Small Cap Growth
Crabtree Small Cap Growth is a cross-sector long-only investment strategy. It seeks to outperform the Russell 2000 Growth Index. The strategy seeks to invest in companies that consistently meet three criteria that Barry calls the Crabtree Attributes, laid out below. Potential investments must: a) consistently generate cash, b) hold on to or increase their market share, and c) do so while executing on their operational and financial plans.
Performance Chart
All performance information is of the Portfolio Manager account, net of management fees.
All performance information is of the Portfolio Manager account net of management fees, and not of any investing client accounts.
Actual client returns will differ based on client-specified security exclusions, client cash flow behavior (investments and divestments), and trading restrictions placed on client accounts by brokerage.
The management fees applicable to Interactive Advisors proprietary portfolios are actually charged to
the Interactive Advisors accounts managing those portfolios, whereas the management fees applicable to
Portfolio Manager portfolios are applied retroactively as simulated fees to the Portfolio Manager account returns (as
Interactive Advisors does not manage or control these accounts) for purposes of this net-of-fees performance presentation only.
Performance, composition and volatility could vary significantly from that of the benchmark(s), which are
provided for illustrative purposes only.
This information was calculated up to Nov 19, 2024.
Metrics
Performance
The performance table shows the returns over various time periods, including the time periods that are clickable on the chart, calendar years and also the Since inception (annualized) performance which is the year over year growth rate of portfolio asset value.
| Last 30 days | 8.2% |
| Last 90 days | 17.3% |
| Last 365 days | 51.0% |
| Last 5 years | 139.0% |
| Since inception (Mar 24, 2016) | 296.3% |
| Since inception (annualized) | 17.2% |
| 2024 (YTD) | 36.5% |
| 2023 | 30.8% |
| 2022 | -18.2% |
| 2021 | 27.5% |
| 2020 | 23.6% |
| 2019 | 21.6% |
| 2018 | -6.4% |
| 2017 | 29.1% |
Risk metrics (last 365 days)
The risk metrics table is only present for portfolios with more than a 365 day track record which is needed to meaningfully compute the summary risk metrics.
You can learn more here.
| Volatility
The standard deviation of portfolio returns; a measure of risk. |
21.1% |
| Sharpe ratio
A measure of risk-adjusted portfolio return. |
2.14 |
| Sortino ratio
A measure of portfolio return adjusted for down-side volatility. |
3.49 |
| Maximum drawdown
Maximum value lost from peak to trough over the last year. |
-9.1% |
| Value-at-risk (95%, 1 week)
Estimates the potential loss of a portfolio with a specified confidence level and time horizon. |
-4.9% |
Estimate your costs
All costs shown are estimated and consist of the annual management fee applicable to the specific portfolio displayed. We compute the annual management fee applicable to your investments daily and charge it to you monthly in arrears or in conjunction with a withdrawal.
On a daily basis, the applicable fee associated with each portfolio you invest in will be applied to the end-of-day gross market value of your investment in that portfolio and the resulting amount will be divided by 365. At the end of each month, you will be charged a fee made up of the sum of all daily fees calculated during that month for each portfolio investment. The more assets you invest in a given portfolio with us, the higher the amount of the annual fee charged to you.
No trading commissions apply to trading in any of the portfolios due to the IBKR-LITE commissions structure we have selected for all of your clients. For portfolios including ETFs, additional expense ratios will need to be paid to the ETF issuer and they are not included in this calculation.
Portfolio information
Barry has used the same screens for over 19 years to find his potential investments. His screening process measures cash flow, changes in market share and looks for signs of business model execution. Stocks that he thinks possess the Crabtree Attributes are subject to additional fundamental analysis. The Crabtree Small Cap Growth portfolio is rebalanced roughly every six months using this unbiased, disciplined process.
Barry’s investing style starts with a disciplined process that helps him find companies with the Crabtree Attributes. He personally believes that a portfolio of companies with these attributes can generate positive, risk-adjusted returns. He seeks to build a broad base of knowledge about all small capitalization companies, instead of knowing 'everything' about just a handful of companies. This portfolio will not invest in Exchange Traded Funds (“ETFs”), but will invest in US traded stocks and American Depositary Receipts (“ADRs”). ADRs are receipts of shares of foreign companies that trade on the US stock market. Barry regularly scans the universe of public small cap companies for possible investment ideas. For purposes of this portfolio, small cap companies are companies with market capitalizations between $100 million and $3 billion. Barry searches for small cap companies that consistently generate cash, are maintaining or increasing their market share and are executing on their operational and financial plans.
The main reason stocks held in the portfolio are sold is because Barry believes they no longer possess the Crabtree Attributes. In that case, the company is sold as part of the rebalancing process, regardless of its stock price or price direction.
Barry reserves 10% of the portfolio for companies he believes possess the Crabtree Attributes but were not spotted by his screening process. Companies not caught by the screen may have recently gone public or spun off from another company, or carry a premium valuation because of a potentially superior business model.
Portfolio updates
Manager
Crabtree Asset Management
Crabtree Asset Management invests in growing technology companies.
Barry Randall is the firm's founder and chief investment officer. He has more than 20 years of professional investing experience. Barry spent five years as a technology stock analyst and 10 more years managing mutual funds that focused on small-cap and technology stocks. He has experience managing mutual funds and separately managed accounts as large as $650 million. Prior to earning his MBA in 1993, he spent six years as a professional computer programmer.
Barry earned a Wall Street Journal 'Category King' award for his co-management of a small cap mutual fund in 2006. As of December 2022, Morningstar rated the Crabtree Multi-Cap Technology composite, of which the Crabtree Technology strategy offered at Interactive Advisors is a component, as having Five Stars for 3-Year, 5-year and Overall performance and Four Stars for 10-Year performance. Barry has been quoted regularly in Forbes, US News & World Report, TheStreet.com and E-Commerce Times. He has appeared on CNBC, Bloomberg TV and Fox Business News.
Crabtree Asset Management LLC was founded in 2008 and is headquartered in Saint Paul, Minnesota.
Investment process
Barry regularly scans a universe of 1,400 potential holdings for possible investment ideas. He searches for companies that consistently generate cash, are increasing their market share and are executing their operational and financial plans.
Barry's stock purchases sometimes become takeover targets. Since he first offered the Crabtreee Technology portfolio in 2009, some of Crabtree's holdings have been acquired in M&A transactions.
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Disclosures
Past performance is no guarantee of future results, and all investments, including those in this portfolio, involve the risk of loss, including loss of principal and a reduction in earnings.
This portfolio was launched on Interactive Advisors on March 24, 2016, when clients were able to start investing in it. All performance information on this page is actual performance of the Portfolio Manager’s account and presented “net of fees”. The actual performance chart is provided for informational purposes only, and should not be used as the basis for making an investment decision. Actual client returns will differ. All Portfolio Manager information including personal data, profiles, and strategies has been provided by the Portfolio Manager. Interactive Advisors makes no representation or warranty of its accuracy, completeness or relevance and it does not represent the opinions of Interactive Advisors.
All performance information on this page is based on the performance of the Portfolio Manager’s account, using the manager’s own funds. Performance of the Portfolio Manager's account is calculated by Interactive Advisors on a daily time-weighted basis, including cash, dividends and earnings distributions and reflects the deduction of broker commissions (when commissions were charged). Manager returns include trades and positions that fail Interactive Advisors' trading rules, as a result, actual client returns will differ. Interactive Advisors’ advisory fees are simulated and applied retroactively to present the portfolio return “net-of-fees”.
In addition to Interactive Advisors’ management fees, clients will also be charged management fees and other expenses (custodian fees, brokerage commissions, and legal and accounting fees) by ETF issuers if the portfolio contains ETFs.