P001 - JAM-Best_001 C (AVEC Bitcoin)

Asset Allocation

Position	Category/Sector	Target Weight
AIRR First Trust RBA American Industrial Renaissance ETF	Building & Construction	4%
BTC-USD Bitcoin		5%
EPI WisdomTree India Earnings Fund	Asia Pacific Equities	2.50%
FEZ SPDR EURO STOXX 50 ETF	Europe Equities	8%
HEWJ iShares Currency Hedged MSCI Japan ETF	Japan Equities	3%
IEFA iShares Core MSCI EAFE ETF	Foreign Large Cap Equities	8%
INDA iShares MSCI India ETF	Asia Pacific Equities	2.50%
IVLU iShares MSCI Intl Value Factor ETF	Foreign Large Cap Equities	8%
IXN iShares Global Tech ETF	Technology Equities	5%
IYW iShares U.S. Technology ETF	Technology Equities	5%
LVHI Legg Mason International Low Volatility High Dividend ETF	Volatility Hedged Equity, Dividend	5%
QQQ Invesco QQQ ETF	Large Cap Growth Equities	5%
SPMO Invesco S&P 500 Momentum ETF	Momentum, S&P 500	10%
XIU.TO iShares S&P/TSX 60 Index ETF	Large Cap Growth Equities	7%
XLK State Street Technology Select Sector SPDR ETF	Technology Equities	5%
ZLB.TO BMO Low Volatility Canadian Equity ETF	Canada Equities	7%
ZSP.TO BMO S&P 500 Index ETF	S&P 500	10%

Benchmark Against

Benchmark

S&P 500 Index

Rebalance

Performance

Performance Chart

The chart shows the growth of an initial investment of CA$10,000 in P001 - JAM-Best_001 C (AVEC Bitcoin), 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.

Loading graphics...

The earliest data available for this chart is Jul 28, 2016, corresponding to the inception date of LVHI

Returns By Period

	1D	1M	YTD	6M	1Y	3Y*	5Y*	10Y*
Benchmark S&P 500 Index	0.44%	0.25%	-2.46%	-2.17%	26.93%	18.24%	12.68%	12.98%
Portfolio P001 - JAM-Best_001 C (AVEC Bitcoin)	0.13%	1.61%	0.03%	-0.29%	32.65%	23.94%	16.15%	—
Portfolio components:
ZSP.TO BMO S&P 500 Index ETF	0.38%	0.18%	-2.30%	-2.08%	27.74%	19.45%	13.90%	14.50%
SPMO Invesco S&P 500 Momentum ETF	0.53%	-0.11%	-2.19%	-4.13%	37.58%	29.89%	20.18%	18.16%
IXN iShares Global Tech ETF	0.29%	0.90%	-1.82%	-2.35%	49.50%	25.56%	17.41%	21.58%
XLK State Street Technology Select Sector SPDR ETF	1.13%	1.80%	-4.07%	-4.39%	46.74%	24.02%	18.27%	21.90%
AIRR First Trust RBA American Industrial Renaissance ETF	0.07%	4.99%	16.51%	16.17%	76.79%	34.93%	25.24%	21.49%
IVLU iShares MSCI Intl Value Factor ETF	-0.22%	3.94%	6.95%	13.33%	48.51%	23.66%	16.42%	11.39%
FEZ SPDR EURO STOXX 50 ETF	-0.62%	1.77%	-1.48%	-0.84%	25.12%	16.00%	12.14%	10.45%
INDA iShares MSCI India ETF	0.19%	-4.21%	-12.46%	-11.23%	-7.21%	7.29%	5.59%	7.52%
XIU.TO iShares S&P/TSX 60 Index ETF	0.52%	0.72%	4.07%	8.23%	41.17%	19.86%	14.46%	12.71%
IEFA iShares Core MSCI EAFE ETF	-0.22%	2.13%	3.64%	4.68%	33.41%	15.91%	10.27%	9.64%

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

Monthly Returns

Based on dividend-adjusted daily data since Jul 29, 2016, P001 - JAM-Best_001 C (AVEC Bitcoin)'s average daily return is +0.06%, while the average monthly return is +1.77%. At this rate, your investment would double in approximately 3.3 years.

Historically, 69% of months were positive and 31% were negative. The best month was Oct 2017 with a return of +15.8%, while the worst month was Mar 2020 at -11.0%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 3 months.

On a daily basis, P001 - JAM-Best_001 C (AVEC Bitcoin) closed higher 45% of trading days. The best single day was Dec 7, 2017 with a return of +9.9%, while the worst single day was Mar 12, 2020 at -11.6%.

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Total
2026	1.19%	1.50%	-3.85%	1.29%									0.03%
2025	4.04%	-1.44%	-2.93%	-1.20%	6.31%	3.46%	3.18%	1.27%	5.08%	2.81%	-0.71%	-0.87%	20.18%
2024	2.82%	8.06%	3.70%	-2.77%	4.81%	1.73%	2.36%	-0.83%	2.34%	1.42%	6.55%	0.24%	34.42%
2023	7.10%	0.67%	4.13%	2.20%	-0.34%	3.89%	1.72%	-0.41%	-2.65%	1.93%	6.88%	3.35%	31.90%
2022	-3.83%	-2.65%	1.39%	-5.19%	-1.33%	-7.75%	6.82%	-1.96%	-3.67%	6.06%	5.50%	-3.66%	-10.91%
2021	0.56%	4.51%	4.32%	0.78%	-2.69%	3.91%	3.27%	4.44%	-3.42%	5.17%	0.59%	0.97%	24.30%

Benchmark Metrics

P001 - JAM-Best_001 C (AVEC Bitcoin) has an annualized alpha of 9.83%, beta of 0.88, and R² of 0.76 versus S&P 500 Index. Calculated based on daily prices since July 29, 2016.

This portfolio captured 117.25% of S&P 500 Index gains but only 69.67% of its losses — a favorable profile for investors.
This portfolio generated an annualized alpha of 9.83% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
With beta of 0.88 and R² of 0.76, this portfolio moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

Alpha: 9.83%

Beta: 0.88

R²: 0.76

Upside Capture: 117.25%

Downside Capture: 69.67%

Expense Ratio

P001 - JAM-Best_001 C (AVEC Bitcoin) has an expense ratio of 0.27%, 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

EPI

WisdomTree India Earnings Fund

AIRR

First Trust RBA American Industrial Renaissance ETF

INDA

iShares MSCI India ETF

HEWJ

iShares Currency Hedged MSCI Japan ETF

IXN

iShares Global Tech ETF

IYW

iShares U.S. Technology ETF

LVHI

Legg Mason International Low Volatility High Dividend ETF

ZLB.TO

BMO Low Volatility Canadian Equity ETF

IVLU

iShares MSCI Intl Value Factor ETF

FEZ

SPDR EURO STOXX 50 ETF

Return for Risk

Risk / Return Rank

P001 - JAM-Best_001 C (AVEC Bitcoin) ranks 54 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	2.13	0.75	+1.38
Sortino ratio Return per unit of downside risk	3.14	1.13	+2.01
Omega ratio Gain probability vs. loss probability	1.43	1.18	+0.25
Calmar ratio Return relative to maximum drawdown	1.33	1.15	+0.18
Martin ratio Return relative to average drawdown	4.22	4.19	+0.03
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
ZSP.TO BMO S&P 500 Index ETF	36	0.74	1.12	1.18	1.17	4.31
SPMO Invesco S&P 500 Momentum ETF	47	0.91	1.37	1.20	1.63	4.85
IXN iShares Global Tech ETF	61	1.16	1.69	1.24	2.19	6.09
XLK State Street Technology Select Sector SPDR ETF	52	1.04	1.54	1.22	1.74	4.83
AIRR First Trust RBA American Industrial Renaissance ETF	91	2.03	2.67	1.35	4.98	15.48
IVLU iShares MSCI Intl Value Factor ETF	87	2.07	2.68	1.40	2.92	11.11
FEZ SPDR EURO STOXX 50 ETF	35	0.77	1.18	1.16	1.10	3.89
INDA iShares MSCI India ETF	2	-0.76	-1.03	0.88	-0.61	-1.87
XIU.TO iShares S&P/TSX 60 Index ETF	89	2.07	2.68	1.42	2.89	14.03
IEFA iShares Core MSCI EAFE ETF	67	1.35	1.88	1.28	1.94	7.40

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.

P001 - JAM-Best_001 C (AVEC Bitcoin) Sharpe ratios as of Apr 4, 2026 (values are recalculated daily):

1-Year: 2.13
5-Year: 1.17
All Time: 1.35

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 0.99 to 1.69, this portfolio's current Sharpe ratio is in the top 25%. This signifies superior risk-adjusted performance, meaning the portfolio is delivering strong returns for the level of risk taken compared to most others.

The chart below shows the rolling Sharpe ratio of P001 - JAM-Best_001 C (AVEC Bitcoin) compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.

Loading graphics...

Dividends

Dividend yield

P001 - JAM-Best_001 C (AVEC Bitcoin) provided a 1.74% dividend yield over the last twelve months.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Portfolio	1.74%	1.78%	1.77%	2.15%	3.58%	1.81%	1.56%	2.06%	2.32%	1.68%	1.96%	1.52%
Portfolio components:
ZSP.TO BMO S&P 500 Index ETF	0.86%	0.82%	0.94%	1.33%	1.44%	1.15%	1.44%	1.47%	1.63%	1.63%	2.20%	1.53%
SPMO Invesco S&P 500 Momentum ETF	0.88%	0.73%	0.48%	1.63%	1.66%	0.52%	1.27%	1.39%	1.05%	0.77%	1.94%	0.36%
IXN iShares Global Tech ETF	1.08%	1.04%	0.43%	0.55%	0.81%	0.58%	0.63%	1.06%	0.94%	0.93%	1.03%	1.12%
XLK State Street Technology Select Sector SPDR ETF	0.56%	0.54%	0.66%	0.76%	1.04%	0.65%	0.92%	1.16%	1.60%	1.37%	1.74%	1.79%
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%
IVLU iShares MSCI Intl Value Factor ETF	3.52%	3.71%	4.46%	4.69%	3.59%	3.47%	2.05%	3.53%	2.82%	2.87%	2.53%	0.93%
FEZ SPDR EURO STOXX 50 ETF	2.78%	2.78%	2.94%	2.75%	3.06%	2.61%	2.13%	2.61%	3.45%	2.44%	3.35%	3.03%
INDA iShares MSCI India ETF	0.00%	0.00%	0.76%	0.16%	0.00%	6.44%	0.27%	0.99%	0.94%	1.09%	0.90%	1.19%
XIU.TO iShares S&P/TSX 60 Index ETF	2.32%	2.39%	2.92%	3.16%	3.02%	2.43%	3.03%	2.87%	3.18%	2.58%	2.65%	3.19%
IEFA iShares Core MSCI EAFE ETF	3.48%	3.55%	3.47%	3.20%	2.70%	3.32%	1.90%	3.18%	3.46%	2.57%	2.96%	2.63%

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 graphics...

Worst Drawdowns

The table below displays the maximum drawdowns of the P001 - JAM-Best_001 C (AVEC Bitcoin). 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 P001 - JAM-Best_001 C (AVEC Bitcoin) was 28.90%, occurring on Mar 16, 2020. Recovery took 143 trading sessions.

The current P001 - JAM-Best_001 C (AVEC Bitcoin) drawdown is 4.11%.

Depth	Start	To Bottom	Bottom	To Recover	End	Total
-28.9%	Feb 13, 2020	33	Mar 16, 2020	143	Aug 6, 2020	176
-20.83%	Dec 19, 2017	372	Dec 25, 2018	177	Jun 20, 2019	549
-20.6%	Nov 15, 2021	214	Jun 16, 2022	316	Apr 28, 2023	530
-15.25%	Jan 31, 2025	68	Apr 8, 2025	36	May 14, 2025	104
-8.83%	Jul 17, 2024	22	Aug 7, 2024	50	Sep 26, 2024	72

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.

Loading graphics...

Diversification

Diversification Metrics

Number of Effective Assets

The portfolio contains 17 assets, with an effective number of assets of 14.76, 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	BTC-USD	EPI	INDA	LVHI	ZLB.TO	AIRR	HEWJ	XIU.TO	IVLU	SPMO	FEZ	IYW	IEFA	QQQ	XLK	IXN	ZSP.TO	Portfolio
Benchmark	1.00	0.19	0.43	0.44	0.51	0.52	0.67	0.63	0.61	0.62	0.81	0.67	0.88	0.72	0.90	0.89	0.88	0.95	0.86
BTC-USD	0.19	1.00	0.09	0.08	0.07	0.07	0.13	0.09	0.13	0.13	0.16	0.17	0.17	0.16	0.18	0.17	0.17	0.17	0.50
EPI	0.43	0.09	1.00	0.94	0.27	0.26	0.27	0.34	0.30	0.40	0.32	0.40	0.35	0.45	0.36	0.34	0.37	0.37	0.42
INDA	0.44	0.08	0.94	1.00	0.27	0.26	0.27	0.35	0.30	0.39	0.33	0.40	0.36	0.45	0.37	0.35	0.38	0.38	0.43
LVHI	0.51	0.07	0.27	0.27	1.00	0.37	0.37	0.53	0.37	0.58	0.36	0.50	0.32	0.55	0.34	0.34	0.34	0.43	0.46
ZLB.TO	0.52	0.07	0.26	0.26	0.37	1.00	0.39	0.31	0.69	0.45	0.37	0.46	0.35	0.51	0.36	0.37	0.38	0.49	0.48
AIRR	0.67	0.13	0.27	0.27	0.37	0.39	1.00	0.46	0.53	0.51	0.46	0.50	0.44	0.53	0.45	0.46	0.46	0.59	0.56
HEWJ	0.63	0.09	0.34	0.35	0.53	0.31	0.46	1.00	0.42	0.64	0.46	0.50	0.49	0.62	0.50	0.50	0.52	0.55	0.56
XIU.TO	0.61	0.13	0.30	0.30	0.37	0.69	0.53	0.42	1.00	0.58	0.44	0.55	0.45	0.61	0.46	0.47	0.48	0.59	0.60
IVLU	0.62	0.13	0.40	0.39	0.58	0.45	0.51	0.64	0.58	1.00	0.43	0.77	0.44	0.86	0.45	0.45	0.48	0.53	0.63
SPMO	0.81	0.16	0.32	0.33	0.36	0.37	0.46	0.46	0.44	0.43	1.00	0.48	0.73	0.52	0.74	0.74	0.73	0.73	0.68
FEZ	0.67	0.17	0.40	0.40	0.50	0.46	0.50	0.50	0.55	0.77	0.48	1.00	0.54	0.87	0.54	0.55	0.59	0.58	0.68
IYW	0.88	0.17	0.35	0.36	0.32	0.35	0.44	0.49	0.45	0.44	0.73	0.54	1.00	0.57	0.95	0.97	0.95	0.78	0.74
IEFA	0.72	0.16	0.45	0.45	0.55	0.51	0.53	0.62	0.61	0.86	0.52	0.87	0.57	1.00	0.58	0.59	0.62	0.63	0.73
QQQ	0.90	0.18	0.36	0.37	0.34	0.36	0.45	0.50	0.46	0.45	0.74	0.54	0.95	0.58	1.00	0.93	0.92	0.81	0.75
XLK	0.89	0.17	0.34	0.35	0.34	0.37	0.46	0.50	0.47	0.45	0.74	0.55	0.97	0.59	0.93	1.00	0.96	0.80	0.75
IXN	0.88	0.17	0.37	0.38	0.34	0.38	0.46	0.52	0.48	0.48	0.73	0.59	0.95	0.62	0.92	0.96	1.00	0.78	0.76
ZSP.TO	0.95	0.17	0.37	0.38	0.43	0.49	0.59	0.55	0.59	0.53	0.73	0.58	0.78	0.63	0.81	0.80	0.78	1.00	0.78
Portfolio	0.86	0.50	0.42	0.43	0.46	0.48	0.56	0.56	0.60	0.63	0.68	0.68	0.74	0.73	0.75	0.75	0.76	0.78	1.00

The correlation results are calculated based on daily price changes starting from Jul 29, 2016

P001 - JAM-Best_001 C (AVEC Bitcoin)

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