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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Portfolio Analysis Results (Jan 1992 - Sep 2021)

Portfolio Allocations

165/135 stock/LTT (original HFEA)
Ticker Name Allocation
VFINX Vanguard 500 Index Investor 165.00%
VUSTX Vanguard Long-Term Treasury Inv 135.00%
CASHX Cash -200.00%
Save portfolio »
165/540 stock/ITT ("ITT" HFEA)
Ticker Name Allocation
VFINX Vanguard 500 Index Investor 165.00%
VFITX Vanguard Interm-Term Treasury Inv 475.00%
CASHX Cash -540.00%
Save portfolio »
165/1150 stock/STT ("STT" HFEA)
Ticker Name Allocation
VFINX Vanguard 500 Index Investor 165.00%
VFISX Vanguard Short-Term Treasury Inv 1,150.00%
CASHX Cash -1,215.00%
Save portfolio »

Portfolio Returns

Portfolio performance statistics
PortfolioInitial BalanceFinal BalanceCAGRStdevBest YearWorst YearMax. DrawdownSharpe RatioSortino RatioUS Mkt Correlation
165/135 stock/LTT (original HFEA)$10,000$3,590,098 21.87% 25.09%112.35%-42.71%-66.60% 0.831.300.82
165/540 stock/ITT ("ITT" HFEA)$10,000$19,458,425 28.99% 29.65%187.76%-38.04%-59.05% 0.941.550.66
165/1150 stock/STT ("STT" HFEA)$10,000$31,462,911 31.09% 28.51%201.60%-46.32%-51.49% 1.021.770.68
   

Trailing Returns

Trailing Returns
NameAnnualized ReturnAnnualized Volatility
3 MonthYTD1 year3 year5 year10 yearFull3 year5 year
165/135 stock/LTT (original HFEA)0.67%13.90%31.13%39.70%31.12%34.03%21.87%30.87%25.99%
165/540 stock/ITT ("ITT" HFEA)-0.71%15.96%36.96%50.80%34.22%36.92%28.99%29.35%25.21%
165/1150 stock/STT ("STT" HFEA)-0.27%21.83%47.48%53.24%35.17%36.00%31.09%28.33%23.98%
Trailing annualized return and volatility are for full months ending in September 2021 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 2021 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 monthly rebalancing of portfolio assets to match the specified allocation
Annual returns for the configured portfolios
YearInflation165/135 stock/LTT (original HFEA)165/540 stock/ITT ("ITT" HFEA)165/1150 stock/STT ("STT" HFEA)Vanguard 500 Index Investor (VFINX)Vanguard Long-Term Treasury Inv (VUSTX)Cash (CASHX)Vanguard Interm-Term Treasury Inv (VFITX)Vanguard Short-Term Treasury Inv (VFISX)
ReturnBalanceReturnBalanceReturnBalance
19922.90%14.46%$11,44627.55%$12,75546.13%$14,6137.42%7.41%3.57%7.78%6.75%
19932.75%34.67%$15,41461.72%$20,62860.61%$23,4709.89%16.79%3.05%11.43%6.41%
19942.67%-16.55%$12,863-38.04%$12,780-46.32%$12,5991.18%-7.04%4.20%-4.33%-0.57%
19952.54%112.35%$27,315187.76%$36,776201.60%$37,99937.45%30.09%5.71%20.44%12.11%
19963.32%22.91%$33,57311.68%$41,07219.22%$45,30222.88%-1.26%5.17%1.92%4.39%
19971.70%66.99%$56,06672.34%$70,78569.14%$76,62433.19%13.90%5.22%8.96%6.51%
19981.61%60.58%$90,03186.56%$132,05487.75%$143,86228.62%13.05%4.97%10.61%7.36%
19992.68%9.22%$98,333-13.29%$114,506-7.18%$133,53921.07%-8.66%4.77%-3.52%1.85%
20003.39%-4.75%$93,66312.35%$128,6527.59%$143,679-9.06%19.72%5.99%14.03%8.83%
20011.55%-20.75%$74,229-5.69%$121,32623.12%$176,899-12.02%4.31%3.70%7.55%7.80%
20022.38%-20.17%$59,25417.22%$142,21834.80%$238,451-22.15%16.67%1.65%14.15%8.02%
20031.88%51.77%$89,92953.65%$218,51769.15%$403,33228.50%2.68%1.04%2.37%2.38%
20043.26%25.65%$112,99825.85%$275,00410.95%$447,49310.74%7.12%1.32%3.40%1.03%
20053.42%10.63%$125,0090.97%$277,683-10.10%$402,2844.77%6.61%3.14%2.32%1.77%
20062.54%18.05%$147,57512.96%$313,6588.58%$436,80815.64%1.74%4.82%3.14%3.77%
20074.08%12.61%$166,18934.20%$420,93749.75%$654,1325.39%9.24%4.56%9.98%7.89%
20080.09%-42.71%$95,211-26.64%$308,792-19.32%$527,768-37.02%22.52%1.53%13.32%6.68%
20092.72%16.84%$111,24922.37%$377,85659.26%$840,51926.49%-12.05%0.16%-1.69%1.44%
20101.50%42.71%$158,76074.45%$659,17465.09%$1,387,58314.91%8.93%0.14%7.35%2.64%
20112.96%48.28%$235,41659.04%$1,048,33929.51%$1,797,0391.97%29.28%0.07%9.80%2.26%
20121.74%34.36%$316,29543.15%$1,500,70935.46%$2,434,21515.82%3.47%0.08%2.67%0.69%
20131.50%30.75%$413,56333.26%$1,999,81353.57%$3,738,19732.18%-13.03%0.05%-3.09%-0.10%
20140.76%65.29%$683,57447.93%$2,958,37231.88%$4,929,92213.51%25.28%0.03%4.32%0.71%
20150.73%-0.24%$681,9528.80%$3,218,8106.29%$5,240,0741.25%-1.54%0.05%1.50%0.45%
20162.07%21.40%$827,91224.31%$4,001,33729.08%$6,763,71411.82%1.20%0.30%1.19%0.99%
20172.11%51.07%$1,250,72041.25%$5,651,93129.56%$8,763,09021.67%8.58%0.88%1.57%0.39%
20181.91%-13.60%$1,080,613-12.70%$4,934,013-14.43%$7,498,925-4.52%-1.90%1.90%1.00%1.35%
20192.29%79.96%$1,944,62884.80%$9,118,04580.05%$13,501,57631.33%14.13%2.13%6.29%3.59%
20201.36%62.08%$3,151,94784.03%$16,780,04791.28%$25,825,92018.25%18.29%0.44%8.21%3.96%
20215.31%13.90%$3,590,09815.96%$19,458,42521.83%$31,462,91115.81%-7.25%0.03%-1.66%-0.28%
Annual return for 2021 is from 01/01/2021 to 09/30/2021
Monthly returns for the configured portfolios
YearMonth165/135 stock/LTT (original HFEA)165/540 stock/ITT ("ITT" HFEA)165/1150 stock/STT ("STT" HFEA)Vanguard 500 Index Investor (VFINX)Vanguard Long-Term Treasury Inv (VUSTX)Cash (CASHX)Vanguard Interm-Term Treasury Inv (VFITX)Vanguard Short-Term Treasury Inv (VFISX)
ReturnBalanceReturnBalanceReturnBalance
19921-8.09%$9,191-15.07%$8,493-12.34%$8,766-1.88%-3.21%0.33%-2.15%-0.46%
199222.27%$9,4002.77%$8,7280.93%$8,8471.24%0.64%0.32%0.52%0.24%
19923-5.32%$8,899-9.29%$7,917-10.05%$7,958-1.93%-1.10%0.33%-0.91%-0.25%
199244.03%$9,2585.66%$8,36511.65%$8,8852.91%-0.07%0.34%0.57%0.95%
199253.82%$9,6129.46%$9,15710.32%$9,8020.48%2.70%0.31%2.18%1.16%
19926-1.57%$9,4604.53%$9,5727.93%$10,580-1.49%1.12%0.31%1.82%1.23%
1992711.50%$10,54819.66%$11,45320.49%$12,7484.04%4.02%0.30%3.07%1.52%
19928-2.99%$10,2330.85%$11,5517.21%$13,667-2.07%0.71%0.27%1.20%1.21%
199293.23%$10,5648.74%$12,56111.20%$15,1971.17%1.36%0.26%1.73%1.09%
199210-2.46%$10,304-8.81%$11,454-14.98%$12,9210.33%-1.89%0.23%-1.71%-1.11%
1992115.79%$10,9012.10%$11,6941.48%$13,1123.40%0.50%0.25%-0.46%-0.10%
1992125.00%$11,4469.07%$12,75511.45%$14,6131.21%2.63%0.27%1.80%1.11%
199314.66%$11,97912.86%$14,39614.26%$16,6960.81%2.85%0.26%2.72%1.40%
199326.07%$12,70712.95%$16,26114.29%$19,0821.36%3.20%0.24%2.53%1.30%
199333.24%$13,1194.04%$16,9182.92%$19,6392.11%0.19%0.25%0.40%0.21%
19934-3.46%$12,665-0.89%$16,7683.10%$20,248-2.42%0.76%0.24%0.93%0.87%
199354.41%$13,2232.36%$17,163-3.81%$19,4762.65%0.38%0.24%-0.15%-0.45%
199365.55%$13,9579.51%$18,7957.32%$20,9000.27%4.17%0.26%2.20%0.87%
199370.67%$14,050-1.96%$18,426-3.63%$20,142-0.42%1.39%0.25%0.02%0.01%
1993811.13%$15,61415.23%$21,23315.37%$23,2373.79%3.99%0.25%2.18%1.06%
19939-1.37%$15,4000.28%$21,292-0.07%$23,221-0.79%0.33%0.25%0.62%0.37%
1993103.77%$15,9802.55%$21,8361.59%$23,5892.08%0.62%0.24%0.09%0.10%
199311-5.50%$15,102-8.51%$19,977-5.90%$22,197-1.00%-2.48%0.25%-1.16%-0.10%
1993122.06%$15,4143.26%$20,6285.73%$23,4701.22%0.42%0.26%0.56%0.60%
199418.08%$16,65911.27%$22,9529.14%$25,6153.38%2.23%0.25%1.49%0.58%
19942-10.36%$14,933-17.51%$18,932-17.80%$21,056-2.71%-3.99%0.25%-2.46%-0.90%
19943-12.96%$12,997-21.19%$14,920-20.61%$16,717-4.39%-3.82%0.28%-2.62%-0.86%
19944-0.19%$12,972-3.82%$14,350-6.94%$15,5561.29%-1.29%0.29%-0.92%-0.48%
199451.40%$13,1541.77%$14,6030.22%$15,5901.63%-0.47%0.32%0.18%0.13%
19946-5.87%$12,382-7.55%$13,501-5.80%$14,686-2.47%-0.81%0.35%-0.33%0.22%
199478.68%$13,45611.62%$15,06912.05%$16,4563.28%2.94%0.35%1.70%0.95%
199485.11%$14,1436.21%$16,0055.22%$17,3164.08%-0.67%0.36%0.30%0.25%
19949-8.85%$12,891-14.58%$13,671-12.79%$15,102-2.45%-3.00%0.38%-1.79%-0.36%
1994102.44%$13,2060.34%$13,7182.01%$15,4052.25%-0.36%0.39%-0.26%0.27%
199411-6.04%$12,409-10.12%$12,329-17.44%$12,719-3.65%0.62%0.42%-0.38%-0.55%
1994123.66%$12,8633.66%$12,780-0.94%$12,5991.46%1.62%0.47%0.79%0.20%
199516.87%$13,74610.97%$14,18216.54%$14,6822.58%2.62%0.47%1.94%1.56%
199529.11%$14,99816.02%$16,45418.86%$17,4513.88%2.73%0.49%2.58%1.60%
199534.88%$15,7304.97%$17,2725.17%$18,3542.95%0.72%0.48%0.57%0.54%
199546.13%$16,6949.66%$18,94010.78%$20,3322.94%1.65%0.48%1.56%1.02%
1995515.72%$19,31926.46%$23,95123.97%$25,2063.95%7.52%0.48%4.74%2.02%
199564.39%$20,1675.09%$25,1715.00%$26,4672.31%1.13%0.47%0.81%0.60%
199572.65%$20,7010.11%$25,1982.52%$27,1343.30%-1.40%0.46%-0.61%0.23%
199582.27%$21,1714.17%$26,2492.00%$27,6750.25%2.05%0.46%1.31%0.62%
199598.54%$22,9788.85%$28,5738.52%$30,0334.23%1.81%0.44%0.90%0.60%
1995102.52%$23,5585.40%$30,1174.57%$31,404-0.36%2.97%0.44%1.76%0.91%
1995119.45%$25,78413.46%$34,17113.16%$35,5364.38%2.31%0.45%1.82%0.99%
1995125.94%$27,3157.62%$36,7766.93%$37,9991.93%2.70%0.45%1.44%0.80%
199614.68%$28,5946.61%$39,20910.70%$42,0633.39%-0.05%0.42%0.69%0.88%
19962-5.95%$26,891-11.99%$34,506-11.50%$37,2240.92%-4.93%0.41%-2.38%-0.70%
19963-1.88%$26,387-5.79%$32,507-5.64%$35,1260.98%-1.98%0.41%-1.09%-0.20%
19964-0.84%$26,165-4.76%$30,961-5.28%$33,2711.46%-1.78%0.42%-1.03%-0.22%
199652.74%$26,882-0.16%$30,9100.11%$33,3072.54%-0.46%0.42%-0.44%0.09%
199662.67%$27,5995.51%$32,6125.49%$35,1350.38%2.14%0.42%1.51%0.87%
19967-8.21%$25,333-8.91%$29,708-9.09%$31,940-4.42%-0.05%0.42%0.14%0.29%
199680.84%$25,546-0.53%$29,5501.51%$32,4232.10%-1.29%0.44%-0.35%0.29%
1996912.15%$28,65015.96%$34,26715.17%$37,3425.61%2.79%0.43%1.91%0.97%
1996108.96%$31,21714.09%$39,09614.27%$42,6682.76%3.88%0.41%2.48%1.28%
19961116.01%$36,21419.89%$46,87417.31%$50,0547.56%3.24%0.42%2.04%0.87%
199612-7.29%$33,573-12.38%$41,072-9.49%$45,302-1.96%-2.38%0.42%-1.45%-0.10%
199718.52%$36,4348.23%$44,4509.65%$49,6736.22%-0.65%0.43%0.06%0.40%
199720.31%$36,548-0.52%$44,220-1.56%$48,8980.79%-0.11%0.42%0.10%0.20%
19973-10.78%$32,610-15.32%$37,444-14.28%$41,915-4.14%-2.29%0.43%-1.30%-0.20%
1997412.12%$36,56315.12%$43,10614.62%$48,0445.96%2.35%0.44%1.61%0.88%
1997510.50%$40,40411.67%$48,13613.32%$54,4456.09%0.98%0.43%0.83%0.74%
199768.94%$44,0179.94%$52,91910.17%$59,9814.45%1.78%0.40%1.00%0.67%
1997719.50%$52,59824.38%$65,82321.56%$72,9157.97%5.34%0.43%2.85%1.18%
19978-13.59%$45,450-16.30%$55,095-14.30%$62,485-5.61%-2.57%0.43%-0.99%0.01%
1997911.72%$50,77813.68%$62,63312.75%$70,4495.47%2.63%0.43%1.47%0.78%
199710-2.32%$49,5990.12%$62,709-1.48%$69,409-3.35%2.99%0.41%1.66%0.79%
1997118.45%$53,7916.77%$66,9584.51%$72,5434.60%1.27%0.43%0.31%0.18%
1997124.23%$56,0665.72%$70,7855.63%$76,6241.72%1.66%0.43%1.09%0.69%
199813.54%$58,0487.66%$76,2098.82%$83,3851.11%1.91%0.44%1.73%1.07%
1998210.00%$63,8527.75%$82,1125.93%$88,3277.19%-0.75%0.43%-0.38%-0.07%
199837.74%$68,7956.71%$87,6247.40%$94,8595.10%0.14%0.44%0.14%0.37%
199841.37%$69,7341.72%$89,1282.78%$97,4941.01%0.40%0.42%0.49%0.54%
19985-1.22%$68,884-0.45%$88,729-1.43%$96,095-1.74%1.83%0.41%0.98%0.56%
199869.07%$75,1329.03%$96,7447.97%$103,7504.07%2.35%0.41%0.95%0.54%
19987-3.27%$72,676-2.95%$93,891-2.68%$100,968-1.05%-0.51%0.42%0.22%0.36%
19988-18.20%$59,451-10.95%$83,606-10.23%$90,642-14.47%4.83%0.42%3.20%1.63%
1998914.21%$67,90125.70%$105,09426.31%$114,4906.41%3.29%0.40%3.64%1.79%
19981010.47%$75,0097.89%$113,38811.97%$128,1908.16%-1.69%0.36%-0.77%0.25%
19981110.50%$82,8876.45%$120,7053.93%$133,2226.07%0.88%0.36%-0.35%-0.15%
1998128.62%$90,0319.40%$132,0547.99%$143,8625.81%-0.16%0.37%0.38%0.25%
199917.53%$96,8088.06%$142,7027.25%$154,2884.20%0.98%0.37%0.65%0.41%
19992-12.31%$84,892-21.71%$111,721-19.77%$123,784-3.12%-4.76%0.37%-3.07%-0.88%
199935.37%$89,4487.30%$119,8739.94%$136,0844.00%-0.34%0.38%0.58%0.69%
199945.88%$94,7075.73%$126,7395.50%$143,5693.85%0.19%0.37%0.28%0.31%
19995-6.95%$88,121-12.45%$110,962-12.43%$125,731-2.39%-1.68%0.37%-1.37%-0.34%
199966.98%$94,2755.86%$117,4676.35%$133,7095.56%-1.05%0.38%-0.26%0.16%
19997-6.73%$87,932-9.42%$106,405-8.37%$122,523-3.13%-0.58%0.39%-0.45%0.13%
19998-2.25%$85,949-3.25%$102,948-3.96%$117,669-0.50%-0.49%0.39%-0.07%0.14%
19999-4.11%$82,417-1.58%$101,3190.19%$117,893-2.74%0.91%0.41%1.08%0.84%
1999109.81%$90,4988.88%$110,3158.56%$127,9826.33%0.12%0.40%0.12%0.26%
1999111.71%$92,0410.71%$111,0990.12%$128,1382.02%-0.59%0.42%-0.08%0.16%
1999126.84%$98,3333.07%$114,5064.21%$133,5395.98%-1.60%0.43%-0.94%-0.03%
20001-7.48%$90,979-12.83%$99,814-16.15%$111,979-5.03%1.25%0.43%-0.46%-0.22%
20002-0.08%$90,903-0.90%$98,914-0.07%$111,897-1.91%2.96%0.47%1.00%0.76%
2000319.38%$108,51823.21%$121,87418.40%$132,4839.75%3.14%0.47%2.04%0.70%
20004-6.80%$101,134-8.76%$111,200-8.61%$121,079-3.00%-0.66%0.48%-0.26%0.19%
20005-4.93%$96,146-5.18%$105,438-5.65%$114,238-2.04%-0.46%0.48%0.16%0.30%
200066.30%$102,20012.09%$118,18113.49%$129,6462.49%2.30%0.46%2.20%1.30%
20007-1.43%$100,742-2.10%$115,694-1.26%$128,009-1.50%1.49%0.48%0.62%0.61%
2000812.00%$112,83415.14%$133,21514.58%$146,6776.19%2.08%0.51%1.62%0.92%
20009-10.91%$100,523-7.27%$123,529-5.94%$137,961-5.29%-0.85%0.52%0.89%0.79%
2000100.39%$100,9130.83%$124,5490.00%$137,964-0.43%1.57%0.51%0.90%0.60%
200011-10.01%$90,808-5.65%$117,513-5.81%$129,952-7.89%2.99%0.52%2.14%1.18%
2000123.14%$93,6639.48%$128,65210.56%$143,6790.51%2.45%0.51%2.39%1.38%
200115.27%$98,5979.54%$140,92714.44%$164,4213.55%0.28%0.48%1.33%1.26%
20012-13.46%$85,323-11.29%$125,015-10.87%$146,546-9.14%1.80%0.41%1.26%0.80%
20013-12.10%$75,001-10.24%$112,215-6.41%$137,159-6.36%-0.60%0.40%0.50%0.77%
200148.66%$81,4935.42%$118,2969.21%$149,7957.77%-2.56%0.35%-1.16%0.06%
200150.70%$82,0650.36%$118,7192.21%$153,1100.65%0.21%0.32%0.22%0.44%
20016-3.60%$79,107-4.21%$113,720-3.86%$147,197-2.45%0.76%0.30%0.30%0.33%
200172.63%$81,1879.69%$124,73510.85%$163,167-1.00%3.61%0.30%2.73%1.40%
20018-8.20%$74,529-6.64%$116,449-4.84%$155,276-6.27%2.02%0.29%1.11%0.79%
20019-12.71%$65,054-3.39%$112,4972.64%$159,369-8.09%0.88%0.28%2.41%1.68%
2001109.65%$71,33012.59%$126,66313.69%$181,1781.90%5.12%0.20%2.22%1.13%
2001115.57%$75,3010.68%$127,5301.08%$183,1357.65%-4.98%0.17%-2.32%-0.83%
200112-1.42%$74,229-4.86%$121,326-3.41%$176,8990.87%-1.91%0.15%-1.16%-0.27%
20021-1.10%$73,416-1.06%$120,0420.89%$178,472-1.47%1.20%0.14%0.45%0.44%
20022-1.81%$72,0892.16%$122,6322.76%$183,403-1.94%1.24%0.14%1.29%0.67%
200230.68%$72,576-5.54%$115,834-5.07%$174,1093.74%-3.86%0.15%-2.30%-0.82%
20024-5.28%$68,7471.62%$117,7095.89%$184,366-6.07%3.73%0.15%2.62%1.54%
20025-1.01%$68,0542.90%$121,1293.72%$191,222-0.75%0.39%0.15%1.04%0.59%
20026-9.69%$61,462-4.38%$115,826-2.85%$185,781-7.13%1.76%0.14%1.72%0.93%
20027-9.06%$55,892-0.88%$114,8093.31%$191,939-7.72%2.93%0.14%2.66%1.54%
200286.57%$59,56611.81%$128,3729.30%$209,7920.65%4.28%0.14%2.42%0.86%
20029-12.80%$51,942-4.32%$122,830-5.76%$197,706-10.87%4.02%0.14%3.03%1.21%
20021010.40%$57,34610.46%$135,68213.13%$223,6628.78%-2.84%0.13%-0.70%0.02%
2002118.14%$62,0142.77%$139,4430.69%$225,2015.88%-0.98%0.12%-1.32%-0.66%
200212-4.45%$59,2541.99%$142,2185.88%$238,451-5.89%4.05%0.10%2.58%1.46%
20031-5.13%$56,212-7.22%$131,947-7.01%$221,724-2.62%-0.45%0.10%-0.49%-0.13%
200321.39%$56,9905.38%$139,0504.09%$230,785-1.52%3.03%0.10%1.77%0.68%
20033-0.15%$56,9060.17%$139,2803.03%$237,7700.96%-1.13%0.10%-0.19%0.23%
2003414.66%$65,24614.26%$159,13713.73%$270,4138.25%0.91%0.09%0.24%0.11%
2003516.16%$75,79021.18%$192,84219.62%$323,4705.26%5.67%0.09%2.74%1.05%
20036-0.11%$75,708-0.46%$191,9491.14%$327,1491.26%-1.48%0.09%-0.43%0.01%
20037-8.84%$69,013-15.92%$161,388-8.52%$299,2721.74%-8.57%0.07%-3.87%-0.91%
200384.96%$72,4343.65%$167,2762.47%$306,6551.93%1.43%0.08%0.19%0.02%
200394.91%$75,99212.47%$188,12710.47%$338,758-1.07%5.07%0.08%3.09%1.15%
2003105.67%$80,3022.45%$192,7294.40%$353,6675.64%-2.58%0.08%-1.36%-0.34%
2003111.69%$81,6611.03%$194,722-0.33%$352,5090.86%0.31%0.08%0.01%-0.07%
20031210.12%$89,92912.22%$218,51714.42%$403,3325.22%1.23%0.08%0.85%0.59%
200415.20%$94,6096.45%$232,6164.63%$421,9961.82%1.74%0.08%0.81%0.22%
200424.77%$99,1217.69%$250,5047.99%$455,7101.38%1.96%0.08%1.23%0.58%
20043-0.70%$98,4252.14%$255,8591.13%$460,842-1.51%1.45%0.08%1.06%0.40%
20044-10.21%$88,378-18.46%$208,615-17.31%$381,054-1.58%-5.52%0.08%-3.25%-1.20%
200451.33%$89,552-0.61%$207,349-0.59%$378,8001.36%-0.56%0.08%-0.51%-0.16%
200464.18%$93,2975.27%$218,2852.36%$387,7381.93%0.87%0.09%0.54%0.02%
20047-3.64%$89,906-1.73%$214,499-3.13%$375,597-3.31%1.52%0.11%0.91%0.32%
200484.97%$94,3709.84%$235,6088.36%$406,9990.38%3.39%0.12%2.07%0.80%
200492.76%$96,9761.95%$240,2010.60%$409,4471.07%0.94%0.13%0.19%0.04%
2004104.19%$101,0396.06%$254,7554.54%$428,0191.51%1.46%0.14%0.91%0.33%
2004113.33%$104,399-1.18%$251,742-2.48%$417,3994.05%-2.25%0.16%-1.48%-0.63%
2004128.24%$112,9989.24%$275,0047.21%$447,4933.39%2.22%0.18%0.97%0.33%
20051-0.91%$111,966-2.38%$268,461-5.75%$421,742-2.45%2.59%0.18%0.56%0.04%
200521.37%$113,495-2.32%$262,219-3.23%$408,1182.09%-1.24%0.21%-0.98%-0.36%
20053-4.38%$108,524-6.55%$245,033-6.19%$382,852-1.76%-0.76%0.23%-0.51%-0.05%
200540.74%$109,3303.92%$254,6422.36%$391,900-1.91%3.22%0.23%1.75%0.72%
200558.19%$118,2869.62%$279,1407.39%$420,8553.17%2.55%0.24%1.20%0.44%
200561.94%$120,5761.50%$283,3270.00%$420,8640.13%1.64%0.25%0.55%0.24%
200572.12%$123,133-1.95%$277,816-1.68%$413,7893.71%-2.58%0.26%-1.41%-0.41%
200581.81%$125,3634.80%$291,1423.73%$429,227-0.91%2.87%0.28%1.65%0.75%
20059-3.01%$121,583-5.68%$274,614-5.79%$404,3550.79%-2.78%0.29%-1.14%-0.31%
200510-5.70%$114,655-8.10%$252,367-7.55%$373,817-1.68%-1.74%0.29%-0.79%-0.11%
2005116.33%$121,9186.71%$269,3126.71%$398,9003.76%0.57%0.33%0.48%0.39%
2005122.54%$125,0093.11%$277,6830.85%$402,2840.02%2.33%0.32%1.01%0.41%
200612.48%$128,1110.96%$280,3531.89%$409,8952.65%-0.90%0.33%-0.34%0.14%
200620.79%$129,121-1.14%$277,170-3.88%$393,9920.26%0.81%0.37%0.09%0.01%
20063-3.31%$124,849-4.70%$264,132-2.03%$385,9831.23%-3.39%0.38%-0.99%0.05%
20064-1.20%$123,349-1.62%$259,8671.40%$391,3891.33%-1.96%0.38%-0.37%0.33%
20065-5.60%$116,441-6.81%$242,170-8.92%$356,474-2.90%-0.03%0.39%0.02%0.05%
200660.37%$116,869-1.46%$238,636-1.70%$350,4130.13%0.71%0.40%0.10%0.25%
200672.67%$119,9865.22%$251,0884.78%$367,1520.61%1.84%0.41%1.35%0.76%
200686.76%$128,0939.35%$274,5547.51%$394,7072.36%2.74%0.42%1.62%0.75%
200695.53%$135,1816.45%$292,2685.49%$416,3692.56%1.58%0.41%0.94%0.55%
2006105.60%$142,7525.93%$309,6005.80%$440,5273.25%0.77%0.40%0.57%0.46%
2006114.86%$149,6926.19%$328,7674.39%$459,8731.89%1.91%0.42%1.12%0.55%
200612-1.41%$147,575-4.60%$313,658-5.02%$436,8081.39%-2.14%0.41%-0.98%-0.20%
200710.50%$148,309-0.97%$310,614-0.37%$435,1881.49%-0.85%0.41%-0.26%0.19%
20072-0.13%$148,1103.31%$320,9082.36%$445,470-1.97%2.93%0.42%1.86%0.93%
20073-0.53%$147,323-0.32%$319,895-0.02%$445,3781.11%-1.13%0.42%0.03%0.28%
200747.62%$158,5517.75%$344,6917.61%$479,2874.42%0.86%0.41%0.57%0.46%
200752.33%$162,240-2.06%$337,580-3.76%$461,2833.48%-1.93%0.40%-1.18%-0.40%
20076-4.73%$154,562-5.72%$318,267-3.26%$446,244-1.68%-0.88%0.39%-0.18%0.37%
20077-2.65%$150,4601.39%$322,6802.33%$456,640-3.08%2.39%0.39%1.81%1.06%
200784.33%$156,9719.64%$353,78810.76%$505,7741.50%1.97%0.40%1.97%1.15%
200795.77%$166,0366.56%$376,98310.61%$559,4543.72%0.21%0.33%0.46%0.74%
2007103.87%$172,4604.89%$395,4304.02%$581,9611.58%1.40%0.31%0.84%0.45%
200711-1.35%$170,1317.79%$426,24614.06%$663,799-4.19%4.59%0.32%3.46%2.16%
200712-2.32%$166,189-1.25%$420,937-1.46%$654,132-0.70%-0.48%0.26%0.27%0.25%
20081-6.91%$154,7053.30%$434,8399.80%$718,225-6.02%2.64%0.28%3.10%2.01%
20082-5.21%$146,6390.19%$435,6685.26%$756,009-3.25%0.35%0.16%1.35%1.09%
200830.35%$147,1522.86%$448,1340.35%$758,649-0.44%1.02%0.15%0.93%0.25%
200845.30%$154,949-2.75%$435,794-4.44%$724,9604.85%-1.84%0.11%-2.14%-0.96%
20085-0.97%$153,439-4.78%$414,969-5.11%$687,9361.29%-2.13%0.12%-1.32%-0.51%
20086-11.80%$135,327-11.11%$368,846-12.06%$604,965-8.44%1.80%0.15%0.77%0.33%
20087-1.29%$133,5861.46%$374,2472.70%$621,299-0.83%0.30%0.16%0.77%0.52%
200884.55%$139,6606.28%$397,7387.11%$665,4611.45%1.80%0.14%0.98%0.56%
20089-14.60%$119,276-13.03%$345,909-10.29%$597,005-8.91%0.28%0.14%0.51%0.53%
200810-32.76%$80,207-34.56%$226,357-22.97%$459,862-16.79%-3.63%0.08%-1.36%0.49%
2008114.38%$83,71914.49%$259,150-0.43%$457,888-7.17%12.07%0.04%5.58%1.03%
20081213.73%$95,21119.16%$308,79215.26%$527,7681.07%8.87%0.00%3.66%1.17%
20091-25.33%$71,091-25.29%$230,712-14.99%$448,644-8.41%-8.47%0.01%-2.39%-0.09%
20092-18.99%$57,594-20.45%$183,521-17.98%$367,991-10.66%-1.01%0.02%-0.58%-0.01%
2009321.52%$69,98829.56%$237,77024.49%$458,1298.76%5.27%0.02%3.20%0.90%
200949.00%$76,2887.34%$255,22312.68%$516,2229.56%-4.99%0.02%-1.76%-0.25%
200955.63%$80,5853.96%$265,33511.56%$575,9195.62%-2.68%0.01%-1.10%0.21%
200961.29%$81,622-1.47%$261,445-1.69%$566,1720.22%0.70%0.01%-0.37%-0.17%
2009713.55%$92,68415.25%$301,30614.84%$650,2037.58%0.80%0.02%0.60%0.22%
200988.18%$100,26410.09%$331,7079.98%$715,0863.60%1.68%0.02%0.89%0.37%
200998.79%$109,07310.44%$366,3399.33%$781,7723.72%1.98%0.01%0.92%0.29%
200910-5.07%$103,545-1.95%$359,209-0.46%$778,145-1.87%-1.45%0.01%0.25%0.24%
20091112.43%$116,41919.14%$427,95719.80%$932,1845.98%1.91%0.00%1.96%0.87%
200912-4.44%$111,249-11.71%$377,856-9.83%$840,5191.95%-5.66%0.01%-3.13%-1.13%
20101-2.36%$108,6213.38%$390,6124.96%$882,196-3.60%2.66%0.01%1.97%0.95%
201024.81%$113,8426.99%$417,8967.23%$945,9513.09%-0.21%0.01%0.40%0.19%
201037.86%$122,7895.55%$441,0975.62%$999,1056.01%-1.51%0.01%-0.91%-0.36%
201046.30%$130,5268.39%$478,1156.92%$1,068,1981.58%2.76%0.01%1.23%0.39%
20105-7.52%$120,708-4.50%$456,591-7.85%$984,381-8.01%4.23%0.01%1.85%0.48%
20106-2.37%$117,8441.10%$461,598-2.32%$961,521-5.24%4.67%0.01%2.07%0.56%
2010711.28%$131,14016.56%$538,03715.70%$1,112,4977.00%-0.17%0.02%1.07%0.38%
201082.06%$133,8381.96%$548,580-3.40%$1,074,719-4.53%7.08%0.01%2.00%0.37%
2010912.23%$150,21116.39%$638,47216.59%$1,252,9968.92%-1.82%0.01%0.36%0.18%
2010101.78%$152,8928.30%$691,4939.07%$1,366,6563.79%-3.29%0.01%0.45%0.26%
201011-2.18%$149,562-4.72%$658,872-3.58%$1,317,6960.00%-1.60%0.01%-0.98%-0.30%
2010126.15%$158,7600.05%$659,1745.30%$1,387,5836.67%-3.58%0.01%-2.29%-0.48%
201110.66%$159,8115.22%$693,5966.69%$1,480,4312.36%-2.38%0.01%0.29%0.25%
201127.28%$171,4463.52%$718,0272.91%$1,523,5333.42%1.24%0.01%-0.43%-0.22%
201130.05%$171,524-0.59%$713,766-1.61%$1,498,9690.03%0.02%0.01%-0.12%-0.13%
201147.60%$184,56412.44%$802,58012.99%$1,693,6332.95%2.04%0.01%1.60%0.71%
201152.55%$189,2666.48%$854,5664.07%$1,762,545-1.15%3.29%0.00%1.77%0.52%
20116-5.46%$178,924-3.57%$824,083-3.25%$1,705,276-1.67%-2.00%0.01%-0.16%-0.04%
201172.26%$182,9696.96%$881,4152.59%$1,749,501-2.05%4.18%0.00%2.18%0.52%
201182.72%$187,9403.81%$915,023-3.16%$1,694,239-5.45%8.68%0.01%2.70%0.52%
201192.10%$191,879-8.15%$840,413-14.21%$1,453,541-7.04%10.16%0.00%0.73%-0.22%
20111013.50%$217,78716.02%$975,04019.76%$1,740,72010.91%-3.34%0.00%-0.42%0.15%
2011112.06%$222,2831.01%$984,859-0.82%$1,726,365-0.23%1.82%0.00%0.29%-0.04%
2011125.91%$235,4166.45%$1,048,3394.09%$1,797,0391.02%3.13%0.00%1.00%0.21%
201217.47%$252,99911.19%$1,165,67610.03%$1,977,2574.46%0.08%0.00%0.81%0.23%
201224.25%$263,7403.97%$1,211,9465.40%$2,084,1244.31%-2.11%0.01%-0.65%-0.14%
201230.31%$264,5681.61%$1,231,4693.80%$2,163,2883.28%-3.77%0.01%-0.79%-0.13%
201244.83%$277,3556.05%$1,305,9252.54%$2,218,175-0.64%4.37%0.01%1.50%0.32%
201250.57%$278,929-4.08%$1,252,650-9.29%$2,012,146-6.02%7.79%0.01%1.24%0.06%
201264.82%$292,3695.70%$1,324,0205.26%$2,117,9114.11%-1.44%0.01%-0.22%-0.13%
201276.73%$312,0476.32%$1,407,6535.49%$2,234,2251.37%3.32%0.01%0.86%0.29%
201282.24%$319,0434.13%$1,465,7844.86%$2,342,7942.24%-1.06%0.01%0.10%0.11%
201291.41%$323,5283.91%$1,523,1324.50%$2,448,1962.58%-2.10%0.01%-0.06%0.03%
201210-3.67%$311,655-4.61%$1,452,852-5.03%$2,325,119-1.86%-0.43%0.01%-0.32%-0.16%
2012112.73%$320,1553.81%$1,508,1432.16%$2,375,2880.56%1.35%0.01%0.62%0.12%
201212-1.21%$316,295-0.49%$1,500,7092.48%$2,434,2150.90%-1.99%0.01%-0.41%0.09%
201314.11%$329,3015.01%$1,575,8957.75%$2,622,8225.18%-3.27%0.00%-0.74%-0.06%
201323.90%$342,1495.56%$1,663,4793.52%$2,715,1421.34%1.26%0.01%0.71%0.12%
201336.20%$363,3497.42%$1,786,8756.40%$2,888,8823.74%0.03%0.01%0.27%0.03%
201348.36%$393,7356.50%$1,903,0214.46%$3,017,8621.91%3.87%0.01%0.71%0.12%
20135-4.58%$375,708-4.93%$1,809,221-0.16%$3,012,8862.33%-6.23%0.00%-1.84%-0.34%
20136-6.63%$350,796-9.95%$1,629,189-5.21%$2,856,000-1.35%-3.26%0.00%-1.62%-0.26%
201375.76%$370,9978.95%$1,775,0639.75%$3,134,5185.07%-1.93%0.00%0.13%0.12%
20138-6.54%$346,731-9.66%$1,603,599-6.63%$2,926,638-2.91%-1.28%0.00%-1.02%-0.16%
201396.33%$368,68712.11%$1,797,7629.77%$3,212,6813.12%0.88%0.00%1.47%0.40%
2013109.35%$403,1639.87%$1,975,1349.00%$3,501,9564.59%1.32%0.00%0.49%0.13%
2013111.63%$409,7364.33%$2,060,7236.41%$3,726,4803.03%-2.49%0.00%-0.14%0.13%
2013120.93%$413,563-2.96%$1,999,8130.31%$3,738,1972.51%-2.37%0.01%-1.49%-0.33%
201412.71%$424,7852.15%$2,042,876-2.17%$3,657,220-3.47%6.26%0.01%1.67%0.32%
201428.33%$460,1668.51%$2,216,8087.87%$3,944,9654.56%0.60%0.00%0.21%0.03%
201432.20%$470,278-1.51%$2,183,353-1.08%$3,902,4720.82%0.63%0.00%-0.60%-0.21%
201443.64%$487,4033.51%$2,259,9573.74%$4,048,3080.72%1.82%0.00%0.49%0.23%
201457.53%$524,1108.73%$2,457,2475.35%$4,265,0382.33%2.73%0.00%1.03%0.13%
201463.17%$540,7132.75%$2,524,8053.80%$4,427,2172.05%-0.16%0.00%-0.13%0.04%
20147-1.50%$532,626-4.16%$2,419,727-3.99%$4,250,721-1.39%0.59%0.00%-0.39%-0.14%
2014812.27%$597,99611.46%$2,697,0608.13%$4,596,4843.98%4.23%0.00%1.03%0.14%
20149-5.02%$567,989-5.46%$2,549,803-4.00%$4,412,667-1.41%-1.99%0.00%-0.66%-0.14%
2014107.52%$610,7099.32%$2,787,4517.76%$4,754,9192.42%2.61%0.00%1.12%0.33%
2014118.29%$661,3308.43%$3,022,4887.11%$5,092,8302.68%2.86%0.00%0.84%0.23%
2014123.36%$683,574-2.12%$2,958,372-3.20%$4,929,922-0.26%2.82%0.00%-0.35%-0.24%
201517.12%$732,2347.82%$3,189,5882.04%$5,030,364-3.02%8.97%0.00%2.70%0.61%
201521.83%$745,6291.92%$3,250,9174.65%$5,264,0775.74%-5.66%0.00%-1.59%-0.42%
20153-1.11%$737,3320.99%$3,282,9841.12%$5,322,822-1.59%1.13%0.00%0.76%0.33%
20154-2.58%$718,2970.55%$3,300,9292.11%$5,435,2750.95%-3.07%0.00%-0.21%0.05%
20155-0.82%$712,4211.52%$3,351,0702.76%$5,585,5001.27%-2.16%0.00%-0.12%0.06%
20156-8.22%$653,843-6.70%$3,126,502-3.62%$5,383,377-1.93%-3.73%0.00%-0.74%-0.04%
201579.11%$713,4177.45%$3,359,3245.20%$5,663,2192.08%4.21%0.00%0.85%0.15%
20158-10.95%$635,265-10.18%$3,017,399-11.50%$5,011,982-6.05%-0.71%0.01%-0.03%-0.13%
20159-1.53%$625,5261.50%$3,062,7470.81%$5,052,492-2.48%1.91%0.01%1.19%0.43%
20151013.25%$708,40511.66%$3,419,71712.43%$5,680,4478.42%-0.48%0.00%-0.47%-0.13%
201511-0.63%$703,941-1.42%$3,371,253-3.21%$5,498,1200.29%-0.81%0.01%-0.39%-0.31%
201512-3.12%$681,952-4.52%$3,218,810-4.69%$5,240,074-1.59%-0.34%0.02%-0.38%-0.16%
20161-1.17%$673,9792.92%$3,312,6451.03%$5,294,121-4.98%5.24%0.01%2.36%0.82%
201623.57%$698,0233.50%$3,428,6651.19%$5,357,236-0.15%2.86%0.03%0.82%0.15%
2016311.19%$776,16612.07%$3,842,59813.81%$6,097,0076.78%0.05%0.03%0.22%0.26%
20164-0.27%$774,100-0.09%$3,839,0910.07%$6,101,3480.37%-0.63%0.02%-0.13%-0.03%
201653.83%$803,7551.86%$3,910,4041.61%$6,199,5761.78%0.69%0.02%-0.21%-0.10%
201669.23%$877,9359.98%$4,300,5628.65%$6,735,5480.25%6.57%0.03%2.05%0.75%
201678.73%$954,6086.16%$4,565,5084.69%$7,051,5743.68%2.01%0.02%0.04%-0.10%
20168-1.18%$943,332-3.35%$4,412,647-3.35%$6,815,4270.13%-1.00%0.02%-0.72%-0.29%
20169-1.82%$926,1681.23%$4,466,7562.30%$6,972,4360.01%-1.32%0.03%0.29%0.23%
201610-8.78%$844,810-6.64%$4,170,204-4.68%$6,646,195-1.83%-4.23%0.02%-0.73%-0.12%
201611-4.56%$806,279-6.64%$3,893,323-0.91%$6,585,5983.70%-7.86%0.03%-2.65%-0.58%
2016122.68%$827,9122.77%$4,001,3372.70%$6,763,7141.96%-0.35%0.04%-0.05%-0.00%
201713.90%$860,1804.32%$4,174,1945.57%$7,140,6541.88%0.65%0.04%0.30%0.26%
201728.57%$933,8928.17%$4,515,4186.86%$7,630,2713.96%1.57%0.04%0.39%0.07%
20173-0.72%$927,1800.24%$4,526,195-0.13%$7,620,0610.10%-0.59%0.04%0.07%0.02%
201743.69%$961,4105.02%$4,753,4623.12%$7,857,5121.02%1.58%0.06%0.77%0.19%
201754.50%$1,004,6904.76%$4,979,7582.48%$8,052,3251.39%1.73%0.07%0.59%0.09%
201761.71%$1,021,828-1.68%$4,896,246-0.98%$7,973,3590.61%0.63%0.08%-0.47%-0.09%
201772.40%$1,046,3734.89%$5,135,8875.54%$8,415,0882.04%-0.59%0.08%0.42%0.28%
201784.73%$1,095,8334.10%$5,346,5331.57%$8,547,2750.29%3.27%0.09%0.86%0.19%
201790.17%$1,097,682-1.01%$5,292,4150.08%$8,554,2632.06%-2.27%0.08%-0.83%-0.20%
2017103.62%$1,137,4702.38%$5,418,3811.86%$8,713,4652.32%-0.02%0.09%-0.21%-0.08%
2017115.71%$1,202,4502.69%$5,564,3340.84%$8,786,2783.06%0.63%0.09%-0.39%-0.27%
2017124.01%$1,250,7201.57%$5,651,931-0.26%$8,763,0901.10%1.78%0.10%0.07%-0.07%
201814.60%$1,308,2631.42%$5,732,2642.96%$9,022,4025.71%-3.40%0.11%-1.56%-0.44%
20182-10.23%$1,174,394-9.06%$5,212,971-8.50%$8,255,854-3.69%-2.89%0.12%-0.49%-0.08%
20183-0.77%$1,165,344-1.41%$5,139,590-2.57%$8,043,863-2.56%2.75%0.14%0.75%0.29%
20184-2.42%$1,137,166-4.50%$4,908,173-4.57%$7,676,5360.37%-2.04%0.14%-0.92%-0.30%
201856.07%$1,206,1486.72%$5,237,9476.22%$8,154,3892.39%1.79%0.15%0.76%0.36%
201861.57%$1,225,1110.64%$5,271,6930.22%$8,172,6900.61%0.66%0.16%0.11%0.10%
201874.07%$1,275,0323.60%$5,461,7273.07%$8,423,5553.71%-1.28%0.16%-0.35%-0.10%
201886.62%$1,359,4758.10%$5,904,3997.61%$9,064,6803.25%1.18%0.17%0.77%0.37%
20189-3.13%$1,316,874-3.89%$5,674,628-3.54%$8,743,6060.55%-2.74%0.17%-0.82%-0.20%
201810-15.46%$1,113,219-12.58%$4,960,753-12.38%$7,661,491-6.85%-2.82%0.18%-0.06%0.10%
2018115.37%$1,172,9906.89%$5,302,4775.44%$8,078,2432.03%1.78%0.19%0.96%0.38%
201812-7.88%$1,080,613-6.95%$4,934,013-7.17%$7,498,925-9.04%5.50%0.19%1.90%0.88%
2019113.47%$1,226,15614.90%$5,669,01614.19%$8,563,3798.00%0.49%0.20%0.58%0.30%
201923.12%$1,264,4572.96%$5,836,7352.74%$8,797,6233.20%-1.31%0.20%-0.26%-0.01%
2019310.18%$1,393,16110.56%$6,452,8929.74%$9,654,8581.94%5.47%0.20%1.78%0.78%
201943.74%$1,445,2265.38%$6,800,3276.05%$10,239,1084.04%-1.88%0.20%-0.05%0.15%
20195-1.92%$1,417,498-1.84%$6,675,041-2.84%$9,948,036-6.36%6.65%0.20%2.05%0.88%
2019612.58%$1,595,82315.42%$7,704,16314.75%$11,415,4967.03%1.01%0.19%1.02%0.48%
201972.30%$1,632,5100.65%$7,754,439-0.82%$11,322,3171.43%0.22%0.17%-0.16%-0.09%
2019811.45%$1,819,3968.22%$8,391,6785.93%$11,994,031-1.59%10.68%0.17%2.48%0.92%
20199-0.79%$1,804,940-1.12%$8,297,661-1.39%$11,827,0931.86%-2.62%0.16%-0.70%-0.22%
2019101.76%$1,836,6853.50%$8,588,4364.61%$12,372,0882.15%-1.10%0.15%0.16%0.25%
2019115.19%$1,931,9933.55%$8,893,6763.92%$12,857,0673.62%-0.39%0.13%-0.37%-0.05%
2019120.65%$1,944,6282.52%$9,118,0455.01%$13,501,5763.01%-3.00%0.13%-0.36%0.14%
202019.51%$2,129,4709.63%$9,995,6995.29%$14,215,698-0.05%7.29%0.13%2.19%0.60%
20202-4.97%$2,023,678-4.20%$9,576,289-3.23%$13,755,998-8.24%6.58%0.13%2.12%1.04%
20203-12.97%$1,761,268-10.19%$8,600,230-10.04%$12,374,966-12.37%5.67%0.10%2.27%1.01%
2020423.57%$2,176,47223.30%$10,604,07823.59%$15,294,48612.81%1.81%0.01%0.46%0.22%
202055.57%$2,297,7339.81%$11,644,33612.10%$17,144,7264.76%-1.67%0.01%0.42%0.38%
202063.78%$2,384,6184.62%$12,182,5474.19%$17,863,7851.98%0.40%0.01%0.30%0.09%
2020714.89%$2,739,69511.52%$13,586,13211.24%$19,872,2485.63%4.17%0.01%0.49%0.18%
202085.47%$2,889,46410.77%$15,048,95213.89%$22,631,8957.18%-4.71%0.01%-0.22%0.19%
20209-5.25%$2,737,859-5.59%$14,207,348-5.73%$21,334,228-3.81%0.78%0.01%0.16%0.06%
202010-8.74%$2,498,648-7.27%$13,174,083-5.25%$20,214,680-2.67%-3.19%0.01%-0.59%-0.06%
20201120.10%$3,000,86719.08%$15,687,73719.25%$24,105,93110.94%1.53%0.01%0.23%0.11%
2020125.03%$3,151,9476.96%$16,780,0477.14%$25,825,9203.84%-0.95%0.01%0.14%0.08%
20211-6.41%$2,949,939-3.90%$16,125,245-1.59%$25,415,950-1.02%-3.49%0.01%-0.46%0.02%
20212-3.15%$2,856,998-1.76%$15,841,5631.42%$25,777,7752.75%-5.69%0.01%-1.32%-0.27%
202130.83%$2,880,6433.00%$16,316,7697.96%$27,829,4104.37%-4.72%0.00%-0.88%0.07%
2021411.98%$3,225,70212.18%$18,304,00510.63%$30,788,2705.32%2.37%0.00%0.72%0.16%
202151.36%$3,269,4563.57%$18,958,2312.57%$31,578,1360.69%0.17%0.00%0.52%0.13%
202169.07%$3,566,1223.37%$19,597,318-0.10%$31,547,3912.31%3.90%0.00%-0.09%-0.34%
202178.78%$3,879,1539.28%$21,415,6985.26%$33,206,3912.38%3.60%0.00%1.13%0.12%
202184.67%$4,060,4713.65%$22,198,2965.04%$34,878,9773.03%-0.23%0.01%-0.28%0.01%
20219-11.58%$3,590,098-12.34%$19,458,425-9.79%$31,462,911-4.66%-2.88%0.00%-0.97%-0.18%
Portfolio return and risk metrics
Metric165/135 stock/LTT (original HFEA)165/540 stock/ITT ("ITT" HFEA)165/1150 stock/STT ("STT" HFEA)
Arithmetic Mean (monthly)1.93%2.51%2.62%
Arithmetic Mean (annualized)25.76%34.68%36.33%
Geometric Mean (monthly)1.66%2.14%2.28%
Geometric Mean (annualized)21.87%28.99%31.09%
Volatility (monthly)7.24%8.56%8.23%
Volatility (annualized)25.09%29.65%28.51%
Downside Deviation (monthly)4.54%5.09%4.63%
Max. Drawdown-66.60%-59.05%-51.49%
US Market Correlation0.820.660.68
Beta(*)1.391.331.32
Alpha (annualized)7.81%15.54%16.93%
R267.80%44.07%46.75%
Sharpe Ratio0.830.941.02
Sortino Ratio1.301.551.77
Treynor Ratio (%)14.9220.9322.08
Calmar Ratio2.213.643.74
Active Return11.53%18.65%20.75%
Tracking Error15.39%22.70%21.32%
Information Ratio0.750.820.97
Skewness-0.56-0.32-0.14
Excess Kurtosis1.781.370.37
Historical Value-at-Risk (5%)-10.80%-12.06%-11.61%
Analytical Value-at-Risk (5%)-9.97%-11.55%-10.90%
Conditional Value-at-Risk (5%)-15.19%-17.33%-15.82%
Upside Capture Ratio (%)169.40185.33188.74
Downside Capture Ratio (%)126.41110.80104.50
Safe Withdrawal Rate18.42%26.11%29.79%
Perpetual Withdrawal Rate16.40%21.13%22.43%
Positive Periods232 out of 357 (64.99%)234 out of 357 (65.55%)233 out of 357 (65.27%)
Gain/Loss Ratio1.061.121.20
* 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 PeriodStartEnd165/135 stock/LTT (original HFEA)165/540 stock/ITT ("ITT" HFEA)165/1150 stock/STT ("STT" HFEA)
Asian CrisisJul 1997Jan 1998-13.59%-16.30%-14.30%
Russian Debt DefaultJul 1998Oct 1998-20.87%-13.58%-12.63%
Dotcom CrashMar 2000Oct 2002-53.97%-20.37%-16.58%
Subprime CrisisNov 2007Mar 2009-66.60%-59.05%-51.49%
COVID-19 StartJan 2020Mar 2020-17.29%-13.96%-12.95%

Drawdowns for 165/135 stock/LTT (original HFEA)

Drawdowns for 165/135 stock/LTT (original HFEA) (worst 10)
RankStartEndLengthRecovery ByRecovery TimeUnderwater PeriodDrawdown
1Nov 2007Feb 20091 year 4 monthsApr 20112 years 2 months3 years 6 months-66.60%
2Sep 2000Sep 20022 years 1 monthDec 20042 years 3 months4 years 4 months-53.97%
3Feb 1994Jun 19945 monthsApr 199510 months1 year 3 months-25.68%
4Jul 1998Aug 19982 monthsNov 19983 months5 months-20.87%
5Sep 2018Dec 20184 monthsMar 20193 months7 months-20.51%
6Feb 2020Mar 20202 monthsApr 20201 month3 months-17.29%
7Mar 2015Sep 20157 monthsMar 20166 months1 year 1 month-16.11%
8Aug 2016Nov 20164 monthsApr 20175 months9 months-15.54%
9Feb 1999Sep 19998 monthsDec 19993 months11 months-14.87%
10Aug 1997Aug 19971 monthNov 19973 months4 months-13.59%
Worst 10 drawdowns included above

Drawdowns for 165/540 stock/ITT ("ITT" HFEA)

Drawdowns for 165/540 stock/ITT ("ITT" HFEA) (worst 10)
RankStartEndLengthRecovery ByRecovery TimeUnderwater PeriodDrawdown
1Apr 2008Feb 200911 monthsApr 20101 year 2 months2 years 1 month-59.05%
2Feb 1994Nov 199410 monthsMay 19956 months1 year 4 months-46.28%
3Feb 1999Feb 20001 year 1 monthApr 20033 years 2 months4 years 3 months-30.69%
4Feb 1996Aug 19967 monthsNov 19963 months10 months-24.63%
5Jan 1992Mar 19923 monthsJul 19924 months7 months-20.83%
6Dec 1996Mar 19974 monthsMay 19972 months6 months-20.12%
7Apr 2004May 20042 monthsDec 20047 months9 months-18.96%
8Sep 2005Jun 200610 monthsSep 20063 months1 year 1 month-18.03%
9Sep 2018Dec 20184 monthsMar 20193 months7 months-16.43%
10Jun 2003Jul 20032 monthsNov 20034 months6 months-16.31%
Worst 10 drawdowns included above

Drawdowns for 165/1150 stock/STT ("STT" HFEA)

Drawdowns for 165/1150 stock/STT ("STT" HFEA) (worst 10)
RankStartEndLengthRecovery ByRecovery TimeUnderwater PeriodDrawdown
1Apr 2008Feb 200911 monthsSep 20097 months1 year 6 months-51.49%
2Feb 1994Dec 199411 monthsJun 19956 months1 year 5 months-50.81%
3Feb 1999Feb 20001 year 1 monthJan 200111 months2 years-27.48%
4Feb 1996Jul 19966 monthsOct 19963 months9 months-24.07%
5Apr 2004Jun 20062 years 3 monthsApr 200710 months3 years 1 month-23.96%
6Jan 1992Mar 19923 monthsJun 19923 months6 months-20.42%
7Jun 2011Sep 20114 monthsDec 20113 months7 months-17.53%
8Sep 2018Dec 20184 monthsMar 20193 months7 months-17.27%
9Feb 2001Mar 20012 monthsOct 20017 months9 months-16.58%
10Dec 1996Mar 19974 monthsMay 19972 months6 months-16.26%
Worst 10 drawdowns included above

Portfolio Assets

Performance statistics for portfolio components
TickerNameCAGRStdevBest YearWorst YearMax. DrawdownSharpe RatioSortino RatioUS Mkt Correlation
VFINXVanguard 500 Index Investor10.24%14.42%37.45%-37.02%-50.97%0.590.860.99
VUSTXVanguard Long-Term Treasury Inv7.06%10.18%30.09%-13.03%-18.92%0.490.82-0.21
CASHXCash2.36%0.59%5.99%0.03%0.00%N/AN/A-0.02
VFITXVanguard Interm-Term Treasury Inv5.25%4.62%20.44%-4.33%-6.47%0.631.05-0.18
VFISXVanguard Short-Term Treasury Inv3.68%1.90%12.11%-0.57%-2.23%0.731.28-0.19

Monthly Correlations

Correlations for the portfolio assets
TickerNameVFINXVUSTXCASHXVFITXVFISX165/135 stock/LTT (original HFEA)165/540 stock/ITT ("ITT" HFEA)165/1150 stock/STT ("STT" HFEA)
VFINXVanguard 500 Index Investor1.00-0.19-0.01-0.15-0.170.840.690.71
VUSTXVanguard Long-Term Treasury Inv-0.191.000.050.860.640.360.480.32
CASHXCash-0.010.051.000.140.34-0.03-0.010.00
VFITXVanguard Interm-Term Treasury Inv-0.150.860.141.000.900.320.600.52
VFISXVanguard Short-Term Treasury Inv-0.170.640.340.901.000.170.490.54

Portfolio Return Decomposition

Portfolio return decomposition
TickerName165/135 stock/LTT (original HFEA)165/540 stock/ITT ("ITT" HFEA)165/1150 stock/STT ("STT" HFEA)
VFINXVanguard 500 Index Investor$3,089,141$15,468,281$24,514,999
VUSTXVanguard Long-Term Treasury Inv$735,294
CASHXCash-$244,337-$2,368,387-$7,974,310
VFITXVanguard Interm-Term Treasury Inv$6,348,531
VFISXVanguard Short-Term Treasury Inv$14,912,222

Portfolio Risk Decomposition

Portfolio risk decomposition
TickerName165/135 stock/LTT (original HFEA)165/540 stock/ITT ("ITT" HFEA)165/1150 stock/STT ("STT" HFEA)
VFINXVanguard 500 Index Investor80.01%55.33%58.96%
VUSTXVanguard Long-Term Treasury Inv19.87%
CASHXCash0.12%0.11%-0.10%
VFITXVanguard Interm-Term Treasury Inv44.56%
VFISXVanguard Short-Term Treasury Inv41.14%

Annual Asset Returns

Rolling returns summary
Roll Period165/135 stock/LTT (original HFEA)165/540 stock/ITT ("ITT" HFEA)165/1150 stock/STT ("STT" HFEA)
AverageHighLowAverageHighLowAverageHighLow
1 year26.43%112.35%-60.72%34.79%187.76%-57.88%36.52%201.60%-51.32%
3 years22.93%66.06%-23.59%29.33%87.61%-12.84%30.54%82.53%-2.25%
5 years21.51%51.53%-10.29%28.29%64.59%-6.03%29.94%60.71%-4.19%
7 years20.02%42.82%-3.16%27.33%51.93%5.93%29.26%50.64%10.46%
10 years18.23%36.19%-3.81%26.42%41.33%4.92%28.67%42.90%11.26%
15 years16.82%26.08%9.42%25.08%34.50%16.35%27.51%35.03%21.01%