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 2026-02-12 (2y)

Returns (annualized)

Portfolio	32.61%
Benchmark	18.06%

Risk (annualized)

Portfolio	16.83%
Benchmark	16.41%

Sharpe (annualized)

Portfolio	1.50
Benchmark	0.83

Excess Return (annualized)

14.55%

Tracking Error (annualized)

13.79%

Information Ratio

1.06

Statistic	Portfolio	Benchmark
Downside Volatility	17.31%	16.94%
Sortino Ratio	1.46	0.80
Calmar Ratio	1.97	0.72
Ulcer Index	15.57	15.56
Max Drawdown	12.81%	18.76%
VaR (99% Confidence)	$-3,912	$-3,813
VaR (99.9% Confidence)	$-5,197	$-5,066
Beta to Benchmark	0.67	N/A

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

Growth Charts

Historical Weights

Return Distribution

Excess Kurtosis

3.43

Skew

-0.19

Data Table

Factor Coefficients
Factor	Portfolio	Benchmark	Excess
High Beta (Low Beta)	0.2112	-0.0123	0.2234
Inflation Factor	0.3031	0.0443	0.2588
Market Factor	0.7491	1.0094	-0.2603
U.S. Tilt (Non U.S.)	-0.2074	0.3605	-0.5679

Adjusted R²

Portfolio	0.54
Benchmark	0.99

Intercept

Portfolio	0.00
Benchmark	-0.00