Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
IVV iShares Core S&P 500 ETF | S&P 500 | 36% |
VOO Vanguard S&P 500 ETF | S&P 500 | 27% |
XLK State Street Technology Select Sector SPDR ETF | Technology Equities | 23% |
SMH VanEck Semiconductor ETF | Semiconductors, Technology Equities | 11% |
TECL Direxion Daily Technology Bull 3X Shares | Leveraged Equities, Technology Equities | 3% |
Find the right asset allocation for b24 v3
Add portfolio to the optimizer to find optimal allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio OptimizerPerformance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in b24 v3, 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.
Loading charts...
Returns By Period
As of Jul 18, 2026, the b24 v3 returned 20.76% Year-To-Date and 20.92% of annualized return in the last 10 years.
| Position | 1D | 1M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* |
|---|---|---|---|---|---|---|---|---|
Benchmark S&P 500 Index | -1.01% | 0.51% | 7.46% | 8.94% | 18.43% | 17.86% | 11.50% | 13.17% |
Portfolio b24 v3 | -1.20% | -2.64% | 17.84% | 20.76% | 34.77% | 26.41% | 18.48% | 20.92% |
| Portfolio components: | ||||||||
IVV iShares Core S&P 500 ETF | -1.02% | 0.55% | 8.07% | 9.60% | 19.77% | 19.41% | 13.08% | 15.03% |
SMH VanEck Semiconductor ETF | -2.18% | -10.81% | 39.00% | 54.54% | 91.38% | 52.12% | 35.97% | 34.90% |
TECL Direxion Daily Technology Bull 3X Shares | -3.11% | -18.05% | 47.47% | 51.49% | 85.88% | 47.26% | 26.93% | 47.10% |
VOO Vanguard S&P 500 ETF | -1.01% | 0.55% | 8.05% | 9.60% | 19.76% | 19.41% | 13.08% | 15.05% |
XLK State Street Technology Select Sector SPDR ETF | -1.09% | -5.38% | 20.87% | 22.26% | 35.23% | 25.72% | 19.39% | 24.05% |
Monthly Returns
Based on dividend-adjusted daily data since Sep 9, 2010, b24 v3's average daily return is +0.08%, while the average monthly return is +1.58%. At this rate, an investment would double in approximately 3.7 years.
Historically, 66% of months were positive and 34% were negative. The best month was Apr 2026 with a return of +17.1%, while the worst month was Mar 2020 at -12.2%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 5 months.
On a daily basis, b24 v3 closed higher 56% of trading days. The best single day was Apr 9, 2025 with a return of +11.8%, while the worst single day was Mar 16, 2020 at -13.1%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.18% | -1.58% | -5.04% | 17.06% | 13.28% | -0.15% | -4.50% | 20.76% | |||||
| 2025 | 1.46% | -2.05% | -7.09% | -0.27% | 8.55% | 8.40% | 2.99% | 1.28% | 6.03% | 4.85% | -1.88% | 0.53% | 23.95% |
| 2024 | 2.50% | 6.33% | 2.99% | -4.94% | 6.71% | 5.67% | -1.01% | 1.51% | 2.21% | -1.33% | 5.36% | -1.63% | 26.35% |
| 2023 | 8.77% | -1.37% | 7.16% | 0.26% | 4.84% | 6.67% | 3.45% | -1.89% | -5.84% | -1.88% | 11.70% | 5.34% | 42.22% |
| 2022 | -6.70% | -3.68% | 3.39% | -10.66% | 0.55% | -9.90% | 11.97% | -5.80% | -11.14% | 7.70% | 7.55% | -7.43% | -24.41% |
| 2021 | -0.54% | 2.86% | 3.49% | 4.97% | 0.33% | 4.27% | 2.81% | 3.36% | -5.45% | 7.81% | 2.28% | 4.06% | 34.02% |
Benchmark Metrics
b24 v3 has an annualized alpha of 4.00%, beta of 1.15, and R2 of 0.95 versus S&P 500 Index. Calculated based on daily prices since September 09, 2010.
- This portfolio captured 131.19% of S&P 500 Index gains and 105.45% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- This portfolio generated an annualized alpha of 4.00% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Alpha
- 4.00%
- Beta
- 1.15
- R²
- 0.95
- Upside Capture
- 131.19%
- Downside Capture
- 105.45%
Expense Ratio
b24 v3 has an expense ratio of 0.10%, 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.
Return for Risk
Risk / Return Rank
b24 v3 ranks 58 for risk / return — on par with similar Portfolios. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below presents risk-adjusted performance metrics for b24 v3 and compares them with S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| Portfolio | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | 1.75 | 1.47 | +0.28 |
| Sortino ratioReturn per unit of downside risk | 2.30 | 2.05 | +0.25 |
| Omega ratioGain probability vs. loss probability | 1.30 | 1.27 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.00 | 2.03 | +0.97 |
| Martin ratioReturn relative to average drawdown | 10.57 | 8.80 | +1.76 |
How much return does each position deliver for the risk it carries? Higher values mean better reward for the risk taken.
| Position | Risk / Return Rank | Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio |
|---|---|---|---|---|---|---|
IVV iShares Core S&P 500 ETF | 59 | 1.57 | 2.19 | 1.29 | 2.23 | 9.69 |
SMH VanEck Semiconductor ETF | 88 | 2.48 | 2.84 | 1.39 | 5.47 | 18.72 |
TECL Direxion Daily Technology Bull 3X Shares | 40 | 1.18 | 1.72 | 1.22 | 1.85 | 4.74 |
VOO Vanguard S&P 500 ETF | 59 | 1.58 | 2.20 | 1.29 | 2.23 | 9.71 |
XLK State Street Technology Select Sector SPDR ETF | 50 | 1.44 | 1.92 | 1.25 | 2.22 | 6.56 |
Loading charts...
Dividends
Dividend yield
b24 v3 provided a 0.95% dividend yield over the last twelve months.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 0.95% | 1.10% | 1.01% | 1.16% | 1.43% | 0.98% | 1.29% | 1.61% | 1.94% | 1.59% | 1.76% | 2.03% |
| Portfolio components: | ||||||||||||
IVV iShares Core S&P 500 ETF | 1.10% | 1.17% | 1.30% | 1.44% | 1.66% | 1.20% | 1.57% | 1.85% | 2.21% | 1.75% | 2.01% | 2.27% |
SMH VanEck Semiconductor ETF | 0.20% | 0.31% | 0.44% | 0.60% | 1.18% | 0.51% | 0.69% | 1.50% | 1.88% | 1.43% | 0.80% | 2.14% |
TECL Direxion Daily Technology Bull 3X Shares | 4.70% | 7.19% | 0.29% | 0.28% | 0.22% | 0.32% | 0.52% | 0.25% | 0.47% | 0.10% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.08% | 1.13% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% |
XLK State Street Technology Select Sector SPDR ETF | 0.45% | 0.54% | 0.66% | 0.76% | 1.04% | 0.65% | 0.92% | 1.16% | 1.60% | 1.37% | 1.74% | 1.79% |
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.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the b24 v3. 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 b24 v3 was 34.56%, occurring on Mar 23, 2020. Recovery took 82 trading sessions.
The current b24 v3 drawdown is 7.13%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-34.56%Mar 2020 | 1mo 2d | 3mo 29d | 5mo 1dFeb 2020 - Jul 2020 | COVID crash2020 |
-31.24%Oct 2022 | 9mo 18d | 1y 1mo | 1y 10moDec 2021 - Nov 2023 | Bear market2022 |
-23.22%Apr 2025 | 2mo 14d | 2mo 17d | 5mo 1dJan 2025 - Jun 2025 | 2025 selloff2025 |
-21.98%Dec 2018 | 2mo 21d | 3mo 10d | 6mo 1dOct 2018 - Apr 2019 | Rate-hike selloffLate 2018 |
-18.89%Oct 2011 | 5mo 4d | 4mo 2d | 9mo 6dMay 2011 - Feb 2012 | — |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Diversification
Diversification Metrics
Number of Effective Assets
The portfolio contains 5 assets, with an effective number of assets of 3.73, reflecting the diversification based on asset allocation. Your capital is well-distributed across most of your holdings, with only mild concentration in a few names. True diversification also depends on the correlations between assets — check the diversification ratio below.
Diversification Ratio
1Y | 3Y | 5Y | 10Y | All Time | |
|---|---|---|---|---|---|
Diversification Ratio | 1.05 | 1.04 | 1.04 | 1.04 | 1.04 |
The portfolio has a diversification ratio of 1.04, placing it in the bottom quartile across portfolios — positions are highly correlated. Consider adding assets from different classes or sectors to reduce risk.
b24 v3 correlation to the S&P 500 Index
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.93 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.95 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.96 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.96 |
Correlation (All Time) Calculated using the full available price history since Sep 9, 2010 | 0.96 |
Benchmark Correlations
Correlation vs. S&P 500 Index. VOO has the highest benchmark correlation at 1.00, while SMH has the lowest at 0.77.
Asset Correlations Table
Find what b24 v3 is missing
See which holdings overlap, where b24 v3 is concentrated, and which low-correlation assets could fill the gaps.
Analyze Diversification