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SHORT
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Risk-Adjusted Performance
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SHORT

Last updated Nov 9, 2024

A amusment portfolio (obviously) that shows how unrealistic borrowing money for free is.

Asset Allocation

VMFXX 20000000%SPAXX 20000000%SWVXX 20000000%BondBondCurrencyCurrencyEquityEquity
PositionCategory/SectorWeight
SPAXX
Fidelity Government Money Market Fund		Money Market
20,000,000%
SWVXX
Schwab Value Advantage Money Fund
20,000,000%
USD=X
USD Cash
-59,999,900%
VMFXX
Vanguard Federal Money Market Fund		Money Market
20,000,000%

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in SHORT, 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

0.00%1,000,000,000.00%2,000,000,000.00%3,000,000,000.00%4,000,000,000.00%JuneJulyAugustSeptemberOctoberNovember
3,827,676,140.21%
14.80%
SHORT
Benchmark (^GSPC)
Portfolio components

The earliest data available for this chart is Dec 15, 1999, corresponding to the inception date of SPAXX

Returns By Period

As of Nov 9, 2024, the SHORT returned 37,233,181,060,651,044.00% Year-To-Date and 92,202,254,104.66% of annualized return in the last 10 years.

Year-To-Date1 month6 months1 year5 years (annualized)10 years (annualized)
^GSPC
S&P 500		25.70%3.51%14.80%37.91%14.18%11.41%
SHORT37,233,181,060,651,044.00%240.83%3,827,266,382.04%90,238,832,036,434,290.00%7,395,649,435,025.16%92,932,392,511.17%
Portfolio components:
USD=X
USD Cash		0.00%0.00%0.00%0.00%0.00%0.00%
VMFXX
Vanguard Federal Money Market Fund		4.46%0.41%2.64%5.39%2.26%1.51%
SWVXX
Schwab Value Advantage Money Fund		3.90%0.58%2.80%5.06%2.16%1.45%
SPAXX
Fidelity Government Money Market Fund		0.86%0.00%0.00%1.27%1.33%0.74%

Monthly Returns

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

JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024302,851.83%28.27%46.11%171,236.18%101.15%53.28%169,001.18%105.96%104,471.53%240.83%37,233,181,060,651,044.00%
2023236,173.91%87.00%172,403.45%110.34%99.58%184,999.26%155.10%62.82%27.31%340,797.55%74.80%38.65%258,747,511,138,679,250.00%
20222,217.29%0.00%2,230.15%286.56%219.28%37,300.71%178.79%145.07%88,233.28%185.85%79.41%45.99%11,263,068,467,966.41%
20210.00%0.00%0.00%2,230.40%95.17%2,132.65%0.00%0.00%0.00%2,217.54%0.00%0.00%2,353,249.94%
202063.80%51.57%31,233.01%69.97%27.42%2,314.85%190.87%97.07%0.00%2,230.65%0.00%2,218.03%12,599,340,157.26%
201961.06%52.97%47,524.21%181.91%33.42%73,081.05%152.27%55.48%69,498.13%139.77%53.81%86,267.22%2,807,975,753,901,144.00%
201869.98%52.87%36.52%53,100.45%104.17%38,355.66%206.08%69.81%21.92%64,147.50%110.49%93,508.75%1,188,679,281,415,915.00%
20170.00%9,292.60%98.94%11,604.97%99.15%0.00%30,251.73%99.73%20,735.85%183.83%74.73%46,335.60%1,266,917,564,973,359.40%
20160.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
20150.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
20140.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
20130.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%2,337.54%0.00%0.00%0.00%2,337.54%

Expense Ratio

SHORT has an expense ratio of 0.00%, indicating no management fees are charged. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.

VMFXX
Vanguard Federal Money Market Fund
Expense ratio chart for VMFXX: current value at 0.00% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.00%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of SHORT is 100, placing it in the top 0% 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 SHORT is 100100
Combined Rank
The Sharpe Ratio Rank of SHORT is 100100Sharpe Ratio Rank
The Sortino Ratio Rank of SHORT is 100100Sortino Ratio Rank
The Omega Ratio Rank of SHORT is 100100Omega Ratio Rank
The Calmar Ratio Rank of SHORT is 100100Calmar Ratio Rank
The Martin Ratio Rank of SHORT is 100100Martin 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.

SHORT
Sharpe ratio
The chart of Sharpe ratio for SHORT, currently valued at 436708038293.86, compared to the broader market0.002.004.006.00436,708,038,293.86
Sortino ratio
The chart of Sortino ratio for SHORT, currently valued at 122075480112795.13, compared to the broader market-2.000.002.004.006.00122,075,480,112,795.12
Omega ratio
The chart of Omega ratio for SHORT, currently valued at 122075480112796.13, compared to the broader market0.801.001.201.401.601.802.00122,075,480,112,796.12
Calmar ratio
The chart of Calmar ratio for SHORT, currently valued at 2.643e+25, compared to the broader market0.005.0010.0015.0026,430,000,000,000,000,000,000,000.00
Martin ratio
The chart of Martin ratio for SHORT, currently valued at 1.265e+26, compared to the broader market0.0010.0020.0030.0040.0050.0060.00126,500,000,000,000,000,000,000,000.00
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.97, compared to the broader market0.002.004.006.002.97
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 3.97, compared to the broader market-2.000.002.004.006.003.97
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.56, compared to the broader market0.801.001.201.401.601.802.001.56
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 3.93, compared to the broader market0.005.0010.0015.003.93
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 19.39, compared to the broader market0.0010.0020.0030.0040.0050.0060.0019.39
Portfolio components
Sharpe ratioSortino ratioOmega ratioCalmar ratioMartin ratio
USD=X
USD Cash		—————
VMFXX
Vanguard Federal Money Market Fund		3.63————
SWVXX
Schwab Value Advantage Money Fund		3.30————
SPAXX
Fidelity Government Money Market Fund		1.75————

Sharpe Ratio

The current SHORT Sharpe ratio is 436,708,038,293.86. 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 2.17 to 3.06, 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 SHORT 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 Ratio0.00100,000,000,000.00200,000,000,000.00300,000,000,000.00400,000,000,000.00500,000,000,000.00600,000,000,000.00JuneJulyAugustSeptemberOctoberNovember
436,708,038,293.87
2.97
SHORT
Benchmark (^GSPC)
Portfolio components

Dividends

Dividend yield

SHORT provided a 2,033,800.00% dividend yield over the last twelve months.

TTM20232022202120202019201820172016201520142013
Portfolio2,033,800.00%1,929,800.00%568,800.00%4,800.00%142,200.00%620,600.00%321,200.00%101,000.00%0.00%0.00%0.00%1,200.00%
Portfolio components:
USD=X
USD Cash		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
VMFXX
Vanguard Federal Money Market Fund		5.24%4.97%1.54%0.01%0.45%2.12%1.61%0.50%0.00%0.00%0.00%0.01%
SWVXX
Schwab Value Advantage Money Fund		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SPAXX
Fidelity Government Money Market Fund		4.93%4.68%1.30%0.01%0.26%0.98%0.00%0.00%0.00%0.00%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%JuneJulyAugustSeptemberOctoberNovember00
SHORT
Benchmark (^GSPC)
Portfolio components

Worst Drawdowns

The table below displays the maximum drawdowns of the SHORT. 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 SHORT was -0.00%, occurring on Dec 31, 2022. Recovery took 2 trading sessions.

Depth

Start

To Bottom

Bottom

To Recover

End

Total

0%Dec 31, 20221Dec 31, 20222Jan 3, 20233
0%Jun 30, 20171Jun 30, 201711Jul 17, 201712
0%Jun 30, 20241Jun 30, 202411Jul 15, 202412
0%Sep 30, 20131Sep 30, 2013883Feb 15, 2017884
0%Sep 30, 20211Sep 30, 202111Oct 15, 202112

Volatility

Volatility Chart

The current SHORT volatility is 84.61%, 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.

0.00%100.00%200.00%300.00%400.00%500.00%600.00%700.00%JuneJulyAugustSeptemberOctoberNovember
84.61%
3.92%
SHORT
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.
USD=XSWVXXSPAXXVMFXX
USD=X0.000.000.000.00
SWVXX0.001.000.010.07
SPAXX0.000.011.000.52
VMFXX0.000.070.521.00
The correlation results are calculated based on daily price changes starting from Dec 16, 1999