Labor Day 2023
Asset Allocation
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Labor Day 2023, 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
The earliest data available for this chart is May 15, 2018, corresponding to the inception date of INDS
Returns By Period
| Year-To-Date | 1 month | 6 months | 1 year | 5 years (annualized) | 10 years (annualized) | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | 22.95% | 4.39% | 18.07% | 37.09% | 14.48% | 11.71% |
| Labor Day 2023 | 17.49% | 2.22% | 12.34% | 34.82% | 17.70% | N/A |
| Portfolio components: | ||||||
MRFOX Marshfield Concentrated Opportunity Fund | 17.78% | 1.53% | 8.55% | 30.48% | 15.86% | N/A |
LSGRX Loomis Sayles Growth Fund | 24.80% | 3.13% | 18.76% | 44.79% | 18.54% | 16.32% |
ATRFX Catalyst Systematic Alpha Class I | 1.36% | -0.53% | -5.74% | 10.36% | 13.86% | 6.40% |
PTNQ Pacer Trendpilot 100 ETF | 13.04% | 1.65% | 10.79% | 22.32% | 15.77% | N/A |
INDS Pacer Benchmark Industrial Real Estate SCTR ETF | 1.04% | -3.73% | 17.14% | 29.68% | 7.23% | N/A |
LRGE ClearBridge Large Cap Growth ESG ETF | 25.68% | 3.42% | 18.14% | 46.57% | 17.25% | N/A |
CWS AdvisorShares Focused Equity ETF | 18.41% | 2.88% | 16.10% | 39.77% | 15.14% | N/A |
DGRW WisdomTree U.S. Dividend Growth Fund | 21.90% | 2.67% | 17.11% | 37.07% | 15.58% | 13.71% |
HEWJ iShares Currency Hedged MSCI Japan ETF | 20.89% | 2.29% | 3.84% | 28.90% | 15.27% | 11.69% |
XLG Invesco S&P 500® Top 50 ETF | 29.04% | 2.82% | 20.64% | 44.43% | 19.09% | 15.43% |
PAVE Global X US Infrastructure Development ETF | 23.57% | 4.97% | 13.43% | 48.68% | 21.48% | N/A |
OBMCX Oberweis Micro Cap Fund | 20.10% | 1.92% | 24.71% | 43.44% | 22.32% | 17.00% |
FMIMX FMI Common Stock Fund | 14.50% | 4.19% | 10.55% | 33.95% | 14.07% | 10.98% |
HEDJ WisdomTree Europe Hedged Equity Fund | 6.74% | 2.39% | -2.97% | 20.72% | 8.68% | 8.95% |
MOWIX Moerus Worldwide Value Fund | 20.16% | 3.52% | 14.32% | 37.81% | 30.42% | N/A |
Monthly Returns
The table below presents the monthly returns of Labor Day 2023, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.96% | 4.89% | 3.46% | -4.02% | 4.02% | 1.18% | 2.12% | 1.08% | 1.69% | 17.49% | |||
| 2023 | 8.55% | -0.85% | 2.16% | 0.53% | 0.98% | 7.46% | 2.82% | -1.61% | -4.15% | -3.48% | 8.91% | 5.68% | 29.20% |
| 2022 | -5.97% | -2.04% | 2.94% | -5.99% | -0.51% | -6.88% | 8.31% | -3.02% | -7.82% | 8.19% | 6.15% | -4.47% | -12.28% |
| 2021 | -0.56% | 4.21% | 4.32% | 4.00% | 1.48% | 1.15% | 2.14% | 2.15% | -3.85% | 5.65% | -1.22% | 12.31% | 35.70% |
| 2020 | -0.67% | -7.72% | -13.23% | 9.80% | 5.17% | 2.67% | 4.63% | 5.91% | -2.43% | -1.76% | 11.24% | 4.93% | 16.89% |
| 2019 | 8.00% | 7.36% | 5.84% | 7.43% | -6.02% | 6.43% | 1.30% | -2.40% | 1.54% | 2.40% | 3.53% | 1.97% | 43.10% |
| 2018 | 0.00% | 0.07% | 2.72% | 2.43% | -0.24% | -7.36% | 1.79% | -7.85% | -8.73% |
Expense Ratio
Labor Day 2023 features an expense ratio of 0.80%, falling within the medium range. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of Labor Day 2023 is 44, 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.
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 | |
|---|---|---|---|---|---|
MRFOX Marshfield Concentrated Opportunity Fund | 3.06 | 4.32 | 1.57 | 4.96 | 18.01 |
LSGRX Loomis Sayles Growth Fund | 2.49 | 3.22 | 1.45 | 3.38 | 13.81 |
ATRFX Catalyst Systematic Alpha Class I | 0.45 | 0.63 | 1.11 | 0.39 | 1.15 |
PTNQ Pacer Trendpilot 100 ETF | 2.22 | 3.05 | 1.41 | 2.76 | 10.39 |
INDS Pacer Benchmark Industrial Real Estate SCTR ETF | 1.32 | 2.02 | 1.24 | 0.62 | 3.65 |
LRGE ClearBridge Large Cap Growth ESG ETF | 3.03 | 3.97 | 1.54 | 2.50 | 19.70 |
CWS AdvisorShares Focused Equity ETF | 3.14 | 4.29 | 1.54 | 2.85 | 19.61 |
DGRW WisdomTree U.S. Dividend Growth Fund | 3.23 | 4.46 | 1.60 | 3.50 | 21.53 |
HEWJ iShares Currency Hedged MSCI Japan ETF | 1.37 | 1.78 | 1.26 | 1.30 | 4.61 |
XLG Invesco S&P 500® Top 50 ETF | 2.82 | 3.67 | 1.51 | 3.68 | 15.24 |
PAVE Global X US Infrastructure Development ETF | 2.53 | 3.30 | 1.42 | 3.37 | 13.30 |
OBMCX Oberweis Micro Cap Fund | 1.71 | 2.38 | 1.29 | 1.75 | 9.73 |
FMIMX FMI Common Stock Fund | 1.85 | 2.61 | 1.32 | 2.68 | 10.20 |
HEDJ WisdomTree Europe Hedged Equity Fund | 1.37 | 1.92 | 1.25 | 1.51 | 4.42 |
MOWIX Moerus Worldwide Value Fund | 2.31 | 3.21 | 1.40 | 2.98 | 10.08 |
Dividends
Dividend yield
Labor Day 2023 granted a 1.79% dividend yield in the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Labor Day 2023 | 1.79% | 1.99% | 6.03% | 7.93% | 2.63% | 7.96% | 3.81% | 2.48% | 1.18% | 2.17% | 2.23% | 0.37% |
| Portfolio components: | ||||||||||||
MRFOX Marshfield Concentrated Opportunity Fund | 0.39% | 0.46% | 0.35% | 6.78% | 2.70% | 1.39% | 1.94% | 2.06% | 0.60% | 0.00% | 0.00% | 0.00% |
LSGRX Loomis Sayles Growth Fund | 4.83% | 6.02% | 16.47% | 4.73% | 4.41% | 2.70% | 5.82% | 2.41% | 1.48% | 0.54% | 0.68% | 0.30% |
ATRFX Catalyst Systematic Alpha Class I | 3.69% | 1.87% | 4.98% | 5.43% | 20.92% | 3.04% | 1.37% | 0.00% | 0.91% | 1.02% | 0.64% | 0.00% |
PTNQ Pacer Trendpilot 100 ETF | 1.30% | 1.47% | 0.62% | 0.00% | 0.16% | 0.44% | 0.45% | 0.32% | 0.30% | 0.22% | 0.00% | 0.00% |
INDS Pacer Benchmark Industrial Real Estate SCTR ETF | 2.15% | 3.11% | 2.16% | 1.24% | 1.68% | 2.26% | 1.81% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
LRGE ClearBridge Large Cap Growth ESG ETF | 0.09% | 0.11% | 2.01% | 1.20% | 0.37% | 0.37% | 2.14% | 0.37% | 0.00% | 0.00% | 0.00% | 0.00% |
CWS AdvisorShares Focused Equity ETF | 0.21% | 0.25% | 0.50% | 0.16% | 0.27% | 0.39% | 2.61% | 0.29% | 0.03% | 0.00% | 0.00% | 0.00% |
DGRW WisdomTree U.S. Dividend Growth Fund | 1.47% | 1.74% | 2.15% | 1.78% | 1.91% | 2.20% | 2.42% | 1.73% | 2.13% | 2.18% | 1.79% | 1.05% |
HEWJ iShares Currency Hedged MSCI Japan ETF | 1.93% | 2.02% | 47.68% | 2.03% | 1.20% | 2.77% | 1.37% | 1.21% | 1.88% | 3.25% | 2.15% | 0.00% |
XLG Invesco S&P 500® Top 50 ETF | 0.74% | 0.97% | 1.34% | 0.94% | 1.25% | 1.58% | 2.00% | 1.85% | 2.00% | 2.09% | 1.97% | 1.97% |
PAVE Global X US Infrastructure Development ETF | 0.56% | 0.68% | 0.84% | 0.48% | 0.44% | 0.67% | 0.78% | 0.30% | 0.00% | 0.00% | 0.00% | 0.00% |
OBMCX Oberweis Micro Cap Fund | 0.00% | 0.00% | 1.37% | 24.35% | 0.00% | 0.00% | 19.67% | 11.76% | 0.05% | 3.07% | 8.03% | 0.00% |
FMIMX FMI Common Stock Fund | 2.48% | 2.84% | 6.65% | 12.44% | 0.76% | 4.93% | 10.17% | 11.82% | 4.92% | 10.77% | 12.38% | 0.45% |
HEDJ WisdomTree Europe Hedged Equity Fund | 2.94% | 3.31% | 2.83% | 2.08% | 2.65% | 1.82% | 2.73% | 2.27% | 2.97% | 9.44% | 5.83% | 1.85% |
MOWIX Moerus Worldwide Value Fund | 4.14% | 4.98% | 0.55% | 55.38% | 0.72% | 94.90% | 1.93% | 0.86% | 0.47% | 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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Labor Day 2023. 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 Labor Day 2023 was 32.23%, occurring on Mar 23, 2020. Recovery took 109 trading sessions.
The current Labor Day 2023 drawdown is 0.21%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -32.23% | Feb 20, 2020 | 23 | Mar 23, 2020 | 109 | Aug 26, 2020 | 132 |
| -20.26% | Jan 5, 2022 | 186 | Sep 30, 2022 | 168 | Jun 2, 2023 | 354 |
| -17.37% | Sep 21, 2018 | 65 | Dec 24, 2018 | 41 | Feb 25, 2019 | 106 |
| -10.54% | Aug 1, 2023 | 63 | Oct 27, 2023 | 24 | Dec 1, 2023 | 87 |
| -9.25% | Jul 17, 2024 | 14 | Aug 5, 2024 | 37 | Sep 26, 2024 | 51 |
Volatility
Volatility Chart
The current Labor Day 2023 volatility is 2.52%, 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
| ATRFX | INDS | MOWIX | HEWJ | PTNQ | HEDJ | CWS | OBMCX | MRFOX | FMIMX | PAVE | LRGE | XLG | LSGRX | DGRW | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ATRFX | 1.00 | 0.15 | 0.20 | 0.14 | 0.16 | 0.16 | 0.19 | 0.15 | 0.13 | 0.16 | 0.17 | 0.19 | 0.19 | 0.19 | 0.17 |
| INDS | 0.15 | 1.00 | 0.42 | 0.36 | 0.45 | 0.48 | 0.61 | 0.51 | 0.56 | 0.56 | 0.54 | 0.52 | 0.53 | 0.52 | 0.61 |
| MOWIX | 0.20 | 0.42 | 1.00 | 0.53 | 0.42 | 0.60 | 0.51 | 0.61 | 0.56 | 0.66 | 0.67 | 0.49 | 0.51 | 0.53 | 0.58 |
| HEWJ | 0.14 | 0.36 | 0.53 | 1.00 | 0.55 | 0.69 | 0.54 | 0.59 | 0.61 | 0.61 | 0.63 | 0.60 | 0.64 | 0.63 | 0.66 |
| PTNQ | 0.16 | 0.45 | 0.42 | 0.55 | 1.00 | 0.62 | 0.59 | 0.65 | 0.59 | 0.54 | 0.55 | 0.84 | 0.88 | 0.87 | 0.75 |
| HEDJ | 0.16 | 0.48 | 0.60 | 0.69 | 0.62 | 1.00 | 0.65 | 0.64 | 0.69 | 0.70 | 0.71 | 0.68 | 0.70 | 0.71 | 0.76 |
| CWS | 0.19 | 0.61 | 0.51 | 0.54 | 0.59 | 0.65 | 1.00 | 0.65 | 0.74 | 0.73 | 0.72 | 0.70 | 0.69 | 0.70 | 0.79 |
| OBMCX | 0.15 | 0.51 | 0.61 | 0.59 | 0.65 | 0.64 | 0.65 | 1.00 | 0.70 | 0.79 | 0.78 | 0.70 | 0.70 | 0.74 | 0.72 |
| MRFOX | 0.13 | 0.56 | 0.56 | 0.61 | 0.59 | 0.69 | 0.74 | 0.70 | 1.00 | 0.81 | 0.81 | 0.67 | 0.71 | 0.71 | 0.84 |
| FMIMX | 0.16 | 0.56 | 0.66 | 0.61 | 0.54 | 0.70 | 0.73 | 0.79 | 0.81 | 1.00 | 0.92 | 0.64 | 0.66 | 0.67 | 0.81 |
| PAVE | 0.17 | 0.54 | 0.67 | 0.63 | 0.55 | 0.71 | 0.72 | 0.78 | 0.81 | 0.92 | 1.00 | 0.65 | 0.66 | 0.67 | 0.82 |
| LRGE | 0.19 | 0.52 | 0.49 | 0.60 | 0.84 | 0.68 | 0.70 | 0.70 | 0.67 | 0.64 | 0.65 | 1.00 | 0.91 | 0.91 | 0.81 |
| XLG | 0.19 | 0.53 | 0.51 | 0.64 | 0.88 | 0.70 | 0.69 | 0.70 | 0.71 | 0.66 | 0.66 | 0.91 | 1.00 | 0.94 | 0.88 |
| LSGRX | 0.19 | 0.52 | 0.53 | 0.63 | 0.87 | 0.71 | 0.70 | 0.74 | 0.71 | 0.67 | 0.67 | 0.91 | 0.94 | 1.00 | 0.83 |
| DGRW | 0.17 | 0.61 | 0.58 | 0.66 | 0.75 | 0.76 | 0.79 | 0.72 | 0.84 | 0.81 | 0.82 | 0.81 | 0.88 | 0.83 | 1.00 |