Contra-Loan

Asset Allocation

Position	Category/Sector	Target Weight
VGT Vanguard Information Technology ETF	Technology Equities	50%
SCHG Schwab U.S. Large-Cap Growth ETF	Large Cap Growth Equities	50%

Benchmark Against

Benchmark

S&P 500 Index

Rebalance

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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Contra-Loan, 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 17, 2026, the Contra-Loan returned 13.33% Year-To-Date and 21.98% of annualized return in the last 10 years.

Position	1D	1M	YTD	6M	1Y	3Y*	5Y*	10Y*
Benchmark S&P 500 Index	-1.21%	0.23%	8.39%	10.39%	24.03%	18.94%	12.24%	13.61%
Portfolio Contra-Loan	-1.08%	1.23%	13.33%	16.60%	34.33%	25.99%	17.27%	21.98%
Portfolio components:
SCHG Schwab U.S. Large-Cap Growth ETF	-1.47%	-2.14%	2.70%	5.35%	19.99%	22.35%	14.13%	18.58%
VGT Vanguard Information Technology ETF	-0.75%	4.28%	24.23%	28.20%	49.31%	29.37%	20.28%	25.32%

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

Monthly Returns

Based on dividend-adjusted daily data since Dec 11, 2009, Contra-Loan's average daily return is +0.08%, while the average monthly return is +1.53%. At this rate, an investment would double in approximately 3.8 years.

Historically, 64% of months were positive and 36% were negative. The best month was Apr 2026 with a return of +15.7%, while the worst month was Apr 2022 at -12.5%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 5 months.

On a daily basis, Contra-Loan closed higher 56% of trading days. The best single day was Apr 9, 2025 with a return of +12.5%, while the worst single day was Mar 16, 2020 at -13.0%.

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Total
2026	-1.34%	-3.38%	-4.50%	15.65%	12.16%	-4.02%							13.33%
2025	0.62%	-3.53%	-8.68%	1.41%	9.39%	7.80%	3.78%	0.97%	5.95%	5.42%	-3.47%	-0.07%	19.67%
2024	2.33%	5.87%	1.76%	-4.80%	7.05%	7.44%	-1.23%	1.41%	2.48%	-0.58%	7.02%	0.22%	32.12%
2023	9.82%	-0.37%	8.95%	0.55%	7.41%	6.50%	3.20%	-1.57%	-5.90%	-1.61%	12.22%	4.66%	51.43%
2022	-8.39%	-4.20%	3.98%	-12.54%	-2.27%	-8.66%	13.15%	-5.41%	-10.91%	5.93%	4.70%	-8.10%	-30.74%
2021	-0.71%	0.94%	1.11%	6.39%	-1.43%	6.79%	3.35%	3.69%	-5.57%	8.54%	1.71%	1.96%	29.29%

Benchmark Metrics

Contra-Loan has an annualized alpha of 4.06%, beta of 1.15, and R2 of 0.90 versus S&P 500 Index. Calculated based on daily prices since December 11, 2009.

This portfolio captured 128.42% of S&P 500 Index gains and 103.41% of its losses - amplifying both gains and losses, but participating more in upside than downside.
This portfolio generated an annualized alpha of 4.06% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.

Alpha: 4.06%

Beta: 1.15

R²: 0.90

Upside Capture: 128.42%

Downside Capture: 103.41%

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

Expense Ratio

Contra-Loan 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.

VGT

Vanguard Information Technology ETF

SCHG

Schwab U.S. Large-Cap Growth ETF

Return for Risk

Risk / Return Rank

Contra-Loan ranks 26 for risk / return — below 26% 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

The table below presents risk-adjusted performance metrics for Contra-Loan 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	1.83	1.94	-0.11
Sortino ratioReturn per unit of downside risk	2.39	2.64	-0.26
Omega ratioGain probability vs. loss probability	1.31	1.35	-0.04
Calmar ratioReturn relative to maximum drawdown	2.10	2.65	-0.55
Martin ratioReturn relative to average drawdown	6.77	11.88	-5.11

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
SCHG Schwab U.S. Large-Cap Growth ETF	32	1.25	1.73	1.22	1.22	4.02
VGT Vanguard Information Technology ETF	66	2.23	2.78	1.37	3.02	9.29

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 Contra-Loan Sharpe ratio is 1.83 as of Jun 17, 2026 (the value is recalculated daily), calculated over the past 12 months.

Compared to the broad market, where average Sharpe ratios range from 1.65 to 2.50, 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 Contra-Loan 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

Contra-Loan provided a 0.35% dividend yield over the last twelve months.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Portfolio	0.35%	0.38%	0.50%	0.55%	0.73%	0.53%	0.67%	0.97%	1.28%	1.00%	1.18%	1.25%
Portfolio components:
SCHG Schwab U.S. Large-Cap Growth ETF	0.38%	0.36%	0.39%	0.46%	0.55%	0.42%	0.52%	0.82%	1.27%	1.01%	1.04%	1.22%
VGT Vanguard Information Technology ETF	0.33%	0.40%	0.60%	0.65%	0.91%	0.64%	0.82%	1.11%	1.29%	0.99%	1.31%	1.28%

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 Contra-Loan. 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 Contra-Loan was 34.65%, occurring on Oct 14, 2022. Recovery took 291 trading sessions.

The current Contra-Loan drawdown is 4.93%.

Related event	Drawdown	Fall	Recovery	Underwater
Bear market2022	-34.65%Oct 2022	9mo 20d	1y 1mo	1y 11moDec 2021 - Dec 2023
COVID crash2020	-32.12%Mar 2020	1mo 2d	2mo 19d	3mo 21dFeb 2020 - Jun 2020
2025 selloff2025	-25.32%Apr 2025	3mo 22d	2mo 19d	6mo 11dDec 2024 - Jun 2025
Rate-hike selloffLate 2018	-22.56%Dec 2018	2mo 21d	3mo 10d	6mo 1dOct 2018 - Apr 2019
2011 correction2011	-18.33%Oct 2011	5mo 4d	4mo 1d	9mo 5dMay 2011 - Feb 2012

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 2 assets, with an effective number of assets of 2.00, 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	10Y	All Time
Diversification Ratio	1.02	1.01	1.01	1.01	1.01

The portfolio has a diversification ratio of 1.01, placing it in the bottom quartile across portfolios — positions are highly correlated. Consider adding assets from different classes or sectors to reduce risk.

Contra-Loan correlation to the S&P 500 Index

Contra-Loan has a 0.92 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	0.92
Correlation (3Y) Calculated over the trailing 3-year period	0.93
Correlation (5Y) Calculated over the trailing 5-year period	0.94
Correlation (10Y) Calculated over the trailing 10-year period	0.92
Correlation (All Time) Calculated using the full available price history since Dec 11, 2009	0.93

Benchmark Correlations

Correlation vs. S&P 500 Index. SCHG has the highest benchmark correlation at 0.95, while VGT has the lowest at 0.89.

VGT

0.89

SCHG

0.95

Portfolio Correlations

Correlation vs. Contra-Loan. VGT has the highest portfolio correlation at 0.99, while SCHG has the lowest at 0.98.

SCHG

0.98

VGT

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.

	VGT	SCHG
VGT	1.00	0.94
SCHG	0.94	1.00

The correlation results are calculated based on daily price changes starting from Dec 11, 2009

Diversification Analysis

Find what Contra-Loan is missing

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

Analyze Diversification