Temp Bond
Asset Allocation
| Position | Category/Sector | Weight |
|---|---|---|
HYDB iShares High Yield Bond Factor ETF | High Yield Bonds | 30% |
SKOR FlexShares Credit-Scored US Corporate Bond Index Fund | Corporate Bonds | 70% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Temp Bond, 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 Quarterly
The earliest data available for this chart is Jul 14, 2017, corresponding to the inception date of HYDB
Returns By Period
| Year-To-Date | 1 month | 6 months | 1 year | 5 years (annualized) | 10 years (annualized) | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | 24.72% | 2.30% | 12.31% | 32.12% | 13.81% | 11.31% |
| Temp Bond | 5.49% | -0.70% | 4.06% | 10.27% | 2.80% | N/A |
| Portfolio components: | ||||||
HYDB iShares High Yield Bond Factor ETF | 8.97% | 0.34% | 5.45% | 14.04% | 5.17% | N/A |
SKOR FlexShares Credit-Scored US Corporate Bond Index Fund | 4.03% | -1.14% | 3.47% | 8.68% | 1.73% | 2.83% |
Monthly Returns
The table below presents the monthly returns of Temp Bond, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.36% | -0.60% | 1.18% | -1.23% | 1.54% | 0.52% | 2.06% | 1.45% | 1.36% | -1.38% | 5.49% | ||
| 2023 | 3.21% | -2.03% | 1.92% | 0.68% | -0.74% | 0.42% | 1.12% | -0.19% | -1.44% | -0.72% | 4.15% | 2.96% | 9.53% |
| 2022 | -2.09% | -1.04% | -2.03% | -3.19% | 0.82% | -3.48% | 3.73% | -2.52% | -3.48% | 0.61% | 3.29% | -0.64% | -9.88% |
| 2021 | -0.31% | -0.58% | -0.27% | 0.79% | 0.36% | 0.72% | 0.50% | 0.04% | -0.50% | -0.27% | -0.64% | 0.71% | 0.54% |
| 2020 | 1.04% | 0.49% | -6.67% | 4.09% | 2.57% | 1.38% | 2.49% | 0.17% | -0.48% | 0.38% | 2.21% | 0.98% | 8.57% |
| 2019 | 3.09% | 0.60% | 1.42% | 0.80% | 0.01% | 2.43% | 0.43% | 1.63% | -0.18% | 0.30% | 0.39% | 0.79% | 12.30% |
| 2018 | -0.94% | -1.00% | -0.03% | -0.33% | 0.37% | -0.26% | 0.89% | 0.56% | -0.06% | -0.86% | -0.36% | 0.24% | -1.79% |
| 2017 | 0.68% | 0.27% | 0.29% | 0.38% | -0.21% | 0.41% | 1.83% |
Expense Ratio
Temp Bond has an expense ratio of 0.26%, which is considered low compared to other funds. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of Temp Bond is 52, suggesting that the investment has average results relative to other portfolios in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
This table presents a comparison of risk-adjusted performance metrics for positions. Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|
HYDB iShares High Yield Bond Factor ETF | 2.91 | 4.53 | 1.57 | 6.35 | 25.16 |
SKOR FlexShares Credit-Scored US Corporate Bond Index Fund | 2.15 | 3.27 | 1.41 | 0.97 | 10.65 |
Dividends
Dividend yield
Temp Bond provided a 5.49% dividend yield over the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 5.49% | 4.83% | 3.69% | 3.20% | 4.11% | 4.18% | 3.84% | 2.54% | 1.92% | 1.58% | 0.22% |
| Portfolio components: | |||||||||||
HYDB iShares High Yield Bond Factor ETF | 7.00% | 7.00% | 6.30% | 4.70% | 5.81% | 5.68% | 6.17% | 2.70% | 0.00% | 0.00% | 0.00% |
SKOR FlexShares Credit-Scored US Corporate Bond Index Fund | 4.84% | 3.90% | 2.57% | 2.55% | 3.38% | 3.53% | 2.85% | 2.46% | 2.74% | 2.25% | 0.31% |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Temp Bond. 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 Temp Bond was 16.67%, occurring on Mar 19, 2020. Recovery took 57 trading sessions.
The current Temp Bond drawdown is 1.36%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -16.67% | Mar 5, 2020 | 11 | Mar 19, 2020 | 57 | Jun 10, 2020 | 68 |
| -14.31% | Sep 16, 2021 | 277 | Oct 20, 2022 | 427 | Jul 5, 2024 | 704 |
| -2.96% | Dec 19, 2017 | 99 | May 17, 2018 | 165 | Jan 25, 2019 | 264 |
| -1.88% | Feb 12, 2021 | 25 | Mar 19, 2021 | 55 | Jun 8, 2021 | 80 |
| -1.64% | Oct 2, 2024 | 23 | Nov 1, 2024 | — | — | — |
Volatility
Volatility Chart
The current Temp Bond volatility is 1.07%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Diversification
Asset Correlations Table
| HYDB | SKOR | |
|---|---|---|
| HYDB | 1.00 | 0.42 |
| SKOR | 0.42 | 1.00 |