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Golden Butterfly

Last updated Feb 21, 2024

Asset Allocation


TLT 20%SHV 20%IAU 20%SPY 20%IWM 20%BondBondCommodityCommodityEquityEquity
PositionCategory/SectorWeight
TLT
iShares 20+ Year Treasury Bond ETF
Government Bonds

20%

SHV
iShares Short Treasury Bond ETF
Government Bonds

20%

IAU
iShares Gold Trust
Precious Metals, Gold

20%

SPY
SPDR S&P 500 ETF
Large Cap Growth Equities

20%

IWM
iShares Russell 2000 ETF
Small Cap Growth Equities

20%

Performance

The chart shows the growth of an initial investment of $10,000 in Golden Butterfly, 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


-5.00%0.00%5.00%10.00%15.00%SeptemberOctoberNovemberDecember2024February
6.94%
13.40%
Golden Butterfly
Benchmark (^GSPC)
Portfolio components

The earliest data available for this chart is Jan 11, 2007, corresponding to the inception date of SHV

Returns

As of Feb 21, 2024, the Golden Butterfly returned -0.70% Year-To-Date and 5.90% of annualized return in the last 10 years.


Year-To-Date1 month6 months1 year5 years (annualized)10 years (annualized)
^GSPC
N/AN/AN/AN/AN/AN/A
Golden Butterfly-0.70%1.08%6.94%7.36%6.48%5.90%
SPY
SPDR S&P 500 ETF
4.51%2.97%14.24%23.83%14.24%12.49%
IWM
iShares Russell 2000 ETF
-0.91%3.35%9.09%4.51%6.28%7.01%
TLT
iShares 20+ Year Treasury Bond ETF
-5.81%-1.01%1.51%-6.11%-3.00%1.03%
SHV
iShares Short Treasury Bond ETF
0.65%0.38%2.67%5.17%1.85%1.24%
IAU
iShares Gold Trust
-1.84%-0.21%6.59%9.68%8.73%4.13%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2024-1.09%
20231.89%-2.14%-4.55%-1.35%6.11%5.40%

Sharpe Ratio

The current Golden Butterfly Sharpe ratio is 0.89. A Sharpe ratio between 0 and 1.0 is considered sub-optimal.

-1.000.001.002.003.004.000.89

The Sharpe ratio of Golden Butterfly is in the bottom 25%, suggesting that this portfolio isn't performing as well in terms of risk-adjusted returns compared to many others. This could be due to lower returns, higher volatility, or both. It might be an indication that the portfolio needs fine-tuning.


Rolling 12-month Sharpe Ratio0.000.501.001.502.00SeptemberOctoberNovemberDecember2024February
0.89
1.75
Golden Butterfly
Benchmark (^GSPC)
Portfolio components

Dividend yield

Golden Butterfly granted a 2.23% dividend yield in the last twelve months.


TTM20232022202120202019201820172016201520142013
Golden Butterfly2.23%2.17%1.44%0.73%0.96%1.49%1.55%1.24%1.27%1.25%1.16%1.26%
SPY
SPDR S&P 500 ETF
1.34%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%1.87%1.81%
IWM
iShares Russell 2000 ETF
1.36%1.35%1.48%0.94%1.04%1.26%1.40%1.26%1.38%1.54%1.26%1.23%
TLT
iShares 20+ Year Treasury Bond ETF
3.64%3.38%2.67%1.50%1.50%2.27%2.63%2.43%2.60%2.61%2.67%3.26%
SHV
iShares Short Treasury Bond ETF
4.82%4.73%1.39%0.00%0.74%2.19%1.66%0.72%0.34%0.03%0.00%0.00%
IAU
iShares Gold Trust
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Expense Ratio

The Golden Butterfly features an expense ratio of 0.17%, falling within the medium range. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.


0.25%
0.00%2.15%
0.19%
0.00%2.15%
0.15%
0.00%2.15%
0.09%
0.00%2.15%

Risk-Adjusted Performance

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 ratioSortino ratioOmega ratioCalmar ratioUlcer Index
SPY
SPDR S&P 500 ETF
1.90
IWM
iShares Russell 2000 ETF
0.23
TLT
iShares 20+ Year Treasury Bond ETF
-0.30
SHV
iShares Short Treasury Bond ETF
15.32
IAU
iShares Gold Trust
0.78

Asset Correlations Table

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

SHVIAUTLTSPYIWM
SHV1.000.080.14-0.07-0.07
IAU0.081.000.190.050.06
TLT0.140.191.00-0.31-0.30
SPY-0.070.05-0.311.000.87
IWM-0.070.06-0.300.871.00

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-15.00%-10.00%-5.00%0.00%SeptemberOctoberNovemberDecember2024February
-5.41%
-1.08%
Golden Butterfly
Benchmark (^GSPC)
Portfolio components

Worst Drawdowns

The table below displays the maximum drawdowns of the Golden Butterfly. 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 Golden Butterfly was 21.03%, occurring on Nov 20, 2008. Recovery took 224 trading sessions.

The current Golden Butterfly drawdown is 5.41%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-21.03%May 21, 2008129Nov 20, 2008224Oct 13, 2009353
-19.9%Nov 10, 2021238Oct 20, 2022
-15.65%Feb 24, 202018Mar 18, 202048May 27, 202066
-8.08%Apr 16, 2015192Jan 19, 201659Apr 13, 2016251
-7.61%Aug 30, 201880Dec 24, 201836Feb 15, 2019116

Volatility Chart

The current Golden Butterfly volatility is 3.13%, 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.


1.50%2.00%2.50%3.00%3.50%4.00%4.50%5.00%SeptemberOctoberNovemberDecember2024February
3.13%
3.37%
Golden Butterfly
Benchmark (^GSPC)
Portfolio components
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