x3
Asset Allocation
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in x3, 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
The earliest data available for this chart is Jul 30, 2010, corresponding to the inception date of ASFYX
Returns By Period
As of May 1, 2024, the x3 returned -2.67% Year-To-Date and 15.48% of annualized return in the last 10 years.
| Year-To-Date | 1 month | 6 months | 1 year | 5 years (annualized) | 10 years (annualized) | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | 5.57% | -4.16% | 20.07% | 20.82% | 11.56% | 10.37% |
| x3 | -2.67% | -7.32% | 21.81% | 9.43% | 12.91% | 15.48% |
| Portfolio components: | ||||||
ASFYX AlphaSimplex Managed Futures Strategy Fund Class Y | 11.18% | 2.01% | 3.74% | 7.78% | 10.35% | 6.35% |
TQQQ ProShares UltraPro QQQ | 4.39% | -14.86% | 54.22% | 95.16% | 26.29% | 36.00% |
TMF Direxion Daily 20-Year Treasury Bull 3X | -31.54% | -14.61% | 5.56% | -47.80% | -25.61% | -10.87% |
TIP iShares TIPS Bond ETF | -1.76% | -1.05% | 2.53% | -1.53% | 1.95% | 1.67% |
TLT iShares 20+ Year Treasury Bond ETF | -9.91% | -4.68% | 5.35% | -13.67% | -4.43% | -0.04% |
GLD SPDR Gold Trust | 10.83% | 1.95% | 15.45% | 12.99% | 11.95% | 5.42% |
VT Vanguard Total World Stock ETF | 3.96% | -3.33% | 18.01% | 18.16% | 9.38% | 8.27% |
BIL SPDR Barclays 1-3 Month T-Bill ETF | 1.73% | 0.40% | 2.61% | 5.30% | 1.92% | 1.27% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -1.63% | 4.13% | 3.76% | -8.42% | ||||||||
| 2023 | -6.71% | 13.87% | 12.91% |
Expense Ratio
x3 has a high expense ratio of 1.27%, 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
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 | |
|---|---|---|---|---|---|
ASFYX AlphaSimplex Managed Futures Strategy Fund Class Y | 0.76 | 1.10 | 1.14 | 0.36 | 1.66 |
TQQQ ProShares UltraPro QQQ | 1.86 | 2.37 | 1.29 | 1.29 | 8.10 |
TMF Direxion Daily 20-Year Treasury Bull 3X | -0.90 | -1.28 | 0.86 | -0.48 | -1.28 |
TIP iShares TIPS Bond ETF | -0.13 | -0.15 | 0.98 | -0.05 | -0.30 |
TLT iShares 20+ Year Treasury Bond ETF | -0.68 | -0.89 | 0.90 | -0.24 | -1.10 |
GLD SPDR Gold Trust | 1.22 | 1.85 | 1.22 | 1.17 | 3.33 |
VT Vanguard Total World Stock ETF | 1.45 | 2.12 | 1.25 | 1.13 | 4.82 |
BIL SPDR Barclays 1-3 Month T-Bill ETF | 19.80 | 191.69 | 118.36 | 240.99 | 5,402.84 |
Dividends
Dividend yield
x3 granted a 0.78% dividend yield in the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| x3 | 0.78% | 0.37% | 17.61% | 3.95% | 2.17% | 2.84% | 1.23% | 0.59% | 0.69% | 3.12% | 7.52% | 0.87% |
| Portfolio components: | ||||||||||||
ASFYX AlphaSimplex Managed Futures Strategy Fund Class Y | 0.89% | 0.98% | 32.48% | 6.07% | 3.40% | 5.51% | 1.30% | 0.07% | 0.01% | 5.06% | 13.52% | 0.00% |
TQQQ ProShares UltraPro QQQ | 1.34% | 1.26% | 0.57% | 0.00% | 0.00% | 0.06% | 0.11% | 0.00% | 0.00% | 0.01% | 0.03% | 0.00% |
TMF Direxion Daily 20-Year Treasury Bull 3X | 4.08% | 2.82% | 1.62% | 0.13% | 0.48% | 0.94% | 1.49% | 0.41% | 0.00% | 0.00% | 0.00% | 0.57% |
TIP iShares TIPS Bond ETF | 2.84% | 2.73% | 6.96% | 4.28% | 1.17% | 1.75% | 2.71% | 2.07% | 1.48% | 0.34% | 1.67% | 1.15% |
TLT iShares 20+ Year Treasury Bond ETF | 3.63% | 3.38% | 2.67% | 1.50% | 1.50% | 2.27% | 2.63% | 2.43% | 2.60% | 2.61% | 2.67% | 3.26% |
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% |
VT Vanguard Total World Stock ETF | 2.14% | 2.08% | 2.20% | 1.82% | 1.66% | 2.32% | 2.53% | 2.11% | 2.39% | 2.45% | 2.44% | 2.06% |
BIL SPDR Barclays 1-3 Month T-Bill ETF | 4.74% | 4.92% | 1.35% | 0.00% | 0.30% | 2.05% | 1.66% | 0.68% | 0.07% | 0.00% | 0.00% | 0.00% |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the x3. 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 x3 was 43.92%, occurring on Dec 28, 2022. The portfolio has not yet recovered.
The current x3 drawdown is 26.79%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -43.92% | Nov 22, 2021 | 277 | Dec 28, 2022 | — | — | — |
| -27.24% | Mar 10, 2020 | 7 | Mar 18, 2020 | 20 | Apr 16, 2020 | 27 |
| -23.81% | Jan 29, 2018 | 208 | Nov 21, 2018 | 103 | Apr 24, 2019 | 311 |
| -19.95% | Aug 11, 2016 | 79 | Dec 1, 2016 | 121 | May 26, 2017 | 200 |
| -18.22% | May 3, 2013 | 36 | Jun 24, 2013 | 127 | Dec 23, 2013 | 163 |
Volatility
Volatility Chart
The current x3 volatility is 5.60%, 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
| BIL | ASFYX | GLD | TQQQ | VT | TIP | TMF | TLT | |
|---|---|---|---|---|---|---|---|---|
| BIL | 1.00 | 0.01 | 0.00 | -0.01 | 0.00 | 0.00 | 0.02 | 0.02 |
| ASFYX | 0.01 | 1.00 | 0.05 | 0.17 | 0.19 | 0.05 | 0.02 | 0.02 |
| GLD | 0.00 | 0.05 | 1.00 | 0.02 | 0.10 | 0.36 | 0.25 | 0.25 |
| TQQQ | -0.01 | 0.17 | 0.02 | 1.00 | 0.84 | -0.06 | -0.21 | -0.21 |
| VT | 0.00 | 0.19 | 0.10 | 0.84 | 1.00 | -0.06 | -0.27 | -0.27 |
| TIP | 0.00 | 0.05 | 0.36 | -0.06 | -0.06 | 1.00 | 0.73 | 0.73 |
| TMF | 0.02 | 0.02 | 0.25 | -0.21 | -0.27 | 0.73 | 1.00 | 1.00 |
| TLT | 0.02 | 0.02 | 0.25 | -0.21 | -0.27 | 0.73 | 1.00 | 1.00 |