Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
CAIE Calamos Autocallable Income ETF | Derivative Income | 30% |
QQQH NEOS Nasdaq-100 Hedged Equity Income ETF | Hedge Fund | 20% |
SBAR Simplify Barrier Income ETF | Derivative Income | 30% |
XV Simplify Target 15 Distribution ETF | Derivative Income | 20% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Hedged 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 when any position deviates by more than 5.0% from its target allocation.
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The earliest data available for this chart is Jun 25, 2025, corresponding to the inception date of CAIE
Returns By Period
| 1D | 1M | YTD | 6M | 1Y | 3Y* | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|---|---|
Benchmark S&P 500 Index | 0.11% | -3.43% | -3.84% | -1.98% | 16.08% | 16.86% | 10.37% | 12.29% |
Portfolio Hedged Income | 0.34% | -2.56% | -3.02% | -1.12% | — | — | — | — |
| Portfolio components: | ||||||||
SBAR Simplify Barrier Income ETF | 0.82% | -2.59% | -3.01% | -0.33% | — | — | — | — |
XV Simplify Target 15 Distribution ETF | 0.28% | -2.96% | -2.97% | -1.17% | — | — | — | — |
CAIE Calamos Autocallable Income ETF | 0.04% | -2.78% | -3.23% | -1.87% | — | — | — | — |
QQQH NEOS Nasdaq-100 Hedged Equity Income ETF | 0.15% | -1.77% | -2.75% | -1.02% | 14.90% | 19.20% | 7.61% | — |
Monthly Returns
Based on dividend-adjusted daily data since Jun 26, 2025, Hedged Income 's average daily return is +0.04%, while the average monthly return is +0.61%. At this rate, your investment would double in approximately 9.5 years.
Historically, 82% of months were positive and 18% were negative. The best month was Sep 2025 with a return of +2.5%, while the worst month was Mar 2026 at -3.7%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 2 months.
On a daily basis, Hedged Income closed higher 57% of trading days. The best single day was Aug 22, 2025 with a return of +1.7%, while the worst single day was Oct 10, 2025 at -1.7%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.93% | -0.70% | -3.72% | 0.50% | -3.02% | ||||||||
| 2025 | 1.50% | 1.93% | 1.49% | 2.46% | 1.74% | 0.11% | 0.53% | 10.15% |
Benchmark Metrics
Hedged Income has an annualized alpha of 1.42%, beta of 0.70, and R² of 0.87 versus S&P 500 Index. Calculated based on daily prices since June 26, 2025.
- This portfolio participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (74.06%) than losses (67.20%) — typical of diversified or defensive assets.
- Alpha
- 1.42%
- Beta
- 0.70
- R²
- 0.87
- Upside Capture
- 74.06%
- Downside Capture
- 67.20%
Expense Ratio
Hedged Income has an expense ratio of 0.73%, 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
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
How much return does each position deliver for the risk it carries? Higher values mean better reward for the risk taken.
| Risk / Return Rank | Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|---|
SBAR Simplify Barrier Income ETF | — | — | — | — | — | — |
XV Simplify Target 15 Distribution ETF | — | — | — | — | — | — |
CAIE Calamos Autocallable Income ETF | — | — | — | — | — | — |
QQQH NEOS Nasdaq-100 Hedged Equity Income ETF | 59 | 1.02 | 1.57 | 1.24 | 1.75 | 8.09 |
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Dividends
Dividend yield
Hedged Income provided a 12.87% dividend yield over the last twelve months.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
| Portfolio | 12.87% | 9.35% | 1.51% | 1.44% | 1.81% | 1.55% | 1.50% | 0.13% |
| Portfolio components: | ||||||||
SBAR Simplify Barrier Income ETF | 12.27% | 8.56% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XV Simplify Target 15 Distribution ETF | 18.77% | 13.87% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
CAIE Calamos Autocallable Income ETF | 11.85% | 7.46% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQH NEOS Nasdaq-100 Hedged Equity Income ETF | 9.41% | 8.86% | 7.53% | 7.18% | 9.05% | 7.77% | 7.48% | 0.65% |
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 Hedged 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 Hedged Income was 6.40%, occurring on Mar 30, 2026. The portfolio has not yet recovered.
The current Hedged Income drawdown is 4.42%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -6.4% | Jan 28, 2026 | 43 | Mar 30, 2026 | — | — | — |
| -3.21% | Oct 28, 2025 | 18 | Nov 20, 2025 | 8 | Dec 3, 2025 | 26 |
| -1.98% | Dec 12, 2025 | 4 | Dec 17, 2025 | 4 | Dec 23, 2025 | 8 |
| -1.92% | Jul 28, 2025 | 5 | Aug 1, 2025 | 7 | Aug 12, 2025 | 12 |
| -1.88% | Oct 9, 2025 | 2 | Oct 10, 2025 | 6 | Oct 20, 2025 | 8 |
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 4 assets, with an effective number of assets of 3.85, reflecting the diversification based on asset allocation. This number of effective assets suggests a highly concentrated portfolio, where a few assets dominate the allocation, potentially increasing the portfolio's risk due to lack of diversification.
Asset Correlations Table
| Benchmark | SBAR | XV | QQQH | CAIE | Portfolio | |
|---|---|---|---|---|---|---|
| Benchmark | 1.00 | 0.68 | 0.70 | 0.90 | 0.91 | 0.93 |
| SBAR | 0.68 | 1.00 | 0.65 | 0.64 | 0.63 | 0.83 |
| XV | 0.70 | 0.65 | 1.00 | 0.64 | 0.64 | 0.81 |
| QQQH | 0.90 | 0.64 | 0.64 | 1.00 | 0.82 | 0.87 |
| CAIE | 0.91 | 0.63 | 0.64 | 0.82 | 1.00 | 0.91 |
| Portfolio | 0.93 | 0.83 | 0.81 | 0.87 | 0.91 | 1.00 |