BTM3

Performance

Risk-Adjusted Performance

Dividends

Drawdowns

Volatility

Diversification

BTM3

Currency in USD · Last updated Jun 2, 2025

Asset Allocation

Position	Category/Sector	Target Weight
CHTR Charter Communications, Inc.	Communication Services	6.67%
CMCSA Comcast Corporation	Communication Services	6.67%
COIN Coinbase Global, Inc.	Technology	6.67%
COST Costco Wholesale Corporation	Consumer Defensive	6.67%
CPNG Coupang, Inc.	Consumer Cyclical	6.67%
CPRT Copart, Inc.	Industrials	6.67%
CRM salesforce.com, inc.	Technology	6.67%
CRWD CrowdStrike Holdings, Inc.	Technology	6.67%
CSCO Cisco Systems, Inc.	Technology	6.67%
CSGP CoStar Group, Inc.	Real Estate	6.67%
CSU.TO Constellation Software Inc.	Technology	6.67%
CSX CSX Corporation	Industrials	6.67%
CTAS Cintas Corporation	Industrials	6.67%
CTSH Cognizant Technology Solutions Corporation	Technology	6.67%
CVX Chevron Corporation	Energy	6.67%

Benchmark

S&P 500

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Performance

Performance Chart

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The earliest data available for this chart is Apr 14, 2021, corresponding to the inception date of COIN

Returns By Period

	YTD	1M	6M	1Y	5Y*	10Y*
^GSPC S&P 500	0.92%	4.38%	-1.84%	12.48%	13.71%	10.99%
BTM3	8.27%	3.77%	-1.50%	19.26%	N/A	N/A
Portfolio components:
CHTR Charter Communications, Inc.	15.17%	2.54%	0.09%	37.50%	-6.32%	8.54%
CMCSA Comcast Corporation	-6.92%	-0.38%	-19.31%	-11.36%	-1.07%	3.90%
COIN Coinbase Global, Inc.	-0.64%	20.39%	-18.41%	9.21%	N/A	N/A
COST Costco Wholesale Corporation	15.62%	4.82%	8.66%	31.17%	30.21%	24.67%
CPNG Coupang, Inc.	28.94%	17.59%	14.04%	24.63%	N/A	N/A
CPRT Copart, Inc.	-11.48%	-17.02%	-18.09%	-4.26%	17.70%	27.51%
CRM salesforce.com, inc.	-21.63%	-4.89%	-20.75%	12.25%	8.53%	13.61%
CRWD CrowdStrike Holdings, Inc.	40.04%	8.76%	38.17%	52.76%	37.33%	N/A
CSCO Cisco Systems, Inc.	9.31%	7.62%	8.89%	41.44%	9.64%	11.80%
CSGP CoStar Group, Inc.	2.35%	-6.02%	-8.49%	-6.27%	2.12%	13.30%
CSU.TO Constellation Software Inc.	17.06%	-0.88%	6.13%	30.18%	26.77%	26.00%
CSX CSX Corporation	-2.39%	9.30%	-13.33%	-6.03%	6.04%	12.25%
CTAS Cintas Corporation	24.54%	7.35%	2.20%	34.76%	28.61%	27.99%
CTSH Cognizant Technology Solutions Corporation	5.14%	3.70%	0.04%	23.19%	9.34%	3.34%
CVX Chevron Corporation	-2.61%	0.74%	-13.03%	-11.21%	12.05%	7.63%

*Annualized

Monthly Returns

The table below presents the monthly returns of BTM3, 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	5.29%	-0.56%	-4.45%	2.38%	5.65%	0.07%							8.27%
2024	0.02%	6.72%	2.97%	-5.73%	2.13%	2.10%	2.30%	-0.04%	1.15%	0.58%	14.17%	-9.18%	16.56%
2023	12.35%	-1.13%	4.71%	-0.09%	3.72%	5.33%	5.38%	-0.27%	-2.90%	-2.27%	12.82%	9.31%	56.16%
2022	-10.08%	0.52%	2.69%	-13.43%	-2.96%	-6.93%	12.62%	-4.04%	-9.38%	10.14%	2.88%	-9.24%	-26.91%
2021				-0.13%	-0.38%	2.74%	2.18%	2.76%	-4.92%	9.57%	-4.38%	2.40%	9.48%

Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Expense Ratio

BTM3 has an expense ratio of 0.00%, meaning no management fees are charged. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.

The portfolio doesn't include any funds that charge management fees.

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of BTM3 is 63, indicating average performance compared to other portfolios on our website. Here’s a breakdown of how it compares using common performance measures.

Overall Rank

Sharpe Ratio Rank

Sortino Ratio Rank

Omega Ratio Rank

Calmar Ratio Rank

Martin Ratio Rank

The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.

Portfolio components

	Sharpe ratio	Sortino ratio	Omega ratio	Calmar ratio	Martin ratio
CHTR Charter Communications, Inc.	0.92	1.77	1.22	0.62	3.93
CMCSA Comcast Corporation	-0.40	-0.26	0.96	-0.22	-0.65
COIN Coinbase Global, Inc.	0.11	0.59	1.07	-0.07	-0.14
COST Costco Wholesale Corporation	1.40	1.68	1.23	1.51	4.29
CPNG Coupang, Inc.	0.66	1.35	1.18	0.52	2.74
CPRT Copart, Inc.	-0.16	-0.08	0.99	-0.24	-0.59
CRM salesforce.com, inc.	0.37	0.63	1.08	0.24	0.58
CRWD CrowdStrike Holdings, Inc.	1.00	1.35	1.17	0.92	2.07
CSCO Cisco Systems, Inc.	1.78	2.62	1.40	1.78	9.23
CSGP CoStar Group, Inc.	-0.20	-0.01	1.00	-0.16	-0.72
CSU.TO Constellation Software Inc.	1.09	1.62	1.21	2.00	5.78
CSX CSX Corporation	-0.23	-0.04	1.00	-0.13	-0.33
CTAS Cintas Corporation	1.38	1.79	1.29	1.73	4.35
CTSH Cognizant Technology Solutions Corporation	0.92	1.41	1.19	0.81	2.74
CVX Chevron Corporation	-0.45	-0.24	0.97	-0.35	-0.82

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.

BTM3 Sharpe ratios as of Jun 2, 2025 (values are recalculated daily):

1-Year: 0.90
All Time: 0.53

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 0.59 to 1.13, this portfolio's current Sharpe ratio falls between the 25th and 75th percentiles. This indicates that its risk-adjusted performance is in line with the majority of portfolios, suggesting a balanced approach to risk and return—likely suitable for a wide range of investors.

The chart below shows the rolling Sharpe ratio of BTM3 compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.

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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

Dividend yield

BTM3 provided a 1.07% dividend yield over the last twelve months.

	TTM	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Portfolio	1.07%	1.03%	1.09%	0.97%	0.83%	1.18%	1.01%	1.02%	1.08%	0.93%	1.22%	0.92%
Portfolio components:
CHTR Charter Communications, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
CMCSA Comcast Corporation	3.67%	3.25%	2.60%	3.03%	1.95%	1.72%	1.40%	2.69%	1.18%	1.96%	1.73%	1.16%
COIN Coinbase Global, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
COST Costco Wholesale Corporation	0.45%	0.49%	2.87%	0.76%	0.54%	3.38%	0.86%	1.08%	4.81%	1.09%	4.06%	0.97%
CPNG Coupang, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
CPRT Copart, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
CRM salesforce.com, inc.	0.62%	0.48%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
CRWD CrowdStrike Holdings, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
CSCO Cisco Systems, Inc.	2.52%	2.69%	3.07%	3.17%	2.32%	3.20%	2.88%	2.95%	2.95%	3.28%	3.02%	2.66%
CSGP CoStar Group, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
CSU.TO Constellation Software Inc.	0.11%	0.12%	0.16%	0.25%	0.21%	0.32%	2.54%	0.60%	0.68%	0.86%	0.90%	1.29%
CSX CSX Corporation	1.60%	1.49%	1.27%	1.29%	0.99%	1.15%	1.33%	1.42%	1.42%	2.00%	2.70%	1.74%
CTAS Cintas Corporation	0.69%	0.80%	0.83%	0.93%	0.77%	0.79%	0.95%	1.22%	1.04%	1.15%	1.15%	2.17%
CTSH Cognizant Technology Solutions Corporation	1.52%	1.56%	1.54%	1.89%	1.08%	1.07%	1.29%	1.26%	0.63%	0.00%	0.00%	0.00%
CVX Chevron Corporation	4.85%	4.50%	4.05%	3.16%	4.52%	6.11%	3.95%	4.12%	3.45%	3.64%	4.76%	3.75%

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.

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Worst Drawdowns

The table below displays the maximum drawdowns of the BTM3. 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 BTM3 was 33.17%, occurring on Jun 16, 2022. Recovery took 375 trading sessions.

The current BTM3 drawdown is 3.12%.

Depth	Start	To Bottom	Bottom	To Recover	End	Total
-33.17%	Nov 10, 2021	155	Jun 16, 2022	375	Dec 1, 2023	530
-18.96%	Dec 5, 2024	86	Apr 8, 2025	—	—	—
-7.13%	Jul 17, 2024	16	Aug 7, 2024	36	Sep 27, 2024	52
-6.09%	Sep 7, 2021	20	Oct 4, 2021	9	Oct 15, 2021	29
-6.05%	Mar 22, 2024	27	Apr 30, 2024	54	Jul 15, 2024	81

Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.

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Diversification

Diversification Metrics

Number of Effective Assets

The portfolio contains 15 assets, with an effective number of assets of 15.00, reflecting the diversification based on asset allocation. This number of effective assets suggests that the portfolio's investments are spread across a variety of assets, indicating a well-diversified allocation. However, true diversification also depends on the correlations between assets.

Asset Correlations Table

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

	^GSPC	CVX	CPNG	CHTR	COIN	CRWD	CMCSA	COST	CSX	CSU.TO	CSGP	CTSH	CRM	CSCO	CTAS	CPRT	Portfolio
^GSPC	1.00	0.33	0.41	0.43	0.53	0.56	0.52	0.61	0.58	0.59	0.59	0.64	0.66	0.67	0.69	0.68	0.85
CVX	0.33	1.00	0.15	0.18	0.12	0.08	0.24	0.12	0.35	0.17	0.17	0.28	0.14	0.31	0.20	0.13	0.31
CPNG	0.41	0.15	1.00	0.23	0.35	0.38	0.20	0.24	0.20	0.32	0.36	0.30	0.36	0.27	0.27	0.34	0.54
CHTR	0.43	0.18	0.23	1.00	0.28	0.25	0.67	0.30	0.32	0.26	0.31	0.38	0.31	0.38	0.32	0.34	0.53
COIN	0.53	0.12	0.35	0.28	1.00	0.47	0.28	0.33	0.27	0.37	0.38	0.33	0.44	0.29	0.28	0.40	0.71
CRWD	0.56	0.08	0.38	0.25	0.47	1.00	0.23	0.34	0.23	0.41	0.39	0.32	0.59	0.36	0.36	0.48	0.67
CMCSA	0.52	0.24	0.20	0.67	0.28	0.23	1.00	0.31	0.43	0.30	0.38	0.45	0.37	0.47	0.39	0.38	0.56
COST	0.61	0.12	0.24	0.30	0.33	0.34	0.31	1.00	0.36	0.36	0.38	0.40	0.39	0.44	0.58	0.50	0.57
CSX	0.58	0.35	0.20	0.32	0.27	0.23	0.43	0.36	1.00	0.36	0.41	0.48	0.35	0.48	0.47	0.43	0.55
CSU.TO	0.59	0.17	0.32	0.26	0.37	0.41	0.30	0.36	0.36	1.00	0.41	0.43	0.45	0.40	0.43	0.43	0.61
CSGP	0.59	0.17	0.36	0.31	0.38	0.39	0.38	0.38	0.41	0.41	1.00	0.49	0.46	0.45	0.53	0.55	0.66
CTSH	0.64	0.28	0.30	0.38	0.33	0.32	0.45	0.40	0.48	0.43	0.49	1.00	0.46	0.55	0.49	0.49	0.64
CRM	0.66	0.14	0.36	0.31	0.44	0.59	0.37	0.39	0.35	0.45	0.46	0.46	1.00	0.46	0.45	0.52	0.71
CSCO	0.67	0.31	0.27	0.38	0.29	0.36	0.47	0.44	0.48	0.40	0.45	0.55	0.46	1.00	0.51	0.47	0.63
CTAS	0.69	0.20	0.27	0.32	0.28	0.36	0.39	0.58	0.47	0.43	0.53	0.49	0.45	0.51	1.00	0.60	0.63
CPRT	0.68	0.13	0.34	0.34	0.40	0.48	0.38	0.50	0.43	0.43	0.55	0.49	0.52	0.47	0.60	1.00	0.68
Portfolio	0.85	0.31	0.54	0.53	0.71	0.67	0.56	0.57	0.55	0.61	0.66	0.64	0.71	0.63	0.63	0.68	1.00

The correlation results are calculated based on daily price changes starting from Apr 15, 2021

Go to the full Correlations tool for more customization options

Performance Analysis

Risk Analysis

Optimization

Factor Model

BTM3

Asset Allocation

Performance

Performance Chart

Returns By Period

Monthly Returns

Expense Ratio

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

Risk-Adjusted Performance Indicators

Dividends

Dividend yield

Drawdowns

Drawdowns Chart

Worst Drawdowns

Volatility

Volatility Chart

Diversification

Diversification Metrics

Number of Effective Assets

Asset Correlations Table

Performance Analysis

Risk Analysis

Optimization

Factor Model

Portfolios

Screeners

Community