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2024 levaraged

Last updated Mar 2, 2024

Asset Allocation


QQQ 40%TQQQ 20%SPXL 20%SOXL 10%SOXX 10%EquityEquity
PositionCategory/SectorWeight
QQQ
Invesco QQQ
Large Cap Blend Equities

40%

TQQQ
ProShares UltraPro QQQ
Leveraged Equities, Leveraged

20%

SPXL
Direxion Daily S&P 500 Bull 3X Shares
Leveraged Equities, Leveraged

20%

SOXL
Direxion Daily Semiconductor Bull 3x Shares
Leveraged Equities, Leveraged

10%

SOXX
iShares PHLX Semiconductor ETF
Technology Equities

10%

S&P 500

Performance

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


0.00%1,000.00%2,000.00%3,000.00%4,000.00%OctoberNovemberDecember2024FebruaryMarch
3,864.65%
346.61%
2024 levaraged
Benchmark (^GSPC)
Portfolio components

The earliest data available for this chart is Mar 11, 2010, corresponding to the inception date of SOXL

Returns

As of Mar 2, 2024, the 2024 levaraged returned 19.72% Year-To-Date and 29.80% of annualized return in the last 10 years.


Year-To-Date1 month6 months1 year5 years (annualized)10 years (annualized)
^GSPC
S&P 500
7.70%6.01%13.76%29.03%12.89%10.63%
2024 levaraged19.72%11.18%38.67%95.24%33.60%29.74%
QQQ
Invesco QQQ
8.81%3.87%18.48%49.72%21.50%18.26%
TQQQ
ProShares UltraPro QQQ
24.52%10.29%50.46%173.67%37.79%36.72%
SOXL
Direxion Daily Semiconductor Bull 3x Shares
53.92%43.63%101.99%210.37%42.19%43.56%
SPXL
Direxion Daily S&P 500 Bull 3X Shares
22.17%10.36%38.26%81.10%23.99%23.52%
SOXX
iShares PHLX Semiconductor ETF
18.01%13.98%33.52%63.55%31.28%25.67%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20242.57%12.36%
2023-5.35%-10.91%-6.77%22.94%13.54%

Sharpe Ratio

The current 2024 levaraged Sharpe ratio is 3.19. A Sharpe ratio of 3.0 or higher is considered excellent.

0.002.004.003.19

The Sharpe ratio of 2024 levaraged 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 Ratio0.501.001.502.002.503.00OctoberNovemberDecember2024FebruaryMarch
3.19
2.44
2024 levaraged
Benchmark (^GSPC)
Portfolio components

Dividend yield

2024 levaraged granted a 0.69% dividend yield in the last twelve months.


TTM20232022202120202019201820172016201520142013
2024 levaraged0.69%0.82%0.73%0.26%0.35%0.64%0.86%1.21%1.01%0.53%0.73%0.52%
QQQ
Invesco QQQ
0.57%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
1.01%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
0.33%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
0.80%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
0.66%0.78%1.26%0.64%0.81%1.23%1.37%0.90%1.08%1.29%1.56%1.18%

Expense Ratio

The 2024 levaraged has a high expense ratio of 0.62%, indicating higher-than-average management fees. 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%1.02%
0.50%1.00%1.50%2.00%0.99%
0.50%1.00%1.50%2.00%0.95%
0.50%1.00%1.50%2.00%0.46%
0.50%1.00%1.50%2.00%0.20%

Risk-Adjusted Performance

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 ratioSortino ratioOmega ratioCalmar ratioUlcer Index
^GSPC
S&P 500
2.44
2024 levaraged
3.19
QQQ
Invesco QQQ
3.28
TQQQ
ProShares UltraPro QQQ
4.01
SOXL
Direxion Daily Semiconductor Bull 3x Shares
2.83
SPXL
Direxion Daily S&P 500 Bull 3X Shares
2.56
SOXX
iShares PHLX Semiconductor ETF
2.44

Asset Correlations Table

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

SPXLSOXLSOXXTQQQQQQ
SPXL1.000.780.780.900.90
SOXL0.781.001.000.830.83
SOXX0.781.001.000.830.83
TQQQ0.900.830.831.001.00
QQQ0.900.830.831.001.00

Drawdowns Chart

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


-40.00%-30.00%-20.00%-10.00%0.00%OctoberNovemberDecember2024FebruaryMarch00
2024 levaraged
Benchmark (^GSPC)
Portfolio components

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 60.53%, occurring on Oct 14, 2022. Recovery took 344 trading sessions.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-60.53%Dec 28, 2021202Oct 14, 2022344Feb 29, 2024546
-52.8%Feb 20, 202022Mar 20, 202083Jul 20, 2020105
-39.2%Aug 30, 201880Dec 24, 201877Apr 16, 2019157
-36.32%Feb 18, 2011157Oct 3, 2011101Feb 28, 2012258
-31.17%Apr 26, 201049Jul 2, 201087Nov 4, 2010136

Volatility Chart

The current 2024 levaraged volatility is 9.75%, 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.


2.00%4.00%6.00%8.00%10.00%12.00%OctoberNovemberDecember2024FebruaryMarch
9.75%
3.47%
2024 levaraged
Benchmark (^GSPC)
Portfolio components
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