For fun
Weekly
Asset Allocation
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
The earliest data available for this chart is May 28, 2015, corresponding to the inception date of LABU
Returns By Period
| Year-To-Date | 1 month | 6 months | 1 year | 5 years (annualized) | 10 years (annualized) | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | 25.45% | 2.91% | 14.05% | 35.64% | 14.13% | 11.39% |
| For fun | 104.60% | 6.24% | 52.42% | 116.58% | 51.14% | N/A |
| Portfolio components: | ||||||
LABU Direxion Daily S&P Biotech Bull 3x Shares | 8.42% | 3.95% | 19.09% | 137.49% | -29.28% | N/A |
LABD Direxion Daily S&P Biotech Bear 3x Shares | -41.45% | -5.82% | -30.21% | -76.84% | -55.16% | N/A |
SPXL Direxion Daily S&P 500 Bull 3X Shares | 75.08% | 7.80% | 38.33% | 118.94% | 25.06% | 24.91% |
SPXS Direxion Daily S&P 500 Bear 3X Shares | -46.10% | -7.73% | -30.61% | -56.90% | -45.57% | -40.00% |
TQQQ ProShares UltraPro QQQ | 63.76% | 10.57% | 36.36% | 106.42% | 34.34% | 35.69% |
SQQQ ProShares UltraPro Short QQQ | -50.78% | -11.13% | -36.93% | -61.24% | -58.47% | -52.50% |
SOXL Direxion Daily Semiconductor Bull 3x Shares | 1.41% | -18.10% | -26.37% | 59.41% | 15.97% | 33.85% |
SOXS Direxion Daily Semiconductor Bear 3x Shares | -61.92% | 13.03% | -30.17% | -77.12% | -75.24% | -65.96% |
TNA Direxion Daily Small Cap Bull 3X Shares | 35.98% | 20.60% | 35.13% | 120.88% | -2.56% | 3.90% |
TZA Direxion Daily Small Cap Bear 3X Shares | -44.71% | -20.70% | -38.22% | -68.25% | -47.71% | -40.71% |
USFR WisdomTree Bloomberg Floating Rate Treasury Fund | 4.69% | 0.41% | 2.44% | 5.26% | 2.41% | 2.37% |
ENIAX SEI Institutional Investments Trust Opportunistic Income Fund | 7.36% | 0.50% | 3.91% | 9.44% | 4.40% | 3.85% |
BIL SPDR Barclays 1-3 Month T-Bill ETF | 4.55% | 0.37% | 2.56% | 5.28% | 2.18% | 1.55% |
USD=X USD Cash | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VMFXX Vanguard Federal Money Market Fund | 4.46% | 0.41% | 2.64% | 5.39% | 2.27% | 1.57% |
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 8.15% | 6.27% | 5.94% | 5.93% | 8.97% | 5.83% | 8.72% | 9.12% | 7.49% | 6.53% | 104.60% | ||
| 2023 | 5.89% | 7.34% | 1.93% | 6.89% | 5.64% | 5.68% | 6.84% | 8.10% | 4.79% | 5.59% | 9.54% | 0.01% | 93.54% |
| 2022 | -0.70% | 1.16% | 8.14% | -5.25% | 7.00% | -3.83% | 1.84% | 10.10% | 4.51% | 6.13% | 4.97% | 11.72% | 54.48% |
| 2021 | 3.14% | 1.90% | 4.58% | 1.61% | 2.60% | -0.70% | 0.65% | 2.16% | 2.29% | -0.15% | -1.28% | 1.87% | 20.16% |
| 2020 | 3.57% | 2.15% | 8.10% | 10.08% | -2.23% | -1.82% | 2.45% | -2.86% | 8.32% | 3.27% | -5.60% | -7.66% | 17.25% |
| 2019 | 1.44% | -1.42% | 3.42% | 3.27% | 5.16% | 4.77% | 3.94% | 4.68% | 2.94% | 2.16% | -1.85% | -0.46% | 31.56% |
| 2018 | 2.18% | 5.26% | 4.63% | 4.00% | 1.75% | 3.10% | 3.14% | 1.56% | 2.47% | 0.32% | 7.25% | -8.16% | 30.23% |
| 2017 | 1.12% | -0.84% | 0.58% | 1.37% | 2.10% | 1.52% | 2.25% | 1.20% | 1.33% | 1.23% | 1.58% | 1.87% | 16.39% |
| 2016 | -5.57% | 0.00% | 8.07% | 3.88% | -1.84% | 4.95% | -3.87% | -0.17% | -0.05% | -0.11% | 4.09% | 1.23% | 10.27% |
| 2015 | 0.00% | 2.33% | 3.24% | 1.61% | -2.41% | -5.31% | -4.26% | 4.47% | -0.79% |
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.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of For fun is 100, placing it in the top 0% of portfolios on our website in terms of risk-adjusted performance. This ranking is based on the combined 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 | |
|---|---|---|---|---|---|
LABU Direxion Daily S&P Biotech Bull 3x Shares | 1.11 | 1.81 | 1.21 | 0.86 | 3.18 |
LABD Direxion Daily S&P Biotech Bear 3x Shares | -0.90 | -1.50 | 0.83 | -0.69 | -1.18 |
SPXL Direxion Daily S&P 500 Bull 3X Shares | 2.76 | 3.13 | 1.44 | 2.69 | 16.35 |
SPXS Direxion Daily S&P 500 Bear 3X Shares | -1.46 | -2.54 | 0.72 | -0.53 | -1.54 |
TQQQ ProShares UltraPro QQQ | 1.74 | 2.17 | 1.30 | 1.74 | 7.12 |
SQQQ ProShares UltraPro Short QQQ | -1.12 | -1.94 | 0.78 | -0.58 | -1.49 |
SOXL Direxion Daily Semiconductor Bull 3x Shares | 0.38 | 1.17 | 1.15 | 0.54 | 1.25 |
SOXS Direxion Daily Semiconductor Bear 3x Shares | -0.72 | -1.13 | 0.87 | -0.73 | -1.17 |
TNA Direxion Daily Small Cap Bull 3X Shares | 1.42 | 2.05 | 1.25 | 1.18 | 6.78 |
TZA Direxion Daily Small Cap Bear 3X Shares | -0.99 | -1.60 | 0.81 | -0.62 | -1.57 |
USFR WisdomTree Bloomberg Floating Rate Treasury Fund | 14.49 | 53.38 | 13.33 | 85.89 | 718.59 |
ENIAX SEI Institutional Investments Trust Opportunistic Income Fund | 9.16 | 28.80 | 12.12 | 71.18 | 411.57 |
BIL SPDR Barclays 1-3 Month T-Bill ETF | 19.33 | 262.61 | 152.62 | 464.00 | 4,273.18 |
USD=X USD Cash | — | — | — | — | — |
VMFXX Vanguard Federal Money Market Fund | 3.63 | — | — | — | — |
Dividends
Dividend yield
For fun provided a 73.18% dividend yield over the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 73.18% | 70.16% | 26.45% | 5.44% | 11.95% | 32.65% | 26.67% | 13.06% | 5.75% | 5.09% | 5.05% | 3.28% |
| Portfolio components: | ||||||||||||
LABU Direxion Daily S&P Biotech Bull 3x Shares | 0.39% | 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 | 5.42% | 6.14% | 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% | 0.33% | 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 | 7.40% | 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 | 1.16% | 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 | 10.00% | 8.01% | 0.06% | 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 | 0.97% | 0.51% | 1.08% | 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 | 7.55% | 9.21% | 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 | 0.81% | 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 | 6.83% | 5.49% | 0.00% | 0.00% | 1.21% | 1.57% | 0.63% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
USFR WisdomTree Bloomberg Floating Rate Treasury Fund | 5.30% | 5.12% | 1.78% | 0.01% | 0.40% | 2.08% | 1.67% | 1.04% | 0.29% | 0.00% | 0.00% | 0.00% |
ENIAX SEI Institutional Investments Trust Opportunistic Income Fund | 7.25% | 7.08% | 4.07% | 2.67% | 4.06% | 4.32% | 3.97% | 3.01% | 2.76% | 2.55% | 2.56% | 1.69% |
BIL SPDR Barclays 1-3 Month T-Bill ETF | 5.15% | 4.92% | 1.35% | 0.00% | 0.30% | 2.05% | 1.66% | 0.68% | 0.07% | 0.00% | 0.00% | 0.00% |
USD=X USD Cash | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VMFXX Vanguard Federal Money Market Fund | 5.24% | 4.97% | 1.54% | 0.01% | 0.45% | 2.12% | 1.61% | 0.50% | 0.00% | 0.00% | 0.00% | 0.01% |
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.
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 32.91%, occurring on Mar 23, 2020. Recovery took 5 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -32.91% | Mar 5, 2020 | 13 | Mar 23, 2020 | 5 | Mar 30, 2020 | 18 |
| -24.94% | Dec 4, 2018 | 15 | Dec 24, 2018 | 106 | May 21, 2019 | 121 |
| -23.12% | Sep 25, 2015 | 98 | Feb 8, 2016 | 319 | Apr 28, 2017 | 417 |
| -19.46% | Jun 8, 2022 | 7 | Jun 16, 2022 | 51 | Aug 26, 2022 | 58 |
| -16.59% | May 5, 2022 | 5 | May 11, 2022 | 12 | May 27, 2022 | 17 |
Volatility
Volatility Chart
The current For fun volatility is 3.04%, 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
| USD=X | VMFXX | BIL | USFR | ENIAX | LABU | LABD | SOXS | SOXL | TZA | TNA | SQQQ | TQQQ | SPXS | SPXL | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| USD=X | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| VMFXX | 0.00 | 1.00 | 0.04 | 0.05 | 0.02 | 0.00 | 0.00 | 0.01 | -0.01 | 0.04 | -0.03 | 0.00 | -0.00 | 0.02 | -0.02 |
| BIL | 0.00 | 0.04 | 1.00 | 0.18 | 0.05 | -0.03 | 0.03 | -0.02 | 0.02 | 0.01 | -0.00 | -0.00 | 0.01 | -0.02 | 0.02 |
| USFR | 0.00 | 0.05 | 0.18 | 1.00 | 0.04 | 0.02 | -0.02 | -0.01 | 0.02 | -0.01 | 0.02 | -0.02 | 0.02 | -0.01 | 0.02 |
| ENIAX | 0.00 | 0.02 | 0.05 | 0.04 | 1.00 | 0.07 | -0.07 | -0.13 | 0.14 | -0.16 | 0.16 | -0.15 | 0.15 | -0.19 | 0.18 |
| LABU | 0.00 | 0.00 | -0.03 | 0.02 | 0.07 | 1.00 | -1.00 | -0.46 | 0.52 | -0.70 | 0.70 | -0.58 | 0.58 | -0.57 | 0.57 |
| LABD | 0.00 | 0.00 | 0.03 | -0.02 | -0.07 | -1.00 | 1.00 | 0.46 | -0.52 | 0.70 | -0.70 | 0.58 | -0.58 | 0.57 | -0.57 |
| SOXS | 0.00 | 0.01 | -0.02 | -0.01 | -0.13 | -0.46 | 0.46 | 1.00 | -0.94 | 0.61 | -0.61 | 0.78 | -0.78 | 0.70 | -0.71 |
| SOXL | 0.00 | -0.01 | 0.02 | 0.02 | 0.14 | 0.52 | -0.52 | -0.94 | 1.00 | -0.67 | 0.67 | -0.83 | 0.83 | -0.77 | 0.77 |
| TZA | 0.00 | 0.04 | 0.01 | -0.01 | -0.16 | -0.70 | 0.70 | 0.61 | -0.67 | 1.00 | -1.00 | 0.69 | -0.69 | 0.81 | -0.81 |
| TNA | 0.00 | -0.03 | -0.00 | 0.02 | 0.16 | 0.70 | -0.70 | -0.61 | 0.67 | -1.00 | 1.00 | -0.69 | 0.69 | -0.81 | 0.82 |
| SQQQ | 0.00 | 0.00 | -0.00 | -0.02 | -0.15 | -0.58 | 0.58 | 0.78 | -0.83 | 0.69 | -0.69 | 1.00 | -1.00 | 0.90 | -0.90 |
| TQQQ | 0.00 | -0.00 | 0.01 | 0.02 | 0.15 | 0.58 | -0.58 | -0.78 | 0.83 | -0.69 | 0.69 | -1.00 | 1.00 | -0.90 | 0.90 |
| SPXS | 0.00 | 0.02 | -0.02 | -0.01 | -0.19 | -0.57 | 0.57 | 0.70 | -0.77 | 0.81 | -0.81 | 0.90 | -0.90 | 1.00 | -1.00 |
| SPXL | 0.00 | -0.02 | 0.02 | 0.02 | 0.18 | 0.57 | -0.57 | -0.71 | 0.77 | -0.81 | 0.82 | -0.90 | 0.90 | -1.00 | 1.00 |