Asset Allocation
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Draft 1 , 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 Every 3 months.
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The earliest data available for this chart is Apr 15, 2025, corresponding to the inception date of HFGM
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 Draft 1 | -0.06% | -0.61% | 3.97% | 7.68% | — | — | — | — |
| Portfolio components: | ||||||||
XLK State Street Technology Select Sector SPDR ETF | 0.80% | -0.98% | -5.43% | -4.69% | 30.55% | 22.58% | 15.84% | 21.15% |
HFGM Unlimited HFGM Global Macro ETF | -0.83% | -1.94% | 11.82% | 12.22% | — | — | — | — |
ALLW SPDR Bridgewater All Weather ETF | 0.45% | -1.52% | 5.86% | 8.48% | 19.79% | — | — | — |
ALAFX Alger Focus Equity A Fund | 1.04% | -1.41% | -8.45% | -10.23% | 40.29% | 34.59% | 15.51% | 18.94% |
QAMNX Federated Hermes MDT Market Neutral A | 0.70% | 0.65% | 2.07% | 7.31% | 8.52% | 10.62% | — | — |
CLSE Convergence Long/Short Equity ETF | 0.21% | 2.94% | 5.01% | 11.24% | 32.68% | 24.87% | — | — |
ORR Militia Long/Short Equity ETF | -1.14% | -2.17% | 6.88% | 18.17% | 31.52% | — | — | — |
GLDM SPDR Gold MiniShares Trust | -1.93% | -8.33% | 8.33% | 21.17% | 49.47% | 32.89% | 21.86% | — |
CMDY iShares Bloomberg Roll Select Commodity Strategy ETF | 2.30% | 9.23% | 24.02% | 29.71% | 31.11% | 12.97% | 13.19% | — |
IEMG iShares Core MSCI Emerging Markets ETF | -1.02% | -3.09% | 3.48% | 6.02% | 32.00% | 15.85% | 4.31% | 8.31% |
Monthly Returns
Based on dividend-adjusted daily data since Apr 16, 2025, Draft 1 's average daily return is +0.13%, while the average monthly return is +2.47%. At this rate, your investment would double in approximately 2.4 years.
Historically, 92% of months were positive and 8% were negative. The best month was Sep 2025 with a return of +6.2%, while the worst month was Mar 2026 at -3.8%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 1 months.
On a daily basis, Draft 1 closed higher 62% of trading days. The best single day was Mar 31, 2026 with a return of +2.7%, while the worst single day was Jan 30, 2026 at -2.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 4.82% | 2.09% | -3.80% | 0.99% | 3.97% | ||||||||
| 2025 | 2.79% | 5.27% | 5.20% | 2.15% | 2.47% | 6.17% | 3.11% | 0.14% | 0.72% | 31.58% |
Benchmark Metrics
Draft 1 has an annualized alpha of 19.36%, beta of 0.73, and R² of 0.62 versus S&P 500 Index. Calculated based on daily prices since April 16, 2025.
- This portfolio captured 129.78% of S&P 500 Index gains but only 19.43% of its losses — a favorable profile for investors.
- This portfolio generated an annualized alpha of 19.36% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
- Alpha
- 19.36%
- Beta
- 0.73
- R²
- 0.62
- Upside Capture
- 129.78%
- Downside Capture
- 19.43%
Expense Ratio
Draft 1 has a high expense ratio of 1.89%, indicating above-average management fees. 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 | |
|---|---|---|---|---|---|---|
XLK State Street Technology Select Sector SPDR ETF | 61 | 1.13 | 1.71 | 1.24 | 1.98 | 6.27 |
HFGM Unlimited HFGM Global Macro ETF | — | — | — | — | — | — |
ALLW SPDR Bridgewater All Weather ETF | 77 | 1.52 | 2.05 | 1.31 | 2.32 | 9.96 |
ALAFX Alger Focus Equity A Fund | 77 | 1.54 | 2.17 | 1.29 | 2.51 | 8.39 |
QAMNX Federated Hermes MDT Market Neutral A | 67 | 1.34 | 2.07 | 1.29 | 2.06 | 5.97 |
CLSE Convergence Long/Short Equity ETF | 93 | 2.26 | 2.93 | 1.41 | 4.21 | 19.90 |
ORR Militia Long/Short Equity ETF | 90 | 2.04 | 2.83 | 1.39 | 3.65 | 12.50 |
GLDM SPDR Gold MiniShares Trust | 81 | 1.80 | 2.23 | 1.33 | 2.59 | 9.40 |
CMDY iShares Bloomberg Roll Select Commodity Strategy ETF | 86 | 1.89 | 2.47 | 1.35 | 3.30 | 10.33 |
IEMG iShares Core MSCI Emerging Markets ETF | 79 | 1.62 | 2.21 | 1.32 | 2.43 | 9.12 |
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Dividends
Dividend yield
Draft 1 provided a 4.00% dividend yield over the last twelve months.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 4.00% | 4.25% | 0.99% | 1.45% | 1.85% | 5.71% | 1.26% | 0.94% | 1.44% | 0.41% | 0.46% | 0.49% |
| Portfolio components: | ||||||||||||
XLK State Street Technology Select Sector SPDR ETF | 0.56% | 0.54% | 0.66% | 0.76% | 1.04% | 0.65% | 0.92% | 1.16% | 1.60% | 1.37% | 1.74% | 1.79% |
HFGM Unlimited HFGM Global Macro ETF | 10.05% | 11.23% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ALLW SPDR Bridgewater All Weather ETF | 4.42% | 4.67% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ALAFX Alger Focus Equity A Fund | 8.64% | 7.91% | 0.00% | 0.10% | 0.06% | 14.09% | 6.28% | 1.98% | 5.41% | 0.00% | 0.00% | 0.00% |
QAMNX Federated Hermes MDT Market Neutral A | 1.50% | 1.53% | 1.85% | 5.89% | 11.74% | 20.80% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
CLSE Convergence Long/Short Equity ETF | 0.91% | 0.95% | 0.93% | 1.21% | 0.85% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ORR Militia Long/Short Equity ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GLDM SPDR Gold MiniShares Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
CMDY iShares Bloomberg Roll Select Commodity Strategy ETF | 10.40% | 12.89% | 4.23% | 5.10% | 3.98% | 16.09% | 0.15% | 2.21% | 1.73% | 0.00% | 0.00% | 0.00% |
IEMG iShares Core MSCI Emerging Markets ETF | 2.66% | 2.75% | 3.20% | 2.89% | 2.71% | 3.06% | 1.87% | 3.15% | 2.76% | 2.35% | 2.28% | 2.53% |
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 Draft 1 . 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 Draft 1 was 7.21%, occurring on Mar 30, 2026. The portfolio has not yet recovered.
The current Draft 1 drawdown is 3.90%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -7.21% | Jan 29, 2026 | 42 | Mar 30, 2026 | — | — | — |
| -4.01% | Nov 13, 2025 | 6 | Nov 20, 2025 | 10 | Dec 5, 2025 | 16 |
| -2.87% | Oct 9, 2025 | 2 | Oct 10, 2025 | 6 | Oct 20, 2025 | 8 |
| -2.58% | Dec 12, 2025 | 4 | Dec 17, 2025 | 3 | Dec 22, 2025 | 7 |
| -1.99% | Nov 4, 2025 | 3 | Nov 6, 2025 | 2 | Nov 10, 2025 | 5 |
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 10 assets, with an effective number of assets of 9.41, reflecting the diversification based on asset allocation. This number of effective assets indicates a moderate level of diversification, where some assets may have a more significant influence on overall performance.
Asset Correlations Table
| Benchmark | QAMNX | CMDY | GLDM | ORR | ALLW | CLSE | ALAFX | XLK | IEMG | HFGM | Portfolio | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Benchmark | 1.00 | -0.03 | -0.05 | 0.00 | 0.32 | 0.47 | 0.68 | 0.82 | 0.88 | 0.67 | 0.62 | 0.81 |
| QAMNX | -0.03 | 1.00 | -0.02 | 0.05 | 0.04 | -0.02 | 0.02 | -0.04 | -0.08 | -0.05 | -0.04 | -0.01 |
| CMDY | -0.05 | -0.02 | 1.00 | 0.53 | 0.04 | 0.34 | 0.01 | -0.04 | -0.01 | 0.15 | 0.35 | 0.28 |
| GLDM | 0.00 | 0.05 | 0.53 | 1.00 | 0.14 | 0.56 | 0.06 | -0.04 | -0.01 | 0.27 | 0.48 | 0.38 |
| ORR | 0.32 | 0.04 | 0.04 | 0.14 | 1.00 | 0.27 | 0.33 | 0.26 | 0.23 | 0.34 | 0.35 | 0.42 |
| ALLW | 0.47 | -0.02 | 0.34 | 0.56 | 0.27 | 1.00 | 0.34 | 0.32 | 0.34 | 0.56 | 0.65 | 0.63 |
| CLSE | 0.68 | 0.02 | 0.01 | 0.06 | 0.33 | 0.34 | 1.00 | 0.70 | 0.67 | 0.55 | 0.49 | 0.72 |
| ALAFX | 0.82 | -0.04 | -0.04 | -0.04 | 0.26 | 0.32 | 0.70 | 1.00 | 0.88 | 0.62 | 0.52 | 0.82 |
| XLK | 0.88 | -0.08 | -0.01 | -0.01 | 0.23 | 0.34 | 0.67 | 0.88 | 1.00 | 0.67 | 0.55 | 0.81 |
| IEMG | 0.67 | -0.05 | 0.15 | 0.27 | 0.34 | 0.56 | 0.55 | 0.62 | 0.67 | 1.00 | 0.66 | 0.81 |
| HFGM | 0.62 | -0.04 | 0.35 | 0.48 | 0.35 | 0.65 | 0.49 | 0.52 | 0.55 | 0.66 | 1.00 | 0.82 |
| Portfolio | 0.81 | -0.01 | 0.28 | 0.38 | 0.42 | 0.63 | 0.72 | 0.82 | 0.81 | 0.81 | 0.82 | 1.00 |