Asset Allocation
Find the right asset allocation for Benz-modified retirement
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 Benz-modified retirement, 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 13, 2026, the Benz-modified retirement returned 13.25% Year-To-Date and 11.40% 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 Benz-modified retirement | 0.39% | 1.13% | 13.25% | 13.83% | 26.88% | 17.41% | 10.62% | 11.40% |
| Portfolio components: | ||||||||
IVLU iShares MSCI International Value Factor ETF | 0.56% | 0.66% | 12.96% | 14.33% | 35.32% | 23.53% | 14.06% | 11.63% |
SCHD Schwab U.S. Dividend Equity ETF | 0.89% | 3.21% | 20.66% | 19.57% | 26.72% | 14.90% | 8.75% | 12.91% |
SMH VanEck Semiconductor ETF | 1.72% | 7.20% | 72.15% | 75.62% | 141.99% | 60.05% | 38.42% | 37.49% |
VBIRX Vanguard Short-Term Bond Index Fund Admiral Shares | 0.20% | 0.25% | 0.30% | 0.83% | 3.74% | 4.45% | 1.61% | 1.91% |
VBTLX Vanguard Total Bond Market Index Fund Admiral Shares | 0.52% | 0.55% | 0.42% | 0.97% | 4.90% | 4.05% | 0.05% | 1.54% |
VGSH Vanguard Short-Term Treasury ETF | -0.03% | 0.16% | 0.57% | 0.83% | 3.36% | 4.25% | 1.83% | 1.73% |
VINIX Vanguard Institutional Index Fund Institutional Shares | 1.75% | -1.31% | 8.58% | 8.93% | 25.16% | 21.46% | 13.46% | 15.50% |
VITSX Vanguard Total Stock Market Index Fund Institutional Shares | 1.88% | -0.74% | 9.11% | 9.18% | 25.69% | 20.73% | 12.10% | 14.94% |
VTAPX Vanguard Short-Term Inflation-Protected Securities Index Fund Admiral Shares | 0.08% | -0.08% | 1.89% | 2.00% | 4.60% | 5.18% | 3.37% | 3.08% |
VWENX Vanguard Wellington Fund Admiral Shares | 1.32% | -1.12% | 5.10% | 5.87% | 18.41% | 14.75% | 8.43% | 10.13% |
Monthly Returns
Based on dividend-adjusted daily data since Jul 15, 2015, Benz-modified retirement's average daily return is +0.04%, while the average monthly return is +0.86%. At this rate, an investment would double in approximately 6.7 years.
Historically, 69% of months were positive and 31% were negative. The best month was Nov 2020 with a return of +8.1%, while the worst month was Mar 2020 at -7.4%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 3 months.
On a daily basis, Benz-modified retirement closed higher 55% of trading days. The best single day was Apr 9, 2025 with a return of +5.1%, while the worst single day was Mar 16, 2020 at -5.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.21% | 1.54% | -3.28% | 7.24% | 4.24% | -0.05% | 13.25% | ||||||
| 2025 | 1.69% | 0.47% | -1.99% | -0.32% | 3.56% | 4.01% | 0.97% | 2.21% | 2.41% | 1.84% | 0.69% | 0.78% | 17.43% |
| 2024 | 0.95% | 2.95% | 2.74% | -2.58% | 3.62% | 1.66% | 1.55% | 1.41% | 1.23% | -1.31% | 2.31% | -1.58% | 13.52% |
| 2023 | 5.02% | -1.68% | 2.75% | 0.20% | 0.45% | 3.27% | 2.37% | -1.24% | -2.91% | -1.87% | 6.18% | 4.26% | 17.60% |
| 2022 | -2.99% | -1.69% | 0.33% | -5.34% | 1.73% | -5.97% | 5.21% | -3.46% | -6.62% | 3.97% | 6.26% | -3.05% | -11.98% |
| 2021 | -0.02% | 2.40% | 2.53% | 1.95% | 1.36% | 0.88% | 1.00% | 1.37% | -2.40% | 3.01% | 0.14% | 2.68% | 15.82% |
Benchmark Metrics
Benz-modified retirement has an annualized alpha of 3.30%, beta of 0.55, and R2 of 0.93 versus S&P 500 Index. Calculated based on daily prices since July 15, 2015.
- This portfolio participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (61.93%) than losses (57.50%) - typical of diversified or defensive assets.
- This portfolio generated an annualized alpha of 3.30% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Beta of 0.55 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
- 3.30%
- Beta
- 0.55
- R²
- 0.93
- Upside Capture
- 61.93%
- Downside Capture
- 57.50%
Expense Ratio
Benz-modified retirement has an expense ratio of 0.11%, 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
Benz-modified retirement ranks 91 for risk / return — in the top 91% 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.
Return / Risk — by metrics
The table below presents risk-adjusted performance metrics for Benz-modified retirement 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 | 2.97 | 1.86 | +1.11 |
| Sortino ratioReturn per unit of downside risk | 4.12 | 2.53 | +1.59 |
| Omega ratioGain probability vs. loss probability | 1.59 | 1.34 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 4.64 | 2.53 | +2.11 |
| Martin ratioReturn relative to average drawdown | 20.29 | 11.37 | +8.92 |
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 |
|---|---|---|---|---|---|---|
IVLU iShares MSCI International Value Factor ETF | 71 | 2.17 | 2.98 | 1.39 | 2.90 | 11.01 |
SCHD Schwab U.S. Dividend Equity ETF | 86 | 2.41 | 3.72 | 1.43 | 5.70 | 13.97 |
SMH VanEck Semiconductor ETF | 95 | 4.13 | 4.26 | 1.60 | 9.18 | 33.74 |
VBIRX Vanguard Short-Term Bond Index Fund Admiral Shares | 50 | 1.66 | 2.81 | 1.33 | 2.43 | 7.64 |
VBTLX Vanguard Total Bond Market Index Fund Admiral Shares | 25 | 1.25 | 1.89 | 1.22 | 1.70 | 4.93 |
VGSH Vanguard Short-Term Treasury ETF | 87 | 2.61 | 4.30 | 1.55 | 3.76 | 14.67 |
VINIX Vanguard Institutional Index Fund Institutional Shares | 65 | 1.97 | 2.67 | 1.36 | 2.74 | 12.44 |
VITSX Vanguard Total Stock Market Index Fund Institutional Shares | 64 | 1.94 | 2.65 | 1.35 | 2.77 | 12.46 |
VTAPX Vanguard Short-Term Inflation-Protected Securities Index Fund Admiral Shares | 96 | 3.05 | 5.00 | 1.66 | 6.51 | 25.61 |
VWENX Vanguard Wellington Fund Admiral Shares | 66 | 2.02 | 2.80 | 1.38 | 2.64 | 11.92 |
Loading charts...
Dividends
Dividend yield
Benz-modified retirement provided a 3.66% dividend yield over the last twelve months.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 3.66% | 3.81% | 3.82% | 3.06% | 3.35% | 3.00% | 2.53% | 2.66% | 3.07% | 2.32% | 2.07% | 2.20% |
| Portfolio components: | ||||||||||||
IVLU iShares MSCI International Value Factor ETF | 3.28% | 3.71% | 4.46% | 4.69% | 3.59% | 3.47% | 2.05% | 3.53% | 2.82% | 2.87% | 2.53% | 0.93% |
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% |
SMH VanEck Semiconductor ETF | 0.18% | 0.31% | 0.44% | 0.60% | 1.18% | 0.51% | 0.69% | 1.50% | 1.88% | 1.43% | 0.80% | 2.14% |
VBIRX Vanguard Short-Term Bond Index Fund Admiral Shares | 3.99% | 3.83% | 3.37% | 2.41% | 1.46% | 1.22% | 1.77% | 2.24% | 2.03% | 1.66% | 1.50% | 1.41% |
VBTLX Vanguard Total Bond Market Index Fund Admiral Shares | 3.98% | 3.87% | 3.69% | 3.10% | 2.59% | 1.96% | 2.39% | 2.74% | 2.57% | 2.56% | 2.53% | 2.82% |
VGSH Vanguard Short-Term Treasury ETF | 3.87% | 4.00% | 4.18% | 3.31% | 1.15% | 0.66% | 1.74% | 2.28% | 1.79% | 1.10% | 0.84% | 0.69% |
VINIX Vanguard Institutional Index Fund Institutional Shares | 2.46% | 2.10% | 3.64% | 2.65% | 3.38% | 4.77% | 3.06% | 2.85% | 2.43% | 1.82% | 2.36% | 2.45% |
VITSX Vanguard Total Stock Market Index Fund Institutional Shares | 1.03% | 1.12% | 1.27% | 1.43% | 1.66% | 1.21% | 1.42% | 1.77% | 2.04% | 1.71% | 1.93% | 1.99% |
VTAPX Vanguard Short-Term Inflation-Protected Securities Index Fund Admiral Shares | 3.56% | 3.78% | 2.68% | 2.84% | 6.82% | 4.67% | 1.19% | 1.94% | 2.45% | 1.52% | 0.76% | 0.00% |
VWENX Vanguard Wellington Fund Admiral Shares | 11.05% | 11.55% | 10.85% | 6.08% | 8.28% | 8.72% | 7.85% | 4.74% | 9.58% | 5.88% | 4.53% | 6.58% |
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 Benz-modified retirement. 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 Benz-modified retirement was 19.47%, occurring on Mar 23, 2020. Recovery took 84 trading sessions.
The current Benz-modified retirement drawdown is 0.97%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -19.47%Mar 2020 | 1mo 9d | 4mo 1d | 5mo 10dFeb 2020 - Jul 2020 |
Bear market2022 | -18.70%Oct 2022 | 9mo 12d | 1y 1mo | 1y 11moJan 2022 - Dec 2023 |
Rate-hike selloffLate 2018 | -10.44%Dec 2018 | 10mo 29d | 2mo 21d | 1y 1moJan 2018 - Mar 2019 |
2025 selloff2025 | -9.88%Apr 2025 | 1mo 16d | 1mo 8d | 2mo 24dFeb 2025 - May 2025 |
2016 pullback2016 | -7.58%Feb 2016 | 2mo 11d | 2mo 2d | 4mo 13dDec 2015 - Apr 2016 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Diversification
Diversification Metrics
Number of Effective Assets
The portfolio contains 10 assets, with an effective number of assets of 10.00, 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 | 1.25 | 1.24 | 1.22 | 1.20 | 1.20 |
The portfolio has a diversification ratio of 1.20, in line with the typical range across portfolios. There's room to improve by adding less correlated assets.
Benz-modified retirement correlation to the S&P 500 Index
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.93 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.94 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.95 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.95 |
Correlation (All Time) Calculated using the full available price history since Jul 15, 2015 | 0.95 |
Benchmark Correlations
Correlation vs. S&P 500 Index. VINIX has the highest benchmark correlation at 1.00, while VGSH has the lowest at -0.10.
Asset Correlations Table
| VTAPX | VBTLX | VBIRX | VGSH | IVLU | SMH | SCHD | VWENX | VITSX | VINIX | |
|---|---|---|---|---|---|---|---|---|---|---|
| VTAPX | 1.00 | 0.55 | 0.58 | 0.59 | 0.11 | 0.04 | 0.08 | 0.17 | 0.09 | 0.08 |
| VBTLX | 0.55 | 1.00 | 0.82 | 0.73 | -0.04 | -0.06 | -0.07 | 0.09 | -0.05 | -0.05 |
| VBIRX | 0.58 | 0.82 | 1.00 | 0.80 | -0.02 | -0.09 | -0.06 | 0.05 | -0.06 | -0.07 |
| VGSH | 0.59 | 0.73 | 0.80 | 1.00 | -0.04 | -0.11 | -0.09 | 0.01 | -0.10 | -0.10 |
| IVLU | 0.11 | -0.04 | -0.02 | -0.04 | 1.00 | 0.52 | 0.65 | 0.68 | 0.68 | 0.67 |
| SMH | 0.04 | -0.06 | -0.09 | -0.11 | 0.52 | 1.00 | 0.54 | 0.72 | 0.78 | 0.77 |
| SCHD | 0.08 | -0.07 | -0.06 | -0.09 | 0.65 | 0.54 | 1.00 | 0.76 | 0.79 | 0.78 |
| VWENX | 0.17 | 0.09 | 0.05 | 0.01 | 0.68 | 0.72 | 0.76 | 1.00 | 0.95 | 0.95 |
| VITSX | 0.09 | -0.05 | -0.06 | -0.10 | 0.68 | 0.78 | 0.79 | 0.95 | 1.00 | 0.99 |
| VINIX | 0.08 | -0.05 | -0.07 | -0.10 | 0.67 | 0.77 | 0.78 | 0.95 | 0.99 | 1.00 |
Find what Benz-modified retirement is missing
See which holdings overlap, where Benz-modified retirement is concentrated, and which low-correlation assets could fill the gaps.
Analyze Diversification