Flat Growth Test
Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
DIA SPDR Dow Jones Industrial Average ETF | Large Cap Growth Equities | 8.78% |
DOG ProShares Short Dow30 | Inverse Equities | 7.07% |
PSQ ProShares Short QQQ | Inverse Equities | 32.36% |
QQQ Invesco QQQ | Large Cap Blend Equities | 30.07% |
SH ProShares Short S&P500 | Inverse Equities | 9.64% |
SPY SPDR S&P 500 ETF | Large Cap Growth Equities | 10.89% |
VIXM ProShares VIX Mid-Term Futures ETF | Volatility | 1.20% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Flat Growth Test, 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.
The earliest data available for this chart is Jan 4, 2011, corresponding to the inception date of VIXM
Returns By Period
As of Apr 7, 2025, the Flat Growth Test returned 1.35% Year-To-Date and 0.92% of annualized return in the last 10 years.
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | -13.73% | -12.06% | -11.77% | -2.50% | 13.85% | 9.30% |
| Flat Growth Test | -15.50% | -12.93% | -11.96% | -2.59% | 15.37% | 11.92% |
| Portfolio components: | ||||||
SPY SPDR S&P 500 ETF | -13.53% | -12.00% | -11.25% | -1.30% | 15.50% | 11.17% |
SH ProShares Short S&P500 | 16.57% | 13.31% | 15.42% | 8.03% | -12.38% | -10.39% |
QQQ Invesco QQQ | -17.20% | -13.93% | -13.00% | -3.45% | 17.38% | 15.64% |
PSQ ProShares Short QQQ | 20.79% | 15.42% | 16.45% | 7.91% | -16.06% | -15.54% |
DIA SPDR Dow Jones Industrial Average ETF | -9.60% | -10.35% | -8.80% | 0.15% | 13.20% | 10.16% |
DOG ProShares Short Dow30 | 11.87% | 11.49% | 12.69% | 6.99% | -10.16% | -9.52% |
VIXM ProShares VIX Mid-Term Futures ETF | 27.66% | 16.76% | 19.56% | 13.32% | -14.20% | -11.05% |
Monthly Returns
The table below presents the monthly returns of Flat Growth Test, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 2.45% | -2.30% | -6.75% | -9.46% | -15.50% | ||||||||
| 2024 | 1.68% | 4.83% | 1.64% | -4.25% | 5.46% | 5.34% | -0.62% | 1.35% | 2.42% | -0.88% | 5.58% | -0.57% | 23.71% |
| 2023 | 8.37% | -1.12% | 7.26% | 0.90% | 5.15% | 5.91% | 3.61% | -1.50% | -4.67% | -1.91% | 9.98% | 5.19% | 42.58% |
| 2022 | -7.39% | -3.95% | 4.09% | -11.43% | -1.04% | -8.12% | 10.68% | -4.58% | -9.58% | 5.52% | 5.29% | -7.42% | -26.75% |
| 2021 | -0.16% | 0.63% | 2.55% | 5.17% | -0.52% | 4.68% | 2.52% | 3.58% | -5.17% | 7.22% | 0.95% | 2.03% | 25.49% |
| 2020 | 1.75% | -6.12% | -8.24% | 12.22% | 5.45% | 4.54% | 6.02% | 9.26% | -4.69% | -2.92% | 10.46% | 4.28% | 33.89% |
| 2019 | 7.02% | 2.69% | 2.54% | 4.17% | -6.57% | 6.34% | 1.76% | -1.56% | 1.11% | 3.00% | 3.50% | 3.04% | 29.76% |
| 2018 | 6.35% | -1.82% | -3.12% | 0.36% | 3.69% | 0.70% | 2.73% | 4.13% | 0.17% | -6.67% | 0.34% | -7.25% | -1.34% |
| 2017 | 2.66% | 3.22% | 0.94% | 1.66% | 2.27% | -0.93% | 2.68% | 1.20% | 0.38% | 3.31% | 2.02% | 0.77% | 22.05% |
| 2016 | -4.15% | -0.65% | 4.23% | -1.27% | 2.03% | -0.89% | 3.82% | 0.51% | 0.93% | -1.00% | 1.26% | 1.14% | 5.83% |
| 2015 | -1.54% | 4.00% | -1.39% | 0.90% | 1.16% | -1.53% | 2.18% | -4.30% | -1.40% | 6.31% | 0.36% | -1.13% | 3.23% |
| 2014 | -1.43% | 2.28% | -0.74% | -0.04% | 1.69% | 1.30% | 0.06% | 2.51% | -0.49% | 1.35% | 2.30% | -0.95% | 8.03% |
Expense Ratio
Flat Growth Test has an expense ratio of 0.56%, 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.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 99, Flat Growth Test is among the top 1% of portfolios on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
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.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|
SPY SPDR S&P 500 ETF | -0.09 | -0.02 | 1.00 | -0.09 | -0.45 |
SH ProShares Short S&P500 | 0.52 | 1.02 | 1.11 | 0.09 | 0.83 |
QQQ Invesco QQQ | -0.18 | -0.10 | 0.99 | -0.18 | -0.70 |
PSQ ProShares Short QQQ | 0.39 | 0.80 | 1.09 | 0.09 | 0.64 |
DIA SPDR Dow Jones Industrial Average ETF | -0.03 | 0.05 | 1.01 | -0.03 | -0.15 |
DOG ProShares Short Dow30 | 0.54 | 0.97 | 1.11 | 0.09 | 1.08 |
VIXM ProShares VIX Mid-Term Futures ETF | 0.37 | 0.93 | 1.13 | 0.16 | 0.71 |
Dividends
Dividend yield
Flat Growth Test provided a 3.11% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 3.11% | 3.75% | 3.28% | 0.76% | 0.40% | 0.62% | 1.44% | 1.16% | 0.63% | 0.74% | 0.73% | 0.80% |
| Portfolio components: | ||||||||||||
SPY SPDR S&P 500 ETF | 1.42% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
SH ProShares Short S&P500 | 4.83% | 6.20% | 5.37% | 0.32% | 0.00% | 0.16% | 1.76% | 1.01% | 0.06% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.71% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
PSQ ProShares Short QQQ | 5.52% | 7.15% | 6.01% | 0.35% | 0.00% | 0.31% | 1.75% | 0.94% | 0.02% | 0.00% | 0.00% | 0.00% |
DIA SPDR Dow Jones Industrial Average ETF | 1.75% | 1.61% | 1.81% | 1.91% | 1.58% | 1.87% | 2.09% | 2.24% | 1.97% | 2.26% | 2.33% | 2.02% |
DOG ProShares Short Dow30 | 4.69% | 5.72% | 4.54% | 0.41% | 0.00% | 0.14% | 1.54% | 0.86% | 0.03% | 0.00% | 0.00% | 0.00% |
VIXM ProShares VIX Mid-Term Futures ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Flat Growth Test. 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 Flat Growth Test was 30.43%, occurring on Oct 14, 2022. Recovery took 291 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -30.43% | Dec 28, 2021 | 202 | Oct 14, 2022 | 291 | Dec 12, 2023 | 493 |
| -26.88% | Feb 20, 2020 | 23 | Mar 23, 2020 | 54 | Jun 9, 2020 | 77 |
| -19.7% | Feb 20, 2025 | 32 | Apr 4, 2025 | — | — | — |
| -18.08% | Oct 2, 2018 | 58 | Dec 24, 2018 | 75 | Apr 12, 2019 | 133 |
| -11.32% | Jul 11, 2024 | 20 | Aug 7, 2024 | 46 | Oct 11, 2024 | 66 |
Volatility
Volatility Chart
The current Flat Growth Test volatility is 9.94%, 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.
Diversification
Asset Correlations Table
| VIXM | PSQ | QQQ | DOG | DIA | SH | SPY | |
|---|---|---|---|---|---|---|---|
| VIXM | 1.00 | 0.68 | -0.68 | 0.69 | -0.69 | 0.74 | -0.74 |
| PSQ | 0.68 | 1.00 | -1.00 | 0.75 | -0.75 | 0.90 | -0.90 |
| QQQ | -0.68 | -1.00 | 1.00 | -0.75 | 0.75 | -0.90 | 0.90 |
| DOG | 0.69 | 0.75 | -0.75 | 1.00 | -1.00 | 0.92 | -0.92 |
| DIA | -0.69 | -0.75 | 0.75 | -1.00 | 1.00 | -0.92 | 0.92 |
| SH | 0.74 | 0.90 | -0.90 | 0.92 | -0.92 | 1.00 | -1.00 |
| SPY | -0.74 | -0.90 | 0.90 | -0.92 | 0.92 | -1.00 | 1.00 |