Voyager Diversified Emerging Markets

Voyager Accounts: International Equity

Summary

The Voyager Diversified Emerging Markets Account divides its assets among 10 or more nations, with a primary focus on the emerging markets of Asia and Latin America. The account may also include stocks from companies based in the Middle East, Africa, or parts of Europe. The portfolio manager invests predominantly in emerging market equities, but may also invest in both equities and fixed income investments from emerging markets.

Benchmark: S&P Emerging LargeMidCap (USD)

Core Facts

Asset Class International Equity
Category Diversified Emerging Markets
Expense Ratio [1] 0.0%
Commissions [2] 0.0%
Fee [3] 0.40%
Minimum investment [4] $1000 US
Account number IE096
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
Taiwan Semiconductor Manufacturing Company Limited4.15%67.782.8720.47
HDFC Bank Limited0.52%76.002.5224.46
Petroleo Brasileiro S.A. - Petrobras1.88%20.011.2212.20
Alibaba Group Holding Limited-233.538.7825.51
Vale S.A.5.16%14.751.697.79
BlueStar Israel Technology ETF0.02%---
iShares MSCI Israel Capped ETF2.06%---
Itau Unibanco Holding S.A.0.61%10.630.7910.48
iShares MSCI Saudi Arabia ETF2.15%---
ARK Israel Innovative Technology ETF2.13%---

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 Date1/1/19
End Date12/31/19
Initial Balance$10,000
Periodic AdjustmentNone
RebalancingRebalance quarterly
Reinvest DividendsYes
BenchmarkiShares MSCI Emerging Markets ETF
Portfolio Performance
MetricVoyager Diversified Emerging MarketsiShares MSCI Emerging Markets ETF
Start Balance$10,000 $10,000
End Balance$12,323 $11,820
End Balance (inflation adjusted)$12,047 $11,556
CAGR23.23%18.20%
CAGR (inflation adjusted)20.47%15.56%
Stdev16.09%17.54%
Best Year23.23%18.20%
Worst Year23.23%18.20%
Max. Drawdown-6.23%-7.82%
Sharpe Ratio1.250.92
Sortino Ratio2.621.77
US Stock Market Correlation0.840.83
Risk and Return Metrics
MetricVoyager Diversified Emerging MarketsiShares MSCI Emerging Markets ETF
Arithmetic Mean (monthly)1.85%1.52%
Arithmetic Mean (annualized)24.64%19.83%
Geometric Mean (monthly)1.76%1.40%
Geometric Mean (annualized)23.23%18.20%
Volatility (monthly)4.64%5.06%
Volatility (annualized)16.09%17.54%
Downside Deviation (monthly)2.14%2.54%
Max. Drawdown-6.23%-7.82%
US Market Correlation0.840.83
Beta (*)0.891
Alpha (annualized)5.95%0.00%
R Squared94.83%100.00%
Sharpe Ratio1.250.92
Sortino Ratio2.621.77
Treynor Ratio (%)22.5216.12
Active Return5.03%N/A
Tracking Error4.11%N/A
Information Ratio1.22N/A
Skewness0.240.08
Excess Kurtosis0.38-0.34
Historical Value-at-Risk (5%)-5.27%-7.33%
Analytical Value-at-Risk (5%)-5.43%-6.81%
Conditional Value-at-Risk (5%)N/AN/A
Upside Capture Ratio (%)97.42100
Downside Capture Ratio (%)70.76100
Safe Withdrawal Rate100.00%100.00%
Perpetual Withdrawal Rate17.00%13.46%
Positive Periods9 out of 12 (75.00%)7 out of 12 (58.33%)
Gain/Loss Ratio0.991.56
(*) iShares MSCI Emerging Markets ETF is used as the benchmark for calculations. Value-at-risk metrics are based on monthly values.
Asset Allocation
CategoryWeight
US Stocks6.85%
Intl Stocks93.09%
US Bonds0.00%
Intl Bonds0.00%
Other0.00%
Cash0.06%
Equity Market Capitalization
CategoryWeight
Large Cap67.34%
Mid Cap17.32%
Small Cap15.34%
Stock Sectors
CategoryWeight
Basic Materials13.11%
Consumer Cyclical0.99%
Financial Services36.60%
Real Estate1.82%
Consumer Defensive0.90%
Healthcare3.71%
Utilities1.05%
Communication Services3.27%
Energy9.06%
Industrials2.10%
Technology19.62%
Miscellaneous7.75%
Drawdowns
RankStartEndLengthRecovery ByRecovery TimeUnderwater PeriodDrawdown
1May-19Aug-194 monthsDec-194 months8 months-6.23%