Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
CALF Pacer US Small Cap Cash Cows 100 ETF | Small Cap Blend Equities | 25% |
COWZ Pacer US Cash Cows 100 ETF | Mid Cap Value Equities, Dividend | 25% |
SCHD Schwab U.S. Dividend Equity ETF | Dividend | 25% |
SCHX Schwab U.S. Large-Cap ETF | Large Cap Blend Equities | 25% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in 4-ETF 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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The earliest data available for this chart is Jun 19, 2017, corresponding to the inception date of CALF
Returns By Period
| 1D | 1M | YTD | 6M | 1Y | 3Y* | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|---|---|
Benchmark S&P 500 Index | 0.11% | -4.18% | -3.84% | -1.98% | 21.98% | 16.86% | 10.37% | 12.29% |
Portfolio 4-ETF Portfolio | 0.26% | -2.50% | 3.81% | 6.21% | 24.39% | 12.47% | 8.77% | — |
| Portfolio components: | ||||||||
SCHX Schwab U.S. Large-Cap ETF | 0.08% | -4.02% | -3.63% | -1.77% | 23.35% | 18.46% | 11.31% | 14.06% |
SCHD Schwab U.S. Dividend Equity ETF | 0.16% | -2.29% | 12.35% | 13.59% | 18.75% | 11.70% | 8.35% | 12.30% |
CALF Pacer US Small Cap Cash Cows 100 ETF | 0.49% | -1.52% | 1.92% | 3.02% | 30.42% | 6.80% | 3.30% | — |
COWZ Pacer US Cash Cows 100 ETF | 0.32% | -2.59% | 4.25% | 9.59% | 23.24% | 11.56% | 10.99% | — |
Monthly Returns
Based on dividend-adjusted daily data since Jun 20, 2017, 4-ETF Portfolio's average daily return is +0.05%, while the average monthly return is +1.06%. At this rate, your investment would double in approximately 5.5 years.
Historically, 62% of months were positive and 38% were negative. The best month was Nov 2020 with a return of +14.7%, while the worst month was Mar 2020 at -15.9%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 4 months.
On a daily basis, 4-ETF Portfolio closed higher 53% of trading days. The best single day was Mar 24, 2020 with a return of +9.3%, while the worst single day was Mar 16, 2020 at -10.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.93% | 3.02% | -3.29% | 0.26% | 3.81% | ||||||||
| 2025 | 1.96% | -2.67% | -3.92% | -4.65% | 4.74% | 3.63% | 1.11% | 4.89% | 0.74% | 0.07% | 2.23% | 0.63% | 8.55% |
| 2024 | -0.21% | 3.61% | 4.44% | -5.23% | 2.72% | -1.25% | 6.35% | -0.14% | 1.06% | -1.73% | 6.46% | -5.91% | 9.67% |
| 2023 | 6.68% | -2.68% | -0.45% | -0.67% | -2.43% | 7.96% | 5.58% | -1.57% | -3.29% | -3.64% | 7.45% | 6.72% | 20.09% |
| 2022 | -3.40% | -0.21% | 1.90% | -5.47% | 2.34% | -10.53% | 8.35% | -3.17% | -9.16% | 11.91% | 5.96% | -5.90% | -9.59% |
| 2021 | 2.89% | 5.78% | 8.71% | 3.19% | 2.62% | 0.91% | 0.45% | 2.46% | -3.53% | 3.91% | -1.13% | 4.96% | 35.36% |
Benchmark Metrics
4-ETF Portfolio has an annualized alpha of 0.91%, beta of 0.95, and R² of 0.84 versus S&P 500 Index. Calculated based on daily prices since June 20, 2017.
- With beta of 0.95 and R² of 0.84, this portfolio moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 0.91%
- Beta
- 0.95
- R²
- 0.84
- Upside Capture
- 99.28%
- Downside Capture
- 98.68%
Expense Ratio
4-ETF Portfolio has an expense ratio of 0.29%, placing it in the medium range. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.
Return for Risk
Risk / Return Rank
4-ETF Portfolio ranks 27 for risk / return — below 27% of portfolios on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
| Portfolio | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.99 | 0.88 | +0.11 |
Sortino ratioReturn per unit of downside risk | 1.48 | 1.37 | +0.11 |
Omega ratioGain probability vs. loss probability | 1.23 | 1.21 | +0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.31 | 1.39 | -0.08 |
Martin ratioReturn relative to average drawdown | 6.33 | 6.43 | -0.11 |
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.
| Risk / Return Rank | Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|---|
SCHX Schwab U.S. Large-Cap ETF | 51 | 0.94 | 1.45 | 1.22 | 1.48 | 6.81 |
SCHD Schwab U.S. Dividend Equity ETF | 40 | 0.89 | 1.34 | 1.19 | 1.09 | 3.69 |
CALF Pacer US Small Cap Cash Cows 100 ETF | 45 | 0.87 | 1.36 | 1.20 | 1.30 | 5.92 |
COWZ Pacer US Cash Cows 100 ETF | 47 | 0.94 | 1.41 | 1.21 | 1.26 | 5.81 |
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Dividends
Dividend yield
4-ETF Portfolio provided a 2.02% dividend yield over the last twelve months.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 2.02% | 2.13% | 1.94% | 2.00% | 1.96% | 2.03% | 2.04% | 1.94% | 2.04% | 1.74% | 1.24% | 1.25% |
| Portfolio components: | ||||||||||||
SCHX Schwab U.S. Large-Cap ETF | 1.16% | 1.09% | 1.22% | 1.39% | 1.64% | 1.22% | 1.64% | 1.82% | 2.02% | 1.70% | 1.92% | 2.04% |
SCHD Schwab U.S. Dividend Equity ETF | 3.45% | 3.82% | 3.64% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% |
CALF Pacer US Small Cap Cash Cows 100 ETF | 1.42% | 1.43% | 1.07% | 1.18% | 0.85% | 2.63% | 0.82% | 0.99% | 1.39% | 0.70% | 0.00% | 0.00% |
COWZ Pacer US Cash Cows 100 ETF | 2.06% | 2.19% | 1.82% | 1.92% | 1.96% | 1.48% | 2.54% | 1.96% | 1.67% | 1.95% | 0.13% | 0.00% |
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 4-ETF 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 4-ETF Portfolio was 37.12%, occurring on Mar 23, 2020. Recovery took 114 trading sessions.
The current 4-ETF Portfolio drawdown is 3.31%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -37.12% | Jan 21, 2020 | 44 | Mar 23, 2020 | 114 | Sep 2, 2020 | 158 |
| -22.31% | Nov 26, 2024 | 90 | Apr 8, 2025 | 150 | Nov 11, 2025 | 240 |
| -20.91% | Sep 24, 2018 | 64 | Dec 24, 2018 | 212 | Oct 28, 2019 | 276 |
| -20.3% | Jan 5, 2022 | 182 | Sep 26, 2022 | 206 | Jul 24, 2023 | 388 |
| -9.63% | Aug 1, 2023 | 63 | Oct 27, 2023 | 24 | Dec 1, 2023 | 87 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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Diversification
Diversification Metrics
Number of Effective Assets
The portfolio contains 4 assets, with an effective number of assets of 4.00, reflecting the diversification based on asset allocation. This number of effective assets suggests a highly concentrated portfolio, where a few assets dominate the allocation, potentially increasing the portfolio's risk due to lack of diversification.
Asset Correlations Table
| Benchmark | CALF | SCHD | SCHX | COWZ | Portfolio | |
|---|---|---|---|---|---|---|
| Benchmark | 1.00 | 0.69 | 0.77 | 1.00 | 0.77 | 0.85 |
| CALF | 0.69 | 1.00 | 0.74 | 0.70 | 0.85 | 0.92 |
| SCHD | 0.77 | 0.74 | 1.00 | 0.76 | 0.86 | 0.90 |
| SCHX | 1.00 | 0.70 | 0.76 | 1.00 | 0.77 | 0.86 |
| COWZ | 0.77 | 0.85 | 0.86 | 0.77 | 1.00 | 0.95 |
| Portfolio | 0.85 | 0.92 | 0.90 | 0.86 | 0.95 | 1.00 |