Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
BNDX Vanguard Total International Bond ETF | Global Bonds | 15% |
MAIN Main Street Capital Corporation | Financial Services | 10% |
SPHY SPDR Portfolio High Yield Bond ETF | High Yield Bonds | 10% |
VGSH Vanguard Short-Term Treasury ETF | Government Bonds, Short-Term Bond | 15% |
VTI Vanguard Total Stock Market ETF | Large Cap Blend Equities | 50% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in 4 ETFs and a BDC Portfolio, 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 Jun 4, 2013, corresponding to the inception date of BNDX
Returns By Period
As of Apr 2, 2026, the 4 ETFs and a BDC Portfolio returned -2.59% Year-To-Date and 9.72% 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 4 ETFs and a BDC Portfolio | 0.24% | -2.56% | -2.59% | -1.73% | 10.49% | 13.05% | 7.63% | 9.72% |
| Portfolio components: | ||||||||
VTI Vanguard Total Stock Market ETF | 0.16% | -3.26% | -3.13% | -1.24% | 17.86% | 18.10% | 10.66% | 13.75% |
BNDX Vanguard Total International Bond ETF | -0.10% | -1.55% | -0.08% | 0.10% | 2.63% | 3.79% | 0.18% | 1.74% |
SPHY SPDR Portfolio High Yield Bond ETF | 0.22% | -0.22% | 0.15% | 1.27% | 7.25% | 8.56% | 4.41% | 5.33% |
MAIN Main Street Capital Corporation | 1.39% | -7.08% | -11.22% | -14.68% | -1.57% | 19.10% | 14.06% | 13.84% |
VGSH Vanguard Short-Term Treasury ETF | 0.09% | -0.23% | 0.34% | 1.33% | 3.82% | 3.98% | 1.80% | 1.74% |
Monthly Returns
Based on dividend-adjusted daily data since Jun 5, 2013, 4 ETFs and a BDC Portfolio's average daily return is +0.04%, while the average monthly return is +0.78%. At this rate, your investment would double in approximately 7.4 years.
Historically, 66% of months were positive and 34% were negative. The best month was Apr 2020 with a return of +10.1%, while the worst month was Mar 2020 at -12.4%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 3 months.
On a daily basis, 4 ETFs and a BDC Portfolio closed higher 56% of trading days. The best single day was Apr 9, 2025 with a return of +5.8%, while the worst single day was Mar 16, 2020 at -7.6%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.58% | -1.06% | -3.52% | 0.46% | -2.59% | ||||||||
| 2025 | 2.37% | -0.77% | -3.76% | -0.47% | 3.90% | 3.43% | 2.13% | 1.76% | 1.59% | 0.29% | 0.46% | 0.48% | 11.76% |
| 2024 | 1.09% | 2.67% | 2.47% | -2.00% | 2.55% | 2.20% | 1.85% | 1.12% | 1.75% | -0.38% | 4.69% | -1.00% | 18.21% |
| 2023 | 5.06% | -0.87% | 1.45% | 0.97% | -0.10% | 3.72% | 2.62% | -1.28% | -2.65% | -1.94% | 6.68% | 4.26% | 18.92% |
| 2022 | -3.68% | -1.64% | 0.69% | -5.95% | -0.50% | -4.89% | 7.60% | -3.61% | -7.61% | 5.47% | 3.83% | -3.81% | -14.31% |
| 2021 | -0.26% | 2.94% | 2.73% | 3.52% | -0.05% | 1.48% | 1.21% | 1.58% | -2.51% | 3.92% | -0.53% | 2.13% | 17.18% |
Benchmark Metrics
4 ETFs and a BDC Portfolio has an annualized alpha of 2.00%, beta of 0.61, and R² of 0.94 versus S&P 500 Index. Calculated based on daily prices since June 05, 2013.
- This portfolio participated in 65.83% of S&P 500 Index downside but only 65.64% of its upside — more exposed to losses than it benefited from rallies.
- Beta of 0.61 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
- 2.00%
- Beta
- 0.61
- R²
- 0.94
- Upside Capture
- 65.64%
- Downside Capture
- 65.83%
Expense Ratio
4 ETFs and a BDC Portfolio has an expense ratio of 0.04%, 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.
Return for Risk
Risk / Return Rank
4 ETFs and a BDC Portfolio ranks 25 for risk / return — below 25% 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.
Return / Risk — by metrics
| Portfolio | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.91 | 0.88 | +0.03 |
Sortino ratioReturn per unit of downside risk | 1.37 | 1.37 | 0.00 |
Omega ratioGain probability vs. loss probability | 1.20 | 1.21 | 0.00 |
Calmar ratioReturn relative to maximum drawdown | 1.38 | 1.39 | -0.01 |
Martin ratioReturn relative to average drawdown | 5.80 | 6.43 | -0.63 |
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 | |
|---|---|---|---|---|---|---|
VTI Vanguard Total Stock Market ETF | 54 | 0.94 | 1.47 | 1.22 | 1.53 | 7.16 |
BNDX Vanguard Total International Bond ETF | 34 | 0.82 | 1.15 | 1.15 | 0.89 | 3.55 |
SPHY SPDR Portfolio High Yield Bond ETF | 72 | 1.33 | 1.96 | 1.31 | 1.82 | 9.48 |
MAIN Main Street Capital Corporation | 34 | -0.06 | 0.09 | 1.01 | -0.10 | -0.23 |
VGSH Vanguard Short-Term Treasury ETF | 96 | 2.67 | 4.30 | 1.58 | 4.26 | 16.01 |
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Dividends
Dividend yield
4 ETFs and a BDC Portfolio provided a 3.39% dividend yield over the last twelve months.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 3.39% | 3.26% | 3.37% | 3.46% | 2.68% | 2.35% | 2.40% | 2.99% | 2.99% | 2.54% | 2.54% | 2.68% |
| Portfolio components: | ||||||||||||
VTI Vanguard Total Stock Market ETF | 1.16% | 1.12% | 1.27% | 1.44% | 1.66% | 1.21% | 1.42% | 1.78% | 2.04% | 1.71% | 1.92% | 1.98% |
BNDX Vanguard Total International Bond ETF | 4.47% | 4.39% | 4.18% | 4.42% | 1.51% | 3.74% | 1.11% | 3.40% | 3.01% | 2.23% | 1.89% | 1.63% |
SPHY SPDR Portfolio High Yield Bond ETF | 7.36% | 7.38% | 7.80% | 7.30% | 6.47% | 5.13% | 5.63% | 5.73% | 4.09% | 4.41% | 4.27% | 4.29% |
MAIN Main Street Capital Corporation | 8.09% | 7.00% | 7.02% | 8.55% | 7.97% | 5.74% | 6.99% | 6.76% | 8.43% | 7.49% | 7.42% | 9.15% |
VGSH Vanguard Short-Term Treasury ETF | 3.92% | 4.00% | 4.18% | 3.31% | 1.15% | 0.66% | 1.74% | 2.28% | 1.79% | 1.10% | 0.84% | 0.69% |
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 ETFs and a BDC Portfolio. 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 ETFs and a BDC Portfolio was 26.66%, occurring on Mar 23, 2020. Recovery took 97 trading sessions.
The current 4 ETFs and a BDC Portfolio drawdown is 4.81%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -26.66% | Feb 20, 2020 | 23 | Mar 23, 2020 | 97 | Aug 10, 2020 | 120 |
| -19.26% | Nov 9, 2021 | 233 | Oct 12, 2022 | 294 | Dec 13, 2023 | 527 |
| -12.27% | Feb 20, 2025 | 34 | Apr 8, 2025 | 52 | Jun 24, 2025 | 86 |
| -11.54% | Aug 30, 2018 | 80 | Dec 24, 2018 | 55 | Mar 15, 2019 | 135 |
| -8.59% | Dec 2, 2015 | 49 | Feb 11, 2016 | 42 | Apr 13, 2016 | 91 |
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 5 assets, with an effective number of assets of 3.17, reflecting the diversification based on asset allocation. This number of effective assets suggests a highly concentrated portfolio, where a few assets dominate the allocation, potentially increasing the portfolio's risk due to lack of diversification.
Asset Correlations Table
| Benchmark | BNDX | VGSH | MAIN | SPHY | VTI | Portfolio | |
|---|---|---|---|---|---|---|---|
| Benchmark | 1.00 | 0.01 | -0.12 | 0.51 | 0.48 | 0.99 | 0.96 |
| BNDX | 0.01 | 1.00 | 0.53 | -0.01 | 0.21 | 0.01 | 0.09 |
| VGSH | -0.12 | 0.53 | 1.00 | -0.09 | 0.14 | -0.12 | -0.05 |
| MAIN | 0.51 | -0.01 | -0.09 | 1.00 | 0.29 | 0.52 | 0.67 |
| SPHY | 0.48 | 0.21 | 0.14 | 0.29 | 1.00 | 0.49 | 0.55 |
| VTI | 0.99 | 0.01 | -0.12 | 0.52 | 0.49 | 1.00 | 0.97 |
| Portfolio | 0.96 | 0.09 | -0.05 | 0.67 | 0.55 | 0.97 | 1.00 |