BTC, GOLD and UUP
Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
BTC-USD Bitcoin | 5% | |
IAU iShares Gold Trust | Precious Metals, Gold | 20% |
SVARX Spectrum Low Volatility Fund | Nontraditional Bonds | 25% |
UUP Invesco DB US Dollar Index Bullish Fund | Currency | 50% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in BTC, GOLD and UUP, 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 Dec 16, 2013, corresponding to the inception date of SVARX
Returns By Period
As of Apr 20, 2025, the BTC, GOLD and UUP returned 0.94% Year-To-Date and 10.86% of annualized return in the last 10 years.
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | -10.18% | -6.71% | -9.92% | 6.35% | 13.40% | 9.65% |
| BTC, GOLD and UUP | 0.94% | -0.30% | 4.93% | 9.61% | 10.65% | 10.86% |
| Portfolio components: | ||||||
BTC-USD Bitcoin | -9.61% | 0.34% | 23.53% | 32.28% | 65.16% | 80.21% |
UUP Invesco DB US Dollar Index Bullish Fund | -7.21% | -3.91% | -1.72% | -1.27% | 2.47% | 2.05% |
IAU iShares Gold Trust | 26.50% | 9.04% | 21.92% | 38.75% | 14.06% | 10.56% |
SVARX Spectrum Low Volatility Fund | 0.21% | -0.80% | -0.49% | 3.45% | 6.02% | 6.43% |
Monthly Returns
The table below presents the monthly returns of BTC, GOLD and UUP, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 2.14% | -0.54% | 0.31% | -0.95% | 0.94% | ||||||||
| 2024 | 1.07% | 2.66% | 3.47% | 0.72% | 0.30% | 0.66% | 0.93% | -0.64% | 1.69% | 2.77% | 2.66% | 0.88% | 18.49% |
| 2023 | 3.47% | -0.21% | 2.10% | -0.03% | 0.69% | -0.08% | 0.17% | 0.50% | 0.68% | 3.45% | 0.73% | 1.45% | 13.61% |
| 2022 | -0.91% | 1.52% | 1.23% | 0.89% | -1.99% | -0.33% | 1.26% | -0.37% | 0.95% | -0.30% | -1.09% | -0.61% | 0.19% |
| 2021 | 0.67% | 1.16% | 3.35% | -0.19% | -0.73% | -0.43% | 1.36% | 1.05% | -0.28% | 2.28% | 0.14% | -0.61% | 7.96% |
| 2020 | 3.39% | 0.12% | -1.12% | 3.42% | 1.76% | 0.61% | 2.51% | -0.13% | -0.77% | 1.28% | 1.62% | 4.92% | 18.88% |
| 2019 | 0.89% | 1.35% | 0.86% | 2.08% | 4.16% | 4.62% | 1.36% | 1.45% | -0.81% | 0.07% | -1.10% | 0.26% | 16.11% |
| 2018 | -2.35% | 0.36% | -1.35% | 2.57% | -0.19% | -1.12% | 0.89% | -0.44% | -0.20% | 1.04% | -1.67% | 0.31% | -2.22% |
| 2017 | 0.09% | 2.89% | -0.92% | 1.15% | 3.93% | 0.01% | 0.23% | 4.53% | -1.03% | 3.36% | 3.61% | 3.54% | 23.36% |
| 2016 | 0.81% | 2.38% | -1.33% | 1.36% | 1.52% | 3.20% | 0.25% | -0.15% | 0.05% | 1.74% | 0.44% | 2.45% | 13.40% |
| 2015 | 2.70% | -0.10% | 0.70% | -1.86% | 1.15% | -0.71% | -0.12% | -1.19% | -0.30% | 2.57% | 1.34% | 0.17% | 4.33% |
| 2014 | 1.80% | -1.21% | -1.13% | -0.31% | 2.02% | 1.04% | -0.20% | -0.19% | -0.18% | -0.60% | 1.25% | 0.63% | 2.90% |
Expense Ratio
BTC, GOLD and UUP has a high expense ratio of 1.01%, indicating above-average management fees. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 95, BTC, GOLD and UUP is among the top 5% of portfolios on our website when it comes to balancing risk and reward. Below is 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 | |
|---|---|---|---|---|---|
BTC-USD Bitcoin | 1.20 | 1.85 | 1.19 | 0.90 | 5.47 |
UUP Invesco DB US Dollar Index Bullish Fund | -0.02 | 0.02 | 1.00 | -0.16 | -0.07 |
IAU iShares Gold Trust | 3.54 | 4.65 | 1.62 | 2.86 | 18.66 |
SVARX Spectrum Low Volatility Fund | 0.93 | 1.30 | 1.18 | 0.13 | 2.13 |
Dividends
Dividend yield
BTC, GOLD and UUP provided a 4.41% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 4.41% | 4.58% | 4.06% | 0.44% | 1.46% | 1.11% | 2.24% | 1.14% | 1.77% | 2.27% | 0.75% | 0.71% |
| Portfolio components: | ||||||||||||
BTC-USD Bitcoin | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
UUP Invesco DB US Dollar Index Bullish Fund | 4.82% | 4.48% | 6.45% | 0.89% | 0.00% | 0.00% | 2.03% | 1.08% | 0.10% | 0.00% | 0.00% | 0.00% |
IAU iShares Gold Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SVARX Spectrum Low Volatility Fund | 8.00% | 9.35% | 3.35% | 0.00% | 5.85% | 4.46% | 4.91% | 2.41% | 6.90% | 9.07% | 3.02% | 2.82% |
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 BTC, GOLD and UUP. 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 BTC, GOLD and UUP was 9.56%, occurring on Feb 5, 2018. Recovery took 475 trading sessions.
The current BTC, GOLD and UUP drawdown is 1.78%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -9.56% | Dec 17, 2017 | 51 | Feb 5, 2018 | 475 | May 26, 2019 | 526 |
| -5.85% | Feb 24, 2020 | 22 | Mar 16, 2020 | 38 | Apr 23, 2020 | 60 |
| -5.46% | Mar 16, 2015 | 162 | Aug 24, 2015 | 115 | Dec 17, 2015 | 277 |
| -4.55% | Jun 12, 2017 | 35 | Jul 16, 2017 | 29 | Aug 14, 2017 | 64 |
| -3.9% | Nov 16, 2021 | 80 | Feb 3, 2022 | 33 | Mar 8, 2022 | 113 |
Volatility
Volatility Chart
The current BTC, GOLD and UUP volatility is 1.97%, 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
| BTC-USD | SVARX | IAU | UUP | |
|---|---|---|---|---|
| BTC-USD | 1.00 | 0.06 | 0.07 | -0.08 |
| SVARX | 0.06 | 1.00 | 0.15 | -0.19 |
| IAU | 0.07 | 0.15 | 1.00 | -0.42 |
| UUP | -0.08 | -0.19 | -0.42 | 1.00 |