Accumulator's Inflation-Hedged Portfolio

Portfolio Specification

Assets

DIREXION DAILY S&P 500(R) BULL 3X SHARES (SPXL)	9.00%
ProShares UltraPro MidCap400 3x Shares (UMDD)	3.00%
DIREXION DAILY SMALL CAP BULL 3X SHARES (TNA)	3.00%
DIREXION DAILY FTSE EUROPE BULL 3X SHARES (EURL)	11.00%
Direxion Daily Emerging Markets Bull 3X Shares (EDC)	3.00%
DIREXION DAILY 20+ YEAR TREASURY BULL 3X SHARES (TMF)	15.00%
INVESCO OPTIMUM YIELD DIVERSIFIED COMMODITY STRATEGY NO K-1 ETF (PDBC)	24.00%
ProShares Ultra Gold 2x Shares (UGL)	4.00%
AQR MANAGED FUTURES STRATEGY HV FUND CLASS I (QMHIX)	28.00%

Policy

Rebalancing Interval	Quarterly
Weights Algorithm	Constant Weights

Benchmark

SPDR(R) PORTFOLIO MSCI GLOBAL STOCK MARKET ETF (SPGM)

This portfolio is listed on the Community Portfolios page.

Portfolio Description

Most truly diversified portfolios have lower expected returns because they allocate away from higher-risk/higher-return assets to make room for uncorrelated assets. This portfolio utilizes leverage to reach higher expected returns while maintaining exposure to bonds, commodities, and managed futures. Objectives:

Maintain a global equity beta of ~1.00
Neutralize exposure to inflation shocks
Maximize the utility function of an investor with a risk aversion coefficient of 1

Policy Report

Backtest Report

From 2014-11-10 to 2026-02-12 (11y 3m 2d)

Returns (annualized)

Portfolio	10.16%
Benchmark	10.81%

Risk (annualized)

Portfolio	16.86%
Benchmark	17.76%

Sharpe (annualized)

Portfolio	0.54
Benchmark	0.56

Excess Return (annualized)

-0.65%

Tracking Error (annualized)

13.39%

Information Ratio

-0.05

Statistic	Portfolio	Benchmark
Downside Volatility	18.21%	19.09%
Sortino Ratio	0.50	0.52
Calmar Ratio	0.31	0.29
Ulcer Index	14.59	15.05
Max Drawdown	29.21%	33.97%
VaR (99% Confidence)	$-3,922	$-4,130
VaR (99.9% Confidence)	$-5,210	$-5,486
Beta to Benchmark	0.67	N/A

Value at Risk (VaR) is calculated off a $10,000 portfolio value.

Growth Charts

Historical Weights

Return Distribution

Excess Kurtosis

4.89

Skew

-0.60

Data Table

Factor Coefficients
Factor	Portfolio	Benchmark	Excess
Duration Factor	1.0072	0.0286	0.9786
Inflation Factor	0.4275	0.0435	0.3840
Market Factor	0.9278	0.9525	-0.0247
Size Factor	0.1281	0.0377	0.0904
Style Factor	0.0640	0.0306	0.0334
U.S. Tilt (Non U.S.)	-0.1429	0.0059	-0.1488
Yield Curve Factor	0.2228	-0.0136	0.2364

Adjusted R²

Portfolio	0.88
Benchmark	0.83

Intercept

Portfolio	-0.00
Benchmark	0.00