complete XVI

Asset Allocation

Position	Category/Sector	Target Weight
BARIX Baron Asset Fund Institutional Class	Mid Cap Growth Equities	1%
BDMIX BlackRock Global Long/Short Equity Fund Class I	Long-Short	2%
BRK-B Berkshire Hathaway Inc.	Financial Services	3%
EDEN iShares MSCI Denmark ETF	Europe Equities	0.76%
EWL iShares MSCI Switzerland ETF	Europe Equities	0.96%
FAGIX Fidelity Capital & Income Fund	High Yield Bonds	3%
FCNTX Fidelity Contrafund Fund	Large Cap Growth Equities	8%
FDIVX Fidelity Diversified International Fund	Foreign Large Cap Equities	6%
FOCPX Fidelity OTC Portfolio	Large Cap Growth Equities	10.50%
FSSNX Fidelity Small Cap Index Fund	Small Cap Blend Equities	1%
FSZ First Trust Switzerland AlphaDEX Fund	Europe Equities	1.03%
FXAIX Fidelity 500 Index Fund	S&P 500	5%
FXF Invesco CurrencyShares® Swiss Franc Trust	Currency	2.90%
FZROX Fidelity ZERO Total Market Index Fund	Large Cap Blend Equities	2.02%
GBTC Grayscale Bitcoin Trust (BTC)	Financial Services	3%
GLD SPDR Gold Shares	Gold, Precious Metals	13%
IDMO Invesco S&P International Developed Momentum ETF	Global Equities	2%
IEI iShares 3-7 Year Treasury Bond ETF	Government Bonds	0.76%
IOO iShares Global 100 ETF	Large Cap Growth Equities	1.24%
IYW iShares U.S. Technology ETF	Technology Equities	0.71%
LVHD Legg Mason Low Volatility High Dividend ETF	Volatility Hedged Equity, Dividend	2.49%
LVHI Legg Mason International Low Volatility High Dividend ETF	Volatility Hedged Equity, Dividend	7.88%
PRFDX T. Rowe Price Equity Income Fund	Large Cap Value Equities	2%
PTTRX PIMCO Total Return Fund Institutional Class	Total Bond Market	2%
SLV iShares Silver Trust	Precious Metals	6.07%
VMNFX Vanguard Market Neutral Fund Investor Shares	Long-Short	5.75%
VTIVX Vanguard Target Retirement 2045 Fund	Target Retirement Date, Diversified Portfolio	1.43%
WFMIX Allspring Special Mid Cap Value Fund Class I	Mid Cap Value Equities	1%
XMMO Invesco S&P MidCap Momentum ETF	Mid Cap Growth Equities	3.50%

Benchmark Against

Benchmark

S&P 500 Index

Rebalance

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in complete XVI, 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 Aug 16, 2018, corresponding to the inception date of FZROX

Returns By Period

	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 complete XVI	-0.52%	-3.16%	1.23%	7.92%	27.54%	23.31%	14.15%	—
Portfolio components:
FOCPX Fidelity OTC Portfolio	1.71%	-1.82%	-2.14%	2.31%	32.91%	27.22%	13.77%	19.92%
FXAIX Fidelity 500 Index Fund	0.72%	-3.44%	-3.65%	-1.50%	17.37%	18.58%	11.95%	14.16%
FCNTX Fidelity Contrafund Fund	0.83%	-4.06%	-4.57%	-2.11%	19.45%	25.26%	13.40%	16.13%
PRFDX T. Rowe Price Equity Income Fund	0.52%	-3.00%	1.37%	6.28%	12.48%	13.22%	8.89%	11.15%
FDIVX Fidelity Diversified International Fund	2.07%	-2.04%	1.52%	5.22%	22.08%	14.29%	6.61%	8.60%
FSSNX Fidelity Small Cap Index Fund	0.64%	-3.53%	1.55%	2.87%	24.60%	13.43%	3.70%	9.97%
WFMIX Allspring Special Mid Cap Value Fund Class I	2.33%	-6.76%	3.16%	3.51%	11.50%	10.02%	7.88%	10.45%
BARIX Baron Asset Fund Institutional Class	1.64%	-5.83%	-7.81%	-0.24%	2.78%	7.12%	1.68%	10.61%
FZROX Fidelity ZERO Total Market Index Fund	0.70%	-3.42%	-3.30%	-1.40%	17.69%	18.24%	10.89%	—
IOO iShares Global 100 ETF	-0.07%	-2.56%	-3.70%	0.99%	27.10%	21.50%	14.48%	15.14%

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

Monthly Returns

Based on dividend-adjusted daily data since Aug 17, 2018, complete XVI's average daily return is +0.06%, while the average monthly return is +1.27%. At this rate, your investment would double in approximately 4.6 years.

Historically, 67% of months were positive and 33% were negative. The best month was Apr 2020 with a return of +9.3%, while the worst month was Mar 2020 at -10.1%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 4 months.

On a daily basis, complete XVI closed higher 56% of trading days. The best single day was Mar 24, 2020 with a return of +6.2%, while the worst single day was Mar 16, 2020 at -7.8%.

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Total
2026	4.17%	3.09%	-6.12%	0.42%									1.23%
2025	3.97%	-0.47%	-0.45%	1.41%	4.04%	3.40%	1.09%	2.71%	4.79%	1.54%	2.06%	3.19%	30.77%
2024	1.33%	5.02%	4.61%	-2.21%	4.93%	0.66%	1.98%	1.70%	2.14%	0.14%	3.10%	-1.92%	23.34%
2023	6.40%	-2.95%	5.58%	1.73%	-1.21%	4.18%	3.09%	-1.34%	-3.26%	0.98%	6.90%	3.54%	25.54%
2022	-4.23%	-0.06%	1.76%	-5.98%	-1.55%	-6.99%	5.21%	-4.26%	-5.72%	4.28%	5.95%	-1.91%	-13.70%
2021	-0.13%	1.37%	2.12%	3.54%	1.56%	-0.35%	1.85%	1.92%	-3.98%	5.53%	-1.41%	2.01%	14.60%

Benchmark Metrics

complete XVI has an annualized alpha of 7.69%, beta of 0.63, and R² of 0.80 versus S&P 500 Index. Calculated based on daily prices since August 17, 2018.

This portfolio participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (78.68%) than losses (59.11%) — typical of diversified or defensive assets.
This portfolio generated an annualized alpha of 7.69% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
Beta of 0.63 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: 7.69%

Beta: 0.63

R²: 0.80

Upside Capture: 78.68%

Downside Capture: 59.11%

Expense Ratio

complete XVI has an expense ratio of 0.52%, 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

BDMIX

BlackRock Global Long/Short Equity Fund Class I

VMNFX

Vanguard Market Neutral Fund Investor Shares

BARIX

Baron Asset Fund Institutional Class

FDIVX

Fidelity Diversified International Fund

FOCPX

Fidelity OTC Portfolio

WFMIX

Allspring Special Mid Cap Value Fund Class I

FSZ

First Trust Switzerland AlphaDEX Fund

FAGIX

Fidelity Capital & Income Fund

PRFDX

T. Rowe Price Equity Income Fund

EDEN

iShares MSCI Denmark ETF

Return for Risk

Risk / Return Rank

complete XVI ranks 84 for risk / return — in the top 84% 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	1.91	0.88	+1.02
Sortino ratio Return per unit of downside risk	2.50	1.37	+1.13
Omega ratio Gain probability vs. loss probability	1.40	1.21	+0.19
Calmar ratio Return relative to maximum drawdown	2.81	1.39	+1.42
Martin ratio Return relative to average drawdown	10.64	6.43	+4.20
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
FOCPX Fidelity OTC Portfolio	80	1.47	2.11	1.30	2.77	11.27
FXAIX Fidelity 500 Index Fund	50	1.00	1.52	1.23	1.53	7.30
FCNTX Fidelity Contrafund Fund	53	1.02	1.56	1.22	1.87	7.08
PRFDX T. Rowe Price Equity Income Fund	32	0.85	1.24	1.19	1.13	4.77
FDIVX Fidelity Diversified International Fund	60	1.21	1.72	1.24	1.89	7.31
FSSNX Fidelity Small Cap Index Fund	57	1.15	1.70	1.22	1.92	7.14
WFMIX Allspring Special Mid Cap Value Fund Class I	29	0.67	1.07	1.14	1.06	3.71
BARIX Baron Asset Fund Institutional Class	9	0.14	0.37	1.05	0.39	0.98
FZROX Fidelity ZERO Total Market Index Fund	50	1.00	1.53	1.23	1.54	7.32
IOO iShares Global 100 ETF	77	1.41	2.10	1.31	2.22	10.34

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.

complete XVI Sharpe ratios as of Apr 2, 2026 (values are recalculated daily):

1-Year: 1.91
5-Year: 1.14
All Time: 1.14

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 1.00 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 complete XVI 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

complete XVI provided a 3.50% dividend yield over the last twelve months.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Portfolio	3.50%	3.57%	4.29%	2.51%	3.19%	4.18%	2.43%	3.08%	3.85%	2.62%	1.73%	2.02%
Portfolio components:
FOCPX Fidelity OTC Portfolio	7.95%	7.78%	16.76%	0.05%	4.06%	11.53%	6.23%	7.58%	7.93%	4.86%	3.24%	5.41%
FXAIX Fidelity 500 Index Fund	1.16%	1.11%	1.25%	1.45%	1.69%	1.22%	1.60%	2.06%	2.72%	1.97%	2.52%	2.83%
FCNTX Fidelity Contrafund Fund	4.89%	5.21%	4.19%	3.78%	11.87%	10.80%	8.01%	4.16%	7.46%	6.08%	3.81%	5.33%
PRFDX T. Rowe Price Equity Income Fund	3.78%	3.87%	8.91%	6.19%	6.61%	8.78%	3.55%	12.53%	11.43%	8.97%	7.75%	7.48%
FDIVX Fidelity Diversified International Fund	10.53%	10.69%	3.93%	4.29%	1.34%	10.59%	0.97%	1.32%	7.32%	4.22%	1.36%	0.46%
FSSNX Fidelity Small Cap Index Fund	1.07%	1.08%	1.04%	1.43%	1.26%	3.92%	0.94%	2.96%	4.94%	3.37%	2.27%	2.66%
WFMIX Allspring Special Mid Cap Value Fund Class I	10.90%	11.24%	8.00%	5.51%	8.71%	9.87%	0.66%	7.48%	2.74%	4.41%	1.44%	4.47%
BARIX Baron Asset Fund Institutional Class	11.48%	10.59%	17.88%	3.28%	0.01%	7.26%	2.92%	1.70%	7.14%	7.01%	4.74%	11.23%
FZROX Fidelity ZERO Total Market Index Fund	1.06%	1.02%	1.16%	1.36%	1.57%	1.25%	1.27%	1.51%	0.00%	0.00%	0.00%	0.00%
IOO iShares Global 100 ETF	0.95%	0.92%	1.08%	1.49%	2.00%	1.53%	1.49%	2.02%	2.54%	2.23%	2.75%	2.89%

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 complete XVI. 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 complete XVI was 24.96%, occurring on Mar 23, 2020. Recovery took 82 trading sessions.

The current complete XVI drawdown is 7.05%.

Depth	Start	To Bottom	Bottom	To Recover	End	Total
-24.96%	Feb 20, 2020	23	Mar 23, 2020	82	Jul 20, 2020	105
-22.24%	Nov 15, 2021	232	Oct 14, 2022	272	Nov 14, 2023	504
-12.83%	Aug 30, 2018	80	Dec 24, 2018	70	Apr 5, 2019	150
-10.46%	Feb 19, 2025	35	Apr 8, 2025	22	May 9, 2025	57
-10.01%	Jan 30, 2026	41	Mar 30, 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 29 assets, with an effective number of assets of 16.12, reflecting the diversification based on asset allocation. This number of effective assets suggests that the portfolio's investments are spread across a variety of assets, indicating a well-diversified allocation. However, true diversification also depends on the correlations between assets.

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	BDMIX	VMNFX	IEI	PTTRX	GLD	FXF	SLV	GBTC	BRK-B	LVHD	LVHI	EDEN	FSZ	EWL	IYW	IDMO	FAGIX	PRFDX	XMMO	WFMIX	FOCPX	FSSNX	BARIX	FCNTX	FDIVX	IOO	FXAIX	FZROX	VTIVX	Portfolio
Benchmark	1.00	0.07	0.03	-0.06	0.03	0.07	0.10	0.20	0.33	0.62	0.61	0.61	0.58	0.59	0.64	0.89	0.71	0.81	0.80	0.81	0.81	0.91	0.82	0.84	0.93	0.81	0.95	1.00	0.99	0.96	0.86
BDMIX	0.07	1.00	0.23	-0.00	-0.00	0.01	-0.01	0.01	-0.00	0.01	-0.02	0.05	0.03	0.05	0.03	0.08	0.10	0.05	0.02	0.09	0.02	0.08	0.01	0.06	0.11	0.08	0.09	0.07	0.07	0.06	0.08
VMNFX	0.03	0.23	1.00	-0.16	-0.14	-0.10	-0.10	-0.06	-0.07	0.07	0.01	0.06	-0.05	0.02	-0.01	0.02	0.06	0.03	0.07	0.10	0.04	0.01	-0.01	-0.06	0.04	0.01	0.05	0.03	0.02	0.01	0.03
IEI	-0.06	-0.00	-0.16	1.00	0.90	0.36	0.39	0.21	-0.02	-0.13	0.07	-0.07	0.04	0.05	0.13	-0.05	0.03	0.03	-0.10	-0.05	-0.06	-0.06	-0.06	0.02	-0.05	0.02	-0.05	-0.06	-0.05	-0.00	0.05
PTTRX	0.03	-0.00	-0.14	0.90	1.00	0.35	0.35	0.21	0.02	-0.06	0.12	-0.02	0.11	0.10	0.16	0.02	0.09	0.17	-0.01	0.03	0.02	0.02	0.02	0.08	0.03	0.10	0.03	0.03	0.04	0.08	0.12
GLD	0.07	0.01	-0.10	0.36	0.35	1.00	0.44	0.77	0.12	-0.01	0.09	0.06	0.18	0.19	0.23	0.06	0.22	0.11	0.06	0.08	0.08	0.07	0.08	0.09	0.08	0.22	0.09	0.07	0.07	0.15	0.39
FXF	0.10	-0.01	-0.10	0.39	0.35	0.44	1.00	0.38	0.10	0.06	0.14	0.04	0.28	0.40	0.42	0.07	0.26	0.14	0.12	0.09	0.12	0.08	0.10	0.11	0.09	0.29	0.13	0.10	0.10	0.20	0.27
SLV	0.20	0.01	-0.06	0.21	0.21	0.77	0.38	1.00	0.20	0.07	0.15	0.18	0.26	0.26	0.29	0.18	0.32	0.21	0.18	0.19	0.18	0.20	0.20	0.18	0.20	0.33	0.23	0.20	0.20	0.27	0.52
GBTC	0.33	-0.00	-0.07	-0.02	0.02	0.12	0.10	0.20	1.00	0.16	0.15	0.20	0.24	0.23	0.23	0.33	0.29	0.28	0.26	0.31	0.26	0.34	0.34	0.31	0.33	0.31	0.32	0.33	0.34	0.34	0.53
BRK-B	0.62	0.01	0.07	-0.13	-0.06	-0.01	0.06	0.07	0.16	1.00	0.65	0.53	0.36	0.43	0.47	0.39	0.44	0.47	0.74	0.51	0.69	0.41	0.56	0.51	0.49	0.50	0.55	0.62	0.60	0.60	0.51
LVHD	0.61	-0.02	0.01	0.07	0.12	0.09	0.14	0.15	0.15	0.65	1.00	0.58	0.38	0.44	0.55	0.33	0.44	0.48	0.79	0.54	0.77	0.35	0.61	0.54	0.41	0.49	0.52	0.60	0.61	0.61	0.52
LVHI	0.61	0.05	0.06	-0.07	-0.02	0.06	0.04	0.18	0.20	0.53	0.58	1.00	0.52	0.58	0.64	0.45	0.63	0.52	0.68	0.55	0.65	0.48	0.60	0.52	0.52	0.67	0.62	0.61	0.61	0.67	0.61
EDEN	0.58	0.03	-0.05	0.04	0.11	0.18	0.28	0.26	0.24	0.36	0.38	0.52	1.00	0.64	0.68	0.52	0.70	0.56	0.50	0.54	0.52	0.55	0.53	0.58	0.57	0.75	0.60	0.59	0.59	0.66	0.64
FSZ	0.59	0.05	0.02	0.05	0.10	0.19	0.40	0.26	0.23	0.43	0.44	0.58	0.64	1.00	0.81	0.50	0.67	0.57	0.57	0.54	0.58	0.53	0.55	0.56	0.55	0.76	0.61	0.59	0.60	0.68	0.65
EWL	0.64	0.03	-0.01	0.13	0.16	0.23	0.42	0.29	0.23	0.47	0.55	0.64	0.68	0.81	1.00	0.53	0.71	0.57	0.62	0.55	0.62	0.55	0.57	0.61	0.59	0.80	0.67	0.64	0.64	0.73	0.69
IYW	0.89	0.08	0.02	-0.05	0.02	0.06	0.07	0.18	0.33	0.39	0.33	0.45	0.52	0.50	0.53	1.00	0.63	0.73	0.55	0.71	0.57	0.97	0.67	0.78	0.93	0.72	0.90	0.89	0.88	0.84	0.79
IDMO	0.71	0.10	0.06	0.03	0.09	0.22	0.26	0.32	0.29	0.44	0.44	0.63	0.70	0.67	0.71	0.63	1.00	0.65	0.62	0.68	0.63	0.66	0.64	0.66	0.70	0.88	0.73	0.71	0.71	0.79	0.77
FAGIX	0.81	0.05	0.03	0.03	0.17	0.11	0.14	0.21	0.28	0.47	0.48	0.52	0.56	0.57	0.57	0.73	0.65	1.00	0.68	0.75	0.71	0.75	0.76	0.72	0.76	0.76	0.76	0.81	0.82	0.83	0.75
PRFDX	0.80	0.02	0.07	-0.10	-0.01	0.06	0.12	0.18	0.26	0.74	0.79	0.68	0.50	0.57	0.62	0.55	0.62	0.68	1.00	0.73	0.92	0.58	0.82	0.68	0.63	0.69	0.72	0.80	0.81	0.82	0.70
XMMO	0.81	0.09	0.10	-0.05	0.03	0.08	0.09	0.19	0.31	0.51	0.54	0.55	0.54	0.54	0.55	0.71	0.68	0.75	0.73	1.00	0.79	0.74	0.86	0.81	0.77	0.72	0.73	0.81	0.84	0.82	0.76
WFMIX	0.81	0.02	0.04	-0.06	0.02	0.08	0.12	0.18	0.26	0.69	0.77	0.65	0.52	0.58	0.62	0.57	0.63	0.71	0.92	0.79	1.00	0.60	0.87	0.74	0.64	0.71	0.71	0.81	0.83	0.83	0.72
FOCPX	0.91	0.08	0.01	-0.06	0.02	0.07	0.08	0.20	0.34	0.41	0.35	0.48	0.55	0.53	0.55	0.97	0.66	0.75	0.58	0.74	0.60	1.00	0.71	0.79	0.96	0.76	0.92	0.91	0.90	0.87	0.82
FSSNX	0.82	0.01	-0.01	-0.06	0.02	0.08	0.10	0.20	0.34	0.56	0.61	0.60	0.53	0.55	0.57	0.67	0.64	0.76	0.82	0.86	0.87	0.71	1.00	0.77	0.71	0.72	0.73	0.82	0.86	0.85	0.76
BARIX	0.84	0.06	-0.06	0.02	0.08	0.09	0.11	0.18	0.31	0.51	0.54	0.52	0.58	0.56	0.61	0.78	0.66	0.72	0.68	0.81	0.74	0.79	0.77	1.00	0.81	0.74	0.76	0.84	0.86	0.83	0.77
FCNTX	0.93	0.11	0.04	-0.05	0.03	0.08	0.09	0.20	0.33	0.49	0.41	0.52	0.57	0.55	0.59	0.93	0.70	0.76	0.63	0.77	0.64	0.96	0.71	0.81	1.00	0.77	0.91	0.93	0.91	0.88	0.84
FDIVX	0.81	0.08	0.01	0.02	0.10	0.22	0.29	0.33	0.31	0.50	0.49	0.67	0.75	0.76	0.80	0.72	0.88	0.76	0.69	0.72	0.71	0.76	0.72	0.74	0.77	1.00	0.82	0.81	0.81	0.90	0.84
IOO	0.95	0.09	0.05	-0.05	0.03	0.09	0.13	0.23	0.32	0.55	0.52	0.62	0.60	0.61	0.67	0.90	0.73	0.76	0.72	0.73	0.71	0.92	0.73	0.76	0.91	0.82	1.00	0.95	0.93	0.93	0.85
FXAIX	1.00	0.07	0.03	-0.06	0.03	0.07	0.10	0.20	0.33	0.62	0.60	0.61	0.59	0.59	0.64	0.89	0.71	0.81	0.80	0.81	0.81	0.91	0.82	0.84	0.93	0.81	0.95	1.00	0.99	0.96	0.86
FZROX	0.99	0.07	0.02	-0.05	0.04	0.07	0.10	0.20	0.34	0.60	0.61	0.61	0.59	0.60	0.64	0.88	0.71	0.82	0.81	0.84	0.83	0.90	0.86	0.86	0.91	0.81	0.93	0.99	1.00	0.96	0.86
VTIVX	0.96	0.06	0.01	-0.00	0.08	0.15	0.20	0.27	0.34	0.60	0.61	0.67	0.66	0.68	0.73	0.84	0.79	0.83	0.82	0.82	0.83	0.87	0.85	0.83	0.88	0.90	0.93	0.96	0.96	1.00	0.89
Portfolio	0.86	0.08	0.03	0.05	0.12	0.39	0.27	0.52	0.53	0.51	0.52	0.61	0.64	0.65	0.69	0.79	0.77	0.75	0.70	0.76	0.72	0.82	0.76	0.77	0.84	0.84	0.85	0.86	0.86	0.89	1.00

The correlation results are calculated based on daily price changes starting from Aug 17, 2018

complete XVI

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