PortfoliosLab logoPortfoliosLab logo
2026-02-02 Defense 01
Performance
Return for Risk
Dividends
Drawdowns
Volatility
Diversification

Asset Allocation


TLTW 16.67%IAUI 16.67%NIHI 16.67%IYRI 16.67%IWMI 16.67%SVOL 16.67%AlternativesAlternativesCommodityCommodityEquityEquityVolatilityVolatility

S&P 500 Index

Portfolio Optimizer

Find the right asset allocation for 2026-02-02 Defense 01

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 Optimizer

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in 2026-02-02 Defense 01, 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


Position1D1MYTD6M1Y3Y*5Y*10Y*
Benchmark
S&P 500 Index
0.50%0.31%8.56%8.85%24.33%19.37%11.84%13.61%
Portfolio
2026-02-02 Defense 01
0.55%1.64%4.61%4.95%
IAUI
NEOS Gold High Income ETF
0.16%-6.44%-3.41%-3.06%14.46%
IWMI
NEOS Russell 2000 High Income ETF
0.76%4.52%15.10%13.17%36.11%
IYRI
NEOS Real Estate High Income ETF
0.85%4.13%7.64%7.44%10.98%
NIHI
NEOS MSCI EAFE High Income ETF
0.43%2.68%6.42%7.84%
SVOL
Simplify Volatility Premium ETF
1.14%1.70%-0.84%0.96%14.90%5.92%6.22%
TLTW
iShares 20+ Year Treasury Bond BuyWrite Strategy ETF
-0.14%2.84%1.90%2.26%9.45%1.13%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Sep 17, 2025, 2026-02-02 Defense 01's average daily return is +0.05%, while the average monthly return is +0.93%. At this rate, an investment would double in approximately 6.2 years.

Historically, 80% of months were positive and 20% were negative. The best month was Apr 2026 with a return of +4.1%, while the worst month was Mar 2026 at -6.1%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 1 months.

On a daily basis, 2026-02-02 Defense 01 closed higher 58% of trading days. The best single day was Mar 31, 2026 with a return of +2.3%, while the worst single day was Mar 20, 2026 at -2.3%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20263.14%2.96%-6.13%4.13%1.28%-0.50%4.61%
20250.95%1.87%1.04%0.57%4.49%

Benchmark Metrics

2026-02-02 Defense 01 has an annualized alpha of 1.31%, beta of 0.67, and R2 of 0.70 versus S&P 500 Index. Calculated based on daily prices since September 17, 2025.

  • This portfolio participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (56.77%) than losses (44.11%) - typical of diversified or defensive assets.
  • Beta of 0.67 indicates this portfolio moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.

Alpha
1.31%
Beta
0.67
0.70
Upside Capture
56.77%
Downside Capture
44.11%

Expense Ratio

2026-02-02 Defense 01 has an expense ratio of 0.61%, 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.


Return for Risk

Return / Risk — by metrics

The table below presents risk-adjusted performance metrics for 2026-02-02 Defense 01 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.


PortfolioBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

1.86

Sortino ratioReturn per unit of downside risk

2.53

Omega ratioGain probability vs. loss probability

1.34

Calmar ratioReturn relative to maximum drawdown

2.53

Martin ratioReturn relative to average drawdown

11.37


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

PositionRisk / Return RankSharpe ratioSortino ratioOmega ratioCalmar ratioMartin ratio
IAUI
NEOS Gold High Income ETF
22
0.741.081.160.762.45
IWMI
NEOS Russell 2000 High Income ETF
81
2.263.111.394.1216.99
IYRI
NEOS Real Estate High Income ETF
30
0.991.411.181.384.98
NIHI
NEOS MSCI EAFE High Income ETF
SVOL
Simplify Volatility Premium ETF
19
0.500.831.110.801.90
TLTW
iShares 20+ Year Treasury Bond BuyWrite Strategy ETF
34
1.181.711.211.524.41

Sharpe Ratio

There isn't enough data available to calculate the Sharpe ratio for 2026-02-02 Defense 01. This metric is based on the past 12 months of trading data. Please check back later for updated information.


Loading charts...

Dividends

Dividend yield

2026-02-02 Defense 01 provided a 13.20% dividend yield over the last twelve months.


PositionTTM20252024202320222021
Portfolio13.20%11.79%6.67%5.99%4.51%0.78%
IAUI
NEOS Gold High Income ETF
13.32%6.88%0.00%0.00%0.00%0.00%
IWMI
NEOS Russell 2000 High Income ETF
13.32%14.05%8.78%0.00%0.00%0.00%
IYRI
NEOS Real Estate High Income ETF
10.90%11.72%0.00%0.00%0.00%0.00%
NIHI
NEOS MSCI EAFE High Income ETF
7.79%3.44%0.00%0.00%0.00%0.00%
SVOL
Simplify Volatility Premium ETF
22.19%19.82%16.79%16.36%18.32%4.65%
TLTW
iShares 20+ Year Treasury Bond BuyWrite Strategy ETF
11.68%14.82%14.47%19.59%8.71%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 charts...

Worst Drawdowns

The table below displays the maximum drawdowns of the 2026-02-02 Defense 01. 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 2026-02-02 Defense 01 was 8.40%, occurring on Mar 30, 2026. The portfolio has not yet recovered.

The current 2026-02-02 Defense 01 drawdown is 1.64%.


Related event

Drawdown

Fall

Recovery

Underwater

2026 pullback2026
-8.40%Mar 2026
1mo 1d
3mo 18dFeb 2026 - now
2025 pullback2025
-3.46%Nov 2025
23d6d
29dOct 2025 - Nov 2025
2026 pullback2026
-2.02%Feb 2026
6d4d
10dJan 2026 - Feb 2026
2025 pullback2025
-1.69%Oct 2025
1d5d
6dOct 2025 - Oct 2025
2025 pullback2025
-1.19%Dec 2025
2d6d
8dDec 2025 - Jan 2026

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


Loading charts...

Diversification

Diversification Metrics


Number of Effective Assets

The portfolio contains 6 assets, with an effective number of assets of 6.00, reflecting the diversification based on asset allocation. Your capital is spread almost evenly across your holdings, indicating a well-balanced allocation. Note that true diversification also depends on the correlations between assets — check the diversification ratio below.


Diversification Ratio
All Time
Diversification Ratio

1.41

The portfolio has a diversification ratio of 1.41, in line with the typical range across portfolios. There's room to improve by adding less correlated assets.

2026-02-02 Defense 01 correlation to the S&P 500 Index

2026-02-02 Defense 01 has a 0.81 correlation to S&P 500 Index over the full available history. This section compares each holding's correlation to the benchmark and to the portfolio.

Correlation
Correlation (All Time)
Calculated using the full available price history since Sep 17, 2025

0.81


Benchmark Correlations

Correlation vs. S&P 500 Index. IWMI has the highest benchmark correlation at 0.83, while TLTW has the lowest at 0.29.

TLTW
0.29
IYRI
0.30
IAUI
0.37
SVOL
0.76
NIHI
0.79
IWMI
0.83

Portfolio Correlations

Correlation vs. 2026-02-02 Defense 01. NIHI has the highest portfolio correlation at 0.86, while TLTW has the lowest at 0.38.

TLTW
0.38
IYRI
0.54
IAUI
0.61
SVOL
0.67
IWMI
0.86
NIHI
0.86

Asset Correlations Table

The table below displays the correlation coefficients between the individual components of the portfolio, the entire portfolio, and the chosen benchmark.

The correlation results are calculated based on daily price changes starting from Sep 17, 2025
Diversification Analysis

Find what 2026-02-02 Defense 01 is missing

See which holdings overlap, where 2026-02-02 Defense 01 is concentrated, and which low-correlation assets could fill the gaps.

Analyze Diversification