qqq_xlk_fbtc
Asset Allocation
Position | Category/Sector | Weight |
---|---|---|
Fidelity Wise Origin Bitcoin Trust | Blockchain | 10% |
Invesco QQQ | Large Cap Blend Equities | 33% |
Technology Select Sector SPDR Fund | Technology Equities | 57% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in qqq_xlk_fbtc, 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 Jan 11, 2024, corresponding to the inception date of FBTC
Returns By Period
Year-To-Date | 1 month | 6 months | 1 year | 5 years (annualized) | 10 years (annualized) | |
---|---|---|---|---|---|---|
S&P 500 | 19.79% | 2.08% | 9.01% | 29.79% | 13.85% | 11.12% |
qqq_xlk_fbtc | N/A | 0.66% | 6.67% | N/A | N/A | N/A |
Portfolio components: | ||||||
Fidelity Wise Origin Bitcoin Trust | N/A | 6.24% | -3.01% | N/A | N/A | N/A |
Invesco QQQ | 18.37% | 0.65% | 8.58% | 33.32% | 21.29% | 18.15% |
Technology Select Sector SPDR Fund | 16.57% | -0.29% | 6.75% | 34.98% | 23.92% | 20.31% |
Monthly Returns
The table below presents the monthly returns of qqq_xlk_fbtc, 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 | 1.53% | 8.59% | 2.46% | -6.44% | 7.44% | 5.48% | -1.57% | -0.35% | 19.97% |
Expense Ratio
qqq_xlk_fbtc has an expense ratio of 0.17%, 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 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 | |
---|---|---|---|---|---|
Fidelity Wise Origin Bitcoin Trust | — | — | — | — | — |
Invesco QQQ | 1.76 | 2.35 | 1.31 | 2.27 | 8.35 |
Technology Select Sector SPDR Fund | 1.52 | 2.05 | 1.27 | 1.94 | 6.96 |
Dividends
Dividend yield
qqq_xlk_fbtc granted a 0.46% dividend yield in the last twelve months.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
qqq_xlk_fbtc | 0.46% | 0.64% | 0.86% | 0.51% | 0.71% | 0.90% | 1.21% | 1.06% | 1.34% | 1.34% | 1.46% | 1.30% |
Portfolio components: | ||||||||||||
Fidelity Wise Origin Bitcoin 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% |
Invesco QQQ | 0.49% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.01% |
Technology Select Sector SPDR Fund | 0.52% | 0.76% | 1.04% | 0.65% | 0.92% | 1.16% | 1.60% | 1.37% | 1.74% | 1.79% | 1.75% | 1.70% |
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 qqq_xlk_fbtc. 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 qqq_xlk_fbtc was 14.73%, occurring on Aug 5, 2024. The portfolio has not yet recovered.
The current qqq_xlk_fbtc drawdown is 3.78%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-14.73% | Jul 11, 2024 | 18 | Aug 5, 2024 | — | — | — |
-8.24% | Mar 13, 2024 | 35 | May 1, 2024 | 10 | May 15, 2024 | 45 |
-3.79% | Jun 18, 2024 | 4 | Jun 24, 2024 | 9 | Jul 8, 2024 | 13 |
-3.03% | Mar 5, 2024 | 1 | Mar 5, 2024 | 2 | Mar 7, 2024 | 3 |
-2.69% | Jan 30, 2024 | 2 | Jan 31, 2024 | 5 | Feb 7, 2024 | 7 |
Volatility
Volatility Chart
The current qqq_xlk_fbtc volatility is 7.95%, 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
FBTC | XLK | QQQ | |
---|---|---|---|
FBTC | 1.00 | 0.27 | 0.30 |
XLK | 0.27 | 1.00 | 0.96 |
QQQ | 0.30 | 0.96 | 1.00 |