magic - 13 august 2024
FANG TMUS TRGP WMT RSG GWW RTX TT VLTO MSI APH REGN AVGO
Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
AVGO Broadcom Inc. | Technology | 10% |
FANG Diamondback Energy, Inc. | Energy | 10% |
MSI Motorola Solutions, Inc. | Technology | 15% |
REGN Regeneron Pharmaceuticals, Inc. | Healthcare | 10% |
RSG Republic Services, Inc. | Industrials | 25% |
TRGP Targa Resources Corp. | Energy | 5% |
WMT Walmart Inc. | Consumer Defensive | 25% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in magic - 13 august 2024, 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.
The earliest data available for this chart is Oct 12, 2012, corresponding to the inception date of FANG
Returns By Period
As of Apr 21, 2025, the magic - 13 august 2024 returned -1.40% Year-To-Date and 21.80% of annualized return in the last 10 years.
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | -10.18% | -6.79% | -9.92% | 6.35% | 14.12% | 9.63% |
| magic - 13 august 2024 | -14.20% | -5.90% | -3.25% | 26.79% | 34.25% | 20.91% |
| Portfolio components: | ||||||
RSG Republic Services, Inc. | 21.57% | 4.51% | 19.42% | 29.61% | 27.94% | 22.05% |
WMT Walmart Inc. | 3.46% | 8.42% | 15.22% | 58.37% | 18.50% | 15.76% |
TRGP Targa Resources Corp. | -1.84% | -11.57% | 8.14% | 57.75% | 90.30% | 10.46% |
FANG Diamondback Energy, Inc. | -15.39% | -13.16% | -24.29% | -29.07% | 40.61% | 7.86% |
REGN Regeneron Pharmaceuticals, Inc. | -20.84% | -14.48% | -43.08% | -37.12% | 0.71% | 1.63% |
MSI Motorola Solutions, Inc. | -8.69% | -0.42% | -10.98% | 25.16% | 25.56% | 23.43% |
AVGO Broadcom Inc. | -26.02% | -10.78% | -4.40% | 43.67% | 51.22% | 33.51% |
Monthly Returns
The table below presents the monthly returns of magic - 13 august 2024, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | -0.64% | -4.69% | -8.88% | -0.57% | -14.20% | ||||||||
| 2024 | 4.15% | 9.12% | 4.23% | -1.55% | 2.45% | 11.94% | 0.87% | 4.25% | 1.13% | -1.40% | 1.86% | 16.42% | 66.32% |
| 2023 | 2.24% | 0.88% | 6.03% | 1.63% | 6.56% | 6.44% | 2.63% | 1.38% | -4.51% | 1.84% | 7.57% | 9.17% | 49.83% |
| 2022 | -7.16% | -0.73% | 8.36% | -6.62% | 3.15% | -10.70% | 8.20% | -0.37% | -5.89% | 8.38% | 7.47% | -3.55% | -2.10% |
| 2021 | 0.56% | 1.93% | 4.85% | 2.60% | 3.54% | 4.15% | 1.14% | 5.09% | -1.37% | 9.70% | 0.50% | 9.96% | 51.15% |
| 2020 | -2.01% | -6.20% | -15.78% | 11.90% | 5.62% | 2.08% | 2.41% | 6.57% | 0.07% | -3.53% | 11.99% | 3.34% | 13.88% |
| 2019 | 6.89% | 4.09% | 2.52% | 2.87% | -7.28% | 9.34% | -0.28% | 0.15% | -2.73% | 1.19% | 2.54% | 2.81% | 23.27% |
| 2018 | 1.02% | -3.11% | -0.43% | -1.08% | 1.02% | 3.90% | 0.73% | 0.64% | 5.29% | -7.34% | 3.44% | -4.80% | -1.45% |
| 2017 | 3.22% | 2.89% | 3.77% | -0.28% | 2.43% | -0.50% | 4.25% | -0.45% | -0.45% | 4.38% | 2.64% | 2.42% | 26.96% |
| 2016 | -2.98% | -0.07% | 6.32% | 1.68% | 3.58% | 0.20% | 2.51% | 3.77% | 0.55% | -3.18% | 7.78% | 0.24% | 21.71% |
| 2015 | 1.10% | 6.54% | 2.13% | -0.96% | 3.64% | -4.08% | 0.16% | -3.19% | -2.60% | 5.96% | 1.53% | -1.18% | 8.75% |
| 2014 | -1.56% | 10.34% | 0.79% | 2.93% | 3.66% | 6.18% | -2.65% | 5.82% | -1.56% | -1.38% | 0.40% | 2.14% | 27.21% |
Expense Ratio
magic - 13 august 2024 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.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 90, magic - 13 august 2024 is among the top 10% of portfolios on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
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 | |
|---|---|---|---|---|---|
RSG Republic Services, Inc. | 1.77 | 2.30 | 1.34 | 3.65 | 9.98 |
WMT Walmart Inc. | 2.32 | 3.15 | 1.44 | 2.62 | 9.19 |
TRGP Targa Resources Corp. | 1.67 | 1.98 | 1.30 | 2.18 | 7.56 |
FANG Diamondback Energy, Inc. | -0.79 | -0.95 | 0.87 | -0.72 | -1.80 |
REGN Regeneron Pharmaceuticals, Inc. | -1.32 | -1.86 | 0.77 | -0.68 | -1.28 |
MSI Motorola Solutions, Inc. | 1.16 | 1.66 | 1.25 | 1.17 | 3.40 |
AVGO Broadcom Inc. | 0.48 | 1.15 | 1.15 | 0.73 | 2.19 |
Dividends
Dividend yield
magic - 13 august 2024 provided a 1.29% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 1.29% | 1.24% | 1.64% | 2.01% | 1.28% | 1.88% | 1.97% | 2.19% | 1.89% | 2.04% | 2.51% | 1.76% |
| Portfolio components: | ||||||||||||
RSG Republic Services, Inc. | 0.94% | 0.82% | 1.25% | 1.48% | 1.27% | 1.72% | 1.74% | 2.00% | 1.97% | 2.17% | 2.64% | 2.68% |
WMT Walmart Inc. | 0.92% | 0.92% | 1.45% | 1.58% | 1.52% | 1.50% | 1.78% | 2.23% | 2.07% | 2.87% | 3.17% | 2.22% |
TRGP Targa Resources Corp. | 1.72% | 1.54% | 2.13% | 1.90% | 0.77% | 4.59% | 8.92% | 10.11% | 7.52% | 6.49% | 12.53% | 2.52% |
FANG Diamondback Energy, Inc. | 4.51% | 5.06% | 5.15% | 6.55% | 1.62% | 3.10% | 0.74% | 0.40% | 0.00% | 0.00% | 0.00% | 0.00% |
REGN Regeneron Pharmaceuticals, Inc. | 0.16% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MSI Motorola Solutions, Inc. | 0.98% | 0.87% | 1.16% | 1.26% | 1.07% | 1.55% | 1.46% | 1.85% | 2.14% | 2.05% | 2.09% | 1.94% |
AVGO Broadcom Inc. | 1.31% | 0.94% | 1.71% | 3.02% | 2.24% | 3.05% | 3.54% | 3.11% | 1.87% | 1.43% | 1.13% | 1.22% |
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 magic - 13 august 2024. 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 magic - 13 august 2024 was 33.25%, occurring on Mar 23, 2020. Recovery took 113 trading sessions.
The current magic - 13 august 2024 drawdown is 8.16%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -33.25% | Feb 20, 2020 | 23 | Mar 23, 2020 | 113 | Sep 1, 2020 | 136 |
| -26.61% | Jan 27, 2025 | 49 | Apr 4, 2025 | — | — | — |
| -16.26% | Dec 30, 2021 | 118 | Jun 17, 2022 | 114 | Nov 30, 2022 | 232 |
| -15.46% | Oct 4, 2018 | 56 | Dec 24, 2018 | 35 | Feb 14, 2019 | 91 |
| -14.35% | Jun 2, 2015 | 177 | Feb 11, 2016 | 32 | Mar 30, 2016 | 209 |
Volatility
Volatility Chart
The current magic - 13 august 2024 volatility is 17.27%, 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
| REGN | WMT | FANG | TRGP | RSG | AVGO | MSI | |
|---|---|---|---|---|---|---|---|
| REGN | 1.00 | 0.21 | 0.16 | 0.15 | 0.22 | 0.29 | 0.27 |
| WMT | 0.21 | 1.00 | 0.10 | 0.15 | 0.35 | 0.21 | 0.30 |
| FANG | 0.16 | 0.10 | 1.00 | 0.56 | 0.15 | 0.25 | 0.23 |
| TRGP | 0.15 | 0.15 | 0.56 | 1.00 | 0.21 | 0.29 | 0.27 |
| RSG | 0.22 | 0.35 | 0.15 | 0.21 | 1.00 | 0.26 | 0.45 |
| AVGO | 0.29 | 0.21 | 0.25 | 0.29 | 0.26 | 1.00 | 0.41 |
| MSI | 0.27 | 0.30 | 0.23 | 0.27 | 0.45 | 0.41 | 1.00 |