Base QQQ SPY DIA

Asset Allocation

Position	Category/Sector	Target Weight
QQQ Invesco QQQ ETF	Nasdaq-100	50%
SPY State Street SPDR S&P 500 ETF	S&P 500	30%
DIA State Street SPDR Dow Jones Industrial Average ETF Trust	Large Cap Blend Equities	20%

Benchmark

S&P 500 Index

Rebalance

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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Base QQQ SPY DIA, 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 Jul 21, 2026, the Base QQQ SPY DIA returned 11.50% Year-To-Date and 17.59% of annualized return in the last 10 years.

Position	1D	1M	6M	YTD	1Y	3Y*	5Y*	10Y*	ALL TIME*
Benchmark S&P 500 Index	-0.19%	-0.76%	7.25%	8.73%	18.21%	17.95%	11.30%	13.09%	8.08%
Portfolio Base QQQ SPY DIA	-0.11%	-3.14%	9.81%	11.50%	22.08%	20.85%	13.47%	17.59%	10.02%
Portfolio components:
DIA State Street SPDR Dow Jones Industrial Average ETF Trust	-0.55%	0.50%	5.75%	8.61%	18.61%	15.60%	10.19%	12.96%	9.13%
QQQ Invesco QQQ ETF	0.10%	-5.91%	12.30%	13.58%	24.61%	23.54%	14.68%	20.72%	10.70%
SPY State Street SPDR S&P 500 ETF	-0.16%	-0.62%	7.86%	9.40%	19.56%	19.43%	12.81%	14.90%	10.78%

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

Monthly Returns

Based on dividend-adjusted daily data since Mar 10, 1999, Base QQQ SPY DIA's average daily return is +0.05%, while the average monthly return is +0.93%. At this rate, an investment would double in approximately 6.2 years.

Historically, 61% of months were positive and 39% were negative. The best month was Dec 1999 with a return of +15.3%, while the worst month was Feb 2001 at -16.8%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 6 months.

On a daily basis, Base QQQ SPY DIA closed higher 55% of trading days. The best single day was Oct 13, 2008 with a return of +12.9%, while the worst single day was Mar 16, 2020 at -11.8%.

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Total
2026	1.42%	-1.38%	-4.94%	12.46%	7.55%	0.06%	-3.11%						11.50%
2025	2.83%	-2.01%	-6.26%	-0.20%	7.33%	5.66%	1.94%	1.77%	4.15%	3.63%	-0.64%	-0.13%	18.77%
2024	1.64%	4.69%	2.07%	-4.37%	5.12%	4.56%	0.43%	1.66%	2.33%	-0.95%	6.03%	-1.54%	23.30%
2023	7.80%	-1.70%	6.41%	1.25%	3.42%	6.02%	3.61%	-1.64%	-4.65%	-1.94%	9.98%	5.15%	37.95%
2022	-6.61%	-3.75%	3.93%	-10.42%	-0.61%	-8.21%	10.40%	-4.56%	-9.80%	7.25%	5.63%	-6.97%	-23.53%
2021	-0.56%	1.44%	3.65%	5.09%	0.01%	3.81%	2.44%	3.29%	-5.09%	7.23%	0.08%	3.01%	26.62%

Benchmark Metrics

Base QQQ SPY DIA has an annualized alpha of 3.13%, beta of 1.07, and R2 of 0.89 versus S&P 500 Index. Calculated based on daily prices since March 10, 1999.

This portfolio captured 124.72% of S&P 500 Index gains and 107.05% of its losses - amplifying both gains and losses, but participating more in upside than downside.
This portfolio generated an annualized alpha of 3.13% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
With beta of 1.07 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: 3.13%

Beta: 1.07

R²: 0.89

Upside Capture: 124.72%

Downside Capture: 107.05%

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

Expense Ratio

Base QQQ SPY DIA has an expense ratio of 0.15%, 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.

QQQ

Invesco QQQ ETF

DIA

State Street SPDR Dow Jones Industrial Average ETF Trust

SPY

State Street SPDR S&P 500 ETF

Return for Risk

Risk / Return Rank

Base QQQ SPY DIA ranks 42 for risk / return — on par with similar Portfolios. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

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 Base QQQ SPY DIA 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	1.49	1.45	+0.04
Sortino ratioReturn per unit of downside risk	2.07	2.03	+0.05
Omega ratioGain probability vs. loss probability	1.26	1.26	0.00
Calmar ratioReturn relative to maximum drawdown	2.21	2.01	+0.20
Martin ratioReturn relative to average drawdown	8.98	8.68	+0.30

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
DIA State Street SPDR Dow Jones Industrial Average ETF Trust	59	1.53	2.26	1.27	1.92	7.39
QQQ Invesco QQQ ETF	52	1.32	1.83	1.23	2.07	7.22
SPY State Street SPDR S&P 500 ETF	64	1.56	2.17	1.28	2.21	9.59

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 Base QQQ SPY DIA Sharpe ratio is 1.49 as of Jul 21, 2026 (the value is recalculated daily), calculated over the past 12 months.

Compared to the broad market, where average Sharpe ratios range from 1.20 to 1.99, this portfolio's current Sharpe ratio falls between the 25th and 75th percentiles. This indicates that its risk-adjusted performance is in line with the majority of portfolios, suggesting a balanced approach to risk and return—likely suitable for a wide range of investors.

The chart below shows the rolling Sharpe ratio of Base QQQ SPY DIA 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

Base QQQ SPY DIA provided a 0.80% dividend yield over the last twelve months.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Portfolio	0.80%	0.83%	0.96%	1.09%	1.28%	0.89%	1.11%	1.27%	1.52%	1.35%	1.59%	1.58%
Portfolio components:
DIA State Street SPDR Dow Jones Industrial Average ETF Trust	1.39%	1.43%	1.61%	1.81%	1.91%	1.58%	1.87%	1.85%	2.24%	1.97%	2.26%	2.33%
QQQ Invesco QQQ ETF	0.44%	0.45%	0.56%	0.62%	0.80%	0.43%	0.55%	0.74%	0.91%	0.84%	1.06%	0.99%
SPY State Street SPDR S&P 500 ETF	1.01%	1.07%	1.21%	1.40%	1.65%	1.20%	1.52%	1.75%	2.04%	1.80%	2.03%	2.06%

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 Base QQQ SPY DIA. 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 Base QQQ SPY DIA was 66.84%, occurring on Oct 9, 2002. Recovery took 2617 trading sessions.

The current Base QQQ SPY DIA drawdown is 3.82%.

Drawdown	Fall	Recovery	Underwater	Related event
-66.84%Oct 2002	2y 6mo	10y 5mo	12y 11moMar 2000 - Mar 2013	Dot-com crash2000–2002
-31.23%Mar 2020	1mo 2d	3mo 15d	4mo 17dFeb 2020 - Jul 2020	COVID crash2020
-28.46%Oct 2022	9mo 18d	1y 1mo	1y 11moDec 2021 - Dec 2023	Bear market2022
-20.68%Dec 2018	2mo 21d	3mo 19d	6mo 10dOct 2018 - Apr 2019	Rate-hike selloffLate 2018
-20.11%Apr 2025	1mo 17d	2mo 19d	4mo 6dFeb 2025 - Jun 2025	2025 selloff2025

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 3 assets, with an effective number of assets of 2.63, reflecting the diversification based on asset allocation. Your capital is well-distributed across most of your holdings, with only mild concentration in a few names. True diversification also depends on the correlations between assets — check the diversification ratio below.

Diversification Ratio

	1Y	3Y	5Y	10Y	All Time
Diversification Ratio	1.05	1.04	1.03	1.03	1.05

The portfolio has a diversification ratio of 1.05, placing it in the bottom quartile across portfolios — positions are highly correlated. Consider adding assets from different classes or sectors to reduce risk.

Base QQQ SPY DIA correlation to the S&P 500 Index

Base QQQ SPY DIA has a 0.98 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	0.98
Correlation (3Y) Calculated over the trailing 3-year period	0.98
Correlation (5Y) Calculated over the trailing 5-year period	0.98
Correlation (10Y) Calculated over the trailing 10-year period	0.97
Correlation (All Time) Calculated using the full available price history since Mar 10, 1999	0.95

Benchmark Correlations

Correlation vs. S&P 500 Index. SPY has the highest benchmark correlation at 0.98, while QQQ has the lowest at 0.87.

QQQ

0.87

DIA

0.92

SPY

0.98

Portfolio Correlations

Correlation vs. Base QQQ SPY DIA. QQQ has the highest portfolio correlation at 0.97, while DIA has the lowest at 0.85.

DIA

0.85

SPY

0.95

QQQ

0.97

Asset Correlations Table

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

	DIA	QQQ	SPY
DIA	1.00	0.73	0.92
QQQ	0.73	1.00	0.87
SPY	0.92	0.87	1.00

The correlation results are calculated based on daily price changes starting from Mar 10, 1999

Diversification Analysis

Find what Base QQQ SPY DIA is missing

See which holdings overlap, where Base QQQ SPY DIA is concentrated, and which low-correlation assets could fill the gaps.

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