Asset Allocation
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in 8.22.25-NEW TEST JL, 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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The earliest data available for this chart is Sep 13, 2023, corresponding to the inception date of SHLD
Returns By Period
| 1D | 1M | YTD | 6M | 1Y | 3Y* | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|---|---|
Benchmark S&P 500 Index | 0.11% | -3.43% | -3.84% | -1.98% | 16.08% | 16.86% | 10.37% | 12.29% |
Portfolio 8.22.25-NEW TEST JL | -0.02% | -2.62% | 2.96% | 6.31% | 34.12% | — | — | — |
| Portfolio components: | ||||||||
IVV iShares Core S&P 500 ETF | 0.14% | -3.32% | -3.54% | -1.40% | 17.62% | 18.49% | 11.96% | 14.16% |
SPMO Invesco S&P 500 Momentum ETF | 0.21% | -3.49% | -3.57% | -4.50% | 22.96% | 28.37% | 17.71% | 17.43% |
SMH VanEck Semiconductor ETF | 0.09% | 0.32% | 8.94% | 16.35% | 83.82% | 44.85% | 26.17% | 31.69% |
VYMI Vanguard International High Dividend Yield ETF | -0.11% | -0.87% | 6.26% | 13.90% | 33.42% | 20.17% | 12.59% | 10.36% |
BRK-B Berkshire Hathaway Inc. | -0.24% | -0.83% | -5.03% | -3.74% | -11.23% | 15.44% | 13.08% | 12.79% |
SHLD Global X Defense Tech ETF | 0.65% | -3.69% | 14.15% | 4.83% | 57.51% | — | — | — |
VYM Vanguard High Dividend Yield ETF | 0.11% | -2.81% | 3.80% | 6.43% | 17.34% | 14.92% | 11.04% | 11.27% |
VTI Vanguard Total Stock Market ETF | 0.16% | -3.26% | -3.13% | -1.24% | 17.86% | 18.10% | 10.66% | 13.75% |
VGT Vanguard Information Technology ETF | 0.85% | -1.42% | -5.36% | -5.79% | 29.79% | 23.50% | 15.02% | 21.67% |
VT Vanguard Total World Stock ETF | -0.23% | -3.01% | -0.97% | 1.52% | 21.33% | 16.97% | 9.38% | 11.66% |
Monthly Returns
Based on dividend-adjusted daily data since Sep 14, 2023, 8.22.25-NEW TEST JL's average daily return is +0.10%, while the average monthly return is +1.95%. At this rate, your investment would double in approximately 3.0 years.
Historically, 78% of months were positive and 22% were negative. The best month was Nov 2023 with a return of +8.3%, while the worst month was Mar 2026 at -5.8%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 2 months.
On a daily basis, 8.22.25-NEW TEST JL closed higher 57% of trading days. The best single day was Apr 9, 2025 with a return of +8.4%, while the worst single day was Apr 4, 2025 at -5.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 5.55% | 2.34% | -5.81% | 1.19% | 2.96% | ||||||||
| 2025 | 3.38% | 0.94% | -1.05% | 1.86% | 5.67% | 5.46% | 1.57% | 3.56% | 5.75% | 1.98% | 0.30% | 1.73% | 35.68% |
| 2024 | 1.06% | 4.82% | 4.33% | -2.79% | 5.31% | 0.97% | 2.49% | 2.01% | 1.98% | -1.10% | 3.30% | -3.43% | 20.16% |
| 2023 | -2.72% | -1.49% | 8.28% | 5.08% | 9.04% |
Benchmark Metrics
8.22.25-NEW TEST JL has an annualized alpha of 11.27%, beta of 0.86, and R² of 0.86 versus S&P 500 Index. Calculated based on daily prices since September 14, 2023.
- This portfolio captured 109.51% of S&P 500 Index gains but only 45.75% of its losses — a favorable profile for investors.
- This portfolio generated an annualized alpha of 11.27% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
- With beta of 0.86 and R² of 0.86, 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
- 11.27%
- Beta
- 0.86
- R²
- 0.86
- Upside Capture
- 109.51%
- Downside Capture
- 45.75%
Expense Ratio
8.22.25-NEW TEST JL has an expense ratio of 0.20%, 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
8.22.25-NEW TEST JL ranks 90 for risk / return — in the top 90% of portfolios on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
| Portfolio | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.01 | 0.88 | +1.13 |
Sortino ratioReturn per unit of downside risk | 2.79 | 1.37 | +1.43 |
Omega ratioGain probability vs. loss probability | 1.43 | 1.21 | +0.22 |
Calmar ratioReturn relative to maximum drawdown | 3.28 | 1.39 | +1.89 |
Martin ratioReturn relative to average drawdown | 15.15 | 6.43 | +8.71 |
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 | |
|---|---|---|---|---|---|---|
IVV iShares Core S&P 500 ETF | 54 | 0.97 | 1.48 | 1.23 | 1.52 | 7.13 |
SPMO Invesco S&P 500 Momentum ETF | 58 | 1.01 | 1.55 | 1.23 | 1.91 | 6.68 |
SMH VanEck Semiconductor ETF | 94 | 2.28 | 2.89 | 1.41 | 5.34 | 18.94 |
VYMI Vanguard International High Dividend Yield ETF | 90 | 2.11 | 2.79 | 1.44 | 3.04 | 12.35 |
BRK-B Berkshire Hathaway Inc. | 15 | -0.62 | -0.73 | 0.90 | -0.70 | -1.19 |
SHLD Global X Defense Tech ETF | 90 | 2.26 | 2.92 | 1.39 | 3.83 | 11.11 |
VYM Vanguard High Dividend Yield ETF | 60 | 1.15 | 1.65 | 1.25 | 1.59 | 6.96 |
VTI Vanguard Total Stock Market ETF | 54 | 0.94 | 1.47 | 1.22 | 1.53 | 7.16 |
VGT Vanguard Information Technology ETF | 58 | 1.10 | 1.67 | 1.23 | 1.88 | 5.72 |
VT Vanguard Total World Stock ETF | 68 | 1.24 | 1.83 | 1.27 | 1.86 | 8.47 |
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Dividends
Dividend yield
8.22.25-NEW TEST JL provided a 1.81% dividend yield over the last twelve months.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 1.81% | 1.83% | 2.08% | 2.10% | 2.24% | 1.67% | 1.66% | 2.14% | 2.28% | 1.68% | 1.60% | 1.43% |
| Portfolio components: | ||||||||||||
IVV iShares Core S&P 500 ETF | 1.22% | 1.17% | 1.30% | 1.44% | 1.66% | 1.20% | 1.57% | 1.85% | 2.21% | 1.75% | 2.01% | 2.27% |
SPMO Invesco S&P 500 Momentum ETF | 0.88% | 0.73% | 0.48% | 1.63% | 1.66% | 0.52% | 1.27% | 1.39% | 1.05% | 0.77% | 1.94% | 0.36% |
SMH VanEck Semiconductor ETF | 0.28% | 0.31% | 0.44% | 0.60% | 1.18% | 0.51% | 0.69% | 1.50% | 1.88% | 1.43% | 0.80% | 2.14% |
VYMI Vanguard International High Dividend Yield ETF | 3.61% | 3.68% | 4.84% | 4.58% | 4.70% | 4.30% | 3.22% | 4.20% | 4.29% | 3.21% | 2.39% | 0.00% |
BRK-B Berkshire Hathaway Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SHLD Global X Defense Tech ETF | 0.48% | 0.55% | 0.53% | 0.26% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VYM Vanguard High Dividend Yield ETF | 2.37% | 2.44% | 2.74% | 3.12% | 3.01% | 2.76% | 3.18% | 3.03% | 3.40% | 2.80% | 2.91% | 3.22% |
VTI Vanguard Total Stock Market ETF | 1.16% | 1.12% | 1.27% | 1.44% | 1.66% | 1.21% | 1.42% | 1.78% | 2.04% | 1.71% | 1.92% | 1.98% |
VGT Vanguard Information Technology ETF | 0.43% | 0.40% | 0.60% | 0.65% | 0.91% | 0.64% | 0.82% | 1.11% | 1.29% | 0.99% | 1.31% | 1.28% |
VT Vanguard Total World Stock ETF | 1.80% | 1.82% | 1.95% | 2.08% | 2.20% | 1.82% | 1.66% | 2.32% | 2.53% | 2.11% | 2.39% | 2.45% |
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 8.22.25-NEW TEST JL. 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 8.22.25-NEW TEST JL was 13.02%, occurring on Apr 8, 2025. Recovery took 22 trading sessions.
The current 8.22.25-NEW TEST JL drawdown is 5.14%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -13.02% | Feb 19, 2025 | 35 | Apr 8, 2025 | 22 | May 9, 2025 | 57 |
| -9.17% | Feb 26, 2026 | 23 | Mar 30, 2026 | — | — | — |
| -8.34% | Jul 17, 2024 | 14 | Aug 5, 2024 | 32 | Sep 19, 2024 | 46 |
| -6.25% | Sep 15, 2023 | 31 | Oct 27, 2023 | 12 | Nov 14, 2023 | 43 |
| -4.84% | Oct 21, 2025 | 23 | Nov 20, 2025 | 8 | Dec 3, 2025 | 31 |
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 14.81, 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
| Benchmark | GLD | BRK-B | SHLD | YLD | XME | SMH | FIDI | VYMI | VYM | VGT | SPMO | VXUS | IVV | VTI | VT | Portfolio | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Benchmark | 1.00 | 0.10 | 0.36 | 0.47 | 0.54 | 0.56 | 0.78 | 0.57 | 0.61 | 0.74 | 0.90 | 0.90 | 0.73 | 1.00 | 0.99 | 0.95 | 0.90 |
| GLD | 0.10 | 1.00 | -0.01 | 0.24 | 0.16 | 0.43 | 0.09 | 0.32 | 0.34 | 0.15 | 0.07 | 0.06 | 0.34 | 0.11 | 0.12 | 0.20 | 0.34 |
| BRK-B | 0.36 | -0.01 | 1.00 | 0.20 | 0.26 | 0.18 | 0.05 | 0.38 | 0.38 | 0.56 | 0.13 | 0.25 | 0.32 | 0.37 | 0.37 | 0.37 | 0.33 |
| SHLD | 0.47 | 0.24 | 0.20 | 1.00 | 0.36 | 0.45 | 0.33 | 0.41 | 0.44 | 0.47 | 0.41 | 0.46 | 0.47 | 0.47 | 0.49 | 0.51 | 0.59 |
| YLD | 0.54 | 0.16 | 0.26 | 0.36 | 1.00 | 0.38 | 0.40 | 0.50 | 0.52 | 0.52 | 0.45 | 0.46 | 0.56 | 0.54 | 0.56 | 0.59 | 0.58 |
| XME | 0.56 | 0.43 | 0.18 | 0.45 | 0.38 | 1.00 | 0.49 | 0.57 | 0.59 | 0.59 | 0.50 | 0.50 | 0.63 | 0.56 | 0.59 | 0.64 | 0.75 |
| SMH | 0.78 | 0.09 | 0.05 | 0.33 | 0.40 | 0.49 | 1.00 | 0.41 | 0.45 | 0.47 | 0.90 | 0.81 | 0.61 | 0.78 | 0.77 | 0.76 | 0.79 |
| FIDI | 0.57 | 0.32 | 0.38 | 0.41 | 0.50 | 0.57 | 0.41 | 1.00 | 0.95 | 0.65 | 0.42 | 0.45 | 0.89 | 0.57 | 0.59 | 0.74 | 0.73 |
| VYMI | 0.61 | 0.34 | 0.38 | 0.44 | 0.52 | 0.59 | 0.45 | 0.95 | 1.00 | 0.68 | 0.47 | 0.50 | 0.94 | 0.62 | 0.64 | 0.78 | 0.78 |
| VYM | 0.74 | 0.15 | 0.56 | 0.47 | 0.52 | 0.59 | 0.47 | 0.65 | 0.68 | 1.00 | 0.52 | 0.60 | 0.68 | 0.75 | 0.78 | 0.79 | 0.76 |
| VGT | 0.90 | 0.07 | 0.13 | 0.41 | 0.45 | 0.50 | 0.90 | 0.42 | 0.47 | 0.52 | 1.00 | 0.89 | 0.63 | 0.90 | 0.89 | 0.84 | 0.83 |
| SPMO | 0.90 | 0.06 | 0.25 | 0.46 | 0.46 | 0.50 | 0.81 | 0.45 | 0.50 | 0.60 | 0.89 | 1.00 | 0.62 | 0.90 | 0.89 | 0.84 | 0.83 |
| VXUS | 0.73 | 0.34 | 0.32 | 0.47 | 0.56 | 0.63 | 0.61 | 0.89 | 0.94 | 0.68 | 0.63 | 0.62 | 1.00 | 0.73 | 0.75 | 0.89 | 0.87 |
| IVV | 1.00 | 0.11 | 0.37 | 0.47 | 0.54 | 0.56 | 0.78 | 0.57 | 0.62 | 0.75 | 0.90 | 0.90 | 0.73 | 1.00 | 0.99 | 0.95 | 0.90 |
| VTI | 0.99 | 0.12 | 0.37 | 0.49 | 0.56 | 0.59 | 0.77 | 0.59 | 0.64 | 0.78 | 0.89 | 0.89 | 0.75 | 0.99 | 1.00 | 0.96 | 0.91 |
| VT | 0.95 | 0.20 | 0.37 | 0.51 | 0.59 | 0.64 | 0.76 | 0.74 | 0.78 | 0.79 | 0.84 | 0.84 | 0.89 | 0.95 | 0.96 | 1.00 | 0.96 |
| Portfolio | 0.90 | 0.34 | 0.33 | 0.59 | 0.58 | 0.75 | 0.79 | 0.73 | 0.78 | 0.76 | 0.83 | 0.83 | 0.87 | 0.90 | 0.91 | 0.96 | 1.00 |