.03%	3.56%	4.21%	60.75%	32.15%	—	—
Portfolio components:
MSFT Microsoft Corporation	0.55%	-8.57%	-22.42%	-28.38%	6.38%	9.53%	8.80%	22.83%
NVDA NVIDIA Corporation	2.23%	-0.31%	-2.36%	-3.71%	89.12%	88.90%	66.19%	70.58%
TSM Taiwan Semiconductor Manufacturing Company Limited	5.96%	5.23%	20.74%	20.81%	161.96%	61.82%	26.48%	33.94%
VGK Vanguard FTSE Europe ETF	3.84%	2.96%	4.23%	8.66%	42.67%	15.86%	9.39%	9.57%
XLU Utilities Select Sector SPDR Fund	1.10%	0.55%	10.35%	4.54%	31.65%	13.68%	10.93%	10.16%
EFV iShares MSCI EAFE Value ETF	3.13%	4.15%	8.84%	16.50%	55.00%	21.93%	13.17%	10.16%
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund	3.53%	-6.26%	6.73%	13.94%	94.32%	45.99%	—	—
ITA iShares U.S. Aerospace & Defense ETF	3.97%	-4.00%	8.21%	7.98%	69.88%	27.59%	17.99%	15.92%
THRO iShares U.S. Thematic Rotation Active ETF	2.90%	0.63%	-1.41%	-0.14%	32.83%	20.40%	—	—
VXUS Vanguard Total International Stock ETF	4.11%	2.99%	7.79%	11.11%	50.91%	17.40%	8.25%	9.50%

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

Monthly Returns

Based on dividend-adjusted daily data since Mar 18, 2022, Daniel Gagnon's average daily return is +0.09%, while the average monthly return is +1.87%. At this rate, your investment would double in approximately 3.1 years.

Historically, 68% of months were positive and 32% were negative. The best month was Nov 2022 with a return of +12.8%, while the worst month was Sep 2022 at -11.8%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 3 months.

On a daily basis, Daniel Gagnon closed higher 54% of trading days. The best single day was Apr 9, 2025 with a return of +10.1%, while the worst single day was Apr 4, 2025 at -6.4%.

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Total
2026	3.49%	2.74%	-7.11%	4.84%									3.56%
2025	2.67%	-0.77%	-2.86%	2.27%	10.02%	7.23%	3.53%	0.79%	6.40%	3.51%	-1.84%	1.84%	37.18%
2024	3.14%	7.33%	5.68%	-2.60%	8.32%	3.37%	0.91%	2.70%	2.71%	-0.47%	2.70%	-2.24%	35.71%
2023	10.46%	-0.23%	7.56%	0.74%	3.91%	5.48%	2.88%	-2.39%	-6.04%	-0.24%	10.14%	4.40%	41.65%
2022			3.01%	-10.40%	0.52%	-8.73%	8.10%	-5.88%	-11.80%	5.71%	12.79%	-4.74%	-13.70%

Benchmark Metrics

Daniel Gagnon has an annualized alpha of 10.92%, beta of 1.05, and R² of 0.87 versus S&P 500 Index. Calculated based on daily prices since March 18, 2022.

This portfolio captured 137.85% of S&P 500 Index gains but only 89.32% of its losses — a favorable profile for investors.
This portfolio generated an annualized alpha of 10.92% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
With beta of 1.05 and R² of 0.87, this portfolio moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

Alpha: 10.92%

Beta: 1.05

R²: 0.87

Upside Capture: 137.85%

Downside Capture: 89.32%

Expense Ratio

Daniel Gagnon has an expense ratio of 0.18%, which is considered low. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.

THRO

iShares U.S. Thematic Rotation Active ETF

ITA

iShares U.S. Aerospace & Defense ETF

EFV

iShares MSCI EAFE Value ETF

GDE

WisdomTree Efficient Gold Plus Equity Strategy Fund

XLU

Utilities Select Sector SPDR Fund

VGK

Vanguard FTSE Europe ETF

XLK

State Street Technology Select Sector SPDR ETF

VXUS

Vanguard Total International Stock ETF

Return for Risk

Risk / Return Rank

Daniel Gagnon ranks 85 for risk / return — in the top 85% of portfolios on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

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	3.29	2.19	+1.10
Sortino ratio Return per unit of downside risk	4.85	3.49	+1.36
Omega ratio Gain probability vs. loss probability	1.66	1.48	+0.18
Calmar ratio Return relative to maximum drawdown	4.85	3.70	+1.15
Martin ratio Return relative to average drawdown	20.49	16.45	+4.05
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
MSFT Microsoft Corporation	38	0.25	0.54	1.08	0.14	0.37
NVDA NVIDIA Corporation	86	2.26	3.06	1.38	4.61	11.51
TSM Taiwan Semiconductor Manufacturing Company Limited	97	4.39	4.82	1.60	8.39	30.83
VGK Vanguard FTSE Europe ETF	77	2.63	3.94	1.50	3.11	12.41
XLU Utilities Select Sector SPDR Fund	59	2.17	2.96	1.38	3.17	7.89
EFV iShares MSCI EAFE Value ETF	92	3.59	5.13	1.70	4.59	18.52
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund	83	3.08	3.61	1.54	3.93	14.94
ITA iShares U.S. Aerospace & Defense ETF	89	3.26	4.51	1.56	4.58	17.90
THRO iShares U.S. Thematic Rotation Active ETF	59	1.95	3.13	1.41	2.83	12.39
VXUS Vanguard Total International Stock ETF	89	3.18	4.56	1.63	4.07	16.43

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.

Daniel Gagnon Sharpe ratios as of Apr 9, 2026 (values are recalculated daily):

1-Year: 3.29
All Time: 1.21

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 2.13 to 2.99, 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 Daniel Gagnon 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

Daniel Gagnon provided a 1.74% dividend yield over the last twelve months.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Portfolio	1.74%	1.84%	2.36%	1.92%	1.89%	1.53%	1.31%	1.96%	2.14%	1.73%	1.94%	2.02%
Portfolio components:
MSFT Microsoft Corporation	0.93%	0.70%	0.73%	0.74%	1.06%	0.68%	0.94%	1.20%	1.69%	1.86%	2.37%	2.33%
NVDA NVIDIA Corporation	0.02%	0.02%	0.03%	0.03%	0.11%	0.05%	0.12%	0.27%	0.46%	0.29%	0.45%	1.20%
TSM Taiwan Semiconductor Manufacturing Company Limited	0.91%	1.00%	1.18%	1.78%	2.49%	1.57%	1.56%	3.46%	3.64%	2.32%	2.61%	2.54%
VGK Vanguard FTSE Europe ETF	2.85%	2.86%	3.61%	3.15%	3.25%	3.05%	2.11%	3.27%	3.95%	2.70%	3.52%	3.25%
XLU Utilities Select Sector SPDR Fund	2.54%	2.71%	2.96%	3.39%	2.92%	2.79%	3.14%	2.95%	3.33%	3.33%	3.41%	3.67%
EFV iShares MSCI EAFE Value ETF	3.82%	4.16%	4.66%	4.36%	4.17%	4.07%	2.42%	4.62%	4.56%	3.56%	3.28%	3.59%
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund	4.05%	4.32%	7.14%	2.22%	0.81%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ITA iShares U.S. Aerospace & Defense ETF	0.46%	0.55%	0.85%	0.93%	0.95%	0.82%	1.07%	1.54%	1.13%	0.91%	1.07%	1.04%
THRO iShares U.S. Thematic Rotation Active ETF	0.18%	0.15%	0.73%	0.55%	0.90%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VXUS Vanguard Total International Stock ETF	2.82%	3.18%	3.37%	3.24%	3.09%	3.10%	2.14%	3.06%	3.18%	2.73%	2.93%	2.83%

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 Daniel Gagnon. 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 Daniel Gagnon was 29.14%, occurring on Oct 14, 2022. Recovery took 148 trading sessions.

The current Daniel Gagnon drawdown is 4.15%.

Depth	Start	To Bottom	Bottom	To Recover	End	Total
-29.14%	Mar 30, 2022	138	Oct 14, 2022	148	May 18, 2023	286
-17.04%	Jan 24, 2025	52	Apr 8, 2025	23	May 12, 2025	75
-11.93%	Feb 26, 2026	23	Mar 30, 2026	—	—	—
-10.63%	Jul 19, 2023	54	Oct 3, 2023	34	Nov 20, 2023	88
-9.94%	Jul 11, 2024	18	Aug 5, 2024	32	Sep 19, 2024	50

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 11 assets, with an effective number of assets of 11.00, 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	XLU	ITA	MSFT	TSM	GDE	NVDA	EFV	VGK	VXUS	XLK	THRO	Portfolio
Benchmark	1.00	0.40	0.63	0.74	0.64	0.64	0.69	0.66	0.73	0.76	0.91	0.96	0.91
XLU	0.40	1.00	0.42	0.20	0.14	0.35	0.09	0.41	0.39	0.39	0.23	0.34	0.37
ITA	0.63	0.42	1.00	0.37	0.38	0.45	0.37	0.50	0.51	0.53	0.50	0.63	0.61
MSFT	0.74	0.20	0.37	1.00	0.51	0.46	0.61	0.38	0.47	0.49	0.80	0.71	0.73
TSM	0.64	0.14	0.38	0.51	1.00	0.44	0.68	0.44	0.51	0.60	0.72	0.66	0.79
GDE	0.64	0.35	0.45	0.46	0.44	1.00	0.45	0.59	0.61	0.67	0.58	0.63	0.70
NVDA	0.69	0.09	0.37	0.61	0.68	0.45	1.00	0.38	0.46	0.51	0.81	0.72	0.81
EFV	0.66	0.41	0.50	0.38	0.44	0.59	0.38	1.00	0.93	0.93	0.52	0.63	0.69
VGK	0.73	0.39	0.51	0.47	0.51	0.61	0.46	0.93	1.00	0.94	0.61	0.70	0.76
VXUS	0.76	0.39	0.53	0.49	0.60	0.67	0.51	0.93	0.94	1.00	0.67	0.74	0.82
XLK	0.91	0.23	0.50	0.80	0.72	0.58	0.81	0.52	0.61	0.67	1.00	0.91	0.91
THRO	0.96	0.34	0.63	0.71	0.66	0.63	0.72	0.63	0.70	0.74	0.91	1.00	0.91
Portfolio	0.91	0.37	0.61	0.73	0.79	0.70	0.81	0.69	0.76	0.82	0.91	0.91	1.00

The correlation results are calculated based on daily price changes starting from Mar 18, 2022

Daniel Gagnon

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