BAD

Performance

Risk-Adjusted Performance

Dividends

Drawdowns

Volatility

Diversification

BAD

Last updated Dec 4, 2024

Asset Allocation

Position	Category/Sector	Weight
BIL SPDR Barclays 1-3 Month T-Bill ETF	Government Bonds	13.60%
DBSCX Doubleline Selective Credit Fund	Multisector Bonds	7.20%
ENIAX SEI Institutional Investments Trust Opportunistic Income Fund	Ultrashort Bond	7.20%
FLOT iShares Floating Rate Bond ETF	Corporate Bonds	4%
HICOX Colorado Bond Shares A Tax Exempt Fund	Municipal Bonds	7.20%
IAU iShares Gold Trust	Precious Metals, Gold	10.80%
LCSIX LoCorr Long/Short Commodity Strategies Fund	Systematic Trend	4%
PGTYX Putnam Global Technology Fund	Technology Equities	1.60%
QLEIX AQR Long-Short Equity Fund	Long-Short	1.60%
QQQ Invesco QQQ	Large Cap Blend Equities	10.80%
SVARX Spectrum Low Volatility Fund	Nontraditional Bonds	4%
SWVXX Schwab Value Advantage Money Fund		4%
USFR WisdomTree Bloomberg Floating Rate Treasury Fund	Government Bonds	8%
UUP Invesco DB US Dollar Index Bullish Fund	Currency	2.40%
VMFXX Vanguard Federal Money Market Fund	Money Market	13.60%

Benchmark

Rebalance portfolio

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in BAD, 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 Quarterly

BAD

Benchmark (^GSPC)

Portfolio components

The earliest data available for this chart is Aug 4, 2014, corresponding to the inception date of DBSCX

Returns By Period

As of Dec 4, 2024, the BAD returned 10.64% Year-To-Date and 5.64% of annualized return in the last 10 years.

	YTD	1M	6M	1Y	5Y (annualized)	10Y (annualized)
^GSPC S&P 500	26.84%	5.60%	14.34%	32.39%	14.23%	11.32%
BAD	10.64%	0.87%	5.49%	12.55%	6.80%	5.64%
Portfolio components:
UUP Invesco DB US Dollar Index Bullish Fund	10.82%	2.39%	5.22%	8.89%	4.24%	3.44%
LCSIX LoCorr Long/Short Commodity Strategies Fund	-4.20%	0.11%	-5.08%	-3.57%	4.57%	5.29%
QLEIX AQR Long-Short Equity Fund	29.04%	4.80%	7.72%	27.82%	15.22%	8.63%
HICOX Colorado Bond Shares A Tax Exempt Fund	8.00%	1.30%	5.66%	10.32%	4.01%	4.28%
DBSCX Doubleline Selective Credit Fund	7.65%	0.95%	5.16%	10.50%	2.61%	4.05%
ENIAX SEI Institutional Investments Trust Opportunistic Income Fund	8.03%	0.87%	4.04%	9.29%	4.62%	3.92%
PGTYX Putnam Global Technology Fund	32.79%	5.67%	13.50%	38.41%	14.44%	14.35%
SVARX Spectrum Low Volatility Fund	3.19%	0.87%	3.16%	7.25%	7.33%	6.86%
VMFXX Vanguard Federal Money Market Fund	4.46%	0.00%	2.19%	4.93%	2.32%	1.57%
BIL SPDR Barclays 1-3 Month T-Bill ETF	4.83%	0.38%	2.54%	5.25%	2.28%	1.57%
USFR WisdomTree Bloomberg Floating Rate Treasury Fund	5.00%	0.42%	2.42%	5.31%	2.53%	1.84%
SWVXX Schwab Value Advantage Money Fund	3.90%	0.00%	2.36%	4.61%	2.21%	1.51%
FLOT iShares Floating Rate Bond ETF	6.02%	0.46%	2.87%	6.55%	3.00%	2.35%
IAU iShares Gold Trust	27.82%	-3.35%	13.44%	30.02%	12.12%	8.05%
QQQ Invesco QQQ	26.76%	6.04%	14.10%	34.71%	21.29%	18.17%

Monthly Returns

The table below presents the monthly returns of BAD, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Total
2024	0.66%	1.04%	1.63%	-0.09%	1.39%	1.28%	0.81%	0.73%	1.39%	0.40%	0.76%		10.64%
2023	2.85%	-0.65%	2.22%	0.50%	1.04%	0.93%	1.16%	0.00%	-0.91%	0.58%	2.57%	1.66%	12.54%
2022	-1.17%	0.05%	0.51%	-1.92%	-0.48%	-1.56%	1.65%	-0.95%	-2.18%	0.36%	2.10%	-0.61%	-4.22%
2021	-0.02%	-0.29%	0.28%	1.39%	0.83%	0.16%	0.65%	0.55%	-0.87%	1.20%	0.15%	0.45%	4.55%
2020	1.38%	-0.55%	-2.61%	3.28%	1.74%	1.79%	2.43%	1.50%	-1.08%	-0.49%	1.16%	1.52%	10.39%
2019	1.74%	0.80%	0.67%	0.97%	-0.75%	1.97%	0.53%	0.71%	-0.15%	0.79%	0.34%	1.05%	8.99%
2018	1.70%	-0.43%	-0.22%	0.18%	0.96%	-0.19%	0.27%	0.75%	0.07%	-0.94%	0.13%	-0.56%	1.70%
2017	1.40%	1.10%	0.46%	0.67%	0.65%	-0.37%	0.87%	1.31%	-0.18%	0.71%	0.28%	0.31%	7.43%
2016	-0.07%	1.11%	0.84%	0.27%	0.13%	0.80%	1.53%	-0.03%	0.50%	-0.31%	-0.86%	-0.03%	3.93%
2015	0.99%	0.36%	-0.34%	0.21%	0.65%	-0.56%	0.21%	-0.63%	-0.26%	1.84%	-0.42%	-0.08%	1.97%
2014								0.85%	-0.43%	0.21%	0.73%	-0.20%	1.15%

Expense Ratio

BAD features an expense ratio of 0.36%, falling within the medium range. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.

SVARX

Spectrum Low Volatility Fund

LCSIX

LoCorr Long/Short Commodity Strategies Fund

QLEIX

AQR Long-Short Equity Fund

UUP

Invesco DB US Dollar Index Bullish Fund

PGTYX

Putnam Global Technology Fund

HICOX

Colorado Bond Shares A Tax Exempt Fund

IAU

iShares Gold Trust

ENIAX

SEI Institutional Investments Trust Opportunistic Income Fund

FLOT

iShares Floating Rate Bond ETF

QQQ

Invesco QQQ

USFR

WisdomTree Bloomberg Floating Rate Treasury Fund

BIL

SPDR Barclays 1-3 Month T-Bill ETF

DBSCX

Doubleline Selective Credit Fund

VMFXX

Vanguard Federal Money Market Fund

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of BAD is 96, placing it in the top 4% of portfolios on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.

Overall Rank

Sharpe Ratio Rank

Sortino Ratio Rank

Omega Ratio Rank

Calmar Ratio Rank

Martin Ratio Rank

The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

This table presents a comparison of risk-adjusted performance metrics for positions. Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

BAD

^GSPC

Portfolio components

	Sharpe ratio	Sortino ratio	Omega ratio	Calmar ratio	Martin ratio
UUP Invesco DB US Dollar Index Bullish Fund	1.47	2.20	1.27	1.55	5.54
LCSIX LoCorr Long/Short Commodity Strategies Fund	-1.13	-1.38	0.82	-0.61	-1.73
QLEIX AQR Long-Short Equity Fund	3.73	5.27	1.77	4.80	22.63
HICOX Colorado Bond Shares A Tax Exempt Fund	3.35	5.37	1.90	8.50	23.07
DBSCX Doubleline Selective Credit Fund	3.18	4.83	1.65	3.77	19.62
ENIAX SEI Institutional Investments Trust Opportunistic Income Fund	9.26	29.19	12.27	72.18	417.39
PGTYX Putnam Global Technology Fund	1.77	2.33	1.32	1.60	7.31
SVARX Spectrum Low Volatility Fund	1.54	2.40	1.41	2.57	5.42
VMFXX Vanguard Federal Money Market Fund	3.46	—	—	—	—
BIL SPDR Barclays 1-3 Month T-Bill ETF	19.93	265.97	154.56	470.43	4,329.69
USFR WisdomTree Bloomberg Floating Rate Treasury Fund	15.11	53.84	13.11	88.65	730.04
SWVXX Schwab Value Advantage Money Fund	3.30	—	—	—	—
FLOT iShares Floating Rate Bond ETF	8.00	14.66	4.60	14.49	157.43
IAU iShares Gold Trust	2.01	2.67	1.35	3.67	11.42
QQQ Invesco QQQ	1.92	2.53	1.35	2.46	8.87

The current BAD Sharpe ratio is 3.79. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Compared to the broad market, where average Sharpe ratios range from 1.87 to 2.70, this portfolio's current Sharpe ratio is in the top 25%, it signifies superior risk-adjusted performance. This means that for the level of risk undertaken, the portfolio is generating impressive returns compared to most others.

Use the chart below to compare the Sharpe ratio of BAD with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

BAD

Benchmark (^GSPC)

Portfolio components

Dividends

Dividend yield

BAD provided a 4.13% dividend yield over the last twelve months.

	TTM	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Portfolio	4.13%	4.11%	2.44%	1.39%	1.31%	2.18%	2.52%	1.86%	1.87%	1.79%	1.59%	0.69%
Portfolio components:
UUP Invesco DB US Dollar Index Bullish Fund	5.82%	6.45%	0.89%	0.00%	0.00%	2.03%	1.08%	0.10%	0.00%	0.00%	0.00%	0.00%
LCSIX LoCorr Long/Short Commodity Strategies Fund	1.97%	1.89%	10.75%	7.14%	2.93%	0.54%	12.36%	0.02%	3.20%	7.35%	9.86%	0.00%
QLEIX AQR Long-Short Equity Fund	16.12%	20.80%	10.30%	0.00%	0.00%	0.00%	0.37%	4.04%	1.86%	4.82%	8.00%	6.58%
HICOX Colorado Bond Shares A Tax Exempt Fund	4.54%	4.97%	4.43%	3.84%	4.00%	4.07%	4.03%	4.69%	4.73%	4.13%	4.79%	4.47%
DBSCX Doubleline Selective Credit Fund	6.39%	6.77%	6.68%	4.68%	4.67%	6.05%	7.45%	9.04%	9.75%	9.53%	2.40%	0.00%
ENIAX SEI Institutional Investments Trust Opportunistic Income Fund	7.20%	7.08%	4.07%	2.67%	4.06%	4.32%	3.97%	3.01%	2.76%	2.55%	2.56%	1.69%
PGTYX Putnam Global Technology Fund	0.43%	0.57%	1.71%	0.00%	0.00%	0.58%	0.49%	0.00%	0.83%	0.00%	5.14%	0.00%
SVARX Spectrum Low Volatility Fund	7.00%	3.35%	0.00%	5.70%	0.71%	3.38%	2.41%	4.79%	6.68%	3.02%	2.82%	0.18%
VMFXX Vanguard Federal Money Market Fund	4.80%	4.97%	1.54%	0.01%	0.45%	2.12%	1.61%	0.50%	0.00%	0.00%	0.00%	0.01%
BIL SPDR Barclays 1-3 Month T-Bill ETF	5.07%	4.92%	1.35%	0.00%	0.30%	2.05%	1.66%	0.68%	0.07%	0.00%	0.00%	0.00%
USFR WisdomTree Bloomberg Floating Rate Treasury Fund	5.23%	5.12%	1.78%	0.01%	0.40%	2.08%	1.67%	1.04%	0.29%	0.00%	0.00%	0.00%
SWVXX Schwab Value Advantage Money Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FLOT iShares Floating Rate Bond ETF	5.87%	5.66%	2.06%	0.43%	1.25%	2.78%	2.41%	1.45%	0.97%	0.53%	0.44%	0.48%
IAU iShares Gold 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%
QQQ Invesco QQQ	0.59%	0.62%	0.80%	0.43%	0.55%	0.74%	0.91%	0.84%	1.06%	0.99%	1.41%	1.02%

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.

BAD

Benchmark (^GSPC)

Portfolio components

Worst Drawdowns

The table below displays the maximum drawdowns of the BAD. 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 BAD was 7.13%, occurring on Mar 20, 2020. Recovery took 48 trading sessions.

Depth	Start	To Bottom	Bottom	To Recover	End	Total
-7.13%	Feb 20, 2020	22	Mar 20, 2020	48	May 29, 2020	70
-6.73%	Nov 22, 2021	240	Nov 3, 2022	109	Apr 13, 2023	349
-2.43%	Oct 4, 2018	56	Dec 24, 2018	25	Jan 31, 2019	81
-2.24%	Sep 3, 2020	14	Sep 23, 2020	51	Dec 4, 2020	65
-2.07%	Feb 16, 2021	15	Mar 8, 2021	25	Apr 13, 2021	40

Volatility

Volatility Chart

The current BAD volatility is 0.90%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.

BAD

Benchmark (^GSPC)

Portfolio components

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.

	VMFXX	USFR	SWVXX	LCSIX	BIL	FLOT	IAU	ENIAX	QLEIX	DBSCX	UUP	HICOX	SVARX	QQQ	PGTYX
VMFXX	1.00	0.05	0.06	-0.03	0.04	0.03	-0.02	0.02	-0.05	0.03	0.00	0.05	0.03	-0.01	-0.02
USFR	0.05	1.00	0.01	0.01	0.17	0.04	0.01	0.05	0.00	-0.00	0.04	-0.01	0.03	0.02	0.02
SWVXX	0.06	0.01	1.00	-0.03	0.04	0.02	0.00	0.01	0.02	0.01	-0.03	0.24	-0.00	0.02	0.01
LCSIX	-0.03	0.01	-0.03	1.00	-0.02	-0.03	0.09	0.00	-0.01	0.11	-0.04	0.07	-0.02	-0.04	-0.04
BIL	0.04	0.17	0.04	-0.02	1.00	0.11	0.04	0.05	0.01	0.02	0.01	0.04	0.02	-0.00	0.01
FLOT	0.03	0.04	0.02	-0.03	0.11	1.00	0.04	0.11	0.06	0.03	-0.04	0.02	0.09	0.10	0.10
IAU	-0.02	0.01	0.00	0.09	0.04	0.04	1.00	0.04	-0.03	0.21	-0.48	0.18	0.15	0.01	0.02
ENIAX	0.02	0.05	0.01	0.00	0.05	0.11	0.04	1.00	0.12	0.21	-0.08	0.11	0.27	0.14	0.15
QLEIX	-0.05	0.00	0.02	-0.01	0.01	0.06	-0.03	0.12	1.00	-0.11	-0.07	-0.09	0.15	0.39	0.36
DBSCX	0.03	-0.00	0.01	0.11	0.02	0.03	0.21	0.21	-0.11	1.00	-0.18	0.33	0.22	0.03	0.01
UUP	0.00	0.04	-0.03	-0.04	0.01	-0.04	-0.48	-0.08	-0.07	-0.18	1.00	-0.13	-0.20	-0.11	-0.13
HICOX	0.05	-0.01	0.24	0.07	0.04	0.02	0.18	0.11	-0.09	0.33	-0.13	1.00	0.23	0.05	0.05
SVARX	0.03	0.03	-0.00	-0.02	0.02	0.09	0.15	0.27	0.15	0.22	-0.20	0.23	1.00	0.36	0.36
QQQ	-0.01	0.02	0.02	-0.04	-0.00	0.10	0.01	0.14	0.39	0.03	-0.11	0.05	0.36	1.00	0.92
PGTYX	-0.02	0.02	0.01	-0.04	0.01	0.10	0.02	0.15	0.36	0.01	-0.13	0.05	0.36	0.92	1.00

The correlation results are calculated based on daily price changes starting from Aug 5, 2014

Performance Analysis

Risk Analysis

Optimization

Factor Model

BAD

Asset Allocation

Performance

Performance Chart

Returns By Period

Monthly Returns

Expense Ratio

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

Risk-Adjusted Performance Indicators

Dividends

Dividend yield

Drawdowns

Drawdowns Chart

Worst Drawdowns

Volatility

Volatility Chart

Diversification

Asset Correlations Table

Performance Analysis

Risk Analysis

Optimization

Factor Model

Portfolios

Screeners

Community