Fixed Income
Fixed Income
Asset Allocation
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fixed Income, 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 May 28, 2020, corresponding to the inception date of SGOV
Returns By Period
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | -0.77% | -3.55% | 3.64% | 22.00% | 12.20% | 11.23% |
| Fixed Income | 0.12% | 0.28% | 2.32% | 4.90% | N/A | N/A |
| Portfolio components: | ||||||
BIL SPDR Barclays 1-3 Month T-Bill ETF | 0.13% | 0.32% | 2.43% | 5.12% | 2.37% | 1.63% |
SGOV iShares 0-3 Month Treasury Bond ETF | 0.15% | 0.34% | 2.48% | 5.21% | N/A | N/A |
SHY iShares 1-3 Year Treasury Bond ETF | -0.16% | 0.05% | 1.90% | 3.37% | 1.20% | 1.20% |
SLQD iShares 0-5 Year Investment Grade Corporate Bond ETF | -0.28% | -0.31% | 2.11% | 4.32% | 1.97% | 2.19% |
SHYG iShares 0-5 Year High Yield Corporate Bond ETF | 0.02% | -0.19% | 3.85% | 7.62% | 4.09% | 4.43% |
VMBS Vanguard Mortgage-Backed Securities ETF | -1.46% | -2.07% | -0.67% | 0.37% | -1.03% | 0.70% |
VWOB Vanguard Emerging Markets Government Bond ETF | -0.44% | -1.97% | 1.55% | 5.66% | -0.26% | 2.96% |
SPAXX Fidelity Government Money Market Fund | 0.00% | 0.00% | 0.00% | 0.42% | 1.39% | 0.78% |
Monthly Returns
The table below presents the monthly returns of Fixed Income, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.45% | 0.40% | 0.41% | 0.36% | 0.48% | 0.38% | 0.47% | 0.47% | 0.43% | 0.33% | 0.39% | 0.33% | 5.01% |
| 2023 | 0.40% | 0.30% | 0.46% | 0.32% | 0.41% | 0.47% | 0.41% | 0.46% | 0.34% | 0.43% | 0.54% | 0.48% | 5.16% |
| 2022 | -0.06% | -0.05% | -0.02% | -0.07% | 0.07% | -0.02% | 0.13% | 0.14% | 0.12% | 0.20% | 0.40% | 0.33% | 1.18% |
| 2021 | -0.01% | -0.02% | 0.00% | 0.04% | 0.01% | 0.01% | 0.01% | 0.01% | -0.02% | -0.01% | -0.02% | 0.04% | 0.03% |
| 2020 | 0.01% | 0.04% | 0.06% | 0.02% | -0.02% | 0.00% | 0.06% | 0.04% | 0.21% |
Expense Ratio
Fixed Income has an expense ratio of 0.03%, which is considered low compared to other funds. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 100, Fixed Income is among the top 0% 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 | |
|---|---|---|---|---|---|
BIL SPDR Barclays 1-3 Month T-Bill ETF | 20.31 | 262.12 | 152.33 | 464.67 | 4,265.11 |
SGOV iShares 0-3 Month Treasury Bond ETF | 21.87 | 504.15 | 505.15 | 517.03 | 8,207.59 |
SHY iShares 1-3 Year Treasury Bond ETF | 2.18 | 3.31 | 1.44 | 3.86 | 9.06 |
SLQD iShares 0-5 Year Investment Grade Corporate Bond ETF | 2.53 | 3.88 | 1.52 | 5.74 | 14.26 |
SHYG iShares 0-5 Year High Yield Corporate Bond ETF | 2.48 | 3.63 | 1.47 | 4.83 | 20.11 |
VMBS Vanguard Mortgage-Backed Securities ETF | 0.28 | 0.43 | 1.05 | 0.14 | 0.81 |
VWOB Vanguard Emerging Markets Government Bond ETF | 1.06 | 1.50 | 1.19 | 0.54 | 5.08 |
SPAXX Fidelity Government Money Market Fund | 1.00 | — | — | — | — |
Dividends
Dividend yield
Fixed Income provided a 5.05% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 5.05% | 5.05% | 4.84% | 1.50% | 0.11% | 0.15% | 0.20% | 0.13% | 0.11% | 0.10% | 0.09% | 0.08% |
| Portfolio components: | ||||||||||||
BIL SPDR Barclays 1-3 Month T-Bill ETF | 5.02% | 5.03% | 4.92% | 1.35% | 0.00% | 0.30% | 2.05% | 1.66% | 0.68% | 0.07% | 0.00% | 0.00% |
SGOV iShares 0-3 Month Treasury Bond ETF | 5.09% | 5.10% | 4.87% | 1.45% | 0.03% | 0.04% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SHY iShares 1-3 Year Treasury Bond ETF | 3.92% | 3.91% | 2.99% | 1.30% | 0.26% | 0.94% | 2.12% | 1.72% | 0.98% | 0.72% | 0.54% | 0.36% |
SLQD iShares 0-5 Year Investment Grade Corporate Bond ETF | 3.72% | 3.71% | 2.99% | 2.00% | 1.67% | 2.34% | 2.89% | 2.56% | 1.98% | 1.81% | 1.43% | 1.24% |
SHYG iShares 0-5 Year High Yield Corporate Bond ETF | 6.93% | 6.93% | 6.54% | 5.57% | 4.84% | 5.07% | 5.32% | 5.90% | 5.49% | 5.53% | 5.17% | 4.33% |
VMBS Vanguard Mortgage-Backed Securities ETF | 4.00% | 3.94% | 3.31% | 2.35% | 1.03% | 2.01% | 2.77% | 2.72% | 2.16% | 2.10% | 2.12% | 1.90% |
VWOB Vanguard Emerging Markets Government Bond ETF | 6.11% | 6.08% | 5.50% | 5.31% | 4.04% | 4.18% | 4.58% | 4.53% | 4.61% | 4.71% | 4.93% | 4.49% |
SPAXX Fidelity Government Money Market Fund | 4.45% | 4.45% | 4.68% | 1.30% | 0.01% | 0.26% | 0.98% | 0.00% | 0.00% | 0.00% | 0.00% | 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 Fixed Income. 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 Fixed Income was 0.29%, occurring on Jun 14, 2022. Recovery took 33 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -0.29% | Sep 16, 2021 | 190 | Jun 14, 2022 | 33 | Aug 1, 2022 | 223 |
| -0.06% | Feb 9, 2021 | 19 | Mar 8, 2021 | 34 | Apr 23, 2021 | 53 |
| -0.04% | Sep 22, 2022 | 4 | Sep 27, 2022 | 2 | Sep 29, 2022 | 6 |
| -0.04% | Sep 3, 2020 | 14 | Sep 23, 2020 | 13 | Oct 12, 2020 | 27 |
| -0.03% | Jun 11, 2020 | 1 | Jun 11, 2020 | 6 | Jun 19, 2020 | 7 |
Volatility
Volatility Chart
The current Fixed Income volatility is 0.06%, 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
Asset Correlations Table
| SPAXX | SGOV | BIL | SHYG | VWOB | SHY | VMBS | SLQD | |
|---|---|---|---|---|---|---|---|---|
| SPAXX | 1.00 | 0.04 | 0.01 | -0.03 | -0.01 | 0.01 | 0.02 | 0.01 |
| SGOV | 0.04 | 1.00 | 0.57 | 0.01 | 0.02 | 0.11 | 0.03 | 0.09 |
| BIL | 0.01 | 0.57 | 1.00 | 0.00 | 0.03 | 0.14 | 0.07 | 0.08 |
| SHYG | -0.03 | 0.01 | 0.00 | 1.00 | 0.72 | 0.36 | 0.44 | 0.53 |
| VWOB | -0.01 | 0.02 | 0.03 | 0.72 | 1.00 | 0.50 | 0.64 | 0.66 |
| SHY | 0.01 | 0.11 | 0.14 | 0.36 | 0.50 | 1.00 | 0.78 | 0.82 |
| VMBS | 0.02 | 0.03 | 0.07 | 0.44 | 0.64 | 0.78 | 1.00 | 0.78 |
| SLQD | 0.01 | 0.09 | 0.08 | 0.53 | 0.66 | 0.82 | 0.78 | 1.00 |