Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
SCHD Schwab U.S. Dividend Equity ETF | Dividend | 56% |
VIG Vanguard Dividend Appreciation ETF | Dividend | 24% |
VTEB Vanguard Tax-Exempt Bond ETF | Municipal Bonds | 20% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in SCHD/VIG/VTEB, 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.
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The earliest data available for this chart is Aug 25, 2015, corresponding to the inception date of VTEB
Returns By Period
As of Apr 2, 2026, the SCHD/VIG/VTEB returned 6.70% Year-To-Date and 10.42% of annualized return in the last 10 years.
| 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 SCHD/VIG/VTEB | 0.17% | -2.38% | 6.70% | 8.26% | 12.00% | 10.51% | 7.33% | 10.42% |
| Portfolio components: | ||||||||
SCHD Schwab U.S. Dividend Equity ETF | 0.16% | -2.44% | 12.35% | 13.88% | 13.89% | 11.70% | 8.35% | 12.30% |
VIG Vanguard Dividend Appreciation ETF | 0.16% | -3.69% | -1.33% | 0.36% | 12.71% | 13.72% | 9.86% | 12.36% |
VTEB Vanguard Tax-Exempt Bond ETF | 0.18% | -0.90% | 0.27% | 1.73% | 4.40% | 2.82% | 0.92% | 2.11% |
Monthly Returns
Based on dividend-adjusted daily data since Aug 26, 2015, SCHD/VIG/VTEB's average daily return is +0.05%, while the average monthly return is +0.93%. At this rate, your investment would double in approximately 6.2 years.
Historically, 65% of months were positive and 35% were negative. The best month was Nov 2020 with a return of +10.1%, while the worst month was Mar 2020 at -9.5%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 3 months.
On a daily basis, SCHD/VIG/VTEB closed higher 55% of trading days. The best single day was Mar 13, 2020 with a return of +7.4%, while the worst single day was Mar 12, 2020 at -8.7%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 5.44% | 4.43% | -3.09% | -0.01% | 6.70% | ||||||||
| 2025 | 1.83% | 1.80% | -1.97% | -4.78% | 1.52% | 2.35% | 0.08% | 3.76% | 0.39% | -0.75% | 2.42% | 0.05% | 6.60% |
| 2024 | 0.33% | 1.82% | 3.30% | -3.77% | 1.94% | 0.57% | 4.68% | 2.21% | 1.07% | -0.61% | 4.21% | -4.94% | 10.84% |
| 2023 | 2.40% | -2.97% | 0.37% | 0.05% | -3.07% | 4.66% | 2.93% | -1.51% | -3.90% | -2.72% | 6.47% | 5.02% | 7.26% |
| 2022 | -3.32% | -1.82% | 1.78% | -4.08% | 2.50% | -6.28% | 4.32% | -2.86% | -6.73% | 8.43% | 6.49% | -2.91% | -5.68% |
| 2021 | -1.14% | 3.46% | 6.66% | 2.38% | 2.30% | -0.52% | 1.23% | 1.50% | -3.42% | 4.12% | -1.34% | 5.67% | 22.42% |
Benchmark Metrics
SCHD/VIG/VTEB has an annualized alpha of 2.54%, beta of 0.67, and R² of 0.83 versus S&P 500 Index. Calculated based on daily prices since August 26, 2015.
- This portfolio participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (72.68%) than losses (71.08%) — typical of diversified or defensive assets.
- This portfolio generated an annualized alpha of 2.54% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
- Beta of 0.67 indicates this portfolio moves significantly less than S&P 500 Index — a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- 2.54%
- Beta
- 0.67
- R²
- 0.83
- Upside Capture
- 72.68%
- Downside Capture
- 71.08%
Expense Ratio
SCHD/VIG/VTEB has an expense ratio of 0.05%, 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
SCHD/VIG/VTEB ranks 24 for risk / return — below 24% of portfolios on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
| Portfolio | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.99 | 0.88 | +0.11 |
Sortino ratioReturn per unit of downside risk | 1.46 | 1.37 | +0.09 |
Omega ratioGain probability vs. loss probability | 1.21 | 1.21 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.18 | 1.39 | -0.21 |
Martin ratioReturn relative to average drawdown | 4.84 | 6.43 | -1.59 |
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 | |
|---|---|---|---|---|---|---|
SCHD Schwab U.S. Dividend Equity ETF | 40 | 0.89 | 1.34 | 1.19 | 1.09 | 3.69 |
VIG Vanguard Dividend Appreciation ETF | 43 | 0.84 | 1.28 | 1.19 | 1.24 | 5.41 |
VTEB Vanguard Tax-Exempt Bond ETF | 48 | 1.11 | 1.40 | 1.26 | 1.19 | 3.48 |
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Dividends
Dividend yield
SCHD/VIG/VTEB provided a 2.99% dividend yield over the last twelve months.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 2.99% | 3.19% | 3.08% | 2.97% | 2.79% | 2.26% | 2.56% | 2.54% | 2.66% | 2.32% | 2.46% | 2.34% |
| Portfolio components: | ||||||||||||
SCHD Schwab U.S. Dividend Equity ETF | 3.45% | 3.82% | 3.64% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% |
VIG Vanguard Dividend Appreciation ETF | 1.60% | 1.62% | 1.73% | 1.88% | 1.96% | 1.55% | 1.63% | 1.71% | 2.08% | 1.88% | 2.14% | 2.34% |
VTEB Vanguard Tax-Exempt Bond ETF | 3.36% | 3.29% | 3.14% | 2.79% | 2.09% | 1.64% | 1.99% | 2.30% | 2.25% | 1.96% | 1.66% | 0.58% |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the SCHD/VIG/VTEB. 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 SCHD/VIG/VTEB was 28.10%, occurring on Mar 23, 2020. Recovery took 99 trading sessions.
The current SCHD/VIG/VTEB drawdown is 3.32%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -28.1% | Feb 13, 2020 | 27 | Mar 23, 2020 | 99 | Aug 12, 2020 | 126 |
| -16.46% | Jan 5, 2022 | 186 | Sep 30, 2022 | 306 | Dec 19, 2023 | 492 |
| -13.44% | Sep 24, 2018 | 64 | Dec 24, 2018 | 65 | Mar 29, 2019 | 129 |
| -13.37% | Dec 2, 2024 | 87 | Apr 8, 2025 | 121 | Oct 1, 2025 | 208 |
| -9.38% | Jan 29, 2018 | 39 | Mar 23, 2018 | 120 | Sep 13, 2018 | 159 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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Diversification
Diversification Metrics
Number of Effective Assets
The portfolio contains 3 assets, with an effective number of assets of 2.43, 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 | VTEB | SCHD | VIG | Portfolio | |
|---|---|---|---|---|---|
| Benchmark | 1.00 | 0.01 | 0.79 | 0.91 | 0.84 |
| VTEB | 0.01 | 1.00 | -0.01 | 0.04 | 0.06 |
| SCHD | 0.79 | -0.01 | 1.00 | 0.87 | 0.99 |
| VIG | 0.91 | 0.04 | 0.87 | 1.00 | 0.93 |
| Portfolio | 0.84 | 0.06 | 0.99 | 0.93 | 1.00 |