Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
VEQT.TO Vanguard All-Equity ETF Portfolio | Global Equities, Actively Managed | 10% |
VFV.TO Vanguard S&P 500 Index ETF | S&P 500 | 15% |
XDIV.TO iShares Core MSCI Canadian Quality Dividend Index ETF | Dividend, Large Cap Value Equities | 20% |
ZDB.TO BMO Discount Bond | Canadian Government Bonds | 15% |
ZDI.TO BMO International Dividend ETF | International Equity | 10% |
ZLB.TO BMO Low Volatility Canadian Equity ETF | Canada Equities | 15% |
ZWC.TO BMO CA High Dividend Covered Call ETF | Derivative Income | 15% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Cash #1, 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 Feb 5, 2019, corresponding to the inception date of VEQT.TO
Returns By Period
| 1D | 1M | YTD | 6M | 1Y | 3Y* | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|---|---|
Benchmark S&P 500 Index | 0.44% | -1.90% | -3.41% | -1.91% | 30.31% | 17.22% | 10.14% | 12.44% |
Portfolio Cash #1 | 0.20% | -0.80% | 2.68% | 6.79% | 29.57% | 14.19% | 9.29% | — |
| Portfolio components: | ||||||||
VFV.TO Vanguard S&P 500 Index ETF | 0.00% | -2.48% | -3.56% | -1.89% | 31.02% | 18.37% | 11.31% | 13.92% |
XDIV.TO iShares Core MSCI Canadian Quality Dividend Index ETF | 0.19% | 1.88% | 7.72% | 13.52% | 39.62% | 18.71% | 13.50% | — |
ZWC.TO BMO CA High Dividend Covered Call ETF | 0.00% | -1.37% | 5.65% | 12.60% | 37.27% | 13.60% | 9.35% | — |
ZDB.TO BMO Discount Bond | 0.14% | -2.73% | -1.16% | 0.23% | 2.30% | 1.90% | -1.49% | 0.84% |
ZDI.TO BMO International Dividend ETF | 0.36% | 1.83% | 6.81% | 8.82% | 34.89% | 15.09% | 10.49% | 8.74% |
ZLB.TO BMO Low Volatility Canadian Equity ETF | -0.01% | -2.28% | 1.07% | 7.76% | 27.50% | 13.19% | 10.32% | 10.20% |
VEQT.TO Vanguard All-Equity ETF Portfolio | 0.00% | -1.88% | 0.20% | 3.13% | 37.88% | 17.64% | 9.78% | — |
Monthly Returns
Based on dividend-adjusted daily data since Feb 6, 2019, Cash #1's average daily return is +0.04%, while the average monthly return is +0.89%. At this rate, your investment would double in approximately 6.5 years.
Historically, 63% of months were positive and 37% were negative. The best month was Nov 2020 with a return of +11.5%, while the worst month was Mar 2020 at -17.5%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 3 months.
On a daily basis, Cash #1 closed higher 55% of trading days. The best single day was Mar 24, 2020 with a return of +9.3%, while the worst single day was Mar 12, 2020 at -11.3%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.83% | 3.79% | -3.66% | 0.83% | 2.68% | ||||||||
| 2025 | 1.71% | 1.41% | -0.19% | 3.00% | 3.73% | 2.90% | -0.48% | 3.11% | 2.00% | 0.58% | 2.93% | 1.28% | 24.22% |
| 2024 | -0.64% | 1.23% | 2.76% | -3.34% | 4.05% | -0.32% | 3.23% | 3.70% | 2.38% | -3.22% | 3.37% | -4.87% | 8.09% |
| 2023 | 7.15% | -3.33% | 1.89% | 2.69% | -3.43% | 4.91% | 1.74% | -3.53% | -3.39% | -3.16% | 8.40% | 5.45% | 15.25% |
| 2022 | -0.99% | -0.64% | 3.34% | -6.50% | 1.47% | -7.37% | 4.62% | -4.27% | -8.74% | 5.28% | 6.94% | -3.63% | -11.41% |
| 2021 | -0.25% | 2.27% | 5.77% | 4.30% | 3.77% | -1.14% | 1.02% | 0.59% | -2.82% | 4.95% | -3.51% | 5.04% | 21.25% |
Benchmark Metrics
Cash #1 has an annualized alpha of 0.90%, beta of 0.71, and R² of 0.75 versus S&P 500 Index. Calculated based on daily prices since February 06, 2019.
- This portfolio participated in 77.29% of S&P 500 Index downside but only 71.05% of its upside — more exposed to losses than it benefited from rallies.
- Alpha
- 0.90%
- Beta
- 0.71
- R²
- 0.75
- Upside Capture
- 71.05%
- Downside Capture
- 77.29%
Expense Ratio
Cash #1 has an expense ratio of 0.31%, 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.
Return for Risk
Risk / Return Rank
Cash #1 ranks 91 for risk / return — in the top 91% 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.
Return / Risk — by metrics
| Portfolio | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 3.02 | 1.84 | +1.18 |
Sortino ratioReturn per unit of downside risk | 4.65 | 2.97 | +1.68 |
Omega ratioGain probability vs. loss probability | 1.62 | 1.40 | +0.22 |
Calmar ratioReturn relative to maximum drawdown | 2.98 | 1.82 | +1.15 |
Martin ratioReturn relative to average drawdown | 15.42 | 7.76 | +7.66 |
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 | |
|---|---|---|---|---|---|---|
VFV.TO Vanguard S&P 500 Index ETF | 77 | 1.89 | 3.08 | 1.42 | 1.90 | 8.01 |
XDIV.TO iShares Core MSCI Canadian Quality Dividend Index ETF | 95 | 4.01 | 5.71 | 1.84 | 3.44 | 20.91 |
ZWC.TO BMO CA High Dividend Covered Call ETF | 94 | 3.37 | 4.87 | 1.68 | 3.45 | 17.91 |
ZDB.TO BMO Discount Bond | 17 | 0.36 | 0.55 | 1.06 | 0.61 | 1.65 |
ZDI.TO BMO International Dividend ETF | 76 | 2.27 | 3.31 | 1.43 | 2.25 | 8.65 |
ZLB.TO BMO Low Volatility Canadian Equity ETF | 89 | 2.56 | 3.85 | 1.50 | 3.23 | 14.95 |
VEQT.TO Vanguard All-Equity ETF Portfolio | 89 | 2.52 | 3.85 | 1.52 | 2.75 | 11.59 |
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Dividends
Dividend yield
Cash #1 provided a 2.76% dividend yield over the last twelve months.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 2.76% | 2.90% | 3.28% | 3.53% | 3.42% | 3.06% | 3.72% | 3.40% | 3.54% | 2.52% | 1.44% | 1.32% |
| Portfolio components: | ||||||||||||
VFV.TO Vanguard S&P 500 Index ETF | 0.95% | 0.92% | 0.99% | 1.20% | 1.31% | 1.06% | 1.33% | 1.55% | 1.68% | 1.50% | 1.66% | 1.63% |
XDIV.TO iShares Core MSCI Canadian Quality Dividend Index ETF | 3.55% | 3.81% | 4.29% | 4.20% | 3.95% | 3.58% | 4.58% | 4.02% | 4.85% | 1.82% | 0.00% | 0.00% |
ZWC.TO BMO CA High Dividend Covered Call ETF | 5.67% | 5.92% | 6.73% | 7.62% | 7.01% | 6.60% | 8.15% | 6.92% | 7.11% | 5.46% | 0.00% | 0.00% |
ZDB.TO BMO Discount Bond | 2.13% | 2.28% | 2.38% | 2.42% | 2.52% | 2.16% | 2.06% | 2.20% | 2.07% | 2.06% | 1.95% | 1.99% |
ZDI.TO BMO International Dividend ETF | 3.10% | 3.34% | 3.94% | 4.15% | 3.99% | 3.72% | 4.96% | 4.92% | 5.23% | 4.23% | 4.62% | 4.26% |
ZLB.TO BMO Low Volatility Canadian Equity ETF | 1.90% | 1.93% | 2.37% | 2.67% | 2.66% | 2.39% | 2.83% | 2.44% | 2.76% | 2.52% | 2.94% | 2.34% |
VEQT.TO Vanguard All-Equity ETF Portfolio | 1.39% | 1.42% | 1.58% | 1.88% | 2.09% | 1.40% | 1.48% | 1.42% | 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 Cash #1. 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 Cash #1 was 36.81%, occurring on Mar 23, 2020. Recovery took 173 trading sessions.
The current Cash #1 drawdown is 2.86%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -36.81% | Feb 20, 2020 | 23 | Mar 23, 2020 | 173 | Nov 27, 2020 | 196 |
| -21.66% | Mar 31, 2022 | 134 | Oct 12, 2022 | 342 | Feb 22, 2024 | 476 |
| -9.43% | Dec 6, 2024 | 84 | Apr 8, 2025 | 14 | Apr 29, 2025 | 98 |
| -5.45% | Mar 2, 2026 | 20 | Mar 27, 2026 | — | — | — |
| -5.41% | Nov 10, 2021 | 16 | Dec 1, 2021 | 20 | Dec 31, 2021 | 36 |
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 7 assets, with an effective number of assets of 6.67, 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
| Benchmark | ZDB.TO | ZDI.TO | VFV.TO | XDIV.TO | ZLB.TO | ZWC.TO | VEQT.TO | Portfolio | |
|---|---|---|---|---|---|---|---|---|---|
| Benchmark | 1.00 | 0.35 | 0.69 | 0.97 | 0.64 | 0.66 | 0.67 | 0.90 | 0.81 |
| ZDB.TO | 0.35 | 1.00 | 0.43 | 0.36 | 0.49 | 0.58 | 0.52 | 0.47 | 0.59 |
| ZDI.TO | 0.69 | 0.43 | 1.00 | 0.71 | 0.74 | 0.71 | 0.76 | 0.83 | 0.85 |
| VFV.TO | 0.97 | 0.36 | 0.71 | 1.00 | 0.65 | 0.67 | 0.68 | 0.92 | 0.83 |
| XDIV.TO | 0.64 | 0.49 | 0.74 | 0.65 | 1.00 | 0.83 | 0.93 | 0.79 | 0.92 |
| ZLB.TO | 0.66 | 0.58 | 0.71 | 0.67 | 0.83 | 1.00 | 0.87 | 0.79 | 0.90 |
| ZWC.TO | 0.67 | 0.52 | 0.76 | 0.68 | 0.93 | 0.87 | 1.00 | 0.83 | 0.94 |
| VEQT.TO | 0.90 | 0.47 | 0.83 | 0.92 | 0.79 | 0.79 | 0.83 | 1.00 | 0.94 |
| Portfolio | 0.81 | 0.59 | 0.85 | 0.83 | 0.92 | 0.90 | 0.94 | 0.94 | 1.00 |