Test Market Timing Models

This tool allows you to test different market timing and tactical asset allocation models based on moving averages, momentum, market valuation and target volatility. The supported models include:

You can find a summary of the selected tactical asset allocation model below, and a more detailed description in the FAQ section.

Seasonal Model

Seasonal model moves the portfolio out of market based on specific calendar months. Sell in May and Go Away model is a well-known example that avoids historical underperformance of some stocks in the six-month period commencing in May and ending in October.

Shiller PE Ratio Market Valuation

Shiller PE Ratio (PE10) market valuation based timing model adjusts the allocation between stocks and bonds based on the start of year Shiller PE Ratio as follows:
  • PE10 >= 22 - 40% stocks, 60% bonds
  • 14 <= PE10 < 22 - 60% stocks, 40% bonds
  • PE10 < 14 - 80% stocks, 20% bonds
The balanced 60% stock and 40% bond allocation is used as the benchmark portfolio.

Moving Averages - Single Asset

The moving average timing model is either invested in a specific stock, ETF or mutual fund, or is alternatively in cash or other risk-free asset based on the moving average signal. The model is invested in the asset when the adjusted close price is greater than the moving average and the model moves to cash when the adjusted close price is less than the moving average. The model also supports using moving average cross-over as the signal.

Moving Averages - Portfolio Assets

The moving average model applies the moving average signal to each portfolio asset. The model is invested in a portfolio asset when the adjusted close price is greater than the moving average and the allocation is moved to cash when the adjusted close price is less than the moving average. The model also supports using moving average cross-over as the signal.

Momentum - Relative Strength

The relative strength momentum model invests in the best performing assets in the model based on each asset's past return. The momentum can be based on a single timing period, or multiple weighted timing periods. Additionally the model supports using moving averages as a risk control to decide whether investments should be moved to cash.

Momentum - Dual Momentum

The dual momentum model uses relative momentum to select the best performing model assets and incorporates absolute momentum as a filter to invest in cash if the excess return of the selected asset over cash is negative.

Adaptive Allocation

The adaptive asset allocation model combines relative strength momentum model with different asset weighting. The relative strength model uses an equal weight allocation for the model selected assets, whereas the adaptive asset allocation uses either risk parity allocation or minimum variance allocation for the model assets to minimize the expected volatility.

Target Volatility

The target volatility model adjusts the market exposure of the portfolio based on the realized historic volatility and the given volatility target. The cash allocation in the portfolio is increased or decreased as required to meet the targeted volatility level in order to improve the risk adjusted performance.
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Timing Periods
Length
Unit
Weight
Time Period #1
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Time Period #2
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Time Period #3
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Time Period #4
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Time Period #5
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Volatility Period
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Asset 1
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Asset 2
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Asset 3
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Asset 4
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Asset 5
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Asset 6
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Asset 7
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Asset 8
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Asset 9
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Asset 10
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Total
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Model Simulation Results (Jan 2010 - Dec 2019) Save

Tactical asset allocation model results from Jan 2010 to Dec 2019 are based on the annual target volatility of 25.00%. The tactical asset allocation model adjusts the equity allocation monthly based on realized historical volatility and the specified target volatility using 1 calendar month volatility period. Tactical asset allocation model trades are executed using the end of month close price each month based on the end of month signals. The time period was constrained by the available data for ProShares UltraPro S&P500 (UPRO) [Jul 2009 - Feb 2021].

Performance statistics for the timing portfolio and benchmark portfolios
PortfolioInitial BalanceFinal BalanceCAGRStdevBest YearWorst YearMax. DrawdownSharpe RatioSortino RatioUS Mkt Correlation
Target Volatility Model$10,000$239,90337.41%22.03%68.95%-9.16%-21.46% 1.542.780.56
   

Trailing Returns

Trailing Returns
NameAnnualized ReturnAnnualized Volatility
3 Month1 year3 year5 year10 yearFull3 year5 year
Target Volatility Model15.88%52.82%35.28%25.03%37.41%37.41%22.56%22.33%
Trailing annualized return and volatility are for full months ending in December 2019 excluding portfolio cashflows.
Notes on results:
  • Past performance is no guarantee of future results, which may vary. All use is subject to terms of service.
  • Investing involves risk, including possible loss of principal. The value of the investments and the income derived from them may fluctuate over time.
  • All portfolio returns presented are hypothetical and backtested. Hypothetical returns do not reflect trading costs, transaction fees, or taxes.
  • The backtested performance results are created by retroactively applying the specified investment strategy or methodology to historical data. Backtested models are developed with the benefit of hindsight but might not have foresight of the future.
  • The results are based on information from a variety of sources we consider reliable, but we do not represent that the information is accurate or complete.
  • The results do not constitute investment advice or recommendation, are provided solely for informational purposes, and are not an offer to buy or sell any securities.
  • The results are based on the total return of assets and assume that all received dividends and distributions are reinvested.
  • The results for the buy-and-hold comparison portfolio assume annual rebalancing
  • The results for the tactical asset allocation model assume monthly rebalancing trades
  • Risk free returns (out of market) are based on 3-month treasury bill returns or the selected asset
  • The volatility signal is based on daily total returns accounting for splits and dividends
  • Additional trading costs and taxes for tactical asset allocation models are not reflected in the results
  • CAGR = Compound Annual Growth Rate
  • Stdev = Annualized standard deviation of monthly returns
  • Sharpe and Sortino ratios are calculated and annualized from monthly excess returns over the risk free rate (3-month treasury bill)
  • Stock market correlation is based on the correlation of monthly returns
  • Drawdowns are calculated based on monthly returns excluding cashflows
  • Refer to the FAQ section regarding the data sources and methodology descriptions
Annual returns for the timing portfolio and various benchmark portfolios
YearInflationTarget Volatility Model ReturnTarget Volatility Model BalanceProShares UltraPro S&P500 (UPRO)Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
20101.50%44.00%$14,40036.34%16.20%
20112.96%68.95%$24,329-11.88%109.14%
20121.74%44.79%$35,22546.80%0.60%
20131.50%49.93%$52,814118.49%-39.01%
20140.76%48.66%$78,51238.00%97.34%
20150.73%-9.16%$71,320-5.24%-13.73%
20162.07%35.87%$96,90530.79%-2.52%
20172.11%60.94%$155,95571.37%22.73%
20181.91%0.66%$156,985-25.15%-11.01%
20192.29%52.82%$239,903102.31%34.74%
Monthly returns for the timing portfolio and various benchmark portfolios
YearMonthTarget Volatility Model ReturnProShares UltraPro S&P500 (UPRO)Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
20101-7.48%-11.19%7.34%
201023.88%8.94%-1.82%
201036.90%18.90%-6.73%
201045.26%4.08%9.96%
20105-9.62%-24.15%16.54%
201066.54%-16.58%16.73%
201075.41%21.17%-3.90%
201087.41%-13.46%25.94%
2010912.73%27.94%-9.02%
2010102.84%11.44%-13.57%
201011-1.86%-0.82%-6.03%
2010127.35%21.36%-11.63%
201113.37%6.56%-9.40%
201129.21%10.39%4.49%
20113-0.74%-0.80%-0.55%
201147.85%8.73%6.57%
20115-1.08%-3.93%10.36%
20116-6.18%-5.87%-7.39%
201171.76%-6.39%13.28%
201181.91%-21.09%27.34%
2011928.41%-20.69%41.35%
2011103.45%32.61%-12.87%
2011111.97%-3.35%4.89%
2011127.23%2.30%9.46%
201216.91%13.90%-1.50%
201229.00%13.24%-7.95%
201234.83%9.29%-13.02%
201240.97%-2.38%14.37%
20125-0.91%-17.35%28.90%
201267.09%11.47%-5.78%
201277.69%3.52%11.43%
201283.35%6.53%-4.61%
201294.44%7.52%-7.87%
201210-5.20%-5.96%-2.13%
2012111.59%1.01%3.90%
201212-1.20%2.82%-7.80%
2013110.39%15.39%-9.58%
201323.53%3.56%3.39%
201337.84%11.03%-1.77%
201347.21%5.45%14.25%
20135-1.31%6.80%-19.65%
20136-6.25%-5.23%-10.33%
201373.28%16.41%-7.41%
20138-8.27%-9.21%-4.47%
201397.60%9.60%1.53%
20131011.83%13.76%4.12%
2013112.62%8.87%-8.19%
2013124.83%7.54%-6.01%
20141-4.68%-10.72%19.47%
2014210.03%13.65%1.63%
201432.04%2.15%1.76%
201442.51%1.65%5.96%
201457.28%6.62%8.79%
201464.78%6.22%-1.00%
20147-3.23%-4.44%1.61%
2014812.45%11.95%14.42%
20149-4.88%-4.44%-6.65%
2014106.44%6.03%8.06%
2014118.71%8.34%9.08%
2014120.65%-1.54%9.38%
201515.96%-9.47%31.01%
201523.64%17.48%-17.87%
20153-3.71%-5.28%2.57%
20154-3.48%2.59%-10.30%
201551.16%3.43%-7.91%
20156-8.00%-6.21%-12.49%
201577.62%6.17%13.40%
20158-15.64%-18.87%-2.75%
201590.61%-8.64%5.10%
20151010.37%26.79%-1.73%
201511-0.17%0.81%-2.71%
201512-4.98%-6.06%-2.41%
201612.35%-15.38%17.74%
201624.94%-1.68%8.71%
2016310.77%21.50%-0.64%
201640.17%0.81%-2.39%
201654.09%4.65%1.86%
201664.08%-0.20%21.23%
201678.70%11.13%6.07%
20168-0.63%0.11%-3.58%
20169-1.38%-0.54%-4.78%
201610-9.21%-5.62%-13.32%
2016114.06%11.05%-23.91%
2016124.57%5.96%-0.99%
201714.41%5.14%1.49%
2017210.41%11.91%4.41%
20173-0.64%-0.22%-2.35%
201743.10%2.77%4.43%
201753.99%3.70%5.17%
201761.61%1.51%1.98%
201774.21%5.87%-2.43%
201782.19%0.21%10.13%
201793.09%5.69%-7.29%
2017105.36%6.83%-0.53%
2017117.44%8.87%1.73%
2017123.77%3.45%5.04%
2018112.62%18.22%-9.77%
20182-12.74%-13.53%-9.57%
201833.21%-8.69%8.44%
20184-3.88%-0.14%-6.71%
201855.86%6.46%5.27%
201861.33%1.29%1.49%
201877.64%10.73%-4.70%
201887.95%9.09%3.36%
20189-0.80%1.20%-8.77%
201810-18.45%-20.78%-9.11%
2018114.57%4.28%4.76%
201812-2.09%-26.25%17.93%
201917.36%23.89%0.41%
201922.26%9.28%-4.52%
201937.28%4.85%17.00%
201948.14%11.81%-6.56%
20195-10.89%-18.89%21.11%
2019614.22%21.37%1.90%
201973.11%3.80%0.32%
201981.73%-6.62%35.11%
20199-3.00%5.30%-9.07%
2019103.74%5.70%-4.11%
2019116.69%10.73%-2.01%
2019124.70%8.38%-10.05%
Portfolio return and risk metrics
MetricTarget Volatility Model
Arithmetic Mean (monthly)2.88%
Arithmetic Mean (annualized)40.64%
Geometric Mean (monthly)2.68%
Geometric Mean (annualized)37.41%
Volatility (monthly)6.36%
Volatility (annualized)22.03%
Downside Deviation (monthly)3.52%
Max. Drawdown-21.46%
US Market Correlation0.56
Beta(*)0.96
Alpha (annualized)21.81%
R231.15%
Sharpe Ratio1.54
Sortino Ratio2.78
Treynor Ratio (%)35.61
Calmar Ratio1.85
Active Return24.11%
Tracking Error18.29%
Information Ratio1.32
Skewness-0.29
Excess Kurtosis2.61
Historical Value-at-Risk (5%)-8.31%
Analytical Value-at-Risk (5%)-7.58%
Conditional Value-at-Risk (5%)-12.76%
Upside Capture Ratio (%)180.28
Downside Capture Ratio (%)74.07
Safe Withdrawal Rate44.55%
Perpetual Withdrawal Rate25.94%
Positive Periods88 out of 120 (73.33%)
Gain/Loss Ratio1.14
* US stock market is used as the benchmark for calculations. Value-at-risk metrics are based on monthly values.

Drawdowns for Target Volatility Model

Drawdowns for Target Volatility Model (worst 10)
RankStartEndLengthRecovery ByRecovery TimeUnderwater PeriodDrawdown
1Mar 2015Aug 20156 monthsMay 20169 months1 year 3 months-21.46%
2Sep 2018Oct 20182 monthsApr 20196 months8 months-19.09%
3Feb 2018Apr 20183 monthsAug 20184 months7 months-13.43%
4May 2013Aug 20134 monthsOct 20132 months6 months-12.34%
5Aug 2016Oct 20163 monthsJan 20173 months6 months-11.03%
6May 2019May 20191 monthJun 20191 month2 months-10.89%
7May 2010May 20101 monthJul 20102 months3 months-9.62%
8Jan 2010Jan 20101 monthMar 20102 months3 months-7.48%
9May 2011Jun 20112 monthsSep 20113 months5 months-7.19%
10Oct 2012Oct 20121 monthJan 20133 months4 months-5.20%
Worst 10 drawdowns included above
Rolling returns summary
Roll PeriodAverageHighLow
1 year39.86%111.63%-12.25%
3 years36.63%67.50%21.14%
5 years34.44%55.16%23.44%
7 years35.99%42.91%27.88%
Timing periods and related holdings for the timing portfolio
#StartEndMonthsAssetsTarget Volatility Model
83Jan 2020Jan 20201Please sign-in for forward signals-
82Dec 2019Dec 2019180.00% ProShares UltraPro S&P500 (UPRO)
20.00% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
4.70%
81Nov 2019Nov 2019168.31% ProShares UltraPro S&P500 (UPRO)
31.69% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
6.69%
80Oct 2019Oct 2019180.00% ProShares UltraPro S&P500 (UPRO)
20.00% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
3.74%
79Sep 2019Sep 2019142.25% ProShares UltraPro S&P500 (UPRO)
57.75% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
-3.00%
78Jul 2019Aug 2019280.00% ProShares UltraPro S&P500 (UPRO)
20.00% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
4.89%
77Jun 2019Jun 2019163.26% ProShares UltraPro S&P500 (UPRO)
36.74% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
14.22%
76Mar 2019May 2019380.00% ProShares UltraPro S&P500 (UPRO)
20.00% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
3.37%
75Feb 2019Feb 2019149.14% ProShares UltraPro S&P500 (UPRO)
50.86% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
2.26%
74Jan 2019Jan 2019129.57% ProShares UltraPro S&P500 (UPRO)
70.43% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
7.36%
73Dec 2018Dec 2018145.32% ProShares UltraPro S&P500 (UPRO)
54.68% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
-2.09%
72Nov 2018Nov 2018139.14% ProShares UltraPro S&P500 (UPRO)
60.86% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
4.57%
71Jun 2018Oct 2018580.00% ProShares UltraPro S&P500 (UPRO)
20.00% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
-4.74%
70May 2018May 2018149.68% ProShares UltraPro S&P500 (UPRO)
50.32% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
5.86%
69Apr 2018Apr 2018143.10% ProShares UltraPro S&P500 (UPRO)
56.90% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
-3.88%
68Mar 2018Mar 2018130.50% ProShares UltraPro S&P500 (UPRO)
69.50% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
3.21%
67Nov 2016Feb 20181680.00% ProShares UltraPro S&P500 (UPRO)
20.00% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
72.10%
66Oct 2016Oct 2016153.46% ProShares UltraPro S&P500 (UPRO)
46.54% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
-9.21%
65Aug 2016Sep 2016280.00% ProShares UltraPro S&P500 (UPRO)
20.00% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
-2.01%
64Jul 2016Jul 2016151.86% ProShares UltraPro S&P500 (UPRO)
48.14% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
8.70%
63Apr 2016Jun 2016380.00% ProShares UltraPro S&P500 (UPRO)
20.00% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
8.52%
62Mar 2016Mar 2016151.56% ProShares UltraPro S&P500 (UPRO)
48.44% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
10.77%
61Feb 2016Feb 2016136.31% ProShares UltraPro S&P500 (UPRO)
63.69% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
4.94%
60Jan 2016Jan 2016146.48% ProShares UltraPro S&P500 (UPRO)
53.52% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
2.35%
59Dec 2015Dec 2015170.53% ProShares UltraPro S&P500 (UPRO)
29.47% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
-4.98%
58Nov 2015Nov 2015172.11% ProShares UltraPro S&P500 (UPRO)
27.89% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
-0.17%
57Oct 2015Oct 2015142.44% ProShares UltraPro S&P500 (UPRO)
57.56% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
10.37%
56Sep 2015Sep 2015132.71% ProShares UltraPro S&P500 (UPRO)
67.29% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
0.61%
55Jul 2015Aug 2015280.00% ProShares UltraPro S&P500 (UPRO)
20.00% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
-9.21%
54Jun 2015Jun 2015171.56% ProShares UltraPro S&P500 (UPRO)
28.44% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
-8.00%
53May 2015May 2015180.00% ProShares UltraPro S&P500 (UPRO)
20.00% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
1.16%
52Apr 2015Apr 2015152.93% ProShares UltraPro S&P500 (UPRO)
47.07% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
-3.48%
51Mar 2015Mar 2015180.00% ProShares UltraPro S&P500 (UPRO)
20.00% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
-3.71%
50Feb 2015Feb 2015160.83% ProShares UltraPro S&P500 (UPRO)
39.17% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
3.64%
49Jan 2015Jan 2015161.89% ProShares UltraPro S&P500 (UPRO)
38.11% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
5.96%
48Dec 2014Dec 2014180.00% ProShares UltraPro S&P500 (UPRO)
20.00% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
0.65%
47Nov 2014Nov 2014150.09% ProShares UltraPro S&P500 (UPRO)
49.91% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
8.71%
46Jun 2014Oct 2014580.00% ProShares UltraPro S&P500 (UPRO)
20.00% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
15.44%
45May 2014May 2014169.84% ProShares UltraPro S&P500 (UPRO)
30.16% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
7.28%
44Apr 2014Apr 2014180.00% ProShares UltraPro S&P500 (UPRO)
20.00% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
2.51%
43Mar 2014Mar 2014172.60% ProShares UltraPro S&P500 (UPRO)
27.40% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
2.04%
42Feb 2014Feb 2014169.86% ProShares UltraPro S&P500 (UPRO)
30.14% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
10.03%
41Dec 2013Jan 2014280.00% ProShares UltraPro S&P500 (UPRO)
20.00% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
-0.08%
40Nov 2013Nov 2013163.36% ProShares UltraPro S&P500 (UPRO)
36.64% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
2.62%
39Oct 2013Oct 2013180.00% ProShares UltraPro S&P500 (UPRO)
20.00% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
11.83%
38Sep 2013Sep 2013175.20% ProShares UltraPro S&P500 (UPRO)
24.80% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
7.60%
37Aug 2013Aug 2013180.00% ProShares UltraPro S&P500 (UPRO)
20.00% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
-8.27%
36Jul 2013Jul 2013144.88% ProShares UltraPro S&P500 (UPRO)
55.12% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
3.28%
35Jun 2013Jun 2013180.00% ProShares UltraPro S&P500 (UPRO)
20.00% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
-6.25%
34May 2013May 2013169.31% ProShares UltraPro S&P500 (UPRO)
30.69% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
-1.31%
33Apr 2013Apr 2013180.00% ProShares UltraPro S&P500 (UPRO)
20.00% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
7.21%
32Mar 2013Mar 2013175.03% ProShares UltraPro S&P500 (UPRO)
24.97% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
7.84%
31Jan 2013Feb 2013280.00% ProShares UltraPro S&P500 (UPRO)
20.00% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
14.29%
30Dec 2012Dec 2012162.15% ProShares UltraPro S&P500 (UPRO)
37.85% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
-1.20%
29Sep 2012Nov 2012380.00% ProShares UltraPro S&P500 (UPRO)
20.00% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
0.59%
28Aug 2012Aug 2012171.48% ProShares UltraPro S&P500 (UPRO)
28.52% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
3.35%
27Jul 2012Jul 2012147.23% ProShares UltraPro S&P500 (UPRO)
52.77% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
7.69%
26Jun 2012Jun 2012174.63% ProShares UltraPro S&P500 (UPRO)
25.37% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
7.09%
25May 2012May 2012164.45% ProShares UltraPro S&P500 (UPRO)
35.55% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
-0.91%
24Feb 2012Apr 2012380.00% ProShares UltraPro S&P500 (UPRO)
20.00% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
15.37%
23Jan 2012Jan 2012154.61% ProShares UltraPro S&P500 (UPRO)
45.39% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
6.91%
22Dec 2011Dec 2011131.10% ProShares UltraPro S&P500 (UPRO)
68.90% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
7.23%
21Nov 2011Nov 2011135.42% ProShares UltraPro S&P500 (UPRO)
64.58% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
1.97%
20Oct 2011Oct 2011135.89% ProShares UltraPro S&P500 (UPRO)
64.11% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
3.45%
19Sep 2011Sep 2011120.87% ProShares UltraPro S&P500 (UPRO)
79.13% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
28.41%
18Aug 2011Aug 2011152.51% ProShares UltraPro S&P500 (UPRO)
47.49% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
1.91%
17Jul 2011Jul 2011158.58% ProShares UltraPro S&P500 (UPRO)
41.42% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
1.76%
16May 2011Jun 2011280.00% ProShares UltraPro S&P500 (UPRO)
20.00% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
-7.19%
15Apr 2011Apr 2011159.06% ProShares UltraPro S&P500 (UPRO)
40.94% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
7.85%
14Mar 2011Mar 2011178.82% ProShares UltraPro S&P500 (UPRO)
21.18% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
-0.74%
13Jan 2011Feb 2011280.00% ProShares UltraPro S&P500 (UPRO)
20.00% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
12.89%
12Dec 2010Dec 2010157.53% ProShares UltraPro S&P500 (UPRO)
42.47% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
7.35%
11Nov 2010Nov 2010180.00% ProShares UltraPro S&P500 (UPRO)
20.00% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
-1.86%
10Oct 2010Oct 2010165.61% ProShares UltraPro S&P500 (UPRO)
34.39% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
2.84%
9Sep 2010Sep 2010158.83% ProShares UltraPro S&P500 (UPRO)
41.17% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
12.73%
8Aug 2010Aug 2010147.02% ProShares UltraPro S&P500 (UPRO)
52.98% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
7.41%
7Jul 2010Jul 2010137.14% ProShares UltraPro S&P500 (UPRO)
62.86% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
5.41%
6Jun 2010Jun 2010130.59% ProShares UltraPro S&P500 (UPRO)
69.41% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
6.54%
5May 2010May 2010164.30% ProShares UltraPro S&P500 (UPRO)
35.70% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
-9.62%
4Apr 2010Apr 2010180.00% ProShares UltraPro S&P500 (UPRO)
20.00% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
5.26%
3Mar 2010Mar 2010153.19% ProShares UltraPro S&P500 (UPRO)
46.81% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
6.90%
2Feb 2010Feb 2010153.01% ProShares UltraPro S&P500 (UPRO)
46.99% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
3.88%
1Jan 2010Jan 2010180.00% ProShares UltraPro S&P500 (UPRO)
20.00% Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF)
-7.48%