Asset Allocation
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Wealthfront 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 Every 3 months.
Loading graphics...
The earliest data available for this chart is Oct 26, 2017, corresponding to the inception date of USHY
Returns By Period
| 1D | 1M | YTD | 6M | 1Y | 3Y* | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|---|---|
Benchmark S&P 500 Index | 0.11% | -3.43% | -3.84% | -1.98% | 16.08% | 16.86% | 10.37% | 12.29% |
Portfolio Wealthfront Bond | 0.09% | -0.02% | 0.47% | 1.52% | 4.83% | 5.62% | 3.29% | — |
| Portfolio components: | ||||||||
GBIL Goldman Sachs Access Treasury 0-1 Year ETF | 0.03% | 0.30% | 0.85% | 1.84% | 4.03% | 4.67% | 3.20% | — |
SCHO Schwab Short-Term U.S. Treasury ETF | 0.04% | -0.23% | 0.30% | 1.35% | 3.86% | 3.97% | 1.80% | 1.71% |
FLRN SPDR Bloomberg Barclays Investment Grade Floating Rate ETF | 0.03% | 0.22% | 0.80% | 1.91% | 4.50% | 5.79% | 4.00% | 2.95% |
SHYG iShares 0-5 Year High Yield Corporate Bond ETF | 0.19% | 0.10% | 0.17% | 1.34% | 6.67% | 7.81% | 4.80% | 5.42% |
USHY iShares Broad USD High Yield Corporate Bond ETF | 0.19% | -0.24% | 0.14% | 1.28% | 7.26% | 8.52% | 4.25% | — |
VGLT Vanguard Long-Term Treasury ETF | 0.49% | -2.51% | 0.35% | -0.58% | 0.18% | -1.61% | -4.79% | -0.82% |
Monthly Returns
Based on dividend-adjusted daily data since Oct 27, 2017, Wealthfront Bond's average daily return is +0.01%, while the average monthly return is +0.26%. At this rate, your investment would double in approximately 22.2 years.
Historically, 74% of months were positive and 26% were negative. The best month was Apr 2020 with a return of +2.0%, while the worst month was Mar 2020 at -3.6%. The longest winning streak lasted 14 consecutive months, and the longest losing streak was 4 months.
On a daily basis, Wealthfront Bond closed higher 58% of trading days. The best single day was Mar 24, 2020 with a return of +1.8%, while the worst single day was Mar 18, 2020 at -3.2%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.36% | 0.30% | -0.32% | 0.13% | 0.47% | ||||||||
| 2025 | 0.77% | 0.74% | -0.12% | 0.36% | 0.50% | 0.91% | 0.22% | 0.72% | 0.56% | 0.32% | 0.43% | 0.40% | 5.96% |
| 2024 | 0.40% | 0.18% | 0.68% | -0.36% | 0.86% | 0.52% | 1.15% | 0.91% | 0.90% | -0.28% | 0.70% | -0.09% | 5.70% |
| 2023 | 1.46% | -0.42% | 0.96% | 0.47% | -0.16% | 0.54% | 0.56% | 0.37% | -0.27% | -0.04% | 1.80% | 1.47% | 6.93% |
| 2022 | -0.80% | -0.30% | -0.77% | -1.17% | 0.45% | -2.11% | 1.91% | -1.03% | -1.26% | 0.79% | 1.34% | -0.15% | -3.14% |
| 2021 | -0.04% | 0.01% | 0.21% | 0.26% | 0.13% | 0.33% | 0.13% | 0.15% | -0.09% | -0.05% | -0.30% | 0.40% | 1.14% |
Benchmark Metrics
Wealthfront Bond has an annualized alpha of 1.85%, beta of 0.10, and R² of 0.44 versus S&P 500 Index. Calculated based on daily prices since October 27, 2017.
- This portfolio participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (12.45%) than losses (8.83%) — typical of diversified or defensive assets.
- Beta of 0.10 may look defensive, but with R² of 0.44 this portfolio is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this portfolio's risk.
- R² of 0.44 means the benchmark explains less than half of this portfolio's behavior — treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- 1.85%
- Beta
- 0.10
- R²
- 0.44
- Upside Capture
- 12.45%
- Downside Capture
- 8.83%
Expense Ratio
Wealthfront Bond has an expense ratio of 0.14%, 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.
Return for Risk
Risk / Return Rank
Wealthfront Bond ranks 95 for risk / return — in the top 95% of portfolios on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
| Portfolio | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.47 | 0.88 | +1.59 |
Sortino ratioReturn per unit of downside risk | 3.61 | 1.37 | +2.24 |
Omega ratioGain probability vs. loss probability | 1.63 | 1.21 | +0.42 |
Calmar ratioReturn relative to maximum drawdown | 3.55 | 1.39 | +2.17 |
Martin ratioReturn relative to average drawdown | 19.74 | 6.43 | +13.31 |
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 | |
|---|---|---|---|---|---|---|
GBIL Goldman Sachs Access Treasury 0-1 Year ETF | 100 | 16.24 | 84.40 | 25.69 | 200.79 | 1,330.33 |
SCHO Schwab Short-Term U.S. Treasury ETF | 96 | 2.56 | 4.13 | 1.53 | 4.35 | 16.94 |
FLRN SPDR Bloomberg Barclays Investment Grade Floating Rate ETF | 95 | 2.49 | 3.11 | 2.05 | 3.17 | 25.95 |
SHYG iShares 0-5 Year High Yield Corporate Bond ETF | 73 | 1.29 | 1.93 | 1.33 | 1.82 | 10.28 |
USHY iShares Broad USD High Yield Corporate Bond ETF | 72 | 1.32 | 1.94 | 1.31 | 1.91 | 9.61 |
VGLT Vanguard Long-Term Treasury ETF | 11 | 0.02 | 0.09 | 1.01 | 0.01 | 0.02 |
Loading graphics...
Dividends
Dividend yield
Wealthfront Bond provided a 5.03% dividend yield over the last twelve months.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 5.03% | 5.12% | 5.50% | 5.21% | 2.78% | 1.65% | 2.31% | 3.32% | 3.10% | 2.11% | 1.74% | 1.49% |
| Portfolio components: | ||||||||||||
GBIL Goldman Sachs Access Treasury 0-1 Year ETF | 3.86% | 4.02% | 4.93% | 4.77% | 1.37% | 0.00% | 0.81% | 2.20% | 1.70% | 0.74% | 0.11% | 0.00% |
SCHO Schwab Short-Term U.S. Treasury ETF | 3.97% | 4.06% | 4.29% | 3.76% | 1.34% | 0.41% | 1.27% | 2.27% | 1.60% | 1.12% | 0.82% | 0.68% |
FLRN SPDR Bloomberg Barclays Investment Grade Floating Rate ETF | 4.65% | 4.89% | 5.67% | 5.68% | 1.95% | 0.39% | 1.22% | 2.76% | 2.39% | 1.64% | 1.06% | 0.63% |
SHYG iShares 0-5 Year High Yield Corporate Bond ETF | 7.07% | 7.03% | 6.93% | 6.54% | 5.57% | 4.83% | 5.07% | 5.33% | 5.90% | 5.49% | 5.53% | 5.17% |
USHY iShares Broad USD High Yield Corporate Bond ETF | 6.93% | 6.79% | 6.89% | 6.63% | 6.08% | 5.07% | 5.30% | 5.92% | 6.30% | 0.73% | 0.00% | 0.00% |
VGLT Vanguard Long-Term Treasury ETF | 4.52% | 4.44% | 4.33% | 3.33% | 2.84% | 1.82% | 2.15% | 2.46% | 2.71% | 2.55% | 2.69% | 3.21% |
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 graphics...
Worst Drawdowns
The table below displays the maximum drawdowns of the Wealthfront 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 Wealthfront Bond was 8.38%, occurring on Mar 19, 2020. Recovery took 84 trading sessions.
The current Wealthfront Bond drawdown is 0.30%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -8.38% | Mar 5, 2020 | 11 | Mar 19, 2020 | 84 | Jul 20, 2020 | 95 |
| -5.24% | Nov 8, 2021 | 223 | Sep 27, 2022 | 198 | Jul 13, 2023 | 421 |
| -1.37% | Apr 3, 2025 | 4 | Apr 8, 2025 | 11 | Apr 24, 2025 | 15 |
| -1.26% | Oct 3, 2018 | 57 | Dec 24, 2018 | 10 | Jan 9, 2019 | 67 |
| -0.79% | Feb 27, 2026 | 21 | Mar 27, 2026 | — | — | — |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading graphics...
Diversification
Diversification Metrics
Number of Effective Assets
The portfolio contains 6 assets, with an effective number of assets of 4.22, 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 | GBIL | FLRN | VGLT | SCHO | SHYG | USHY | Portfolio | |
|---|---|---|---|---|---|---|---|---|
| Benchmark | 1.00 | -0.02 | 0.17 | -0.09 | -0.08 | 0.73 | 0.70 | 0.57 |
| GBIL | -0.02 | 1.00 | 0.06 | 0.15 | 0.28 | 0.03 | 0.03 | 0.14 |
| FLRN | 0.17 | 0.06 | 1.00 | -0.04 | -0.02 | 0.16 | 0.16 | 0.30 |
| VGLT | -0.09 | 0.15 | -0.04 | 1.00 | 0.59 | 0.13 | 0.17 | 0.41 |
| SCHO | -0.08 | 0.28 | -0.02 | 0.59 | 1.00 | 0.15 | 0.17 | 0.45 |
| SHYG | 0.73 | 0.03 | 0.16 | 0.13 | 0.15 | 1.00 | 0.92 | 0.88 |
| USHY | 0.70 | 0.03 | 0.16 | 0.17 | 0.17 | 0.92 | 1.00 | 0.87 |
| Portfolio | 0.57 | 0.14 | 0.30 | 0.41 | 0.45 | 0.88 | 0.87 | 1.00 |