x2
Asset Allocation
Performance
The chart shows the growth of an initial investment of $10,000 in x2, 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 Quarterly
Returns
As of Sep 23, 2023, the x2 returned 22.45% Year-To-Date and 24.96% of annualized return in the last 10 years.
| 1 month | 6 months | Year-To-Date | 1 year | 5 years (annualized) | 10 years (annualized) | |
|---|---|---|---|---|---|---|
| Benchmark | -2.61% | 8.79% | 12.52% | 14.96% | 5.51% | 6.66% |
| x2 | -3.92% | -1.86% | 22.45% | 6.64% | 16.20% | 24.96% |
| Portfolio components: | ||||||
TQQQ ProShares UltraPro QQQ | -10.13% | 38.90% | 108.51% | 62.01% | 10.94% | 22.72% |
TMF Direxion Daily 20-Year Treasury Bull 3X | -12.74% | -40.15% | -28.87% | -42.10% | -14.22% | -5.07% |
BTC-USD Bitcoin | 0.56% | -3.32% | 60.63% | 36.91% | 20.94% | 44.60% |
ASFYX AlphaSimplex Managed Futures Strategy Fund Class Y | 2.93% | 6.03% | -4.09% | -9.26% | 6.58% | 4.49% |
VT Vanguard Total World Stock ETF | -1.97% | 6.92% | 10.64% | 16.13% | 4.43% | 5.26% |
GLD SPDR Gold Trust | 0.41% | -2.74% | 5.29% | 14.72% | 6.46% | 2.35% |
TIP iShares TIPS Bond ETF | -0.93% | -2.98% | 0.18% | -0.83% | 1.45% | 1.16% |
TLT iShares 20+ Year Treasury Bond ETF | -4.02% | -13.04% | -6.20% | -10.43% | -1.92% | 0.58% |
BIL SPDR Barclays 1-3 Month T-Bill ETF | 0.45% | 2.42% | 3.46% | 4.38% | 1.07% | 0.65% |
| Returns over 1 year are annualized | ||||||
Asset Correlations Table
| BIL | BTC-USD | ASFYX | GLD | TQQQ | VT | TIP | TMF | TLT | |
|---|---|---|---|---|---|---|---|---|---|
| BIL | 1.00 | -0.00 | 0.01 | 0.00 | -0.00 | 0.01 | 0.00 | 0.03 | 0.03 |
| BTC-USD | -0.00 | 1.00 | 0.02 | 0.05 | 0.09 | 0.10 | 0.02 | -0.01 | -0.01 |
| ASFYX | 0.01 | 0.02 | 1.00 | 0.05 | 0.18 | 0.21 | 0.07 | 0.04 | 0.04 |
| GLD | 0.00 | 0.05 | 0.05 | 1.00 | 0.01 | 0.10 | 0.33 | 0.24 | 0.24 |
| TQQQ | -0.00 | 0.09 | 0.18 | 0.01 | 1.00 | 0.79 | -0.07 | -0.21 | -0.21 |
| VT | 0.01 | 0.10 | 0.21 | 0.10 | 0.79 | 1.00 | -0.08 | -0.26 | -0.26 |
| TIP | 0.00 | 0.02 | 0.07 | 0.33 | -0.07 | -0.08 | 1.00 | 0.70 | 0.70 |
| TMF | 0.03 | -0.01 | 0.04 | 0.24 | -0.21 | -0.26 | 0.70 | 1.00 | 0.99 |
| TLT | 0.03 | -0.01 | 0.04 | 0.24 | -0.21 | -0.26 | 0.70 | 0.99 | 1.00 |
Dividend yield
x2 granted a 13.73% dividend yield in the last twelve months.
| TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| x2 | 13.73% | 14.10% | 4.00% | 2.68% | 3.31% | 1.33% | 0.57% | 0.66% | 3.70% | 9.53% | 0.86% | 1.80% |
| Portfolio components: | ||||||||||||
TQQQ ProShares UltraPro QQQ | 1.44% | 0.57% | 0.00% | 0.00% | 0.06% | 0.11% | 0.00% | 0.00% | 0.01% | 0.03% | 0.00% | 0.00% |
TMF Direxion Daily 20-Year Treasury Bull 3X | 3.37% | 1.65% | 0.13% | 2.31% | 1.00% | 1.59% | 0.44% | 0.00% | 0.00% | 0.00% | 0.62% | 0.18% |
BTC-USD Bitcoin | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ASFYX AlphaSimplex Managed Futures Strategy Fund Class Y | 33.55% | 32.48% | 8.05% | 4.79% | 8.02% | 1.99% | 0.10% | 0.01% | 7.86% | 21.97% | 0.00% | 2.32% |
VT Vanguard Total World Stock ETF | 2.11% | 2.23% | 1.89% | 1.75% | 2.50% | 2.80% | 2.38% | 2.76% | 2.91% | 2.95% | 2.56% | 2.93% |
GLD SPDR Gold Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TIP iShares TIPS Bond ETF | 2.42% | 7.09% | 4.64% | 1.32% | 2.01% | 3.16% | 2.49% | 1.81% | 0.42% | 2.08% | 1.45% | 2.84% |
TLT iShares 20+ Year Treasury Bond ETF | 3.46% | 2.73% | 1.56% | 1.59% | 2.44% | 2.90% | 2.76% | 3.02% | 3.11% | 3.26% | 4.09% | 3.47% |
BIL SPDR Barclays 1-3 Month T-Bill ETF | 4.09% | 1.39% | 0.00% | 0.31% | 2.15% | 1.78% | 0.74% | 0.07% | 0.00% | 0.00% | 0.00% | 0.00% |
Expense Ratio
The x2 has a high expense ratio of 1.02%, indicating higher-than-average management fees. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.
Risk-Adjusted Performance
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 | Ulcer Index | |
|---|---|---|---|---|---|
TQQQ ProShares UltraPro QQQ | 0.82 | ||||
TMF Direxion Daily 20-Year Treasury Bull 3X | -0.84 | ||||
BTC-USD Bitcoin | 0.91 | ||||
ASFYX AlphaSimplex Managed Futures Strategy Fund Class Y | -0.55 | ||||
VT Vanguard Total World Stock ETF | 0.92 | ||||
GLD SPDR Gold Trust | 1.03 | ||||
TIP iShares TIPS Bond ETF | -0.24 | ||||
TLT iShares 20+ Year Treasury Bond ETF | -0.67 | ||||
BIL SPDR Barclays 1-3 Month T-Bill ETF | 14.90 |
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below shows the maximum drawdowns of the x2. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.
The maximum drawdown since January 2010 for the x2 is 51.33%, recorded on Dec 28, 2022. The portfolio has not recovered from it yet.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -51.33% | Nov 10, 2021 | 414 | Dec 28, 2022 | — | — | — |
| -45.51% | Jun 10, 2011 | 3 | Jun 12, 2011 | 591 | Jan 23, 2013 | 594 |
| -41.61% | Dec 17, 2017 | 343 | Nov 24, 2018 | 211 | Jun 23, 2019 | 554 |
| -36.3% | Dec 5, 2013 | 14 | Dec 18, 2013 | 401 | Jan 23, 2015 | 415 |
| -32.05% | Nov 8, 2010 | 29 | Dec 6, 2010 | 58 | Feb 2, 2011 | 87 |
Volatility Chart
The current x2 volatility is 4.04%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.