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INCOME FUND VERSION 2
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Diversification

INCOME FUND VERSION 2

Last updated Sep 17, 2024

In this portfolio capital appreciation is secondary. In come is the primary goal.

Asset Allocation

HYGW 30%FFRHX 5.8%HYBL 5.6%SPYI 20%MO 5.6%JEPQ 5.6%BTI 5.6%JEPI 5.6%CCD 5.6%EPD 5.1%SVOL 5%AlternativesAlternativesBondBondEquityEquityVolatilityVolatility
PositionCategory/SectorWeight
BTI
British American Tobacco p.l.c.		Consumer Defensive
5.60%
CCD
Calamos Dynamic Convertible and Income Fund		Financial Services
5.60%
EPD
Enterprise Products Partners L.P.		Energy
5.10%
FFRHX
Fidelity Floating Rate High Income Fund		High Yield Bonds
5.80%
HYBL
SPDR Blackstone High Income ETF		High Yield Bonds
5.60%
HYGW
iShares High Yield Corporate Bond Buywrite Strategy ETF		High Yield Bonds
30%
JEPI
JPMorgan Equity Premium Income ETF		Actively Managed, Dividend, Derivative Income
5.60%
JEPQ
JPMorgan Nasdaq Equity Premium Income ETF		Actively Managed, Dividend, Derivative Income
5.60%
MO
Altria Group, Inc.		Consumer Defensive
5.60%
NVDY
YieldMax NVDA Option Income Strategy ETF		Options Trading
0.50%
SPYI
NEOS S&P 500 High Income ETF		Large Cap Blend Equities, Dividend
20%
SVOL
Simplify Volatility Premium ETF		Volatility, Actively Managed
5%

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in INCOME FUND VERSION 2, 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

-5.00%0.00%5.00%10.00%AprilMayJuneJulyAugustSeptember
8.50%
8.77%
INCOME FUND VERSION 2
Benchmark (^GSPC)
Portfolio components

The earliest data available for this chart is May 11, 2023, corresponding to the inception date of NVDY

Returns By Period

Year-To-Date1 month6 months1 year5 years (annualized)10 years (annualized)
^GSPC
S&P 500		18.10%1.42%9.39%26.58%13.42%10.88%
INCOME FUND VERSION 214.57%1.89%8.51%16.26%N/AN/A
Portfolio components:
HYGW
iShares High Yield Corporate Bond Buywrite Strategy ETF		6.45%0.89%3.79%7.04%N/AN/A
SPYI
NEOS S&P 500 High Income ETF		14.49%1.48%7.44%16.85%N/AN/A
SVOL
Simplify Volatility Premium ETF		8.63%0.04%5.95%12.80%N/AN/A
MO
Altria Group, Inc.		32.74%2.77%23.22%31.37%13.98%8.13%
JEPQ
JPMorgan Nasdaq Equity Premium Income ETF		14.61%1.43%5.51%22.66%N/AN/A
BTI
British American Tobacco p.l.c.		40.96%9.15%32.79%28.55%9.76%2.13%
JEPI
JPMorgan Equity Premium Income ETF		12.54%3.21%6.65%15.17%N/AN/A
FFRHX
Fidelity Floating Rate High Income Fund		5.83%0.83%3.17%8.30%5.18%4.38%
EPD
Enterprise Products Partners L.P.		19.01%1.78%6.66%18.16%8.67%3.66%
HYBL
SPDR Blackstone High Income ETF		6.94%1.11%5.54%11.79%N/AN/A
NVDY
YieldMax NVDA Option Income Strategy ETF		86.16%-2.48%23.16%105.77%N/AN/A
CCD
Calamos Dynamic Convertible and Income Fund		30.33%2.48%15.05%36.88%13.64%N/A

Monthly Returns

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

JanFebMarAprMayJunJulAugSepOctNovDecTotal
20241.57%1.95%2.47%-1.32%2.57%1.34%2.30%2.32%14.57%
20230.08%2.49%1.47%-0.52%-2.13%-1.90%4.21%1.38%5.02%

Expense Ratio

INCOME FUND VERSION 2 features an expense ratio of 0.49%, falling within the medium range. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.

NVDY
YieldMax NVDA Option Income Strategy ETF
Expense ratio chart for NVDY: current value at 0.99% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.99%
HYBL
SPDR Blackstone High Income ETF
Expense ratio chart for HYBL: current value at 0.70% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.70%
HYGW
iShares High Yield Corporate Bond Buywrite Strategy ETF
Expense ratio chart for HYGW: current value at 0.69% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.69%
SPYI
NEOS S&P 500 High Income ETF
Expense ratio chart for SPYI: current value at 0.68% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.68%
SVOL
Simplify Volatility Premium ETF
Expense ratio chart for SVOL: current value at 0.50% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.50%
JEPQ
JPMorgan Nasdaq Equity Premium Income ETF
Expense ratio chart for JEPQ: current value at 0.35% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.35%
FFRHX
Fidelity Floating Rate High Income Fund
Expense ratio chart for FFRHX: current value at 0.67% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.67%
JEPI
JPMorgan Equity Premium Income ETF
Expense ratio chart for JEPI: current value at 0.35% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.35%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of INCOME FUND VERSION 2 is 94, placing it in the top 6% of portfolios on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.

The Risk-Adjusted Performance Rank of INCOME FUND VERSION 2 is 9494
INCOME FUND VERSION 2
The Sharpe Ratio Rank of INCOME FUND VERSION 2 is 9595Sharpe Ratio Rank
The Sortino Ratio Rank of INCOME FUND VERSION 2 is 9595Sortino Ratio Rank
The Omega Ratio Rank of INCOME FUND VERSION 2 is 9797Omega Ratio Rank
The Calmar Ratio Rank of INCOME FUND VERSION 2 is 8888Calmar Ratio Rank
The Martin Ratio Rank of INCOME FUND VERSION 2 is 9696Martin 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.

INCOME FUND VERSION 2
Sharpe ratio
The chart of Sharpe ratio for INCOME FUND VERSION 2, currently valued at 3.14, compared to the broader market-1.000.001.002.003.004.003.14
Sortino ratio
The chart of Sortino ratio for INCOME FUND VERSION 2, currently valued at 4.22, compared to the broader market-2.000.002.004.006.004.22
Omega ratio
The chart of Omega ratio for INCOME FUND VERSION 2, currently valued at 1.67, compared to the broader market0.801.001.201.401.601.801.67
Calmar ratio
The chart of Calmar ratio for INCOME FUND VERSION 2, currently valued at 3.39, compared to the broader market0.002.004.006.008.003.39
Martin ratio
The chart of Martin ratio for INCOME FUND VERSION 2, currently valued at 21.24, compared to the broader market0.0010.0020.0030.0021.24
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 1.96, compared to the broader market-1.000.001.002.003.004.001.96
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 2.65, compared to the broader market-2.000.002.004.006.002.65
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.35, compared to the broader market0.801.001.201.401.601.801.35
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.77, compared to the broader market0.002.004.006.008.001.77
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 10.43, compared to the broader market0.0010.0020.0030.0010.43
Portfolio components
Sharpe ratioSortino ratioOmega ratioCalmar ratioMartin ratio
HYGW
iShares High Yield Corporate Bond Buywrite Strategy ETF		2.583.531.582.1513.55
SPYI
NEOS S&P 500 High Income ETF		2.112.811.442.6513.70
SVOL
Simplify Volatility Premium ETF		1.171.571.291.289.21
MO
Altria Group, Inc.		1.692.101.352.6110.61
JEPQ
JPMorgan Nasdaq Equity Premium Income ETF		2.062.681.412.4610.29
BTI
British American Tobacco p.l.c.		1.471.961.302.115.95
JEPI
JPMorgan Equity Premium Income ETF		2.233.081.432.6014.63
FFRHX
Fidelity Floating Rate High Income Fund		3.309.663.009.8843.16
EPD
Enterprise Products Partners L.P.		1.492.211.273.147.46
HYBL
SPDR Blackstone High Income ETF		3.886.211.886.5232.58
NVDY
YieldMax NVDA Option Income Strategy ETF		2.843.281.475.6518.87
CCD
Calamos Dynamic Convertible and Income Fund		2.413.381.421.5413.07

Sharpe Ratio

The current INCOME FUND VERSION 2 Sharpe ratio is 3.14. 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 1.63 to 2.29, this portfolio's current Sharpe ratio is in the top 25%, it signifies superior risk-adjusted performance. This means that for the level of risk undertaken, the portfolio is generating impressive returns compared to most others.

Use the chart below to compare the Sharpe ratio of INCOME FUND VERSION 2 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 Ratio1.502.002.503.00May 12May 19May 26Jun 02Jun 09Jun 16Jun 23Jun 30Jul 07Jul 14Jul 21Jul 28Aug 04Aug 11Aug 18Aug 25SeptemberSep 08Sep 15
3.14
1.96
INCOME FUND VERSION 2
Benchmark (^GSPC)
Portfolio components

Dividends

Dividend yield

INCOME FUND VERSION 2 granted a 11.13% dividend yield in the last twelve months.

TTM20232022202120202019201820172016201520142013
INCOME FUND VERSION 211.13%12.19%8.01%2.49%2.28%1.79%2.13%1.55%1.57%1.41%0.92%0.90%
Portfolio components:
HYGW
iShares High Yield Corporate Bond Buywrite Strategy ETF		13.25%15.98%8.71%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SPYI
NEOS S&P 500 High Income ETF		11.72%12.01%4.10%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SVOL
Simplify Volatility Premium ETF		16.21%16.36%18.21%4.65%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
MO
Altria Group, Inc.		7.66%9.52%8.05%7.43%8.29%6.57%6.07%3.56%3.48%3.73%4.06%4.79%
JEPQ
JPMorgan Nasdaq Equity Premium Income ETF		9.48%10.02%9.44%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
BTI
British American Tobacco p.l.c.		7.32%9.57%7.40%7.98%7.22%6.35%8.52%4.18%3.77%4.21%4.55%4.04%
JEPI
JPMorgan Equity Premium Income ETF		7.10%8.40%11.68%6.59%5.79%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
FFRHX
Fidelity Floating Rate High Income Fund		8.51%8.23%5.06%3.26%3.84%5.15%4.72%4.05%3.94%4.25%4.00%3.46%
EPD
Enterprise Products Partners L.P.		6.92%7.51%7.79%8.20%9.09%6.23%6.97%6.29%5.88%5.90%3.96%4.07%
HYBL
SPDR Blackstone High Income ETF		8.23%7.93%5.10%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
NVDY
YieldMax NVDA Option Income Strategy ETF		77.16%22.32%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
CCD
Calamos Dynamic Convertible and Income Fund		9.73%11.83%11.42%7.43%7.11%8.01%12.21%9.99%11.43%7.40%0.00%0.00%

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.

-8.00%-6.00%-4.00%-2.00%0.00%AprilMayJuneJulyAugustSeptember0
-0.60%
INCOME FUND VERSION 2
Benchmark (^GSPC)
Portfolio components

Worst Drawdowns

The table below displays the maximum drawdowns of the INCOME FUND VERSION 2. 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 INCOME FUND VERSION 2 was 5.27%, occurring on Oct 27, 2023. Recovery took 32 trading sessions.

Depth

Start

To Bottom

Bottom

To Recover

End

Total

-5.27%Aug 1, 202364Oct 27, 202332Dec 13, 202396
-3.23%Aug 1, 20243Aug 5, 20247Aug 14, 202410
-2.61%Mar 28, 202417Apr 19, 202412May 7, 202429
-1.1%Sep 3, 20244Sep 6, 20244Sep 12, 20248
-1%May 22, 20245May 29, 20245Jun 5, 202410

Volatility

Volatility Chart

The current INCOME FUND VERSION 2 volatility is 1.35%, 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.

1.00%2.00%3.00%4.00%5.00%6.00%AprilMayJuneJulyAugustSeptember
1.35%
4.09%
INCOME FUND VERSION 2
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.
MOFFRHXEPDBTINVDYCCDHYGWHYBLSVOLJEPQJEPISPYI
MO1.000.090.010.08-0.010.030.050.09-0.00-0.030.060.00
FFRHX0.091.000.140.120.040.200.120.210.220.170.260.22
EPD0.010.141.000.280.070.300.190.240.220.180.400.32
BTI0.080.120.281.000.030.240.280.320.290.140.380.27
NVDY-0.010.040.070.031.000.290.290.310.380.710.260.61
CCD0.030.200.300.240.291.000.440.440.420.460.450.53
HYGW0.050.120.190.280.290.441.000.620.510.450.510.53
HYBL0.090.210.240.320.310.440.621.000.490.470.520.56
SVOL-0.000.220.220.290.380.420.510.491.000.620.580.67
JEPQ-0.030.170.180.140.710.460.450.470.621.000.630.91
JEPI0.060.260.400.380.260.450.510.520.580.631.000.77
SPYI0.000.220.320.270.610.530.530.560.670.910.771.00
The correlation results are calculated based on daily price changes starting from May 12, 2023