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bitcoin long mining and related companies
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Diversification

Asset Allocation


MARA 16.67%DAPP 16.67%MSTR 16.67%COIN 16.67%SQ 16.67%PYPL 16.67%EquityEquity
PositionCategory/SectorWeight
COIN
Coinbase Global, Inc.
Technology

16.67%

DAPP
VanEck Digital Transformation ETF
Technology Equities, Blockchain

16.67%

MARA
Marathon Digital Holdings, Inc.
Financial Services

16.67%

MSTR
MicroStrategy Incorporated
Technology

16.67%

PYPL
PayPal Holdings, Inc.
Financial Services

16.67%

SQ
Square, Inc.
Technology

16.67%

S&P 500

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in bitcoin long mining and related companies, 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


0.00%50.00%100.00%150.00%NovemberDecember2024FebruaryMarchApril
132.25%
19.37%
bitcoin long mining and related companies
Benchmark (^GSPC)
Portfolio components

The earliest data available for this chart is Apr 14, 2021, corresponding to the inception date of DAPP

Returns By Period


Year-To-Date1 month6 months1 year5 years (annualized)10 years (annualized)
^GSPC
S&P 500
6.30%-3.13%19.37%22.56%11.65%10.55%
bitcoin long mining and related companies28.73%-3.12%132.24%160.61%N/AN/A
MARA
Marathon Digital Holdings, Inc.
-17.24%-6.85%99.18%118.67%45.64%-9.93%
DAPP
VanEck Digital Transformation ETF
0.39%-4.44%75.21%109.76%N/AN/A
MSTR
MicroStrategy Incorporated
111.94%-12.11%215.07%369.16%55.50%27.25%
COIN
Coinbase Global, Inc.
35.94%-7.47%188.08%331.84%N/AN/A
SQ
Square, Inc.
-2.77%-6.88%65.84%16.60%0.70%N/A
PYPL
PayPal Holdings, Inc.
4.92%-0.52%18.79%-13.27%-10.20%N/A

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2024-18.43%40.50%27.50%
2023-14.64%2.89%33.74%43.37%

Expense Ratio

The bitcoin long mining and related companies has an expense ratio of 0.08% which is considered to be low. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.


Expense ratio chart for DAPP: current value at 0.50% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.50%

Risk-Adjusted Performance

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.


bitcoin long mining and related companies
Sharpe ratio
The chart of Sharpe ratio for bitcoin long mining and related companies, currently valued at 2.62, compared to the broader market-1.000.001.002.003.004.005.002.62
Sortino ratio
The chart of Sortino ratio for bitcoin long mining and related companies, currently valued at 3.17, compared to the broader market0.002.004.006.003.17
Omega ratio
The chart of Omega ratio for bitcoin long mining and related companies, currently valued at 1.36, compared to the broader market0.801.001.201.401.601.801.36
Calmar ratio
The chart of Calmar ratio for bitcoin long mining and related companies, currently valued at 2.05, compared to the broader market0.002.004.006.008.002.05
Martin ratio
The chart of Martin ratio for bitcoin long mining and related companies, currently valued at 7.80, compared to the broader market0.0010.0020.0030.0040.0050.007.80
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 1.92, compared to the broader market-1.000.001.002.003.004.005.001.92
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 2.78, compared to the broader market0.002.004.006.002.78
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.33, compared to the broader market0.801.001.201.401.601.801.33
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.47, compared to the broader market0.002.004.006.008.001.47
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 7.64, compared to the broader market0.0010.0020.0030.0040.0050.007.64

Portfolio components
Sharpe ratioSortino ratioOmega ratioCalmar ratioMartin ratio
MARA
Marathon Digital Holdings, Inc.
1.072.031.241.303.42
DAPP
VanEck Digital Transformation ETF
1.432.201.251.233.91
MSTR
MicroStrategy Incorporated
4.093.721.475.2620.96
COIN
Coinbase Global, Inc.
3.793.811.443.4815.47
SQ
Square, Inc.
0.370.871.100.210.81
PYPL
PayPal Holdings, Inc.
-0.34-0.210.97-0.16-0.69

Sharpe Ratio

The current bitcoin long mining and related companies Sharpe ratio is 2.62. A Sharpe ratio higher than 2.0 is considered very good.

-1.000.001.002.003.004.005.002.62

The Sharpe ratio of bitcoin long mining and related companies 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.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00NovemberDecember2024FebruaryMarchApril
2.62
1.92
bitcoin long mining and related companies
Benchmark (^GSPC)
Portfolio components

Dividends

Dividend yield

bitcoin long mining and related companies granted a 0.00% dividend yield in the last twelve months.


TTM202320222021
bitcoin long mining and related companies0.00%0.00%0.00%1.69%
MARA
Marathon Digital Holdings, Inc.
0.00%0.00%0.00%0.00%
DAPP
VanEck Digital Transformation ETF
0.00%0.00%0.00%10.13%
MSTR
MicroStrategy Incorporated
0.00%0.00%0.00%0.00%
COIN
Coinbase Global, Inc.
0.00%0.00%0.00%0.00%
SQ
Square, Inc.
0.00%0.00%0.00%0.00%
PYPL
PayPal Holdings, Inc.
0.00%0.00%0.00%0.00%

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-80.00%-60.00%-40.00%-20.00%0.00%NovemberDecember2024FebruaryMarchApril
-34.37%
-3.50%
bitcoin long mining and related companies
Benchmark (^GSPC)
Portfolio components

Worst Drawdowns

The table below displays the maximum drawdowns of the bitcoin long mining and related companies. 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 bitcoin long mining and related companies was 85.73%, occurring on Dec 28, 2022. The portfolio has not yet recovered.

The current bitcoin long mining and related companies drawdown is 34.37%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-85.73%Nov 9, 2021286Dec 28, 2022
-30.27%Apr 15, 202127May 21, 2021103Oct 18, 2021130
-5.27%Oct 26, 20212Oct 27, 20213Nov 1, 20215
-5.24%Oct 21, 20212Oct 22, 20211Oct 25, 20213
-2.21%Nov 4, 20212Nov 5, 20211Nov 8, 20213

Volatility

Volatility Chart

The current bitcoin long mining and related companies volatility is 17.09%, 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.


0.00%5.00%10.00%15.00%20.00%25.00%NovemberDecember2024FebruaryMarchApril
17.09%
3.58%
bitcoin long mining and related companies
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.

PYPLSQMARAMSTRCOINDAPP
PYPL1.000.710.450.460.510.54
SQ0.711.000.530.560.590.63
MARA0.450.531.000.760.730.89
MSTR0.460.560.761.000.750.85
COIN0.510.590.730.751.000.83
DAPP0.540.630.890.850.831.00