Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
PFMN.TO PICTON Market Neutral Equity Alternative Fund | Long-Short | 13.33% |
GLCC.TO Global X Gold Producer Equity Covered Call ETF | Derivative Income, Gold, Precious Metals | 13.33% |
MSTY.TO Harvest MicroStrategy High Income Shares ETF | Derivative Income | 13.33% |
LLHE.TO Harvest Eli Lilly Enhanced High Income Shares ETF - Class A Units | Derivative Income | 13.33% |
HHIC.TO Harvest Canadian High Income Shares ETF | Canada Equities, Derivative Income | 13.33% |
HHIS.TO Harvest Diversified High Income Shares ETF | Derivative Income | 13.33% |
FICO Fair Isaac Corporation | Technology | 10% |
TPL Texas Pacific Land Corporation | Energy | 10% |
Find the right asset allocation for Tester 1
Add portfolio to the optimizer to find optimal allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
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Performance Chart
The chart shows the growth of an initial investment of $10,000 in Tester 1, 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.
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Returns By Period
| Position | 1D | 1M | YTD | 6M | 1Y | 3Y* | 5Y* | 10Y* |
|---|---|---|---|---|---|---|---|---|
Benchmark S&P 500 Index | 0.50% | 0.31% | 8.56% | 8.85% | 24.33% | 19.37% | 11.84% | 13.61% |
Portfolio Tester 1 | 0.43% | -4.12% | 2.30% | 1.99% | — | — | — | — |
| Portfolio components: | ||||||||
FICO Fair Isaac Corporation | -0.52% | 7.34% | -30.25% | -36.09% | -33.92% | 13.73% | 18.49% | 26.62% |
GLCC.TO Global X Gold Producer Equity Covered Call ETF | 2.73% | -14.47% | -7.03% | -4.99% | 44.60% | 37.94% | 16.80% | 12.92% |
HHIC.TO Harvest Canadian High Income Shares ETF | 0.74% | 0.90% | 9.80% | 11.60% | — | — | — | — |
HHIS.TO Harvest Diversified High Income Shares ETF | -0.36% | -4.56% | 2.16% | 2.01% | 23.63% | — | — | — |
LLHE.TO Harvest Eli Lilly Enhanced High Income Shares ETF - Class A Units | -1.86% | 12.19% | 7.41% | 14.29% | 41.73% | — | — | — |
MSTY.TO Harvest MicroStrategy High Income Shares ETF | 2.31% | -29.74% | -17.61% | -29.66% | -70.80% | — | — | — |
PFMN.TO PICTON Market Neutral Equity Alternative Fund | -0.12% | 0.09% | 0.75% | 1.77% | 3.66% | 6.31% | 3.49% | — |
TPL Texas Pacific Land Corporation | 2.53% | -2.32% | 32.28% | 35.91% | 2.17% | 38.06% | 18.80% | 36.58% |
Monthly Returns
Based on dividend-adjusted daily data since Aug 21, 2025, Tester 1's average daily return is +0.06%, while the average monthly return is +1.14%. At this rate, an investment would double in approximately 5.1 years.
Historically, 73% of months were positive and 27% were negative. The best month was Feb 2026 with a return of +7.1%, while the worst month was Mar 2026 at -9.2%. The longest winning streak lasted 4 consecutive months, and the longest losing streak was 1 months.
On a daily basis, Tester 1 closed higher 54% of trading days. The best single day was Feb 6, 2026 with a return of +5.2%, while the worst single day was Feb 5, 2026 at -5.1%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.19% | 7.05% | -9.15% | 4.50% | 5.53% | -6.67% | 2.30% | ||||||
| 2025 | 3.22% | 3.68% | 2.00% | 0.74% | -0.59% | 9.32% |
Benchmark Metrics
Tester 1 has an annualized alpha of -7.93%, beta of 1.06, and R2 of 0.47 versus S&P 500 Index. Calculated based on daily prices since August 21, 2025.
- This portfolio participated in 122.57% of S&P 500 Index downside but only 77.31% of its upside - more exposed to losses than it benefited from rallies.
- R2 of 0.47 means the benchmark explains less than half of this portfolio's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- -7.93%
- Beta
- 1.06
- R²
- 0.47
- Upside Capture
- 77.31%
- Downside Capture
- 122.57%
Expense Ratio
Tester 1 has an expense ratio of 0.83%, 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.
Return for Risk
Return / Risk — by metrics
The table below presents risk-adjusted performance metrics for Tester 1 and compares them with S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| Portfolio | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | 1.86 | — |
| Sortino ratioReturn per unit of downside risk | — | 2.53 | — |
| Omega ratioGain probability vs. loss probability | — | 1.34 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.53 | — |
| Martin ratioReturn relative to average drawdown | — | 11.37 | — |
How much return does each position deliver for the risk it carries? Higher values mean better reward for the risk taken.
| Position | Risk / Return Rank | Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio |
|---|---|---|---|---|---|---|
FICO Fair Isaac Corporation | 16 | -0.67 | -0.76 | 0.90 | -0.65 | -1.24 |
GLCC.TO Global X Gold Producer Equity Covered Call ETF | 32 | 1.08 | 1.52 | 1.21 | 1.37 | 3.97 |
HHIC.TO Harvest Canadian High Income Shares ETF | — | — | — | — | — | — |
HHIS.TO Harvest Diversified High Income Shares ETF | 26 | 0.97 | 1.41 | 1.18 | 0.98 | 2.58 |
LLHE.TO Harvest Eli Lilly Enhanced High Income Shares ETF - Class A Units | 35 | 1.09 | 1.62 | 1.23 | 1.72 | 4.55 |
MSTY.TO Harvest MicroStrategy High Income Shares ETF | 1 | -1.13 | -2.24 | 0.76 | -0.92 | -1.32 |
PFMN.TO PICTON Market Neutral Equity Alternative Fund | 24 | 0.73 | 1.12 | 1.13 | 1.13 | 3.03 |
TPL Texas Pacific Land Corporation | 44 | 0.09 | 0.46 | 1.06 | 0.13 | 0.25 |
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Dividends
Dividend yield
Tester 1 provided a 12.20% dividend yield over the last twelve months.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 12.20% | 7.45% | 2.50% | 1.74% | 1.48% | 0.93% | 1.08% | 0.64% | 0.80% | 0.98% | 1.18% | 0.34% |
| Portfolio components: | ||||||||||||
FICO Fair Isaac Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% | 0.07% | 0.08% |
GLCC.TO Global X Gold Producer Equity Covered Call ETF | 9.12% | 6.01% | 10.30% | 11.16% | 10.08% | 6.31% | 6.47% | 4.58% | 5.62% | 7.08% | 8.75% | 2.32% |
HHIC.TO Harvest Canadian High Income Shares ETF | 11.06% | 4.77% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HHIS.TO Harvest Diversified High Income Shares ETF | 27.93% | 22.88% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
LLHE.TO Harvest Eli Lilly Enhanced High Income Shares ETF - Class A Units | 20.22% | 20.89% | 7.40% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MSTY.TO Harvest MicroStrategy High Income Shares ETF | 21.95% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PFMN.TO PICTON Market Neutral Equity Alternative Fund | 0.77% | 0.80% | 0.00% | 1.28% | 0.00% | 0.00% | 0.00% | 0.09% | 0.00% | 0.00% | 0.00% | 0.00% |
TPL Texas Pacific Land Corporation | 0.60% | 0.74% | 1.37% | 0.83% | 1.37% | 0.88% | 2.20% | 0.22% | 0.55% | 0.30% | 0.10% | 0.22% |
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 Tester 1. 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 Tester 1 was 12.66%, occurring on Mar 30, 2026. The portfolio has not yet recovered.
The current Tester 1 drawdown is 7.40%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2026 correction2026 | -12.66%Mar 2026 | 27d | — | 3mo 14dMar 2026 - now |
2026 correction2026 | -10.23%Feb 2026 | 7d | 15d | 22dJan 2026 - Feb 2026 |
2025 pullback2025 | -7.16%Nov 2025 | 1mo 14d | 1mo 24d | 3mo 8dOct 2025 - Jan 2026 |
2025 pullback2025 | -2.20%Sep 2025 | 2d | 6d | 8dSep 2025 - Oct 2025 |
2026 pullback2026 | -2.13%Jan 2026 | 5d | 3d | 8dJan 2026 - Jan 2026 |
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 8 assets, with an effective number of assets of 7.89, reflecting the diversification based on asset allocation. Your capital is spread almost evenly across your holdings, indicating a well-balanced allocation. Note that true diversification also depends on the correlations between assets — check the diversification ratio below.
Diversification Ratio
All Time | |
|---|---|
Diversification Ratio | 1.78 |
The portfolio has a diversification ratio of 1.78, in line with the typical range across portfolios. There's room to improve by adding less correlated assets.
Tester 1 correlation to the S&P 500 Index
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 21, 2025 | 0.62 |
Benchmark Correlations
Correlation vs. S&P 500 Index. HHIS.TO has the highest benchmark correlation at 0.76, while TPL has the lowest at 0.15.
Asset Correlations Table
| FICO | LLHE.TO | TPL | PFMN.TO | MSTY.TO | GLCC.TO | HHIC.TO | HHIS.TO | |
|---|---|---|---|---|---|---|---|---|
| FICO | 1.00 | 0.03 | 0.03 | 0.00 | 0.05 | -0.09 | 0.07 | 0.12 |
| LLHE.TO | 0.03 | 1.00 | 0.01 | 0.12 | 0.09 | 0.14 | 0.04 | 0.21 |
| TPL | 0.03 | 0.01 | 1.00 | -0.03 | 0.17 | 0.14 | 0.24 | 0.13 |
| PFMN.TO | 0.00 | 0.12 | -0.03 | 1.00 | 0.20 | 0.36 | 0.41 | 0.39 |
| MSTY.TO | 0.05 | 0.09 | 0.17 | 0.20 | 1.00 | 0.22 | 0.34 | 0.67 |
| GLCC.TO | -0.09 | 0.14 | 0.14 | 0.36 | 0.22 | 1.00 | 0.62 | 0.38 |
| HHIC.TO | 0.07 | 0.04 | 0.24 | 0.41 | 0.34 | 0.62 | 1.00 | 0.54 |
| HHIS.TO | 0.12 | 0.21 | 0.13 | 0.39 | 0.67 | 0.38 | 0.54 | 1.00 |
Find what Tester 1 is missing
See which holdings overlap, where Tester 1 is concentrated, and which low-correlation assets could fill the gaps.
Analyze Diversification