Bored

Performance

Risk-Adjusted Performance

Dividends

Drawdowns

Volatility

Diversification

Bored

Currency in USD · Last updated Jun 3, 2025

Asset Allocation

Position	Category/Sector	Target Weight
ACHR Archer Aviation Inc.	Industrials	10%
BIO Bio-Rad Laboratories, Inc.	Healthcare	10%
COIN Coinbase Global, Inc.	Technology	10%
FSLR First Solar, Inc.	Technology	10%
NXT Nextracker Inc	Technology	10%
OKLO Oklo Inc.	Utilities	10%
ONON On Holding AG	Consumer Cyclical	10%
RUN Sunrun Inc.	Technology	10%
SMCI Super Micro Computer, Inc.	Technology	10%
SMR Nuscale Power Corp	Industrials	10%

Benchmark

S&P 500

Rebalance

Performance

Performance Chart

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The earliest data available for this chart is Feb 9, 2023, corresponding to the inception date of NXT

Returns By Period

	YTD	1M	6M	1Y	5Y*	10Y*
^GSPC S&P 500	1.51%	4.99%	-1.31%	13.00%	13.92%	11.05%
Bored	25.01%	32.01%	22.71%	73.95%	N/A	N/A
Portfolio components:
ACHR Archer Aviation Inc.	-0.31%	4.63%	44.00%	194.55%	N/A	N/A
FSLR First Solar, Inc.	-9.57%	22.09%	-23.20%	-41.56%	26.29%	12.00%
SMR Nuscale Power Corp	77.30%	82.07%	27.82%	316.64%	N/A	N/A
RUN Sunrun Inc.	-10.49%	13.58%	-26.47%	-43.01%	-14.65%	N/A
COIN Coinbase Global, Inc.	4.27%	26.34%	-16.31%	11.89%	N/A	N/A
SMCI Super Micro Computer, Inc.	41.70%	28.12%	7.41%	-43.95%	73.15%	29.06%
NXT Nextracker Inc	58.72%	37.39%	48.13%	6.82%	N/A	N/A
ONON On Holding AG	6.87%	19.67%	-1.70%	41.93%	N/A	N/A
BIO Bio-Rad Laboratories, Inc.	-34.08%	-8.37%	-34.83%	-25.06%	-14.38%	3.87%
OKLO Oklo Inc.	134.43%	89.67%	147.24%	435.74%	N/A	N/A

*Annualized

Monthly Returns

The table below presents the monthly returns of Bored , 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	18.00%	-14.60%	-16.68%	7.73%	37.46%	0.54%							25.01%
2024	-1.40%	21.24%	15.30%	-9.86%	17.04%	-2.71%	7.86%	-9.57%	2.98%	17.01%	32.98%	-10.95%	96.88%
2023		4.73%	7.27%	-8.01%	13.82%	7.75%	18.22%	-9.99%	-11.25%	-12.61%	18.21%	16.17%	43.64%

Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Expense Ratio

Bored 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.

The portfolio doesn't include any funds that charge management fees.

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

With an overall rank of 77, Bored is among the top 23% of portfolios on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.

Overall Rank

Sharpe Ratio Rank

Sortino Ratio Rank

Omega Ratio Rank

Calmar Ratio Rank

Martin 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.

Portfolio components

	Sharpe ratio	Sortino ratio	Omega ratio	Calmar ratio	Martin ratio
ACHR Archer Aviation Inc.	1.95	2.77	1.33	3.41	7.45
FSLR First Solar, Inc.	-0.69	-0.91	0.90	-0.71	-1.09
SMR Nuscale Power Corp	2.71	2.86	1.32	4.55	8.28
RUN Sunrun Inc.	-0.45	-0.10	0.99	-0.55	-0.92
COIN Coinbase Global, Inc.	0.14	0.86	1.10	0.18	0.36
SMCI Super Micro Computer, Inc.	-0.39	-0.00	1.00	-0.56	-0.90
NXT Nextracker Inc	0.11	0.59	1.06	0.05	0.08
ONON On Holding AG	0.88	1.39	1.17	0.92	2.52
BIO Bio-Rad Laboratories, Inc.	-0.62	-0.63	0.92	-0.41	-1.19
OKLO Oklo Inc.	3.30	3.31	1.37	5.54	12.29

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.

Bored Sharpe ratios as of Jun 3, 2025 (values are recalculated daily):

1-Year: 1.30
All Time: 1.50

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 0.59 to 1.14, this portfolio's current Sharpe ratio is in the top 25%. This signifies superior risk-adjusted performance, meaning the portfolio is delivering strong returns for the level of risk taken compared to most others.

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

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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

Dividend yield

Bored doesn't pay dividends

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 Bored . 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 Bored was 38.74%, occurring on Apr 8, 2025. Recovery took 25 trading sessions.

The current Bored drawdown is 5.89%.

Depth	Start	To Bottom	Bottom	To Recover	End	Total
-38.74%	Feb 11, 2025	40	Apr 8, 2025	25	May 14, 2025	65
-32.54%	Aug 1, 2023	63	Oct 27, 2023	65	Feb 1, 2024	128
-25.05%	Jul 17, 2024	37	Sep 6, 2024	31	Oct 21, 2024	68
-19.23%	Mar 19, 2024	23	Apr 19, 2024	26	May 28, 2024	49
-14.04%	Dec 2, 2024	13	Dec 18, 2024	11	Jan 6, 2025	24

Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

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 10 assets, with an effective number of assets of 10.00, reflecting the diversification based on asset allocation. This number of effective assets suggests that the portfolio's investments are spread across a variety of assets, indicating a well-diversified allocation. However, true diversification also depends on the correlations between assets.

Asset Correlations Table

The table below displays the correlation coefficients between the individual components of the portfolio, the entire portfolio, and the chosen benchmark.

	^GSPC	BIO	OKLO	SMCI	ONON	COIN	SMR	NXT	FSLR	RUN	ACHR	Portfolio
^GSPC	1.00	0.39	0.27	0.46	0.45	0.48	0.39	0.36	0.38	0.39	0.45	0.61
BIO	0.39	1.00	0.10	0.13	0.20	0.19	0.17	0.20	0.16	0.28	0.29	0.33
OKLO	0.27	0.10	1.00	0.27	0.19	0.22	0.40	0.17	0.14	0.15	0.28	0.50
SMCI	0.46	0.13	0.27	1.00	0.24	0.32	0.30	0.28	0.27	0.20	0.36	0.59
ONON	0.45	0.20	0.19	0.24	1.00	0.37	0.29	0.30	0.34	0.36	0.34	0.53
COIN	0.48	0.19	0.22	0.32	0.37	1.00	0.34	0.29	0.29	0.27	0.38	0.58
SMR	0.39	0.17	0.40	0.30	0.29	0.34	1.00	0.27	0.25	0.33	0.39	0.66
NXT	0.36	0.20	0.17	0.28	0.30	0.29	0.27	1.00	0.58	0.55	0.30	0.55
FSLR	0.38	0.16	0.14	0.27	0.34	0.29	0.25	0.58	1.00	0.62	0.30	0.56
RUN	0.39	0.28	0.15	0.20	0.36	0.27	0.33	0.55	0.62	1.00	0.36	0.60
ACHR	0.45	0.29	0.28	0.36	0.34	0.38	0.39	0.30	0.30	0.36	1.00	0.67
Portfolio	0.61	0.33	0.50	0.59	0.53	0.58	0.66	0.55	0.56	0.60	0.67	1.00

The correlation results are calculated based on daily price changes starting from Feb 10, 2023

Go to the full Correlations tool for more customization options

Performance Analysis

Risk Analysis

Optimization

Factor Model

Bored

Asset Allocation

Performance

Performance Chart

Returns By Period

Monthly Returns

Expense Ratio

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

Risk-Adjusted Performance Indicators

Dividends

Dividend yield

Drawdowns

Drawdowns Chart

Worst Drawdowns

Volatility

Volatility Chart

Diversification

Diversification Metrics

Number of Effective Assets

Asset Correlations Table

Performance Analysis

Risk Analysis

Optimization

Factor Model

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