Passive Income
Asset Allocation
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 every 3 months.
The earliest data available for this chart is Feb 24, 2022, corresponding to the inception date of CGDV
Returns By Period
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | -0.77% | -3.55% | 3.64% | 22.00% | 12.20% | 11.23% |
| Passive Income | -1.02% | -0.54% | 2.53% | 12.65% | N/A | N/A |
| Portfolio components: | ||||||
ARCC Ares Capital Corporation | 0.96% | 1.89% | 10.03% | 18.73% | 13.70% | 13.82% |
MAIN Main Street Capital Corporation | -0.56% | 5.27% | 18.73% | 43.95% | 14.06% | 16.32% |
HTGC Hercules Capital, Inc. | -1.14% | 2.32% | -3.33% | 22.87% | 18.98% | 14.72% |
BXSL Blackstone Secured Lending Fund | -1.05% | 2.54% | 10.02% | 24.73% | N/A | N/A |
TSLX Sixth Street Specialty Lending, Inc. | -0.99% | 0.86% | 2.51% | 9.46% | 12.32% | 13.89% |
SCHD Schwab US Dividend Equity ETF | -0.07% | -2.95% | 2.64% | 11.37% | 10.83% | 11.08% |
VIG Vanguard Dividend Appreciation ETF | -0.87% | -3.50% | 2.81% | 15.91% | 10.98% | 11.48% |
CSWC Capital Southwest Corporation | -0.46% | -0.05% | -14.76% | -4.94% | 13.09% | 13.19% |
OBDC Blue Owl Capital Corporation | -1.85% | -0.57% | 1.24% | 10.03% | 8.75% | N/A |
GAIN Gladstone Investment Corporation | -4.53% | -6.07% | -3.35% | -3.53% | 10.01% | 16.79% |
ABR Arbor Realty Trust, Inc. | -4.98% | -8.93% | 1.97% | 1.15% | 8.97% | 17.54% |
CGDV Capital Group Dividend Value ETF | -0.60% | -3.00% | 2.39% | 19.78% | N/A | N/A |
USFR WisdomTree Bloomberg Floating Rate Treasury Fund | 0.18% | 0.44% | 2.48% | 5.45% | 2.63% | 2.47% |
TFLO iShares Treasury Floating Rate Bond ETF | 0.18% | 0.41% | 2.47% | 5.30% | 2.58% | 1.95% |
FLOT iShares Floating Rate Bond ETF | 0.18% | 0.45% | 2.87% | 6.36% | 3.08% | 2.45% |
Monthly Returns
The table below presents the monthly returns of Passive Income, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.86% | 1.59% | 3.48% | 0.57% | 2.21% | 0.75% | 1.31% | -0.87% | 2.45% | 0.13% | 2.59% | -0.34% | 15.67% |
| 2023 | 6.09% | 1.45% | -3.67% | 1.78% | 0.83% | 4.88% | 5.07% | -0.86% | 0.15% | -3.10% | 5.22% | 5.09% | 24.72% |
| 2022 | 1.56% | 0.86% | -3.08% | -2.96% | -6.05% | 6.94% | -2.36% | -10.18% | 9.35% | 3.94% | -3.68% | -7.07% |
Expense Ratio
Passive Income has an expense ratio of 0.06%, which is considered low compared to other funds. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of Passive Income is 38, indicating average performance compared to other portfolios on our website. Here’s a breakdown of how it compares using common performance measures.
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.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|
ARCC Ares Capital Corporation | 1.62 | 2.26 | 1.29 | 2.69 | 11.12 |
MAIN Main Street Capital Corporation | 3.09 | 3.91 | 1.59 | 4.58 | 17.43 |
HTGC Hercules Capital, Inc. | 1.09 | 1.40 | 1.23 | 1.30 | 3.89 |
BXSL Blackstone Secured Lending Fund | 1.75 | 2.35 | 1.31 | 2.58 | 7.55 |
TSLX Sixth Street Specialty Lending, Inc. | 0.69 | 1.03 | 1.13 | 1.09 | 3.16 |
SCHD Schwab US Dividend Equity ETF | 0.99 | 1.47 | 1.17 | 1.41 | 4.11 |
VIG Vanguard Dividend Appreciation ETF | 1.54 | 2.16 | 1.28 | 3.00 | 8.72 |
CSWC Capital Southwest Corporation | -0.26 | -0.20 | 0.97 | -0.26 | -0.64 |
OBDC Blue Owl Capital Corporation | 0.77 | 1.14 | 1.14 | 0.79 | 1.83 |
GAIN Gladstone Investment Corporation | -0.20 | -0.14 | 0.98 | -0.29 | -0.77 |
ABR Arbor Realty Trust, Inc. | -0.05 | 0.18 | 1.02 | -0.06 | -0.18 |
CGDV Capital Group Dividend Value ETF | 1.70 | 2.37 | 1.31 | 3.70 | 11.20 |
USFR WisdomTree Bloomberg Floating Rate Treasury Fund | 16.44 | 57.52 | 14.49 | 92.34 | 793.04 |
TFLO iShares Treasury Floating Rate Bond ETF | 16.62 | 64.14 | 16.22 | 210.54 | 993.14 |
FLOT iShares Floating Rate Bond ETF | 8.27 | 14.98 | 4.90 | 14.60 | 160.78 |
Dividends
Dividend yield
Passive Income provided a 7.88% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 7.88% | 7.76% | 8.14% | 7.60% | 5.13% | 5.42% | 5.17% | 5.08% | 4.54% | 3.99% | 4.25% | 4.00% |
| Portfolio components: | ||||||||||||
ARCC Ares Capital Corporation | 8.69% | 8.77% | 9.59% | 10.12% | 7.65% | 9.47% | 9.01% | 9.88% | 9.67% | 9.22% | 11.02% | 10.06% |
MAIN Main Street Capital Corporation | 7.16% | 7.07% | 8.70% | 7.97% | 5.74% | 6.99% | 6.76% | 8.43% | 7.02% | 7.42% | 9.15% | 8.72% |
HTGC Hercules Capital, Inc. | 8.06% | 7.96% | 11.40% | 14.90% | 9.34% | 9.57% | 9.49% | 11.40% | 9.45% | 8.79% | 10.17% | 8.33% |
BXSL Blackstone Secured Lending Fund | 9.63% | 9.53% | 10.64% | 13.02% | 1.56% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TSLX Sixth Street Specialty Lending, Inc. | 12.09% | 11.97% | 9.72% | 10.34% | 15.35% | 11.08% | 8.43% | 9.84% | 10.81% | 8.35% | 9.62% | 9.10% |
SCHD Schwab US Dividend Equity ETF | 3.64% | 3.64% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% |
VIG Vanguard Dividend Appreciation ETF | 1.74% | 1.73% | 1.88% | 1.96% | 1.55% | 1.63% | 1.71% | 2.08% | 1.88% | 2.14% | 2.34% | 1.95% |
CSWC Capital Southwest Corporation | 11.65% | 11.59% | 10.21% | 12.75% | 10.13% | 11.49% | 13.07% | 5.88% | 7.01% | 2.31% | 0.00% | 0.00% |
OBDC Blue Owl Capital Corporation | 11.59% | 11.38% | 10.77% | 11.17% | 8.76% | 7.98% | 3.47% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GAIN Gladstone Investment Corporation | 13.12% | 12.53% | 17.24% | 9.88% | 6.06% | 9.22% | 7.74% | 9.88% | 7.94% | 8.87% | 9.68% | 11.00% |
ABR Arbor Realty Trust, Inc. | 13.07% | 12.42% | 11.07% | 11.68% | 7.53% | 8.67% | 7.94% | 10.03% | 8.33% | 8.31% | 8.11% | 7.68% |
CGDV Capital Group Dividend Value ETF | 1.61% | 1.60% | 1.66% | 1.36% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
USFR WisdomTree Bloomberg Floating Rate Treasury Fund | 5.16% | 5.17% | 5.12% | 1.78% | 0.01% | 0.40% | 2.08% | 1.67% | 1.04% | 0.29% | 0.00% | 0.00% |
TFLO iShares Treasury Floating Rate Bond ETF | 5.20% | 5.21% | 4.89% | 1.67% | 0.00% | 0.36% | 2.08% | 1.65% | 0.86% | 0.30% | 0.15% | 0.08% |
FLOT iShares Floating Rate Bond ETF | 5.81% | 5.82% | 5.66% | 2.06% | 0.43% | 1.25% | 2.78% | 2.41% | 1.45% | 0.97% | 0.53% | 0.44% |
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.
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 18.69%, occurring on Sep 30, 2022. Recovery took 192 trading sessions.
The current Passive Income drawdown is 1.66%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -18.69% | Apr 21, 2022 | 113 | Sep 30, 2022 | 192 | Jul 10, 2023 | 305 |
| -6.42% | Jul 12, 2024 | 17 | Aug 5, 2024 | 32 | Sep 19, 2024 | 49 |
| -5.6% | Aug 8, 2023 | 58 | Oct 27, 2023 | 12 | Nov 14, 2023 | 70 |
| -3.82% | Oct 21, 2024 | 11 | Nov 4, 2024 | 18 | Nov 29, 2024 | 29 |
| -3.31% | Dec 2, 2024 | 13 | Dec 18, 2024 | 9 | Jan 2, 2025 | 22 |
Volatility
Volatility Chart
The current Passive Income volatility is 2.84%, 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.
Diversification
Asset Correlations Table
| USFR | TFLO | FLOT | BXSL | ABR | GAIN | CSWC | OBDC | HTGC | MAIN | TSLX | VIG | SCHD | CGDV | ARCC | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| USFR | 1.00 | 0.28 | 0.08 | -0.02 | -0.05 | -0.03 | -0.05 | -0.05 | -0.07 | -0.05 | -0.03 | -0.01 | -0.02 | -0.02 | -0.07 |
| TFLO | 0.28 | 1.00 | 0.08 | -0.05 | -0.05 | -0.07 | -0.06 | -0.07 | -0.06 | -0.06 | -0.01 | -0.10 | -0.10 | -0.11 | -0.08 |
| FLOT | 0.08 | 0.08 | 1.00 | 0.16 | 0.18 | 0.12 | 0.19 | 0.19 | 0.17 | 0.18 | 0.21 | 0.29 | 0.27 | 0.28 | 0.20 |
| BXSL | -0.02 | -0.05 | 0.16 | 1.00 | 0.31 | 0.36 | 0.42 | 0.45 | 0.45 | 0.43 | 0.46 | 0.39 | 0.38 | 0.40 | 0.48 |
| ABR | -0.05 | -0.05 | 0.18 | 0.31 | 1.00 | 0.42 | 0.46 | 0.47 | 0.51 | 0.47 | 0.49 | 0.55 | 0.58 | 0.57 | 0.49 |
| GAIN | -0.03 | -0.07 | 0.12 | 0.36 | 0.42 | 1.00 | 0.48 | 0.52 | 0.56 | 0.56 | 0.56 | 0.48 | 0.50 | 0.50 | 0.56 |
| CSWC | -0.05 | -0.06 | 0.19 | 0.42 | 0.46 | 0.48 | 1.00 | 0.56 | 0.60 | 0.63 | 0.62 | 0.48 | 0.50 | 0.51 | 0.63 |
| OBDC | -0.05 | -0.07 | 0.19 | 0.45 | 0.47 | 0.52 | 0.56 | 1.00 | 0.64 | 0.65 | 0.70 | 0.52 | 0.53 | 0.56 | 0.73 |
| HTGC | -0.07 | -0.06 | 0.17 | 0.45 | 0.51 | 0.56 | 0.60 | 0.64 | 1.00 | 0.70 | 0.68 | 0.53 | 0.55 | 0.58 | 0.66 |
| MAIN | -0.05 | -0.06 | 0.18 | 0.43 | 0.47 | 0.56 | 0.63 | 0.65 | 0.70 | 1.00 | 0.69 | 0.58 | 0.57 | 0.60 | 0.70 |
| TSLX | -0.03 | -0.01 | 0.21 | 0.46 | 0.49 | 0.56 | 0.62 | 0.70 | 0.68 | 0.69 | 1.00 | 0.55 | 0.56 | 0.58 | 0.75 |
| VIG | -0.01 | -0.10 | 0.29 | 0.39 | 0.55 | 0.48 | 0.48 | 0.52 | 0.53 | 0.58 | 0.55 | 1.00 | 0.89 | 0.93 | 0.58 |
| SCHD | -0.02 | -0.10 | 0.27 | 0.38 | 0.58 | 0.50 | 0.50 | 0.53 | 0.55 | 0.57 | 0.56 | 0.89 | 1.00 | 0.87 | 0.60 |
| CGDV | -0.02 | -0.11 | 0.28 | 0.40 | 0.57 | 0.50 | 0.51 | 0.56 | 0.58 | 0.60 | 0.58 | 0.93 | 0.87 | 1.00 | 0.61 |
| ARCC | -0.07 | -0.08 | 0.20 | 0.48 | 0.49 | 0.56 | 0.63 | 0.73 | 0.66 | 0.70 | 0.75 | 0.58 | 0.60 | 0.61 | 1.00 |