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Wealthfront Bond

Last updated Sep 21, 2023

Asset Allocation


SCHO 30%FLRN 30%SHYG 20%GBIL 10%USHY 8%VGLT 2%BondBond
PositionCategory/SectorWeight
SCHO
Schwab Short-Term U.S. Treasury ETF
Government Bonds30%
FLRN
SPDR Bloomberg Barclays Investment Grade Floating Rate ETF
Corporate Bonds30%
SHYG
iShares 0-5 Year High Yield Corporate Bond ETF
High Yield Bonds20%
GBIL
Goldman Sachs Access Treasury 0-1 Year ETF
Government Bonds10%
USHY
iShares Broad USD High Yield Corporate Bond ETF
High Yield Bonds8%
VGLT
Vanguard Long-Term Treasury ETF
Government Bonds2%

Performance

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 Quarterly


0.00%5.00%10.00%15.00%AprilMayJuneJulyAugustSeptember
2.23%
10.86%
Wealthfront Bond
Benchmark (^GSPC)
Portfolio components

Returns

As of Sep 21, 2023, the Wealthfront Bond returned 3.62% Year-To-Date and 1.92% of annualized return in the last 10 years.


1 month6 monthsYear-To-Date1 year5 years (annualized)10 years (annualized)
Benchmark0.06%11.82%14.66%14.17%8.51%9.65%
Wealthfront Bond0.45%2.39%3.62%4.66%1.95%1.92%
GBIL
Goldman Sachs Access Treasury 0-1 Year ETF
0.43%2.28%3.28%4.24%1.59%1.58%
SCHO
Schwab Short-Term U.S. Treasury ETF
0.04%-0.26%1.45%1.76%0.95%0.80%
FLRN
SPDR Bloomberg Barclays Investment Grade Floating Rate ETF
0.57%4.46%4.71%5.89%2.15%2.17%
SHYG
iShares 0-5 Year High Yield Corporate Bond ETF
0.87%4.21%5.40%7.73%2.91%3.07%
USHY
iShares Broad USD High Yield Corporate Bond ETF
0.40%3.60%5.60%7.15%2.75%2.67%
VGLT
Vanguard Long-Term Treasury ETF
0.79%-10.04%-3.91%-8.18%-1.93%-2.01%

Asset Correlations Table

The table below shows the correlation coefficients between the assets in the portfolio.

FLRNGBILVGLTSCHOSHYGUSHY
FLRN1.000.03-0.06-0.020.140.14
GBIL0.031.000.150.23-0.02-0.02
VGLT-0.060.151.000.570.000.05
SCHO-0.020.230.571.000.040.07
SHYG0.14-0.020.000.041.000.90
USHY0.14-0.020.050.070.901.00

Sharpe Ratio

The current Wealthfront Bond Sharpe ratio is 1.50. A Sharpe ratio greater than 1.0 is considered acceptable.

-1.000.001.002.003.004.001.50

The Sharpe ratio of Wealthfront Bond is in the top 25%, it signifies superior risk-adjusted performance. This means that for the level of risk undertaken, the portfolio is generating impressive returns compared to most others.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.50AprilMayJuneJulyAugustSeptember
1.50
0.74
Wealthfront Bond
Benchmark (^GSPC)
Portfolio components

Dividend yield

Wealthfront Bond granted a 4.68% dividend yield in the last twelve months.


TTM20222021202020192018201720162015201420132012
Wealthfront Bond4.68%2.89%1.81%2.58%3.77%3.79%2.64%2.31%2.10%1.80%0.72%0.74%
GBIL
Goldman Sachs Access Treasury 0-1 Year ETF
3.93%1.42%0.00%0.84%2.32%1.83%0.81%0.12%0.00%0.00%0.00%0.00%
SCHO
Schwab Short-Term U.S. Treasury ETF
3.16%1.37%0.43%1.33%2.39%1.92%1.23%0.91%0.76%0.53%0.33%0.33%
FLRN
SPDR Bloomberg Barclays Investment Grade Floating Rate ETF
4.85%2.03%0.42%1.29%2.97%2.64%1.85%1.22%0.73%0.62%0.85%1.88%
SHYG
iShares 0-5 Year High Yield Corporate Bond ETF
6.41%5.82%5.33%5.87%6.50%7.59%7.48%7.96%7.87%6.93%1.42%0.00%
USHY
iShares Broad USD High Yield Corporate Bond ETF
6.71%6.33%5.59%6.16%7.26%8.21%1.00%0.00%0.00%0.00%0.00%0.00%
VGLT
Vanguard Long-Term Treasury ETF
3.35%2.90%1.90%2.29%2.68%3.03%2.93%3.17%3.87%3.43%4.10%3.99%

Expense Ratio

The Wealthfront Bond features an expense ratio of 0.14%, falling within the medium range. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.


0.30%
0.00%2.15%
0.15%
0.00%2.15%
0.12%
0.00%2.15%
0.05%
0.00%2.15%
0.04%
0.00%2.15%

Risk-Adjusted Performance

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 ratioSortino ratioOmega ratioCalmar ratioUlcer Index
GBIL
Goldman Sachs Access Treasury 0-1 Year ETF
11.08
SCHO
Schwab Short-Term U.S. Treasury ETF
0.63
FLRN
SPDR Bloomberg Barclays Investment Grade Floating Rate ETF
2.12
SHYG
iShares 0-5 Year High Yield Corporate Bond ETF
0.96
USHY
iShares Broad USD High Yield Corporate Bond ETF
0.64
VGLT
Vanguard Long-Term Treasury ETF
-0.53

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-15.00%-10.00%-5.00%0.00%AprilMayJuneJulyAugustSeptember
-0.17%
-8.22%
Wealthfront Bond
Benchmark (^GSPC)
Portfolio components

Worst Drawdowns

The table below shows the maximum drawdowns of the Wealthfront Bond. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Wealthfront Bond is 8.38%, recorded on Mar 19, 2020. It took 84 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-8.38%Mar 5, 202011Mar 19, 202084Jul 20, 202095
-5.24%Nov 8, 2021223Sep 27, 2022198Jul 13, 2023421
-1.2%Oct 3, 201857Dec 24, 201810Jan 9, 201967
-0.65%Jan 26, 201811Feb 9, 201842Apr 12, 201853
-0.6%Sep 3, 202016Sep 25, 202011Oct 12, 202027

Volatility Chart

The current Wealthfront Bond volatility is 0.50%, 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.


0.00%1.00%2.00%3.00%4.00%5.00%AprilMayJuneJulyAugustSeptember
0.50%
3.47%
Wealthfront Bond
Benchmark (^GSPC)
Portfolio components