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ETF Top Alpha Quaterly

Last updated Mar 2, 2024

Asset Allocation


SOXX 10%FDN 10%QTEC 10%MTUM 10%IWP 10%VGT 10%FTEC 10%SCHG 10%VUG 10%IMCG 10%EquityEquity
PositionCategory/SectorWeight
SOXX
iShares PHLX Semiconductor ETF
Technology Equities

10%

FDN
First Trust Dow Jones Internet Index
Large Cap Growth Equities

10%

QTEC
First Trust NASDAQ-100 Technology Sector Index Fund
Technology Equities

10%

MTUM
iShares Edge MSCI USA Momentum Factor ETF
Large Cap Growth Equities

10%

IWP
iShares Russell Midcap Growth ETF
All Cap Equities

10%

VGT
Vanguard Information Technology ETF
Technology Equities

10%

FTEC
Fidelity MSCI Information Technology Index ETF
Technology Equities

10%

SCHG
Schwab U.S. Large-Cap Growth ETF
Large Cap Growth Equities

10%

VUG
Vanguard Growth ETF
Large Cap Growth Equities

10%

IMCG
iShares Morningstar Mid-Cap Growth ETF
Mid Cap Growth Equities

10%

S&P 500

Performance

The chart shows the growth of an initial investment of $10,000 in ETF Top Alpha Quaterly, 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


150.00%200.00%250.00%300.00%350.00%400.00%OctoberNovemberDecember2024FebruaryMarch
411.65%
193.20%
ETF Top Alpha Quaterly
Benchmark (^GSPC)
Portfolio components

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

Returns

As of Mar 2, 2024, the ETF Top Alpha Quaterly returned 11.17% Year-To-Date and 16.37% of annualized return in the last 10 years.


Year-To-Date1 month6 months1 year5 years (annualized)10 years (annualized)
^GSPC
S&P 500
7.70%6.01%13.76%29.03%12.89%10.63%
ETF Top Alpha Quaterly11.17%5.91%21.42%42.91%18.59%16.41%
SOXX
iShares PHLX Semiconductor ETF
18.01%13.98%33.52%63.55%31.75%25.70%
FDN
First Trust Dow Jones Internet Index
9.91%2.51%19.97%45.39%8.54%12.25%
QTEC
First Trust NASDAQ-100 Technology Sector Index Fund
10.67%5.91%26.68%57.64%20.06%18.67%
MTUM
iShares Edge MSCI USA Momentum Factor ETF
18.86%7.86%27.29%33.31%12.77%12.88%
IWP
iShares Russell Midcap Growth ETF
7.44%5.66%16.17%22.18%11.86%10.70%
VGT
Vanguard Information Technology ETF
8.96%4.40%18.52%47.19%23.67%20.38%
FTEC
Fidelity MSCI Information Technology Index ETF
9.14%4.46%19.27%48.08%23.84%20.16%
SCHG
Schwab U.S. Large-Cap Growth ETF
11.08%4.42%20.16%49.85%19.82%15.79%
VUG
Vanguard Growth ETF
10.52%4.35%19.03%45.80%18.69%14.82%
IMCG
iShares Morningstar Mid-Cap Growth ETF
7.31%5.80%13.80%18.07%13.46%11.31%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20241.98%7.17%
2023-2.32%-5.66%-3.35%12.64%6.80%

Sharpe Ratio

The current ETF Top Alpha Quaterly Sharpe ratio is 2.75. A Sharpe ratio higher than 2.0 is considered very good.

0.002.004.002.75

The Sharpe ratio of ETF Top Alpha Quaterly lies between the 25th and 75th percentiles. It indicates that the portfolio's risk-adjusted performance is in line with the majority of portfolios. This suggests a balanced approach to risk and return, which might be suitable for a broad range of investors.


Rolling 12-month Sharpe Ratio0.501.001.502.002.50OctoberNovemberDecember2024FebruaryMarch
2.75
2.44
ETF Top Alpha Quaterly
Benchmark (^GSPC)
Portfolio components

Dividend yield

ETF Top Alpha Quaterly granted a 0.55% dividend yield in the last twelve months.


TTM20232022202120202019201820172016201520142013
ETF Top Alpha Quaterly0.55%0.61%0.80%0.41%0.54%0.82%1.00%0.80%1.10%0.98%1.00%0.76%
SOXX
iShares PHLX Semiconductor ETF
0.66%0.78%1.26%0.64%0.81%1.23%1.37%0.90%1.08%1.29%1.56%1.18%
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
0.12%0.14%0.15%0.02%0.44%0.68%0.91%0.80%1.29%0.99%1.22%0.72%
MTUM
iShares Edge MSCI USA Momentum Factor ETF
1.13%1.35%1.80%0.55%0.83%1.48%1.27%1.02%1.43%1.12%1.04%1.02%
IWP
iShares Russell Midcap Growth ETF
0.50%0.54%0.77%0.30%0.38%0.59%1.02%0.78%1.46%0.98%1.03%0.80%
VGT
Vanguard Information Technology ETF
0.59%0.65%0.91%0.64%0.82%1.11%1.29%0.99%1.31%1.28%1.12%1.05%
FTEC
Fidelity MSCI Information Technology Index ETF
0.71%0.77%0.93%0.63%0.83%1.03%1.20%0.96%1.25%1.27%1.09%0.18%
SCHG
Schwab U.S. Large-Cap Growth ETF
0.42%0.46%0.55%0.42%0.52%0.82%1.27%1.01%1.27%1.22%1.09%1.07%
VUG
Vanguard Growth ETF
0.52%0.58%0.70%0.48%0.66%0.95%1.32%1.14%1.39%1.30%1.21%1.19%
IMCG
iShares Morningstar Mid-Cap Growth ETF
0.79%0.85%0.91%0.41%0.09%0.29%0.35%0.45%0.52%0.38%0.60%0.36%

Expense Ratio

The ETF Top Alpha Quaterly has a high expense ratio of 0.23%, 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.


0.50%1.00%1.50%2.00%0.57%
0.50%1.00%1.50%2.00%0.52%
0.50%1.00%1.50%2.00%0.46%
0.50%1.00%1.50%2.00%0.24%
0.50%1.00%1.50%2.00%0.15%
0.50%1.00%1.50%2.00%0.10%
0.50%1.00%1.50%2.00%0.06%
0.50%1.00%1.50%2.00%0.04%
0.50%1.00%1.50%2.00%0.04%

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
^GSPC
S&P 500
2.44
ETF Top Alpha Quaterly
2.75
SOXX
iShares PHLX Semiconductor ETF
2.44
FDN
First Trust Dow Jones Internet Index
2.39
QTEC
First Trust NASDAQ-100 Technology Sector Index Fund
2.75
MTUM
iShares Edge MSCI USA Momentum Factor ETF
2.38
IWP
iShares Russell Midcap Growth ETF
1.62
VGT
Vanguard Information Technology ETF
2.89
FTEC
Fidelity MSCI Information Technology Index ETF
2.95
SCHG
Schwab U.S. Large-Cap Growth ETF
3.39
VUG
Vanguard Growth ETF
3.17
IMCG
iShares Morningstar Mid-Cap Growth ETF
1.36

Asset Correlations Table

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

SOXXMTUMFDNIMCGIWPQTECSCHGFTECVGTVUG
SOXX1.000.720.720.750.780.930.790.850.860.80
MTUM0.721.000.780.830.850.790.870.840.840.87
FDN0.720.781.000.840.870.850.880.870.870.88
IMCG0.750.830.841.000.960.840.880.840.840.88
IWP0.780.850.870.961.000.880.910.870.870.91
QTEC0.930.790.850.840.881.000.880.930.930.89
SCHG0.790.870.880.880.910.881.000.950.950.99
FTEC0.850.840.870.840.870.930.951.001.000.95
VGT0.860.840.870.840.870.930.951.001.000.95
VUG0.800.870.880.880.910.890.990.950.951.00

Drawdowns Chart

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


-20.00%-15.00%-10.00%-5.00%0.00%OctoberNovemberDecember2024FebruaryMarch00
ETF Top Alpha Quaterly
Benchmark (^GSPC)
Portfolio components

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.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-37.63%Nov 17, 2021229Oct 14, 2022322Jan 29, 2024551
-32.28%Feb 20, 202023Mar 23, 202053Jun 8, 202076
-22.92%Aug 30, 201880Dec 24, 201859Mar 21, 2019139
-17.05%Dec 2, 201547Feb 9, 2016104Jul 8, 2016151
-12.95%Feb 16, 202115Mar 8, 202134Apr 26, 202149

Volatility Chart

The current ETF Top Alpha Quaterly volatility is 5.34%, 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%OctoberNovemberDecember2024FebruaryMarch
5.34%
3.47%
ETF Top Alpha Quaterly
Benchmark (^GSPC)
Portfolio components
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