lev
Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
QLD ProShares Ultra QQQ | Leveraged Equities, Leveraged | 50% |
SSO ProShares Ultra S&P 500 | Leveraged Equities, Leveraged | 50% |
Performance
Performance Chart
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The earliest data available for this chart is Jun 21, 2006, corresponding to the inception date of QLD
Returns By Period
As of May 11, 2025, the lev returned -12.46% Year-To-Date and 22.53% of annualized return in the last 10 years.
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | -3.77% | 7.44% | -5.60% | 8.37% | 14.12% | 10.46% |
| lev | -12.46% | 16.56% | -15.30% | 9.08% | 25.21% | 22.53% |
| Portfolio components: | ||||||
QLD ProShares Ultra QQQ | -13.98% | 18.38% | -15.77% | 8.78% | 24.76% | 26.30% |
SSO ProShares Ultra S&P 500 | -11.10% | 14.71% | -15.07% | 8.77% | 24.43% | 17.91% |
Monthly Returns
The table below presents the monthly returns of lev, 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 | 4.11% | -4.54% | -13.58% | -2.24% | 4.26% | -12.46% | |||||||
| 2024 | 2.69% | 9.96% | 3.87% | -8.95% | 10.97% | 9.38% | -1.38% | 2.54% | 3.99% | -2.45% | 10.83% | -2.68% | 43.41% |
| 2023 | 16.72% | -3.61% | 13.06% | 1.45% | 7.70% | 12.43% | 6.66% | -4.00% | -10.03% | -4.97% | 20.03% | 9.74% | 80.18% |
| 2022 | -13.89% | -7.85% | 7.45% | -21.72% | -2.52% | -17.48% | 22.14% | -9.80% | -19.67% | 11.18% | 9.95% | -14.80% | -50.51% |
| 2021 | -1.04% | 2.25% | 5.76% | 11.23% | -0.90% | 8.55% | 5.11% | 7.16% | -10.43% | 15.23% | 1.00% | 5.08% | 58.01% |
| 2020 | 2.59% | -13.56% | -25.29% | 27.90% | 10.82% | 7.80% | 13.30% | 18.61% | -10.10% | -6.04% | 22.55% | 8.59% | 52.89% |
| 2019 | 16.78% | 5.91% | 5.54% | 9.28% | -14.65% | 14.72% | 3.41% | -4.38% | 2.50% | 6.23% | 7.56% | 6.66% | 72.52% |
| 2018 | 14.49% | -5.69% | -7.21% | 0.23% | 7.86% | 1.37% | 6.07% | 8.94% | 0.02% | -15.88% | 1.03% | -17.77% | -11.32% |
| 2017 | 6.85% | 8.31% | 1.97% | 3.59% | 5.13% | -2.18% | 6.07% | 1.97% | 1.52% | 6.83% | 4.76% | 1.62% | 57.01% |
| 2016 | -12.22% | -2.09% | 14.39% | -2.98% | 5.83% | -2.39% | 10.99% | 1.03% | 2.01% | -3.37% | 3.89% | 3.08% | 16.62% |
| 2015 | -5.25% | 13.08% | -4.21% | 2.71% | 3.37% | -4.62% | 6.57% | -13.26% | -5.30% | 20.64% | 0.78% | -3.67% | 6.57% |
| 2014 | -5.65% | 9.67% | -2.12% | 0.08% | 6.67% | 5.17% | -0.39% | 9.04% | -2.30% | 4.55% | 7.37% | -2.88% | 31.55% |
Expense Ratio
lev has a high expense ratio of 0.93%, 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.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of lev is 17, meaning it’s performing worse than 83% of other 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 | |
|---|---|---|---|---|---|
QLD ProShares Ultra QQQ | 0.19 | 0.62 | 1.09 | 0.23 | 0.66 |
SSO ProShares Ultra S&P 500 | 0.24 | 0.64 | 1.09 | 0.29 | 1.03 |
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Dividends
Dividend yield
lev provided a 0.60% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 0.60% | 0.55% | 0.26% | 0.40% | 0.09% | 0.10% | 0.31% | 0.41% | 0.20% | 0.70% | 0.37% | 0.26% |
| Portfolio components: | ||||||||||||
QLD ProShares Ultra QQQ | 0.26% | 0.25% | 0.33% | 0.31% | 0.00% | 0.00% | 0.13% | 0.06% | 0.02% | 0.90% | 0.11% | 0.19% |
SSO ProShares Ultra S&P 500 | 0.95% | 0.85% | 0.18% | 0.50% | 0.18% | 0.20% | 0.50% | 0.75% | 0.39% | 0.51% | 0.63% | 0.32% |
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 lev. 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 lev was 83.42%, occurring on Mar 9, 2009. Recovery took 1045 trading sessions.
The current lev drawdown is 19.82%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -83.42% | Nov 1, 2007 | 339 | Mar 9, 2009 | 1045 | May 2, 2013 | 1384 |
| -55.18% | Feb 20, 2020 | 23 | Mar 23, 2020 | 92 | Aug 3, 2020 | 115 |
| -54.78% | Dec 28, 2021 | 202 | Oct 14, 2022 | 345 | Mar 1, 2024 | 547 |
| -39.17% | Oct 2, 2018 | 58 | Dec 24, 2018 | 131 | Jul 3, 2019 | 189 |
| -38.53% | Feb 20, 2025 | 34 | Apr 8, 2025 | — | — | — |
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 2 assets, with an effective number of assets of 2.00, reflecting the diversification based on asset allocation. This number of effective assets suggests a highly concentrated portfolio, where a few assets dominate the allocation, potentially increasing the portfolio's risk due to lack of diversification.
Asset Correlations Table
| ^GSPC | QLD | SSO | Portfolio | |
|---|---|---|---|---|
| ^GSPC | 1.00 | 0.89 | 0.99 | 0.96 |
| QLD | 0.89 | 1.00 | 0.89 | 0.98 |
| SSO | 0.99 | 0.89 | 1.00 | 0.96 |
| Portfolio | 0.96 | 0.98 | 0.96 | 1.00 |