Asset Allocation
Find the right asset allocation for Aronson Family Taxable Portfolio
Add portfolio to the optimizer to find optimal allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
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Performance Chart
The chart shows the growth of an initial investment of $10,000 in Aronson Family Taxable Portfolio, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced Every 3 months.
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Returns By Period
As of Jun 3, 2026, the Aronson Family Taxable Portfolio returned 13.84% Year-To-Date and 9.33% of annualized return in the last 10 years.
| Position | 1D | 1M | YTD | 6M | 1Y | 3Y* | 5Y* | 10Y* |
|---|---|---|---|---|---|---|---|---|
Benchmark S&P 500 Index | 0.13% | 5.25% | 11.16% | 11.43% | 28.20% | 21.12% | 12.66% | 13.75% |
Portfolio Aronson Family Taxable Portfolio | 0.44% | 4.37% | 13.84% | 14.71% | 28.49% | 15.24% | 6.67% | 9.33% |
| Portfolio components: | ||||||||
EEM iShares MSCI Emerging Markets ETF | 1.03% | 10.40% | 29.41% | 32.25% | 58.14% | 24.46% | 7.47% | 10.06% |
HYG iShares iBoxx $ High Yield Corporate Bond ETF | 0.08% | 0.31% | 1.60% | 2.09% | 7.00% | 8.58% | 3.87% | 4.97% |
IJR iShares Core S&P Small-Cap ETF | 0.89% | 1.64% | 16.42% | 16.87% | 34.85% | 14.73% | 5.90% | 10.76% |
IJS iShares S&P SmallCap 600 Value ETF | 1.07% | 2.26% | 16.54% | 17.68% | 41.12% | 14.47% | 5.86% | 10.20% |
IJT iShares S&P SmallCap 600 Growth ETF | 0.68% | 0.94% | 16.04% | 15.93% | 28.51% | 14.61% | 5.70% | 10.80% |
TIP iShares TIPS Bond ETF | -0.01% | -0.09% | 1.73% | 1.47% | 5.06% | 3.94% | 1.11% | 2.59% |
TLT iShares 20+ Year Treasury Bond ETF | 0.21% | 0.44% | 0.13% | -1.35% | 5.16% | -1.67% | -5.98% | -1.62% |
VGK Vanguard FTSE Europe ETF | 0.50% | 2.08% | 6.90% | 10.71% | 18.42% | 16.79% | 8.68% | 9.39% |
VPL Vanguard FTSE Pacific ETF | 0.40% | 10.55% | 30.65% | 33.92% | 52.92% | 23.14% | 10.67% | 10.87% |
VTI Vanguard Total Stock Market ETF | 0.26% | 5.37% | 12.01% | 12.40% | 30.01% | 22.37% | 13.05% | 15.13% |
Monthly Returns
Based on dividend-adjusted daily data since Apr 12, 2007, Aronson Family Taxable Portfolio's average daily return is +0.03%, while the average monthly return is +0.66%. At this rate, an investment would double in approximately 8.8 years.
Historically, 65% of months were positive and 35% were negative. The best month was Nov 2020 with a return of +10.0%, while the worst month was Oct 2008 at -16.1%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 6 months.
On a daily basis, Aronson Family Taxable Portfolio closed higher 54% of trading days. The best single day was Oct 13, 2008 with a return of +9.0%, while the worst single day was Oct 15, 2008 at -7.1%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.92% | 3.27% | -5.51% | 7.41% | 3.59% | 0.90% | 13.84% | ||||||
| 2025 | 2.35% | -0.11% | -2.27% | -0.28% | 3.34% | 3.88% | 0.45% | 3.34% | 2.60% | 1.53% | 0.39% | 0.38% | 16.54% |
| 2024 | -1.29% | 2.42% | 2.45% | -3.76% | 3.51% | 0.71% | 3.91% | 1.03% | 1.89% | -2.96% | 3.78% | -4.06% | 7.40% |
| 2023 | 7.11% | -3.21% | 1.51% | -0.01% | -1.42% | 4.29% | 2.90% | -3.11% | -4.29% | -3.25% | 7.49% | 6.36% | 14.19% |
| 2022 | -4.40% | -1.09% | -0.49% | -6.86% | 0.39% | -6.55% | 6.09% | -3.85% | -8.99% | 4.42% | 7.16% | -3.74% | -17.79% |
| 2021 | 0.96% | 1.82% | 1.40% | 2.34% | 1.28% | 1.16% | 0.05% | 1.30% | -2.64% | 2.81% | -1.68% | 2.52% | 11.75% |
Benchmark Metrics
Aronson Family Taxable Portfolio has an annualized alpha of 0.97%, beta of 0.68, and R2 of 0.88 versus S&P 500 Index. Calculated based on daily prices since April 12, 2007.
- This portfolio participated in 76.49% of S&P 500 Index downside but only 71.66% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.68 indicates this portfolio moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- 0.97%
- Beta
- 0.68
- R²
- 0.88
- Upside Capture
- 71.66%
- Downside Capture
- 76.49%
Expense Ratio
Aronson Family Taxable Portfolio has an expense ratio of 0.19%, which is considered low. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.
Top 10 holdings
Return for Risk
Risk / Return Rank
Aronson Family Taxable Portfolio ranks 61 for risk / return — better than 61% of Portfolios on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below presents risk-adjusted performance metrics for Aronson Family Taxable Portfolio and compares them with S&P 500 Index.
| Portfolio | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.59 | 2.39 | +0.20 |
Sortino ratioReturn per unit of downside risk | 3.62 | 3.25 | +0.37 |
Omega ratioGain probability vs. loss probability | 1.47 | 1.43 | +0.04 |
Calmar ratioReturn relative to maximum drawdown | 3.64 | 3.11 | +0.53 |
Martin ratioReturn relative to average drawdown | 15.04 | 14.38 | +0.66 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
How much return does each position deliver for the risk it carries? Higher values mean better reward for the risk taken.
| Position | Risk / Return Rank | Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio |
|---|---|---|---|---|---|---|
EEM iShares MSCI Emerging Markets ETF | 84 | 2.93 | 3.75 | 1.53 | 4.39 | 16.94 |
HYG iShares iBoxx $ High Yield Corporate Bond ETF | 60 | 1.85 | 2.80 | 1.36 | 2.99 | 13.22 |
IJR iShares Core S&P Small-Cap ETF | 64 | 2.00 | 2.88 | 1.34 | 3.96 | 13.21 |
IJS iShares S&P SmallCap 600 Value ETF | 71 | 2.26 | 3.20 | 1.39 | 4.35 | 14.25 |
IJT iShares S&P SmallCap 600 Growth ETF | 52 | 1.63 | 2.40 | 1.29 | 3.15 | 10.95 |
TIP iShares TIPS Bond ETF | 44 | 1.49 | 2.29 | 1.27 | 2.38 | 7.17 |
TLT iShares 20+ Year Treasury Bond ETF | 16 | 0.53 | 0.83 | 1.09 | 0.55 | 1.38 |
VGK Vanguard FTSE Europe ETF | 34 | 1.21 | 1.76 | 1.22 | 1.62 | 6.04 |
VPL Vanguard FTSE Pacific ETF | 80 | 2.72 | 3.55 | 1.49 | 4.13 | 16.33 |
VTI Vanguard Total Stock Market ETF | 74 | 2.48 | 3.37 | 1.45 | 3.44 | 15.88 |
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Dividends
Dividend yield
Aronson Family Taxable Portfolio provided a 2.45% dividend yield over the last twelve months.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 2.45% | 2.70% | 2.60% | 2.46% | 3.00% | 2.32% | 1.58% | 2.24% | 2.53% | 2.10% | 2.13% | 2.06% |
| Portfolio components: | ||||||||||||
EEM iShares MSCI Emerging Markets ETF | 1.72% | 2.22% | 2.43% | 2.63% | 2.50% | 1.99% | 1.45% | 2.76% | 2.24% | 1.89% | 1.89% | 2.49% |
HYG iShares iBoxx $ High Yield Corporate Bond ETF | 5.90% | 5.71% | 6.01% | 5.74% | 5.30% | 4.02% | 4.88% | 4.99% | 5.54% | 5.12% | 5.27% | 5.90% |
IJR iShares Core S&P Small-Cap ETF | 1.14% | 1.44% | 2.05% | 1.31% | 1.41% | 1.53% | 1.11% | 1.44% | 1.58% | 1.20% | 1.22% | 1.48% |
IJS iShares S&P SmallCap 600 Value ETF | 1.28% | 1.62% | 1.78% | 1.42% | 1.46% | 1.52% | 1.00% | 1.66% | 1.75% | 1.41% | 1.22% | 1.59% |
IJT iShares S&P SmallCap 600 Growth ETF | 0.76% | 0.91% | 1.06% | 1.02% | 1.08% | 0.63% | 0.68% | 0.92% | 0.92% | 0.86% | 1.03% | 1.14% |
TIP iShares TIPS Bond ETF | 3.75% | 3.46% | 2.52% | 2.73% | 6.96% | 4.28% | 1.17% | 1.75% | 2.71% | 2.07% | 1.48% | 0.34% |
TLT iShares 20+ Year Treasury Bond ETF | 4.57% | 4.43% | 4.30% | 3.38% | 2.67% | 1.50% | 1.50% | 2.27% | 2.63% | 2.43% | 2.60% | 2.61% |
VGK Vanguard FTSE Europe ETF | 2.78% | 2.86% | 3.61% | 3.15% | 3.25% | 3.05% | 2.11% | 3.27% | 3.95% | 2.70% | 3.52% | 3.25% |
VPL Vanguard FTSE Pacific ETF | 2.72% | 4.01% | 3.15% | 3.12% | 2.75% | 3.19% | 1.81% | 2.84% | 3.06% | 2.57% | 2.65% | 2.43% |
VTI Vanguard Total Stock Market ETF | 1.01% | 1.12% | 1.27% | 1.44% | 1.66% | 1.21% | 1.42% | 1.78% | 2.04% | 1.71% | 1.92% | 1.98% |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Aronson Family Taxable Portfolio. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Aronson Family Taxable Portfolio was 42.95%, occurring on Mar 9, 2009. Recovery took 420 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -42.95%Mar 2009 | 1y 4mo | 1y 8mo | 3y 4dNov 2007 - Nov 2010 |
COVID crash2020 | -25.12%Mar 2020 | 2mo 1d | 4mo 19d | 6mo 20dJan 2020 - Aug 2020 |
Bear market2022 | -24.93%Oct 2022 | 11mo 8d | 1y 9mo | 2y 8moNov 2021 - Jul 2024 |
2016 correction2016 | -14.48%Feb 2016 | 9mo 20d | 5mo 17d | 1y 3moApr 2015 - Jul 2016 |
Rate-hike selloffLate 2018 | -14.09%Dec 2018 | 10mo 29d | 6mo 9d | 1y 5moJan 2018 - Jul 2019 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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Diversification
AI Analysis
Thesis
The portfolio is a broad equity allocation wrapped around two bond sleeves, so the real bet is on global risk assets with a partial inflation and duration hedge around the edges.
The numbers
- Diversification ratio is 1.29 inceptive, only 51.8th percentile on the platform; that is real diversification, but not the kind that makes correlations look embarrassed.
- Effective asset count is 9.09 of 11, so the weights are spread reasonably well even if some positions are close cousins in the same market family.
- Mean pairwise correlation is 0.46, with several near-clones: VV (Large Cap Growth Equities) and VTI (Large Cap Blend Equities) at 0.99, and IJT/IJR/IJS in the 0.95-0.98 range.
What works
- TLT (Government Bonds, Long-Term Bond) and TIP (Inflation-Protected Bonds) are the obvious diversifiers here, and the data agrees: they sit in the lowest-correlation part of the matrix.
- The international mix, especially VPL (Asia Pacific Equities), VGK (Europe Equities), and EEM (Emerging Markets Diversified), gives the equity sleeve some geographic spread rather than one country wearing several hats.
What does not
- The domestic U.S. equity cluster is dense enough that VV, VTI, IJT, IJR, and IJS behave like one large idea with sublabels.
- HYG (High Yield Bonds) is not much of a separate shock absorber; its 0.70 portfolio correlation says it travels with risk assets when risk assets are under strain.
- To be fair, the bond sleeve is split between rate sensitivity and inflation sensitivity, but that is still only two macro stories.
Stress Scenario
- A growth scare with sticky inflation would be awkward: equities would likely de-rate together, TLT would be pressured by duration, and HYG would probably not provide the clean offset that its label promises.
Diversification Metrics
Number of Effective Assets
The portfolio contains 11 assets, with an effective number of assets of 9.09, reflecting the diversification based on asset allocation. Your capital is well-distributed across most of your holdings, with only mild concentration in a few names. True diversification also depends on the correlations between assets — check the diversification ratio below.
Diversification Ratio
1Y | 3Y | 5Y | 10Y | All Time | |
|---|---|---|---|---|---|
Diversification Ratio | 1.22 | 1.25 | 1.27 | 1.28 | 1.29 |
The portfolio has a diversification ratio of 1.29, in line with the typical range across portfolios. There's room to improve by adding less correlated assets.
Aronson Family Taxable Portfolio correlation to the S&P 500 Index
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.87 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.86 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.88 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.89 |
Correlation (All Time) Calculated using the full available price history since Apr 12, 2007 | 0.91 |
Benchmark Correlations
Correlation vs. S&P 500 Index. VV has the highest benchmark correlation at 1.00, while TLT has the lowest at -0.26.
Asset Correlations Table
Find what Aronson Family Taxable Portfolio is missing
See which holdings overlap, where Aronson Family Taxable Portfolio is concentrated, and which low-correlation assets could fill the gaps.
Analyze Diversification