Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
VTI Vanguard Total Stock Market ETF | Large Cap Blend Equities | 50% |
BNDX Vanguard Total International Bond ETF | Global Bonds | 15% |
VGSH Vanguard Short-Term Treasury ETF | Government Bonds, Short-Term Bond | 15% |
SPHY SPDR Portfolio High Yield Bond ETF | High Yield Bonds | 10% |
MAIN Main Street Capital Corporation | Financial Services | 10% |
Find the right asset allocation for 4 ETFs and a BDC Portfolio
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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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Returns By Period
As of Jun 6, 2026, the 4 ETFs and a BDC Portfolio returned 3.71% Year-To-Date and 10.13% of annualized return in the last 10 years.
| Position | 1D | 1M | YTD | 6M | 1Y | 3Y* | 5Y* | 10Y* |
|---|---|---|---|---|---|---|---|---|
Benchmark S&P 500 Index | 0.30% | 0.09% | 8.18% | 8.17% | 23.42% | 19.88% | 11.91% | 13.45% |
Portfolio 4 ETFs and a BDC Portfolio | 0.12% | -0.26% | 3.71% | 3.62% | 13.50% | 14.49% | 8.30% | 10.13% |
| Portfolio components: | ||||||||
BNDX Vanguard Total International Bond ETF | -0.12% | -0.16% | 0.37% | 0.55% | 1.86% | 4.01% | 0.25% | 1.65% |
MAIN Main Street Capital Corporation | -0.35% | -4.41% | -12.08% | -13.81% | -3.91% | 17.77% | 12.53% | 12.99% |
SPHY SPDR Portfolio High Yield Bond ETF | 0.09% | -0.18% | 1.32% | 1.93% | 6.98% | 8.78% | 4.29% | 5.03% |
VGSH Vanguard Short-Term Treasury ETF | 0.00% | -0.20% | 0.36% | 0.76% | 3.41% | 4.14% | 1.79% | 1.71% |
VTI Vanguard Total Stock Market ETF | 0.30% | 0.44% | 9.05% | 8.94% | 24.96% | 21.05% | 12.25% | 14.84% |
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 +0.81%. At this rate, an investment would double in approximately 7.2 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% | 6.07% | 2.11% | -1.25% | 3.71% | ||||||
| 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 1.89%, 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 65.71% of S&P 500 Index downside but only 64.77% 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
- 1.89%
- Beta
- 0.61
- R²
- 0.94
- Upside Capture
- 64.77%
- Downside Capture
- 65.71%
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 24 for risk / return — below 24% 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
The table below presents risk-adjusted performance metrics for 4 ETFs and a BDC Portfolio and compares them with S&P 500 Index.
| Portfolio | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | 1.66 | 1.94 | -0.28 |
| Sortino ratioReturn per unit of downside risk | 2.35 | 2.63 | -0.27 |
| Omega ratioGain probability vs. loss probability | 1.30 | 1.35 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.99 | 2.59 | -0.59 |
| Martin ratioReturn relative to average drawdown | 8.67 | 11.84 | -3.17 |
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.
| Position | Risk / Return Rank | Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio |
|---|---|---|---|---|---|---|
BNDX Vanguard Total International Bond ETF | 18 | 0.54 | 0.79 | 1.10 | 0.64 | 1.79 |
MAIN Main Street Capital Corporation | 34 | -0.16 | -0.05 | 0.99 | -0.17 | -0.36 |
SPHY SPDR Portfolio High Yield Bond ETF | 69 | 1.90 | 2.88 | 1.38 | 2.90 | 13.14 |
VGSH Vanguard Short-Term Treasury ETF | 88 | 2.69 | 4.44 | 1.57 | 3.88 | 15.29 |
VTI Vanguard Total Stock Market ETF | 68 | 2.02 | 2.73 | 1.36 | 2.81 | 12.85 |
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Dividends
Dividend yield
4 ETFs and a BDC Portfolio provided a 3.34% dividend yield over the last twelve months.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 3.34% | 3.26% | 3.37% | 3.46% | 2.68% | 2.35% | 2.40% | 2.99% | 2.99% | 2.54% | 2.54% | 2.68% |
| Portfolio components: | ||||||||||||
BNDX Vanguard Total International Bond ETF | 4.50% | 4.39% | 4.18% | 4.42% | 1.51% | 3.74% | 1.11% | 3.40% | 3.01% | 2.23% | 1.89% | 1.63% |
MAIN Main Street Capital Corporation | 8.35% | 7.00% | 7.02% | 8.55% | 7.97% | 5.74% | 6.99% | 6.76% | 8.43% | 7.49% | 7.42% | 9.15% |
SPHY SPDR Portfolio High Yield Bond ETF | 7.28% | 7.38% | 7.80% | 7.30% | 6.47% | 5.13% | 5.63% | 5.73% | 4.09% | 4.41% | 4.27% | 4.29% |
VGSH Vanguard Short-Term Treasury ETF | 3.88% | 4.00% | 4.18% | 3.31% | 1.15% | 0.66% | 1.74% | 2.28% | 1.79% | 1.10% | 0.84% | 0.69% |
VTI Vanguard Total Stock Market ETF | 1.03% | 1.12% | 1.27% | 1.44% | 1.66% | 1.21% | 1.42% | 1.78% | 2.04% | 1.71% | 1.92% | 1.98% |
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 1.67%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -26.66%Mar 2020 | 1mo 2d | 4mo 20d | 5mo 22dFeb 2020 - Aug 2020 |
Bear market2022 | -19.26%Oct 2022 | 11mo 7d | 1y 2mo | 2y 1moNov 2021 - Dec 2023 |
2025 selloff2025 | -12.27%Apr 2025 | 1mo 17d | 2mo 17d | 4mo 4dFeb 2025 - Jun 2025 |
Rate-hike selloffLate 2018 | -11.54%Dec 2018 | 3mo 26d | 2mo 21d | 6mo 17dAug 2018 - Mar 2019 |
2016 pullback2016 | -8.59%Feb 2016 | 2mo 11d | 2mo 2d | 4mo 13dDec 2015 - Apr 2016 |
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. Your allocation shows noticeable concentration: a few holdings carry significantly more weight than the rest. Rebalancing toward more even weights — or adding less correlated assets — could reduce risk.
Diversification Ratio
1Y | 3Y | 5Y | 10Y | All Time | |
|---|---|---|---|---|---|
Diversification Ratio | 1.20 | 1.17 | 1.16 | 1.16 | 1.17 |
The portfolio has a diversification ratio of 1.17, placing it in the bottom quartile across portfolios — positions are highly correlated. Consider adding assets from different classes or sectors to reduce risk.
4 ETFs and a BDC Portfolio correlation to the S&P 500 Index
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.93 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.95 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.96 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.96 |
Correlation (All Time) Calculated using the full available price history since Jun 5, 2013 | 0.95 |
Benchmark Correlations
Correlation vs. S&P 500 Index. VTI has the highest benchmark correlation at 0.99, while VGSH has the lowest at -0.11.
Asset Correlations Table
Find what 4 ETFs and a BDC Portfolio is missing
See which holdings overlap, where 4 ETFs and a BDC Portfolio is concentrated, and which low-correlation assets could fill the gaps.
Analyze Diversification