Based
Asset Allocation
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Based, 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 Nov 15, 2024, the Based returned 21.20% Year-To-Date and 17.62% 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 | 24.72% | 2.30% | 12.31% | 32.12% | 13.81% | 11.31% |
| Based | 21.20% | 1.23% | 8.28% | 29.16% | 18.26% | 17.62% |
| Portfolio components: | ||||||
VT Vanguard Total World Stock ETF | 17.82% | 0.22% | 7.65% | 25.84% | 11.02% | 9.36% |
XLK Technology Select Sector SPDR Fund | 22.48% | 2.56% | 10.87% | 29.63% | 23.02% | 20.43% |
BTC-USD Bitcoin | 106.44% | 30.14% | 33.75% | 130.33% | 59.13% | 71.89% |
GLD SPDR Gold Trust | 23.98% | -3.62% | 7.72% | 30.48% | 11.39% | 7.59% |
SLV iShares Silver Trust | 27.69% | -3.13% | 2.77% | 29.65% | 11.90% | 6.02% |
USO United States Oil Fund LP | 6.96% | -2.02% | -6.50% | -0.07% | -5.90% | -11.03% |
XLV Health Care Select Sector SPDR Fund | 7.17% | -5.45% | -0.28% | 14.73% | 10.07% | 9.66% |
BIL SPDR Barclays 1-3 Month T-Bill ETF | 4.57% | 0.37% | 2.53% | 5.27% | 2.26% | 1.55% |
Monthly Returns
The table below presents the monthly returns of Based, 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 | 1.45% | 6.06% | 3.25% | -4.83% | 5.11% | 3.05% | 0.53% | 1.71% | 1.74% | -1.61% | 21.20% | ||
| 2023 | 7.50% | -2.18% | 6.62% | 1.37% | 0.76% | 5.59% | 2.54% | -2.25% | -4.15% | -0.33% | 9.10% | 4.82% | 32.42% |
| 2022 | -5.99% | -1.98% | 3.32% | -8.43% | -0.36% | -8.14% | 8.31% | -5.60% | -8.26% | 7.12% | 5.58% | -4.70% | -19.33% |
| 2021 | 0.70% | 3.21% | 4.66% | 4.06% | -0.73% | 2.77% | 3.34% | 3.06% | -4.96% | 7.81% | -0.98% | 3.16% | 28.74% |
| 2020 | 1.42% | -7.01% | -11.25% | 12.22% | 5.83% | 2.73% | 6.58% | 6.86% | -3.99% | -1.78% | 12.64% | 8.41% | 33.93% |
| 2019 | 6.13% | 3.96% | 2.31% | 4.32% | -1.84% | 9.89% | 0.49% | -1.45% | 0.70% | 3.96% | 2.62% | 3.36% | 39.66% |
| 2018 | 4.21% | -2.89% | -3.47% | 2.09% | 0.99% | -0.68% | 4.08% | 2.54% | 0.38% | -7.23% | -0.36% | -7.63% | -8.50% |
| 2017 | 2.88% | 4.86% | 0.56% | 2.83% | 6.52% | 1.20% | 3.46% | 4.89% | 0.44% | 5.24% | 6.04% | 4.15% | 52.32% |
| 2016 | -5.77% | 0.26% | 6.17% | 0.24% | 2.98% | 1.51% | 4.34% | -0.59% | 1.21% | -1.72% | 1.17% | 3.35% | 13.39% |
| 2015 | -3.05% | 6.21% | -1.63% | 1.65% | 1.48% | -1.67% | 1.72% | -6.90% | -3.00% | 9.35% | 1.05% | -0.32% | 3.93% |
| 2014 | -1.86% | 2.96% | -0.68% | 0.12% | 4.41% | 2.14% | -0.74% | 2.07% | -2.30% | 1.07% | 3.02% | -2.55% | 7.60% |
| 2013 | 6.08% | 4.05% | 22.91% | 4.49% | 0.25% | -3.87% | 5.29% | -0.29% | 3.30% | 6.41% | 34.15% | -7.99% | 94.58% |
Expense Ratio
Based has an expense ratio of 0.11%, 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 rank of Based is 9, indicating that it is in the bottom 9% 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 | |
|---|---|---|---|---|---|
VT Vanguard Total World Stock ETF | 1.31 | 1.85 | 1.24 | 0.49 | 7.72 |
XLK Technology Select Sector SPDR Fund | 0.76 | 1.14 | 1.15 | 0.27 | 3.10 |
BTC-USD Bitcoin | 0.86 | 1.55 | 1.15 | 0.68 | 3.55 |
GLD SPDR Gold Trust | 1.76 | 2.36 | 1.30 | 1.09 | 11.54 |
SLV iShares Silver Trust | 1.13 | 1.71 | 1.21 | 0.25 | 5.50 |
USO United States Oil Fund LP | -0.20 | -0.10 | 0.99 | -0.02 | -0.66 |
XLV Health Care Select Sector SPDR Fund | -0.05 | 0.01 | 1.00 | 1.81 | -0.19 |
BIL SPDR Barclays 1-3 Month T-Bill ETF | 16.64 | 222.64 | 107.81 | 72.68 | 4,362.32 |
Dividends
Dividend yield
Based provided a 1.36% dividend yield over the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 1.36% | 1.48% | 1.51% | 1.19% | 1.24% | 1.75% | 1.84% | 1.56% | 1.80% | 1.80% | 1.77% | 1.64% |
| Portfolio components: | ||||||||||||
VT Vanguard Total World Stock ETF | 1.85% | 2.08% | 2.20% | 1.82% | 1.66% | 2.32% | 2.53% | 2.11% | 2.39% | 2.45% | 2.44% | 2.06% |
XLK Technology Select Sector SPDR Fund | 0.67% | 0.76% | 1.04% | 0.65% | 0.92% | 1.16% | 1.60% | 1.37% | 1.74% | 1.79% | 1.75% | 1.70% |
BTC-USD Bitcoin | 0.00% | 0.00% | 0.00% | 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% | 0.00% | 0.00% | 0.00% |
SLV iShares Silver Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
USO United States Oil Fund LP | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XLV Health Care Select Sector SPDR Fund | 1.57% | 1.59% | 1.47% | 1.33% | 1.49% | 2.17% | 1.58% | 1.47% | 1.60% | 1.43% | 1.35% | 1.52% |
BIL SPDR Barclays 1-3 Month T-Bill ETF | 5.15% | 4.92% | 1.35% | 0.00% | 0.30% | 2.05% | 1.66% | 0.68% | 0.07% | 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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Based. 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 Based was 40.16%, occurring on Oct 3, 2011. Recovery took 534 trading sessions.
The current Based drawdown is 1.50%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -40.16% | Jun 10, 2011 | 116 | Oct 3, 2011 | 534 | Mar 20, 2013 | 650 |
| -31.24% | Feb 13, 2020 | 40 | Mar 23, 2020 | 119 | Jul 20, 2020 | 159 |
| -26.35% | Dec 28, 2021 | 289 | Oct 12, 2022 | 404 | Nov 20, 2023 | 693 |
| -19.51% | Oct 2, 2018 | 85 | Dec 25, 2018 | 119 | Apr 23, 2019 | 204 |
| -15.85% | Nov 30, 2013 | 19 | Dec 18, 2013 | 197 | Jul 3, 2014 | 216 |
Volatility
Volatility Chart
The current Based volatility is 3.75%, 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 | BTC-USD | USO | GLD | SLV | XLV | XLK | VT | |
|---|---|---|---|---|---|---|---|---|
| BIL | 1.00 | -0.00 | 0.00 | 0.01 | -0.00 | -0.02 | 0.03 | 0.02 |
| BTC-USD | -0.00 | 1.00 | 0.02 | 0.05 | 0.07 | 0.07 | 0.09 | 0.10 |
| USO | 0.00 | 0.02 | 1.00 | 0.14 | 0.20 | 0.16 | 0.20 | 0.33 |
| GLD | 0.01 | 0.05 | 0.14 | 1.00 | 0.75 | 0.02 | 0.02 | 0.11 |
| SLV | -0.00 | 0.07 | 0.20 | 0.75 | 1.00 | 0.11 | 0.13 | 0.24 |
| XLV | -0.02 | 0.07 | 0.16 | 0.02 | 0.11 | 1.00 | 0.56 | 0.66 |
| XLK | 0.03 | 0.09 | 0.20 | 0.02 | 0.13 | 0.56 | 1.00 | 0.77 |
| VT | 0.02 | 0.10 | 0.33 | 0.11 | 0.24 | 0.66 | 0.77 | 1.00 |