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 2025-08-28 (1y 6m 16d)

Returns (annualized)

Portfolio	40.82%
Benchmark	19.71%

Risk (annualized)

Portfolio	15.96%
Benchmark	17.58%

Sharpe (annualized)

Portfolio	1.94
Benchmark	0.85

Excess Return (annualized)

21.11%

Tracking Error (annualized)

13.64%

Information Ratio

1.55

Statistic	Portfolio	Benchmark
Downside Volatility	15.65%	18.03%
Sortino Ratio	1.98	0.83
Calmar Ratio	3.07	0.80
Ulcer Index	15.62	15.51
Max Drawdown	10.09%	18.76%
VaR (99% Confidence)	$-3,708	$-4,085
VaR (99.9% Confidence)	$-4,926	$-5,426
Beta to Benchmark	0.61	N/A

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

Growth Charts

Historical Weights

Return Distribution

Excess Kurtosis

4.16

Skew

0.06

Data Table

Factor Coefficients
Factor	Portfolio	Benchmark	Excess
High Beta (Low Beta)	0.1485	-0.0079	0.1564
Inflation Factor	0.2219	0.0553	0.1666
Market Factor	0.7112	1.0135	-0.3023
U.S. Tilt (Non U.S.)	-0.1609	0.3562	-0.5170

Adjusted R²

Portfolio	0.54
Benchmark	0.99

Intercept

Portfolio	0.00
Benchmark	-0.00