Asset Allocation
Find the right asset allocation for Retirement 403B RP/VIP
Add portfolio to the optimizer to find optimal allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
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Performance Chart
The chart shows the growth of an initial investment of $10,000 in Retirement 403B RP/VIP, 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 | -2.64% | 0.25% | 7.86% | 7.47% | — | — | — | — |
Portfolio Retirement 403B RP/VIP | 0.26% | 2.60% | 11.73% | 11.90% | 29.11% | 21.75% | 12.22% | — |
| Portfolio components: | ||||||||
FNCMX Fidelity NASDAQ Composite Index Fund | -0.07% | 3.93% | 15.71% | 14.10% | 39.89% | 27.54% | 15.15% | 19.27% |
FSPGX Fidelity Large Cap Growth Index Fund | 0.22% | 3.56% | 7.39% | 6.25% | 26.43% | 25.11% | 15.46% | — |
VBMPX Vanguard Total Bond Market Index Fund Institutional Plus Shares | 0.10% | -0.17% | 0.33% | 0.56% | 4.81% | 4.03% | 0.13% | 1.59% |
VDIPX Vanguard Developed Markets Index Fund Institutional Plus Shares | 0.11% | 1.46% | 15.29% | 18.15% | 32.27% | 20.10% | 9.67% | 10.14% |
VIIIX Vanguard Institutional Index Fund Institutional Plus Shares | 0.42% | 3.11% | 11.35% | 11.03% | 29.24% | 23.12% | 14.15% | 15.64% |
VTTSX Vanguard Target Retirement 2060 Fund | 0.29% | 2.04% | 11.69% | 12.27% | 27.65% | 19.61% | 10.10% | 11.85% |
Monthly Returns
Based on dividend-adjusted daily data since Jan 4, 2017, Retirement 403B RP/VIP's average daily return is +0.06%, while the average monthly return is +1.19%. At this rate, an investment would double in approximately 4.9 years.
Historically, 71% of months were positive and 29% were negative. The best month was Apr 2020 with a return of +11.4%, while the worst month was Mar 2020 at -12.0%. The longest winning streak lasted 13 consecutive months, and the longest losing streak was 3 months.
On a daily basis, Retirement 403B RP/VIP closed higher 56% of trading days. The best single day was Apr 9, 2025 with a return of +8.4%, while the worst single day was Mar 16, 2020 at -10.7%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.12% | 0.56% | -5.73% | 9.77% | 5.20% | -0.05% | 11.73% | ||||||
| 2025 | 2.76% | -0.85% | -4.39% | 0.87% | 6.05% | 4.80% | 1.51% | 2.44% | 3.72% | 2.38% | -0.03% | 0.60% | 21.28% |
| 2024 | 0.71% | 4.56% | 2.79% | -3.76% | 4.84% | 2.70% | 1.37% | 2.17% | 2.09% | -1.86% | 4.44% | -1.58% | 19.62% |
| 2023 | 7.36% | -2.45% | 3.71% | 1.34% | 0.34% | 5.68% | 3.20% | -2.16% | -4.47% | -2.46% | 9.11% | 4.90% | 25.67% |
| 2022 | -5.40% | -2.87% | 2.27% | -8.65% | 0.03% | -7.98% | 8.23% | -4.22% | -9.20% | 6.02% | 6.97% | -5.05% | -19.91% |
| 2021 | -0.54% | 1.99% | 2.68% | 4.58% | 0.83% | 2.22% | 1.53% | 2.61% | -4.24% | 5.67% | -1.41% | 3.41% | 20.66% |
Benchmark Metrics
Retirement 403B RP/VIP has an annualized alpha of 1.54%, beta of 0.99, and R2 of 0.97 versus S&P 500 Index. Calculated based on daily prices since January 04, 2017.
- This portfolio participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (99.74%) than losses (79.24%) - typical of diversified or defensive assets.
- With beta of 0.99 and R2 of 0.97, this portfolio moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 1.54%
- Beta
- 0.99
- R²
- 0.97
- Upside Capture
- 99.74%
- Downside Capture
- 79.24%
Expense Ratio
Retirement 403B RP/VIP has an expense ratio of 0.07%, 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
Retirement 403B RP/VIP ranks 53 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.
Return / Risk — by metrics
The table below presents risk-adjusted performance metrics for Retirement 403B RP/VIP and compares them with S&P 500 Index.
| Portfolio | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | 2.40 | — | — |
| Sortino ratioReturn per unit of downside risk | 3.29 | — | — |
| Omega ratioGain probability vs. loss probability | 1.43 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.15 | — | — |
| Martin ratioReturn relative to average drawdown | 14.44 | — | — |
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 |
|---|---|---|---|---|---|---|
FNCMX Fidelity NASDAQ Composite Index Fund | 64 | 2.40 | 3.15 | 1.41 | 2.99 | 11.76 |
FSPGX Fidelity Large Cap Growth Index Fund | 29 | 1.66 | 2.28 | 1.29 | 1.59 | 5.33 |
VBMPX Vanguard Total Bond Market Index Fund Institutional Plus Shares | 19 | 1.18 | 1.76 | 1.21 | 1.60 | 4.77 |
VDIPX Vanguard Developed Markets Index Fund Institutional Plus Shares | 55 | 2.15 | 2.93 | 1.39 | 2.77 | 10.76 |
VIIIX Vanguard Institutional Index Fund Institutional Plus Shares | 73 | 2.42 | 3.29 | 1.44 | 3.23 | 15.07 |
VTTSX Vanguard Target Retirement 2060 Fund | 70 | 2.40 | 3.33 | 1.44 | 3.08 | 13.66 |
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Dividends
Dividend yield
Retirement 403B RP/VIP provided a 1.93% dividend yield over the last twelve months.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 1.93% | 1.97% | 2.55% | 2.20% | 2.41% | 4.03% | 2.17% | 2.63% | 2.37% | 1.63% | 1.98% | 2.04% |
| Portfolio components: | ||||||||||||
FNCMX Fidelity NASDAQ Composite Index Fund | 0.44% | 0.51% | 0.61% | 0.67% | 0.88% | 0.47% | 0.67% | 4.41% | 1.93% | 0.03% | 1.01% | 1.50% |
FSPGX Fidelity Large Cap Growth Index Fund | 0.32% | 0.34% | 0.37% | 0.73% | 0.86% | 2.22% | 1.76% | 1.04% | 1.32% | 0.22% | 0.00% | 0.00% |
VBMPX Vanguard Total Bond Market Index Fund Institutional Plus Shares | 4.00% | 3.88% | 3.69% | 3.11% | 2.61% | 1.81% | 2.41% | 2.75% | 2.58% | 2.58% | 2.55% | 2.85% |
VDIPX Vanguard Developed Markets Index Fund Institutional Plus Shares | 2.62% | 3.23% | 3.37% | 3.16% | 2.92% | 3.17% | 2.05% | 3.05% | 3.36% | 2.79% | 3.08% | 2.95% |
VIIIX Vanguard Institutional Index Fund Institutional Plus Shares | 2.42% | 2.11% | 3.66% | 2.66% | 3.39% | 4.79% | 3.07% | 2.86% | 2.45% | 1.84% | 2.38% | 2.47% |
VTTSX Vanguard Target Retirement 2060 Fund | 1.84% | 2.06% | 2.20% | 2.14% | 2.09% | 5.67% | 1.83% | 2.11% | 2.33% | 1.77% | 1.98% | 1.92% |
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 Retirement 403B RP/VIP. 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 Retirement 403B RP/VIP was 31.18%, occurring on Mar 23, 2020. Recovery took 92 trading sessions.
The current Retirement 403B RP/VIP drawdown is 0.78%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -31.18%Mar 2020 | 1mo 2d | 4mo 13d | 5mo 15dFeb 2020 - Aug 2020 |
Bear market2022 | -26.45%Oct 2022 | 9mo 13d | 1y 2mo | 1y 11moJan 2022 - Dec 2023 |
Rate-hike selloffLate 2018 | -17.73%Dec 2018 | 3mo 4d | 3mo 19d | 6mo 23dSep 2018 - Apr 2019 |
2025 selloff2025 | -16.57%Apr 2025 | 1mo 18d | 1mo 26d | 3mo 14dFeb 2025 - Jun 2025 |
2018 pullback2018 | -9.20%Feb 2018 | 10d | 6mo 20d | 7moJan 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 6 assets, with an effective number of assets of 4.21, reflecting the diversification based on asset allocation. Your capital is well-distributed across most of your holdings, with only mild concentration in a few names. True diversification also depends on the correlations between assets — check the diversification ratio below.
Diversification Ratio
1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
Diversification Ratio | 1.05 | 1.05 | 1.05 | 1.04 |
The portfolio has a diversification ratio of 1.04, placing it in the bottom quartile across portfolios — positions are highly correlated. Consider adding assets from different classes or sectors to reduce risk.
Retirement 403B RP/VIP correlation to the S&P 500 Index
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.98 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.98 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.98 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2017 | 0.98 |
Benchmark Correlations
Correlation vs. S&P 500 Index. VIIIX has the highest benchmark correlation at 1.00, while VBMPX has the lowest at 0.25.
Asset Correlations Table
Find what Retirement 403B RP/VIP is missing
See which holdings overlap, where Retirement 403B RP/VIP is concentrated, and which low-correlation assets could fill the gaps.
Analyze Diversification