2xBTC
Asset Allocation
| Position | Category/Sector | Weight |
|---|---|---|
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
The earliest data available for this chart is Jul 17, 2010, corresponding to the inception date of BTC-USD
Returns By Period
| YTD | 1M | 6M | 1Y | 5Y (annualized) | 10Y (annualized) | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | 23.56% | 0.49% | 11.03% | 30.56% | 13.70% | 11.10% |
| 2xBTC | 235.79% | 59.35% | 46.33% | 302.39% | N/A | N/A |
| Portfolio components: | ||||||
BTC-USD Bitcoin | 114.23% | 31.22% | 29.09% | 141.60% | 64.00% | 74.17% |
BIL SPDR Barclays 1-3 Month T-Bill ETF | 4.61% | 0.36% | 2.53% | 5.25% | 2.26% | 1.56% |
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.07% | 86.49% | 26.80% | -29.71% | 26.09% | -16.19% | 5.60% | -17.01% | 14.48% | 22.14% | 235.79% | ||
| 2023 | 79.65% | -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% |
| 2021 | 28.21% | 64.33% | 44.88% | -3.97% | -72.15% | -22.27% | 38.51% | 23.39% | -10.51% | 76.19% | -10.63% | -29.82% | 7.27% |
| 2020 | 60.68% | -13.25% | -43.88% | 68.89% | 14.75% | -5.43% | 48.10% | 5.31% | -12.76% | 55.87% | 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% |
| 2017 | 1.34% | 42.76% | -15.06% | 49.35% | 112.47% | 8.96% | 32.54% | 113.81% | -8.67% | 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% |
| 2014 | 20.19% | -62.11% | -52.60% | -4.12% | 80.93% | 6.34% | -15.80% | -38.08% | -55.37% | -24.39% | 26.38% | -31.40% | -93.93% |
| 2013 | 92.57% | 86.14% | 259.20% | 99.74% | -10.68% | -38.57% | 19.29% | 49.94% | -4.19% | 110.39% | 683.77% | -35.54% | 25,610.80% |
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.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of 2xBTC is 7, indicating that it is in the bottom 7% 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 | |
|---|---|---|---|---|---|
BTC-USD Bitcoin | 0.72 | 1.39 | 1.13 | 0.53 | 2.96 |
BIL SPDR Barclays 1-3 Month T-Bill ETF | 16.70 | 224.03 | 108.48 | 73.35 | 4,390.29 |
Dividends
Dividend yield
2xBTC provided a -5.15% dividend yield over the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Portfolio | -5.15% | -4.92% | -1.35% | 0.00% | -0.30% | -2.05% | -1.66% | -0.68% | -0.07% |
| Portfolio components: | |||||||||
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 | 5.15% | 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.
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 977,737.46%, occurring on Jan 6, 2018. Recovery took 342 trading sessions.
The current 2xBTC drawdown is 0.91%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -977737.46% | Jun 10, 2011 | 2403 | Jan 6, 2018 | 342 | Dec 14, 2018 | 2745 |
| -30968.44% | Dec 16, 2018 | 850 | Apr 13, 2021 | 426 | Jun 13, 2022 | 1276 |
| -59.79% | Aug 14, 2022 | 100 | Nov 21, 2022 | 116 | Mar 17, 2023 | 216 |
| -57.83% | Jul 20, 2010 | 4 | Jul 23, 2010 | 78 | Oct 9, 2010 | 82 |
| -55.7% | Nov 8, 2010 | 29 | Dec 6, 2010 | 40 | Jan 15, 2011 | 69 |
Volatility
Volatility Chart
The current 2xBTC volatility is 29.51%, 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
| BIL | BTC-USD | |
|---|---|---|
| BIL | 1.00 | -0.00 |
| BTC-USD | -0.00 | 1.00 |