merage

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

Based on dividend-adjusted daily data since Jul 2, 2020, merage 's average daily return is +0.04%, while the average monthly return is +0.80%. At this rate, an investment would double in approximately 7.2 years.

Historically, 54% of months were positive and 46% were negative. The best month was Apr 2025 with a return of +25.5%, while the worst month was Oct 2023 at -20.5%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 3 months.

On a daily basis, merage closed higher 51% of trading days. The best single day was Jul 18, 2023 with a return of +15.6%, while the worst single day was Mar 13, 2023 at -9.9%.

merage has an annualized alpha of -4.56%, beta of 0.88, and R² of 0.32 versus S&P 500 Index. Calculated based on daily prices since July 02, 2020.

• This portfolio participated in 124.25% of S&P 500 Index downside but only 87.41% of its upside — more exposed to losses than it benefited from rallies.
• R² of 0.32 means the benchmark explains less than half of this portfolio's behavior — treat beta with caution or consider switching to a more representative benchmark.

merage 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.

merage ranks 78 for risk / return — better than 78% of portfolios on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

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.

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

• 1-Year: 2.59
• 5-Year: -0.01
• All Time: 0.22

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 2.18 to 2.99, this portfolio's current Sharpe ratio falls between the 25th and 75th percentiles. This indicates that its risk-adjusted performance is in line with the majority of portfolios, suggesting a balanced approach to risk and return—likely suitable for a wide range of investors.

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

merage provided a 0.47% 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 merage . 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 merage was 63.10%, occurring on Oct 27, 2023. The portfolio has not yet recovered.

The current merage drawdown is 6.69%.

The chart below shows the rolling one-month volatility.