Compass Industrial Metals

Compass Accounts: Commodity

Summary

The Compass Industrial Metals Account invests in such industrial metals as aluminum, copper, lead, nickel, and zinc. The portfolio manager will take positions directly in either physical assets, or commodity-linked derivative instruments. The account seeks short to mid-term trading profits vs. capital appreciation or current income.

Benchmark: S&P GSCI Industrial Metals

Core Facts

Asset Class Commodity
Category Industrial Metals
Expense Ratio [1] 0.0%
Commissions [2] 0.0%
Fee [3] 0.40%
Minimum investment [4] $1000 US
Account number CC065
Account manager Galleon Wealth Management
Region Global
Market Developed

Capitalization

Value

Blend

Growth
LG

MD

SM


Style

Portfolio composition by security (top holdings)

Top Holdings

Company NameForward Annual Div Yield1yr Target EstEPS Est Next YearForward P/E
iPath Series B Bloomberg Nickel Subindex Total Return ETN0.00%---
Newmont Corporation1.32%47.691.9321.99
Reliance Steel & Aluminum Co.1.84%119.228.6813.88
Royal Gold, Inc.0.98%118.312.7240.88
Commercial Metals Company2.12%24.302.1010.76
iPath Series B Bloomberg Industrial Metals Subindex Total Return ETN0.00%---
Coeur Mining, Inc.-7.220.1933.84
Hecla Mining Company0.32%2.960.03101.67
ELEMENTS Linked to the Rogers International Commodity Index - Metals Total Return0.00%---
iPath Series B Bloomberg Tin Subindex Total Return ETN0.00%---

Overall Risk

The risk rating is based on the account’s past performance as compared to mutual funds and/or ETFs within the same category. It represents a starting point from which investors evaluate if the core makes sense for their own risk tolerance, suitability, goals and objectives. It is not a buy or sell recommendation. There are many types of risk, including interest rate, market, political, and currency. Each type of risk can affect the value of the securities in your account.

Overview       
Start Date1/1/11
End Date12/31/19
Initial Balance$10,000.00
Periodic AdjustmentNone
RebalancingRebalance quarterly
Reinvest DividendsYes
BenchmarkInvesco DB Base Metals
Portfolio Performance
MetricCompass Industrial MetalsInvesco DB Base Metals
Start Balance$10,000.00$10,000.00
End Balance$9,618.00$6,324.00
End Balance (inflation adjusted)$8,203.00$5,394.00
CAGR-0.43%-4.96%
CAGR (inflation adjusted)-2.18%-6.63%
Stdev19.40%17.21%
Best Year26.44%30.09%
Worst Year-20.07%-25.28%
Max. Drawdown-50.17%-54.60%
Sharpe Ratio0.04-0.24
Sortino Ratio0.06-0.33
US Stock Market Correlation0.330.42
Risk and Return Metrics
MetricCompass Industrial MetalsInvesco DB Base Metals
Arithmetic Mean (monthly)0.12%-0.30%
Arithmetic Mean (annualized)1.47%-3.53%
Geometric Mean (monthly)-0.04%-0.42%
Geometric Mean (annualized)-0.43%-4.96%
Volatility (monthly)5.60%4.97%
Volatility (annualized)19.40%17.21%
Downside Deviation (monthly)3.99%3.70%
Max. Drawdown-50.17%-54.60%
US Market Correlation0.330.42
Beta (*)0.711
Alpha (annualized)4.02%0.00%
R Squared39.99%100.00%
Sharpe Ratio0.04-0.24
Sortino Ratio0.06-0.33
Treynor Ratio (%)1.2-4.2
Calmar Ratio0.990.05
Active Return4.53%N/A
Tracking Error15.82%N/A
Information Ratio0.29N/A
Skewness-0.34-0.24
Excess Kurtosis0.741.58
Historical Value-at-Risk (5%)-9.47%-7.33%
Analytical Value-at-Risk (5%)-9.00%-8.47%
Conditional Value-at-Risk (5%)-12.71%-10.80%
Upside Capture Ratio (%)69.96100
Downside Capture Ratio (%)62.49100
Safe Withdrawal Rate7.89%6.69%
Perpetual Withdrawal Rate0.00%0.00%
Positive Periods56 out of 108 (51.85%)56 out of 108 (51.85%)
Gain/Loss Ratio0.980.79
(*) Invesco DB Base Metals is used as the benchmark for calculations. Value-at-risk metrics are based on monthly values.
Annual Returns
YearInflationCompass Industrial Metals ReturnInvesco DB Base Metals ReturnCompass Industrial Metals BalanceInvesco DB Base Metals BalanceCompass Industrial Metals Income (%)Compass Industrial Metals Income ($)
20112.96%-10.02%-23.66%$8,998.00$7,634.000.00%$0.00
20121.74%9.05%3.38%$9,812.00$7,892.000.00%$0.00
20131.50%-19.63%-12.55%$7,886.00$6,901.000.00%$0.00
20140.76%-6.19%-5.69%$7,398.00$6,508.000.00%$0.00
20150.73%-20.07%-25.28%$5,913.00$4,863.000.00%$0.00
20162.07%11.49%25.59%$6,592.00$6,107.000.00%$0.00
20172.11%17.99%30.09%$7,778.00$7,945.000.00%$0.00
20181.91%-2.20%-19.47%$7,607.00$6,398.000.00%$0.00
20192.29%26.44%-1.16%$9,618.00$6,324.000.00%$0.00
Asset Allocation for Compass Industrial Metals
CategoryWeight
US Stocks0.00%
Intl Stocks0.00%
US Bonds0.00%
Intl Bonds0.00%
Other100.00%
Cash0.00%
Drawdowns for Compass Industrial Metals
RankStartEndLengthRecovery ByRecovery TimeUnderwater PeriodDrawdown
1May-11Nov-154 years 7 months-50.17%
2Jan-11Jan-111 monthFeb-111 month2 months-3.26%