OVER SPY
Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
SH ProShares Short S&P500 | Inverse Equities | -100% |
VMFXX Vanguard Federal Money Market Fund | Money Market | 200% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in OVER SPY, 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.
The earliest data available for this chart is Jun 21, 2006, corresponding to the inception date of SH
Returns By Period
As of Jan 25, 2025, the OVER SPY returned 0.16% Year-To-Date and 3.43% of annualized return in the last 10 years.
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | 2.22% | 0.69% | 10.04% | 22.93% | 12.98% | 11.70% |
| OVER SPY | 0.16% | 0.48% | 3.06% | 6.42% | 3.78% | 3.48% |
| Portfolio components: | ||||||
VMFXX Vanguard Federal Money Market Fund | 0.00% | 0.38% | 2.51% | 5.25% | 2.45% | 1.65% |
SH ProShares Short S&P500 | -3.21% | -1.65% | -8.00% | -14.66% | -13.49% | -12.50% |
Monthly Returns
The table below presents the monthly returns of OVER SPY, 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 | 0.54% | 0.70% | 0.61% | 0.20% | 0.69% | 0.62% | 0.50% | 0.57% | 0.51% | 0.35% | 0.65% | 0.26% | 6.37% |
| 2023 | 0.81% | 0.15% | 0.64% | 0.50% | 0.44% | 0.81% | 0.62% | 0.33% | 0.11% | 0.29% | 1.00% | 0.71% | 6.60% |
| 2022 | -0.33% | -0.17% | 0.29% | -0.58% | 0.12% | -0.51% | 0.82% | -0.11% | -0.53% | 0.89% | 0.71% | -0.09% | 0.51% |
| 2021 | -0.06% | 0.25% | 0.39% | 0.40% | 0.08% | 0.18% | 0.18% | 0.22% | -0.32% | 0.49% | -0.04% | 0.31% | 2.09% |
| 2020 | 0.13% | -0.89% | -0.68% | 1.79% | 0.63% | 0.32% | 0.62% | 0.71% | -0.31% | -0.20% | 1.01% | 0.34% | 3.48% |
| 2019 | 1.39% | 0.64% | 0.46% | 0.71% | -0.71% | 1.13% | 0.38% | 0.00% | 0.41% | 0.43% | 0.59% | 0.48% | 6.06% |
| 2018 | 0.93% | -0.40% | -0.23% | 0.20% | 0.50% | 0.23% | 0.70% | 0.61% | 0.04% | -0.79% | 0.46% | -1.13% | 1.10% |
| 2017 | 0.35% | 0.72% | 0.03% | 0.17% | 0.25% | 0.11% | 0.42% | 0.13% | 0.42% | 0.48% | 0.56% | 0.30% | 4.00% |
| 2016 | -1.13% | 0.06% | 1.60% | 0.11% | 0.42% | 0.11% | 0.79% | 0.01% | 0.06% | -0.36% | 0.77% | 0.41% | 2.86% |
| 2015 | -0.67% | 1.34% | -0.31% | 0.27% | 0.32% | -0.45% | 0.58% | -1.35% | -0.51% | 2.03% | 0.12% | -0.31% | 1.01% |
| 2014 | -1.01% | 1.38% | 0.29% | 0.26% | 0.65% | 0.58% | -0.33% | 1.06% | -0.33% | 0.68% | 0.71% | -0.00% | 3.99% |
Expense Ratio
OVER SPY has an expense ratio of -0.90%, 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
With an overall rank of 99, OVER SPY is among the top 1% of portfolios on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
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 | |
|---|---|---|---|---|---|
VMFXX Vanguard Federal Money Market Fund | 3.62 | — | — | — | — |
SH ProShares Short S&P500 | -1.18 | -1.73 | 0.81 | -0.16 | -1.55 |
Dividends
Dividend yield
OVER SPY provided a 3.82% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 3.82% | 4.03% | 4.57% | 2.77% | 0.02% | 0.75% | 2.48% | 2.20% | 0.95% |
| Portfolio components: | |||||||||
VMFXX Vanguard Federal Money Market Fund | 5.11% | 5.11% | 4.97% | 1.54% | 0.01% | 0.45% | 2.12% | 1.61% | 0.50% |
SH ProShares Short S&P500 | 6.40% | 6.20% | 5.37% | 0.32% | 0.00% | 0.16% | 1.76% | 1.01% | 0.06% |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the OVER SPY. 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 OVER SPY was 70.79%, occurring on Mar 9, 2009. Recovery took 275 trading sessions.
The current OVER SPY drawdown is 0.02%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -70.79% | Oct 10, 2007 | 355 | Mar 9, 2009 | 275 | Apr 12, 2010 | 630 |
| -12.4% | Apr 26, 2010 | 49 | Jul 2, 2010 | 71 | Oct 13, 2010 | 120 |
| -10.87% | Jul 8, 2011 | 22 | Aug 8, 2011 | 102 | Jan 3, 2012 | 124 |
| -7.94% | Jul 16, 2007 | 23 | Aug 15, 2007 | 38 | Oct 9, 2007 | 61 |
| -5.33% | Feb 21, 2007 | 9 | Mar 5, 2007 | 31 | Apr 18, 2007 | 40 |
Volatility
Volatility Chart
The current OVER SPY volatility is 0.42%, 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
| SH | VMFXX | |
|---|---|---|
| SH | 1.00 | 0.01 |
| VMFXX | 0.01 | 1.00 |