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 2025-10-16 (1y 8m 4d)

Returns (annualized)

Portfolio	45.27%
Benchmark	19.45%

Risk (annualized)

Portfolio	15.71%
Benchmark	17.14%

Sharpe (annualized)

Portfolio	2.17
Benchmark	0.86

Excess Return (annualized)

25.81%

Tracking Error (annualized)

13.33%

Information Ratio

1.94

Statistic	Portfolio	Benchmark
Downside Volatility	15.48%	17.65%
Sortino Ratio	2.20	0.83
Calmar Ratio	3.38	0.78
Ulcer Index	15.63	15.53
Max Drawdown	10.09%	18.76%
VaR (99% Confidence)	$-3,649	$-3,982
VaR (99.9% Confidence)	$-4,847	$-5,290
Beta to Benchmark	0.62	N/A

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

Growth Charts

Historical Weights

Return Distribution

Excess Kurtosis

4.12

Skew

0.03

Data Table

Factor Coefficients
Factor	Portfolio	Benchmark	Excess
High Beta (Low Beta)	0.1586	-0.0094	0.1680
Inflation Factor	0.2366	0.0491	0.1875
Market Factor	0.7100	1.0128	-0.3028
U.S. Tilt (Non U.S.)	-0.1706	0.3571	-0.5277

Adjusted R²

Portfolio	0.55
Benchmark	0.99

Intercept

Portfolio	0.00
Benchmark	-0.00