Brendan Ruchert-Dixon Profile Picture Individual Investor

Brendan Ruchert-Dixon

Software Engineer

  • EducationStanford University
  • QualificationsMS, BS
Brendan Ruchert-Dixon
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Beta Blocker

The Beta Blocker strategy uses long and short ETF positions and seeks to achieve absolute returns with very low volatility. The core of the portfolio is made up of index ETFs. Smaller short positions are held in ETFs that I believe have a negative expected return.

Risk score

Risk Score 4
4
Leverage: 1.00
5.8%

Best 30 days

-3.0%

Worst 30 days

Performance

  • 0.8%
    30 day
  • -0.2%
    90 day
  • -1.6%
    365 day
    June 01, 2011
Monthly vs S&P500
Brendan Ruchert Dixon - Beta Blocker Monthly vs S&P500
-27.6% 12 months
  • $20,000 investment min
  • Margin account required
  • 0.5% fee

Replicability

100.0%
  • Replicable

Top 5 Holdings View all

67.2%
57.8%
5.2%
3.5%
-1.1%

Portfolio commentary

  1. I pounced when Apple fell below $425

    11 March 2013

    Apple has a low PE, an incredible balance sheet, and potential for further growth.

  2. My two resolutions for 2013 26 December 2012
  3. My investment in Best Buy has yet to deliver 20 November 2012
  4. Going long Best Buy and short natural gas 7 October 2012
  5. Fed stimulus will deliver only a short term sugar buzz for stocks 6 September 2012

show more


Performance detail

  • Manager (net of fees)
  • Dow Jones Moderate Conservative

Performance

Covestor inception June 01, 2011

as of July 29, 2014 Manager (net of fees) Dow Jones Moderate Conservative S&P 500
Past 30 days 0.8% 0.0% 0.6%
Past 90 days -0.2% 2.5% 5.1%
Past 365 days -1.6% 9.5% 19.3%
Since Covestor inception (Annualized) 3.2% 6.4% 16.1%
2014 (YTD) -0.4% 5.1% 7.8%
2013 -3.8% 8.1% 32.4%
2012 6.2% 8.4% 16.0%

Risk metrics

Last 365 days

as of July 29, 2014 Manager (net of fees) Dow Jones Moderate Conservative S&P 500
Best 30 days 3.4% 3.2% 7.9%
Worst 30 days -3.0% -1.8% -4.8%
Volatility 5.1% 3.7% 10.3%
Sharpe Ratio - 0.32 2.57 1.89
Sortino Ratio - 0.55 4.03 2.66
Maximum Drawdown -6.0% -1.9% -5.7%
Value-at-risk (95%, 1 week) -1.2% -0.9% -2.4%
vs. Dow Jones Moderate Conservative vs. S&P 500
Information Ratio - 1.50 - 1.44
Alpha 3.4% 5.5%
Beta - 0.56 - 0.39
R-Squared 0.16 0.59
  • $20,000 investment min
  • Margin account required
  • 0.5% fee

Latest transactions View all

Average trades per month 1.2
Executed Symbol Security Replicable Type Price
10/23/13 AAPL Apple Inc Yes Sell $524.87
08/19/13 TMV Direxion Daily 20 Year Plus Treasury Bear 3x Shares Yes Sell short $77.05
08/16/13 AAPL Apple Inc Yes Sell $501.09
08/13/13 SLV iShares Silver Trust Yes Buy $20.70
08/13/13 AGQ ProShares Ultra Silver Yes Buy to cover $20.13
08/12/13 ZSL ProShares UltraShort Silver   Buy to cover $83.57
04/17/13 ELD WisdomTree Emerging Markets Local Debt Fund Yes Sell $53.24
04/17/13 AAPL Apple Inc Yes Buy $402.05

Important Information

  1. Past performance is no guarantee of future results.
  2. Performance of the portfolio manager's account is calculated by Covestor on a daily time-weighted basis, including cash, dividends and earnings distributions and broker commissions. Manager returns include trades and positions that fail Covestor's trading rules, as a result, actual client returns will differ. Covestor advisory fees are simulated and applied retro-actively to present the portfolio return "net-of-fees".
  3. Average client returns are calculated by Covestor and are composed of the average, time-weighted returns of all active client investments (some of which may contain investment restrictions) to the underlying portfolio. These daily average returns are then linked together for the timeframe presented. These returns include cash, dividends, earnings distributions, brokerage commissions and Covestor advisory fees.
  4. All graph data is as of the end of day for the referenced period, unless otherwise specified. The investment minimum is the minimum investment required to follow a particular portfolio. The minimum amount is determined by Covestor, based on the characteristics of the underlying portfolio. It should not be considered as specific investment advice for your investment situation.
  5. The performance charts are provided for informational purposes only, and should not be used as the basis for making an investment decision. Variables such as corporate actions or foreign exchange may affect daily performance displays. We rely on mathematical formulas, computer programs, and pricing information from third-party vendors to provide these returns. Neither Covestor nor any of its data or content providers shall be liable for any errors in this information or any actions taken by you in reliance upon this information.
  6. Benchmark returns have been calculated by Covestor using a time-weighted calculation of daily index valuations. Benchmarks presented are total return and therefore inclusive of cash, dividends and earnings distributions but not transaction costs. More
  7. Leverage indicates the level of margin utilized and is calculated by dividing gross exposure by portfolio net liquidation value.
  8. All Portfolio Manager information including personal data, profiles, strategies, monthly investment reports, and historical results outside of Covestor has been provided by the Portfolio Manager. Covestor makes no representation or warranty of its accuracy, completeness or relevance and it does not represent the opinions of Covestor. Transaction history is available upon request. Portfolio classifications are provided by Covestor, and are intended to serve as a general guide.
  9. Transactions that are marked as "Replicable" passed Covestor's trading rules and were eligible for replication at the time of execution, subject to individual client constraints. Eligibility for replication may change over time. Actual client investment trade activity may vary.
  10. Index returns do not reflect any management fees, transaction costs or expenses. Individuals cannot invest directly in an Index.