INDIVIDUAL

Asset Allocation

Position	Category/Sector	Target Weight
DVY iShares Select Dividend ETF	Large Cap Value Equities, Dividend	5.81%
FCNTX Fidelity Contrafund Fund	Large Cap Growth Equities	0.33%
FMAGX Fidelity Magellan Fund	Large Cap Growth Equities	0.33%
FNARX Fidelity Natural Resources Fund	Energy Equities	0.17%
FNCMX Fidelity NASDAQ Composite Index Fund	Large Cap Growth Equities	0.33%
FSELX Fidelity Select Semiconductors Portfolio	Technology Equities	0.35%
FSPGX Fidelity Large Cap Growth Index Fund	Large Cap Growth Equities	0.17%
SCHD Schwab U.S. Dividend Equity ETF	Dividend	6.75%
SPAXX Fidelity Government Money Market Fund	Money Market	82.23%
VIG Vanguard Dividend Appreciation ETF	Dividend	3.53%

Benchmark Against

Benchmark

S&P 500 Index

Rebalance

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in INDIVIDUAL, 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 graphics...

The earliest data available for this chart is May 25, 2021, corresponding to the inception date of SPAXX

Returns By Period

	1D	1M	YTD	6M	1Y	3Y*	5Y*	10Y*
Benchmark S&P 500 Index	0.11%	-4.18%	-3.84%	-1.98%	21.98%	16.86%	10.37%	12.29%
Portfolio INDIVIDUAL	0.04%	-0.42%	1.72%	2.63%	6.66%	4.27%	—	—
Portfolio components:
DVY iShares Select Dividend ETF	0.42%	-1.30%	8.28%	7.99%	21.97%	13.11%	9.60%	10.27%
FCNTX Fidelity Contrafund Fund	-0.04%	-5.05%	-4.61%	-1.83%	25.97%	24.90%	13.39%	16.17%
FMAGX Fidelity Magellan Fund	0.36%	-5.09%	-6.42%	-8.91%	19.35%	18.91%	10.59%	13.78%
FNARX Fidelity Natural Resources Fund	0.67%	4.66%	28.79%	32.90%	58.66%	19.91%	24.69%	12.83%
FNCMX Fidelity NASDAQ Composite Index Fund	0.18%	-4.02%	-5.75%	-3.72%	32.97%	22.48%	11.09%	17.07%
FSELX Fidelity Select Semiconductors Portfolio	0.27%	0.99%	10.34%	15.28%	124.52%	48.26%	32.36%	32.84%
FSPGX Fidelity Large Cap Growth Index Fund	0.00%	-5.01%	-8.99%	-8.24%	24.83%	21.48%	12.58%	—
SCHD Schwab U.S. Dividend Equity ETF	0.16%	-2.29%	12.35%	13.59%	18.75%	11.70%	8.35%	12.30%
SPAXX Fidelity Government Money Market Fund	0.00%	0.00%	0.53%	1.46%	3.49%	2.14%	—	—
VIG Vanguard Dividend Appreciation ETF	0.16%	-3.84%	-1.33%	-0.02%	16.93%	13.72%	9.86%	12.36%

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

Monthly Returns

Based on dividend-adjusted daily data since May 26, 2021, INDIVIDUAL's average daily return is +0.01%, while the average monthly return is +0.23%. At this rate, your investment would double in approximately 25.1 years.

Historically, 63% of months were positive and 37% were negative. The best month was Oct 2022 with a return of +1.8%, while the worst month was Sep 2022 at -1.6%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 3 months.

On a daily basis, INDIVIDUAL closed higher 53% of trading days. The best single day was Apr 9, 2025 with a return of +1.1%, while the worst single day was Apr 4, 2025 at -1.0%.

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Total
2026	1.33%	0.96%	-0.59%	0.02%									1.72%
2025	0.71%	0.54%	-0.19%	-0.54%	0.81%	0.84%	0.46%	1.03%	0.43%	0.09%	0.70%	0.21%	5.21%
2024	0.00%	0.46%	0.87%	-0.69%	0.95%	0.01%	0.97%	0.50%	0.59%	-0.08%	1.24%	-0.77%	4.11%
2023	0.66%	-0.55%	-0.03%	0.04%	-0.74%	0.99%	0.69%	-0.43%	-0.42%	-0.54%	1.23%	1.03%	1.92%
2022	-0.44%	-0.27%	0.61%	-0.86%	0.57%	-1.44%	0.94%	-0.52%	-1.56%	1.79%	1.28%	-0.75%	-0.71%
2021					0.12%	-0.15%	0.13%	0.43%	-0.67%	0.84%	-0.28%	1.18%	1.59%

Benchmark Metrics

INDIVIDUAL has an annualized alpha of 1.41%, beta of 0.13, and R² of 0.74 versus S&P 500 Index. Calculated based on daily prices since May 26, 2021.

This portfolio participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (14.97%) than losses (14.04%) — typical of diversified or defensive assets.
Beta of 0.13 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: 1.41%

Beta: 0.13

R²: 0.74

Upside Capture: 14.97%

Downside Capture: 14.04%

Expense Ratio

INDIVIDUAL 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.

FNARX

Fidelity Natural Resources Fund

FMAGX

Fidelity Magellan Fund

FSELX

Fidelity Select Semiconductors Portfolio

DVY

iShares Select Dividend ETF

FCNTX

Fidelity Contrafund Fund

FNCMX

Fidelity NASDAQ Composite Index Fund

SCHD

Schwab U.S. Dividend Equity ETF

VIG

Vanguard Dividend Appreciation ETF

FSPGX

Fidelity Large Cap Growth Index Fund

Return for Risk

Risk / Return Rank

INDIVIDUAL ranks 88 for risk / return — in the top 88% of portfolios on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

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	2.11	0.88	+1.23
Sortino ratio Return per unit of downside risk	3.14	1.37	+1.78
Omega ratio Gain probability vs. loss probability	1.48	1.21	+0.27
Calmar ratio Return relative to maximum drawdown	2.69	1.39	+1.30
Martin ratio Return relative to average drawdown	13.34	6.43	+6.91
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
DVY iShares Select Dividend ETF	51	1.07	1.54	1.22	1.42	6.07
FCNTX Fidelity Contrafund Fund	47	0.98	1.51	1.22	1.78	6.67
FMAGX Fidelity Magellan Fund	23	0.67	1.13	1.16	1.05	3.63
FNARX Fidelity Natural Resources Fund	92	2.31	2.84	1.43	2.97	13.92
FNCMX Fidelity NASDAQ Composite Index Fund	55	1.08	1.68	1.24	1.97	7.08
FSELX Fidelity Select Semiconductors Portfolio	95	2.44	3.06	1.43	5.97	24.05
FSPGX Fidelity Large Cap Growth Index Fund	29	0.79	1.30	1.18	1.16	3.89
SCHD Schwab U.S. Dividend Equity ETF	40	0.89	1.34	1.19	1.09	3.69
SPAXX Fidelity Government Money Market Fund	—	3.48	—	—	—	—
VIG Vanguard Dividend Appreciation ETF	42	0.84	1.28	1.19	1.24	5.41

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.

INDIVIDUAL Sharpe ratios as of Apr 4, 2026 (values are recalculated daily):

1-Year: 2.11
All Time: 1.08

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 0.99 to 1.69, this portfolio's current Sharpe ratio is in the top 25%. This signifies superior risk-adjusted performance, meaning the portfolio is delivering strong returns for the level of risk taken compared to most others.

The chart below shows the rolling Sharpe ratio of INDIVIDUAL compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.

Loading graphics...

Dividends

Dividend yield

INDIVIDUAL provided a 3.41% dividend yield over the last twelve months.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Portfolio	3.41%	3.82%	1.84%	0.94%	0.59%	0.51%	0.55%	0.55%	0.65%	0.52%	0.49%	0.59%
Portfolio components:
DVY iShares Select Dividend ETF	3.46%	3.65%	3.65%	3.82%	3.43%	3.12%	3.66%	3.41%	3.58%	3.00%	3.04%	3.45%
FCNTX Fidelity Contrafund Fund	4.89%	5.21%	4.19%	3.78%	11.87%	10.80%	8.01%	4.16%	7.46%	6.08%	3.81%	5.33%
FMAGX Fidelity Magellan Fund	14.85%	13.90%	6.12%	11.72%	5.02%	7.01%	0.30%	14.93%	10.83%	9.64%	2.92%	7.60%
FNARX Fidelity Natural Resources Fund	1.47%	1.89%	1.51%	1.60%	2.42%	1.46%	1.79%	1.42%	1.17%	1.38%	0.62%	0.78%
FNCMX Fidelity NASDAQ Composite Index Fund	0.55%	0.51%	0.61%	0.67%	0.88%	0.47%	0.67%	4.41%	1.93%	0.03%	1.01%	1.50%
FSELX Fidelity Select Semiconductors Portfolio	10.07%	11.11%	7.97%	7.20%	6.69%	6.99%	8.13%	3.36%	26.80%	14.44%	3.82%	15.22%
FSPGX Fidelity Large Cap Growth Index Fund	0.38%	0.34%	0.37%	0.73%	0.86%	2.22%	1.76%	1.04%	1.32%	0.22%	0.00%	0.00%
SCHD Schwab U.S. Dividend Equity ETF	3.45%	3.82%	3.64%	3.49%	3.39%	2.78%	3.16%	2.98%	3.06%	2.63%	2.89%	2.97%
SPAXX Fidelity Government Money Market Fund	3.42%	3.88%	1.53%	0.41%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VIG Vanguard Dividend Appreciation ETF	1.60%	1.62%	1.73%	1.88%	1.96%	1.55%	1.63%	1.71%	2.08%	1.88%	2.14%	2.34%

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 graphics...

Worst Drawdowns

The table below displays the maximum drawdowns of the INDIVIDUAL. 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 INDIVIDUAL was 3.16%, occurring on Sep 30, 2022. Recovery took 202 trading sessions.

The current INDIVIDUAL drawdown is 0.58%.

Depth	Start	To Bottom	Bottom	To Recover	End	Total
-3.16%	Jan 13, 2022	180	Sep 30, 2022	202	Jul 24, 2023	382
-2.33%	Mar 3, 2025	27	Apr 8, 2025	27	May 16, 2025	54
-1.65%	Aug 1, 2023	63	Oct 27, 2023	24	Dec 1, 2023	87
-1.28%	Dec 2, 2024	14	Dec 19, 2024	30	Feb 5, 2025	44
-1.01%	Mar 3, 2026	14	Mar 20, 2026	—	—	—

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.

Loading graphics...

Diversification

Diversification Metrics

Number of Effective Assets

The portfolio contains 10 assets, with an effective number of assets of 1.46, 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	SPAXX	FNARX	DVY	FSELX	SCHD	FSPGX	FNCMX	FCNTX	FMAGX	VIG	Portfolio
Benchmark	1.00	0.00	0.44	0.66	0.80	0.71	0.95	0.94	0.94	0.94	0.90	0.81
SPAXX	0.00	1.00	-0.02	0.02	-0.05	0.05	-0.01	-0.02	-0.01	-0.00	0.03	0.19
FNARX	0.44	-0.02	1.00	0.59	0.33	0.57	0.31	0.33	0.37	0.33	0.45	0.57
DVY	0.66	0.02	0.59	1.00	0.37	0.91	0.45	0.47	0.50	0.51	0.79	0.92
FSELX	0.80	-0.05	0.33	0.37	1.00	0.44	0.84	0.86	0.81	0.82	0.63	0.54
SCHD	0.71	0.05	0.57	0.91	0.44	1.00	0.52	0.53	0.55	0.57	0.85	0.95
FSPGX	0.95	-0.01	0.31	0.45	0.84	0.52	1.00	0.99	0.96	0.95	0.77	0.63
FNCMX	0.94	-0.02	0.33	0.47	0.86	0.53	0.99	1.00	0.95	0.93	0.75	0.64
FCNTX	0.94	-0.01	0.37	0.50	0.81	0.55	0.96	0.95	1.00	0.94	0.78	0.66
FMAGX	0.94	-0.00	0.33	0.51	0.82	0.57	0.95	0.93	0.94	1.00	0.83	0.68
VIG	0.90	0.03	0.45	0.79	0.63	0.85	0.77	0.75	0.78	0.83	1.00	0.91
Portfolio	0.81	0.19	0.57	0.92	0.54	0.95	0.63	0.64	0.66	0.68	0.91	1.00

The correlation results are calculated based on daily price changes starting from May 26, 2021

INDIVIDUAL

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