2024-2029 IIM Income + Capital Appreciation - Dual Hedged - Unoptimized

Asset Allocation

Position	Category/Sector	Target Weight
EDV Vanguard Extended Duration Treasury ETF	Government Bonds, Long-Term Bond	33.33%
SGOV iShares 0-3 Month Treasury Bond ETF	Ultrashort Bond	33.33%
NVDA NVIDIA Corporation	Technology	33.33%

Benchmark Against

Benchmark

S&P 500 Index

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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in 2024-2029 IIM Income + Capital Appreciation - Dual Hedged - Unoptimized, 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 2024-2029 IIM Income + Capital Appreciation - Dual Hedged - Unoptimized	0.38%	-1.54%	4.62%	4.47%	18.34%	24.64%	20.54%	—
Portfolio components:
EDV Vanguard Extended Duration Treasury ETF	-0.93%	-1.55%	-1.88%	-3.05%	2.73%	-5.65%	-10.54%	-3.62%
NVDA NVIDIA Corporation	1.73%	-2.94%	12.01%	12.58%	47.43%	75.35%	64.54%	68.47%
SGOV iShares 0-3 Month Treasury Bond ETF	0.01%	0.28%	1.56%	1.80%	3.95%	4.70%	3.55%	—

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

Monthly Returns

Based on dividend-adjusted daily data since May 28, 2020, 2024-2029 IIM Income + Capital Appreciation - Dual Hedged - Unoptimized's average daily return is +0.08%, while the average monthly return is +1.72%. At this rate, an investment would double in approximately 3.4 years.

Historically, 62% of months were positive and 38% were negative. The best month was Jan 2023 with a return of +14.8%, while the worst month was Apr 2022 at -14.8%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 4 months.

On a daily basis, 2024-2029 IIM Income + Capital Appreciation - Dual Hedged - Unoptimized closed higher 52% of trading days. The best single day was May 25, 2023 with a return of +8.8%, while the worst single day was Jan 27, 2025 at -5.2%.

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Total
2026	0.84%	-0.21%	-2.37%	4.55%	2.57%	-0.71%							4.62%
2025	-3.40%	4.04%	-4.89%	-0.70%	6.49%	7.85%	3.72%	-1.01%	4.50%	3.73%	-4.52%	0.38%	16.28%
2024	6.94%	10.47%	6.85%	-4.37%	10.38%	5.67%	-0.29%	1.77%	1.58%	0.87%	2.40%	-3.52%	44.65%
2023	14.75%	5.43%	10.38%	0.13%	10.83%	5.01%	2.37%	0.76%	-7.81%	-4.61%	9.50%	6.49%	64.59%
2022	-7.14%	-0.98%	1.43%	-14.78%	-1.20%	-5.72%	7.30%	-7.76%	-9.76%	0.80%	12.46%	-6.41%	-29.83%
2021	-1.74%	-0.64%	-2.89%	5.21%	2.97%	10.64%	0.83%	4.67%	-3.91%	9.03%	11.70%	-5.08%	33.22%

Benchmark Metrics

2024-2029 IIM Income + Capital Appreciation - Dual Hedged - Unoptimized has an annualized alpha of 9.86%, beta of 0.70, and R2 of 0.39 versus S&P 500 Index. Calculated based on daily prices since May 28, 2020.

This portfolio captured 100.61% of S&P 500 Index gains but only 78.78% of its losses - a favorable profile for investors.
R2 of 0.39 means the benchmark explains less than half of this portfolio's behavior - treat beta with caution or consider switching to a more representative benchmark.

Alpha: 9.86%

Beta: 0.70

R²: 0.39

Upside Capture: 100.61%

Downside Capture: 78.78%

Expense Ratio

2024-2029 IIM Income + Capital Appreciation - Dual Hedged - Unoptimized has an expense ratio of 0.05%, 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.

SGOV

iShares 0-3 Month Treasury Bond ETF

EDV

Vanguard Extended Duration Treasury ETF

Return for Risk

Risk / Return Rank

2024-2029 IIM Income + Capital Appreciation - Dual Hedged - Unoptimized ranks 20 for risk / return — below 20% of Portfolios on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

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

The table below presents risk-adjusted performance metrics for 2024-2029 IIM Income + Capital Appreciation - Dual Hedged - Unoptimized and compares them with S&P 500 Index.

	Portfolio	Benchmark	Difference
Sharpe ratioReturn per unit of total volatility	1.40	1.94	-0.54
Sortino ratioReturn per unit of downside risk	1.99	2.63	-0.63
Omega ratioGain probability vs. loss probability	1.25	1.35	-0.10
Calmar ratioReturn relative to maximum drawdown	2.10	2.59	-0.49
Martin ratioReturn relative to average drawdown	4.97	11.84	-6.87
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
EDV Vanguard Extended Duration Treasury ETF	12	0.19	0.38	1.04	0.22	0.50
NVDA NVIDIA Corporation	77	1.37	1.94	1.24	2.36	5.73
SGOV iShares 0-3 Month Treasury Bond ETF	100	20.28	275.69	195.55	398.20	4,461.99

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.

2024-2029 IIM Income + Capital Appreciation - Dual Hedged - Unoptimized Sharpe ratios as of Jun 9, 2026 (values are recalculated daily):

1-Year: 1.40
5-Year: 1.06
All Time: 1.09

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 1.60 to 2.46, 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 2024-2029 IIM Income + Capital Appreciation - Dual Hedged - Unoptimized 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

2024-2029 IIM Income + Capital Appreciation - Dual Hedged - Unoptimized provided a 3.01% dividend yield over the last twelve months.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Portfolio	3.01%	3.02%	3.26%	2.90%	1.61%	0.68%	1.90%	1.26%	1.12%	1.07%	1.92%	1.81%
Portfolio components:
EDV Vanguard Extended Duration Treasury ETF	5.04%	4.94%	4.65%	3.81%	3.28%	1.95%	5.54%	3.51%	2.90%	2.92%	5.32%	4.24%
NVDA NVIDIA Corporation	0.14%	0.02%	0.03%	0.03%	0.11%	0.05%	0.12%	0.27%	0.46%	0.29%	0.45%	1.20%
SGOV iShares 0-3 Month Treasury Bond ETF	3.85%	4.10%	5.10%	4.87%	1.45%	0.03%	0.05%	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.

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Worst Drawdowns

The table below displays the maximum drawdowns of the 2024-2029 IIM Income + Capital Appreciation - Dual Hedged - Unoptimized. 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 2024-2029 IIM Income + Capital Appreciation - Dual Hedged - Unoptimized was 40.05%, occurring on Oct 14, 2022. Recovery took 155 trading sessions.

The current 2024-2029 IIM Income + Capital Appreciation - Dual Hedged - Unoptimized drawdown is 4.60%.

Related event	Drawdown	Fall	Recovery	Underwater
Bear market2022	-40.05%Oct 2022	10mo 18d	7mo 18d	1y 6moNov 2021 - May 2023
2025 selloff2025	-15.36%Apr 2025	4mo 16d	2mo 5d	6mo 21dDec 2024 - Jun 2025
2021 correction2021	-14.09%Mar 2021	6mo 6d	2mo 28d	9mo 4dSep 2020 - Jun 2021
2023 correction2023	-12.70%Oct 2023	3mo 13d	1mo 14d	4mo 27dJul 2023 - Dec 2023
2024 pullback2024	-9.51%Apr 2024	24d	1mo 4d	1mo 28dMar 2024 - May 2024

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 3 assets, with an effective number of assets of 3.00, reflecting the diversification based on asset allocation. Your capital is spread almost evenly across your holdings, indicating a well-balanced allocation. Note that true diversification also depends on the correlations between assets — check the diversification ratio below.

Diversification Ratio

	1Y	3Y	5Y	All Time
Diversification Ratio	1.31	1.31	1.30	1.29

The portfolio has a diversification ratio of 1.29, in line with the typical range across portfolios. There's room to improve by adding less correlated assets.

2024-2029 IIM Income + Capital Appreciation - Dual Hedged - Unoptimized correlation to the S&P 500 Index

2024-2029 IIM Income + Capital Appreciation - Dual Hedged - Unoptimized has a 0.60 correlation to S&P 500 Index over the trailing 12 months. This section compares each holding's correlation to the benchmark and to the portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.60
Correlation (3Y) Calculated over the trailing 3-year period	0.64
Correlation (5Y) Calculated over the trailing 5-year period	0.65
Correlation (All Time) Calculated using the full available price history since May 28, 2020	0.62

Benchmark Correlations

Correlation vs. S&P 500 Index. NVDA has the highest benchmark correlation at 0.67, while SGOV has the lowest at -0.02.

SGOV

-0.02

EDV

0.03

NVDA

0.67

Portfolio Correlations

Correlation vs. 2024-2029 IIM Income + Capital Appreciation - Dual Hedged - Unoptimized. NVDA has the highest portfolio correlation at 0.91, while SGOV has the lowest at 0.02.

SGOV

0.02

EDV

0.39

NVDA

0.91

Asset Correlations Table

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

	SGOV	EDV	NVDA
SGOV	1.00	0.01	0.02
EDV	0.01	1.00	0.04
NVDA	0.02	0.04	1.00

The correlation results are calculated based on daily price changes starting from May 28, 2020

Diversification Analysis

Find what 2024-2029 IIM Income + Capital Appreciation - Dual Hedged - Unoptimized is missing

See which holdings overlap, where 2024-2029 IIM Income + Capital Appreciation - Dual Hedged - Unoptimized is concentrated, and which low-correlation assets could fill the gaps.

Analyze Diversification