Hedged Beta
Asset Allocation
| Position | Category/Sector | Weight |
|---|---|---|
PFIX Simplify Interest Rate Hedge ETF | Hedge Fund, Actively Managed | 25% |
VGIT Vanguard Intermediate-Term Treasury ETF | Government Bonds | 25% |
VTI Vanguard Total Stock Market ETF | Large Cap Growth Equities | 50% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Hedged Beta, 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 May 11, 2021, corresponding to the inception date of PFIX
Returns By Period
| Year-To-Date | 1 month | 6 months | 1 year | 5 years (annualized) | 10 years (annualized) | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | 19.79% | 2.08% | 9.01% | 29.79% | 13.85% | 11.12% |
| Hedged Beta | 11.07% | 0.80% | 1.60% | 16.18% | N/A | N/A |
| Portfolio components: | ||||||
PFIX Simplify Interest Rate Hedge ETF | 3.35% | 0.24% | -13.09% | -10.87% | N/A | N/A |
VGIT Vanguard Intermediate-Term Treasury ETF | 4.57% | 1.21% | 5.74% | 9.31% | 0.43% | 1.60% |
VTI Vanguard Total Stock Market ETF | 17.74% | 0.83% | 7.37% | 28.83% | 14.53% | 12.29% |
Monthly Returns
The table below presents the monthly returns of Hedged Beta, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 2.86% | 4.27% | 0.66% | 2.62% | 0.08% | 0.94% | 0.22% | -0.08% | 11.07% | ||||
| 2023 | -0.10% | -0.12% | 0.72% | 1.47% | 1.33% | 1.79% | 3.81% | 2.28% | 4.30% | 1.67% | 0.07% | -1.09% | 17.20% |
| 2022 | -1.36% | 0.02% | 5.54% | -0.83% | -1.86% | -2.96% | 2.66% | -0.23% | -0.67% | 7.40% | -0.32% | -1.77% | 5.22% |
| 2021 | 0.32% | -2.47% | 0.65% | 0.91% | -2.01% | 2.81% | -1.01% | 0.65% | -0.26% |
Expense Ratio
Hedged Beta has an expense ratio of 0.15%, which is considered low compared to other funds. 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 Rank
The current rank of Hedged Beta is 26, suggesting that the investment has average results relative to other portfolios in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
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 | |
|---|---|---|---|---|---|
PFIX Simplify Interest Rate Hedge ETF | -0.27 | -0.12 | 0.99 | -0.29 | -0.46 |
VGIT Vanguard Intermediate-Term Treasury ETF | 1.71 | 2.55 | 1.31 | 0.64 | 6.67 |
VTI Vanguard Total Stock Market ETF | 2.13 | 2.86 | 1.38 | 1.97 | 12.31 |
Dividends
Dividend yield
Hedged Beta granted a 21.83% dividend yield in the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Hedged Beta | 21.83% | 21.65% | 1.43% | 1.03% | 1.27% | 1.45% | 1.53% | 1.27% | 1.38% | 1.41% | 1.27% | 1.28% |
| Portfolio components: | ||||||||||||
PFIX Simplify Interest Rate Hedge ETF | 81.35% | 80.99% | 0.63% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VGIT Vanguard Intermediate-Term Treasury ETF | 3.31% | 2.73% | 1.74% | 1.69% | 2.23% | 2.24% | 2.05% | 1.67% | 1.69% | 1.69% | 1.54% | 1.63% |
VTI Vanguard Total Stock Market ETF | 1.32% | 1.44% | 1.66% | 1.21% | 1.42% | 1.78% | 2.04% | 1.71% | 1.92% | 1.98% | 1.76% | 1.74% |
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 Hedged Beta. 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 Hedged Beta was 9.24%, occurring on May 20, 2022. Recovery took 106 trading sessions.
The current Hedged Beta drawdown is 3.49%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -9.24% | Apr 20, 2022 | 23 | May 20, 2022 | 106 | Oct 21, 2022 | 129 |
| -7.07% | Oct 25, 2022 | 38 | Dec 16, 2022 | 106 | May 22, 2023 | 144 |
| -7.07% | Jul 16, 2024 | 15 | Aug 5, 2024 | — | — | — |
| -6.23% | Nov 17, 2021 | 49 | Jan 27, 2022 | 37 | Mar 22, 2022 | 86 |
| -4.94% | May 25, 2021 | 38 | Jul 19, 2021 | 69 | Oct 25, 2021 | 107 |
Volatility
Volatility Chart
The current Hedged Beta volatility is 2.58%, 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
| VTI | PFIX | VGIT | |
|---|---|---|---|
| VTI | 1.00 | -0.09 | 0.09 |
| PFIX | -0.09 | 1.00 | -0.72 |
| VGIT | 0.09 | -0.72 | 1.00 |