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Labor Day 2023

Last updated Sep 23, 2023

Asset Allocation


ATRFX 6.67%MRFOX 6.67%LSGRX 6.67%LRGE 6.67%CWS 6.67%DGRW 6.67%HEWJ 6.67%XLG 6.67%PAVE 6.67%OBMCX 6.67%FMIMX 6.67%HEDJ 6.67%MOWIX 6.67%PTNQ 6.67%INDS 6.67%AlternativesAlternativesEquityEquityMulti-AssetMulti-AssetReal EstateReal Estate
PositionCategory/SectorWeight
ATRFX
Catalyst Systematic Alpha Class I
Multistrategy6.67%
MRFOX
Marshfield Concentrated Opportunity Fund
Large Cap Growth Equities6.67%
LSGRX
Loomis Sayles Growth Fund
Large Cap Growth Equities6.67%
LRGE
ClearBridge Large Cap Growth ESG ETF
Large Cap Growth Equities, Actively Managed6.67%
CWS
AdvisorShares Focused Equity ETF
Large Cap Growth Equities, Actively Managed6.67%
DGRW
WisdomTree U.S. Dividend Growth Fund
Large Cap Growth Equities, Dividend6.67%
HEWJ
iShares Currency Hedged MSCI Japan ETF
Japan Equities6.67%
XLG
Invesco S&P 500® Top 50 ETF
Large Cap Growth Equities6.67%
PAVE
Global X US Infrastructure Development ETF
Utilities Equities6.67%
OBMCX
Oberweis Micro Cap Fund
Small Cap Growth Equities6.67%
FMIMX
FMI Common Stock Fund
Mid Cap Blend Equities6.67%
HEDJ
WisdomTree Europe Hedged Equity Fund
Europe Equities6.67%
MOWIX
Moerus Worldwide Value Fund
Foreign Small & Mid Cap Equities6.67%
PTNQ
Pacer Trendpilot 100 ETF
Large Cap Blend Equities6.67%
INDS
Pacer Benchmark Industrial Real Estate SCTR ETF
REIT6.67%

Performance

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


0.00%5.00%10.00%15.00%AprilMayJuneJulyAugustSeptember
10.11%
8.62%
Labor Day 2023
Benchmark (^GSPC)
Portfolio components

Returns

As of Sep 23, 2023, the Labor Day 2023 returned 17.41% Year-To-Date and 16.35% of annualized return in the last 10 years.


1 month6 monthsYear-To-Date1 year5 years (annualized)10 years (annualized)
Benchmark-1.29%8.79%12.52%16.97%8.17%9.10%
Labor Day 2023-1.11%10.67%17.41%26.86%16.23%16.35%
MRFOX
Marshfield Concentrated Opportunity Fund
0.70%8.76%7.59%25.21%13.87%14.54%
LSGRX
Loomis Sayles Growth Fund
-2.43%14.13%32.99%38.24%11.91%12.58%
ATRFX
Catalyst Systematic Alpha Class I
0.68%15.07%20.54%29.25%13.05%12.37%
PTNQ
Pacer Trendpilot 100 ETF
-0.08%15.38%24.92%23.39%11.86%12.98%
INDS
Pacer Benchmark Industrial Real Estate SCTR ETF
-3.23%-4.48%0.27%-0.03%9.81%9.98%
LRGE
ClearBridge Large Cap Growth ESG ETF
-2.11%12.66%27.07%29.95%10.29%11.17%
CWS
AdvisorShares Focused Equity ETF
-2.30%7.71%10.61%25.55%9.78%11.35%
DGRW
WisdomTree U.S. Dividend Growth Fund
-1.73%7.24%7.72%17.91%9.99%11.11%
HEWJ
iShares Currency Hedged MSCI Japan ETF
5.71%26.54%33.74%34.09%9.95%9.60%
XLG
Invesco S&P 500® Top 50 ETF
-0.88%16.79%32.05%35.55%26.85%28.82%
PAVE
Global X US Infrastructure Development ETF
-3.46%11.95%14.19%30.74%12.50%12.74%
OBMCX
Oberweis Micro Cap Fund
-5.12%-0.85%6.61%20.91%11.79%12.70%
FMIMX
FMI Common Stock Fund
-1.36%7.11%10.92%23.46%9.49%9.60%
HEDJ
WisdomTree Europe Hedged Equity Fund
-0.18%6.78%20.43%34.15%10.11%9.43%
MOWIX
Moerus Worldwide Value Fund
-0.99%16.27%13.26%30.93%54.34%48.46%

Asset Correlations Table

The table below shows the correlation coefficients between the assets in the portfolio.

ATRFXINDSMOWIXHEWJPTNQCWSHEDJOBMCXFMIMXPAVELRGEMRFOXXLGLSGRXDGRW
ATRFX1.000.120.170.090.110.160.120.110.130.130.140.100.130.150.12
INDS0.121.000.400.380.470.590.480.490.540.520.530.570.530.540.61
MOWIX0.170.401.000.560.420.520.610.610.670.680.500.580.500.540.58
HEWJ0.090.380.561.000.560.560.730.620.650.660.620.640.640.660.69
PTNQ0.110.470.420.561.000.600.630.650.540.550.840.610.860.860.74
CWS0.160.590.520.560.601.000.660.640.710.700.720.740.690.720.80
HEDJ0.120.480.610.730.630.661.000.650.710.710.690.710.700.730.77
OBMCX0.110.490.610.620.650.640.651.000.790.780.710.720.690.750.72
FMIMX0.130.540.670.650.540.710.710.791.000.910.640.830.650.690.81
PAVE0.130.520.680.660.550.700.710.780.911.000.650.830.650.680.82
LRGE0.140.530.500.620.840.720.690.710.640.651.000.700.870.910.81
MRFOX0.100.570.580.640.610.740.710.720.830.830.701.000.720.750.86
XLG0.130.530.500.640.860.690.700.690.650.650.870.721.000.910.86
LSGRX0.150.540.540.660.860.720.730.750.690.680.910.750.911.000.83
DGRW0.120.610.580.690.740.800.770.720.810.820.810.860.860.831.00

Sharpe Ratio

The current Labor Day 2023 Sharpe ratio is 1.53. A Sharpe ratio greater than 1.0 is considered acceptable.

-1.000.001.002.003.004.001.53

The Sharpe ratio of Labor Day 2023 is in the top 25%, it signifies superior risk-adjusted performance. This means that for the level of risk undertaken, the portfolio is generating impressive returns compared to most others.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.00AprilMayJuneJulyAugustSeptember
1.53
0.81
Labor Day 2023
Benchmark (^GSPC)
Portfolio components

Dividend yield

Labor Day 2023 granted a 5.76% dividend yield in the last twelve months.


TTM20222021202020192018201720162015201420132012
Labor Day 20235.76%7.17%9.06%4.27%17.81%8.08%6.67%5.64%8.94%10.01%7.66%10.52%
MRFOX
Marshfield Concentrated Opportunity Fund
0.33%0.35%6.80%2.89%1.53%2.17%2.35%0.70%0.00%0.00%0.00%0.00%
LSGRX
Loomis Sayles Growth Fund
12.39%16.47%5.49%5.36%3.43%7.60%3.32%2.09%0.77%0.98%0.43%1.51%
ATRFX
Catalyst Systematic Alpha Class I
5.07%5.03%5.74%23.35%4.13%1.93%0.00%1.29%1.46%0.93%0.00%0.00%
PTNQ
Pacer Trendpilot 100 ETF
0.50%0.62%0.00%0.16%0.44%0.46%0.33%0.31%0.23%0.00%0.00%0.00%
INDS
Pacer Benchmark Industrial Real Estate SCTR ETF
4.54%2.72%1.31%1.81%2.48%2.04%0.00%0.00%0.00%0.00%0.00%0.00%
LRGE
ClearBridge Large Cap Growth ESG ETF
1.58%2.01%1.23%0.38%0.38%2.23%0.40%0.00%0.00%0.00%0.00%0.00%
CWS
AdvisorShares Focused Equity ETF
0.46%0.50%0.16%0.28%0.39%2.65%0.30%0.04%0.00%0.00%0.00%0.00%
DGRW
WisdomTree U.S. Dividend Growth Fund
1.94%2.18%1.84%2.01%2.37%2.68%1.95%2.45%2.56%2.15%1.29%0.00%
HEWJ
iShares Currency Hedged MSCI Japan ETF
35.39%47.95%2.96%1.78%4.18%2.13%1.90%2.99%5.27%3.60%0.00%0.00%
XLG
Invesco S&P 500® Top 50 ETF
8.67%14.29%11.30%16.85%24.96%37.67%42.31%55.65%72.25%84.59%104.81%145.93%
PAVE
Global X US Infrastructure Development ETF
0.73%0.84%0.49%0.45%0.68%0.80%0.31%0.00%0.00%0.00%0.00%0.00%
OBMCX
Oberweis Micro Cap Fund
1.29%1.37%24.69%0.00%0.00%24.78%17.81%0.08%5.22%14.07%0.00%0.00%
FMIMX
FMI Common Stock Fund
5.99%6.65%13.27%0.92%5.98%12.95%16.52%7.71%17.70%22.53%0.92%0.75%
HEDJ
WisdomTree Europe Hedged Equity Fund
7.03%6.02%4.70%6.25%4.54%7.09%6.18%7.80%28.59%21.23%7.50%9.65%
MOWIX
Moerus Worldwide Value Fund
0.49%0.55%55.97%1.59%211.64%13.99%6.36%3.53%0.00%0.00%0.00%0.00%

Expense Ratio

The Labor Day 2023 has a high expense ratio of 0.80%, indicating higher-than-average management fees. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.


1.77%
0.00%2.15%
1.48%
0.00%2.15%
1.40%
0.00%2.15%
1.05%
0.00%2.15%
1.01%
0.00%2.15%
0.77%
0.00%2.15%
0.65%
0.00%2.15%
0.64%
0.00%2.15%
0.60%
0.00%2.15%
0.59%
0.00%2.15%
0.58%
0.00%2.15%
0.49%
0.00%2.15%
0.47%
0.00%2.15%
0.28%
0.00%2.15%
0.20%
0.00%2.15%

Risk-Adjusted Performance

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 ratioSortino ratioOmega ratioCalmar ratioUlcer Index
MRFOX
Marshfield Concentrated Opportunity Fund
1.74
LSGRX
Loomis Sayles Growth Fund
1.55
ATRFX
Catalyst Systematic Alpha Class I
1.88
PTNQ
Pacer Trendpilot 100 ETF
1.48
INDS
Pacer Benchmark Industrial Real Estate SCTR ETF
-0.11
LRGE
ClearBridge Large Cap Growth ESG ETF
1.23
CWS
AdvisorShares Focused Equity ETF
1.30
DGRW
WisdomTree U.S. Dividend Growth Fund
1.07
HEWJ
iShares Currency Hedged MSCI Japan ETF
2.07
XLG
Invesco S&P 500® Top 50 ETF
1.68
PAVE
Global X US Infrastructure Development ETF
1.15
OBMCX
Oberweis Micro Cap Fund
0.63
FMIMX
FMI Common Stock Fund
0.97
HEDJ
WisdomTree Europe Hedged Equity Fund
1.92
MOWIX
Moerus Worldwide Value Fund
1.48

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-15.00%-10.00%-5.00%0.00%AprilMayJuneJulyAugustSeptember
-5.34%
-9.93%
Labor Day 2023
Benchmark (^GSPC)
Portfolio components

Worst Drawdowns

The table below shows the maximum drawdowns of the Labor Day 2023. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Labor Day 2023 is 31.98%, recorded on Mar 23, 2020. It took 107 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-31.98%Feb 20, 202023Mar 23, 2020107Aug 24, 2020130
-19.66%Jan 5, 2022186Sep 30, 2022168Jun 2, 2023354
-16.8%Sep 21, 201865Dec 24, 201838Feb 20, 2019103
-7.08%Sep 3, 202015Sep 24, 202012Oct 12, 202027
-6.61%Oct 13, 202014Oct 30, 20206Nov 9, 202020

Volatility Chart

The current Labor Day 2023 volatility is 3.22%, 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%3.00%4.00%5.00%6.00%AprilMayJuneJulyAugustSeptember
3.22%
3.41%
Labor Day 2023
Benchmark (^GSPC)
Portfolio components