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Main

Last updated Oct 3, 2023

Asset Allocation


TIP 50%TMF 15%TQQQ 35%BondBondEquityEquity
PositionCategory/SectorWeight
TIP
iShares TIPS Bond ETF
Inflation-Protected Bonds50%
TMF
Direxion Daily 20-Year Treasury Bull 3X
Leveraged Bonds, Leveraged15%
TQQQ
ProShares UltraPro QQQ
Leveraged Equities, Leveraged35%

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


0.00%5.00%10.00%15.00%20.00%MayJuneJulyAugustSeptemberOctober
0.65%
4.84%
Main
Benchmark (^GSPC)
Portfolio components

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 month6 monthsYear-To-Date1 year5 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%
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%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
202314.23%-0.04%6.05%7.01%2.47%-4.31%-9.82%

Sharpe Ratio

The current Main Sharpe ratio is 0.63. A Sharpe ratio between 0 and 1.0 is considered sub-optimal.

-1.000.001.002.003.004.000.63

The Sharpe ratio of Main is in the bottom 25%, suggesting that this portfolio isn't performing as well in terms of risk-adjusted returns compared to many others. This could be due to lower returns, higher volatility, or both. It might be an indication that the portfolio needs fine-tuning.


Rolling 12-month Sharpe Ratio-0.500.000.501.00MayJuneJulyAugustSeptemberOctober
0.63
1.04
Main
Benchmark (^GSPC)
Portfolio components

Dividend yield

Main granted a 2.39% dividend yield in the last twelve months.


TTM20222021202020192018201720162015201420132012
Main2.39%4.00%2.35%1.01%1.18%1.86%1.31%0.91%0.21%1.05%0.82%1.45%
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.


1.09%
0.00%2.15%
0.95%
0.00%2.15%
0.19%
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
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

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

TQQQTIPTMF
TQQQ1.00-0.08-0.24
TIP-0.081.000.72
TMF-0.240.721.00

Drawdowns Chart

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


-40.00%-30.00%-20.00%-10.00%0.00%MayJuneJulyAugustSeptemberOctober
-40.02%
-10.59%
Main
Benchmark (^GSPC)
Portfolio components

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, 2021240Nov 3, 2022
-32.42%Feb 20, 202020Mar 18, 202044May 20, 202064
-20.6%Aug 30, 201880Dec 24, 201858Mar 20, 2019138
-18.13%Sep 3, 202014Sep 23, 202082Jan 21, 202196
-15.65%Feb 16, 202115Mar 8, 202171Jun 17, 202186

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.


2.00%3.00%4.00%5.00%6.00%7.00%MayJuneJulyAugustSeptemberOctober
5.21%
3.15%
Main
Benchmark (^GSPC)
Portfolio components