BND , SCHD, SHV

Asset Allocation

Position	Category/Sector	Target Weight
SCHD Schwab U.S. Dividend Equity ETF	Dividend	50%
BND Vanguard Total Bond Market ETF	Total Bond Market	25%
SHV iShares 0-1 Year Treasury Bond ETF	Government Bonds, Ultrashort Bond	25%

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 BND , SCHD, SHV, 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 13, 2026, the BND , SCHD, SHV returned 10.62% Year-To-Date and 7.61% of annualized return in the last 10 years.

Position	1D	1M	YTD	6M	1Y	3Y*	5Y*	10Y*
Benchmark S&P 500 Index	0.50%	-0.93%	8.56%	8.85%	24.33%	19.37%	11.84%	13.61%
Portfolio BND , SCHD, SHV	0.44%	1.82%	10.62%	10.28%	15.23%	9.68%	5.32%	7.61%
Portfolio components:
BND Vanguard Total Bond Market ETF	-0.12%	0.42%	0.52%	0.91%	4.40%	4.17%	0.03%	1.58%
SCHD Schwab U.S. Dividend Equity ETF	0.89%	3.37%	20.66%	19.57%	26.16%	14.90%	8.75%	12.91%
SHV iShares 0-1 Year Treasury Bond ETF	0.03%	0.31%	1.53%	1.73%	3.90%	4.63%	3.34%	2.23%

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

Monthly Returns

Based on dividend-adjusted daily data since Oct 20, 2011, BND , SCHD, SHV's average daily return is +0.03%, while the average monthly return is +0.64%. At this rate, an investment would double in approximately 9.1 years.

Historically, 68% of months were positive and 32% were negative. The best month was Apr 2020 with a return of +7.0%, while the worst month was Mar 2020 at -5.9%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 3 months.

On a daily basis, BND , SCHD, SHV closed higher 55% of trading days. The best single day was Mar 13, 2020 with a return of +5.0%, while the worst single day was Mar 12, 2020 at -6.0%.

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Total
2026	4.46%	3.84%	-1.75%	2.38%	0.82%	0.55%							10.62%
2025	1.17%	1.90%	-0.50%	-3.67%	0.56%	1.58%	0.02%	3.08%	-0.30%	-0.78%	1.78%	0.24%	5.02%
2024	0.13%	0.68%	2.66%	-2.77%	1.55%	0.34%	3.81%	1.69%	0.89%	-0.43%	2.68%	-3.71%	7.50%
2023	1.95%	-2.26%	0.30%	-0.18%	-2.26%	2.67%	2.17%	-0.81%	-2.64%	-2.17%	4.37%	4.17%	5.04%
2022	-1.90%	-1.25%	0.79%	-3.05%	2.14%	-4.41%	2.57%	-2.05%	-4.76%	5.33%	4.53%	-1.93%	-4.52%
2021	-0.67%	2.64%	4.33%	1.32%	1.66%	-0.30%	0.62%	1.00%	-2.12%	2.20%	-1.00%	3.59%	13.88%

Benchmark Metrics

BND , SCHD, SHV has an annualized alpha of 2.17%, beta of 0.40, and R2 of 0.77 versus S&P 500 Index. Calculated based on daily prices since October 20, 2011.

This portfolio participated in 45.66% of S&P 500 Index downside but only 45.01% of its upside - more exposed to losses than it benefited from rallies.
This portfolio generated an annualized alpha of 2.17% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
Beta of 0.40 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: 2.17%

Beta: 0.40

R²: 0.77

Upside Capture: 45.01%

Downside Capture: 45.66%

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

Expense Ratio

BND , SCHD, SHV has an expense ratio of 0.08%, 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.

SHV

iShares 0-1 Year Treasury Bond ETF

SCHD

Schwab U.S. Dividend Equity ETF

BND

Vanguard Total Bond Market ETF

Return for Risk

Risk / Return Rank

BND , SCHD, SHV 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

The table below presents risk-adjusted performance metrics for BND , SCHD, SHV 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	2.58	1.86	+0.72
Sortino ratioReturn per unit of downside risk	4.17	2.53	+1.63
Omega ratioGain probability vs. loss probability	1.49	1.34	+0.15
Calmar ratioReturn relative to maximum drawdown	5.18	2.53	+2.65
Martin ratioReturn relative to average drawdown	16.60	11.37	+5.23

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
BND Vanguard Total Bond Market ETF	37	1.18	1.77	1.21	1.65	4.81
SCHD Schwab U.S. Dividend Equity ETF	87	2.41	3.72	1.43	5.70	13.97
SHV iShares 0-1 Year Treasury Bond ETF	100	19.49	149.54	53.77	431.38	2,419.80

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.

The current BND , SCHD, SHV Sharpe ratio is 2.58 as of Jun 13, 2026 (the value is recalculated daily), calculated over the past 12 months.

Compared to the broad market, where average Sharpe ratios range from 1.54 to 2.41, 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 BND , SCHD, SHV 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

BND , SCHD, SHV provided a 3.55% dividend yield over the last twelve months.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Portfolio	3.55%	3.90%	3.99%	3.70%	2.69%	1.92%	2.36%	2.72%	2.65%	2.13%	2.16%	2.14%
Portfolio components:
BND Vanguard Total Bond Market ETF	3.96%	3.86%	3.67%	3.09%	2.60%	2.12%	2.38%	2.72%	2.81%	2.54%	2.51%	2.57%
SCHD Schwab U.S. Dividend Equity ETF	3.22%	3.82%	3.64%	3.49%	3.39%	2.78%	3.16%	2.98%	3.06%	2.63%	2.89%	2.97%
SHV iShares 0-1 Year Treasury Bond ETF	3.83%	4.09%	5.02%	4.73%	1.39%	0.00%	0.74%	2.19%	1.66%	0.72%	0.34%	0.03%

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 BND , SCHD, SHV. 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 BND , SCHD, SHV was 16.83%, occurring on Mar 23, 2020. Recovery took 53 trading sessions.

Related event	Drawdown	Fall	Recovery	Underwater
COVID crash2020	-16.83%Mar 2020	1mo 9d	2mo 17d	3mo 26dFeb 2020 - Jun 2020
Bear market2022	-11.95%Sep 2022	8mo 28d	1y 2mo	1y 11moJan 2022 - Dec 2023
Rate-hike selloffLate 2018	-8.19%Dec 2018	3mo 1d	2mo	5mo 1dSep 2018 - Feb 2019
2025 selloff2025	-7.90%Apr 2025	4mo 7d	4mo 16d	8mo 23dDec 2024 - Aug 2025
2015 pullback2015	-7.16%Aug 2015	6mo	6mo 15d	1y 10dFeb 2015 - Mar 2016

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 3 assets, with an effective number of assets of 2.67, 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	10Y	All Time
Diversification Ratio	1.12	1.13	1.15	1.14	1.14

The portfolio has a diversification ratio of 1.14, placing it in the bottom quartile across portfolios — positions are highly correlated. Consider adding assets from different classes or sectors to reduce risk.

BND , SCHD, SHV correlation to the S&P 500 Index

BND , SCHD, SHV has a 0.39 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	0.39
Correlation (3Y) Calculated over the trailing 3-year period	0.56
Correlation (5Y) Calculated over the trailing 5-year period	0.70
Correlation (10Y) Calculated over the trailing 10-year period	0.76
Correlation (All Time) Calculated using the full available price history since Oct 20, 2011	0.81

Benchmark Correlations

Correlation vs. S&P 500 Index. SCHD has the highest benchmark correlation at 0.82, while BND has the lowest at -0.05.

BND

-0.05

SHV

-0.02

SCHD

0.82

Portfolio Correlations

Correlation vs. BND , SCHD, SHV. SCHD has the highest portfolio correlation at 0.98, while SHV has the lowest at 0.02.

SHV

0.02

BND

0.08

SCHD

0.98

Asset Correlations Table

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

	SHV	BND	SCHD
SHV	1.00	0.18	-0.02
BND	0.18	1.00	-0.06
SCHD	-0.02	-0.06	1.00

The correlation results are calculated based on daily price changes starting from Oct 20, 2011

Diversification Analysis

Find what BND , SCHD, SHV is missing

See which holdings overlap, where BND , SCHD, SHV is concentrated, and which low-correlation assets could fill the gaps.

Analyze Diversification