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FREEDOM
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FREEDOM

Last updated Sep 20, 2024

Asset Allocation

DGP 3.28%USD=X 14.23%BITO 38.1%XLK 10.12%AMZN 6.89%AMD 6.43%URA 5.47%PXJ 5.21%ELV 4.51%MSFT 3.96%TSM 1.8%CommodityCommodityCurrencyCurrencyEquityEquity
PositionCategory/SectorWeight
AMD
Advanced Micro Devices, Inc.		Technology
6.43%
AMZN
Amazon.com, Inc.		Consumer Cyclical
6.89%
BITO
ProShares Bitcoin Strategy ETF		Technology Equities, Actively Managed, Blockchain
38.10%
DGP
DB Gold Double Long Exchange Traded Notes		Leveraged Commodities, Leveraged, Gold
3.28%
ELV
Elevance Health Inc		Healthcare
4.51%
MSFT
Microsoft Corporation		Technology
3.96%
PXJ
Invesco Dynamic Oil & Gas Services ETF		Energy Equities
5.21%
TSM
Taiwan Semiconductor Manufacturing Company Limited		Technology
1.80%
URA
Global X Uranium ETF		Commodity Producers Equities
5.47%
USD=X
USD Cash
14.23%
XLK
Technology Select Sector SPDR Fund		Technology Equities
10.12%

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in FREEDOM, 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

-10.00%-5.00%0.00%5.00%10.00%AprilMayJuneJulyAugustSeptember
0.32%
9.01%
FREEDOM
Benchmark (^GSPC)
Portfolio components

The earliest data available for this chart is Oct 19, 2021, corresponding to the inception date of BITO

Returns By Period

Year-To-Date1 month6 months1 year5 years (annualized)10 years (annualized)
^GSPC
S&P 500		19.79%2.08%9.01%29.79%13.85%11.12%
FREEDOM26.20%3.23%0.32%60.91%N/AN/A
Portfolio components:
AMD
Advanced Micro Devices, Inc.		6.33%0.22%-12.28%56.21%39.25%45.32%
ELV
Elevance Health Inc		15.15%-0.63%5.17%22.17%17.84%17.63%
XLK
Technology Select Sector SPDR Fund		16.57%-0.29%6.75%34.98%23.92%20.31%
PXJ
Invesco Dynamic Oil & Gas Services ETF		6.17%0.17%-3.88%0.06%6.11%-11.77%
DGP
DB Gold Double Long Exchange Traded Notes		49.67%5.06%36.08%64.60%16.05%10.11%
TSM
Taiwan Semiconductor Manufacturing Company Limited		71.29%2.81%27.23%105.03%34.84%27.35%
AMZN
Amazon.com, Inc.		24.96%6.14%6.58%40.34%16.22%27.95%
MSFT
Microsoft Corporation		17.30%3.27%2.54%37.79%27.00%27.05%
URA
Global X Uranium ETF		-5.66%1.79%-9.74%5.10%22.15%2.59%
BITO
ProShares Bitcoin Strategy ETF		42.66%6.38%-6.01%117.19%N/AN/A
USD=X
USD Cash		0.00%0.00%0.00%0.00%0.00%0.00%

Monthly Returns

The table below presents the monthly returns of FREEDOM, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
20242.38%19.09%7.22%-8.46%7.78%-3.21%1.81%-4.81%26.20%
202320.98%-1.41%13.26%0.51%0.11%6.65%0.12%-4.52%-0.05%11.32%7.94%6.83%77.81%
2022-9.13%4.91%5.05%-11.94%-5.53%-19.89%16.55%-8.47%-7.53%4.20%-1.96%-4.52%-35.79%
2021-1.18%-2.15%-7.17%-10.23%

Expense Ratio

FREEDOM features an expense ratio of 0.47%, falling within the medium range. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.

BITO
ProShares Bitcoin Strategy ETF
Expense ratio chart for BITO: 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%
DGP
DB Gold Double Long Exchange Traded Notes
Expense ratio chart for DGP: current value at 0.75% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.75%
URA
Global X Uranium ETF
Expense ratio chart for URA: current value at 0.69% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.69%
PXJ
Invesco Dynamic Oil & Gas Services ETF
Expense ratio chart for PXJ: current value at 0.63% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.63%
XLK
Technology Select Sector SPDR Fund
Expense ratio chart for XLK: current value at 0.13% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.13%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of FREEDOM is 66, 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.

The Risk-Adjusted Performance Rank of FREEDOM is 6666
FREEDOM
The Sharpe Ratio Rank of FREEDOM is 7575Sharpe Ratio Rank
The Sortino Ratio Rank of FREEDOM is 6363Sortino Ratio Rank
The Omega Ratio Rank of FREEDOM is 6161Omega Ratio Rank
The Calmar Ratio Rank of FREEDOM is 7070Calmar Ratio Rank
The Martin Ratio Rank of FREEDOM is 5959Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.

FREEDOM
Sharpe ratio
The chart of Sharpe ratio for FREEDOM, currently valued at 2.45, compared to the broader market-1.000.001.002.003.004.002.45
Sortino ratio
The chart of Sortino ratio for FREEDOM, currently valued at 3.13, compared to the broader market-2.000.002.004.006.003.13
Omega ratio
The chart of Omega ratio for FREEDOM, currently valued at 1.40, compared to the broader market0.801.001.201.401.601.801.40
Calmar ratio
The chart of Calmar ratio for FREEDOM, currently valued at 2.65, compared to the broader market0.002.004.006.008.002.65
Martin ratio
The chart of Martin ratio for FREEDOM, currently valued at 12.88, compared to the broader market0.0010.0020.0030.0040.0012.88
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.23, compared to the broader market-1.000.001.002.003.004.002.23
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 3.00, compared to the broader market-2.000.002.004.006.003.00
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.40, compared to the broader market0.801.001.201.401.601.801.40
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 2.02, compared to the broader market0.002.004.006.008.002.02
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 13.08, compared to the broader market0.0010.0020.0030.0040.0013.08
Portfolio components
Sharpe ratioSortino ratioOmega ratioCalmar ratioMartin ratio
AMD
Advanced Micro Devices, Inc.		1.181.781.231.342.95
ELV
Elevance Health Inc		1.391.931.281.369.00
XLK
Technology Select Sector SPDR Fund		1.792.371.332.248.04
PXJ
Invesco Dynamic Oil & Gas Services ETF		0.120.311.040.150.37
DGP
DB Gold Double Long Exchange Traded Notes		3.063.761.482.0318.50
TSM
Taiwan Semiconductor Manufacturing Company Limited		2.943.561.472.9915.97
AMZN
Amazon.com, Inc.		1.902.561.341.489.31
MSFT
Microsoft Corporation		2.122.731.362.658.05
URA
Global X Uranium ETF		0.260.611.070.300.77
BITO
ProShares Bitcoin Strategy ETF		2.072.621.321.839.11
USD=X
USD Cash		—————

Sharpe Ratio

The current FREEDOM Sharpe ratio is 2.45. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Compared to the broad market, where average Sharpe ratios range from 1.88 to 2.55, this portfolio's current Sharpe ratio lies between the 25th and 75th percentiles. This indicates that the its risk-adjusted performance is in line with the majority of portfolios. This suggests a balanced approach to risk and return, which might be suitable for a broad range of investors.

Use the chart below to compare the Sharpe ratio of FREEDOM with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio1.502.002.503.003.50AprilMayJuneJulyAugustSeptember
2.45
2.23
FREEDOM
Benchmark (^GSPC)
Portfolio components

Dividends

Dividend yield

FREEDOM granted a 21.14% dividend yield in the last twelve months.

TTM20232022202120202019201820172016201520142013
FREEDOM21.14%6.40%0.31%0.61%0.55%0.39%0.42%0.56%0.86%0.63%0.66%0.44%
Portfolio components:
AMD
Advanced Micro Devices, Inc.		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
ELV
Elevance Health Inc		1.18%1.26%1.00%0.98%1.18%1.06%1.14%1.20%1.81%1.79%1.39%1.62%
XLK
Technology Select Sector SPDR Fund		0.52%0.76%1.04%0.65%0.92%1.16%1.60%1.37%1.74%1.79%1.75%1.70%
PXJ
Invesco Dynamic Oil & Gas Services ETF		2.00%1.99%0.65%2.40%4.72%0.39%1.00%2.75%1.18%2.36%1.12%0.34%
DGP
DB Gold Double Long Exchange Traded Notes		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
TSM
Taiwan Semiconductor Manufacturing Company Limited		1.24%1.78%2.48%1.56%1.58%3.49%3.55%2.32%2.61%2.54%1.79%2.30%
AMZN
Amazon.com, Inc.		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
MSFT
Microsoft Corporation		0.68%0.74%1.06%0.68%0.94%1.20%1.69%1.86%2.37%2.33%2.48%2.59%
URA
Global X Uranium ETF		6.54%6.07%0.76%5.84%1.69%1.66%0.44%2.03%7.28%1.96%4.28%0.54%
BITO
ProShares Bitcoin Strategy ETF		53.86%15.14%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
USD=X
USD Cash		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%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.

-15.00%-10.00%-5.00%0.00%AprilMayJuneJulyAugustSeptember
-5.12%
0
FREEDOM
Benchmark (^GSPC)
Portfolio components

Worst Drawdowns

The table below displays the maximum drawdowns of the FREEDOM. 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 FREEDOM was 47.50%, occurring on Nov 9, 2022. Recovery took 303 trading sessions.

The current FREEDOM drawdown is 5.12%.

Depth

Start

To Bottom

Bottom

To Recover

End

Total

-47.5%Nov 10, 2021261Nov 9, 2022303Jan 8, 2024564
-15.4%Mar 14, 2024103Aug 5, 2024———
-4.74%Oct 21, 20215Oct 27, 20218Nov 8, 202113
-4.52%Mar 5, 20241Mar 5, 20242Mar 7, 20243
-4.34%Jan 10, 202410Jan 23, 20244Jan 29, 202414

Volatility

Volatility Chart

The current FREEDOM volatility is 8.31%, 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.

2.00%4.00%6.00%8.00%10.00%12.00%AprilMayJuneJulyAugustSeptember
8.31%
4.31%
FREEDOM
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.
USD=XDGPELVPXJBITOURATSMAMZNAMDMSFTXLK
USD=X0.000.000.000.000.000.000.000.000.000.000.00
DGP0.001.000.070.210.100.300.110.100.090.080.08
ELV0.000.071.000.220.160.240.080.180.130.250.24
PXJ0.000.210.221.000.210.500.280.210.240.200.31
BITO0.000.100.160.211.000.310.330.340.340.350.40
URA0.000.300.240.500.311.000.410.410.440.390.48
TSM0.000.110.080.280.330.411.000.520.650.560.72
AMZN0.000.100.180.210.340.410.521.000.590.700.73
AMD0.000.090.130.240.340.440.650.591.000.620.76
MSFT0.000.080.250.200.350.390.560.700.621.000.87
XLK0.000.080.240.310.400.480.720.730.760.871.00
The correlation results are calculated based on daily price changes starting from Oct 20, 2021