11 FNB 60/40

Asset Allocation

Position	Category/Sector	Target Weight
VFV.TO Vanguard S&P 500 Index ETF	S&P 500	60%
XEQT.TO iShares Core Equity ETF Portfolio	Global Equities	25%
VXC.TO Vanguard FTSE Global All Cap ex Canada Index ETF	Global Equities	10%
QQC.TO Invesco NASDAQ 100 Index ETF CAD Hedged	Nasdaq-100	5%

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 11 FNB 60/40, 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

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 11 FNB 60/40	0.53%	-0.49%	9.81%	10.53%	26.94%	20.82%	12.33%	—
Portfolio components:
QQC.TO Invesco NASDAQ 100 Index ETF CAD Hedged	0.70%	0.22%	17.33%	17.96%	37.78%	26.49%	16.75%	—
VFV.TO Vanguard S&P 500 Index ETF	0.56%	-0.90%	8.86%	9.38%	25.71%	20.82%	13.01%	15.13%
VXC.TO Vanguard FTSE Global All Cap ex Canada Index ETF	0.52%	0.02%	10.77%	11.79%	27.22%	19.41%	10.10%	12.44%
XEQT.TO iShares Core Equity ETF Portfolio	0.45%	0.15%	10.03%	11.14%	27.44%	20.01%	10.45%	—

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

Monthly Returns

Based on dividend-adjusted daily data since May 27, 2021, 11 FNB 60/40's average daily return is +0.05%, while the average monthly return is +1.06%. At this rate, an investment would double in approximately 5.5 years.

Historically, 61% of months were positive and 39% were negative. The best month was Apr 2026 with a return of +9.6%, while the worst month was Sep 2022 at -8.8%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 3 months.

On a daily basis, 11 FNB 60/40 closed higher 54% of trading days. The best single day was Apr 9, 2025 with a return of +8.0%, while the worst single day was Apr 3, 2025 at -5.5%.

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Total
2026	2.60%	-0.78%	-5.36%	9.59%	5.71%	-1.62%							9.81%
2025	2.95%	-1.15%	-4.50%	-0.68%	5.93%	5.05%	2.40%	2.06%	3.73%	2.58%	-0.20%	0.93%	20.32%
2024	1.18%	4.45%	2.86%	-2.88%	3.64%	3.01%	1.32%	2.62%	2.27%	-1.32%	5.37%	-2.62%	21.34%
2023	6.44%	-1.45%	2.82%	1.20%	0.27%	6.39%	2.87%	-1.74%	-3.89%	-2.90%	8.69%	5.24%	25.64%
2022	-4.67%	-3.07%	4.14%	-8.68%	0.06%	-8.46%	8.41%	-3.72%	-8.75%	6.36%	5.12%	-4.57%	-18.21%
2021					-0.17%	2.17%	1.96%	2.60%	-5.17%	7.53%	-1.27%	2.73%	10.35%

Benchmark Metrics

11 FNB 60/40 has an annualized alpha of 1.62%, beta of 0.79, and R2 of 0.73 versus S&P 500 Index. Calculated based on daily prices since May 27, 2021.

This portfolio participated in 91.70% of S&P 500 Index downside but only 88.99% of its upside - more exposed to losses than it benefited from rallies.

Alpha: 1.62%

Beta: 0.79

R²: 0.73

Upside Capture: 88.99%

Downside Capture: 91.70%

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

Expense Ratio

11 FNB 60/40 has an expense ratio of 0.14%, 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.

VXC.TO

Vanguard FTSE Global All Cap ex Canada Index ETF

XEQT.TO

iShares Core Equity ETF Portfolio

QQC.TO

Invesco NASDAQ 100 Index ETF CAD Hedged

VFV.TO

Vanguard S&P 500 Index ETF

Return for Risk

Risk / Return Rank

11 FNB 60/40 ranks 59 for risk / return — on par with similar Portfolios. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

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 11 FNB 60/40 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	2.02	1.86	+0.16
Sortino ratioReturn per unit of downside risk	2.75	2.53	+0.22
Omega ratioGain probability vs. loss probability	1.37	1.34	+0.04
Calmar ratioReturn relative to maximum drawdown	3.04	2.53	+0.50
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
QQC.TO Invesco NASDAQ 100 Index ETF CAD Hedged	71	2.13	2.75	1.38	3.11	11.22
VFV.TO Vanguard S&P 500 Index ETF	66	1.94	2.64	1.36	2.75	11.90
VXC.TO Vanguard FTSE Global All Cap ex Canada Index ETF	66	1.92	2.65	1.36	2.74	11.92
XEQT.TO iShares Core Equity ETF Portfolio	71	2.05	2.82	1.38	2.92	12.61

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.

The current 11 FNB 60/40 Sharpe ratio is 2.02 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 1.54 to 2.41, this portfolio's current Sharpe ratio falls between the 25th and 75th percentiles. This indicates that its risk-adjusted performance is in line with the majority of portfolios, suggesting a balanced approach to risk and return—likely suitable for a wide range of investors.

The chart below shows the rolling Sharpe ratio of 11 FNB 60/40 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

11 FNB 60/40 provided a 1.02% dividend yield over the last twelve months.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Portfolio	1.02%	1.12%	1.27%	1.44%	1.55%	1.23%	1.37%	1.41%	1.21%	1.07%	1.18%	1.16%
Portfolio components:
QQC.TO Invesco NASDAQ 100 Index ETF CAD Hedged	0.32%	0.39%	0.45%	0.54%	0.91%	0.56%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VFV.TO Vanguard S&P 500 Index ETF	0.84%	0.92%	0.99%	1.20%	1.31%	1.06%	1.33%	1.55%	1.69%	1.51%	1.65%	1.63%
VXC.TO Vanguard FTSE Global All Cap ex Canada Index ETF	1.23%	1.39%	1.45%	1.69%	1.82%	1.49%	1.46%	1.81%	1.95%	1.68%	1.86%	1.83%
XEQT.TO iShares Core Equity ETF Portfolio	1.48%	1.66%	2.03%	2.09%	2.14%	1.66%	1.69%	1.21%	0.00%	0.00%	0.00%	0.00%

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 11 FNB 60/40. 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 11 FNB 60/40 was 25.19%, occurring on Oct 12, 2022. Recovery took 298 trading sessions.

The current 11 FNB 60/40 drawdown is 2.18%.

Related event	Drawdown	Fall	Recovery	Underwater
Bear market2022	-25.19%Oct 2022	9mo 16d	1y 2mo	1y 11moDec 2021 - Dec 2023
2025 selloff2025	-17.94%Apr 2025	1mo 17d	2mo 9d	3mo 26dFeb 2025 - Jun 2025
2026 pullback2026	-8.60%Mar 2026	1mo 2d	15d	1mo 17dFeb 2026 - Apr 2026
2024 pullback2024	-8.29%Aug 2024	21d	1mo 13d	2mo 4dJul 2024 - Sep 2024
2021 pullback2021	-6.24%Sep 2021	22d	25d	1mo 17dSep 2021 - Oct 2021

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 2.30, 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	All Time
Diversification Ratio	1.02	1.02	1.02	1.02

The portfolio has a diversification ratio of 1.02, placing it in the bottom quartile across portfolios — positions are highly correlated. Consider adding assets from different classes or sectors to reduce risk.

11 FNB 60/40 correlation to the S&P 500 Index

11 FNB 60/40 has a 0.81 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	0.81
Correlation (3Y) Calculated over the trailing 3-year period	0.83
Correlation (5Y) Calculated over the trailing 5-year period	0.82
Correlation (All Time) Calculated using the full available price history since May 27, 2021	0.82

Benchmark Correlations

Correlation vs. S&P 500 Index. VFV.TO has the highest benchmark correlation at 0.81, while VXC.TO has the lowest at 0.79.

0.79

0.79

0.79

0.81

Portfolio Correlations

Correlation vs. 11 FNB 60/40. VFV.TO has the highest portfolio correlation at 0.99, while QQC.TO has the lowest at 0.91.

0.91

0.96

0.97

0.99

Asset Correlations Table

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

	QQC.TO	XEQT.TO	VXC.TO	VFV.TO
QQC.TO	1.00	0.83	0.87	0.91
XEQT.TO	0.83	1.00	0.96	0.92
VXC.TO	0.87	0.96	1.00	0.95
VFV.TO	0.91	0.92	0.95	1.00

The correlation results are calculated based on daily price changes starting from May 27, 2021

Diversification Analysis

Find what 11 FNB 60/40 is missing

See which holdings overlap, where 11 FNB 60/40 is concentrated, and which low-correlation assets could fill the gaps.

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