Cerity proposed portfolio

Asset Allocation

Position	Category/Sector	Target Weight
VOO Vanguard S&P 500 ETF	S&P 500	26.55%
BAGIX Baird Aggregate Bond Fund Class I	Total Bond Market	23%
IDEV iShares Core MSCI International Developed Markets ETF	Foreign Large Cap Equities	18%
LSGR Natixis Loomis Sayles Focused Growth ETF	Large Cap Growth Equities	10%
OAKMX Oakmark Fund Investor Class	Large Cap Value Equities	10%
PIMIX PIMCO Income Fund Institutional Class	Multisector Bonds	4%
IEMG iShares Core MSCI Emerging Markets ETF	Emerging Markets Diversified	3.90%
SCFIX Shenkman Capital Short Duration High Income Fund	High Yield Bonds	2%
RSP Invesco S&P 500 Equal Weight ETF	S&P 500, Equal Weight	1.55%
SWVXX Schwab Prime Advantage Money Fund Investor Shares	Money Market	1%

Benchmark Against

Benchmark

S&P 500 Index

Rebalance

Portfolio Optimizer

Find the right asset allocation for Cerity proposed 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.

Open Portfolio Optimizer

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Cerity proposed 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.

Loading charts...

Returns By Period

Position	1D	1M	YTD	6M	1Y	3Y*	5Y*	10Y*
Benchmark S&P 500 Index	0.50%	0.31%	8.56%	8.85%	24.33%	19.37%	11.84%	13.61%
Portfolio Cerity proposed portfolio	0.28%	0.70%	5.02%	5.78%	16.52%	—	—	—
Portfolio components:
BAGIX Baird Aggregate Bond Fund Class I	0.51%	0.57%	0.53%	1.08%	5.04%	4.52%	0.29%	1.94%
IDEV iShares Core MSCI International Developed Markets ETF	0.42%	1.14%	9.59%	11.02%	23.58%	17.03%	8.52%	—
IEMG iShares Core MSCI Emerging Markets ETF	0.61%	0.34%	22.84%	25.59%	44.83%	21.33%	7.15%	10.42%
LSGR Natixis Loomis Sayles Focused Growth ETF	0.05%	-7.20%	-4.33%	-2.44%	7.07%	—	—	—
OAKMX Oakmark Fund Investor Class	0.57%	1.33%	-1.16%	-1.64%	10.14%	14.13%	9.52%	13.52%
PIMIX PIMCO Income Fund Institutional Class	0.56%	0.91%	0.91%	1.78%	7.88%	7.70%	3.44%	4.70%
RSP Invesco S&P 500 Equal Weight ETF	0.91%	3.92%	10.96%	10.34%	21.34%	14.66%	8.59%	12.15%
SCFIX Shenkman Capital Short Duration High Income Fund	0.20%	0.34%	1.42%	1.92%	5.23%	6.61%	4.43%	4.39%
SWVXX Schwab Prime Advantage Money Fund Investor Shares	0.00%	0.29%	1.45%	1.77%	3.85%	4.71%	3.14%	—
VOO Vanguard S&P 500 ETF	0.55%	-0.84%	9.08%	9.44%	25.76%	20.95%	13.43%	15.50%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Jun 29, 2023, Cerity proposed portfolio's average daily return is +0.06%, while the average monthly return is +1.16%. At this rate, an investment would double in approximately 5.0 years.

Historically, 76% of months were positive and 24% were negative. The best month was Nov 2023 with a return of +7.8%, while the worst month was Mar 2026 at -4.7%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 3 months.

On a daily basis, Cerity proposed portfolio closed higher 57% of trading days. The best single day was Apr 9, 2025 with a return of +5.9%, while the worst single day was Apr 4, 2025 at -4.2%.

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Total
2026	1.54%	1.04%	-4.68%	5.90%	2.71%	-1.27%							5.02%
2025	2.68%	0.13%	-2.62%	0.31%	4.22%	3.86%	0.63%	2.16%	2.29%	1.16%	0.34%	1.16%	17.37%
2024	0.56%	2.99%	2.71%	-3.42%	3.43%	1.65%	2.17%	1.93%	1.79%	-1.70%	3.52%	-2.24%	13.91%
2023						0.85%	2.70%	-1.79%	-3.86%	-2.35%	7.78%	4.74%	7.81%

Benchmark Metrics

Cerity proposed portfolio has an annualized alpha of 1.87%, beta of 0.67, and R2 of 0.92 versus S&P 500 Index. Calculated based on daily prices since June 29, 2023.

This portfolio participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (69.10%) than losses (68.95%) - typical of diversified or defensive assets.
Beta of 0.67 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: 1.87%

Beta: 0.67

R²: 0.92

Upside Capture: 69.10%

Downside Capture: 68.95%

See how alpha, beta & R² have trended over time →

Expense Ratio

Cerity proposed portfolio has an expense ratio of 0.28%, 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.

OAKMX

Oakmark Fund Investor Class

SCFIX

Shenkman Capital Short Duration High Income Fund

LSGR

Natixis Loomis Sayles Focused Growth ETF

PIMIX

PIMCO Income Fund Institutional Class

SWVXX

Schwab Prime Advantage Money Fund Investor Shares

BAGIX

Baird Aggregate Bond Fund Class I

RSP

Invesco S&P 500 Equal Weight ETF

IEMG

iShares Core MSCI Emerging Markets ETF

IDEV

iShares Core MSCI International Developed Markets ETF

VOO

Vanguard S&P 500 ETF

Return for Risk

Risk / Return Rank

Cerity proposed portfolio ranks 32 for risk / return — below 32% 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.

Overall Rank

Sharpe Ratio Rank

Sortino Ratio Rank

Omega Ratio Rank

Calmar Ratio Rank

Martin Ratio Rank

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below presents risk-adjusted performance metrics for Cerity proposed portfolio and compares them with S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	Portfolio	Benchmark	Difference
Sharpe ratioReturn per unit of total volatility	1.67	1.86	-0.19
Sortino ratioReturn per unit of downside risk	2.36	2.53	-0.17
Omega ratioGain probability vs. loss probability	1.30	1.34	-0.03
Calmar ratioReturn relative to maximum drawdown	2.20	2.53	-0.33
Martin ratioReturn relative to average drawdown	9.48	11.37	-1.89

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
BAGIX Baird Aggregate Bond Fund Class I	29	1.35	2.05	1.24	1.86	5.32
IDEV iShares Core MSCI International Developed Markets ETF	47	1.48	2.11	1.27	1.99	7.76
IEMG iShares Core MSCI Emerging Markets ETF	70	2.03	2.65	1.39	3.23	11.89
LSGR Natixis Loomis Sayles Focused Growth ETF	14	0.38	0.62	1.08	0.35	1.09
OAKMX Oakmark Fund Investor Class	12	0.68	1.05	1.13	1.27	3.18
PIMIX PIMCO Income Fund Institutional Class	52	1.88	2.83	1.36	2.12	7.21
RSP Invesco S&P 500 Equal Weight ETF	56	1.69	2.44	1.29	2.54	9.63
SCFIX Shenkman Capital Short Duration High Income Fund	96	3.13	5.14	1.76	4.62	24.75
SWVXX Schwab Prime Advantage Money Fund Investor Shares	—	3.71	—	—	—	—
VOO Vanguard S&P 500 ETF	67	1.99	2.70	1.36	2.75	12.42

Sharpe Ratio

The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk. Learn how to interpret the Sharpe ratio.

The current Cerity proposed portfolio Sharpe ratio is 1.67 as of Jun 13, 2026 (the value is recalculated daily), calculated over the past 12 months.

Compared to the broad market, where average Sharpe ratios range from 1.53 to 2.41, this portfolio's current Sharpe ratio falls between the 25th and 75th percentiles. This indicates that its risk-adjusted performance is in line with the majority of portfolios, suggesting a balanced approach to risk and return—likely suitable for a wide range of investors.

The chart below shows the rolling Sharpe ratio of Cerity proposed portfolio compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.

Loading charts...

Dividends

Dividend yield

Cerity proposed portfolio provided a 2.39% dividend yield over the last twelve months.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Portfolio	2.39%	2.48%	2.54%	2.38%	2.06%	1.93%	1.92%	3.00%	3.03%	2.13%	1.70%	1.77%
Portfolio components:
BAGIX Baird Aggregate Bond Fund Class I	4.23%	4.12%	4.03%	3.47%	2.70%	2.00%	3.39%	2.75%	2.87%	2.54%	2.25%	2.46%
IDEV iShares Core MSCI International Developed Markets ETF	3.11%	3.40%	3.30%	3.07%	2.69%	3.05%	2.00%	3.18%	3.16%	1.54%	0.00%	0.00%
IEMG iShares Core MSCI Emerging Markets ETF	2.24%	2.75%	3.20%	2.89%	2.71%	3.06%	1.87%	3.15%	2.76%	2.35%	2.28%	2.53%
LSGR Natixis Loomis Sayles Focused Growth ETF	0.00%	0.05%	0.08%	0.03%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
OAKMX Oakmark Fund Investor Class	0.93%	0.92%	1.12%	1.02%	0.92%	1.94%	0.17%	8.33%	8.13%	4.06%	2.58%	1.43%
PIMIX PIMCO Income Fund Institutional Class	5.83%	6.01%	6.27%	6.21%	4.98%	4.02%	4.88%	5.83%	5.66%	5.37%	5.52%	7.88%
RSP Invesco S&P 500 Equal Weight ETF	1.47%	1.64%	1.52%	1.64%	1.82%	1.28%	1.64%	1.69%	2.02%	1.52%	1.20%	1.70%
SCFIX Shenkman Capital Short Duration High Income Fund	5.32%	5.54%	5.85%	5.21%	3.86%	4.93%	3.24%	3.78%	3.87%	3.09%	3.07%	3.38%
SWVXX Schwab Prime Advantage Money Fund Investor Shares	3.77%	4.06%	5.02%	4.91%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VOO Vanguard S&P 500 ETF	1.05%	1.13%	1.24%	1.46%	1.69%	1.25%	1.54%	1.88%	2.06%	1.78%	2.02%	2.10%

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.

Loading charts...

Worst Drawdowns

The table below displays the maximum drawdowns of the Cerity proposed 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 Cerity proposed portfolio was 11.56%, occurring on Apr 8, 2025. Recovery took 26 trading sessions.

The current Cerity proposed portfolio drawdown is 1.52%.

Related event	Drawdown	Fall	Recovery	Underwater
2025 selloff2025	-11.56%Apr 2025	1mo 18d	1mo 7d	2mo 25dFeb 2025 - May 2025
2023 pullback2023	-8.88%Oct 2023	2mo 27d	1mo 5d	4mo 2dAug 2023 - Dec 2023
2026 pullback2026	-7.07%Mar 2026	29d	19d	1mo 18dFeb 2026 - Apr 2026
2024 pullback2024	-5.07%Aug 2024	19d	14d	1mo 3dJul 2024 - Aug 2024
2024 pullback2024	-4.26%Apr 2024	18d	26d	1mo 14dApr 2024 - May 2024

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.

Loading charts...

Diversification

Diversification Metrics

Number of Effective Assets

The portfolio contains 10 assets, with an effective number of assets of 5.57, reflecting the diversification based on asset allocation. Your allocation shows noticeable concentration: a few holdings carry significantly more weight than the rest. Rebalancing toward more even weights — or adding less correlated assets — could reduce risk.

Diversification Ratio

	1Y	All Time
Diversification Ratio	1.19	1.20

The portfolio has a diversification ratio of 1.20, placing it in the bottom quartile across portfolios — positions are highly correlated. Consider adding assets from different classes or sectors to reduce risk.

Cerity proposed portfolio correlation to the S&P 500 Index

Cerity proposed portfolio has a 0.95 correlation to S&P 500 Index over the trailing 12 months. This section compares each holding's correlation to the benchmark and to the portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.95
Correlation (All Time) Calculated using the full available price history since Jun 29, 2023	0.94

Benchmark Correlations

Correlation vs. S&P 500 Index. VOO has the highest benchmark correlation at 1.00, while SWVXX has the lowest at -0.01.

-0.01

0.22

0.30

0.49

0.67

0.69

0.73

0.80

0.88

1.00

Portfolio Correlations

Correlation vs. Cerity proposed portfolio. VOO has the highest portfolio correlation at 0.95, while SWVXX has the lowest at -0.02.

-0.02

0.38

0.46

0.59

0.75

0.75

0.83

0.84

0.87

0.95

Asset Correlations Table

The table below displays the correlation coefficients between the individual components of the portfolio, the entire portfolio, and the chosen benchmark.

	SWVXX	BAGIX	PIMIX	SCFIX	IEMG	OAKMX	LSGR	RSP	IDEV	VOO
SWVXX	1.00	-0.02	0.15	-0.06	-0.05	0.02	-0.04	0.03	-0.02	-0.01
BAGIX	-0.02	1.00	0.85	0.46	0.22	0.19	0.15	0.28	0.35	0.22
PIMIX	0.15	0.85	1.00	0.52	0.30	0.28	0.22	0.37	0.44	0.30
SCFIX	-0.06	0.46	0.52	1.00	0.45	0.45	0.42	0.50	0.56	0.50
IEMG	-0.05	0.22	0.30	0.45	1.00	0.46	0.58	0.58	0.76	0.67
OAKMX	0.02	0.19	0.28	0.45	0.46	1.00	0.49	0.89	0.64	0.69
LSGR	-0.04	0.15	0.22	0.42	0.58	0.49	1.00	0.55	0.59	0.87
RSP	0.03	0.28	0.37	0.50	0.58	0.89	0.55	1.00	0.74	0.80
IDEV	-0.02	0.35	0.44	0.56	0.76	0.64	0.59	0.74	1.00	0.74
VOO	-0.01	0.22	0.30	0.50	0.67	0.69	0.87	0.80	0.74	1.00

The correlation results are calculated based on daily price changes starting from Jun 29, 2023

Diversification Analysis

Find what Cerity proposed portfolio is missing

See which holdings overlap, where Cerity proposed portfolio is concentrated, and which low-correlation assets could fill the gaps.

Analyze Diversification