99 - MagAlt 7 | PortfoliosLab

Asset Allocation

Position	Category/Sector	Target Weight
IALT iShares Systematic Alternatives Active ETF	Multistrategy	21%
CLSE Convergence Long/Short Equity ETF	Long-Short, Actively Managed	18%
MNA IQ Merger Arbitrage ETF	Hedge Fund	18%
CTA Simplify Managed Futures Strategy ETF	Systematic Trend	16%
DBMF iMGP DBi Managed Futures Strategy ETF	Systematic Trend	9%
MOOD Relative Sentiment Tactical Allocation ETF	Tactical Allocation	9%
HFGM Unlimited HFGM Global Macro ETF	Macro Trading	9%

Benchmark Against

Benchmark

S&P 500 Index

Rebalance

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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in 99 - MagAlt 7, 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	0.00%	-0.71%	8.39%	8.57%	24.33%	18.94%	12.24%	13.54%
Portfolio 99 - MagAlt 7	0.44%	-1.25%	11.26%	11.45%	—	—	—	—
Portfolio components:
CLSE Convergence Long/Short Equity ETF	0.29%	3.61%	25.06%	24.84%	50.50%	31.66%	—	—
CTA Simplify Managed Futures Strategy ETF	0.07%	-11.66%	2.16%	2.76%	3.57%	8.43%	—	—
DBMF iMGP DBi Managed Futures Strategy ETF	0.82%	-0.61%	10.63%	10.35%	27.45%	9.42%	8.69%	—
HFGM Unlimited HFGM Global Macro ETF	0.44%	-6.39%	9.67%	9.92%	33.58%	—	—	—
IALT iShares Systematic Alternatives Active ETF	0.68%	0.82%	12.19%	12.96%	—	—	—	—
MNA IQ Merger Arbitrage ETF	0.09%	-0.50%	1.53%	1.05%	4.12%	5.71%	1.93%	2.75%
MOOD Relative Sentiment Tactical Allocation ETF	1.05%	2.21%	15.15%	15.80%	37.16%	20.25%	—	—

*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Dec 10, 2025, 99 - MagAlt 7's average daily return is +0.09%, while the average monthly return is +1.71%. At this rate, an investment would double in approximately 3.4 years.

Historically, 71% of months were positive and 29% were negative. The best month was Apr 2026 with a return of +4.8%, while the worst month was Jun 2026 at -0.8%. The longest winning streak lasted 3 consecutive months, and the longest losing streak was 1 months.

On a daily basis, 99 - MagAlt 7 closed higher 57% of trading days. The best single day was Feb 6, 2026 with a return of +1.8%, while the worst single day was Jan 30, 2026 at -2.5%.

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Total
2026	3.91%	3.53%	-0.73%	4.75%	0.28%	-0.82%							11.26%
2025												1.04%	1.04%

Benchmark Metrics

99 - MagAlt 7 has an annualized alpha of 18.98%, beta of 0.33, and R2 of 0.26 versus S&P 500 Index. Calculated based on daily prices since December 10, 2025.

This portfolio captured 53.82% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -28.37%) - a profile typical of hedging or uncorrelated assets.
Beta of 0.33 may look defensive, but with R2 of 0.26 this portfolio is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this portfolio's risk.
R2 of 0.26 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: 18.98%

Beta: 0.33

R²: 0.26

Upside Capture: 53.82%

Downside Capture: -28.37%

See how alpha, beta & R² have trended over time →

Expense Ratio

99 - MagAlt 7 has a high expense ratio of 0.97%, indicating above-average management fees. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.

CLSE

Convergence Long/Short Equity ETF

IALT

iShares Systematic Alternatives Active ETF

HFGM

Unlimited HFGM Global Macro ETF

DBMF

iMGP DBi Managed Futures Strategy ETF

CTA

Simplify Managed Futures Strategy ETF

MNA

IQ Merger Arbitrage ETF

MOOD

Relative Sentiment Tactical Allocation ETF

Return for Risk

Return / Risk — by metrics

The table below presents risk-adjusted performance metrics for 99 - MagAlt 7 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	—	1.94	—
Sortino ratioReturn per unit of downside risk	—	2.65	—
Omega ratioGain probability vs. loss probability	—	1.35	—
Calmar ratioReturn relative to maximum drawdown	—	2.66	—
Martin ratioReturn relative to average drawdown	—	11.86	—

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
CLSE Convergence Long/Short Equity ETF	95	3.66	4.92	1.64	10.26	37.35
CTA Simplify Managed Futures Strategy ETF	10	0.15	0.33	1.04	0.19	0.62
DBMF iMGP DBi Managed Futures Strategy ETF	78	2.23	2.93	1.47	4.54	16.23
HFGM Unlimited HFGM Global Macro ETF	47	1.46	2.00	1.26	3.04	7.59
IALT iShares Systematic Alternatives Active ETF	—	—	—	—	—	—
MNA IQ Merger Arbitrage ETF	34	0.83	1.23	1.15	2.81	6.89
MOOD Relative Sentiment Tactical Allocation ETF	75	2.49	2.94	1.48	3.74	11.54

Sharpe Ratio

There isn't enough data available to calculate the Sharpe ratio for 99 - MagAlt 7. This metric is based on the past 12 months of trading data. Please check back later for updated information.

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Dividends

Dividend yield

99 - MagAlt 7 provided a 2.49% dividend yield over the last twelve months.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Portfolio	2.49%	2.29%	1.57%	2.06%	2.03%	0.93%	0.49%	0.84%	0.00%	0.00%	0.04%	0.16%
Portfolio components:
CLSE Convergence Long/Short Equity ETF	0.76%	0.95%	0.93%	1.21%	0.85%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
CTA Simplify Managed Futures Strategy ETF	5.33%	3.19%	4.80%	7.78%	6.58%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
DBMF iMGP DBi Managed Futures Strategy ETF	5.17%	5.91%	5.75%	2.91%	7.72%	10.38%	0.86%	9.35%	0.00%	0.00%	0.00%	0.00%
HFGM Unlimited HFGM Global Macro ETF	10.24%	11.23%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
IALT iShares Systematic Alternatives Active ETF	0.40%	0.14%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
MNA IQ Merger Arbitrage ETF	0.00%	0.00%	0.00%	1.20%	0.00%	0.00%	2.30%	0.00%	0.00%	0.00%	0.21%	0.87%
MOOD Relative Sentiment Tactical Allocation ETF	0.35%	0.40%	1.33%	1.34%	1.43%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

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 99 - MagAlt 7. 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 99 - MagAlt 7 was 3.04%, occurring on Feb 5, 2026. Recovery took 10 trading sessions.

The current 99 - MagAlt 7 drawdown is 2.14%.

Related event	Drawdown	Fall	Recovery	Underwater
2026 pullback2026	-3.04%Feb 2026	6d	15d	21dJan 2026 - Feb 2026
2026 pullback2026	-2.56%Jun 2026	14d	—	19d 2hJun 2026 - now
2026 pullback2026	-2.36%Mar 2026	25d	14d	1mo 9dFeb 2026 - Apr 2026
2025 pullback2025	-1.34%Dec 2025	2d	5d	7dDec 2025 - Jan 2026
2026 pullback2026	-1.32%May 2026	14d	4d	18dMay 2026 - Jun 2026

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.

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Diversification

Diversification Metrics

Number of Effective Assets

The portfolio contains 7 assets, with an effective number of assets of 6.30, reflecting the diversification based on asset allocation. Your capital is spread almost evenly across your holdings, indicating a well-balanced allocation. Note that true diversification also depends on the correlations between assets — check the diversification ratio below.

Diversification Ratio

	All Time
Diversification Ratio	1.59

The portfolio has a diversification ratio of 1.59, in line with the typical range across portfolios. There's room to improve by adding less correlated assets.

99 - MagAlt 7 correlation to the S&P 500 Index

99 - MagAlt 7 has a 0.50 correlation to S&P 500 Index over the full available history. This section compares each holding's correlation to the benchmark and to the portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 10, 2025	0.50

Benchmark Correlations

Correlation vs. S&P 500 Index. CLSE has the highest benchmark correlation at 0.77, while CTA has the lowest at -0.28.

-0.28

0.20

0.37

0.53

0.64

0.66

0.77

Portfolio Correlations

Correlation vs. 99 - MagAlt 7. HFGM has the highest portfolio correlation at 0.80, while MNA has the lowest at 0.32.

0.32

0.47

0.53

0.65

0.67

0.77

0.80

Asset Correlations Table

The table below displays the correlation coefficients between the individual components of the portfolio, the entire portfolio, and the chosen benchmark.

	CTA	MNA	DBMF	IALT	CLSE	MOOD	HFGM
CTA	1.00	-0.09	0.56	0.00	-0.22	0.01	0.13
MNA	-0.09	1.00	0.06	0.32	0.31	0.32	0.25
DBMF	0.56	0.06	1.00	0.33	0.21	0.46	0.59
IALT	0.00	0.32	0.33	1.00	0.50	0.49	0.59
CLSE	-0.22	0.31	0.21	0.50	1.00	0.54	0.51
MOOD	0.01	0.32	0.46	0.49	0.54	1.00	0.78
HFGM	0.13	0.25	0.59	0.59	0.51	0.78	1.00

The correlation results are calculated based on daily price changes starting from Dec 10, 2025

Diversification Analysis

Find what 99 - MagAlt 7 is missing

See which holdings overlap, where 99 - MagAlt 7 is concentrated, and which low-correlation assets could fill the gaps.

Analyze Diversification