Asset Allocation
Find the right asset allocation for 2025
Add portfolio to the optimizer to find optimal allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio OptimizerPerformance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in 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 rebalanced Every 3 months.
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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 2025 | 0.48% | 0.06% | 7.51% | 7.87% | 25.94% | 20.50% | 12.15% | — |
| Portfolio components: | ||||||||
GLD SPDR Gold Shares | 0.06% | -9.52% | -2.47% | -2.25% | 22.21% | 28.89% | 17.08% | 12.15% |
GOOGL Alphabet Inc. Class A | 0.53% | -9.30% | 15.06% | 16.44% | 106.51% | 43.10% | 24.46% | 25.76% |
SCHX Schwab U.S. Large-Cap ETF | 0.48% | -0.68% | 8.86% | 9.10% | 25.11% | 20.84% | 12.76% | 15.35% |
SPEM SPDR Portfolio Emerging Markets ETF | 0.87% | -0.13% | 11.32% | 13.11% | 27.73% | 17.37% | 5.60% | 9.63% |
SPYM State Street SPDR Portfolio S&P 500 ETF | 0.53% | -0.85% | 9.10% | 9.42% | 25.76% | 20.95% | 13.43% | 15.52% |
TLT iShares 20+ Year Treasury Bond ETF | -0.24% | 1.40% | 0.27% | 0.45% | 3.88% | -1.38% | -6.53% | -1.75% |
XLC Communication Services Select Sector SPDR Fund | -0.42% | -4.66% | -4.85% | -3.59% | 10.19% | 21.60% | 8.03% | — |
XLE State Street Energy Select Sector SPDR ETF | 0.75% | -0.90% | 29.56% | 28.37% | 34.84% | 16.18% | 20.12% | 9.91% |
XLF State Street Financial Select Sector SPDR ETF | 1.37% | 4.00% | -2.11% | -2.09% | 8.41% | 18.86% | 9.15% | 13.33% |
XLI Industrial Select Sector SPDR Fund | 0.59% | 0.96% | 13.90% | 13.10% | 25.17% | 20.87% | 12.93% | 14.15% |
Monthly Returns
Based on dividend-adjusted daily data since Jun 19, 2018, 2025's average daily return is +0.06%, while the average monthly return is +1.18%. At this rate, an investment would double in approximately 4.9 years.
Historically, 67% of months were positive and 33% were negative. The best month was Apr 2020 with a return of +11.7%, while the worst month was Mar 2020 at -11.4%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 3 months.
On a daily basis, 2025 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 Mar 16, 2020 at -9.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.52% | 0.49% | -5.30% | 8.93% | 2.69% | -1.49% | 7.51% | ||||||
| 2025 | 3.64% | -1.17% | -3.90% | -0.64% | 4.92% | 4.29% | 1.74% | 2.81% | 4.50% | 2.18% | 1.66% | 0.07% | 21.60% |
| 2024 | 0.83% | 3.83% | 3.80% | -2.81% | 4.33% | 2.39% | 1.77% | 2.10% | 2.53% | -0.54% | 5.10% | -2.42% | 22.60% |
| 2023 | 7.00% | -3.41% | 3.97% | 1.62% | 0.34% | 5.02% | 3.64% | -1.79% | -4.43% | -2.21% | 8.35% | 4.65% | 24.10% |
| 2022 | -4.08% | -2.25% | 2.66% | -9.00% | 0.41% | -7.31% | 7.24% | -3.62% | -9.10% | 5.69% | 6.20% | -5.20% | -18.49% |
| 2021 | -0.74% | 3.16% | 3.66% | 5.32% | 1.18% | 1.54% | 2.26% | 2.93% | -4.39% | 6.04% | -1.72% | 3.85% | 25.12% |
Benchmark Metrics
2025 has an annualized alpha of 2.37%, beta of 0.86, and R2 of 0.98 versus S&P 500 Index. Calculated based on daily prices since June 19, 2018.
- This portfolio participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (92.04%) than losses (87.98%) - typical of diversified or defensive assets.
- This portfolio generated an annualized alpha of 2.37% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- With beta of 0.86 and R2 of 0.98, 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
- 2.37%
- Beta
- 0.86
- R²
- 0.98
- Upside Capture
- 92.04%
- Downside Capture
- 87.98%
Expense Ratio
2025 has an expense ratio of 0.08%, 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.
Top 10 holdings
Return for Risk
Risk / Return Rank
2025 ranks 72 for risk / return — better than 72% of Portfolios on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below presents risk-adjusted performance metrics for 2025 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 | 2.28 | 1.86 | +0.42 |
| Sortino ratioReturn per unit of downside risk | 3.21 | 2.53 | +0.68 |
| Omega ratioGain probability vs. loss probability | 1.42 | 1.34 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 3.12 | 2.53 | +0.59 |
| Martin ratioReturn relative to average drawdown | 14.69 | 11.37 | +3.32 |
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 |
|---|---|---|---|---|---|---|
GLD SPDR Gold Shares | 26 | 0.87 | 1.24 | 1.18 | 0.98 | 2.81 |
GOOGL Alphabet Inc. Class A | 96 | 3.62 | 4.92 | 1.59 | 5.20 | 18.48 |
SCHX Schwab U.S. Large-Cap ETF | 64 | 1.91 | 2.58 | 1.34 | 2.63 | 11.65 |
SPEM SPDR Portfolio Emerging Markets ETF | 50 | 1.55 | 2.16 | 1.29 | 2.28 | 8.16 |
SPYM State Street SPDR Portfolio S&P 500 ETF | 67 | 2.00 | 2.70 | 1.36 | 2.75 | 12.42 |
TLT iShares 20+ Year Treasury Bond ETF | 13 | 0.30 | 0.50 | 1.06 | 0.38 | 0.92 |
XLC Communication Services Select Sector SPDR Fund | 22 | 0.69 | 1.08 | 1.12 | 0.86 | 2.73 |
XLE State Street Energy Select Sector SPDR ETF | 58 | 1.82 | 2.40 | 1.30 | 3.10 | 8.63 |
XLF State Street Financial Select Sector SPDR ETF | 15 | 0.42 | 0.67 | 1.08 | 0.42 | 1.08 |
XLI Industrial Select Sector SPDR Fund | 47 | 1.50 | 2.17 | 1.26 | 1.98 | 7.82 |
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Dividends
Dividend yield
2025 provided a 1.47% dividend yield over the last twelve months.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 1.47% | 1.44% | 1.51% | 1.54% | 1.66% | 1.29% | 1.49% | 1.75% | 1.88% | 1.48% | 3.21% | 1.74% |
| Portfolio components: | ||||||||||||
GLD SPDR Gold Shares | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GOOGL Alphabet Inc. Class A | 0.24% | 0.27% | 0.32% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SCHX Schwab U.S. Large-Cap ETF | 1.02% | 1.09% | 1.22% | 1.39% | 1.64% | 1.22% | 1.64% | 1.82% | 2.02% | 1.70% | 1.92% | 2.04% |
SPEM SPDR Portfolio Emerging Markets ETF | 2.49% | 2.77% | 2.78% | 2.80% | 3.38% | 3.14% | 1.92% | 2.94% | 2.34% | 1.12% | 1.51% | 2.40% |
SPYM State Street SPDR Portfolio S&P 500 ETF | 1.29% | 1.13% | 1.28% | 1.44% | 1.69% | 1.25% | 1.54% | 1.79% | 2.23% | 1.75% | 1.97% | 1.98% |
TLT iShares 20+ Year Treasury Bond ETF | 4.56% | 4.43% | 4.30% | 3.38% | 2.67% | 1.50% | 1.50% | 2.27% | 2.63% | 2.43% | 2.60% | 2.61% |
XLC Communication Services Select Sector SPDR Fund | 1.25% | 1.13% | 0.99% | 0.82% | 1.10% | 0.74% | 0.68% | 0.82% | 0.64% | 0.00% | 0.00% | 0.00% |
XLE State Street Energy Select Sector SPDR ETF | 2.59% | 3.28% | 3.36% | 3.55% | 3.68% | 4.21% | 5.62% | 6.72% | 3.54% | 3.03% | 2.26% | 3.39% |
XLF State Street Financial Select Sector SPDR ETF | 1.49% | 1.31% | 1.42% | 1.71% | 2.04% | 1.63% | 2.03% | 1.87% | 2.08% | 1.48% | 21.10% | 1.95% |
XLI Industrial Select Sector SPDR Fund | 1.16% | 1.29% | 1.44% | 1.63% | 1.63% | 1.25% | 1.55% | 1.94% | 2.15% | 1.77% | 2.07% | 2.15% |
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 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 2025 was 30.00%, occurring on Mar 23, 2020. Recovery took 94 trading sessions.
The current 2025 drawdown is 1.61%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -30.00%Mar 2020 | 1mo 2d | 4mo 15d | 5mo 17dFeb 2020 - Aug 2020 |
Bear market2022 | -23.90%Oct 2022 | 9mo 10d | 1y 2mo | 1y 11moJan 2022 - Dec 2023 |
Rate-hike selloffLate 2018 | -16.41%Dec 2018 | 3mo 26d | 3mo 8d | 7mo 4dAug 2018 - Apr 2019 |
2025 selloff2025 | -15.56%Apr 2025 | 1mo 17d | 2mo 17d | 4mo 4dFeb 2025 - Jun 2025 |
2020 pullback2020 | -8.81%Sep 2020 | 20d | 1mo 17d | 2mo 7dSep 2020 - Nov 2020 |
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 15 assets, with an effective number of assets of 7.10, reflecting the diversification based on asset allocation. Your portfolio is dominated by one or two holdings, which significantly increases concentration risk. Consider rebalancing toward more even weights or adding additional positions.
Diversification Ratio
1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
Diversification Ratio | 1.43 | 1.32 | 1.27 | 1.23 |
The portfolio has a diversification ratio of 1.23, in line with the typical range across portfolios. There's room to improve by adding less correlated assets.
2025 correlation to the S&P 500 Index
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.96 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.96 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.98 |
Correlation (All Time) Calculated using the full available price history since Jun 19, 2018 | 0.98 |
Benchmark Correlations
Correlation vs. S&P 500 Index. SPYM has the highest benchmark correlation at 1.00, while TLT has the lowest at -0.06.
Asset Correlations Table
Find what 2025 is missing
See which holdings overlap, where 2025 is concentrated, and which low-correlation assets could fill the gaps.
Analyze Diversification