The efficacy of the Demo Fund is rigorously assessed through a comparative analysis against a set of pre-defined benchmark portfolios. This benchmarking process is critical for gauging the fund’s performance relative to established market indicators and alternative investment strategies.
Selected Benchmark Portfolios:
- S&P 500 Index (SPX): This broad-market index serves as a conventional benchmark, representing the U.S. equity market performance.
- Ethereum (ETH): As a leading digital asset, Ethereum provides a direct comparative for the performance of blockchain-based investments.
- 50/50 Bitcoin-Ethereum Portfolio (BTCETH): A balanced portfolio comprising equal allocations to Bitcoin and Ethereum, offering a benchmark for diversified crypto asset performance.
Benchmark Valuation Rules
- Dollar-Cost Averaging (DCA) Alignment: All benchmark portfolios adhere to a DCA strategy, mirroring the investment approach of the demonstration fund.
- Synchronized Asset Purchases: Assets in the benchmark portfolios are acquired contemporaneously with the most recent contributions to the demonstration fund, maintaining parity in investment timing.
- Valuation and Accounting Consistency: The valuation of the benchmark assets adheres to standard asset valuation and accounting regulations, ensuring a consistent and fair comparative framework.
- Primary Currency for Comparison: The U.S. Dollar (USD) is utilized as the primary funding and evaluation currency for comparative analysis, providing a uniform basis for performance assessment.
Performance Measurement Criteria
The performance of both the demonstration fund and the benchmark portfolios is quantified as the percentage variation in the current capitalization of the portfolios relative to the aggregate investment outlay.
ABC and benchmarks intermediate results comparison, %
Updated weekly
Current state of the compared funds:
Portfolio | SPX | BTC | ETH | AUM | Performance, USD |
---|---|---|---|---|---|
ABC | — | — | — | $25,911 | 152.79% |
SPX | 2.4676065949027 | — | — | $12,969 | 26.52% |
ETH | — | — | 6.39480549041629 | $22,564 | 120.14% |
BTCETH | — | 0.209437076283243 | 3.19740274520814 | $25,872 | 152.41% |
Current Funding Volume: $10,250.