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 2026-03-06 (2y 22d)

Returns (annualized)

Portfolio	32.41%
Benchmark	16.74%

Risk (annualized)

Portfolio	16.91%
Benchmark	16.28%

Sharpe (annualized)

Portfolio	1.49
Benchmark	0.77

Excess Return (annualized)

15.67%

Tracking Error (annualized)

13.76%

Information Ratio

1.14

Statistic	Portfolio	Benchmark
Downside Volatility	17.33%	16.83%
Sortino Ratio	1.45	0.74
Calmar Ratio	1.97	0.66
Ulcer Index	15.53	15.56
Max Drawdown	12.81%	18.76%
VaR (99% Confidence)	$-3,930	$-3,783
VaR (99.9% Confidence)	$-5,221	$-5,026
Beta to Benchmark	0.68	N/A

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

Growth Charts

Historical Weights

Return Distribution

Excess Kurtosis

3.22

Skew

-0.18

Data Table

Factor Coefficients
Factor	Portfolio	Benchmark	Excess
High Beta (Low Beta)	0.2117	-0.0123	0.2241
Inflation Factor	0.3247	0.0438	0.2809
Market Factor	0.7497	1.0080	-0.2583
U.S. Tilt (Non U.S.)	-0.1989	0.3628	-0.5616

Adjusted R²

Portfolio	0.54
Benchmark	0.99

Intercept

Portfolio	0.00
Benchmark	-0.00