BLACKANGEL2

The chart shows the growth of an initial investment of $10,000 in BLACKANGEL2, 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 never rebalanced.

As of Apr 16, 2026, the BLACKANGEL2 returned 24.90% Year-To-Date and 41.01% of annualized return in the last 10 years.

Based on dividend-adjusted daily data since Jan 5, 2016, BLACKANGEL2's average daily return is +0.16%, while the average monthly return is +3.26%. At this rate, an investment would double in approximately 1.8 years.

Historically, 63% of months were positive and 37% were negative. The best month was Nov 2024 with a return of +31.1%, while the worst month was Mar 2020 at -22.9%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 6 months.

On a daily basis, BLACKANGEL2 closed higher 55% of trading days. The best single day was Mar 24, 2020 with a return of +15.6%, while the worst single day was Mar 12, 2020 at -17.4%.

BLACKANGEL2 has an annualized alpha of 26.13%, beta of 1.18, and R² of 0.41 versus S&P 500 Index. Calculated based on daily prices since January 05, 2016.

• This portfolio captured 204.94% of S&P 500 Index gains but only 92.17% of its losses — a favorable profile for investors.
• R² of 0.41 means the benchmark explains less than half of this portfolio's behavior — treat beta with caution or consider switching to a more representative benchmark.

BLACKANGEL2 has an expense ratio of 0.00%, meaning no management fees are charged. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.

BLACKANGEL2 ranks 44 for risk / return — on par with similar portfolios. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

BLACKANGEL2 Sharpe ratios as of Apr 16, 2026 (values are recalculated daily):

• 1-Year: 2.18
• 5-Year: 1.18
• 10-Year: 1.23
• All Time: 1.22

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

Compared to the broad market, where average Sharpe ratios range from 2.20 to 3.00, this portfolio's current Sharpe ratio places it in the bottom 25%. This suggests weaker risk-adjusted returns than most portfolios, possibly due to lower returns, higher volatility, or both. It may be worth reviewing the allocation. You can use the Portfolio Optimization tool to explore options for improving the Sharpe ratio.

The chart below shows the rolling Sharpe ratio of BLACKANGEL2 compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.

BLACKANGEL2 provided a 0.71% dividend yield over the last twelve months.

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.

The table below displays the maximum drawdowns of the BLACKANGEL2. 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 BLACKANGEL2 was 49.69%, occurring on Mar 18, 2020. Recovery took 126 trading sessions.

The current BLACKANGEL2 drawdown is 1.44%.

The chart below shows the rolling one-month volatility.