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 2026-01-09 (1y 10m 28d)

Returns (annualized)

Portfolio	38.79%
Benchmark	20.17%

Risk (annualized)

Portfolio	16.04%
Benchmark	16.54%

Sharpe (annualized)

Portfolio	1.85
Benchmark	0.93

Excess Return (annualized)

18.62%

Tracking Error (annualized)

13.23%

Information Ratio

1.41

Statistic	Portfolio	Benchmark
Downside Volatility	15.93%	17.14%
Sortino Ratio	1.86	0.89
Calmar Ratio	2.94	0.82
Ulcer Index	15.59	15.55
Max Drawdown	10.09%	18.76%
VaR (99% Confidence)	$-3,726	$-3,844
VaR (99.9% Confidence)	$-4,950	$-5,107
Beta to Benchmark	0.65	N/A

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

Growth Charts

Historical Weights

Return Distribution

Excess Kurtosis

3.42

Skew

0.00

Data Table

Factor Coefficients
Factor	Portfolio	Benchmark	Excess
High Beta (Low Beta)	0.1780	-0.0112	0.1891
Inflation Factor	0.2046	0.0477	0.1568
Market Factor	0.7348	1.0113	-0.2766
U.S. Tilt (Non U.S.)	-0.1733	0.3580	-0.5313

Adjusted R²

Portfolio	0.54
Benchmark	0.99

Intercept

Portfolio	0.00
Benchmark	-0.00