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For fun
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For fun

Last updated Sep 19, 2024

Weekly

Asset Allocation

USFR 200%ENIAX 200%BIL 200%BondBondCryptocurrencyCryptocurrencyEquityEquity
PositionCategory/SectorWeight
BIL
SPDR Barclays 1-3 Month T-Bill ETF		Government Bonds
200%
ENIAX
SEI Institutional Investments Trust Opportunistic Income Fund		Ultrashort Bond
200%
LABD
Direxion Daily S&P Biotech Bear 3x Shares		Leveraged Equities, Leveraged
-10%
LABU
Direxion Daily S&P Biotech Bull 3x Shares		Leveraged Equities, Leveraged
-10%
SOXL
Direxion Daily Semiconductor Bull 3x Shares		Leveraged Equities, Leveraged
-10%
SOXS
Direxion Daily Semiconductor Bear 3x Shares		Leveraged Equities, Leveraged
-10%
SPXL
Direxion Daily S&P 500 Bull 3X Shares		Leveraged Equities, Leveraged
-10%
SPXS
Direxion Daily S&P 500 Bear 3X Shares		Leveraged Equities, Leveraged
-10%
SQQQ
ProShares UltraPro Short QQQ		Leveraged Equities, Leveraged
-10%
TNA
Direxion Daily Small Cap Bull 3X Shares		Leveraged Equities, Leveraged
-10%
TQQQ
ProShares UltraPro QQQ		Leveraged Equities, Leveraged
-10%
TZA
Direxion Daily Small Cap Bear 3X Shares		Leveraged Equities, Leveraged
-10%
USDT-USD
Tether
-400%
USFR
WisdomTree Bloomberg Floating Rate Treasury Fund		Government Bonds
200%

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in For fun, 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

-10.00%0.00%10.00%20.00%30.00%AprilMayJuneJulyAugustSeptember
28.01%
7.18%
For fun
Benchmark (^GSPC)
Portfolio components

The earliest data available for this chart is Nov 9, 2017, corresponding to the inception date of USDT-USD

Returns By Period

Year-To-Date1 month6 months1 year5 years (annualized)10 years (annualized)
^GSPC
S&P 500		17.79%0.18%7.53%26.42%13.48%10.85%
For fun41.08%3.34%28.00%50.31%28.65%N/A
Portfolio components:
LABU
Direxion Daily S&P Biotech Bull 3x Shares		12.99%-1.47%2.34%70.92%-29.46%N/A
LABD
Direxion Daily S&P Biotech Bear 3x Shares		-41.40%0.00%-22.02%-70.82%-56.98%N/A
SPXL
Direxion Daily S&P 500 Bull 3X Shares		47.78%-0.08%14.60%81.44%24.30%23.26%
SPXS
Direxion Daily S&P 500 Bear 3X Shares		-35.53%-0.69%-16.05%-48.34%-46.00%-39.37%
TQQQ
ProShares UltraPro QQQ		30.39%-7.39%5.39%75.89%33.67%33.66%
SQQQ
ProShares UltraPro Short QQQ		-35.37%5.13%-16.86%-54.15%-58.90%-51.78%
SOXL
Direxion Daily Semiconductor Bull 3x Shares		-0.47%-22.32%-32.57%69.50%22.66%32.79%
SOXS
Direxion Daily Semiconductor Bear 3x Shares		-56.18%12.71%-22.20%-77.72%-77.38%-65.43%
TNA
Direxion Daily Small Cap Bull 3X Shares		10.20%7.40%4.38%45.24%-5.77%2.34%
TZA
Direxion Daily Small Cap Bear 3X Shares		-27.89%-9.36%-18.23%-51.26%-46.82%-39.83%
USDT-USD
Tether		0.07%0.04%0.06%0.02%-0.04%N/A
USFR
WisdomTree Bloomberg Floating Rate Treasury Fund		3.87%0.31%2.51%5.29%2.40%2.27%
ENIAX
SEI Institutional Investments Trust Opportunistic Income Fund		6.49%0.75%4.25%9.50%4.47%3.78%
BIL
SPDR Barclays 1-3 Month T-Bill ETF		3.82%0.43%2.61%5.37%2.17%1.48%

Monthly Returns

The table below presents the monthly returns of For fun, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
20244.85%2.58%3.33%2.74%5.85%2.62%4.85%6.14%41.08%
20232.95%4.93%-1.30%3.76%2.75%2.53%3.69%5.17%1.01%2.31%6.60%-2.59%36.41%
2022-0.81%1.20%8.04%-5.38%6.96%-4.30%0.17%9.04%2.96%4.39%2.81%9.34%38.63%
20213.06%1.39%5.44%1.52%2.38%-0.58%0.62%2.06%2.44%-0.25%-1.25%1.91%20.24%
20202.18%-0.96%8.91%8.85%0.09%-2.46%2.24%-4.11%9.10%3.66%-5.66%-7.72%13.04%
20192.69%-4.13%3.73%-0.19%3.96%8.74%-2.06%3.14%1.42%0.01%-1.11%-0.83%15.77%
20189.07%1.21%2.94%3.74%1.05%1.36%1.76%-1.10%3.64%3.70%4.31%-18.09%11.57%
20171.03%-0.56%0.47%

Expense Ratio

For fun has an expense ratio of -0.01%, which is considered low compared to other funds. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.

TNA
Direxion Daily Small Cap Bull 3X Shares
Expense ratio chart for TNA: current value at 1.14% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.14%
LABU
Direxion Daily S&P Biotech Bull 3x Shares
Expense ratio chart for LABU: current value at 1.12% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.12%
TZA
Direxion Daily Small Cap Bear 3X Shares
Expense ratio chart for TZA: current value at 1.11% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.11%
SPXS
Direxion Daily S&P 500 Bear 3X Shares
Expense ratio chart for SPXS: current value at 1.08% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.08%
SOXS
Direxion Daily Semiconductor Bear 3x Shares
Expense ratio chart for SOXS: current value at 1.08% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.08%
LABD
Direxion Daily S&P Biotech Bear 3x Shares
Expense ratio chart for LABD: current value at 1.06% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.06%
SPXL
Direxion Daily S&P 500 Bull 3X Shares
Expense ratio chart for SPXL: current value at 1.02% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.02%
SOXL
Direxion Daily Semiconductor Bull 3x Shares
Expense ratio chart for SOXL: current value at 0.99% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.99%
TQQQ
ProShares UltraPro QQQ
Expense ratio chart for TQQQ: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%
SQQQ
ProShares UltraPro Short QQQ
Expense ratio chart for SQQQ: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%
ENIAX
SEI Institutional Investments Trust Opportunistic Income Fund
Expense ratio chart for ENIAX: current value at 0.23% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.23%
USFR
WisdomTree Bloomberg Floating Rate Treasury Fund
Expense ratio chart for USFR: current value at 0.15% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.15%
BIL
SPDR Barclays 1-3 Month T-Bill ETF
Expense ratio chart for BIL: current value at 0.14% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.14%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of For fun is 99, placing it in the top 1% of portfolios on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.

The Risk-Adjusted Performance Rank of For fun is 9999
For fun
The Sharpe Ratio Rank of For fun is 100100Sharpe Ratio Rank
The Sortino Ratio Rank of For fun is 100100Sortino Ratio Rank
The Omega Ratio Rank of For fun is 100100Omega Ratio Rank
The Calmar Ratio Rank of For fun is 9898Calmar Ratio Rank
The Martin Ratio Rank of For fun is 100100Martin 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.

For fun
Sharpe ratio
The chart of Sharpe ratio for For fun, currently valued at 6.90, compared to the broader market-1.000.001.002.003.004.006.90
Sortino ratio
The chart of Sortino ratio for For fun, currently valued at 11.63, compared to the broader market-2.000.002.004.006.0011.63
Omega ratio
The chart of Omega ratio for For fun, currently valued at 2.59, compared to the broader market0.801.001.201.401.601.802.59
Calmar ratio
The chart of Calmar ratio for For fun, currently valued at 8.81, compared to the broader market0.002.004.006.008.008.81
Martin ratio
The chart of Martin ratio for For fun, currently valued at 112.21, compared to the broader market0.0010.0020.0030.00112.21
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.06, compared to the broader market-1.000.001.002.003.004.002.06
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 2.78, compared to the broader market-2.000.002.004.006.002.78
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.37, compared to the broader market0.801.001.201.401.601.801.37
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.85, compared to the broader market0.002.004.006.008.001.85
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 11.09, compared to the broader market0.0010.0020.0030.0011.09
Portfolio components
Sharpe ratioSortino ratioOmega ratioCalmar ratioMartin ratio
LABU
Direxion Daily S&P Biotech Bull 3x Shares		0.050.641.070.010.14
LABD
Direxion Daily S&P Biotech Bear 3x Shares		-0.57-0.510.94-0.69-1.42
SPXL
Direxion Daily S&P 500 Bull 3X Shares		1.992.411.331.1410.83
SPXS
Direxion Daily S&P 500 Bear 3X Shares		-1.23-2.050.78-0.47-1.79
TQQQ
ProShares UltraPro QQQ		0.911.431.190.453.76
SQQQ
ProShares UltraPro Short QQQ		-0.86-1.270.86-0.52-1.72
SOXL
Direxion Daily Semiconductor Bull 3x Shares		0.150.961.120.060.58
SOXS
Direxion Daily Semiconductor Bear 3x Shares		-0.67-0.930.90-0.76-1.44
TNA
Direxion Daily Small Cap Bull 3X Shares		0.511.081.130.152.47
TZA
Direxion Daily Small Cap Bear 3X Shares		-0.72-0.910.90-0.49-1.86
USDT-USD
Tether		0.040.071.010.000.15
USFR
WisdomTree Bloomberg Floating Rate Treasury Fund		13.5250.8411.8314.27697.54
ENIAX
SEI Institutional Investments Trust Opportunistic Income Fund		9.0733.5817.1114.14475.73
BIL
SPDR Barclays 1-3 Month T-Bill ETF		16.85400.60333.8677.117,856.08

Sharpe Ratio

The current For fun Sharpe ratio is 6.90. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Compared to the broad market, where average Sharpe ratios range from 1.71 to 2.36, this portfolio's current Sharpe ratio is in the top 25%, it signifies superior risk-adjusted performance. This means that for the level of risk undertaken, the portfolio is generating impressive returns compared to most others.

Use the chart below to compare the Sharpe ratio of For fun with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio1.002.003.004.005.006.007.00AprilMayJuneJulyAugustSeptember
6.90
2.06
For fun
Benchmark (^GSPC)
Portfolio components

Dividends

Dividend yield

For fun granted a 32.68% dividend yield in the last twelve months.

TTM20232022202120202019201820172016201520142013
For fun32.68%30.38%14.08%5.31%8.34%15.67%13.81%9.01%5.73%5.08%5.05%3.24%
Portfolio components:
LABU
Direxion Daily S&P Biotech Bull 3x Shares		0.38%0.35%0.00%0.00%0.00%0.28%0.64%0.17%0.00%0.00%0.00%0.00%
LABD
Direxion Daily S&P Biotech Bear 3x Shares		4.32%6.13%0.53%0.00%3.96%1.75%0.80%0.00%0.00%0.00%0.00%0.00%
SPXL
Direxion Daily S&P 500 Bull 3X Shares		0.68%0.98%0.32%0.11%0.22%0.84%1.02%3.88%0.00%0.00%0.00%0.00%
SPXS
Direxion Daily S&P 500 Bear 3X Shares		4.96%5.66%0.00%0.00%0.51%1.74%0.58%0.00%0.00%0.00%0.00%0.00%
TQQQ
ProShares UltraPro QQQ		1.10%1.26%0.57%0.00%0.00%0.06%0.11%0.00%0.00%0.01%0.03%0.00%
SQQQ
ProShares UltraPro Short QQQ		7.23%8.01%0.28%0.00%2.15%2.92%1.47%0.14%0.00%0.00%0.00%0.00%
SOXL
Direxion Daily Semiconductor Bull 3x Shares		0.80%0.51%1.07%0.04%0.05%0.38%1.30%0.09%4.84%0.00%0.00%0.00%
SOXS
Direxion Daily Semiconductor Bear 3x Shares		5.56%9.22%0.19%0.00%3.55%2.32%0.76%0.00%0.00%0.00%0.00%0.00%
TNA
Direxion Daily Small Cap Bull 3X Shares		0.92%1.27%0.31%0.06%0.03%0.44%0.36%0.15%0.00%0.00%0.59%1.53%
TZA
Direxion Daily Small Cap Bear 3X Shares		4.12%5.49%0.00%0.00%1.21%1.57%0.63%0.00%0.00%0.00%0.00%0.00%
USDT-USD
Tether		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
USFR
WisdomTree Bloomberg Floating Rate Treasury Fund		5.39%5.12%1.78%0.01%0.40%2.08%1.67%1.03%0.29%0.00%0.00%0.00%
ENIAX
SEI Institutional Investments Trust Opportunistic Income Fund		7.22%7.09%4.07%2.66%4.05%4.32%3.96%3.02%2.75%2.54%2.56%1.69%
BIL
SPDR Barclays 1-3 Month T-Bill ETF		5.23%4.92%1.35%0.00%0.30%2.05%1.66%0.68%0.07%0.00%0.00%0.00%

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.

-8.00%-6.00%-4.00%-2.00%0.00%AprilMayJuneJulyAugustSeptember
-0.28%
-0.86%
For fun
Benchmark (^GSPC)
Portfolio components

Worst Drawdowns

The table below displays the maximum drawdowns of the For fun. 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 For fun was 44.45%, occurring on Mar 12, 2020. Recovery took 19 trading sessions.

The current For fun drawdown is 0.28%.

Depth

Start

To Bottom

Bottom

To Recover

End

Total

-44.45%Oct 18, 2018512Mar 12, 202019Mar 31, 2020531
-30.97%Nov 30, 201713Dec 12, 201747Jan 28, 201860
-19.33%Jun 8, 20229Jun 16, 202275Aug 30, 202284
-15.2%Nov 1, 202055Dec 25, 2020158Jun 1, 2021213
-14.98%May 5, 20227May 11, 202216May 27, 202223

Volatility

Volatility Chart

The current For fun volatility is 1.52%, 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.

1.00%2.00%3.00%4.00%5.00%6.00%AprilMayJuneJulyAugustSeptember
1.52%
3.99%
For fun
Benchmark (^GSPC)
Portfolio components

Diversification

Asset Correlations Table

The table below displays the correlation coefficients between the individual components of the portfolio, the entire portfolio, and the chosen benchmark.
USDT-USDUSFRBILENIAXLABULABDSOXSSOXLTZATNATQQQSQQQSPXSSPXL
USDT-USD1.000.01-0.040.010.02-0.02-0.040.04-0.030.030.06-0.06-0.050.05
USFR0.011.000.240.060.02-0.02-0.020.02-0.010.020.02-0.02-0.010.01
BIL-0.040.241.000.12-0.020.02-0.020.03-0.000.010.02-0.02-0.030.04
ENIAX0.010.060.121.000.08-0.08-0.140.15-0.170.170.16-0.16-0.190.19
LABU0.020.02-0.020.081.00-0.99-0.490.49-0.680.680.53-0.53-0.530.53
LABD-0.02-0.020.02-0.08-0.991.000.49-0.490.68-0.68-0.530.530.53-0.53
SOXS-0.04-0.02-0.02-0.14-0.490.491.00-0.990.62-0.62-0.800.800.74-0.74
SOXL0.040.020.030.150.49-0.49-0.991.00-0.620.620.80-0.80-0.740.74
TZA-0.03-0.01-0.00-0.17-0.680.680.62-0.621.00-1.00-0.630.630.76-0.76
TNA0.030.020.010.170.68-0.68-0.620.62-1.001.000.63-0.63-0.760.76
TQQQ0.060.020.020.160.53-0.53-0.800.80-0.630.631.00-1.00-0.870.87
SQQQ-0.06-0.02-0.02-0.16-0.530.530.80-0.800.63-0.63-1.001.000.87-0.87
SPXS-0.05-0.01-0.03-0.19-0.530.530.74-0.740.76-0.76-0.870.871.00-0.99
SPXL0.050.010.040.190.53-0.53-0.740.74-0.760.760.87-0.87-0.991.00
The correlation results are calculated based on daily price changes starting from Nov 10, 2017