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 2026-03-27 (2y 1m 15d)

Returns (annualized)

Portfolio	26.66%
Benchmark	13.20%

Risk (annualized)

Portfolio	17.10%
Benchmark	16.30%

Sharpe (annualized)

Portfolio	1.22
Benchmark	0.58

Excess Return (annualized)

13.45%

Tracking Error (annualized)

13.68%

Information Ratio

0.98

Statistic	Portfolio	Benchmark
Downside Volatility	17.76%	16.88%
Sortino Ratio	1.17	0.56
Calmar Ratio	1.21	0.50
Ulcer Index	15.49	15.55
Max Drawdown	17.18%	18.76%
VaR (99% Confidence)	$-3,973	$-3,787
VaR (99.9% Confidence)	$-5,278	$-5,031
Beta to Benchmark	0.70	N/A

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

Growth Charts

Historical Weights

Return Distribution

Excess Kurtosis

2.99

Skew

-0.20

Data Table

Factor Coefficients
Factor	Portfolio	Benchmark	Excess
High Beta (Low Beta)	0.2009	-0.0127	0.2136
Inflation Factor	0.3031	0.0466	0.2565
Market Factor	0.7625	1.0070	-0.2445
U.S. Tilt (Non U.S.)	-0.2023	0.3642	-0.5665

Adjusted R²

Portfolio	0.55
Benchmark	0.99

Intercept

Portfolio	0.00
Benchmark	-0.00