Summit Diversified Allocation

Asset Allocation

Position	Category/Sector	Target Weight
BND Vanguard Total Bond Market ETF	Total Bond Market	16.67%
SWRSX Schwab Treasury Inflation Protected Securities Index Fund	Inflation-Protected Bonds	16.67%
GLD SPDR Gold Shares	Gold, Precious Metals	16.67%
SLV iShares Silver Trust	Silver, Precious Metals	16.67%
VNO Vornado Realty Trust	Real Estate	16.67%
VOO Vanguard S&P 500 ETF	S&P 500	16.67%

Benchmark

S&P 500 Index

Rebalance

Portfolio Optimizer

Find the right asset allocation for Summit Diversified Allocation

Add portfolio to the optimizer to find optimal allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Summit Diversified Allocation, 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.

Loading charts...

Returns By Period

As of Jul 21, 2026, the Summit Diversified Allocation returned 2.37% Year-To-Date and 7.87% of annualized return in the last 10 years.

Position	1D	1M	6M	YTD	1Y	3Y*	5Y*	10Y*	ALL TIME*
Benchmark S&P 500 Index	-0.19%	-0.76%	7.25%	8.73%	18.21%	17.95%	11.30%	13.09%	8.08%
Portfolio Summit Diversified Allocation	-0.29%	-1.98%	-3.07%	2.37%	21.87%	21.36%	10.14%	7.87%	7.13%
Portfolio components:
BND Vanguard Total Bond Market ETF	-0.25%	-0.57%	-0.09%	0.08%	3.77%	3.82%	-0.23%	1.43%	3.03%
GLD SPDR Gold Shares	-0.22%	-5.04%	-12.74%	-7.24%	19.20%	26.36%	16.85%	11.27%	10.24%
SLV iShares Silver Trust	0.39%	-14.33%	-37.08%	-20.86%	47.30%	31.21%	16.83%	10.57%	7.03%
SWRSX Schwab Treasury Inflation Protected Securities Index Fund	0.29%	-0.03%	1.10%	1.20%	3.24%	3.82%	0.66%	2.45%	3.33%
VNO Vornado Realty Trust	-1.49%	5.10%	18.10%	19.41%	5.89%	27.13%	0.50%	-3.48%	9.75%
VOO Vanguard S&P 500 ETF	-0.14%	-0.57%	7.90%	9.44%	19.65%	19.52%	12.88%	14.98%	14.77%

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

Monthly Returns

Based on dividend-adjusted daily data since Sep 9, 2010, Summit Diversified Allocation's average daily return is +0.03%, while the average monthly return is +0.63%. At this rate, an investment would double in approximately 9.2 years.

Historically, 59% of months were positive and 41% were negative. The best month was Apr 2011 with a return of +9.0%, while the worst month was Sep 2011 at -10.5%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 4 months.

On a daily basis, Summit Diversified Allocation closed higher 54% of trading days. The best single day was Mar 24, 2020 with a return of +4.7%, while the worst single day was Jan 30, 2026 at -8.4%.

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Total
2026	4.43%	2.08%	-7.98%	3.83%	3.57%	-2.10%	-0.87%						2.37%
2025	3.76%	0.23%	0.52%	-0.66%	2.13%	3.10%	0.59%	2.91%	6.92%	0.72%	3.43%	4.59%	31.87%
2024	-1.20%	-0.09%	5.37%	-1.51%	3.48%	1.04%	4.05%	3.81%	5.76%	1.51%	0.30%	-2.22%	21.81%
2023	5.90%	-7.33%	1.70%	0.79%	-3.14%	5.26%	6.40%	0.45%	-4.92%	-1.60%	8.25%	4.54%	16.04%
2022	-2.50%	2.90%	1.06%	-6.55%	-2.77%	-6.12%	3.33%	-5.98%	-4.99%	1.46%	7.54%	-2.52%	-15.08%
2021	0.83%	0.17%	0.36%	2.97%	3.73%	-2.03%	-0.08%	-1.01%	-2.71%	3.16%	-1.64%	2.36%	6.01%

Benchmark Metrics

Summit Diversified Allocation has an annualized alpha of 2.09%, beta of 0.41, and R2 of 0.34 versus S&P 500 Index. Calculated based on daily prices since September 09, 2010.

This portfolio participated in 55.36% of S&P 500 Index downside but only 48.68% of its upside - more exposed to losses than it benefited from rallies.
Beta of 0.41 may look defensive, but with R2 of 0.34 this portfolio is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this portfolio's risk.
R2 of 0.34 means the benchmark explains less than half of this portfolio's behavior - treat beta with caution or consider switching to a more representative benchmark.

Alpha: 2.09%

Beta: 0.41

R²: 0.34

Upside Capture: 48.68%

Downside Capture: 55.36%

See how alpha, beta & R² have trended over time →

Expense Ratio

Summit Diversified Allocation has an expense ratio of 0.17%, 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.

SLV

iShares Silver Trust

GLD

SPDR Gold Shares

SWRSX

Schwab Treasury Inflation Protected Securities Index Fund

BND

Vanguard Total Bond Market ETF

VOO

Vanguard S&P 500 ETF

Return for Risk

Risk / Return Rank

Summit Diversified Allocation ranks 21 for risk / return — below 21% of Portfolios on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

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

The table below presents risk-adjusted performance metrics for Summit Diversified Allocation and compares them with S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	Portfolio	Benchmark	Difference
Sharpe ratioReturn per unit of total volatility	1.18	1.45	-0.27
Sortino ratioReturn per unit of downside risk	1.50	2.03	-0.53
Omega ratioGain probability vs. loss probability	1.23	1.26	-0.04
Calmar ratioReturn relative to maximum drawdown	1.28	2.01	-0.73
Martin ratioReturn relative to average drawdown	3.09	8.68	-5.60

How much return does each position deliver for the risk it carries? Higher values mean better reward for the risk taken.

Position	Risk / Return Rank	Sharpe ratio	Sortino ratio	Omega ratio	Calmar ratio	Martin ratio
BND Vanguard Total Bond Market ETF	36	1.02	1.51	1.18	1.41	3.81
GLD SPDR Gold Shares	24	0.69	1.03	1.15	0.73	1.71
SLV iShares Silver Trust	29	0.78	1.23	1.19	0.91	1.85
SWRSX Schwab Treasury Inflation Protected Securities Index Fund	27	1.04	1.54	1.18	1.76	5.05
VNO Vornado Realty Trust	49	0.18	0.49	1.06	0.14	0.28
VOO Vanguard S&P 500 ETF	65	1.57	2.19	1.28	2.22	9.63

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. Learn how to interpret the Sharpe ratio.

The current Summit Diversified Allocation Sharpe ratio is 1.18 as of Jul 21, 2026 (the value is recalculated daily), calculated over the past 12 months.

Compared to the broad market, where average Sharpe ratios range from 1.20 to 1.99, this portfolio's current Sharpe ratio places it in the bottom 25%. This suggests weaker risk-adjusted returns than most portfolios, possibly due to lower returns, higher volatility, or both. It may be worth reviewing the allocation. You can use the Portfolio Optimization tool to explore options for improving the Sharpe ratio.

The chart below shows the rolling Sharpe ratio of Summit Diversified Allocation compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.

Loading charts...

Dividends

Dividend yield

Summit Diversified Allocation provided a 1.89% dividend yield over the last twelve months.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Portfolio	1.89%	1.90%	1.73%	1.67%	3.74%	2.15%	1.94%	2.28%	1.97%	1.51%	1.46%	3.36%
Portfolio components:
BND Vanguard Total Bond Market ETF	4.00%	3.86%	3.67%	3.09%	2.60%	2.12%	2.38%	2.72%	2.81%	2.54%	2.51%	2.57%
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%
SLV iShares Silver Trust	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SWRSX Schwab Treasury Inflation Protected Securities Index Fund	4.42%	4.20%	3.68%	3.11%	7.95%	4.45%	1.33%	2.20%	2.87%	1.75%	1.81%	1.06%
VNO Vornado Realty Trust	1.86%	2.22%	1.76%	2.39%	10.19%	5.06%	6.37%	6.90%	4.06%	3.00%	2.41%	14.41%
VOO Vanguard S&P 500 ETF	1.08%	1.13%	1.24%	1.46%	1.69%	1.25%	1.54%	1.88%	2.06%	1.78%	2.02%	2.10%

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 charts...

Worst Drawdowns

The table below displays the maximum drawdowns of the Summit Diversified Allocation. 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 Summit Diversified Allocation was 24.33%, occurring on Oct 14, 2022. Recovery took 367 trading sessions.

The current Summit Diversified Allocation drawdown is 10.22%.

Drawdown	Fall	Recovery	Underwater	Related event
-24.33%Oct 2022	1y 4mo	1y 5mo	2y 9moJun 2021 - Apr 2024	Bear market2022
-22.54%Mar 2020	28d	4mo 6d	5mo 4dFeb 2020 - Jul 2020	COVID crash2020
-17.15%Mar 2026	1mo 25d	—	5mo 22dJan 2026 - now	—
-14.31%Jun 2013	9mo 12d	1y 6mo	2y 4moSep 2012 - Jan 2015	—
-12.17%Oct 2011	5mo 4d	11mo 16d	1y 4moMay 2011 - Sep 2012	—

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.

Loading charts...

Diversification

Diversification Metrics

Number of Effective Assets

The portfolio contains 6 assets, with an effective number of assets of 6.00, reflecting the diversification based on asset allocation. Your capital is spread almost evenly across your holdings, indicating a well-balanced allocation. Note that true diversification also depends on the correlations between assets — check the diversification ratio below.

Diversification Ratio

	1Y	3Y	5Y	10Y	All Time
Diversification Ratio	1.38	1.46	1.48	1.50	1.52

The portfolio has a diversification ratio of 1.52, in line with the typical range across portfolios. There's room to improve by adding less correlated assets.

Summit Diversified Allocation correlation to the S&P 500 Index

Summit Diversified Allocation has a 0.54 correlation to S&P 500 Index over the trailing 12 months. This section compares each holding's correlation to the benchmark and to the portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.54
Correlation (3Y) Calculated over the trailing 3-year period	0.55
Correlation (5Y) Calculated over the trailing 5-year period	0.58
Correlation (10Y) Calculated over the trailing 10-year period	0.55
Correlation (All Time) Calculated using the full available price history since Sep 9, 2010	0.53

Benchmark Correlations

Correlation vs. S&P 500 Index. VOO has the highest benchmark correlation at 1.00, while BND has the lowest at -0.07.

-0.07

-0.06

0.05

0.19

0.52

1.00

Portfolio Correlations

Correlation vs. Summit Diversified Allocation. SLV has the highest portfolio correlation at 0.76, while BND has the lowest at 0.26.

0.26

0.30

0.53

0.62

0.66

0.76

Asset Correlations Table

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

	BND	SWRSX	VNO	GLD	VOO	SLV
BND	1.00	0.77	0.05	0.31	-0.07	0.19
SWRSX	0.77	1.00	0.06	0.33	-0.06	0.22
VNO	0.05	0.06	1.00	0.05	0.52	0.13
GLD	0.31	0.33	0.05	1.00	0.05	0.79
VOO	-0.07	-0.06	0.52	0.05	1.00	0.19
SLV	0.19	0.22	0.13	0.79	0.19	1.00

The correlation results are calculated based on daily price changes starting from Sep 9, 2010

Diversification Analysis

Find what Summit Diversified Allocation is missing

See which holdings overlap, where Summit Diversified Allocation is concentrated, and which low-correlation assets could fill the gaps.

Analyze Diversification