Explorer Small Cap Growth

Explorer Accounts: U.S. Equity

Summary

The Explorer Small Cap Growth Account invests primarily in faster-growing companies whose shares are at the lower end of the market-capitalization range. The portfolio manager tends to favor companies in up-and-coming industries or young firms in their early growth stages. These types of businesses are fast growing and often richly valued, so their stocks tend to be volatile. Stocks in the bottom 10% of the capitalization of the U.S. equity market are defined as small cap. Growth is defined based on fast growth (high growth rates for earnings, sales, book value, and cash flow) and high valuations (high price ratios and low dividend yields).

Benchmark: S&P SmallCap 600 Growth

Core Facts

Asset Class U.S. Equity
Category Small Cap Growth
Expense Ratio [1] 0.0%
Commissions [2] 0.0%
Fee [3] 0.35%
Minimum investment [4] $1000 US
Account number E075
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
Penumbra, Inc.-190.251.23128.53
RingCentral, Inc.-195.180.93199.77
Paylocity Holding Corporation-119.692.1463.15
EPAM Systems, Inc.-227.136.4735.11
Burlington Stores, Inc.-242.958.2527.85
Churchill Downs Incorporated0.42%151.003.7437.46
Trex Company, Inc.-91.672.9332.72
Insulet Corporation-177.210.74250.35
Teledyne Technologies Incorporated-360.0011.1833.13
Equity LifeStyle Properties, Inc.1.72%74.001.3751.53

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 Date1/1/14
End Date12/31/19
Initial Balance$10,000.00
Periodic AdjustmentNone
RebalancingRebalance quarterly
Reinvest DividendsYes
BenchmarkVanguard Small-Cap Growth ETF
Portfolio Performance
MetricExplorer Small Cap GrowthVanguard Small-Cap Growth ETF
Start Balance$10,000.00$10,000.00
End Balance$46,414.00$17,133.00
End Balance (inflation adjusted)$42,092.00$15,538.00
CAGR29.15%9.39%
CAGR (inflation adjusted)27.07%7.62%
Stdev15.54%14.83%
Best Year67.49%32.75%
Worst Year14.41%-5.69%
Max. Drawdown-12.88%-20.35%
Sharpe Ratio1.690.62
Sortino Ratio3.40.93
US Stock Market Correlation0.770.91
Risk and Return Metrics
MetricExplorer Small Cap GrowthVanguard Small-Cap Growth ETF
Arithmetic Mean (monthly)2.25%0.84%
Arithmetic Mean (annualized)30.65%10.58%
Geometric Mean (monthly)2.15%0.75%
Geometric Mean (annualized)29.15%9.39%
Volatility (monthly)4.49%4.28%
Volatility (annualized)15.54%14.83%
Downside Deviation (monthly)2.19%2.84%
Max. Drawdown-12.88%-20.35%
US Market Correlation0.770.91
Beta (*)0.91
Alpha (annualized)17.91%0.00%
R Squared74.27%100.00%
Sharpe Ratio1.690.62
Sortino Ratio3.40.93
Treynor Ratio (%)28.969.23
Calmar Ratio3.150.74
Active Return19.77%N/A
Tracking Error8.01%N/A
Information Ratio2.47N/A
Skewness-0.32-0.51
Excess Kurtosis01.14
Historical Value-at-Risk (5%)-5.96%-7.69%
Analytical Value-at-Risk (5%)-5.09%-6.20%
Conditional Value-at-Risk (5%)-8.35%-10.38%
Upside Capture Ratio (%)147.58100
Downside Capture Ratio (%)55.5100
Safe Withdrawal Rate30.23%19.44%
Perpetual Withdrawal Rate21.30%7.08%
Positive Periods52 out of 72 (72.22%)50 out of 72 (69.44%)
Gain/Loss Ratio1.340.75
(*) Vanguard Small-Cap Growth ETF is used as the benchmark for calculations. Value-at-risk metrics are based on monthly values.
Asset Allocation
CategoryWeight
US Stocks100.00%
Intl Stocks0.00%
US Bonds0.00%
Intl Bonds0.00%
Other0.00%
Cash0.00%
Equity Market Capitalization
CategoryWeight
Large Cap56.25%
Mid Cap43.75%
Small Cap0.00%
Stock Sectors
CategoryWeight
Basic Materials12.50%
Consumer Cyclical43.75%
Financial Services0.00%
Real Estate0.00%
Consumer Defensive0.00%
Healthcare6.25%
Utilities0.00%
Communication Services0.00%
Energy6.25%
Industrials0.00%
Technology25.00%
Capital Goods6.25%
Drawdowns (worst 10)
RankStartEndLengthRecovery ByRecovery TimeUnderwater PeriodDrawdown
1Oct-18Dec-183 monthsApr-194 months7 months-12.88%
2Aug-15Sep-152 monthsNov-152 months4 months-8.72%
3Dec-15Jan-162 monthsApr-163 months5 months-7.65%
4Mar-14May-143 monthsOct-145 months8 months-7.13%
5Sep-16Oct-162 monthsNov-161 month3 months-6.34%
6May-19May-191 monthJun-191 month2 months-2.86%
7Apr-15Apr-151 monthMay-151 month2 months-2.43%
8Jan-15Jan-151 monthFeb-151 month2 months-2.15%
9Feb-18Feb-181 monthMar-181 month2 months-1.07%
10Jan-14Jan-141 monthFeb-141 month2 months-0.64%
Rolling Returns
YearExplorer Small Cap Growth 3-year annualized returnExplorer Small Cap Growth 5-year annualized returnVanguard Small-Cap Growth ETF 3-year annualized returnVanguard Small-Cap Growth ETF 5-year annualized return
201618.65%N/A3.94%N/A
201725.56%N/A9.58%N/A
201827.15%22.61%8.42%5.24%
201940.59%31.55%15.12%10.50%