Changed

The chart shows the growth of an initial investment of $10,000 in Changed, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced Every month.

Based on dividend-adjusted daily data since Dec 3, 2025, Changed's average daily return is +0.10%, while the average monthly return is +2.71%. At this rate, an investment would double in approximately 2.2 years.

Historically, 80% of months were positive and 20% were negative. The best month was Apr 2026 with a return of +11.4%, while the worst month was Mar 2026 at -6.9%. The longest winning streak lasted 3 consecutive months, and the longest losing streak was 1 months.

On a daily basis, Changed closed higher 50% of trading days. The best single day was Feb 6, 2026 with a return of +5.0%, while the worst single day was Mar 26, 2026 at -2.8%.

Changed has an annualized alpha of 38.41%, beta of 1.25, and R² of 0.67 versus S&P 500 Index. Calculated based on daily prices since December 03, 2025.

• This portfolio captured 293.35% of S&P 500 Index gains but only 90.75% of its losses — a favorable profile for investors.
• This portfolio generated an annualized alpha of 38.41% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.

Changed has an expense ratio of 0.02%, which is considered low. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.

There isn't enough data available to calculate the Sharpe ratio for Changed. This metric is based on the past 12 months of trading data. Please check back later for updated information.

Changed provided a 1.87% dividend yield over the last twelve months.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Changed. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Changed was 11.52%, occurring on Mar 30, 2026. Recovery took 15 trading sessions.

The chart below shows the rolling one-month volatility.