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 2025-09-25 (1y 7m 13d)

Returns (annualized)

Portfolio	42.38%
Benchmark	19.95%

Risk (annualized)

Portfolio	15.68%
Benchmark	17.24%

Sharpe (annualized)

Portfolio	2.04
Benchmark	0.88

Excess Return (annualized)

22.44%

Tracking Error (annualized)

13.46%

Information Ratio

1.67

Statistic	Portfolio	Benchmark
Downside Volatility	15.40%	17.62%
Sortino Ratio	2.08	0.86
Calmar Ratio	3.17	0.81
Ulcer Index	15.63	15.52
Max Drawdown	10.09%	18.76%
VaR (99% Confidence)	$-3,644	$-4,006
VaR (99.9% Confidence)	$-4,840	$-5,322
Beta to Benchmark	0.61	N/A

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

Growth Charts

Historical Weights

Return Distribution

Excess Kurtosis

4.32

Skew

0.05

Data Table

Factor Coefficients
Factor	Portfolio	Benchmark	Excess
High Beta (Low Beta)	0.1541	-0.0085	0.1626
Inflation Factor	0.2351	0.0542	0.1809
Market Factor	0.7063	1.0132	-0.3068
U.S. Tilt (Non U.S.)	-0.1635	0.3573	-0.5208

Adjusted R²

Portfolio	0.54
Benchmark	0.99

Intercept

Portfolio	0.00
Benchmark	-0.00