Income Strat
Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
BIL SPDR Barclays 1-3 Month T-Bill ETF | Government Bonds | 15% |
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | Actively Managed, Dividend, Derivative Income | 35% |
QYLD Global X NASDAQ 100 Covered Call ETF | Derivative Income | 15% |
SRLN SPDR Blackstone Senior Loan ETF | High Yield Bonds | 35% |
Performance
Performance Chart
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The earliest data available for this chart is May 4, 2022, corresponding to the inception date of JEPQ
Returns By Period
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | 0.51% | 6.15% | -2.00% | 12.92% | 14.19% | 10.85% |
| Income Strat | -0.96% | 2.32% | -0.32% | 7.19% | N/A | N/A |
| Portfolio components: | ||||||
QYLD Global X NASDAQ 100 Covered Call ETF | -5.59% | 1.45% | -3.85% | 6.38% | 7.91% | 7.67% |
SRLN SPDR Blackstone Senior Loan ETF | 1.77% | 2.13% | 2.21% | 6.85% | 5.94% | 3.88% |
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | -2.97% | 3.72% | -2.54% | 8.58% | N/A | N/A |
BIL SPDR Barclays 1-3 Month T-Bill ETF | 1.72% | 0.36% | 2.13% | 4.73% | 2.61% | 1.79% |
Monthly Returns
The table below presents the monthly returns of Income Strat, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 1.28% | -0.88% | -3.50% | -0.09% | 2.32% | -0.96% | |||||||
| 2024 | 1.54% | 2.29% | 1.47% | -1.21% | 2.37% | 1.50% | -0.52% | 1.35% | 1.45% | 0.61% | 2.81% | 0.65% | 15.20% |
| 2023 | 4.32% | -0.54% | 3.31% | 1.50% | 1.93% | 2.33% | 1.80% | 0.09% | -1.46% | -0.24% | 3.83% | 2.16% | 20.57% |
| 2022 | -3.72% | -3.48% | 4.74% | -2.42% | -5.62% | 2.79% | 2.75% | -2.70% | -7.87% |
Expense Ratio
Income Strat 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.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of Income Strat is 35, indicating average performance compared to other portfolios on our website. Here’s a breakdown of how it compares using common performance measures.
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 | |
|---|---|---|---|---|---|
QYLD Global X NASDAQ 100 Covered Call ETF | 0.34 | 0.56 | 1.10 | 0.30 | 1.01 |
SRLN SPDR Blackstone Senior Loan ETF | 1.78 | 2.58 | 1.55 | 1.60 | 9.71 |
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 0.43 | 0.67 | 1.10 | 0.38 | 1.30 |
BIL SPDR Barclays 1-3 Month T-Bill ETF | 20.88 | 301.00 | 208.79 | 435.17 | 4,890.74 |
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Dividends
Dividend yield
Income Strat provided a 9.60% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 9.60% | 9.01% | 8.97% | 7.57% | 3.48% | 3.44% | 3.67% | 3.86% | 2.66% | 2.76% | 2.96% | 2.89% |
| Portfolio components: | ||||||||||||
QYLD Global X NASDAQ 100 Covered Call ETF | 13.78% | 12.50% | 11.78% | 13.75% | 12.85% | 11.16% | 9.84% | 12.44% | 7.69% | 9.15% | 9.42% | 10.74% |
SRLN SPDR Blackstone Senior Loan ETF | 8.24% | 8.58% | 8.44% | 5.72% | 4.45% | 4.91% | 5.39% | 4.98% | 4.01% | 3.94% | 4.43% | 3.66% |
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 11.27% | 9.65% | 10.02% | 9.44% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BIL SPDR Barclays 1-3 Month T-Bill ETF | 4.68% | 5.03% | 4.92% | 1.35% | 0.00% | 0.30% | 2.05% | 1.66% | 0.68% | 0.07% | 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 Income Strat. 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 Income Strat was 11.41%, occurring on Apr 8, 2025. The portfolio has not yet recovered.
The current Income Strat drawdown is 3.45%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -11.41% | Feb 20, 2025 | 34 | Apr 8, 2025 | — | — | — |
| -10.98% | May 5, 2022 | 113 | Oct 14, 2022 | 134 | Apr 28, 2023 | 247 |
| -5.24% | Jul 11, 2024 | 18 | Aug 5, 2024 | 28 | Sep 13, 2024 | 46 |
| -3.18% | Sep 15, 2023 | 30 | Oct 26, 2023 | 7 | Nov 6, 2023 | 37 |
| -2.74% | Apr 12, 2024 | 6 | Apr 19, 2024 | 14 | May 9, 2024 | 20 |
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 4 assets, with an effective number of assets of 3.45, reflecting the diversification based on asset allocation. This number of effective assets suggests a highly concentrated portfolio, where a few assets dominate the allocation, potentially increasing the portfolio's risk due to lack of diversification.
Asset Correlations Table
| ^GSPC | BIL | SRLN | QYLD | JEPQ | Portfolio | |
|---|---|---|---|---|---|---|
| ^GSPC | 1.00 | -0.02 | 0.66 | 0.86 | 0.93 | 0.94 |
| BIL | -0.02 | 1.00 | 0.01 | -0.01 | -0.02 | -0.01 |
| SRLN | 0.66 | 0.01 | 1.00 | 0.56 | 0.58 | 0.69 |
| QYLD | 0.86 | -0.01 | 0.56 | 1.00 | 0.92 | 0.93 |
| JEPQ | 0.93 | -0.02 | 0.58 | 0.92 | 1.00 | 0.98 |
| Portfolio | 0.94 | -0.01 | 0.69 | 0.93 | 0.98 | 1.00 |