Wealthfront Bond
Asset Allocation
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
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 month | 6 months | Year-To-Date | 1 year | 5 years (annualized) | 10 years (annualized) | |
|---|---|---|---|---|---|---|
| Benchmark | 0.06% | 11.82% | 14.66% | 14.17% | 8.51% | 9.65% |
| Wealthfront Bond | 0.45% | 2.39% | 3.62% | 4.66% | 1.95% | 1.92% |
| Portfolio components: | ||||||
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% |
| Returns over 1 year are annualized | ||||||
Asset Correlations Table
| FLRN | GBIL | VGLT | SCHO | SHYG | USHY | |
|---|---|---|---|---|---|---|
| FLRN | 1.00 | 0.03 | -0.06 | -0.02 | 0.14 | 0.14 |
| GBIL | 0.03 | 1.00 | 0.15 | 0.23 | -0.02 | -0.02 |
| VGLT | -0.06 | 0.15 | 1.00 | 0.57 | 0.00 | 0.05 |
| SCHO | -0.02 | 0.23 | 0.57 | 1.00 | 0.04 | 0.07 |
| SHYG | 0.14 | -0.02 | 0.00 | 0.04 | 1.00 | 0.90 |
| USHY | 0.14 | -0.02 | 0.05 | 0.07 | 0.90 | 1.00 |
Dividend yield
Wealthfront Bond granted a 4.68% dividend yield in the last twelve months.
| TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Wealthfront Bond | 4.68% | 2.89% | 1.81% | 2.58% | 3.77% | 3.79% | 2.64% | 2.31% | 2.10% | 1.80% | 0.72% | 0.74% |
| Portfolio components: | ||||||||||||
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.
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 ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer 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.
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, 2020 | 11 | Mar 19, 2020 | 84 | Jul 20, 2020 | 95 |
| -5.24% | Nov 8, 2021 | 223 | Sep 27, 2022 | 198 | Jul 13, 2023 | 421 |
| -1.2% | Oct 3, 2018 | 57 | Dec 24, 2018 | 10 | Jan 9, 2019 | 67 |
| -0.65% | Jan 26, 2018 | 11 | Feb 9, 2018 | 42 | Apr 12, 2018 | 53 |
| -0.6% | Sep 3, 2020 | 16 | Sep 25, 2020 | 11 | Oct 12, 2020 | 27 |
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.