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LETF

Last updated Oct 3, 2023

Asset Allocation


TLT 50%TQQQ 50%BondBondEquityEquity
PositionCategory/SectorWeight
TLT
iShares 20+ Year Treasury Bond ETF
Government Bonds50%
TQQQ
ProShares UltraPro QQQ
Leveraged Equities, Leveraged50%

Performance

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


0.00%10.00%20.00%30.00%MayJuneJulyAugustSeptemberOctober
6.57%
4.58%
LETF
Benchmark (^GSPC)
Portfolio components

Returns

As of Oct 3, 2023, the LETF returned 43.91% Year-To-Date and 22.30% of annualized return in the last 10 years.


1 month6 monthsYear-To-Date1 year5 years (annualized)10 years (annualized)
Benchmark-5.04%3.97%11.69%19.60%7.98%9.78%
LETF-10.98%6.30%43.91%35.54%14.52%22.30%
TQQQ
ProShares UltraPro QQQ
-13.46%30.84%113.45%92.13%15.89%34.67%
TLT
iShares 20+ Year Treasury Bond ETF
-8.06%-17.07%-10.53%-12.22%-3.36%0.45%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
202317.63%0.15%10.19%10.14%4.09%-4.86%-12.11%

Sharpe Ratio

The current LETF Sharpe ratio is 0.83. A Sharpe ratio between 0 and 1.0 is considered sub-optimal.

-1.000.001.002.003.004.000.83

The Sharpe ratio of LETF lies between the 25th and 75th percentiles. It indicates that the portfolio's risk-adjusted performance is in line with the majority of portfolios. This suggests a balanced approach to risk and return, which might be suitable for a broad range of investors.


Rolling 12-month Sharpe Ratio-0.500.000.501.00MayJuneJulyAugustSeptemberOctober
0.83
1.04
LETF
Benchmark (^GSPC)
Portfolio components

Dividend yield

LETF granted a 2.68% dividend yield in the last twelve months.


TTM20222021202020192018201720162015201420132012
LETF2.68%1.65%0.78%0.80%1.26%1.51%1.38%1.52%1.56%1.65%2.05%1.74%
TQQQ
ProShares UltraPro QQQ
1.41%0.57%0.00%0.00%0.06%0.11%0.00%0.00%0.01%0.03%0.00%0.00%
TLT
iShares 20+ Year Treasury Bond ETF
3.96%2.73%1.57%1.60%2.45%2.91%2.76%3.03%3.11%3.27%4.10%3.48%

Expense Ratio

The LETF has a high expense ratio of 0.55%, indicating higher-than-average management fees. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.


0.95%
0.00%2.15%
0.15%
0.00%2.15%

Risk-Adjusted Performance

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 ratioSortino ratioOmega ratioCalmar ratioUlcer Index
TQQQ
ProShares UltraPro QQQ
1.22
TLT
iShares 20+ Year Treasury Bond ETF
-0.73

Asset Correlations Table

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

TLTTQQQ
TLT1.00-0.24
TQQQ-0.241.00

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%MayJuneJulyAugustSeptemberOctober
-42.92%
-10.59%
LETF
Benchmark (^GSPC)
Portfolio components

Worst Drawdowns

The table below shows the maximum drawdowns of the LETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the LETF is 61.58%, recorded on Dec 28, 2022. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-61.58%Nov 22, 2021277Dec 28, 2022
-37.83%Feb 20, 202020Mar 18, 202053Jun 3, 202073
-28.15%Aug 30, 201880Dec 24, 201859Mar 21, 2019139
-23.27%Sep 3, 202014Sep 23, 202081Jan 20, 202195
-19.92%Feb 16, 202115Mar 8, 202174Jun 22, 202189

Volatility Chart

The current LETF volatility is 6.90%, 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.


2.00%4.00%6.00%8.00%10.00%MayJuneJulyAugustSeptemberOctober
6.90%
3.15%
LETF
Benchmark (^GSPC)
Portfolio components