Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
ICSH iShares Ultra Short Duration Bond Active ETF | Ultrashort Bond | 11.11% |
JAAA Janus Henderson AAA CLO ETF | CLO | 55.56% |
PULS PGIM Ultra Short Bond ETF | Ultrashort Bond | 22.22% |
SHV iShares Short Treasury Bond ETF | Government Bonds | 11.11% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Sprint USD Portfolio Higher Yield, 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 Oct 19, 2020, corresponding to the inception date of JAAA
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 Sprint USD Portfolio Higher Yield | 0.07% | 0.31% | 0.87% | 2.06% | 4.81% | 6.13% | 4.19% | — |
| Portfolio components: | ||||||||
JAAA Janus Henderson AAA CLO ETF | 0.10% | 0.36% | 0.83% | 2.14% | 5.03% | 6.79% | 4.59% | — |
SHV iShares Short Treasury Bond ETF | 0.04% | 0.30% | 0.86% | 1.84% | 4.01% | 4.70% | 3.20% | 2.17% |
PULS PGIM Ultra Short Bond ETF | 0.04% | 0.24% | 0.97% | 2.06% | 4.80% | 5.67% | 3.99% | — |
ICSH iShares Ultra Short Duration Bond Active ETF | 0.06% | 0.20% | 0.85% | 1.93% | 4.51% | 5.23% | 3.57% | 2.72% |
Monthly Returns
Based on dividend-adjusted daily data since Oct 20, 2020, Sprint USD Portfolio Higher Yield's average daily return is +0.02%, while the average monthly return is +0.32%. At this rate, your investment would double in approximately 18.1 years.
Historically, 88% of months were positive and 12% were negative. The best month was Nov 2022 with a return of +1.0%, while the worst month was May 2022 at -1.0%. The longest winning streak lasted 37 consecutive months, and the longest losing streak was 2 months.
On a daily basis, Sprint USD Portfolio Higher Yield closed higher 68% of trading days. The best single day was Dec 22, 2022 with a return of +0.3%, while the worst single day was Apr 10, 2025 at -0.6%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.46% | 0.04% | 0.28% | 0.09% | 0.87% | ||||||||
| 2025 | 0.54% | 0.27% | 0.16% | 0.21% | 0.70% | 0.44% | 0.46% | 0.49% | 0.37% | 0.37% | 0.39% | 0.49% | 4.99% |
| 2024 | 0.61% | 0.54% | 0.55% | 0.54% | 0.69% | 0.40% | 0.59% | 0.52% | 0.49% | 0.48% | 0.54% | 0.51% | 6.67% |
| 2023 | 0.95% | 0.42% | -0.08% | 0.77% | 0.35% | 0.68% | 0.96% | 0.62% | 0.48% | 0.41% | 0.76% | 0.77% | 7.33% |
| 2022 | 0.08% | -0.19% | -0.15% | 0.16% | -0.97% | -0.31% | 0.43% | 0.32% | -0.08% | -0.06% | 1.04% | 0.56% | 0.82% |
| 2021 | 0.15% | 0.24% | 0.03% | 0.04% | 0.06% | 0.05% | 0.13% | 0.07% | 0.06% | 0.03% | 0.01% | 0.02% | 0.89% |
Benchmark Metrics
Sprint USD Portfolio Higher Yield has an annualized alpha of 3.91%, beta of 0.01, and R² of 0.03 versus S&P 500 Index. Calculated based on daily prices since October 20, 2020.
- This portfolio captured 8.33% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -7.45%) — a profile typical of hedging or uncorrelated assets.
- Beta of 0.01 may look defensive, but with R² of 0.03 this portfolio is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this portfolio's risk.
- R² of 0.03 means this portfolio moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 3.91%
- Beta
- 0.01
- R²
- 0.03
- Upside Capture
- 8.33%
- Downside Capture
- -7.45%
Expense Ratio
Sprint USD Portfolio Higher Yield has an expense ratio of 0.18%, which is considered low. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.
Return for Risk
Risk / Return Rank
Sprint USD Portfolio Higher Yield ranks 99 for risk / return — in the top 99% of portfolios on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
| Portfolio | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 4.64 | 0.88 | +3.76 |
Sortino ratioReturn per unit of downside risk | 6.18 | 1.37 | +4.81 |
Omega ratioGain probability vs. loss probability | 2.76 | 1.21 | +1.55 |
Calmar ratioReturn relative to maximum drawdown | 5.54 | 1.39 | +4.16 |
Martin ratioReturn relative to average drawdown | 41.31 | 6.43 | +34.88 |
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 | |
|---|---|---|---|---|---|---|
JAAA Janus Henderson AAA CLO ETF | 96 | 2.79 | 3.59 | 1.91 | 3.45 | 24.03 |
SHV iShares Short Treasury Bond ETF | 100 | 19.57 | 153.80 | 55.27 | 443.15 | 2,490.75 |
PULS PGIM Ultra Short Bond ETF | 99 | 9.37 | 18.64 | 5.42 | 13.93 | 96.29 |
ICSH iShares Ultra Short Duration Bond Active ETF | 100 | 11.08 | 26.38 | 6.68 | 45.39 | 285.14 |
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Dividends
Dividend yield
Sprint USD Portfolio Higher Yield provided a 4.83% dividend yield over the last twelve months.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 4.83% | 4.96% | 5.92% | 5.67% | 2.37% | 0.98% | 0.77% | 1.13% | 0.84% | 0.23% | 0.14% | 0.06% |
| Portfolio components: | ||||||||||||
JAAA Janus Henderson AAA CLO ETF | 5.14% | 5.30% | 6.35% | 6.11% | 2.74% | 1.21% | 0.26% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SHV iShares Short Treasury Bond ETF | 3.93% | 4.09% | 5.02% | 4.73% | 1.39% | 0.00% | 0.74% | 2.19% | 1.66% | 0.72% | 0.34% | 0.03% |
PULS PGIM Ultra Short Bond ETF | 4.68% | 4.78% | 5.62% | 5.48% | 2.30% | 1.19% | 1.85% | 2.69% | 1.87% | 0.00% | 0.00% | 0.00% |
ICSH iShares Ultra Short Duration Bond Active ETF | 4.42% | 4.55% | 5.24% | 4.78% | 1.66% | 0.42% | 1.21% | 2.61% | 2.20% | 1.36% | 0.88% | 0.54% |
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 Sprint USD Portfolio Higher Yield. 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 Sprint USD Portfolio Higher Yield was 1.61%, occurring on Jul 19, 2022. Recovery took 93 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -1.61% | Feb 3, 2022 | 114 | Jul 19, 2022 | 93 | Nov 29, 2022 | 207 |
| -0.87% | Apr 3, 2025 | 6 | Apr 10, 2025 | 9 | Apr 24, 2025 | 15 |
| -0.56% | Mar 7, 2023 | 11 | Mar 21, 2023 | 11 | Apr 5, 2023 | 22 |
| -0.29% | Dec 23, 2022 | 2 | Dec 27, 2022 | 9 | Jan 10, 2023 | 11 |
| -0.27% | Oct 20, 2020 | 10 | Nov 2, 2020 | 5 | Nov 9, 2020 | 15 |
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 4 assets, with an effective number of assets of 2.61, reflecting the diversification based on asset allocation. This number of effective assets suggests a highly concentrated portfolio, where a few assets dominate the allocation, potentially increasing the portfolio's risk due to lack of diversification.
Asset Correlations Table
| Benchmark | PULS | ICSH | SHV | JAAA | Portfolio | |
|---|---|---|---|---|---|---|
| Benchmark | 1.00 | 0.09 | 0.09 | 0.03 | 0.12 | 0.13 |
| PULS | 0.09 | 1.00 | 0.38 | 0.41 | 0.15 | 0.36 |
| ICSH | 0.09 | 0.38 | 1.00 | 0.43 | 0.18 | 0.33 |
| SHV | 0.03 | 0.41 | 0.43 | 1.00 | 0.21 | 0.34 |
| JAAA | 0.12 | 0.15 | 0.18 | 0.21 | 1.00 | 0.96 |
| Portfolio | 0.13 | 0.36 | 0.33 | 0.34 | 0.96 | 1.00 |