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Passive Income
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Diversification

Asset Allocation


USFR 6.67%TFLO 6.67%FLOT 6.67%ARCC 6.67%MAIN 6.67%HTGC 6.67%BXSL 6.67%TSLX 6.67%SCHD 6.67%VIG 6.67%CSWC 6.67%OBDC 6.67%GAIN 6.67%ABR 6.67%CGDV 6.67%BondBondEquityEquity
PositionCategory/SectorWeight
ABR
Arbor Realty Trust, Inc.
Real Estate

6.67%

ARCC
Ares Capital Corporation
Financial Services

6.67%

BXSL
Blackstone Secured Lending Fund
Financial Services

6.67%

CGDV
Capital Group Dividend Value ETF

6.67%

CSWC
Capital Southwest Corporation
Financial Services

6.67%

FLOT
iShares Floating Rate Bond ETF
Corporate Bonds

6.67%

GAIN
Gladstone Investment Corporation
Financial Services

6.67%

HTGC
Hercules Capital, Inc.
Financial Services

6.67%

MAIN
Main Street Capital Corporation
Financial Services

6.67%

OBDC
Blue Owl Capital Corporation
Financial Services

6.67%

SCHD
Schwab US Dividend Equity ETF
Large Cap Growth Equities, Dividend

6.67%

TFLO
iShares Treasury Floating Rate Bond ETF
Government Bonds

6.67%

TSLX
Sixth Street Specialty Lending, Inc.
Financial Services

6.67%

USFR
WisdomTree Bloomberg Floating Rate Treasury Fund
Government Bonds

6.67%

VIG
Vanguard Dividend Appreciation ETF
Large Cap Growth Equities, Dividend

6.67%

S&P 500

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Passive Income, 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%5.00%10.00%15.00%20.00%25.00%NovemberDecember2024FebruaryMarchApril
22.61%
15.82%
Passive Income
Benchmark (^GSPC)
Portfolio components

The earliest data available for this chart is Feb 24, 2022, corresponding to the inception date of CGDV

Returns By Period


Year-To-Date1 month6 months1 year5 years (annualized)10 years (annualized)
^GSPC
S&P 500
4.14%-4.93%17.59%20.28%11.33%10.22%
Passive Income4.50%0.66%15.29%26.13%N/AN/A
ARCC
Ares Capital Corporation
5.23%3.00%14.90%24.72%13.89%11.95%
MAIN
Main Street Capital Corporation
13.25%4.05%27.69%30.38%12.74%12.48%
HTGC
Hercules Capital, Inc.
13.15%0.87%24.16%59.66%20.51%13.77%
BXSL
Blackstone Secured Lending Fund
16.12%3.77%23.86%36.81%N/AN/A
TSLX
Sixth Street Specialty Lending, Inc.
1.48%0.43%15.14%30.55%13.68%13.21%
SCHD
Schwab US Dividend Equity ETF
1.47%-3.44%12.63%8.62%10.94%10.92%
VIG
Vanguard Dividend Appreciation ETF
2.63%-3.93%14.62%13.43%11.26%10.85%
CSWC
Capital Southwest Corporation
8.48%4.11%23.76%53.55%13.88%14.37%
OBDC
Blue Owl Capital Corporation
8.43%3.37%23.00%36.01%N/AN/A
GAIN
Gladstone Investment Corporation
1.49%2.40%25.80%22.71%13.17%16.42%
ABR
Arbor Realty Trust, Inc.
-14.11%-2.17%-3.88%33.59%8.69%16.39%
CGDV
Capital Group Dividend Value ETF
4.54%-3.51%20.37%24.11%N/AN/A
USFR
WisdomTree Bloomberg Floating Rate Treasury Fund
1.82%0.48%2.73%5.55%2.16%2.08%
TFLO
iShares Treasury Floating Rate Bond ETF
1.72%0.44%2.68%5.45%2.11%1.59%
FLOT
iShares Floating Rate Bond ETF
2.30%0.51%3.50%7.13%2.68%2.02%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20240.77%1.56%3.38%
20230.19%-3.07%5.21%5.10%

Expense Ratio

The Passive Income has an expense ratio of 0.06% which is considered to be low. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.


0.50%1.00%1.50%2.00%0.06%
0.50%1.00%1.50%2.00%0.06%
0.50%1.00%1.50%2.00%0.33%
0.50%1.00%1.50%2.00%0.20%
0.50%1.00%1.50%2.00%0.15%

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.


Passive Income
Sharpe ratio
The chart of Sharpe ratio for Passive Income, currently valued at 2.55, compared to the broader market-1.000.001.002.003.004.002.55
Sortino ratio
The chart of Sortino ratio for Passive Income, currently valued at 3.56, compared to the broader market-2.000.002.004.006.003.56
Omega ratio
The chart of Omega ratio for Passive Income, currently valued at 1.44, compared to the broader market0.801.001.201.401.601.801.44
Calmar ratio
The chart of Calmar ratio for Passive Income, currently valued at 2.95, compared to the broader market0.002.004.006.008.002.95
Martin ratio
The chart of Martin ratio for Passive Income, currently valued at 16.22, compared to the broader market0.0010.0020.0030.0040.0016.22
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 1.66, compared to the broader market-1.000.001.002.003.004.001.66
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 2.44, compared to the broader market-2.000.002.004.006.002.44
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.29, compared to the broader market0.801.001.201.401.601.801.29
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.27, compared to the broader market0.002.004.006.008.001.27
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 6.65, compared to the broader market0.0010.0020.0030.0040.006.65

Portfolio components
Sharpe ratioSortino ratioOmega ratioCalmar ratioMartin ratio
ARCC
Ares Capital Corporation
1.752.491.321.8213.91
MAIN
Main Street Capital Corporation
2.323.281.413.089.54
HTGC
Hercules Capital, Inc.
2.803.581.472.3911.14
BXSL
Blackstone Secured Lending Fund
2.272.841.405.1514.64
TSLX
Sixth Street Specialty Lending, Inc.
2.082.831.371.8113.27
SCHD
Schwab US Dividend Equity ETF
0.661.011.120.632.18
VIG
Vanguard Dividend Appreciation ETF
1.341.981.231.394.44
CSWC
Capital Southwest Corporation
2.693.451.432.7514.19
OBDC
Blue Owl Capital Corporation
2.633.581.463.6218.90
GAIN
Gladstone Investment Corporation
1.081.681.201.354.70
ABR
Arbor Realty Trust, Inc.
0.731.311.150.841.92
CGDV
Capital Group Dividend Value ETF
2.053.041.352.608.51
USFR
WisdomTree Bloomberg Floating Rate Treasury Fund
7.5812.257.9612.8380.69
TFLO
iShares Treasury Floating Rate Bond ETF
15.4259.4815.06139.77960.39
FLOT
iShares Floating Rate Bond ETF
7.1714.544.0021.56184.41

Sharpe Ratio

The current Passive Income Sharpe ratio is 2.55. A Sharpe ratio higher than 2.0 is considered very good.

-1.000.001.002.003.004.002.55

The Sharpe ratio of Passive Income 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.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00NovemberDecember2024FebruaryMarchApril
2.55
1.66
Passive Income
Benchmark (^GSPC)
Portfolio components

Dividends

Dividend yield

Passive Income granted a 8.11% dividend yield in the last twelve months.


TTM20232022202120202019201820172016201520142013
Passive Income8.11%8.07%7.52%5.07%5.39%4.89%5.04%4.51%3.98%4.25%4.02%3.04%
ARCC
Ares Capital Corporation
9.32%9.59%10.10%7.60%9.41%8.94%9.78%9.57%9.12%10.90%9.93%8.67%
MAIN
Main Street Capital Corporation
8.15%8.55%7.97%5.74%6.99%6.76%8.43%7.02%7.42%9.15%8.72%8.18%
HTGC
Hercules Capital, Inc.
9.91%11.40%14.90%9.34%9.57%9.49%11.40%9.45%8.79%10.17%8.33%6.77%
BXSL
Blackstone Secured Lending Fund
9.61%10.64%12.93%1.56%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
TSLX
Sixth Street Specialty Lending, Inc.
12.12%9.65%10.30%15.33%11.08%8.36%9.74%10.74%8.35%9.62%9.10%0.00%
SCHD
Schwab US Dividend Equity ETF
3.49%3.49%3.39%2.78%3.16%2.98%3.06%2.63%2.89%2.97%2.63%2.47%
VIG
Vanguard Dividend Appreciation ETF
1.85%1.88%1.96%1.55%1.63%1.71%2.08%1.88%2.14%2.34%1.95%1.84%
CSWC
Capital Southwest Corporation
9.85%10.20%12.75%10.32%6.87%8.99%5.88%7.01%2.31%0.26%0.53%2.55%
OBDC
Blue Owl Capital Corporation
10.66%10.64%10.89%8.53%12.24%3.80%0.00%0.00%0.00%0.00%0.00%0.00%
GAIN
Gladstone Investment Corporation
15.20%16.57%9.08%5.34%9.22%7.42%9.68%7.77%8.87%9.68%11.00%7.30%
ABR
Arbor Realty Trust, Inc.
13.55%11.07%11.68%7.53%8.67%7.94%9.89%8.21%8.19%7.99%7.57%7.40%
CGDV
Capital Group Dividend Value ETF
1.61%1.65%1.36%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
USFR
WisdomTree Bloomberg Floating Rate Treasury Fund
5.29%5.12%1.78%0.01%0.40%2.08%1.67%1.03%0.29%0.00%0.00%0.00%
TFLO
iShares Treasury Floating Rate Bond ETF
5.24%4.88%1.68%0.00%0.36%2.08%1.65%0.86%0.31%0.15%0.08%0.00%
FLOT
iShares Floating Rate Bond ETF
5.82%5.66%2.06%0.43%1.25%2.78%2.41%1.46%0.97%0.53%0.44%0.47%

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%NovemberDecember2024FebruaryMarchApril
-1.23%
-5.46%
Passive Income
Benchmark (^GSPC)
Portfolio components

Worst Drawdowns

The table below displays the maximum drawdowns of the Passive Income. 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 Passive Income was 18.80%, occurring on Sep 29, 2022. Recovery took 188 trading sessions.

The current Passive Income drawdown is 1.23%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-18.8%Apr 21, 2022112Sep 29, 2022188Jun 30, 2023300
-5.51%Aug 8, 202358Oct 27, 202312Nov 14, 202370
-2.87%Jan 31, 20247Feb 8, 202412Feb 27, 202419
-2.7%Mar 4, 20223Mar 8, 20229Mar 21, 202212
-2.54%Apr 1, 202412Apr 16, 2024

Volatility

Volatility Chart

The current Passive Income volatility is 2.52%, 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.


1.50%2.00%2.50%3.00%3.50%4.00%4.50%5.00%NovemberDecember2024FebruaryMarchApril
2.52%
3.15%
Passive Income
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.

USFRTFLOFLOTBXSLABRCSWCGAINHTGCOBDCMAINVIGTSLXSCHDARCCCGDV
USFR1.000.270.05-0.05-0.06-0.08-0.05-0.11-0.08-0.10-0.01-0.10-0.04-0.10-0.02
TFLO0.271.000.04-0.08-0.06-0.08-0.12-0.09-0.08-0.10-0.14-0.06-0.13-0.12-0.13
FLOT0.050.041.000.150.220.200.150.180.200.200.310.220.290.210.30
BXSL-0.05-0.080.151.000.320.400.400.420.450.390.400.450.400.450.41
ABR-0.06-0.060.220.321.000.500.480.530.510.490.580.540.620.520.60
CSWC-0.08-0.080.200.400.501.000.520.600.570.620.510.650.540.640.53
GAIN-0.05-0.120.150.400.480.521.000.610.590.630.550.620.560.610.56
HTGC-0.11-0.090.180.420.530.600.611.000.650.720.560.710.580.670.60
OBDC-0.08-0.080.200.450.510.570.590.651.000.670.580.730.580.760.61
MAIN-0.10-0.100.200.390.490.620.630.720.671.000.630.720.610.720.64
VIG-0.01-0.140.310.400.580.510.550.560.580.631.000.590.930.610.93
TSLX-0.10-0.060.220.450.540.650.620.710.730.720.591.000.600.770.62
SCHD-0.04-0.130.290.400.620.540.560.580.580.610.930.601.000.620.91
ARCC-0.10-0.120.210.450.520.640.610.670.760.720.610.770.621.000.63
CGDV-0.02-0.130.300.410.600.530.560.600.610.640.930.620.910.631.00