Momentum 60/40 portfolio
This momentum portfolio seeks to outperform the classical 60/40 stocks/bonds portfolio by reassessing asset allocation every month and giving more weight to the asset class that performed better. For example, if stocks showed better return than bonds in the past six months, their weight in the portfolio increases by +5% during the next rebalance, and bonds' weight is reduced by -5%. The portfolio is rebalanced on the last trading day of every month.
Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
BND Vanguard Total Bond Market ETF | Total Bond Market | 14.99% |
VOO Vanguard S&P 500 ETF | Large Cap Growth Equities | 85.01% |
Transactions
| Date | Type | Symbol | Quantity | Price |
|---|---|---|---|---|
| Oct 31, 2022 | Buy | Vanguard S&P 500 ETF | 20 | $354.95 |
| Oct 31, 2022 | Sell | Vanguard Total Bond Market ETF | 100 | $70.35 |
| Sep 30, 2022 | Sell | Vanguard S&P 500 ETF | 20 | $328.30 |
| Sep 30, 2022 | Buy | Vanguard Total Bond Market ETF | 120 | $71.33 |
| Aug 31, 2022 | Sell | Vanguard S&P 500 ETF | 30 | $363.15 |
| Aug 31, 2022 | Buy | Vanguard Total Bond Market ETF | 150 | $74.60 |
| Jul 29, 2022 | Buy | Vanguard S&P 500 ETF | 20 | $378.79 |
| Jul 29, 2022 | Sell | Vanguard Total Bond Market ETF | 130 | $76.90 |
| Jun 30, 2022 | Sell | Vanguard S&P 500 ETF | 20 | $346.88 |
| Jun 30, 2022 | Buy | Vanguard Total Bond Market ETF | 130 | $75.26 |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Momentum 60/40 portfolio, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
As of May 10, 2025, the Momentum 60/40 portfolio returned -2.25% Year-To-Date and 8.59% of annualized return in the last 10 years.
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | -3.77% | 3.72% | -5.60% | 8.55% | 14.11% | 10.45% |
| Momentum 60/40 portfolio | -2.25% | 2.86% | -3.62% | 7.94% | 10.73% | 8.59% |
| Portfolio components: | ||||||
BND Vanguard Total Bond Market ETF | 2.21% | 0.17% | 1.19% | 5.24% | -0.84% | 1.51% |
VOO Vanguard S&P 500 ETF | -3.41% | 3.92% | -5.06% | 9.92% | 15.85% | 12.42% |
Monthly Returns
The table below presents the monthly returns of Momentum 60/40 portfolio, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 2.08% | -0.68% | -4.16% | -0.54% | 1.15% | -2.25% | |||||||
| 2024 | 1.12% | 3.51% | 2.50% | -3.25% | 3.86% | 2.73% | 1.16% | 1.95% | 1.78% | -1.02% | 4.48% | -1.95% | 17.86% |
| 2023 | 4.84% | -2.17% | 2.98% | 1.19% | 0.14% | 4.46% | 2.29% | -1.26% | -3.73% | -1.75% | 7.06% | 3.77% | 18.66% |
| 2022 | -4.37% | -2.47% | 2.75% | -7.32% | 0.27% | -6.32% | 6.74% | -3.40% | -7.05% | 4.94% | 4.40% | -4.11% | -16.00% |
| 2021 | -0.88% | 2.05% | 3.51% | 4.27% | 0.55% | 1.88% | 2.05% | 2.34% | -3.83% | 5.60% | -0.57% | 3.58% | 22.17% |
| 2020 | 0.42% | -5.43% | -9.39% | 9.22% | 3.24% | 1.30% | 3.76% | 3.32% | -2.16% | -1.69% | 7.41% | 2.62% | 11.70% |
| 2019 | 6.06% | 2.28% | 1.70% | 2.49% | -3.80% | 4.63% | 1.00% | -0.67% | 1.18% | 1.42% | 2.05% | 1.81% | 21.74% |
| 2018 | 4.41% | -3.13% | -1.94% | 0.20% | 2.01% | 0.60% | 2.86% | 2.66% | 0.42% | -5.59% | 1.56% | -6.93% | -3.48% |
| 2017 | 1.25% | 2.90% | 0.09% | 0.91% | 1.20% | 0.52% | 1.71% | 0.31% | 1.62% | 1.88% | 2.48% | 1.09% | 17.14% |
| 2016 | -2.53% | 0.20% | 3.79% | 0.34% | 0.87% | 1.06% | 1.81% | -0.09% | 0.06% | -1.31% | 1.37% | 1.41% | 7.06% |
| 2015 | -2.20% | 4.27% | -1.27% | 0.81% | 1.01% | -1.73% | 1.84% | -5.17% | -1.82% | 6.23% | 0.21% | -1.17% | 0.50% |
| 2014 | -2.87% | 3.94% | 0.73% | 0.69% | 2.05% | 1.79% | -1.17% | 3.48% | -1.22% | 2.10% | 2.41% | -0.26% | 12.05% |
Expense Ratio
Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of Momentum 60/40 portfolio is 46, indicating average performance compared to other portfolios on our website. Here’s a breakdown of how it compares using common performance measures.
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 | |
|---|---|---|---|---|---|
BND Vanguard Total Bond Market ETF | 1.00 | 1.45 | 1.17 | 0.42 | 2.54 |
VOO Vanguard S&P 500 ETF | 0.52 | 0.89 | 1.13 | 0.57 | 2.18 |
Dividends
Dividend yield
Momentum 60/40 portfolio provided a 1.47% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 1.47% | 1.38% | 1.50% | 1.56% | 1.17% | 1.50% | 1.85% | 1.88% | 1.67% | 1.99% | 1.99% | 1.82% |
Monthly Dividends
The table below shows the monthly dividends paid by this portfolio.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $147.92 | $1,044.26 | $151.43 | $148.91 | $1,492.53 | |||||||
| 2024 | $0.00 | $133.48 | $898.96 | $136.27 | $134.70 | $1,029.95 | $139.04 | $141.06 | $961.58 | $139.05 | $143.41 | $1,156.98 | $5,014.48 |
| 2023 | $0.00 | $110.85 | $846.96 | $115.16 | $113.24 | $905.78 | $116.15 | $121.38 | $869.81 | $121.28 | $127.75 | $1,159.75 | $4,608.11 |
| 2022 | $0.00 | $42.33 | $809.46 | $63.37 | $43.66 | $827.06 | $87.75 | $70.52 | $829.96 | $113.97 | $102.60 | $1,048.26 | $4,038.94 |
| 2021 | $0.00 | $34.80 | $766.02 | $51.96 | $36.56 | $797.46 | $38.31 | $39.47 | $786.07 | $37.76 | $41.55 | $943.97 | $3,573.92 |
| 2020 | $0.00 | $83.95 | $738.52 | $74.28 | $90.40 | $797.52 | $123.42 | $142.87 | $676.83 | $103.70 | $86.05 | $861.46 | $3,779.00 |
| 2019 | $0.00 | $85.29 | $859.46 | $133.74 | $111.02 | $804.90 | $108.90 | $87.03 | $780.03 | $121.71 | $146.39 | $925.04 | $4,163.51 |
| 2018 | $0.00 | $38.86 | $719.29 | $42.04 | $37.46 | $769.53 | $39.82 | $41.11 | $803.57 | $42.19 | $42.76 | $897.95 | $3,474.56 |
| 2017 | $0.00 | $62.17 | $643.15 | $32.98 | $31.90 | $679.12 | $32.24 | $32.50 | $785.61 | $33.63 | $34.57 | $825.65 | $3,193.52 |
| 2016 | $0.00 | $116.89 | $546.61 | $117.54 | $126.36 | $499.80 | $156.14 | $143.95 | $484.27 | $112.38 | $99.13 | $858.47 | $3,261.53 |
| 2015 | $0.00 | $40.82 | $696.65 | $32.40 | $27.00 | $641.63 | $42.49 | $28.69 | $652.04 | $52.55 | $72.87 | $778.18 | $3,065.31 |
| 2014 | $0.00 | $25.70 | $565.04 | $30.36 | $28.53 | $586.78 | $27.56 | $27.46 | $626.06 | $25.79 | $29.35 | $790.79 | $2,763.42 |
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 Momentum 60/40 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 Momentum 60/40 portfolio was 25.62%, occurring on Mar 23, 2020. Recovery took 107 trading sessions.
The current Momentum 60/40 portfolio drawdown is 5.60%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -25.62% | Feb 20, 2020 | 23 | Mar 23, 2020 | 107 | Aug 24, 2020 | 130 |
| -20.59% | Jan 4, 2022 | 195 | Oct 12, 2022 | 318 | Jan 19, 2024 | 513 |
| -15.65% | Sep 21, 2018 | 65 | Dec 24, 2018 | 81 | Apr 23, 2019 | 146 |
| -13.89% | Feb 20, 2025 | 34 | Apr 8, 2025 | — | — | — |
| -12.78% | Jul 8, 2011 | 61 | Oct 3, 2011 | 98 | Feb 23, 2012 | 159 |
Volatility
Volatility Chart
The current Momentum 60/40 portfolio volatility is 5.02%, 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
Diversification Metrics
Number of Effective Assets
The portfolio contains 2 assets, with an effective number of assets of 1.34, 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
| ^GSPC | BND | VOO | Portfolio | |
|---|---|---|---|---|
| ^GSPC | 1.00 | -0.10 | 1.00 | 0.99 |
| BND | -0.10 | 1.00 | -0.09 | -0.03 |
| VOO | 1.00 | -0.09 | 1.00 | 0.99 |
| Portfolio | 0.99 | -0.03 | 0.99 | 1.00 |