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 2025-08-08 to 2025-12-29 (4m 21d)

Returns

Portfolio	7.69%
Benchmark	9.41%

Risk (annualized)

Portfolio	16.08%
Benchmark	11.19%

Sharpe (annualized)

Portfolio	1.02
Benchmark	1.77

Excess Return

-1.72%

Tracking Error (annualized)

11.01%

Information Ratio

-0.45

Statistic	Portfolio	Benchmark
Downside Volatility	16.89%	12.15%
Sortino Ratio	0.97	1.63
Calmar Ratio	1.77	3.90
Ulcer Index	15.49	15.74
Max Drawdown	9.26%	5.07%
VaR (99% Confidence)	$-3,722	$-2,590
VaR (99.9% Confidence)	$-4,944	$-3,441
Beta to Benchmark	1.05	N/A

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

Growth Charts

Historical Weights

Return Distribution

Excess Kurtosis

0.68

Skew

-0.23

Data Table

Factor Coefficients
Factor	Portfolio	Benchmark	Excess
High Beta (Low Beta)	0.1969	-0.0129	0.2098
Inflation Factor	0.1714	-0.0658	0.2372
Market Factor	0.9802	0.9841	-0.0038
U.S. Tilt (Non U.S.)	-0.1968	0.3561	-0.5530

Adjusted R²

Portfolio	0.58
Benchmark	0.99

Intercept

Portfolio	-0.00
Benchmark	0.00