ETF Top Alpha Quaterly

Performance

Risk-Adjusted Performance

Dividends

Drawdowns

Volatility

Diversification

ETF Top Alpha Quaterly

Currency in USD · Last updated May 23, 2025

Asset Allocation

Position	Category/Sector	Target Weight
FDN First Trust Dow Jones Internet Index	Large Cap Growth Equities	10%
FTEC Fidelity MSCI Information Technology Index ETF	Technology Equities	10%
IMCG iShares Morningstar Mid-Cap Growth ETF	Mid Cap Growth Equities	10%
IWP iShares Russell Midcap Growth ETF	All Cap Equities	10%
MTUM iShares Edge MSCI USA Momentum Factor ETF	Large Cap Growth Equities	10%
QTEC First Trust NASDAQ-100 Technology Sector Index Fund	Technology Equities	10%
SCHG Schwab U.S. Large-Cap Growth ETF	Large Cap Growth Equities	10%
SOXX iShares PHLX Semiconductor ETF	Technology Equities	10%
VGT Vanguard Information Technology ETF	Technology Equities	10%
VUG Vanguard Growth ETF	Large Cap Growth Equities	10%

Benchmark

S&P 500

Rebalance

Performance

Performance Chart

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The earliest data available for this chart is Oct 24, 2013, corresponding to the inception date of FTEC

Returns By Period

As of May 23, 2025, the ETF Top Alpha Quaterly returned 0.79% Year-To-Date and 15.96% of annualized return in the last 10 years.

	YTD	1M	6M	1Y	5Y*	10Y*
^GSPC S&P 500	-0.67%	10.48%	-1.79%	10.08%	14.60%	10.64%
ETF Top Alpha Quaterly	0.79%	17.46%	-0.06%	11.61%	16.13%	15.96%
Portfolio components:
SOXX iShares PHLX Semiconductor ETF	-4.40%	23.34%	-4.51%	-11.96%	21.39%	21.56%
FDN First Trust Dow Jones Internet Index	3.33%	18.12%	5.38%	22.76%	9.50%	13.98%
QTEC First Trust NASDAQ-100 Technology Sector Index Fund	2.87%	20.10%	-0.91%	0.05%	14.29%	16.42%
MTUM iShares Edge MSCI USA Momentum Factor ETF	9.63%	15.57%	6.47%	20.99%	14.09%	13.49%
IWP iShares Russell Midcap Growth ETF	3.31%	15.68%	-0.93%	17.89%	12.42%	10.97%
VGT Vanguard Information Technology ETF	-3.03%	19.52%	-2.52%	12.13%	19.49%	19.66%
FTEC Fidelity MSCI Information Technology Index ETF	-2.92%	19.61%	-2.48%	12.16%	19.67%	19.42%
SCHG Schwab U.S. Large-Cap Growth ETF	-2.16%	15.13%	-0.55%	14.86%	18.47%	15.63%
VUG Vanguard Growth ETF	-0.34%	16.17%	1.39%	16.29%	17.33%	15.04%
IMCG iShares Morningstar Mid-Cap Growth ETF	1.68%	12.04%	-2.42%	11.32%	11.62%	11.15%

*Annualized

Monthly Returns

The table below presents the monthly returns of ETF Top Alpha Quaterly, 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	3.47%	-3.80%	-8.43%	1.80%	8.62%								0.79%
2024	1.98%	7.18%	2.03%	-5.25%	4.81%	5.49%	-1.65%	1.57%	2.34%	-0.57%	7.44%	-1.93%	25.14%
2023	10.05%	-0.83%	6.36%	-1.61%	6.22%	6.41%	3.96%	-2.32%	-5.66%	-3.35%	12.64%	6.80%	43.78%
2022	-10.23%	-3.23%	2.32%	-13.14%	-1.93%	-9.61%	12.19%	-4.89%	-10.28%	5.69%	6.31%	-7.30%	-31.76%
2021	0.34%	2.15%	-0.18%	5.06%	-0.86%	6.12%	1.90%	3.34%	-5.10%	7.45%	0.34%	1.29%	23.42%
2020	2.08%	-6.38%	-11.11%	14.93%	8.25%	5.12%	7.06%	7.70%	-3.48%	-1.95%	12.55%	4.55%	42.67%
2019	9.85%	5.31%	2.69%	5.89%	-7.91%	7.83%	2.75%	-2.14%	0.32%	2.56%	4.60%	3.26%	39.59%
2018	7.59%	-1.17%	-2.10%	-0.55%	5.81%	-0.05%	2.07%	5.66%	-0.62%	-9.84%	1.13%	-8.15%	-1.71%
2017	4.37%	3.58%	1.91%	2.11%	4.03%	-1.24%	3.26%	1.81%	2.18%	5.23%	1.73%	0.24%	33.24%
2016	-7.21%	0.01%	7.50%	-1.82%	4.27%	-0.79%	6.41%	1.43%	1.88%	-1.81%	2.09%	1.01%	12.82%
2015	-2.60%	7.58%	-1.63%	0.43%	2.66%	-2.88%	2.08%	-5.81%	-2.60%	9.01%	0.99%	-2.13%	4.15%
2014	-1.72%	5.92%	-1.45%	-1.74%	3.52%	3.55%	-1.47%	4.88%	-1.66%	2.09%	4.14%	-0.77%	15.85%

Expense Ratio

ETF Top Alpha Quaterly has an expense ratio of 0.23%, which is considered low. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.

QTEC

First Trust NASDAQ-100 Technology Sector Index Fund

FDN

First Trust Dow Jones Internet Index

SOXX

iShares PHLX Semiconductor ETF

IWP

iShares Russell Midcap Growth ETF

MTUM

iShares Edge MSCI USA Momentum Factor ETF

VGT

Vanguard Information Technology ETF

FTEC

Fidelity MSCI Information Technology Index ETF

IMCG

iShares Morningstar Mid-Cap Growth ETF

SCHG

Schwab U.S. Large-Cap Growth ETF

VUG

Vanguard Growth ETF

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of ETF Top Alpha Quaterly is 25, meaning it’s performing worse than 75% of other portfolios on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.

Overall Rank

Sharpe Ratio Rank

Sortino Ratio Rank

Omega Ratio Rank

Calmar Ratio Rank

Martin Ratio Rank

The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.

Portfolio components

	Sharpe ratio	Sortino ratio	Omega ratio	Calmar ratio	Martin ratio
SOXX iShares PHLX Semiconductor ETF	-0.27	-0.08	0.99	-0.27	-0.60
FDN First Trust Dow Jones Internet Index	0.90	1.30	1.18	0.80	2.74
QTEC First Trust NASDAQ-100 Technology Sector Index Fund	0.00	0.24	1.03	0.01	0.02
MTUM iShares Edge MSCI USA Momentum Factor ETF	0.84	1.26	1.18	0.99	3.41
IWP iShares Russell Midcap Growth ETF	0.72	1.09	1.15	0.67	2.22
VGT Vanguard Information Technology ETF	0.40	0.77	1.11	0.45	1.46
FTEC Fidelity MSCI Information Technology Index ETF	0.40	0.78	1.11	0.45	1.48
SCHG Schwab U.S. Large-Cap Growth ETF	0.59	0.98	1.14	0.63	2.10
VUG Vanguard Growth ETF	0.65	1.07	1.15	0.72	2.43
IMCG iShares Morningstar Mid-Cap Growth ETF	0.54	0.86	1.12	0.50	1.71

The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

ETF Top Alpha Quaterly Sharpe ratios as of May 23, 2025 (values are recalculated daily):

1-Year: 0.43
5-Year: 0.66
10-Year: 0.69
All Time: 0.75

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

Compared to the broad market, where average Sharpe ratios range from 0.47 to 0.99, this portfolio's current Sharpe ratio places it in the bottom 25%. This suggests weaker risk-adjusted returns than most portfolios, possibly due to lower returns, higher volatility, or both. It may be worth reviewing the allocation. You can use the Portfolio Optimization tool to explore options for improving the Sharpe ratio.

The chart below shows the rolling Sharpe ratio of ETF Top Alpha Quaterly compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time. For deeper analysis or to customize the calculation, use the Sharpe ratio tool.

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Dividends

Dividend yield

ETF Top Alpha Quaterly provided a 0.46% dividend yield over the last twelve months.

	TTM	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Portfolio	0.46%	0.46%	0.61%	0.80%	0.41%	0.54%	0.82%	1.00%	0.80%	1.08%	0.98%	1.00%
Portfolio components:
SOXX iShares PHLX Semiconductor ETF	0.72%	0.67%	0.78%	1.25%	0.64%	0.81%	1.23%	1.37%	0.90%	1.08%	1.29%	1.56%
FDN First Trust Dow Jones Internet Index	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
QTEC First Trust NASDAQ-100 Technology Sector Index Fund	0.02%	0.02%	0.14%	0.15%	0.02%	0.44%	0.68%	0.91%	0.80%	1.29%	0.99%	1.22%
MTUM iShares Edge MSCI USA Momentum Factor ETF	0.85%	0.75%	1.35%	1.80%	0.55%	0.83%	1.48%	1.27%	1.02%	1.43%	1.12%	1.04%
IWP iShares Russell Midcap Growth ETF	0.37%	0.40%	0.54%	0.77%	0.30%	0.38%	0.60%	1.02%	0.78%	1.47%	0.98%	1.03%
VGT Vanguard Information Technology ETF	0.53%	0.60%	0.65%	0.91%	0.64%	0.82%	1.11%	1.29%	0.99%	1.31%	1.28%	1.12%
FTEC Fidelity MSCI Information Technology Index ETF	0.50%	0.49%	0.77%	0.93%	0.63%	0.83%	1.03%	1.20%	0.96%	1.25%	1.27%	1.09%
SCHG Schwab U.S. Large-Cap Growth ETF	0.42%	0.40%	0.46%	0.55%	0.42%	0.52%	0.82%	1.27%	1.01%	1.04%	1.22%	1.09%
VUG Vanguard Growth ETF	0.48%	0.47%	0.58%	0.70%	0.48%	0.66%	0.95%	1.32%	1.14%	1.39%	1.30%	1.21%
IMCG iShares Morningstar Mid-Cap Growth ETF	0.75%	0.78%	0.85%	0.91%	0.41%	0.09%	0.30%	0.35%	0.45%	0.52%	0.38%	0.60%

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 ETF Top Alpha Quaterly. 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 ETF Top Alpha Quaterly was 37.63%, occurring on Oct 14, 2022. Recovery took 322 trading sessions.

The current ETF Top Alpha Quaterly drawdown is 5.67%.

Depth	Start	To Bottom	Bottom	To Recover	End	Total
-37.63%	Nov 17, 2021	229	Oct 14, 2022	322	Jan 29, 2024	551
-32.28%	Feb 20, 2020	23	Mar 23, 2020	53	Jun 8, 2020	76
-25.2%	Feb 19, 2025	35	Apr 8, 2025	—	—	—
-22.92%	Aug 30, 2018	80	Dec 24, 2018	59	Mar 21, 2019	139
-17.05%	Dec 2, 2015	47	Feb 9, 2016	104	Jul 8, 2016	151

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 10 assets, with an effective number of assets of 10.00, reflecting the diversification based on asset allocation. This number of effective assets suggests that the portfolio's investments are spread across a variety of assets, indicating a well-diversified allocation. However, true diversification also depends on the correlations between assets.

Asset Correlations Table

The table below displays the correlation coefficients between the individual components of the portfolio, the entire portfolio, and the chosen benchmark.

	^GSPC	SOXX	MTUM	FDN	IMCG	IWP	QTEC	FTEC	VGT	SCHG	VUG	Portfolio
^GSPC	1.00	0.77	0.86	0.80	0.86	0.89	0.84	0.90	0.90	0.94	0.94	0.92
SOXX	0.77	1.00	0.73	0.71	0.74	0.78	0.93	0.86	0.86	0.79	0.80	0.89
MTUM	0.86	0.73	1.00	0.78	0.83	0.85	0.79	0.84	0.84	0.87	0.87	0.88
FDN	0.80	0.71	0.78	1.00	0.83	0.86	0.85	0.87	0.86	0.88	0.88	0.90
IMCG	0.86	0.74	0.83	0.83	1.00	0.96	0.83	0.83	0.83	0.87	0.86	0.91
IWP	0.89	0.78	0.85	0.86	0.96	1.00	0.87	0.87	0.87	0.90	0.90	0.94
QTEC	0.84	0.93	0.79	0.85	0.83	0.87	1.00	0.93	0.93	0.89	0.89	0.96
FTEC	0.90	0.86	0.84	0.87	0.83	0.87	0.93	1.00	1.00	0.95	0.95	0.97
VGT	0.90	0.86	0.84	0.86	0.83	0.87	0.93	1.00	1.00	0.95	0.95	0.97
SCHG	0.94	0.79	0.87	0.88	0.87	0.90	0.89	0.95	0.95	1.00	0.99	0.96
VUG	0.94	0.80	0.87	0.88	0.86	0.90	0.89	0.95	0.95	0.99	1.00	0.96
Portfolio	0.92	0.89	0.88	0.90	0.91	0.94	0.96	0.97	0.97	0.96	0.96	1.00

The correlation results are calculated based on daily price changes starting from Oct 25, 2013

Performance Analysis

Risk Analysis

Optimization

Factor Model

ETF Top Alpha Quaterly

Asset Allocation

Performance

Performance Chart

Returns By Period

Monthly Returns

Expense Ratio

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

Risk-Adjusted Performance Indicators

Dividends

Dividend yield

Drawdowns

Drawdowns Chart

Worst Drawdowns

Volatility

Volatility Chart

Diversification

Diversification Metrics

Number of Effective Assets

Asset Correlations Table

Performance Analysis

Risk Analysis

Optimization

Factor Model

Portfolios

Screeners

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