4/2025 [I]

Performance

Risk-Adjusted Performance

Dividends

Drawdowns

Volatility

Diversification

4/2025 [I]

Currency in USD · Last updated Jun 3, 2025

Recession-proof

Asset Allocation

Position	Category/Sector	Target Weight
CAH Cardinal Health, Inc.	Healthcare	6.67%
COP ConocoPhillips Company	Energy	6.67%
CVX Chevron Corporation	Energy	6.67%
DGX Quest Diagnostics Incorporated	Healthcare	6.67%
ENB Enbridge Inc.	Energy	6.67%
GD General Dynamics Corporation		6.67%
LMT Lockheed Martin Corporation	Industrials	6.67%
MCK McKesson Corporation	Healthcare	6.67%
MET MetLife, Inc.	Financial Services	6.67%
MKL Markel Corporation	Financial Services	6.67%
NOC Northrop Grumman Corporation	Industrials	6.67%
PGR The Progressive Corporation	Financial Services	6.67%
T AT&T Inc.	Communication Services	6.67%
TMUS T-Mobile US, Inc.	Communication Services	6.67%
VZ Verizon Communications Inc.	Communication Services	6.67%

Benchmark

S&P 500

Rebalance

Performance

Performance Chart

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The earliest data available for this chart is Apr 19, 2007, corresponding to the inception date of TMUS

Returns By Period

As of Jun 3, 2025, the 4/2025 [I] returned 11.48% Year-To-Date and 13.08% of annualized return in the last 10 years.

	YTD	1M	6M	1Y	5Y*	10Y*
^GSPC S&P 500	1.51%	4.99%	-1.31%	13.00%	13.92%	11.05%
4/2025 [I]	11.60%	1.02%	4.90%	21.47%	17.98%	13.09%
Portfolio components:
VZ Verizon Communications Inc.	13.40%	0.21%	3.46%	14.22%	0.45%	4.49%
TMUS T-Mobile US, Inc.	11.27%	-1.65%	0.31%	42.87%	20.15%	20.08%
T AT&T Inc.	25.70%	1.27%	20.57%	63.37%	10.84%	8.29%
MET MetLife, Inc.	-2.58%	1.87%	-6.94%	13.38%	18.69%	7.80%
MKL Markel Corporation	13.41%	4.30%	12.20%	20.03%	14.81%	9.64%
PGR The Progressive Corporation	22.31%	1.57%	11.60%	40.09%	32.16%	29.65%
MCK McKesson Corporation	25.70%	1.01%	15.93%	25.29%	35.87%	12.63%
DGX Quest Diagnostics Incorporated	16.74%	-1.99%	8.75%	26.10%	10.11%	11.25%
CAH Cardinal Health, Inc.	32.32%	3.83%	26.95%	58.80%	25.91%	8.95%
LMT Lockheed Martin Corporation	0.23%	2.26%	-5.79%	5.40%	6.38%	12.73%
GD General Dynamics Corporation	5.90%	1.10%	0.59%	-5.52%	14.59%	9.53%
NOC Northrop Grumman Corporation	5.00%	-0.18%	1.56%	10.56%	9.59%	13.83%
CVX Chevron Corporation	-1.40%	1.99%	-11.80%	-7.35%	12.53%	7.76%
COP ConocoPhillips Company	-9.87%	-3.01%	-15.72%	-20.54%	18.65%	6.64%
ENB Enbridge Inc.	14.30%	1.98%	11.51%	37.49%	15.11%	6.21%

*Annualized

Monthly Returns

The table below presents the monthly returns of 4/2025 [I], 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
2025	3.17%	5.37%	2.65%	-2.04%	1.46%	0.63%							11.60%
2024	2.76%	1.00%	4.73%	-0.82%	2.61%	-1.28%	4.73%	4.31%	0.92%	-0.81%	7.47%	-6.89%	19.48%
2023	0.84%	-4.17%	-1.09%	1.18%	-5.82%	6.06%	0.00%	0.43%	-0.66%	3.65%	4.58%	0.65%	5.14%
2022	3.23%	5.49%	5.50%	-2.83%	6.56%	-5.09%	2.47%	0.96%	-6.84%	15.86%	2.89%	-2.12%	26.95%
2021	-1.48%	5.14%	8.63%	2.88%	1.19%	0.04%	0.29%	0.09%	-1.11%	2.17%	-3.83%	8.16%	23.61%
2020	1.44%	-6.44%	-14.01%	11.70%	4.90%	-1.86%	3.38%	1.49%	-5.20%	-3.56%	13.51%	0.51%	2.70%
2019	9.21%	3.18%	-2.33%	3.90%	-1.72%	6.14%	0.78%	-0.56%	3.27%	-1.15%	3.32%	0.43%	26.59%
2018	4.08%	-4.15%	-0.22%	0.40%	-2.01%	-0.37%	2.26%	2.04%	2.92%	-7.80%	2.54%	-9.15%	-10.00%
2017	0.77%	3.44%	-0.16%	-0.80%	1.88%	0.14%	3.25%	-1.47%	3.13%	-2.35%	3.29%	2.83%	14.62%
2016	-3.50%	-0.59%	6.21%	3.48%	1.68%	2.30%	1.65%	-1.98%	0.70%	-2.64%	7.94%	1.77%	17.70%
2015	-1.12%	5.49%	-0.07%	0.91%	1.55%	-1.03%	1.46%	-5.03%	-2.99%	7.87%	-0.90%	-0.58%	5.02%
2014	-2.97%	3.33%	3.15%	0.36%	4.00%	0.74%	0.46%	1.84%	-0.94%	3.07%	0.71%	-0.60%	13.70%

Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Expense Ratio

4/2025 [I] has an expense ratio of 0.00%, meaning no management fees are charged. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.

The portfolio doesn't include any funds that charge management fees.

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

With an overall rank of 90, 4/2025 [I] is among the top 10% 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.

Overall Rank

Sharpe Ratio Rank

Sortino Ratio Rank

Omega Ratio Rank

Calmar Ratio Rank

Martin Ratio Rank

The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.

Portfolio components

	Sharpe ratio	Sortino ratio	Omega ratio	Calmar ratio	Martin ratio
VZ Verizon Communications Inc.	0.64	1.04	1.15	0.74	2.84
TMUS T-Mobile US, Inc.	1.62	2.07	1.33	3.09	7.67
T AT&T Inc.	2.76	3.46	1.50	4.05	22.64
MET MetLife, Inc.	0.46	0.80	1.12	0.63	1.96
MKL Markel Corporation	0.85	1.47	1.20	1.12	3.08
PGR The Progressive Corporation	1.64	2.22	1.32	3.39	8.58
MCK McKesson Corporation	0.92	1.42	1.24	1.18	2.89
DGX Quest Diagnostics Incorporated	1.18	1.97	1.25	1.68	7.69
CAH Cardinal Health, Inc.	2.71	3.57	1.50	3.40	16.47
LMT Lockheed Martin Corporation	0.23	0.57	1.09	0.25	0.46
GD General Dynamics Corporation	-0.25	-0.15	0.98	-0.21	-0.44
NOC Northrop Grumman Corporation	0.42	0.73	1.11	0.54	1.31
CVX Chevron Corporation	-0.30	-0.25	0.97	-0.36	-0.83
COP ConocoPhillips Company	-0.64	-0.70	0.90	-0.56	-1.61
ENB Enbridge Inc.	2.30	3.11	1.42	2.50	14.01

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.

4/2025 [I] Sharpe ratios as of Jun 3, 2025 (values are recalculated daily):

1-Year: 1.51
5-Year: 1.20
10-Year: 0.76
All Time: 0.64

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 0.59 to 1.14, 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 4/2025 [I] compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.

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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

Dividend yield

4/2025 [I] provided a 2.65% dividend yield over the last twelve months.

	TTM	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Portfolio	2.65%	2.63%	2.86%	2.79%	3.48%	3.48%	2.85%	3.16%	2.27%	2.20%	2.72%	2.55%
Portfolio components:
VZ Verizon Communications Inc.	6.16%	6.68%	6.96%	6.53%	4.86%	4.21%	3.95%	4.22%	4.39%	4.26%	4.79%	4.57%
TMUS T-Mobile US, Inc.	1.35%	1.28%	0.41%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
T AT&T Inc.	3.98%	4.88%	6.63%	7.35%	11.19%	9.58%	6.91%	9.28%	6.67%	5.98%	7.23%	7.25%
MET MetLife, Inc.	2.82%	2.65%	3.12%	2.74%	3.04%	3.88%	3.41%	4.04%	0.79%	0.00%	0.00%	0.00%
MKL Markel Corporation	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
PGR The Progressive Corporation	1.71%	0.48%	0.25%	0.31%	6.23%	2.68%	3.89%	1.86%	1.21%	2.50%	2.16%	5.53%
MCK McKesson Corporation	0.40%	0.47%	0.50%	0.54%	0.72%	0.95%	1.16%	1.32%	0.80%	0.80%	0.53%	0.46%
DGX Quest Diagnostics Incorporated	1.75%	1.96%	2.02%	2.08%	1.40%	1.85%	1.99%	2.34%	1.83%	1.72%	2.07%	1.92%
CAH Cardinal Health, Inc.	1.30%	1.28%	1.98%	2.57%	3.80%	3.62%	3.79%	4.24%	2.99%	2.41%	1.68%	1.65%
LMT Lockheed Martin Corporation	2.72%	2.62%	2.68%	2.34%	2.98%	2.76%	2.31%	3.13%	2.32%	2.71%	2.83%	2.85%
GD General Dynamics Corporation	2.09%	2.12%	2.01%	2.00%	2.24%	2.90%	2.26%	2.31%	1.61%	1.72%	2.46%	1.76%
NOC Northrop Grumman Corporation	1.74%	1.72%	1.57%	1.24%	1.59%	1.86%	1.50%	1.92%	1.27%	1.50%	1.64%	1.84%
CVX Chevron Corporation	4.79%	4.50%	4.05%	3.16%	4.52%	6.11%	3.95%	4.12%	3.45%	3.64%	4.76%	3.75%
COP ConocoPhillips Company	3.32%	2.54%	3.37%	4.20%	2.70%	4.23%	2.05%	1.86%	1.93%	1.99%	6.30%	4.11%
ENB Enbridge Inc.	5.67%	6.28%	7.29%	6.79%	6.86%	7.56%	5.57%	6.69%	4.73%	3.78%	4.41%	2.47%

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 4/2025 [I]. 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 4/2025 [I] was 46.72%, occurring on Mar 9, 2009. Recovery took 452 trading sessions.

The current 4/2025 [I] drawdown is 0.64%.

Depth	Start	To Bottom	Bottom	To Recover	End	Total
-46.72%	Nov 1, 2007	339	Mar 9, 2009	452	Dec 21, 2010	791
-35.5%	Feb 18, 2020	25	Mar 23, 2020	232	Feb 23, 2021	257
-20.26%	Jan 29, 2018	229	Dec 24, 2018	122	Jun 20, 2019	351
-19.97%	Jul 8, 2011	61	Oct 3, 2011	111	Mar 13, 2012	172
-12.87%	Jul 17, 2015	145	Feb 11, 2016	42	Apr 13, 2016	187

Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

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 15 assets, with an effective number of assets of 15.00, 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.

	^GSPC	TMUS	DGX	ENB	VZ	MCK	MKL	COP	T	LMT	CAH	PGR	NOC	CVX	MET	GD	Portfolio
^GSPC	1.00	0.46	0.47	0.50	0.45	0.48	0.54	0.54	0.50	0.48	0.51	0.55	0.49	0.59	0.68	0.61	0.79
TMUS	0.46	1.00	0.28	0.26	0.34	0.30	0.29	0.26	0.34	0.27	0.30	0.30	0.28	0.27	0.34	0.32	0.53
DGX	0.47	0.28	1.00	0.26	0.32	0.38	0.33	0.25	0.32	0.31	0.40	0.36	0.31	0.29	0.37	0.36	0.53
ENB	0.50	0.26	0.26	1.00	0.30	0.28	0.33	0.51	0.35	0.29	0.30	0.30	0.28	0.52	0.40	0.35	0.57
VZ	0.45	0.34	0.32	0.30	1.00	0.30	0.33	0.29	0.69	0.32	0.34	0.37	0.33	0.36	0.37	0.37	0.57
MCK	0.48	0.30	0.38	0.28	0.30	1.00	0.31	0.31	0.32	0.35	0.68	0.35	0.36	0.33	0.38	0.40	0.60
MKL	0.54	0.29	0.33	0.33	0.33	0.31	1.00	0.34	0.36	0.35	0.35	0.50	0.36	0.37	0.53	0.43	0.61
COP	0.54	0.26	0.25	0.51	0.29	0.31	0.34	1.00	0.33	0.33	0.32	0.33	0.33	0.79	0.49	0.43	0.65
T	0.50	0.34	0.32	0.35	0.69	0.32	0.36	0.33	1.00	0.34	0.36	0.40	0.35	0.40	0.44	0.40	0.61
LMT	0.48	0.27	0.31	0.29	0.32	0.35	0.35	0.33	0.34	1.00	0.37	0.39	0.72	0.36	0.40	0.65	0.63
CAH	0.51	0.30	0.40	0.30	0.34	0.68	0.35	0.32	0.36	0.37	1.00	0.38	0.39	0.36	0.44	0.44	0.64
PGR	0.55	0.30	0.36	0.30	0.37	0.35	0.50	0.33	0.40	0.39	0.38	1.00	0.43	0.36	0.50	0.45	0.62
NOC	0.49	0.28	0.31	0.28	0.33	0.36	0.36	0.33	0.35	0.72	0.39	0.43	1.00	0.37	0.42	0.66	0.64
CVX	0.59	0.27	0.29	0.52	0.36	0.33	0.37	0.79	0.40	0.36	0.36	0.36	0.37	1.00	0.51	0.46	0.68
MET	0.68	0.34	0.37	0.40	0.37	0.38	0.53	0.49	0.44	0.40	0.44	0.50	0.42	0.51	1.00	0.53	0.73
GD	0.61	0.32	0.36	0.35	0.37	0.40	0.43	0.43	0.40	0.65	0.44	0.45	0.66	0.46	0.53	1.00	0.72
Portfolio	0.79	0.53	0.53	0.57	0.57	0.60	0.61	0.65	0.61	0.63	0.64	0.62	0.64	0.68	0.73	0.72	1.00

The correlation results are calculated based on daily price changes starting from Apr 20, 2007

Go to the full Correlations tool for more customization options

Performance Analysis

Risk Analysis

Optimization

Factor Model

4/2025 [I]

Asset Allocation

Performance

Performance Chart

Returns By Period

Monthly Returns

Expense Ratio

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

Risk-Adjusted Performance Indicators

Dividends

Dividend yield

Drawdowns

Drawdowns Chart

Worst Drawdowns

Volatility

Volatility Chart

Diversification

Diversification Metrics

Number of Effective Assets

Asset Correlations Table

Performance Analysis

Risk Analysis

Optimization

Factor Model

Portfolios

Screeners

Community