ETF
Asset Allocation
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in ETF, 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
The earliest data available for this chart is Mar 8, 2017, corresponding to the inception date of PAVE
Returns By Period
| Year-To-Date | 1 month | 6 months | 1 year | 5 years (annualized) | 10 years (annualized) | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | 16.48% | 1.67% | 14.21% | 21.98% | 13.13% | 10.91% |
| ETF | 8.81% | 1.53% | 9.77% | 14.16% | 9.08% | N/A |
| Portfolio components: | ||||||
VT Vanguard Total World Stock ETF | 11.87% | 1.45% | 11.89% | 17.05% | 10.80% | 8.58% |
VIGI Vanguard International Dividend Appreciation ETF | 6.93% | 4.60% | 8.25% | 12.36% | 7.58% | N/A |
PAVE Global X US Infrastructure Development ETF | 14.15% | 5.12% | 15.59% | 23.59% | 20.14% | N/A |
SMH VanEck Vectors Semiconductor ETF | 41.90% | -6.32% | 31.28% | 62.19% | 35.80% | 28.94% |
SOXX iShares PHLX Semiconductor ETF | 26.61% | -2.89% | 20.12% | 45.23% | 31.29% | 28.54% |
VGK Vanguard FTSE Europe ETF | 7.71% | 1.45% | 11.21% | 11.35% | 7.93% | 4.75% |
VPL Vanguard FTSE Pacific ETF | 5.93% | 3.99% | 7.14% | 9.50% | 5.66% | 4.62% |
VNQ Vanguard Real Estate ETF | 3.59% | 8.08% | 7.28% | 7.68% | 4.28% | 5.86% |
VNQI Vanguard Global ex-U.S. Real Estate ETF | -0.70% | 4.60% | 5.02% | 5.02% | -2.92% | 0.55% |
VGLT Vanguard Long-Term Treasury ETF | -3.58% | -0.88% | 0.84% | -3.58% | -3.88% | 0.53% |
VGIT Vanguard Intermediate-Term Treasury ETF | 0.75% | 0.77% | 1.50% | 3.57% | -0.01% | 1.19% |
VTIP Vanguard Short-Term Inflation-Protected Securities ETF | 2.66% | 0.55% | 2.64% | 5.83% | 3.29% | 2.10% |
VCSH Vanguard Short-Term Corporate Bond ETF | 2.45% | 0.90% | 2.54% | 6.47% | 1.82% | 2.14% |
LQD iShares iBoxx $ Investment Grade Corporate Bond ETF | 0.02% | 0.46% | 1.64% | 4.91% | 0.49% | 2.35% |
XLU Utilities Select Sector SPDR Fund | 12.55% | 1.88% | 17.27% | 6.23% | 6.63% | 8.65% |
Monthly Returns
The table below presents the monthly returns of ETF, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.56% | 2.95% | 3.07% | -3.50% | 4.44% | 0.49% | 8.81% | ||||||
| 2023 | 7.10% | -2.73% | 3.05% | 0.13% | -0.39% | 3.60% | 2.36% | -2.63% | -4.37% | -2.75% | 8.21% | 6.29% | 18.26% |
| 2022 | -4.95% | -1.59% | 0.82% | -6.56% | 0.87% | -7.01% | 6.68% | -4.64% | -8.81% | 2.38% | 9.26% | -3.15% | -16.94% |
| 2021 | -0.40% | 1.49% | 2.21% | 2.23% | 1.49% | 0.90% | 1.52% | 1.54% | -3.50% | 3.41% | 0.10% | 3.26% | 14.99% |
| 2020 | -0.13% | -3.80% | -9.49% | 6.45% | 3.55% | 2.66% | 3.64% | 2.52% | -0.75% | -0.85% | 9.01% | 3.17% | 15.74% |
| 2019 | 6.17% | 2.03% | 2.35% | 2.41% | -3.79% | 4.96% | 0.36% | 0.66% | 1.87% | 2.26% | 1.08% | 3.15% | 25.79% |
| 2018 | 2.13% | -3.41% | 0.42% | -0.84% | 1.91% | -0.68% | 1.71% | 0.44% | -0.87% | -5.51% | 2.03% | -3.30% | -6.13% |
| 2017 | 2.12% | 1.03% | 2.58% | -0.38% | 1.93% | 1.10% | 1.30% | 2.00% | 1.01% | 0.62% | 14.11% |
Expense Ratio
ETF has an expense ratio of 0.16%, which is considered low compared to other funds. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of ETF is 30, suggesting that the investment has average results relative to other portfolios in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
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 | |
|---|---|---|---|---|---|
VT Vanguard Total World Stock ETF | 1.58 | 2.29 | 1.28 | 1.17 | 5.01 |
VIGI Vanguard International Dividend Appreciation ETF | 1.12 | 1.66 | 1.19 | 0.65 | 3.63 |
PAVE Global X US Infrastructure Development ETF | 1.44 | 2.04 | 1.24 | 1.80 | 5.09 |
SMH VanEck Vectors Semiconductor ETF | 2.20 | 2.81 | 1.36 | 4.17 | 10.71 |
SOXX iShares PHLX Semiconductor ETF | 1.59 | 2.15 | 1.27 | 2.62 | 6.52 |
VGK Vanguard FTSE Europe ETF | 0.83 | 1.26 | 1.14 | 0.69 | 2.43 |
VPL Vanguard FTSE Pacific ETF | 0.76 | 1.15 | 1.13 | 0.48 | 2.35 |
VNQ Vanguard Real Estate ETF | 0.47 | 0.80 | 1.10 | 0.25 | 1.17 |
VNQI Vanguard Global ex-U.S. Real Estate ETF | 0.33 | 0.60 | 1.07 | 0.14 | 0.91 |
VGLT Vanguard Long-Term Treasury ETF | -0.26 | -0.25 | 0.97 | -0.09 | -0.53 |
VGIT Vanguard Intermediate-Term Treasury ETF | 0.62 | 0.95 | 1.11 | 0.22 | 1.97 |
VTIP Vanguard Short-Term Inflation-Protected Securities ETF | 2.57 | 4.61 | 1.55 | 2.14 | 23.10 |
VCSH Vanguard Short-Term Corporate Bond ETF | 2.34 | 3.83 | 1.45 | 1.19 | 14.48 |
LQD iShares iBoxx $ Investment Grade Corporate Bond ETF | 0.55 | 0.86 | 1.10 | 0.21 | 1.53 |
XLU Utilities Select Sector SPDR Fund | 0.35 | 0.60 | 1.07 | 0.24 | 0.82 |
Dividends
Dividend yield
ETF granted a 2.70% dividend yield in the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ETF | 2.70% | 2.66% | 2.59% | 2.76% | 1.87% | 2.99% | 2.91% | 2.38% | 2.41% | 2.31% | 2.34% | 2.25% |
| Portfolio components: | ||||||||||||
VT Vanguard Total World Stock ETF | 1.93% | 2.08% | 2.20% | 1.82% | 1.66% | 2.32% | 2.53% | 2.11% | 2.39% | 2.45% | 2.44% | 2.06% |
VIGI Vanguard International Dividend Appreciation ETF | 1.82% | 1.92% | 2.06% | 7.02% | 1.29% | 1.83% | 1.99% | 1.75% | 0.98% | 0.00% | 0.00% | 0.00% |
PAVE Global X US Infrastructure Development ETF | 0.60% | 0.68% | 0.84% | 0.48% | 0.44% | 0.67% | 0.78% | 0.30% | 0.00% | 0.00% | 0.00% | 0.00% |
SMH VanEck Vectors Semiconductor ETF | 0.42% | 0.60% | 2.37% | 1.02% | 1.38% | 6.00% | 3.75% | 2.85% | 1.61% | 4.28% | 2.31% | 3.11% |
SOXX iShares PHLX Semiconductor ETF | 0.60% | 0.78% | 1.25% | 0.64% | 0.81% | 1.23% | 1.37% | 0.90% | 1.08% | 1.29% | 1.56% | 1.18% |
VGK Vanguard FTSE Europe ETF | 3.12% | 3.15% | 3.25% | 3.05% | 2.11% | 3.27% | 3.95% | 2.70% | 3.52% | 3.25% | 4.62% | 2.77% |
VPL Vanguard FTSE Pacific ETF | 2.73% | 3.12% | 2.75% | 3.19% | 1.81% | 2.84% | 3.06% | 2.57% | 2.65% | 2.43% | 2.69% | 2.49% |
VNQ Vanguard Real Estate ETF | 3.97% | 3.95% | 3.91% | 2.56% | 3.93% | 3.39% | 4.74% | 4.23% | 4.82% | 3.92% | 3.60% | 4.32% |
VNQI Vanguard Global ex-U.S. Real Estate ETF | 3.76% | 3.74% | 0.57% | 6.48% | 0.93% | 7.58% | 4.62% | 3.86% | 5.18% | 2.86% | 4.11% | 3.27% |
VGLT Vanguard Long-Term Treasury ETF | 3.83% | 3.33% | 2.84% | 1.82% | 2.15% | 2.46% | 2.71% | 2.55% | 2.69% | 3.21% | 2.75% | 3.19% |
VGIT Vanguard Intermediate-Term Treasury ETF | 3.23% | 2.73% | 1.74% | 1.69% | 2.23% | 2.24% | 2.05% | 1.67% | 1.69% | 1.69% | 1.54% | 1.63% |
VTIP Vanguard Short-Term Inflation-Protected Securities ETF | 3.49% | 3.36% | 6.84% | 4.68% | 1.20% | 1.95% | 2.45% | 1.52% | 0.76% | 0.00% | 0.82% | 0.05% |
VCSH Vanguard Short-Term Corporate Bond ETF | 3.56% | 3.09% | 2.01% | 1.81% | 2.27% | 2.87% | 2.65% | 2.26% | 2.10% | 2.08% | 2.01% | 2.05% |
LQD iShares iBoxx $ Investment Grade Corporate Bond ETF | 4.33% | 3.99% | 3.30% | 2.30% | 2.66% | 3.29% | 3.67% | 3.10% | 3.34% | 3.47% | 3.39% | 3.83% |
XLU Utilities Select Sector SPDR Fund | 3.13% | 3.39% | 2.92% | 2.79% | 3.14% | 2.95% | 3.33% | 3.33% | 3.41% | 3.67% | 3.19% | 3.86% |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the ETF. 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 ETF was 25.06%, occurring on Oct 14, 2022. Recovery took 340 trading sessions.
The current ETF drawdown is 2.07%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -25.06% | Dec 28, 2021 | 202 | Oct 14, 2022 | 340 | Feb 23, 2024 | 542 |
| -23.99% | Feb 18, 2020 | 24 | Mar 20, 2020 | 94 | Aug 4, 2020 | 118 |
| -11.73% | Jan 29, 2018 | 229 | Dec 24, 2018 | 56 | Mar 18, 2019 | 285 |
| -5.02% | Apr 1, 2024 | 15 | Apr 19, 2024 | 17 | May 14, 2024 | 32 |
| -4.63% | Oct 13, 2020 | 12 | Oct 28, 2020 | 6 | Nov 5, 2020 | 18 |
Volatility
Volatility Chart
The current ETF volatility is 2.64%, 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
Asset Correlations Table
| VTIP | VGLT | VGIT | XLU | VCSH | LQD | VNQ | SMH | SOXX | PAVE | VNQI | VPL | VGK | VIGI | VT | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| VTIP | 1.00 | 0.41 | 0.57 | 0.19 | 0.59 | 0.49 | 0.22 | 0.06 | 0.07 | 0.11 | 0.19 | 0.16 | 0.16 | 0.19 | 0.15 |
| VGLT | 0.41 | 1.00 | 0.86 | 0.14 | 0.62 | 0.78 | 0.09 | -0.12 | -0.12 | -0.19 | -0.01 | -0.10 | -0.11 | -0.04 | -0.13 |
| VGIT | 0.57 | 0.86 | 1.00 | 0.16 | 0.79 | 0.76 | 0.12 | -0.11 | -0.11 | -0.16 | 0.04 | -0.05 | -0.07 | 0.01 | -0.09 |
| XLU | 0.19 | 0.14 | 0.16 | 1.00 | 0.26 | 0.30 | 0.62 | 0.14 | 0.15 | 0.31 | 0.35 | 0.30 | 0.33 | 0.35 | 0.37 |
| VCSH | 0.59 | 0.62 | 0.79 | 0.26 | 1.00 | 0.80 | 0.29 | 0.12 | 0.12 | 0.09 | 0.25 | 0.21 | 0.19 | 0.25 | 0.19 |
| LQD | 0.49 | 0.78 | 0.76 | 0.30 | 0.80 | 1.00 | 0.34 | 0.17 | 0.17 | 0.13 | 0.29 | 0.23 | 0.23 | 0.28 | 0.24 |
| VNQ | 0.22 | 0.09 | 0.12 | 0.62 | 0.29 | 0.34 | 1.00 | 0.38 | 0.40 | 0.57 | 0.60 | 0.51 | 0.53 | 0.55 | 0.62 |
| SMH | 0.06 | -0.12 | -0.11 | 0.14 | 0.12 | 0.17 | 0.38 | 1.00 | 0.99 | 0.60 | 0.52 | 0.65 | 0.62 | 0.65 | 0.77 |
| SOXX | 0.07 | -0.12 | -0.11 | 0.15 | 0.12 | 0.17 | 0.40 | 0.99 | 1.00 | 0.62 | 0.52 | 0.65 | 0.62 | 0.64 | 0.77 |
| PAVE | 0.11 | -0.19 | -0.16 | 0.31 | 0.09 | 0.13 | 0.57 | 0.60 | 0.62 | 1.00 | 0.57 | 0.68 | 0.69 | 0.67 | 0.80 |
| VNQI | 0.19 | -0.01 | 0.04 | 0.35 | 0.25 | 0.29 | 0.60 | 0.52 | 0.52 | 0.57 | 1.00 | 0.78 | 0.77 | 0.78 | 0.76 |
| VPL | 0.16 | -0.10 | -0.05 | 0.30 | 0.21 | 0.23 | 0.51 | 0.65 | 0.65 | 0.68 | 0.78 | 1.00 | 0.81 | 0.86 | 0.87 |
| VGK | 0.16 | -0.11 | -0.07 | 0.33 | 0.19 | 0.23 | 0.53 | 0.62 | 0.62 | 0.69 | 0.77 | 0.81 | 1.00 | 0.91 | 0.88 |
| VIGI | 0.19 | -0.04 | 0.01 | 0.35 | 0.25 | 0.28 | 0.55 | 0.65 | 0.64 | 0.67 | 0.78 | 0.86 | 0.91 | 1.00 | 0.89 |
| VT | 0.15 | -0.13 | -0.09 | 0.37 | 0.19 | 0.24 | 0.62 | 0.77 | 0.77 | 0.80 | 0.76 | 0.87 | 0.88 | 0.89 | 1.00 |