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2xBTC
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Diversification

Asset Allocation


BTC-USD 200%BondBondCryptocurrencyCryptocurrency
PositionCategory/SectorWeight
BIL
SPDR Barclays 1-3 Month T-Bill ETF
Government Bonds
-100%
BTC-USD
Bitcoin
200%

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in 2xBTC, 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


0.00%50.00%100.00%150.00%JulyAugustSeptemberOctoberNovemberDecember
106.60%
9.23%
2xBTC
Benchmark (^GSPC)
Portfolio components

The earliest data available for this chart is Jul 17, 2010, corresponding to the inception date of BTC-USD

Returns By Period


YTD1M6M1Y5Y*10Y*
^GSPC
S&P 500
25.25%0.08%9.66%25.65%13.17%11.11%
2xBTC259.12%-5.30%106.60%243.30%N/AN/A
BTC-USD
Bitcoin
124.03%-3.40%53.20%117.10%67.28%76.91%
BIL
SPDR Barclays 1-3 Month T-Bill ETF
5.08%0.36%2.49%5.17%2.32%1.60%
*Annualized

Monthly Returns

The table below presents the monthly returns of 2xBTC, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20241.07%86.49%26.80%-29.71%26.09%-16.19%5.60%-17.01%14.48%22.14%70.07%259.12%
202379.65%-0.14%37.04%5.11%-13.82%24.38%-8.56%-24.20%9.15%56.56%14.10%18.78%344.55%
2022-34.44%31.66%11.93%-35.54%-41.80%-140.44%36.46%-24.90%-6.36%10.87%-31.40%-8.81%-109.75%
202128.21%64.33%44.88%-3.97%-72.15%-22.27%38.51%23.39%-10.51%76.19%-10.63%-29.82%7.27%
202060.68%-13.25%-43.88%68.89%14.75%-5.43%48.10%5.31%-12.76%55.86%69.93%66.70%761.35%
2019-15.93%25.86%12.91%60.49%97.75%22.90%-15.35%-11.36%-39.61%21.20%-31.79%-10.53%56.20%
2018-51.35%4.59%-89.73%64.15%-30.24%-27.63%41.64%-16.02%-10.59%-9.43%-76.60%-27.25%-99.29%
20171.33%42.76%-15.06%49.35%112.47%8.96%32.54%113.81%-8.66%94.29%85.83%58.13%6,178.34%
2016-28.46%44.34%-9.37%15.05%34.49%47.47%-13.81%-16.16%13.30%29.71%11.27%49.43%277.13%
2015-62.32%59.26%-9.27%-6.69%-5.28%31.11%16.04%-34.97%6.02%66.36%32.23%21.26%34.65%
201420.19%-62.11%-52.60%-4.12%80.93%6.34%-15.80%-38.08%-55.37%-24.39%26.38%-31.40%-93.93%
201392.57%86.14%259.20%99.74%-10.68%-38.57%19.29%49.94%-4.19%110.39%683.77%-35.54%25,610.79%

Expense Ratio

2xBTC has an expense ratio of -0.14%, 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.


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 rank of 2xBTC is 37, indicating average performance compared to other portfolios on our website. Here’s a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of 2xBTC is 3737
Overall Rank
The Sharpe Ratio Rank of 2xBTC is 4141
Sharpe Ratio Rank
The Sortino Ratio Rank of 2xBTC is 5252
Sortino Ratio Rank
The Omega Ratio Rank of 2xBTC is 2727
Omega Ratio Rank
The Calmar Ratio Rank of 2xBTC is 3232
Calmar Ratio Rank
The Martin Ratio Rank of 2xBTC is 3030
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.


Sharpe ratio
The chart of Sharpe ratio for 2xBTC, currently valued at 1.55, compared to the broader market-6.00-4.00-2.000.002.004.001.552.07
The chart of Sortino ratio for 2xBTC, currently valued at 2.37, compared to the broader market-6.00-4.00-2.000.002.004.006.002.372.76
The chart of Omega ratio for 2xBTC, currently valued at 1.23, compared to the broader market0.400.600.801.001.201.401.601.801.231.39
The chart of Calmar ratio for 2xBTC, currently valued at 1.87, compared to the broader market0.002.004.006.008.0010.0012.001.873.05
The chart of Martin ratio for 2xBTC, currently valued at 7.22, compared to the broader market0.0010.0020.0030.0040.0050.007.2213.27
2xBTC
^GSPC

Portfolio components
Sharpe ratioSortino ratioOmega ratioCalmar ratioMartin ratio
BTC-USD
Bitcoin
1.562.301.231.377.28
BIL
SPDR Barclays 1-3 Month T-Bill ETF
16.70219.68106.3971.544,303.05

The current 2xBTC Sharpe ratio is 1.55. 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 1.33 to 2.19, this portfolio's current Sharpe ratio lies between the 25th and 75th percentiles. This indicates that the its risk-adjusted performance is in line with the majority of portfolios. This suggests a balanced approach to risk and return, which might be suitable for a broad range of investors.

Use the chart below to compare the Sharpe ratio of 2xBTC 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 Ratio0.001.002.003.004.005.00JulyAugustSeptemberOctoberNovemberDecember
1.55
2.07
2xBTC
Benchmark (^GSPC)
Portfolio components

Dividends

Dividend yield

2xBTC provided a -5.03% dividend yield over the last twelve months.


TTM20232022202120202019201820172016
Portfolio-5.03%-4.92%-1.35%0.00%-0.30%-2.05%-1.66%-0.68%-0.07%
BTC-USD
Bitcoin
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
BIL
SPDR Barclays 1-3 Month T-Bill ETF
5.03%4.92%1.35%0.00%0.30%2.05%1.66%0.68%0.07%

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.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-15.72%
-1.91%
2xBTC
Benchmark (^GSPC)
Portfolio components

Worst Drawdowns

The table below displays the maximum drawdowns of the 2xBTC. 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 2xBTC was 977,729.86%, occurring on Jan 6, 2018. Recovery took 342 trading sessions.

The current 2xBTC drawdown is 15.72%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-977729.86%Jun 10, 20112403Jan 6, 2018342Dec 14, 20182745
-30969.06%Dec 16, 2018850Apr 13, 2021426Jun 13, 20221276
-59.79%Aug 14, 2022100Nov 21, 2022116Mar 17, 2023216
-57.83%Jul 20, 20104Jul 23, 201078Oct 9, 201082
-55.7%Nov 8, 201029Dec 6, 201040Jan 15, 201169

Volatility

Volatility Chart

The current 2xBTC volatility is 20.34%, 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.


0.00%10.00%20.00%30.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
20.34%
3.82%
2xBTC
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.

BILBTC-USD
BIL1.000.00
BTC-USD0.001.00
The correlation results are calculated based on daily price changes starting from Jul 18, 2010
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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