CASH
Asset Allocation
| Position | Category/Sector | Weight |
|---|---|---|
BIL SPDR Barclays 1-3 Month T-Bill ETF | Government Bonds | 33.33% |
FLOT iShares Floating Rate Bond ETF | Corporate Bonds | 33.33% |
USFR WisdomTree Bloomberg Floating Rate Treasury Fund | Government Bonds | 33.33% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in CASH, 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 4, 2014, corresponding to the inception date of USFR
Returns By Period
As of Sep 21, 2024, the CASH returned 4.21% Year-To-Date and 1.81% 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 | 19.55% | 1.45% | 8.95% | 31.70% | 13.79% | 11.17% |
| CASH | 4.21% | 0.45% | 2.74% | 5.72% | 2.52% | 1.81% |
| Portfolio components: | ||||||
USFR WisdomTree Bloomberg Floating Rate Treasury Fund | 3.95% | 0.37% | 2.58% | 5.35% | 2.43% | 1.71% |
BIL SPDR Barclays 1-3 Month T-Bill ETF | 3.89% | 0.48% | 2.67% | 5.37% | 2.18% | 1.48% |
FLOT iShares Floating Rate Bond ETF | 4.81% | 0.49% | 2.97% | 6.44% | 2.90% | 2.23% |
Monthly Returns
The table below presents the monthly returns of CASH, 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 | 0.53% | 0.56% | 0.44% | 0.52% | 0.51% | 0.38% | 0.46% | 0.44% | 4.21% | ||||
| 2023 | 0.44% | 0.49% | 0.11% | 0.59% | 0.50% | 0.51% | 0.47% | 0.48% | 0.45% | 0.46% | 0.45% | 0.42% | 5.52% |
| 2022 | 0.03% | -0.02% | -0.05% | 0.08% | -0.07% | -0.21% | 0.25% | 0.26% | 0.19% | 0.19% | 0.44% | 0.46% | 1.56% |
| 2021 | 0.08% | 0.02% | -0.04% | 0.02% | 0.02% | 0.03% | -0.02% | -0.01% | 0.05% | -0.03% | -0.02% | 0.00% | 0.11% |
| 2020 | 0.22% | 0.07% | -1.28% | 0.94% | 0.24% | 0.28% | 0.08% | 0.04% | 0.03% | 0.01% | 0.02% | 0.02% | 0.67% |
| 2019 | 0.38% | 0.28% | 0.22% | 0.27% | 0.20% | 0.17% | 0.21% | 0.18% | 0.20% | 0.20% | 0.16% | 0.16% | 2.67% |
| 2018 | 0.25% | 0.14% | 0.13% | 0.17% | 0.17% | 0.12% | 0.16% | 0.22% | 0.15% | 0.17% | 0.05% | 0.00% | 1.74% |
| 2017 | 0.03% | 0.14% | 0.04% | 0.05% | 0.16% | 0.13% | 0.11% | -0.03% | 0.19% | 0.14% | 0.10% | 0.04% | 1.12% |
| 2016 | -0.16% | 0.05% | 0.15% | 0.13% | 0.03% | 0.13% | 0.17% | 0.00% | 0.12% | 0.10% | -0.07% | 0.19% | 0.86% |
| 2015 | 0.03% | 0.07% | -0.16% | 0.40% | 0.01% | -0.08% | 0.10% | -0.42% | 0.22% | -0.15% | -0.16% | 0.17% | 0.03% |
| 2014 | -0.04% | -0.06% | 0.03% | -0.02% | 0.10% | 0.01% | 0.03% | 0.00% | -0.20% | 0.02% | -0.09% | -0.21% |
Expense Ratio
CASH has an expense ratio of 0.16%, 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 risk-adjusted rank of CASH is 100, placing it in the top 0% 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 | |
|---|---|---|---|---|---|
USFR WisdomTree Bloomberg Floating Rate Treasury Fund | 14.95 | 55.97 | 13.92 | 89.96 | 755.71 |
BIL SPDR Barclays 1-3 Month T-Bill ETF | 20.93 | 487.90 | 488.90 | 500.97 | 7,952.72 |
FLOT iShares Floating Rate Bond ETF | 8.90 | 17.14 | 5.00 | 14.65 | 171.41 |
Dividends
Dividend yield
CASH granted a 5.52% dividend yield in the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CASH | 5.52% | 5.24% | 1.73% | 0.15% | 0.65% | 2.30% | 1.91% | 1.06% | 0.44% | 0.18% | 0.15% | 0.16% |
| Portfolio components: | ||||||||||||
USFR WisdomTree Bloomberg Floating Rate Treasury Fund | 5.39% | 5.12% | 1.78% | 0.01% | 0.40% | 2.08% | 1.67% | 1.03% | 0.29% | 0.00% | 0.00% | 0.00% |
BIL SPDR Barclays 1-3 Month T-Bill ETF | 5.22% | 4.92% | 1.35% | 0.00% | 0.30% | 2.05% | 1.66% | 0.68% | 0.07% | 0.00% | 0.00% | 0.00% |
FLOT iShares Floating Rate Bond ETF | 5.95% | 5.66% | 2.06% | 0.43% | 1.25% | 2.78% | 2.41% | 1.46% | 0.97% | 0.53% | 0.44% | 0.47% |
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 CASH. 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 CASH was 4.41%, occurring on Mar 19, 2020. Recovery took 67 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -4.41% | Feb 25, 2020 | 18 | Mar 19, 2020 | 67 | Jun 24, 2020 | 85 |
| -0.74% | Mar 13, 2023 | 3 | Mar 15, 2023 | 13 | Apr 3, 2023 | 16 |
| -0.6% | Jun 18, 2015 | 152 | Jan 25, 2016 | 95 | Jun 9, 2016 | 247 |
| -0.5% | May 3, 2022 | 32 | Jun 16, 2022 | 37 | Aug 10, 2022 | 69 |
| -0.36% | Sep 2, 2014 | 143 | Mar 26, 2015 | 16 | Apr 20, 2015 | 159 |
Volatility
Volatility Chart
The current CASH volatility is 0.12%, 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
| FLOT | USFR | BIL | |
|---|---|---|---|
| FLOT | 1.00 | 0.04 | 0.10 |
| USFR | 0.04 | 1.00 | 0.17 |
| BIL | 0.10 | 0.17 | 1.00 |