Backtest Portfolio Asset Allocation

This portfolio backtesting tool allows you to construct one or more portfolios based on the selected mutual funds, ETFs, and stocks. You can analyze and backtest portfolio returns, risk characteristics, style exposures, and drawdowns. The results cover both returns and fund fundamentals based portfolio style analysis along with risk and return decomposition by each portfolio asset. You can compare up to three different portfolios against the selected benchmark, and you can also specify any periodic contribution or withdrawal cashflows and the preferred portfolio rebalancing strategy.

The related asset class level portfolio modeling tool allows you to analyze and compare asset class level portfolios with a longer time horizon starting from 1972.

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Portfolio Assets 
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Asset 2
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Asset 3
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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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Asset 11
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Asset 12
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Asset 13
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Asset 15
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Portfolio Analysis Results (Oct 2004 - Dec 2017)

Portfolio Allocations

Portfolio 1
Ticker Name Allocation
RSP Invesco S&P 500 Equal Weight ETF 100.00%
Save portfolio »
Portfolio 2
Ticker Name Allocation
VCR Vanguard Consumer Discretionary ETF 9.00%
VDC Vanguard Consumer Staples ETF 9.00%
VDE Vanguard Energy ETF 9.00%
VFH Vanguard Financials ETF 9.00%
VHT Vanguard Health Care ETF 9.00%
VIS Vanguard Industrials ETF 9.00%
VGT Vanguard Information Technology ETF 9.00%
VAW Vanguard Materials ETF 9.00%
VNQ Vanguard Real Estate ETF 9.00%
VOX Vanguard Communication Services ETF 9.00%
VPU Vanguard Utilities ETF 9.00%
CASHX Cash 1.00%
Save portfolio »
Portfolio 3
Ticker Name Allocation
VO Vanguard Mid-Cap ETF 100.00%
Save portfolio »

Portfolio Returns

Portfolio performance statistics
PortfolioInitial BalanceFinal BalanceCAGRStdevBest YearWorst YearMax. DrawdownSharpe RatioSortino RatioUS Mkt Correlation
Portfolio 1$10,000$35,141 9.95% 16.15%44.64%-40.07%-55.58% 0.590.890.98
Portfolio 2$10,000$34,337 9.76% 13.96%29.78%-35.87%-49.95% 0.650.950.99
Portfolio 3$10,000$37,213 10.43% 16.33%40.44%-41.56%-54.01% 0.620.900.97
Vanguard 500 Index Investor$10,000$31,154 8.95% 13.64%32.18%-37.02%-50.97% 0.610.881.00
   

Trailing Returns

Trailing Returns
NameAnnualized ReturnAnnualized Volatility
3 Month1 year3 year5 year10 yearFull3 year5 year
Portfolio 16.23%18.51%9.72%15.35%9.60%9.95%10.39%10.15%
Portfolio 25.06%15.27%9.48%13.77%8.33%9.76%9.27%9.05%
Portfolio 35.73%19.27%9.39%14.99%8.97%10.43%10.99%10.67%
Vanguard 500 Index Investor6.61%21.67%11.26%15.62%8.37%8.95%10.07%9.49%
Trailing annualized return and volatility are for full months ending in December 2017 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 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 annual results for 2004 are based on monthly returns from October to December
  • 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 risk free rate (3-month treasury bill)
  • Stock market correlation is based on the correlation of monthly returns
  • Drawdown analysis is calculated based on monthly returns excluding cashflows
  • The results assume annual rebalancing of portfolio assets to match the specified allocation
  • Portfolio cashflows and rebalancing for quarterly and annual periods are aligned with calendar periods.
Annual returns for the configured portfolios
YearInflationPortfolio 1Portfolio 2Portfolio 3Vanguard 500 Index InvestorInvesco S&P 500 Equal Weight ETF (RSP)Vanguard Consumer Discretionary ETF (VCR)Vanguard Consumer Staples ETF (VDC)Vanguard Energy ETF (VDE)Vanguard Financials ETF (VFH)Vanguard Health Care ETF (VHT)Vanguard Industrials ETF (VIS)Vanguard Information Technology ETF (VGT)Vanguard Materials ETF (VAW)Vanguard Real Estate ETF (VNQ)Vanguard Communication Services ETF (VOX)Vanguard Utilities ETF (VPU)Cash (CASHX)Vanguard Mid-Cap ETF (VO)
ReturnBalanceReturnBalanceReturnBalanceReturnBalance
20040.21%12.32%$11,23210.61%$11,06115.08%$11,5089.21%$10,92112.32%14.70%9.28%4.38%8.96%6.38%11.31%14.26%9.51%15.06%11.89%12.07%0.48%15.08%
20053.42%7.41%$12,0648.43%$11,99313.97%$13,1154.77%$11,4427.41%-4.10%3.76%39.05%6.06%8.20%5.48%2.99%3.42%11.94%2.00%14.54%3.14%13.97%
20062.54%15.46%$13,92919.36%$14,31513.93%$14,94215.64%$13,23215.46%16.51%15.86%19.03%19.43%6.54%15.16%8.86%19.52%35.30%36.70%21.66%4.82%13.93%
20074.08%0.90%$14,0557.79%$15,4305.51%$15,7665.39%$13,9440.90%-11.79%12.69%34.66%-17.59%7.89%13.20%14.78%26.55%-16.50%5.15%17.00%4.56%5.51%
20080.09%-40.07%$8,423-35.87%$9,895-41.56%$9,213-37.02%$8,782-40.07%-37.84%-16.57%-39.54%-48.91%-23.33%-39.79%-42.81%-46.47%-37.00%-38.55%-27.94%1.53%-41.56%
20092.72%44.64%$12,18329.78%$12,84240.44%$12,93926.49%$11,10844.64%46.42%16.55%25.53%14.32%21.80%22.05%61.89%51.44%30.08%29.45%11.30%0.16%40.44%
20101.50%21.37%$14,78718.56%$15,22425.68%$16,26214.91%$12,76521.37%30.56%14.62%21.06%14.81%5.59%27.32%12.78%24.48%28.37%19.53%7.04%0.14%25.68%
20112.96%-0.67%$14,6882.75%$15,643-2.08%$15,9241.97%$13,016-0.67%3.64%13.60%2.79%-14.31%10.70%-2.32%0.56%-9.55%8.62%-2.17%18.96%0.07%-2.08%
20121.74%17.16%$17,20815.18%$18,01716.22%$18,50615.82%$15,07517.16%24.60%11.02%3.38%26.23%19.02%17.14%13.96%17.31%17.63%16.55%1.83%0.08%16.22%
20131.50%35.54%$23,32328.10%$23,08035.04%$24,99032.18%$19,92635.54%43.65%28.02%25.83%32.85%42.67%41.91%30.96%24.93%2.31%24.24%14.88%0.05%35.04%
20140.76%14.06%$26,60313.39%$26,17013.75%$28,42713.51%$22,61814.06%9.52%15.96%-9.94%14.09%25.47%8.48%17.99%5.86%30.36%3.97%26.99%0.03%13.75%
20150.73%-2.66%$25,896-1.17%$25,865-1.35%$28,0421.25%$22,900-2.66%6.26%5.82%-23.23%-0.58%7.12%-3.51%5.04%-10.18%2.42%2.70%-4.82%0.05%-1.35%
20162.07%14.50%$29,65215.17%$29,78811.26%$31,20011.82%$25,60614.50%6.72%6.30%29.19%24.86%-3.21%20.38%13.77%21.51%8.60%22.79%17.60%0.30%11.26%
20172.11%18.51%$35,14115.27%$34,33719.27%$37,21321.67%$31,15418.51%22.81%11.85%-2.50%19.98%23.26%21.47%37.07%23.76%4.91%-5.50%12.46%0.88%19.27%
Annual return for 2004 is from 10/01/2004 to 12/31/2004
Monthly returns for the configured portfolios
YearMonthPortfolio 1Portfolio 2Portfolio 3Vanguard 500 Index InvestorInvesco S&P 500 Equal Weight ETF (RSP)Vanguard Consumer Discretionary ETF (VCR)Vanguard Consumer Staples ETF (VDC)Vanguard Energy ETF (VDE)Vanguard Financials ETF (VFH)Vanguard Health Care ETF (VHT)Vanguard Industrials ETF (VIS)Vanguard Information Technology ETF (VGT)Vanguard Materials ETF (VAW)Vanguard Real Estate ETF (VNQ)Vanguard Communication Services ETF (VOX)Vanguard Utilities ETF (VPU)Cash (CASHX)Vanguard Mid-Cap ETF (VO)
ReturnBalanceReturnBalanceReturnBalanceReturnBalance
2004102.37%$10,2371.90%$10,1902.94%$10,2941.51%$10,1512.37%3.43%0.80%-0.14%1.01%-1.86%1.05%5.35%-1.30%5.67%2.59%4.44%0.14%2.94%
2004115.79%$10,8315.28%$10,7287.29%$11,0444.05%$10,5625.79%5.35%4.01%7.53%3.57%2.49%6.90%5.67%9.66%3.95%5.27%4.37%0.16%7.29%
2004123.71%$11,2323.10%$11,0614.20%$11,5083.39%$10,9213.71%5.26%4.23%-2.80%4.15%5.76%3.04%2.65%1.18%4.74%3.61%2.81%0.18%4.20%
20051-3.08%$10,886-2.75%$10,756-2.86%$11,179-2.45%$10,653-3.08%-3.88%1.15%3.74%-3.05%-3.28%-3.04%-5.99%-3.21%-8.56%-5.54%1.06%0.18%-2.86%
200522.13%$11,1183.46%$11,1293.72%$11,5942.09%$10,8762.13%-0.06%0.54%16.55%-0.31%3.08%1.52%0.57%8.42%3.17%1.89%2.18%0.21%3.72%
20053-1.36%$10,966-1.59%$10,952-1.14%$11,462-1.76%$10,684-1.36%-0.81%-0.54%-2.79%-3.33%-0.52%-0.11%-2.34%-3.62%-1.71%-2.78%1.04%0.23%-1.14%
20054-3.20%$10,616-1.97%$10,736-3.68%$11,040-1.91%$10,480-3.20%-6.75%-1.21%-6.20%-1.12%3.23%-3.95%-4.49%-7.52%5.77%-1.01%2.19%0.23%-3.68%
200554.50%$11,0933.47%$11,1085.40%$11,6363.17%$10,8124.50%7.18%2.82%3.15%4.33%1.69%3.70%8.67%0.00%3.52%2.93%1.56%0.24%5.40%
200561.54%$11,2641.69%$11,2963.00%$11,9850.13%$10,8261.54%0.89%-1.64%6.98%2.67%0.06%-1.64%-1.55%-1.13%4.60%2.87%5.39%0.25%3.00%
200575.11%$11,8394.60%$11,8165.17%$12,6053.71%$11,2275.11%5.28%3.28%7.31%1.51%2.86%4.48%5.95%6.13%7.14%4.77%2.28%0.26%5.17%
20058-0.87%$11,735-1.26%$11,668-0.37%$12,559-0.91%$11,124-0.87%-4.53%-2.00%6.26%-2.29%-0.24%-2.73%-0.60%-3.56%-4.05%-3.03%0.61%0.28%-0.37%
200590.50%$11,7941.64%$11,8601.53%$12,7520.79%$11,2130.50%-2.01%1.34%6.63%0.83%-0.54%2.38%0.71%0.65%1.33%0.80%3.79%0.29%1.53%
200510-2.68%$11,478-2.84%$11,523-3.46%$12,310-1.68%$11,024-2.68%-2.49%-0.85%-8.95%1.86%-2.82%-0.96%-2.04%-0.89%-2.88%-0.94%-6.74%0.29%-3.46%
2005114.55%$12,0003.73%$11,9535.15%$12,9453.76%$11,4404.55%4.28%0.73%1.64%5.00%2.02%5.67%7.05%7.34%4.16%5.24%-0.02%0.33%5.15%
2005120.53%$12,0640.33%$11,9931.32%$13,1150.02%$11,4420.53%-0.35%0.22%1.58%0.19%2.64%0.55%-1.84%2.05%0.04%-2.58%0.77%0.32%1.32%
200614.03%$12,5504.30%$12,5085.42%$13,8262.65%$11,7454.03%1.73%0.48%14.35%1.54%1.87%1.93%4.03%6.06%7.54%5.33%2.84%0.33%5.42%
200620.34%$12,5920.14%$12,526-0.79%$13,7160.26%$11,7760.34%0.45%1.03%-9.09%1.93%1.07%2.95%-1.11%-1.48%1.86%4.08%0.84%0.37%-0.79%
200632.10%$12,8562.36%$12,8213.12%$14,1441.23%$11,9202.10%1.60%1.18%4.72%1.10%-0.74%4.59%2.35%5.19%4.73%4.82%-3.77%0.38%3.12%
200640.86%$12,9670.80%$12,9240.89%$14,2701.33%$12,0790.86%0.73%0.71%5.40%2.95%-3.28%2.05%-0.84%2.88%-3.40%-0.03%1.81%0.38%0.89%
20065-2.97%$12,582-2.85%$12,556-3.56%$13,763-2.90%$11,730-2.97%-2.65%0.45%-3.01%-3.49%-2.45%-2.44%-7.44%-4.65%-2.70%-4.01%1.08%0.39%-3.56%
20066-0.28%$12,5471.19%$12,705-0.53%$13,6900.13%$11,745-0.28%-0.39%1.36%2.07%-0.00%0.50%-0.30%-1.11%-0.37%4.95%3.35%2.68%0.40%-0.53%
20067-1.33%$12,3800.39%$12,754-2.12%$13,3990.61%$11,816-1.33%-4.20%1.43%3.26%1.87%4.01%-5.58%-4.11%-3.80%3.89%1.98%4.91%0.41%-2.12%
200682.74%$12,7192.31%$13,0491.98%$13,6652.36%$12,0952.74%2.43%3.77%-4.46%1.46%2.79%1.18%7.58%2.73%3.48%3.32%2.57%0.42%1.98%
200692.39%$13,0241.66%$13,2651.65%$13,8912.56%$12,4052.39%5.90%0.19%-3.70%3.65%1.18%3.23%3.69%0.33%1.96%4.56%-2.05%0.41%1.65%
2006103.76%$13,5144.08%$13,8073.67%$14,4003.25%$12,8083.76%6.28%2.00%4.66%2.63%0.90%3.34%3.98%6.22%6.03%3.66%5.43%0.40%3.67%
2006112.50%$13,8512.87%$14,2034.00%$14,9771.89%$13,0502.50%1.92%-0.24%8.66%1.28%-0.04%2.90%3.48%5.00%4.78%0.97%2.97%0.42%4.00%
2006120.57%$13,9290.78%$14,315-0.23%$14,9421.39%$13,2320.57%2.07%2.52%-3.01%3.16%0.76%0.80%-1.02%0.62%-1.83%4.03%0.83%0.41%-0.23%
200712.41%$14,2652.79%$14,7153.36%$15,4441.49%$13,4292.41%3.16%2.19%-1.09%0.99%3.32%2.20%1.54%5.49%8.78%4.48%-0.08%0.41%3.36%
20072-0.47%$14,197-0.88%$14,5850.20%$15,475-1.97%$13,165-0.47%-2.31%-1.44%-1.39%-2.90%-2.02%-0.52%-2.21%2.55%-2.70%-1.38%4.64%0.42%0.20%
200730.82%$14,3141.25%$14,7670.91%$15,6161.11%$13,3110.82%-0.28%2.10%6.33%-0.86%0.29%0.42%0.42%1.94%-2.07%1.24%4.36%0.42%0.91%
200744.41%$14,9453.47%$15,2803.58%$16,1764.42%$13,8994.41%2.67%3.21%5.37%3.50%6.16%4.72%5.00%3.14%-0.13%1.11%3.92%0.41%3.58%
200753.24%$15,4293.68%$15,8434.33%$16,8763.48%$14,3833.24%2.89%1.39%7.43%2.35%1.73%5.65%4.16%5.67%-0.38%8.73%1.04%0.40%4.33%
20076-1.86%$15,142-2.25%$15,486-1.78%$16,575-1.68%$14,141-1.86%-1.66%-1.79%1.34%-4.41%-3.36%-0.09%0.58%-0.40%-8.99%-1.97%-5.13%0.39%-1.78%
20077-4.51%$14,459-3.35%$14,968-4.63%$15,808-3.08%$13,705-4.51%-5.73%-2.79%-0.65%-7.97%-4.03%0.80%-1.30%-2.75%-8.26%-2.09%-4.16%0.39%-4.63%
200780.08%$14,4711.71%$15,2240.74%$15,9251.50%$13,9110.08%0.25%2.53%0.61%2.67%2.94%-0.62%2.88%0.06%6.74%-0.43%2.88%0.40%0.74%
200792.49%$14,8313.79%$15,8012.91%$16,3883.72%$14,4292.49%-0.22%4.25%7.50%1.66%3.07%4.12%3.57%7.06%3.90%3.12%2.76%0.33%2.91%
2007101.12%$14,9972.31%$16,1661.78%$16,6801.58%$14,6561.12%0.33%1.83%2.18%-1.45%2.05%0.73%6.77%4.47%2.10%-0.90%6.46%0.31%1.78%
200711-4.65%$14,300-4.26%$15,478-5.06%$15,836-4.19%$14,043-4.65%-6.01%1.91%-4.19%-7.13%0.37%-3.93%-7.98%-4.64%-9.47%-6.98%-0.31%0.32%-5.06%
200712-1.72%$14,055-0.31%$15,430-0.45%$15,766-0.70%$13,944-1.72%-4.97%-1.11%7.61%-4.77%-2.37%-0.61%1.27%1.85%-5.41%0.95%0.09%0.26%-0.45%
20081-4.30%$13,450-6.04%$14,498-6.67%$14,715-6.02%$13,106-4.30%-2.24%-5.30%-11.08%-1.37%-5.25%-5.34%-13.19%-4.73%-0.78%-10.89%-6.97%0.28%-6.67%
20082-3.01%$13,045-2.23%$14,175-1.50%$14,494-3.25%$12,680-3.01%-4.75%-0.01%8.67%-9.01%-2.16%-2.11%-2.95%3.38%-3.18%-8.36%-3.72%0.16%-1.50%
20083-1.86%$12,8020.01%$14,176-2.39%$14,147-0.44%$12,624-1.86%-1.15%2.66%-2.49%-2.59%-4.61%2.04%0.38%-1.93%6.48%0.68%0.56%0.15%-2.39%
200845.72%$13,5355.09%$14,8986.81%$15,1114.85%$13,2365.72%4.41%-0.19%11.09%5.94%1.45%2.89%7.18%5.93%6.38%6.45%5.34%0.11%6.81%
200852.65%$13,8932.54%$15,2764.53%$15,7951.29%$13,4082.65%0.88%1.70%5.19%-4.68%2.26%2.11%6.37%5.80%-0.21%5.01%3.85%0.12%4.53%
20086-9.84%$12,527-7.47%$14,135-7.74%$14,573-8.44%$12,276-9.84%-12.65%-6.71%3.44%-17.10%-4.55%-11.18%-8.97%-5.45%-10.62%-10.02%-1.43%0.15%-7.74%
20087-0.50%$12,464-1.05%$13,986-3.94%$13,999-0.83%$12,174-0.50%0.51%3.18%-14.44%7.60%6.07%1.81%-1.31%-3.76%3.12%-2.44%-6.30%0.16%-3.94%
200882.96%$12,8331.38%$14,1801.62%$14,2271.45%$12,3502.96%6.89%2.72%-0.68%-0.12%1.88%1.45%2.63%-2.70%2.37%2.08%-0.53%0.14%1.62%
20089-10.91%$11,433-9.39%$12,849-12.97%$12,381-8.91%$11,250-10.91%-8.89%-1.61%-15.13%-3.05%-6.05%-12.76%-13.17%-18.96%-0.11%-13.92%-11.43%0.14%-12.97%
200810-20.91%$9,043-18.65%$10,452-21.98%$9,659-16.79%$9,361-20.91%-20.73%-11.54%-20.05%-21.72%-13.06%-19.53%-17.95%-23.48%-31.73%-14.92%-11.21%0.08%-21.98%
200811-9.63%$8,172-8.17%$9,599-9.13%$8,777-7.17%$8,689-9.63%-11.67%-2.84%-2.82%-16.20%-7.73%-8.70%-11.64%-11.44%-22.72%-0.40%2.74%0.04%-9.13%
2008123.08%$8,4233.09%$9,8954.97%$9,2131.07%$8,7823.08%7.09%1.13%-5.27%2.13%7.49%3.08%2.21%1.70%16.67%2.31%-1.47%0.00%4.97%
20091-8.35%$7,720-8.38%$9,066-6.87%$8,580-8.41%$8,043-8.35%-10.20%-7.61%-1.90%-23.60%-1.71%-12.49%-3.38%-7.38%-17.53%-6.09%-1.24%0.01%-6.87%
20092-11.22%$6,854-10.76%$8,091-9.54%$7,761-10.66%$7,186-11.22%-7.53%-7.33%-12.23%-16.89%-11.80%-16.91%-4.04%-8.70%-20.53%-3.25%-12.87%0.02%-9.54%
2009310.26%$7,5577.87%$8,7288.47%$8,4188.76%$7,81610.26%12.48%3.74%3.86%14.65%5.88%8.67%11.59%14.40%3.61%7.24%2.38%0.02%8.47%
2009418.69%$8,97012.29%$9,80014.25%$9,6179.56%$8,56318.69%19.50%5.88%9.40%19.21%0.86%19.17%12.94%16.14%30.68%7.58%1.60%0.02%14.25%
200956.46%$9,5505.02%$10,2924.39%$10,0405.62%$9,0446.46%-0.31%5.37%14.05%9.51%6.33%2.93%2.59%6.67%2.62%3.58%3.72%0.01%4.39%
20096-1.20%$9,435-0.13%$10,278-0.51%$9,9890.22%$9,064-1.20%0.56%0.63%-6.91%-1.32%3.45%-1.64%4.31%-4.37%-3.23%2.18%5.43%0.01%-0.51%
200979.19%$10,3027.73%$11,0738.95%$10,8837.58%$9,7519.19%10.09%6.62%5.55%8.93%5.89%9.35%9.25%12.59%10.77%2.39%4.23%0.02%8.95%
200985.65%$10,8843.76%$11,4894.96%$11,4233.60%$10,1015.65%4.16%0.93%1.21%12.05%2.13%3.90%2.52%2.85%14.32%-0.86%0.49%0.02%4.96%
200995.29%$11,4594.86%$12,0476.30%$12,1423.72%$10,4775.29%5.68%3.53%6.78%2.02%2.03%6.79%4.63%5.63%6.63%8.10%1.66%0.01%6.30%
200910-3.70%$11,035-3.22%$11,659-4.43%$11,604-1.87%$10,281-3.70%-3.13%0.73%1.75%-5.73%-3.00%-4.80%-1.18%-5.47%-4.46%-6.98%-3.28%0.01%-4.43%
2009115.54%$11,6466.12%$12,3725.08%$12,1935.98%$10,8965.54%6.28%3.83%2.93%3.94%8.75%7.95%5.23%11.20%6.57%6.09%4.61%0.00%5.08%
2009124.61%$12,1833.79%$12,8426.12%$12,9391.95%$11,1084.61%4.90%0.32%1.16%-0.10%2.76%2.69%6.23%2.77%7.37%7.76%5.54%0.01%6.12%
20101-3.31%$11,779-4.00%$12,327-3.57%$12,477-3.60%$10,708-3.31%-2.52%-0.96%-4.28%-0.90%0.42%-2.15%-8.18%-8.15%-5.52%-7.75%-4.50%0.01%-3.57%
201024.19%$12,2733.21%$12,7235.28%$13,1353.09%$11,0394.19%5.92%3.04%2.43%3.51%0.53%4.93%4.51%5.09%5.58%1.19%-0.96%0.01%5.28%
201037.22%$13,1596.43%$13,5407.02%$14,0576.01%$11,7037.22%8.41%4.10%2.78%8.97%3.62%8.67%6.70%8.13%10.18%6.56%3.00%0.01%7.02%
201042.65%$13,5082.56%$13,8873.62%$14,5661.58%$11,8872.65%6.28%-1.05%4.48%2.37%-2.72%4.36%2.21%1.03%7.15%0.80%2.99%0.01%3.62%
20105-7.37%$12,513-7.35%$12,867-7.29%$13,504-8.01%$10,936-7.37%-7.19%-4.97%-11.94%-8.83%-6.93%-8.94%-7.99%-8.94%-5.33%-4.45%-5.86%0.01%-7.29%
20106-6.31%$11,724-5.14%$12,205-6.20%$12,667-5.24%$10,363-6.31%-10.05%-2.62%-5.76%-6.44%-2.12%-6.98%-6.38%-7.80%-5.19%-1.96%-0.81%0.01%-6.20%
201077.35%$12,5867.69%$13,1446.92%$13,5437.00%$11,0887.35%8.03%6.29%8.03%6.95%0.98%9.93%7.20%11.94%9.59%9.14%7.33%0.02%6.92%
20108-4.76%$11,987-3.53%$12,680-4.53%$12,930-4.53%$10,586-4.76%-4.78%-1.81%-4.46%-7.59%-2.05%-7.56%-6.92%-2.72%-1.28%-1.04%1.03%0.01%-4.53%
2010910.19%$13,2098.43%$13,74810.70%$14,3148.92%$11,53010.19%12.43%5.97%10.04%6.59%9.74%11.80%12.66%8.44%4.45%9.47%3.26%0.01%10.70%
2010103.56%$13,6793.72%$14,2604.09%$14,8993.79%$11,9663.56%5.42%3.08%5.10%1.92%1.93%3.51%6.40%6.70%4.74%1.13%1.34%0.01%4.09%
2010110.82%$13,7920.30%$14,3032.14%$15,2180.00%$11,9660.82%3.28%-0.95%6.47%-0.83%-2.30%1.79%-0.95%1.69%-1.85%-0.71%-2.41%0.01%2.14%
2010127.21%$14,7876.44%$15,2246.86%$16,2626.67%$12,7657.21%4.40%4.33%9.02%10.45%5.38%7.85%5.60%9.74%4.54%7.18%3.19%0.01%6.86%
201112.11%$15,0991.66%$15,4772.16%$16,6132.36%$13,0662.11%-0.96%-1.61%7.03%2.40%0.80%3.58%3.93%0.19%3.25%-1.63%1.45%0.01%2.16%
201124.02%$15,7053.53%$16,0234.13%$17,2993.42%$13,5124.02%5.56%2.84%7.53%2.85%3.47%2.65%2.44%2.94%4.71%2.40%1.63%0.01%4.13%
201130.83%$15,8360.82%$16,1551.71%$17,5950.03%$13,5150.83%-0.13%1.79%1.76%-2.04%2.34%2.10%-1.94%2.55%-1.62%3.72%0.78%0.01%1.71%
201143.13%$16,3323.36%$16,6972.71%$18,0712.95%$13,9143.13%4.02%5.27%1.17%0.71%6.41%2.56%3.05%2.58%5.75%2.10%3.88%0.01%2.71%
20115-0.61%$16,231-0.35%$16,639-0.42%$17,995-1.15%$13,755-0.61%-0.26%2.70%-4.39%-2.72%1.94%-2.98%-1.81%-2.77%1.37%3.70%1.55%0.00%-0.42%
20116-1.80%$15,939-1.70%$16,357-2.38%$17,567-1.67%$13,525-1.80%-0.15%-2.20%-2.09%-2.81%-1.50%-0.90%-2.52%-1.22%-3.30%-1.85%-0.28%0.01%-2.38%
20117-3.62%$15,362-2.11%$16,012-3.43%$16,964-2.05%$13,248-3.62%-1.85%-1.44%1.57%-3.27%-3.90%-6.80%-0.14%-2.46%1.56%-5.70%-1.11%0.00%-3.43%
20118-6.35%$14,386-5.08%$15,199-6.97%$15,782-5.45%$12,526-6.35%-6.07%0.23%-10.69%-9.05%-3.34%-7.02%-6.42%-7.61%-5.62%-3.05%1.80%0.01%-6.97%
20119-9.05%$13,084-7.94%$13,992-9.90%$14,220-7.04%$11,644-9.05%-7.53%-3.45%-13.91%-11.24%-4.87%-10.19%-4.12%-16.88%-10.85%-6.86%-0.43%0.00%-9.90%
20111013.07%$14,79410.67%$15,48613.09%$16,08110.91%$12,91513.07%12.97%4.49%18.45%13.84%6.02%15.20%12.28%17.95%14.29%4.20%3.97%0.00%13.09%
201111-0.88%$14,665-0.34%$15,433-0.61%$15,983-0.23%$12,885-0.88%-1.40%2.03%1.62%-4.27%0.93%0.84%-1.99%0.54%-3.80%0.09%1.06%0.00%-0.61%
2011120.16%$14,6881.36%$15,643-0.37%$15,9241.02%$13,0160.16%0.90%2.58%-1.43%2.49%2.66%0.94%-0.96%-2.27%4.85%1.45%3.33%0.00%-0.37%
201215.68%$15,5224.35%$16,3226.67%$16,9864.46%$13,5975.68%6.47%-1.06%2.03%7.60%4.17%7.49%7.92%11.92%6.38%-1.05%-3.60%0.00%6.67%
201224.01%$16,1443.16%$16,8384.33%$17,7214.31%$14,1824.01%5.36%3.85%6.09%4.37%1.68%2.91%6.98%-0.11%-1.15%4.58%0.63%0.01%4.33%
201232.32%$16,5192.57%$17,2711.91%$18,0593.28%$14,6482.32%4.12%3.07%-3.61%6.42%4.23%1.25%4.70%0.55%5.19%1.04%1.29%0.01%1.91%
20124-0.75%$16,395-0.18%$17,239-0.63%$17,946-0.64%$14,554-0.75%0.72%0.22%-1.06%-1.61%-0.40%-0.88%-2.00%-0.86%2.86%-0.37%1.75%0.01%-0.63%
20125-6.99%$15,248-5.35%$16,318-7.10%$16,671-6.02%$13,678-6.99%-5.93%-1.56%-11.08%-8.14%-3.34%-6.21%-8.18%-8.63%-4.51%-0.94%0.17%0.01%-7.10%
201263.86%$15,8364.15%$16,9952.51%$17,0904.11%$14,2403.86%1.36%3.63%5.14%4.90%5.90%2.92%2.97%4.40%5.52%5.69%3.87%0.01%2.51%
201270.12%$15,8551.43%$17,2380.04%$17,0961.37%$14,4350.12%-0.12%2.47%3.92%0.13%0.62%0.05%0.52%-0.59%2.00%4.50%2.75%0.01%0.04%
201283.07%$16,3411.65%$17,5233.06%$17,6192.24%$14,7593.07%4.97%-0.27%2.23%3.09%1.67%1.94%5.12%3.31%-0.01%-0.04%-3.69%0.01%3.06%
201292.51%$16,7522.42%$17,9471.97%$17,9662.58%$15,1392.51%3.14%1.59%3.51%2.79%3.87%1.78%1.06%3.82%-1.86%5.96%1.38%0.01%1.97%
201210-0.82%$16,614-1.47%$17,683-1.15%$17,760-1.86%$14,857-0.82%-0.85%-1.06%-2.43%1.59%-1.34%0.06%-6.50%-1.46%-0.91%-4.34%1.31%0.01%-1.15%
2012111.28%$16,8260.36%$17,7461.61%$18,0460.56%$14,9411.28%2.76%1.90%-1.33%-0.90%0.97%2.01%1.59%1.43%-0.26%-0.78%-3.81%0.01%1.61%
2012122.27%$17,2081.53%$18,0172.55%$18,5060.90%$15,0752.27%0.82%-2.04%1.19%4.29%-0.11%3.16%0.31%3.54%3.72%1.73%0.13%0.01%2.55%
201316.51%$18,3285.22%$18,9576.57%$19,7235.18%$15,8566.51%6.05%5.89%8.01%5.98%7.60%6.15%2.21%3.94%3.74%3.17%5.19%0.00%6.57%
201320.97%$18,5051.03%$19,1521.22%$19,9631.34%$16,0680.97%0.68%3.10%0.33%1.60%1.27%2.47%0.52%-1.37%1.22%-0.78%2.31%0.01%1.22%
201334.36%$19,3133.84%$19,8874.47%$20,8563.74%$16,6694.36%4.72%4.96%2.26%4.01%6.17%3.06%2.66%2.78%2.87%3.46%5.49%0.01%4.47%
201341.69%$19,6402.68%$20,4201.73%$21,2171.91%$16,9871.69%3.06%2.93%-1.29%2.47%2.85%-1.21%0.53%-0.17%6.73%8.25%5.64%0.01%1.73%
201352.69%$20,1680.23%$20,4681.85%$21,6102.33%$17,3822.69%3.42%-1.65%2.68%3.71%1.93%5.03%4.24%2.26%-5.98%-3.72%-8.20%0.00%1.85%
20136-1.23%$19,920-0.95%$20,273-1.15%$21,361-1.35%$17,148-1.23%0.80%0.03%-2.10%-0.87%-0.62%-1.53%-3.17%-4.47%-1.98%2.11%0.98%0.00%-1.15%
201375.63%$21,0414.97%$21,2815.72%$22,5835.07%$18,0175.63%5.37%4.53%5.22%5.09%7.64%6.15%5.45%5.77%0.90%4.25%4.43%0.00%5.72%
20138-2.92%$20,427-3.41%$20,555-2.60%$21,994-2.91%$17,493-2.92%-2.68%-4.33%-1.50%-5.10%-3.38%-2.85%-0.44%-0.57%-6.98%-4.63%-5.32%0.00%-2.60%
201394.11%$21,2673.54%$21,2834.61%$23,0093.12%$18,0394.11%5.74%1.63%2.38%3.06%3.66%6.23%3.90%4.58%3.49%2.96%1.41%0.00%4.61%
2013104.28%$22,1774.53%$22,2463.35%$23,7794.59%$18,8664.28%4.20%5.96%4.53%3.68%3.65%4.79%3.66%4.29%4.52%7.11%3.99%0.00%3.35%
2013112.22%$22,6701.39%$22,5562.06%$24,2693.03%$19,4372.22%3.50%1.67%0.17%3.76%5.05%3.65%3.56%1.33%-5.25%-1.69%-2.06%0.00%2.06%
2013122.88%$23,3232.32%$23,0802.97%$24,9902.51%$19,9262.88%2.27%0.77%2.99%1.85%0.82%4.14%4.47%4.60%0.10%2.27%1.18%0.01%2.97%
20141-2.96%$22,632-2.24%$22,563-2.39%$24,393-3.47%$19,235-2.96%-5.74%-5.32%-6.13%-3.08%1.87%-4.05%-2.35%-4.34%4.28%-2.80%2.75%0.01%-2.39%
201425.34%$23,8404.39%$23,5536.06%$25,8724.56%$20,1125.34%6.58%3.90%5.57%3.39%5.94%4.08%4.86%6.74%5.07%-0.64%3.32%0.00%6.06%
201430.61%$23,9851.15%$23,824-0.26%$25,8040.82%$20,2780.61%-2.54%2.32%2.49%2.55%-2.01%0.69%-0.17%0.83%0.49%5.33%3.23%0.00%-0.26%
201440.38%$24,0770.87%$24,032-0.85%$25,5840.72%$20,4250.38%-1.70%2.55%5.07%-1.67%-1.34%0.91%-0.87%0.16%3.29%-0.81%3.75%0.00%-0.85%
201452.16%$24,5962.07%$24,5282.33%$26,1792.33%$20,9012.16%2.38%2.05%1.28%1.38%2.85%1.79%3.44%2.55%2.40%3.87%-0.73%0.00%2.33%
201462.86%$25,2992.33%$25,0992.99%$26,9612.05%$21,3302.86%2.54%-0.09%5.35%2.70%2.88%0.88%3.13%2.34%1.13%0.31%4.55%0.00%2.99%
20147-2.33%$24,709-2.13%$24,566-2.48%$26,293-1.39%$21,034-2.33%-1.91%-3.46%-3.74%-1.77%-0.27%-4.52%0.52%-2.49%0.08%1.18%-6.95%0.00%-2.48%
201484.20%$25,7483.71%$25,4774.70%$27,5293.98%$21,8724.20%4.36%4.75%2.66%3.91%5.25%4.44%4.26%4.17%3.04%-0.65%5.15%0.00%4.70%
20149-2.58%$25,082-2.63%$24,808-3.19%$26,652-1.41%$21,563-2.58%-2.92%0.31%-7.83%-1.42%-0.15%-2.43%-1.33%-2.94%-6.04%-1.27%-2.65%0.00%-3.19%
2014103.02%$25,8403.38%$25,6463.40%$27,5582.42%$22,0853.02%2.54%3.68%-3.99%3.83%5.76%3.91%1.91%-1.62%9.94%2.08%8.37%0.00%3.40%
2014112.66%$26,5291.83%$26,1152.84%$28,3402.68%$22,6782.66%5.61%5.14%-9.25%1.97%3.27%2.77%4.99%1.07%2.00%0.89%0.81%0.00%2.84%
2014120.28%$26,6030.21%$26,1700.31%$28,427-0.26%$22,6180.28%0.72%-0.33%-0.34%1.79%-0.73%0.18%-1.34%-0.24%1.88%-3.26%3.43%0.00%0.31%
20151-2.92%$25,825-1.46%$25,788-2.01%$27,856-3.02%$21,935-2.92%-3.10%-1.44%-4.86%-5.53%1.69%-3.89%-3.51%-2.71%6.85%-1.90%2.18%0.00%-2.01%
201525.73%$27,3044.05%$26,8336.03%$29,5355.74%$23,1945.73%8.24%4.28%4.91%5.07%4.63%6.15%8.33%7.75%-3.67%6.62%-5.94%0.00%6.03%
20153-0.96%$27,042-0.97%$26,5713.39%$30,536-1.59%$22,825-0.96%-0.09%-1.34%-1.91%0.03%1.42%-1.50%-2.46%-3.58%1.74%-2.44%-0.69%0.00%3.39%
201540.41%$27,1520.25%$26,638-3.40%$29,4980.95%$23,0410.41%-0.49%-1.14%7.06%-0.32%-1.98%-0.62%1.29%2.34%-5.85%3.69%-0.64%0.00%-3.40%
201550.72%$27,3490.54%$26,7831.12%$29,8291.27%$23,3340.72%1.44%1.17%-5.08%1.67%5.26%0.37%2.49%0.50%-0.30%-1.83%0.37%0.00%1.12%
20156-2.27%$26,728-2.33%$26,158-1.70%$29,323-1.93%$22,883-2.27%0.48%-1.67%-3.69%-0.07%0.10%-2.21%-3.93%-3.58%-4.68%-1.19%-6.07%0.00%-1.70%
201570.96%$26,9861.23%$26,4811.17%$29,6662.08%$23,3590.96%3.94%4.89%-8.54%2.88%2.87%-0.03%2.27%-5.22%5.77%-0.60%5.47%0.00%1.17%
20158-5.46%$25,513-5.49%$25,027-5.15%$28,138-6.05%$21,947-5.46%-6.37%-5.57%-4.10%-6.61%-8.06%-5.22%-5.80%-5.50%-6.29%-3.14%-3.60%0.01%-5.15%
20159-3.01%$24,744-2.46%$24,412-3.68%$27,103-2.48%$21,402-3.01%-1.58%-0.04%-7.58%-2.40%-6.60%-2.88%-1.34%-7.83%3.05%-3.12%2.71%0.01%-3.68%
2015106.99%$26,4737.65%$26,2805.97%$28,7228.42%$23,2046.99%7.76%5.81%11.49%5.92%6.83%8.73%10.46%12.92%5.76%8.79%1.95%0.00%5.97%
2015110.30%$26,5530.06%$26,2950.30%$28,8080.29%$23,2710.30%-0.46%-0.91%-0.25%2.12%0.67%1.23%1.19%0.79%-0.63%-1.01%-2.13%0.01%0.30%
201512-2.48%$25,896-1.64%$25,865-2.66%$28,042-1.59%$22,900-2.48%-2.68%2.22%-11.12%-2.51%1.17%-2.82%-2.76%-4.64%1.82%-0.39%2.16%0.02%-2.66%
20161-5.56%$24,456-4.25%$24,765-7.61%$25,908-4.98%$21,760-5.56%-5.81%0.00%-3.78%-8.50%-9.31%-6.44%-5.87%-10.02%-3.44%1.23%4.69%0.01%-7.61%
201620.99%$24,7000.99%$25,0091.37%$26,263-0.15%$21,7290.99%0.99%0.40%-2.21%-2.55%-0.52%3.87%-0.97%6.50%-0.36%3.97%1.78%0.03%1.37%
201637.98%$26,6717.47%$26,8788.03%$28,3716.78%$23,2017.98%6.83%4.91%10.58%7.62%3.19%7.67%8.92%9.20%10.48%5.57%8.17%0.03%8.03%
201641.25%$27,0041.05%$27,1580.52%$28,5190.37%$23,2881.25%-0.10%-1.07%10.28%2.85%3.05%1.07%-4.67%5.37%-2.35%-0.19%-1.95%0.02%0.52%
201651.36%$27,3701.07%$27,4491.84%$29,0431.78%$23,7031.36%-0.16%0.84%-1.70%2.54%2.38%0.08%5.34%-0.27%2.25%-0.16%1.63%0.02%1.84%
20166-0.06%$27,3532.32%$28,0850.00%$29,0440.25%$23,762-0.06%-1.10%5.18%2.83%-2.55%0.65%0.31%-2.32%-0.31%6.92%7.17%7.67%0.03%0.00%
201674.14%$28,4862.98%$28,9234.57%$30,3713.68%$24,6364.14%4.83%-0.35%-1.92%3.91%5.42%3.84%7.57%5.51%4.26%2.69%-0.89%0.02%4.57%
201680.16%$28,531-1.13%$28,5970.11%$30,4040.13%$24,6680.16%-1.13%-0.52%1.90%3.23%-3.18%1.15%2.34%0.13%-3.76%-5.95%-5.43%0.02%0.11%
201690.10%$28,5600.03%$28,6040.42%$30,5310.01%$24,6700.10%-0.16%-1.61%3.45%-2.26%0.16%-0.12%2.45%-0.70%-1.82%0.19%0.51%0.03%0.42%
201610-2.44%$27,863-2.32%$27,940-3.07%$29,595-1.83%$24,218-2.44%-2.44%-0.78%-3.71%1.86%-7.18%-2.19%-0.54%-2.46%-5.74%-3.61%0.90%0.02%-3.07%
2016115.24%$29,3223.90%$29,0284.69%$30,9843.70%$25,1135.24%5.26%-3.76%9.76%13.84%2.68%9.74%0.53%8.37%-1.68%3.25%-4.54%0.03%4.69%
2016121.13%$29,6522.62%$29,7880.70%$31,2001.96%$25,6061.13%0.19%3.25%1.95%4.15%0.50%0.69%1.31%-0.03%4.82%7.46%4.81%0.04%0.70%
201712.01%$30,2471.46%$30,2232.96%$32,1221.88%$26,0882.01%3.77%1.31%-3.47%0.15%2.66%1.40%4.31%4.72%-0.19%0.38%1.17%0.04%2.96%
201723.13%$31,1952.72%$31,0443.05%$33,1003.96%$27,1223.13%1.76%4.46%-2.65%4.85%6.42%3.37%4.94%1.05%3.51%-2.78%4.95%0.04%3.05%
201730.02%$31,202-0.37%$30,9290.04%$33,1130.10%$27,1490.02%2.22%-0.23%-1.08%-2.73%-0.16%-0.58%2.25%0.39%-2.42%-2.11%-0.06%0.04%0.04%
201740.66%$31,4080.91%$31,2091.17%$33,5001.02%$27,4260.66%2.46%1.08%-3.49%-0.68%1.68%1.86%2.34%1.09%0.24%2.19%0.67%0.06%1.17%
201750.56%$31,5830.35%$31,3180.91%$33,8051.39%$27,8080.56%0.73%2.20%-4.05%-1.62%0.49%0.67%4.41%-0.66%-0.72%-3.06%4.00%0.07%0.91%
201761.16%$31,9510.68%$31,5290.59%$34,0040.61%$27,9781.16%-0.37%-2.23%-0.51%6.31%5.00%1.63%-2.54%2.26%2.23%-1.50%-2.37%0.08%0.59%
201771.60%$32,4611.67%$32,0571.80%$34,6172.04%$28,5501.60%1.53%0.62%2.58%1.58%0.60%0.19%4.13%1.46%1.24%2.11%2.65%0.08%1.80%
20178-1.00%$32,137-0.06%$32,037-0.61%$34,4070.29%$28,633-1.00%-1.68%-1.23%-5.57%-2.01%1.90%0.02%3.11%0.67%-0.26%-0.23%2.90%0.09%-0.61%
201792.93%$33,0802.02%$32,6852.29%$35,1952.06%$29,2232.93%1.52%-0.59%10.45%5.47%1.15%4.79%0.79%3.97%-0.11%-0.49%-2.44%0.08%2.29%
2017101.09%$33,4401.31%$33,1131.45%$35,7052.32%$29,9001.09%1.64%-1.47%-1.07%2.54%-0.75%0.66%7.40%3.69%-1.07%-3.07%3.91%0.09%1.45%
2017113.80%$34,7112.93%$34,0843.15%$36,8303.06%$30,8153.80%5.00%5.57%2.06%3.52%2.88%3.85%1.09%0.91%2.66%2.48%2.89%0.09%3.15%
2017121.24%$35,1410.74%$34,3371.04%$37,2131.10%$31,1541.24%2.30%2.05%5.39%1.47%-0.50%1.88%0.10%2.09%-0.14%0.66%-5.90%0.10%1.04%

Returns Based Style Analysis

Returns Based Style Analysis
Style CategoryPortfolio 1Portfolio 2Portfolio 3Vanguard 500 Index Investor
Large-cap Value39.05%30.12%1.11%47.32%
Large-cap Growth6.04%29.81%11.27%52.31%
Mid-cap Value23.94%22.97%31.19%0.00%
Mid-cap Growth23.05%3.03%48.49%0.00%
Small-cap Value2.36%0.38%0.00%0.00%
Small-cap Growth0.00%2.54%0.00%0.00%
Global ex-US Developed Markets2.74%1.35%6.19%0.00%
Emerging Markets2.82%4.75%1.75%0.03%
Corporate Bonds0.00%1.48%0.00%0.00%
Long-Term Treasuries0.00%3.58%0.00%0.00%
Intermediate-Term Treasuries0.00%0.00%0.00%0.34%
Short-Term Treasuries0.00%0.00%0.00%0.00%
R Squared97.65%98.44%97.94%99.91%
Style analysis is based on monthly returns from April 2005 to December 2017 and uses total portfolio return with monthly rebalancing. Returns based style analysis aims to explain the portfolio returns based on asset class exposures, it does not identify the actual portfolio holdings.

Holdings Based Style Analysis for Portfolio 1

Holdings Based Style Analysis for Portfolio 1
TickerNameCategoryWeightYieldFeesP/EReturn ContributionRisk Contribution
RSPInvesco S&P 500 Equal Weight ETFLarge Blend100.00%1.39%0.20%24.88$25,141100.00%

Asset Allocation

Equity Market Capitalization

Equity Sectors

Holdings Based Style Analysis for Portfolio 2

Holdings Based Style Analysis for Portfolio 2
TickerNameCategoryWeightYieldFeesP/EReturn ContributionRisk Contribution
VCRVanguard Consumer Discretionary ETFConsumer Cyclical9.00%0.41%0.10%33.13$2,57610.26%
VDCVanguard Consumer Staples ETFConsumer Defensive9.00%2.23%0.10%24.60$2,2705.28%
VDEVanguard Energy ETFEquity Energy9.00%3.82%0.10%$1,3659.93%
VFHVanguard Financials ETFFinancial9.00%1.70%0.10%17.90$1,84311.24%
VHTVanguard Health Care ETFHealth9.00%1.15%0.10%27.73$2,5986.58%
VISVanguard Industrials ETFIndustrials9.00%1.03%0.10%29.81$2,48210.73%
VGTVanguard Information Technology ETFTechnology9.00%0.66%0.10%34.44$3,0619.75%
VAWVanguard Materials ETFNatural Resources9.00%1.41%0.10%30.57$2,30511.87%
VNQVanguard Real Estate ETFReal Estate9.00%3.24%0.12%38.52$1,92811.98%
VOXVanguard Communication Services ETFCommunications9.00%0.66%0.10%27.86$1,6677.62%
VPUVanguard Utilities ETFUtilities9.00%2.91%0.10%25.58$2,2184.77%
CASHXCashCash1.00%0.03%$22.89-0.00%
100.00%1.73%0.10%29.01$24,337100.00%

Asset Allocation

Equity Market Capitalization

Equity Sectors

Holdings Based Style Analysis for Portfolio 3

Holdings Based Style Analysis for Portfolio 3
TickerNameCategoryWeightYieldFeesP/EReturn ContributionRisk Contribution
VOVanguard Mid-Cap ETFMid-Cap Blend100.00%1.18%0.04%27.81$27,213100.00%

Asset Allocation

Equity Market Capitalization

Equity Sectors

Fund fundamentals data as of 05/11/2021. (c) 2021 Morningstar. All Rights Reserved. The fund fundamentals information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

Portfolio return and risk metrics
MetricPortfolio 1Portfolio 2Portfolio 3Vanguard 500 Index Investor
Arithmetic Mean (monthly)0.90%0.86%0.94%0.80%
Arithmetic Mean (annualized)11.39%10.84%11.92%9.98%
Geometric Mean (monthly)0.79%0.78%0.83%0.72%
Geometric Mean (annualized)9.95%9.76%10.43%8.95%
Volatility (monthly)4.66%4.03%4.71%3.94%
Volatility (annualized)16.15%13.96%16.33%13.64%
Downside Deviation (monthly)3.09%2.75%3.20%2.69%
Max. Drawdown-55.58%-49.95%-54.01%-50.97%
US Market Correlation0.980.990.971.00
Beta(*)1.151.001.141.00
Alpha (annualized)-0.15%0.75%0.47%-0.00%
R294.54%96.20%89.96%100.00%
Sharpe Ratio0.590.650.620.61
Sortino Ratio0.890.950.900.88
Treynor Ratio (%)8.369.098.908.34
Calmar Ratio0.921.050.621.34
Active Return0.99%0.80%1.47%N/A
Tracking Error4.30%2.72%5.49%N/A
Information Ratio0.230.300.27N/A
Skewness-0.57-0.95-0.89-0.84
Excess Kurtosis3.843.513.392.55
Historical Value-at-Risk (5%)-7.03%-6.17%-7.12%-6.15%
Analytical Value-at-Risk (5%)-6.76%-5.79%-6.81%-5.68%
Conditional Value-at-Risk (5%)-10.91%-9.76%-10.77%-9.43%
Upside Capture Ratio (%)113.50102.68115.70100.00
Downside Capture Ratio (%)112.1998.83112.82100.00
Safe Withdrawal Rate9.89%10.29%10.65%9.14%
Perpetual Withdrawal Rate6.86%6.71%7.25%6.06%
Positive Periods106 out of 159 (66.67%)108 out of 159 (67.92%)103 out of 159 (64.78%)108 out of 159 (67.92%)
Gain/Loss Ratio0.850.840.920.79
* Vanguard 500 Index Investor is used as the benchmark for calculations. Value-at-risk metrics are based on monthly values.

Drawdowns for Historical Market Stress Periods

Drawdowns for Historical Market Stress Periods
Stress PeriodStartEndPortfolio 1Portfolio 2Portfolio 3Vanguard 500 Index Investor
Subprime CrisisNov 2007Mar 2009-54.30%-49.95%-53.47%-50.97%

Drawdowns for Portfolio 1

Drawdowns for Portfolio 1 (worst 10)
RankStartEndLengthRecovery ByRecovery TimeUnderwater PeriodDrawdown
1Jun 2007Feb 20091 year 9 monthsFeb 20112 years3 years 9 months-55.58%
2May 2011Sep 20115 monthsMar 20126 months11 months-19.88%
3Jun 2015Jan 20168 monthsMay 20164 months1 year-10.58%
4Apr 2012May 20122 monthsSep 20124 months6 months-7.69%
5Jan 2005Apr 20054 monthsJun 20052 months6 months-5.49%
6May 2006Jul 20063 monthsSep 20062 months5 months-4.52%
7Aug 2005Oct 20053 monthsNov 20051 month4 months-3.05%
8Jan 2014Jan 20141 monthFeb 20141 month2 months-2.96%
9Jan 2015Jan 20151 monthFeb 20151 month2 months-2.92%
10Aug 2013Aug 20131 monthSep 20131 month2 months-2.92%
Worst 10 drawdowns included above

Drawdowns for Portfolio 2

Drawdowns for Portfolio 2 (worst 10)
RankStartEndLengthRecovery ByRecovery TimeUnderwater PeriodDrawdown
1Nov 2007Feb 20091 year 4 monthsApr 20112 years 2 months3 years 6 months-49.95%
2May 2011Sep 20115 monthsFeb 20125 months10 months-16.20%
3Mar 2015Sep 20157 monthsMar 20166 months1 year 1 month-9.02%
4Jun 2007Jul 20072 monthsOct 20073 months5 months-5.52%
5Apr 2012May 20122 monthsAug 20123 months5 months-5.52%
6Mar 2005Apr 20052 monthsJun 20052 months4 months-3.53%
7Aug 2013Aug 20131 monthSep 20131 month2 months-3.41%
8Aug 2016Oct 20163 monthsNov 20161 month4 months-3.40%
9May 2006May 20061 monthAug 20063 months4 months-2.85%
10Oct 2005Oct 20051 monthNov 20051 month2 months-2.84%
Worst 10 drawdowns included above

Drawdowns for Portfolio 3

Drawdowns for Portfolio 3 (worst 10)
RankStartEndLengthRecovery ByRecovery TimeUnderwater PeriodDrawdown
1Jun 2007Feb 20091 year 9 monthsFeb 20112 years3 years 9 months-54.01%
2May 2011Sep 20115 monthsDec 20121 year 3 months1 year 8 months-21.31%
3Apr 2015Jan 201610 monthsNov 201610 months1 year 8 months-15.16%
4May 2006Jul 20063 monthsOct 20063 months6 months-6.10%
5Mar 2005Apr 20052 monthsMay 20051 month3 months-4.78%
6Oct 2005Oct 20051 monthNov 20051 month2 months-3.46%
7Sep 2014Sep 20141 monthOct 20141 month2 months-3.19%
8Jan 2005Jan 20051 monthFeb 20051 month2 months-2.86%
9Aug 2013Aug 20131 monthSep 20131 month2 months-2.60%
10Jul 2014Jul 20141 monthAug 20141 month2 months-2.48%
Worst 10 drawdowns included above

Drawdowns for Vanguard 500 Index Investor

Drawdowns for Vanguard 500 Index Investor (worst 10)
RankStartEndLengthRecovery ByRecovery TimeUnderwater PeriodDrawdown
1Nov 2007Feb 20091 year 4 monthsAug 20123 years 6 months4 years 10 months-50.97%
2Aug 2015Sep 20152 monthsMay 20168 months10 months-8.38%
3Jun 2007Jul 20072 monthsSep 20072 months4 months-4.71%
4Jan 2005Apr 20054 monthsJul 20053 months7 months-4.04%
5Jan 2014Jan 20141 monthFeb 20141 month2 months-3.47%
6Dec 2014Jan 20152 monthsFeb 20151 month3 months-3.27%
7Aug 2013Aug 20131 monthSep 20131 month2 months-2.91%
8May 2006May 20061 monthAug 20063 months4 months-2.90%
9Feb 2007Feb 20071 monthApr 20072 months3 months-1.97%
10Jun 2015Jun 20151 monthJul 20151 month2 months-1.93%
Worst 10 drawdowns included above

Portfolio Assets

Performance statistics for portfolio components
TickerNameCAGRStdevBest YearWorst YearMax. DrawdownSharpe RatioSortino RatioUS Mkt Correlation
RSPInvesco S&P 500 Equal Weight ETF9.95%16.15%44.64%-40.07%-55.58%0.590.890.98
VCRVanguard Consumer Discretionary ETF10.60%17.62%46.42%-37.84%-57.11%0.590.910.92
VDCVanguard Consumer Staples ETF10.79%10.45%28.02%-16.57%-29.37%0.921.470.78
VDEVanguard Energy ETF7.12%22.05%39.05%-39.54%-54.29%0.370.550.69
VFHVanguard Financials ETF4.81%20.46%32.85%-48.91%-74.04%0.280.370.88
VHTVanguard Health Care ETF10.89%13.22%42.67%-23.33%-35.10%0.761.150.79
VISVanguard Industrials ETF10.05%17.89%41.91%-39.79%-58.20%0.560.820.95
VGTVanguard Information Technology ETF11.93%17.56%61.89%-42.81%-50.58%0.661.010.90
VAWVanguard Materials ETF9.37%20.55%51.44%-46.47%-58.18%0.480.720.90
VNQVanguard Real Estate ETF8.76%23.16%35.30%-37.00%-68.30%0.430.610.75
VOXVanguard Communication Services ETF7.90%15.03%36.70%-38.55%-48.81%0.500.740.75
VPUVanguard Utilities ETF9.89%13.13%26.99%-27.94%-38.13%0.700.990.50
CASHXCash1.22%0.49%4.82%0.03%0.00%N/AN/A-0.05
VOVanguard Mid-Cap ETF10.43%16.33%40.44%-41.56%-54.01%0.620.900.97

Monthly Correlations

Correlations for the portfolio assets
TickerNameRSPVCRVDCVDEVFHVHTVISVGTVAWVNQVOXVPUCASHXVOPortfolio 1Portfolio 2Portfolio 3Vanguard 500 Index Investor
RSPInvesco S&P 500 Equal Weight ETF1.000.940.740.680.890.750.950.870.900.780.740.47-0.060.981.000.980.980.97
VCRVanguard Consumer Discretionary ETF0.941.000.720.510.840.690.900.850.820.740.680.35-0.110.920.940.910.920.91
VDCVanguard Consumer Staples ETF0.740.721.000.410.650.690.710.640.590.650.650.59-0.030.700.740.790.700.80
VDEVanguard Energy ETF0.680.510.411.000.490.410.640.560.750.390.520.370.080.700.680.700.700.68
VFHVanguard Financials ETF0.890.840.650.491.000.680.860.700.740.760.580.31-0.060.820.890.860.820.88
VHTVanguard Health Care ETF0.750.690.690.410.681.000.700.650.650.610.570.45-0.080.750.750.780.750.79
VISVanguard Industrials ETF0.950.900.710.640.860.701.000.820.890.710.690.39-0.030.930.950.940.930.94
VGTVanguard Information Technology ETF0.870.850.640.560.700.650.821.000.810.620.680.41-0.070.880.870.870.880.89
VAWVanguard Materials ETF0.900.820.590.750.740.650.890.811.000.630.680.360.010.910.900.900.910.88
VNQVanguard Real Estate ETF0.780.740.650.390.760.610.710.620.631.000.580.50-0.020.760.780.810.760.73
VOXVanguard Communication Services ETF0.740.680.650.520.580.570.690.680.680.581.000.540.000.730.740.790.730.75
VPUVanguard Utilities ETF0.470.350.590.370.310.450.390.410.360.500.541.000.020.490.470.570.490.51
CASHXCash-0.06-0.11-0.030.08-0.06-0.08-0.03-0.070.01-0.020.000.021.00-0.05-0.06-0.03-0.05-0.05
VOVanguard Mid-Cap ETF0.980.920.700.700.820.750.930.880.910.760.730.49-0.051.000.980.971.000.95

Portfolio Return Decomposition

Portfolio return decomposition
TickerNamePortfolio 1Portfolio 2Portfolio 3
RSPInvesco S&P 500 Equal Weight ETF$25,141
VCRVanguard Consumer Discretionary ETF$2,576
VDCVanguard Consumer Staples ETF$2,270
VDEVanguard Energy ETF$1,365
VFHVanguard Financials ETF$1,843
VHTVanguard Health Care ETF$2,598
VISVanguard Industrials ETF$2,482
VGTVanguard Information Technology ETF$3,061
VAWVanguard Materials ETF$2,305
VNQVanguard Real Estate ETF$1,928
VOXVanguard Communication Services ETF$1,667
VPUVanguard Utilities ETF$2,218
CASHXCash$22.89
VOVanguard Mid-Cap ETF$27,213

Portfolio Risk Decomposition

Portfolio risk decomposition
TickerNamePortfolio 1Portfolio 2Portfolio 3
RSPInvesco S&P 500 Equal Weight ETF100.00%
VCRVanguard Consumer Discretionary ETF10.26%
VDCVanguard Consumer Staples ETF5.28%
VDEVanguard Energy ETF9.93%
VFHVanguard Financials ETF11.24%
VHTVanguard Health Care ETF6.58%
VISVanguard Industrials ETF10.73%
VGTVanguard Information Technology ETF9.75%
VAWVanguard Materials ETF11.87%
VNQVanguard Real Estate ETF11.98%
VOXVanguard Communication Services ETF7.62%
VPUVanguard Utilities ETF4.77%
CASHXCash-0.00%
VOVanguard Mid-Cap ETF100.00%

Annual Asset Returns

Rolling returns summary
Roll PeriodPortfolio 1Portfolio 2Portfolio 3Vanguard 500 Index Investor
AverageHighLowAverageHighLowAverageHighLowAverageHighLow
1 year11.09%79.06%-47.46%10.54%57.25%-42.92%11.41%69.25%-46.45%9.69%53.61%-43.32%
3 years8.88%33.05%-18.35%8.59%27.67%-13.56%8.92%31.68%-17.29%7.87%25.43%-15.18%
5 years10.14%28.31%-0.24%9.41%23.83%0.59%10.03%27.23%-0.24%8.66%22.85%-1.26%
7 years10.12%20.10%3.91%9.52%17.49%4.92%10.05%19.02%4.45%8.72%17.12%2.20%
10 years8.40%9.85%6.90%8.15%9.67%7.05%8.39%10.35%6.48%7.36%8.37%6.32%