2024 levaraged
Asset Allocation
| Position | Category/Sector | Weight |
|---|---|---|
QQQ Invesco QQQ | Large Cap Blend Equities | 40% |
SOXL Direxion Daily Semiconductor Bull 3x Shares | Leveraged Equities, Leveraged | 10% |
SOXX iShares PHLX Semiconductor ETF | Technology Equities | 10% |
SPXL Direxion Daily S&P 500 Bull 3X Shares | Leveraged Equities, Leveraged | 20% |
TQQQ ProShares UltraPro QQQ | Leveraged Equities, Leveraged | 20% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in 2024 levaraged, 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
The earliest data available for this chart is Mar 11, 2010, corresponding to the inception date of SOXL
Returns By Period
As of Jul 22, 2024, the 2024 levaraged returned 30.99% Year-To-Date and 29.43% of annualized return in the last 10 years.
| Year-To-Date | 1 month | 6 months | 1 year | 5 years (annualized) | 10 years (annualized) | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | 16.48% | 1.67% | 14.21% | 21.98% | 13.13% | 10.91% |
| 2024 levaraged | 33.65% | -1.50% | 25.86% | 53.06% | 31.58% | 29.87% |
| Portfolio components: | ||||||
QQQ Invesco QQQ | 17.70% | 0.25% | 13.82% | 28.63% | 20.85% | 18.40% |
TQQQ ProShares UltraPro QQQ | 45.77% | -1.02% | 33.38% | 73.80% | 34.88% | 36.52% |
SOXL Direxion Daily Semiconductor Bull 3x Shares | 61.51% | -12.93% | 41.19% | 104.47% | 32.54% | 41.61% |
SPXL Direxion Daily S&P 500 Bull 3X Shares | 43.63% | 1.47% | 36.72% | 56.46% | 22.92% | 23.56% |
SOXX iShares PHLX Semiconductor ETF | 26.61% | -2.89% | 20.12% | 45.23% | 31.29% | 28.54% |
Monthly Returns
The table below presents the monthly returns of 2024 levaraged, 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 | 2.57% | 12.44% | 4.20% | -9.53% | 12.32% | 10.24% | 33.65% | ||||||
| 2023 | 21.02% | -2.29% | 15.52% | -1.98% | 13.26% | 12.53% | 7.49% | -5.35% | -10.85% | -6.77% | 22.94% | 13.58% | 101.44% |
| 2022 | -16.37% | -7.37% | 5.27% | -23.58% | -1.12% | -19.12% | 25.24% | -12.59% | -20.84% | 8.17% | 14.73% | -16.87% | -55.45% |
| 2021 | 0.31% | 3.57% | 3.85% | 8.78% | -0.51% | 9.87% | 4.21% | 6.83% | -10.39% | 14.89% | 6.18% | 4.31% | 62.86% |
| 2020 | 1.22% | -12.67% | -25.28% | 27.82% | 11.98% | 10.07% | 13.80% | 18.81% | -9.83% | -5.16% | 26.43% | 9.60% | 66.71% |
| 2019 | 17.63% | 7.61% | 6.15% | 12.83% | -18.82% | 16.77% | 5.07% | -4.99% | 3.32% | 7.65% | 7.94% | 9.17% | 88.06% |
| 2018 | 15.85% | -4.71% | -7.31% | -2.62% | 11.23% | -0.62% | 6.24% | 8.72% | -1.10% | -17.64% | 1.05% | -15.93% | -11.96% |
| 2017 | 7.81% | 7.98% | 3.77% | 2.95% | 8.08% | -4.57% | 7.21% | 2.96% | 2.94% | 9.74% | 3.42% | 0.55% | 66.35% |
| 2016 | -13.14% | -1.58% | 14.25% | -4.89% | 8.49% | -3.09% | 14.29% | 3.25% | 3.85% | -3.28% | 5.46% | 3.47% | 26.32% |
| 2015 | -6.02% | 14.57% | -4.71% | 1.78% | 6.27% | -7.24% | 3.69% | -13.18% | -4.45% | 21.67% | 1.61% | -3.94% | 5.15% |
| 2014 | -4.74% | 10.59% | -0.63% | -1.09% | 7.53% | 7.05% | -1.65% | 10.10% | -2.20% | 3.36% | 9.22% | -2.63% | 38.74% |
| 2013 | 8.92% | 2.67% | 6.06% | 4.12% | 7.40% | -3.96% | 10.72% | -3.99% | 10.00% | 8.82% | 5.68% | 6.65% | 82.67% |
Expense Ratio
2024 levaraged features an expense ratio of 0.62%, falling within the medium range. 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 2024 levaraged is 36, suggesting that the investment has average results relative to other portfolios in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
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 | |
|---|---|---|---|---|---|
QQQ Invesco QQQ | 1.83 | 2.50 | 1.31 | 2.09 | 9.17 |
TQQQ ProShares UltraPro QQQ | 1.58 | 2.08 | 1.26 | 1.15 | 7.12 |
SOXL Direxion Daily Semiconductor Bull 3x Shares | 1.25 | 1.87 | 1.23 | 1.31 | 4.75 |
SPXL Direxion Daily S&P 500 Bull 3X Shares | 1.74 | 2.29 | 1.28 | 1.11 | 6.07 |
SOXX iShares PHLX Semiconductor ETF | 1.59 | 2.15 | 1.27 | 2.62 | 6.52 |
Dividends
Dividend yield
2024 levaraged granted a 0.76% dividend yield in the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 levaraged | 0.76% | 0.82% | 0.73% | 0.26% | 0.35% | 0.64% | 0.86% | 1.21% | 1.01% | 0.53% | 0.73% | 0.52% |
| Portfolio components: | ||||||||||||
QQQ Invesco QQQ | 0.60% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.01% |
TQQQ ProShares UltraPro QQQ | 1.17% | 1.26% | 0.57% | 0.00% | 0.00% | 0.06% | 0.11% | 0.00% | 0.00% | 0.01% | 0.03% | 0.00% |
SOXL Direxion Daily Semiconductor Bull 3x Shares | 0.56% | 0.51% | 1.07% | 0.04% | 0.05% | 0.38% | 1.30% | 0.09% | 4.84% | 0.00% | 0.00% | 0.00% |
SPXL Direxion Daily S&P 500 Bull 3X Shares | 0.83% | 0.98% | 0.32% | 0.11% | 0.22% | 0.84% | 1.02% | 3.88% | 0.00% | 0.00% | 0.00% | 0.00% |
SOXX iShares PHLX Semiconductor ETF | 0.60% | 0.78% | 1.25% | 0.64% | 0.81% | 1.23% | 1.37% | 0.90% | 1.08% | 1.29% | 1.56% | 1.18% |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the 2024 levaraged. 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 2024 levaraged was 60.46%, occurring on Oct 14, 2022. Recovery took 344 trading sessions.
The current 2024 levaraged drawdown is 11.58%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -60.46% | Dec 28, 2021 | 202 | Oct 14, 2022 | 344 | Feb 29, 2024 | 546 |
| -52.8% | Feb 20, 2020 | 22 | Mar 20, 2020 | 83 | Jul 20, 2020 | 105 |
| -39.12% | Aug 30, 2018 | 80 | Dec 24, 2018 | 77 | Apr 16, 2019 | 157 |
| -36.24% | Feb 18, 2011 | 157 | Oct 3, 2011 | 101 | Feb 28, 2012 | 258 |
| -31.11% | Apr 26, 2010 | 49 | Jul 2, 2010 | 87 | Nov 4, 2010 | 136 |
Volatility
Volatility Chart
The current 2024 levaraged volatility is 11.00%, 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
| SPXL | SOXX | SOXL | TQQQ | QQQ | |
|---|---|---|---|---|---|
| SPXL | 1.00 | 0.77 | 0.77 | 0.90 | 0.90 |
| SOXX | 0.77 | 1.00 | 1.00 | 0.83 | 0.83 |
| SOXL | 0.77 | 1.00 | 1.00 | 0.83 | 0.83 |
| TQQQ | 0.90 | 0.83 | 0.83 | 1.00 | 1.00 |
| QQQ | 0.90 | 0.83 | 0.83 | 1.00 | 1.00 |