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 2025-08-01 (1y 5m 20d)

Returns (annualized)

Portfolio	40.83%
Benchmark	17.34%

Risk (annualized)

Portfolio	16.12%
Benchmark	17.88%

Sharpe (annualized)

Portfolio	1.92
Benchmark	0.73

Excess Return (annualized)

23.49%

Tracking Error (annualized)

13.89%

Information Ratio

1.69

Statistic	Portfolio	Benchmark
Downside Volatility	15.82%	18.50%
Sortino Ratio	1.96	0.70
Calmar Ratio	3.07	0.69
Ulcer Index	15.61	15.49
Max Drawdown	10.09%	18.76%
VaR (99% Confidence)	$-3,744	$-4,153
VaR (99.9% Confidence)	$-4,974	$-5,517
Beta to Benchmark	0.60	N/A

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

Growth Charts

Historical Weights

Return Distribution

Excess Kurtosis

4.20

Skew

0.07

Data Table

Factor Coefficients
Factor	Portfolio	Benchmark
High Beta (Low Beta)	0.1553	0.1553
Inflation Factor	0.2141	0.2141
Market Factor	0.7026	0.7026
U.S. Tilt (Non U.S.)	-0.1592	-0.1592

Adjusted R²

Portfolio	0.54
Benchmark	0.99

Intercept

Portfolio	0.00
Benchmark	-0.00