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.

$ .00
$ .00
%
%
%
Portfolio Assets 
Asset 1
%
%
%
Asset 2
%
%
%
Asset 3
%
%
%
Asset 4
%
%
%
Asset 5
%
%
%
Asset 6
%
%
%
Asset 7
%
%
%
Asset 8
%
%
%
Asset 9
%
%
%
Asset 10
%
%
%
Total
%
%
%

Portfolio Analysis Results (Jan 1987 - Sep 2020)

Portfolio Allocations

Portfolio 1
Ticker Name Allocation
VWINX Vanguard Wellesley Income Inv 100.00%
Save portfolio »
Portfolio 2
Ticker Name Allocation
VFINX Vanguard 500 Index Investor 25.00%
^GOLD Gold Price Index 25.00%
FIGTX Federated Hermes Short-Interm Govt IS 20.00%
CASHX Cash 5.00%
VUSTX Vanguard Long-Term Treasury Inv 25.00%
Save portfolio »
Portfolio 3
Ticker Name Allocation
VWINX Vanguard Wellesley Income Inv 50.00%
VFINX Vanguard 500 Index Investor 12.50%
^GOLD Gold Price Index 12.50%
FIGTX Federated Hermes Short-Interm Govt IS 10.00%
CASHX Cash 2.50%
VUSTX Vanguard Long-Term Treasury Inv 12.50%
Save portfolio »

Portfolio Returns

Portfolio performance statistics
PortfolioInitial BalanceFinal BalanceCAGRStdevBest YearWorst YearMax. DrawdownSharpe RatioSortino RatioUS Mkt Correlation
Portfolio 1$10,000$159,457 8.55% 6.41%28.91%-9.84%-18.82% 0.841.360.70
Portfolio 2$10,000$114,932 7.50% 6.08%20.13%-3.07%-13.12% 0.721.170.52
Portfolio 3$10,000$137,425 8.07% 5.69%24.52%-5.09%-12.60% 0.861.420.67
   

Trailing Returns

Trailing Returns
Name3 MonthYTD1 year3 year5 year10 yearFull
Portfolio 12.31%2.72%5.19%6.29%7.31%7.34%8.55%
Portfolio 23.81%14.08%16.05%10.40%8.95%6.84%7.50%
Portfolio 33.10%8.40%10.64%8.37%8.16%7.12%8.07%
Trailing returns are for full months ending in September 2020 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 2020 are based on monthly returns from January to September
  • 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
Annual returns for the configured portfolios
YearInflationReturnBalanceVanguard Wellesley Income Inv (VWINX)Vanguard 500 Index Investor (VFINX)Gold Price Index (^GOLD)Federated Hermes Short-Interm Govt IS (FIGTX)Cash (CASHX)Vanguard Long-Term Treasury Inv (VUSTX)
Portfolio 1Portfolio 2Portfolio 3Portfolio 1Portfolio 2Portfolio 3
19874.43%-1.92%7.65%2.87%$9,808$10,765$10,287-1.92%4.71%24.53%3.88%5.93%-2.92%
19884.42%13.61%3.92%8.77%$11,143$11,187$11,18913.61%16.22%-15.26%5.27%6.80%9.15%
19894.65%20.93%14.46%17.69%$13,476$12,804$13,16820.93%31.36%-2.84%12.05%8.61%17.93%
19906.11%3.76%2.11%2.93%$13,982$13,075$13,5553.76%-3.32%-3.11%9.40%7.89%5.78%
19913.06%21.57%12.75%17.16%$16,998$14,742$15,88021.57%30.22%-8.56%13.45%5.71%17.43%
19922.90%8.67%3.78%6.23%$18,472$15,300$16,8708.67%7.42%-5.73%6.66%3.57%7.41%
19932.75%14.65%12.66%13.66%$21,179$17,237$19,17314.65%9.89%17.68%7.10%3.05%16.79%
19942.67%-4.44%-2.18%-3.31%$20,239$16,861$18,539-4.44%1.18%-2.17%-1.92%4.20%-7.04%
19952.54%28.91%20.13%24.52%$26,090$20,255$23,08428.91%37.45%0.98%13.57%5.71%30.09%
19963.32%9.42%5.23%7.33%$28,548$21,315$24,7769.42%22.88%-4.59%3.58%5.17%-1.26%
19971.70%20.19%8.11%14.15%$34,312$23,042$28,28120.19%33.19%-21.41%7.12%5.22%13.90%
19981.61%11.84%12.08%11.96%$38,375$25,826$31,66411.84%28.62%-0.83%8.11%4.97%13.05%
19992.68%-4.14%3.45%-0.34%$36,788$26,717$31,555-4.14%21.07%0.85%-0.52%4.77%-8.66%
20003.39%16.17%3.64%9.90%$42,737$27,689$34,68116.17%-9.06%-5.44%10.16%5.99%19.72%
20011.55%7.39%0.11%3.75%$45,893$27,719$35,9807.39%-12.02%0.75%8.33%3.70%4.31%
20022.38%4.64%7.09%5.87%$48,024$29,685$38,0914.64%-22.15%25.57%9.92%1.65%16.67%
20031.88%9.66%13.26%11.46%$52,661$33,622$42,4569.66%28.50%19.89%2.22%1.04%2.68%
20043.26%7.55%6.01%6.78%$56,639$35,644$45,3367.55%10.74%4.65%1.60%1.32%7.12%
20053.42%3.48%7.62%5.55%$58,611$38,359$47,8523.48%4.77%17.77%0.87%3.14%6.61%
20062.54%11.28%11.05%11.17%$65,221$42,599$53,19611.28%15.64%23.20%3.34%4.82%1.74%
20074.08%5.61%13.70%9.65%$68,877$48,436$58,3315.61%5.39%31.92%9.18%4.56%9.24%
20080.09%-9.84%-0.34%-5.09%$62,098$48,270$55,361-9.84%-37.02%4.32%10.64%1.53%22.52%
20092.72%16.02%9.93%12.98%$72,049$53,064$62,54516.02%26.49%25.04%0.28%0.16%-12.05%
20101.50%10.65%14.13%12.39%$79,720$60,562$70,29410.65%14.91%29.24%4.26%0.14%8.93%
20112.96%9.63%10.98%10.30%$87,396$67,212$77,5379.63%1.97%8.93%4.67%0.07%29.28%
20121.74%10.06%7.12%8.59%$96,184$72,000$84,19710.06%15.82%8.26%1.16%0.08%3.47%
20131.50%9.19%-2.41%3.39%$105,021$70,264$87,0509.19%32.18%-27.33%-1.84%0.05%-13.03%
20140.76%8.07%9.90%8.98%$113,491$77,218$94,8688.07%13.51%0.12%0.83%0.03%25.28%
20150.73%1.28%-3.07%-0.90%$114,940$74,848$94,0171.28%1.25%-12.11%0.13%0.05%-1.54%
20162.07%8.08%5.45%6.77%$124,227$78,930$100,3808.08%11.82%8.10%0.80%0.30%1.20%
20172.11%10.20%10.83%10.51%$136,895$87,478$110,93310.20%21.67%12.66%0.28%0.88%8.58%
20181.91%-2.57%-1.56%-2.06%$133,374$86,116$108,644-2.57%-4.52%-0.93%0.94%1.90%-1.90%
20192.29%16.39%16.99%16.69%$155,237$100,750$126,77816.39%31.33%18.43%4.57%2.13%14.13%
20201.29%2.72%14.08%8.40%$159,457$114,932$137,4252.72%5.47%24.57%5.85%0.42%21.51%
Annual returns for 2020 are based on partial year data
Monthly returns for the configured portfolios
YearMonthReturnBalanceVanguard Wellesley Income Inv (VWINX)Vanguard 500 Index Investor (VFINX)Gold Price Index (^GOLD)Federated Hermes Short-Interm Govt IS (FIGTX)Cash (CASHX)Vanguard Long-Term Treasury Inv (VUSTX)
Portfolio 1Portfolio 2Portfolio 3Portfolio 1Portfolio 2Portfolio 3
198714.61%4.58%4.59%$10,461$10,458$10,4594.61%13.27%3.02%0.77%0.48%1.30%
198720.12%1.76%0.94%$10,473$10,642$10,5580.12%3.97%1.34%0.41%0.47%1.07%
19873-0.90%1.34%0.23%$10,379$10,785$10,582-0.90%2.86%3.73%-0.03%0.46%-1.58%
19874-4.27%0.14%-2.02%$9,935$10,801$10,368-4.27%-0.99%7.66%-2.14%0.47%-4.80%
19875-0.69%-0.11%-0.39%$9,866$10,789$10,328-0.69%1.04%-0.50%0.27%0.47%-1.50%
198762.58%1.75%2.15%$10,121$10,977$10,5492.58%5.02%-0.82%1.18%0.48%1.44%
19877-0.19%2.16%1.04%$10,102$11,215$10,659-0.19%4.91%3.40%0.38%0.48%-1.11%
198781.13%0.29%0.69%$10,217$11,247$10,7321.13%3.84%-1.97%-0.14%0.51%-1.56%
19879-2.43%-1.30%-1.84%$9,968$11,102$10,535-2.43%-2.29%1.35%-1.09%0.53%-3.72%
198710-2.60%-4.38%-3.53%$9,709$10,616$10,162-2.60%-21.73%2.02%2.82%0.56%5.84%
198711-0.80%-0.40%-0.59%$9,631$10,573$10,102-0.80%-8.19%5.06%0.40%0.44%0.47%
1987121.84%1.82%1.83%$9,808$10,765$10,2871.84%7.55%-1.71%1.05%0.44%1.60%
198816.31%1.36%3.83%$10,427$10,911$10,6816.31%4.17%-5.39%2.38%0.48%4.65%
198821.44%0.06%0.76%$10,577$10,917$10,7631.44%4.59%-6.95%0.87%0.47%1.16%
19883-2.19%0.11%-1.08%$10,345$10,929$10,646-2.19%-3.04%7.23%-0.41%0.47%-2.24%
19884-0.54%-0.44%-0.49%$10,289$10,881$10,594-0.54%1.01%-1.74%-0.14%0.48%-1.14%
198850.61%0.06%0.34%$10,352$10,887$10,6300.61%0.81%1.45%-0.54%0.50%-1.59%
198863.36%1.58%2.49%$10,700$11,059$10,8953.36%4.56%-4.16%1.42%0.54%4.09%
19887-0.20%-0.59%-0.39%$10,679$10,993$10,852-0.20%-0.37%0.06%-0.23%0.55%-1.90%
198880.00%-1.28%-0.62%$10,679$10,852$10,7850.00%-3.40%-2.07%-0.13%0.59%0.40%
198893.00%0.91%2.00%$11,000$10,951$11,0003.00%4.26%-7.26%1.66%0.62%3.86%
1988101.90%2.49%2.18%$11,209$11,224$11,2401.90%2.73%3.96%1.25%0.61%2.45%
198811-0.84%-0.55%-0.70%$11,115$11,162$11,162-0.84%-1.47%2.47%-0.88%0.62%-1.88%
1988120.26%0.22%0.24%$11,143$11,187$11,1890.26%1.74%-2.92%-0.04%0.66%1.29%
198913.15%1.55%2.35%$11,494$11,360$11,4513.15%7.32%-3.96%0.81%0.68%2.05%
19892-1.21%-1.55%-1.38%$11,355$11,184$11,293-1.21%-2.47%-1.78%-0.42%0.71%-1.71%
198931.48%0.69%1.09%$11,524$11,262$11,4171.48%2.26%-0.98%0.39%0.74%0.86%
198942.77%2.12%2.45%$11,844$11,501$11,6972.77%5.18%-1.47%1.99%0.75%2.59%
198953.26%1.35%2.32%$12,230$11,656$11,9693.26%4.04%-4.17%1.80%0.71%3.11%
198962.49%2.63%2.56%$12,534$11,963$12,2752.49%-0.59%3.10%2.70%0.73%6.07%
198973.68%3.16%3.42%$12,995$12,340$12,6953.68%9.01%-1.26%1.95%0.67%2.06%
19898-0.52%-0.95%-0.73%$12,927$12,223$12,602-0.52%1.86%-2.31%-1.44%0.66%-2.90%
198990.35%0.40%0.37%$12,973$12,271$12,6490.35%-0.40%1.86%0.36%0.67%0.15%
1989101.07%1.26%1.16%$13,111$12,425$12,7951.07%-2.34%2.40%2.15%0.67%3.88%
1989111.35%2.80%2.05%$13,288$12,773$13,0581.35%2.04%8.75%0.86%0.66%0.83%
1989121.42%0.24%0.84%$13,476$12,804$13,1681.42%2.38%-2.34%0.36%0.64%-0.05%
19901-3.09%-1.65%-2.37%$13,060$12,594$12,856-3.09%-6.72%4.13%-0.57%0.64%-3.67%
199020.86%-0.18%0.34%$13,172$12,572$12,9000.86%1.27%-1.77%0.18%0.65%-0.32%
199030.23%-1.90%-0.84%$13,202$12,333$12,7920.23%2.61%-9.61%0.04%0.66%-0.26%
19904-2.48%-1.41%-1.95%$12,875$12,159$12,542-2.48%-2.50%-0.20%-0.30%0.66%-2.84%
199054.77%3.67%4.22%$13,489$12,605$13,0724.77%9.69%-1.28%2.06%0.66%4.49%
199060.62%0.02%0.32%$13,572$12,607$13,1140.62%-0.66%-2.99%1.38%0.65%2.28%
199070.61%1.71%1.16%$13,655$12,823$13,2650.61%-0.35%5.71%1.49%0.65%0.70%
19908-3.97%-2.43%-3.20%$13,114$12,511$12,840-3.97%-9.03%4.15%-0.28%0.63%-4.25%
19909-0.43%0.65%0.11%$13,057$12,593$12,855-0.43%-4.89%5.33%0.84%0.62%1.15%
1990101.36%-1.05%0.15%$13,235$12,460$12,8731.36%-0.41%-7.08%1.49%0.60%2.15%
1990113.46%3.31%3.39%$13,693$12,872$13,3093.46%6.44%1.41%1.36%0.60%4.60%
1990122.11%1.57%1.84%$13,982$13,075$13,5552.11%2.72%0.35%1.37%0.59%2.05%
199111.25%0.29%0.77%$14,157$13,113$13,6591.25%4.35%-5.23%1.05%0.54%1.09%
199122.53%1.89%2.21%$14,515$13,360$13,9612.53%7.12%-0.90%0.48%0.52%0.50%
199131.39%0.41%0.90%$14,716$13,415$14,0871.39%2.41%-1.94%0.53%0.51%0.27%
199141.09%0.73%0.91%$14,876$13,513$14,2151.09%0.20%0.59%1.01%0.48%1.28%
199151.31%1.46%1.39%$15,071$13,710$14,4121.31%4.27%0.74%0.62%0.46%-0.14%
19916-1.35%-0.96%-1.16%$14,868$13,579$14,245-1.35%-4.56%2.21%0.09%0.47%-0.78%
199172.49%1.53%2.02%$15,238$13,787$14,5322.49%4.63%-1.49%1.03%0.47%1.53%
199182.37%0.96%1.68%$15,599$13,919$14,7762.37%2.33%-4.26%1.83%0.47%3.49%
199191.92%1.04%1.49%$15,898$14,064$14,9961.92%-1.67%2.16%1.49%0.45%2.95%
1991101.62%0.79%1.21%$16,155$14,174$15,1781.62%1.33%0.72%1.29%0.43%-0.08%
199111-0.28%-0.32%-0.30%$16,109$14,129$15,132-0.28%-4.01%2.48%1.25%0.40%0.02%
1991125.52%4.34%4.95%$16,998$14,742$15,8805.52%11.41%-3.59%2.04%0.37%6.26%
19921-2.82%-1.34%-2.08%$16,519$14,544$15,550-2.82%-1.88%0.27%-0.74%0.33%-3.21%
19922-0.06%0.46%0.20%$16,509$14,612$15,582-0.06%1.24%-0.28%0.25%0.32%0.64%
19923-0.57%-1.63%-1.10%$16,416$14,373$15,410-0.57%-1.93%-3.23%-0.40%0.33%-1.10%
199242.04%0.56%1.29%$16,750$14,453$15,6092.04%2.91%-1.57%1.07%0.34%-0.07%
199252.11%1.15%1.63%$17,104$14,619$15,8642.11%0.48%0.34%1.28%0.31%2.70%
199261.07%0.63%0.85%$17,287$14,712$15,9991.07%-1.49%1.75%1.44%0.31%1.12%
199273.99%3.45%3.72%$17,977$15,219$16,5953.99%4.04%4.21%1.92%0.30%4.02%
199280.49%-1.36%-0.43%$18,064$15,012$16,5240.49%-2.07%-4.99%0.94%0.27%0.71%
199291.03%1.55%1.28%$18,251$15,244$16,7361.03%1.17%2.65%1.29%0.26%1.36%
199210-1.51%-1.32%-1.42%$17,974$15,043$16,499-1.51%0.33%-2.79%-1.24%0.23%-1.89%
1992110.66%0.54%0.60%$18,093$15,124$16,5980.66%3.40%-1.49%-0.51%0.25%0.50%
1992122.10%1.16%1.64%$18,472$15,300$16,8702.10%1.21%-0.39%1.23%0.27%2.63%
199311.93%1.10%1.51%$18,829$15,468$17,1251.93%0.81%-0.74%1.79%0.26%2.85%
199323.35%1.20%2.28%$19,459$15,653$17,5153.35%1.36%-0.86%1.22%0.24%3.20%
199331.41%1.40%1.41%$19,734$15,873$17,7621.41%2.11%3.11%0.31%0.25%0.19%
199340.10%0.96%0.53%$19,755$16,025$17,8550.10%-2.42%4.88%0.85%0.24%0.76%
199350.52%2.34%1.42%$19,858$16,400$18,1090.52%2.65%6.53%-0.36%0.24%0.38%
199362.36%1.41%1.88%$20,326$16,631$18,4502.36%0.27%0.26%1.11%0.26%4.17%
199370.98%1.91%1.44%$20,525$16,949$18,7160.98%-0.42%6.16%0.16%0.25%1.39%
199383.42%0.12%1.77%$21,227$16,969$19,0483.42%3.79%-7.52%1.28%0.25%3.99%
199390.65%-1.12%-0.22%$21,365$16,780$19,0070.65%-0.79%-4.32%0.34%0.25%0.33%
1993100.45%1.68%1.05%$21,461$17,062$19,2060.45%2.08%3.97%0.16%0.24%0.62%
199311-2.23%-0.87%-1.56%$20,983$16,914$18,906-2.23%-1.00%0.35%-0.31%0.25%-2.48%
1993120.93%1.91%1.41%$21,179$17,237$19,1730.93%1.22%5.62%0.35%0.26%0.42%
199411.87%0.69%1.28%$21,575$17,356$19,4191.87%3.38%-3.54%0.81%0.25%2.23%
19942-2.96%-1.72%-2.34%$20,936$17,058$18,964-2.96%-2.71%0.97%-1.26%0.25%-3.99%
19943-3.36%-1.77%-2.56%$20,232$16,756$18,478-3.36%-4.39%2.00%-1.06%0.28%-3.82%
199440.06%-0.97%-0.46%$20,244$16,593$18,3920.06%1.29%-3.28%-0.79%0.29%-1.29%
199450.72%1.07%0.90%$20,389$16,770$18,5570.72%1.60%2.96%0.10%0.32%-0.47%
19946-1.12%-0.73%-0.93%$20,161$16,647$18,385-1.12%-2.45%0.17%0.10%0.35%-0.81%
199472.60%1.48%2.04%$20,685$16,894$18,7592.60%3.28%-1.09%1.11%0.35%2.94%
199480.94%1.06%1.00%$20,878$17,073$18,9460.94%4.08%0.46%0.25%0.36%-0.67%
19949-2.72%-0.89%-1.80%$20,310$16,921$18,604-2.72%-2.45%2.36%-0.71%0.38%-3.00%
1994100.00%-0.20%-0.10%$20,310$16,887$18,5850.00%2.25%-2.79%-0.01%0.39%-0.36%
199411-1.37%-0.97%-1.17%$20,032$16,723$18,369-1.37%-3.65%-0.20%-0.60%0.42%0.62%
1994121.03%0.82%0.93%$20,239$16,861$18,5391.03%1.46%0.04%0.15%0.47%1.62%
199512.87%1.09%1.98%$20,821$17,045$18,9072.87%2.58%-2.18%1.57%0.47%2.62%
199523.08%2.18%2.63%$21,462$17,416$19,4043.08%3.88%0.40%1.89%0.49%2.73%
199531.06%2.07%1.56%$21,690$17,777$19,7071.06%2.95%4.14%0.56%0.48%0.72%
199541.95%1.27%1.61%$22,112$18,002$20,0241.95%2.94%-0.57%1.02%0.48%1.65%
199555.51%3.16%4.35%$23,330$18,572$20,8955.51%3.95%-1.40%2.68%0.48%7.52%
199560.87%1.20%1.03%$23,534$18,794$21,1110.87%2.31%0.72%0.51%0.47%1.13%
199570.21%0.35%0.28%$23,583$18,861$21,1700.21%3.30%-0.96%0.14%0.46%-1.40%
199581.66%0.70%1.19%$23,974$18,993$21,4221.66%0.26%-0.26%0.70%0.46%2.05%
199592.31%1.87%2.09%$24,527$19,348$21,8702.31%4.21%0.43%0.59%0.44%1.81%
1995100.76%0.82%0.79%$24,713$19,507$22,0430.76%-0.36%-0.35%1.07%0.44%2.97%
1995112.81%2.37%2.60%$25,408$19,970$22,6152.81%4.38%1.35%1.13%0.45%2.31%
1995122.68%1.43%2.07%$26,090$20,255$23,0842.68%1.93%-0.21%0.95%0.45%2.70%
199610.93%2.24%1.58%$26,333$20,708$23,4500.93%3.39%4.79%0.93%0.42%-0.05%
19962-2.18%-1.47%-1.82%$25,758$20,404$23,023-2.18%0.92%-1.21%-1.06%0.41%-4.93%
199630.03%-0.58%-0.28%$25,767$20,284$22,9590.03%0.98%-1.07%-0.59%0.41%-1.98%
19964-0.61%-0.40%-0.50%$25,611$20,203$22,843-0.61%1.46%-1.27%-0.33%0.42%-1.78%
199650.30%0.53%0.42%$25,689$20,309$22,9380.30%2.54%-0.19%-0.12%0.42%-0.46%
199661.33%0.24%0.78%$26,031$20,359$23,1181.33%0.38%-2.19%0.93%0.42%2.14%
19967-0.91%-0.93%-0.92%$25,794$20,168$22,904-0.91%-4.42%0.86%0.27%0.42%-0.05%
199680.92%0.36%0.64%$26,031$20,242$23,0510.92%2.10%0.30%0.07%0.44%-1.29%
199692.89%1.95%2.42%$26,784$20,637$23,6092.89%5.61%-1.93%1.32%0.43%2.79%
1996104.14%2.04%3.10%$27,893$21,057$24,3404.14%2.76%0.13%1.61%0.41%3.88%
1996113.64%2.61%3.14%$28,910$21,608$25,1033.64%7.56%-2.16%1.11%0.42%3.24%
199612-1.25%-1.36%-1.30%$28,548$21,315$24,776-1.25%-1.96%-0.55%-0.58%0.42%-2.38%
199711.32%-0.12%0.60%$28,924$21,289$24,9241.32%6.22%-6.43%0.38%0.43%-0.65%
199720.67%1.10%0.89%$29,119$21,523$25,1450.67%0.79%3.79%0.05%0.42%-0.11%
19973-2.55%-2.45%-2.50%$28,375$20,995$24,515-2.55%-4.14%-2.91%-0.58%0.43%-2.29%
199742.16%1.81%1.99%$28,986$21,376$25,0022.16%5.96%-2.30%1.05%0.44%2.35%
199752.65%2.41%2.53%$29,754$21,892$25,6352.65%6.09%1.60%0.65%0.43%0.98%
199762.20%1.14%1.67%$30,408$22,143$26,0642.20%4.45%-3.20%0.85%0.40%1.78%
199775.97%3.48%4.74%$32,224$22,914$27,3015.97%7.97%-2.45%1.91%0.43%5.34%
19978-2.28%-2.47%-2.38%$31,489$22,347$26,652-2.28%-5.61%-0.31%-0.47%0.43%-2.57%
199793.71%2.92%3.32%$32,655$23,000$27,5383.71%5.47%2.07%1.03%0.43%2.63%
1997100.67%-1.32%-0.30%$32,874$22,696$27,4560.67%-3.35%-6.23%1.13%0.41%2.99%
1997112.40%0.79%1.62%$33,662$22,875$27,9022.40%4.60%-4.69%0.08%0.43%1.27%
1997121.93%0.73%1.36%$34,312$23,042$28,2811.93%1.72%-2.22%0.84%0.43%1.66%
199810.78%2.32%1.55%$34,578$23,577$28,7190.78%1.11%5.05%1.41%0.44%1.91%
199821.23%0.92%1.07%$35,002$23,794$29,0271.23%7.19%-2.44%-0.33%0.43%-0.75%
199832.56%1.75%2.15%$35,898$24,210$29,6512.56%5.10%1.21%0.27%0.44%0.14%
199840.00%1.27%0.64%$35,898$24,518$29,8400.00%1.01%3.22%0.45%0.42%0.40%
199850.81%-1.27%-0.24%$36,187$24,205$29,7680.81%-1.74%-5.50%0.65%0.41%1.83%
199861.11%2.02%1.57%$36,590$24,694$30,2341.11%4.07%0.92%0.53%0.41%2.35%
19987-1.29%-0.91%-1.10%$36,118$24,470$29,902-1.29%-1.05%-2.51%0.45%0.42%-0.51%
19988-2.39%-3.62%-3.01%$35,256$23,584$29,003-2.39%-14.47%-5.35%1.94%0.42%4.83%
199895.49%4.66%5.08%$37,193$24,682$30,4755.49%6.41%7.48%2.27%0.40%3.29%
1998100.31%1.53%0.91%$37,308$25,059$30,7530.31%8.16%-0.53%0.33%0.36%-1.69%
1998112.38%1.95%2.17%$38,197$25,547$31,4202.38%6.07%0.82%-0.42%0.36%0.88%
1998120.46%1.09%0.78%$38,375$25,826$31,6640.46%5.81%-2.34%0.31%0.37%-0.16%
19991-0.54%1.18%0.32%$38,167$26,132$31,765-0.54%4.20%-0.83%0.39%0.37%0.98%
19992-2.86%-2.16%-2.51%$37,074$25,566$30,968-2.86%-3.12%0.58%-1.68%0.37%-4.76%
199930.81%0.44%0.62%$37,374$25,678$31,1600.81%4.00%-2.65%0.75%0.38%-0.34%
199943.22%1.74%2.48%$38,579$26,126$31,9323.22%3.85%2.56%0.18%0.37%0.19%
19995-0.69%-2.75%-1.72%$38,313$25,406$31,381-0.69%-2.39%-6.28%-0.93%0.37%-1.68%
19996-0.07%0.66%0.29%$38,285$25,573$31,472-0.07%5.56%-2.83%0.29%0.38%-1.05%
19997-1.64%-1.51%-1.58%$37,657$25,186$30,975-1.64%-3.13%-2.07%-0.18%0.39%-0.58%
19998-0.95%-0.26%-0.61%$37,297$25,120$30,787-0.95%-0.50%-0.31%0.22%0.39%-0.49%
19999-0.53%3.60%1.54%$37,100$26,025$31,260-0.53%-2.74%17.35%0.89%0.41%0.91%
1999100.88%1.72%1.31%$37,427$26,473$31,6690.88%6.33%0.03%0.05%0.40%0.12%
199911-0.68%-0.23%-0.45%$37,173$26,412$31,527-0.68%2.02%-2.59%-0.05%0.42%-0.59%
199912-1.04%1.15%0.09%$36,788$26,717$31,555-1.04%5.98%-0.38%-0.41%0.43%-1.60%
20001-1.01%-1.62%-1.32%$36,417$26,283$31,140-1.01%-5.03%-2.39%-0.51%0.43%1.25%
20002-3.00%1.38%-0.82%$35,324$26,645$30,885-3.00%-1.91%3.65%0.72%0.47%2.96%
200035.61%1.90%3.72%$37,305$27,150$32,0335.61%9.76%-5.76%1.16%0.47%3.14%
200040.16%-1.07%-0.46%$37,364$26,859$31,8860.16%-3.01%-0.61%-0.12%0.48%-0.66%
200051.27%-0.78%0.25%$37,840$26,649$31,9661.27%-2.04%-1.02%0.29%0.48%-0.46%
20006-0.63%2.95%1.13%$37,600$27,436$32,328-0.63%2.49%5.84%1.66%0.46%2.30%
200071.98%-0.78%0.59%$38,342$27,221$32,5201.98%-1.49%-3.96%0.59%0.48%1.49%
200082.93%2.32%2.63%$39,467$27,852$33,3742.93%6.19%0.09%1.07%0.51%2.08%
200091.80%-1.59%0.13%$40,176$27,409$33,4171.80%-5.29%-1.21%1.05%0.52%-0.85%
2000101.27%-0.30%0.51%$40,684$27,327$33,5871.27%-0.43%-3.34%0.58%0.51%1.57%
2000111.20%-0.35%0.46%$41,173$27,232$33,7401.20%-7.88%1.74%1.43%0.52%2.99%
2000123.80%1.68%2.79%$42,737$27,689$34,6813.80%0.50%1.99%1.81%0.51%2.45%
200110.25%0.36%0.30%$42,842$27,787$34,7850.25%3.55%-3.63%1.40%0.48%0.28%
200121.23%-1.51%-0.14%$43,367$27,369$34,7361.23%-9.14%0.83%0.89%0.41%1.80%
20013-0.07%-2.33%-1.19%$43,335$26,732$34,324-0.07%-6.36%-3.37%0.73%0.40%-0.60%
200141.88%1.57%1.73%$44,149$27,151$34,9171.88%7.77%2.11%-0.30%0.35%-2.56%
200151.02%0.72%0.87%$44,600$27,347$35,2221.02%0.65%1.65%0.44%0.32%0.21%
20016-0.18%-0.03%-0.11%$44,520$27,339$35,185-0.18%-2.45%1.16%0.34%0.30%0.76%
200171.80%0.64%1.24%$45,322$27,514$35,6201.80%-1.00%-1.74%1.82%0.30%3.61%
200180.67%-0.10%0.30%$45,625$27,487$35,7260.67%-6.27%2.67%0.78%0.29%2.02%
20019-0.56%0.84%0.12%$45,371$27,719$35,768-0.56%-8.09%7.36%2.40%0.28%0.88%
2001100.43%0.74%0.58%$45,569$27,924$35,9770.43%1.90%-4.90%1.37%0.20%5.12%
2001110.14%-0.40%-0.12%$45,635$27,813$35,9340.14%7.65%-1.17%-1.12%0.17%-5.07%
2001120.57%-0.34%0.13%$45,893$27,719$35,9800.57%0.87%0.36%-0.66%0.15%-1.82%
200210.45%0.56%0.51%$46,101$27,874$36,1620.45%-1.47%2.10%0.48%0.14%1.20%
200221.65%1.33%1.49%$46,861$28,245$36,7011.65%-1.94%5.15%0.89%0.14%1.24%
20023-0.10%0.01%-0.04%$46,816$28,249$36,686-0.10%3.74%1.53%-1.58%0.15%-3.86%
200240.70%0.40%0.55%$47,142$28,363$36,8880.70%-6.07%2.26%1.96%0.15%3.73%
200251.33%1.71%1.52%$47,771$28,848$37,4491.33%-0.75%5.97%0.77%0.15%0.39%
20026-0.93%-1.63%-1.28%$47,328$28,378$36,970-0.93%-7.13%-2.48%1.20%0.14%1.76%
20027-2.09%-1.67%-1.88%$46,338$27,904$36,274-2.09%-7.72%-4.35%2.15%0.14%2.93%
200280.86%2.23%1.55%$46,738$28,527$36,8360.86%0.65%2.68%1.06%0.14%4.28%
20029-2.67%0.29%-1.18%$45,489$28,609$36,399-2.67%-10.87%3.48%1.73%0.14%4.02%
2002102.31%0.13%1.20%$46,538$28,648$36,8362.31%8.78%-2.10%-0.01%0.13%-2.84%
2002112.36%0.83%1.59%$47,635$28,887$37,4212.36%5.88%0.68%-0.96%0.12%-0.98%
2002120.82%2.76%1.79%$48,024$29,685$38,0910.82%-5.89%8.82%1.91%0.10%4.05%
20031-1.56%0.66%-0.45%$47,276$29,881$37,920-1.56%-2.62%5.85%-0.19%0.10%-0.45%
200320.10%-0.80%-0.36%$47,324$29,641$37,7850.10%-1.52%-5.46%1.24%0.10%3.03%
20033-0.11%-0.97%-0.54%$47,274$29,352$37,580-0.11%0.96%-3.63%-0.05%0.10%-1.13%
200343.40%2.44%2.92%$48,883$30,068$38,6783.40%8.25%0.57%0.22%0.09%0.91%
200354.24%4.87%4.55%$50,956$31,533$40,4404.24%5.26%7.32%1.60%0.09%5.67%
200360.18%-1.12%-0.47%$51,048$31,180$40,2500.18%1.26%-4.26%-0.15%0.09%-1.48%
20037-3.38%-1.55%-2.47%$49,325$30,695$39,255-3.38%1.74%2.53%-2.29%0.07%-8.57%
200380.40%2.34%1.37%$49,522$31,414$39,7950.40%1.93%5.88%0.10%0.08%1.43%
200391.72%2.15%1.94%$50,373$32,091$40,5671.72%-1.07%3.30%2.20%0.08%5.07%
2003100.44%0.57%0.51%$50,597$32,275$40,7740.44%5.64%-0.45%-0.99%0.08%-2.58%
2003110.54%1.09%0.82%$50,871$32,628$41,1090.54%0.86%3.13%-0.14%0.08%0.31%
2003123.52%3.05%3.28%$52,661$33,622$42,4563.52%5.22%4.49%0.74%0.08%1.23%
200410.48%-0.01%0.24%$52,913$33,620$42,5570.48%1.82%-3.96%0.45%0.08%1.74%
200421.38%0.81%1.10%$53,643$33,893$43,0231.38%1.38%-0.98%0.96%0.08%1.96%
200430.32%1.77%1.05%$53,817$34,494$43,4730.32%-1.51%7.04%0.63%0.08%1.45%
20044-2.17%-4.34%-3.26%$52,649$32,997$42,057-2.17%-1.58%-8.31%-2.40%0.08%-5.52%
20045-0.34%0.47%0.06%$52,471$33,152$42,083-0.34%1.36%1.22%-0.15%0.08%-0.56%
200461.11%0.90%1.00%$53,053$33,449$42,5051.11%1.93%0.65%0.11%0.09%0.87%
200470.34%-0.60%-0.13%$53,232$33,247$42,4500.34%-3.31%-1.11%0.68%0.11%1.52%
200482.07%2.21%2.14%$54,335$33,983$43,3592.07%0.38%4.05%1.38%0.12%3.39%
200490.66%1.00%0.83%$54,695$34,324$43,7200.66%1.07%2.06%-0.04%0.13%0.94%
2004100.66%1.45%1.05%$55,058$34,823$44,1810.66%1.51%2.38%0.55%0.14%1.46%
2004110.89%1.84%1.37%$55,550$35,465$44,7850.89%4.05%6.54%-1.02%0.16%-2.25%
2004121.96%0.50%1.23%$56,639$35,644$45,3361.96%3.39%-3.93%0.49%0.18%2.22%
20051-0.09%-0.74%-0.41%$56,586$35,381$45,148-0.09%-2.45%-3.09%-0.04%0.18%2.59%
200521.25%0.83%1.04%$57,295$35,676$45,6191.25%2.09%3.15%-0.70%0.21%-1.24%
20053-1.41%-1.13%-1.28%$56,485$35,271$45,037-1.41%-1.76%-1.83%-0.31%0.23%-0.76%
200540.94%1.06%1.00%$57,014$35,646$45,4880.94%-1.91%1.92%1.14%0.23%3.22%
200551.07%0.35%0.71%$57,623$35,771$45,8121.07%3.17%-4.88%0.70%0.24%2.55%
200560.87%1.84%1.35%$58,126$36,430$46,4310.87%0.13%5.47%0.33%0.25%1.64%
200570.09%-0.43%-0.17%$58,180$36,273$46,3530.09%3.71%-1.85%-1.03%0.26%-2.58%
200580.78%1.00%0.89%$58,634$36,637$46,7660.78%-0.91%0.99%1.20%0.28%2.87%
20059-0.25%1.54%0.64%$58,488$37,201$47,067-0.25%0.79%9.23%-0.87%0.29%-2.78%
200510-1.34%-1.05%-1.20%$57,705$36,810$46,505-1.34%-1.68%-0.53%-0.40%0.29%-1.74%
2005111.03%2.53%1.79%$58,299$37,742$47,3351.03%3.76%5.29%0.35%0.33%0.57%
2005120.53%1.63%1.09%$58,611$38,359$47,8520.53%0.02%3.50%0.53%0.32%2.33%
200610.85%3.18%2.02%$59,111$39,578$48,8170.85%2.65%10.87%0.04%0.33%-0.90%
200620.80%-0.36%0.21%$59,584$39,436$48,9220.80%0.26%-2.24%-0.16%0.37%0.81%
20063-0.66%0.66%0.00%$59,189$39,698$48,924-0.66%1.23%4.68%-0.36%0.38%-3.39%
200641.09%2.85%1.98%$59,835$40,830$49,8931.09%1.33%10.65%0.17%0.38%-1.96%
20065-0.66%-0.31%-0.48%$59,442$40,704$49,654-0.66%-2.90%1.40%-0.08%0.39%-0.03%
200660.58%-1.57%-0.52%$59,787$40,066$49,3970.58%0.13%-6.05%0.21%0.40%0.71%
200672.14%1.68%1.90%$61,064$40,738$50,3382.14%0.61%3.10%1.06%0.41%1.84%
200681.81%1.02%1.41%$62,171$41,153$51,0491.81%2.36%-1.42%1.12%0.42%2.74%
200691.23%0.04%0.63%$62,938$41,169$51,3721.23%2.56%-3.89%0.65%0.41%1.58%
2006101.64%1.31%1.48%$63,970$41,710$52,1301.64%3.25%0.75%0.45%0.40%0.77%
2006111.30%3.03%2.16%$64,802$42,973$53,2581.30%1.89%7.11%0.79%0.42%1.91%
2006120.65%-0.87%-0.12%$65,221$42,599$53,1960.65%1.39%-2.27%-0.58%0.41%-2.14%
200710.32%0.91%0.62%$65,431$42,987$53,5230.32%1.49%2.93%-0.02%0.41%-0.85%
200720.91%1.05%0.98%$66,029$43,439$54,0500.91%-1.97%2.11%1.36%0.42%2.93%
200730.63%-0.03%0.30%$66,446$43,426$54,2110.63%1.11%-0.37%0.28%0.42%-1.13%
200741.73%2.01%1.87%$67,593$44,297$55,2231.73%4.42%2.30%0.46%0.41%0.86%
200750.45%-0.43%0.01%$67,894$44,108$55,2280.45%3.48%-2.64%-0.88%0.40%-1.93%
20076-1.19%-0.92%-1.06%$67,084$43,700$54,643-1.19%-1.68%-1.30%0.20%0.39%-0.88%
20077-0.73%0.67%-0.03%$66,596$43,993$54,627-0.73%-3.08%2.31%1.51%0.39%2.39%
200781.42%1.39%1.40%$67,542$44,603$55,3931.42%1.50%0.98%1.29%0.40%1.97%
200791.72%3.84%2.79%$68,701$46,318$56,9361.72%3.72%10.57%0.80%0.33%0.21%
2007100.94%2.54%1.75%$69,348$47,493$57,9340.94%1.58%6.26%0.53%0.31%1.40%
200711-0.18%0.41%0.12%$69,225$47,687$58,005-0.18%-4.19%-0.76%2.98%0.32%4.59%
200712-0.50%1.57%0.56%$68,877$48,436$58,331-0.50%-0.70%6.41%0.34%0.26%-0.48%
20081-0.82%2.37%0.77%$68,309$49,583$58,781-0.82%-6.02%10.73%2.57%0.28%2.64%
20082-1.29%0.98%-0.14%$67,425$50,069$58,700-1.29%-3.25%5.23%1.09%0.16%0.35%
200830.38%-0.85%-0.25%$67,681$49,643$58,5510.38%-0.44%-3.91%0.43%0.15%1.02%
200841.18%-1.52%-0.20%$68,478$48,888$58,4351.18%4.85%-6.70%-1.49%0.11%-1.84%
20085-0.56%-0.00%-0.28%$68,096$48,886$58,271-0.56%1.29%1.69%-1.05%0.12%-2.13%
20086-3.41%-0.12%-1.75%$65,773$48,829$57,254-3.41%-8.44%5.02%0.59%0.15%1.80%
200870.15%-0.34%-0.11%$65,870$48,661$57,1930.15%-0.83%-1.32%0.59%0.16%0.30%
200880.78%-1.58%-0.43%$66,387$47,891$56,9490.78%1.45%-9.26%0.86%0.14%1.80%
20089-3.47%-0.23%-1.83%$64,083$47,782$55,907-3.47%-8.91%6.18%0.58%0.14%0.28%
200810-7.19%-8.96%-8.10%$59,473$43,499$51,376-7.19%-16.79%-17.38%0.46%0.08%-3.63%
2008110.33%5.61%3.02%$59,669$45,940$52,9290.33%-7.17%11.46%3.34%0.04%12.07%
2008124.07%5.07%4.60%$62,098$48,270$55,3614.07%1.07%6.78%2.29%0.00%8.87%
20091-4.62%-2.97%-3.79%$59,229$46,838$53,261-4.62%-8.41%5.72%-0.88%0.01%-8.47%
20092-4.96%-1.82%-3.37%$56,293$45,988$51,464-4.96%-10.66%3.53%-0.13%0.02%-1.01%
200932.94%2.45%2.69%$57,946$47,115$52,8472.94%8.76%-3.73%1.86%0.02%5.27%
200943.54%-0.17%1.64%$59,998$47,033$53,7153.54%9.56%-3.63%-0.76%0.02%-4.99%
200954.39%3.38%3.88%$62,632$48,620$55,7994.39%5.62%10.44%-0.63%0.01%-2.68%
200961.25%-1.05%0.10%$63,416$48,109$55,8551.25%0.22%-4.20%-0.47%0.01%0.70%
200975.68%2.36%4.04%$67,016$49,246$58,1135.68%7.58%0.48%0.47%0.02%0.80%
200982.32%1.94%2.14%$68,574$50,201$59,3552.32%3.60%1.76%0.64%0.02%1.68%
200991.87%2.69%2.27%$69,854$51,554$60,7011.87%3.72%4.21%0.62%0.01%1.98%
200910-0.05%0.39%0.16%$69,819$51,755$60,800-0.05%-1.87%4.44%0.19%0.01%-1.45%
2009113.20%5.90%4.52%$72,056$54,809$63,5493.20%5.98%13.05%1.18%0.00%1.91%
200912-0.01%-3.18%-1.58%$72,049$53,064$62,545-0.01%1.95%-7.51%-1.78%0.01%-5.66%
20101-0.29%-0.19%-0.24%$71,837$52,966$62,395-0.29%-3.60%-0.83%1.28%0.01%2.66%
201021.08%1.45%1.26%$72,615$53,731$63,1841.08%3.09%2.76%0.33%0.01%-0.21%
201031.99%1.16%1.57%$74,058$54,354$64,1771.99%6.01%0.65%-0.50%0.01%-1.51%
201041.49%2.65%2.07%$75,165$55,795$65,5071.49%1.58%5.71%0.68%0.01%2.76%
20105-2.71%-0.19%-1.44%$73,130$55,687$64,560-2.71%-8.01%2.40%0.94%0.01%4.23%
201060.19%0.99%0.60%$73,271$56,236$64,9450.19%-5.24%3.02%1.09%0.01%4.67%
201073.49%-0.02%1.70%$75,830$56,226$66,0503.49%7.00%-6.03%0.58%0.02%-0.17%
201080.86%2.62%1.74%$76,478$57,700$67,2000.86%-4.53%6.59%0.66%0.01%7.08%
201092.70%2.80%2.75%$78,547$59,315$69,0502.70%8.92%4.90%0.32%0.01%-1.82%
2010100.88%0.92%0.90%$79,238$59,858$69,6700.88%3.79%3.04%0.48%0.01%-3.29%
201011-0.92%0.21%-0.35%$78,511$59,985$69,429-0.92%0.00%2.73%-0.70%0.01%-1.60%
2010121.54%0.96%1.25%$79,720$60,562$70,2941.54%6.67%1.59%-0.98%0.01%-3.58%
201110.65%-1.35%-0.35%$80,234$59,742$70,0450.65%2.36%-5.59%0.24%0.01%-2.38%
201121.88%2.65%2.26%$81,740$61,326$71,6281.88%3.42%6.33%-0.28%0.01%1.24%
201130.14%0.49%0.31%$81,857$61,624$71,8520.14%0.03%1.98%-0.09%0.01%0.02%
201142.58%3.15%2.86%$83,969$63,567$73,9112.58%2.95%6.71%1.03%0.01%2.04%
201150.84%0.68%0.76%$84,673$63,997$74,4710.84%-1.15%0.07%0.87%0.00%3.29%
20116-1.06%-1.47%-1.26%$83,775$63,056$73,529-1.06%-1.67%-2.02%-0.16%0.01%-2.00%
201170.04%2.82%1.42%$83,813$64,832$74,5760.04%-2.05%8.17%1.08%0.00%4.18%
20118-0.27%4.26%2.02%$83,588$67,594$76,080-0.27%-5.45%11.36%1.82%0.01%8.68%
20119-1.46%-1.97%-1.72%$82,366$66,265$74,770-1.46%-7.04%-10.67%0.18%0.00%10.16%
2011104.03%2.93%3.47%$85,688$68,208$77,3624.03%10.91%6.30%-0.16%0.00%-3.34%
201111-0.53%0.82%0.16%$85,235$68,770$77,489-0.53%-0.23%1.39%0.01%0.00%1.82%
2011122.53%-2.27%0.06%$87,396$67,212$77,5372.53%1.02%-12.31%0.05%0.00%3.13%
201211.88%4.75%3.31%$89,035$70,403$80,1051.88%4.46%13.91%0.67%0.00%0.08%
201221.28%0.95%1.11%$90,178$71,071$80,9971.28%4.31%1.49%-0.14%0.01%-2.11%
201230.46%-1.70%-0.64%$90,593$69,860$80,4830.46%3.28%-6.07%-0.09%0.01%-3.77%
201240.93%0.69%0.81%$91,438$70,343$81,1360.93%-0.64%-0.68%0.26%0.01%4.37%
20125-1.43%-1.26%-1.34%$90,132$69,457$80,046-1.43%-6.02%-5.65%-0.14%0.01%7.79%
201262.00%1.29%1.64%$91,932$70,355$81,3622.00%4.11%2.60%-0.11%0.01%-1.44%
201272.44%1.65%2.05%$94,178$71,513$83,0272.44%1.37%1.47%0.48%0.01%3.32%
201280.53%0.73%0.63%$94,682$72,034$83,5510.53%2.24%1.63%0.04%0.01%-1.06%
201290.86%2.13%1.49%$95,495$73,570$84,7970.86%2.58%7.73%0.16%0.01%-2.10%
2012100.25%-1.52%-0.64%$95,729$72,451$84,2560.25%-1.86%-3.21%-0.39%0.01%-0.43%
2012110.29%0.64%0.46%$96,002$72,912$84,6430.29%0.56%0.41%0.30%0.01%1.35%
2012120.19%-1.25%-0.53%$96,184$72,000$84,1970.19%0.90%-3.97%0.13%0.01%-1.99%
201311.45%0.49%0.97%$97,580$72,355$85,0161.45%5.18%0.44%-0.46%0.00%-3.27%
201321.23%-0.42%0.41%$98,777$72,051$85,3621.23%1.34%-4.58%0.35%0.01%1.26%
201331.26%1.15%1.21%$100,023$72,882$86,3931.26%3.74%0.61%0.02%0.01%0.03%
201341.97%-0.45%0.78%$101,991$72,557$87,0651.97%1.91%-8.09%0.11%0.01%3.87%
20135-0.87%-2.23%-1.53%$101,108$70,941$85,733-0.87%2.33%-5.07%-0.96%0.00%-6.23%
20136-1.59%-4.52%-3.01%$99,496$67,737$83,154-1.59%-1.35%-14.52%-1.16%0.00%-3.26%
201372.04%3.08%2.53%$101,521$69,824$85,2612.04%5.07%10.28%0.27%0.00%-1.93%
20138-1.87%-0.06%-1.00%$99,618$69,784$84,405-1.87%-2.91%6.10%-0.53%0.00%-1.28%
201391.63%0.19%0.93%$101,243$69,914$85,1921.63%3.12%-4.89%0.55%0.00%0.88%
2013102.10%1.74%1.92%$103,364$71,128$86,8302.10%4.59%-0.19%0.28%0.00%1.32%
2013110.79%-0.65%0.10%$104,180$70,667$86,9180.79%3.03%-5.36%0.26%0.00%-2.49%
2013120.81%-0.57%0.15%$105,021$70,264$87,0500.81%2.51%-3.87%-0.56%0.01%-2.37%
20141-0.36%1.75%0.69%$104,641$71,493$87,654-0.36%-3.47%3.86%0.43%0.01%6.26%
201422.06%2.81%2.44%$106,796$73,501$89,7912.06%4.56%6.04%0.15%0.00%0.60%
201430.92%-0.43%0.23%$107,780$73,181$90,0000.92%0.82%-2.62%-0.54%0.00%0.63%
201441.19%0.64%0.91%$109,059$73,646$90,8181.19%0.72%-0.25%0.28%0.00%1.82%
201451.21%0.63%0.92%$110,380$74,110$91,6531.21%2.33%-2.95%0.51%0.00%2.73%
201460.78%1.74%1.26%$111,237$75,401$92,8080.78%2.05%5.16%0.03%0.00%-0.16%
20147-1.00%-0.83%-0.91%$110,121$74,778$91,960-1.00%-1.39%-2.26%-0.32%0.00%0.59%
201481.99%2.17%2.08%$112,311$76,401$93,8731.99%3.98%0.04%0.27%0.00%4.23%
20149-1.25%-2.27%-1.76%$110,905$74,669$92,217-1.25%-1.41%-5.39%-0.28%0.00%-1.99%
2014101.17%0.39%0.78%$112,203$74,959$92,9351.17%2.42%-4.30%0.44%0.00%2.61%
2014111.31%1.92%1.61%$113,673$76,399$94,4361.31%2.68%1.59%0.36%0.00%2.86%
201412-0.16%1.07%0.46%$113,491$77,218$94,868-0.16%-0.26%1.97%-0.49%0.00%2.82%
201510.55%2.91%1.73%$114,113$79,467$96,5090.55%-3.02%4.50%1.51%0.00%8.97%
201520.82%-1.24%-0.22%$115,045$78,483$96,2940.82%5.74%-3.67%-0.82%0.00%-5.66%
20153-0.10%-0.58%-0.34%$114,929$78,026$95,966-0.10%-1.59%-2.22%0.43%0.00%1.13%
201540.51%-0.70%-0.10%$115,510$77,476$95,8710.51%0.95%-0.57%-0.07%0.00%-3.07%
20155-0.12%-0.01%-0.06%$115,376$77,468$95,809-0.12%1.27%0.94%-0.11%0.00%-2.16%
20156-2.06%-1.92%-1.99%$112,998$75,980$93,902-2.06%-1.93%-1.71%-0.43%0.00%-3.73%
201571.23%0.07%0.66%$114,393$76,037$94,5191.23%2.08%-6.20%0.26%0.00%4.21%
20158-2.16%-1.04%-1.61%$111,918$75,249$93,001-2.16%-6.04%3.33%-0.21%0.01%-0.71%
201590.11%-0.49%-0.19%$112,044$74,879$92,8260.11%-2.49%-1.85%0.45%0.01%1.91%
2015103.40%2.49%2.95%$115,853$76,744$95,5643.40%8.42%2.54%-0.22%0.00%-0.48%
2015110.00%-1.88%-0.93%$115,853$75,298$94,6760.00%0.29%-7.04%-0.38%0.01%-0.81%
201512-0.79%-0.60%-0.70%$114,940$74,848$94,017-0.79%-1.59%-0.18%-0.26%0.02%-0.34%
20161-0.20%1.54%0.67%$114,705$75,998$94,644-0.20%-4.98%4.89%1.25%0.01%5.24%
201620.45%3.62%2.05%$115,221$78,748$96,5820.45%-0.15%11.07%0.25%0.03%2.86%
201633.52%1.66%2.57%$119,271$80,057$99,0613.52%6.78%0.17%0.38%0.03%0.05%
201640.91%1.01%0.96%$120,356$80,864$100,0110.91%0.37%3.93%0.02%0.02%-0.63%
201650.59%-1.07%-0.25%$121,064$79,997$99,7560.59%1.78%-5.72%-0.30%0.02%0.69%
201662.18%4.36%3.28%$123,703$83,486$103,0272.18%0.25%8.96%1.24%0.03%6.57%
201671.38%1.80%1.60%$125,414$84,988$104,6701.38%3.68%1.61%-0.14%0.02%2.01%
201680.00%-1.00%-0.51%$125,414$84,140$104,1370.00%0.13%-2.44%-0.50%0.02%-1.00%
20169-0.32%0.00%-0.15%$125,018$84,141$103,976-0.32%0.01%1.01%0.34%0.03%-1.32%
201610-1.22%-2.65%-1.95%$123,487$81,913$101,950-1.22%-1.83%-3.82%-0.37%0.02%-4.23%
201611-0.74%-3.34%-2.05%$122,578$79,174$99,858-0.74%3.70%-7.38%-1.27%0.03%-7.86%
2016121.35%-0.31%0.52%$124,227$78,930$100,3801.35%1.96%-2.73%-0.08%0.04%-0.35%
201710.27%2.14%1.21%$124,569$80,622$101,5940.27%1.88%5.84%0.25%0.04%0.65%
201721.96%2.29%2.13%$127,007$82,468$103,7531.96%3.96%3.53%-0.00%0.04%1.57%
20173-0.04%-0.30%-0.17%$126,958$82,222$103,577-0.04%0.10%-0.86%0.22%0.04%-0.59%
201740.70%1.16%0.93%$127,842$83,175$104,5400.70%1.02%1.74%0.30%0.06%1.58%
201751.15%0.81%0.98%$129,315$83,851$105,5641.15%1.39%-0.02%0.19%0.07%1.73%
201760.41%-0.22%0.09%$129,851$83,664$105,6620.41%0.61%-1.89%-0.25%0.08%0.63%
201770.88%0.96%0.92%$130,988$84,466$106,6320.88%2.04%2.04%0.29%0.08%-0.59%
201780.53%1.86%1.20%$131,681$86,035$107,9090.53%0.29%3.49%0.39%0.09%3.27%
201790.84%-0.71%0.06%$132,791$85,425$107,9700.84%2.06%-2.18%-0.55%0.08%-2.27%
2017100.90%0.32%0.61%$133,986$85,699$108,6270.90%2.32%-1.01%-0.16%0.09%-0.02%
2017111.08%1.11%1.09%$135,430$86,650$109,8151.08%3.06%0.79%-0.39%0.09%0.63%
2017121.08%0.95%1.02%$136,895$87,478$110,9331.08%1.10%0.84%0.00%0.10%1.78%
201810.56%1.46%1.01%$137,657$88,756$112,0520.56%5.71%4.19%-0.84%0.11%-3.40%
20182-2.73%-2.22%-2.47%$133,899$86,788$109,282-2.73%-3.69%-2.02%-0.28%0.12%-2.89%
20183-0.27%0.21%-0.03%$133,534$86,969$109,249-0.27%-2.56%0.46%0.45%0.14%2.75%
20184-0.50%-0.74%-0.62%$132,869$86,327$108,572-0.50%0.37%-0.80%-0.69%0.14%-2.04%
201850.65%1.00%0.83%$133,738$87,188$109,4700.65%2.39%-0.60%0.55%0.15%1.79%
201860.16%-0.75%-0.30%$133,955$86,535$109,1440.16%0.61%-4.21%-0.02%0.16%0.66%
201872.04%0.04%1.03%$136,684$86,569$110,2722.04%3.71%-2.36%-0.20%0.16%-1.28%
201880.57%0.90%0.73%$137,457$87,346$111,0770.57%3.25%-1.52%0.46%0.17%1.18%
20189-0.23%-0.89%-0.56%$137,143$86,565$110,455-0.23%0.55%-1.26%-0.49%0.17%-2.74%
201810-2.27%-2.03%-2.15%$134,030$84,809$108,080-2.27%-6.85%2.33%0.00%0.18%-2.82%
2018111.63%1.14%1.38%$136,209$85,773$109,5741.63%2.03%0.21%0.57%0.19%1.78%
201812-2.08%0.40%-0.85%$133,374$86,116$108,644-2.08%-9.04%5.05%1.44%0.19%5.50%
201913.23%3.08%3.15%$137,687$88,765$112,0713.23%8.00%3.46%0.38%0.20%0.49%
201921.51%0.43%0.97%$139,762$89,150$113,1591.51%3.20%-0.31%-0.10%0.20%-1.31%
201931.88%1.61%1.75%$142,385$90,588$115,1341.88%1.94%-1.80%1.14%0.20%5.47%
201941.08%0.41%0.75%$143,925$90,959$115,9951.08%4.04%-1.01%0.10%0.20%-1.88%
20195-0.65%0.36%-0.15%$142,990$91,287$115,821-0.65%-6.36%1.03%1.41%0.20%6.65%
201963.14%4.34%3.74%$147,486$95,249$120,1523.14%7.03%8.76%0.73%0.19%1.01%
201970.49%0.70%0.60%$148,206$95,919$120,8680.49%1.43%1.32%-0.37%0.17%0.22%
201981.68%4.33%3.01%$150,698$100,071$124,5021.68%-1.59%7.06%1.75%0.17%10.68%
201990.59%-1.04%-0.23%$151,592$99,035$124,2120.59%1.86%-2.82%-0.55%0.16%-2.62%
2019100.63%0.79%0.71%$152,540$99,815$125,0900.63%2.15%1.73%0.37%0.15%-1.10%
2019110.62%-0.04%0.29%$153,488$99,775$125,4510.62%3.62%-3.36%-0.27%0.13%-0.39%
2019121.14%0.98%1.06%$155,237$100,750$126,7781.14%3.01%3.74%-0.09%0.13%-3.00%
202011.28%3.22%2.25%$157,226$103,994$129,6321.28%-0.05%4.58%1.29%0.13%7.29%
20202-2.46%0.41%-1.01%$153,362$104,424$128,324-2.46%-8.24%1.62%1.44%0.13%6.58%
20203-6.28%-0.76%-3.46%$143,724$103,629$123,888-6.28%-12.37%-0.06%2.12%0.10%5.67%
202045.70%4.58%5.11%$151,915$108,380$130,2225.70%12.81%5.83%0.21%0.01%1.81%
202052.11%0.98%1.52%$155,123$109,438$132,1982.11%4.76%1.52%0.28%0.01%-1.67%
202060.47%1.16%0.83%$155,855$110,710$133,2980.47%1.98%2.28%0.10%0.01%0.40%
202072.81%5.40%4.17%$160,238$116,691$138,8502.81%5.63%11.13%0.27%0.01%4.17%
202080.22%0.18%0.19%$160,585$116,896$139,1210.22%7.18%-0.38%-0.08%0.01%-4.71%
20209-0.70%-1.68%-1.22%$159,457$114,932$137,425-0.70%-3.81%-3.60%0.10%0.01%0.78%

Returns Based Style Analysis

Returns Based Style Analysis
Style CategoryPortfolio 1Portfolio 3
Large-cap Value23.73%12.09%
Large-cap Growth7.74%11.30%
Mid-cap Value0.00%1.41%
Mid-cap Growth0.00%0.00%
Small-cap Value0.00%0.00%
Small-cap Growth0.00%0.00%
Global ex-US Developed Markets3.54%0.00%
Emerging Markets0.03%7.06%
Corporate Bonds22.88%9.89%
Long-Term Treasuries6.70%7.97%
Intermediate-Term Treasuries9.26%32.54%
Short-Term Treasuries26.11%17.75%
R Squared93.46%85.66%
Style analysis is based on monthly returns from Apr 2005 to Sep 2020 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
TickerNameCategoryWeightERP/EDurationReturn ContributionRisk Contribution
VWINXVanguard Wellesley Income Inv30% to 50% Equity100.00%0.23%16.508.03$149,457100.00%

Asset Allocation

Equity Market Capitalization

Equity Sectors

Fixed Income Credit Quality

Fixed Income Maturity

Holdings Based Style Analysis for Portfolio 3

Holdings Based Style Analysis for Portfolio 3
TickerNameCategoryWeightERP/EDurationReturn ContributionRisk Contribution
VWINXVanguard Wellesley Income Inv30% to 50% Equity50.00%0.23%16.508.03$63,63951.79%
VFINXVanguard 500 Index InvestorLarge Blend12.50%0.14%25.91$23,17722.94%
^GOLDGold Price IndexIndex12.50%$16,42112.52%
FIGTXFederated Hermes Short-Interm Govt ISShort Government10.00%0.60%1.90$5,9502.50%
CASHXCashCash2.50%0.00$7680.01%
VUSTXVanguard Long-Term Treasury InvLong Government12.50%0.20%18.41$17,47010.23%
100.00%0.26%18.388.67$127,425100.00%

Asset Allocation

Equity Market Capitalization

Equity Sectors

Fixed Income Credit Quality

Fixed Income Maturity

Fund fundamentals data as of 10/27/2020. (c) 2020 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 3
Arithmetic Mean (monthly)0.70%0.62%0.66%
Arithmetic Mean (annualized)8.77%7.70%8.25%
Geometric Mean (monthly)0.69%0.60%0.65%
Geometric Mean (annualized)8.55%7.50%8.07%
Volatility (monthly)1.85%1.76%1.64%
Volatility (annualized)6.41%6.08%5.69%
Downside Deviation (monthly)1.03%0.96%0.89%
Max. Drawdown-18.82%-13.12%-12.60%
US Market Correlation0.700.520.67
Beta(*)0.290.210.25
Alpha (annualized)5.23%5.17%5.22%
R248.43%26.89%44.73%
Sharpe Ratio0.840.720.86
Sortino Ratio1.361.171.42
Treynor Ratio (%)18.5021.3019.72
Calmar Ratio0.732.341.89
Active Return-1.72%-2.77%-2.20%
Tracking Error11.80%13.24%12.28%
Information Ratio-0.15-0.21-0.18
Skewness-0.28-0.28-0.34
Excess Kurtosis1.662.161.96
Historical Value-at-Risk (5%)-2.58%-2.01%-2.04%
Analytical Value-at-Risk (5%)-2.34%-2.24%-2.03%
Conditional Value-at-Risk (5%)-3.65%-3.18%-3.03%
Upside Capture Ratio (%)39.7129.9134.86
Downside Capture Ratio (%)19.097.9613.40
Safe Withdrawal Rate7.25%5.65%6.47%
Perpetual Withdrawal Rate5.63%4.69%5.20%
Positive Periods284 out of 405 (70.12%)264 out of 405 (65.19%)277 out of 405 (68.40%)
Gain/Loss Ratio1.121.331.32
* US stock market 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 3
Black Monday PeriodSep 1987Nov 1987-5.73%-6.00%-5.87%
Asian CrisisJul 1997Jan 1998-2.28%-2.47%-2.38%
Russian Debt DefaultJul 1998Oct 1998-3.64%-4.50%-4.07%
Dotcom CrashMar 2000Oct 2002-4.78%-4.02%-3.14%
Subprime CrisisNov 2007Mar 2009-18.82%-13.12%-12.60%

Drawdowns for Portfolio 1

Drawdowns for Portfolio 1 (worst 10)
RankStartEndLengthRecovery ByRecovery TimeUnderwater PeriodDrawdown
1Nov 2007Feb 20091 year 4 monthsSep 20097 months1 year 11 months-18.82%
2Feb 2020Mar 20202 monthsJul 20204 months6 months-8.59%
3May 1999Feb 200010 monthsAug 20006 months1 year 4 months-8.44%
4Mar 1987Nov 19879 monthsFeb 19883 months1 year-8.04%
5Feb 1994Nov 199410 monthsMar 19954 months1 year 2 months-7.15%
6Jun 2002Sep 20024 monthsDec 20023 months7 months-4.78%
7Jan 1990Apr 19904 monthsMay 19901 month5 months-4.46%
8Aug 1990Sep 19902 monthsNov 19902 months4 months-4.38%
9Jul 1998Aug 19982 monthsSep 19981 month3 months-3.64%
10Feb 2018Apr 20183 monthsJan 20199 months1 year-3.48%
Worst 10 drawdowns included above

Drawdowns for Portfolio 2

Drawdowns for Portfolio 2 (worst 10)
RankStartEndLengthRecovery ByRecovery TimeUnderwater PeriodDrawdown
1Mar 2008Oct 20088 monthsAug 200910 months1 year 6 months-13.12%
2Oct 2012Jun 20139 monthsApr 201410 months1 year 7 months-7.93%
3Aug 2016Dec 20165 monthsAug 20178 months1 year 1 month-7.13%
4Sep 1987Nov 19873 monthsJan 19891 year 2 months1 year 5 months-6.00%
5Feb 2015Dec 201511 monthsMar 20163 months1 year 2 months-5.81%
6Jan 1990Apr 19904 monthsJul 19903 months7 months-5.04%
7Jul 1998Aug 19982 monthsOct 19982 months4 months-4.50%
8Feb 2018Oct 20189 monthsJan 20193 months1 year-4.45%
9Feb 1994Apr 19943 monthsFeb 199510 months1 year 1 month-4.40%
10Apr 2004Apr 20041 monthOct 20046 months7 months-4.34%
Worst 10 drawdowns included above

Drawdowns for Portfolio 3

Drawdowns for Portfolio 3 (worst 10)
RankStartEndLengthRecovery ByRecovery TimeUnderwater PeriodDrawdown
1Feb 2008Oct 20089 monthsAug 200910 months1 year 7 months-12.60%
2Sep 1987Nov 19873 monthsFeb 19883 months6 months-5.87%
3Feb 1994Nov 199410 monthsMar 19954 months1 year 2 months-5.41%
4Jan 1990Apr 19904 monthsJul 19903 months7 months-4.75%
5Aug 2016Nov 20164 monthsMay 20176 months10 months-4.60%
6May 2013Jun 20132 monthsJan 20147 months9 months-4.49%
7Feb 2020Mar 20202 monthsApr 20201 month3 months-4.43%
8Jul 1998Aug 19982 monthsSep 19981 month3 months-4.07%
9Feb 2015Sep 20158 monthsFeb 20165 months1 year 1 month-3.82%
10May 1999Aug 19994 monthsMar 20007 months11 months-3.59%
Worst 10 drawdowns included above

Portfolio Assets

Performance statistics for portfolio components
TickerNameCAGRStdevBest YearWorst YearMax. DrawdownSharpe RatioSortino RatioUS Mkt Correlation
VWINXVanguard Wellesley Income Inv8.55%6.41%28.91%-9.84%-18.82%0.841.360.70
VFINXVanguard 500 Index Investor10.40%15.09%37.45%-37.02%-50.97%0.530.760.99
^GOLDGold Price Index4.79%15.25%31.92%-27.33%-48.26%0.180.28-0.03
FIGTXFederated Hermes Short-Interm Govt IS4.83%3.05%13.57%-1.92%-3.08%0.580.95-0.13
CASHXCash3.10%0.72%8.61%0.03%0.00%N/AN/A0.01
VUSTXVanguard Long-Term Treasury Inv7.91%9.93%30.09%-13.03%-16.68%0.510.85-0.15

Monthly Correlations

Correlations for the portfolio assets
TickerNameVWINXVFINX^GOLDFIGTXCASHXVUSTXPortfolio 1Portfolio 2Portfolio 3
VWINXVanguard Wellesley Income Inv1.000.720.030.390.070.361.000.660.91
VFINXVanguard 500 Index Investor0.721.00-0.05-0.110.02-0.130.720.520.69
^GOLDGold Price Index0.03-0.051.000.14-0.080.110.030.660.37
FIGTXFederated Hermes Short-Interm Govt IS0.39-0.110.141.000.240.780.390.450.46
CASHXCash0.070.02-0.080.241.000.040.070.010.05
VUSTXVanguard Long-Term Treasury Inv0.36-0.130.110.780.041.000.360.490.47

Portfolio Return Decomposition

Portfolio return decomposition
TickerNamePortfolio 1Portfolio 2Portfolio 3
VWINXVanguard Wellesley Income Inv$149,457$63,639
VFINXVanguard 500 Index Investor$38,748$23,177
^GOLDGold Price Index$26,222$16,421
FIGTXFederated Hermes Short-Interm Govt IS$9,946$5,950
CASHXCash$1,297$768
VUSTXVanguard Long-Term Treasury Inv$28,719$17,470

Portfolio Risk Decomposition

Portfolio risk decomposition
TickerNamePortfolio 1Portfolio 2Portfolio 3
VWINXVanguard Wellesley Income Inv100.00%51.79%
VFINXVanguard 500 Index Investor33.05%22.94%
^GOLDGold Price Index42.05%12.52%
FIGTXFederated Hermes Short-Interm Govt IS4.64%2.50%
CASHXCash0.01%0.01%
VUSTXVanguard Long-Term Treasury Inv20.26%10.23%

Annual Asset Returns

Rolling returns summary
Roll PeriodPortfolio 1Portfolio 2Portfolio 3
AverageHighLowAverageHighLowAverageHighLow
1 year8.97%28.91%-9.84%7.41%20.13%-3.07%8.19%24.52%-5.09%
3 years8.88%19.24%1.95%7.21%11.67%1.30%8.07%15.12%3.75%
5 years8.81%13.70%3.35%7.16%10.29%3.27%8.02%11.37%4.53%
7 years8.76%13.68%4.41%7.24%9.48%3.60%8.03%11.08%4.94%
10 years8.68%13.34%4.93%7.39%9.26%5.96%8.07%10.96%5.75%
15 years8.38%11.17%6.39%7.33%7.99%6.47%7.90%9.30%6.46%
Result statistics are based on annualized rolling returns over full calendar year periods