Alt
Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
IAU iShares Gold Trust | Precious Metals, Gold | 100% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Alt, 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 Jan 28, 2005, corresponding to the inception date of IAU
Returns By Period
As of Apr 22, 2025, the Alt returned 30.46% Year-To-Date and 11.01% of annualized return in the last 10 years.
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | -12.30% | -8.99% | -11.89% | 3.84% | 13.06% | 9.34% |
| Alt | 30.46% | 13.38% | 25.71% | 43.09% | 14.58% | 11.01% |
| Portfolio components: | ||||||
IAU iShares Gold Trust | 30.46% | 13.38% | 25.71% | 43.09% | 14.58% | 11.01% |
Monthly Returns
The table below presents the monthly returns of Alt, 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 | 6.79% | 1.89% | 9.45% | 9.55% | 30.46% | ||||||||
| 2024 | -1.38% | 0.42% | 8.69% | 3.07% | 1.59% | -0.14% | 5.39% | 2.12% | 5.12% | 4.31% | -3.07% | -1.47% | 26.85% |
| 2023 | 5.78% | -5.38% | 7.94% | 0.91% | -1.35% | -2.18% | 2.23% | -1.21% | -4.79% | 7.43% | 2.53% | 1.27% | 12.84% |
| 2022 | -1.69% | 6.11% | 1.43% | -2.14% | -3.25% | -1.61% | -2.51% | -2.96% | -2.87% | -1.74% | 8.46% | 2.95% | -0.63% |
| 2021 | -3.20% | -6.32% | -1.09% | 3.63% | 7.60% | -7.03% | 2.52% | -0.09% | -3.24% | 1.56% | -0.74% | 3.36% | -4.00% |
| 2020 | 4.62% | -0.66% | -0.00% | 6.90% | 2.61% | 2.78% | 11.01% | -0.48% | -4.16% | -0.56% | -5.25% | 6.96% | 25.03% |
| 2019 | 2.85% | -0.47% | -1.59% | -0.73% | 1.79% | 7.91% | 0.15% | 7.69% | -3.16% | 2.55% | -3.32% | 3.72% | 17.98% |
| 2018 | 3.28% | -2.01% | 0.55% | -0.86% | -1.27% | -3.53% | -2.33% | -2.04% | -0.61% | 2.10% | 0.34% | 4.95% | -1.76% |
| 2017 | 5.32% | 3.17% | -0.25% | 1.67% | -0.08% | -2.13% | 2.35% | 4.09% | -3.22% | -0.81% | 0.33% | 2.12% | 12.91% |
| 2016 | 5.38% | 11.22% | -0.92% | 5.05% | -6.09% | 8.87% | 2.04% | -3.23% | 0.71% | -2.92% | -8.36% | -1.86% | 8.31% |
| 2015 | 8.65% | -5.79% | -2.22% | -0.09% | 0.61% | -1.48% | -6.70% | 3.78% | -1.82% | 2.23% | -6.72% | -0.49% | -10.58% |
| 2014 | 3.34% | 6.46% | -3.19% | 0.48% | -2.96% | 6.18% | -3.57% | 0.32% | -6.10% | -2.99% | -0.53% | 1.33% | -2.05% |
Expense Ratio
Alt has an expense ratio of 0.25%, which is considered low. 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 98, Alt is among the top 2% 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 | |
|---|---|---|---|---|---|
IAU iShares Gold Trust | 2.66 | 3.50 | 1.46 | 5.41 | 14.57 |
Dividends
Dividend yield
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 Alt. 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 Alt was 45.14%, occurring on Dec 2, 2015. Recovery took 1169 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -45.14% | Aug 23, 2011 | 1077 | Dec 2, 2015 | 1169 | Jul 27, 2020 | 2246 |
| -29.23% | Mar 18, 2008 | 168 | Nov 12, 2008 | 211 | Sep 16, 2009 | 379 |
| -21.99% | May 12, 2006 | 23 | Jun 14, 2006 | 317 | Sep 18, 2007 | 340 |
| -21.82% | Aug 7, 2020 | 538 | Sep 26, 2022 | 360 | Mar 4, 2024 | 898 |
| -12.71% | Dec 3, 2009 | 45 | Feb 8, 2010 | 64 | May 11, 2010 | 109 |
Volatility
Volatility Chart
The current Alt volatility is 7.41%, 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
Diversification Metrics
Number of Effective Assets
The portfolio contains 1 assets, with an effective number of assets of 1.00, reflecting the diversification based on asset allocation. This number of effective assets suggests a highly concentrated portfolio, where a few assets dominate the allocation, potentially increasing the portfolio's risk due to lack of diversification.