Alejandro Version 1

Asset Allocation

Position	Category/Sector	Target Weight
GLDM SPDR Gold MiniShares Trust	Precious Metals, Gold	2.49%
MSFT Microsoft Corporation	Technology	5.85%
SPTL SPDR Portfolio Long Term Treasury ETF	Government Bonds, Long-Term Bond	38.55%
USRT iShares Core U.S. REIT ETF	REIT	11.10%
VBR Vanguard Small-Cap Value ETF	Small Cap Value Equities	5.88%
VEA Vanguard FTSE Developed Markets ETF	Foreign Large Cap Equities	10.42%
VGIT Vanguard Intermediate-Term Treasury ETF	Government Bonds	6.73%
VTI Vanguard Total Stock Market ETF	Large Cap Blend Equities	13.05%
VWO Vanguard FTSE Emerging Markets ETF	Emerging Markets Equities	5.93%

Benchmark Against

Benchmark

S&P 500 Index

Rebalance

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Alejandro Version 1, 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 26, 2018, corresponding to the inception date of GLDM

Returns By Period

	1D	1M	YTD	6M	1Y	3Y*	5Y*	10Y*
Benchmark S&P 500 Index	-0.11%	0.61%	-0.42%	4.03%	29.40%	18.38%	10.55%	12.70%
Portfolio Alejandro Version 1	-0.09%	0.12%	1.70%	2.98%	18.76%	8.48%	3.27%	—
Portfolio components:
VTI Vanguard Total Stock Market ETF	-0.12%	0.86%	0.25%	4.74%	31.69%	19.61%	10.91%	14.16%
VBR Vanguard Small-Cap Value ETF	-0.57%	3.06%	6.74%	12.79%	35.37%	14.89%	8.23%	10.54%
VEA Vanguard FTSE Developed Markets ETF	0.28%	3.03%	8.62%	16.60%	45.32%	17.90%	9.43%	9.81%
VWO Vanguard FTSE Emerging Markets ETF	0.55%	2.14%	5.56%	10.14%	39.09%	15.31%	4.99%	8.10%
VGIT Vanguard Intermediate-Term Treasury ETF	-0.12%	-0.31%	0.10%	0.60%	4.71%	3.21%	0.31%	1.32%
SPTL SPDR Portfolio Long Term Treasury ETF	-0.27%	-0.44%	0.14%	-1.84%	4.99%	-1.80%	-4.87%	-0.88%
USRT iShares Core U.S. REIT ETF	0.37%	1.57%	9.49%	11.44%	22.26%	10.58%	6.11%	5.95%
GLDM SPDR Gold MiniShares Trust	-0.18%	-8.17%	10.35%	18.59%	50.02%	33.29%	22.11%	—
MSFT Microsoft Corporation	-0.59%	-8.40%	-23.14%	-27.12%	-2.00%	10.31%	8.60%	22.66%

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

Monthly Returns

Based on dividend-adjusted daily data since Jun 27, 2018, Alejandro Version 1's average daily return is +0.03%, while the average monthly return is +0.58%. At this rate, your investment would double in approximately 10.0 years.

Historically, 63% of months were positive and 37% were negative. The best month was Nov 2023 with a return of +8.7%, while the worst month was Sep 2022 at -8.8%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 6 months.

On a daily basis, Alejandro Version 1 closed higher 55% of trading days. The best single day was Nov 10, 2022 with a return of +4.8%, while the worst single day was Mar 18, 2020 at -5.5%.

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Total
2026	1.39%	3.34%	-5.19%	2.36%									1.70%
2025	1.55%	2.13%	-1.72%	-0.06%	1.93%	3.18%	0.21%	1.80%	2.84%	0.90%	0.53%	-0.69%	13.22%
2024	-1.18%	0.93%	2.26%	-4.78%	3.62%	1.67%	3.16%	2.27%	2.36%	-3.56%	2.74%	-4.35%	4.73%
2023	7.31%	-3.86%	3.31%	1.05%	-1.82%	2.83%	0.92%	-2.81%	-5.42%	-3.01%	8.74%	6.45%	13.24%
2022	-4.22%	-1.70%	-0.93%	-7.40%	-1.31%	-4.66%	4.91%	-4.35%	-8.79%	0.60%	7.43%	-3.30%	-22.25%
2021	-1.02%	-0.56%	-0.15%	3.63%	0.93%	2.43%	2.21%	1.23%	-3.56%	4.15%	-0.09%	1.72%	11.21%

Benchmark Metrics

Alejandro Version 1 has an annualized alpha of 1.35%, beta of 0.41, and R² of 0.56 versus S&P 500 Index. Calculated based on daily prices since June 27, 2018.

This portfolio participated in 62.39% of S&P 500 Index downside but only 49.82% of its upside — more exposed to losses than it benefited from rallies.
Beta of 0.41 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: 1.35%

Beta: 0.41

R²: 0.56

Upside Capture: 49.82%

Downside Capture: 62.39%

Expense Ratio

Alejandro Version 1 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.

GLDM

SPDR Gold MiniShares Trust

VWO

Vanguard FTSE Emerging Markets ETF

USRT

iShares Core U.S. REIT ETF

VBR

Vanguard Small-Cap Value ETF

VGIT

Vanguard Intermediate-Term Treasury ETF

VTI

Vanguard Total Stock Market ETF

VEA

Vanguard FTSE Developed Markets ETF

SPTL

SPDR Portfolio Long Term Treasury ETF

Return for Risk

Risk / Return Rank

Alejandro Version 1 ranks 37 for risk / return — below 37% 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

	Portfolio	Benchmark	Difference
Sharpe ratio Return per unit of total volatility	2.31	2.23	+0.07
Sortino ratio Return per unit of downside risk	3.25	3.12	+0.13
Omega ratio Gain probability vs. loss probability	1.44	1.42	+0.02
Calmar ratio Return relative to maximum drawdown	2.99	4.05	-1.06
Martin ratio Return relative to average drawdown	12.18	17.91	-5.73
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	70	2.36	3.28	1.44	4.38	19.06
VBR Vanguard Small-Cap Value ETF	64	2.19	3.19	1.38	4.62	15.89
VEA Vanguard FTSE Developed Markets ETF	82	3.09	4.11	1.56	4.57	18.43
VWO Vanguard FTSE Emerging Markets ETF	71	2.55	3.50	1.48	4.14	15.31
VGIT Vanguard Intermediate-Term Treasury ETF	26	1.32	1.98	1.23	1.67	5.25
SPTL SPDR Portfolio Long Term Treasury ETF	12	0.53	0.82	1.09	0.50	1.15
USRT iShares Core U.S. REIT ETF	41	1.64	2.24	1.29	3.37	10.88
GLDM SPDR Gold MiniShares Trust	44	1.86	2.28	1.34	3.10	10.70
MSFT Microsoft Corporation	30	-0.08	0.05	1.01	0.16	0.40

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.

Alejandro Version 1 Sharpe ratios as of Apr 11, 2026 (values are recalculated daily):

1-Year: 2.31
5-Year: 0.30
All Time: 0.61

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

Compared to the broad market, where average Sharpe ratios range from 2.14 to 3.05, 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 Alejandro Version 1 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

Alejandro Version 1 provided a 2.92% dividend yield over the last twelve months.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Portfolio	2.92%	2.99%	2.98%	2.68%	2.51%	1.80%	1.82%	2.40%	2.83%	2.33%	2.50%	2.52%
Portfolio components:
VTI Vanguard Total Stock Market ETF	1.13%	1.12%	1.27%	1.44%	1.66%	1.21%	1.42%	1.78%	2.04%	1.71%	1.92%	1.98%
VBR Vanguard Small-Cap Value ETF	1.84%	1.95%	1.98%	2.12%	2.03%	1.75%	1.68%	2.06%	2.35%	1.79%	1.77%	1.99%
VEA Vanguard FTSE Developed Markets ETF	2.77%	3.22%	3.35%	3.15%	2.91%	3.16%	2.04%	3.04%	3.35%	2.77%	3.05%	2.92%
VWO Vanguard FTSE Emerging Markets ETF	2.56%	2.79%	3.20%	3.52%	4.11%	2.63%	1.91%	3.23%	2.88%	2.30%	2.52%	3.26%
VGIT Vanguard Intermediate-Term Treasury ETF	3.82%	3.79%	3.67%	2.73%	1.74%	1.69%	2.23%	2.24%	2.05%	1.67%	1.69%	1.69%
SPTL SPDR Portfolio Long Term Treasury ETF	4.16%	4.12%	4.03%	3.24%	2.75%	1.68%	1.71%	2.45%	2.69%	2.53%	2.56%	2.60%
USRT iShares Core U.S. REIT ETF	2.75%	3.07%	2.85%	3.18%	3.46%	2.27%	3.12%	3.34%	5.66%	3.44%	3.98%	3.59%
GLDM SPDR Gold MiniShares 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%
MSFT Microsoft Corporation	0.94%	0.70%	0.73%	0.74%	1.06%	0.68%	0.94%	1.20%	1.69%	1.86%	2.37%	2.33%

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 Alejandro Version 1. 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 Alejandro Version 1 was 27.46%, occurring on Oct 20, 2022. Recovery took 704 trading sessions.

The current Alejandro Version 1 drawdown is 2.95%.

Depth	Start	To Bottom	Bottom	To Recover	End	Total
-27.46%	Nov 10, 2021	238	Oct 20, 2022	704	Aug 13, 2025	942
-17.39%	Feb 21, 2020	19	Mar 18, 2020	53	Jun 3, 2020	72
-7.78%	Aug 30, 2018	80	Dec 24, 2018	36	Feb 15, 2019	116
-7.04%	Mar 2, 2026	20	Mar 27, 2026	—	—	—
-5.48%	Sep 3, 2020	41	Oct 30, 2020	10	Nov 13, 2020	51

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 9 assets, with an effective number of assets of 4.89, 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

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

	Benchmark	GLDM	VGIT	SPTL	MSFT	USRT	VWO	VBR	VEA	VTI	Portfolio
Benchmark	1.00	0.07	-0.07	-0.08	0.75	0.59	0.66	0.79	0.80	0.99	0.72
GLDM	0.07	1.00	0.35	0.27	0.03	0.12	0.23	0.06	0.23	0.07	0.30
VGIT	-0.07	0.35	1.00	0.87	-0.04	0.14	-0.05	-0.09	-0.00	-0.06	0.46
SPTL	-0.08	0.27	0.87	1.00	-0.03	0.11	-0.07	-0.11	-0.05	-0.08	0.50
MSFT	0.75	0.03	-0.04	-0.03	1.00	0.34	0.48	0.42	0.53	0.72	0.56
USRT	0.59	0.12	0.14	0.11	0.34	1.00	0.38	0.68	0.55	0.61	0.68
VWO	0.66	0.23	-0.05	-0.07	0.48	0.38	1.00	0.58	0.79	0.67	0.59
VBR	0.79	0.06	-0.09	-0.11	0.42	0.68	0.58	1.00	0.75	0.83	0.63
VEA	0.80	0.23	-0.00	-0.05	0.53	0.55	0.79	0.75	1.00	0.81	0.70
VTI	0.99	0.07	-0.06	-0.08	0.72	0.61	0.67	0.83	0.81	1.00	0.72
Portfolio	0.72	0.30	0.46	0.50	0.56	0.68	0.59	0.63	0.70	0.72	1.00

The correlation results are calculated based on daily price changes starting from Jun 27, 2018

Alejandro Version 1

Asset Allocation

Performance

Performance Chart

Returns By Period

Monthly Returns

Benchmark Metrics

Expense Ratio

Return for Risk

Risk / Return Rank

Return / Risk — by metrics

Sharpe ratio

Sortino ratio

Omega ratio

Calmar ratio

Martin ratio

Sharpe Ratio

Dividends

Dividend yield

Drawdowns

Drawdowns Chart

Worst Drawdowns

Volatility

Volatility Chart

Diversification

Diversification Metrics

Number of Effective Assets

Asset Correlations Table