Risk-Free Yield
Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
IS0R.DE iShares USD High Yield Corporate Bond UCITS ETF USD (Dist) | High Yield Bonds | 10% |
SVARX Spectrum Low Volatility Fund | Nontraditional Bonds | 30% |
UUP Invesco DB US Dollar Index Bullish Fund | Currency | 60% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Risk-Free Yield, 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.
The earliest data available for this chart is Nov 10, 2014, corresponding to the inception date of IS0R.DE
Returns By Period
As of Apr 20, 2025, the Risk-Free Yield returned -4.18% Year-To-Date and 3.67% of annualized return in the last 10 years.
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | -10.18% | -6.71% | -9.92% | 6.35% | 13.40% | 9.65% |
| Risk-Free Yield | -4.18% | -2.75% | -0.99% | 1.31% | 3.97% | 3.67% |
| Portfolio components: | ||||||
SVARX Spectrum Low Volatility Fund | 0.21% | -0.80% | -0.49% | 3.45% | 5.87% | 6.28% |
UUP Invesco DB US Dollar Index Bullish Fund | -7.21% | -3.91% | -1.72% | -1.27% | 2.41% | 2.00% |
IS0R.DE iShares USD High Yield Corporate Bond UCITS ETF USD (Dist) | 1.25% | -1.65% | 0.53% | 8.64% | 5.29% | 4.33% |
Monthly Returns
The table below presents the monthly returns of Risk-Free Yield, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.54% | 0.10% | -1.93% | -2.91% | -4.18% | ||||||||
| 2024 | 1.53% | 0.48% | 1.01% | 0.93% | -0.49% | 1.31% | -0.20% | -0.59% | 0.47% | 1.59% | 1.76% | 1.51% | 9.69% |
| 2023 | 0.67% | 0.92% | -1.02% | -0.37% | 1.50% | -0.15% | 0.00% | 1.59% | 1.63% | 0.57% | 0.00% | 0.82% | 6.31% |
| 2022 | 0.05% | -0.27% | 0.69% | 2.25% | -0.71% | 0.89% | 1.72% | 0.81% | 1.66% | 0.00% | -2.03% | -1.43% | 3.62% |
| 2021 | 0.72% | 0.34% | 1.49% | -0.91% | -0.65% | 1.85% | -0.04% | 0.42% | 1.01% | -0.17% | 0.92% | 0.10% | 5.17% |
| 2020 | 1.13% | 0.71% | -0.49% | 0.76% | 1.13% | 0.37% | -0.66% | -0.15% | 0.58% | 0.07% | 0.34% | -0.42% | 3.40% |
| 2019 | 1.36% | 1.23% | 1.14% | 0.96% | -0.15% | -0.10% | 1.94% | 0.22% | 0.44% | -1.16% | 0.78% | -0.10% | 6.72% |
| 2018 | -1.78% | 0.79% | -0.19% | 1.39% | 1.62% | 0.41% | 0.40% | 0.74% | 0.34% | 0.84% | -0.02% | -0.74% | 3.82% |
| 2017 | -1.11% | 1.51% | -0.40% | -0.50% | -0.60% | -0.79% | -1.09% | 0.10% | 0.59% | 1.19% | -1.01% | -0.46% | -2.56% |
| 2016 | 0.44% | -0.78% | -0.78% | 0.26% | 2.29% | 0.10% | 0.43% | 1.27% | -0.31% | 1.84% | 2.01% | 1.35% | 8.35% |
| 2015 | 3.26% | 0.82% | 1.47% | -1.86% | 1.36% | -1.51% | 0.89% | -1.13% | -0.35% | 0.86% | 1.46% | -1.24% | 3.99% |
| 2014 | 0.26% | 1.23% | 1.49% |
Expense Ratio
Risk-Free Yield has a high expense ratio of 1.20%, indicating above-average management fees. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of Risk-Free Yield is 27, indicating average performance compared to other portfolios on our website. Here’s a breakdown of how it compares using common performance measures.
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 | |
|---|---|---|---|---|---|
SVARX Spectrum Low Volatility Fund | 1.35 | 1.96 | 1.27 | 1.36 | 3.73 |
UUP Invesco DB US Dollar Index Bullish Fund | -0.17 | -0.18 | 0.98 | -0.14 | -0.48 |
IS0R.DE iShares USD High Yield Corporate Bond UCITS ETF USD (Dist) | 1.21 | 1.69 | 1.25 | 1.36 | 8.42 |
Dividends
Dividend yield
Risk-Free Yield provided a 5.97% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 5.97% | 6.12% | 5.45% | 1.03% | 2.17% | 1.86% | 3.23% | 1.94% | 2.72% | 3.25% | 1.50% | 0.85% |
| Portfolio components: | ||||||||||||
SVARX Spectrum Low Volatility Fund | 8.00% | 9.35% | 3.35% | 0.00% | 5.85% | 4.46% | 4.91% | 2.41% | 6.90% | 9.07% | 3.02% | 2.82% |
UUP Invesco DB US Dollar Index Bullish Fund | 4.82% | 4.48% | 6.45% | 0.89% | 0.00% | 0.00% | 2.03% | 1.08% | 0.10% | 0.00% | 0.00% | 0.00% |
IS0R.DE iShares USD High Yield Corporate Bond UCITS ETF USD (Dist) | 6.77% | 6.27% | 5.74% | 4.94% | 4.18% | 5.22% | 5.46% | 5.65% | 5.88% | 5.32% | 6.00% | 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 Risk-Free Yield. 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 Risk-Free Yield was 5.95%, occurring on Feb 15, 2018. Recovery took 125 trading sessions.
The current Risk-Free Yield drawdown is 5.07%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -5.95% | Mar 3, 2017 | 247 | Feb 15, 2018 | 125 | Aug 10, 2018 | 372 |
| -5.6% | Mar 16, 2015 | 235 | Feb 11, 2016 | 113 | Jul 20, 2016 | 348 |
| -5.07% | Jan 14, 2025 | 67 | Apr 16, 2025 | — | — | — |
| -4.56% | Sep 27, 2022 | 157 | May 5, 2023 | 101 | Sep 25, 2023 | 258 |
| -4.06% | Feb 21, 2020 | 12 | Mar 9, 2020 | 56 | May 27, 2020 | 68 |
Volatility
Volatility Chart
The current Risk-Free Yield volatility is 1.86%, 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
| UUP | SVARX | IS0R.DE | |
|---|---|---|---|
| UUP | 1.00 | -0.21 | -0.32 |
| SVARX | -0.21 | 1.00 | 0.42 |
| IS0R.DE | -0.32 | 0.42 | 1.00 |