Asset Allocation
Find the right asset allocation for Monthly
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 Monthly, 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
As of Jun 20, 2026, the Monthly returned 11.23% Year-To-Date and 17.09% of annualized return in the last 10 years.
| Position | 1D | 1M | YTD | 6M | 1Y | 3Y* | 5Y* | 10Y* |
|---|---|---|---|---|---|---|---|---|
Benchmark S&P 500 Index | 0.00% | -0.71% | 8.39% | 8.57% | 24.33% | 18.94% | 12.24% | 13.54% |
Portfolio Monthly | 1.16% | -0.25% | 11.23% | 11.23% | 28.07% | 21.57% | 14.15% | 17.09% |
| Portfolio components: | ||||||||
QQQ Invesco QQQ ETF | 2.51% | 3.65% | 20.71% | 20.33% | 41.26% | 27.01% | 17.37% | 22.17% |
SCHA Schwab U.S. Small-Cap ETF | 2.21% | 6.09% | 23.72% | 21.76% | 44.64% | 19.06% | 8.37% | 11.55% |
SCHD Schwab U.S. Dividend Equity ETF | -0.22% | -1.21% | 17.13% | 17.00% | 23.94% | 13.38% | 9.07% | 12.48% |
SCHG Schwab U.S. Large-Cap Growth ETF | 1.32% | -1.17% | 4.05% | 4.02% | 22.40% | 22.88% | 14.43% | 18.65% |
SPY State Street SPDR S&P 500 ETF | 1.04% | 0.80% | 10.09% | 10.30% | 27.05% | 20.82% | 14.00% | 15.48% |
VGT Vanguard Information Technology ETF | 2.66% | 4.85% | 27.53% | 27.24% | 53.46% | 30.51% | 20.91% | 25.56% |
VSS Vanguard FTSE All-World ex-US Small-Cap ETF | 0.37% | -0.21% | 10.52% | 11.69% | 26.64% | 15.61% | 6.43% | 8.20% |
Monthly Returns
Based on dividend-adjusted daily data since Oct 20, 2011, Monthly's average daily return is +0.07%, while the average monthly return is +1.35%. At this rate, an investment would double in approximately 4.3 years.
Historically, 68% of months were positive and 32% were negative. The best month was Apr 2020 with a return of +13.6%, while the worst month was Mar 2020 at -11.6%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 3 months.
On a daily basis, Monthly closed higher 55% of trading days. The best single day was Apr 9, 2025 with a return of +10.4%, while the worst single day was Mar 16, 2020 at -11.6%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.38% | -0.77% | -4.49% | 11.15% | 6.13% | -1.87% | 11.23% | ||||||
| 2025 | 2.14% | -1.91% | -6.01% | -0.83% | 6.69% | 5.39% | 2.42% | 2.16% | 3.45% | 2.75% | -0.39% | -0.06% | 16.27% |
| 2024 | 1.61% | 5.25% | 2.83% | -4.20% | 5.15% | 4.45% | 1.09% | 1.95% | 2.11% | -0.60% | 6.23% | -1.87% | 26.18% |
| 2023 | 7.43% | -1.90% | 5.07% | 0.94% | 2.56% | 6.41% | 3.57% | -1.46% | -4.98% | -2.27% | 9.73% | 4.98% | 33.17% |
| 2022 | -6.55% | -3.22% | 3.87% | -10.03% | -0.41% | -8.23% | 10.07% | -4.38% | -9.48% | 7.07% | 5.24% | -6.46% | -22.42% |
| 2021 | -0.71% | 2.32% | 3.80% | 5.62% | 0.03% | 3.63% | 2.43% | 3.22% | -4.85% | 7.30% | -0.35% | 3.52% | 28.56% |
Benchmark Metrics
Monthly has an annualized alpha of 2.53%, beta of 1.03, and R2 of 0.99 versus S&P 500 Index. Calculated based on daily prices since October 20, 2011.
- This portfolio captured 110.40% of S&P 500 Index gains but only 96.63% of its losses - a favorable profile for investors.
- This portfolio generated an annualized alpha of 2.53% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- With beta of 1.03 and R2 of 0.99, 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
- 2.53%
- Beta
- 1.03
- R²
- 0.99
- Upside Capture
- 110.40%
- Downside Capture
- 96.63%
Expense Ratio
Monthly has an expense ratio of 0.07%, 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
Monthly ranks 52 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 Monthly 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 | 2.15 | 1.94 | +0.20 |
| Sortino ratioReturn per unit of downside risk | 2.88 | 2.65 | +0.23 |
| Omega ratioGain probability vs. loss probability | 1.39 | 1.35 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.20 | 2.66 | +0.55 |
| Martin ratioReturn relative to average drawdown | 13.61 | 11.86 | +1.75 |
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 |
|---|---|---|---|---|---|---|
QQQ Invesco QQQ ETF | 71 | 2.32 | 3.01 | 1.41 | 3.42 | 12.72 |
SCHA Schwab U.S. Small-Cap ETF | 80 | 2.40 | 3.31 | 1.40 | 4.71 | 17.27 |
SCHD Schwab U.S. Dividend Equity ETF | 76 | 2.20 | 3.36 | 1.39 | 5.27 | 12.86 |
SCHG Schwab U.S. Large-Cap Growth ETF | 34 | 1.35 | 1.86 | 1.24 | 1.33 | 4.37 |
SPY State Street SPDR S&P 500 ETF | 69 | 2.17 | 2.92 | 1.39 | 3.02 | 13.61 |
VGT Vanguard Information Technology ETF | 67 | 2.37 | 2.94 | 1.39 | 3.24 | 9.93 |
VSS Vanguard FTSE All-World ex-US Small-Cap ETF | 48 | 1.65 | 2.27 | 1.31 | 2.21 | 8.27 |
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Dividends
Dividend yield
Monthly provided a 1.09% dividend yield over the last twelve months.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 1.09% | 1.20% | 1.25% | 1.33% | 1.45% | 1.12% | 1.33% | 1.53% | 1.83% | 1.56% | 1.73% | 1.81% |
| Portfolio components: | ||||||||||||
QQQ Invesco QQQ ETF | 0.38% | 0.45% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% |
SCHA Schwab U.S. Small-Cap ETF | 0.97% | 1.26% | 1.51% | 1.42% | 1.37% | 1.19% | 1.05% | 1.39% | 1.58% | 1.24% | 1.50% | 1.48% |
SCHD Schwab U.S. Dividend Equity ETF | 3.31% | 3.82% | 3.64% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% |
SCHG Schwab U.S. Large-Cap Growth ETF | 0.37% | 0.36% | 0.39% | 0.46% | 0.55% | 0.42% | 0.52% | 0.82% | 1.27% | 1.01% | 1.04% | 1.22% |
SPY State Street SPDR S&P 500 ETF | 1.01% | 1.07% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% |
VGT Vanguard Information Technology ETF | 0.32% | 0.40% | 0.60% | 0.65% | 0.91% | 0.64% | 0.82% | 1.11% | 1.29% | 0.99% | 1.31% | 1.28% |
VSS Vanguard FTSE All-World ex-US Small-Cap ETF | 3.16% | 3.39% | 3.44% | 3.14% | 2.30% | 2.74% | 1.90% | 3.25% | 2.80% | 2.83% | 2.93% | 2.66% |
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 Monthly. 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 Monthly was 32.90%, occurring on Mar 23, 2020. Recovery took 82 trading sessions.
The current Monthly drawdown is 2.23%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -32.90%Mar 2020 | 1mo 2d | 3mo 29d | 5mo 1dFeb 2020 - Jul 2020 |
Bear market2022 | -27.49%Oct 2022 | 9mo 18d | 1y 2mo | 1y 11moDec 2021 - Dec 2023 |
Rate-hike selloffLate 2018 | -20.04%Dec 2018 | 3mo 4d | 3mo 12d | 6mo 16dSep 2018 - Apr 2019 |
2025 selloff2025 | -19.94%Apr 2025 | 1mo 17d | 2mo 20d | 4mo 7dFeb 2025 - Jun 2025 |
2016 correction2016 | -13.80%Feb 2016 | 6mo 25d | 3mo 26d | 10mo 21dJul 2015 - Jun 2016 |
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 7 assets, with an effective number of assets of 3.48, 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 | 10Y | All Time | |
|---|---|---|---|---|---|
Diversification Ratio | 1.11 | 1.07 | 1.05 | 1.04 | 1.04 |
The portfolio has a diversification ratio of 1.04, placing it in the bottom quartile across portfolios — positions are highly correlated. Consider adding assets from different classes or sectors to reduce risk.
Monthly correlation to the S&P 500 Index
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.99 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.99 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.99 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.99 |
Correlation (All Time) Calculated using the full available price history since Oct 20, 2011 | 0.99 |
Benchmark Correlations
Correlation vs. S&P 500 Index. SPY has the highest benchmark correlation at 1.00, while VSS has the lowest at 0.78.
Asset Correlations Table
Find what Monthly is missing
See which holdings overlap, where Monthly is concentrated, and which low-correlation assets could fill the gaps.
Analyze Diversification