Dividend Portfolio

Asset Allocation

Position	Category/Sector	Target Weight
SCHD Schwab U.S. Dividend Equity ETF	Dividend	25%
FDVV Fidelity High Dividend ETF	Large Cap Blend Equities, Dividend	25%
VYM Vanguard High Dividend Yield ETF	Dividend	25%
SPYD State Street SPDR Portfolio S&P 500 High Dividend ETF	S&P 500, Dividend	25%

Benchmark Against

Benchmark

S&P 500 Index

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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Dividend 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 never rebalanced.

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Returns By Period

Position	1D	1M	YTD	6M	1Y	3Y*	5Y*	10Y*
Benchmark S&P 500 Index	0.50%	-0.93%	8.56%	8.85%	24.33%	19.37%	11.84%	13.61%
Portfolio Dividend Portfolio	0.81%	3.09%	14.03%	13.40%	24.58%	16.96%	10.47%	—
Portfolio components:
FDVV Fidelity High Dividend ETF	0.57%	2.54%	9.30%	9.44%	23.92%	19.75%	13.53%	—
SCHD Schwab U.S. Dividend Equity ETF	0.89%	3.21%	20.66%	19.57%	26.72%	14.90%	8.75%	12.91%
SPYD State Street SPDR Portfolio S&P 500 High Dividend ETF	1.05%	5.32%	14.73%	14.21%	20.93%	14.69%	7.64%	9.09%
VYM Vanguard High Dividend Yield ETF	0.80%	1.97%	12.37%	11.19%	25.94%	18.06%	11.59%	11.95%

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

Monthly Returns

Based on dividend-adjusted daily data since Sep 15, 2016, Dividend Portfolio's average daily return is +0.05%, while the average monthly return is +1.04%. At this rate, an investment would double in approximately 5.6 years.

Historically, 67% of months were positive and 33% were negative. The best month was Nov 2020 with a return of +13.9%, while the worst month was Mar 2020 at -17.8%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 3 months.

On a daily basis, Dividend Portfolio closed higher 54% of trading days. The best single day was Mar 13, 2020 with a return of +9.1%, while the worst single day was Mar 16, 2020 at -10.9%.

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Total
2026	5.03%	4.17%	-4.11%	5.38%	2.11%	1.00%							14.03%
2025	2.14%	1.97%	-2.04%	-4.97%	2.90%	3.10%	1.14%	4.27%	0.39%	-1.07%	2.80%	-0.04%	10.71%
2024	0.22%	1.95%	4.98%	-3.56%	3.74%	0.03%	5.48%	2.97%	1.49%	-0.40%	4.80%	-5.61%	16.59%
2023	4.07%	-3.67%	-1.15%	0.66%	-4.79%	5.93%	4.32%	-2.34%	-4.18%	-3.25%	7.24%	6.25%	8.25%
2022	-0.45%	-1.33%	3.82%	-4.46%	3.75%	-8.72%	4.82%	-2.77%	-9.07%	10.96%	6.93%	-3.78%	-2.38%
2021	0.00%	6.14%	7.23%	3.18%	3.08%	-1.11%	0.29%	2.01%	-3.24%	4.47%	-2.13%	6.80%	29.39%

Benchmark Metrics

Dividend Portfolio has an annualized alpha of 0.69%, beta of 0.83, and R2 of 0.80 versus S&P 500 Index. Calculated based on daily prices since September 15, 2016.

This portfolio participated in 89.69% of S&P 500 Index downside but only 85.31% of its upside - more exposed to losses than it benefited from rallies.

Alpha: 0.69%

Beta: 0.83

R²: 0.80

Upside Capture: 85.31%

Downside Capture: 89.69%

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

Expense Ratio

Dividend Portfolio has an expense ratio of 0.12%, 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.

FDVV

Fidelity High Dividend ETF

SPYD

State Street SPDR Portfolio S&P 500 High Dividend ETF

SCHD

Schwab U.S. Dividend Equity ETF

VYM

Vanguard High Dividend Yield ETF

Return for Risk

Risk / Return Rank

Dividend Portfolio ranks 76 for risk / return — better than 76% of Portfolios on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

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 Dividend Portfolio 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	2.44	1.86	+0.58
Sortino ratioReturn per unit of downside risk	3.55	2.53	+1.02
Omega ratioGain probability vs. loss probability	1.43	1.34	+0.09
Calmar ratioReturn relative to maximum drawdown	3.58	2.53	+1.05
Martin ratioReturn relative to average drawdown	13.58	11.37	+2.21

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
FDVV Fidelity High Dividend ETF	71	2.24	3.14	1.41	2.44	10.11
SCHD Schwab U.S. Dividend Equity ETF	86	2.41	3.72	1.43	5.70	13.97
SPYD State Street SPDR Portfolio S&P 500 High Dividend ETF	56	1.69	2.53	1.29	2.80	8.14
VYM Vanguard High Dividend Yield ETF	81	2.37	3.37	1.42	3.70	13.81

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 Dividend Portfolio Sharpe ratio is 2.44 as of Jun 13, 2026 (the value is recalculated daily), calculated over the past 12 months.

Compared to the broad market, where average Sharpe ratios range from 1.53 to 2.41, this portfolio's current Sharpe ratio is in the top 25%. This signifies superior risk-adjusted performance, meaning the portfolio is delivering strong returns for the level of risk taken compared to most others.

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

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Dividends

Dividend yield

Dividend Portfolio provided a 3.04% dividend yield over the last twelve months.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Portfolio	3.04%	3.42%	3.41%	3.76%	3.71%	2.98%	3.62%	3.59%	3.82%	3.43%	2.80%	1.83%
Portfolio components:
FDVV Fidelity High Dividend ETF	2.70%	2.89%	2.94%	3.77%	3.44%	2.70%	3.19%	3.93%	4.05%	3.66%	1.04%	0.00%
SCHD Schwab U.S. Dividend Equity ETF	3.22%	3.82%	3.64%	3.49%	3.39%	2.78%	3.16%	2.98%	3.06%	2.63%	2.89%	2.97%
SPYD State Street SPDR Portfolio S&P 500 High Dividend ETF	4.05%	4.52%	4.31%	4.66%	5.01%	3.68%	4.95%	4.42%	4.75%	4.63%	4.34%	1.13%
VYM Vanguard High Dividend Yield ETF	2.19%	2.44%	2.74%	3.12%	3.01%	2.76%	3.18%	3.03%	3.40%	2.80%	2.91%	3.22%

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 Dividend 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 Dividend Portfolio was 38.49%, occurring on Mar 23, 2020. Recovery took 179 trading sessions.

Related event	Drawdown	Fall	Recovery	Underwater
COVID crash2020	-38.49%Mar 2020	1mo 9d	8mo 16d	9mo 25dFeb 2020 - Dec 2020
Bear market2022	-17.67%Sep 2022	5mo 12d	1y 2mo	1y 7moApr 2022 - Dec 2023
Rate-hike selloffLate 2018	-15.43%Dec 2018	3mo 1d	3mo 8d	6mo 9dSep 2018 - Apr 2019
2025 selloff2025	-15.38%Apr 2025	4mo 7d	3mo 16d	7mo 23dDec 2024 - Jul 2025
2018 correction2018	-10.41%Mar 2018	1mo 23d	5mo	6mo 23dJan 2018 - Aug 2018

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 4 assets, with an effective number of assets of 4.00, 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	All Time
Diversification Ratio	1.11	1.06	1.04	1.03

The portfolio has a diversification ratio of 1.03, placing it in the bottom quartile across portfolios — positions are highly correlated. Consider adding assets from different classes or sectors to reduce risk.

Dividend Portfolio correlation to the S&P 500 Index

Dividend Portfolio has a 0.61 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	0.61
Correlation (3Y) Calculated over the trailing 3-year period	0.70
Correlation (5Y) Calculated over the trailing 5-year period	0.78
Correlation (All Time) Calculated using the full available price history since Sep 15, 2016	0.81

Benchmark Correlations

Correlation vs. S&P 500 Index. FDVV has the highest benchmark correlation at 0.88, while SPYD has the lowest at 0.66.

0.66

0.76

0.83

0.88

Portfolio Correlations

Correlation vs. Dividend Portfolio. VYM has the highest portfolio correlation at 0.98, while SPYD has the lowest at 0.94.

0.94

0.95

0.96

0.98

Asset Correlations Table

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

	SPYD	SCHD	FDVV	VYM
SPYD	1.00	0.88	0.84	0.88
SCHD	0.88	1.00	0.86	0.94
FDVV	0.84	0.86	1.00	0.92
VYM	0.88	0.94	0.92	1.00

The correlation results are calculated based on daily price changes starting from Sep 15, 2016

Diversification Analysis

Find what Dividend Portfolio is missing

See which holdings overlap, where Dividend Portfolio is concentrated, and which low-correlation assets could fill the gaps.

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