For educational purposes only. Nothing on this site constitutes investment advice. Disclaimers
US & Canada - Low Beta & Long/Short
Levered US growth stack with Canadian low-vol equity and preferred income.
How to read sleeves and model portfolios →
| Ticker | Weight | Beta | Notes |
|---|---|---|---|
| USSL.TO | 35% | 1.25 | 1.25× S&P 500 (charts: 1.25× VFV.TO TR + Canadian borrow on extra 0.25× notional; unhedged S&P proxy for this sleeve). |
| QQQL.TO | 30% | 1.25 | 1.25× Nasdaq-100 (charts: 1.25× QQQ TR in CAD + Canadian borrow on extra 0.25× notional). |
| ZLB.TO | 20% | 0.63 | BMO Low Volatility Canadian Equity. |
| PFLS.TO | 15% | 0.48 | Long/short equity (~160% / ~100% gross). |
Weighted portfolio beta (approx.): 1.01
Copy portfolio to builder →Total return (vs SPY)
Range
+22.83%
Portfolio
+17.92%
SPY (benchmark)
+4.91%
Excess α vs SPY
-7.99%
Max drawdown
-8.88%
SPY max DD
1.53
Sharpe
Excess return above the 4.5% risk-free rate divided by annualised volatility.
Above 1.0 is good; above 2.0 is excellent.
SPY typically scores around 0.5–0.8.2.35
Sortino
Excess return above the 4.5% risk-free rate divided by annualised downside deviation (penalises losses only).
Above 1.5 is good; above 3.0 is excellent.PortfolioSPY
Portfolio score: B+
Alpha score: A
Max DD score: B+
Beta score: B
Beta: 1.01
Net leverage:
Total: 110.3%
Gross longs: 125.3%
Gross shorts: 15.0%
Gross alpha & alts: 0.0%
Portfolio weights:
USSL.TO: 35%
QQQL.TO: 30%
ZLB.TO: 20%
PFLS.TO: 15%
Educational model only — not investment advice. Portfolio betas in the holdings table are weighted to the listed names and weights.
PFLS.TO's inception date of 2020-08-06 is limiting the backtest.
Growthshared core
Long/short
Alpha: long/short equity (PFLS.TO)Growth: S&P 500/Nasdaq-100 (USSL.TO, QQQL.TO)
80%
Sideways Chop
Factor
Alpha: equity factor (momentum, value) (ZLB.TO)Growth: Canadian equity (ZLB.TO)
20%
Inflation