GMP x2
GMP x2
Asset Allocation
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in GMP x2, 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 Jun 4, 2013, corresponding to the inception date of BNDX
Returns By Period
As of Jul 25, 2024, the GMP x2 returned 4.44% Year-To-Date and 6.09% 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 | 13.20% | -1.28% | 10.32% | 18.23% | 12.31% | 10.58% |
| GMP x2 | 4.38% | -1.08% | 6.87% | 8.17% | 5.50% | 6.10% |
| Portfolio components: | ||||||
SSO ProShares Ultra S&P 500 | 24.07% | -3.30% | 18.69% | 34.15% | 19.74% | 19.19% |
UBT ProShares Ultra 20+ Year Treasury | -13.56% | -2.05% | -3.27% | -14.78% | -14.61% | -4.23% |
UGL ProShares Ultra Gold | 23.19% | 4.41% | 29.90% | 32.55% | 12.39% | 5.26% |
EET ProShares Ultra MSCI Emerging Markets | 4.16% | -3.39% | 12.45% | -0.05% | -5.43% | -4.47% |
UPV ProShares Ultra Europe | 8.04% | 0.02% | 10.56% | 11.21% | 5.99% | 2.32% |
TIP iShares TIPS Bond ETF | 1.42% | 0.55% | 2.14% | 3.55% | 2.00% | 1.76% |
DBC Invesco DB Commodity Index Tracking Fund | 1.95% | -3.19% | -0.62% | -3.50% | 9.25% | -0.46% |
BNDX Vanguard Total International Bond ETF | 0.55% | 0.97% | 1.86% | 5.66% | -0.37% | 1.97% |
Monthly Returns
The table below presents the monthly returns of GMP x2, 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 | -1.85% | 1.91% | 4.02% | -5.36% | 5.00% | 1.23% | 4.38% | ||||||
| 2023 | 10.33% | -5.79% | 5.22% | 1.60% | -3.75% | 4.15% | 2.31% | -4.42% | -7.46% | -4.54% | 11.97% | 8.08% | 16.45% |
| 2022 | -4.63% | -3.44% | -1.42% | -9.95% | -0.70% | -8.52% | 6.58% | -7.49% | -12.87% | 3.16% | 12.39% | -5.47% | -30.09% |
| 2021 | -1.99% | -0.39% | 0.86% | 5.20% | 2.73% | 1.87% | 2.93% | 1.48% | -5.38% | 5.72% | -1.68% | 2.89% | 14.58% |
| 2020 | 1.54% | -3.04% | -10.44% | 8.92% | 4.17% | 3.31% | 7.22% | 2.86% | -3.23% | -4.24% | 11.80% | 4.68% | 23.63% |
| 2019 | 7.32% | 1.73% | 3.18% | 2.28% | -2.82% | 6.78% | -0.34% | 3.46% | -0.19% | 2.00% | 1.31% | 2.71% | 30.60% |
| 2018 | 3.75% | -6.06% | 0.27% | -0.31% | 0.38% | -0.89% | 2.07% | 0.14% | -1.01% | -7.63% | 1.01% | -2.29% | -10.58% |
| 2017 | 2.66% | 2.92% | 1.38% | 2.44% | 2.93% | 0.03% | 2.50% | 2.21% | 0.53% | 1.88% | 1.32% | 2.56% | 25.97% |
| 2016 | -1.63% | 1.32% | 6.08% | 1.50% | 0.11% | 3.02% | 4.08% | -0.21% | 0.22% | -4.23% | -3.66% | 2.34% | 8.77% |
| 2015 | 3.71% | 1.11% | -1.70% | 1.23% | -1.44% | -4.12% | 1.55% | -6.03% | -1.76% | 6.57% | -1.90% | -2.81% | -6.08% |
| 2014 | -0.89% | 5.34% | 0.61% | 2.13% | 2.62% | 1.50% | -1.84% | 4.24% | -4.32% | 1.17% | 2.45% | -0.83% | 12.43% |
| 2013 | -5.57% | 4.35% | -2.06% | 4.21% | 4.51% | -0.09% | 0.77% | 5.82% |
Expense Ratio
GMP x2 features an expense ratio of 0.68%, 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 GMP x2 is 7, indicating that it is in the bottom 7% 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 | |
|---|---|---|---|---|---|
SSO ProShares Ultra S&P 500 | 1.40 | 1.95 | 1.24 | 0.96 | 5.05 |
UBT ProShares Ultra 20+ Year Treasury | -0.54 | -0.59 | 0.93 | -0.23 | -0.97 |
UGL ProShares Ultra Gold | 1.08 | 1.60 | 1.20 | 0.77 | 4.75 |
EET ProShares Ultra MSCI Emerging Markets | -0.05 | 0.12 | 1.01 | -0.02 | -0.12 |
UPV ProShares Ultra Europe | 0.40 | 0.74 | 1.08 | 0.25 | 1.10 |
TIP iShares TIPS Bond ETF | 0.50 | 0.78 | 1.09 | 0.20 | 1.67 |
DBC Invesco DB Commodity Index Tracking Fund | -0.33 | -0.36 | 0.96 | -0.16 | -0.69 |
BNDX Vanguard Total International Bond ETF | 1.15 | 1.78 | 1.19 | 0.39 | 4.13 |
Dividends
Dividend yield
GMP x2 granted a 3.04% dividend yield in the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GMP x2 | 3.04% | 2.70% | 0.75% | 1.13% | 0.41% | 1.65% | 2.00% | 1.00% | 0.85% | 0.88% | 0.67% | 0.34% |
| Portfolio components: | ||||||||||||
SSO ProShares Ultra S&P 500 | 0.61% | 0.18% | 0.50% | 0.18% | 0.20% | 0.50% | 0.75% | 0.39% | 0.50% | 0.63% | 0.33% | 0.26% |
UBT ProShares Ultra 20+ Year Treasury | 4.07% | 3.54% | 0.30% | 0.00% | 0.26% | 1.50% | 1.55% | 1.37% | 1.04% | 1.56% | 0.79% | 0.17% |
UGL ProShares Ultra Gold | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EET ProShares Ultra MSCI Emerging Markets | 2.79% | 2.14% | 0.00% | 0.00% | 0.01% | 1.40% | 0.16% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
UPV ProShares Ultra Europe | 1.76% | 1.57% | 0.00% | 0.00% | 0.00% | 0.65% | 3.80% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TIP iShares TIPS Bond ETF | 3.12% | 2.73% | 6.96% | 4.28% | 1.17% | 1.75% | 2.71% | 2.07% | 1.48% | 0.34% | 1.67% | 1.15% |
DBC Invesco DB Commodity Index Tracking Fund | 4.85% | 4.94% | 0.59% | 0.00% | 0.00% | 1.59% | 1.30% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BNDX Vanguard Total International Bond ETF | 4.70% | 4.42% | 1.51% | 3.74% | 1.11% | 3.40% | 3.01% | 2.23% | 1.89% | 1.63% | 1.54% | 0.86% |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the GMP x2. 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 GMP x2 was 38.26%, occurring on Oct 14, 2022. The portfolio has not yet recovered.
The current GMP x2 drawdown is 16.32%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -38.26% | Nov 10, 2021 | 234 | Oct 14, 2022 | — | — | — |
| -25.84% | Feb 20, 2020 | 20 | Mar 18, 2020 | 56 | Jun 8, 2020 | 76 |
| -18.01% | Jan 29, 2018 | 229 | Dec 24, 2018 | 121 | Jun 19, 2019 | 350 |
| -17.77% | Apr 28, 2015 | 185 | Jan 20, 2016 | 121 | Jul 13, 2016 | 306 |
| -10.56% | Sep 8, 2016 | 48 | Nov 14, 2016 | 102 | Apr 12, 2017 | 150 |
Volatility
Volatility Chart
The current GMP x2 volatility is 4.26%, 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
| UGL | DBC | BNDX | SSO | TIP | UPV | EET | UBT | |
|---|---|---|---|---|---|---|---|---|
| UGL | 1.00 | 0.23 | 0.26 | -0.01 | 0.41 | 0.10 | 0.13 | 0.32 |
| DBC | 0.23 | 1.00 | -0.08 | 0.30 | 0.09 | 0.32 | 0.36 | -0.16 |
| BNDX | 0.26 | -0.08 | 1.00 | -0.01 | 0.57 | -0.01 | 0.00 | 0.69 |
| SSO | -0.01 | 0.30 | -0.01 | 1.00 | -0.02 | 0.69 | 0.67 | -0.19 |
| TIP | 0.41 | 0.09 | 0.57 | -0.02 | 1.00 | 0.05 | 0.04 | 0.74 |
| UPV | 0.10 | 0.32 | -0.01 | 0.69 | 0.05 | 1.00 | 0.65 | -0.14 |
| EET | 0.13 | 0.36 | 0.00 | 0.67 | 0.04 | 0.65 | 1.00 | -0.13 |
| UBT | 0.32 | -0.16 | 0.69 | -0.19 | 0.74 | -0.14 | -0.13 | 1.00 |