F-start
Asset Allocation
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in F-start, 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 Quarterly
The earliest data available for this chart is Sep 27, 2017, corresponding to the inception date of BSJP
Returns By Period
| Year-To-Date | 1 month | 6 months | 1 year | 5 years (annualized) | 10 years (annualized) | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | 13.20% | -1.28% | 10.32% | 18.23% | 12.31% | 10.58% |
| F-start | 9.28% | -0.29% | 7.22% | 15.14% | 9.69% | N/A |
| Portfolio components: | ||||||
BIL SPDR Barclays 1-3 Month T-Bill ETF | 2.97% | 0.42% | 2.57% | 5.30% | 2.06% | 1.39% |
VTIP Vanguard Short-Term Inflation-Protected Securities ETF | 2.74% | 0.63% | 2.61% | 6.10% | 3.33% | 2.11% |
PRWCX T. Rowe Price Capital Appreciation Fund | 7.40% | 0.47% | 6.87% | 12.88% | 10.44% | 10.52% |
HEFA iShares Currency Hedged MSCI EAFE ETF | 11.25% | -1.31% | 8.79% | 15.81% | 10.60% | 8.82% |
SMH VanEck Vectors Semiconductor ETF | 35.28% | -9.33% | 25.65% | 51.14% | 34.52% | 28.86% |
MSFT Microsoft Corporation | 11.67% | -7.47% | 3.96% | 27.50% | 25.49% | 27.36% |
DXJ WisdomTree Japan Hedged Equity Fund | 23.08% | -3.20% | 14.25% | 33.12% | 20.26% | 12.13% |
VTI Vanguard Total Stock Market ETF | 13.14% | -0.48% | 10.85% | 20.07% | 13.36% | 12.04% |
MO Altria Group, Inc. | 28.96% | 7.42% | 29.41% | 19.40% | 8.46% | 8.37% |
VZ Verizon Communications Inc. | 11.29% | -1.01% | -2.69% | 27.73% | -1.71% | 2.46% |
T AT&T Inc. | 19.89% | 3.82% | 14.49% | 41.30% | 0.67% | 2.66% |
BSJP Invesco BulletShares 2025 High Yield Corporate Bond ETF | 4.90% | 0.79% | 3.70% | 9.62% | 4.41% | N/A |
SPG Simon Property Group, Inc. | 7.43% | 1.17% | 7.95% | 28.52% | 4.73% | 3.58% |
BRK-B Berkshire Hathaway Inc. | 21.49% | 5.61% | 12.43% | 24.04% | 15.64% | 12.96% |
Monthly Returns
The table below presents the monthly returns of F-start, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.82% | 2.63% | 2.30% | -1.82% | 2.86% | 1.64% | 9.28% | ||||||
| 2023 | 4.11% | -0.75% | 2.53% | 0.99% | 0.28% | 2.97% | 1.32% | -0.52% | -1.67% | -0.54% | 4.88% | 2.60% | 17.18% |
| 2022 | -2.13% | -0.83% | 1.04% | -3.66% | 0.87% | -4.74% | 4.95% | -2.83% | -5.16% | 3.68% | 4.48% | -2.44% | -7.22% |
| 2021 | 0.05% | 2.16% | 2.75% | 2.07% | 0.77% | 0.89% | 0.98% | 1.41% | -1.67% | 3.01% | -0.55% | 2.48% | 15.18% |
| 2020 | 0.04% | -3.55% | -6.94% | 5.83% | 2.06% | 1.55% | 2.16% | 2.89% | -1.29% | -0.83% | 6.56% | 2.10% | 10.24% |
| 2019 | 4.06% | 2.06% | 1.56% | 2.12% | -3.06% | 3.47% | 0.65% | -0.57% | 1.23% | 1.46% | 1.85% | 1.98% | 17.95% |
| 2018 | 2.20% | -2.01% | -0.52% | -0.03% | 0.97% | 0.26% | 1.92% | 1.41% | 0.39% | -2.87% | 1.01% | -3.70% | -1.18% |
| 2017 | 0.24% | 1.49% | 1.07% | 0.84% | 3.69% |
Expense Ratio
F-start features an expense ratio of 0.28%, falling within the medium range. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of F-start is 92, placing it in the top 8% of portfolios on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
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.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|
BIL SPDR Barclays 1-3 Month T-Bill ETF | 20.95 | 338.77 | 240.55 | 488.80 | 5,520.12 |
VTIP Vanguard Short-Term Inflation-Protected Securities ETF | 2.61 | 4.69 | 1.56 | 2.17 | 23.40 |
PRWCX T. Rowe Price Capital Appreciation Fund | 1.62 | 2.34 | 1.29 | 1.84 | 6.50 |
HEFA iShares Currency Hedged MSCI EAFE ETF | 1.74 | 2.49 | 1.30 | 2.40 | 8.29 |
SMH VanEck Vectors Semiconductor ETF | 1.79 | 2.36 | 1.30 | 3.28 | 8.79 |
MSFT Microsoft Corporation | 1.00 | 1.41 | 1.18 | 1.55 | 6.20 |
DXJ WisdomTree Japan Hedged Equity Fund | 2.12 | 2.89 | 1.35 | 3.77 | 12.65 |
VTI Vanguard Total Stock Market ETF | 1.62 | 2.29 | 1.28 | 1.37 | 5.98 |
MO Altria Group, Inc. | 1.15 | 1.56 | 1.24 | 0.93 | 3.82 |
VZ Verizon Communications Inc. | 1.13 | 1.83 | 1.23 | 0.61 | 5.71 |
T AT&T Inc. | 1.81 | 2.73 | 1.32 | 0.96 | 10.06 |
BSJP Invesco BulletShares 2025 High Yield Corporate Bond ETF | 3.55 | 6.04 | 1.80 | 9.79 | 40.79 |
SPG Simon Property Group, Inc. | 1.24 | 1.85 | 1.23 | 0.88 | 4.25 |
BRK-B Berkshire Hathaway Inc. | 1.98 | 2.86 | 1.34 | 2.36 | 7.03 |
Dividends
Dividend yield
F-start granted a 3.74% dividend yield in the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| F-start | 3.74% | 3.84% | 6.88% | 4.10% | 3.29% | 3.70% | 3.98% | 3.04% | 1.89% | 3.67% | 3.91% | 2.24% |
| Portfolio components: | ||||||||||||
BIL SPDR Barclays 1-3 Month T-Bill ETF | 5.22% | 4.92% | 1.35% | 0.00% | 0.30% | 2.05% | 1.66% | 0.68% | 0.07% | 0.00% | 0.00% | 0.00% |
VTIP Vanguard Short-Term Inflation-Protected Securities ETF | 3.49% | 3.36% | 6.84% | 4.68% | 1.20% | 1.95% | 2.45% | 1.52% | 0.76% | 0.00% | 0.82% | 0.05% |
PRWCX T. Rowe Price Capital Appreciation Fund | 3.86% | 4.15% | 9.44% | 9.23% | 7.97% | 5.83% | 7.46% | 6.82% | 3.51% | 9.86% | 10.03% | 6.00% |
HEFA iShares Currency Hedged MSCI EAFE ETF | 2.90% | 3.02% | 25.14% | 3.06% | 2.10% | 5.37% | 4.59% | 2.55% | 3.17% | 3.54% | 3.39% | 0.00% |
SMH VanEck Vectors Semiconductor ETF | 0.44% | 0.60% | 2.37% | 1.02% | 1.38% | 6.00% | 3.75% | 2.85% | 1.61% | 4.28% | 2.31% | 3.11% |
MSFT Microsoft Corporation | 0.70% | 0.74% | 1.06% | 0.68% | 0.94% | 1.20% | 1.69% | 1.86% | 2.37% | 2.33% | 2.48% | 2.59% |
DXJ WisdomTree Japan Hedged Equity Fund | 2.27% | 3.44% | 3.02% | 2.64% | 2.53% | 2.47% | 2.92% | 2.30% | 1.98% | 5.95% | 11.61% | 2.44% |
VTI Vanguard Total Stock Market ETF | 1.37% | 1.44% | 1.66% | 1.21% | 1.42% | 1.78% | 2.04% | 1.71% | 1.92% | 1.98% | 1.76% | 1.74% |
MO Altria Group, Inc. | 7.87% | 9.52% | 8.05% | 7.43% | 8.29% | 6.57% | 6.07% | 3.56% | 3.48% | 3.73% | 4.06% | 4.79% |
VZ Verizon Communications Inc. | 6.66% | 6.96% | 6.53% | 4.85% | 4.21% | 3.95% | 4.22% | 4.39% | 4.26% | 4.79% | 4.57% | 4.22% |
T AT&T Inc. | 5.78% | 6.62% | 6.66% | 8.45% | 7.23% | 5.22% | 7.01% | 5.04% | 4.51% | 5.46% | 5.48% | 5.12% |
BSJP Invesco BulletShares 2025 High Yield Corporate Bond ETF | 7.05% | 7.07% | 5.37% | 4.27% | 4.96% | 5.49% | 5.84% | 1.32% | 0.00% | 0.00% | 0.00% | 0.00% |
SPG Simon Property Group, Inc. | 5.19% | 5.22% | 5.87% | 3.66% | 7.04% | 5.57% | 4.70% | 4.16% | 3.66% | 3.11% | 2.74% | 3.06% |
BRK-B Berkshire Hathaway Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 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.
Worst Drawdowns
The table below displays the maximum drawdowns of the F-start. 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 F-start was 18.17%, occurring on Mar 23, 2020. Recovery took 99 trading sessions.
The current F-start drawdown is 1.96%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -18.17% | Feb 20, 2020 | 23 | Mar 23, 2020 | 99 | Aug 12, 2020 | 122 |
| -12.67% | Jan 5, 2022 | 194 | Oct 12, 2022 | 160 | Jun 2, 2023 | 354 |
| -8.5% | Sep 24, 2018 | 64 | Dec 24, 2018 | 41 | Feb 25, 2019 | 105 |
| -4.97% | Jan 29, 2018 | 9 | Feb 8, 2018 | 115 | Jul 25, 2018 | 124 |
| -3.81% | Sep 3, 2020 | 14 | Sep 23, 2020 | 13 | Oct 12, 2020 | 27 |
Volatility
Volatility Chart
The current F-start volatility is 1.74%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Diversification
Asset Correlations Table
| BIL | VTIP | MO | VZ | T | SPG | MSFT | SMH | DXJ | BSJP | BRK-B | HEFA | PRWCX | VTI | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BIL | 1.00 | -0.01 | 0.01 | 0.02 | 0.02 | 0.00 | 0.02 | 0.03 | 0.01 | 0.02 | 0.00 | 0.02 | 0.01 | 0.01 |
| VTIP | -0.01 | 1.00 | 0.09 | 0.06 | 0.07 | 0.12 | 0.08 | 0.07 | -0.04 | 0.24 | 0.05 | 0.04 | 0.18 | 0.14 |
| MO | 0.01 | 0.09 | 1.00 | 0.37 | 0.39 | 0.35 | 0.15 | 0.13 | 0.28 | 0.28 | 0.41 | 0.33 | 0.33 | 0.34 |
| VZ | 0.02 | 0.06 | 0.37 | 1.00 | 0.65 | 0.27 | 0.17 | 0.11 | 0.25 | 0.24 | 0.40 | 0.30 | 0.34 | 0.32 |
| T | 0.02 | 0.07 | 0.39 | 0.65 | 1.00 | 0.36 | 0.17 | 0.19 | 0.35 | 0.32 | 0.47 | 0.40 | 0.41 | 0.41 |
| SPG | 0.00 | 0.12 | 0.35 | 0.27 | 0.36 | 1.00 | 0.26 | 0.33 | 0.40 | 0.42 | 0.45 | 0.47 | 0.50 | 0.53 |
| MSFT | 0.02 | 0.08 | 0.15 | 0.17 | 0.17 | 0.26 | 1.00 | 0.68 | 0.44 | 0.52 | 0.42 | 0.58 | 0.74 | 0.75 |
| SMH | 0.03 | 0.07 | 0.13 | 0.11 | 0.19 | 0.33 | 0.68 | 1.00 | 0.54 | 0.56 | 0.44 | 0.66 | 0.70 | 0.78 |
| DXJ | 0.01 | -0.04 | 0.28 | 0.25 | 0.35 | 0.40 | 0.44 | 0.54 | 1.00 | 0.47 | 0.54 | 0.82 | 0.60 | 0.66 |
| BSJP | 0.02 | 0.24 | 0.28 | 0.24 | 0.32 | 0.42 | 0.52 | 0.56 | 0.47 | 1.00 | 0.50 | 0.60 | 0.69 | 0.70 |
| BRK-B | 0.00 | 0.05 | 0.41 | 0.40 | 0.47 | 0.45 | 0.42 | 0.44 | 0.54 | 0.50 | 1.00 | 0.62 | 0.66 | 0.68 |
| HEFA | 0.02 | 0.04 | 0.33 | 0.30 | 0.40 | 0.47 | 0.58 | 0.66 | 0.82 | 0.60 | 0.62 | 1.00 | 0.77 | 0.82 |
| PRWCX | 0.01 | 0.18 | 0.33 | 0.34 | 0.41 | 0.50 | 0.74 | 0.70 | 0.60 | 0.69 | 0.66 | 0.77 | 1.00 | 0.93 |
| VTI | 0.01 | 0.14 | 0.34 | 0.32 | 0.41 | 0.53 | 0.75 | 0.78 | 0.66 | 0.70 | 0.68 | 0.82 | 0.93 | 1.00 |