2023

The chart shows the growth of an initial investment of $10,000 in 2023, 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.

Based on dividend-adjusted daily data since Sep 10, 2021, 2023's average daily return is +0.02%, while the average monthly return is +0.46%. At this rate, your investment would double in approximately 12.6 years.

Historically, 54% of months were positive and 46% were negative. The best month was Jan 2023 with a return of +10.8%, while the worst month was Aug 2024 at -22.7%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 5 months.

On a daily basis, 2023 closed higher 53% of trading days. The best single day was Nov 10, 2022 with a return of +7.5%, while the worst single day was Aug 2, 2024 at -24.7%.

2023 has an annualized alpha of -3.99%, beta of 1.03, and R² of 0.56 versus S&P 500 Index. Calculated based on daily prices since September 10, 2021.

• This portfolio participated in 101.81% of S&P 500 Index downside but only 78.85% of its upside — more exposed to losses than it benefited from rallies.
• This portfolio had an annualized alpha of -3.99% versus S&P 500 Index — delivering less than market exposure alone would predict.
• With beta of 1.03 and R² of 0.56, this portfolio moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

2023 has an expense ratio of 0.10%, 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.

2023 ranks 79 for risk / return — better than 79% 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.

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.

2023 Sharpe ratios as of Apr 4, 2026 (values are recalculated daily):

• 1-Year: 1.76
• All Time: 0.12

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 0.99 to 1.69, this portfolio's current Sharpe ratio is in the top 25%. This signifies superior risk-adjusted performance, meaning the portfolio is delivering strong returns for the level of risk taken compared to most others.

The chart below shows the rolling Sharpe ratio of 2023 compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.

2023 provided a 1.79% dividend yield over the last twelve months.

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.

The table below displays the maximum drawdowns of the 2023. 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 2023 was 37.23%, occurring on Oct 14, 2022. Recovery took 351 trading sessions.

The current 2023 drawdown is 5.89%.

The chart below shows the rolling one-month volatility.