Unleveraged TQQQ
Specification
Policy
| Rebalancing Interval | Quarterly |
|---|---|
| Weights Algorithm | Constant Weights |
Assets
Benchmark
| Invesco QQQ Trust Series 1 (QQQ) |
Description
Testing how the leveraged version of QQQ performs once adjusted down to the same notional level of exposure to the underlying.
Policy Report
Backtest Report
From to (14y 2m 13d)
Returns (annualized)
| Portfolio | 18.07% |
|---|---|
| Benchmark | 18.47% |
Risk (annualized)
| Portfolio | 19.67% |
|---|---|
| Benchmark | 20.51% |
Sharpe (annualized)
| Portfolio | 0.89 |
|---|---|
| Benchmark | 0.88 |
Excess Return (annualized)
| -0.39% |
Tracking Error (annualized)
| 4.60% |
Risk Free Rate (annualized)
| 1.04% |
Growth Charts
Historical Weights
Return Distribution
Excess Kurtosis
| 3.45 |
Skew
| -0.46 |
Data Table
| Factor | Portfolio | Benchmark |
|---|---|---|
| Style Factor | -0.5031 | -0.5031 |
| Size Factor | -0.0225 | -0.0225 |
| Market Factor | 1.0020 | 1.0020 |
| U.S. Tilt (Non U.S.) | 0.4798 | 0.4798 |
Adjusted R2
| Portfolio | 0.93 |
|---|---|
| Benchmark | 0.93 |
Intercept
| Portfolio | 0.00 |
|---|---|
| Benchmark | 0.00 |