Income
Asset Allocation
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Income, 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 Aug 30, 2022, corresponding to the inception date of SPYI
Returns By Period
Year-To-Date | 1 month | 6 months | 1 year | 5 years (annualized) | 10 years (annualized) | |
---|---|---|---|---|---|---|
S&P 500 | 22.49% | 3.72% | 16.33% | 33.60% | 14.41% | 11.99% |
Income | 16.81% | 2.70% | 14.93% | 26.52% | N/A | N/A |
Portfolio components: | ||||||
Schwab US Dividend Equity ETF | 16.62% | 3.59% | 16.21% | 25.57% | 13.50% | 12.42% |
JPMorgan Nasdaq Equity Premium Income ETF | 18.51% | 3.40% | 11.11% | 27.53% | N/A | N/A |
JPMorgan Equity Premium Income ETF | 14.67% | 1.89% | 11.55% | 19.19% | N/A | N/A |
NEOS S&P 500 High Income ETF | 17.81% | 2.89% | 13.49% | 22.54% | N/A | N/A |
Virtus InfraCap U.S. Preferred Stock ETF | 20.40% | 3.45% | 20.13% | 37.93% | 7.00% | N/A |
VanEck Vectors Preferred Securities ex Financials ETF | 12.35% | 1.61% | 12.56% | 23.58% | 4.33% | 5.13% |
Global X U.S. Preferred ETF | 13.22% | 1.38% | 12.50% | 25.67% | 2.22% | N/A |
Thornburg Income Builder Opportunities Trust Common Stock | 20.57% | 1.65% | 18.89% | 32.16% | N/A | N/A |
Monthly Returns
The table below presents the monthly returns of Income, 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 | 1.62% | 2.05% | 2.51% | -3.61% | 3.34% | 0.67% | 2.58% | 2.87% | 2.47% | 16.81% | |||
2023 | 6.68% | -2.16% | 0.10% | 0.72% | -1.84% | 3.92% | 2.65% | -0.67% | -3.40% | -3.30% | 6.97% | 4.11% | 13.87% |
2022 | -0.49% | -8.06% | 5.15% | 5.83% | -3.58% | -1.84% |
Expense Ratio
Income features an expense ratio of 0.37%, 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 risk-adjusted rank of Income is 83, placing it in the top 17% 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 | |
---|---|---|---|---|---|
Schwab US Dividend Equity ETF | 2.24 | 3.21 | 1.39 | 2.12 | 11.75 |
JPMorgan Nasdaq Equity Premium Income ETF | 2.18 | 2.84 | 1.44 | 2.56 | 10.75 |
JPMorgan Equity Premium Income ETF | 2.59 | 3.58 | 1.50 | 2.90 | 17.19 |
NEOS S&P 500 High Income ETF | 2.41 | 3.21 | 1.50 | 2.98 | 15.64 |
Virtus InfraCap U.S. Preferred Stock ETF | 3.77 | 5.29 | 1.77 | 3.56 | 34.54 |
VanEck Vectors Preferred Securities ex Financials ETF | 2.54 | 3.75 | 1.48 | 2.10 | 14.25 |
Global X U.S. Preferred ETF | 2.67 | 3.88 | 1.51 | 1.53 | 15.84 |
Thornburg Income Builder Opportunities Trust Common Stock | 2.61 | 3.67 | 1.44 | 3.20 | 18.32 |
Dividends
Dividend yield
Income granted a 6.68% dividend yield in the last twelve months.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Income | 6.68% | 7.29% | 6.75% | 3.51% | 3.42% | 2.98% | 2.71% | 1.58% | 1.45% | 1.49% | 1.38% | 1.39% |
Portfolio components: | ||||||||||||
Schwab US Dividend Equity ETF | 3.39% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% | 2.47% |
JPMorgan Nasdaq Equity Premium Income ETF | 9.50% | 10.02% | 9.44% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
JPMorgan Equity Premium Income ETF | 7.06% | 8.40% | 11.68% | 6.59% | 5.79% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NEOS S&P 500 High Income ETF | 11.56% | 12.01% | 4.10% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Virtus InfraCap U.S. Preferred Stock ETF | 8.62% | 9.56% | 10.75% | 7.64% | 8.54% | 10.02% | 5.15% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VanEck Vectors Preferred Securities ex Financials ETF | 6.77% | 7.88% | 6.74% | 4.66% | 5.19% | 5.34% | 6.56% | 5.93% | 5.81% | 5.99% | 5.91% | 6.51% |
Global X U.S. Preferred ETF | 6.01% | 6.49% | 6.63% | 5.09% | 5.17% | 5.48% | 6.21% | 1.94% | 0.00% | 0.00% | 0.00% | 0.00% |
Thornburg Income Builder Opportunities Trust Common Stock | 7.13% | 8.06% | 8.02% | 2.79% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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 Income. 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 Income was 10.07%, occurring on Oct 12, 2022. Recovery took 34 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-10.07% | Sep 13, 2022 | 22 | Oct 12, 2022 | 34 | Nov 30, 2022 | 56 |
-8.65% | Aug 1, 2023 | 63 | Oct 27, 2023 | 24 | Dec 1, 2023 | 87 |
-7.82% | Feb 3, 2023 | 26 | Mar 13, 2023 | 84 | Jul 13, 2023 | 110 |
-4.9% | Dec 5, 2022 | 17 | Dec 28, 2022 | 9 | Jan 11, 2023 | 26 |
-4.58% | Mar 28, 2024 | 15 | Apr 18, 2024 | 19 | May 15, 2024 | 34 |
Volatility
Volatility Chart
The current Income volatility is 1.61%, 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
TBLD | PFFA | PFFD | JEPQ | SCHD | JEPI | PFXF | SPYI | |
---|---|---|---|---|---|---|---|---|
TBLD | 1.00 | 0.47 | 0.51 | 0.56 | 0.58 | 0.57 | 0.53 | 0.60 |
PFFA | 0.47 | 1.00 | 0.77 | 0.41 | 0.52 | 0.47 | 0.80 | 0.49 |
PFFD | 0.51 | 0.77 | 1.00 | 0.43 | 0.51 | 0.47 | 0.86 | 0.50 |
JEPQ | 0.56 | 0.41 | 0.43 | 1.00 | 0.58 | 0.70 | 0.49 | 0.88 |
SCHD | 0.58 | 0.52 | 0.51 | 0.58 | 1.00 | 0.84 | 0.62 | 0.71 |
JEPI | 0.57 | 0.47 | 0.47 | 0.70 | 0.84 | 1.00 | 0.58 | 0.80 |
PFXF | 0.53 | 0.80 | 0.86 | 0.49 | 0.62 | 0.58 | 1.00 | 0.57 |
SPYI | 0.60 | 0.49 | 0.50 | 0.88 | 0.71 | 0.80 | 0.57 | 1.00 |