The Value portfolio is a portfolio designed to systematically deliver return and risk characteristics of large and mid cap value stocks within the US equity market. The portfolio is implemented using a rules-based approach and offered at a relatively low cost.
Performance Chart
All performance information is of the Portfolio Manager account, net of the current management fee.
All performance information is of the Portfolio Manager account net of the current management fee, 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 current management fee applicable to Interactive Advisors proprietary portfolios is actually charged to the Interactive Advisors accounts managing those portfolios, whereas the current management fee applicable to Portfolio Manager portfolios is charged retroactively as a simulated fee to the Portfolio Manager accounts which Interactive Advisors does not manage or control and 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 Dec 07, 2022.
Performance Table
Performance
| Last 30 days | 4.8% |
| Last 90 days | 4.3% |
| Last 365 days | -2.7% |
| Last 5 years | 34.8% |
| Since inception (Nov 03, 2016) | 74.3% |
| Since inception (annualized) | 9.5% |
| 2022 (YTD) | -6.5% |
| 2021 | 29.8% |
| 2020 | 0.5% |
| 2019 | 26.3% |
| 2018 | -13.9% |
| 2017 | 16.3% |
Risk metrics (last 365 days)
| Volatility | 22.9% |
| Sharpe ratio | -0.36 |
| Sortino ratio | -0.57 |
| Maximum drawdown | -20.4% |
| Value-at-risk (95%, 1 week) | -5.3% |
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
A factor-based approach to portfolio construction is grounded in academic research. The goal is to achieve an alternative risk-return profile, which is more attractive than a simple capitalization-weighted index such as the S&P 500. Interactive Advisors has undertaken research and back-testing to decide on the fundamental factors and rules used to construct this portfolio.
The portfolio is constructed using a rules-based algorithm to determine position allocations. The portfolio is rebalanced quarterly and stocks exhibiting attractive value characteristics have a greater chance of being included.
Sell decisions are based only upon the quarterly rebalance criteria: stocks sold are replaced by stocks with more attractive value characteristics.
Positions in stocks undergoing corporate actions may be sold or adjusted.
Portfolio updates
Manager
IA Smart Beta
Interactive Advisors is a pioneer in online investing. Interactive Advisors offers a variety of portfolios, including the Smart Beta portfolios, which are managed by Interactive Advisors's Chief Investment Officer and Investment Management team.
The “Smart Beta” approach to portfolio construction is grounded in academic research. The goal is to achieve an alternative risk-return profile which is more attractive than a simple capitalization-weighted index such as the S&P 500. Interactive Advisors Smart Beta portfolios are designed to provide systematic exposure to a fundamental factor or combination of factors.
Portfolios are constructed using a rules-based approach and offered at a relatively low cost.
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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 November 03, 2016. On that date, Interactive Advisors started trading its own funds in a brokerage account trading this strategy. This portfolio was opened to client investments on November 03, 2016. All performance information on this page is actual performance of the Interactive Advisors proprietary 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.
The ESG variants of the Smart Beta and Asset Allocation Portfolios and the Socially Responsible Investing portfolios use an Environmental, Social and Governance (“ESG”) investment strategy. Such a strategy could limit the types and number of investment opportunities available to this portfolio, lead the portfolio to underperform a portfolio without an ESG focus or with a distinct ESG focus, and result in the portfolio investing in securities or industry sectors that underperform the market as a whole or foregoing opportunities to invest in securities that might otherwise be advantageous to invest in. Interactive Advisors could also be unsuccessful in creating a portfolio investing in stocks of companies or ETFs made up of companies that exhibit positive or favorable ESG characteristics and the ETF manager (or the provider of the index the ETF seeks to track) may not succeed in selecting issuers that exhibit positive or favorable ESG characteristics in constructing the ETFs.
Additional information on the risks, conflicts of interest, applicable brokerage commissions, fractional shares, and limitations on investments and divestments associated with this portfolio can be found here and on the Forms and Agreements page.