Core
Asset Allocation
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Core, 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.
The earliest data available for this chart is Jun 13, 2017, corresponding to the inception date of XDIV.TO
Returns By Period
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | -12.30% | -8.99% | -11.89% | 3.84% | 13.06% | 9.34% |
| Core | 1.39% | -2.54% | -0.86% | 17.05% | 16.39% | N/A |
| Portfolio components: | ||||||
XLB.TO iShares Core Canadian Long Term Bond Index ETF | 0.84% | -0.84% | 1.24% | 12.75% | 4.33% | 4.39% |
BRK-B Berkshire Hathaway Inc. | 11.83% | -2.87% | 9.21% | 25.14% | 21.75% | 13.61% |
VDY.TO Vanguard FTSE Canadian High Dividend Yield Index ETF | 0.49% | -0.43% | -3.52% | 12.38% | 16.92% | 8.44% |
IEUR iShares Core MSCI Europe ETF | 10.34% | -3.19% | 2.55% | 10.68% | 12.50% | 5.40% |
GLD SPDR Gold Trust | 30.34% | 13.32% | 25.62% | 42.78% | 14.07% | 10.85% |
XDIV.TO iShares Core MSCI Canadian Quality Dividend Index ETF | 4.04% | -0.20% | -2.06% | 14.72% | 16.79% | N/A |
XIU.TO iShares S&P/TSX 60 Index ETF | 1.87% | -0.11% | -1.24% | 12.77% | 14.43% | 8.06% |
SPMO Invesco S&P 500® Momentum ETF | -9.38% | -8.62% | -8.38% | 15.49% | 17.97% | N/A |
Monthly Returns
The table below presents the monthly returns of Core, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 3.17% | 1.94% | -0.97% | -2.65% | 1.39% | ||||||||
| 2024 | 1.48% | 4.35% | 3.93% | -3.86% | 5.04% | 1.38% | 2.79% | 4.53% | 2.15% | -1.71% | 4.94% | -4.39% | 21.97% |
| 2023 | 4.82% | -3.92% | 1.32% | 3.58% | -4.57% | 5.31% | 1.93% | -1.43% | -2.68% | -2.86% | 9.03% | 5.82% | 16.40% |
| 2022 | -1.36% | 0.07% | 4.05% | -7.55% | 1.29% | -8.17% | 5.49% | -4.30% | -7.46% | 7.81% | 6.10% | -3.06% | -8.51% |
| 2021 | -0.20% | 1.56% | 4.60% | 4.94% | 3.33% | 0.85% | 0.91% | 1.57% | -2.78% | 6.04% | -3.70% | 5.05% | 23.92% |
| 2020 | 1.29% | -6.53% | -13.72% | 7.39% | 3.68% | 2.52% | 5.80% | 6.71% | -3.15% | -3.15% | 10.60% | 2.80% | 12.26% |
| 2019 | 8.97% | 2.34% | 0.81% | 2.68% | -3.27% | 5.57% | -0.54% | -0.15% | 2.28% | 0.31% | 1.84% | 2.01% | 24.76% |
| 2018 | 3.80% | -4.01% | -1.98% | 0.44% | 1.46% | -0.35% | 2.75% | 1.56% | 0.56% | -6.80% | 1.56% | -6.63% | -8.01% |
| 2017 | 1.61% | 3.16% | 0.80% | 1.69% | 2.39% | 1.66% | 2.26% | 14.37% |
Expense Ratio
Core has an expense ratio of 0.15%, 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.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 89, Core is among the top 11% of portfolios on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
This table presents a comparison of risk-adjusted performance metrics for positions. Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|
XLB.TO iShares Core Canadian Long Term Bond Index ETF | 1.01 | 1.54 | 1.18 | 1.06 | 3.59 |
BRK-B Berkshire Hathaway Inc. | 1.35 | 1.92 | 1.28 | 2.86 | 7.30 |
VDY.TO Vanguard FTSE Canadian High Dividend Yield Index ETF | 0.77 | 1.13 | 1.16 | 0.87 | 3.04 |
IEUR iShares Core MSCI Europe ETF | 0.49 | 0.80 | 1.11 | 0.61 | 1.60 |
GLD SPDR Gold Trust | 2.82 | 3.71 | 1.49 | 5.68 | 15.29 |
XDIV.TO iShares Core MSCI Canadian Quality Dividend Index ETF | 0.96 | 1.34 | 1.19 | 1.16 | 3.09 |
XIU.TO iShares S&P/TSX 60 Index ETF | 0.70 | 1.09 | 1.15 | 0.92 | 3.61 |
SPMO Invesco S&P 500® Momentum ETF | 0.56 | 0.92 | 1.13 | 0.67 | 2.59 |
Dividends
Dividend yield
Core provided a 3.06% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 3.06% | 3.14% | 3.51% | 3.52% | 2.52% | 2.93% | 2.43% | 2.61% | 1.72% | 1.69% | 1.34% | 1.01% |
| Portfolio components: | ||||||||||||
XLB.TO iShares Core Canadian Long Term Bond Index ETF | 10.85% | 12.10% | 12.22% | 13.13% | 8.82% | 7.43% | 3.18% | 3.56% | 3.45% | 3.62% | 3.64% | 3.90% |
BRK-B Berkshire Hathaway Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VDY.TO Vanguard FTSE Canadian High Dividend Yield Index ETF | 4.71% | 4.37% | 4.62% | 4.39% | 3.56% | 4.56% | 4.22% | 4.41% | 3.80% | 3.23% | 4.09% | 3.23% |
IEUR iShares Core MSCI Europe ETF | 3.21% | 3.54% | 3.17% | 3.05% | 2.87% | 2.13% | 3.26% | 3.76% | 2.64% | 3.19% | 2.79% | 0.64% |
GLD SPDR Gold Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XDIV.TO iShares Core MSCI Canadian Quality Dividend Index ETF | 4.29% | 4.40% | 4.30% | 4.04% | 3.66% | 4.69% | 4.11% | 4.97% | 1.86% | 0.00% | 0.00% | 0.00% |
XIU.TO iShares S&P/TSX 60 Index ETF | 3.06% | 2.92% | 3.16% | 3.02% | 2.43% | 3.03% | 2.87% | 3.18% | 2.58% | 2.65% | 3.19% | 2.65% |
SPMO Invesco S&P 500® Momentum ETF | 0.59% | 0.48% | 1.63% | 1.66% | 0.52% | 1.27% | 1.39% | 1.05% | 0.77% | 1.94% | 0.36% | 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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Core. 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 Core was 33.86%, occurring on Mar 23, 2020. Recovery took 111 trading sessions.
The current Core drawdown is 4.46%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -33.86% | Feb 20, 2020 | 23 | Mar 23, 2020 | 111 | Aug 26, 2020 | 134 |
| -20.82% | Mar 31, 2022 | 138 | Oct 12, 2022 | 301 | Dec 14, 2023 | 439 |
| -16.28% | Jan 29, 2018 | 233 | Dec 24, 2018 | 76 | Apr 12, 2019 | 309 |
| -9.94% | Feb 14, 2025 | 37 | Apr 8, 2025 | — | — | — |
| -7.64% | Sep 3, 2020 | 41 | Oct 30, 2020 | 8 | Nov 11, 2020 | 49 |
Volatility
Volatility Chart
The current Core volatility is 10.01%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Diversification
Diversification Metrics
Number of Effective Assets
The portfolio contains 8 assets, with an effective number of assets of 5.71, 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
| GLD | XLB.TO | BRK-B | SPMO | IEUR | XDIV.TO | VDY.TO | XIU.TO | |
|---|---|---|---|---|---|---|---|---|
| GLD | 1.00 | 0.41 | -0.00 | 0.09 | 0.20 | 0.17 | 0.18 | 0.25 |
| XLB.TO | 0.41 | 1.00 | 0.08 | 0.19 | 0.29 | 0.31 | 0.31 | 0.35 |
| BRK-B | -0.00 | 0.08 | 1.00 | 0.52 | 0.57 | 0.58 | 0.59 | 0.56 |
| SPMO | 0.09 | 0.19 | 0.52 | 1.00 | 0.64 | 0.53 | 0.54 | 0.64 |
| IEUR | 0.20 | 0.29 | 0.57 | 0.64 | 1.00 | 0.71 | 0.71 | 0.77 |
| XDIV.TO | 0.17 | 0.31 | 0.58 | 0.53 | 0.71 | 1.00 | 0.95 | 0.90 |
| VDY.TO | 0.18 | 0.31 | 0.59 | 0.54 | 0.71 | 0.95 | 1.00 | 0.93 |
| XIU.TO | 0.25 | 0.35 | 0.56 | 0.64 | 0.77 | 0.90 | 0.93 | 1.00 |