2026 Watch List

Asset Allocation

Position	Category/Sector	Target Weight
VTWO Vanguard Russell 2000 ETF	Small Cap Blend Equities	11.11%
VOO Vanguard S&P 500 ETF	S&P 500	11.11%
XLY Consumer Discretionary Select Sector SPDR Fund	Consumer Discretionary Equities	11.11%
XLF State Street Financial Select Sector SPDR ETF	Financials Equities	11.11%
IXG iShares Global Financials ETF	Financials Equities	11.11%
VWO Vanguard FTSE Emerging Markets ETF	Emerging Markets Equities	11.11%
EFA iShares MSCI EAFE ETF	Foreign Large Cap Equities	11.11%
SCHB Schwab U.S. Broad Market ETF	Large Cap Blend Equities	11.11%
QQQ Invesco QQQ ETF	Nasdaq-100	11.11%

Benchmark Against

Benchmark

S&P 500 Index

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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in 2026 Watch List, 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 2026 Watch List returned 8.34% Year-To-Date and 13.87% 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 2026 Watch List	0.71%	2.49%	8.34%	8.48%	24.13%	19.62%	10.46%	13.87%
Portfolio components:
EFA iShares MSCI EAFE ETF	0.28%	3.24%	9.36%	10.80%	21.90%	16.14%	8.36%	9.84%
IXG iShares Global Financials ETF	1.28%	4.62%	3.78%	4.96%	19.03%	23.67%	12.27%	12.87%
QQQ Invesco QQQ ETF	0.59%	1.75%	17.57%	17.85%	37.55%	26.43%	16.85%	21.79%
SCHB Schwab U.S. Broad Market ETF	0.49%	0.95%	9.68%	9.76%	26.16%	20.63%	12.26%	15.01%
VOO Vanguard S&P 500 ETF	0.55%	0.37%	9.08%	9.44%	25.76%	20.95%	13.43%	15.50%
VTWO Vanguard Russell 2000 ETF	0.86%	5.50%	19.26%	16.09%	42.05%	17.46%	6.23%	11.41%
VWO Vanguard FTSE Emerging Markets ETF	0.76%	1.90%	10.77%	12.57%	26.52%	16.61%	5.03%	9.00%
XLF State Street Financial Select Sector SPDR ETF	1.37%	4.38%	-2.11%	-2.09%	8.41%	18.86%	9.15%	13.33%
XLY Consumer Discretionary Select Sector SPDR Fund	0.26%	0.06%	-2.16%	-3.01%	11.01%	12.99%	7.00%	12.78%

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

Monthly Returns

Based on dividend-adjusted daily data since Sep 22, 2010, 2026 Watch List's average daily return is +0.05%, while the average monthly return is +1.06%. At this rate, an investment would double in approximately 5.5 years.

Historically, 64% of months were positive and 36% were negative. The best month was Nov 2020 with a return of +13.5%, while the worst month was Mar 2020 at -15.9%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 5 months.

On a daily basis, 2026 Watch List closed higher 55% of trading days. The best single day was Mar 24, 2020 with a return of +9.3%, while the worst single day was Mar 16, 2020 at -12.3%.

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Total
2026	2.17%	-0.43%	-5.56%	9.37%	3.51%	-0.38%							8.34%
2025	3.58%	-1.13%	-4.17%	-0.13%	6.05%	4.24%	1.05%	3.58%	3.11%	1.02%	0.20%	1.19%	19.79%
2024	-0.39%	4.83%	2.95%	-3.79%	4.06%	1.53%	3.42%	1.80%	2.55%	-1.20%	6.43%	-2.95%	20.41%
2023	9.06%	-2.58%	0.33%	1.06%	-0.57%	6.89%	4.16%	-3.15%	-4.17%	-3.42%	9.52%	5.93%	24.05%
2022	-4.55%	-2.73%	1.65%	-9.43%	0.25%	-8.66%	8.44%	-3.49%	-9.07%	6.30%	7.08%	-5.49%	-19.87%
2021	0.34%	4.06%	3.17%	4.51%	1.33%	1.01%	-0.22%	2.95%	-3.31%	6.18%	-2.45%	2.81%	21.87%

Benchmark Metrics

2026 Watch List has an annualized alpha of -0.46%, beta of 1.02, and R2 of 0.95 versus S&P 500 Index. Calculated based on daily prices since September 22, 2010.

With beta of 1.02 and R2 of 0.95, 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: -0.46%

Beta: 1.02

R²: 0.95

Upside Capture: 101.30%

Downside Capture: 103.31%

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

Expense Ratio

2026 Watch List has an expense ratio of 0.15%, 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.

IXG

iShares Global Financials ETF

EFA

iShares MSCI EAFE ETF

QQQ

Invesco QQQ ETF

XLY

Consumer Discretionary Select Sector SPDR Fund

XLF

State Street Financial Select Sector SPDR ETF

VWO

Vanguard FTSE Emerging Markets ETF

VTWO

Vanguard Russell 2000 ETF

VOO

Vanguard S&P 500 ETF

SCHB

Schwab U.S. Broad Market ETF

Return for Risk

Risk / Return Rank

2026 Watch List ranks 32 for risk / return — below 32% of Portfolios on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

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 2026 Watch List 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	1.65	1.86	-0.21
Sortino ratioReturn per unit of downside risk	2.32	2.53	-0.21
Omega ratioGain probability vs. loss probability	1.29	1.34	-0.04
Calmar ratioReturn relative to maximum drawdown	2.34	2.53	-0.19
Martin ratioReturn relative to average drawdown	9.79	11.37	-1.58

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
EFA iShares MSCI EAFE ETF	41	1.31	1.91	1.24	1.79	6.67
IXG iShares Global Financials ETF	36	1.20	1.78	1.21	1.49	5.26
QQQ Invesco QQQ ETF	69	2.09	2.73	1.37	3.01	11.22
SCHB Schwab U.S. Broad Market ETF	67	1.96	2.66	1.35	2.78	12.44
VOO Vanguard S&P 500 ETF	67	1.99	2.70	1.36	2.75	12.42
VTWO Vanguard Russell 2000 ETF	70	2.02	2.77	1.33	3.61	12.79
VWO Vanguard FTSE Emerging Markets ETF	48	1.49	2.10	1.28	2.21	7.80
XLF State Street Financial Select Sector SPDR ETF	15	0.42	0.67	1.08	0.42	1.08
XLY Consumer Discretionary Select Sector SPDR Fund	18	0.55	0.89	1.10	0.67	2.05

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 2026 Watch List Sharpe ratio is 1.65 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 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 2026 Watch List 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

2026 Watch List provided a 1.48% dividend yield over the last twelve months.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Portfolio	1.48%	1.58%	1.72%	1.84%	2.13%	1.54%	1.52%	2.01%	2.13%	1.68%	4.09%	2.06%
Portfolio components:
EFA iShares MSCI EAFE ETF	3.09%	3.38%	3.24%	2.98%	2.69%	3.33%	2.13%	3.10%	3.39%	2.57%	3.07%	2.76%
IXG iShares Global Financials ETF	1.97%	2.04%	2.64%	2.62%	3.71%	1.69%	2.13%	2.87%	3.14%	2.12%	2.21%	2.79%
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%
SCHB Schwab U.S. Broad Market ETF	1.03%	1.11%	1.24%	1.40%	1.61%	1.21%	1.63%	1.80%	2.00%	1.65%	1.86%	2.00%
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%
VTWO Vanguard Russell 2000 ETF	1.06%	1.25%	1.21%	1.45%	1.48%	1.13%	0.92%	1.36%	1.41%	1.18%	1.27%	1.23%
VWO Vanguard FTSE Emerging Markets ETF	2.44%	2.79%	3.20%	3.52%	4.11%	2.63%	1.91%	3.23%	2.88%	2.30%	2.52%	3.26%
XLF State Street Financial Select Sector SPDR ETF	1.49%	1.31%	1.42%	1.71%	2.04%	1.63%	2.03%	1.87%	2.08%	1.48%	21.10%	1.95%
XLY Consumer Discretionary Select Sector SPDR Fund	0.77%	0.79%	0.72%	0.78%	1.00%	0.53%	0.82%	1.28%	1.34%	1.20%	1.71%	1.43%

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 2026 Watch List. 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 2026 Watch List was 35.34%, occurring on Mar 23, 2020. Recovery took 111 trading sessions.

The current 2026 Watch List drawdown is 0.60%.

Related event	Drawdown	Fall	Recovery	Underwater
COVID crash2020	-35.34%Mar 2020	1mo 9d	5mo 8d	6mo 17dFeb 2020 - Aug 2020
Bear market2022	-27.45%Oct 2022	11mo 7d	1y 4mo	2y 3moNov 2021 - Feb 2024
2011 bear market2011	-24.04%Oct 2011	5mo 4d	5mo 18d	10mo 22dMay 2011 - Mar 2012
Rate-hike selloffLate 2018	-20.02%Dec 2018	10mo 29d	4mo 10d	1y 3moJan 2018 - May 2019
2016 correction2016	-19.76%Feb 2016	7mo 22d	6mo 28d	1y 2moJun 2015 - Sep 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 9 assets, with an effective number of assets of 9.00, 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	1.15	1.13	1.12	1.10	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.

2026 Watch List correlation to the S&P 500 Index

2026 Watch List has a 0.95 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	0.95
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 Sep 22, 2010	0.96

Benchmark Correlations

Correlation vs. S&P 500 Index. VOO has the highest benchmark correlation at 1.00, while VWO has the lowest at 0.71.

0.71

0.79

0.81

0.81

0.83

0.86

0.90

0.99

1.00

Portfolio Correlations

Correlation vs. 2026 Watch List. SCHB has the highest portfolio correlation at 0.97, while VWO has the lowest at 0.79.

0.79

0.84

0.86

0.87

0.88

0.89

0.90

0.96

0.97

Asset Correlations Table

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

	VWO	XLF	QQQ	XLY	EFA	VTWO	IXG	VOO	SCHB
VWO	1.00	0.57	0.66	0.62	0.79	0.64	0.71	0.71	0.71
XLF	0.57	1.00	0.59	0.67	0.69	0.75	0.92	0.79	0.79
QQQ	0.66	0.59	1.00	0.83	0.70	0.73	0.64	0.90	0.90
XLY	0.62	0.67	0.83	1.00	0.70	0.77	0.69	0.86	0.87
EFA	0.79	0.69	0.70	0.70	1.00	0.73	0.85	0.81	0.81
VTWO	0.64	0.75	0.73	0.77	0.73	1.00	0.77	0.83	0.88
IXG	0.71	0.92	0.64	0.69	0.85	0.77	1.00	0.81	0.82
VOO	0.71	0.79	0.90	0.86	0.81	0.83	0.81	1.00	0.99
SCHB	0.71	0.79	0.90	0.87	0.81	0.88	0.82	0.99	1.00

The correlation results are calculated based on daily price changes starting from Sep 22, 2010

Diversification Analysis

Find what 2026 Watch List is missing

See which holdings overlap, where 2026 Watch List is concentrated, and which low-correlation assets could fill the gaps.

Analyze Diversification