Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
VOO Vanguard S&P 500 ETF | S&P 500 | 27% |
SCHD Schwab U.S. Dividend Equity ETF | Dividend | 27% |
QQQ Invesco QQQ ETF | Nasdaq-100 | 26% |
SOXX iShares Semiconductor ETF | Semiconductors, Technology Equities | 10% |
FNDF Schwab Fundamental International Equity ETF | Foreign Large Cap Equities, Large Cap Value Equities | 10% |
Find the right asset allocation for 2023Sept
Add portfolio to the optimizer to find optimal allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
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Performance Chart
The chart shows the growth of an initial investment of $10,000 in 2023Sept, 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 2023Sept returned 24.76% Year-To-Date and 18.58% of annualized return in the last 10 years.
| Position | 1D | 1M | YTD | 6M | 1Y | 3Y* | 5Y* | 10Y* |
|---|---|---|---|---|---|---|---|---|
Benchmark S&P 500 Index | 0.50% | 0.31% | 8.56% | 8.85% | 24.33% | 19.37% | 11.84% | 13.61% |
Portfolio 2023Sept | 0.78% | 4.01% | 24.76% | 24.95% | 44.01% | 24.96% | 15.85% | 18.58% |
| Portfolio components: | ||||||||
FNDF Schwab Fundamental International Equity ETF | 0.39% | 0.88% | 19.66% | 21.60% | 41.60% | 22.69% | 13.11% | 12.34% |
QQQ Invesco QQQ ETF | 0.59% | 0.22% | 17.57% | 17.85% | 37.55% | 26.43% | 16.85% | 21.79% |
SCHD Schwab U.S. Dividend Equity ETF | 0.89% | 3.21% | 20.66% | 19.57% | 26.72% | 14.90% | 8.75% | 12.91% |
SOXX iShares Semiconductor ETF | 1.59% | 12.49% | 98.11% | 99.51% | 171.57% | 53.00% | 33.69% | 35.55% |
VOO Vanguard S&P 500 ETF | 0.55% | -0.84% | 9.08% | 9.44% | 25.76% | 20.95% | 13.43% | 15.50% |
Monthly Returns
Based on dividend-adjusted daily data since Aug 15, 2013, 2023Sept's average daily return is +0.07%, while the average monthly return is +1.38%. At this rate, an investment would double in approximately 4.2 years.
Historically, 67% of months were positive and 33% were negative. The best month was Nov 2020 with a return of +13.1%, while the worst month was Mar 2020 at -11.2%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 3 months.
On a daily basis, 2023Sept closed higher 56% of trading days. The best single day was Apr 9, 2025 with a return of +9.9%, while the worst single day was Mar 16, 2020 at -11.6%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 5.30% | 2.10% | -4.62% | 12.93% | 8.01% | -0.25% | 24.76% | ||||||
| 2025 | 2.30% | -0.47% | -4.48% | -1.88% | 6.16% | 5.79% | 1.30% | 2.96% | 3.28% | 2.91% | 0.30% | 0.51% | 19.75% |
| 2024 | 0.98% | 4.67% | 3.30% | -4.21% | 4.87% | 3.00% | 1.43% | 1.64% | 1.60% | -1.46% | 4.12% | -2.64% | 18.21% |
| 2023 | 7.53% | -1.70% | 4.39% | -0.09% | 2.14% | 6.06% | 3.96% | -2.03% | -4.65% | -3.13% | 9.35% | 6.12% | 30.38% |
| 2022 | -5.47% | -2.80% | 3.04% | -9.09% | 1.77% | -9.42% | 8.75% | -4.62% | -9.55% | 7.19% | 7.85% | -5.92% | -19.04% |
| 2021 | -0.09% | 3.54% | 4.71% | 3.71% | 1.40% | 2.29% | 1.55% | 2.77% | -4.31% | 6.02% | 0.39% | 4.22% | 29.09% |
Benchmark Metrics
2023Sept has an annualized alpha of 3.87%, beta of 1.02, and R2 of 0.97 versus S&P 500 Index. Calculated based on daily prices since August 15, 2013.
- This portfolio captured 113.22% of S&P 500 Index gains but only 93.79% of its losses - a favorable profile for investors.
- This portfolio generated an annualized alpha of 3.87% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- With beta of 1.02 and R2 of 0.97, 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
- 3.87%
- Beta
- 1.02
- R²
- 0.97
- Upside Capture
- 113.22%
- Downside Capture
- 93.79%
Expense Ratio
2023Sept has an expense ratio of 0.13%, 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
2023Sept ranks 93 for risk / return — in the top 93% 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 2023Sept 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 | 3.07 | 1.86 | +1.21 |
| Sortino ratioReturn per unit of downside risk | 3.98 | 2.53 | +1.45 |
| Omega ratioGain probability vs. loss probability | 1.57 | 1.34 | +0.23 |
| Calmar ratioReturn relative to maximum drawdown | 5.37 | 2.53 | +2.84 |
| Martin ratioReturn relative to average drawdown | 23.14 | 11.37 | +11.77 |
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 |
|---|---|---|---|---|---|---|
FNDF Schwab Fundamental International Equity ETF | 83 | 2.53 | 3.30 | 1.45 | 3.82 | 14.27 |
QQQ Invesco QQQ ETF | 69 | 2.09 | 2.73 | 1.37 | 3.01 | 11.22 |
SCHD Schwab U.S. Dividend Equity ETF | 86 | 2.41 | 3.72 | 1.43 | 5.70 | 13.97 |
SOXX iShares Semiconductor ETF | 96 | 4.43 | 4.37 | 1.62 | 10.50 | 38.20 |
VOO Vanguard S&P 500 ETF | 67 | 1.99 | 2.70 | 1.36 | 2.75 | 12.42 |
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Dividends
Dividend yield
2023Sept provided a 1.57% dividend yield over the last twelve months.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 1.57% | 1.85% | 1.93% | 1.92% | 2.02% | 1.62% | 1.71% | 1.95% | 2.10% | 1.73% | 1.95% | 1.96% |
| Portfolio components: | ||||||||||||
FNDF Schwab Fundamental International Equity ETF | 2.87% | 3.44% | 4.01% | 3.41% | 3.10% | 3.54% | 2.17% | 3.20% | 3.47% | 2.32% | 2.42% | 2.08% |
QQQ Invesco QQQ ETF | 0.39% | 0.45% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% |
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% |
SOXX iShares Semiconductor ETF | 0.28% | 0.57% | 0.67% | 0.78% | 1.26% | 0.64% | 0.81% | 1.23% | 1.37% | 0.90% | 1.08% | 1.29% |
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% |
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 2023Sept. 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 2023Sept was 31.95%, occurring on Mar 23, 2020. Recovery took 84 trading sessions.
The current 2023Sept drawdown is 1.59%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -31.95%Mar 2020 | 1mo 2d | 4mo 1d | 5mo 3dFeb 2020 - Jul 2020 |
Bear market2022 | -26.63%Oct 2022 | 9mo 10d | 1y 2mo | 1y 11moJan 2022 - Dec 2023 |
Rate-hike selloffLate 2018 | -19.45%Dec 2018 | 3mo 4d | 3mo 10d | 6mo 14dSep 2018 - Apr 2019 |
2025 selloff2025 | -18.73%Apr 2025 | 1mo 17d | 2mo 17d | 4mo 4dFeb 2025 - Jun 2025 |
2016 correction2016 | -13.42%Feb 2016 | 8mo 25d | 3mo 21d | 1y 11dMay 2015 - Jun 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 5 assets, with an effective number of assets of 4.28, 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 | 1.20 | 1.13 | 1.10 | 1.09 | 1.09 |
The portfolio has a diversification ratio of 1.09, placing it in the bottom quartile across portfolios — positions are highly correlated. Consider adding assets from different classes or sectors to reduce risk.
2023Sept 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 | 0.96 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.97 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.97 |
Correlation (All Time) Calculated using the full available price history since Aug 15, 2013 | 0.97 |
Benchmark Correlations
Correlation vs. S&P 500 Index. VOO has the highest benchmark correlation at 1.00, while FNDF has the lowest at 0.76.
Asset Correlations Table
Find what 2023Sept is missing
See which holdings overlap, where 2023Sept is concentrated, and which low-correlation assets could fill the gaps.
Analyze Diversification