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 2025-11-18 (1y 9m 6d)

Returns (annualized)

Portfolio	38.22%
Benchmark	18.30%

Risk (annualized)

Portfolio	16.05%
Benchmark	16.95%

Sharpe (annualized)

Portfolio	1.82
Benchmark	0.81

Excess Return (annualized)

19.91%

Tracking Error (annualized)

13.37%

Information Ratio

1.49

Statistic	Portfolio	Benchmark
Downside Volatility	15.99%	17.54%
Sortino Ratio	1.83	0.78
Calmar Ratio	2.89	0.73
Ulcer Index	15.62	15.54
Max Drawdown	10.09%	18.76%
VaR (99% Confidence)	$-3,729	$-3,937
VaR (99.9% Confidence)	$-4,954	$-5,230
Beta to Benchmark	0.64	N/A

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

Growth Charts

Historical Weights

Return Distribution

Excess Kurtosis

3.62

Skew

-0.00

Data Table

Factor Coefficients
Factor	Portfolio	Benchmark	Excess
High Beta (Low Beta)	0.1727	-0.0109	0.1836
Inflation Factor	0.2341	0.0485	0.1856
Market Factor	0.7285	1.0124	-0.2839
U.S. Tilt (Non U.S.)	-0.1843	0.3568	-0.5411

Adjusted R²

Portfolio	0.55
Benchmark	0.99

Intercept

Portfolio	0.00
Benchmark	-0.00