Asset Allocation
Find the right asset allocation for ***JB New CMA2 (65/35)
Add portfolio to the optimizer to find optimal allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
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Performance Chart
The chart shows the growth of an initial investment of $10,000 in ***JB New CMA2 (65/35), 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 | 0.30% | 0.09% | 8.18% | 8.17% | 23.42% | 19.88% | 11.91% | 13.45% |
Portfolio ***JB New CMA2 (65/35) | -0.16% | 0.33% | 5.00% | 5.45% | 13.85% | 13.83% | 8.64% | — |
| Portfolio components: | ||||||||
PEG Public Service Enterprise Group Incorporated | -2.19% | 0.79% | -2.41% | 0.31% | 0.06% | 11.08% | 8.30% | 9.37% |
SPAXX Fidelity Government Money Market Fund | 0.00% | 0.28% | 1.37% | 1.67% | 3.66% | 2.42% | 1.45% | — |
VEU Vanguard FTSE All-World ex-US ETF | 0.90% | -1.72% | 11.45% | 13.84% | 27.37% | 18.27% | 8.16% | 9.86% |
VTI Vanguard Total Stock Market ETF | 0.30% | 0.44% | 9.05% | 8.94% | 24.96% | 21.05% | 12.25% | 14.84% |
VTIP Vanguard Short-Term Inflation-Protected Securities ETF | 0.00% | -0.18% | 1.76% | 1.89% | 4.64% | 5.17% | 3.37% | 3.08% |
Monthly Returns
Based on dividend-adjusted daily data since May 25, 2021, *JB New CMA2 (65/35)'s average daily return is +0.03%, while the average monthly return is +0.71%. At this rate, an investment would double in approximately 8.2 years**.
Historically, 60% of months were positive and 40% were negative. The best month was Jul 2022 with a return of +5.6%, while the worst month was Sep 2022 at -7.2%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 3 months.
On a daily basis, *JB New CMA2 (65/35) closed higher 54% of trading days. The best single day was Apr 9, 2025 with a return of +5.5%, while the worst single day was Apr 4, 2025 at -3.7%**.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.35% | 0.58% | -3.18% | 5.55% | 2.20% | -1.38% | 5.00% | ||||||
| 2025 | 1.58% | -1.06% | -2.27% | -0.59% | 3.22% | 3.48% | 2.30% | 0.13% | 2.05% | 0.59% | 0.78% | -0.46% | 10.01% |
| 2024 | -0.16% | 3.73% | 3.04% | -1.61% | 4.19% | 1.26% | 2.48% | 1.38% | 3.19% | -0.45% | 4.31% | -3.11% | 19.49% |
| 2023 | 3.76% | -1.69% | 2.50% | 0.75% | -0.83% | 4.18% | 2.05% | -1.44% | -3.32% | 0.15% | 4.95% | 2.69% | 14.26% |
| 2022 | -3.18% | -1.33% | 2.76% | -4.55% | -0.25% | -5.42% | 5.62% | -2.57% | -7.24% | 4.20% | 3.96% | -2.74% | -11.08% |
| 2021 | -0.12% | 0.76% | 1.85% | 1.85% | -2.88% | 4.20% | -1.04% | 3.22% | 7.91% |
Benchmark Metrics
***JB New CMA2 (65/35) has an annualized alpha of 1.35%, beta of 0.58, and R2 of 0.90 versus S&P 500 Index. Calculated based on daily prices since May 25, 2021.
- This portfolio participated in 63.92% of S&P 500 Index downside but only 58.86% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.58 indicates this portfolio moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- 1.35%
- Beta
- 0.58
- R²
- 0.90
- Upside Capture
- 58.86%
- Downside Capture
- 63.92%
Expense Ratio
***JB New CMA2 (65/35) has an expense ratio of 0.06%, 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
*JB New CMA2 (65/35) ranks 45 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 ***JB New CMA2 (65/35) and compares them with S&P 500 Index.
| Portfolio | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | 1.92 | 1.94 | -0.02 |
| Sortino ratioReturn per unit of downside risk | 2.72 | 2.63 | +0.09 |
| Omega ratioGain probability vs. loss probability | 1.34 | 1.35 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.89 | 2.59 | +0.30 |
| Martin ratioReturn relative to average drawdown | 12.63 | 11.84 | +0.79 |
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.
| Position | Risk / Return Rank | Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio |
|---|---|---|---|---|---|---|
PEG Public Service Enterprise Group Incorporated | 39 | 0.00 | 0.13 | 1.02 | 0.00 | 0.01 |
SPAXX Fidelity Government Money Market Fund | — | 3.65 | — | — | — | — |
VEU Vanguard FTSE All-World ex-US ETF | 56 | 1.74 | 2.39 | 1.32 | 2.41 | 9.28 |
VTI Vanguard Total Stock Market ETF | 68 | 2.02 | 2.73 | 1.36 | 2.81 | 12.85 |
VTIP Vanguard Short-Term Inflation-Protected Securities ETF | 95 | 3.12 | 5.31 | 1.66 | 6.66 | 26.11 |
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Dividends
Dividend yield
***JB New CMA2 (65/35) provided a 2.29% dividend yield over the last twelve months.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 2.29% | 2.39% | 1.90% | 2.06% | 3.09% | 2.25% | 1.53% | 1.87% | 2.17% | 1.75% | 1.73% | 1.62% |
| Portfolio components: | ||||||||||||
PEG Public Service Enterprise Group Incorporated | 3.29% | 3.14% | 2.84% | 3.73% | 3.53% | 3.06% | 3.36% | 3.18% | 3.46% | 3.34% | 3.74% | 4.03% |
SPAXX Fidelity Government Money Market Fund | 3.59% | 3.88% | 1.53% | 0.41% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VEU Vanguard FTSE All-World ex-US ETF | 2.68% | 3.09% | 3.24% | 3.32% | 3.12% | 3.08% | 2.00% | 3.10% | 3.27% | 2.66% | 2.96% | 2.95% |
VTI Vanguard Total Stock Market ETF | 1.03% | 1.12% | 1.27% | 1.44% | 1.66% | 1.21% | 1.42% | 1.78% | 2.04% | 1.71% | 1.92% | 1.98% |
VTIP Vanguard Short-Term Inflation-Protected Securities ETF | 3.59% | 3.81% | 2.70% | 2.86% | 6.84% | 4.68% | 1.20% | 1.95% | 2.45% | 1.52% | 0.76% | 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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the ***JB New CMA2 (65/35). 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 ***JB New CMA2 (65/35) was 16.28%, occurring on Oct 12, 2022. Recovery took 294 trading sessions.
The current *JB New CMA2 (65/35) drawdown is 1.59%**.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -16.28%Oct 2022 | 9mo 11d | 1y 2mo | 1y 11moJan 2022 - Dec 2023 |
2025 selloff2025 | -10.98%Apr 2025 | 4mo 4d | 2mo 19d | 6mo 23dDec 2024 - Jun 2025 |
2026 pullback2026 | -4.82%Mar 2026 | 29d | 18d | 1mo 17dFeb 2026 - Apr 2026 |
2024 pullback2024 | -3.56%Aug 2024 | 4d | 10d | 14dAug 2024 - Aug 2024 |
2021 pullback2021 | -3.33%Sep 2021 | 27d | 20d | 1mo 17dSep 2021 - Oct 2021 |
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 5 assets, with an effective number of assets of 2.96, reflecting the diversification based on asset allocation. Your allocation shows noticeable concentration: a few holdings carry significantly more weight than the rest. Rebalancing toward more even weights — or adding less correlated assets — could reduce risk.
Diversification Ratio
1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
Diversification Ratio | 1.32 | 1.23 | 1.20 | 1.20 |
The portfolio has a diversification ratio of 1.20, in line with the typical range across portfolios. There's room to improve by adding less correlated assets.
***JB New CMA2 (65/35) correlation to the S&P 500 Index
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.87 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.90 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.93 |
Correlation (All Time) Calculated using the full available price history since May 25, 2021 | 0.93 |
Benchmark Correlations
Correlation vs. S&P 500 Index. VTI has the highest benchmark correlation at 0.99, while SPAXX has the lowest at 0.02.
Asset Correlations Table
Find what ***JB New CMA2 (65/35) is missing
See which holdings overlap, where ***JB New CMA2 (65/35) is concentrated, and which low-correlation assets could fill the gaps.
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