Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
FXAIX Fidelity 500 Index Fund | S&P 500 | 33.33% |
VOO Vanguard S&P 500 ETF | S&P 500 | 33.33% |
VOOG Vanguard S&P 500 Growth ETF | S&P 500, Large Cap Growth Equities | 33.33% |
Find the right asset allocation for Top 3 Funds
Add portfolio to the optimizer to find optimal allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio OptimizerPerformance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Top 3 Funds, 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.
Loading charts...
Returns By Period
As of Jun 9, 2026, the Top 3 Funds returned 9.16% Year-To-Date and 16.21% of annualized return in the last 10 years.
| Position | 1D | 1M | YTD | 6M | 1Y | 3Y* | 5Y* | 10Y* |
|---|---|---|---|---|---|---|---|---|
Benchmark S&P 500 Index | 0.30% | 0.09% | 8.18% | 8.17% | 23.42% | 19.88% | 11.91% | 13.45% |
Portfolio Top 3 Funds | 0.31% | -0.02% | 9.16% | 9.02% | 26.27% | 23.22% | 14.12% | 16.21% |
| Portfolio components: | ||||||||
FXAIX Fidelity 500 Index Fund | -2.63% | -0.08% | 8.42% | 8.48% | 24.54% | 21.52% | 13.40% | 15.25% |
VOO Vanguard S&P 500 ETF | 0.25% | 0.24% | 8.72% | 8.77% | 24.91% | 21.45% | 13.49% | 15.35% |
VOOG Vanguard S&P 500 Growth ETF | 0.65% | -0.20% | 10.10% | 9.55% | 29.06% | 26.66% | 15.20% | 17.80% |
Monthly Returns
Based on dividend-adjusted daily data since May 4, 2011, Top 3 Funds's average daily return is +0.06%, while the average monthly return is +1.23%. At this rate, an investment would double in approximately 4.7 years.
Historically, 67% of months were positive and 33% were negative. The best month was Apr 2020 with a return of +13.3%, while the worst month was Mar 2020 at -11.6%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 5 months.
On a daily basis, Top 3 Funds closed higher 55% of trading days. The best single day was Apr 9, 2025 with a return of +10.0%, while the worst single day was Mar 16, 2020 at -11.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.13% | -1.68% | -5.09% | 11.97% | 6.25% | -2.76% | 9.16% | ||||||
| 2025 | 2.69% | -1.82% | -6.46% | 0.12% | 7.39% | 5.56% | 2.71% | 1.63% | 4.16% | 2.71% | -0.17% | -0.01% | 19.33% |
| 2024 | 2.03% | 5.91% | 2.90% | -3.98% | 5.56% | 4.66% | 0.38% | 2.30% | 2.39% | -0.85% | 5.96% | -1.31% | 28.60% |
| 2023 | 6.07% | -2.33% | 4.43% | 1.54% | 1.18% | 6.43% | 3.19% | -1.29% | -4.78% | -2.25% | 9.03% | 4.29% | 27.52% |
| 2022 | -6.27% | -3.46% | 4.01% | -10.04% | -0.28% | -8.25% | 10.40% | -4.55% | -9.46% | 6.92% | 5.36% | -6.35% | -22.04% |
| 2021 | -0.87% | 1.84% | 3.96% | 5.81% | 0.16% | 3.42% | 2.86% | 3.39% | -5.06% | 7.72% | 0.01% | 3.81% | 29.88% |
Benchmark Metrics
Top 3 Funds has an annualized alpha of 2.29%, beta of 1.02, and R2 of 0.99 versus S&P 500 Index. Calculated based on daily prices since May 04, 2011.
- This portfolio captured 108.52% of S&P 500 Index gains but only 96.34% of its losses - a favorable profile for investors.
- This portfolio generated an annualized alpha of 2.29% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- With beta of 1.02 and R2 of 0.99, 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
- 2.29%
- Beta
- 1.02
- R²
- 0.99
- Upside Capture
- 108.52%
- Downside Capture
- 96.34%
Expense Ratio
Top 3 Funds 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.
Return for Risk
Risk / Return Rank
Top 3 Funds ranks 40 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 Top 3 Funds and compares them with S&P 500 Index.
| Portfolio | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | 1.98 | 1.94 | +0.04 |
| Sortino ratioReturn per unit of downside risk | 2.67 | 2.63 | +0.04 |
| Omega ratioGain probability vs. loss probability | 1.36 | 1.35 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 2.54 | 2.59 | -0.05 |
| Martin ratioReturn relative to average drawdown | 11.40 | 11.84 | -0.45 |
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 |
|---|---|---|---|---|---|---|
FXAIX Fidelity 500 Index Fund | 59 | 2.13 | 2.87 | 1.39 | 2.92 | 13.57 |
VOO Vanguard S&P 500 ETF | 69 | 2.08 | 2.80 | 1.38 | 2.81 | 12.97 |
VOOG Vanguard S&P 500 Growth ETF | 55 | 1.79 | 2.41 | 1.31 | 2.13 | 8.74 |
Loading charts...
Dividends
Dividend yield
Top 3 Funds provided a 0.85% dividend yield over the last twelve months.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 0.85% | 0.91% | 0.99% | 1.34% | 1.44% | 1.00% | 1.34% | 1.73% | 2.04% | 1.69% | 2.00% | 2.16% |
| Portfolio components: | ||||||||||||
FXAIX Fidelity 500 Index Fund | 1.06% | 1.11% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 2.06% | 2.72% | 1.97% | 2.52% | 2.83% |
VOO Vanguard S&P 500 ETF | 1.05% | 1.13% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% |
VOOG Vanguard S&P 500 Growth ETF | 0.45% | 0.49% | 0.49% | 1.12% | 0.93% | 0.53% | 0.88% | 1.26% | 1.34% | 1.32% | 1.47% | 1.56% |
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.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Top 3 Funds. 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 Top 3 Funds was 33.05%, occurring on Mar 23, 2020. Recovery took 84 trading sessions.
The current Top 3 Funds drawdown is 3.27%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -33.05%Mar 2020 | 1mo 2d | 4mo 1d | 5mo 3dFeb 2020 - Jul 2020 |
Bear market2022 | -27.14%Oct 2022 | 9mo 20d | 1y 3mo | 2y 22dDec 2021 - Jan 2024 |
2025 selloff2025 | -19.87%Apr 2025 | 1mo 17d | 2mo 17d | 4mo 4dFeb 2025 - Jun 2025 |
Rate-hike selloffLate 2018 | -19.78%Dec 2018 | 2mo 23d | 3mo 19d | 6mo 12dOct 2018 - Apr 2019 |
2011 correction2011 | -17.69%Oct 2011 | 2mo 27d | 4mo 3d | 7moJul 2011 - Feb 2012 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Diversification
Diversification Metrics
Number of Effective Assets
The portfolio contains 3 assets, with an effective number of assets of 3.00, 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 | 1.01 | 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.
Top 3 Funds correlation to the S&P 500 Index
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.99 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.99 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.99 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.99 |
Correlation (All Time) Calculated using the full available price history since May 4, 2011 | 0.99 |
Benchmark Correlations
Correlation vs. S&P 500 Index. FXAIX has the highest benchmark correlation at 1.00, while VOOG has the lowest at 0.95.
Asset Correlations Table
Find what Top 3 Funds is missing
See which holdings overlap, where Top 3 Funds is concentrated, and which low-correlation assets could fill the gaps.
Analyze Diversification