Real
Reality of 50/50 BTC and Tbills
Asset Allocation
| Position | Category/Sector | Weight |
|---|---|---|
BIL SPDR Barclays 1-3 Month T-Bill ETF | Government Bonds | 60% |
BTC-USD Bitcoin | 40% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Real, 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 Sep 14, 2024, the Real returned 21.91% Year-To-Date and 36.25% 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 | 18.10% | 1.42% | 10.08% | 26.58% | 13.42% | 10.87% |
| Real | 20.82% | 0.06% | -3.06% | 50.28% | 26.94% | 36.86% |
| Portfolio components: | ||||||
BTC-USD Bitcoin | 40.03% | -0.50% | -12.38% | 123.04% | 42.15% | 65.04% |
BIL SPDR Barclays 1-3 Month T-Bill ETF | 3.78% | 0.42% | 2.64% | 5.37% | 2.16% | 1.47% |
Monthly Returns
The table below presents the monthly returns of Real, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.56% | 17.81% | 8.00% | -5.83% | 4.43% | -2.44% | 1.53% | -3.34% | 20.82% | ||||
| 2023 | 16.07% | 0.20% | 11.04% | 1.34% | -2.65% | 4.96% | -1.41% | -4.09% | 1.70% | 11.69% | 4.30% | 6.00% | 58.81% |
| 2022 | -6.68% | 4.30% | 2.08% | -6.74% | -5.45% | -11.93% | 7.13% | -6.03% | -1.11% | 2.28% | -6.48% | -1.11% | -27.35% |
| 2021 | 5.69% | 15.74% | 15.58% | -0.79% | -13.98% | -2.09% | 7.41% | 5.80% | -3.52% | 16.51% | -3.50% | -8.91% | 32.63% |
| 2020 | 11.97% | -3.64% | -10.93% | 13.79% | 4.38% | -1.64% | 9.54% | 1.42% | -3.51% | 11.08% | 19.45% | 25.96% | 101.15% |
| 2019 | -2.88% | 4.40% | 2.70% | 12.25% | 28.09% | 18.31% | -2.43% | -1.51% | -4.53% | 4.52% | -7.56% | -1.87% | 54.06% |
| 2018 | -11.64% | 0.65% | -11.23% | 13.16% | -8.84% | -5.95% | 8.83% | -4.25% | -2.44% | -1.76% | -14.05% | -2.22% | -35.71% |
| 2017 | 0.30% | 8.71% | -4.20% | 10.62% | 32.50% | 5.67% | 6.29% | 27.40% | -4.73% | 20.16% | 29.63% | 20.85% | 292.98% |
| 2016 | -5.76% | 6.83% | -1.94% | 3.07% | 7.76% | 11.68% | -2.95% | -3.10% | 2.25% | 6.02% | 2.75% | 13.16% | 45.14% |
| 2015 | -13.08% | 5.38% | -1.47% | -1.33% | -0.99% | 5.44% | 3.33% | -8.15% | 0.94% | 13.20% | 9.45% | 7.11% | 18.22% |
| 2014 | 4.02% | -14.28% | -5.57% | -0.82% | 15.47% | 0.81% | -3.48% | -7.27% | -6.27% | -5.13% | 4.41% | -6.04% | -24.10% |
| 2013 | 18.63% | 28.14% | 118.49% | 20.52% | -3.63% | -12.26% | 3.96% | 11.77% | -0.57% | 20.93% | 225.72% | -28.05% | 1,008.45% |
Expense Ratio
Real has an expense ratio of 0.08%, which is considered low compared to other funds. 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 Rank
The current rank of Real is 15, indicating that it is in the bottom 15% of portfolios on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
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 | |
|---|---|---|---|---|---|
BTC-USD Bitcoin | 0.72 | 1.36 | 1.14 | 0.34 | 3.16 |
BIL SPDR Barclays 1-3 Month T-Bill ETF | 16.86 | 400.61 | 333.87 | 77.11 | 7,856.24 |
Dividends
Dividend yield
Real granted a 3.14% dividend yield in the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Real | 3.14% | 2.95% | 0.81% | 0.00% | 0.18% | 1.23% | 1.00% | 0.41% | 0.04% |
| Portfolio components: | |||||||||
BTC-USD Bitcoin | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BIL SPDR Barclays 1-3 Month T-Bill ETF | 5.23% | 4.92% | 1.35% | 0.00% | 0.30% | 2.05% | 1.66% | 0.68% | 0.07% |
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 Real. 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 Real was 67.60%, occurring on Nov 19, 2011. Recovery took 459 trading sessions.
The current Real drawdown is 6.10%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -67.6% | Jun 10, 2011 | 163 | Nov 19, 2011 | 459 | Feb 20, 2013 | 622 |
| -55.98% | Dec 5, 2013 | 406 | Jan 14, 2015 | 771 | Feb 23, 2017 | 1177 |
| -51.99% | Dec 17, 2017 | 418 | Feb 7, 2019 | 625 | Oct 24, 2020 | 1043 |
| -44.19% | Apr 11, 2013 | 7 | Apr 17, 2013 | 203 | Nov 6, 2013 | 210 |
| -41.42% | Nov 8, 2010 | 29 | Dec 6, 2010 | 56 | Jan 31, 2011 | 85 |
Volatility
Volatility Chart
The current Real volatility is 5.45%, 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
| BIL | BTC-USD | |
|---|---|---|
| BIL | 1.00 | -0.00 |
| BTC-USD | -0.00 | 1.00 |