HB
Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
DGEIX DFA Global Equity Portfolio Institutional Class | Global Equities | 25% |
GLD SPDR Gold Trust | Precious Metals, Gold | 25% |
SHV iShares Short Treasury Bond ETF | Government Bonds | 25% |
VIPSX Vanguard Inflation-Protected Securities Fund Investor Shares | Inflation-Protected Bonds | 25% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in HB, 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.
The earliest data available for this chart is Jan 11, 2007, corresponding to the inception date of SHV
Returns By Period
As of May 9, 2025, the HB returned 7.38% Year-To-Date and 5.94% of annualized return in the last 10 years.
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | -3.70% | 13.67% | -5.18% | 9.18% | 14.14% | 10.43% |
| HB | 7.38% | 6.14% | 4.96% | 14.22% | 7.73% | 5.94% |
| Portfolio components: | ||||||
DGEIX DFA Global Equity Portfolio Institutional Class | -0.26% | 14.20% | -5.61% | 5.82% | 12.35% | 7.75% |
SHV iShares Short Treasury Bond ETF | 1.44% | 0.31% | 2.14% | 4.83% | 2.47% | 1.83% |
VIPSX Vanguard Inflation-Protected Securities Fund Investor Shares | 3.21% | 0.34% | 1.95% | 5.88% | 1.45% | 2.21% |
GLD SPDR Gold Trust | 25.81% | 10.69% | 22.02% | 42.63% | 13.73% | 10.40% |
Monthly Returns
The table below presents the monthly returns of HB, 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 | 2.82% | 0.92% | 1.77% | 1.36% | 0.32% | 7.38% | |||||||
| 2024 | -0.25% | 1.05% | 3.37% | -0.53% | 2.13% | 0.45% | 2.68% | 1.32% | 2.26% | 0.21% | 0.61% | -2.16% | 11.58% |
| 2023 | 3.91% | -2.35% | 3.09% | 0.56% | -1.09% | 1.12% | 1.67% | -1.07% | -2.59% | 0.93% | 3.48% | 2.10% | 9.92% |
| 2022 | -2.02% | 1.32% | 0.29% | -2.80% | -0.79% | -3.32% | 2.23% | -2.29% | -4.82% | 1.89% | 4.66% | -1.43% | -7.24% |
| 2021 | -0.70% | -0.82% | 0.82% | 2.25% | 2.67% | -1.64% | 1.45% | 0.48% | -1.98% | 1.84% | -0.52% | 1.42% | 5.28% |
| 2020 | 1.09% | -1.93% | -4.08% | 5.50% | 2.15% | 1.63% | 4.46% | 1.62% | -1.96% | -0.63% | 2.18% | 3.11% | 13.50% |
| 2019 | 3.37% | 0.65% | 0.17% | 0.91% | -0.89% | 3.96% | 0.19% | 1.85% | -0.45% | 1.30% | 0.01% | 1.79% | 13.49% |
| 2018 | 1.79% | -1.86% | 0.16% | -0.15% | 0.12% | -0.83% | 0.08% | 0.08% | -0.45% | -1.81% | 0.58% | -0.73% | -3.04% |
| 2017 | 2.22% | 1.55% | 0.06% | 0.86% | 0.19% | -0.46% | 1.32% | 1.28% | -0.38% | 0.46% | 0.78% | 1.09% | 9.31% |
| 2016 | 0.30% | 3.13% | 2.00% | 1.66% | -1.58% | 2.67% | 1.77% | -0.76% | 0.52% | -1.37% | -1.60% | -0.25% | 6.52% |
| 2015 | 2.41% | -0.49% | -0.88% | 0.56% | 0.03% | -1.05% | -1.62% | -0.87% | -1.36% | 2.36% | -1.65% | -1.10% | -3.68% |
| 2014 | 0.47% | 2.90% | -0.71% | 0.50% | 0.17% | 2.28% | -1.51% | 0.97% | -3.15% | -0.23% | 0.22% | -0.17% | 1.61% |
Expense Ratio
HB has an expense ratio of 0.25%, 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.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 96, HB is among the top 4% of portfolios on our website when it comes to balancing risk and reward. Below is 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 | |
|---|---|---|---|---|---|
DGEIX DFA Global Equity Portfolio Institutional Class | 0.34 | 0.59 | 1.08 | 0.32 | 1.21 |
SHV iShares Short Treasury Bond ETF | 20.91 | 280.58 | 132.04 | 536.52 | 4,560.80 |
VIPSX Vanguard Inflation-Protected Securities Fund Investor Shares | 1.26 | 1.70 | 1.22 | 0.56 | 3.46 |
GLD SPDR Gold Trust | 2.45 | 3.20 | 1.41 | 5.12 | 13.67 |
Dividends
Dividend yield
HB provided a 2.63% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 2.63% | 2.70% | 2.73% | 2.90% | 1.67% | 0.87% | 1.54% | 1.67% | 1.22% | 1.07% | 0.70% | 1.00% |
| Portfolio components: | ||||||||||||
DGEIX DFA Global Equity Portfolio Institutional Class | 1.75% | 1.71% | 1.97% | 1.89% | 1.67% | 1.44% | 1.73% | 1.99% | 1.83% | 1.91% | 1.99% | 1.88% |
SHV iShares Short Treasury Bond ETF | 4.70% | 5.02% | 4.73% | 1.39% | 0.00% | 0.74% | 2.19% | 1.66% | 0.72% | 0.34% | 0.03% | 0.00% |
VIPSX Vanguard Inflation-Protected Securities Fund Investor Shares | 4.07% | 4.07% | 4.20% | 8.34% | 5.02% | 1.29% | 2.22% | 3.03% | 2.32% | 2.05% | 0.76% | 2.13% |
GLD SPDR Gold Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 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.
Worst Drawdowns
The table below displays the maximum drawdowns of the HB. 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 HB was 22.15%, occurring on Nov 20, 2008. Recovery took 225 trading sessions.
The current HB drawdown is 0.80%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -22.15% | Mar 17, 2008 | 175 | Nov 20, 2008 | 225 | Oct 14, 2009 | 400 |
| -13.06% | Nov 15, 2021 | 218 | Sep 27, 2022 | 306 | Dec 14, 2023 | 524 |
| -12.14% | Feb 24, 2020 | 19 | Mar 19, 2020 | 50 | Jun 1, 2020 | 69 |
| -8.93% | Jul 14, 2014 | 383 | Jan 19, 2016 | 114 | Jun 30, 2016 | 497 |
| -8.41% | Oct 5, 2012 | 180 | Jun 26, 2013 | 247 | Jun 19, 2014 | 427 |
Volatility
Volatility Chart
The current HB volatility is 3.33%, 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 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
| ^GSPC | SHV | VIPSX | GLD | DGEIX | Portfolio | |
|---|---|---|---|---|---|---|
| ^GSPC | 1.00 | -0.07 | -0.14 | 0.06 | 0.95 | 0.59 |
| SHV | -0.07 | 1.00 | 0.16 | 0.08 | -0.07 | 0.05 |
| VIPSX | -0.14 | 0.16 | 1.00 | 0.29 | -0.13 | 0.30 |
| GLD | 0.06 | 0.08 | 0.29 | 1.00 | 0.11 | 0.73 |
| DGEIX | 0.95 | -0.07 | -0.13 | 0.11 | 1.00 | 0.66 |
| Portfolio | 0.59 | 0.05 | 0.30 | 0.73 | 0.66 | 1.00 |