Betterment 80/20

Asset Allocation

Position	Category/Sector	Target Weight
VTI Vanguard Total Stock Market ETF	Large Cap Blend Equities	27.90%
VEA Vanguard FTSE Developed Markets ETF	Foreign Large Cap Equities	20.50%
VWO Vanguard FTSE Emerging Markets ETF	Emerging Markets Equities	13%
MUB iShares National AMT-Free Muni Bond ETF	Municipal Bonds	7.40%
VTV Vanguard Value ETF	Large Cap Value Equities	7.40%
VOE Vanguard Mid-Cap Value ETF	Mid Cap Value Equities	6.10%
BNDX Vanguard Total International Bond ETF	Global Bonds	6%
VBR Vanguard Small-Cap Value ETF	Small Cap Value Equities	5.10%
VWOB Vanguard Emerging Markets Government Bond ETF	Emerging Markets Bonds	3.30%
AGG iShares Core U.S. Aggregate Bond ETF	Total Bond Market	2%
STIP iShares 0-5 Year TIPS Bond ETF	Inflation-Protected Bonds	1.30%

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 Betterment 80/20, 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 Jul 22, 2026, the Betterment 80/20 returned 10.18% Year-To-Date and 9.92% of annualized return in the last 10 years.

Position	1D	1M	6M	YTD	1Y	3Y*	5Y*	10Y*	ALL TIME*
Benchmark S&P 500 Index	0.89%	0.11%	10.48%	9.70%	19.09%	18.29%	11.45%	13.19%	8.09%
Portfolio Betterment 80/20	0.89%	-0.64%	8.43%	10.18%	19.32%	15.02%	8.44%	9.92%	9.08%
Portfolio components:
AGG iShares Core U.S. Aggregate Bond ETF	-0.21%	-0.84%	0.02%	-0.19%	3.36%	3.74%	-0.29%	1.39%	3.05%
BNDX Vanguard Total International Bond ETF	0.02%	-0.85%	0.20%	0.35%	1.31%	3.86%	0.00%	1.49%	2.26%
MUB iShares National AMT-Free Muni Bond ETF	-0.22%	-0.81%	0.60%	0.72%	5.86%	2.74%	0.61%	1.84%	3.15%
STIP iShares 0-5 Year TIPS Bond ETF	-0.05%	0.25%	1.81%	1.80%	3.24%	5.10%	3.18%	3.12%	2.37%
VBR Vanguard Small-Cap Value ETF	0.51%	2.56%	10.95%	16.11%	24.43%	14.74%	10.03%	10.56%	9.65%
VEA Vanguard FTSE Developed Markets ETF	1.79%	-2.54%	10.41%	13.59%	27.18%	17.84%	9.91%	10.12%	5.13%
VOE Vanguard Mid-Cap Value ETF	0.20%	3.58%	11.63%	15.00%	23.81%	14.54%	10.19%	10.57%	9.49%
VTI Vanguard Total Stock Market ETF	0.87%	0.14%	10.91%	10.86%	20.79%	19.44%	11.97%	14.58%	9.61%
VTV Vanguard Value ETF	0.77%	1.48%	12.87%	15.67%	25.79%	16.95%	12.37%	12.33%	9.65%
VWO Vanguard FTSE Emerging Markets ETF	1.61%	-3.14%	6.10%	9.62%	19.01%	15.95%	5.44%	7.82%	6.83%

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

Monthly Returns

Based on dividend-adjusted daily data since Jun 4, 2013, Betterment 80/20's average daily return is +0.04%, while the average monthly return is +0.78%. At this rate, an investment would double in approximately 7.4 years.

Historically, 68% of months were positive and 32% were negative. The best month was Nov 2020 with a return of +10.3%, while the worst month was Mar 2020 at -13.5%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 4 months.

On a daily basis, Betterment 80/20 closed higher 54% of trading days. The best single day was Mar 24, 2020 with a return of +7.0%, while the worst single day was Mar 16, 2020 at -9.1%.

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Total
2026	3.29%	2.54%	-5.46%	6.92%	2.94%	0.44%	-0.47%						10.18%
2025	2.62%	0.19%	-2.25%	0.06%	3.98%	3.69%	0.64%	2.91%	2.77%	1.24%	0.64%	0.88%	18.60%
2024	-0.60%	3.13%	3.08%	-2.93%	3.29%	0.71%	2.84%	1.88%	2.34%	-2.09%	3.27%	-3.34%	11.84%
2023	6.50%	-3.24%	1.56%	0.93%	-1.94%	4.98%	3.24%	-2.84%	-3.67%	-2.69%	7.74%	4.95%	15.62%
2022	-3.31%	-2.04%	0.69%	-6.32%	0.87%	-6.86%	5.50%	-3.38%	-8.31%	5.17%	7.84%	-3.44%	-14.10%
2021	0.12%	2.53%	2.68%	3.14%	1.62%	0.50%	0.03%	1.79%	-3.24%	3.56%	-2.19%	3.32%	14.48%

Benchmark Metrics

Betterment 80/20 has an annualized alpha of -0.13%, beta of 0.74, and R2 of 0.91 versus S&P 500 Index. Calculated based on daily prices since June 04, 2013.

This portfolio participated in 81.61% of S&P 500 Index downside but only 73.15% of its upside - more exposed to losses than it benefited from rallies.

Alpha: -0.13%

Beta: 0.74

R²: 0.91

Upside Capture: 73.15%

Downside Capture: 81.61%

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

Expense Ratio

Betterment 80/20 has an expense ratio of 0.05%, 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.

Top 10 holdings

VWOB

Vanguard Emerging Markets Government Bond ETF

VWO

Vanguard FTSE Emerging Markets ETF

MUB

iShares National AMT-Free Muni Bond ETF

BNDX

Vanguard Total International Bond ETF

STIP

iShares 0-5 Year TIPS Bond ETF

VBR

Vanguard Small-Cap Value ETF

VOE

Vanguard Mid-Cap Value ETF

VTV

Vanguard Value ETF

VTI

Vanguard Total Stock Market ETF

VEA

Vanguard FTSE Developed Markets ETF

Return for Risk

Risk / Return Rank

Betterment 80/20 ranks 60 for risk / return — better than 60% of Portfolios on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

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 Betterment 80/20 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	1.77	1.52	+0.25
Sortino ratioReturn per unit of downside risk	2.50	2.11	+0.39
Omega ratioGain probability vs. loss probability	1.32	1.27	+0.05
Calmar ratioReturn relative to maximum drawdown	2.44	2.11	+0.33
Martin ratioReturn relative to average drawdown	10.13	9.09	+1.04

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
AGG iShares Core U.S. Aggregate Bond ETF	32	0.89	1.31	1.16	1.22	3.30
BNDX Vanguard Total International Bond ETF	17	0.38	0.55	1.07	0.45	1.19
MUB iShares National AMT-Free Muni Bond ETF	75	2.04	2.94	1.42	2.11	7.36
STIP iShares 0-5 Year TIPS Bond ETF	90	2.13	3.34	1.44	4.49	14.77
VBR Vanguard Small-Cap Value ETF	71	1.64	2.45	1.29	2.77	9.83
VEA Vanguard FTSE Developed Markets ETF	65	1.59	2.21	1.29	2.35	8.80
VOE Vanguard Mid-Cap Value ETF	85	2.09	3.04	1.37	3.45	13.12
VTI Vanguard Total Stock Market ETF	67	1.62	2.25	1.29	2.34	10.21
VTV Vanguard Value ETF	91	2.51	3.64	1.45	4.08	15.45
VWO Vanguard FTSE Emerging Markets ETF	43	1.10	1.59	1.21	1.71	5.74

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 Betterment 80/20 Sharpe ratio is 1.77 as of Jul 22, 2026 (the value is recalculated daily), calculated over the past 12 months.

Compared to the broad market, where average Sharpe ratios range from 1.24 to 2.05, 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 Betterment 80/20 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

Betterment 80/20 provided a 2.32% dividend yield over the last twelve months.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Portfolio	2.32%	2.54%	2.64%	2.68%	2.57%	2.27%	1.90%	2.57%	2.72%	2.24%	2.37%	2.49%
Portfolio components:
AGG iShares Core U.S. Aggregate Bond ETF	4.03%	3.89%	3.74%	3.13%	2.39%	1.77%	2.14%	2.70%	2.72%	2.32%	2.39%	2.45%
BNDX Vanguard Total International Bond ETF	4.53%	4.39%	4.18%	4.42%	1.51%	3.74%	1.11%	3.40%	3.01%	2.23%	1.89%	1.63%
MUB iShares National AMT-Free Muni Bond ETF	3.21%	3.14%	3.01%	2.65%	2.11%	1.81%	2.11%	2.42%	2.46%	2.26%	2.21%	2.51%
STIP iShares 0-5 Year TIPS Bond ETF	4.91%	4.11%	2.62%	2.84%	6.04%	4.15%	1.40%	2.06%	2.44%	1.59%	0.89%	0.00%
VBR Vanguard Small-Cap Value ETF	1.77%	1.95%	1.98%	2.12%	2.03%	1.75%	1.68%	2.06%	2.35%	1.79%	1.77%	1.99%
VEA Vanguard FTSE Developed Markets ETF	2.57%	3.22%	3.35%	3.15%	2.91%	3.16%	2.04%	3.04%	3.35%	2.77%	3.05%	2.92%
VOE Vanguard Mid-Cap Value ETF	1.84%	2.10%	2.11%	2.27%	2.27%	1.78%	2.36%	2.05%	2.75%	1.86%	1.92%	2.05%
VTI Vanguard Total Stock Market ETF	1.06%	1.12%	1.27%	1.44%	1.66%	1.21%	1.42%	1.78%	2.04%	1.71%	1.92%	1.98%
VTV Vanguard Value ETF	1.87%	2.05%	2.31%	2.46%	2.52%	2.15%	2.56%	2.50%	2.73%	2.29%	2.44%	2.60%
VWO Vanguard FTSE Emerging Markets ETF	2.35%	2.79%	3.20%	3.52%	4.11%	2.63%	1.91%	3.23%	2.88%	2.30%	2.52%	3.26%

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 Betterment 80/20. 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 Betterment 80/20 was 30.19%, occurring on Mar 23, 2020. Recovery took 114 trading sessions.

The current Betterment 80/20 drawdown is 1.01%.

Drawdown	Fall	Recovery	Underwater	Related event
-30.19%Mar 2020	1mo 9d	5mo 13d	6mo 22dFeb 2020 - Sep 2020	COVID crash2020
-22.22%Oct 2022	11mo 7d	1y 4mo	2y 3moNov 2021 - Feb 2024	Bear market2022
-16.02%Dec 2018	10mo 29d	6mo 10d	1y 5moJan 2018 - Jul 2019	Rate-hike selloffLate 2018
-15.78%Feb 2016	8mo 25d	6mo 2d	1y 2moMay 2015 - Aug 2016	—
-12.69%Apr 2025	1mo 18d	1mo 7d	2mo 25dFeb 2025 - May 2025	2025 selloff2025

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 11 assets, with an effective number of assets of 6.28, reflecting the diversification based on asset allocation. Your allocation shows noticeable concentration: a few holdings carry significantly more weight than the rest. Rebalancing toward more even weights — or adding less correlated assets — could reduce risk.

Diversification Ratio

	1Y	3Y	5Y	10Y	All Time
Diversification Ratio	1.13	1.15	1.14	1.12	1.12

The portfolio has a diversification ratio of 1.12, placing it in the bottom quartile across portfolios — positions are highly correlated. Consider adding assets from different classes or sectors to reduce risk.

Betterment 80/20 correlation to the S&P 500 Index

Betterment 80/20 has a 0.91 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	0.91
Correlation (3Y) Calculated over the trailing 3-year period	0.90
Correlation (5Y) Calculated over the trailing 5-year period	0.92
Correlation (10Y) Calculated over the trailing 10-year period	0.92
Correlation (All Time) Calculated using the full available price history since Jun 4, 2013	0.93

Benchmark Correlations

Correlation vs. S&P 500 Index. VTI has the highest benchmark correlation at 0.99, while MUB has the lowest at 0.00.

0.00

0.02

0.02

0.07

0.44

0.68

0.80

0.81

0.83

0.87

Portfolio Correlations

Correlation vs. Betterment 80/20. VTI has the highest portfolio correlation at 0.94, while MUB has the lowest at 0.06.

0.06

0.07

0.09

0.13

0.52

0.83

0.87

0.88

0.88

0.93

Asset Correlations Table

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

	BNDX	MUB	STIP	AGG	VWOB	VWO	VBR	VOE	VTV	VEA	VTI
BNDX	1.00	0.58	0.39	0.72	0.45	0.03	-0.01	-0.01	-0.02	0.05	0.02
MUB	0.58	1.00	0.44	0.72	0.42	0.03	-0.02	-0.01	-0.04	0.05	0.01
STIP	0.39	0.44	1.00	0.57	0.41	0.11	0.07	0.08	0.06	0.14	0.07
AGG	0.72	0.72	0.57	1.00	0.54	0.06	-0.01	0.00	-0.02	0.08	0.03
VWOB	0.45	0.42	0.41	0.54	1.00	0.46	0.39	0.40	0.38	0.50	0.44
VWO	0.03	0.03	0.11	0.06	0.46	1.00	0.60	0.60	0.61	0.79	0.69
VBR	-0.01	-0.02	0.07	-0.01	0.39	0.60	1.00	0.94	0.88	0.74	0.85
VOE	-0.01	-0.01	0.08	0.00	0.40	0.60	0.94	1.00	0.94	0.75	0.85
VTV	-0.02	-0.04	0.06	-0.02	0.38	0.61	0.88	0.94	1.00	0.77	0.87
VEA	0.05	0.05	0.14	0.08	0.50	0.79	0.74	0.75	0.77	1.00	0.81
VTI	0.02	0.01	0.07	0.03	0.44	0.69	0.85	0.85	0.87	0.81	1.00

The correlation results are calculated based on daily price changes starting from Jun 4, 2013

Diversification Analysis

Find what Betterment 80/20 is missing

See which holdings overlap, where Betterment 80/20 is concentrated, and which low-correlation assets could fill the gaps.

Analyze Diversification