J & N Holdings

Asset Allocation

Position	Category/Sector	Target Weight
AAETX American Funds 2030 Target Date Retirement Fund	Target Retirement Date	4.41%
ADBE Adobe Inc	Technology	0.12%
AGG iShares Core U.S. Aggregate Bond ETF	Total Bond Market	1.90%
BIAPX BlackRock 80/20 Target Allocation Fund	Diversified Portfolio	6.62%
BIGPX BlackRock 60/40 Target Allocation Fund Class I	Diversified Portfolio	13.66%
FFFEX Fidelity Freedom 2030 Fund	Target Retirement Date	2.78%
FSMDX Fidelity Mid Cap Index Fund	Mid Cap Blend Equities	9.34%
JICDX John Hancock Funds II Core Bond Fund	Intermediate Core Bond	0.26%
JPST JPMorgan Ultra-Short Income ETF	Ultrashort Bond	0.82%
MDY SPDR S&P MidCap 400 ETF	Small Cap Growth Equities	0.05%
OPOCX Invesco Discovery Fund	Small Cap Growth Equities	0.05%
ORCL Oracle Corporation	Technology	0.13%
PINRX Principal Diversified International Fund	Foreign Large Cap Equities	0.20%
POGAX Putnam Growth Opportunities Fund	Large Cap Growth Equities	13.69%
POVSX Putnam International Equity Fund	Foreign Large Cap Equities	0.78%
PQIAX Principal Equity Income Fund	Large Cap Value Equities	0.22%
SHY iShares 1-3 Year Treasury Bond ETF	Government Bonds	0.44%
SSEYX State Street Equity 500 Index II Portfolio	Large Cap Blend Equities	0.10%
SSKEX State Street Emerging Markets Equity Index Fund	Emerging Markets Diversified	0.07%
TLT iShares 20+ Year Treasury Bond ETF	Government Bonds, Long-Term Bond	3.31%
TRLGX T. Rowe Price Large-Cap Growth Fund	Large Cap Growth Equities	0.20%
VBR Vanguard Small-Cap Value ETF	Small Cap Value Equities	0.09%
VBTLX Vanguard Total Bond Market Index Fund Admiral Shares	Total Bond Market	10.64%
VEA Vanguard FTSE Developed Markets ETF	Foreign Large Cap Equities	3.08%
VEXAX Vanguard Extended Market Index Fund Admiral Shares	Mid Cap Blend Equities	3.14%
VGIT Vanguard Intermediate-Term Treasury ETF	Government Bonds	1.69%
VINIX Vanguard Institutional Index Fund Institutional Shares	Large Cap Blend Equities	9.93%
VOO Vanguard S&P 500 ETF	S&P 500	3.10%
VSCIX Vanguard Small-Cap Index Fund Institutional Shares	Small Cap Blend Equities	9.18%

Benchmark Against

Benchmark

S&P 500 Index

Rebalance

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in J & N Holdings, 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.

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The earliest data available for this chart is May 19, 2017, corresponding to the inception date of JPST

Returns By Period

	1D	1M	YTD	6M	1Y	3Y*	5Y*	10Y*
Benchmark S&P 500 Index	0.72%	-3.54%	-3.95%	-2.09%	15.95%	16.96%	10.34%	12.24%
Portfolio J & N Holdings	0.07%	-3.38%	-1.99%	-0.97%	13.52%	12.41%	6.18%	—
Portfolio components:
ORCL Oracle Corporation	-1.28%	-2.69%	-25.29%	-49.53%	3.35%	17.45%	16.71%	15.15%
SHY iShares 1-3 Year Treasury Bond ETF	-0.00%	-0.29%	0.26%	1.22%	3.57%	3.88%	1.70%	1.65%
TLT iShares 20+ Year Treasury Bond ETF	-0.10%	-3.35%	0.07%	-1.23%	-1.44%	-2.81%	-5.87%	-1.39%
VGIT Vanguard Intermediate-Term Treasury ETF	-0.07%	-1.27%	-0.10%	0.70%	3.83%	3.27%	0.31%	1.31%
FSMDX Fidelity Mid Cap Index Fund	2.63%	-5.55%	1.30%	1.49%	15.54%	13.39%	6.99%	10.81%
VINIX Vanguard Institutional Index Fund Institutional Shares	2.92%	-5.03%	-4.35%	-2.15%	17.32%	18.69%	11.91%	14.13%
VSCIX Vanguard Small-Cap Index Fund Institutional Shares	3.14%	-5.70%	1.90%	3.41%	19.29%	13.02%	5.35%	10.50%
VBTLX Vanguard Total Bond Market Index Fund Admiral Shares	0.21%	-1.63%	-0.28%	0.40%	3.66%	3.51%	0.19%	1.62%
JPST JPMorgan Ultra-Short Income ETF	0.01%	0.06%	0.71%	1.84%	4.39%	5.12%	3.50%	—
PQIAX Principal Equity Income Fund	1.99%	-4.23%	1.77%	5.30%	16.58%	18.05%	10.52%	12.02%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since May 22, 2017, J & N Holdings's average daily return is +0.04%, while the average monthly return is +0.80%. At this rate, your investment would double in approximately 7.2 years.

Historically, 69% of months were positive and 31% were negative. The best month was Apr 2020 with a return of +9.6%, while the worst month was Mar 2020 at -10.2%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 3 months.

On a daily basis, J & N Holdings closed higher 55% of trading days. The best single day was Apr 9, 2025 with a return of +6.5%, while the worst single day was Mar 16, 2020 at -7.3%.

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Total
2026	1.65%	1.09%	-4.70%	0.07%									-1.99%
2025	2.52%	-0.93%	-4.12%	0.14%	4.38%	4.05%	1.28%	2.06%	2.50%	1.44%	0.15%	-0.01%	13.99%
2024	0.10%	3.42%	2.61%	-4.15%	3.83%	2.00%	2.05%	1.83%	1.85%	-1.65%	4.98%	-4.43%	12.61%
2023	6.57%	-2.43%	2.11%	0.93%	-0.12%	4.84%	2.37%	-1.95%	-4.38%	-2.77%	8.37%	5.61%	19.87%
2022	-5.28%	-2.01%	1.16%	-7.62%	-0.27%	-6.66%	7.22%	-3.42%	-7.93%	4.70%	5.45%	-4.32%	-18.69%
2021	-0.78%	1.91%	1.16%	3.88%	0.35%	2.10%	1.08%	1.87%	-3.43%	4.45%	-1.57%	2.33%	13.89%

Benchmark Metrics

J & N Holdings has an annualized alpha of 0.88%, beta of 0.68, and R² of 0.93 versus S&P 500 Index. Calculated based on daily prices since May 22, 2017.

This portfolio participated in 81.36% of S&P 500 Index downside but only 73.84% of its upside — more exposed to losses than it benefited from rallies.
Beta of 0.68 indicates this portfolio moves significantly less than S&P 500 Index — a genuinely defensive profile with reduced participation in both market rallies and downturns.

Alpha: 0.88%

Beta: 0.68

R²: 0.93

Upside Capture: 73.84%

Downside Capture: 81.36%

Expense Ratio

J & N Holdings has an expense ratio of 0.28%, 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.

Top 10 holdings

PINRX

Principal Diversified International Fund

POVSX

Putnam International Equity Fund

OPOCX

Invesco Discovery Fund

POGAX

Putnam Growth Opportunities Fund

PQIAX

Principal Equity Income Fund

FFFEX

Fidelity Freedom 2030 Fund

JICDX

John Hancock Funds II Core Bond Fund

TRLGX

T. Rowe Price Large-Cap Growth Fund

BIGPX

BlackRock 60/40 Target Allocation Fund Class I

AAETX

American Funds 2030 Target Date Retirement Fund

Return for Risk

Risk / Return Rank

J & N Holdings ranks 33 for risk / return — below 33% of portfolios on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

Overall Rank

Sharpe Ratio Rank

Sortino Ratio Rank

Omega Ratio Rank

Calmar Ratio Rank

Martin Ratio Rank

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

	Portfolio	Benchmark	Difference
Sharpe ratio Return per unit of total volatility	1.05	0.92	+0.14
Sortino ratio Return per unit of downside risk	1.58	1.41	+0.17
Omega ratio Gain probability vs. loss probability	1.23	1.21	+0.01
Calmar ratio Return relative to maximum drawdown	1.58	1.41	+0.16
Martin ratio Return relative to average drawdown	7.14	6.61	+0.52
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

How much return does each position deliver for the risk it carries? Higher values mean better reward for the risk taken.

	Risk / Return Rank	Sharpe ratio	Sortino ratio	Omega ratio	Calmar ratio	Martin ratio
ORCL Oracle Corporation	42	0.05	0.60	1.07	0.08	0.17
SHY iShares 1-3 Year Treasury Bond ETF	96	2.48	4.07	1.52	4.06	15.56
TLT iShares 20+ Year Treasury Bond ETF	9	-0.13	-0.10	0.99	-0.06	-0.13
VGIT Vanguard Intermediate-Term Treasury ETF	54	1.01	1.52	1.18	1.68	5.15
FSMDX Fidelity Mid Cap Index Fund	45	0.84	1.30	1.18	1.23	5.73
VINIX Vanguard Institutional Index Fund Institutional Shares	59	0.97	1.49	1.23	1.52	7.30
VSCIX Vanguard Small-Cap Index Fund Institutional Shares	49	0.91	1.41	1.19	1.38	5.95
VBTLX Vanguard Total Bond Market Index Fund Admiral Shares	46	0.92	1.33	1.16	1.66	4.70
JPST JPMorgan Ultra-Short Income ETF	99	7.23	13.86	3.40	14.88	94.20
PQIAX Principal Equity Income Fund	58	1.08	1.60	1.23	1.50	6.81

Sharpe Ratio

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.

J & N Holdings Sharpe ratios as of Apr 2, 2026 (values are recalculated daily):

1-Year: 1.05
5-Year: 0.48
All Time: 0.71

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 1.00 to 1.70, 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 J & N Holdings compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.

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Dividends

Dividend yield

J & N Holdings provided a 4.36% dividend yield over the last twelve months.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Portfolio	4.36%	4.21%	2.60%	2.30%	3.39%	4.84%	2.66%	2.98%	4.66%	2.32%	1.88%	4.78%
Portfolio components:
ORCL Oracle Corporation	1.38%	0.97%	0.96%	1.44%	1.57%	1.38%	1.48%	1.72%	1.68%	1.52%	1.56%	1.56%
SHY iShares 1-3 Year Treasury Bond ETF	3.72%	3.81%	3.92%	2.99%	1.30%	0.26%	0.94%	2.12%	1.72%	0.98%	0.71%	0.54%
TLT iShares 20+ Year Treasury Bond ETF	4.53%	4.43%	4.30%	3.38%	2.67%	1.50%	1.50%	2.27%	2.63%	2.43%	2.60%	2.61%
VGIT Vanguard Intermediate-Term Treasury ETF	3.83%	3.79%	3.67%	2.73%	1.74%	1.69%	2.23%	2.24%	2.05%	1.67%	1.69%	1.69%
FSMDX Fidelity Mid Cap Index Fund	1.09%	1.10%	2.46%	1.39%	2.07%	3.35%	2.34%	2.86%	2.21%	2.17%	2.23%	2.84%
VINIX Vanguard Institutional Index Fund Institutional Shares	2.80%	2.10%	3.64%	2.65%	3.38%	4.77%	3.06%	2.85%	2.43%	1.82%	2.36%	2.45%
VSCIX Vanguard Small-Cap Index Fund Institutional Shares	1.34%	1.34%	1.31%	1.55%	1.55%	1.25%	1.15%	1.40%	1.68%	1.36%	1.50%	1.49%
VBTLX Vanguard Total Bond Market Index Fund Admiral Shares	3.61%	3.87%	3.69%	3.10%	2.59%	1.96%	2.39%	2.74%	2.57%	2.56%	2.53%	2.82%
JPST JPMorgan Ultra-Short Income ETF	4.34%	4.43%	5.16%	4.79%	1.83%	0.73%	1.43%	2.69%	2.07%	0.96%	0.00%	0.00%
PQIAX Principal Equity Income Fund	9.77%	9.92%	20.62%	2.58%	5.37%	5.05%	1.52%	4.30%	7.41%	6.28%	3.73%	2.11%

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 J & N Holdings. 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 J & N Holdings was 25.27%, occurring on Mar 23, 2020. Recovery took 82 trading sessions.

The current J & N Holdings drawdown is 5.02%.

Depth	Start	To Bottom	Bottom	To Recover	End	Total
-25.27%	Feb 20, 2020	23	Mar 23, 2020	82	Jul 20, 2020	105
-24.63%	Nov 9, 2021	235	Oct 14, 2022	345	Mar 1, 2024	580
-15.5%	Dec 9, 2024	82	Apr 8, 2025	56	Jun 30, 2025	138
-14.26%	Aug 30, 2018	80	Dec 24, 2018	59	Mar 21, 2019	139
-7.57%	Jan 29, 2018	9	Feb 8, 2018	115	Jul 25, 2018	124

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 29 assets, with an effective number of assets of 11.41, 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.

	Benchmark	JPST	SHY	VBTLX	TLT	JICDX	VGIT	AGG	ORCL	ADBE	SSKEX	POVSX	VBR	OPOCX	PINRX	TRLGX	VEA	POGAX	PQIAX	MDY	VSCIX	VEXAX	BIAPX	FSMDX	BIGPX	SSEYX	VINIX	VOO	FFFEX	AAETX	Portfolio
Benchmark	1.00	0.07	-0.04	-0.01	-0.08	0.01	-0.08	0.08	0.60	0.65	0.57	0.75	0.79	0.82	0.79	0.90	0.80	0.92	0.86	0.85	0.85	0.86	0.91	0.90	0.89	1.00	1.00	1.00	0.90	0.94	0.96
JPST	0.07	1.00	0.43	0.38	0.29	0.37	0.39	0.39	0.04	0.05	0.03	0.11	0.04	0.06	0.09	0.08	0.11	0.08	0.06	0.06	0.06	0.07	0.09	0.07	0.12	0.07	0.07	0.07	0.14	0.14	0.12
SHY	-0.04	0.43	1.00	0.75	0.61	0.73	0.86	0.76	-0.04	0.00	-0.08	0.05	-0.04	-0.02	0.03	-0.02	0.03	-0.02	-0.02	-0.04	-0.02	-0.02	0.03	-0.01	0.10	-0.04	-0.04	-0.04	0.10	0.10	0.07
VBTLX	-0.01	0.38	0.75	1.00	0.89	0.93	0.92	0.93	-0.01	0.04	-0.05	0.05	-0.05	0.01	0.04	0.01	0.03	0.02	-0.01	-0.03	-0.02	0.00	0.06	0.01	0.14	-0.01	-0.01	-0.01	0.14	0.13	0.12
TLT	-0.08	0.29	0.61	0.89	1.00	0.88	0.85	0.89	-0.05	-0.01	-0.11	-0.03	-0.12	-0.05	-0.03	-0.05	-0.05	-0.04	-0.08	-0.10	-0.08	-0.07	-0.00	-0.06	0.07	-0.08	-0.08	-0.08	0.07	0.04	0.04
JICDX	0.01	0.37	0.73	0.93	0.88	1.00	0.91	0.93	0.00	0.04	-0.01	0.09	-0.03	0.03	0.07	0.03	0.06	0.04	0.01	-0.01	0.01	0.02	0.09	0.03	0.16	0.01	0.01	0.01	0.17	0.15	0.14
VGIT	-0.08	0.39	0.86	0.92	0.85	0.91	1.00	0.92	-0.06	-0.02	-0.11	0.01	-0.11	-0.06	-0.01	-0.06	-0.02	-0.05	-0.07	-0.10	-0.08	-0.07	0.00	-0.06	0.08	-0.08	-0.08	-0.08	0.07	0.06	0.04
AGG	0.08	0.39	0.76	0.93	0.89	0.93	0.92	1.00	0.04	0.09	0.01	0.14	0.03	0.09	0.13	0.09	0.13	0.10	0.07	0.05	0.07	0.09	0.14	0.09	0.22	0.08	0.08	0.08	0.24	0.22	0.21
ORCL	0.60	0.04	-0.04	-0.01	-0.05	0.00	-0.06	0.04	1.00	0.45	0.37	0.45	0.44	0.50	0.47	0.57	0.47	0.60	0.48	0.48	0.49	0.51	0.54	0.52	0.53	0.60	0.60	0.60	0.54	0.57	0.58
ADBE	0.65	0.05	0.00	0.04	-0.01	0.04	-0.02	0.09	0.45	1.00	0.37	0.47	0.41	0.59	0.50	0.72	0.49	0.72	0.47	0.48	0.51	0.56	0.58	0.56	0.57	0.65	0.65	0.64	0.57	0.61	0.64
SSKEX	0.57	0.03	-0.08	-0.05	-0.11	-0.01	-0.11	0.01	0.37	0.37	1.00	0.67	0.49	0.50	0.72	0.55	0.66	0.54	0.53	0.52	0.53	0.54	0.60	0.55	0.59	0.57	0.57	0.58	0.70	0.64	0.59
POVSX	0.75	0.11	0.05	0.05	-0.03	0.09	0.01	0.14	0.45	0.47	0.67	1.00	0.67	0.66	0.93	0.65	0.94	0.66	0.74	0.70	0.71	0.71	0.77	0.74	0.77	0.75	0.75	0.75	0.88	0.85	0.79
VBR	0.79	0.04	-0.04	-0.05	-0.12	-0.03	-0.11	0.03	0.44	0.41	0.49	0.67	1.00	0.77	0.70	0.61	0.74	0.60	0.88	0.98	0.96	0.90	0.76	0.93	0.74	0.79	0.79	0.79	0.80	0.79	0.83
OPOCX	0.82	0.06	-0.02	0.01	-0.05	0.03	-0.06	0.09	0.50	0.59	0.50	0.66	0.77	1.00	0.71	0.80	0.69	0.81	0.72	0.85	0.89	0.92	0.78	0.87	0.77	0.82	0.82	0.82	0.81	0.81	0.88
PINRX	0.79	0.09	0.03	0.04	-0.03	0.07	-0.01	0.13	0.47	0.50	0.72	0.93	0.70	0.71	1.00	0.71	0.95	0.71	0.79	0.74	0.75	0.75	0.81	0.78	0.81	0.79	0.79	0.79	0.91	0.88	0.83
TRLGX	0.90	0.08	-0.02	0.01	-0.05	0.03	-0.06	0.09	0.57	0.72	0.55	0.65	0.61	0.80	0.71	1.00	0.69	0.96	0.67	0.69	0.72	0.78	0.83	0.77	0.82	0.90	0.90	0.90	0.82	0.85	0.88
VEA	0.80	0.11	0.03	0.03	-0.05	0.06	-0.02	0.13	0.47	0.49	0.66	0.94	0.74	0.69	0.95	0.69	1.00	0.70	0.80	0.77	0.77	0.76	0.81	0.79	0.80	0.80	0.80	0.80	0.91	0.89	0.83
POGAX	0.92	0.08	-0.02	0.02	-0.04	0.04	-0.05	0.10	0.60	0.72	0.54	0.66	0.60	0.81	0.71	0.96	0.70	1.00	0.67	0.69	0.72	0.77	0.83	0.76	0.82	0.92	0.92	0.92	0.82	0.86	0.90
PQIAX	0.86	0.06	-0.02	-0.01	-0.08	0.01	-0.07	0.07	0.48	0.47	0.53	0.74	0.88	0.72	0.79	0.67	0.80	0.67	1.00	0.89	0.87	0.82	0.82	0.91	0.80	0.86	0.87	0.86	0.84	0.87	0.86
MDY	0.85	0.06	-0.04	-0.03	-0.10	-0.01	-0.10	0.05	0.48	0.48	0.52	0.70	0.98	0.85	0.74	0.69	0.77	0.69	0.89	1.00	0.98	0.95	0.80	0.97	0.79	0.84	0.85	0.85	0.84	0.84	0.88
VSCIX	0.85	0.06	-0.02	-0.02	-0.08	0.01	-0.08	0.07	0.49	0.51	0.53	0.71	0.96	0.89	0.75	0.72	0.77	0.72	0.87	0.98	1.00	0.98	0.82	0.97	0.80	0.85	0.85	0.85	0.86	0.86	0.90
VEXAX	0.86	0.07	-0.02	0.00	-0.07	0.02	-0.07	0.09	0.51	0.56	0.54	0.71	0.90	0.92	0.75	0.78	0.76	0.77	0.82	0.95	0.98	1.00	0.83	0.96	0.81	0.86	0.86	0.86	0.86	0.86	0.92
BIAPX	0.91	0.09	0.03	0.06	-0.00	0.09	0.00	0.14	0.54	0.58	0.60	0.77	0.76	0.78	0.81	0.83	0.81	0.83	0.82	0.80	0.82	0.83	1.00	0.85	0.99	0.91	0.91	0.91	0.90	0.91	0.94
FSMDX	0.90	0.07	-0.01	0.01	-0.06	0.03	-0.06	0.09	0.52	0.56	0.55	0.74	0.93	0.87	0.78	0.77	0.79	0.76	0.91	0.97	0.97	0.96	0.85	1.00	0.84	0.90	0.90	0.90	0.89	0.90	0.93
BIGPX	0.89	0.12	0.10	0.14	0.07	0.16	0.08	0.22	0.53	0.57	0.59	0.77	0.74	0.77	0.81	0.82	0.80	0.82	0.80	0.79	0.80	0.81	0.99	0.84	1.00	0.89	0.89	0.89	0.90	0.91	0.94
SSEYX	1.00	0.07	-0.04	-0.01	-0.08	0.01	-0.08	0.08	0.60	0.65	0.57	0.75	0.79	0.82	0.79	0.90	0.80	0.92	0.86	0.84	0.85	0.86	0.91	0.90	0.89	1.00	1.00	1.00	0.90	0.94	0.96
VINIX	1.00	0.07	-0.04	-0.01	-0.08	0.01	-0.08	0.08	0.60	0.65	0.57	0.75	0.79	0.82	0.79	0.90	0.80	0.92	0.87	0.85	0.85	0.86	0.91	0.90	0.89	1.00	1.00	1.00	0.90	0.94	0.96
VOO	1.00	0.07	-0.04	-0.01	-0.08	0.01	-0.08	0.08	0.60	0.64	0.58	0.75	0.79	0.82	0.79	0.90	0.80	0.92	0.86	0.85	0.85	0.86	0.91	0.90	0.89	1.00	1.00	1.00	0.90	0.94	0.96
FFFEX	0.90	0.14	0.10	0.14	0.07	0.17	0.07	0.24	0.54	0.57	0.70	0.88	0.80	0.81	0.91	0.82	0.91	0.82	0.84	0.84	0.86	0.86	0.90	0.89	0.90	0.90	0.90	0.90	1.00	0.97	0.95
AAETX	0.94	0.14	0.10	0.13	0.04	0.15	0.06	0.22	0.57	0.61	0.64	0.85	0.79	0.81	0.88	0.85	0.89	0.86	0.87	0.84	0.86	0.86	0.91	0.90	0.91	0.94	0.94	0.94	0.97	1.00	0.97
Portfolio	0.96	0.12	0.07	0.12	0.04	0.14	0.04	0.21	0.58	0.64	0.59	0.79	0.83	0.88	0.83	0.88	0.83	0.90	0.86	0.88	0.90	0.92	0.94	0.93	0.94	0.96	0.96	0.96	0.95	0.97	1.00

The correlation results are calculated based on daily price changes starting from May 22, 2017

J & N Holdings

Asset Allocation

Performance

Performance Chart

Returns By Period

Monthly Returns

Benchmark Metrics

Expense Ratio

Top 10 holdings

Return for Risk

Risk / Return Rank

Return / Risk — by metrics

Sharpe ratio

Sortino ratio

Omega ratio

Calmar ratio

Martin ratio

Sharpe Ratio

Dividends

Dividend yield

Drawdowns

Drawdowns Chart

Worst Drawdowns

Volatility

Volatility Chart

Diversification

Diversification Metrics

Number of Effective Assets

Asset Correlations Table