Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
VOO Vanguard S&P 500 ETF | S&P 500 | 60% |
VMFXX Vanguard Federal Money Market Fund | Money Market | 10% |
VWOB Vanguard Emerging Markets Government Bond ETF | Emerging Markets Bonds | 10% |
VONG Vanguard Russell 1000 Growth ETF | Large Cap Growth Equities | 10% |
SCHD Schwab U.S. Dividend Equity ETF | Dividend | 10% |
Find the right asset allocation for 40/40 VOO/schd10/10 vmfxx VWOB
Add portfolio to the optimizer to find optimal allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
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Performance Chart
The chart shows the growth of an initial investment of $10,000 in 40/40 VOO/schd10/10 vmfxx VWOB, 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.
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Returns By Period
| Position | 1D | 1M | YTD | 6M | 1Y | 3Y* | 5Y* | 10Y* |
|---|---|---|---|---|---|---|---|---|
Benchmark S&P 500 Index | 0.50% | 0.31% | 8.56% | 8.85% | 24.33% | 19.37% | 11.84% | 13.61% |
Portfolio 40/40 VOO/schd10/10 vmfxx VWOB | 0.47% | 0.44% | 8.25% | 8.52% | 22.45% | 18.13% | 11.13% | — |
| Portfolio components: | ||||||||
SCHD Schwab U.S. Dividend Equity ETF | 0.89% | 3.47% | 20.66% | 19.57% | 26.72% | 14.90% | 8.75% | 12.91% |
VMFXX Vanguard Federal Money Market Fund | 0.00% | 0.30% | 1.50% | 1.82% | 3.95% | 3.35% | 2.39% | — |
VONG Vanguard Russell 1000 Growth ETF | 0.10% | -2.20% | 2.96% | 3.46% | 20.50% | 22.47% | 14.01% | 18.29% |
VOO Vanguard S&P 500 ETF | 0.55% | 0.37% | 9.08% | 9.44% | 25.76% | 20.95% | 13.43% | 15.50% |
VWOB Vanguard Emerging Markets Government Bond ETF | 0.16% | 1.34% | 2.08% | 2.45% | 10.76% | 9.31% | 2.01% | 3.62% |
Monthly Returns
Based on dividend-adjusted daily data since May 25, 2021, 40/40 VOO/schd10/10 vmfxx VWOB's average daily return is +0.05%, while the average monthly return is +0.95%. At this rate, an investment would double in approximately 6.1 years.
Historically, 65% of months were positive and 35% were negative. The best month was Apr 2026 with a return of +8.8%, while the worst month was Sep 2022 at -7.8%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 3 months.
On a daily basis, 40/40 VOO/schd10/10 vmfxx VWOB closed higher 55% of trading days. The best single day was Apr 9, 2025 with a return of +7.9%, while the worst single day was Apr 4, 2025 at -4.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.53% | -0.26% | -4.33% | 8.82% | 4.53% | -1.77% | 8.25% | ||||||
| 2025 | 2.28% | -0.85% | -4.73% | -1.05% | 5.28% | 4.49% | 2.03% | 2.07% | 2.96% | 2.03% | 0.21% | 0.05% | 15.35% |
| 2024 | 1.18% | 4.20% | 2.85% | -3.59% | 4.26% | 3.00% | 1.28% | 2.16% | 1.97% | -0.81% | 5.12% | -2.15% | 20.83% |
| 2023 | 5.17% | -2.20% | 3.00% | 1.05% | 0.27% | 5.44% | 2.97% | -1.35% | -4.17% | -1.93% | 7.94% | 4.32% | 21.68% |
| 2022 | -4.72% | -2.91% | 2.90% | -7.64% | 0.43% | -7.17% | 7.46% | -3.50% | -7.82% | 6.56% | 5.28% | -4.68% | -16.22% |
| 2021 | 0.19% | 1.95% | 1.94% | 2.46% | -4.02% | 5.58% | -0.72% | 3.90% | 11.52% |
Benchmark Metrics
40/40 VOO/schd10/10 vmfxx VWOB has an annualized alpha of 1.03%, beta of 0.84, and R2 of 1.00 versus S&P 500 Index. Calculated based on daily prices since May 25, 2021.
- This portfolio participated in 86.96% of S&P 500 Index downside but only 85.66% of its upside - more exposed to losses than it benefited from rallies.
- Alpha
- 1.03%
- Beta
- 0.84
- R²
- 1.00
- Upside Capture
- 85.66%
- Downside Capture
- 86.96%
Expense Ratio
40/40 VOO/schd10/10 vmfxx VWOB has an expense ratio of 0.06%, 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
40/40 VOO/schd10/10 vmfxx VWOB ranks 59 for risk / return — on par with similar Portfolios. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below presents risk-adjusted performance metrics for 40/40 VOO/schd10/10 vmfxx VWOB and compares them with S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| Portfolio | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | 2.05 | 1.86 | +0.19 |
| Sortino ratioReturn per unit of downside risk | 2.80 | 2.53 | +0.26 |
| Omega ratioGain probability vs. loss probability | 1.38 | 1.34 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.92 | 2.53 | +0.38 |
| Martin ratioReturn relative to average drawdown | 13.28 | 11.37 | +1.91 |
How much return does each position deliver for the risk it carries? Higher values mean better reward for the risk taken.
| Position | Risk / Return Rank | Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio |
|---|---|---|---|---|---|---|
SCHD Schwab U.S. Dividend Equity ETF | 86 | 2.41 | 3.72 | 1.43 | 5.70 | 13.97 |
VMFXX Vanguard Federal Money Market Fund | — | 3.67 | — | — | — | — |
VONG Vanguard Russell 1000 Growth ETF | 33 | 1.20 | 1.67 | 1.21 | 1.17 | 3.87 |
VOO Vanguard S&P 500 ETF | 67 | 1.99 | 2.70 | 1.36 | 2.75 | 12.42 |
VWOB Vanguard Emerging Markets Government Bond ETF | 64 | 1.96 | 2.85 | 1.38 | 2.29 | 9.66 |
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Dividends
Dividend yield
40/40 VOO/schd10/10 vmfxx VWOB provided a 1.96% dividend yield over the last twelve months.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 1.96% | 2.11% | 1.94% | 2.30% | 1.98% | 1.49% | 1.74% | 1.99% | 2.11% | 1.91% | 2.12% | 2.20% |
| Portfolio components: | ||||||||||||
SCHD Schwab U.S. Dividend Equity ETF | 3.22% | 3.82% | 3.64% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% |
VMFXX Vanguard Federal Money Market Fund | 3.87% | 4.14% | 1.63% | 4.53% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VONG Vanguard Russell 1000 Growth ETF | 0.44% | 0.45% | 0.55% | 0.71% | 0.98% | 0.58% | 0.77% | 1.03% | 1.18% | 1.19% | 1.48% | 1.47% |
VOO Vanguard S&P 500 ETF | 1.05% | 1.13% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% |
VWOB Vanguard Emerging Markets Government Bond ETF | 5.82% | 5.92% | 6.08% | 5.50% | 5.30% | 4.04% | 4.18% | 4.58% | 4.52% | 4.61% | 4.71% | 4.93% |
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 40/40 VOO/schd10/10 vmfxx VWOB. 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 40/40 VOO/schd10/10 vmfxx VWOB was 22.11%, occurring on Oct 12, 2022. Recovery took 294 trading sessions.
The current 40/40 VOO/schd10/10 vmfxx VWOB drawdown is 2.04%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -22.11%Oct 2022 | 9mo 16d | 1y 2mo | 1y 11moDec 2021 - Dec 2023 |
2025 selloff2025 | -16.14%Apr 2025 | 1mo 17d | 2mo 19d | 4mo 6dFeb 2025 - Jun 2025 |
2026 pullback2026 | -7.34%Mar 2026 | 1mo 18d | 15d | 2mo 3dFeb 2026 - Apr 2026 |
2024 pullback2024 | -7.07%Aug 2024 | 19d | 25d | 1mo 14dJul 2024 - Aug 2024 |
2024 pullback2024 | -4.68%Apr 2024 | 22d | 26d | 1mo 18dMar 2024 - May 2024 |
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 5 assets, with an effective number of assets of 2.50, reflecting the diversification based on asset allocation. Your allocation shows noticeable concentration: a few holdings carry significantly more weight than the rest. Rebalancing toward more even weights — or adding less correlated assets — could reduce risk.
Diversification Ratio
1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
Diversification Ratio | 1.10 | 1.07 | 1.06 | 1.06 |
The portfolio has a diversification ratio of 1.06, placing it in the bottom quartile across portfolios — positions are highly correlated. Consider adding assets from different classes or sectors to reduce risk.
40/40 VOO/schd10/10 vmfxx VWOB correlation to the S&P 500 Index
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 1.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 1.00 |
Correlation (5Y) Calculated over the trailing 5-year period | 1.00 |
Correlation (All Time) Calculated using the full available price history since May 25, 2021 | 1.00 |
Benchmark Correlations
Correlation vs. S&P 500 Index. VOO has the highest benchmark correlation at 1.00, while VMFXX has the lowest at 0.04.
Asset Correlations Table
Find what 40/40 VOO/schd10/10 vmfxx VWOB is missing
See which holdings overlap, where 40/40 VOO/schd10/10 vmfxx VWOB is concentrated, and which low-correlation assets could fill the gaps.
Analyze Diversification