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GBTC + 3x ETFs
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Diversification

Asset Allocation


TQQQ 33.33%GBTC 33.33%SOXL 33.33%EquityEquity
PositionCategory/SectorWeight
GBTC
Grayscale Bitcoin Trust (BTC)
Financial Services

33.33%

SOXL
Direxion Daily Semiconductor Bull 3x Shares
Leveraged Equities, Leveraged

33.33%

TQQQ
ProShares UltraPro QQQ
Leveraged Equities, Leveraged

33.33%

S&P 500

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in GBTC + 3x ETFs, 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


0.00%50.00%100.00%150.00%NovemberDecember2024FebruaryMarchApril
93.81%
18.81%
GBTC + 3x ETFs
Benchmark (^GSPC)
Portfolio components

The earliest data available for this chart is May 4, 2015, corresponding to the inception date of GBTC

Returns By Period


Year-To-Date1 month6 months1 year5 years (annualized)10 years (annualized)
^GSPC
S&P 500
5.05%-4.27%18.82%21.22%11.38%10.42%
GBTC + 3x ETFs23.41%-15.22%93.81%160.95%45.29%N/A
TQQQ
ProShares UltraPro QQQ
0.80%-18.70%49.25%92.30%25.89%36.17%
GBTC
Grayscale Bitcoin Trust (BTC)
71.17%4.00%139.87%289.87%54.39%N/A
SOXL
Direxion Daily Semiconductor Bull 3x Shares
2.22%-30.93%96.27%117.17%19.71%38.28%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20245.29%31.57%8.72%
2023-11.64%3.49%29.39%22.04%

Expense Ratio

The GBTC + 3x ETFs has a high expense ratio of 0.65%, indicating higher-than-average management fees. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.


Expense ratio chart for TQQQ: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%
Expense ratio chart for SOXL: current value at 0.99% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.99%

Risk-Adjusted Performance

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.


GBTC + 3x ETFs
Sharpe ratio
The chart of Sharpe ratio for GBTC + 3x ETFs, currently valued at 3.20, compared to the broader market-1.000.001.002.003.004.005.003.20
Sortino ratio
The chart of Sortino ratio for GBTC + 3x ETFs, currently valued at 3.56, compared to the broader market0.002.004.006.003.56
Omega ratio
The chart of Omega ratio for GBTC + 3x ETFs, currently valued at 1.42, compared to the broader market0.801.001.201.401.601.801.42
Calmar ratio
The chart of Calmar ratio for GBTC + 3x ETFs, currently valued at 2.15, compared to the broader market0.002.004.006.008.002.15
Martin ratio
The chart of Martin ratio for GBTC + 3x ETFs, currently valued at 16.36, compared to the broader market0.0010.0020.0030.0040.0016.36
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 1.81, compared to the broader market-1.000.001.002.003.004.005.001.81
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 2.64, compared to the broader market0.002.004.006.002.64
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.31, compared to the broader market0.801.001.201.401.601.801.32
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.38, compared to the broader market0.002.004.006.008.001.38
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 7.21, compared to the broader market0.0010.0020.0030.0040.007.21

Portfolio components
Sharpe ratioSortino ratioOmega ratioCalmar ratioMartin ratio
TQQQ
ProShares UltraPro QQQ
1.902.421.291.308.53
GBTC
Grayscale Bitcoin Trust (BTC)
4.584.401.523.5731.18
SOXL
Direxion Daily Semiconductor Bull 3x Shares
1.342.061.241.375.56

Sharpe Ratio

The current GBTC + 3x ETFs Sharpe ratio is 3.20. A Sharpe ratio of 3.0 or higher is considered excellent.

-1.000.001.002.003.004.005.003.20

The Sharpe ratio of GBTC + 3x ETFs is in the top 25%, it signifies superior risk-adjusted performance. This means that for the level of risk undertaken, the portfolio is generating impressive returns compared to most others.


Rolling 12-month Sharpe Ratio0.001.002.003.004.005.006.00NovemberDecember2024FebruaryMarchApril
3.20
1.81
GBTC + 3x ETFs
Benchmark (^GSPC)
Portfolio components

Dividends

Dividend yield

GBTC + 3x ETFs granted a 0.64% dividend yield in the last twelve months.


TTM2023202220212020201920182017201620152014
GBTC + 3x ETFs0.64%0.59%0.55%0.01%0.02%0.15%0.47%0.11%1.61%0.00%0.01%
TQQQ
ProShares UltraPro QQQ
1.38%1.26%0.57%0.00%0.00%0.06%0.11%0.00%0.00%0.01%0.03%
GBTC
Grayscale Bitcoin Trust (BTC)
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.26%0.00%0.00%0.00%
SOXL
Direxion Daily Semiconductor Bull 3x Shares
0.53%0.51%1.07%0.04%0.05%0.38%1.30%0.09%4.84%0.00%0.00%

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2024FebruaryMarchApril
-23.02%
-4.64%
GBTC + 3x ETFs
Benchmark (^GSPC)
Portfolio components

Worst Drawdowns

The table below displays the maximum drawdowns of the GBTC + 3x ETFs. 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 GBTC + 3x ETFs was 83.46%, occurring on Dec 28, 2022. The portfolio has not yet recovered.

The current GBTC + 3x ETFs drawdown is 23.02%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-83.46%Nov 22, 2021277Dec 28, 2022
-68.92%Dec 19, 2017255Dec 24, 2018249Dec 19, 2019504
-66.48%Feb 20, 202018Mar 16, 202099Aug 5, 2020117
-44.09%May 6, 201578Aug 25, 201550Nov 4, 2015128
-39.37%Dec 30, 201530Feb 11, 201674May 27, 2016104

Volatility

Volatility Chart

The current GBTC + 3x ETFs volatility is 14.25%, 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.


0.00%5.00%10.00%15.00%20.00%NovemberDecember2024FebruaryMarchApril
14.25%
3.30%
GBTC + 3x ETFs
Benchmark (^GSPC)
Portfolio components

Diversification

Asset Correlations Table

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

GBTCSOXLTQQQ
GBTC1.000.210.23
SOXL0.211.000.83
TQQQ0.230.831.00