Brent's Retirement Portfolio Makeover

Asset Allocation

Position	Category/Sector	Target Weight
AVDV Avantis International Small Cap Value ETF	Foreign Small & Mid Cap Equities	2%
DPG Duff & Phelps Utility and Infrastructure Fund Inc	Utilities Equities	1%
EQWL Invesco S&P 100 Equal Weight ETF	Large Cap Blend Equities	2%
FRDM Freedom 100 Emerging Markets ETF	Emerging Markets Diversified	2%
IAI iShares U.S. Broker-Dealers & Securities Exchanges ETF	Financials Equities	2%
IDMO Invesco S&P International Developed Momentum ETF	Momentum, Global Equities	4%
IPKW Invesco International BuyBack Achievers™ ETF	Global Equities	1.50%
KYN Kayne Anderson Energy Infrastructure Fund	Energy Equities	1%
MGK Vanguard Mega Cap Growth ETF	Large Cap Growth Equities	8.50%
MLPR ETRACS Quarterly Pay 1.5x Leveraged Alerian MLP Index ETN	Leveraged Equities, Leveraged	2%
MLPX Global X MLP & Energy Infrastructure ETF	MLPs	1%
NLR VanEck Vectors Uranium+Nuclear Energy ETF	Alternative Energy Equities	2%
OEF iShares S&P 100 ETF	Large Cap Growth Equities	8.50%
PPA Invesco Aerospace & Defense ETF	Industrials Equities, Aerospace & Defense	2%
QDEF FlexShares Quality Dividend Defensive Index Fund	Large Cap Value Equities, Dividend	1.50%
QQQ Invesco QQQ ETF	Nasdaq-100	8.50%
RFV Invesco S&P MidCap 400® Pure Value ETF	Small Cap Value Equities	3%
SPHB Invesco S&P 500® High Beta ETF	S&P 500	4.50%
SPMO Invesco S&P 500 Momentum ETF	Momentum, S&P 500	9.50%
USD=X USD Cash		20%
UTES Virtus Reaves Utilities ETF	Utilities Equities, Actively Managed	2%
VGT Vanguard Information Technology ETF	Technology Equities	2%
XAR SPDR S&P Aerospace & Defense ETF	Industrials Equities, Aerospace & Defense	2%
XMMO Invesco S&P MidCap Momentum ETF	Momentum, Mid Cap Growth Equities	4.50%
XSMO Invesco S&P SmallCap Momentum ETF	Momentum, Small Cap Growth Equities	3%

Benchmark Against

Benchmark

S&P 500 Index

Rebalance

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Brent's Retirement Portfolio Makeover, 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 year.

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The earliest data available for this chart is Jun 3, 2020, corresponding to the inception date of MLPR

Returns By Period

	1D	1M	YTD	6M	1Y	3Y*	5Y*	10Y*
Benchmark S&P 500 Index	0.26%	4.84%	2.86%	6.22%	33.47%	19.26%	10.96%	12.89%
Portfolio Brent's Retirement Portfolio Makeover	0.00%	4.41%	5.86%	7.84%	35.74%	21.57%	13.08%	—
Portfolio components:
SPMO Invesco S&P 500 Momentum ETF	0.13%	8.31%	6.52%	5.97%	44.87%	32.29%	18.61%	18.55%
OEF iShares S&P 100 ETF	0.13%	5.28%	1.04%	5.02%	37.09%	23.49%	13.96%	15.78%
QQQ Invesco QQQ ETF	0.48%	6.29%	4.39%	7.02%	44.89%	26.92%	14.05%	20.00%
SPHB Invesco S&P 500® High Beta ETF	0.97%	8.55%	10.98%	16.91%	79.98%	24.73%	13.59%	17.22%
IPKW Invesco International BuyBack Achievers™ ETF	0.14%	4.39%	6.59%	16.40%	42.41%	23.40%	10.41%	11.16%
IDMO Invesco S&P International Developed Momentum ETF	-0.67%	5.62%	7.25%	14.46%	38.77%	24.40%	14.87%	12.23%
AVDV Avantis International Small Cap Value ETF	0.08%	6.01%	13.39%	21.09%	59.39%	25.75%	13.96%	—
FRDM Freedom 100 Emerging Markets ETF	0.15%	8.72%	20.91%	34.84%	84.56%	30.83%	15.09%	—
VGT Vanguard Information Technology ETF	1.01%	8.99%	5.17%	5.76%	56.64%	28.28%	16.20%	22.93%
UTES Virtus Reaves Utilities ETF	1.27%	1.97%	6.44%	-2.79%	32.66%	23.98%	16.32%	13.51%

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

Monthly Returns

Based on dividend-adjusted daily data since Jun 4, 2020, Brent's Retirement Portfolio Makeover's average daily return is +0.04%, while the average monthly return is +1.34%. At this rate, an investment would double in approximately 4.3 years.

Historically, 68% of months were positive and 32% were negative. The best month was Nov 2020 with a return of +10.4%, while the worst month was Jun 2022 at -7.6%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 3 months.

On a daily basis, Brent's Retirement Portfolio Makeover closed higher 38% of trading days. The best single day was Apr 9, 2025 with a return of +7.7%, while the worst single day was Apr 4, 2025 at -5.3%.

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Total
2026	2.61%	1.03%	-4.29%	6.70%									5.86%
2025	3.26%	-1.59%	-4.02%	0.69%	6.74%	5.04%	2.06%	1.51%	3.40%	2.09%	-0.61%	0.45%	20.23%
2024	0.96%	4.92%	3.28%	-3.33%	4.71%	2.37%	1.28%	1.37%	1.94%	-0.44%	6.19%	-2.90%	21.81%
2023	5.68%	-1.76%	1.95%	0.58%	0.23%	5.52%	3.17%	-1.12%	-3.13%	-1.99%	8.26%	4.70%	23.59%
2022	-3.89%	-0.78%	2.50%	-6.83%	1.06%	-7.56%	7.55%	-2.51%	-7.45%	7.16%	4.25%	-4.08%	-11.54%
2021	0.43%	2.37%	3.03%	3.76%	0.97%	2.34%	0.38%	2.33%	-3.00%	5.26%	-1.71%	2.73%	20.28%

Benchmark Metrics

Brent's Retirement Portfolio Makeover has an annualized alpha of 3.70%, beta of 0.83, and R² of 0.95 versus S&P 500 Index. Calculated based on daily prices since June 04, 2020.

This portfolio participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (86.21%) than losses (74.94%) — typical of diversified or defensive assets.
This portfolio generated an annualized alpha of 3.70% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.

Alpha: 3.70%

Beta: 0.83

R²: 0.95

Upside Capture: 86.21%

Downside Capture: 74.94%

Expense Ratio

Brent's Retirement Portfolio Makeover has an expense ratio of 0.26%, 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.

Top 10 holdings

DPG

Duff & Phelps Utility and Infrastructure Fund Inc

KYN

Kayne Anderson Energy Infrastructure Fund

MLPR

ETRACS Quarterly Pay 1.5x Leveraged Alerian MLP Index ETN

PPA

Invesco Aerospace & Defense ETF

NLR

VanEck Vectors Uranium+Nuclear Energy ETF

IPKW

Invesco International BuyBack Achievers™ ETF

FRDM

Freedom 100 Emerging Markets ETF

UTES

Virtus Reaves Utilities ETF

MLPX

Global X MLP & Energy Infrastructure ETF

IAI

iShares U.S. Broker-Dealers & Securities Exchanges ETF

Return for Risk

Risk / Return Rank

Brent's Retirement Portfolio Makeover ranks 52 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	2.99	2.59	+0.40
Sortino ratio Return per unit of downside risk	4.14	3.60	+0.54
Omega ratio Gain probability vs. loss probability	1.57	1.48	+0.08
Calmar ratio Return relative to maximum drawdown	2.56	3.33	-0.77
Martin ratio Return relative to average drawdown	9.28	15.04	-5.76
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
SPMO Invesco S&P 500 Momentum ETF	67	2.62	3.55	1.48	3.29	12.84
OEF iShares S&P 100 ETF	67	2.69	3.71	1.49	3.00	12.48
QQQ Invesco QQQ ETF	69	2.70	3.59	1.47	3.40	12.94
SPHB Invesco S&P 500® High Beta ETF	91	3.51	4.32	1.57	7.11	28.29
IPKW Invesco International BuyBack Achievers™ ETF	84	3.08	4.13	1.57	4.75	17.35
IDMO Invesco S&P International Developed Momentum ETF	68	2.51	3.48	1.46	3.41	14.77
AVDV Avantis International Small Cap Value ETF	90	4.05	5.17	1.75	4.60	19.72
FRDM Freedom 100 Emerging Markets ETF	90	3.96	4.59	1.69	4.99	20.43
VGT Vanguard Information Technology ETF	63	2.72	3.46	1.45	3.16	10.05
UTES Virtus Reaves Utilities ETF	32	1.61	2.13	1.28	2.33	5.84

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.

Brent's Retirement Portfolio Makeover Sharpe ratios as of Apr 17, 2026 (values are recalculated daily):

1-Year: 2.99
5-Year: 0.92
All Time: 1.14

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 2.32 to 3.14, 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 Brent's Retirement Portfolio Makeover 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

Brent's Retirement Portfolio Makeover provided a 1.18% dividend yield over the last twelve months.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Portfolio	1.18%	1.25%	1.17%	1.52%	1.58%	1.24%	1.36%	1.27%	1.47%	1.20%	1.39%	1.29%
Portfolio components:
SPMO Invesco S&P 500 Momentum ETF	0.80%	0.73%	0.48%	1.63%	1.66%	0.52%	1.27%	1.39%	1.05%	0.77%	1.94%	0.36%
OEF iShares S&P 100 ETF	0.90%	0.81%	1.03%	1.19%	1.55%	1.06%	1.43%	1.87%	2.09%	1.81%	2.07%	2.11%
QQQ Invesco QQQ ETF	0.44%	0.45%	0.56%	0.62%	0.80%	0.43%	0.55%	0.74%	0.91%	0.84%	1.06%	0.99%
SPHB Invesco S&P 500® High Beta ETF	0.61%	0.60%	0.80%	0.73%	0.72%	0.91%	1.90%	1.26%	1.96%	1.34%	0.93%	1.69%
IPKW Invesco International BuyBack Achievers™ ETF	3.50%	3.55%	4.12%	2.66%	3.77%	7.37%	1.45%	2.41%	2.61%	0.93%	2.82%	1.31%
IDMO Invesco S&P International Developed Momentum ETF	3.55%	3.71%	2.24%	2.89%	3.66%	1.81%	1.63%	2.78%	3.27%	3.08%	2.18%	2.52%
AVDV Avantis International Small Cap Value ETF	2.81%	3.05%	4.31%	3.29%	3.17%	2.39%	1.67%	0.36%	0.00%	0.00%	0.00%	0.00%
FRDM Freedom 100 Emerging Markets ETF	1.81%	2.26%	2.53%	2.66%	2.72%	2.17%	1.11%	1.07%	0.00%	0.00%	0.00%	0.00%
VGT Vanguard Information Technology ETF	0.39%	0.40%	0.60%	0.65%	0.91%	0.64%	0.82%	1.11%	1.29%	0.99%	1.31%	1.28%
UTES Virtus Reaves Utilities ETF	1.41%	1.42%	1.51%	2.44%	2.13%	1.94%	2.09%	1.84%	2.09%	3.44%	3.53%	0.61%

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 Brent's Retirement Portfolio Makeover. 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 Brent's Retirement Portfolio Makeover was 18.55%, occurring on Sep 30, 2022. Recovery took 291 trading sessions.

Depth	Start	To Bottom	Bottom	To Recover	End	Total
-18.55%	Nov 9, 2021	326	Sep 30, 2022	291	Jul 18, 2023	617
-15.84%	Feb 19, 2025	49	Apr 8, 2025	49	May 27, 2025	98
-8.22%	Jul 17, 2024	20	Aug 5, 2024	45	Sep 19, 2024	65
-7.65%	Sep 3, 2020	21	Sep 23, 2020	47	Nov 9, 2020	68
-7.44%	Aug 1, 2023	88	Oct 27, 2023	18	Nov 14, 2023	106

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 25 assets, with an effective number of assets of 12.06, reflecting the diversification based on asset allocation. This number of effective assets suggests that the portfolio's investments are spread across a variety of assets, indicating a well-diversified allocation. However, true diversification also depends on the correlations between assets.

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	USD=X	DPG	UTES	MLPR	KYN	MLPX	NLR	FRDM	XAR	IPKW	PPA	IDMO	IAI	MGK	RFV	QQQ	VGT	AVDV	SPMO	XSMO	XMMO	SPHB	OEF	EQWL	QDEF	Portfolio
Benchmark	1.00	0.00	0.42	0.47	0.43	0.45	0.45	0.59	0.68	0.67	0.67	0.69	0.72	0.74	0.92	0.72	0.92	0.90	0.69	0.85	0.76	0.79	0.84	0.98	0.90	0.93	0.97
USD=X	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
DPG	0.42	0.00	1.00	0.53	0.42	0.47	0.48	0.38	0.30	0.35	0.37	0.38	0.35	0.37	0.24	0.39	0.24	0.22	0.43	0.31	0.38	0.38	0.32	0.32	0.46	0.44	0.40
UTES	0.47	0.00	0.53	1.00	0.31	0.31	0.37	0.51	0.28	0.40	0.31	0.43	0.34	0.35	0.32	0.33	0.32	0.29	0.34	0.40	0.35	0.41	0.33	0.39	0.45	0.50	0.44
MLPR	0.43	0.00	0.42	0.31	1.00	0.73	0.83	0.39	0.36	0.45	0.46	0.45	0.37	0.46	0.24	0.52	0.24	0.27	0.47	0.36	0.49	0.46	0.46	0.34	0.47	0.41	0.50
KYN	0.45	0.00	0.47	0.31	0.73	1.00	0.77	0.40	0.37	0.45	0.46	0.46	0.39	0.45	0.28	0.49	0.28	0.29	0.49	0.38	0.48	0.46	0.48	0.38	0.47	0.42	0.52
MLPX	0.45	0.00	0.48	0.37	0.83	0.77	1.00	0.43	0.36	0.48	0.49	0.50	0.40	0.50	0.24	0.56	0.25	0.27	0.50	0.38	0.52	0.49	0.51	0.36	0.51	0.44	0.52
NLR	0.59	0.00	0.38	0.51	0.39	0.40	0.43	1.00	0.49	0.54	0.53	0.53	0.53	0.48	0.46	0.45	0.47	0.48	0.57	0.52	0.50	0.54	0.52	0.52	0.52	0.55	0.63
FRDM	0.68	0.00	0.30	0.28	0.36	0.37	0.36	0.49	1.00	0.45	0.71	0.45	0.67	0.51	0.56	0.51	0.59	0.60	0.71	0.56	0.53	0.56	0.62	0.61	0.57	0.57	0.69
XAR	0.67	0.00	0.35	0.40	0.45	0.45	0.48	0.54	0.45	1.00	0.52	0.91	0.50	0.60	0.46	0.67	0.48	0.49	0.55	0.52	0.69	0.67	0.68	0.55	0.65	0.60	0.69
IPKW	0.67	0.00	0.37	0.31	0.46	0.46	0.49	0.53	0.71	0.52	1.00	0.53	0.75	0.57	0.48	0.61	0.50	0.50	0.84	0.52	0.58	0.58	0.61	0.56	0.64	0.61	0.68
PPA	0.69	0.00	0.38	0.43	0.45	0.46	0.50	0.53	0.45	0.91	0.53	1.00	0.52	0.61	0.46	0.67	0.47	0.48	0.56	0.55	0.68	0.68	0.66	0.57	0.69	0.65	0.70
IDMO	0.72	0.00	0.35	0.34	0.37	0.39	0.40	0.53	0.67	0.50	0.75	0.52	1.00	0.53	0.60	0.51	0.61	0.61	0.78	0.68	0.61	0.65	0.56	0.63	0.62	0.64	0.73
IAI	0.74	0.00	0.37	0.35	0.46	0.45	0.50	0.48	0.51	0.60	0.57	0.61	0.53	1.00	0.52	0.67	0.52	0.53	0.57	0.56	0.67	0.67	0.72	0.62	0.73	0.66	0.72
MGK	0.92	0.00	0.24	0.32	0.24	0.28	0.24	0.46	0.56	0.46	0.48	0.46	0.60	0.52	1.00	0.45	0.96	0.93	0.51	0.79	0.56	0.61	0.66	0.92	0.64	0.73	0.81
RFV	0.72	0.00	0.39	0.33	0.52	0.49	0.56	0.45	0.51	0.67	0.61	0.67	0.51	0.67	0.45	1.00	0.47	0.48	0.63	0.48	0.77	0.70	0.79	0.57	0.76	0.69	0.71
QQQ	0.92	0.00	0.24	0.32	0.24	0.28	0.25	0.47	0.59	0.48	0.50	0.47	0.61	0.52	0.96	0.47	1.00	0.95	0.52	0.78	0.58	0.63	0.69	0.91	0.65	0.74	0.83
VGT	0.90	0.00	0.22	0.29	0.27	0.29	0.27	0.48	0.60	0.49	0.50	0.48	0.61	0.53	0.93	0.48	0.95	1.00	0.52	0.79	0.59	0.65	0.70	0.88	0.63	0.73	0.83
AVDV	0.69	0.00	0.43	0.34	0.47	0.49	0.50	0.57	0.71	0.55	0.84	0.56	0.78	0.57	0.51	0.63	0.52	0.52	1.00	0.54	0.61	0.61	0.64	0.59	0.67	0.63	0.71
SPMO	0.85	0.00	0.31	0.40	0.36	0.38	0.38	0.52	0.56	0.52	0.52	0.55	0.68	0.56	0.79	0.48	0.78	0.79	0.54	1.00	0.65	0.74	0.60	0.80	0.65	0.74	0.82
XSMO	0.76	0.00	0.38	0.35	0.49	0.48	0.52	0.50	0.53	0.69	0.58	0.68	0.61	0.67	0.56	0.77	0.58	0.59	0.61	0.65	1.00	0.86	0.74	0.62	0.71	0.70	0.79
XMMO	0.79	0.00	0.38	0.41	0.46	0.46	0.49	0.54	0.56	0.67	0.58	0.68	0.65	0.67	0.61	0.70	0.63	0.65	0.61	0.74	0.86	1.00	0.72	0.67	0.70	0.73	0.83
SPHB	0.84	0.00	0.32	0.33	0.46	0.48	0.51	0.52	0.62	0.68	0.61	0.66	0.56	0.72	0.66	0.79	0.69	0.70	0.64	0.60	0.74	0.72	1.00	0.74	0.77	0.72	0.84
OEF	0.98	0.00	0.32	0.39	0.34	0.38	0.36	0.52	0.61	0.55	0.56	0.57	0.63	0.62	0.92	0.57	0.91	0.88	0.59	0.80	0.62	0.67	0.74	1.00	0.78	0.84	0.89
EQWL	0.90	0.00	0.46	0.45	0.47	0.47	0.51	0.52	0.57	0.65	0.64	0.69	0.62	0.73	0.64	0.76	0.65	0.63	0.67	0.65	0.71	0.70	0.77	0.78	1.00	0.87	0.82
QDEF	0.93	0.00	0.44	0.50	0.41	0.42	0.44	0.55	0.57	0.60	0.61	0.65	0.64	0.66	0.73	0.69	0.74	0.73	0.63	0.74	0.70	0.73	0.72	0.84	0.87	1.00	0.85
Portfolio	0.97	0.00	0.40	0.44	0.50	0.52	0.52	0.63	0.69	0.69	0.68	0.70	0.73	0.72	0.81	0.71	0.83	0.83	0.71	0.82	0.79	0.83	0.84	0.89	0.82	0.85	1.00

The correlation results are calculated based on daily price changes starting from Jun 4, 2020

Brent's Retirement Portfolio Makeover

Asset Allocation

Performance

Performance Chart

Returns By Period

Monthly Returns

Benchmark Metrics

Expense Ratio

Top 10 holdings

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