Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
ARKK ARK Innovation ETF | Actively Managed, Technology Equities | 12.50% |
ARTIX Artisan International Fund | Foreign Large Cap Equities | 12.50% |
BSV Vanguard Short-Term Bond Index Fund ETF Shares | Short-Term Bond | 12.50% |
PCLIX PIMCO CommoditiesPLUS Strategy Fund | Commodities | 12.50% |
PFORX PIMCO International Bond Fund (U.S. Dollar-Hedged) | Global Bonds | 12.50% |
VDE Vanguard Energy ETF | Energy Equities | 12.50% |
VEA Vanguard FTSE Developed Markets ETF | Foreign Large Cap Equities | 12.50% |
VWO Vanguard FTSE Emerging Markets ETF | Emerging Markets Equities | 12.50% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Net Portfolio (Ex-Core Bets), 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.
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The earliest data available for this chart is Oct 31, 2014, corresponding to the inception date of ARKK
Returns By Period
As of Apr 4, 2026, the Net Portfolio (Ex-Core Bets) returned 8.56% Year-To-Date and 10.62% of annualized return in the last 10 years.
| 1D | 1M | YTD | 6M | 1Y | 3Y* | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|---|---|
Benchmark S&P 500 Index | 0.11% | -4.18% | -3.84% | -1.98% | 21.98% | 16.86% | 10.37% | 12.29% |
Portfolio Net Portfolio (Ex-Core Bets) | 0.12% | 1.14% | 8.56% | 8.04% | 30.64% | 15.19% | 8.60% | 10.62% |
| Portfolio components: | ||||||||
ARKK ARK Innovation ETF | 0.23% | -8.50% | -10.87% | -22.37% | 51.95% | 20.43% | -10.47% | 14.27% |
VDE Vanguard Energy ETF | 0.76% | 6.41% | 34.23% | 35.74% | 43.94% | 15.51% | 23.51% | 11.00% |
BSV Vanguard Short-Term Bond Index Fund ETF Shares | 0.08% | -0.36% | 0.23% | 1.27% | 3.69% | 4.23% | 1.70% | 1.98% |
VWO Vanguard FTSE Emerging Markets ETF | -0.72% | -3.17% | 0.11% | 0.16% | 23.95% | 13.41% | 3.75% | 7.73% |
VEA Vanguard FTSE Developed Markets ETF | -0.77% | -3.90% | 3.65% | 7.84% | 33.16% | 16.09% | 8.76% | 9.49% |
ARTIX Artisan International Fund | -0.62% | -0.80% | 7.94% | 9.30% | 33.73% | 19.78% | 9.82% | 9.52% |
PCLIX PIMCO CommoditiesPLUS Strategy Fund | 2.29% | 15.12% | 31.09% | 32.25% | 37.48% | 14.45% | 18.40% | 13.54% |
PFORX PIMCO International Bond Fund (U.S. Dollar-Hedged) | -0.10% | -2.31% | -1.62% | -0.69% | 1.85% | 4.85% | 1.19% | 2.83% |
Monthly Returns
Based on dividend-adjusted daily data since Nov 3, 2014, Net Portfolio (Ex-Core Bets)'s average daily return is +0.03%, while the average monthly return is +0.70%. At this rate, your investment would double in approximately 8.3 years.
Historically, 60% of months were positive and 40% were negative. The best month was Nov 2020 with a return of +12.2%, while the worst month was Mar 2020 at -15.3%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 5 months.
On a daily basis, Net Portfolio (Ex-Core Bets) closed higher 54% of trading days. The best single day was Mar 29, 2021 with a return of +6.6%, while the worst single day was Mar 16, 2020 at -7.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 4.92% | 3.24% | -0.24% | 0.46% | 8.56% | ||||||||
| 2025 | 3.39% | -0.31% | -0.95% | -0.59% | 3.66% | 6.52% | 1.60% | 1.70% | 3.65% | 1.07% | -1.28% | 0.44% | 20.28% |
| 2024 | -1.87% | 3.11% | 3.19% | -2.60% | 1.25% | 0.27% | 1.63% | 0.33% | 1.85% | -1.75% | 4.57% | -2.03% | 7.93% |
| 2023 | 7.72% | -3.22% | 1.55% | -0.69% | -2.00% | 4.29% | 5.42% | -2.80% | -1.96% | -3.54% | 6.80% | 4.12% | 15.79% |
| 2022 | -0.46% | -0.54% | 1.65% | -6.15% | 2.45% | -7.62% | 4.51% | -2.81% | -7.31% | 5.34% | 5.09% | -3.44% | -10.04% |
| 2021 | 2.65% | 3.83% | -0.25% | 2.26% | 1.36% | 3.06% | -2.26% | 0.60% | -0.94% | 4.00% | -5.22% | 1.43% | 10.60% |
Benchmark Metrics
Net Portfolio (Ex-Core Bets) has an annualized alpha of 0.91%, beta of 0.64, and R² of 0.69 versus S&P 500 Index. Calculated based on daily prices since November 03, 2014.
- This portfolio participated in 77.80% of S&P 500 Index downside but only 69.71% of its upside — more exposed to losses than it benefited from rallies.
- Beta of 0.64 indicates this portfolio moves significantly less than S&P 500 Index — a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- 0.91%
- Beta
- 0.64
- R²
- 0.69
- Upside Capture
- 69.71%
- Downside Capture
- 77.80%
Expense Ratio
Net Portfolio (Ex-Core Bets) has an expense ratio of 0.46%, placing it in the medium range. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.
Return for Risk
Risk / Return Rank
Net Portfolio (Ex-Core Bets) ranks 88 for risk / return — in the top 88% of portfolios on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
| Portfolio | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.15 | 0.88 | +1.27 |
Sortino ratioReturn per unit of downside risk | 2.90 | 1.37 | +1.53 |
Omega ratioGain probability vs. loss probability | 1.45 | 1.21 | +0.24 |
Calmar ratioReturn relative to maximum drawdown | 2.75 | 1.39 | +1.36 |
Martin ratioReturn relative to average drawdown | 15.50 | 6.43 | +9.07 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
How much return does each position deliver for the risk it carries? Higher values mean better reward for the risk taken.
| Risk / Return Rank | Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|---|
ARKK ARK Innovation ETF | 44 | 0.93 | 1.56 | 1.18 | 1.39 | 3.54 |
VDE Vanguard Energy ETF | 58 | 1.30 | 1.70 | 1.25 | 1.74 | 4.96 |
BSV Vanguard Short-Term Bond Index Fund ETF Shares | 90 | 2.11 | 3.37 | 1.42 | 3.21 | 12.06 |
VWO Vanguard FTSE Emerging Markets ETF | 61 | 1.22 | 1.74 | 1.25 | 1.78 | 6.68 |
VEA Vanguard FTSE Developed Markets ETF | 81 | 1.73 | 2.36 | 1.35 | 2.64 | 10.14 |
ARTIX Artisan International Fund | 92 | 2.17 | 2.79 | 1.41 | 3.53 | 13.26 |
PCLIX PIMCO CommoditiesPLUS Strategy Fund | 80 | 1.71 | 2.25 | 1.31 | 3.05 | 8.45 |
PFORX PIMCO International Bond Fund (U.S. Dollar-Hedged) | 15 | 0.64 | 0.90 | 1.12 | 0.59 | 2.54 |
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Dividends
Dividend yield
Net Portfolio (Ex-Core Bets) provided a 4.75% dividend yield over the last twelve months.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 4.75% | 5.27% | 4.48% | 2.88% | 7.62% | 13.78% | 2.32% | 3.36% | 5.74% | 3.21% | 1.51% | 3.10% |
| Portfolio components: | ||||||||||||
ARKK ARK Innovation ETF | 0.00% | 0.00% | 0.00% | 0.70% | 0.00% | 0.55% | 1.64% | 0.38% | 3.14% | 1.32% | 0.00% | 2.27% |
VDE Vanguard Energy ETF | 2.34% | 3.11% | 3.23% | 3.34% | 3.65% | 4.13% | 4.76% | 3.42% | 3.35% | 2.90% | 2.31% | 3.17% |
BSV Vanguard Short-Term Bond Index Fund ETF Shares | 3.93% | 3.83% | 3.38% | 2.46% | 1.50% | 1.45% | 1.79% | 2.29% | 1.99% | 1.65% | 1.48% | 1.40% |
VWO Vanguard FTSE Emerging Markets ETF | 2.70% | 2.79% | 3.20% | 3.52% | 4.11% | 2.63% | 1.91% | 3.23% | 2.88% | 2.30% | 2.52% | 3.26% |
VEA Vanguard FTSE Developed Markets ETF | 2.90% | 3.22% | 3.35% | 3.15% | 2.91% | 3.16% | 2.04% | 3.04% | 3.35% | 2.77% | 3.05% | 2.92% |
ARTIX Artisan International Fund | 20.87% | 22.52% | 10.24% | 1.79% | 2.54% | 23.35% | 3.23% | 5.24% | 9.73% | 0.67% | 1.17% | 0.45% |
PCLIX PIMCO CommoditiesPLUS Strategy Fund | 1.43% | 2.45% | 7.50% | 5.06% | 42.60% | 73.41% | 0.77% | 2.46% | 18.58% | 12.63% | 0.16% | 2.22% |
PFORX PIMCO International Bond Fund (U.S. Dollar-Hedged) | 3.85% | 4.23% | 4.91% | 3.02% | 3.65% | 1.55% | 2.46% | 6.86% | 2.90% | 1.46% | 1.38% | 9.12% |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Net Portfolio (Ex-Core Bets). 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 Net Portfolio (Ex-Core Bets) was 30.40%, occurring on Mar 18, 2020. Recovery took 97 trading sessions.
The current Net Portfolio (Ex-Core Bets) drawdown is 0.19%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -30.4% | Jan 21, 2020 | 41 | Mar 18, 2020 | 97 | Aug 5, 2020 | 138 |
| -23.09% | Apr 28, 2015 | 201 | Feb 11, 2016 | 317 | May 16, 2017 | 518 |
| -20.74% | Nov 9, 2021 | 221 | Sep 26, 2022 | 356 | Feb 27, 2024 | 577 |
| -15.73% | Jan 29, 2018 | 229 | Dec 24, 2018 | 232 | Nov 25, 2019 | 461 |
| -13.06% | Feb 19, 2025 | 35 | Apr 8, 2025 | 38 | Jun 3, 2025 | 73 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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Diversification
Diversification Metrics
Number of Effective Assets
The portfolio contains 8 assets, with an effective number of assets of 8.00, reflecting the diversification based on asset allocation. This number of effective assets indicates a moderate level of diversification, where some assets may have a more significant influence on overall performance.
Asset Correlations Table
| Benchmark | BSV | PFORX | PCLIX | ARKK | VDE | ARTIX | VWO | VEA | Portfolio | |
|---|---|---|---|---|---|---|---|---|---|---|
| Benchmark | 1.00 | -0.05 | 0.07 | 0.25 | 0.68 | 0.50 | 0.71 | 0.68 | 0.80 | 0.79 |
| BSV | -0.05 | 1.00 | 0.39 | -0.10 | 0.01 | -0.14 | 0.04 | -0.01 | 0.03 | -0.01 |
| PFORX | 0.07 | 0.39 | 1.00 | -0.05 | 0.07 | -0.07 | 0.07 | 0.05 | 0.07 | 0.07 |
| PCLIX | 0.25 | -0.10 | -0.05 | 1.00 | 0.15 | 0.62 | 0.27 | 0.34 | 0.33 | 0.57 |
| ARKK | 0.68 | 0.01 | 0.07 | 0.15 | 1.00 | 0.27 | 0.53 | 0.55 | 0.57 | 0.73 |
| VDE | 0.50 | -0.14 | -0.07 | 0.62 | 0.27 | 1.00 | 0.39 | 0.45 | 0.51 | 0.71 |
| ARTIX | 0.71 | 0.04 | 0.07 | 0.27 | 0.53 | 0.39 | 1.00 | 0.70 | 0.87 | 0.76 |
| VWO | 0.68 | -0.01 | 0.05 | 0.34 | 0.55 | 0.45 | 0.70 | 1.00 | 0.79 | 0.80 |
| VEA | 0.80 | 0.03 | 0.07 | 0.33 | 0.57 | 0.51 | 0.87 | 0.79 | 1.00 | 0.84 |
| Portfolio | 0.79 | -0.01 | 0.07 | 0.57 | 0.73 | 0.71 | 0.76 | 0.80 | 0.84 | 1.00 |