Singapore 2502 SGOV

Asset Allocation

Position	Category/Sector	Target Weight
FXI iShares China Large-Cap ETF	China Equities	3.43%
INDY iShares India 50 ETF	Asia Pacific Equities	4.31%
ITA iShares U.S. Aerospace & Defense ETF	Industrials Equities, Aerospace & Defense	6.91%
ITB iShares U.S. Home Construction ETF	Building & Construction	8.07%
QUAL iShares MSCI USA Quality Factor ETF	Large Cap Blend Equities	18.52%
SGOV iShares 0-3 Month Treasury Bond ETF	Ultrashort Bond	43.82%
VCR Vanguard Consumer Discretionary ETF	Consumer Discretionary Equities	2.64%
VHT Vanguard Health Care ETF	Health & Biotech Equities	2.07%
VUG Vanguard Growth ETF	Large Cap Growth Equities	10.23%

Benchmark Against

Benchmark

S&P 500 Index

Rebalance

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Singapore 2502 SGOV, 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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The earliest data available for this chart is May 28, 2020, corresponding to the inception date of SGOV

Returns By Period

	1D	1M	YTD	6M	1Y	3Y*	5Y*	10Y*
Benchmark S&P 500 Index	0.11%	-3.43%	-3.84%	-1.98%	16.08%	16.86%	10.37%	12.29%
Portfolio Singapore 2502 SGOV	-0.11%	-3.31%	-2.39%	-2.19%	8.73%	11.49%	7.34%	—
Portfolio components:
FXI iShares China Large-Cap ETF	0.00%	-1.39%	-7.13%	-13.90%	2.57%	9.20%	-3.44%	3.15%
INDY iShares India 50 ETF	-0.18%	-7.30%	-14.56%	-10.85%	-10.17%	3.74%	2.39%	6.84%
ITA iShares U.S. Aerospace & Defense ETF	-0.77%	-9.36%	3.43%	6.05%	44.14%	24.79%	17.23%	15.50%
ITB iShares U.S. Home Construction ETF	-0.85%	-12.80%	-6.10%	-16.34%	-5.45%	9.57%	6.28%	13.73%
QUAL iShares MSCI USA Quality Factor ETF	0.20%	-4.31%	-2.54%	-1.12%	13.24%	17.00%	10.75%	13.06%
VCR Vanguard Consumer Discretionary ETF	-1.30%	-5.03%	-9.14%	-9.50%	7.19%	13.43%	4.60%	12.51%
VHT Vanguard Health Care ETF	-0.52%	-5.31%	-4.78%	3.43%	6.11%	5.91%	5.14%	9.64%
VUG Vanguard Growth ETF	0.11%	-3.66%	-9.29%	-8.34%	17.67%	21.67%	11.69%	16.20%
SGOV iShares 0-3 Month Treasury Bond ETF	0.04%	0.32%	0.92%	1.92%	4.10%	4.81%	3.42%	—

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

Monthly Returns

Based on dividend-adjusted daily data since May 29, 2020, Singapore 2502 SGOV's average daily return is +0.04%, while the average monthly return is +0.79%. At this rate, your investment would double in approximately 7.3 years.

Historically, 65% of months were positive and 35% were negative. The best month was Nov 2020 with a return of +6.5%, while the worst month was Sep 2022 at -5.1%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 3 months.

On a daily basis, Singapore 2502 SGOV closed higher 54% of trading days. The best single day was Apr 9, 2025 with a return of +4.5%, while the worst single day was Jun 11, 2020 at -3.8%.

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Total
2026	1.35%	0.49%	-4.45%	0.31%									-2.39%
2025	2.08%	-1.12%	-1.98%	0.03%	2.94%	2.73%	1.19%	2.24%	1.67%	0.59%	0.25%	-0.15%	10.84%
2024	0.11%	3.64%	1.89%	-2.05%	2.64%	1.19%	2.48%	1.53%	2.11%	-1.42%	2.96%	-2.39%	13.22%
2023	4.69%	-1.48%	2.58%	1.23%	-0.06%	4.84%	2.23%	-0.86%	-2.99%	-0.97%	5.59%	3.97%	19.94%
2022	-3.81%	-1.45%	0.11%	-4.18%	-0.11%	-3.86%	5.22%	-2.56%	-5.07%	3.64%	4.47%	-2.28%	-10.08%
2021	-0.32%	1.47%	2.93%	2.49%	0.39%	1.10%	0.80%	1.51%	-2.99%	3.44%	-0.44%	2.14%	13.07%

Benchmark Metrics

Singapore 2502 SGOV has an annualized alpha of 1.66%, beta of 0.55, and R² of 0.92 versus S&P 500 Index. Calculated based on daily prices since May 29, 2020.

This portfolio participated in 58.89% of S&P 500 Index downside but only 55.63% of its upside — more exposed to losses than it benefited from rallies.
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: 1.66%

Beta: 0.55

R²: 0.92

Upside Capture: 55.63%

Downside Capture: 58.89%

Expense Ratio

Singapore 2502 SGOV has an expense ratio of 0.20%, 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.

INDY

iShares India 50 ETF

FXI

iShares China Large-Cap ETF

ITA

iShares U.S. Aerospace & Defense ETF

ITB

iShares U.S. Home Construction ETF

QUAL

iShares MSCI USA Quality Factor ETF

VCR

Vanguard Consumer Discretionary ETF

VHT

Vanguard Health Care ETF

SGOV

iShares 0-3 Month Treasury Bond ETF

VUG

Vanguard Growth ETF

Return for Risk

Risk / Return Rank

Singapore 2502 SGOV ranks 25 for risk / return — below 25% 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

	Portfolio	Benchmark	Difference
Sharpe ratio Return per unit of total volatility	0.91	0.88	+0.03
Sortino ratio Return per unit of downside risk	1.41	1.37	+0.04
Omega ratio Gain probability vs. loss probability	1.19	1.21	-0.02
Calmar ratio Return relative to maximum drawdown	1.34	1.39	-0.05
Martin ratio Return relative to average drawdown	5.30	6.43	-1.13
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

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

	Risk / Return Rank	Sharpe ratio	Sortino ratio	Omega ratio	Calmar ratio	Martin ratio
FXI iShares China Large-Cap ETF	14	0.11	0.32	1.04	0.12	0.33
INDY iShares India 50 ETF	2	-0.69	-0.93	0.89	-0.50	-1.63
ITA iShares U.S. Aerospace & Defense ETF	85	1.90	2.53	1.35	2.82	10.63
ITB iShares U.S. Home Construction ETF	9	-0.18	-0.05	0.99	-0.17	-0.38
QUAL iShares MSCI USA Quality Factor ETF	40	0.76	1.21	1.17	1.21	5.43
VCR Vanguard Consumer Discretionary ETF	21	0.30	0.62	1.08	0.60	1.93
VHT Vanguard Health Care ETF	21	0.35	0.60	1.08	0.67	1.55
VUG Vanguard Growth ETF	38	0.78	1.27	1.18	1.13	3.90
SGOV iShares 0-3 Month Treasury Bond ETF	100	20.63	286.00	202.83	412.76	4,634.41

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.

Singapore 2502 SGOV Sharpe ratios as of Apr 2, 2026 (values are recalculated daily):

1-Year: 0.91
5-Year: 0.76
All Time: 0.99

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 1.00 to 1.70, this portfolio's current Sharpe ratio places it in the bottom 25%. This suggests weaker risk-adjusted returns than most portfolios, possibly due to lower returns, higher volatility, or both. It may be worth reviewing the allocation. You can use the Portfolio Optimization tool to explore options for improving the Sharpe ratio.

The chart below shows the rolling Sharpe ratio of Singapore 2502 SGOV 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

Singapore 2502 SGOV provided a 2.65% dividend yield over the last twelve months.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Portfolio	2.65%	2.67%	2.69%	2.70%	1.44%	0.78%	0.61%	0.73%	0.81%	0.68%	0.80%	0.72%
Portfolio components:
FXI iShares China Large-Cap ETF	2.60%	2.42%	1.76%	3.17%	2.61%	1.60%	2.19%	2.74%	2.69%	2.31%	2.69%	2.90%
INDY iShares India 50 ETF	9.49%	8.11%	0.24%	0.38%	3.75%	7.12%	0.08%	0.58%	0.55%	0.27%	0.48%	0.57%
ITA iShares U.S. Aerospace & Defense ETF	0.48%	0.55%	0.85%	0.93%	0.95%	0.82%	1.07%	1.54%	1.13%	0.91%	1.07%	1.04%
ITB iShares U.S. Home Construction ETF	1.26%	1.67%	0.46%	0.48%	0.86%	0.37%	0.46%	0.50%	0.63%	0.28%	0.43%	0.34%
QUAL iShares MSCI USA Quality Factor ETF	0.98%	0.94%	1.02%	1.23%	1.59%	1.20%	1.39%	1.60%	2.00%	1.76%	1.96%	1.63%
VCR Vanguard Consumer Discretionary ETF	0.80%	0.74%	0.74%	0.84%	0.98%	0.79%	1.71%	1.17%	1.37%	1.21%	1.60%	1.32%
VHT Vanguard Health Care ETF	1.72%	1.61%	1.53%	1.36%	1.33%	1.14%	1.21%	1.89%	1.38%	1.31%	1.45%	1.22%
VUG Vanguard Growth ETF	0.45%	0.41%	0.47%	0.58%	0.70%	0.48%	0.66%	0.95%	1.32%	1.14%	1.39%	1.30%
SGOV iShares 0-3 Month Treasury Bond ETF	3.95%	4.10%	5.10%	4.87%	1.45%	0.03%	0.05%	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 Singapore 2502 SGOV. 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 Singapore 2502 SGOV was 15.57%, occurring on Oct 14, 2022. Recovery took 176 trading sessions.

The current Singapore 2502 SGOV drawdown is 4.80%.

Depth	Start	To Bottom	Bottom	To Recover	End	Total
-15.57%	Nov 17, 2021	229	Oct 14, 2022	176	Jun 29, 2023	405
-9.43%	Dec 5, 2024	84	Apr 8, 2025	39	Jun 4, 2025	123
-6.85%	Jan 13, 2026	53	Mar 30, 2026	—	—	—
-5.67%	Aug 1, 2023	63	Oct 27, 2023	16	Nov 20, 2023	79
-4.8%	Sep 3, 2020	15	Sep 24, 2020	12	Oct 12, 2020	27

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 3.96, 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.

	Benchmark	SGOV	FXI	INDY	ITA	VHT	ITB	VUG	VCR	QUAL	Portfolio
Benchmark	1.00	-0.02	0.42	0.52	0.63	0.67	0.62	0.93	0.86	0.97	0.95
SGOV	-0.02	1.00	0.04	-0.03	-0.01	-0.02	0.01	-0.01	-0.02	-0.01	0.00
FXI	0.42	0.04	1.00	0.37	0.25	0.30	0.28	0.41	0.41	0.41	0.50
INDY	0.52	-0.03	0.37	1.00	0.37	0.41	0.35	0.48	0.47	0.51	0.57
ITA	0.63	-0.01	0.25	0.37	1.00	0.45	0.45	0.49	0.55	0.60	0.68
VHT	0.67	-0.02	0.30	0.41	0.45	1.00	0.51	0.56	0.53	0.69	0.68
ITB	0.62	0.01	0.28	0.35	0.45	0.51	1.00	0.53	0.67	0.65	0.78
VUG	0.93	-0.01	0.41	0.48	0.49	0.56	0.53	1.00	0.84	0.91	0.87
VCR	0.86	-0.02	0.41	0.47	0.55	0.53	0.67	0.84	1.00	0.82	0.88
QUAL	0.97	-0.01	0.41	0.51	0.60	0.69	0.65	0.91	0.82	1.00	0.95
Portfolio	0.95	0.00	0.50	0.57	0.68	0.68	0.78	0.87	0.88	0.95	1.00

The correlation results are calculated based on daily price changes starting from May 29, 2020

Singapore 2502 SGOV

Asset Allocation

Performance

Performance Chart

Returns By Period

Monthly Returns

Benchmark Metrics

Expense Ratio

Return for Risk

Risk / Return Rank

Return / Risk — by metrics

Sharpe ratio

Sortino ratio

Omega ratio

Calmar ratio

Martin ratio

Sharpe Ratio

Dividends

Dividend yield

Drawdowns

Drawdowns Chart

Worst Drawdowns

Volatility

Volatility Chart

Diversification

Diversification Metrics

Number of Effective Assets

Asset Correlations Table