Asset Allocation
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Constant Growth Portfolio, 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 Mar 17, 2022, corresponding to the inception date of GDE
Returns By Period
| 1D | 1M | YTD | 6M | 1Y | 3Y* | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|---|---|
Benchmark S&P 500 Index | -0.11% | 0.61% | -0.42% | 4.03% | 29.40% | 18.38% | 10.55% | 12.70% |
Portfolio Constant Growth Portfolio | 0.35% | 2.76% | 13.21% | 20.81% | 75.85% | 37.34% | — | — |
| Portfolio components: | ||||||||
AIRR First Trust RBA American Industrial Renaissance ETF | -0.24% | 7.28% | 22.47% | 28.01% | 82.89% | 38.10% | 24.05% | 21.49% |
SMH VanEck Semiconductor ETF | 1.53% | 8.94% | 21.31% | 34.70% | 123.35% | 51.47% | 28.60% | 33.21% |
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index | 0.76% | 5.26% | 16.32% | 19.30% | 65.31% | 24.45% | 16.36% | 19.21% |
QQQ Invesco QQQ ETF | 0.14% | 0.68% | -0.40% | 3.92% | 37.62% | 25.34% | 13.31% | 19.62% |
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund | -0.50% | -7.82% | 6.88% | 18.48% | 76.17% | 45.69% | — | — |
Monthly Returns
Based on dividend-adjusted daily data since Mar 18, 2022, Constant Growth Portfolio's average daily return is +0.10%, while the average monthly return is +2.11%. At this rate, an investment would double in approximately 2.8 years.
Historically, 64% of months were positive and 36% were negative. The best month was Jul 2022 with a return of +13.5%, while the worst month was Apr 2022 at -11.8%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 3 months.
On a daily basis, Constant Growth Portfolio closed higher 54% of trading days. The best single day was Apr 9, 2025 with a return of +12.4%, while the worst single day was Apr 4, 2025 at -6.3%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 8.96% | 3.92% | -7.76% | 8.39% | 13.21% | ||||||||
| 2025 | 2.97% | -3.66% | -4.59% | 2.37% | 9.59% | 8.32% | 3.35% | 2.69% | 8.42% | 5.71% | -0.78% | 0.81% | 39.95% |
| 2024 | 0.00% | 9.24% | 5.89% | -3.53% | 8.79% | 1.75% | 2.11% | 0.68% | 3.16% | -0.80% | 5.33% | -3.60% | 31.97% |
| 2023 | 11.59% | -0.94% | 6.04% | -1.74% | 5.65% | 7.11% | 3.16% | -2.34% | -6.79% | -3.32% | 11.27% | 8.16% | 42.41% |
| 2022 | 2.19% | -11.82% | 0.82% | -9.82% | 13.51% | -6.07% | -10.68% | 7.96% | 10.32% | -6.71% | -13.31% |
Benchmark Metrics
Constant Growth Portfolio has an annualized alpha of 11.55%, beta of 1.24, and R² of 0.87 versus S&P 500 Index. Calculated based on daily prices since March 18, 2022.
- This portfolio captured 169.34% of S&P 500 Index gains and 107.23% of its losses — amplifying both gains and losses, but participating more in upside than downside.
- This portfolio generated an annualized alpha of 11.55% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
- Alpha
- 11.55%
- Beta
- 1.24
- R²
- 0.87
- Upside Capture
- 169.34%
- Downside Capture
- 107.23%
Expense Ratio
Constant Growth Portfolio has an expense ratio of 0.43%, 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
Risk / Return Rank
Constant Growth Portfolio ranks 92 for risk / return — in the top 92% of portfolios on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
| Portfolio | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 3.81 | 2.23 | +1.58 |
Sortino ratioReturn per unit of downside risk | 4.61 | 3.12 | +1.50 |
Omega ratioGain probability vs. loss probability | 1.64 | 1.42 | +0.22 |
Calmar ratioReturn relative to maximum drawdown | 6.85 | 4.05 | +2.80 |
Martin ratioReturn relative to average drawdown | 31.01 | 17.91 | +13.10 |
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 | |
|---|---|---|---|---|---|---|
AIRR First Trust RBA American Industrial Renaissance ETF | 88 | 3.33 | 4.11 | 1.52 | 7.24 | 27.48 |
SMH VanEck Semiconductor ETF | 94 | 4.15 | 4.49 | 1.61 | 9.61 | 35.05 |
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index | 91 | 3.62 | 4.57 | 1.61 | 6.55 | 25.97 |
QQQ Invesco QQQ ETF | 61 | 2.23 | 3.00 | 1.40 | 3.98 | 14.88 |
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund | 69 | 2.73 | 3.09 | 1.47 | 4.17 | 15.55 |
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Dividends
Dividend yield
Constant Growth Portfolio provided a 1.15% dividend yield over the last twelve months.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 1.15% | 1.26% | 1.88% | 0.98% | 0.84% | 0.32% | 0.41% | 0.74% | 0.90% | 0.73% | 0.60% | 0.97% |
| Portfolio components: | ||||||||||||
AIRR First Trust RBA American Industrial Renaissance ETF | 0.15% | 0.19% | 0.18% | 0.23% | 0.12% | 0.05% | 0.10% | 0.20% | 0.43% | 0.30% | 0.08% | 0.47% |
SMH VanEck Semiconductor ETF | 0.25% | 0.31% | 0.44% | 0.60% | 1.18% | 0.51% | 0.69% | 1.50% | 1.88% | 1.43% | 0.80% | 2.14% |
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index | 0.85% | 1.01% | 1.06% | 1.23% | 1.26% | 0.63% | 0.68% | 1.26% | 1.28% | 1.07% | 1.07% | 1.23% |
QQQ Invesco QQQ ETF | 0.46% | 0.45% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% |
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund | 4.04% | 4.32% | 7.14% | 2.22% | 0.81% | 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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Constant Growth Portfolio. 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 Constant Growth Portfolio was 26.89%, occurring on Oct 14, 2022. Recovery took 154 trading sessions.
The current Constant Growth Portfolio drawdown is 1.43%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -26.89% | Mar 30, 2022 | 138 | Oct 14, 2022 | 154 | May 26, 2023 | 292 |
| -22.46% | Jan 24, 2025 | 52 | Apr 8, 2025 | 38 | Jun 3, 2025 | 90 |
| -13.63% | Jul 19, 2023 | 71 | Oct 26, 2023 | 33 | Dec 13, 2023 | 104 |
| -13.15% | Jul 17, 2024 | 16 | Aug 7, 2024 | 35 | Sep 26, 2024 | 51 |
| -13.13% | Feb 26, 2026 | 23 | Mar 30, 2026 | — | — | — |
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 5.00, 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
| Benchmark | GDE | AIRR | SMH | GRID | QQQ | Portfolio | |
|---|---|---|---|---|---|---|---|
| Benchmark | 1.00 | 0.64 | 0.75 | 0.81 | 0.84 | 0.94 | 0.92 |
| GDE | 0.64 | 1.00 | 0.50 | 0.54 | 0.61 | 0.60 | 0.74 |
| AIRR | 0.75 | 0.50 | 1.00 | 0.62 | 0.81 | 0.64 | 0.82 |
| SMH | 0.81 | 0.54 | 0.62 | 1.00 | 0.76 | 0.88 | 0.90 |
| GRID | 0.84 | 0.61 | 0.81 | 0.76 | 1.00 | 0.79 | 0.91 |
| QQQ | 0.94 | 0.60 | 0.64 | 0.88 | 0.79 | 1.00 | 0.90 |
| Portfolio | 0.92 | 0.74 | 0.82 | 0.90 | 0.91 | 0.90 | 1.00 |