Leveraged ETF
Asset Allocation
Position | Category/Sector | Weight |
---|---|---|
TNA Direxion Daily Small Cap Bull 3X Shares | Leveraged Equities, Leveraged | 3.79% |
TQQQ ProShares UltraPro QQQ | Leveraged Equities, Leveraged | 81.45% |
UPRO ProShares UltraPro S&P 500 | Leveraged Equities, Leveraged | 14.76% |
Transactions
Date | Type | Symbol | Quantity | Price |
---|---|---|---|---|
Mar 1, 2024 | Sell | ProShares UltraPro S&P 500 | 372 | $66.70 |
Mar 1, 2024 | Sell | ProShares UltraPro QQQ | 402 | $62.90 |
Mar 1, 2024 | Sell | Direxion Daily Small Cap Bull 3X Shares | 515 | $40.60 |
Dec 29, 2023 | Buy | ProShares UltraPro S&P 500 | 372 | $54.60 |
Dec 29, 2023 | Buy | ProShares UltraPro QQQ | 402 | $50.50 |
Dec 29, 2023 | Buy | Direxion Daily Small Cap Bull 3X Shares | 515 | $39.40 |
Dec 1, 2023 | Buy | ProShares UltraPro S&P 500 | 413 | $49.20 |
Dec 1, 2023 | Buy | ProShares UltraPro QQQ | 463 | $43.90 |
Dec 1, 2023 | Buy | Direxion Daily Small Cap Bull 3X Shares | 653 | $31.10 |
Oct 13, 2023 | Sell | ProShares UltraPro S&P 500 | 417 | $41.90 |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Leveraged ETF, 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
Returns By Period
Year-To-Date | 1 month | 6 months | 1 year | 5 years (annualized) | 10 years (annualized) | |
---|---|---|---|---|---|---|
^GSPC S&P 500 | 13.20% | -1.28% | 10.32% | 18.23% | 12.31% | 10.58% |
Leveraged ETF | 25.63% | -12.54% | 16.57% | 45.23% | 25.19% | N/A |
Portfolio components: | ||||||
TNA Direxion Daily Small Cap Bull 3X Shares | 17.56% | 30.81% | 28.55% | 20.40% | -5.80% | 3.16% |
UPRO ProShares UltraPro S&P 500 | 34.76% | -5.30% | 26.40% | 48.33% | 20.64% | 22.79% |
TQQQ ProShares UltraPro QQQ | 25.72% | -15.03% | 14.97% | 49.76% | 30.14% | 34.48% |
Monthly Returns
The table below presents the monthly returns of Leveraged ETF, 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 | 2.66% | 14.68% | 3.46% | -14.38% | 17.78% | 16.07% | 25.63% | ||||||
2023 | 28.97% | -4.83% | 19.93% | 0.18% | 17.02% | 18.35% | 10.64% | -6.85% | -16.05% | -8.89% | 33.09% | 15.71% | 147.93% |
2022 | -24.27% | -14.47% | 10.74% | -35.76% | -8.47% | -27.01% | 37.38% | -16.11% | -29.98% | 10.85% | 12.71% | -24.73% | -76.64% |
2021 | -0.24% | 0.72% | 3.63% | 16.93% | -3.63% | 16.71% | 3.43% | 12.05% | -16.21% | 23.97% | 4.08% | 2.97% | 76.67% |
2020 | 5.93% | -30.91% | -39.89% | 45.28% | 18.03% | 24.84% | 29.45% | 32.86% | -17.86% | -9.58% | 35.57% | 15.05% | 87.63% |
2019 | 26.58% | 8.86% | 21.95% | 15.52% | -23.10% | 22.58% | 5.59% | -7.87% | 2.59% | 11.04% | 11.93% | 15.03% | 161.09% |
2018 | 24.54% | -7.94% | -11.81% | -0.25% | 8.38% | -9.39% | 19.77% | 16.00% | -1.42% | -33.25% | -1.59% | -27.02% | -34.97% |
2017 | 12.37% | 12.52% | 4.14% | 6.80% | 39.85% | -5.15% | 10.45% | 3.47% | 1.42% | 11.54% | 6.33% | 1.46% | 160.17% |
2016 | 895.78% | 10.69% | -5.96% | -37.08% | 2.59% | 4.36% | -5.43% | 5.05% | 3.70% | 619.42% |
Expense Ratio
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 rank of Leveraged ETF is 25, suggesting that the investment has average results relative to other portfolios in terms of risk-adjusted performance. This ranking is determined by the cumulative 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 | |
---|---|---|---|---|---|
TNA Direxion Daily Small Cap Bull 3X Shares | 0.31 | 0.88 | 1.10 | 0.23 | 0.88 |
UPRO ProShares UltraPro S&P 500 | 1.31 | 1.83 | 1.23 | 0.85 | 4.66 |
TQQQ ProShares UltraPro QQQ | 0.97 | 1.47 | 1.19 | 0.73 | 4.39 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Leveraged ETF. 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 Leveraged ETF was 79.20%, occurring on Dec 28, 2022. The portfolio has not yet recovered.
The current Leveraged ETF drawdown is 29.05%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-79.2% | Nov 22, 2021 | 277 | Dec 28, 2022 | — | — | — |
-74.56% | Feb 13, 2020 | 27 | Mar 23, 2020 | 93 | Aug 4, 2020 | 120 |
-61.25% | Aug 30, 2018 | 80 | Dec 24, 2018 | 220 | Nov 7, 2019 | 300 |
-49.22% | Jul 21, 2016 | 76 | Nov 4, 2016 | 129 | May 12, 2017 | 205 |
-34.06% | Sep 3, 2020 | 14 | Sep 23, 2020 | 52 | Dec 7, 2020 | 66 |
Volatility
Volatility Chart
The current Leveraged ETF volatility is 17.21%, 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
TNA | TQQQ | UPRO | |
---|---|---|---|
TNA | 1.00 | 0.68 | 0.81 |
TQQQ | 0.68 | 1.00 | 0.90 |
UPRO | 0.81 | 0.90 | 1.00 |