Income
Testing for different variables
Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
ARCC Ares Capital Corporation | Financial Services | 50% |
QYLD Global X NASDAQ 100 Covered Call ETF | Derivative Income | 50% |
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 every 3 months.
The earliest data available for this chart is Dec 12, 2013, corresponding to the inception date of QYLD
Returns By Period
As of Apr 20, 2025, the Income returned -7.00% Year-To-Date and 10.02% of annualized return in the last 10 years.
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | -10.18% | -6.79% | -9.92% | 6.35% | 14.12% | 9.63% |
| Income | -6.61% | -5.64% | -3.50% | 7.18% | 16.71% | 9.89% |
| Portfolio components: | ||||||
QYLD Global X NASDAQ 100 Covered Call ETF | -9.53% | -4.65% | -6.56% | 5.14% | 8.86% | 7.29% |
ARCC Ares Capital Corporation | -4.67% | -6.25% | -1.47% | 8.51% | 24.04% | 11.96% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 5.85% | -1.52% | -4.32% | -6.36% | -6.61% | ||||||||
| 2024 | 1.66% | 0.96% | 3.69% | -1.33% | 3.41% | 0.03% | 0.46% | 1.54% | 1.76% | 0.82% | 3.83% | 1.35% | 19.61% |
| 2023 | 5.78% | -0.77% | 0.42% | 1.42% | 2.08% | 2.35% | 3.60% | -1.21% | 0.16% | -1.56% | 4.17% | 3.18% | 21.12% |
| 2022 | 0.04% | -1.58% | 1.05% | -4.76% | -5.01% | -3.88% | 7.45% | -1.95% | -10.11% | 10.58% | 2.15% | -3.29% | -10.48% |
| 2021 | 1.80% | 2.63% | 3.09% | 2.04% | 0.32% | 2.31% | 1.64% | 1.25% | 0.76% | 4.97% | -3.27% | 4.05% | 23.57% |
| 2020 | 0.68% | -8.40% | -23.04% | 11.38% | 9.16% | 1.69% | 0.72% | 3.96% | -2.05% | -2.01% | 14.46% | 3.58% | 4.55% |
| 2019 | 4.61% | 4.37% | 1.79% | 3.41% | -3.36% | 5.29% | 3.02% | 0.24% | 0.79% | 0.47% | 2.17% | 1.74% | 27.11% |
| 2018 | 1.92% | 0.15% | -0.42% | 1.38% | 4.33% | -0.83% | 2.61% | 3.54% | 0.72% | -2.82% | -0.26% | -7.12% | 2.69% |
| 2017 | 2.75% | 3.16% | 0.67% | 1.39% | -1.96% | 0.56% | 0.74% | -0.34% | 2.49% | 0.33% | 0.79% | 0.40% | 11.41% |
| 2016 | -4.56% | 0.33% | 6.88% | -0.34% | -0.31% | -0.49% | 3.99% | 3.64% | 0.11% | -0.33% | 3.14% | 3.03% | 15.62% |
| 2015 | 2.28% | 3.08% | 0.74% | 0.06% | -0.30% | -0.28% | 0.48% | -4.43% | -1.94% | 6.17% | 2.21% | -3.59% | 4.10% |
| 2014 | -0.47% | 2.62% | -0.73% | -1.65% | 1.37% | 3.54% | -3.21% | 2.43% | -2.38% | -1.55% | 1.30% | -0.69% | 0.31% |
Expense Ratio
Income has an expense ratio of 0.30%, placing it in the medium range. 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 Income is 42, 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 | |
|---|---|---|---|---|---|
QYLD Global X NASDAQ 100 Covered Call ETF | 0.10 | 0.28 | 1.05 | 0.10 | 0.45 |
ARCC Ares Capital Corporation | 0.53 | 0.86 | 1.13 | 0.55 | 2.73 |
Dividends
Dividend yield
Income provided a 11.78% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 11.78% | 10.63% | 10.68% | 11.94% | 10.25% | 10.32% | 9.42% | 11.16% | 8.68% | 9.18% | 10.22% | 10.40% |
| Portfolio components: | ||||||||||||
QYLD Global X NASDAQ 100 Covered Call ETF | 14.15% | 12.50% | 11.78% | 13.75% | 12.85% | 11.16% | 9.84% | 12.44% | 7.69% | 9.15% | 9.42% | 10.74% |
ARCC Ares Capital Corporation | 9.41% | 8.77% | 9.59% | 10.12% | 7.65% | 9.47% | 9.01% | 9.88% | 9.67% | 9.22% | 11.02% | 10.06% |
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 41.24%, occurring on Mar 23, 2020. Recovery took 178 trading sessions.
The current Income drawdown is 12.09%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -41.24% | Feb 11, 2020 | 29 | Mar 23, 2020 | 178 | Dec 3, 2020 | 207 |
| -20.51% | Apr 21, 2022 | 113 | Sep 30, 2022 | 198 | Jul 18, 2023 | 311 |
| -18.35% | Feb 5, 2025 | 44 | Apr 8, 2025 | — | — | — |
| -15.98% | Sep 28, 2018 | 60 | Dec 24, 2018 | 66 | Apr 1, 2019 | 126 |
| -14.65% | Dec 2, 2015 | 49 | Feb 11, 2016 | 111 | Jul 21, 2016 | 160 |
Volatility
Volatility Chart
The current Income volatility is 14.42%, 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
| ARCC | QYLD | |
|---|---|---|
| ARCC | 1.00 | 0.39 |
| QYLD | 0.39 | 1.00 |