US market

Asset Allocation

Position	Category/Sector	Target Weight
IVE iShares S&P 500 Value ETF	Large Cap Value Equities, S&P 500	12.50%
IVW iShares S&P 500 Growth ETF	Large Cap Growth Equities, S&P 500	12.50%
RSP Invesco S&P 500 Equal Weight ETF	S&P 500	12.50%
SDY SPDR S&P Dividend ETF	Mid Cap Value Equities, Dividend	12.50%
SPHQ Invesco S&P 500 Quality ETF	S&P 500, Large Cap Value Equities	12.50%
SPLV Invesco S&P 500 Low Volatility ETF	S&P 500, Large Cap Value Equities	12.50%
SPMO Invesco S&P 500 Momentum ETF	S&P 500	12.50%
SPY State Street SPDR S&P 500 ETF	S&P 500	12.50%

Benchmark Against

Benchmark

S&P 500 Index

Rebalance

Performance

Performance Chart

The chart shows the growth of an initial investment of €10,000 in US market , 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.

Loading graphics...

The earliest data available for this chart is Oct 12, 2015, corresponding to the inception date of SPMO

Returns By Period

As of Apr 2, 2026, the US market returned 1.71% Year-To-Date and 12.78% of annualized return in the last 10 years.

	1D	1M	YTD	6M	1Y	3Y*	5Y*	10Y*
Benchmark S&P 500 Index	0.56%	-2.80%	-2.10%	-0.42%	8.95%	14.67%	10.82%	12.14%
Portfolio US market	0.66%	-3.09%	1.71%	2.43%	7.56%	14.17%	11.62%	12.78%
Portfolio components:
SPY State Street SPDR S&P 500 ETF	0.00%	-3.05%	-2.17%	-0.24%	9.90%	16.01%	12.26%	13.92%
RSP Invesco S&P 500 Equal Weight ETF	0.00%	-3.95%	2.50%	3.20%	4.80%	9.62%	8.26%	11.11%
IVW iShares S&P 500 Growth ETF	0.50%	-2.67%	-5.21%	-3.87%	14.59%	19.70%	12.87%	15.67%
IVE iShares S&P 500 Value ETF	0.63%	-2.71%	2.08%	4.82%	5.72%	11.66%	10.83%	11.19%
SPLV Invesco S&P 500 Low Volatility ETF	1.25%	-3.20%	5.94%	4.42%	-5.22%	5.93%	7.49%	8.34%
SPHQ Invesco S&P 500 Quality ETF	0.32%	-3.45%	3.16%	4.75%	8.34%	15.93%	13.13%	13.50%
SPMO Invesco S&P 500 Momentum ETF	0.00%	-3.32%	-2.29%	-3.45%	14.86%	25.77%	18.08%	17.23%
SDY SPDR S&P Dividend ETF	0.64%	-4.26%	7.55%	7.54%	3.50%	6.48%	7.47%	9.31%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Oct 13, 2015, US market 's average daily return is +0.05%, while the average monthly return is +1.07%. At this rate, your investment would double in approximately 5.4 years.

Historically, 63% of months were positive and 37% were negative. The best month was Apr 2020 with a return of +12.3%, while the worst month was Mar 2020 at -12.7%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 6 months.

On a daily basis, US market closed higher 55% of trading days. The best single day was Mar 24, 2020 with a return of +9.2%, while the worst single day was Mar 16, 2020 at -12.5%.

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Total
2026	1.81%	2.24%	-3.35%	1.10%									1.71%
2025	3.04%	0.29%	-8.07%	-5.59%	5.46%	-0.19%	4.71%	-0.40%	1.71%	1.57%	0.92%	-1.48%	1.13%
2024	3.58%	5.08%	3.95%	-2.91%	2.63%	3.65%	1.36%	1.15%	1.01%	1.01%	8.82%	-2.02%	30.32%
2023	2.78%	-0.32%	-0.33%	0.07%	0.47%	3.92%	2.08%	-0.13%	-1.79%	-2.32%	5.06%	3.52%	13.45%
2022	-3.49%	-2.04%	4.73%	-2.15%	-0.89%	-5.62%	10.61%	-1.66%	-6.41%	8.29%	0.39%	-7.10%	-6.83%
2021	-0.19%	2.97%	8.13%	2.10%	-0.39%	4.94%	2.16%	3.05%	-2.62%	6.31%	0.30%	5.36%	36.59%

Benchmark Metrics

US market has an annualized alpha of 1.66%, beta of 0.92, and R² of 0.97 versus S&P 500 Index. Calculated based on daily prices since October 13, 2015.

This portfolio participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (93.59%) than losses (86.99%) — typical of diversified or defensive assets.
With beta of 0.92 and R² of 0.97, 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: 1.66%

Beta: 0.92

R²: 0.97

Upside Capture: 93.59%

Downside Capture: 86.99%

Expense Ratio

US market has an expense ratio of 0.19%, 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.

SDY

SPDR S&P Dividend ETF

SPLV

Invesco S&P 500 Low Volatility ETF

RSP

Invesco S&P 500 Equal Weight ETF

IVW

iShares S&P 500 Growth ETF

IVE

iShares S&P 500 Value ETF

SPHQ

Invesco S&P 500 Quality ETF

SPMO

Invesco S&P 500 Momentum ETF

SPY

State Street SPDR S&P 500 ETF

Return for Risk

Risk / Return Rank

US market ranks 9 for risk / return — in the bottom 9% of portfolios on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

Overall Rank

Sharpe Ratio Rank

Sortino Ratio Rank

Omega Ratio Rank

Calmar Ratio Rank

Martin Ratio Rank

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

	Portfolio	Benchmark	Difference
Sharpe ratio Return per unit of total volatility	0.41	0.43	-0.02
Sortino ratio Return per unit of downside risk	0.69	0.73	-0.05
Omega ratio Gain probability vs. loss probability	1.11	1.12	-0.01
Calmar ratio Return relative to maximum drawdown	0.59	0.65	-0.06
Martin ratio Return relative to average drawdown	2.46	2.68	-0.22
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
SPY State Street SPDR S&P 500 ETF	26	0.46	0.78	1.13	0.71	3.01
RSP Invesco S&P 500 Equal Weight ETF	18	0.25	0.47	1.07	0.37	1.42
IVW iShares S&P 500 Growth ETF	32	0.60	0.99	1.15	1.06	3.54
IVE iShares S&P 500 Value ETF	19	0.32	0.54	1.09	0.41	1.43
SPLV Invesco S&P 500 Low Volatility ETF	5	-0.36	-0.40	0.95	-0.48	-0.66
SPHQ Invesco S&P 500 Quality ETF	24	0.44	0.74	1.11	0.66	2.60
SPMO Invesco S&P 500 Momentum ETF	32	0.60	0.98	1.15	1.11	3.61
SDY SPDR S&P Dividend ETF	16	0.22	0.42	1.06	0.30	0.74

Sharpe Ratio

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.

US market Sharpe ratios as of Apr 2, 2026 (values are recalculated daily):

1-Year: 0.41
5-Year: 0.78
10-Year: 0.73
All Time: 0.73

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 1.01 to 1.70, this portfolio's current Sharpe ratio places it in the bottom 25%. This suggests weaker risk-adjusted returns than most portfolios, possibly due to lower returns, higher volatility, or both. It may be worth reviewing the allocation. You can use the Portfolio Optimization tool to explore options for improving the Sharpe ratio.

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

Loading graphics...

Dividends

Dividend yield

US market provided a 1.44% dividend yield over the last twelve months.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Portfolio	1.44%	1.40%	1.41%	1.73%	1.83%	1.32%	1.77%	1.83%	1.99%	1.97%	1.99%	2.36%
Portfolio components:
SPY State Street SPDR S&P 500 ETF	1.13%	1.07%	1.21%	1.40%	1.65%	1.20%	1.52%	1.75%	2.04%	1.80%	2.03%	2.06%
RSP Invesco S&P 500 Equal Weight ETF	1.61%	1.64%	1.52%	1.64%	1.82%	1.28%	1.64%	1.69%	2.02%	1.52%	1.20%	1.70%
IVW iShares S&P 500 Growth ETF	0.43%	0.40%	0.43%	1.03%	0.92%	0.46%	0.82%	1.63%	1.28%	1.30%	1.51%	1.51%
IVE iShares S&P 500 Value ETF	1.63%	1.61%	2.04%	1.65%	2.10%	1.81%	2.37%	2.11%	2.74%	2.12%	2.26%	2.44%
SPLV Invesco S&P 500 Low Volatility ETF	2.10%	2.04%	1.88%	2.45%	2.11%	1.51%	2.12%	2.08%	2.18%	2.03%	2.03%	2.28%
SPHQ Invesco S&P 500 Quality ETF	1.19%	1.09%	1.15%	1.42%	1.85%	1.19%	1.55%	1.51%	1.85%	1.57%	1.67%	2.29%
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%
SDY SPDR S&P Dividend ETF	2.53%	2.61%	2.56%	2.64%	2.55%	2.63%	2.85%	2.45%	2.73%	4.69%	3.30%	6.20%

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.

Loading graphics...

Worst Drawdowns

The table below displays the maximum drawdowns of the US market . 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 US market was 33.92%, occurring on Mar 23, 2020. Recovery took 220 trading sessions.

The current US market drawdown is 3.85%.

Depth	Start	To Bottom	Bottom	To Recover	End	Total
-33.92%	Feb 21, 2020	22	Mar 23, 2020	220	Feb 4, 2021	242
-20.59%	Feb 20, 2025	42	Apr 21, 2025	186	Jan 15, 2026	228
-16.98%	Oct 4, 2018	56	Dec 24, 2018	53	Mar 13, 2019	109
-15.5%	Nov 30, 2015	51	Feb 11, 2016	101	Jul 7, 2016	152
-14.22%	Jan 5, 2022	113	Jun 16, 2022	39	Aug 12, 2022	152

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.

Loading graphics...

Diversification

Diversification Metrics

Number of Effective Assets

The portfolio contains 8 assets, with an effective number of assets of 8.00, reflecting the diversification based on asset allocation. This number of effective assets indicates a moderate level of diversification, where some assets may have a more significant influence on overall performance.

Asset Correlations Table

The table below displays the correlation coefficients between the individual components of the portfolio, the entire portfolio, and the chosen benchmark.

	Benchmark	SPLV	SPMO	SDY	IVW	IVE	RSP	SPHQ	SPY	Portfolio
Benchmark	1.00	0.70	0.82	0.78	0.96	0.89	0.91	0.95	1.00	0.98
SPLV	0.70	1.00	0.57	0.84	0.59	0.77	0.75	0.72	0.70	0.79
SPMO	0.82	0.57	1.00	0.55	0.84	0.65	0.68	0.81	0.82	0.82
SDY	0.78	0.84	0.55	1.00	0.62	0.92	0.92	0.78	0.78	0.86
IVW	0.96	0.59	0.84	0.62	1.00	0.74	0.78	0.90	0.95	0.90
IVE	0.89	0.77	0.65	0.92	0.74	1.00	0.96	0.87	0.90	0.93
RSP	0.91	0.75	0.68	0.92	0.78	0.96	1.00	0.89	0.91	0.95
SPHQ	0.95	0.72	0.81	0.78	0.90	0.87	0.89	1.00	0.95	0.96
SPY	1.00	0.70	0.82	0.78	0.95	0.90	0.91	0.95	1.00	0.98
Portfolio	0.98	0.79	0.82	0.86	0.90	0.93	0.95	0.96	0.98	1.00

The correlation results are calculated based on daily price changes starting from Oct 13, 2015

US market

Asset Allocation

Performance

Performance Chart

Returns By Period

Monthly Returns

Benchmark Metrics

Expense Ratio

Return for Risk

Risk / Return Rank

Return / Risk — by metrics

Sharpe ratio

Sortino ratio

Omega ratio

Calmar ratio

Martin ratio

Sharpe Ratio

Dividends

Dividend yield

Drawdowns

Drawdowns Chart

Worst Drawdowns

Volatility

Volatility Chart

Diversification

Diversification Metrics

Number of Effective Assets

Asset Correlations Table