Defense 2025
Defensive sector/factor ETFs
Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
AMLP Alerian MLP ETF | MLPs | 12.50% |
IAUM iShares Gold Trust Micro ETF of Benef Interest | Precious Metals, Gold | 12.50% |
SPLV Invesco S&P 500® Low Volatility ETF | Volatility Hedged Equity | 12.50% |
TIP iShares TIPS Bond ETF | Inflation-Protected Bonds | 12.50% |
TLT iShares 20+ Year Treasury Bond ETF | Government Bonds | 12.50% |
XLP Consumer Staples Select Sector SPDR Fund | Consumer Staples Equities | 12.50% |
XLRE Real Estate Select Sector SPDR Fund | REIT | 12.50% |
XLV Health Care Select Sector SPDR Fund | Health & Biotech Equities | 12.50% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Defense 2025, 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 never rebalanced.
The earliest data available for this chart is Jun 30, 2021, corresponding to the inception date of IAUM
Returns By Period
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | -7.22% | -2.81% | -5.79% | 4.74% | 14.41% | 10.03% |
| Defense 2025 | 3.53% | -2.54% | 1.00% | 9.40% | N/A | N/A |
| Portfolio components: | ||||||
XLP Consumer Staples Select Sector SPDR Fund | 1.42% | -3.57% | -1.49% | 9.11% | 9.28% | 7.64% |
XLRE Real Estate Select Sector SPDR Fund | -2.97% | -6.18% | -7.99% | 3.50% | 5.48% | N/A |
AMLP Alerian MLP ETF | -0.20% | -6.59% | 3.35% | 7.73% | 30.58% | 2.77% |
SPLV Invesco S&P 500® Low Volatility ETF | 2.05% | -3.95% | 0.33% | 11.68% | 8.88% | 8.74% |
XLV Health Care Select Sector SPDR Fund | 1.26% | -5.67% | -8.75% | -1.58% | 9.65% | 8.26% |
IAUM iShares Gold Trust Micro ETF of Benef Interest | 17.84% | 7.08% | 18.52% | 31.40% | N/A | N/A |
TIP iShares TIPS Bond ETF | 3.17% | -0.02% | 1.03% | 5.42% | 1.37% | 2.21% |
TLT iShares 20+ Year Treasury Bond ETF | 2.82% | -2.04% | -3.91% | 0.37% | -9.32% | -1.21% |
Monthly Returns
The table below presents the monthly returns of Defense 2025, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 3.89% | 3.25% | 0.93% | -4.36% | 3.53% | ||||||||
| 2024 | 0.51% | 1.79% | 3.30% | -2.60% | 2.10% | 1.39% | 3.13% | 3.36% | 1.40% | -1.72% | 3.59% | -5.18% | 11.21% |
| 2023 | 3.24% | -3.63% | 2.61% | 1.75% | -3.53% | 2.43% | 1.75% | -1.78% | -3.41% | -0.63% | 5.93% | 2.69% | 7.12% |
| 2022 | -2.60% | 0.08% | 2.15% | -2.72% | -0.79% | -4.84% | 4.53% | -2.54% | -7.19% | 5.14% | 4.37% | -2.16% | -7.16% |
| 2021 | 2.18% | 0.66% | -3.23% | 3.89% | -1.38% | 5.59% | 7.67% |
Expense Ratio
Defense 2025 has an expense ratio of 0.25%, 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.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 91, Defense 2025 is among the top 9% of portfolios on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
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 | |
|---|---|---|---|---|---|
XLP Consumer Staples Select Sector SPDR Fund | 0.75 | 1.12 | 1.14 | 1.15 | 3.14 |
XLRE Real Estate Select Sector SPDR Fund | 0.26 | 0.48 | 1.06 | 0.19 | 0.93 |
AMLP Alerian MLP ETF | 0.39 | 0.63 | 1.09 | 0.48 | 2.20 |
SPLV Invesco S&P 500® Low Volatility ETF | 0.95 | 1.31 | 1.19 | 1.32 | 4.35 |
XLV Health Care Select Sector SPDR Fund | -0.09 | -0.03 | 1.00 | -0.09 | -0.23 |
IAUM iShares Gold Trust Micro ETF of Benef Interest | 2.02 | 2.67 | 1.35 | 3.97 | 10.65 |
TIP iShares TIPS Bond ETF | 1.25 | 1.75 | 1.22 | 0.51 | 3.74 |
TLT iShares 20+ Year Treasury Bond ETF | 0.09 | 0.23 | 1.03 | 0.03 | 0.18 |
Dividends
Dividend yield
Defense 2025 provided a 3.12% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 3.12% | 3.03% | 2.99% | 3.38% | 2.76% | 3.03% | 2.88% | 3.15% | 2.73% | 2.82% | 2.52% | 2.09% |
| Portfolio components: | ||||||||||||
XLP Consumer Staples Select Sector SPDR Fund | 2.57% | 2.77% | 2.63% | 2.47% | 2.28% | 2.50% | 2.57% | 3.04% | 2.62% | 2.53% | 2.53% | 2.40% |
XLRE Real Estate Select Sector SPDR Fund | 3.56% | 3.43% | 3.31% | 3.70% | 2.61% | 3.15% | 3.06% | 3.78% | 3.25% | 4.22% | 1.09% | 0.00% |
AMLP Alerian MLP ETF | 8.06% | 7.70% | 7.86% | 7.70% | 8.55% | 12.31% | 9.12% | 9.30% | 7.97% | 8.09% | 9.84% | 6.45% |
SPLV Invesco S&P 500® Low Volatility ETF | 1.77% | 1.88% | 2.45% | 2.11% | 1.51% | 2.12% | 2.08% | 2.18% | 2.03% | 2.03% | 2.28% | 2.20% |
XLV Health Care Select Sector SPDR Fund | 1.68% | 1.67% | 1.59% | 1.47% | 1.33% | 1.49% | 2.17% | 1.58% | 1.47% | 1.60% | 1.43% | 1.35% |
IAUM iShares Gold Trust Micro ETF of Benef Interest | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TIP iShares TIPS Bond ETF | 3.05% | 2.52% | 2.73% | 6.96% | 4.28% | 1.17% | 1.75% | 2.71% | 2.07% | 1.48% | 0.34% | 1.67% |
TLT iShares 20+ Year Treasury Bond ETF | 4.24% | 4.30% | 3.38% | 2.67% | 1.50% | 1.50% | 2.27% | 2.63% | 2.43% | 2.60% | 2.61% | 2.67% |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Defense 2025. 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 Defense 2025 was 15.52%, occurring on Oct 10, 2022. Recovery took 344 trading sessions.
The current Defense 2025 drawdown is 4.53%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -15.52% | Apr 21, 2022 | 119 | Oct 10, 2022 | 344 | Feb 23, 2024 | 463 |
| -7.91% | Apr 3, 2025 | 4 | Apr 8, 2025 | — | — | — |
| -6.12% | Dec 2, 2024 | 14 | Dec 19, 2024 | 30 | Feb 5, 2025 | 44 |
| -4.63% | Jan 3, 2022 | 37 | Feb 24, 2022 | 24 | Mar 30, 2022 | 61 |
| -4.3% | Sep 3, 2021 | 19 | Sep 30, 2021 | 23 | Nov 2, 2021 | 42 |
Volatility
Volatility Chart
The current Defense 2025 volatility is 6.45%, 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
| IAUM | AMLP | TLT | TIP | XLV | XLP | XLRE | SPLV | |
|---|---|---|---|---|---|---|---|---|
| IAUM | 1.00 | 0.20 | 0.29 | 0.42 | 0.11 | 0.11 | 0.18 | 0.16 |
| AMLP | 0.20 | 1.00 | -0.03 | 0.13 | 0.30 | 0.29 | 0.39 | 0.39 |
| TLT | 0.29 | -0.03 | 1.00 | 0.75 | 0.11 | 0.16 | 0.26 | 0.17 |
| TIP | 0.42 | 0.13 | 0.75 | 1.00 | 0.18 | 0.21 | 0.32 | 0.25 |
| XLV | 0.11 | 0.30 | 0.11 | 0.18 | 1.00 | 0.64 | 0.63 | 0.76 |
| XLP | 0.11 | 0.29 | 0.16 | 0.21 | 0.64 | 1.00 | 0.60 | 0.83 |
| XLRE | 0.18 | 0.39 | 0.26 | 0.32 | 0.63 | 0.60 | 1.00 | 0.75 |
| SPLV | 0.16 | 0.39 | 0.17 | 0.25 | 0.76 | 0.83 | 0.75 | 1.00 |