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Risk Protection

A multi-manager portfolio by Covestor

The Risk Protection Multi-manager portfolio is designed to provide less volatility and drawdowns than a broad market index such as the S&P 500. This Multi-manager portfolio is designed to perform similarly to a balanced portfolio with a mix of stocks and bonds.

Risk score

Risk Score 2
2
5.5%

Best 30 days

-2.6%

Worst 30 days

Performance

  • 0.0%
    30 day
  • 2.6%
    90 day
  • 9.4%
    S.I.
    September 10, 2013
Monthly vs S&P500
Covestor - Risk Protection Monthly vs S&P500
-9.7% S.I.
  • $100,000 investment min
  • Margin account required
  • 1% fee

This multi-manager portfolio consists of

Portfolio commentary

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    22 July 2014

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  4. Getting your financial house in order before the baby arrives 11 July 2014
  5. Can we take a summer vacation from the euro crisis this year? 11 July 2014

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Performance detail

Covestor Multi-Manager simulated performance

  • Manager (net of fees)
  • Dow Jones Moderate

Performance

Covestor inception September 10, 2013

as of July 30, 2014 Manager (net of fees) Dow Jones Moderate S&P 500
Past 30 days 0.0% -0.4% 0.6%
Past 90 days 2.6% 2.9% 5.1%
Since Covestor inception 9.4% 11.2% 19.1%
2014 (YTD) 3.7% 5.3% 7.8%

Risk metrics

Since Covestor inception

as of July 30, 2014 Manager (net of fees) Dow Jones Moderate S&P 500
Best 30 days 5.5% 4.8% 7.9%
Worst 30 days -2.6% -2.0% -4.8%
Volatility 7.0% 5.3% 10.3%
Sharpe Ratio 1.51 2.40 2.10
Sortino Ratio 2.15 3.48 2.94
Maximum Drawdown -4.0% -3.0% -5.7%
Value-at-risk (95%, 1 week) -1.6% -1.2% -2.4%
vs. Dow Jones Moderate vs. S&P 500
Information Ratio - 0.76 - 2.50
Alpha -4.1% -2.6%
Beta 1.23 0.64
R-Squared 0.87 0.88

Replicability

100.0%
  • Replicable

Top 5 Holdings View all

9.6%
6.1%
5.7%
3.4%
2.5%
  • $100,000 investment min
  • Margin account required
  • 1% fee

Latest transactions View all

Average trades per month 31.2
Executed Symbol Security Replicable Type Price
07/17/14 INTC Intel Corp Yes Sell $33.96
07/14/14 CEW WisdomTree Emerging Currency Strategy Fund Yes Buy $20.68
07/14/14 BNDX Vanguard Total International Bond ETF Yes Buy $51.42
07/01/14 PRE PartnerRe Ltd Yes Sell $109.80
06/30/14 IWF iShares Russell 1000 Growth ETF Yes Buy $91.05
06/30/14 BNDX Vanguard Total International Bond ETF Yes Buy $51.41
06/30/14 BND Vanguard Total Bond Market ETF Yes Buy $82.20
06/30/14 MLPI ETRACS Alerian MLP Infrastructure Index ETN Yes Buy $44.51

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.