Alt
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Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
CBON VanEck Vectors ChinaAMC China Bond ETF | Emerging Markets Bonds | 14.29% |
LAND Gladstone Land Corporation | Real Estate | 14.29% |
LMT Lockheed Martin Corporation | Industrials | 14.29% |
SBR Sabine Royalty Trust | Energy | 14.29% |
SGOL Aberdeen Standard Physical Gold Shares ETF | Precious Metals, Gold | 14.29% |
VDE Vanguard Energy ETF | Energy Equities | 14.29% |
VIRT Virtu Financial, Inc. | Financial Services | 14.29% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Alt, 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.
The earliest data available for this chart is Apr 16, 2015, corresponding to the inception date of VIRT
Returns By Period
As of Apr 17, 2025, the Alt returned 2.30% Year-To-Date and 10.35% of annualized return in the last 10 years.
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | -10.30% | -7.04% | -9.70% | 4.44% | 12.96% | 9.77% |
| Alt | 2.30% | -0.91% | -2.21% | 14.63% | 15.09% | 10.35% |
| Portfolio components: | ||||||
CBON VanEck Vectors ChinaAMC China Bond ETF | 0.26% | -0.64% | -0.55% | 2.61% | 2.41% | 1.98% |
VIRT Virtu Financial, Inc. | 6.66% | 4.77% | 14.61% | 89.55% | 14.27% | 9.94% |
VDE Vanguard Energy ETF | -8.00% | -11.78% | -10.68% | -13.10% | 24.70% | 3.20% |
SGOL Aberdeen Standard Physical Gold Shares ETF | 27.03% | 11.10% | 24.54% | 39.26% | 14.45% | 10.47% |
LAND Gladstone Land Corporation | -11.49% | -12.41% | -28.80% | -20.12% | -2.50% | 1.40% |
SBR Sabine Royalty Trust | 2.95% | -0.36% | 9.44% | 10.30% | 31.14% | 13.29% |
LMT Lockheed Martin Corporation | -1.10% | 2.03% | -21.08% | 7.77% | 6.36% | 12.37% |
Monthly Returns
The table below presents the monthly returns of Alt, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 2.75% | -0.21% | 1.94% | -2.13% | 2.30% | ||||||||
| 2024 | -5.14% | 0.42% | 6.90% | 0.49% | 2.86% | 0.20% | 7.66% | 2.21% | 0.93% | -1.10% | 3.34% | -4.33% | 14.52% |
| 2023 | 1.40% | -5.56% | 0.57% | 1.44% | -5.20% | 0.45% | 3.56% | -0.70% | -3.96% | 0.60% | 2.42% | 3.79% | -1.74% |
| 2022 | 6.78% | 8.33% | 5.18% | -3.11% | 0.97% | -10.19% | 6.00% | -0.46% | -9.06% | 12.23% | 1.14% | -1.38% | 14.81% |
| 2021 | 2.61% | 6.13% | 3.13% | 4.99% | 5.14% | 0.77% | -2.17% | -1.47% | 1.49% | 1.15% | 5.25% | 5.17% | 36.81% |
| 2020 | 0.82% | -2.50% | -7.48% | 12.02% | 2.39% | 0.76% | 3.47% | 1.76% | -5.29% | -3.97% | 6.52% | 2.97% | 10.38% |
| 2019 | 6.72% | 2.66% | 0.23% | 2.83% | -3.38% | 3.07% | -0.97% | -2.35% | -0.55% | -1.33% | 2.09% | 1.52% | 10.58% |
| 2018 | 3.51% | 5.25% | 2.32% | 3.52% | -0.78% | -4.09% | -3.58% | 1.85% | -1.24% | -2.91% | 2.72% | -3.90% | 2.07% |
| 2017 | 5.15% | 0.81% | -2.87% | -0.72% | 2.19% | 1.63% | 1.91% | 4.59% | -0.31% | -1.92% | 3.75% | 3.57% | 18.88% |
| 2016 | 1.45% | 3.22% | 3.13% | 3.88% | -1.99% | 3.37% | 1.97% | -1.15% | -1.61% | -3.11% | 2.64% | 1.51% | 13.78% |
| 2015 | -1.80% | -1.29% | -1.34% | -2.44% | -2.17% | -1.40% | 4.77% | -1.14% | -5.94% | -12.32% |
Expense Ratio
Alt has an expense ratio of 0.11%, 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.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 87, Alt is among the top 13% of portfolios on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
This table presents a comparison of risk-adjusted performance metrics for positions. Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|
CBON VanEck Vectors ChinaAMC China Bond ETF | 0.52 | 0.80 | 1.10 | 0.35 | 1.19 |
VIRT Virtu Financial, Inc. | 2.28 | 3.21 | 1.41 | 2.18 | 15.14 |
VDE Vanguard Energy ETF | -0.56 | -0.60 | 0.91 | -0.65 | -1.91 |
SGOL Aberdeen Standard Physical Gold Shares ETF | 2.43 | 3.21 | 1.42 | 4.87 | 13.10 |
LAND Gladstone Land Corporation | -0.82 | -1.06 | 0.87 | -0.28 | -1.20 |
SBR Sabine Royalty Trust | 0.47 | 0.80 | 1.11 | 0.46 | 2.16 |
LMT Lockheed Martin Corporation | 0.36 | 0.60 | 1.09 | 0.26 | 0.55 |
Dividends
Dividend yield
Alt provided a 3.56% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 3.56% | 3.47% | 3.86% | 3.79% | 3.26% | 3.78% | 3.91% | 3.88% | 3.29% | 3.45% | 4.02% | 2.85% |
| Portfolio components: | ||||||||||||
CBON VanEck Vectors ChinaAMC China Bond ETF | 1.97% | 2.15% | 3.01% | 2.70% | 3.05% | 2.87% | 3.87% | 3.39% | 3.33% | 3.25% | 2.78% | 0.28% |
VIRT Virtu Financial, Inc. | 2.54% | 2.69% | 4.74% | 4.70% | 3.33% | 3.81% | 6.00% | 3.73% | 5.25% | 6.02% | 2.12% | 0.00% |
VDE Vanguard Energy ETF | 3.53% | 3.23% | 3.34% | 3.65% | 4.13% | 4.76% | 3.59% | 3.35% | 2.90% | 2.31% | 3.17% | 1.98% |
SGOL Aberdeen Standard Physical Gold Shares ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
LAND Gladstone Land Corporation | 5.95% | 5.20% | 3.82% | 2.98% | 1.60% | 3.69% | 4.12% | 4.60% | 3.91% | 4.40% | 5.38% | 3.36% |
SBR Sabine Royalty Trust | 8.21% | 8.41% | 9.41% | 10.13% | 7.72% | 8.59% | 7.49% | 8.98% | 5.31% | 5.50% | 11.82% | 11.45% |
LMT Lockheed Martin Corporation | 2.70% | 2.62% | 2.68% | 2.34% | 2.98% | 2.76% | 2.31% | 3.13% | 2.32% | 2.71% | 2.83% | 2.85% |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Alt. 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 Alt was 21.23%, occurring on Sep 26, 2022. Recovery took 473 trading sessions.
The current Alt drawdown is 2.65%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -21.23% | Apr 19, 2022 | 111 | Sep 26, 2022 | 473 | Aug 14, 2024 | 584 |
| -20.07% | Mar 6, 2020 | 12 | Mar 23, 2020 | 48 | Jun 1, 2020 | 60 |
| -17.24% | Apr 20, 2018 | 172 | Dec 24, 2018 | 300 | Mar 5, 2020 | 472 |
| -16.87% | Apr 24, 2015 | 186 | Jan 19, 2016 | 115 | Jul 1, 2016 | 301 |
| -10.83% | Aug 18, 2020 | 51 | Oct 28, 2020 | 33 | Dec 15, 2020 | 84 |
Volatility
Volatility Chart
The current Alt volatility is 8.60%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Diversification
Asset Correlations Table
| VIRT | SGOL | CBON | LMT | LAND | SBR | VDE | |
|---|---|---|---|---|---|---|---|
| VIRT | 1.00 | 0.06 | 0.03 | 0.06 | 0.11 | 0.05 | 0.11 |
| SGOL | 0.06 | 1.00 | 0.24 | 0.02 | 0.10 | 0.04 | 0.06 |
| CBON | 0.03 | 0.24 | 1.00 | 0.04 | 0.08 | 0.07 | 0.11 |
| LMT | 0.06 | 0.02 | 0.04 | 1.00 | 0.16 | 0.18 | 0.32 |
| LAND | 0.11 | 0.10 | 0.08 | 0.16 | 1.00 | 0.17 | 0.27 |
| SBR | 0.05 | 0.04 | 0.07 | 0.18 | 0.17 | 1.00 | 0.56 |
| VDE | 0.11 | 0.06 | 0.11 | 0.32 | 0.27 | 0.56 | 1.00 |