HSA Mar 2026

Asset Allocation

Position	Category/Sector	Target Weight
GLD SPDR Gold Shares	Gold, Precious Metals	15%
SCHD Schwab U.S. Dividend Equity ETF	Dividend	10%
SCHP Schwab U.S. TIPS ETF	Inflation-Protected Bonds	5%
SPMO Invesco S&P 500 Momentum ETF	S&P 500	27%
USMV iShares MSCI USA Minimum Volatility Factor ETF	Large Cap Blend Equities	8%
VEA Vanguard FTSE Developed Markets ETF	Foreign Large Cap Equities	20%
XLP State Street Consumer Staples Select Sector SPDR ETF	Consumer Staples Equities	5%
XLU Utilities Select Sector SPDR Fund	Utilities Equities	5%
XLV State Street Health Care Select Sector SPDR ETF	Health & Biotech Equities	5%

Benchmark Against

Benchmark

S&P 500 Index

Rebalance

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in HSA Mar 2026, 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 Oct 12, 2015, corresponding to the inception date of SPMO

Returns By Period

As of Apr 3, 2026, the HSA Mar 2026 returned 2.92% Year-To-Date and 12.65% of annualized return in the last 10 years.

	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 HSA Mar 2026	-0.28%	-3.90%	2.92%	5.97%	22.80%	19.53%	12.87%	12.65%
Portfolio components:
GLD SPDR Gold Shares	-1.92%	-8.27%	8.35%	21.03%	49.02%	32.51%	21.53%	13.97%
SCHP Schwab U.S. TIPS ETF	0.45%	-0.60%	0.82%	0.63%	3.42%	3.21%	1.46%	2.60%
VEA Vanguard FTSE Developed Markets ETF	-0.77%	-2.79%	3.65%	8.84%	30.37%	16.09%	8.76%	9.49%
USMV iShares MSCI USA Minimum Volatility Factor ETF	0.74%	-3.57%	-0.44%	-0.74%	1.12%	10.38%	7.75%	9.74%
XLP State Street Consumer Staples Select Sector SPDR ETF	0.53%	-6.14%	6.01%	6.51%	3.19%	5.77%	6.56%	7.15%
XLV State Street Health Care Select Sector SPDR ETF	-0.62%	-5.95%	-4.77%	3.39%	3.55%	5.64%	6.45%	9.60%
XLU Utilities Select Sector SPDR Fund	0.50%	-0.86%	9.31%	6.98%	20.02%	14.75%	11.01%	9.89%
SCHD Schwab U.S. Dividend Equity ETF	0.16%	-2.44%	12.35%	13.88%	13.89%	11.70%	8.35%	12.30%
SPMO Invesco S&P 500 Momentum ETF	0.21%	-3.49%	-3.57%	-4.50%	22.96%	28.37%	17.71%	17.43%

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

Monthly Returns

Based on dividend-adjusted daily data since Oct 13, 2015, HSA Mar 2026's average daily return is +0.05%, while the average monthly return is +1.02%. At this rate, your investment would double in approximately 5.7 years.

Historically, 70% of months were positive and 30% were negative. The best month was Apr 2020 with a return of +8.8%, while the worst month was Mar 2020 at -8.2%. The longest winning streak lasted 14 consecutive months, and the longest losing streak was 3 months.

On a daily basis, HSA Mar 2026 closed higher 56% of trading days. The best single day was Mar 24, 2020 with a return of +7.4%, while the worst single day was Mar 16, 2020 at -9.4%.

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Total
2026	4.57%	4.59%	-6.71%	0.87%									2.92%
2025	4.37%	1.66%	-0.70%	1.17%	4.29%	3.12%	0.31%	2.79%	3.59%	0.84%	1.94%	0.42%	26.40%
2024	1.35%	4.45%	4.50%	-2.75%	4.34%	1.63%	2.52%	3.37%	1.95%	-0.98%	2.69%	-3.49%	20.95%
2023	2.72%	-4.05%	3.11%	1.91%	-4.00%	3.48%	2.26%	-1.14%	-3.18%	-0.77%	6.74%	4.48%	11.46%
2022	-4.17%	-0.73%	2.76%	-5.25%	0.64%	-6.04%	4.42%	-3.42%	-7.07%	7.43%	6.69%	-1.86%	-7.66%
2021	-1.10%	-0.81%	3.43%	3.71%	2.14%	0.67%	2.14%	2.21%	-4.02%	4.44%	-2.46%	4.82%	15.78%

Benchmark Metrics

HSA Mar 2026 has an annualized alpha of 4.20%, beta of 0.65, and R² of 0.85 versus S&P 500 Index. Calculated based on daily prices since October 13, 2015.

This portfolio participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (74.42%) than losses (64.04%) — typical of diversified or defensive assets.
This portfolio generated an annualized alpha of 4.20% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
Beta of 0.65 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: 4.20%

Beta: 0.65

R²: 0.85

Upside Capture: 74.42%

Downside Capture: 64.04%

Expense Ratio

HSA Mar 2026 has an expense ratio of 0.14%, 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.

GLD

SPDR Gold Shares

USMV

iShares MSCI USA Minimum Volatility Factor ETF

XLU

Utilities Select Sector SPDR Fund

SPMO

Invesco S&P 500 Momentum ETF

XLP

State Street Consumer Staples Select Sector SPDR ETF

XLV

State Street Health Care Select Sector SPDR ETF

SCHD

Schwab U.S. Dividend Equity ETF

SCHP

Schwab U.S. TIPS ETF

VEA

Vanguard FTSE Developed Markets ETF

Return for Risk

Risk / Return Rank

HSA Mar 2026 ranks 76 for risk / return — better than 76% of portfolios on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

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	1.66	0.88	+0.78
Sortino ratio Return per unit of downside risk	2.34	1.37	+0.97
Omega ratio Gain probability vs. loss probability	1.36	1.21	+0.15
Calmar ratio Return relative to maximum drawdown	2.51	1.39	+1.12
Martin ratio Return relative to average drawdown	10.42	6.43	+3.99
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
GLD SPDR Gold Shares	80	1.77	2.19	1.32	2.57	9.28
SCHP Schwab U.S. TIPS ETF	36	0.84	1.17	1.15	1.19	3.52
VEA Vanguard FTSE Developed Markets ETF	83	1.73	2.36	1.35	2.64	10.14
USMV iShares MSCI USA Minimum Volatility Factor ETF	13	0.09	0.21	1.03	0.15	0.65
XLP State Street Consumer Staples Select Sector SPDR ETF	16	0.23	0.43	1.05	0.30	0.71
XLV State Street Health Care Select Sector SPDR ETF	16	0.20	0.40	1.05	0.39	0.83
XLU Utilities Select Sector SPDR Fund	62	1.27	1.73	1.24	2.24	5.38
SCHD Schwab U.S. Dividend Equity ETF	40	0.89	1.34	1.19	1.09	3.69
SPMO Invesco S&P 500 Momentum ETF	58	1.01	1.55	1.23	1.91	6.68

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.

HSA Mar 2026 Sharpe ratios as of Apr 3, 2026 (values are recalculated daily):

1-Year: 1.66
5-Year: 1.08
10-Year: 0.98
All Time: 0.98

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 0.98 to 1.66, this portfolio's current Sharpe ratio falls between the 25th and 75th percentiles. This indicates that its risk-adjusted performance is in line with the majority of portfolios, suggesting a balanced approach to risk and return—likely suitable for a wide range of investors.

The chart below shows the rolling Sharpe ratio of HSA Mar 2026 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

HSA Mar 2026 provided a 1.82% dividend yield over the last twelve months.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Portfolio	1.82%	1.90%	1.82%	2.10%	2.20%	1.69%	1.62%	1.92%	1.94%	1.63%	2.05%	1.53%
Portfolio components:
GLD SPDR Gold Shares	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SCHP Schwab U.S. TIPS ETF	3.70%	4.06%	2.99%	3.02%	7.19%	4.39%	1.11%	2.02%	2.26%	1.90%	1.38%	0.28%
VEA Vanguard FTSE Developed Markets ETF	2.90%	3.22%	3.35%	3.15%	2.91%	3.16%	2.04%	3.04%	3.35%	2.77%	3.05%	2.92%
USMV iShares MSCI USA Minimum Volatility Factor ETF	1.57%	1.49%	1.67%	1.82%	1.62%	1.26%	1.81%	1.88%	2.12%	1.77%	2.22%	2.02%
XLP State Street Consumer Staples Select Sector SPDR ETF	2.66%	2.75%	2.77%	2.63%	2.47%	2.28%	2.50%	2.57%	3.04%	2.62%	2.53%	2.52%
XLV State Street Health Care Select Sector SPDR ETF	1.71%	1.60%	1.67%	1.59%	1.47%	1.33%	1.49%	2.17%	1.57%	1.47%	1.60%	1.43%
XLU Utilities Select Sector SPDR Fund	2.57%	2.71%	2.96%	3.39%	2.92%	2.79%	3.14%	2.95%	3.33%	3.33%	3.41%	3.67%
SCHD Schwab U.S. Dividend Equity ETF	3.45%	3.82%	3.64%	3.49%	3.39%	2.78%	3.16%	2.98%	3.06%	2.63%	2.89%	2.97%
SPMO Invesco S&P 500 Momentum ETF	0.88%	0.73%	0.48%	1.63%	1.66%	0.52%	1.27%	1.39%	1.05%	0.77%	1.94%	0.36%

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 HSA Mar 2026. 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 HSA Mar 2026 was 26.00%, occurring on Mar 23, 2020. Recovery took 83 trading sessions.

The current HSA Mar 2026 drawdown is 5.90%.

Depth	Start	To Bottom	Bottom	To Recover	End	Total
-26%	Feb 20, 2020	23	Mar 23, 2020	83	Jul 21, 2020	106
-18.19%	Jan 5, 2022	186	Sep 30, 2022	302	Dec 13, 2023	488
-12.73%	Jan 29, 2018	229	Dec 24, 2018	55	Mar 15, 2019	284
-10.38%	Feb 20, 2025	34	Apr 8, 2025	17	May 2, 2025	51
-9.04%	Mar 2, 2026	21	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 9 assets, with an effective number of assets of 6.18, 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

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

	Benchmark	SCHP	GLD	XLU	SPMO	XLP	XLV	VEA	SCHD	USMV	Portfolio
Benchmark	1.00	0.04	0.03	0.37	0.78	0.53	0.68	0.80	0.79	0.82	0.86
SCHP	0.04	1.00	0.40	0.22	0.05	0.12	0.06	0.09	0.02	0.13	0.19
GLD	0.03	0.40	1.00	0.16	0.06	0.07	0.04	0.19	0.02	0.08	0.32
XLU	0.37	0.22	0.16	1.00	0.30	0.58	0.39	0.33	0.45	0.61	0.51
SPMO	0.78	0.05	0.06	0.30	1.00	0.37	0.53	0.62	0.54	0.64	0.82
XLP	0.53	0.12	0.07	0.58	0.37	1.00	0.56	0.47	0.68	0.75	0.61
XLV	0.68	0.06	0.04	0.39	0.53	0.56	1.00	0.58	0.67	0.78	0.69
VEA	0.80	0.09	0.19	0.33	0.62	0.47	0.58	1.00	0.71	0.68	0.85
SCHD	0.79	0.02	0.02	0.45	0.54	0.68	0.67	0.71	1.00	0.81	0.76
USMV	0.82	0.13	0.08	0.61	0.64	0.75	0.78	0.68	0.81	1.00	0.83
Portfolio	0.86	0.19	0.32	0.51	0.82	0.61	0.69	0.85	0.76	0.83	1.00

The correlation results are calculated based on daily price changes starting from Oct 13, 2015

HSA Mar 2026

Asset Allocation

Performance

Performance Chart

Returns By Period

Monthly Returns

Benchmark Metrics

Expense Ratio

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