Explorer Mid Cap Blend

Explorer Accounts: U.S. Equity

Summary

The Explorer Mid-Cap Blend Account invests in U.S. stocks of various sizes and styles, giving it a middle-of-the-road profile. The portfolio manager focuses primarily on low to mid-priced growth stocks. The U.S. mid-cap range for market capitalization typically falls between $1 billion and $8 billion and represents 20% of the total capitalization of the U.S. equity market.

Benchmark: Dow Jones U.S. Mid-Cap Total Stock Market Index

Core Facts

Asset Class U.S. Equity
Category Mid Cap Blend
Expense Ratio [1] 0.0%
Commissions [2] 0.0%
Fee [3] 0.35%
Minimum investment [4] $1000 US
Account number E071
Account manager Galleon Wealth Management
Region North America/US
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
Advanced Micro Devices, Inc.-40.721.1143.91
Global Payments Inc.0.41%199.337.5625.57
CDW Corporation1.07%135.436.5521.89
Lam Research Corporation1.56%278.3218.4916.08
TransDigm Group Incorporated-616.4324.4124.77
Fiserv, Inc.-127.254.9723.85
L3Harris Technologies, Inc.1.43%245.6311.4518.57
NVR, Inc.-4,148.50226.3216.83
IHS Markit Ltd.-76.712.8627.95
Motorola Solutions, Inc.1.53%181.128.5719.94

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.

Performance

Overview       
Start Date1/1/14
End Date12/31/19
Initial Balance$10,000.00
Periodic AdjustmentNone
RebalancingRebalance quarterly
Reinvest DividendsYes
BenchmarkVanguard Mid-Cap ETF
Portfolio Performance
MetricExplorer Mid Cap BlendVanguard Mid-Cap ETF
Start Balance$10,000.00$10,000.00
End Balance$32,085.00$17,705.00
End Balance (inflation adjusted)$29,098.00$16,056.00
CAGR21.45%9.99%
CAGR (inflation adjusted)19.48%8.21%
Stdev10.64%12.48%
Best Year49.41%30.97%
Worst Year2.66%-9.22%
Max. Drawdown-8.45%-15.75%
Sharpe Ratio1.810.76
Sortino Ratio3.741.17
US Stock Market Correlation0.880.96
Risk and Return Metrics
MetricExplorer Mid Cap BlendVanguard Mid-Cap ETF
Arithmetic Mean (monthly)1.68%0.86%
Arithmetic Mean (annualized)22.11%10.83%
Geometric Mean (monthly)1.63%0.80%
Geometric Mean (annualized)21.45%9.99%
Volatility (monthly)3.07%3.60%
Volatility (annualized)10.64%12.48%
Downside Deviation (monthly)1.46%2.30%
Max. Drawdown-8.45%-15.75%
US Market Correlation0.880.96
Beta (*)0.731
Alpha (annualized)12.57%0.00%
R Squared73.88%100.00%
Sharpe Ratio1.810.76
Sortino Ratio3.741.17
Treynor Ratio (%)26.39.45
Calmar Ratio3.030.78
Active Return11.46%N/A
Tracking Error6.38%N/A
Information Ratio1.8N/A
Skewness-0.2-0.46
Excess Kurtosis0.551.18
Historical Value-at-Risk (5%)-4.36%-6.60%
Analytical Value-at-Risk (5%)-3.38%-5.07%
Conditional Value-at-Risk (5%)-5.59%-8.59%
Upside Capture Ratio (%)112.54100
Downside Capture Ratio (%)39.6100
Safe Withdrawal Rate27.12%21.05%
Perpetual Withdrawal Rate16.31%7.59%
Positive Periods51 out of 72 (70.83%)50 out of 72 (69.44%)
Gain/Loss Ratio1.610.83
(*) Vanguard Mid-Cap ETF is used as the benchmark for calculations. Value-at-risk metrics are based on monthly values.
Portfolio Returns Based Style Analysis
Style CategoryExplorer Mid Cap BlendVanguard Mid-Cap ETF
Large-cap Value27.93%7.86%
Large-cap Growth38.46%19.95%
Mid-cap Value10.48%19.70%
Mid-cap Growth0.00%43.73%
Small-cap Value0.00%0.00%
Small-cap Growth0.00%0.00%
Global ex-US Developed Markets0.00%3.83%
Emerging Markets0.99%1.73%
REITs11.55%3.20%
Corporate Bonds0.00%0.00%
Long-Term Treasuries10.59%0.00%
Intermediate-Term Treasuries0.00%0.00%
Short-Term Treasuries0.00%0.00%
R Squared78.78%95.38%
Style analysis is based on monthly returns from Jan 2014 to Dec 2019 and uses total portfolio return with monthly rebalancing. Returns based style analysis aims to explain the portfolio returns based on asset class exposures, it does not identify the actual portfolio holdings.
Asset Allocation
CategoryWeight
US Stocks100.00%
Intl Stocks0.00%
US Bonds0.00%
Intl Bonds0.00%
Other0.00%
Cash0.00%
Equity Market Capitalization
CategoryWeight
Large Cap96.30%
Mid Cap3.70%
Small Cap0.00%
Stock Sectors
CategoryWeight
Basic Materials3.84%
Consumer Cyclical15.37%
Financial Services3.84%
Real Estate0.00%
Consumer Defensive3.84%
Healthcare0.00%
Utilities15.37%
Communication Services0.00%
Energy7.68%
Industrials0.00%
Technology23.05%
Capital Goods19.31%
Miscellaneous7.68%
Drawdowns (worst 10)
RankStartEndLengthRecovery ByRecovery TimeUnderwater PeriodDrawdown
1Oct-18Dec-183 monthsFeb-192 months5 months-8.45%
2Mar-15Sep-157 monthsOct-151 month8 months-6.62%
3Feb-18Feb-181 monthJun-184 months5 months-4.84%
4Sep-14Sep-141 monthNov-142 months3 months-4.10%
5Nov-15Jan-163 monthsMar-162 months5 months-3.72%
6Jul-14Jul-141 monthAug-141 month2 months-2.77%
7Oct-16Oct-161 monthNov-161 month2 months-1.92%
8May-19May-191 monthJun-191 month2 months-1.14%
9Dec-17Dec-171 monthJan-181 month2 months-1.04%
10Jan-14Jan-141 monthFeb-141 month2 months-0.68%
Rolling Returns
YearExplorer Mid Cap Blend 3-year annualized returnExplorer Mid Cap Blend 5-year annualized returnVanguard Mid-Cap ETF 3-year annualized returnVanguard Mid-Cap ETF 5-year annualized return
201617.44%N/A7.68%N/A
201719.65%N/A9.39%N/A