Asset Allocation
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in portfolio dd, 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.
Loading graphics...
The earliest data available for this chart is Mar 11, 2014, corresponding to the inception date of AIRR
Returns By Period
As of Apr 11, 2026, the portfolio dd returned 10.53% Year-To-Date and 22.78% of annualized return in the last 10 years.
| 1D | 1M | YTD | 6M | 1Y | 3Y* | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|---|---|
Benchmark S&P 500 Index | -0.11% | 0.61% | -0.42% | 4.03% | 29.40% | 18.38% | 10.55% | 12.70% |
Portfolio portfolio dd | 0.16% | 3.88% | 10.53% | 15.88% | 66.13% | 33.46% | 20.41% | 22.78% |
| Portfolio components: | ||||||||
SMH VanEck Semiconductor ETF | 1.53% | 8.94% | 21.31% | 34.70% | 123.35% | 51.47% | 28.60% | 33.21% |
IYW iShares U.S. Technology ETF | 0.33% | 0.87% | -2.67% | 0.83% | 46.45% | 29.04% | 15.99% | 22.58% |
AIRR First Trust RBA American Industrial Renaissance ETF | -0.24% | 7.28% | 22.47% | 28.01% | 82.89% | 38.10% | 24.05% | 21.49% |
IAI iShares U.S. Broker-Dealers & Securities Exchanges ETF | -0.82% | 3.16% | -4.83% | -0.27% | 33.54% | 25.43% | 14.17% | 18.61% |
PPA Invesco Aerospace & Defense ETF | -0.75% | -2.01% | 11.35% | 14.12% | 54.22% | 29.84% | 19.35% | 18.27% |
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index | 0.76% | 5.26% | 16.32% | 19.30% | 65.31% | 24.45% | 16.36% | 19.21% |
Monthly Returns
Based on dividend-adjusted daily data since Mar 12, 2014, portfolio dd's average daily return is +0.08%, while the average monthly return is +1.60%. At this rate, an investment would double in approximately 3.6 years.
Historically, 67% of months were positive and 33% were negative. The best month was Nov 2020 with a return of +17.5%, while the worst month was Mar 2020 at -17.0%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 4 months.
On a daily basis, portfolio dd closed higher 54% of trading days. The best single day was Apr 9, 2025 with a return of +11.4%, while the worst single day was Mar 16, 2020 at -13.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 7.58% | 1.47% | -6.15% | 7.89% | 10.53% | ||||||||
| 2025 | 3.09% | -4.02% | -5.98% | 2.26% | 10.49% | 9.32% | 4.08% | 1.14% | 6.46% | 4.22% | -2.54% | 1.45% | 32.72% |
| 2024 | -0.33% | 9.01% | 4.66% | -3.57% | 8.20% | 1.04% | 2.83% | 1.11% | 2.07% | -0.77% | 7.87% | -4.38% | 30.22% |
| 2023 | 9.46% | 0.27% | 2.36% | -1.77% | 3.96% | 7.50% | 3.33% | -2.13% | -5.75% | -3.73% | 11.42% | 8.50% | 36.83% |
| 2022 | -7.35% | -0.04% | 1.24% | -10.85% | 2.45% | -9.13% | 12.71% | -4.83% | -10.26% | 10.77% | 8.90% | -6.15% | -15.20% |
| 2021 | 0.28% | 6.74% | 3.50% | 3.12% | 2.00% | 2.12% | 1.64% | 3.05% | -4.77% | 7.30% | 0.27% | 2.63% | 31.07% |
Benchmark Metrics
portfolio dd has an annualized alpha of 6.00%, beta of 1.13, and R² of 0.89 versus S&P 500 Index. Calculated based on daily prices since March 12, 2014.
- This portfolio captured 133.19% of S&P 500 Index gains but only 99.73% of its losses — a favorable profile for investors.
- This portfolio generated an annualized alpha of 6.00% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
- With beta of 1.13 and R² of 0.89, this portfolio moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 6.00%
- Beta
- 1.13
- R²
- 0.89
- Upside Capture
- 133.19%
- Downside Capture
- 99.73%
Expense Ratio
portfolio dd has an expense ratio of 0.53%, 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.
Return for Risk
Risk / Return Rank
portfolio dd ranks 89 for risk / return — in the top 89% of portfolios on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
| Portfolio | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 3.51 | 2.23 | +1.27 |
Sortino ratioReturn per unit of downside risk | 4.42 | 3.12 | +1.30 |
Omega ratioGain probability vs. loss probability | 1.60 | 1.42 | +0.18 |
Calmar ratioReturn relative to maximum drawdown | 6.91 | 4.05 | +2.87 |
Martin ratioReturn relative to average drawdown | 29.72 | 17.91 | +11.81 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
How much return does each position deliver for the risk it carries? Higher values mean better reward for the risk taken.
| Risk / Return Rank | Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|---|
SMH VanEck Semiconductor ETF | 94 | 4.15 | 4.49 | 1.61 | 9.61 | 35.05 |
IYW iShares U.S. Technology ETF | 54 | 2.25 | 2.94 | 1.39 | 3.30 | 10.73 |
AIRR First Trust RBA American Industrial Renaissance ETF | 88 | 3.33 | 4.11 | 1.52 | 7.24 | 27.48 |
IAI iShares U.S. Broker-Dealers & Securities Exchanges ETF | 35 | 1.71 | 2.30 | 1.29 | 2.48 | 7.76 |
PPA Invesco Aerospace & Defense ETF | 81 | 3.00 | 4.00 | 1.50 | 4.75 | 19.51 |
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index | 91 | 3.62 | 4.57 | 1.61 | 6.55 | 25.97 |
Loading graphics...
Dividends
Dividend yield
portfolio dd provided a 0.48% dividend yield over the last twelve months.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 0.48% | 0.50% | 0.59% | 0.81% | 1.01% | 0.57% | 0.74% | 1.02% | 1.16% | 0.94% | 1.05% | 1.28% |
| Portfolio components: | ||||||||||||
SMH VanEck Semiconductor ETF | 0.25% | 0.31% | 0.44% | 0.60% | 1.18% | 0.51% | 0.69% | 1.50% | 1.88% | 1.43% | 0.80% | 2.14% |
IYW iShares U.S. Technology ETF | 0.14% | 0.14% | 0.21% | 0.34% | 0.50% | 0.31% | 0.56% | 0.72% | 0.92% | 0.82% | 1.14% | 1.12% |
AIRR First Trust RBA American Industrial Renaissance ETF | 0.15% | 0.19% | 0.18% | 0.23% | 0.12% | 0.05% | 0.10% | 0.20% | 0.43% | 0.30% | 0.08% | 0.47% |
IAI iShares U.S. Broker-Dealers & Securities Exchanges ETF | 1.14% | 0.95% | 1.05% | 1.80% | 2.14% | 1.31% | 1.55% | 1.52% | 1.58% | 1.37% | 1.49% | 1.31% |
PPA Invesco Aerospace & Defense ETF | 0.38% | 0.42% | 0.61% | 0.67% | 0.83% | 0.59% | 0.88% | 0.95% | 0.90% | 0.67% | 1.70% | 1.41% |
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index | 0.85% | 1.01% | 1.06% | 1.23% | 1.26% | 0.63% | 0.68% | 1.26% | 1.28% | 1.07% | 1.07% | 1.23% |
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.
Loading graphics...
Worst Drawdowns
The table below displays the maximum drawdowns of the portfolio dd. 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 portfolio dd was 37.51%, occurring on Mar 23, 2020. Recovery took 109 trading sessions.
The current portfolio dd drawdown is 0.31%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -37.51% | Feb 20, 2020 | 23 | Mar 23, 2020 | 109 | Aug 26, 2020 | 132 |
| -26.89% | Nov 17, 2021 | 229 | Oct 14, 2022 | 164 | Jun 12, 2023 | 393 |
| -23.83% | Aug 30, 2018 | 80 | Dec 24, 2018 | 81 | Apr 23, 2019 | 161 |
| -23.43% | Jan 24, 2025 | 52 | Apr 8, 2025 | 41 | Jun 6, 2025 | 93 |
| -20.3% | Jun 24, 2015 | 161 | Feb 11, 2016 | 106 | Jul 14, 2016 | 267 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading graphics...
Diversification
Diversification Metrics
Number of Effective Assets
The portfolio contains 6 assets, with an effective number of assets of 6.00, reflecting the diversification based on asset allocation. This number of effective assets indicates a moderate level of diversification, where some assets may have a more significant influence on overall performance.
Asset Correlations Table
| Benchmark | PPA | IAI | GRID | SMH | AIRR | IYW | Portfolio | |
|---|---|---|---|---|---|---|---|---|
| Benchmark | 1.00 | 0.74 | 0.75 | 0.71 | 0.77 | 0.72 | 0.88 | 0.91 |
| PPA | 0.74 | 1.00 | 0.67 | 0.60 | 0.54 | 0.75 | 0.57 | 0.79 |
| IAI | 0.75 | 0.67 | 1.00 | 0.59 | 0.56 | 0.70 | 0.59 | 0.80 |
| GRID | 0.71 | 0.60 | 0.59 | 1.00 | 0.64 | 0.69 | 0.63 | 0.83 |
| SMH | 0.77 | 0.54 | 0.56 | 0.64 | 1.00 | 0.57 | 0.86 | 0.84 |
| AIRR | 0.72 | 0.75 | 0.70 | 0.69 | 0.57 | 1.00 | 0.56 | 0.84 |
| IYW | 0.88 | 0.57 | 0.59 | 0.63 | 0.86 | 0.56 | 1.00 | 0.84 |
| Portfolio | 0.91 | 0.79 | 0.80 | 0.83 | 0.84 | 0.84 | 0.84 | 1.00 |