FMAX Moderate
Asset Allocation
Performance
Performance Chart
Loading data...
The earliest data available for this chart is Oct 22, 2012, corresponding to the inception date of IEMG
Returns By Period
As of May 21, 2025, the FMAX Moderate returned 2.31% Year-To-Date and 7.92% of annualized return in the last 10 years.
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | 1.00% | 12.45% | 0.40% | 11.91% | 15.04% | 10.82% |
| FMAX Moderate | 2.31% | 7.39% | 0.97% | 8.77% | 7.84% | 7.92% |
| Portfolio components: | ||||||
VGT Vanguard Information Technology ETF | -1.30% | 21.24% | 0.37% | 14.26% | 20.03% | 19.87% |
IVV iShares Core S&P 500 ETF | 1.48% | 12.65% | 1.07% | 13.31% | 16.76% | 12.77% |
VYM Vanguard High Dividend Yield ETF | 2.64% | 7.66% | 0.90% | 10.86% | 14.58% | 9.75% |
VIG Vanguard Dividend Appreciation ETF | 2.15% | 8.28% | 1.15% | 10.49% | 14.02% | 11.46% |
VOT Vanguard Mid-Cap Growth ETF | 6.82% | 15.37% | 4.00% | 15.97% | 12.74% | 10.31% |
VO Vanguard Mid-Cap ETF | 3.97% | 11.26% | 0.41% | 12.03% | 13.96% | 9.37% |
VBK Vanguard Small-Cap Growth ETF | -3.53% | 14.05% | -5.38% | 5.61% | 8.19% | 7.91% |
SLYV SPDR S&P 600 Small Cap Value ETF | -9.21% | 11.57% | -11.51% | -1.14% | 13.74% | 6.93% |
RNPGX American Funds New Perspective Fund Class R-6 | 7.48% | 13.90% | 3.16% | 8.58% | 9.32% | 6.47% |
MDIJX MFS International Diversification Fund | 14.05% | 9.18% | 11.37% | 11.14% | 8.89% | 5.99% |
VTIAX Vanguard Total International Stock Index Fund Admiral Shares | 13.36% | 8.84% | 11.72% | 10.61% | 11.07% | 5.31% |
IEMG iShares Core MSCI Emerging Markets ETF | 9.96% | 10.49% | 7.96% | 8.14% | 8.17% | 3.76% |
IEFA iShares Core MSCI EAFE ETF | 17.00% | 9.12% | 15.68% | 12.00% | 12.15% | 5.89% |
VCIT Vanguard Intermediate-Term Corporate Bond ETF | 2.67% | 0.92% | 2.29% | 6.53% | 0.86% | 2.84% |
SPLB SPDR Portfolio Long Term Corporate Bond ETF | -0.43% | -0.01% | -2.46% | 1.10% | -2.54% | 2.31% |
BIV Vanguard Intermediate-Term Bond ETF | 2.80% | 0.09% | 2.39% | 5.82% | -0.62% | 1.85% |
BLV Vanguard Long-Term Bond ETF | -0.33% | -1.01% | -2.62% | 0.14% | -5.26% | 1.18% |
VGLT Vanguard Long-Term Treasury ETF | -0.35% | -1.88% | -2.82% | -0.92% | -8.93% | -0.41% |
VGIT Vanguard Intermediate-Term Treasury ETF | 2.84% | -0.35% | 2.72% | 5.67% | -1.06% | 1.27% |
CASH Meta Financial Group, Inc. | 9.77% | 14.76% | 2.34% | 47.08% | 37.16% | 20.36% |
Monthly Returns
The table below presents the monthly returns of FMAX Moderate, 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 | 1.97% | 0.32% | -3.14% | -0.10% | 3.37% | 2.31% | |||||||
| 2024 | -0.44% | 1.67% | 2.27% | -4.15% | 3.69% | 1.69% | 3.09% | 1.78% | 1.91% | -2.19% | 4.73% | -3.71% | 10.37% |
| 2023 | 6.96% | -2.89% | 2.72% | 0.62% | -0.85% | 3.86% | 2.02% | -2.36% | -4.75% | -3.18% | 8.68% | 5.86% | 16.82% |
| 2022 | -4.87% | -2.19% | -0.36% | -8.01% | 0.14% | -5.79% | 6.24% | -4.08% | -8.09% | 4.03% | 6.32% | -3.85% | -19.85% |
| 2021 | -0.69% | 0.95% | 0.62% | 3.08% | 0.79% | 2.28% | 1.41% | 1.31% | -3.07% | 3.77% | -0.40% | 1.70% | 12.21% |
| 2020 | 1.42% | -3.41% | -9.03% | 8.03% | 3.79% | 2.47% | 4.42% | 2.57% | -1.79% | -0.41% | 8.53% | 3.11% | 20.01% |
| 2019 | 6.09% | 2.27% | 1.91% | 2.80% | -2.53% | 4.99% | 1.07% | 1.07% | 0.58% | 1.25% | 2.24% | 1.57% | 25.66% |
| 2018 | 2.76% | -2.98% | -0.25% | -0.56% | 2.16% | -0.37% | 1.59% | 2.19% | -0.53% | -5.47% | 0.84% | -3.69% | -4.57% |
| 2017 | 1.33% | 2.36% | 0.47% | 1.35% | 1.68% | 0.36% | 1.16% | 0.89% | 1.17% | 1.96% | 1.60% | 0.84% | 16.24% |
| 2016 | -2.45% | 0.57% | 5.36% | 0.43% | 1.02% | 1.68% | 3.49% | 0.46% | 0.27% | -1.69% | 0.29% | 1.46% | 11.20% |
| 2015 | 0.71% | 2.26% | -0.03% | -0.06% | -0.02% | -2.04% | 1.74% | -4.04% | -1.01% | 4.50% | 0.15% | -1.67% | 0.20% |
| 2014 | -0.50% | 3.26% | 0.37% | 0.40% | 1.75% | 1.64% | -1.24% | 3.29% | -2.36% | 2.23% | 1.80% | 0.06% | 11.05% |
Expense Ratio
FMAX Moderate has an expense ratio of 0.08%, 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.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FMAX Moderate is 40, indicating average performance compared to other portfolios on our website. Here’s a breakdown of how it compares using common performance measures.
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.
Loading data...
Dividends
Dividend yield
FMAX Moderate provided a 2.72% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 2.72% | 2.70% | 2.44% | 2.23% | 2.00% | 2.23% | 2.29% | 2.56% | 2.33% | 2.38% | 2.73% | 2.81% |
| Portfolio components: | ||||||||||||
VGT Vanguard Information Technology ETF | 0.52% | 0.60% | 0.65% | 0.91% | 0.64% | 0.82% | 1.11% | 1.29% | 0.99% | 1.31% | 1.28% | 1.12% |
IVV iShares Core S&P 500 ETF | 1.30% | 1.30% | 1.44% | 1.66% | 1.20% | 1.57% | 1.99% | 2.21% | 1.75% | 2.01% | 2.27% | 1.83% |
VYM Vanguard High Dividend Yield ETF | 2.84% | 2.74% | 3.12% | 3.01% | 2.76% | 3.18% | 3.03% | 3.40% | 2.80% | 2.91% | 3.22% | 2.78% |
VIG Vanguard Dividend Appreciation ETF | 1.78% | 1.73% | 1.88% | 1.96% | 1.55% | 1.63% | 1.71% | 2.08% | 1.88% | 2.14% | 2.34% | 1.95% |
VOT Vanguard Mid-Cap Growth ETF | 0.64% | 0.67% | 0.71% | 0.78% | 0.34% | 0.56% | 0.78% | 0.84% | 0.72% | 0.81% | 0.81% | 0.79% |
VO Vanguard Mid-Cap ETF | 1.51% | 1.49% | 1.52% | 1.60% | 1.12% | 1.45% | 1.48% | 1.82% | 1.35% | 1.45% | 1.47% | 1.29% |
VBK Vanguard Small-Cap Growth ETF | 0.56% | 0.54% | 0.68% | 0.55% | 0.36% | 0.44% | 0.57% | 0.79% | 0.82% | 1.08% | 0.98% | 1.01% |
SLYV SPDR S&P 600 Small Cap Value ETF | 2.55% | 2.30% | 2.11% | 1.47% | 1.94% | 1.40% | 1.66% | 2.14% | 5.53% | 2.18% | 6.55% | 7.50% |
RNPGX American Funds New Perspective Fund Class R-6 | 0.85% | 0.92% | 1.25% | 1.21% | 0.65% | 0.40% | 1.81% | 1.55% | 0.75% | 1.16% | 1.05% | 8.26% |
MDIJX MFS International Diversification Fund | 2.21% | 2.52% | 2.58% | 0.66% | 1.88% | 0.69% | 1.43% | 2.45% | 1.63% | 2.19% | 1.69% | 1.48% |
VTIAX Vanguard Total International Stock Index Fund Admiral Shares | 2.89% | 3.33% | 3.21% | 3.05% | 3.05% | 2.10% | 3.04% | 3.17% | 2.74% | 2.93% | 2.84% | 3.40% |
IEMG iShares Core MSCI Emerging Markets ETF | 2.91% | 3.20% | 2.89% | 2.71% | 3.06% | 1.87% | 3.15% | 2.76% | 2.35% | 2.28% | 2.53% | 2.30% |
IEFA iShares Core MSCI EAFE ETF | 2.97% | 3.47% | 3.20% | 2.70% | 3.32% | 1.90% | 3.18% | 3.46% | 2.57% | 2.96% | 2.63% | 3.10% |
VCIT Vanguard Intermediate-Term Corporate Bond ETF | 4.49% | 4.43% | 3.72% | 3.03% | 2.87% | 2.78% | 3.37% | 3.61% | 3.21% | 3.29% | 3.34% | 3.34% |
SPLB SPDR Portfolio Long Term Corporate Bond ETF | 5.37% | 5.20% | 4.60% | 4.53% | 3.00% | 3.01% | 3.79% | 4.50% | 4.06% | 4.34% | 4.70% | 4.25% |
BIV Vanguard Intermediate-Term Bond ETF | 3.87% | 3.79% | 3.09% | 2.41% | 3.42% | 2.95% | 2.75% | 2.88% | 2.69% | 2.38% | 3.02% | 3.96% |
BLV Vanguard Long-Term Bond ETF | 4.76% | 4.68% | 4.06% | 4.17% | 3.37% | 5.84% | 3.57% | 4.07% | 3.63% | 4.16% | 4.37% | 3.90% |
VGLT Vanguard Long-Term Treasury ETF | 4.50% | 4.33% | 3.33% | 2.84% | 1.82% | 2.15% | 2.46% | 2.71% | 2.55% | 2.69% | 3.21% | 2.75% |
VGIT Vanguard Intermediate-Term Treasury ETF | 3.75% | 3.67% | 2.72% | 1.74% | 1.69% | 2.23% | 2.24% | 2.05% | 1.67% | 1.69% | 1.69% | 1.54% |
CASH Meta Financial Group, Inc. | 0.25% | 0.27% | 0.38% | 0.46% | 0.34% | 0.55% | 0.55% | 0.96% | 0.56% | 0.88% | 1.13% | 1.48% |
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.
Loading data...
Worst Drawdowns
The table below displays the maximum drawdowns of the FMAX Moderate. 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 FMAX Moderate was 26.07%, occurring on Oct 14, 2022. Recovery took 438 trading sessions.
The current FMAX Moderate drawdown is 2.26%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -26.07% | Nov 10, 2021 | 234 | Oct 14, 2022 | 438 | Jul 16, 2024 | 672 |
| -22.72% | Feb 20, 2020 | 22 | Mar 20, 2020 | 79 | Jul 14, 2020 | 101 |
| -12.56% | Dec 9, 2024 | 82 | Apr 8, 2025 | — | — | — |
| -11.93% | Aug 30, 2018 | 80 | Dec 24, 2018 | 59 | Mar 21, 2019 | 139 |
| -9.23% | Apr 27, 2015 | 186 | Jan 20, 2016 | 61 | Apr 18, 2016 | 247 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading data...
Diversification
Diversification Metrics
Number of Effective Assets
The portfolio contains 20 assets, with an effective number of assets of 14.53, 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
| ^GSPC | BLV | BIV | SPLB | VCIT | VGIT | VGLT | CASH | IEMG | SLYV | MDIJX | VGT | IEFA | VYM | VTIAX | VBK | VIG | VOT | RNPGX | VO | IVV | Portfolio | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ^GSPC | 1.00 | -0.05 | -0.06 | 0.08 | 0.09 | -0.17 | -0.19 | 0.44 | 0.69 | 0.76 | 0.75 | 0.89 | 0.79 | 0.87 | 0.80 | 0.86 | 0.93 | 0.90 | 0.91 | 0.92 | 1.00 | 0.90 |
| BLV | -0.05 | 1.00 | 0.88 | 0.91 | 0.85 | 0.83 | 0.94 | -0.11 | -0.02 | -0.09 | 0.01 | -0.03 | -0.02 | -0.08 | -0.02 | -0.01 | -0.03 | 0.00 | -0.01 | -0.03 | -0.05 | 0.27 |
| BIV | -0.06 | 0.88 | 1.00 | 0.82 | 0.91 | 0.93 | 0.86 | -0.11 | -0.01 | -0.10 | 0.03 | -0.04 | -0.00 | -0.09 | 0.00 | -0.03 | -0.04 | -0.02 | -0.02 | -0.04 | -0.06 | 0.25 |
| SPLB | 0.08 | 0.91 | 0.82 | 1.00 | 0.85 | 0.72 | 0.83 | -0.02 | 0.08 | 0.03 | 0.12 | 0.09 | 0.10 | 0.04 | 0.10 | 0.11 | 0.09 | 0.12 | 0.11 | 0.10 | 0.08 | 0.39 |
| VCIT | 0.09 | 0.85 | 0.91 | 0.85 | 1.00 | 0.83 | 0.77 | -0.02 | 0.11 | 0.04 | 0.16 | 0.09 | 0.13 | 0.05 | 0.13 | 0.11 | 0.10 | 0.13 | 0.12 | 0.11 | 0.09 | 0.38 |
| VGIT | -0.17 | 0.83 | 0.93 | 0.72 | 0.83 | 1.00 | 0.86 | -0.16 | -0.10 | -0.18 | -0.07 | -0.14 | -0.10 | -0.19 | -0.10 | -0.13 | -0.14 | -0.12 | -0.12 | -0.15 | -0.17 | 0.12 |
| VGLT | -0.19 | 0.94 | 0.86 | 0.83 | 0.77 | 0.86 | 1.00 | -0.18 | -0.14 | -0.21 | -0.12 | -0.15 | -0.15 | -0.21 | -0.15 | -0.14 | -0.17 | -0.13 | -0.15 | -0.17 | -0.19 | 0.12 |
| CASH | 0.44 | -0.11 | -0.11 | -0.02 | -0.02 | -0.16 | -0.18 | 1.00 | 0.31 | 0.58 | 0.33 | 0.35 | 0.38 | 0.48 | 0.37 | 0.47 | 0.44 | 0.41 | 0.38 | 0.48 | 0.44 | 0.46 |
| IEMG | 0.69 | -0.02 | -0.01 | 0.08 | 0.11 | -0.10 | -0.14 | 0.31 | 1.00 | 0.58 | 0.80 | 0.64 | 0.78 | 0.63 | 0.87 | 0.64 | 0.63 | 0.66 | 0.77 | 0.68 | 0.69 | 0.70 |
| SLYV | 0.76 | -0.09 | -0.10 | 0.03 | 0.04 | -0.18 | -0.21 | 0.58 | 0.58 | 1.00 | 0.62 | 0.61 | 0.68 | 0.82 | 0.68 | 0.83 | 0.76 | 0.75 | 0.69 | 0.85 | 0.76 | 0.75 |
| MDIJX | 0.75 | 0.01 | 0.03 | 0.12 | 0.16 | -0.07 | -0.12 | 0.33 | 0.80 | 0.62 | 1.00 | 0.67 | 0.93 | 0.69 | 0.95 | 0.69 | 0.71 | 0.72 | 0.85 | 0.74 | 0.75 | 0.77 |
| VGT | 0.89 | -0.03 | -0.04 | 0.09 | 0.09 | -0.14 | -0.15 | 0.35 | 0.64 | 0.61 | 0.67 | 1.00 | 0.69 | 0.67 | 0.70 | 0.81 | 0.77 | 0.86 | 0.86 | 0.80 | 0.89 | 0.84 |
| IEFA | 0.79 | -0.02 | -0.00 | 0.10 | 0.13 | -0.10 | -0.15 | 0.38 | 0.78 | 0.68 | 0.93 | 0.69 | 1.00 | 0.76 | 0.96 | 0.72 | 0.76 | 0.74 | 0.86 | 0.78 | 0.80 | 0.79 |
| VYM | 0.87 | -0.08 | -0.09 | 0.04 | 0.05 | -0.19 | -0.21 | 0.48 | 0.63 | 0.82 | 0.69 | 0.67 | 0.76 | 1.00 | 0.75 | 0.74 | 0.92 | 0.76 | 0.75 | 0.87 | 0.87 | 0.79 |
| VTIAX | 0.80 | -0.02 | 0.00 | 0.10 | 0.13 | -0.10 | -0.15 | 0.37 | 0.87 | 0.68 | 0.95 | 0.70 | 0.96 | 0.75 | 1.00 | 0.73 | 0.75 | 0.75 | 0.88 | 0.79 | 0.80 | 0.80 |
| VBK | 0.86 | -0.01 | -0.03 | 0.11 | 0.11 | -0.13 | -0.14 | 0.47 | 0.64 | 0.83 | 0.69 | 0.81 | 0.72 | 0.74 | 0.73 | 1.00 | 0.79 | 0.95 | 0.84 | 0.93 | 0.86 | 0.87 |
| VIG | 0.93 | -0.03 | -0.04 | 0.09 | 0.10 | -0.14 | -0.17 | 0.44 | 0.63 | 0.76 | 0.71 | 0.77 | 0.76 | 0.92 | 0.75 | 0.79 | 1.00 | 0.84 | 0.82 | 0.90 | 0.93 | 0.85 |
| VOT | 0.90 | 0.00 | -0.02 | 0.12 | 0.13 | -0.12 | -0.13 | 0.41 | 0.66 | 0.75 | 0.72 | 0.86 | 0.74 | 0.76 | 0.75 | 0.95 | 0.84 | 1.00 | 0.88 | 0.95 | 0.90 | 0.89 |
| RNPGX | 0.91 | -0.01 | -0.02 | 0.11 | 0.12 | -0.12 | -0.15 | 0.38 | 0.77 | 0.69 | 0.85 | 0.86 | 0.86 | 0.75 | 0.88 | 0.84 | 0.82 | 0.88 | 1.00 | 0.86 | 0.91 | 0.87 |
| VO | 0.92 | -0.03 | -0.04 | 0.10 | 0.11 | -0.15 | -0.17 | 0.48 | 0.68 | 0.85 | 0.74 | 0.80 | 0.78 | 0.87 | 0.79 | 0.93 | 0.90 | 0.95 | 0.86 | 1.00 | 0.92 | 0.89 |
| IVV | 1.00 | -0.05 | -0.06 | 0.08 | 0.09 | -0.17 | -0.19 | 0.44 | 0.69 | 0.76 | 0.75 | 0.89 | 0.80 | 0.87 | 0.80 | 0.86 | 0.93 | 0.90 | 0.91 | 0.92 | 1.00 | 0.90 |
| Portfolio | 0.90 | 0.27 | 0.25 | 0.39 | 0.38 | 0.12 | 0.12 | 0.46 | 0.70 | 0.75 | 0.77 | 0.84 | 0.79 | 0.79 | 0.80 | 0.87 | 0.85 | 0.89 | 0.87 | 0.89 | 0.90 | 1.00 |