PortfoliosLab logoPortfoliosLab logo
JAS -2b optimized
Performance
Return for Risk
Dividends
Drawdowns
Volatility
Diversification

Asset Allocation


S&P 500 Index

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in JAS -2b optimized, 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 graphics...

The earliest data available for this chart is Sep 26, 2019, corresponding to the inception date of AVDV

Returns By Period


1D1MYTD6M1Y3Y*5Y*10Y*
Benchmark
S&P 500 Index
0.11%-2.33%-3.84%-1.98%29.73%16.86%10.37%12.29%
Portfolio
JAS -2b optimized
-0.26%-0.96%6.26%9.06%35.62%15.42%9.53%
VXUS
Vanguard Total International Stock ETF
-0.68%-0.54%2.81%5.79%39.16%15.41%7.43%9.01%
AVDV
Avantis International Small Cap Value ETF
-0.97%-2.29%7.34%13.75%65.77%23.93%13.58%
SCHD
Schwab U.S. Dividend Equity ETF
0.16%-1.00%12.35%13.59%25.56%11.70%8.35%12.30%
VTV
Vanguard Value ETF
0.16%-0.98%3.71%6.17%28.21%14.94%10.95%11.89%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Sep 27, 2019, JAS -2b optimized's average daily return is +0.05%, while the average monthly return is +1.02%. At this rate, your investment would double in approximately 5.7 years.

Historically, 61% of months were positive and 39% were negative. The best month was Nov 2020 with a return of +13.2%, while the worst month was Mar 2020 at -15.4%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 3 months.

On a daily basis, JAS -2b optimized closed higher 54% of trading days. The best single day was Mar 24, 2020 with a return of +8.7%, while the worst single day was Mar 12, 2020 at -10.4%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20266.40%5.64%-5.73%0.28%6.26%
20253.11%1.68%-0.45%-1.71%3.66%3.51%-0.13%4.70%1.88%-0.11%2.17%1.52%21.48%
2024-0.50%2.58%4.46%-3.33%3.44%-0.62%4.44%2.44%1.77%-2.42%2.91%-4.78%10.29%
20235.19%-3.48%0.53%1.15%-4.16%5.18%4.09%-2.85%-3.45%-3.28%7.08%5.56%11.06%
2022-2.36%-1.80%1.70%-5.22%2.42%-8.28%4.42%-3.57%-8.73%8.11%9.26%-2.66%-8.25%
2021-0.47%4.49%5.41%2.96%3.10%-1.01%0.21%1.81%-3.54%3.97%-3.59%5.79%20.21%

Benchmark Metrics

JAS -2b optimized has an annualized alpha of 1.30%, beta of 0.80, and R² of 0.84 versus S&P 500 Index. Calculated based on daily prices since September 27, 2019.

  • This portfolio participated in 86.63% of S&P 500 Index downside but only 83.87% of its upside — more exposed to losses than it benefited from rallies.

Alpha
1.30%
Beta
0.80
0.84
Upside Capture
83.87%
Downside Capture
86.63%

Expense Ratio

JAS -2b optimized 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

JAS -2b optimized ranks 69 for risk / return — better than 69% 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.


JAS -2b optimized Risk / Return Rank: 6969
Overall Rank
JAS -2b optimized Sharpe Ratio Rank: 7373
Sharpe Ratio Rank
JAS -2b optimized Sortino Ratio Rank: 7272
Sortino Ratio Rank
JAS -2b optimized Omega Ratio Rank: 7777
Omega Ratio Rank
JAS -2b optimized Calmar Ratio Rank: 5858
Calmar Ratio Rank
JAS -2b optimized Martin Ratio Rank: 6666
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


PortfolioBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.58

0.88

+0.70

Sortino ratio

Return per unit of downside risk

2.20

1.37

+0.83

Omega ratio

Gain probability vs. loss probability

1.34

1.21

+0.13

Calmar ratio

Return relative to maximum drawdown

2.04

1.39

+0.66

Martin ratio

Return relative to average drawdown

9.41

6.43

+2.97


How much return does each position deliver for the risk it carries? Higher values mean better reward for the risk taken.

Risk / Return RankSharpe ratioSortino ratioOmega ratioCalmar ratioMartin ratio
VXUS
Vanguard Total International Stock ETF
781.632.251.332.529.49
AVDV
Avantis International Small Cap Value ETF
942.693.381.553.7615.42
SCHD
Schwab U.S. Dividend Equity ETF
400.891.341.191.093.69
VTV
Vanguard Value ETF
551.091.571.231.486.62

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.

JAS -2b optimized Sharpe ratios as of Apr 4, 2026 (values are recalculated daily):

  • 1-Year: 1.58
  • 5-Year: 0.69
  • All Time: 0.66

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

Compared to the broad market, where average Sharpe ratios range from 0.99 to 1.69, 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 JAS -2b optimized compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.


Loading graphics...

Dividends

Dividend yield

JAS -2b optimized provided a 2.83% dividend yield over the last twelve months.


TTM20252024202320222021202020192018201720162015
Portfolio2.83%3.02%3.26%3.09%3.02%2.66%2.47%2.54%2.62%2.24%2.42%2.45%
VXUS
Vanguard Total International Stock ETF
2.95%3.18%3.37%3.24%3.09%3.10%2.14%3.06%3.18%2.73%2.93%2.83%
AVDV
Avantis International Small Cap Value ETF
2.97%3.05%4.31%3.29%3.17%2.39%1.67%0.36%0.00%0.00%0.00%0.00%
SCHD
Schwab U.S. Dividend Equity ETF
3.45%3.82%3.64%3.49%3.39%2.78%3.16%2.98%3.06%2.63%2.89%2.97%
VTV
Vanguard Value ETF
2.02%2.05%2.31%2.46%2.52%2.15%2.56%2.50%2.73%2.29%2.44%2.60%

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 graphics...

Worst Drawdowns

The table below displays the maximum drawdowns of the JAS -2b optimized. 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 JAS -2b optimized was 35.85%, occurring on Mar 23, 2020. Recovery took 162 trading sessions.

The current JAS -2b optimized drawdown is 5.47%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-35.85%Jan 21, 202044Mar 23, 2020162Nov 10, 2020206
-21.67%Jan 13, 2022180Sep 30, 2022311Dec 27, 2023491
-12.64%Mar 20, 202514Apr 8, 202527May 16, 202541
-8.05%Mar 2, 202615Mar 20, 2026
-5.95%Oct 21, 202456Jan 10, 202525Feb 18, 202581

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


Loading graphics...

Diversification

Diversification Metrics


Number of Effective Assets

The portfolio contains 4 assets, with an effective number of assets of 3.67, reflecting the diversification based on asset allocation. This number of effective assets suggests a highly concentrated portfolio, where a few assets dominate the allocation, potentially increasing the portfolio's risk due to lack of diversification.

Asset Correlations Table

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

BenchmarkAVDVSCHDVXUSVTVPortfolio
Benchmark1.000.710.740.790.820.85
AVDV0.711.000.670.910.710.88
SCHD0.740.671.000.670.940.90
VXUS0.790.910.671.000.730.90
VTV0.820.710.940.731.000.93
Portfolio0.850.880.900.900.931.00
The correlation results are calculated based on daily price changes starting from Sep 27, 2019