2-12
Asset Allocation
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in 2-12, 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 Nov 13, 2019, corresponding to the inception date of FNGS
Returns By Period
| Year-To-Date | 1 month | 6 months | 1 year | 5 years (annualized) | 10 years (annualized) | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | 13.20% | -1.28% | 10.32% | 18.23% | 12.31% | 10.58% |
| 2-12 | 13.53% | -2.47% | 10.70% | 21.51% | N/A | N/A |
| Portfolio components: | ||||||
VOO Vanguard S&P 500 ETF | 14.04% | -1.30% | 11.13% | 20.75% | 14.14% | 12.62% |
ACWI iShares MSCI ACWI ETF | 10.43% | -0.90% | 9.24% | 15.57% | 10.29% | 8.42% |
TOK iShares MSCI Kokusai ETF | 11.52% | -0.84% | 9.77% | 17.84% | 11.90% | 9.80% |
FNGS MicroSectors FANG+ ETN | 24.59% | -4.12% | 18.11% | 39.15% | N/A | N/A |
JPXN iShares JPX-Nikkei 400 ETF | 7.27% | 1.20% | 5.66% | 10.00% | 6.43% | 5.20% |
QQQ Invesco QQQ | 12.23% | -4.60% | 8.45% | 22.52% | 19.44% | 17.83% |
SOXX iShares PHLX Semiconductor ETF | 17.20% | -8.50% | 12.95% | 31.59% | 29.26% | 27.55% |
Monthly Returns
The table below presents the monthly returns of 2-12, 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% | 5.84% | 2.90% | -4.01% | 5.46% | 4.03% | 13.53% | ||||||
| 2023 | 9.28% | -1.49% | 5.82% | 0.26% | 3.64% | 6.38% | 3.64% | -2.36% | -4.83% | -2.74% | 10.31% | 5.74% | 37.60% |
| 2022 | -6.37% | -3.27% | 2.92% | -10.69% | 0.52% | -9.08% | 9.73% | -4.82% | -9.87% | 5.11% | 8.35% | -6.29% | -23.58% |
| 2021 | -0.02% | 2.79% | 2.58% | 4.20% | 0.68% | 3.27% | 1.49% | 2.86% | -4.41% | 6.52% | 0.29% | 3.05% | 25.45% |
| 2020 | 0.15% | -6.81% | -11.53% | 12.64% | 5.72% | 3.91% | 6.32% | 8.32% | -3.39% | -2.31% | 11.84% | 4.87% | 30.25% |
| 2019 | 1.24% | 4.02% | 5.31% |
Expense Ratio
2-12 has an expense ratio of 0.25%, 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 2-12 is 60, suggesting that the investment has average results relative to other portfolios in terms of risk-adjusted performance. This ranking is determined by the cumulative 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 | |
|---|---|---|---|---|---|
VOO Vanguard S&P 500 ETF | 1.73 | 2.43 | 1.30 | 1.72 | 6.83 |
ACWI iShares MSCI ACWI ETF | 1.34 | 1.93 | 1.23 | 1.04 | 4.37 |
TOK iShares MSCI Kokusai ETF | 1.53 | 2.23 | 1.27 | 1.34 | 5.47 |
FNGS MicroSectors FANG+ ETN | 1.62 | 2.18 | 1.28 | 2.65 | 9.04 |
JPXN iShares JPX-Nikkei 400 ETF | 0.80 | 1.20 | 1.14 | 0.56 | 2.89 |
QQQ Invesco QQQ | 1.35 | 1.87 | 1.24 | 1.58 | 6.75 |
SOXX iShares PHLX Semiconductor ETF | 1.11 | 1.60 | 1.20 | 1.86 | 4.56 |
Dividends
Dividend yield
2-12 granted a 1.26% dividend yield in the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2-12 | 1.26% | 1.36% | 1.63% | 1.18% | 1.18% | 1.64% | 1.78% | 1.55% | 1.74% | 1.88% | 1.79% | 1.57% |
| Portfolio components: | ||||||||||||
VOO Vanguard S&P 500 ETF | 1.34% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
ACWI iShares MSCI ACWI ETF | 1.70% | 1.88% | 1.79% | 1.71% | 1.43% | 2.33% | 2.25% | 1.94% | 2.19% | 2.56% | 2.26% | 1.89% |
TOK iShares MSCI Kokusai ETF | 1.81% | 1.95% | 3.55% | 1.66% | 1.52% | 2.12% | 2.74% | 2.60% | 2.56% | 3.02% | 2.64% | 2.38% |
FNGS MicroSectors FANG+ ETN | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
JPXN iShares JPX-Nikkei 400 ETF | 2.60% | 2.57% | 1.47% | 2.63% | 1.27% | 1.92% | 1.60% | 1.50% | 2.07% | 1.32% | 1.42% | 1.18% |
QQQ Invesco QQQ | 0.63% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.01% |
SOXX iShares PHLX Semiconductor ETF | 0.65% | 0.78% | 1.25% | 0.64% | 0.81% | 1.23% | 1.37% | 0.90% | 1.08% | 1.29% | 1.56% | 1.18% |
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 2-12. 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 2-12 was 32.04%, occurring on Mar 23, 2020. Recovery took 76 trading sessions.
The current 2-12 drawdown is 5.67%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -32.04% | Feb 20, 2020 | 23 | Mar 23, 2020 | 76 | Jul 10, 2020 | 99 |
| -30.15% | Dec 28, 2021 | 202 | Oct 14, 2022 | 290 | Dec 11, 2023 | 492 |
| -9.28% | Sep 3, 2020 | 14 | Sep 23, 2020 | 33 | Nov 9, 2020 | 47 |
| -6.77% | Feb 17, 2021 | 14 | Mar 8, 2021 | 19 | Apr 5, 2021 | 33 |
| -6.37% | Jul 11, 2024 | 11 | Jul 25, 2024 | — | — | — |
Volatility
Volatility Chart
The current 2-12 volatility is 4.98%, 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
| JPXN | FNGS | SOXX | QQQ | TOK | VOO | ACWI | |
|---|---|---|---|---|---|---|---|
| JPXN | 1.00 | 0.53 | 0.58 | 0.59 | 0.72 | 0.67 | 0.75 |
| FNGS | 0.53 | 1.00 | 0.77 | 0.91 | 0.76 | 0.78 | 0.77 |
| SOXX | 0.58 | 0.77 | 1.00 | 0.86 | 0.78 | 0.80 | 0.80 |
| QQQ | 0.59 | 0.91 | 0.86 | 1.00 | 0.87 | 0.91 | 0.87 |
| TOK | 0.72 | 0.76 | 0.78 | 0.87 | 1.00 | 0.96 | 0.97 |
| VOO | 0.67 | 0.78 | 0.80 | 0.91 | 0.96 | 1.00 | 0.97 |
| ACWI | 0.75 | 0.77 | 0.80 | 0.87 | 0.97 | 0.97 | 1.00 |