ETF for 2024

Asset Allocation

Position	Category/Sector	Target Weight
AIRR First Trust RBA American Industrial Renaissance ETF	Building & Construction	6%
FCPI Fidelity Stocks for Inflation ETF	Large Cap Blend Equities	10%
GARP iShares MSCI USA Quality GARP ETF	Large Cap Growth Equities	10%
IAK iShares U.S. Insurance ETF	Financials Equities	10%
IGM iShares Expanded Tech Sector ETF	Technology Equities	6%
ITB iShares U.S. Home Construction ETF	Building & Construction	6%
MAGS Roundhill Magnificent Seven ETF	Technology Equities	10%
PPA Invesco Aerospace & Defense ETF	Industrials Equities, Aerospace & Defense	10%
SMH VanEck Semiconductor ETF	Semiconductors, Technology Equities	10%
SPMO Invesco S&P 500 Momentum ETF	S&P 500, Momentum	15%
XMMO Invesco S&P MidCap Momentum ETF	Mid Cap Growth Equities, Momentum	7%

Benchmark Against

Benchmark

S&P 500 Index

Rebalance

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in ETF for 2024, 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.

Loading graphics...

The earliest data available for this chart is Apr 11, 2023, corresponding to the inception date of MAGS

Returns By Period

	1D	1M	YTD	6M	1Y	3Y*	5Y*	10Y*
Benchmark S&P 500 Index	0.11%	-3.63%	-3.84%	-1.98%	29.73%	16.86%	10.37%	12.29%
Portfolio ETF for 2024	0.03%	-3.50%	-0.16%	0.91%	45.09%	—	—	—
Portfolio components:
IAK iShares U.S. Insurance ETF	0.67%	-3.48%	-4.20%	-2.93%	5.26%	16.56%	13.57%	12.13%
PPA Invesco Aerospace & Defense ETF	0.01%	-5.44%	8.36%	8.62%	62.01%	28.32%	19.16%	18.03%
SPMO Invesco S&P 500 Momentum ETF	0.21%	-3.83%	-3.57%	-3.95%	40.62%	28.37%	17.71%	17.43%
FCPI Fidelity Stocks for Inflation ETF	0.09%	-1.58%	0.89%	-0.12%	29.58%	18.05%	14.19%	—
MAGS Roundhill Magnificent Seven ETF	-0.70%	-6.26%	-11.66%	-8.23%	42.95%	—	—	—
SMH VanEck Semiconductor ETF	0.09%	-0.77%	8.94%	16.89%	117.67%	44.85%	26.17%	31.69%
GARP iShares MSCI USA Quality GARP ETF	0.15%	-4.04%	-4.65%	-1.78%	43.17%	25.75%	15.51%	—
XMMO Invesco S&P MidCap Momentum ETF	-0.06%	0.44%	6.80%	9.40%	44.11%	25.66%	12.61%	18.43%
ITB iShares U.S. Home Construction ETF	-0.85%	-10.10%	-6.10%	-17.09%	-1.31%	9.57%	6.28%	13.73%
AIRR First Trust RBA American Industrial Renaissance ETF	-0.26%	-0.48%	14.87%	16.39%	80.69%	33.36%	22.66%	20.74%

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

Monthly Returns

Based on dividend-adjusted daily data since Apr 12, 2023, ETF for 2024's average daily return is +0.11%, while the average monthly return is +2.12%. At this rate, your investment would double in approximately 2.8 years.

Historically, 73% of months were positive and 27% were negative. The best month was Nov 2023 with a return of +10.3%, while the worst month was Mar 2026 at -6.3%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 3 months.

On a daily basis, ETF for 2024 closed higher 56% of trading days. The best single day was Apr 9, 2025 with a return of +10.7%, while the worst single day was Apr 4, 2025 at -6.1%.

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Total
2026	3.83%	1.05%	-6.26%	1.51%									-0.16%
2025	3.57%	-3.24%	-5.52%	0.61%	8.90%	6.41%	2.39%	2.48%	5.17%	1.97%	-0.46%	0.15%	23.86%
2024	3.20%	9.54%	4.72%	-4.62%	7.20%	3.08%	2.44%	1.79%	2.38%	-1.25%	7.50%	-3.63%	36.28%
2023				1.08%	1.40%	7.66%	3.03%	-0.41%	-4.01%	-2.13%	10.28%	6.59%	25.02%

Benchmark Metrics

ETF for 2024 has an annualized alpha of 7.24%, beta of 1.16, and R² of 0.93 versus S&P 500 Index. Calculated based on daily prices since April 12, 2023.

This portfolio captured 143.00% of S&P 500 Index gains but only 96.99% of its losses — a favorable profile for investors.
This portfolio generated an annualized alpha of 7.24% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.

Alpha: 7.24%

Beta: 1.16

R²: 0.93

Upside Capture: 143.00%

Downside Capture: 96.99%

Expense Ratio

ETF for 2024 has an expense ratio of 0.34%, placing it in the medium range. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.

Top 10 holdings

AIRR

First Trust RBA American Industrial Renaissance ETF

PPA

Invesco Aerospace & Defense ETF

IGM

iShares Expanded Tech Sector ETF

IAK

iShares U.S. Insurance ETF

ITB

iShares U.S. Home Construction ETF

SMH

VanEck Semiconductor ETF

XMMO

Invesco S&P MidCap Momentum ETF

MAGS

Roundhill Magnificent Seven ETF

FCPI

Fidelity Stocks for Inflation ETF

GARP

iShares MSCI USA Quality GARP ETF

Return for Risk

Risk / Return Rank

ETF for 2024 ranks 65 for risk / return — better than 65% of portfolios on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

Overall Rank

Sharpe Ratio Rank

Sortino Ratio Rank

Omega Ratio Rank

Calmar Ratio Rank

Martin Ratio Rank

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

	Portfolio	Benchmark	Difference
Sharpe ratio Return per unit of total volatility	1.34	0.88	+0.46
Sortino ratio Return per unit of downside risk	1.97	1.37	+0.61
Omega ratio Gain probability vs. loss probability	1.29	1.21	+0.09
Calmar ratio Return relative to maximum drawdown	2.34	1.39	+0.95
Martin ratio Return relative to average drawdown	10.50	6.43	+4.07
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

How much return does each position deliver for the risk it carries? Higher values mean better reward for the risk taken.

	Risk / Return Rank	Sharpe ratio	Sortino ratio	Omega ratio	Calmar ratio	Martin ratio
IAK iShares U.S. Insurance ETF	5	-0.25	-0.22	0.97	-0.40	-0.98
PPA Invesco Aerospace & Defense ETF	88	2.01	2.71	1.38	3.30	12.97
SPMO Invesco S&P 500 Momentum ETF	57	1.01	1.55	1.23	1.91	6.68
FCPI Fidelity Stocks for Inflation ETF	50	0.96	1.43	1.22	1.42	6.59
MAGS Roundhill Magnificent Seven ETF	46	0.89	1.48	1.20	1.43	4.90
SMH VanEck Semiconductor ETF	94	2.28	2.89	1.41	5.34	18.94
GARP iShares MSCI USA Quality GARP ETF	58	1.04	1.59	1.22	1.95	7.02
XMMO Invesco S&P MidCap Momentum ETF	70	1.25	1.80	1.25	2.29	10.83
ITB iShares U.S. Home Construction ETF	8	-0.18	-0.05	0.99	-0.17	-0.38
AIRR First Trust RBA American Industrial Renaissance ETF	92	2.15	2.84	1.37	4.91	17.07

Sharpe Ratio

The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

ETF for 2024 Sharpe ratios as of Apr 4, 2026 (values are recalculated daily):

1-Year: 1.34
All Time: 1.60

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

Compared to the broad market, where average Sharpe ratios range from 0.99 to 1.69, this portfolio's current Sharpe ratio falls between the 25th and 75th percentiles. This indicates that its risk-adjusted performance is in line with the majority of portfolios, suggesting a balanced approach to risk and return—likely suitable for a wide range of investors.

The chart below shows the rolling Sharpe ratio of ETF for 2024 compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.

Loading graphics...

Dividends

Dividend yield

ETF for 2024 provided a 0.99% dividend yield over the last twelve months.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Portfolio	0.99%	0.88%	0.65%	0.94%	1.18%	0.66%	1.08%	0.80%	0.78%	0.57%	0.81%	0.71%
Portfolio components:
IAK iShares U.S. Insurance ETF	2.75%	1.69%	1.49%	1.44%	1.69%	2.26%	2.07%	1.84%	2.33%	1.62%	1.68%	1.62%
PPA Invesco Aerospace & Defense ETF	0.39%	0.42%	0.61%	0.67%	0.83%	0.59%	0.88%	0.95%	0.90%	0.67%	1.70%	1.41%
SPMO Invesco S&P 500 Momentum ETF	0.88%	0.73%	0.48%	1.63%	1.66%	0.52%	1.27%	1.39%	1.05%	0.77%	1.94%	0.36%
FCPI Fidelity Stocks for Inflation ETF	1.78%	1.74%	1.29%	1.88%	1.77%	1.19%	3.53%	0.43%	0.00%	0.00%	0.00%	0.00%
MAGS Roundhill Magnificent Seven ETF	1.68%	1.48%	0.81%	0.44%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SMH VanEck Semiconductor ETF	0.28%	0.31%	0.44%	0.60%	1.18%	0.51%	0.69%	1.50%	1.88%	1.43%	0.80%	2.14%
GARP iShares MSCI USA Quality GARP ETF	0.31%	0.31%	0.38%	0.75%	1.85%	0.67%	0.75%	0.00%	0.00%	0.00%	0.00%	0.00%
XMMO Invesco S&P MidCap Momentum ETF	0.70%	0.78%	0.34%	0.80%	1.43%	0.41%	0.61%	0.60%	0.19%	0.21%	0.22%	0.64%
ITB iShares U.S. Home Construction ETF	1.26%	1.67%	0.46%	0.48%	0.86%	0.37%	0.46%	0.50%	0.63%	0.28%	0.43%	0.34%
AIRR First Trust RBA American Industrial Renaissance ETF	0.15%	0.19%	0.18%	0.23%	0.12%	0.05%	0.10%	0.20%	0.43%	0.30%	0.08%	0.47%

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.

Loading graphics...

Worst Drawdowns

The table below displays the maximum drawdowns of the ETF for 2024. 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 ETF for 2024 was 20.72%, occurring on Apr 8, 2025. Recovery took 43 trading sessions.

The current ETF for 2024 drawdown is 5.77%.

Depth	Start	To Bottom	Bottom	To Recover	End	Total
-20.72%	Jan 24, 2025	52	Apr 8, 2025	43	Jun 10, 2025	95
-10.49%	Feb 26, 2026	23	Mar 30, 2026	—	—	—
-10.14%	Jul 17, 2024	14	Aug 5, 2024	32	Sep 19, 2024	46
-8.16%	Sep 5, 2023	39	Oct 27, 2023	12	Nov 14, 2023	51
-6.86%	Apr 1, 2024	15	Apr 19, 2024	15	May 10, 2024	30

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.

Loading graphics...

Diversification

Diversification Metrics

Number of Effective Assets

The portfolio contains 11 assets, with an effective number of assets of 10.18, reflecting the diversification based on asset allocation. This number of effective assets suggests that the portfolio's investments are spread across a variety of assets, indicating a well-diversified allocation. However, true diversification also depends on the correlations between assets.

Asset Correlations Table

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

	Benchmark	IAK	ITB	PPA	MAGS	SMH	AIRR	IGM	SPMO	XMMO	FCPI	GARP	Portfolio
Benchmark	1.00	0.33	0.54	0.64	0.81	0.78	0.71	0.90	0.86	0.78	0.89	0.93	0.95
IAK	0.33	1.00	0.37	0.41	0.05	0.03	0.36	0.09	0.26	0.41	0.40	0.19	0.34
ITB	0.54	0.37	1.00	0.47	0.30	0.36	0.61	0.37	0.39	0.61	0.56	0.44	0.59
PPA	0.64	0.41	0.47	1.00	0.37	0.45	0.75	0.50	0.62	0.73	0.68	0.58	0.72
MAGS	0.81	0.05	0.30	0.37	1.00	0.72	0.44	0.86	0.72	0.52	0.62	0.84	0.77
SMH	0.78	0.03	0.36	0.45	0.72	1.00	0.57	0.88	0.74	0.63	0.69	0.85	0.83
AIRR	0.71	0.36	0.61	0.75	0.44	0.57	1.00	0.59	0.66	0.85	0.76	0.65	0.80
IGM	0.90	0.09	0.37	0.50	0.86	0.88	0.59	1.00	0.82	0.68	0.77	0.94	0.89
SPMO	0.86	0.26	0.39	0.62	0.72	0.74	0.66	0.82	1.00	0.75	0.82	0.86	0.89
XMMO	0.78	0.41	0.61	0.73	0.52	0.63	0.85	0.68	0.75	1.00	0.84	0.75	0.87
FCPI	0.89	0.40	0.56	0.68	0.62	0.69	0.76	0.77	0.82	0.84	1.00	0.82	0.91
GARP	0.93	0.19	0.44	0.58	0.84	0.85	0.65	0.94	0.86	0.75	0.82	1.00	0.94
Portfolio	0.95	0.34	0.59	0.72	0.77	0.83	0.80	0.89	0.89	0.87	0.91	0.94	1.00

The correlation results are calculated based on daily price changes starting from Apr 12, 2023

ETF for 2024

Asset Allocation

Performance

Performance Chart

Returns By Period

Monthly Returns

Benchmark Metrics

Expense Ratio

Top 10 holdings

Return for Risk

Risk / Return Rank

Return / Risk — by metrics

Sharpe ratio

Sortino ratio

Omega ratio

Calmar ratio

Martin ratio

Sharpe Ratio

Dividends

Dividend yield

Drawdowns

Drawdowns Chart

Worst Drawdowns

Volatility

Volatility Chart

Diversification

Diversification Metrics

Number of Effective Assets

Asset Correlations Table