All World minus Small Cap Growth (BTC/GOLD added)
Asset Allocation
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in All World minus Small Cap Growth (BTC/GOLD added), 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 Sep 30, 2021, corresponding to the inception date of AVES
Returns By Period
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | -10.18% | -6.71% | -9.92% | 6.35% | 13.40% | 9.65% |
| All World minus Small Cap Growth (BTC/GOLD added) | -4.63% | -4.34% | -4.53% | 8.72% | N/A | N/A |
| Portfolio components: | ||||||
BTC-USD Bitcoin | -9.61% | 0.34% | 23.53% | 32.28% | 65.16% | 80.21% |
SPLG SPDR Portfolio S&P 500 ETF | -9.89% | -6.67% | -9.34% | 7.74% | 15.13% | 11.56% |
VEA Vanguard FTSE Developed Markets ETF | 6.62% | -3.03% | -0.16% | 9.43% | 11.39% | 5.16% |
AVUV Avantis U.S. Small Cap Value ETF | -16.34% | -8.72% | -17.40% | -7.08% | 21.68% | N/A |
AVDV Avantis International Small Cap Value ETF | 7.56% | -1.85% | 3.39% | 14.09% | 16.18% | N/A |
GLDM SPDR Gold MiniShares Trust | 26.52% | 9.07% | 22.04% | 38.92% | 14.28% | N/A |
AVES Avantis Emerging Markets Value ETF | -0.37% | -4.52% | -7.79% | 2.88% | N/A | N/A |
Monthly Returns
The table below presents the monthly returns of All World minus Small Cap Growth (BTC/GOLD added), 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 | 3.34% | -2.45% | -2.37% | -3.09% | -4.63% | ||||||||
| 2024 | -0.57% | 5.28% | 4.91% | -4.07% | 5.07% | -0.21% | 3.85% | 0.44% | 2.35% | -1.32% | 6.53% | -3.63% | 19.46% |
| 2023 | 8.56% | -2.74% | 1.32% | 1.17% | -2.25% | 6.34% | 4.42% | -3.10% | -3.59% | -1.69% | 8.28% | 6.50% | 24.42% |
| 2022 | -4.41% | -0.54% | 2.11% | -7.40% | 0.53% | -10.26% | 7.27% | -4.01% | -9.33% | 7.76% | 7.55% | -4.17% | -15.91% |
| 2021 | 6.10% | -2.70% | 2.94% | 6.27% |
Expense Ratio
All World minus Small Cap Growth (BTC/GOLD added) has an expense ratio of 0.14%, 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
The current rank of All World minus Small Cap Growth (BTC/GOLD added) is 34, indicating average performance compared to other portfolios on our website. Here’s 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 | |
|---|---|---|---|---|---|
BTC-USD Bitcoin | 1.20 | 1.85 | 1.19 | 0.90 | 5.47 |
SPLG SPDR Portfolio S&P 500 ETF | -0.01 | 0.13 | 1.02 | 0.32 | -0.06 |
VEA Vanguard FTSE Developed Markets ETF | 0.49 | 0.83 | 1.11 | 0.13 | 1.73 |
AVUV Avantis U.S. Small Cap Value ETF | -0.54 | -0.65 | 0.91 | -0.24 | -1.39 |
AVDV Avantis International Small Cap Value ETF | 0.88 | 1.34 | 1.20 | 0.31 | 3.74 |
GLDM SPDR Gold MiniShares Trust | 3.53 | 4.63 | 1.62 | 2.88 | 18.97 |
AVES Avantis Emerging Markets Value ETF | -0.07 | 0.04 | 1.01 | 0.19 | -0.16 |
Dividends
Dividend yield
All World minus Small Cap Growth (BTC/GOLD added) provided a 2.16% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 2.16% | 2.11% | 2.04% | 2.06% | 1.52% | 1.29% | 1.29% | 1.41% | 1.13% | 1.26% | 1.24% | 1.31% |
| Portfolio components: | ||||||||||||
BTC-USD Bitcoin | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPLG SPDR Portfolio S&P 500 ETF | 1.45% | 1.28% | 1.44% | 1.69% | 1.25% | 1.54% | 1.79% | 2.23% | 1.75% | 1.97% | 1.98% | 1.79% |
VEA Vanguard FTSE Developed Markets ETF | 3.07% | 3.36% | 3.16% | 2.91% | 3.16% | 2.04% | 3.04% | 3.35% | 2.77% | 3.05% | 2.92% | 3.68% |
AVUV Avantis U.S. Small Cap Value ETF | 1.98% | 1.61% | 1.65% | 1.74% | 1.28% | 1.21% | 0.38% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
AVDV Avantis International Small Cap Value ETF | 4.01% | 4.31% | 3.29% | 3.17% | 2.39% | 1.67% | 0.36% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GLDM SPDR Gold MiniShares 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% |
AVES Avantis Emerging Markets Value ETF | 4.10% | 4.09% | 3.96% | 3.70% | 0.62% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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 All World minus Small Cap Growth (BTC/GOLD added). 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 All World minus Small Cap Growth (BTC/GOLD added) was 26.55%, occurring on Oct 2, 2022. Recovery took 438 trading sessions.
The current All World minus Small Cap Growth (BTC/GOLD added) drawdown is 8.50%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -26.55% | Nov 9, 2021 | 328 | Oct 2, 2022 | 438 | Dec 14, 2023 | 766 |
| -16.1% | Feb 19, 2025 | 49 | Apr 8, 2025 | — | — | — |
| -8.58% | Jul 17, 2024 | 20 | Aug 5, 2024 | 45 | Sep 19, 2024 | 65 |
| -5.26% | Dec 12, 2024 | 32 | Jan 12, 2025 | 37 | Feb 18, 2025 | 69 |
| -4.73% | Apr 1, 2024 | 17 | Apr 17, 2024 | 27 | May 14, 2024 | 44 |
Volatility
Volatility Chart
The current All World minus Small Cap Growth (BTC/GOLD added) volatility is 11.47%, 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
| GLDM | BTC-USD | AVUV | SPLG | AVES | AVDV | VEA | |
|---|---|---|---|---|---|---|---|
| GLDM | 1.00 | 0.11 | 0.15 | 0.12 | 0.35 | 0.35 | 0.31 |
| BTC-USD | 0.11 | 1.00 | 0.30 | 0.31 | 0.28 | 0.28 | 0.30 |
| AVUV | 0.15 | 0.30 | 1.00 | 0.70 | 0.56 | 0.70 | 0.69 |
| SPLG | 0.12 | 0.31 | 0.70 | 1.00 | 0.59 | 0.65 | 0.73 |
| AVES | 0.35 | 0.28 | 0.56 | 0.59 | 1.00 | 0.74 | 0.76 |
| AVDV | 0.35 | 0.28 | 0.70 | 0.65 | 0.74 | 1.00 | 0.91 |
| VEA | 0.31 | 0.30 | 0.69 | 0.73 | 0.76 | 0.91 | 1.00 |