2024 | PortfoliosLab

Asset Allocation

Position	Category/Sector	Target Weight
QQQ Invesco QQQ ETF	Nasdaq-100	50%
SOXX iShares Semiconductor ETF	Semiconductors, Technology Equities	20%
QLD ProShares Ultra QQQ	Leveraged Equities	15%
TQQQ ProShares UltraPro QQQ	Leveraged Equities	5%
SOXL Direxion Daily Semiconductor Bull 3X ETF	Leveraged Equities, Semiconductors	5%
SPXL Direxion Daily S&P 500 Bull 3X ETF	Leveraged Equities, S&P 500	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 2024, 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

As of Jun 13, 2026, the 2024 returned 58.10% Year-To-Date and 33.14% of annualized return in the last 10 years.

Position	1D	1M	YTD	6M	1Y	3Y*	5Y*	10Y*
Benchmark S&P 500 Index	0.50%	0.31%	8.56%	8.85%	24.33%	19.37%	11.84%	13.61%
Portfolio 2024	1.71%	10.33%	58.10%	58.69%	105.28%	45.49%	26.97%	33.14%
Portfolio components:
QLD ProShares Ultra QQQ	1.30%	2.58%	32.65%	32.82%	73.89%	44.57%	23.24%	35.67%
QQQ Invesco QQQ ETF	0.59%	1.75%	17.57%	17.85%	37.55%	26.43%	16.85%	21.79%
SOXL Direxion Daily Semiconductor Bull 3X ETF	4.77%	42.94%	458.36%	462.65%	1,075.10%	110.81%	43.69%	63.20%
SOXX iShares Semiconductor ETF	1.59%	17.25%	98.11%	99.51%	171.57%	53.00%	33.69%	35.55%
SPXL Direxion Daily S&P 500 Bull 3X ETF	1.54%	-0.12%	20.98%	21.36%	71.45%	47.11%	21.80%	29.90%
TQQQ ProShares UltraPro QQQ	1.99%	2.89%	47.28%	47.23%	114.36%	59.79%	24.34%	44.55%

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

Monthly Returns

Based on dividend-adjusted daily data since Mar 11, 2010, 2024'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, 62% of months were positive and 38% were negative. The best month was Apr 2026 with a return of +34.4%, while the worst month was Apr 2022 at -18.9%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 5 months.

On a daily basis, 2024 closed higher 56% of trading days. The best single day was Apr 9, 2025 with a return of +17.9%, while the worst single day was Mar 16, 2020 at -16.8%.

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Total
2026	6.47%	-1.95%	-8.25%	34.39%	23.73%	-0.74%							58.10%
2025	2.36%	-4.63%	-11.38%	-1.65%	13.25%	12.72%	2.56%	1.62%	9.38%	9.17%	-3.24%	-0.34%	30.34%
2024	2.16%	9.53%	2.81%	-6.90%	9.59%	8.29%	-3.70%	0.11%	2.31%	-3.15%	5.37%	-0.31%	27.52%
2023	16.75%	-0.71%	12.79%	-2.06%	12.46%	9.13%	5.84%	-3.80%	-8.02%	-4.95%	17.23%	10.51%	81.26%
2022	-13.05%	-5.36%	4.11%	-18.92%	-0.24%	-15.04%	19.30%	-9.43%	-15.91%	5.06%	11.97%	-13.29%	-45.44%
2021	0.97%	2.32%	2.25%	6.16%	-0.52%	8.22%	3.12%	5.23%	-7.81%	10.88%	5.85%	2.44%	45.21%

Benchmark Metrics

2024 has an annualized alpha of 7.97%, beta of 1.68, and R2 of 0.85 versus S&P 500 Index. Calculated based on daily prices since March 11, 2010.

This portfolio captured 219.47% of S&P 500 Index gains and 142.56% of its losses - amplifying both gains and losses, but participating more in upside than downside.
This portfolio generated an annualized alpha of 7.97% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
Beta of 1.68 means this portfolio moves significantly more than S&P 500 Index - expect amplified gains in rallies and amplified losses in downturns.

Alpha: 7.97%

Beta: 1.68

R²: 0.85

Upside Capture: 219.47%

Downside Capture: 142.56%

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

Expense Ratio

2024 has an expense ratio of 0.43%, 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.

TQQQ

ProShares UltraPro QQQ

QLD

ProShares Ultra QQQ

SPXL

Direxion Daily S&P 500 Bull 3X ETF

SOXL

Direxion Daily Semiconductor Bull 3X ETF

SOXX

iShares Semiconductor ETF

QQQ

Invesco QQQ ETF

Return for Risk

Risk / Return Rank

2024 ranks 88 for risk / return — in the top 88% 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.

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 2024 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	2.99	1.86	+1.13
Sortino ratioReturn per unit of downside risk	3.31	2.53	+0.77
Omega ratioGain probability vs. loss probability	1.48	1.34	+0.14
Calmar ratioReturn relative to maximum drawdown	5.66	2.53	+3.13
Martin ratioReturn relative to average drawdown	20.74	11.37	+9.37

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
QLD ProShares Ultra QQQ	62	2.04	2.48	1.33	2.78	9.46
QQQ Invesco QQQ ETF	69	2.09	2.73	1.37	3.01	11.22
SOXL Direxion Daily Semiconductor Bull 3X ETF	97	8.99	4.23	1.60	22.91	74.51
SOXX iShares Semiconductor ETF	96	4.43	4.37	1.62	10.50	38.20
SPXL Direxion Daily S&P 500 Bull 3X ETF	56	1.79	2.25	1.30	2.47	10.16
TQQQ ProShares UltraPro QQQ	62	2.09	2.42	1.32	2.89	9.26

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. Learn how to interpret the Sharpe ratio.

The current 2024 Sharpe ratio is 2.99 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 is in the top 25%. This signifies superior risk-adjusted performance, meaning the portfolio is delivering strong returns for the level of risk taken compared to most others.

The chart below shows the rolling Sharpe ratio of 2024 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

2024 provided a 0.32% dividend yield over the last twelve months.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Portfolio	0.32%	0.45%	0.61%	0.65%	0.80%	0.35%	0.45%	0.70%	0.86%	0.80%	1.02%	0.77%
Portfolio components:
QLD ProShares Ultra QQQ	0.13%	0.17%	0.25%	0.33%	0.31%	0.00%	0.00%	0.13%	0.06%	0.02%	0.21%	0.11%
QQQ Invesco QQQ ETF	0.39%	0.45%	0.56%	0.62%	0.80%	0.43%	0.55%	0.74%	0.91%	0.84%	1.06%	0.99%
SOXL Direxion Daily Semiconductor Bull 3X ETF	0.03%	0.34%	1.18%	0.51%	1.07%	0.04%	0.05%	0.38%	1.30%	0.09%	4.84%	0.00%
SOXX iShares Semiconductor ETF	0.28%	0.57%	0.67%	0.78%	1.26%	0.64%	0.81%	1.23%	1.37%	0.90%	1.08%	1.29%
SPXL Direxion Daily S&P 500 Bull 3X ETF	0.56%	0.69%	0.74%	0.98%	0.32%	0.11%	0.22%	0.84%	1.02%	3.88%	0.00%	0.00%
TQQQ ProShares UltraPro QQQ	0.41%	0.65%	1.27%	1.26%	0.57%	0.00%	0.00%	0.06%	0.11%	0.00%	0.00%	0.01%

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 2024. 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 was 50.33%, occurring on Oct 14, 2022. Recovery took 316 trading sessions.

The current 2024 drawdown is 6.60%.

Related event	Drawdown	Fall	Recovery	Underwater
Bear market2022	-50.33%Oct 2022	9mo 20d	1y 3mo	2y 22dDec 2021 - Jan 2024
COVID crash2020	-40.61%Mar 2020	29d	3mo 5d	4mo 4dFeb 2020 - Jun 2020
2025 selloff2025	-34.21%Apr 2025	1mo 17d	2mo 20d	4mo 7dFeb 2025 - Jun 2025
Rate-hike selloffLate 2018	-31.00%Dec 2018	3mo 26d	3mo 12d	7mo 8dAug 2018 - Apr 2019
2011 bear market2011	-27.10%Aug 2011	6mo 2d	5mo 23d	11mo 25dFeb 2011 - Feb 2012

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 6 assets, with an effective number of assets of 3.12, reflecting the diversification based on asset allocation. Your allocation shows noticeable concentration: a few holdings carry significantly more weight than the rest. Rebalancing toward more even weights — or adding less correlated assets — could reduce risk.

Diversification Ratio

	1Y	3Y	5Y	10Y	All Time
Diversification Ratio	1.04	1.03	1.03	1.03	1.04

The portfolio has a diversification ratio of 1.04, placing it in the bottom quartile across portfolios — positions are highly correlated. Consider adding assets from different classes or sectors to reduce risk.

2024 correlation to the S&P 500 Index

2024 has a 0.88 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	0.88
Correlation (3Y) Calculated over the trailing 3-year period	0.91
Correlation (5Y) Calculated over the trailing 5-year period	0.92
Correlation (10Y) Calculated over the trailing 10-year period	0.90
Correlation (All Time) Calculated using the full available price history since Mar 11, 2010	0.90

Benchmark Correlations

Correlation vs. S&P 500 Index. SPXL has the highest benchmark correlation at 1.00, while SOXL has the lowest at 0.77.

0.77

0.77

0.90

0.90

0.90

1.00

Portfolio Correlations

Correlation vs. 2024. QQQ has the highest portfolio correlation at 0.98, while SPXL has the lowest at 0.90.

0.90

0.92

0.93

0.97

0.97

0.98

Asset Correlations Table

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

	SOXL	SOXX	SPXL	TQQQ	QLD	QQQ
SOXL	1.00	1.00	0.77	0.83	0.83	0.83
SOXX	1.00	1.00	0.77	0.83	0.83	0.83
SPXL	0.77	0.77	1.00	0.90	0.90	0.90
TQQQ	0.83	0.83	0.90	1.00	1.00	1.00
QLD	0.83	0.83	0.90	1.00	1.00	1.00
QQQ	0.83	0.83	0.90	1.00	1.00	1.00

The correlation results are calculated based on daily price changes starting from Mar 11, 2010

Diversification Analysis

Find what 2024 is missing

See which holdings overlap, where 2024 is concentrated, and which low-correlation assets could fill the gaps.

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