TPPI
Test Portfolio Please Ignore
Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
FAS Direxion Daily Financial Bull 3X Shares | Leveraged Equities, Leveraged | 14.29% |
FLBL Franklin Liberty Senior Loan ETF | High Yield Bonds, Actively Managed | 14.29% |
FSRNX Fidelity Real Estate Index Fund | REIT | 14.29% |
SGOL Aberdeen Standard Physical Gold Shares ETF | Precious Metals, Gold | 14.29% |
SPLG SPDR Portfolio S&P 500 ETF | Large Cap Blend Equities | 14.29% |
TFLO iShares Treasury Floating Rate Bond ETF | Government Bonds | 14.29% |
VTIP Vanguard Short-Term Inflation-Protected Securities ETF | Inflation-Protected Bonds | 14.29% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in TPPI, 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 week.
The earliest data available for this chart is Jun 1, 2018, corresponding to the inception date of FLBL
Returns By Period
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | -13.93% | -12.27% | -11.13% | -2.73% | 13.04% | 9.21% |
| TPPI | -5.20% | -7.53% | -2.48% | 7.17% | 12.64% | N/A |
| Portfolio components: | ||||||
TFLO iShares Treasury Floating Rate Bond ETF | 1.10% | 0.28% | 2.29% | 4.91% | 2.70% | 2.01% |
SPLG SPDR Portfolio S&P 500 ETF | -13.66% | -12.14% | -11.39% | -1.47% | 14.45% | 11.11% |
SGOL Aberdeen Standard Physical Gold Shares ETF | 13.33% | 2.27% | 13.38% | 26.97% | 11.93% | 9.18% |
FLBL Franklin Liberty Senior Loan ETF | -3.22% | -3.44% | -1.31% | 2.30% | 5.73% | N/A |
VTIP Vanguard Short-Term Inflation-Protected Securities ETF | 2.91% | 0.91% | 3.10% | 6.91% | 3.90% | 2.82% |
FSRNX Fidelity Real Estate Index Fund | -7.26% | -10.54% | -11.57% | 0.49% | 4.62% | 2.59% |
FAS Direxion Daily Financial Bull 3X Shares | -29.11% | -29.84% | -17.48% | -1.16% | 29.35% | 14.16% |
Monthly Returns
The table below presents the monthly returns of TPPI, 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 | 4.47% | 1.26% | -1.68% | -8.85% | -5.20% | ||||||||
| 2024 | 0.54% | 2.83% | 4.29% | -3.08% | 3.18% | 0.42% | 4.90% | 3.37% | 1.37% | 1.15% | 5.51% | -4.04% | 21.87% |
| 2023 | 6.85% | -3.07% | -2.60% | 1.75% | -2.72% | 4.65% | 3.30% | -1.91% | -3.83% | -0.89% | 8.36% | 4.97% | 14.78% |
| 2022 | -2.28% | -0.58% | 1.37% | -6.74% | 0.02% | -7.33% | 6.07% | -2.66% | -7.85% | 6.55% | 6.09% | -3.49% | -11.62% |
| 2021 | -0.98% | 5.07% | 3.37% | 5.35% | 3.25% | -1.74% | 1.36% | 3.20% | -2.82% | 5.76% | -2.82% | 3.76% | 24.63% |
| 2020 | 0.62% | -6.13% | -16.37% | 9.37% | 3.21% | 1.19% | 4.83% | 3.28% | -3.43% | -0.73% | 9.63% | 4.86% | 7.65% |
| 2019 | 7.76% | 2.00% | 0.37% | 3.44% | -2.72% | 4.70% | 1.64% | 0.17% | 1.18% | 1.53% | 1.64% | 1.76% | 25.72% |
| 2018 | -0.48% | 1.73% | 1.74% | -1.10% | -3.45% | 2.21% | -6.61% | -6.11% |
Expense Ratio
TPPI has an expense ratio of 0.27%, which is considered low. 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
With an overall rank of 87, TPPI is among the top 13% 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.
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 | |
|---|---|---|---|---|---|
TFLO iShares Treasury Floating Rate Bond ETF | 15.48 | 55.45 | 13.47 | 191.45 | 861.18 |
SPLG SPDR Portfolio S&P 500 ETF | -0.02 | 0.07 | 1.01 | -0.02 | -0.11 |
SGOL Aberdeen Standard Physical Gold Shares ETF | 1.91 | 2.51 | 1.33 | 3.69 | 9.97 |
FLBL Franklin Liberty Senior Loan ETF | 0.86 | 0.98 | 1.22 | 0.61 | 6.03 |
VTIP Vanguard Short-Term Inflation-Protected Securities ETF | 3.64 | 5.88 | 1.83 | 8.94 | 26.85 |
FSRNX Fidelity Real Estate Index Fund | 0.12 | 0.27 | 1.04 | 0.08 | 0.42 |
FAS Direxion Daily Financial Bull 3X Shares | 0.05 | 0.43 | 1.06 | 0.06 | 0.27 |
Dividends
Dividend yield
TPPI provided a 3.03% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 3.03% | 2.98% | 3.24% | 2.76% | 1.62% | 1.45% | 1.94% | 1.95% | 0.93% | 0.80% | 0.67% | 0.98% |
| Portfolio components: | ||||||||||||
TFLO iShares Treasury Floating Rate Bond ETF | 4.80% | 5.21% | 4.89% | 1.67% | 0.00% | 0.36% | 2.08% | 1.65% | 0.86% | 0.30% | 0.15% | 0.08% |
SPLG SPDR Portfolio S&P 500 ETF | 1.51% | 1.28% | 1.44% | 1.69% | 1.25% | 1.54% | 1.79% | 2.23% | 1.75% | 1.97% | 1.98% | 1.79% |
SGOL Aberdeen Standard Physical Gold Shares ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FLBL Franklin Liberty Senior Loan ETF | 7.87% | 8.05% | 8.37% | 5.53% | 3.57% | 3.22% | 3.97% | 2.20% | 0.00% | 0.00% | 0.00% | 0.00% |
VTIP Vanguard Short-Term Inflation-Protected Securities ETF | 2.77% | 2.70% | 3.36% | 6.84% | 4.68% | 1.20% | 1.95% | 2.45% | 1.52% | 0.76% | 0.00% | 0.82% |
FSRNX Fidelity Real Estate Index Fund | 3.08% | 2.86% | 2.84% | 2.66% | 1.25% | 3.33% | 3.18% | 3.73% | 2.27% | 2.58% | 2.57% | 4.18% |
FAS Direxion Daily Financial Bull 3X Shares | 1.16% | 0.76% | 1.77% | 0.91% | 0.60% | 0.47% | 0.62% | 1.43% | 0.11% | 0.00% | 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.
Worst Drawdowns
The table below displays the maximum drawdowns of the TPPI. 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 TPPI was 33.70%, occurring on Mar 23, 2020. Recovery took 172 trading sessions.
The current TPPI drawdown is 10.82%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -33.7% | Feb 21, 2020 | 22 | Mar 23, 2020 | 172 | Nov 24, 2020 | 194 |
| -20.54% | Jan 13, 2022 | 188 | Oct 12, 2022 | 303 | Dec 27, 2023 | 491 |
| -13.19% | Sep 21, 2018 | 65 | Dec 24, 2018 | 53 | Mar 13, 2019 | 118 |
| -10.82% | Feb 20, 2025 | 33 | Apr 7, 2025 | — | — | — |
| -5.27% | Dec 2, 2024 | 14 | Dec 19, 2024 | 26 | Jan 30, 2025 | 40 |
Volatility
Volatility Chart
The current TPPI volatility is 7.19%, 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.
Diversification
Asset Correlations Table
| TFLO | SGOL | VTIP | FLBL | FAS | FSRNX | SPLG | |
|---|---|---|---|---|---|---|---|
| TFLO | 1.00 | -0.03 | -0.02 | -0.02 | -0.05 | -0.04 | -0.04 |
| SGOL | -0.03 | 1.00 | 0.40 | 0.13 | 0.02 | 0.12 | 0.08 |
| VTIP | -0.02 | 0.40 | 1.00 | 0.13 | 0.07 | 0.23 | 0.14 |
| FLBL | -0.02 | 0.13 | 0.13 | 1.00 | 0.37 | 0.35 | 0.46 |
| FAS | -0.05 | 0.02 | 0.07 | 0.37 | 1.00 | 0.62 | 0.78 |
| FSRNX | -0.04 | 0.12 | 0.23 | 0.35 | 0.62 | 1.00 | 0.62 |
| SPLG | -0.04 | 0.08 | 0.14 | 0.46 | 0.78 | 0.62 | 1.00 |