Aggressive: Aerospace/Metals Momentum Cyclical

Asset Allocation

Position	Category/Sector	Target Weight
SMH VanEck Semiconductor ETF	Semiconductors, Technology Equities	45%
SPMO Invesco S&P 500 Momentum ETF	Momentum, S&P 500	20%
ROKT SPDR S&P Kensho Final Frontiers ETF	Industrials Equities	20%
XME SPDR S&P Metals & Mining ETF	Materials	15%

Benchmark Against

Benchmark

S&P 500 Index

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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Aggressive: Aerospace/Metals Momentum Cyclical, 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 year.

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Returns By Period

Position	1D	1M	YTD	6M	1Y	3Y*	5Y*	10Y*
Benchmark S&P 500 Index	0.30%	0.09%	8.18%	8.17%	23.42%	19.88%	11.91%	13.45%
Portfolio Aggressive: Aerospace/Metals Momentum Cyclical	3.17%	4.21%	45.05%	46.58%	101.74%	50.28%	31.26%	—
Portfolio components:
ROKT SPDR S&P Kensho Final Frontiers ETF	1.04%	5.86%	41.32%	49.83%	98.96%	42.83%	23.78%	—
SMH VanEck Semiconductor ETF	5.00%	5.58%	66.10%	62.81%	137.42%	60.43%	37.89%	36.92%
SPMO Invesco S&P 500 Momentum ETF	2.50%	2.83%	24.29%	22.86%	39.53%	40.28%	23.06%	20.38%
XME SPDR S&P Metals & Mining ETF	-0.01%	-1.95%	14.53%	20.99%	84.92%	35.78%	21.45%	19.09%

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

Monthly Returns

Based on dividend-adjusted daily data since Oct 24, 2018, Aggressive: Aerospace/Metals Momentum Cyclical's average daily return is +0.12%, while the average monthly return is +2.47%. At this rate, an investment would double in approximately 2.4 years.

Historically, 67% of months were positive and 33% were negative. The best month was Apr 2026 with a return of +22.2%, while the worst month was Mar 2020 at -14.7%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 3 months.

On a daily basis, Aggressive: Aerospace/Metals Momentum Cyclical closed higher 55% of trading days. The best single day was Apr 9, 2025 with a return of +13.2%, while the worst single day was Mar 16, 2020 at -13.5%.

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Total
2026	11.38%	0.96%	-5.92%	22.15%	16.02%	-3.25%							45.05%
2025	2.78%	-3.49%	-6.80%	0.44%	11.28%	12.39%	4.61%	3.46%	9.80%	6.86%	-2.29%	4.20%	50.16%
2024	2.23%	9.51%	5.13%	-4.24%	9.44%	4.47%	-0.80%	-0.50%	2.02%	-0.82%	5.94%	-3.32%	31.82%
2023	11.10%	-0.72%	3.81%	-3.81%	5.90%	7.27%	4.05%	-2.16%	-5.14%	-3.60%	12.61%	8.68%	42.55%
2022	-8.34%	3.71%	4.80%	-10.85%	1.88%	-13.51%	12.21%	-4.81%	-11.57%	9.82%	10.74%	-5.82%	-15.33%
2021	0.79%	4.96%	3.25%	1.47%	3.71%	2.77%	0.84%	1.78%	-4.89%	5.61%	2.91%	3.43%	29.65%

Benchmark Metrics

Aggressive: Aerospace/Metals Momentum Cyclical has an annualized alpha of 12.95%, beta of 1.25, and R2 of 0.81 versus S&P 500 Index. Calculated based on daily prices since October 24, 2018.

This portfolio captured 166.28% of S&P 500 Index gains and 102.69% of its losses - amplifying both gains and losses, but participating more in upside than downside.
This portfolio generated an annualized alpha of 12.95% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.

Alpha: 12.95%

Beta: 1.25

R²: 0.81

Upside Capture: 166.28%

Downside Capture: 102.69%

Expense Ratio

Aggressive: Aerospace/Metals Momentum Cyclical has an expense ratio of 0.33%, placing it in the medium range. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.

ROKT

SPDR S&P Kensho Final Frontiers ETF

SMH

VanEck Semiconductor ETF

XME

SPDR S&P Metals & Mining ETF

SPMO

Invesco S&P 500 Momentum ETF

Return for Risk

Risk / Return Rank

Aggressive: Aerospace/Metals Momentum Cyclical ranks 93 for risk / return — in the top 93% 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.

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

The table below presents risk-adjusted performance metrics for Aggressive: Aerospace/Metals Momentum Cyclical and compares them with S&P 500 Index.

	Portfolio	Benchmark	Difference
Sharpe ratioReturn per unit of total volatility	3.92	1.94	+1.98
Sortino ratioReturn per unit of downside risk	4.29	2.63	+1.66
Omega ratioGain probability vs. loss probability	1.62	1.35	+0.27
Calmar ratioReturn relative to maximum drawdown	8.24	2.59	+5.66
Martin ratioReturn relative to average drawdown	32.89	11.84	+21.05
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.

Position	Risk / Return Rank	Sharpe ratio	Sortino ratio	Omega ratio	Calmar ratio	Martin ratio
ROKT SPDR S&P Kensho Final Frontiers ETF	93	3.34	3.87	1.50	7.66	29.72
SMH VanEck Semiconductor ETF	96	4.27	4.33	1.62	9.26	34.80
SPMO Invesco S&P 500 Momentum ETF	71	2.13	2.81	1.39	3.13	12.02
XME SPDR S&P Metals & Mining ETF	72	2.40	2.85	1.37	3.78	9.55

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.

Aggressive: Aerospace/Metals Momentum Cyclical Sharpe ratios as of Jun 6, 2026 (values are recalculated daily):

1-Year: 3.92
5-Year: 1.21
All Time: 1.14

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 1.64 to 2.53, 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 Aggressive: Aerospace/Metals Momentum Cyclical 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

Aggressive: Aerospace/Metals Momentum Cyclical provided a 0.32% dividend yield over the last twelve months.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Portfolio	0.32%	0.42%	0.51%	0.87%	1.22%	0.80%	0.81%	1.47%	1.42%	0.97%	0.90%	1.43%
Portfolio components:
ROKT SPDR S&P Kensho Final Frontiers ETF	0.28%	0.41%	0.57%	0.62%	0.54%	1.79%	0.48%	0.74%	0.16%	0.00%	0.00%	0.00%
SMH VanEck Semiconductor ETF	0.18%	0.31%	0.44%	0.60%	1.18%	0.51%	0.69%	1.50%	1.88%	1.43%	0.80%	2.14%
SPMO Invesco S&P 500 Momentum ETF	0.69%	0.73%	0.48%	1.63%	1.66%	0.52%	1.27%	1.39%	1.05%	0.77%	1.94%	0.36%
XME SPDR S&P Metals & Mining ETF	0.32%	0.38%	0.65%	1.00%	1.64%	0.70%	0.99%	2.43%	2.23%	1.15%	1.02%	2.61%

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 Aggressive: Aerospace/Metals Momentum Cyclical. 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 Aggressive: Aerospace/Metals Momentum Cyclical was 35.45%, occurring on Mar 20, 2020. Recovery took 93 trading sessions.

The current Aggressive: Aerospace/Metals Momentum Cyclical drawdown is 9.07%.

Related event	Drawdown	Fall	Recovery	Underwater
COVID crash2020	-35.45%Mar 2020	29d	4mo 16d	5mo 15dFeb 2020 - Aug 2020
Bear market2022	-27.89%Oct 2022	6mo 18d	7mo 27d	1y 2moMar 2022 - Jun 2023
2025 selloff2025	-26.01%Apr 2025	2mo 14d	2mo 2d	4mo 16dJan 2025 - Jun 2025
Rate-hike selloffLate 2018	-17.21%Dec 2018	1mo 16d	1mo 12d	2mo 28dNov 2018 - Feb 2019
2024 correction2024	-16.80%Aug 2024	27d	3mo 1d	3mo 28dJul 2024 - Nov 2024

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 3.28, reflecting the diversification based on asset allocation. Your capital is well-distributed across most of your holdings, with only mild concentration in a few names. True diversification also depends on the correlations between assets — check the diversification ratio below.

Diversification Ratio

	1Y	3Y	5Y	All Time
Diversification Ratio	1.14	1.13	1.14	1.13

The portfolio has a diversification ratio of 1.13, placing it in the bottom quartile across portfolios — positions are highly correlated. Consider adding assets from different classes or sectors to reduce risk.

Aggressive: Aerospace/Metals Momentum Cyclical correlation to the S&P 500 Index

Aggressive: Aerospace/Metals Momentum Cyclical has a 0.82 correlation to S&P 500 Index over the trailing 12 months. This section compares each holding's correlation to the benchmark and to the portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.82
Correlation (3Y) Calculated over the trailing 3-year period	0.85
Correlation (5Y) Calculated over the trailing 5-year period	0.87
Correlation (All Time) Calculated using the full available price history since Oct 24, 2018	0.87

Benchmark Correlations

Correlation vs. S&P 500 Index. SPMO has the highest benchmark correlation at 0.86, while XME has the lowest at 0.60.

0.60

0.73

0.79

0.86

Portfolio Correlations

Correlation vs. Aggressive: Aerospace/Metals Momentum Cyclical. SMH has the highest portfolio correlation at 0.94, while XME has the lowest at 0.71.

0.71

0.75

0.82

0.94

Asset Correlations Table

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

	XME	ROKT	SPMO	SMH
XME	1.00	0.66	0.51	0.51
ROKT	0.66	1.00	0.62	0.57
SPMO	0.51	0.62	1.00	0.74
SMH	0.51	0.57	0.74	1.00

The correlation results are calculated based on daily price changes starting from Oct 24, 2018

Diversification Analysis

Find what Aggressive: Aerospace/Metals Momentum Cyclical is missing

See which holdings overlap, where Aggressive: Aerospace/Metals Momentum Cyclical is concentrated, and which low-correlation assets could fill the gaps.

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