M1(LONG)

Asset Allocation

Position	Category/Sector	Target Weight
DIVB iShares U.S. Dividend and Buyback ETF	Large Cap Blend Equities, Dividend	1%
FBTC Fidelity Wise Origin Bitcoin Trust	Cryptocurrency	3%
IGM iShares Expanded Tech Sector ETF	Technology Equities	31%
IYW iShares U.S. Technology ETF	Technology Equities	31%
SMH VanEck Semiconductor ETF	Semiconductors, Technology Equities	9%
VOO Vanguard S&P 500 ETF	S&P 500	16%
XHB SPDR S&P Homebuilders ETF	Building & Construction	9%

Benchmark Against

Benchmark

S&P 500 Index

Rebalance

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in M1(LONG), 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 graphics...

The earliest data available for this chart is Jan 11, 2024, corresponding to the inception date of FBTC

Returns By Period

	1D	1M	YTD	6M	1Y	3Y*	5Y*	10Y*
Benchmark S&P 500 Index	0.11%	-3.43%	-3.84%	-1.98%	16.08%	16.86%	10.37%	12.29%
Portfolio M1(LONG)	0.28%	-2.75%	-4.96%	-4.93%	27.96%	—	—	—
Portfolio components:
IYW iShares U.S. Technology ETF	0.52%	-1.83%	-7.13%	-6.54%	29.96%	26.25%	15.97%	21.86%
IGM iShares Expanded Tech Sector ETF	0.73%	-1.47%	-6.15%	-4.99%	31.65%	29.30%	14.88%	21.24%
DIVB iShares U.S. Dividend and Buyback ETF	0.37%	-2.65%	2.31%	5.01%	13.90%	16.16%	10.49%	—
SMH VanEck Semiconductor ETF	0.09%	0.32%	8.94%	16.35%	83.82%	44.85%	26.17%	31.69%
XHB SPDR S&P Homebuilders ETF	-1.00%	-11.73%	-4.46%	-11.73%	0.02%	13.96%	7.37%	12.26%
VOO Vanguard S&P 500 ETF	0.11%	-3.33%	-3.55%	-1.41%	17.60%	18.47%	11.96%	14.19%
FBTC Fidelity Wise Origin Bitcoin Trust	-1.68%	-1.83%	-23.44%	-44.70%	-23.09%	—	—	—

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

Monthly Returns

Based on dividend-adjusted daily data since Jan 12, 2024, M1(LONG)'s average daily return is +0.09%, while the average monthly return is +1.70%. At this rate, your investment would double in approximately 3.4 years.

Historically, 64% of months were positive and 36% were negative. The best month was May 2025 with a return of +9.3%, while the worst month was Mar 2025 at -7.9%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 2 months.

On a daily basis, M1(LONG) closed higher 57% of trading days. The best single day was Apr 9, 2025 with a return of +12.3%, while the worst single day was Apr 3, 2025 at -6.7%.

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Total
2026	1.46%	-2.53%	-5.47%	1.66%									-4.96%
2025	2.04%	-4.13%	-7.93%	1.22%	9.30%	8.82%	3.67%	1.68%	6.27%	4.66%	-2.61%	-0.40%	23.31%
2024	2.54%	8.46%	3.53%	-5.54%	7.28%	5.87%	-0.15%	0.65%	3.09%	-1.07%	6.59%	-1.50%	32.94%

Benchmark Metrics

M1(LONG) has an annualized alpha of 1.20%, beta of 1.36, and R² of 0.91 versus S&P 500 Index. Calculated based on daily prices since January 12, 2024.

This portfolio captured 142.64% of S&P 500 Index gains and 122.75% of its losses — amplifying both gains and losses, but participating more in upside than downside.

Alpha: 1.20%

Beta: 1.36

R²: 0.91

Upside Capture: 142.64%

Downside Capture: 122.75%

Expense Ratio

M1(LONG) has an expense ratio of 0.35%, placing it in the medium range. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.

IGM

iShares Expanded Tech Sector ETF

IYW

iShares U.S. Technology ETF

SMH

VanEck Semiconductor ETF

XHB

SPDR S&P Homebuilders ETF

DIVB

iShares U.S. Dividend and Buyback ETF

FBTC

Fidelity Wise Origin Bitcoin Trust

VOO

Vanguard S&P 500 ETF

Return for Risk

Risk / Return Rank

M1(LONG) ranks 45 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.

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	1.14	0.88	+0.26
Sortino ratio Return per unit of downside risk	1.75	1.37	+0.38
Omega ratio Gain probability vs. loss probability	1.25	1.21	+0.04
Calmar ratio Return relative to maximum drawdown	2.07	1.39	+0.68
Martin ratio Return relative to average drawdown	7.20	6.43	+0.76
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
IYW iShares U.S. Technology ETF	58	1.12	1.72	1.24	1.73	5.51
IGM iShares Expanded Tech Sector ETF	64	1.19	1.80	1.25	1.98	6.61
DIVB iShares U.S. Dividend and Buyback ETF	42	0.87	1.27	1.19	1.15	4.91
SMH VanEck Semiconductor ETF	94	2.28	2.89	1.41	5.34	18.94
XHB SPDR S&P Homebuilders ETF	12	0.00	0.22	1.02	0.08	0.19
VOO Vanguard S&P 500 ETF	54	0.98	1.49	1.23	1.53	7.13
FBTC Fidelity Wise Origin Bitcoin Trust	5	-0.51	-0.49	0.94	-0.43	-0.91

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.

M1(LONG) Sharpe ratios as of Apr 3, 2026 (values are recalculated daily):

1-Year: 1.14
All Time: 0.98

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 0.98 to 1.66, 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 M1(LONG) compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.

Loading graphics...

Dividends

Dividend yield

M1(LONG) provided a 0.40% dividend yield over the last twelve months.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Portfolio	0.40%	0.40%	0.45%	0.60%	0.85%	0.45%	0.67%	0.91%	1.10%	0.91%	1.09%	1.16%
Portfolio components:
IYW iShares U.S. Technology ETF	0.15%	0.14%	0.21%	0.34%	0.50%	0.31%	0.56%	0.72%	0.92%	0.82%	1.14%	1.12%
IGM iShares Expanded Tech Sector ETF	0.17%	0.17%	0.22%	0.33%	0.66%	0.16%	0.32%	0.50%	0.57%	0.57%	0.90%	0.79%
DIVB iShares U.S. Dividend and Buyback ETF	2.51%	2.50%	2.61%	3.18%	2.02%	1.63%	2.08%	2.07%	2.52%	0.37%	0.00%	0.00%
SMH VanEck Semiconductor ETF	0.28%	0.31%	0.44%	0.60%	1.18%	0.51%	0.69%	1.50%	1.88%	1.43%	0.80%	2.14%
XHB SPDR S&P Homebuilders ETF	0.65%	0.78%	0.59%	0.77%	1.06%	0.51%	0.73%	0.89%	1.25%	0.72%	0.67%	0.50%
VOO Vanguard S&P 500 ETF	1.18%	1.13%	1.24%	1.46%	1.69%	1.25%	1.54%	1.88%	2.06%	1.78%	2.02%	2.10%
FBTC Fidelity Wise Origin Bitcoin 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%

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 graphics...

Worst Drawdowns

The table below displays the maximum drawdowns of the M1(LONG). 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 M1(LONG) was 24.91%, occurring on Apr 8, 2025. Recovery took 52 trading sessions.

The current M1(LONG) drawdown is 8.96%.

Depth	Start	To Bottom	Bottom	To Recover	End	Total
-24.91%	Jan 24, 2025	52	Apr 8, 2025	52	Jun 24, 2025	104
-14.04%	Oct 30, 2025	103	Mar 30, 2026	—	—	—
-13.35%	Jul 17, 2024	16	Aug 7, 2024	44	Oct 9, 2024	60
-7.92%	Mar 25, 2024	19	Apr 19, 2024	18	May 15, 2024	37
-5.63%	Dec 17, 2024	17	Jan 13, 2025	6	Jan 22, 2025	23

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.

Loading graphics...

Diversification

Diversification Metrics

Number of Effective Assets

The portfolio contains 7 assets, with an effective number of assets of 4.26, reflecting the diversification based on asset allocation. This number of effective assets suggests a highly concentrated portfolio, where a few assets dominate the allocation, potentially increasing the portfolio's risk due to lack of diversification.

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	FBTC	XHB	DIVB	SMH	IYW	IGM	VOO	Portfolio
Benchmark	1.00	0.40	0.58	0.69	0.78	0.89	0.90	1.00	0.93
FBTC	0.40	1.00	0.27	0.29	0.36	0.37	0.39	0.40	0.47
XHB	0.58	0.27	1.00	0.72	0.40	0.37	0.39	0.58	0.52
DIVB	0.69	0.29	0.72	1.00	0.42	0.42	0.45	0.70	0.55
SMH	0.78	0.36	0.40	0.42	1.00	0.89	0.88	0.78	0.91
IYW	0.89	0.37	0.37	0.42	0.89	1.00	0.98	0.89	0.97
IGM	0.90	0.39	0.39	0.45	0.88	0.98	1.00	0.90	0.98
VOO	1.00	0.40	0.58	0.70	0.78	0.89	0.90	1.00	0.93
Portfolio	0.93	0.47	0.52	0.55	0.91	0.97	0.98	0.93	1.00

The correlation results are calculated based on daily price changes starting from Jan 12, 2024

M1(LONG)

Asset Allocation

Performance

Performance Chart

Returns By Period

Monthly Returns

Benchmark Metrics

Expense Ratio

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