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IRA Thought (Jan 11)
Performance
Return for Risk
Dividends
Drawdowns
Volatility
Diversification

Asset Allocation


QSPIX 16.67%TQQQ 25.00%UPRO 25.00%CSM 16.67%QLEIX 16.67%AlternativesAlternativesEquityEquity

S&P 500 Index

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in IRA Thought (Jan 11), 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 Jan 2, 2014, corresponding to the inception date of QSPIX

Returns By Period

As of Apr 4, 2026, the IRA Thought (Jan 11) returned -6.14% Year-To-Date and 25.17% of annualized return in the last 10 years.


1D1MYTD6M1Y3Y*5Y*10Y*
Benchmark
S&P 500 Index
0.11%-3.63%-3.84%-1.98%29.73%16.86%10.37%12.29%
Portfolio
IRA Thought (Jan 11)
0.22%-4.57%-6.14%-2.79%62.28%34.99%21.53%25.17%
TQQQ
ProShares UltraPro QQQ
0.23%-12.85%-17.68%-16.96%112.37%47.33%13.60%35.51%
UPRO
ProShares UltraPro S&P 500
0.21%-11.62%-13.96%-11.51%86.45%37.93%17.21%25.67%
CSM
Proshares Large Cap Core Plus
0.15%-3.26%-4.57%-0.83%33.75%17.97%11.72%13.05%
QSPIX
AQR Style Premia Alternative Fund
0.62%5.45%11.79%16.04%20.85%19.90%19.30%7.26%
QLEIX
AQR Long-Short Equity Fund
-0.10%0.63%-1.80%6.17%27.94%26.70%22.86%11.71%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Jan 3, 2014, IRA Thought (Jan 11)'s average daily return is +0.10%, while the average monthly return is +2.08%. At this rate, your investment would double in approximately 2.8 years.

Historically, 65% of months were positive and 35% were negative. The best month was Apr 2020 with a return of +22.1%, while the worst month was Mar 2020 at -25.2%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 3 months.

On a daily basis, IRA Thought (Jan 11) closed higher 55% of trading days. The best single day was Apr 9, 2025 with a return of +15.6%, while the worst single day was Mar 16, 2020 at -17.2%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20261.75%-2.55%-7.52%2.37%-6.14%
20254.54%-2.34%-9.99%-3.84%13.55%10.07%3.54%2.62%7.94%5.65%-1.57%-0.01%31.71%
20244.76%8.70%5.65%-7.15%9.59%7.18%-1.48%1.69%2.69%-1.92%10.01%-2.20%42.45%
202314.83%-2.32%8.70%1.57%4.63%13.13%6.04%-2.58%-6.38%-4.68%17.26%8.11%71.29%
2022-7.06%-5.10%3.59%-14.48%1.63%-15.25%16.96%-9.44%-17.63%12.54%8.78%-12.49%-37.09%
20210.45%3.04%8.77%9.72%0.08%6.30%4.65%5.92%-8.91%11.33%1.03%7.62%60.61%

Benchmark Metrics

IRA Thought (Jan 11) has an annualized alpha of 5.55%, beta of 1.72, and R² of 0.94 versus S&P 500 Index. Calculated based on daily prices since January 03, 2014.

  • This portfolio captured 228.16% of S&P 500 Index gains and 154.17% of its losses — amplifying both gains and losses, but participating more in upside than downside.
  • This portfolio generated an annualized alpha of 5.55% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
  • Beta of 1.72 means this portfolio moves significantly more than S&P 500 Index — expect amplified gains in rallies and amplified losses in downturns.

Alpha
5.55%
Beta
1.72
0.94
Upside Capture
228.16%
Downside Capture
154.17%

Expense Ratio

IRA Thought (Jan 11) has a high expense ratio of 1.01%, indicating above-average management fees. 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

IRA Thought (Jan 11) ranks 28 for risk / return — below 28% 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.


IRA Thought (Jan 11) Risk / Return Rank: 2828
Overall Rank
IRA Thought (Jan 11) Sharpe Ratio Rank: 2525
Sharpe Ratio Rank
IRA Thought (Jan 11) Sortino Ratio Rank: 2525
Sortino Ratio Rank
IRA Thought (Jan 11) Omega Ratio Rank: 2828
Omega Ratio Rank
IRA Thought (Jan 11) Calmar Ratio Rank: 3131
Calmar Ratio Rank
IRA Thought (Jan 11) Martin Ratio Rank: 3131
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


PortfolioBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.95

0.88

+0.07

Sortino ratio

Return per unit of downside risk

1.46

1.37

+0.09

Omega ratio

Gain probability vs. loss probability

1.22

1.21

+0.01

Calmar ratio

Return relative to maximum drawdown

1.54

1.39

+0.15

Martin ratio

Return relative to average drawdown

6.31

6.43

-0.12


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

Risk / Return RankSharpe ratioSortino ratioOmega ratioCalmar ratioMartin ratio
TQQQ
ProShares UltraPro QQQ
400.681.361.191.323.99
UPRO
ProShares UltraPro S&P 500
340.591.171.171.034.06
CSM
Proshares Large Cap Core Plus
530.981.511.231.526.85
QSPIX
AQR Style Premia Alternative Fund
661.522.081.281.925.84
QLEIX
AQR Long-Short Equity Fund
942.353.061.483.2212.63

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.

IRA Thought (Jan 11) Sharpe ratios as of Apr 4, 2026 (values are recalculated daily):

  • 1-Year: 0.95
  • 5-Year: 0.71
  • 10-Year: 0.79
  • All Time: 0.77

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 0.99 to 1.69, this portfolio's current Sharpe ratio places it in the bottom 25%. This suggests weaker risk-adjusted returns than most portfolios, possibly due to lower returns, higher volatility, or both. It may be worth reviewing the allocation. You can use the Portfolio Optimization tool to explore options for improving the Sharpe ratio.

The chart below shows the rolling Sharpe ratio of IRA Thought (Jan 11) 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

IRA Thought (Jan 11) provided a 1.31% dividend yield over the last twelve months.


TTM20252024202320222021202020192018201720162015
Portfolio1.31%1.27%3.07%8.14%6.64%2.27%0.49%0.62%1.61%2.91%1.07%2.17%
TQQQ
ProShares UltraPro QQQ
0.73%0.65%1.27%1.26%0.57%0.00%0.00%0.06%0.11%0.00%0.00%0.01%
UPRO
ProShares UltraPro S&P 500
1.01%0.84%0.93%0.74%0.52%0.06%0.11%0.41%0.63%0.00%0.12%0.34%
CSM
Proshares Large Cap Core Plus
1.15%1.04%1.06%1.17%1.37%0.78%1.21%1.41%1.54%1.28%1.49%1.67%
QSPIX
AQR Style Premia Alternative Fund
2.30%2.57%6.95%23.77%22.68%12.78%0.00%1.62%0.96%7.08%1.74%5.83%
QLEIX
AQR Long-Short Equity Fund
1.78%1.75%7.12%20.88%14.15%0.00%1.57%0.00%6.03%9.11%3.01%4.98%

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 IRA Thought (Jan 11). 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 IRA Thought (Jan 11) was 50.74%, occurring on Mar 23, 2020. Recovery took 107 trading sessions.

The current IRA Thought (Jan 11) drawdown is 9.15%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-50.74%Feb 20, 202023Mar 23, 2020107Aug 24, 2020130
-42.57%Dec 30, 2021198Oct 12, 2022292Dec 11, 2023490
-33.06%Oct 2, 201858Dec 24, 2018131Jul 3, 2019189
-32.7%Feb 20, 202534Apr 8, 202556Jun 30, 202590
-22.62%Dec 2, 201549Feb 11, 2016106Jul 14, 2016155

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 5 assets, with an effective number of assets of 4.80, 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.

BenchmarkQSPIXQLEIXTQQQCSMUPROPortfolio
Benchmark1.00-0.060.500.910.971.000.97
QSPIX-0.061.000.51-0.12-0.04-0.060.01
QLEIX0.500.511.000.400.500.500.54
TQQQ0.91-0.120.401.000.870.910.96
CSM0.97-0.040.500.871.000.970.94
UPRO1.00-0.060.500.910.971.000.97
Portfolio0.970.010.540.960.940.971.00
The correlation results are calculated based on daily price changes starting from Jan 3, 2014