LETF
Asset Allocation
| Position | Category/Sector | Weight |
|---|---|---|
TLT iShares 20+ Year Treasury Bond ETF | Government Bonds | 50% |
TQQQ ProShares UltraPro QQQ | Leveraged Equities, Leveraged | 50% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in LETF, 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 Feb 11, 2010, corresponding to the inception date of TQQQ
Returns By Period
As of Oct 30, 2024, the LETF returned 23.07% Year-To-Date and 22.38% 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 | 22.29% | 1.65% | 15.83% | 39.98% | 13.99% | 11.23% |
| LETF | 23.07% | 0.27% | 25.89% | 69.67% | 20.75% | 22.38% |
| Portfolio components: | ||||||
TQQQ ProShares UltraPro QQQ | 53.26% | 6.88% | 46.81% | 141.55% | 35.75% | 35.51% |
TLT iShares 20+ Year Treasury Bond ETF | -4.13% | -6.33% | 6.41% | 13.97% | -5.96% | -0.11% |
Monthly Returns
The table below presents the monthly returns of LETF, 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 | 0.78% | 6.44% | 1.69% | -10.38% | 10.36% | 10.35% | -1.95% | 1.34% | 3.90% | 23.07% | |||
| 2023 | 20.10% | -4.05% | 17.63% | 0.15% | 10.19% | 10.14% | 4.09% | -4.86% | -12.11% | -6.72% | 21.73% | 12.73% | 83.55% |
| 2022 | -14.67% | -7.46% | 0.77% | -23.01% | -5.15% | -11.91% | 20.31% | -11.38% | -20.17% | 1.09% | 9.94% | -15.25% | -58.97% |
| 2021 | -2.05% | -3.52% | -1.46% | 10.42% | -2.58% | 12.51% | 6.03% | 6.25% | -10.32% | 13.45% | 4.19% | 0.19% | 34.88% |
| 2020 | 7.94% | -5.69% | -13.54% | 23.61% | 10.20% | 10.44% | 13.61% | 17.25% | -11.99% | -6.88% | 17.74% | 7.80% | 83.45% |
| 2019 | 13.77% | 4.22% | 8.55% | 7.43% | -10.10% | 11.18% | 3.24% | 1.34% | -0.48% | 5.74% | 6.37% | 4.91% | 69.80% |
| 2018 | 12.06% | -4.80% | -6.19% | -1.24% | 9.75% | 1.45% | 3.08% | 9.89% | -2.16% | -14.78% | -0.24% | -7.56% | -4.14% |
| 2017 | 8.17% | 7.80% | 2.87% | 4.81% | 6.80% | -3.96% | 5.95% | 4.27% | -1.71% | 6.92% | 3.30% | 1.58% | 57.10% |
| 2016 | -7.50% | -0.72% | 8.15% | -5.12% | 6.50% | -0.33% | 12.47% | 1.20% | 2.39% | -4.50% | -3.49% | 1.31% | 8.85% |
| 2015 | 1.58% | 6.87% | -3.32% | 0.79% | 2.10% | -6.02% | 8.99% | -11.50% | -2.25% | 19.04% | 0.43% | -3.18% | 10.79% |
| 2014 | -0.11% | 7.59% | -3.86% | 0.01% | 8.18% | 4.77% | 1.86% | 10.17% | -2.49% | 4.71% | 8.76% | -2.47% | 42.34% |
| 2013 | 2.45% | 0.88% | 4.50% | 5.82% | 2.11% | -5.87% | 8.92% | -1.53% | 8.53% | 8.05% | 4.20% | 3.93% | 49.62% |
Expense Ratio
LETF features an expense ratio of 0.55%, falling within the medium range. 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 LETF is 25, indicating that it is in the bottom 25% 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 | |
|---|---|---|---|---|---|
TQQQ ProShares UltraPro QQQ | 2.92 | 3.03 | 1.42 | 2.38 | 12.24 |
TLT iShares 20+ Year Treasury Bond ETF | 0.89 | 1.36 | 1.15 | 0.28 | 2.32 |
Dividends
Dividend yield
LETF provided a 2.60% dividend yield over the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| LETF | 2.60% | 2.32% | 1.62% | 0.75% | 0.75% | 1.16% | 1.37% | 1.22% | 1.30% | 1.31% | 1.35% | 1.63% |
| Portfolio components: | ||||||||||||
TQQQ ProShares UltraPro QQQ | 1.24% | 1.26% | 0.57% | 0.00% | 0.00% | 0.06% | 0.11% | 0.00% | 0.00% | 0.01% | 0.03% | 0.00% |
TLT iShares 20+ Year Treasury Bond ETF | 3.97% | 3.38% | 2.67% | 1.50% | 1.50% | 2.27% | 2.63% | 2.43% | 2.60% | 2.61% | 2.67% | 3.26% |
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 LETF. 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 LETF was 61.58%, occurring on Dec 28, 2022. The portfolio has not yet recovered.
The current LETF drawdown is 10.40%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -61.58% | Nov 22, 2021 | 277 | Dec 28, 2022 | — | — | — |
| -37.84% | Feb 20, 2020 | 20 | Mar 18, 2020 | 53 | Jun 3, 2020 | 73 |
| -28.15% | Aug 30, 2018 | 80 | Dec 24, 2018 | 59 | Mar 21, 2019 | 139 |
| -23.27% | Sep 3, 2020 | 14 | Sep 23, 2020 | 81 | Jan 20, 2021 | 95 |
| -19.92% | Feb 16, 2021 | 15 | Mar 8, 2021 | 74 | Jun 22, 2021 | 89 |
Volatility
Volatility Chart
The current LETF volatility is 5.86%, 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
| TLT | TQQQ | |
|---|---|---|
| TLT | 1.00 | -0.21 |
| TQQQ | -0.21 | 1.00 |