Core
BTC/Gold/Cash
Asset Allocation
| Position | Category/Sector | Weight |
|---|---|---|
BIL SPDR Barclays 1-3 Month T-Bill ETF | Government Bonds | 33.33% |
BTC-USD Bitcoin | 33.33% | |
GLD SPDR Gold Trust | Precious Metals, Gold | 33.33% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Core, 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
The earliest data available for this chart is Jul 17, 2010, corresponding to the inception date of BTC-USD
Returns By Period
As of Jul 25, 2024, the Core returned 26.20% Year-To-Date and 32.58% of annualized return in the last 10 years.
| Year-To-Date | 1 month | 6 months | 1 year | 5 years (annualized) | 10 years (annualized) | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | 13.78% | -0.38% | 11.47% | 18.82% | 12.44% | 10.64% |
| Core | 26.20% | 3.86% | 29.38% | 48.91% | 28.01% | 32.58% |
| Portfolio components: | ||||||
BIL SPDR Barclays 1-3 Month T-Bill ETF | 2.97% | 0.43% | 2.64% | 5.37% | 2.06% | 1.39% |
BTC-USD Bitcoin | 54.67% | 8.45% | 63.12% | 123.67% | 45.95% | 60.02% |
GLD SPDR Gold Trust | 16.02% | 2.86% | 18.99% | 21.59% | 10.66% | 5.84% |
Monthly Returns
The table below presents the monthly returns of Core, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.08% | 15.02% | 9.29% | -3.95% | 4.12% | -2.10% | 26.20% | ||||||
| 2023 | 15.27% | -1.53% | 11.66% | 1.34% | -2.71% | 3.34% | -0.47% | -3.89% | -0.35% | 12.13% | 4.31% | 5.32% | 51.62% |
| 2022 | -6.16% | 5.73% | 2.11% | -6.27% | -5.67% | -10.49% | 5.08% | -6.07% | -1.90% | 1.27% | -2.75% | 0.09% | -23.47% |
| 2021 | 3.61% | 11.42% | 13.58% | 0.67% | -8.82% | -4.55% | 7.05% | 4.81% | -4.01% | 14.22% | -3.21% | -6.50% | 27.89% |
| 2020 | 11.38% | -3.31% | -9.07% | 13.94% | 4.43% | -0.32% | 11.35% | 0.99% | -4.22% | 9.17% | 15.01% | 24.47% | 95.49% |
| 2019 | -1.49% | 3.38% | 1.96% | 9.71% | 24.31% | 18.25% | -2.06% | 1.55% | -4.82% | 4.70% | -7.43% | -0.31% | 53.15% |
| 2018 | -8.73% | -0.25% | -8.98% | 10.64% | -7.92% | -6.17% | 6.58% | -4.37% | -2.21% | -0.26% | -12.00% | 0.00% | -30.69% |
| 2017 | 2.05% | 8.23% | -3.57% | 9.42% | 27.40% | 4.47% | 6.01% | 24.22% | -5.01% | 16.59% | 25.61% | 18.71% | 237.36% |
| 2016 | -3.01% | 9.48% | -1.85% | 4.25% | 4.32% | 12.65% | -1.82% | -3.67% | 2.11% | 4.05% | -0.24% | 10.97% | 42.02% |
| 2015 | -8.13% | 1.99% | -1.97% | -1.16% | -0.63% | 3.99% | 0.60% | -5.86% | 0.19% | 11.80% | 5.95% | 6.09% | 11.85% |
| 2014 | 4.49% | -9.74% | -5.57% | -0.52% | 11.85% | 2.54% | -4.09% | -5.97% | -7.35% | -5.29% | 3.53% | -4.65% | -20.62% |
| 2013 | 15.31% | 22.59% | 105.93% | 14.62% | -4.84% | -13.84% | 5.77% | 11.40% | -2.00% | 17.33% | 192.30% | -27.08% | 689.91% |
Expense Ratio
Core has an expense ratio of 0.18%, which is considered low compared to other funds. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of Core is 88, placing it in the top 12% of portfolios on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
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 | |
|---|---|---|---|---|---|
BIL SPDR Barclays 1-3 Month T-Bill ETF | 16.90 | 393.78 | 328.19 | 75.59 | 7,721.21 |
BTC-USD Bitcoin | 2.29 | 2.77 | 1.29 | 1.34 | 12.79 |
GLD SPDR Gold Trust | 2.31 | 3.04 | 1.41 | 1.95 | 13.62 |
Dividends
Dividend yield
Core granted a 1.74% dividend yield in the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Core | 1.74% | 1.64% | 0.45% | 0.00% | 0.10% | 0.68% | 0.55% | 0.23% | 0.02% |
| Portfolio components: | |||||||||
BIL SPDR Barclays 1-3 Month T-Bill ETF | 5.22% | 4.92% | 1.35% | 0.00% | 0.30% | 2.05% | 1.66% | 0.68% | 0.07% |
BTC-USD Bitcoin | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GLD SPDR Gold Trust | 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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Core. 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 Core was 61.51%, occurring on Oct 20, 2011. Recovery took 496 trading sessions.
The current Core drawdown is 2.75%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -61.51% | Jun 10, 2011 | 133 | Oct 20, 2011 | 496 | Feb 27, 2013 | 629 |
| -50.92% | Dec 5, 2013 | 622 | Aug 18, 2015 | 559 | Feb 27, 2017 | 1181 |
| -47.16% | Dec 17, 2017 | 364 | Dec 15, 2018 | 534 | Jun 1, 2020 | 898 |
| -43.56% | Apr 11, 2013 | 86 | Jul 5, 2013 | 125 | Nov 7, 2013 | 211 |
| -38.36% | Nov 8, 2010 | 29 | Dec 6, 2010 | 57 | Feb 1, 2011 | 86 |
Volatility
Volatility Chart
The current Core volatility is 4.48%, 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
Asset Correlations Table
| BIL | GLD | BTC-USD | |
|---|---|---|---|
| BIL | 1.00 | 0.00 | -0.00 |
| GLD | 0.00 | 1.00 | 0.05 |
| BTC-USD | -0.00 | 0.05 | 1.00 |