Jordan Alternate

Asset Allocation

Position	Category/Sector	Target Weight
DBMF iMGP DBi Managed Futures Strategy ETF	Systematic Trend	10%
XSP.TO iShares Core S&P 500 Index ETF (CAD-Hedged)	S&P 500	10%
XIU.TO iShares S&P/TSX 60 Index ETF	Canada Equities	10%
XLK State Street Technology Select Sector SPDR ETF	Technology Equities	10%
CGL.TO iShares Gold Bullion ETF (CAD-Hedged)	Gold, Precious Metals	5%
XMA.TO iShares S&P/TSX Capped Materials Index ETF	Materials	5%
GOOGL Alphabet Inc. Class A	Communication Services	5%
RAAX VanEck Inflation Allocation ETF	Diversified Portfolio	5%
PSA.TO Purpose High Interest Savings Fund	Money Market	4%
AMZN Amazon.com, Inc	Consumer Cyclical	3%
META Meta Platforms, Inc.	Communication Services	3%
NFLX Netflix, Inc.	Communication Services	3%
CRWD CrowdStrike Holdings, Inc.	Technology	3%
AVGO Broadcom Inc.	Technology	3%
IDMO Invesco S&P International Developed Momentum ETF	Momentum, Foreign Large Cap Equities	3%
COST Costco Wholesale Corporation	Consumer Defensive	2%
MA Mastercard Incorporated	Financial Services	2%
PANW Palo Alto Networks, Inc.	Technology	2%
MSFT Microsoft Corporation	Technology	2%
CNQ.TO Canadian Natural Resources Limited	Energy	2%
AEM.TO Agnico Eagle Mines Limited	Basic Materials	2%
WPM.TO Wheaton Precious Metals Corp.	Basic Materials	2%
FTS.TO Fortis Inc.	Utilities	2%
TRP.TO TC Energy Corporation	Energy	2%

Benchmark Against

Benchmark

S&P 500 Index

Rebalance

Portfolio Optimizer

Find the right asset allocation for Jordan Alternate

Add portfolio to the optimizer to find optimal allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer

Performance

Performance Chart

The chart shows the growth of an initial investment of CA$10,000 in Jordan Alternate, 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 charts...

Returns By Period

Position	1D	1M	YTD	6M	1Y	3Y*	5Y*	10Y*
Benchmark S&P 500 Index	0.69%	2.13%	10.76%	10.40%	27.77%	21.16%	15.12%	14.58%
Portfolio Jordan Alternate	0.65%	0.21%	13.84%	13.67%	34.67%	29.68%	21.22%	—
Portfolio components:
AEM.TO Agnico Eagle Mines Limited	3.40%	-8.01%	-1.88%	-1.40%	35.72%	53.43%	24.09%	15.41%
AMZN Amazon.com, Inc	-1.04%	-8.05%	5.44%	6.97%	15.58%	25.34%	10.49%	21.87%
AVGO Broadcom Inc.	-0.73%	-11.43%	12.87%	8.10%	59.15%	69.67%	59.63%	42.17%
CGL.TO iShares Gold Bullion ETF (CAD-Hedged)	0.25%	-9.62%	-3.19%	-3.25%	19.93%	27.16%	15.73%	10.99%
CNQ.TO Canadian Natural Resources Limited	-0.19%	-4.06%	37.61%	40.79%	43.07%	27.02%	33.86%	23.43%
COST Costco Wholesale Corporation	0.87%	-4.65%	16.55%	12.97%	2.52%	26.99%	25.70%	23.32%
CRWD CrowdStrike Holdings, Inc.	-1.08%	17.02%	48.61%	37.20%	45.99%	67.07%	27.82%	—
DBMF iMGP DBi Managed Futures Strategy ETF	0.44%	0.58%	12.50%	12.83%	30.45%	11.28%	11.17%	—
FTS.TO Fortis Inc.	0.99%	5.79%	13.43%	15.37%	25.87%	16.29%	11.27%	10.80%
GOOGL Alphabet Inc. Class A	0.72%	-7.65%	17.40%	18.11%	112.22%	45.24%	28.11%	26.84%

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

Monthly Returns

Based on dividend-adjusted daily data since Jun 12, 2019, Jordan Alternate's average daily return is +0.08%, while the average monthly return is +1.70%. At this rate, an investment would double in approximately 3.4 years.

Historically, 74% of months were positive and 26% were negative. The best month was Apr 2020 with a return of +11.6%, while the worst month was Jun 2022 at -5.9%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 3 months.

On a daily basis, Jordan Alternate closed higher 58% of trading days. The best single day was Apr 9, 2025 with a return of +7.7%, while the worst single day was Mar 16, 2020 at -8.8%.

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Total
2026	2.04%	4.33%	-3.84%	7.00%	7.09%	-2.95%							13.84%
2025	5.22%	-1.67%	-2.82%	0.57%	5.86%	3.86%	1.70%	2.97%	7.21%	2.44%	2.32%	-1.97%	28.26%
2024	2.95%	4.77%	4.29%	-0.78%	4.12%	3.40%	0.59%	0.35%	2.20%	2.43%	4.12%	1.43%	34.08%
2023	6.61%	-1.09%	5.22%	2.08%	2.91%	2.04%	3.02%	0.51%	-3.29%	1.80%	6.68%	1.80%	31.66%
2022	-3.98%	0.52%	4.21%	-5.56%	-2.19%	-5.90%	5.14%	-1.26%	-3.33%	3.28%	4.14%	-4.27%	-9.65%
2021	-0.35%	0.31%	2.37%	3.21%	1.42%	3.27%	2.60%	2.83%	-2.68%	4.17%	0.66%	2.75%	22.36%

Benchmark Metrics

Jordan Alternate has an annualized alpha of 8.99%, beta of 0.73, and R2 of 0.84 versus S&P 500 Index. Calculated based on daily prices since June 12, 2019.

This portfolio participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (98.94%) than losses (65.83%) - typical of diversified or defensive assets.
This portfolio generated an annualized alpha of 8.99% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.

Alpha: 8.99%

Beta: 0.73

R²: 0.84

Upside Capture: 98.94%

Downside Capture: 65.83%

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

Expense Ratio

Jordan Alternate has an expense ratio of 0.23%, 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.

DBMF

iMGP DBi Managed Futures Strategy ETF

RAAX

VanEck Inflation Allocation ETF

XMA.TO

iShares S&P/TSX Capped Materials Index ETF

CGL.TO

iShares Gold Bullion ETF (CAD-Hedged)

IDMO

Invesco S&P International Developed Momentum ETF

XIU.TO

iShares S&P/TSX 60 Index ETF

PSA.TO

Purpose High Interest Savings Fund

XSP.TO

iShares Core S&P 500 Index ETF (CAD-Hedged)

XLK

State Street Technology Select Sector SPDR ETF

Return for Risk

Risk / Return Rank

Jordan Alternate ranks 84 for risk / return — in the top 84% 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 Jordan Alternate 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	2.57	2.02	+0.55
Sortino ratioReturn per unit of downside risk	3.26	2.78	+0.48
Omega ratioGain probability vs. loss probability	1.46	1.35	+0.11
Calmar ratioReturn relative to maximum drawdown	4.69	2.81	+1.88
Martin ratioReturn relative to average drawdown	17.58	10.45	+7.13

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
AEM.TO Agnico Eagle Mines Limited	65	0.88	1.33	1.18	1.00	2.79
AMZN Amazon.com, Inc	55	0.48	0.89	1.11	0.60	1.45
AVGO Broadcom Inc.	74	1.19	1.77	1.23	1.90	4.30
CGL.TO iShares Gold Bullion ETF (CAD-Hedged)	23	0.78	1.15	1.16	0.87	2.49
CNQ.TO Canadian Natural Resources Limited	82	1.65	2.12	1.28	3.12	7.98
COST Costco Wholesale Corporation	40	0.04	0.19	1.02	0.05	0.12
CRWD CrowdStrike Holdings, Inc.	68	0.99	1.56	1.20	1.16	2.63
DBMF iMGP DBi Managed Futures Strategy ETF	84	2.30	3.05	1.44	5.17	18.92
FTS.TO Fortis Inc.	89	2.01	2.89	1.36	4.33	10.47
GOOGL Alphabet Inc. Class A	96	3.78	5.06	1.61	5.86	19.93

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 Jordan Alternate Sharpe ratio is 2.57 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 Jordan Alternate compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.

Loading charts...

Dividends

Dividend yield

Jordan Alternate provided a 1.52% dividend yield over the last twelve months.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Portfolio	1.52%	1.73%	1.88%	1.94%	2.33%	2.51%	1.71%	2.33%	1.46%	1.20%	1.16%	1.41%
Portfolio components:
AEM.TO Agnico Eagle Mines Limited	1.03%	0.97%	1.95%	2.98%	2.81%	2.08%	1.34%	0.81%	0.80%	0.77%	0.75%	0.95%
AMZN Amazon.com, Inc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
AVGO Broadcom Inc.	0.65%	0.70%	0.94%	1.71%	3.02%	2.24%	3.05%	3.54%	3.11%	1.87%	1.43%	1.13%
CGL.TO iShares Gold Bullion ETF (CAD-Hedged)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
CNQ.TO Canadian Natural Resources Limited	2.84%	5.05%	6.00%	8.53%	12.23%	7.63%	11.35%	7.29%	8.31%	5.00%	4.49%	6.22%
COST Costco Wholesale Corporation	0.55%	0.59%	0.49%	2.87%	0.76%	0.54%	3.38%	0.86%	1.08%	4.81%	1.09%	4.06%
CRWD CrowdStrike Holdings, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
DBMF iMGP DBi Managed Futures Strategy ETF	5.19%	5.91%	5.75%	2.91%	7.72%	10.38%	0.86%	9.35%	0.00%	0.00%	0.00%	0.00%
FTS.TO Fortis Inc.	3.18%	3.48%	3.99%	4.19%	4.01%	3.36%	3.73%	3.39%	3.79%	3.52%	3.68%	3.73%
GOOGL Alphabet Inc. Class A	0.24%	0.27%	0.32%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

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 charts...

Worst Drawdowns

The table below displays the maximum drawdowns of the Jordan Alternate. 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 Jordan Alternate was 24.00%, occurring on Mar 16, 2020. Recovery took 44 trading sessions.

The current Jordan Alternate drawdown is 3.78%.

Related event	Drawdown	Fall	Recovery	Underwater
COVID crash2020	-24.00%Mar 2020	25d	2mo 3d	2mo 28dFeb 2020 - May 2020
Bear market2022	-15.07%Jul 2022	3mo 10d	10mo 2d	1y 1moApr 2022 - May 2023
2025 selloff2025	-14.28%Apr 2025	1mo 23d	1mo 25d	3mo 18dFeb 2025 - Jun 2025
Bear market2022	-8.64%Jan 2022	28d	1mo 28d	2mo 26dDec 2021 - Mar 2022
2024 pullback2024	-8.43%Aug 2024	21d	1mo 17d	2mo 8dJul 2024 - Sep 2024

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.

Loading charts...

Diversification

Diversification Metrics

Number of Effective Assets

The portfolio contains 24 assets, with an effective number of assets of 16.50, 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	All Time
Diversification Ratio	1.80	1.63	1.60	1.52

The portfolio has a diversification ratio of 1.52, in line with the typical range across portfolios. There's room to improve by adding less correlated assets.

Jordan Alternate correlation to the S&P 500 Index

Jordan Alternate has a 0.82 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	0.82
Correlation (3Y) Calculated over the trailing 3-year period	0.86
Correlation (5Y) Calculated over the trailing 5-year period	0.89
Correlation (All Time) Calculated using the full available price history since Jun 12, 2019	0.88

Benchmark Correlations

Correlation vs. S&P 500 Index. XLK has the highest benchmark correlation at 0.91, while PSA.TO has the lowest at 0.04.

0.04

0.08

0.12

0.14

0.18

0.24

0.28

0.29

0.32

0.48

0.51

0.53

0.56

0.57

Portfolio Correlations

Correlation vs. Jordan Alternate. XLK has the highest portfolio correlation at 0.87, while PSA.TO has the lowest at 0.04.

0.04

0.10

0.26

0.31

0.32

0.38

0.38

0.42

0.50

0.53

0.56

0.58

PANW

0.58

CRWD

0.59

RAAX

0.64

Asset Correlations Table

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

	PSA.TO	FTS.TO	TRP.TO	CGL.TO	CNQ.TO	DBMF	AEM.TO	WPM.TO	CRWD	COST	XMA.TO	NFLX	PANW	MA	META	RAAX	AVGO	AMZN	GOOGL	MSFT	XIU.TO	IDMO	XSP.TO	XLK
PSA.TO	1.00	0.03	0.06	-0.01	0.02	0.02	0.02	0.01	0.01	0.06	0.01	0.03	0.04	0.02	0.03	0.05	0.05	0.01	0.02	0.01	0.04	0.04	0.03	0.03
FTS.TO	0.03	1.00	0.34	0.10	0.01	-0.03	0.16	0.18	-0.06	0.19	0.14	0.01	-0.02	0.13	0.01	0.10	-0.00	0.01	0.05	0.05	0.26	0.15	0.13	0.03
TRP.TO	0.06	0.34	1.00	0.07	0.37	0.05	0.11	0.11	0.03	0.13	0.20	0.07	0.09	0.19	0.09	0.33	0.12	0.07	0.12	0.08	0.46	0.26	0.28	0.14
CGL.TO	-0.01	0.10	0.07	1.00	0.07	0.12	0.68	0.67	0.07	0.05	0.67	0.06	0.05	0.02	0.06	0.45	0.07	0.07	0.09	0.04	0.19	0.22	0.09	0.08
CNQ.TO	0.02	0.01	0.37	0.07	1.00	0.15	0.05	0.07	0.09	0.08	0.23	0.08	0.10	0.19	0.12	0.49	0.19	0.10	0.16	0.11	0.48	0.25	0.31	0.19
DBMF	0.02	-0.03	0.05	0.12	0.15	1.00	0.12	0.12	0.15	0.21	0.17	0.12	0.18	0.21	0.19	0.41	0.20	0.18	0.22	0.23	0.13	0.34	0.13	0.27
AEM.TO	0.02	0.16	0.11	0.68	0.05	0.12	1.00	0.83	0.08	0.10	0.84	0.12	0.07	0.08	0.09	0.41	0.10	0.12	0.12	0.10	0.30	0.26	0.14	0.13
WPM.TO	0.01	0.18	0.11	0.67	0.07	0.12	0.83	1.00	0.11	0.14	0.85	0.13	0.12	0.11	0.12	0.41	0.15	0.15	0.15	0.14	0.34	0.29	0.20	0.18
CRWD	0.01	-0.06	0.03	0.07	0.09	0.15	0.08	0.11	1.00	0.27	0.16	0.41	0.62	0.30	0.40	0.24	0.44	0.49	0.39	0.51	0.31	0.37	0.43	0.55
COST	0.06	0.19	0.13	0.05	0.08	0.21	0.10	0.14	0.27	1.00	0.14	0.38	0.35	0.43	0.40	0.31	0.38	0.41	0.39	0.48	0.31	0.41	0.46	0.49
XMA.TO	0.01	0.14	0.20	0.67	0.23	0.17	0.84	0.85	0.16	0.14	1.00	0.16	0.14	0.16	0.18	0.56	0.22	0.21	0.21	0.18	0.49	0.40	0.31	0.26
NFLX	0.03	0.01	0.07	0.06	0.08	0.12	0.12	0.13	0.41	0.38	0.16	1.00	0.40	0.38	0.52	0.25	0.41	0.55	0.44	0.52	0.32	0.40	0.45	0.52
PANW	0.04	-0.02	0.09	0.05	0.10	0.18	0.07	0.12	0.62	0.35	0.14	0.40	1.00	0.37	0.40	0.27	0.45	0.47	0.43	0.52	0.35	0.40	0.48	0.57
MA	0.02	0.13	0.19	0.02	0.19	0.21	0.08	0.11	0.30	0.43	0.16	0.38	0.37	1.00	0.45	0.37	0.41	0.44	0.48	0.54	0.48	0.50	0.58	0.58
META	0.03	0.01	0.09	0.06	0.12	0.19	0.09	0.12	0.40	0.40	0.18	0.52	0.40	0.45	1.00	0.27	0.51	0.63	0.63	0.63	0.39	0.48	0.60	0.65
RAAX	0.05	0.10	0.33	0.45	0.49	0.41	0.41	0.41	0.24	0.31	0.56	0.25	0.27	0.37	0.27	1.00	0.36	0.31	0.36	0.32	0.54	0.61	0.44	0.44
AVGO	0.05	-0.00	0.12	0.07	0.19	0.20	0.10	0.15	0.44	0.38	0.22	0.41	0.45	0.41	0.51	0.36	1.00	0.53	0.52	0.60	0.45	0.53	0.65	0.78
AMZN	0.01	0.01	0.07	0.07	0.10	0.18	0.12	0.15	0.49	0.41	0.21	0.55	0.47	0.44	0.63	0.31	0.53	1.00	0.66	0.67	0.41	0.50	0.61	0.69
GOOGL	0.02	0.05	0.12	0.09	0.16	0.22	0.12	0.15	0.39	0.39	0.21	0.44	0.43	0.48	0.63	0.36	0.52	0.66	1.00	0.67	0.43	0.52	0.64	0.70
MSFT	0.01	0.05	0.08	0.04	0.11	0.23	0.10	0.14	0.51	0.48	0.18	0.52	0.52	0.54	0.63	0.32	0.60	0.67	0.67	1.00	0.42	0.54	0.66	0.83
XIU.TO	0.04	0.26	0.46	0.19	0.48	0.13	0.30	0.34	0.31	0.31	0.49	0.32	0.35	0.48	0.39	0.54	0.45	0.41	0.43	0.42	1.00	0.62	0.75	0.56
IDMO	0.04	0.15	0.26	0.22	0.25	0.34	0.26	0.29	0.37	0.41	0.40	0.40	0.40	0.50	0.48	0.61	0.53	0.50	0.52	0.54	0.62	1.00	0.62	0.66
XSP.TO	0.03	0.13	0.28	0.09	0.31	0.13	0.14	0.20	0.43	0.46	0.31	0.45	0.48	0.58	0.60	0.44	0.65	0.61	0.64	0.66	0.75	0.62	1.00	0.82
XLK	0.03	0.03	0.14	0.08	0.19	0.27	0.13	0.18	0.55	0.49	0.26	0.52	0.57	0.58	0.65	0.44	0.78	0.69	0.70	0.83	0.56	0.66	0.82	1.00

The correlation results are calculated based on daily price changes starting from Jun 12, 2019

Diversification Analysis

Find what Jordan Alternate is missing

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

Analyze Diversification