Rocketship Portfolio Index

Portfolio Specification

Assets

Policy

Rebalancing Interval	Monthly
Weights Algorithm	Equal Inverse Volatility
Weights Algorithm Look-back	1 Month
Weights Updating Interval	Monthly

Benchmark

SPDR S&P 500 ETF Trust (SPY)

This portfolio is listed on the Community Portfolios page.

Portfolio Description

Designed by Bob Elliot of @UnlimitedFnds, this portfolio concept was suspiciously announced on April 1st, 2024. Although this is clearly intended as an April Fools joke, the portfolio serves as a salient benchmark for many of the memetic trends playing out today–namely AI, crypto, and dollar debasement narratives.

The construction is defined as risk-balanced, which I’ve chosen to interpret as inverse volatility weighted with a 1 month lookback window.

The tickers are:

QQQ
GLD
IBIT

https://twitter.com/BobEUnlimited/status/1774871843112992775

Policy Report

Backtest Report

From 2024-02-12 to 2026-04-09 (2y 1m 28d)

Returns (annualized)

Portfolio	30.76%
Benchmark	16.73%

Risk (annualized)

Portfolio	17.24%
Benchmark	16.40%

Sharpe (annualized)

Portfolio	1.39
Benchmark	0.76

Excess Return (annualized)

14.03%

Tracking Error (annualized)

13.61%

Information Ratio

1.03

Statistic	Portfolio	Benchmark
Downside Volatility	17.71%	16.85%
Sortino Ratio	1.36	0.74
Calmar Ratio	1.37	0.67
Ulcer Index	15.46	15.54
Max Drawdown	17.47%	18.76%
VaR (99% Confidence)	$-4,006	$-3,810
VaR (99.9% Confidence)	$-5,321	$-5,062
Beta to Benchmark	0.71	N/A

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

Growth Charts

Historical Weights

Return Distribution

Excess Kurtosis

2.90

Skew

-0.16

Data Table

Factor Coefficients
Factor	Portfolio	Benchmark	Excess
High Beta (Low Beta)	0.2017	-0.0129	0.2146
Inflation Factor	0.3058	0.0471	0.2587
Market Factor	0.7640	1.0065	-0.2425
U.S. Tilt (Non U.S.)	-0.2014	0.3641	-0.5655

Adjusted R²

Portfolio	0.56
Benchmark	0.99

Intercept

Portfolio	0.00
Benchmark	-0.00