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 2026-06-18 (2y 4m 6d)

Returns (annualized)

Portfolio	29.36%
Benchmark	20.08%

Risk (annualized)

Portfolio	17.75%
Benchmark	16.17%

Sharpe (annualized)

Portfolio	1.30
Benchmark	0.95

Excess Return (annualized)

9.28%

Tracking Error (annualized)

13.50%

Information Ratio

0.69

Statistic	Portfolio	Benchmark
Downside Volatility	18.18%	16.65%
Sortino Ratio	1.27	0.92
Calmar Ratio	1.32	0.82
Ulcer Index	15.43	15.56
Max Drawdown	17.47%	18.76%
VaR (99% Confidence)	$-4,125	$-3,757
VaR (99.9% Confidence)	$-5,480	$-4,991
Beta to Benchmark	0.75	N/A

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

Growth Charts

Historical Weights

Return Distribution

Excess Kurtosis

2.70

Skew

-0.18

Data Table

Factor Coefficients
Factor	Portfolio	Benchmark	Excess
High Beta (Low Beta)	0.2207	-0.0094	0.2302
Inflation Factor	0.2806	0.0580	0.2227
Market Factor	0.7770	1.0038	-0.2268
U.S. Tilt (Non U.S.)	-0.2031	0.3651	-0.5682

Adjusted R²

Portfolio	0.59
Benchmark	0.99

Intercept

Portfolio	0.00
Benchmark	-0.00