Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
VMFXX Vanguard Federal Money Market Fund | Money Market | 20,000,000% |
SWVXX Schwab Prime Advantage Money Fund Investor Shares | Money Market | 20,000,000% |
SPAXX Fidelity Government Money Market Fund | Money Market | 20,000,000% |
USD=X USD Cash | -59,999,900% |
Find the right asset allocation for SHORT
Add portfolio to the optimizer to find optimal allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio OptimizerPerformance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in SHORT, 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 3 months.
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Returns By Period
| Position | 1D | 1M | YTD | 6M | 1Y | 3Y* | 5Y* | 10Y* |
|---|---|---|---|---|---|---|---|---|
Benchmark S&P 500 Index | 1.75% | -0.09% | 8.02% | 7.15% | 22.78% | 19.45% | 11.73% | 13.53% |
Portfolio SHORT | — | — | — | — | — | — | — | — |
| Portfolio components: | ||||||||
SPAXX Fidelity Government Money Market Fund | 0.00% | 0.28% | 1.37% | 1.67% | 3.66% | 2.42% | 1.45% | — |
SWVXX Schwab Prime Advantage Money Fund Investor Shares | 0.00% | 0.29% | 1.45% | 1.77% | 3.85% | 4.71% | 3.14% | — |
USD=X USD Cash | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VMFXX Vanguard Federal Money Market Fund | 0.00% | 0.30% | 1.50% | 1.82% | 3.95% | 3.35% | 2.39% | — |
Monthly Returns
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 96.08% | 43.44% | 174,660.71% | 97.82% | 50.85% | 0.00% | 1,466,743.95% | ||||||
| 2025 | 97.33% | 44.00% | 206,093.21% | 99.04% | 51.84% | 200,717.09% | 104.80% | 51.95% | 197,831.95% | 104.21% | 45.40% | 187,064.28% | 121,725,045,433,848,100.00% |
| 2024 | 43,123.38% | 199.89% | 68.77% | 82,498.10% | 314.57% | 27.81% | 78,305.39% | 113.17% | 252,035.54% | 71.85% | 81.35% | 222,321.47% | 27,970,000,000,000,000,000.00% |
| 2023 | 107,868.65% | 129.02% | 100,313.22% | 208.11% | 66.06% | 100,731.32% | 209.21% | 67.05% | 61.88% | 173,821.97% | 100.55% | 39.45% | 52,099,789,969,817,480.00% |
| 2022 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 2021 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Benchmark Metrics
SHORT has an annualized alpha of 1227946446428545339743552155198389828786863116063464936951469841103290083958039167891397214181549160898466147503796596503087389636224002322011466977287932246791236247041471235059766329733387438432063397455550148597486333228112809708280701865184763452052454228634816073645716586430603404076158686330880.00%, beta of 526.66, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since May 25, 2021.
- This portfolio captured 412369311194.02% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -23689665920661.81%) - a profile typical of hedging or uncorrelated assets.
- R2 of 0.00 means this portfolio moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 1,227,946,446,428,545,300,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000.00%
- Beta
- 526.66
- R²
- 0.00
- Upside Capture
- 412,369,311,194.02%
- Downside Capture
- -23,689,665,920,661.81%
Expense Ratio
Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.
Return for Risk
Return / Risk — by metrics
The table below presents risk-adjusted performance metrics for SHORT and compares them with S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| Portfolio | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | 1.85 | — |
| Sortino ratioReturn per unit of downside risk | — | 2.52 | — |
| Omega ratioGain probability vs. loss probability | — | 1.34 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.52 | — |
| Martin ratioReturn relative to average drawdown | — | 11.31 | — |
How much return does each position deliver for the risk it carries? Higher values mean better reward for the risk taken.
| Position | Risk / Return Rank | Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio |
|---|---|---|---|---|---|---|
SPAXX Fidelity Government Money Market Fund | — | 3.65 | — | — | — | — |
SWVXX Schwab Prime Advantage Money Fund Investor Shares | — | 3.71 | — | — | — | — |
USD=X USD Cash | — | — | — | — | — | — |
VMFXX Vanguard Federal Money Market Fund | — | 3.67 | — | — | — | — |
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Dividends
Dividend yield
SHORT provided a 2,245,989.32% dividend yield over the last twelve months.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Portfolio | 2,245,989.32% | 2,415,602.84% | 1,634,493.94% | 1,968,374.78% |
| Portfolio components: | ||||
SPAXX Fidelity Government Money Market Fund | 3.59% | 3.88% | 1.53% | 0.41% |
SWVXX Schwab Prime Advantage Money Fund Investor Shares | 3.77% | 4.06% | 5.02% | 4.91% |
USD=X USD Cash | 0.00% | 0.00% | 0.00% | 0.00% |
VMFXX Vanguard Federal Money Market Fund | 3.87% | 4.14% | 1.63% | 4.53% |
Drawdowns
Drawdowns Chart
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the SHORT. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The portfolio has not yet recovered.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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Diversification
Diversification Metrics
Number of Effective Assets
—
Not enough data to calculate this metric.
Diversification Ratio
—
Not enough data to calculate this metric.
SHORT correlation to the S&P 500 Index
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.03 |
Correlation (All Time) Calculated using the full available price history since May 25, 2021 | 0.03 |
Benchmark Correlations
Correlation vs. S&P 500 Index. VMFXX has the highest benchmark correlation at 0.04, while USD=X has the lowest at 0.00.
Asset Correlations Table
Find what SHORT is missing
See which holdings overlap, where SHORT is concentrated, and which low-correlation assets could fill the gaps.
Analyze Diversification