December ETF + stocks

Asset Allocation

Position	Category/Sector	Target Weight
AIRR First Trust RBA American Industrial Renaissance ETF	Building & Construction	7%
KCE SPDR S&P Capital Markets ETF	Financials Equities	7%
PTF Invesco DWA Technology Momentum ETF	Momentum, Technology Equities	7%
IAI iShares U.S. Broker-Dealers & Securities Exchanges ETF	Financials Equities	7%
MAGS Roundhill Magnificent Seven ETF	Technology Equities, Large Cap Growth Equities	7%
ESPO VanEck Vectors Video Gaming and eSports ETF	Large Cap Growth Equities, Technology Equities, Gaming	7%
FCLD Fidelity Cloud Computing ETF	Technology Equities, Cloud Computing	6%
FNGS MicroSectors FANG+ ETN	Large Cap Growth Equities	6%
FBCG Fidelity Blue Chip Growth ETF	Large Cap Growth Equities	6%
SPMO Invesco S&P 500 Momentum ETF	Momentum, S&P 500	5%
XMMO Invesco S&P MidCap Momentum ETF	Momentum, Mid Cap Growth Equities	5%
WUGI Esoterica NextG Economy ETF	Large Cap Growth Equities	5%
PPA Invesco Aerospace & Defense ETF	Aerospace & Defense, Industrials Equities	5%
IAK iShares U.S. Insurance ETF	Financials Equities	5%
NERD Roundhill Video Games ETF	Gaming	5%
PKB Invesco Dynamic Building & Construction ETF	Building & Construction	5%
QQH HCM Defender 100 Index ETF	Technology Equities	5%

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 December ETF + stocks, 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.

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Returns By Period

Position	1D	1M	YTD	6M	1Y	3Y*	5Y*	10Y*
Benchmark S&P 500 Index	0.50%	-0.17%	8.56%	8.85%	22.93%	19.37%	11.84%	13.61%
Portfolio December ETF + stocks	0.71%	1.21%	13.30%	12.63%	28.08%	28.82%	—	—
Portfolio components:
AIRR First Trust RBA American Industrial Renaissance ETF	0.83%	-0.02%	31.74%	28.77%	65.25%	35.29%	25.46%	22.05%
ESPO VanEck Vectors Video Gaming and eSports ETF	-0.29%	-3.31%	-15.10%	-16.17%	-14.92%	16.96%	5.49%	—
FBCG Fidelity Blue Chip Growth ETF	0.25%	-0.54%	11.31%	12.74%	32.07%	28.04%	14.46%	—
FCLD Fidelity Cloud Computing ETF	1.88%	9.94%	26.37%	24.95%	35.98%	24.61%	—	—
FNGS MicroSectors FANG+ ETN	-0.94%	-3.20%	6.79%	4.25%	17.02%	29.80%	19.76%	—
IAI iShares U.S. Broker-Dealers & Securities Exchanges ETF	1.83%	3.22%	3.17%	2.78%	19.26%	28.06%	14.44%	19.37%
IAK iShares U.S. Insurance ETF	0.68%	4.20%	1.11%	0.88%	4.33%	18.27%	13.37%	12.67%
KCE SPDR S&P Capital Markets ETF	1.60%	1.26%	3.66%	2.73%	14.27%	24.58%	12.87%	17.65%
MAGS Roundhill Magnificent Seven ETF	0.00%	-7.97%	-1.59%	-0.43%	23.09%	31.29%	—	—
NERD Roundhill Video Games ETF	-0.41%	-4.10%	-18.01%	-19.37%	-21.50%	9.13%	-8.51%	—

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

Monthly Returns

Based on dividend-adjusted daily data since Apr 11, 2023, December ETF + stocks's average daily return is +0.12%, while the average monthly return is +2.36%. At this rate, an investment would double in approximately 2.5 years.

Historically, 69% of months were positive and 31% were negative. The best month was Apr 2026 with a return of +12.2%, while the worst month was Mar 2025 at -7.4%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 3 months.

On a daily basis, December ETF + stocks closed higher 56% of trading days. The best single day was Apr 9, 2025 with a return of +10.3%, while the worst single day was Apr 4, 2025 at -6.1%.

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Total
2026	2.21%	-0.94%	-5.37%	12.21%	6.93%	-1.43%							13.30%
2025	3.85%	-3.82%	-7.38%	2.26%	9.70%	6.79%	2.59%	1.82%	4.77%	1.39%	-1.66%	-0.64%	20.17%
2024	1.11%	8.75%	3.68%	-4.61%	6.35%	3.15%	2.77%	1.14%	3.47%	0.64%	11.30%	-3.39%	38.84%
2023				0.52%	4.04%	7.76%	4.44%	-2.54%	-4.97%	-3.38%	11.31%	7.16%	25.63%

Benchmark Metrics

December ETF + stocks has an annualized alpha of 4.70%, beta of 1.24, and R2 of 0.91 versus S&P 500 Index. Calculated based on daily prices since April 11, 2023.

This portfolio captured 143.93% of S&P 500 Index gains and 108.86% of its losses - amplifying both gains and losses, but participating more in upside than downside.
This portfolio generated an annualized alpha of 4.70% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.

Alpha: 4.70%

Beta: 1.24

R²: 0.91

Upside Capture: 143.93%

Downside Capture: 108.86%

See how alpha, beta & R² have trended over time →

Expense Ratio

December ETF + stocks has an expense ratio of 0.52%, 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.

Top 10 holdings

QQH

HCM Defender 100 Index ETF

WUGI

Esoterica NextG Economy ETF

AIRR

First Trust RBA American Industrial Renaissance ETF

PTF

Invesco DWA Technology Momentum ETF

PKB

Invesco Dynamic Building & Construction ETF

FBCG

Fidelity Blue Chip Growth ETF

FNGS

MicroSectors FANG+ ETN

PPA

Invesco Aerospace & Defense ETF

ESPO

VanEck Vectors Video Gaming and eSports ETF

NERD

Roundhill Video Games ETF

Return for Risk

Risk / Return Rank

December ETF + stocks ranks 31 for risk / return — below 31% of Portfolios on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

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 December ETF + stocks and compares them with S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	Portfolio	Benchmark	Difference
Sharpe ratioReturn per unit of total volatility	1.59	1.86	-0.27
Sortino ratioReturn per unit of downside risk	2.15	2.53	-0.38
Omega ratioGain probability vs. loss probability	1.28	1.34	-0.06
Calmar ratioReturn relative to maximum drawdown	2.42	2.53	-0.11
Martin ratioReturn relative to average drawdown	9.58	11.37	-1.79

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
AIRR First Trust RBA American Industrial Renaissance ETF	86	2.50	3.22	1.40	5.01	18.33
ESPO VanEck Vectors Video Gaming and eSports ETF	4	-0.80	-1.02	0.88	-0.54	-0.94
FBCG Fidelity Blue Chip Growth ETF	53	1.66	2.24	1.29	2.12	8.07
FCLD Fidelity Cloud Computing ETF	41	1.29	1.83	1.22	2.07	5.28
FNGS MicroSectors FANG+ ETN	23	0.79	1.19	1.15	0.75	2.12
IAI iShares U.S. Broker-Dealers & Securities Exchanges ETF	29	1.00	1.43	1.18	1.17	3.33
IAK iShares U.S. Insurance ETF	15	0.29	0.50	1.06	0.57	1.27
KCE SPDR S&P Capital Markets ETF	22	0.71	1.08	1.13	0.82	2.14
MAGS Roundhill Magnificent Seven ETF	33	1.14	1.62	1.20	1.25	4.21
NERD Roundhill Video Games ETF	2	-1.09	-1.50	0.83	-0.69	-1.23

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.

The current December ETF + stocks Sharpe ratio is 1.59 as of Jun 13, 2026 (the value is recalculated daily), calculated over the past 12 months.

Compared to the broad market, where average Sharpe ratios range from 1.53 to 2.41, this portfolio's current Sharpe ratio falls between the 25th and 75th percentiles. This indicates that its risk-adjusted performance is in line with the majority of portfolios, suggesting a balanced approach to risk and return—likely suitable for a wide range of investors.

The chart below shows the rolling Sharpe ratio of December ETF + stocks 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

December ETF + stocks provided a 1.60% dividend yield over the last twelve months.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Portfolio	1.60%	1.77%	0.76%	0.69%	0.74%	0.65%	0.59%	0.58%	0.59%	0.43%	0.58%	0.50%
Portfolio components:
AIRR First Trust RBA American Industrial Renaissance ETF	0.13%	0.19%	0.18%	0.23%	0.12%	0.05%	0.10%	0.20%	0.43%	0.30%	0.08%	0.47%
ESPO VanEck Vectors Video Gaming and eSports ETF	1.47%	1.24%	0.44%	0.96%	0.91%	3.36%	0.12%	0.22%	0.04%	0.00%	0.00%	0.00%
FBCG Fidelity Blue Chip Growth ETF	0.04%	0.05%	0.12%	0.02%	0.00%	0.00%	0.01%	0.00%	0.00%	0.00%	0.00%	0.00%
FCLD Fidelity Cloud Computing ETF	0.02%	0.03%	0.13%	0.17%	0.26%	0.13%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FNGS MicroSectors FANG+ ETN	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
IAI iShares U.S. Broker-Dealers & Securities Exchanges ETF	1.05%	0.95%	1.05%	1.80%	2.14%	1.31%	1.55%	1.52%	1.58%	1.37%	1.49%	1.31%
IAK iShares U.S. Insurance ETF	2.60%	1.69%	1.49%	1.44%	1.69%	2.26%	2.07%	1.84%	2.33%	1.62%	1.68%	1.62%
KCE SPDR S&P Capital Markets ETF	1.67%	1.63%	1.56%	1.82%	2.42%	1.53%	2.20%	2.32%	2.67%	1.95%	2.30%	2.43%
MAGS Roundhill Magnificent Seven ETF	1.50%	1.48%	0.81%	0.44%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NERD Roundhill Video Games ETF	0.77%	0.63%	1.74%	1.07%	0.69%	0.02%	1.05%	0.31%	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.

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Worst Drawdowns

The table below displays the maximum drawdowns of the December ETF + stocks. 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 December ETF + stocks was 22.19%, occurring on Apr 8, 2025. Recovery took 41 trading sessions.

The current December ETF + stocks drawdown is 2.80%.

Related event	Drawdown	Fall	Recovery	Underwater
2025 selloff2025	-22.19%Apr 2025	4mo	1mo 29d	5mo 29dDec 2024 - Jun 2025
2023 correction2023	-12.08%Oct 2023	3mo 9d	1mo 5d	4mo 14dJul 2023 - Dec 2023
2026 correction2026	-11.64%Mar 2026	2mo	16d	2mo 16dJan 2026 - Apr 2026
2024 correction2024	-10.65%Aug 2024	19d	1mo 15d	2mo 4dJul 2024 - Sep 2024
2025 pullback2025	-8.11%Nov 2025	21d	1mo 17d	2mo 8dOct 2025 - Jan 2026

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 17 assets, with an effective number of assets of 16.61, reflecting the diversification based on asset allocation. Your capital is spread almost evenly across your holdings, indicating a well-balanced allocation. Note that true diversification also depends on the correlations between assets — check the diversification ratio below.

Diversification Ratio

	1Y	3Y	All Time
Diversification Ratio	1.29	1.21	1.22

The portfolio has a diversification ratio of 1.22, in line with the typical range across portfolios. There's room to improve by adding less correlated assets.

December ETF + stocks correlation to the S&P 500 Index

December ETF + stocks has a 0.94 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	0.94
Correlation (3Y) Calculated over the trailing 3-year period	0.93
Correlation (All Time) Calculated using the full available price history since Apr 11, 2023	0.94

Benchmark Correlations

Correlation vs. S&P 500 Index. FBCG has the highest benchmark correlation at 0.91, while IAK has the lowest at 0.30.

0.30

0.63

0.64

0.69

0.70

0.71

0.71

0.72

0.72

0.77

0.78

0.79

0.79

0.81

0.85

0.91

0.91

Portfolio Correlations

Correlation vs. December ETF + stocks. FBCG has the highest portfolio correlation at 0.91, while IAK has the lowest at 0.26.

0.26

0.66

0.71

0.75

0.76

0.77

0.78

0.78

0.78

0.81

0.81

0.85

0.85

0.85

0.87

0.88

0.91

Asset Correlations Table

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

	IAK	PPA	NERD	ESPO	IAI	PKB	MAGS	AIRR	FCLD	KCE	FNGS	WUGI	PTF	SPMO	XMMO	QQH	FBCG
IAK	1.00	0.39	0.16	0.16	0.43	0.35	0.03	0.34	0.12	0.46	0.01	0.01	0.10	0.22	0.38	0.08	0.09
PPA	0.39	1.00	0.42	0.43	0.60	0.66	0.37	0.74	0.47	0.63	0.38	0.43	0.53	0.59	0.71	0.46	0.51
NERD	0.16	0.42	1.00	0.88	0.50	0.49	0.56	0.47	0.57	0.51	0.57	0.59	0.56	0.54	0.53	0.61	0.65
ESPO	0.16	0.43	0.88	1.00	0.52	0.50	0.61	0.50	0.62	0.54	0.63	0.69	0.62	0.57	0.57	0.67	0.70
IAI	0.43	0.60	0.50	0.52	1.00	0.62	0.45	0.66	0.58	0.91	0.47	0.50	0.57	0.63	0.71	0.55	0.58
PKB	0.35	0.66	0.49	0.50	0.62	1.00	0.47	0.86	0.53	0.70	0.45	0.53	0.61	0.63	0.83	0.55	0.61
MAGS	0.03	0.37	0.56	0.61	0.45	0.47	1.00	0.44	0.62	0.46	0.87	0.79	0.64	0.71	0.51	0.89	0.88
AIRR	0.34	0.74	0.47	0.50	0.66	0.86	0.44	1.00	0.55	0.73	0.44	0.53	0.66	0.66	0.85	0.55	0.60
FCLD	0.12	0.47	0.57	0.62	0.58	0.53	0.62	0.55	1.00	0.60	0.71	0.75	0.75	0.61	0.63	0.72	0.72
KCE	0.46	0.63	0.51	0.54	0.91	0.70	0.46	0.73	0.60	1.00	0.47	0.51	0.59	0.60	0.76	0.55	0.59
FNGS	0.01	0.38	0.57	0.63	0.47	0.45	0.87	0.44	0.71	0.47	1.00	0.85	0.71	0.73	0.54	0.89	0.89
WUGI	0.01	0.43	0.59	0.69	0.50	0.53	0.79	0.53	0.75	0.51	0.85	1.00	0.79	0.76	0.62	0.87	0.89
PTF	0.10	0.53	0.56	0.62	0.57	0.61	0.64	0.66	0.75	0.59	0.71	0.79	1.00	0.74	0.75	0.77	0.80
SPMO	0.22	0.59	0.54	0.57	0.63	0.63	0.71	0.66	0.61	0.60	0.73	0.76	0.74	1.00	0.75	0.80	0.84
XMMO	0.38	0.71	0.53	0.57	0.71	0.83	0.51	0.85	0.63	0.76	0.54	0.62	0.75	0.75	1.00	0.63	0.69
QQH	0.08	0.46	0.61	0.67	0.55	0.55	0.89	0.55	0.72	0.55	0.89	0.87	0.77	0.80	0.63	1.00	0.93
FBCG	0.09	0.51	0.65	0.70	0.58	0.61	0.88	0.60	0.72	0.59	0.89	0.89	0.80	0.84	0.69	0.93	1.00

The correlation results are calculated based on daily price changes starting from Apr 11, 2023

Diversification Analysis

Find what December ETF + stocks is missing

See which holdings overlap, where December ETF + stocks is concentrated, and which low-correlation assets could fill the gaps.

Analyze Diversification