Main
Asset Allocation
| Position | Category/Sector | Weight |
|---|---|---|
TIP iShares TIPS Bond ETF | Inflation-Protected Bonds | 50% |
TMF Direxion Daily 20-Year Treasury Bull 3X | Leveraged Bonds, Leveraged | 15% |
TQQQ ProShares UltraPro QQQ | Leveraged Equities, Leveraged | 35% |
Performance
The chart shows the growth of an initial investment of $10,000 in Main, 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
Returns
As of Oct 3, 2023, the Main returned 26.67% Year-To-Date and 16.30% of annualized return in the last 10 years.
| 1 month | 6 months | Year-To-Date | 1 year | 5 years (annualized) | 10 years (annualized) | |
|---|---|---|---|---|---|---|
| Benchmark | -5.04% | 4.58% | 11.69% | 16.58% | 8.16% | 9.78% |
| Main | -9.10% | 0.07% | 26.67% | 17.21% | 11.54% | 16.30% |
| Portfolio components: | ||||||
TMF Direxion Daily 20-Year Treasury Bull 3X | -23.43% | -48.98% | -38.50% | -47.54% | -21.06% | -8.40% |
TQQQ ProShares UltraPro QQQ | -13.46% | 32.16% | 113.45% | 79.66% | 17.28% | 34.67% |
TIP iShares TIPS Bond ETF | -2.01% | -5.14% | -1.29% | -0.67% | 1.99% | 1.53% |
| Returns over 1 year are annualized | ||||||
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 14.23% | -0.04% | 6.05% | 7.01% | 2.47% | -4.31% | -9.82% |
Dividend yield
Main granted a 2.39% dividend yield in the last twelve months.
| TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Main | 2.39% | 4.00% | 2.35% | 1.01% | 1.18% | 1.86% | 1.31% | 0.91% | 0.21% | 1.05% | 0.82% | 1.45% |
| Portfolio components: | ||||||||||||
TMF Direxion Daily 20-Year Treasury Bull 3X | 3.90% | 1.65% | 0.13% | 2.31% | 1.00% | 1.59% | 0.44% | 0.00% | 0.00% | 0.00% | 0.62% | 0.18% |
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% |
TIP iShares TIPS Bond ETF | 2.63% | 7.11% | 4.65% | 1.33% | 2.01% | 3.17% | 2.49% | 1.81% | 0.42% | 2.08% | 1.46% | 2.84% |
Expense Ratio
The Main has a high expense ratio of 0.59%, 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.
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 ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
|---|---|---|---|---|---|
TMF Direxion Daily 20-Year Treasury Bull 3X | -0.88 | ||||
TQQQ ProShares UltraPro QQQ | 1.22 | ||||
TIP iShares TIPS Bond ETF | -0.01 |
Asset Correlations Table
| TQQQ | TIP | TMF | |
|---|---|---|---|
| TQQQ | 1.00 | -0.08 | -0.24 |
| TIP | -0.08 | 1.00 | 0.72 |
| TMF | -0.24 | 0.72 | 1.00 |
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below shows the maximum drawdowns of the Main. 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 Main is 53.90%, recorded on Nov 3, 2022. The portfolio has not recovered from it yet.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -53.9% | Nov 22, 2021 | 240 | Nov 3, 2022 | — | — | — |
| -32.42% | Feb 20, 2020 | 20 | Mar 18, 2020 | 44 | May 20, 2020 | 64 |
| -20.6% | Aug 30, 2018 | 80 | Dec 24, 2018 | 58 | Mar 20, 2019 | 138 |
| -18.13% | Sep 3, 2020 | 14 | Sep 23, 2020 | 82 | Jan 21, 2021 | 96 |
| -15.65% | Feb 16, 2021 | 15 | Mar 8, 2021 | 71 | Jun 17, 2021 | 86 |
Volatility Chart
The current Main volatility is 5.21%, 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.