Banking
Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
BAC Bank of America Corporation | Financial Services | 14.29% |
BBVA Banco Bilbao Vizcaya Argentaria, S.A. | Financial Services | 14.29% |
CRIN.DE UniCredit SpA | Financial Services | 14.29% |
GS The Goldman Sachs Group, Inc. | Financial Services | 14.29% |
IES.DE Intesa Sanpaolo S.p.A | Financial Services | 14.29% |
JPM JPMorgan Chase & Co. | Financial Services | 14.29% |
MS Morgan Stanley | Financial Services | 14.29% |
Performance
Performance Chart
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The earliest data available for this chart is May 24, 1999, corresponding to the inception date of CRIN.DE
Returns By Period
As of May 14, 2025, the Banking returned 25.06% Year-To-Date and 14.66% of annualized return in the last 10 years.
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | 0.08% | 9.75% | -1.63% | 12.74% | 15.66% | 10.77% |
| Banking | 25.06% | 18.20% | 23.28% | 45.36% | 38.28% | 14.66% |
| Portfolio components: | ||||||
BAC Bank of America Corporation | 1.39% | 23.17% | -2.30% | 18.75% | 17.76% | 12.53% |
GS The Goldman Sachs Group, Inc. | 5.97% | 22.12% | 2.91% | 36.06% | 30.50% | 13.43% |
JPM JPMorgan Chase & Co. | 10.97% | 11.35% | 11.04% | 35.41% | 27.39% | 17.60% |
CRIN.DE UniCredit SpA | 58.85% | 21.16% | 53.19% | 68.39% | 61.12% | 9.84% |
IES.DE Intesa Sanpaolo S.p.A | 35.79% | 16.72% | 41.75% | 52.09% | 42.01% | 12.65% |
MS Morgan Stanley | 4.40% | 20.60% | -0.80% | 35.43% | 31.22% | 15.87% |
BBVA Banco Bilbao Vizcaya Argentaria, S.A. | 57.74% | 13.28% | 62.41% | 51.11% | 45.88% | 9.23% |
Monthly Returns
The table below presents the monthly returns of Banking , 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 | 11.35% | 5.27% | -2.99% | 1.45% | 8.40% | 25.06% | |||||||
| 2024 | 2.11% | 4.81% | 11.78% | -1.00% | 6.70% | -2.96% | 7.42% | 1.72% | 0.04% | 3.43% | 5.39% | -1.89% | 43.37% |
| 2023 | 15.01% | 2.13% | -8.73% | 5.66% | -6.21% | 9.57% | 8.87% | -6.02% | -2.10% | -3.01% | 14.10% | 6.66% | 37.63% |
| 2022 | 3.09% | -9.24% | -6.26% | -9.06% | 9.98% | -14.65% | 4.98% | -0.44% | -4.66% | 15.40% | 12.92% | -3.91% | -6.59% |
| 2021 | -2.14% | 16.42% | 3.21% | 4.17% | 10.23% | -2.76% | 0.01% | 6.26% | -0.76% | 6.13% | -10.65% | 6.78% | 40.20% |
| 2020 | -3.32% | -9.51% | -29.65% | 9.98% | 8.15% | 5.03% | 0.98% | 3.22% | -7.13% | -3.58% | 33.37% | 5.87% | 1.33% |
| 2019 | 10.21% | 4.35% | -3.70% | 10.98% | -12.79% | 6.71% | 1.61% | -5.77% | 5.83% | 6.00% | 4.79% | 5.16% | 35.38% |
| 2018 | 10.75% | -3.41% | -3.73% | -0.02% | -8.91% | -2.53% | 7.59% | -7.30% | 0.39% | -8.44% | -1.36% | -10.87% | -26.32% |
| 2017 | -1.93% | 3.68% | 3.35% | 2.95% | -0.43% | 7.19% | 4.20% | -1.00% | 4.81% | 0.96% | 1.92% | 1.06% | 29.81% |
| 2016 | -16.36% | -5.94% | 4.41% | 7.99% | -3.85% | -13.06% | 7.16% | 9.28% | -4.32% | 8.72% | 8.14% | 10.34% | 7.79% |
| 2015 | -9.41% | 10.12% | 0.84% | 3.02% | 3.66% | 0.60% | 1.55% | -6.66% | -6.15% | 4.72% | -0.13% | -5.04% | -4.50% |
| 2014 | -0.94% | 4.66% | 5.28% | -3.02% | 0.31% | 0.29% | -1.17% | 2.25% | 2.00% | -3.21% | 1.75% | -0.39% | 7.68% |
Expense Ratio
Banking 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 92, Banking is among the top 8% 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 | |
|---|---|---|---|---|---|
BAC Bank of America Corporation | 0.64 | 0.86 | 1.13 | 0.52 | 1.57 |
GS The Goldman Sachs Group, Inc. | 1.04 | 1.46 | 1.21 | 1.01 | 3.37 |
JPM JPMorgan Chase & Co. | 1.21 | 1.81 | 1.26 | 1.43 | 4.82 |
CRIN.DE UniCredit SpA | 1.86 | 2.37 | 1.33 | 0.82 | 8.92 |
IES.DE Intesa Sanpaolo S.p.A | 1.79 | 2.21 | 1.30 | 2.29 | 9.05 |
MS Morgan Stanley | 1.03 | 1.45 | 1.21 | 1.08 | 3.40 |
BBVA Banco Bilbao Vizcaya Argentaria, S.A. | 1.52 | 1.90 | 1.26 | 2.30 | 6.39 |
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Dividends
Dividend yield
Banking provided a 3.59% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 3.59% | 4.57% | 4.25% | 4.19% | 3.13% | 4.41% | 3.46% | 4.69% | 2.35% | 3.17% | 2.25% | 2.12% |
| Portfolio components: | ||||||||||||
BAC Bank of America Corporation | 2.30% | 2.28% | 2.73% | 2.60% | 1.75% | 2.38% | 1.87% | 2.19% | 1.32% | 1.13% | 1.19% | 0.67% |
GS The Goldman Sachs Group, Inc. | 1.95% | 2.01% | 2.72% | 2.62% | 1.70% | 1.90% | 1.80% | 1.89% | 1.14% | 1.09% | 1.41% | 1.16% |
JPM JPMorgan Chase & Co. | 1.92% | 1.92% | 2.38% | 2.98% | 2.34% | 2.83% | 2.37% | 2.54% | 1.91% | 2.13% | 2.54% | 2.49% |
CRIN.DE UniCredit SpA | 4.35% | 7.08% | 4.02% | 4.04% | 0.88% | 8.19% | 2.07% | 3.25% | 0.00% | 4.35% | 2.32% | 1.87% |
IES.DE Intesa Sanpaolo S.p.A | 6.58% | 8.32% | 8.84% | 7.31% | 10.33% | 10.02% | 8.35% | 14.49% | 6.42% | 5.83% | 2.26% | 2.05% |
MS Morgan Stanley | 2.86% | 2.82% | 3.49% | 3.47% | 2.14% | 2.04% | 2.54% | 2.77% | 1.72% | 1.66% | 1.73% | 0.90% |
BBVA Banco Bilbao Vizcaya Argentaria, S.A. | 5.15% | 7.55% | 5.58% | 6.28% | 2.79% | 3.53% | 5.20% | 5.67% | 3.92% | 6.02% | 4.29% | 5.71% |
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 Banking . 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 Banking was 75.95%, occurring on Mar 9, 2009. Recovery took 2282 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -75.95% | May 7, 2007 | 475 | Mar 9, 2009 | 2282 | Jan 10, 2018 | 2757 |
| -50.95% | Feb 2, 2001 | 433 | Oct 9, 2002 | 318 | Jan 5, 2004 | 751 |
| -50.04% | Jan 30, 2018 | 554 | Mar 23, 2020 | 227 | Feb 8, 2021 | 781 |
| -37.65% | Feb 11, 2022 | 109 | Jul 14, 2022 | 258 | Jul 13, 2023 | 367 |
| -23.07% | Sep 12, 2000 | 52 | Nov 22, 2000 | 49 | Feb 1, 2001 | 101 |
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 7 assets, with an effective number of assets of 7.00, reflecting the diversification based on asset allocation. This number of effective assets indicates a moderate level of diversification, where some assets may have a more significant influence on overall performance.
Asset Correlations Table
| ^GSPC | IES.DE | CRIN.DE | BBVA | BAC | GS | JPM | MS | Portfolio | |
|---|---|---|---|---|---|---|---|---|---|
| ^GSPC | 1.00 | 0.21 | 0.29 | 0.59 | 0.64 | 0.68 | 0.69 | 0.69 | 0.70 |
| IES.DE | 0.21 | 1.00 | 0.54 | 0.36 | 0.23 | 0.23 | 0.23 | 0.23 | 0.55 |
| CRIN.DE | 0.29 | 0.54 | 1.00 | 0.44 | 0.29 | 0.29 | 0.28 | 0.29 | 0.61 |
| BBVA | 0.59 | 0.36 | 0.44 | 1.00 | 0.51 | 0.50 | 0.53 | 0.51 | 0.73 |
| BAC | 0.64 | 0.23 | 0.29 | 0.51 | 1.00 | 0.66 | 0.77 | 0.69 | 0.76 |
| GS | 0.68 | 0.23 | 0.29 | 0.50 | 0.66 | 1.00 | 0.71 | 0.79 | 0.77 |
| JPM | 0.69 | 0.23 | 0.28 | 0.53 | 0.77 | 0.71 | 1.00 | 0.72 | 0.78 |
| MS | 0.69 | 0.23 | 0.29 | 0.51 | 0.69 | 0.79 | 0.72 | 1.00 | 0.79 |
| Portfolio | 0.70 | 0.55 | 0.61 | 0.73 | 0.76 | 0.77 | 0.78 | 0.79 | 1.00 |
Recent discussions
PortfoliosLab Trends Portfolio Rebalance (October 2023)
The PortfoliosLab Trends Portfolio has been rebalanced today. Every three months, we analyze all user portfolios on PortfoliosLab, select the top 10 symbols that make up those portfolios, and weigh them by popularity.
In this update, the Invesco QQQ ETF has been newly added with a weight of 7.33%. The Schwab US Dividend Equity ETF has been removed; it previously held a weight of 6.95%.
Other noteworthy changes include a drop in the Vanguard Total Stock Market ETF popularity from 11.35% to 10.62% and a rise in the iShares Core S&P Mid-Cap ETF from 11.87% to 12.42%. But overall, the portfolio remains stable, with other changes in it being relatively minor.
Previous allocation
New allocation
The portfolio remains heavily weighted in technology, with symbols like AAPL, MSFT, and NVDA, which suggests a generally bullish sentiment on the tech sector. The addition of QQQ, which tracks the NASDAQ-100 Index, further reinforces this focus. The removal of SCHD could signal a shift away from dividend-yielding stocks towards growth or sector-specific assets.
Stay tuned for our next rebalancing update in three months to see how market trends continue to influence this unique portfolio.
Dmitry Shevchenko
How is Sharpe ratio calculated?
The highest sharpe ratio portfolioi in User portfolios holds only ultrashort treasuries and show a sharpe ratio of 7+. But my understanding is the Sharpe ratio is the return less the risk-free rate divided by the standard deviation of returns. But short-term treasuries ARE the risk free rate, so the Sharpe ratio should be zero since the risk free rate minus the risk free rate is zero. So are you simply ignoring the risk-free rate and dividing returns by the standard deviation???
Addendum:
Just input my portfolio and asked that your site optimize it for Sharpe ratio. I have ready cash in USFR, and ETF that holds US floating rate notes exclusively. The optimization recommended I put over 99% in USFR. However, the interest rate on floating rate notes is based on the three month treasury, so again, USFR has a Sharpe ratio of zero! Please correct this!
Bob Peticolas
Why did my stock chart get weird?
Obviously, even though
I set the section of the chart to MAX,
only very limited sections of the chart appear.
What's the problem? I think it's a problem
with my plan, so I upgraded it to PLUS,
but there's no change.
늑대콘