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Metal Fab
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Diversification

Metal Fab

Last updated Sep 20, 2024

Asset Allocation

ATI 12.5%MLI 12.5%CRS 12.5%ESAB 12.5%WOR 12.5%PRLB 12.5%RYI 12.5%CMPO 12.5%EquityEquity
PositionCategory/SectorWeight
ATI
Allegheny Technologies Incorporated		Industrials
12.50%
CMPO
CompoSecure, Inc.		Industrials
12.50%
CRS
Carpenter Technology Corporation		Industrials
12.50%
ESAB
ESAB Corp		Industrials
12.50%
MLI
Mueller Industries, Inc.		Industrials
12.50%
PRLB
Proto Labs, Inc.		Industrials
12.50%
RYI
Ryerson Holding Corporation		Industrials
12.50%
WOR
Worthington Industries, Inc.		Industrials
12.50%

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Metal Fab, 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

-5.00%0.00%5.00%10.00%15.00%20.00%AprilMayJuneJulyAugustSeptember
23.18%
9.00%
Metal Fab
Benchmark (^GSPC)
Portfolio components

The earliest data available for this chart is Mar 29, 2022, corresponding to the inception date of ESAB

Returns By Period

Year-To-Date1 month6 months1 year5 years (annualized)10 years (annualized)
^GSPC
S&P 500		19.79%2.08%9.01%29.79%13.85%11.12%
Metal Fab34.14%8.29%23.18%58.61%N/AN/A
Portfolio components:
ATI
Allegheny Technologies Incorporated		42.25%2.00%32.51%51.09%26.00%5.06%
MLI
Mueller Industries, Inc.		57.86%8.84%36.77%102.90%40.61%20.15%
CRS
Carpenter Technology Corporation		120.49%9.66%127.47%128.78%26.35%14.21%
ESAB
ESAB Corp		22.46%7.41%-1.89%49.95%N/AN/A
WOR
Worthington Industries, Inc.		-18.35%5.32%-30.02%12.13%17.51%9.36%
PRLB
Proto Labs, Inc.		-22.77%1.69%-14.15%13.55%-22.18%-8.19%
RYI
Ryerson Holding Corporation		-39.91%9.08%-35.55%-28.01%19.69%4.88%
CMPO
CompoSecure, Inc.		161.07%16.34%106.11%110.42%N/AN/A

Monthly Returns

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

JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-4.71%5.67%10.14%-0.67%3.03%-5.51%18.46%1.09%34.14%
202322.19%4.57%1.46%-0.44%-4.89%18.33%2.38%-6.14%-4.62%-5.20%14.91%11.14%61.16%
2022-1.75%-4.24%-1.52%-14.69%12.11%1.22%-11.81%14.33%2.43%-5.24%-12.23%

Expense Ratio

Metal Fab 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.

The portfolio doesn't hold funds that charge fees

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of Metal Fab is 61, 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 Metal Fab is 6161
Metal Fab
The Sharpe Ratio Rank of Metal Fab is 6262Sharpe Ratio Rank
The Sortino Ratio Rank of Metal Fab is 5454Sortino Ratio Rank
The Omega Ratio Rank of Metal Fab is 5454Omega Ratio Rank
The Calmar Ratio Rank of Metal Fab is 8181Calmar Ratio Rank
The Martin Ratio Rank of Metal Fab 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.

Metal Fab
Sharpe ratio
The chart of Sharpe ratio for Metal Fab, currently valued at 2.30, compared to the broader market-1.000.001.002.003.004.002.30
Sortino ratio
The chart of Sortino ratio for Metal Fab, currently valued at 3.01, compared to the broader market-2.000.002.004.006.003.01
Omega ratio
The chart of Omega ratio for Metal Fab, currently valued at 1.39, compared to the broader market0.801.001.201.401.601.801.39
Calmar ratio
The chart of Calmar ratio for Metal Fab, currently valued at 3.14, compared to the broader market0.002.004.006.008.003.14
Martin ratio
The chart of Martin ratio for Metal Fab, currently valued at 12.76, compared to the broader market0.0010.0020.0030.0012.76
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.23, compared to the broader market-1.000.001.002.003.004.002.23
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 3.00, compared to the broader market-2.000.002.004.006.003.00
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.40, compared to the broader market0.801.001.201.401.601.801.40
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 2.02, compared to the broader market0.002.004.006.008.002.02
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 13.08, compared to the broader market0.0010.0020.0030.0013.08
Portfolio components
Sharpe ratioSortino ratioOmega ratioCalmar ratioMartin ratio
ATI
Allegheny Technologies Incorporated		1.271.991.241.917.04
MLI
Mueller Industries, Inc.		3.484.151.524.3229.22
CRS
Carpenter Technology Corporation		3.093.611.456.5417.26
ESAB
ESAB Corp		1.662.231.302.465.34
WOR
Worthington Industries, Inc.		0.320.701.090.320.64
PRLB
Proto Labs, Inc.		0.250.791.100.200.71
RYI
Ryerson Holding Corporation		-0.68-0.790.90-0.52-1.16
CMPO
CompoSecure, Inc.		2.033.451.432.787.63

Sharpe Ratio

The current Metal Fab Sharpe ratio is 2.30. 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 1.88 to 2.55, 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 Metal Fab 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 Ratio1.001.502.002.503.00AprilMayJuneJulyAugustSeptember
2.30
2.23
Metal Fab
Benchmark (^GSPC)
Portfolio components

Dividends

Dividend yield

Metal Fab granted a 1.15% dividend yield in the last twelve months.

TTM20232022202120202019201820172016201520142013
Metal Fab1.15%0.76%1.15%0.78%0.72%0.64%0.80%1.61%0.75%1.42%0.82%0.58%
Portfolio components:
ATI
Allegheny Technologies Incorporated		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%1.51%5.51%2.07%2.02%
MLI
Mueller Industries, Inc.		1.02%1.27%2.54%0.88%1.14%1.26%1.71%9.57%0.87%1.02%0.81%0.73%
CRS
Carpenter Technology Corporation		0.52%1.13%2.17%2.74%2.75%1.61%2.13%1.41%1.99%2.38%1.46%1.16%
ESAB
ESAB Corp		0.25%0.27%0.32%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
WOR
Worthington Industries, Inc.		1.48%1.35%2.37%1.99%1.91%2.23%2.53%1.86%1.64%2.46%2.19%0.71%
PRLB
Proto Labs, 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%
RYI
Ryerson Holding Corporation		3.68%2.07%1.77%0.63%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
CMPO
CompoSecure, Inc.		2.23%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. Drawdowns are calculated considering price movements and all distributions paid, if any.

-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%AprilMayJuneJulyAugustSeptember00
Metal Fab
Benchmark (^GSPC)
Portfolio components

Worst Drawdowns

The table below displays the maximum drawdowns of the Metal Fab. 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 Metal Fab was 28.01%, occurring on Jul 6, 2022. Recovery took 142 trading sessions.

Depth

Start

To Bottom

Bottom

To Recover

End

Total

-28.01%Apr 21, 202252Jul 6, 2022142Jan 27, 2023194
-18.13%Jul 19, 202370Oct 25, 202327Dec 4, 202397
-11.75%Aug 1, 20245Aug 7, 202412Aug 23, 202417
-11.72%Mar 6, 202310Mar 17, 202356Jun 7, 202366
-10.24%May 22, 202417Jun 14, 202420Jul 16, 202437

Volatility

Volatility Chart

The current Metal Fab volatility is 7.93%, 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%4.00%6.00%8.00%10.00%12.00%14.00%AprilMayJuneJulyAugustSeptember
7.93%
4.31%
Metal Fab
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.
CMPOESABPRLBRYIATIMLIWORCRS
CMPO1.000.190.290.200.200.210.190.24
ESAB0.191.000.460.370.470.530.480.48
PRLB0.290.461.000.410.460.520.490.45
RYI0.200.370.411.000.520.510.600.52
ATI0.200.470.460.521.000.510.550.72
MLI0.210.530.520.510.511.000.600.55
WOR0.190.480.490.600.550.601.000.61
CRS0.240.480.450.520.720.550.611.00
The correlation results are calculated based on daily price changes starting from Mar 30, 2022