PCST - Risk

Risk & Diversification Scores

Transparent evaluation of price volatility (SRI) and 4-dimensional portfolio diversification.

Volatility Risk Score

7/7 Very High

7 / 7 SRI PRIIPs Risk Class

Very high volatility or fundamental risks. Significant loss potential; strictly for aggressive investors.

Volatility (5Y)

110.6% p.a.

5-Year Horizon

Max Drawdown (5Y)

-90.9%

Deepest Drawdown

Sharpe Ratio

-0.28

Negative (< 0.0)

Rec. Holding Period

10+ Years

Investment Horizon

Speculative / High Risk: Score Basis:

Diversification Score

Broadly Diversified (< 35%)

47 / 100 Portfolio Diversification

4 Dimensions: Holdings (30%) • Sectors (25%) • Industries (25%) • Regions (20%)

High risk diversification: No dependency on individual heavyweights.

Top 10 Holdings

30.7%

Low Concentration

Effective Holdings

~58

of 72 holdings

Top Sector

92.5%

Technology

Top Region / Country

95.9%

United States

Excellent multi-dimensional diversification across holdings, industries, and geographies.

Multi-Horizon Risk & Performance Matrix

Historical volatility, drawdowns, and risk-adjusted return across 1, 3, 5, and 10 years.

High Volatility

Timeframe	Volatility (p.a.)	Max Drawdown	Sharpe Ratio	Return (p.a.)
1 Year	—	—	—	0%
3 Years	25.8%	-31.3%	-0.06	+1%
5 Years	110.6%	-90.9%	-0.28	-28.5%
10 Years	696.9%	-95.7%	-0.02	-10.1%

Notes & Warnings

⚠️ Elevated valuation: Avg P/E of 31.0

🟢 Balanced position distribution (< 35% in Top 10)

🟢 Deep market liquidity & capital coverage (Tier 1)

🟢 Established large fund (> 500M € AUM)

🔴 Low analyst coverage (7.8 analysts, higher growth estimate uncertainty)

🔴 Severe sector concentration risk: 92% in "Technology".

🔴 Non-UCITS Fund: Cannot be purchased directly via EU brokers under PRIIPs rules. Trading requires tokenized assets (e.g. Robinhood) or US access.

ℹ️ Tech-Capex Exposure: 58% in semiconductors & hardware – dependent on hyperscaler capex cycles.

🔴 Structurally High Volatility: Above-average fluctuations persist across 5 to 10 years (110.6% p.a.).

⚠️ Historical Stress Test: Maximum peak-to-trough drawdown of -95.7% in the extended horizon.