Geo 4 Correlation trial

Asset Allocation

Position	Category/Sector	Target Weight
ARTHX Artisan Global Equity Fund	Global Equities	6%
AU AngloGold Ashanti Limited	Basic Materials	6%
BIAHX Brown Advisory - WMC Strategic European Equity Fund	Europe Equities	6%
BPLEX Boston Partners Long/Short Equity Fund	Long-Short	6%
DBC Invesco DB Commodity Index Tracking Fund	Commodities	5%
DEMIX Delaware Emerging Markets Fund	Emerging Markets Diversified	6%
EICOX Eaton Vance Emerging and Frontier Countries Equity Fund	Emerging Markets Diversified	6%
GLD SPDR Gold Shares	Gold, Precious Metals	5%
HJPSX Hennessy Japan Small Cap Fund	Japan Equities	6%
IEF iShares 7-10 Year Treasury Bond ETF	Government Bonds	7%
INSM Insmed Incorporated	Healthcare	6%
TLT iShares 20+ Year Treasury Bond ETF	Government Bonds, Long-Term Bond	20%
VTI Vanguard Total Stock Market ETF	Large Cap Blend Equities	15%

Benchmark Against

Benchmark

S&P 500 Index

Rebalance

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Geo 4 Correlation trial, 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 Jan 2, 2015, corresponding to the inception date of EICOX

Returns By Period

As of Apr 2, 2026, the Geo 4 Correlation trial returned 4.68% Year-To-Date and 12.96% of annualized return in the last 10 years.

	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 Geo 4 Correlation trial	-0.07%	-2.08%	4.68%	10.04%	37.27%	24.72%	12.96%	12.96%
Portfolio components:
VTI Vanguard Total Stock Market ETF	0.16%	-3.26%	-3.13%	-1.24%	17.86%	18.10%	10.66%	13.75%
DBC Invesco DB Commodity Index Tracking Fund	2.27%	13.20%	31.17%	35.71%	33.85%	11.56%	14.82%	10.42%
GLD SPDR Gold Shares	-1.92%	-8.27%	8.35%	21.03%	49.02%	32.51%	21.53%	13.97%
IEF iShares 7-10 Year Treasury Bond ETF	0.23%	-1.48%	0.01%	0.50%	3.83%	2.14%	-0.73%	0.79%
TLT iShares 20+ Year Treasury Bond ETF	0.61%	-2.56%	0.69%	-0.91%	-0.77%	-2.76%	-5.75%	-1.34%
BIAHX Brown Advisory - WMC Strategic European Equity Fund	1.32%	-2.92%	-1.40%	1.84%	24.51%	20.11%	13.27%	11.83%
DEMIX Delaware Emerging Markets Fund	3.31%	-4.03%	17.96%	40.98%	110.12%	37.05%	12.90%	14.85%
EICOX Eaton Vance Emerging and Frontier Countries Equity Fund	1.91%	-2.04%	4.80%	10.61%	32.90%	22.16%	12.91%	11.59%
HJPSX Hennessy Japan Small Cap Fund	2.77%	-4.37%	6.78%	9.14%	36.18%	17.05%	6.46%	10.54%
ARTHX Artisan Global Equity Fund	3.30%	-3.18%	4.78%	5.92%	40.97%	23.88%	10.51%	13.91%

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

Monthly Returns

Based on dividend-adjusted daily data since Jan 5, 2015, Geo 4 Correlation trial's average daily return is +0.05%, while the average monthly return is +0.99%. At this rate, your investment would double in approximately 5.9 years.

Historically, 63% of months were positive and 38% were negative. The best month was Apr 2020 with a return of +11.1%, while the worst month was Mar 2020 at -8.2%. The longest winning streak lasted 14 consecutive months, and the longest losing streak was 5 months.

On a daily basis, Geo 4 Correlation trial closed higher 54% of trading days. The best single day was May 28, 2024 with a return of +5.7%, while the worst single day was Mar 18, 2020 at -6.0%.

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Total
2026	4.66%	5.82%	-6.73%	1.34%									4.68%
2025	4.86%	1.87%	1.51%	0.88%	2.81%	6.83%	0.99%	4.95%	5.66%	3.46%	2.99%	-0.38%	42.82%
2024	-1.43%	2.12%	3.89%	-3.11%	9.66%	3.86%	3.65%	2.18%	0.39%	-2.81%	1.91%	-1.00%	20.32%
2023	7.03%	-4.67%	4.07%	1.75%	-2.79%	2.59%	2.50%	-3.23%	-3.12%	-1.53%	6.97%	5.54%	15.09%
2022	-4.30%	0.43%	-0.94%	-6.50%	-1.20%	-5.26%	3.66%	-2.56%	-7.53%	-0.04%	9.38%	-1.24%	-15.95%
2021	-0.29%	-0.81%	0.35%	2.50%	0.81%	0.22%	0.87%	0.49%	-2.46%	3.99%	-1.12%	2.16%	6.74%

Benchmark Metrics

Geo 4 Correlation trial has an annualized alpha of 6.61%, beta of 0.46, and R² of 0.50 versus S&P 500 Index. Calculated based on daily prices since January 05, 2015.

This portfolio participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (65.78%) than losses (49.95%) — typical of diversified or defensive assets.
This portfolio generated an annualized alpha of 6.61% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
Beta of 0.46 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: 6.61%

Beta: 0.46

R²: 0.50

Upside Capture: 65.78%

Downside Capture: 49.95%

Expense Ratio

Geo 4 Correlation trial has an expense ratio of 0.64%, placing it in the medium range. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.

Top 10 holdings

BPLEX

Boston Partners Long/Short Equity Fund

HJPSX

Hennessy Japan Small Cap Fund

EICOX

Eaton Vance Emerging and Frontier Countries Equity Fund

ARTHX

Artisan Global Equity Fund

DEMIX

Delaware Emerging Markets Fund

BIAHX

Brown Advisory - WMC Strategic European Equity Fund

DBC

Invesco DB Commodity Index Tracking Fund

GLD

SPDR Gold Shares

IEF

iShares 7-10 Year Treasury Bond ETF

TLT

iShares 20+ Year Treasury Bond ETF

Return for Risk

Risk / Return Rank

Geo 4 Correlation trial ranks 95 for risk / return — in the top 95% 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.

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	2.93	0.88	+2.05
Sortino ratio Return per unit of downside risk	3.82	1.37	+2.45
Omega ratio Gain probability vs. loss probability	1.58	1.21	+0.37
Calmar ratio Return relative to maximum drawdown	4.01	1.39	+2.62
Martin ratio Return relative to average drawdown	16.42	6.43	+9.99
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
VTI Vanguard Total Stock Market ETF	54	0.94	1.47	1.22	1.53	7.16
DBC Invesco DB Commodity Index Tracking Fund	81	1.80	2.41	1.32	3.16	8.12
GLD SPDR Gold Shares	80	1.77	2.19	1.32	2.57	9.28
IEF iShares 7-10 Year Treasury Bond ETF	32	0.72	1.06	1.12	1.16	2.87
TLT iShares 20+ Year Treasury Bond ETF	10	-0.07	-0.01	1.00	-0.09	-0.19
BIAHX Brown Advisory - WMC Strategic European Equity Fund	75	1.66	2.19	1.33	1.94	7.59
DEMIX Delaware Emerging Markets Fund	97	3.34	3.45	1.54	5.45	21.14
EICOX Eaton Vance Emerging and Frontier Countries Equity Fund	87	2.08	2.52	1.42	2.54	9.54
HJPSX Hennessy Japan Small Cap Fund	82	1.92	2.52	1.35	2.31	8.43
ARTHX Artisan Global Equity Fund	96	2.52	3.23	1.49	3.95	16.55

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.

Geo 4 Correlation trial Sharpe ratios as of Apr 2, 2026 (values are recalculated daily):

1-Year: 2.93
5-Year: 1.07
10-Year: 1.11
All Time: 1.03

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 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 Geo 4 Correlation trial compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.

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Dividends

Dividend yield

Geo 4 Correlation trial provided a 6.04% dividend yield over the last twelve months.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Portfolio	6.04%	6.33%	6.64%	3.58%	2.70%	3.06%	4.48%	3.00%	3.90%	1.30%	1.22%	2.04%
Portfolio components:
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%
DBC Invesco DB Commodity Index Tracking Fund	2.54%	3.33%	5.22%	4.94%	0.59%	0.00%	0.00%	1.59%	1.30%	0.00%	0.00%	0.00%
GLD SPDR Gold Shares	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
IEF iShares 7-10 Year Treasury Bond ETF	3.84%	3.77%	3.62%	2.91%	1.96%	0.83%	1.08%	2.08%	2.24%	1.82%	1.81%	1.90%
TLT iShares 20+ Year Treasury Bond ETF	4.51%	4.43%	4.30%	3.38%	2.67%	1.50%	1.50%	2.27%	2.63%	2.43%	2.60%	2.61%
BIAHX Brown Advisory - WMC Strategic European Equity Fund	7.71%	7.60%	5.16%	1.13%	2.66%	9.72%	6.39%	9.78%	12.12%	0.83%	1.19%	0.00%
DEMIX Delaware Emerging Markets Fund	16.08%	18.97%	1.99%	2.95%	1.89%	3.42%	0.87%	0.80%	0.65%	1.80%	0.94%	0.30%
EICOX Eaton Vance Emerging and Frontier Countries Equity Fund	3.52%	3.68%	2.02%	1.95%	5.72%	2.71%	0.10%	2.00%	2.95%	0.00%	0.59%	2.35%
HJPSX Hennessy Japan Small Cap Fund	12.40%	13.25%	3.64%	0.85%	0.61%	0.43%	0.23%	1.30%	3.46%	2.09%	2.03%	3.34%
ARTHX Artisan Global Equity Fund	22.32%	23.39%	11.32%	0.89%	0.88%	18.02%	11.98%	8.76%	18.13%	0.66%	0.00%	2.17%

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 Geo 4 Correlation trial. 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 Geo 4 Correlation trial was 24.47%, occurring on Oct 20, 2022. Recovery took 365 trading sessions.

The current Geo 4 Correlation trial drawdown is 6.19%.

Depth	Start	To Bottom	Bottom	To Recover	End	Total
-24.47%	Nov 15, 2021	236	Oct 20, 2022	365	Apr 5, 2024	601
-22.16%	Feb 24, 2020	18	Mar 18, 2020	52	Jun 2, 2020	70
-13.91%	Jan 29, 2018	229	Dec 24, 2018	40	Feb 22, 2019	269
-13.86%	Apr 17, 2015	193	Jan 21, 2016	93	Jun 3, 2016	286
-9.4%	Mar 2, 2026	15	Mar 20, 2026	—	—	—

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 13 assets, with an effective number of assets of 9.88, 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	GLD	TLT	IEF	AU	INSM	DBC	HJPSX	BPLEX	DEMIX	BIAHX	EICOX	ARTHX	VTI	Portfolio
Benchmark	1.00	0.02	-0.14	-0.14	0.10	0.40	0.28	0.53	0.63	0.62	0.67	0.66	0.81	0.99	0.66
GLD	0.02	1.00	0.29	0.36	0.68	0.01	0.25	0.16	0.04	0.12	0.17	0.13	0.12	0.02	0.46
TLT	-0.14	0.29	1.00	0.92	0.21	-0.08	-0.17	-0.01	-0.19	-0.12	-0.08	-0.13	-0.09	-0.14	0.25
IEF	-0.14	0.36	0.92	1.00	0.26	-0.08	-0.15	0.03	-0.18	-0.12	-0.05	-0.13	-0.08	-0.13	0.26
AU	0.10	0.68	0.21	0.26	1.00	0.07	0.23	0.15	0.11	0.18	0.20	0.17	0.16	0.10	0.55
INSM	0.40	0.01	-0.08	-0.08	0.07	1.00	0.13	0.23	0.21	0.27	0.29	0.28	0.40	0.43	0.55
DBC	0.28	0.25	-0.17	-0.15	0.23	0.13	1.00	0.19	0.35	0.33	0.26	0.31	0.27	0.28	0.37
HJPSX	0.53	0.16	-0.01	0.03	0.15	0.23	0.19	1.00	0.39	0.46	0.52	0.49	0.56	0.53	0.55
BPLEX	0.63	0.04	-0.19	-0.18	0.11	0.21	0.35	0.39	1.00	0.48	0.56	0.51	0.51	0.63	0.48
DEMIX	0.62	0.12	-0.12	-0.12	0.18	0.27	0.33	0.46	0.48	1.00	0.59	0.81	0.67	0.63	0.62
BIAHX	0.67	0.17	-0.08	-0.05	0.20	0.29	0.26	0.52	0.56	0.59	1.00	0.65	0.77	0.68	0.65
EICOX	0.66	0.13	-0.13	-0.13	0.17	0.28	0.31	0.49	0.51	0.81	0.65	1.00	0.71	0.67	0.63
ARTHX	0.81	0.12	-0.09	-0.08	0.16	0.40	0.27	0.56	0.51	0.67	0.77	0.71	1.00	0.82	0.71
VTI	0.99	0.02	-0.14	-0.13	0.10	0.43	0.28	0.53	0.63	0.63	0.68	0.67	0.82	1.00	0.68
Portfolio	0.66	0.46	0.25	0.26	0.55	0.55	0.37	0.55	0.48	0.62	0.65	0.63	0.71	0.68	1.00

The correlation results are calculated based on daily price changes starting from Jan 5, 2015

Geo 4 Correlation trial

Asset Allocation

Performance

Performance Chart

Returns By Period

Monthly Returns

Benchmark Metrics

Expense Ratio

Top 10 holdings

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