Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
BITO ProShares Bitcoin Strategy ETF | Cryptocurrency | 50% |
MSTR Strategy Inc | Technology | 50% |
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Performance Chart
The chart shows the growth of an initial investment of $10,000 in BITCOIN 401K PORTFOLIO, 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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Returns By Period
| Position | 1D | 1M | YTD | 6M | 1Y | 3Y* | 5Y* | 10Y* |
|---|---|---|---|---|---|---|---|---|
Benchmark S&P 500 Index | 1.65% | 1.97% | 10.35% | 10.82% | 26.39% | 19.66% | 12.33% | 13.81% |
Portfolio BITCOIN 401K PORTFOLIO | 5.23% | -21.64% | -19.53% | -20.84% | -52.84% | 49.73% | — | — |
| Portfolio components: | ||||||||
BITO ProShares Bitcoin Strategy ETF | 4.62% | -16.16% | -25.13% | -23.76% | -39.30% | 27.40% | — | — |
MSTR Strategy Inc | 5.78% | -26.08% | -13.70% | -19.09% | -65.75% | 64.73% | 16.17% | 22.02% |
Monthly Returns
Based on dividend-adjusted daily data since Oct 19, 2021, BITCOIN 401K PORTFOLIO's average daily return is +0.12%, while the average monthly return is +2.86%. At this rate, an investment would double in approximately 2.0 years.
Historically, 49% of months were positive and 51% were negative. The best month was Feb 2024 with a return of +70.5%, while the worst month was Jun 2022 at -39.6%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 6 months.
On a daily basis, BITCOIN 401K PORTFOLIO closed higher 49% of trading days. The best single day was Nov 11, 2024 with a return of +20.5%, while the worst single day was Jun 13, 2022 at -22.2%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -3.05% | -17.64% | -0.55% | 22.60% | -3.99% | -13.91% | -19.53% | ||||||
| 2025 | 11.70% | -20.60% | 4.89% | 22.87% | 3.34% | 5.94% | 3.63% | -12.20% | 1.11% | -10.37% | -25.35% | -8.31% | -29.38% |
| 2024 | -10.04% | 70.52% | 44.11% | -26.91% | 25.52% | -10.98% | 12.43% | -14.28% | 17.22% | 27.35% | 49.78% | -17.05% | 222.72% |
| 2023 | 59.30% | 2.28% | 15.81% | 7.28% | -8.39% | 12.98% | 11.53% | -15.24% | -3.35% | 28.52% | 12.95% | 19.18% | 231.20% |
| 2022 | -24.40% | 14.19% | 8.99% | -21.86% | -21.21% | -39.60% | 50.72% | -18.03% | -6.01% | 15.43% | -20.92% | -15.64% | -68.72% |
| 2021 | -2.26% | -4.31% | -22.85% | -27.84% |
Benchmark Metrics
BITCOIN 401K PORTFOLIO has an annualized alpha of 5.28%, beta of 2.04, and R2 of 0.26 versus S&P 500 Index. Calculated based on daily prices since October 19, 2021.
- This portfolio captured 204.48% of S&P 500 Index gains and 183.25% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- R2 of 0.26 means this portfolio moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 5.28%
- Beta
- 2.04
- R²
- 0.26
- Upside Capture
- 204.48%
- Downside Capture
- 183.25%
Expense Ratio
BITCOIN 401K PORTFOLIO has an expense ratio of 0.48%, 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
BITCOIN 401K PORTFOLIO ranks 0 for risk / return — in the bottom 0% of Portfolios on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below presents risk-adjusted performance metrics for BITCOIN 401K PORTFOLIO and compares them with S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| Portfolio | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.95 | 2.14 | -3.09 |
| Sortino ratioReturn per unit of downside risk | -1.48 | 2.89 | -4.37 |
| Omega ratioGain probability vs. loss probability | 0.84 | 1.39 | -0.55 |
| Calmar ratioReturn relative to maximum drawdown | -0.83 | 2.91 | -3.74 |
| Martin ratioReturn relative to average drawdown | -1.28 | 13.08 | -14.36 |
How much return does each position deliver for the risk it carries? Higher values mean better reward for the risk taken.
| Position | Risk / Return Rank | Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio |
|---|---|---|---|---|---|---|
BITO ProShares Bitcoin Strategy ETF | 3 | -0.89 | -1.24 | 0.86 | -0.74 | -1.29 |
MSTR Strategy Inc | 8 | -0.92 | -1.61 | 0.83 | -0.86 | -1.24 |
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Dividends
Dividend yield
BITCOIN 401K PORTFOLIO provided a 33.26% dividend yield over the last twelve months.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Portfolio | 33.26% | 39.14% | 30.80% | 7.57% |
| Portfolio components: | ||||
BITO ProShares Bitcoin Strategy ETF | 66.51% | 78.29% | 61.59% | 15.14% |
MSTR Strategy Inc | 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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the BITCOIN 401K PORTFOLIO. 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 BITCOIN 401K PORTFOLIO was 80.11%, occurring on Dec 29, 2022. Recovery took 292 trading sessions.
The current BITCOIN 401K PORTFOLIO drawdown is 59.35%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -80.11%Dec 2022 | 1y 1mo | 1y 2mo | 2y 3moNov 2021 - Feb 2024 |
2026 bear market2026 | -63.92%Feb 2026 | 6mo 23d | — | 11mo 4dJul 2025 - now |
2025 selloff2025 | -39.72%Apr 2025 | 4mo 18d | 3mo 4d | 7mo 22dNov 2024 - Jul 2025 |
2024 bear market2024 | -32.89%Sep 2024 | 5mo 12d | 1mo 12d | 6mo 24dMar 2024 - Oct 2024 |
2024 correction2024 | -16.95%Mar 2024 | 5d | 6d | 11dMar 2024 - Mar 2024 |
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 2 assets, with an effective number of assets of 2.00, reflecting the diversification based on asset allocation. Your capital is spread almost evenly across your holdings, indicating a well-balanced allocation. Note that true diversification also depends on the correlations between assets — check the diversification ratio below.
Diversification Ratio
1Y | 3Y | All Time | |
|---|---|---|---|
Diversification Ratio | 1.03 | 1.05 | 1.05 |
The portfolio has a diversification ratio of 1.05, placing it in the bottom quartile across portfolios — positions are highly correlated. Consider adding assets from different classes or sectors to reduce risk.
BITCOIN 401K PORTFOLIO correlation to the S&P 500 Index
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.51 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Oct 19, 2021 | 0.51 |
Benchmark Correlations
Correlation vs. S&P 500 Index. MSTR has the highest benchmark correlation at 0.52, while BITO has the lowest at 0.42.
Asset Correlations Table
Find what BITCOIN 401K PORTFOLIO is missing
See which holdings overlap, where BITCOIN 401K PORTFOLIO is concentrated, and which low-correlation assets could fill the gaps.
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