BWM Core
Asset Allocation
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in BWM Core, 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.
The earliest data available for this chart is May 23, 2023, corresponding to the inception date of BINC
Returns By Period
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | -10.18% | -6.79% | -9.92% | 6.35% | 14.12% | 9.63% |
| BWM Core | 4.67% | 0.33% | 0.69% | 12.32% | N/A | N/A |
| Portfolio components: | ||||||
JPST JPMorgan Ultra-Short Income ETF | 1.37% | 0.18% | 2.17% | 5.42% | 3.10% | N/A |
BINC BlackRock Flexible Income ETF | 0.77% | -0.93% | 0.88% | 6.65% | N/A | N/A |
SPLV Invesco S&P 500® Low Volatility ETF | 3.47% | -0.95% | -0.54% | 15.26% | 10.43% | 8.96% |
GLD SPDR Gold Trust | 26.43% | 9.92% | 21.83% | 38.50% | 14.11% | 10.35% |
GDX VanEck Vectors Gold Miners ETF | 50.16% | 14.43% | 19.39% | 51.21% | 12.30% | 11.05% |
RODM Hartford Multifactor Developed Markets (ex-US) ETF | 9.50% | -0.51% | 4.93% | 20.08% | 11.44% | 5.59% |
FXF Invesco CurrencyShares® Swiss Franc Trust | 10.74% | 7.77% | 5.48% | 10.83% | 2.74% | 0.61% |
VT Vanguard Total World Stock ETF | -5.05% | -5.46% | -6.79% | 8.02% | 13.61% | 8.07% |
RSP Invesco S&P 500® Equal Weight ETF | -6.73% | -5.98% | -9.82% | 3.45% | 14.91% | 8.87% |
IYH iShares U.S. Healthcare ETF | -3.07% | -7.87% | -12.41% | -2.01% | 7.73% | 7.38% |
JEPI JPMorgan Equity Premium Income ETF | -4.83% | -5.19% | -6.76% | 4.47% | N/A | N/A |
JPRE JPMorgan Realty Income ETF | -1.11% | -2.12% | -8.02% | 17.05% | N/A | N/A |
HYG iShares iBoxx $ High Yield Corporate Bond ETF | 0.28% | -1.35% | 0.30% | 8.56% | 5.23% | 3.76% |
VWO Vanguard FTSE Emerging Markets ETF | -1.58% | -5.83% | -7.19% | 9.30% | 8.02% | 2.72% |
EBND SPDR Bloomberg Barclays Emerging Markets Local Bond ETF | 6.04% | 2.00% | 2.05% | 8.42% | 0.82% | 0.50% |
BWX SPDR Bloomberg Barclays International Treasury Bond ETF | 7.99% | 5.17% | 2.82% | 8.53% | -2.27% | -0.50% |
Monthly Returns
The table below presents the monthly returns of BWM Core, 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 | 2.56% | 1.23% | 0.74% | 0.07% | 4.67% | ||||||||
| 2024 | -1.06% | 0.98% | 2.52% | -1.88% | 2.62% | 0.18% | 3.24% | 2.73% | 2.02% | -1.46% | 1.16% | -3.22% | 7.87% |
| 2023 | -0.87% | 2.70% | 2.30% | -1.98% | -3.42% | -0.64% | 5.66% | 3.71% | 7.36% |
Expense Ratio
BWM Core has an expense ratio of 0.30%, placing it in the medium range. 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 93, BWM Core is among the top 7% 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.
Dividends
Dividend yield
BWM Core provided a 2.82% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 2.82% | 2.80% | 2.76% | 2.73% | 1.65% | 1.59% | 1.56% | 1.54% | 1.13% | 0.99% | 1.11% | 1.00% |
| Portfolio components: | ||||||||||||
JPST JPMorgan Ultra-Short Income ETF | 4.98% | 5.16% | 4.79% | 1.83% | 0.73% | 1.43% | 2.69% | 2.07% | 0.96% | 0.00% | 0.00% | 0.00% |
BINC BlackRock Flexible Income ETF | 6.52% | 6.13% | 3.13% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPLV Invesco S&P 500® Low Volatility ETF | 1.90% | 1.88% | 2.45% | 2.11% | 1.51% | 2.12% | 2.08% | 2.18% | 2.03% | 2.03% | 2.28% | 2.20% |
GLD SPDR Gold Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GDX VanEck Vectors Gold Miners ETF | 0.79% | 1.19% | 1.61% | 1.66% | 1.67% | 0.53% | 0.65% | 0.50% | 0.76% | 0.26% | 0.85% | 0.66% |
RODM Hartford Multifactor Developed Markets (ex-US) ETF | 3.73% | 4.09% | 4.43% | 3.81% | 4.40% | 2.82% | 2.82% | 2.03% | 2.24% | 3.19% | 2.60% | 0.00% |
FXF Invesco CurrencyShares® Swiss Franc Trust | 0.00% | 0.03% | 0.02% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.15% |
VT Vanguard Total World Stock ETF | 2.03% | 1.95% | 2.08% | 2.20% | 1.82% | 1.66% | 2.32% | 2.53% | 2.11% | 2.39% | 2.45% | 2.44% |
RSP Invesco S&P 500® Equal Weight ETF | 1.73% | 1.52% | 1.63% | 1.82% | 1.28% | 1.64% | 1.69% | 2.02% | 1.52% | 1.20% | 1.70% | 1.46% |
IYH iShares U.S. Healthcare ETF | 1.28% | 1.25% | 1.18% | 1.10% | 0.94% | 1.16% | 1.14% | 1.95% | 1.10% | 1.29% | 2.02% | 1.05% |
JEPI JPMorgan Equity Premium Income ETF | 8.06% | 7.33% | 8.40% | 11.68% | 6.59% | 5.79% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
JPRE JPMorgan Realty Income ETF | 2.35% | 2.21% | 3.26% | 10.60% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HYG iShares iBoxx $ High Yield Corporate Bond ETF | 5.95% | 6.01% | 5.74% | 5.30% | 4.02% | 4.88% | 4.99% | 5.54% | 5.12% | 5.27% | 5.90% | 5.69% |
VWO Vanguard FTSE Emerging Markets ETF | 3.27% | 3.20% | 3.52% | 4.11% | 2.63% | 1.91% | 3.24% | 2.88% | 2.30% | 2.52% | 3.26% | 2.86% |
EBND SPDR Bloomberg Barclays Emerging Markets Local Bond ETF | 5.58% | 5.89% | 5.26% | 4.75% | 3.83% | 3.67% | 4.68% | 4.70% | 2.00% | 0.00% | 0.00% | 0.24% |
BWX SPDR Bloomberg Barclays International Treasury Bond ETF | 1.86% | 1.99% | 1.62% | 1.23% | 1.00% | 0.95% | 1.16% | 1.17% | 0.46% | 0.00% | 0.00% | 1.77% |
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 BWM Core. 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 BWM Core was 7.12%, occurring on Oct 3, 2023. Recovery took 50 trading sessions.
The current BWM Core drawdown is 0.33%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -7.12% | Jul 27, 2023 | 48 | Oct 3, 2023 | 50 | Dec 13, 2023 | 98 |
| -5.84% | Mar 20, 2025 | 14 | Apr 8, 2025 | — | — | — |
| -4.33% | Oct 21, 2024 | 56 | Jan 10, 2025 | 23 | Feb 13, 2025 | 79 |
| -2.49% | Apr 10, 2024 | 5 | Apr 16, 2024 | 17 | May 9, 2024 | 22 |
| -2.21% | Dec 28, 2023 | 13 | Jan 17, 2024 | 31 | Mar 1, 2024 | 44 |
Volatility
Volatility Chart
The current BWM Core volatility is 5.64%, 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
| JPST | FXF | GLD | IYH | GDX | SPLV | BWX | JPRE | VWO | BINC | JEPI | EBND | RSP | VT | HYG | RODM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JPST | 1.00 | 0.33 | 0.23 | 0.16 | 0.23 | 0.15 | 0.53 | 0.25 | 0.16 | 0.54 | 0.13 | 0.42 | 0.17 | 0.17 | 0.43 | 0.20 |
| FXF | 0.33 | 1.00 | 0.29 | 0.17 | 0.31 | 0.15 | 0.68 | 0.24 | 0.31 | 0.40 | 0.12 | 0.56 | 0.19 | 0.22 | 0.32 | 0.40 |
| GLD | 0.23 | 0.29 | 1.00 | 0.14 | 0.79 | 0.16 | 0.38 | 0.19 | 0.37 | 0.35 | 0.17 | 0.46 | 0.22 | 0.29 | 0.33 | 0.36 |
| IYH | 0.16 | 0.17 | 0.14 | 1.00 | 0.25 | 0.70 | 0.21 | 0.54 | 0.31 | 0.34 | 0.72 | 0.26 | 0.65 | 0.55 | 0.44 | 0.50 |
| GDX | 0.23 | 0.31 | 0.79 | 0.25 | 1.00 | 0.27 | 0.40 | 0.32 | 0.50 | 0.37 | 0.31 | 0.51 | 0.37 | 0.44 | 0.38 | 0.49 |
| SPLV | 0.15 | 0.15 | 0.16 | 0.70 | 0.27 | 1.00 | 0.24 | 0.68 | 0.31 | 0.35 | 0.79 | 0.29 | 0.74 | 0.51 | 0.46 | 0.53 |
| BWX | 0.53 | 0.68 | 0.38 | 0.21 | 0.40 | 0.24 | 1.00 | 0.39 | 0.39 | 0.67 | 0.22 | 0.77 | 0.31 | 0.35 | 0.58 | 0.50 |
| JPRE | 0.25 | 0.24 | 0.19 | 0.54 | 0.32 | 0.68 | 0.39 | 1.00 | 0.39 | 0.48 | 0.64 | 0.41 | 0.71 | 0.54 | 0.56 | 0.54 |
| VWO | 0.16 | 0.31 | 0.37 | 0.31 | 0.50 | 0.31 | 0.39 | 0.39 | 1.00 | 0.40 | 0.49 | 0.61 | 0.59 | 0.76 | 0.55 | 0.73 |
| BINC | 0.54 | 0.40 | 0.35 | 0.34 | 0.37 | 0.35 | 0.67 | 0.48 | 0.40 | 1.00 | 0.38 | 0.65 | 0.44 | 0.48 | 0.76 | 0.55 |
| JEPI | 0.13 | 0.12 | 0.17 | 0.72 | 0.31 | 0.79 | 0.22 | 0.64 | 0.49 | 0.38 | 1.00 | 0.35 | 0.88 | 0.78 | 0.60 | 0.63 |
| EBND | 0.42 | 0.56 | 0.46 | 0.26 | 0.51 | 0.29 | 0.77 | 0.41 | 0.61 | 0.65 | 0.35 | 1.00 | 0.44 | 0.53 | 0.65 | 0.63 |
| RSP | 0.17 | 0.19 | 0.22 | 0.65 | 0.37 | 0.74 | 0.31 | 0.71 | 0.59 | 0.44 | 0.88 | 0.44 | 1.00 | 0.86 | 0.68 | 0.73 |
| VT | 0.17 | 0.22 | 0.29 | 0.55 | 0.44 | 0.51 | 0.35 | 0.54 | 0.76 | 0.48 | 0.78 | 0.53 | 0.86 | 1.00 | 0.72 | 0.82 |
| HYG | 0.43 | 0.32 | 0.33 | 0.44 | 0.38 | 0.46 | 0.58 | 0.56 | 0.55 | 0.76 | 0.60 | 0.65 | 0.68 | 0.72 | 1.00 | 0.69 |
| RODM | 0.20 | 0.40 | 0.36 | 0.50 | 0.49 | 0.53 | 0.50 | 0.54 | 0.73 | 0.55 | 0.63 | 0.63 | 0.73 | 0.82 | 0.69 | 1.00 |