Market Ignorance

Asset Allocation

Position	Category/Sector	Target Weight
AAPL Apple Inc	Technology	2.60%
AMGN Amgen Inc.	Healthcare	3.61%
AMZN Amazon.com, Inc	Consumer Cyclical	2.73%
AXON Axon Enterprise, Inc.	Industrials	0.92%
AXP American Express Company	Financial Services	4.97%
BA The Boeing Company	Industrials	3.20%
CAT Caterpillar Inc.	Industrials	5.98%
CRM salesforce.com, inc.	Technology	3.45%
CSCO Cisco Systems, Inc.	Technology	0.88%
CVX Chevron Corporation	Energy	1.85%
DIS The Walt Disney Company	Communication Services	1.92%
GS The Goldman Sachs Group, Inc.	Financial Services	8.63%
HD The Home Depot, Inc.	Consumer Cyclical	4.66%
HON Honeywell International Inc	Industrials	3.57%
IBM International Business Machines Corporation	Technology	3.39%
JNJ Johnson & Johnson	Healthcare	1.96%
JNPR Juniper Networks, Inc.	Technology	0.01%
JPM JPMorgan Chase & Co.	Financial Services	4.57%
KO The Coca-Cola Company	Consumer Defensive	1.12%
MCD McDonald's Corporation	Consumer Cyclical	3.68%
MMM 3M Company	Industrials	1.90%
MRK Merck & Co., Inc.	Healthcare	1.03%
MSFT Microsoft Corporation	Technology	6.34%
NKE NIKE, Inc.	Consumer Cyclical	0.78%
NVDA NVIDIA Corporation	Technology	1.56%
PG The Procter & Gamble Company	Consumer Defensive	2.05%
RSG Republic Services, Inc.	Industrials	0.93%
SGOV iShares 0-3 Month Treasury Bond ETF	Ultrashort Bond	2.52%
SHW The Sherwin-Williams Company	Basic Materials	4.43%
TPR Tapestry, Inc.	Consumer Cyclical	0.05%
TRV The Travelers Companies, Inc.	Financial Services	3.36%
UNH UnitedHealth Group Incorporated	Healthcare	3.89%
V Visa Inc.	Financial Services	5.56%
VZ Verizon Communications Inc.	Communication Services	0.68%
WMT Walmart Inc.	Consumer Defensive	1.22%

Benchmark Against

Benchmark

S&P 500 Index

Rebalance

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Market Ignorance, 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 week.

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The earliest data available for this chart is May 28, 2020, corresponding to the inception date of SGOV

Returns By Period

	1D	1M	YTD	6M	1Y	3Y*	5Y*	10Y*
Benchmark S&P 500 Index	-0.11%	2.78%	-0.42%	4.03%	27.10%	18.38%	10.55%	12.70%
Portfolio Market Ignorance	-0.66%	1.79%	-1.33%	4.44%	23.15%	20.81%	13.87%	—
Portfolio components:
GS The Goldman Sachs Group, Inc.	0.45%	16.06%	3.82%	19.98%	87.41%	43.97%	25.35%	21.87%
MSFT Microsoft Corporation	-0.59%	-6.24%	-23.14%	-27.12%	-3.79%	10.31%	8.60%	22.66%
CAT Caterpillar Inc.	0.46%	13.93%	38.34%	61.77%	173.14%	55.54%	30.31%	29.38%
V Visa Inc.	-1.27%	-0.91%	-13.04%	-11.07%	-8.03%	10.87%	7.25%	15.32%
AXP American Express Company	-1.34%	4.84%	-14.80%	-0.34%	26.14%	26.14%	17.65%	19.51%
HD The Home Depot, Inc.	-0.66%	-0.50%	-1.31%	-9.04%	-2.26%	7.39%	3.61%	12.30%
JPM JPMorgan Chase & Co.	-0.15%	9.88%	-2.90%	3.98%	33.74%	37.18%	17.61%	21.17%
SHW The Sherwin-Williams Company	0.11%	5.11%	3.96%	1.45%	0.70%	15.11%	6.59%	14.02%
UNH UnitedHealth Group Incorporated	-0.84%	7.88%	-7.09%	-12.90%	-47.80%	-14.75%	-2.50%	10.95%
MCD McDonald's Corporation	-1.25%	-6.37%	0.58%	4.12%	0.92%	4.81%	8.15%	11.80%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since May 29, 2020, Market Ignorance's average daily return is +0.07%, while the average monthly return is +1.51%. At this rate, an investment would double in approximately 3.9 years.

Historically, 64% of months were positive and 36% were negative. The best month was Oct 2022 with a return of +13.7%, while the worst month was Sep 2022 at -9.4%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 3 months.

On a daily basis, Market Ignorance closed higher 55% of trading days. The best single day was Apr 9, 2025 with a return of +8.3%, while the worst single day was Jun 11, 2020 at -6.7%.

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Total
2026	1.29%	0.17%	-5.36%	2.75%									-1.33%
2025	5.07%	-0.93%	-4.28%	-1.48%	5.63%	4.59%	-0.01%	3.52%	1.76%	2.51%	0.07%	1.29%	18.69%
2024	2.28%	4.23%	3.14%	-4.60%	3.11%	1.36%	4.92%	2.62%	2.02%	-0.53%	8.79%	-4.23%	24.81%
2023	5.49%	-3.05%	2.24%	2.50%	-1.79%	5.96%	3.74%	-1.40%	-3.93%	-1.74%	10.58%	6.15%	26.41%
2022	-3.42%	-3.05%	2.36%	-5.79%	0.74%	-7.63%	8.36%	-3.39%	-9.36%	13.73%	7.20%	-4.92%	-7.59%
2021	-1.44%	4.83%	5.82%	4.50%	2.22%	0.78%	1.46%	2.20%	-3.99%	5.94%	-2.95%	4.92%	26.41%

Benchmark Metrics

Market Ignorance has an annualized alpha of 5.26%, beta of 0.87, and R² of 0.88 versus S&P 500 Index. Calculated based on daily prices since May 29, 2020.

This portfolio captured 106.65% of S&P 500 Index gains but only 91.00% of its losses — a favorable profile for investors.
This portfolio generated an annualized alpha of 5.26% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
With beta of 0.87 and R² of 0.88, this portfolio moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

Alpha: 5.26%

Beta: 0.87

R²: 0.88

Upside Capture: 106.65%

Downside Capture: 91.00%

Expense Ratio

Market Ignorance has an expense ratio of 0.00%, 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.

SGOV

iShares 0-3 Month Treasury Bond ETF

Return for Risk

Risk / Return Rank

Market Ignorance ranks 31 for risk / return — below 31% 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.

Overall Rank

Sharpe Ratio Rank

Sortino Ratio Rank

Omega Ratio Rank

Calmar Ratio Rank

Martin Ratio Rank

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

	Portfolio	Benchmark	Difference
Sharpe ratio Return per unit of total volatility	1.99	2.23	-0.25
Sortino ratio Return per unit of downside risk	2.88	3.12	-0.24
Omega ratio Gain probability vs. loss probability	1.36	1.42	-0.06
Calmar ratio Return relative to maximum drawdown	3.28	4.05	-0.77
Martin ratio Return relative to average drawdown	12.96	17.91	-4.95
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
GS The Goldman Sachs Group, Inc.	91	3.34	3.93	1.52	5.17	17.85
MSFT Microsoft Corporation	29	-0.08	0.05	1.01	0.16	0.40
CAT Caterpillar Inc.	98	5.66	6.20	1.81	13.88	47.70
V Visa Inc.	24	-0.27	-0.22	0.97	-0.03	-0.06
AXP American Express Company	59	1.06	1.52	1.21	1.54	4.30
HD The Home Depot, Inc.	29	-0.10	0.02	1.00	0.13	0.30
JPM JPMorgan Chase & Co.	75	1.83	2.40	1.32	2.95	8.07
SHW The Sherwin-Williams Company	35	0.12	0.36	1.04	0.44	1.01
UNH UnitedHealth Group Incorporated	8	-0.93	-1.17	0.81	-0.72	-0.94
MCD McDonald's Corporation	34	0.12	0.30	1.03	0.41	0.91

Sharpe Ratio

The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

Market Ignorance Sharpe ratios as of Apr 11, 2026 (values are recalculated daily):

1-Year: 1.99
5-Year: 0.90
All Time: 1.18

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

Compared to the broad market, where average Sharpe ratios range from 2.14 to 3.05, this portfolio's current Sharpe ratio places it in the bottom 25%. This suggests weaker risk-adjusted returns than most portfolios, possibly due to lower returns, higher volatility, or both. It may be worth reviewing the allocation. You can use the Portfolio Optimization tool to explore options for improving the Sharpe ratio.

The chart below shows the rolling Sharpe ratio of Market Ignorance compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.

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Dividends

Dividend yield

Market Ignorance provided a 1.67% dividend yield over the last twelve months.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Portfolio	1.67%	1.62%	1.98%	1.87%	1.81%	1.55%	1.77%	1.80%	1.97%	1.66%	1.94%	2.04%
Portfolio components:
GS The Goldman Sachs Group, Inc.	1.71%	1.59%	2.01%	2.72%	2.62%	1.70%	1.90%	1.80%	1.89%	1.14%	1.09%	1.41%
MSFT Microsoft Corporation	0.94%	0.70%	0.73%	0.74%	1.06%	0.68%	0.94%	1.20%	1.69%	1.86%	2.37%	2.33%
CAT Caterpillar Inc.	0.75%	1.02%	1.49%	1.69%	1.93%	2.07%	2.26%	2.56%	2.58%	1.97%	3.32%	4.33%
V Visa Inc.	0.83%	0.70%	0.68%	0.72%	0.76%	0.62%	0.56%	0.56%	0.67%	0.61%	0.75%	0.64%
AXP American Express Company	1.09%	0.85%	0.91%	1.24%	1.35%	1.05%	1.42%	1.29%	1.51%	1.32%	1.61%	1.58%
HD The Home Depot, Inc.	2.74%	2.67%	2.31%	2.41%	2.41%	1.59%	2.26%	2.49%	2.40%	1.88%	2.06%	1.78%
JPM JPMorgan Chase & Co.	1.90%	1.72%	1.92%	2.38%	2.98%	2.34%	2.83%	2.37%	2.54%	1.91%	2.13%	2.54%
SHW The Sherwin-Williams Company	0.94%	0.98%	0.84%	0.78%	1.01%	0.62%	0.73%	0.77%	0.87%	0.83%	1.25%	1.03%
UNH UnitedHealth Group Incorporated	2.90%	2.64%	1.62%	1.38%	1.21%	1.12%	1.38%	1.41%	1.38%	1.30%	1.48%	1.59%
MCD McDonald's Corporation	2.38%	2.35%	2.34%	2.10%	2.15%	1.96%	2.35%	2.39%	2.36%	2.23%	2.97%	2.91%

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 Market Ignorance. 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 Market Ignorance was 21.52%, occurring on Sep 30, 2022. Recovery took 175 trading sessions.

The current Market Ignorance drawdown is 4.76%.

Depth	Start	To Bottom	Bottom	To Recover	End	Total
-21.52%	Jan 5, 2022	186	Sep 30, 2022	175	Jun 13, 2023	361
-16.03%	Feb 6, 2025	43	Apr 8, 2025	52	Jun 24, 2025	95
-9.67%	Feb 11, 2026	32	Mar 27, 2026	—	—	—
-9.16%	Aug 2, 2023	62	Oct 27, 2023	16	Nov 20, 2023	78
-8.31%	Jun 9, 2020	3	Jun 11, 2020	38	Aug 5, 2020	41

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 35 assets, with an effective number of assets of 24.00, reflecting the diversification based on asset allocation. This number of effective assets suggests that the portfolio's investments are spread across a variety of assets, indicating a well-diversified allocation. However, true diversification also depends on the correlations between assets.

Asset Correlations Table

The table below displays the correlation coefficients between the individual components of the portfolio, the entire portfolio, and the chosen benchmark.

	Benchmark	SGOV	MRK	VZ	CVX	AXON	UNH	WMT	JNJ	NVDA	AMGN	PG	CRM	RSG	AMZN	BA	KO	JNPR	MCD	TRV	TPR	MSFT	AAPL	IBM	NKE	CAT	DIS	SHW	MMM	HD	CSCO	JPM	GS	V	AXP	HON	Portfolio
Benchmark	1.00	-0.02	0.20	0.20	0.32	0.48	0.32	0.34	0.25	0.67	0.37	0.28	0.60	0.38	0.68	0.49	0.33	0.48	0.39	0.37	0.52	0.74	0.69	0.50	0.55	0.57	0.58	0.56	0.51	0.58	0.63	0.58	0.64	0.62	0.65	0.60	0.90
SGOV	-0.02	1.00	-0.02	0.03	-0.02	-0.01	0.02	0.07	-0.00	0.02	0.00	0.01	0.02	0.02	0.01	0.02	-0.05	0.01	0.01	-0.03	-0.02	0.00	-0.03	0.02	-0.03	-0.04	-0.02	-0.00	-0.03	-0.01	0.01	-0.00	-0.03	-0.02	-0.03	-0.03	-0.02
MRK	0.20	-0.02	1.00	0.30	0.18	-0.03	0.30	0.20	0.47	-0.04	0.44	0.37	0.03	0.28	0.03	0.08	0.33	0.13	0.26	0.28	0.07	0.07	0.12	0.21	0.17	0.17	0.11	0.25	0.21	0.19	0.16	0.16	0.14	0.23	0.14	0.25	0.27
VZ	0.20	0.03	0.30	1.00	0.24	-0.06	0.24	0.23	0.39	-0.07	0.32	0.41	0.05	0.29	-0.00	0.11	0.40	0.21	0.28	0.32	0.12	0.04	0.11	0.29	0.16	0.22	0.22	0.26	0.30	0.27	0.24	0.23	0.18	0.23	0.19	0.28	0.29
CVX	0.32	-0.02	0.18	0.24	1.00	0.06	0.20	0.12	0.18	0.08	0.16	0.09	0.11	0.19	0.06	0.28	0.21	0.26	0.16	0.35	0.28	0.08	0.14	0.31	0.22	0.47	0.29	0.10	0.28	0.20	0.25	0.40	0.37	0.22	0.38	0.34	0.40
AXON	0.48	-0.01	-0.03	-0.06	0.06	1.00	0.06	0.13	-0.03	0.44	0.10	-0.01	0.43	0.13	0.41	0.29	-0.00	0.21	0.13	0.08	0.30	0.42	0.33	0.19	0.29	0.22	0.31	0.28	0.20	0.31	0.27	0.22	0.32	0.28	0.29	0.24	0.43
UNH	0.32	0.02	0.30	0.24	0.20	0.06	1.00	0.23	0.34	0.08	0.29	0.33	0.14	0.35	0.11	0.15	0.31	0.20	0.29	0.32	0.12	0.20	0.18	0.23	0.18	0.19	0.19	0.28	0.23	0.27	0.24	0.26	0.21	0.31	0.26	0.32	0.39
WMT	0.34	0.07	0.20	0.23	0.12	0.13	0.23	1.00	0.29	0.14	0.22	0.41	0.15	0.34	0.21	0.17	0.36	0.18	0.33	0.24	0.17	0.25	0.25	0.24	0.22	0.18	0.21	0.35	0.26	0.40	0.28	0.21	0.19	0.26	0.19	0.30	0.36
JNJ	0.25	-0.00	0.47	0.39	0.18	-0.03	0.34	0.29	1.00	-0.04	0.51	0.48	0.05	0.35	0.02	0.10	0.47	0.24	0.35	0.33	0.07	0.12	0.17	0.27	0.19	0.18	0.15	0.29	0.31	0.29	0.28	0.20	0.18	0.29	0.16	0.33	0.33
NVDA	0.67	0.02	-0.04	-0.07	0.08	0.44	0.08	0.14	-0.04	1.00	0.12	-0.00	0.49	0.09	0.57	0.27	-0.00	0.26	0.12	0.02	0.31	0.62	0.50	0.19	0.29	0.29	0.31	0.30	0.17	0.29	0.38	0.27	0.35	0.32	0.33	0.24	0.49
AMGN	0.37	0.00	0.44	0.32	0.16	0.10	0.29	0.22	0.51	0.12	1.00	0.35	0.17	0.26	0.16	0.13	0.35	0.21	0.31	0.27	0.13	0.21	0.25	0.30	0.21	0.25	0.20	0.29	0.32	0.31	0.33	0.23	0.22	0.29	0.24	0.35	0.42
PG	0.28	0.01	0.37	0.41	0.09	-0.01	0.33	0.41	0.48	-0.00	0.35	1.00	0.11	0.44	0.11	0.09	0.62	0.20	0.44	0.37	0.11	0.19	0.24	0.27	0.27	0.12	0.18	0.38	0.33	0.36	0.28	0.18	0.13	0.33	0.18	0.35	0.35
CRM	0.60	0.02	0.03	0.05	0.11	0.43	0.14	0.15	0.05	0.49	0.17	0.11	1.00	0.19	0.55	0.26	0.12	0.28	0.21	0.11	0.29	0.58	0.46	0.26	0.35	0.22	0.39	0.32	0.20	0.32	0.37	0.25	0.32	0.42	0.37	0.27	0.54
RSG	0.38	0.02	0.28	0.29	0.19	0.13	0.35	0.34	0.35	0.09	0.26	0.44	0.19	1.00	0.12	0.14	0.45	0.30	0.43	0.40	0.15	0.27	0.24	0.31	0.23	0.20	0.21	0.41	0.27	0.35	0.35	0.26	0.23	0.37	0.28	0.41	0.44
AMZN	0.68	0.01	0.03	-0.00	0.06	0.41	0.11	0.21	0.02	0.57	0.16	0.11	0.55	0.12	1.00	0.29	0.09	0.24	0.19	0.07	0.28	0.66	0.56	0.21	0.38	0.24	0.39	0.34	0.24	0.37	0.38	0.26	0.33	0.38	0.36	0.28	0.54
BA	0.49	0.02	0.08	0.11	0.28	0.29	0.15	0.17	0.10	0.27	0.13	0.09	0.26	0.14	0.29	1.00	0.18	0.33	0.24	0.28	0.45	0.27	0.30	0.30	0.33	0.40	0.41	0.25	0.35	0.28	0.29	0.45	0.45	0.31	0.47	0.46	0.55
KO	0.33	-0.05	0.33	0.40	0.21	-0.00	0.31	0.36	0.47	-0.00	0.35	0.62	0.12	0.45	0.09	0.18	1.00	0.28	0.51	0.42	0.20	0.17	0.23	0.32	0.26	0.20	0.25	0.37	0.35	0.32	0.33	0.26	0.20	0.37	0.26	0.41	0.41
JNPR	0.48	0.01	0.13	0.21	0.26	0.21	0.20	0.18	0.24	0.26	0.21	0.20	0.28	0.30	0.24	0.33	0.28	1.00	0.32	0.25	0.30	0.35	0.35	0.38	0.29	0.34	0.32	0.32	0.35	0.32	0.55	0.34	0.34	0.34	0.37	0.40	0.49
MCD	0.39	0.01	0.26	0.28	0.16	0.13	0.29	0.33	0.35	0.12	0.31	0.44	0.21	0.43	0.19	0.24	0.51	0.32	1.00	0.38	0.23	0.24	0.28	0.31	0.32	0.23	0.28	0.35	0.32	0.40	0.33	0.29	0.25	0.40	0.30	0.40	0.46
TRV	0.37	-0.03	0.28	0.32	0.35	0.08	0.32	0.24	0.33	0.02	0.27	0.37	0.11	0.40	0.07	0.28	0.42	0.25	0.38	1.00	0.28	0.13	0.18	0.37	0.24	0.39	0.33	0.32	0.41	0.30	0.29	0.51	0.41	0.38	0.47	0.48	0.53
TPR	0.52	-0.02	0.07	0.12	0.28	0.30	0.12	0.17	0.07	0.31	0.13	0.11	0.29	0.15	0.28	0.45	0.20	0.30	0.23	0.28	1.00	0.26	0.29	0.34	0.49	0.48	0.46	0.32	0.43	0.41	0.34	0.49	0.52	0.33	0.51	0.41	0.57
MSFT	0.74	0.00	0.07	0.04	0.08	0.42	0.20	0.25	0.12	0.62	0.21	0.19	0.58	0.27	0.66	0.27	0.17	0.35	0.24	0.13	0.26	1.00	0.61	0.28	0.35	0.23	0.38	0.36	0.25	0.37	0.45	0.26	0.32	0.46	0.34	0.32	0.59
AAPL	0.69	-0.03	0.12	0.11	0.14	0.33	0.18	0.25	0.17	0.50	0.25	0.24	0.46	0.24	0.56	0.30	0.23	0.35	0.28	0.18	0.29	0.61	1.00	0.28	0.41	0.26	0.36	0.38	0.29	0.40	0.43	0.28	0.34	0.44	0.35	0.33	0.57
IBM	0.50	0.02	0.21	0.29	0.31	0.19	0.23	0.24	0.27	0.19	0.30	0.27	0.26	0.31	0.21	0.30	0.32	0.38	0.31	0.37	0.34	0.28	0.28	1.00	0.28	0.41	0.32	0.32	0.43	0.32	0.45	0.44	0.43	0.41	0.44	0.43	0.57
NKE	0.55	-0.03	0.17	0.16	0.22	0.29	0.18	0.22	0.19	0.29	0.21	0.27	0.35	0.23	0.38	0.33	0.26	0.29	0.32	0.24	0.49	0.35	0.41	0.28	1.00	0.35	0.47	0.40	0.39	0.48	0.37	0.37	0.38	0.43	0.42	0.45	0.57
CAT	0.57	-0.04	0.17	0.22	0.47	0.22	0.19	0.18	0.18	0.29	0.25	0.12	0.22	0.20	0.24	0.40	0.20	0.34	0.23	0.39	0.48	0.23	0.26	0.41	0.35	1.00	0.41	0.35	0.51	0.37	0.39	0.58	0.59	0.35	0.56	0.55	0.67
DIS	0.58	-0.02	0.11	0.22	0.29	0.31	0.19	0.21	0.15	0.31	0.20	0.18	0.39	0.21	0.39	0.41	0.25	0.32	0.28	0.33	0.46	0.38	0.36	0.32	0.47	0.41	1.00	0.37	0.38	0.39	0.39	0.47	0.50	0.46	0.54	0.45	0.63
SHW	0.56	-0.00	0.25	0.26	0.10	0.28	0.28	0.35	0.29	0.30	0.29	0.38	0.32	0.41	0.34	0.25	0.37	0.32	0.35	0.32	0.32	0.36	0.38	0.32	0.40	0.35	0.37	1.00	0.45	0.63	0.38	0.32	0.35	0.43	0.37	0.47	0.62
MMM	0.51	-0.03	0.21	0.30	0.28	0.20	0.23	0.26	0.31	0.17	0.32	0.33	0.20	0.27	0.24	0.35	0.35	0.35	0.32	0.41	0.43	0.25	0.29	0.43	0.39	0.51	0.38	0.45	1.00	0.47	0.41	0.47	0.47	0.37	0.48	0.59	0.61
HD	0.58	-0.01	0.19	0.27	0.20	0.31	0.27	0.40	0.29	0.29	0.31	0.36	0.32	0.35	0.37	0.28	0.32	0.32	0.40	0.30	0.41	0.37	0.40	0.32	0.48	0.37	0.39	0.63	0.47	1.00	0.41	0.35	0.40	0.42	0.39	0.46	0.63
CSCO	0.63	0.01	0.16	0.24	0.25	0.27	0.24	0.28	0.28	0.38	0.33	0.28	0.37	0.35	0.38	0.29	0.33	0.55	0.33	0.29	0.34	0.45	0.43	0.45	0.37	0.39	0.39	0.38	0.41	0.41	1.00	0.41	0.42	0.43	0.42	0.46	0.61
JPM	0.58	-0.00	0.16	0.23	0.40	0.22	0.26	0.21	0.20	0.27	0.23	0.18	0.25	0.26	0.26	0.45	0.26	0.34	0.29	0.51	0.49	0.26	0.28	0.44	0.37	0.58	0.47	0.32	0.47	0.35	0.41	1.00	0.75	0.43	0.70	0.52	0.71
GS	0.64	-0.03	0.14	0.18	0.37	0.32	0.21	0.19	0.18	0.35	0.22	0.13	0.32	0.23	0.33	0.45	0.20	0.34	0.25	0.41	0.52	0.32	0.34	0.43	0.38	0.59	0.50	0.35	0.47	0.40	0.42	0.75	1.00	0.42	0.66	0.50	0.76
V	0.62	-0.02	0.23	0.23	0.22	0.28	0.31	0.26	0.29	0.32	0.29	0.33	0.42	0.37	0.38	0.31	0.37	0.34	0.40	0.38	0.33	0.46	0.44	0.41	0.43	0.35	0.46	0.43	0.37	0.42	0.43	0.43	0.42	1.00	0.55	0.45	0.68
AXP	0.65	-0.03	0.14	0.19	0.38	0.29	0.26	0.19	0.16	0.33	0.24	0.18	0.37	0.28	0.36	0.47	0.26	0.37	0.30	0.47	0.51	0.34	0.35	0.44	0.42	0.56	0.54	0.37	0.48	0.39	0.42	0.70	0.66	0.55	1.00	0.54	0.77
HON	0.60	-0.03	0.25	0.28	0.34	0.24	0.32	0.30	0.33	0.24	0.35	0.35	0.27	0.41	0.28	0.46	0.41	0.40	0.40	0.48	0.41	0.32	0.33	0.43	0.45	0.55	0.45	0.47	0.59	0.46	0.46	0.52	0.50	0.45	0.54	1.00	0.71
Portfolio	0.90	-0.02	0.27	0.29	0.40	0.43	0.39	0.36	0.33	0.49	0.42	0.35	0.54	0.44	0.54	0.55	0.41	0.49	0.46	0.53	0.57	0.59	0.57	0.57	0.57	0.67	0.63	0.62	0.61	0.63	0.61	0.71	0.76	0.68	0.77	0.71	1.00

The correlation results are calculated based on daily price changes starting from May 29, 2020

Market Ignorance

Asset Allocation

Performance

Performance Chart

Returns By Period

Monthly Returns

Benchmark Metrics

Expense Ratio

Return for Risk

Risk / Return Rank

Return / Risk — by metrics

Sharpe ratio

Sortino ratio

Omega ratio

Calmar ratio

Martin ratio

Sharpe Ratio

Dividends

Dividend yield

Drawdowns

Drawdowns Chart

Worst Drawdowns

Volatility

Volatility Chart

Diversification

Diversification Metrics

Number of Effective Assets

Asset Correlations Table