March 2026 Portfolio

Asset Allocation

Position	Category/Sector	Target Weight
BND Vanguard Total Bond Market ETF	Total Bond Market	4.38%
BNDX Vanguard Total International Bond ETF	Global Bonds	4.19%
GLD SPDR Gold Shares	Gold, Precious Metals	14.42%
IBIT iShares Bitcoin Trust ETF	Cryptocurrency	1.03%
PDBC Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF	Commodities, Actively Managed	2.87%
QQQ Invesco QQQ ETF	Nasdaq-100	1.47%
SGOV iShares 0-3 Month Treasury Bond ETF	Ultrashort Bond	20.50%
TLT iShares 20+ Year Treasury Bond ETF	Government Bonds, Long-Term Bond	4.60%
VNQ Vanguard Real Estate ETF	REIT	1.22%
VOO Vanguard S&P 500 ETF	S&P 500	14.19%
VTV Vanguard Value ETF	Large Cap Value Equities	13.15%
VXUS Vanguard Total International Stock ETF	Global Equities	10.87%
XLE State Street Energy Select Sector SPDR ETF	Energy Equities	7.11%

Benchmark Against

Benchmark

S&P 500 Index

Rebalance

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in March 2026 Portfolio, 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 Every 3 months.

Loading graphics...

The earliest data available for this chart is Jan 11, 2024, corresponding to the inception date of IBIT

Returns By Period

	1D	1M	YTD	6M	1Y	3Y*	5Y*	10Y*
Benchmark S&P 500 Index	-0.11%	2.78%	-0.42%	4.03%	27.10%	18.38%	10.55%	12.70%
Portfolio March 2026 Portfolio	-0.18%	1.03%	6.49%	10.23%	25.24%	—	—	—
Portfolio components:
XLE State Street Energy Select Sector SPDR ETF	-0.68%	-0.67%	28.19%	35.65%	48.99%	13.24%	23.24%	10.32%
GLD SPDR Gold Shares	-0.18%	-5.14%	10.30%	18.42%	46.72%	32.89%	21.77%	13.80%
VNQ Vanguard Real Estate ETF	0.22%	1.97%	6.20%	7.60%	15.60%	8.09%	3.71%	5.16%
PDBC Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF	-0.88%	-0.93%	28.08%	33.95%	38.91%	9.66%	13.94%	9.16%
IBIT iShares Bitcoin Trust ETF	1.59%	2.95%	-16.29%	-37.22%	-12.82%	—	—	—
TLT iShares 20+ Year Treasury Bond ETF	-0.24%	0.34%	0.34%	-2.42%	4.06%	-3.00%	-5.82%	-1.38%
BND Vanguard Total Bond Market ETF	-0.15%	0.46%	0.39%	0.77%	6.32%	3.55%	0.28%	1.69%
VTV Vanguard Value ETF	-0.81%	2.61%	5.99%	11.27%	27.06%	15.55%	11.18%	12.13%
SGOV iShares 0-3 Month Treasury Bond ETF	0.04%	0.27%	0.99%	1.86%	4.04%	4.80%	3.43%	—
BNDX Vanguard Total International Bond ETF	-0.27%	0.23%	0.00%	-0.22%	2.54%	3.93%	0.19%	1.75%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Jan 12, 2024, March 2026 Portfolio's average daily return is +0.07%, while the average monthly return is +1.32%. At this rate, an investment would double in approximately 4.4 years.

Historically, 82% of months were positive and 18% were negative. The best month was Jan 2026 with a return of +4.6%, while the worst month was Mar 2026 at -3.0%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 1 months.

On a daily basis, March 2026 Portfolio closed higher 61% of trading days. The best single day was Apr 9, 2025 with a return of +4.3%, while the worst single day was Apr 4, 2025 at -3.4%.

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Total
2026	4.56%	3.34%	-2.96%	1.57%									6.49%
2025	2.82%	0.96%	0.47%	-0.51%	2.07%	2.55%	0.56%	2.27%	3.36%	1.12%	1.35%	0.56%	18.99%
2024	0.47%	2.18%	4.05%	-1.63%	2.30%	0.55%	2.53%	1.35%	1.83%	-0.33%	2.44%	-2.83%	13.47%

Benchmark Metrics

March 2026 Portfolio has an annualized alpha of 9.87%, beta of 0.42, and R² of 0.64 versus S&P 500 Index. Calculated based on daily prices since January 12, 2024.

This portfolio participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (64.47%) than losses (15.87%) — typical of diversified or defensive assets.
This portfolio generated an annualized alpha of 9.87% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
Beta of 0.42 indicates this portfolio moves significantly less than S&P 500 Index — a genuinely defensive profile with reduced participation in both market rallies and downturns.

Alpha: 9.87%

Beta: 0.42

R²: 0.64

Upside Capture: 64.47%

Downside Capture: 15.87%

Expense Ratio

March 2026 Portfolio has an expense ratio of 0.13%, which is considered low. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.

Top 10 holdings

PDBC

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF

GLD

SPDR Gold Shares

IBIT

iShares Bitcoin Trust ETF

QQQ

Invesco QQQ ETF

TLT

iShares 20+ Year Treasury Bond ETF

VNQ

Vanguard Real Estate ETF

SGOV

iShares 0-3 Month Treasury Bond ETF

XLE

State Street Energy Select Sector SPDR ETF

BNDX

Vanguard Total International Bond ETF

VXUS

Vanguard Total International Stock ETF

Return for Risk

Risk / Return Rank

March 2026 Portfolio ranks 92 for risk / return — in the top 92% of portfolios on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

Overall Rank

Sharpe Ratio Rank

Sortino Ratio Rank

Omega Ratio Rank

Calmar Ratio Rank

Martin Ratio Rank

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

	Portfolio	Benchmark	Difference
Sharpe ratio Return per unit of total volatility	3.55	2.23	+1.32
Sortino ratio Return per unit of downside risk	4.84	3.12	+1.72
Omega ratio Gain probability vs. loss probability	1.72	1.42	+0.30
Calmar ratio Return relative to maximum drawdown	6.35	4.05	+2.31
Martin ratio Return relative to average drawdown	25.84	17.91	+7.93
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

How much return does each position deliver for the risk it carries? Higher values mean better reward for the risk taken.

	Risk / Return Rank	Sharpe ratio	Sortino ratio	Omega ratio	Calmar ratio	Martin ratio
XLE State Street Energy Select Sector SPDR ETF	73	2.69	3.45	1.43	5.98	18.21
GLD SPDR Gold Shares	39	1.82	2.24	1.34	3.06	10.54
VNQ Vanguard Real Estate ETF	28	1.26	1.77	1.23	2.54	8.05
PDBC Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF	64	2.35	3.09	1.41	6.17	13.55
IBIT iShares Bitcoin Trust ETF	6	-0.18	0.04	1.00	-0.09	-0.19
TLT iShares 20+ Year Treasury Bond ETF	11	0.45	0.71	1.08	0.36	0.78
BND Vanguard Total Bond Market ETF	31	1.58	2.36	1.28	2.29	7.38
VTV Vanguard Value ETF	76	2.62	3.77	1.47	5.32	19.85
SGOV iShares 0-3 Month Treasury Bond ETF	100	20.58	285.86	202.33	412.76	4,634.34
BNDX Vanguard Total International Bond ETF	16	0.77	1.11	1.14	0.82	3.09

Sharpe Ratio

The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

March 2026 Portfolio Sharpe ratios as of Apr 11, 2026 (values are recalculated daily):

1-Year: 3.55
All Time: 2.11

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

Compared to the broad market, where average Sharpe ratios range from 2.14 to 3.05, this portfolio's current Sharpe ratio is in the top 25%. This signifies superior risk-adjusted performance, meaning the portfolio is delivering strong returns for the level of risk taken compared to most others.

The chart below shows the rolling Sharpe ratio of March 2026 Portfolio compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.

Loading graphics...

Dividends

Dividend yield

March 2026 Portfolio provided a 2.43% dividend yield over the last twelve months.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Portfolio	2.43%	2.57%	2.85%	2.79%	2.20%	2.92%	1.47%	1.87%	1.72%	1.56%	1.66%	1.55%
Portfolio components:
XLE State Street Energy Select Sector SPDR ETF	2.62%	3.28%	3.36%	3.55%	3.68%	4.21%	5.62%	6.72%	3.54%	3.03%	2.26%	3.39%
GLD SPDR Gold Shares	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VNQ Vanguard Real Estate ETF	3.75%	3.92%	3.85%	3.95%	3.91%	2.56%	3.93%	3.39%	4.74%	4.23%	4.82%	3.92%
PDBC Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF	3.00%	3.84%	4.42%	4.21%	13.05%	50.83%	0.01%	1.40%	1.00%	3.83%	6.51%	0.00%
IBIT iShares Bitcoin Trust ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TLT iShares 20+ Year Treasury Bond ETF	4.52%	4.43%	4.30%	3.38%	2.67%	1.50%	1.50%	2.27%	2.63%	2.43%	2.60%	2.61%
BND Vanguard Total Bond Market ETF	3.92%	3.86%	3.67%	3.09%	2.60%	2.12%	2.38%	2.72%	2.81%	2.54%	2.51%	2.57%
VTV Vanguard Value ETF	1.97%	2.05%	2.31%	2.46%	2.52%	2.15%	2.56%	2.50%	2.73%	2.29%	2.44%	2.60%
SGOV iShares 0-3 Month Treasury Bond ETF	3.95%	4.10%	5.10%	4.87%	1.45%	0.03%	0.05%	0.00%	0.00%	0.00%	0.00%	0.00%
BNDX Vanguard Total International Bond ETF	4.46%	4.39%	4.18%	4.42%	1.51%	3.74%	1.11%	3.40%	3.01%	2.23%	1.89%	1.63%

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.

Loading graphics...

Worst Drawdowns

The table below displays the maximum drawdowns of the March 2026 Portfolio. 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 March 2026 Portfolio was 7.62%, occurring on Apr 8, 2025. Recovery took 23 trading sessions.

The current March 2026 Portfolio drawdown is 1.66%.

Depth	Start	To Bottom	Bottom	To Recover	End	Total
-7.62%	Feb 21, 2025	33	Apr 8, 2025	23	May 12, 2025	56
-4.81%	Mar 3, 2026	18	Mar 26, 2026	—	—	—
-3.56%	Jul 17, 2024	16	Aug 7, 2024	8	Aug 19, 2024	24
-3.51%	Dec 2, 2024	14	Dec 19, 2024	19	Jan 21, 2025	33
-2.72%	Jan 30, 2026	2	Feb 2, 2026	7	Feb 11, 2026	9

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.

Loading graphics...

Diversification

Diversification Metrics

Number of Effective Assets

The portfolio contains 13 assets, with an effective number of assets of 8.05, reflecting the diversification based on asset allocation. This number of effective assets indicates a moderate level of diversification, where some assets may have a more significant influence on overall performance.

Asset Correlations Table

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

	Benchmark	SGOV	PDBC	GLD	IBIT	XLE	TLT	BNDX	BND	VNQ	QQQ	VTV	VOO	VXUS	Portfolio
Benchmark	1.00	0.00	0.06	0.12	0.40	0.20	0.14	0.20	0.18	0.46	0.94	0.73	1.00	0.72	0.72
SGOV	0.00	1.00	0.02	0.02	0.03	0.04	-0.00	0.02	0.02	0.05	-0.00	-0.00	0.00	-0.04	0.01
PDBC	0.06	0.02	1.00	0.36	0.10	0.58	-0.18	-0.23	-0.18	-0.03	0.06	0.07	0.06	0.15	0.37
GLD	0.12	0.02	0.36	1.00	0.12	0.13	0.12	0.19	0.18	0.16	0.10	0.14	0.12	0.36	0.59
IBIT	0.40	0.03	0.10	0.12	1.00	0.13	0.02	0.04	0.04	0.22	0.41	0.30	0.40	0.35	0.40
XLE	0.20	0.04	0.58	0.13	0.13	1.00	-0.06	-0.09	-0.05	0.26	0.09	0.45	0.21	0.22	0.49
TLT	0.14	-0.00	-0.18	0.12	0.02	-0.06	1.00	0.75	0.94	0.38	0.07	0.21	0.14	0.23	0.27
BNDX	0.20	0.02	-0.23	0.19	0.04	-0.09	0.75	1.00	0.78	0.36	0.14	0.24	0.20	0.28	0.31
BND	0.18	0.02	-0.18	0.18	0.04	-0.05	0.94	0.78	1.00	0.42	0.12	0.25	0.19	0.29	0.32
VNQ	0.46	0.05	-0.03	0.16	0.22	0.26	0.38	0.36	0.42	1.00	0.28	0.70	0.46	0.50	0.56
QQQ	0.94	-0.00	0.06	0.10	0.41	0.09	0.07	0.14	0.12	0.28	1.00	0.53	0.94	0.65	0.61
VTV	0.73	-0.00	0.07	0.14	0.30	0.45	0.21	0.24	0.25	0.70	0.53	1.00	0.73	0.65	0.76
VOO	1.00	0.00	0.06	0.12	0.40	0.21	0.14	0.20	0.19	0.46	0.94	0.73	1.00	0.72	0.72
VXUS	0.72	-0.04	0.15	0.36	0.35	0.22	0.23	0.28	0.29	0.50	0.65	0.65	0.72	1.00	0.80
Portfolio	0.72	0.01	0.37	0.59	0.40	0.49	0.27	0.31	0.32	0.56	0.61	0.76	0.72	0.80	1.00

The correlation results are calculated based on daily price changes starting from Jan 12, 2024

March 2026 Portfolio

Asset Allocation

Performance

Performance Chart

Returns By Period

Monthly Returns

Benchmark Metrics

Expense Ratio

Top 10 holdings

Return for Risk

Risk / Return Rank

Return / Risk — by metrics

Sharpe ratio

Sortino ratio

Omega ratio

Calmar ratio

Martin ratio

Sharpe Ratio

Dividends

Dividend yield

Drawdowns

Drawdowns Chart

Worst Drawdowns

Volatility

Volatility Chart

Diversification

Diversification Metrics

Number of Effective Assets

Asset Correlations Table