Diversified Equity Icon

Diversified Equity

A multi-manager portfolio by Covestor

The Diversified Equity Multi-manager portfolio attempts to provide less volatility and fewer drawdowns than a broad market index such as the S&P 500. This Multi-manager portfolio attempts to outperform the broad equity markets.

Risk score

Risk Score 3
3
7.3%

Best 30 days

-6.1%

Worst 30 days

Performance

  • -2.8%
    30 day
  • -3.9%
    90 day
  • 3.2%
    S.I.
    December 09, 2013
Monthly vs S&P500
Covestor - Diversified Equity Monthly vs S&P500
-6.1% S.I.
  • $50,000 investment min
  • Margin account required
  • 1.5% fee

This multi-manager portfolio consists of

Portfolio commentary

  1. As share buybacks wane investors feel the pain

    22 October 2014

    Share buybacks are declining, a bad omen for the stock market.

  2. This could be the ultimate contrarian investment right now 15 October 2014
  3. Should investors fear "animal spirits" in October? 14 October 2014
  4. Why October may present a buying opportunity for stocks 7 October 2014
  5. 5 tips to weatherproof your portfolio 6 October 2014

show more


Performance detail

Multi-Manager simulated performance

  • Manager (net of fees)

Performance

Covestor inception December 09, 2013

as of October 21, 2014 Manager (net of fees) S&P 500
Past 30 days -2.8% -3.3%
Past 90 days -3.9% -1.8%
Since Covestor inception 3.2% 9.2%
2014 (YTD) 1.2% 6.7%

Risk metrics

Since Covestor inception

as of October 21, 2014 Manager (net of fees) S&P 500
Best 30 days 7.3% 7.9%
Worst 30 days -6.1% -6.7%
Volatility 9.1% 11.2%
Sharpe Ratio 0.40 0.95
Sortino Ratio 0.54 1.22
Maximum Drawdown -7.8% -7.3%
Value-at-risk (95%, 1 week) -2.1% -2.6%
vs. S&P 500
Information Ratio - 1.66
Alpha -4.2%
Beta 0.76
R-Squared 0.87

Replicability

100.0%
  • Replicable

Top 5 securities View all

8.8%
5.2%
4.5%
4.1%
3.9%
  • $50,000 investment min
  • Margin account required
  • 1.5% fee

Latest transactions View all

Average trades per month 36.5
Executed Symbol Security Replicable Type Price
10/15/14 RDS/A Royal Dutch Shell PLC Yes Sell $67.87
10/15/14 IVW iShares S&P 500 Growth ETF Yes Buy $101.21
10/15/14 DBOEY Deutsche Boerse AG Yes Sell $6.36
10/15/14 XLV Health Care Select Sector SPDR Fund Yes Buy $61.02
10/15/14 DWA DreamWorks Animation SKG Inc Yes Sell $21.08
10/15/14 HUWHY Hutchison Whampoa Ltd Yes Sell $24.89
10/15/14 CBRL Cracker Barrel Old Country Store Inc Yes Sell $107.19
10/15/14 AKO/B Embotelladora Andina SA Yes Sell $18.92

Important Information

  1. Past performance is no guarantee of future results.
  2. Before investing, consider the portfolios’ investment objectives, risks, charges, and expenses.
  3. Neither diversification nor asset allocation ensures a profit or guarantees against loss.
  4. The individual portfolios that comprise the Multi-Manager Portfolios are selected based on certain selection criteria. Portfolio selection by Covestor is not a personalized recommendation or endorsement of any portfolio for an investor's individual circumstances.
  5. Portfolio performance fluctuates and periods of market strength may not be repeated.
  6. Disclosures related to the portfolios and managers comprising the Multi-Manager Portfolios can be found at the underlying portfolio and manager pages.
  7. Simulated performance of multi-manager portfolios is calculated as a weighted average daily performance of the underlying portfolios. It reflects the allocations through time of portfolios included in the multi-manager portfolio. The simulation does not include trading costs for changes to allocations, for example when the multi-manager portfolio is rebalanced. This means performance will be overstated, though not materially, relative to what a client might achieve. Fees are subtracted from the performance on a monthly basis to present the net return.
  8. Performance of the portfolio manager's account is calculated by Covestor on a daily time-weighted basis, including cash, dividends and earnings distributions, and broker commissions. Manager returns include trades that fail Covestor's trading rules, do not reflect any Covestor suitability or risk score restrictions and are exclusive of Covestor fees. More
  9. Average client returns ("Avg Client") are calculated by Covestor and are composed of the average, daily, time weighted returns of all active investments in the underlying portfolio. These daily average returns are then linked together for the timeframe requested. In addition, these returns include cash, dividends and earnings distributions, brokerage commissions, Covestor advisory fees, and reflect individual client suitability and risk score restrictions. More
  10. All graph data is as of the end of day for the referenced period, unless otherwise specified. The investment minimum is the minimum investment required to follow a particular portfolio. The minimum amount is determined by Covestor, based on the characteristics of the underlying portfolio. It should not be considered as specific investment advice for your investment situation.
  11. The performance charts are provided for informational purposes only, and should not be used as the basis for making an investment decision. Variables such as corporate actions or foreign exchange may affect daily performance displays. We rely on mathematical formulas, computer programs, and pricing information from third-party vendors to provide these returns. Neither Covestor nor any of its data or content providers shall be liable for any errors in this information or any actions taken by you in reliance upon this information.
  12. Benchmark returns have been calculated by Covestor using a time-weighted calculation of daily index valuations. Benchmarks presented are total return and therefore inclusive of cash, dividends and earnings distributions but not transaction costs. More
  13. Leverage indicates the level of margin utilized and is calculated by dividing gross exposure by portfolio net liquidation value.
  14. All Portfolio Manager information including personal data, profiles, strategies, monthly investment reports, and historical results outside of Covestor has been provided by the Portfolio Manager. Covestor makes no representation or warranty of its accuracy, completeness or relevance and it does not represent the opinions of Covestor. Transaction history is available upon request. Portfolio classifications (Approach, Asset Class) are provided by Covestor, and are intended to serve as a general guide.
  15. These securities are currently held in the portfolio manager's brokerage account. Holdings in the "Replicable Holdings" table currently pass Covestor's trading rules, subject to individual client constraints. Eligibility for replication may change over time. Actual client holdings may vary.
  16. These transactions were executed in the portfolio manager's brokerage account. Those marked as "Replicable Transactions" passed Covestor's trading rules and were eligible for replication at the time of execution, subject to individual client constraints. Eligibility for replication may change over time. Actual client trade activity may vary.
  17. S&P 500 Index is an unmanaged index compiled by Standard & Poor´s Corp. Index returns do not reflect any management fees, transaction costs or expenses. Individuals cannot invest directly in an Index. S&P 500 index data: S&P/Dow Jones Indices LLC, a subsidiary of The McGraw-Hill Companies Copyright © 2014.