Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
O Realty Income Corporation | Real Estate | 16.67% |
MAA Mid-America Apartment Communities, Inc. | Real Estate | 16.67% |
CPT Camden Property Trust | Real Estate | 16.67% |
SCHD Schwab U.S. Dividend Equity ETF | Dividend | 16.67% |
SCHY Schwab International Dividend Equity ETF | Dividend, Foreign Large Cap Equities | 16.67% |
FNDE Schwab Fundamental Emerging Markets Equity ETF | Emerging Markets Equities | 16.67% |
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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 2 , 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 year.
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Returns By Period
| 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 2 | 0.70% | 3.96% | 11.08% | 13.04% | 16.27% | 10.80% | 5.72% | — |
| Portfolio components: | ||||||||
CPT Camden Property Trust | 0.47% | 10.57% | 5.60% | 12.64% | 3.07% | 4.70% | 0.17% | 7.60% |
FNDE Schwab Fundamental Emerging Markets Equity ETF | 0.66% | -0.36% | 13.70% | 15.79% | 31.37% | 19.78% | 9.29% | 11.35% |
MAA Mid-America Apartment Communities, Inc. | 0.60% | 9.20% | 2.39% | 7.66% | -3.03% | 0.86% | -0.44% | 7.14% |
O Realty Income Corporation | 1.31% | 1.67% | 13.70% | 11.57% | 14.88% | 6.59% | 3.49% | 4.89% |
SCHD Schwab U.S. Dividend Equity ETF | 0.89% | 3.21% | 20.66% | 19.57% | 26.72% | 14.90% | 8.75% | 12.91% |
SCHY Schwab International Dividend Equity ETF | 0.24% | 1.36% | 10.44% | 11.90% | 23.76% | 15.61% | 8.28% | — |
Monthly Returns
Based on dividend-adjusted daily data since Apr 29, 2021, 2 's average daily return is +0.03%, while the average monthly return is +0.63%. At this rate, an investment would double in approximately 9.2 years.
Historically, 60% of months were positive and 40% were negative. The best month was Aug 2024 with a return of +7.6%, while the worst month was Sep 2022 at -8.8%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 3 months.
On a daily basis, 2 closed higher 53% of trading days. The best single day was Apr 9, 2025 with a return of +5.1%, while the worst single day was Apr 4, 2025 at -5.5%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 4.62% | 4.69% | -6.52% | 5.44% | -0.16% | 3.07% | 11.08% | ||||||
| 2025 | 1.20% | 5.20% | 1.09% | -2.69% | 1.31% | 0.70% | -1.37% | 3.83% | 0.31% | -2.38% | 3.11% | 1.33% | 11.94% |
| 2024 | -3.12% | 0.07% | 3.68% | -0.82% | 2.45% | 2.23% | 3.52% | 7.63% | 1.49% | -4.11% | 2.80% | -5.36% | 10.16% |
| 2023 | 6.90% | -4.91% | -1.37% | 1.84% | -4.23% | 3.96% | 2.60% | -4.02% | -6.67% | -5.12% | 7.59% | 6.73% | 1.79% |
| 2022 | -3.48% | -2.17% | 1.47% | -4.08% | -1.85% | -5.09% | 4.27% | -5.76% | -8.76% | 3.91% | 6.92% | -2.48% | -16.85% |
| 2021 | 0.29% | 2.79% | 1.30% | 5.68% | 1.38% | -3.73% | 6.50% | -1.26% | 7.54% | 21.80% |
Benchmark Metrics
2 has an annualized alpha of 0.35%, beta of 0.58, and R2 of 0.49 versus S&P 500 Index. Calculated based on daily prices since April 29, 2021.
- This portfolio participated in 76.53% of S&P 500 Index downside but only 62.42% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.58 may look defensive, but with R2 of 0.49 this portfolio is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this portfolio's risk.
- R2 of 0.49 means the benchmark explains less than half of this portfolio's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- 0.35%
- Beta
- 0.58
- R²
- 0.49
- Upside Capture
- 62.42%
- Downside Capture
- 76.53%
Expense Ratio
2 has an expense ratio of 0.09%, 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
2 ranks 22 for risk / return — below 22% 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.
Return / Risk — by metrics
The table below presents risk-adjusted performance metrics for 2 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 | 1.41 | 1.86 | -0.45 |
| Sortino ratioReturn per unit of downside risk | 2.00 | 2.53 | -0.53 |
| Omega ratioGain probability vs. loss probability | 1.24 | 1.34 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 1.78 | 2.53 | -0.75 |
| Martin ratioReturn relative to average drawdown | 5.99 | 11.37 | -5.38 |
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 |
|---|---|---|---|---|---|---|
CPT Camden Property Trust | 41 | 0.05 | 0.21 | 1.02 | 0.07 | 0.14 |
FNDE Schwab Fundamental Emerging Markets Equity ETF | 65 | 1.92 | 2.58 | 1.35 | 2.93 | 10.67 |
MAA Mid-America Apartment Communities, Inc. | 32 | -0.22 | -0.18 | 0.98 | -0.21 | -0.37 |
O Realty Income Corporation | 66 | 0.88 | 1.26 | 1.15 | 1.29 | 3.12 |
SCHD Schwab U.S. Dividend Equity ETF | 86 | 2.41 | 3.72 | 1.43 | 5.70 | 13.97 |
SCHY Schwab International Dividend Equity ETF | 58 | 1.86 | 2.56 | 1.33 | 2.46 | 7.63 |
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Dividends
Dividend yield
2 provided a 3.91% dividend yield over the last twelve months.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 3.91% | 4.32% | 4.30% | 4.42% | 3.95% | 2.74% | 2.77% | 2.68% | 2.93% | 2.64% | 3.45% | 2.74% |
| Portfolio components: | ||||||||||||
CPT Camden Property Trust | 3.66% | 3.82% | 3.55% | 4.03% | 3.36% | 1.93% | 3.32% | 3.02% | 3.50% | 3.26% | 8.62% | 3.65% |
FNDE Schwab Fundamental Emerging Markets Equity ETF | 3.68% | 4.19% | 4.82% | 4.74% | 5.59% | 4.32% | 2.50% | 3.47% | 2.98% | 2.05% | 1.65% | 2.02% |
MAA Mid-America Apartment Communities, Inc. | 4.38% | 4.36% | 3.80% | 4.96% | 2.98% | 1.79% | 3.16% | 2.91% | 3.86% | 3.46% | 3.35% | 3.39% |
O Realty Income Corporation | 5.16% | 6.19% | 5.37% | 5.33% | 4.68% | 3.87% | 4.51% | 3.69% | 4.19% | 4.45% | 4.18% | 4.41% |
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% |
SCHY Schwab International Dividend Equity ETF | 3.36% | 3.55% | 4.64% | 3.97% | 3.67% | 1.73% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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 2 . 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 2 was 27.03%, occurring on Oct 30, 2023. Recovery took 336 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2023 bear market2023 | -27.03%Oct 2023 | 1y 9mo | 1y 4mo | 3y 2moJan 2022 - Mar 2025 |
2025 selloff2025 | -11.49%Apr 2025 | 1mo 3d | 2mo 5d | 3mo 8dMar 2025 - Jun 2025 |
2026 pullback2026 | -8.46%Mar 2026 | 21d | 2mo 21d | 3mo 12dFeb 2026 - Jun 2026 |
2021 pullback2021 | -4.80%Sep 2021 | 23d | 18d | 1mo 11dSep 2021 - Oct 2021 |
2025 pullback2025 | -4.51%Aug 2025 | 8d | 1mo 9d | 1mo 17dJul 2025 - Sep 2025 |
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 6 assets, with an effective number of assets of 6.00, 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 | All Time | |
|---|---|---|---|---|
Diversification Ratio | 1.41 | 1.30 | 1.27 | 1.27 |
The portfolio has a diversification ratio of 1.27, in line with the typical range across portfolios. There's room to improve by adding less correlated assets.
2 correlation to the S&P 500 Index
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.41 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.50 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.62 |
Correlation (All Time) Calculated using the full available price history since Apr 29, 2021 | 0.62 |
Benchmark Correlations
Correlation vs. S&P 500 Index. SCHD has the highest benchmark correlation at 0.70, while O has the lowest at 0.32.
Asset Correlations Table
Find what 2 is missing
See which holdings overlap, where 2 is concentrated, and which low-correlation assets could fill the gaps.
Analyze Diversification