OVER SPY
Asset Allocation
| Position | Category/Sector | 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 Quarterly
The earliest data available for this chart is Jun 21, 2006, corresponding to the inception date of SH
Returns By Period
As of Nov 2, 2024, the OVER SPY returned 21.51% Year-To-Date and 14.32% 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 | 20.10% | -0.39% | 11.72% | 31.44% | 13.30% | 10.96% |
| OVER SPY | 21.51% | -0.91% | 11.41% | 32.71% | 17.19% | 14.21% |
| Portfolio components: | ||||||
VMFXX Vanguard Federal Money Market Fund | 4.04% | 0.00% | 2.23% | 4.95% | 2.27% | 1.53% |
SH ProShares Short S&P500 | -11.86% | 0.92% | -6.48% | -18.65% | -13.65% | -11.97% |
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 | 1.91% | 4.96% | 3.14% | -3.91% | 5.20% | 3.61% | 1.35% | 2.70% | 2.23% | -1.45% | 21.51% | ||
| 2023 | 6.33% | -2.04% | 3.75% | 1.88% | 0.62% | 6.10% | 3.29% | -1.36% | -4.53% | -1.92% | 9.03% | 4.04% | 27.21% |
| 2022 | -5.16% | -2.88% | 4.90% | -9.35% | 1.42% | -9.75% | 9.02% | -3.29% | -8.66% | 8.41% | 5.22% | -4.51% | -15.91% |
| 2021 | -0.72% | 2.89% | 4.49% | 5.02% | 0.79% | 2.13% | 2.53% | 2.93% | -4.29% | 6.93% | -0.50% | 4.13% | 29.11% |
| 2020 | 0.10% | -8.26% | -6.53% | 12.93% | 4.05% | 2.39% | 5.46% | 5.92% | -2.34% | -2.08% | 10.29% | 3.24% | 25.60% |
| 2019 | 7.43% | 2.80% | 1.85% | 3.85% | -6.00% | 7.02% | 1.57% | -1.14% | 2.07% | 2.24% | 3.47% | 2.65% | 30.78% |
| 2018 | 5.44% | -2.93% | -2.24% | 0.59% | 2.37% | 0.71% | 3.70% | 3.03% | 0.22% | -6.78% | 2.41% | -10.21% | -4.75% |
| 2017 | 1.79% | 3.63% | 0.13% | 0.93% | 1.36% | 0.58% | 2.04% | 0.36% | 1.99% | 2.41% | 2.86% | 1.17% | 20.98% |
| 2016 | -5.03% | 0.26% | 7.38% | 0.49% | 1.86% | 0.53% | 3.57% | 0.05% | 0.33% | -1.71% | 3.74% | 1.92% | 13.67% |
| 2015 | -2.81% | 5.79% | -1.30% | 1.14% | 1.36% | -1.90% | 2.43% | -5.61% | -2.51% | 7.74% | 0.44% | -1.28% | 2.75% |
| 2014 | -3.42% | 4.80% | 1.00% | 0.92% | 2.25% | 1.97% | -1.24% | 4.03% | -1.21% | 2.62% | 2.68% | -0.12% | 14.90% |
| 2013 | 4.88% | 1.14% | 3.25% | 2.31% | 2.25% | -1.37% | 5.41% | -2.66% | 3.02% | 4.68% | 2.78% | 2.35% | 31.54% |
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
The current rank of OVER SPY is 65, 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 | |
|---|---|---|---|---|---|
VMFXX Vanguard Federal Money Market Fund | 3.46 | — | — | — | — |
SH ProShares Short S&P500 | -1.55 | -2.27 | 0.75 | -0.20 | -1.30 |
Dividends
Dividend yield
OVER SPY provided a -16.42% dividend yield over the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | -16.42% | -11.54% | 1.81% | 0.02% | 0.28% | -1.72% | -0.82% | 0.77% | 0.00% | 0.00% | 0.00% | 0.01% |
| Portfolio components: | ||||||||||||
VMFXX Vanguard Federal Money Market Fund | 4.83% | 4.97% | 1.54% | 0.01% | 0.45% | 2.12% | 1.61% | 0.50% | 0.00% | 0.00% | 0.00% | 0.01% |
SH ProShares Short S&P500 | 26.08% | 21.49% | 1.27% | 0.00% | 0.62% | 5.96% | 4.04% | 0.24% | 0.00% | 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 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 54.06%, occurring on Nov 20, 2008. Recovery took 555 trading sessions.
The current OVER SPY drawdown is 2.68%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -54.06% | Oct 10, 2007 | 283 | Nov 20, 2008 | 555 | Feb 4, 2011 | 838 |
| -37.88% | Feb 20, 2020 | 23 | Mar 23, 2020 | 53 | Jun 8, 2020 | 76 |
| -24.64% | Jan 5, 2022 | 113 | Jun 16, 2022 | 273 | Jul 18, 2023 | 386 |
| -22.72% | Sep 21, 2018 | 65 | Dec 24, 2018 | 122 | Jun 20, 2019 | 187 |
| -18.23% | Jul 8, 2011 | 22 | Aug 8, 2011 | 112 | Jan 18, 2012 | 134 |
Volatility
Volatility Chart
The current OVER SPY volatility is 3.15%, 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 |