7 19 2025

Asset Allocation

Position	Category/Sector	Target Weight
ASTS AST SpaceMobile, Inc.	Communication Services	9.09%
JOBY Joby Aviation, Inc.	Industrials	9.09%
KTOS Kratos Defense & Security Solutions, Inc.	Industrials	9.09%
LEU Centrus Energy Corp.	Energy	9.09%
OKLO Oklo Inc.	Utilities	9.09%
PLTR Palantir Technologies Inc.	Technology	9.09%
QS QuantumScape Corporation	Consumer Cyclical	9.09%
RKLB Rocket Lab USA, Inc.	Industrials	9.09%
SEZL Sezzle Inc. Common Stock	Financial Services	9.09%
SMR Nuscale Power Corp	Industrials	9.09%
VRNA Verona Pharma plc	Healthcare	9.09%

Benchmark Against

Benchmark

S&P 500 Index

Rebalance

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in 7 19 2025, 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 Aug 17, 2023, corresponding to the inception date of SEZL

Returns By Period

	1D	1M	YTD	6M	1Y	3Y*	5Y*	10Y*
Benchmark S&P 500 Index	0.72%	-3.54%	-3.95%	-2.09%	15.95%	16.96%	10.34%	12.24%
Portfolio 7 19 2025	-0.49%	-11.67%	-16.70%	-31.04%	137.64%	—	—	—
Portfolio components:
PLTR Palantir Technologies Inc.	0.14%	0.91%	-17.59%	-20.79%	72.99%	158.81%	44.73%	—
LEU Centrus Energy Corp.	5.51%	-11.94%	-24.55%	-44.68%	182.18%	78.51%	50.11%	45.09%
JOBY Joby Aviation, Inc.	0.12%	-19.47%	-37.35%	-49.01%	39.46%	23.98%	—	—
QS QuantumScape Corporation	-2.66%	-9.87%	-40.40%	-57.44%	52.21%	-8.78%	-33.92%	—
ASTS AST SpaceMobile, Inc.	1.35%	-3.37%	15.64%	47.51%	284.39%	154.75%	49.12%	—
SMR Nuscale Power Corp	-5.35%	-21.38%	-27.59%	-71.97%	-29.92%	4.12%	0.39%	—
VRNA Verona Pharma plc	—	—	—	—	—	—	—	—
RKLB Rocket Lab USA, Inc.	2.02%	-7.68%	-6.08%	36.59%	260.99%	153.12%	—	—
KTOS Kratos Defense & Security Solutions, Inc.	-3.99%	-25.37%	-10.82%	-27.17%	131.06%	71.25%	19.07%	29.66%
OKLO Oklo Inc.	-3.07%	-25.68%	-33.01%	-58.54%	113.36%	67.93%	—	—

*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Aug 18, 2023, 7 19 2025's average daily return is +0.42%, while the average monthly return is +8.69%. At this rate, your investment would double in approximately 0.7 years.

Historically, 64% of months were positive and 36% were negative. The best month was May 2025 with a return of +45.9%, while the worst month was Nov 2025 at -25.9%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 3 months.

On a daily basis, 7 19 2025 closed higher 56% of trading days. The best single day was Apr 9, 2025 with a return of +16.8%, while the worst single day was Jan 27, 2025 at -10.6%.

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Total
2026	8.98%	-15.12%	-9.51%	-0.49%									-16.70%
2025	18.95%	-4.33%	-16.26%	16.25%	45.89%	36.18%	22.79%	-8.10%	22.37%	18.69%	-25.86%	4.29%	178.89%
2024	-3.39%	7.34%	24.00%	-6.23%	29.37%	12.06%	18.77%	8.20%	13.83%	32.30%	38.95%	-12.82%	309.85%
2023								4.75%	-13.17%	-12.15%	11.15%	19.11%	5.79%

Benchmark Metrics

7 19 2025 has an annualized alpha of 99.21%, beta of 2.12, and R² of 0.33 versus S&P 500 Index. Calculated based on daily prices since August 18, 2023.

This portfolio captured 771.35% of S&P 500 Index gains and 150.42% of its losses — amplifying both gains and losses, but participating more in upside than downside.
R² of 0.33 means the benchmark explains less than half of this portfolio's behavior — treat beta with caution or consider switching to a more representative benchmark.

Alpha: 99.21%

Beta: 2.12

R²: 0.33

Upside Capture: 771.35%

Downside Capture: 150.42%

Expense Ratio

7 19 2025 has an expense ratio of 0.00%, meaning no management fees are charged. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.

The portfolio doesn't include any funds that charge management fees.

Return for Risk

Risk / Return Rank

7 19 2025 ranks 77 for risk / return — better than 77% of portfolios on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

Overall Rank

Sharpe Ratio Rank

Sortino Ratio Rank

Omega Ratio Rank

Calmar Ratio Rank

Martin Ratio Rank

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

	Portfolio	Benchmark	Difference
Sharpe ratio Return per unit of total volatility	2.35	0.92	+1.43
Sortino ratio Return per unit of downside risk	2.74	1.41	+1.33
Omega ratio Gain probability vs. loss probability	1.32	1.21	+0.11
Calmar ratio Return relative to maximum drawdown	3.23	1.41	+1.82
Martin ratio Return relative to average drawdown	7.42	6.61	+0.80
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

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
PLTR Palantir Technologies Inc.	76	1.27	1.84	1.24	1.95	4.72
LEU Centrus Energy Corp.	85	1.96	2.48	1.30	3.17	6.63
JOBY Joby Aviation, Inc.	58	0.48	1.37	1.15	0.61	1.30
QS QuantumScape Corporation	61	0.51	1.59	1.19	0.73	1.41
ASTS AST SpaceMobile, Inc.	92	2.87	3.00	1.36	5.73	13.19
SMR Nuscale Power Corp	32	-0.29	0.27	1.03	-0.34	-0.60
VRNA Verona Pharma plc	—	—	—	—	—	—
RKLB Rocket Lab USA, Inc.	93	3.04	3.05	1.38	6.20	15.58
KTOS Kratos Defense & Security Solutions, Inc.	84	1.95	2.42	1.30	2.56	6.85
OKLO Oklo Inc.	73	1.06	2.09	1.23	1.66	3.38

Sharpe Ratio

The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

7 19 2025 Sharpe ratios as of Apr 2, 2026 (values are recalculated daily):

1-Year: 2.35
All Time: 2.51

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

Compared to the broad market, where average Sharpe ratios range from 1.00 to 1.70, this portfolio's current Sharpe ratio is in the top 25%. This signifies superior risk-adjusted performance, meaning the portfolio is delivering strong returns for the level of risk taken compared to most others.

The chart below shows the rolling Sharpe ratio of 7 19 2025 compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.

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Dividends

Dividend yield

7 19 2025 doesn't pay dividends

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 7 19 2025. 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 7 19 2025 was 44.48%, occurring on Mar 30, 2026. The portfolio has not yet recovered.

The current 7 19 2025 drawdown is 41.16%.

Depth	Start	To Bottom	Bottom	To Recover	End	Total
-44.48%	Oct 16, 2025	113	Mar 30, 2026	—	—	—
-39.73%	Feb 11, 2025	38	Apr 4, 2025	29	May 16, 2025	67
-26.61%	Sep 6, 2023	38	Oct 27, 2023	39	Dec 22, 2023	77
-20.2%	Jul 21, 2025	22	Aug 19, 2025	22	Sep 19, 2025	44
-17.56%	Dec 2, 2024	13	Dec 18, 2024	11	Jan 6, 2025	24

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 11 assets, with an effective number of assets of 11.00, reflecting the diversification based on asset allocation. This number of effective assets suggests that the portfolio's investments are spread across a variety of assets, indicating a well-diversified allocation. However, true diversification also depends on the correlations between assets.

Asset Correlations Table

The table below displays the correlation coefficients between the individual components of the portfolio, the entire portfolio, and the chosen benchmark.

	Benchmark	VRNA	SEZL	KTOS	LEU	ASTS	OKLO	PLTR	QS	SMR	JOBY	RKLB	Portfolio
Benchmark	1.00	0.26	0.40	0.41	0.35	0.36	0.36	0.58	0.44	0.40	0.49	0.46	0.56
VRNA	0.26	1.00	0.17	0.17	0.13	0.18	0.10	0.21	0.17	0.20	0.22	0.20	0.28
SEZL	0.40	0.17	1.00	0.22	0.32	0.27	0.34	0.33	0.29	0.37	0.34	0.35	0.57
KTOS	0.41	0.17	0.22	1.00	0.39	0.35	0.32	0.36	0.33	0.34	0.41	0.50	0.52
LEU	0.35	0.13	0.32	0.39	1.00	0.35	0.51	0.32	0.38	0.52	0.40	0.44	0.62
ASTS	0.36	0.18	0.27	0.35	0.35	1.00	0.38	0.37	0.45	0.43	0.49	0.53	0.68
OKLO	0.36	0.10	0.34	0.32	0.51	0.38	1.00	0.35	0.39	0.57	0.42	0.47	0.67
PLTR	0.58	0.21	0.33	0.36	0.32	0.37	0.35	1.00	0.43	0.36	0.48	0.52	0.59
QS	0.44	0.17	0.29	0.33	0.38	0.45	0.39	0.43	1.00	0.48	0.63	0.52	0.64
SMR	0.40	0.20	0.37	0.34	0.52	0.43	0.57	0.36	0.48	1.00	0.47	0.51	0.74
JOBY	0.49	0.22	0.34	0.41	0.40	0.49	0.42	0.48	0.63	0.47	1.00	0.60	0.70
RKLB	0.46	0.20	0.35	0.50	0.44	0.53	0.47	0.52	0.52	0.51	0.60	1.00	0.73
Portfolio	0.56	0.28	0.57	0.52	0.62	0.68	0.67	0.59	0.64	0.74	0.70	0.73	1.00

The correlation results are calculated based on daily price changes starting from Aug 18, 2023

7 19 2025

Asset Allocation

Performance

Performance Chart

Returns By Period

Monthly Returns

Benchmark Metrics

Expense Ratio

Return for Risk

Risk / Return Rank

Return / Risk — by metrics

Sharpe ratio

Sortino ratio

Omega ratio

Calmar ratio

Martin ratio

Sharpe Ratio

Dividends

Dividend yield

Drawdowns

Drawdowns Chart

Worst Drawdowns

Volatility

Volatility Chart

Diversification

Diversification Metrics

Number of Effective Assets

Asset Correlations Table