Graham's Bitcoin Portfolio
Asset Allocation
| Position | Category/Sector | Weight |
|---|---|---|
^GSPC S&P 500 | 70% | |
BTC-USD Bitcoin | 15% | |
VGLT Vanguard Long-Term Treasury ETF | Government Bonds | 15% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Graham's Bitcoin Portfolio, 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 Quarterly
The earliest data available for this chart is Jul 17, 2010, corresponding to the inception date of BTC-USD
Returns By Period
As of Apr 25, 2024, the Graham's Bitcoin Portfolio returned 11.18% Year-To-Date and 22.59% of annualized return in the last 10 years.
| Year-To-Date | 1 month | 6 months | 1 year | 5 years (annualized) | 10 years (annualized) | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | 5.84% | -2.98% | 22.02% | 24.47% | 11.44% | 10.46% |
| Graham's Bitcoin Portfolio | 10.77% | -4.21% | 29.69% | 32.28% | 22.69% | 22.51% |
| Portfolio components: | ||||||
^GSPC S&P 500 | 5.84% | -2.98% | 22.02% | 24.47% | 11.42% | 10.44% |
VGLT Vanguard Long-Term Treasury ETF | -9.34% | -5.66% | 5.86% | -12.39% | -3.82% | 0.37% |
BTC-USD Bitcoin | 52.56% | -7.87% | 88.78% | 126.87% | 65.03% | 64.65% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.96% | 9.86% | 5.31% | |||||||||
| 2023 | -4.08% | 2.01% | 8.92% | 6.39% |
Expense Ratio
The Graham's Bitcoin Portfolio has an expense ratio of 0.01% which is considered to be low. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.
Risk-Adjusted Performance
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 | |
|---|---|---|---|---|---|
^GSPC S&P 500 | 1.96 | 2.79 | 1.35 | 0.60 | 8.78 |
VGLT Vanguard Long-Term Treasury ETF | -0.25 | -0.24 | 0.97 | 0.00 | -0.65 |
BTC-USD Bitcoin | 5.17 | 4.62 | 1.54 | 0.81 | 45.65 |
Dividends
Dividend yield
Graham's Bitcoin Portfolio granted a 0.58% dividend yield in the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Graham's Bitcoin Portfolio | 0.58% | 0.50% | 0.43% | 0.27% | 0.32% | 0.37% | 0.41% | 0.38% | 0.40% | 0.48% | 0.41% | 0.48% |
| Portfolio components: | ||||||||||||
^GSPC S&P 500 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VGLT Vanguard Long-Term Treasury ETF | 3.86% | 3.33% | 2.84% | 1.82% | 2.15% | 2.46% | 2.71% | 2.55% | 2.69% | 3.21% | 2.75% | 3.19% |
BTC-USD Bitcoin | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Graham's Bitcoin Portfolio. 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 Graham's Bitcoin Portfolio was 50.50%, occurring on Nov 25, 2011. Recovery took 467 trading sessions.
The current Graham's Bitcoin Portfolio drawdown is 4.81%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -50.5% | Jun 10, 2011 | 169 | Nov 25, 2011 | 467 | Mar 6, 2013 | 636 |
| -34.45% | Nov 9, 2021 | 341 | Oct 15, 2022 | 495 | Feb 22, 2024 | 836 |
| -33.03% | Dec 17, 2017 | 374 | Dec 25, 2018 | 181 | Jun 24, 2019 | 555 |
| -31.65% | Dec 5, 2013 | 14 | Dec 18, 2013 | 911 | Jun 16, 2016 | 925 |
| -28.53% | Feb 15, 2020 | 33 | Mar 18, 2020 | 131 | Jul 27, 2020 | 164 |
Volatility
Volatility Chart
The current Graham's Bitcoin Portfolio volatility is 3.67%, 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
| BTC-USD | VGLT | ^GSPC | |
|---|---|---|---|
| BTC-USD | 1.00 | -0.02 | 0.09 |
| VGLT | -0.02 | 1.00 | -0.26 |
| ^GSPC | 0.09 | -0.26 | 1.00 |