metals
Asset Allocation
| Position | Category/Sector | Weight |
|---|---|---|
BTC-USD Bitcoin | 7.50% | |
GC=F Gold | 30% | |
HYG iShares iBoxx $ High Yield Corporate Bond ETF | High Yield Bonds | 17.50% |
IGM iShares Expanded Tech Sector ETF | Technology Equities | 20% |
OEF iShares S&P 100 ETF | Large Cap Growth Equities | 20% |
PA=F Palladium | 5% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in metals, 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 Jul 17, 2010, corresponding to the inception date of BTC-USD
Returns By Period
As of Nov 9, 2024, the metals returned 29.99% Year-To-Date and 19.10% of annualized return in the last 10 years.
| Year-To-Date | 1 month | 6 months | 1 year | 5 years (annualized) | 10 years (annualized) | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | 25.70% | 3.51% | 14.80% | 37.91% | 14.18% | 11.41% |
| metals | 29.99% | 3.28% | 14.82% | 40.53% | 18.83% | 18.99% |
| Portfolio components: | ||||||
PA=F Palladium | -10.43% | -6.87% | 0.83% | 1.44% | -9.96% | 2.52% |
GC=F Gold | 30.31% | 1.13% | 13.53% | 39.06% | 13.11% | 8.76% |
IGM iShares Expanded Tech Sector ETF | 36.90% | 3.93% | 19.72% | 50.17% | 22.14% | 20.50% |
HYG iShares iBoxx $ High Yield Corporate Bond ETF | 9.03% | 0.79% | 7.44% | 15.01% | 3.67% | 3.96% |
BTC-USD Bitcoin | 81.20% | 22.64% | 24.63% | 106.21% | 54.13% | 68.30% |
OEF iShares S&P 100 ETF | 30.88% | 3.77% | 17.61% | 40.06% | 17.63% | 14.25% |
Monthly Returns
The table below presents the monthly returns of metals, 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 | 0.73% | 5.80% | 5.66% | -2.54% | 3.70% | 2.66% | 1.16% | 1.38% | 3.96% | 2.10% | 29.99% | ||
| 2023 | 8.73% | -3.14% | 8.36% | 0.65% | 1.23% | 2.37% | 1.98% | -1.51% | -3.23% | 2.45% | 6.44% | 4.43% | 31.74% |
| 2022 | -4.08% | 1.10% | 1.12% | -6.89% | -2.91% | -7.93% | 7.00% | -5.29% | -5.39% | 1.92% | 3.45% | -2.38% | -19.45% |
| 2021 | -0.46% | 2.29% | 5.37% | 3.70% | -0.60% | -0.35% | 2.84% | 2.27% | -4.81% | 6.73% | -1.79% | 1.14% | 16.98% |
| 2020 | 5.08% | -3.49% | -7.91% | 10.57% | 4.54% | 1.91% | 9.17% | 4.00% | -3.63% | 0.26% | 7.55% | 9.72% | 42.41% |
| 2019 | 5.23% | 3.20% | 0.85% | 4.61% | 2.75% | 10.33% | 1.29% | 1.29% | -0.92% | 2.89% | -0.31% | 2.67% | 39.03% |
| 2018 | 1.35% | -1.19% | -3.56% | 2.34% | -0.10% | -2.03% | 2.13% | 1.41% | -0.27% | -2.83% | -2.62% | -2.28% | -7.60% |
| 2017 | 3.49% | 4.83% | -0.16% | 3.10% | 8.15% | 0.73% | 3.65% | 7.27% | -1.36% | 5.80% | 7.23% | 6.33% | 60.97% |
| 2016 | -2.64% | 4.66% | 3.06% | 2.78% | 0.28% | 5.65% | 3.18% | -0.94% | 1.66% | -0.86% | -0.42% | 2.64% | 20.40% |
| 2015 | -1.58% | 2.70% | -2.12% | 0.15% | 0.92% | -1.67% | -0.45% | -3.32% | -1.33% | 8.15% | -1.04% | 0.51% | 0.44% |
| 2014 | 0.44% | 1.66% | -1.67% | 0.15% | 3.50% | 2.99% | -1.66% | 0.66% | -4.30% | -1.18% | 2.32% | -1.52% | 1.11% |
| 2013 | 5.33% | 4.95% | 31.92% | 1.43% | -0.46% | -6.86% | 4.95% | 3.09% | -1.17% | 6.89% | 47.95% | -12.82% | 102.16% |
Expense Ratio
metals has an expense ratio of 0.22%, which is considered low compared to other funds. 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 metals is 33, 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 | |
|---|---|---|---|---|---|
PA=F Palladium | 0.13 | 0.52 | 1.05 | 0.01 | 0.49 |
GC=F Gold | 2.90 | 3.52 | 1.49 | 2.97 | 18.90 |
IGM iShares Expanded Tech Sector ETF | 1.30 | 1.78 | 1.24 | 0.60 | 5.96 |
HYG iShares iBoxx $ High Yield Corporate Bond ETF | 2.89 | 4.30 | 1.55 | 1.13 | 20.02 |
BTC-USD Bitcoin | 0.66 | 1.29 | 1.13 | 0.47 | 2.71 |
OEF iShares S&P 100 ETF | 2.14 | 2.81 | 1.39 | 1.00 | 11.86 |
Dividends
Dividend yield
metals provided a 1.37% dividend yield over the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 1.37% | 1.32% | 1.34% | 0.95% | 1.20% | 1.35% | 1.50% | 1.37% | 1.52% | 1.61% | 1.54% | 1.61% |
| Portfolio components: | ||||||||||||
PA=F Palladium | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GC=F Gold | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IGM iShares Expanded Tech Sector ETF | 0.31% | 0.39% | 0.53% | 0.16% | 0.32% | 0.50% | 0.57% | 0.57% | 0.90% | 0.79% | 0.88% | 0.78% |
HYG iShares iBoxx $ High Yield Corporate Bond ETF | 6.34% | 5.75% | 5.30% | 4.02% | 4.88% | 4.99% | 5.54% | 5.12% | 5.27% | 5.90% | 5.69% | 6.10% |
BTC-USD Bitcoin | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
OEF iShares S&P 100 ETF | 0.99% | 1.19% | 1.55% | 1.06% | 1.43% | 1.87% | 2.09% | 1.81% | 2.07% | 2.11% | 1.85% | 1.96% |
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 metals. 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 metals was 39.52%, occurring on Nov 25, 2011. Recovery took 481 trading sessions.
The current metals drawdown is 0.25%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -39.52% | Jun 10, 2011 | 169 | Nov 25, 2011 | 481 | Mar 20, 2013 | 650 |
| -25.81% | Nov 15, 2021 | 335 | Oct 15, 2022 | 425 | Dec 14, 2023 | 760 |
| -23.18% | Feb 24, 2020 | 27 | Mar 21, 2020 | 79 | Jun 8, 2020 | 106 |
| -21.87% | Dec 5, 2013 | 14 | Dec 18, 2013 | 911 | Jun 16, 2016 | 925 |
| -17.39% | Apr 11, 2013 | 86 | Jul 5, 2013 | 124 | Nov 6, 2013 | 210 |
Volatility
Volatility Chart
The current metals volatility is 3.28%, 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
| GC=F | BTC-USD | PA=F | HYG | IGM | OEF | |
|---|---|---|---|---|---|---|
| GC=F | 1.00 | 0.02 | 0.14 | 0.03 | 0.01 | 0.01 |
| BTC-USD | 0.02 | 1.00 | 0.04 | 0.09 | 0.10 | 0.09 |
| PA=F | 0.14 | 0.04 | 1.00 | 0.21 | 0.19 | 0.21 |
| HYG | 0.03 | 0.09 | 0.21 | 1.00 | 0.59 | 0.64 |
| IGM | 0.01 | 0.10 | 0.19 | 0.59 | 1.00 | 0.84 |
| OEF | 0.01 | 0.09 | 0.21 | 0.64 | 0.84 | 1.00 |