Path Forward 2023
Asset Allocation
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Path Forward 2023, 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 Quarterly
The earliest data available for this chart is Apr 7, 2021, corresponding to the inception date of VUSB
Returns By Period
| Year-To-Date | 1 month | 6 months | 1 year | 5 years (annualized) | 10 years (annualized) | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | 11.05% | 4.86% | 17.50% | 27.37% | 13.14% | 10.90% |
| Path Forward 2023 | 4.42% | 3.42% | 10.15% | 13.81% | N/A | N/A |
| Portfolio components: | ||||||
USD=X USD Cash | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SWVXX Schwab Value Advantage Money Fund | 1.07% | 0.00% | 1.76% | 4.43% | 1.83% | 1.24% |
SWPPX Schwab S&P 500 Index Fund | 11.64% | 4.99% | 18.34% | 29.31% | 15.01% | 12.92% |
VBTLX Vanguard Total Bond Market Index Fund Admiral Shares | -1.01% | 2.57% | 4.17% | 1.93% | 0.25% | 1.35% |
VTSAX Vanguard Total Stock Market Index Fund Admiral Shares | 10.77% | 5.09% | 18.57% | 28.96% | 14.18% | 12.34% |
VWINX Vanguard Wellesley Income Fund Investor Shares | 2.63% | 4.31% | 9.09% | 9.15% | 4.95% | 5.25% |
VXF Vanguard Extended Market ETF | 5.66% | 5.91% | 20.62% | 27.30% | 9.78% | 9.18% |
VXUS Vanguard Total International Stock ETF | 7.27% | 7.05% | 14.84% | 14.31% | 7.11% | 4.55% |
VUSB Vanguard Ultra-Short Bond ETF | 1.75% | 0.64% | 3.03% | 5.57% | N/A | N/A |
VTRIX Vanguard International Value Fund | 7.31% | 7.63% | 14.11% | 13.33% | 7.59% | 4.37% |
VGSLX Vanguard Real Estate Index Fund Admiral Shares | -3.07% | 7.14% | 9.43% | 9.28% | 3.04% | 5.45% |
VASGX Vanguard LifeStrategy Growth Fund | 7.26% | 4.98% | 14.35% | 18.64% | 9.15% | 7.86% |
Monthly Returns
The table below presents the monthly returns of Path Forward 2023, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.30% | 2.17% | 1.98% | -2.53% | 4.42% | ||||||||
| 2023 | 4.61% | -1.84% | 1.07% | 0.55% | -0.60% | 3.47% | 2.20% | -1.55% | -2.63% | -1.89% | 5.60% | 4.14% | 13.45% |
| 2022 | -3.21% | -1.34% | 0.75% | -4.66% | 0.02% | -4.47% | 4.50% | -2.27% | -5.63% | 3.55% | 4.20% | -2.63% | -11.26% |
| 2021 | 1.35% | 0.62% | 1.04% | 0.63% | 1.21% | -2.35% | 2.92% | -1.46% | 2.06% | 6.07% |
Expense Ratio
Path Forward 2023 has an expense ratio of 0.07% which is considered to be low. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
This table presents a comparison of risk-adjusted performance metrics for positions. Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|
USD=X USD Cash | — | — | — | — | — |
SWVXX Schwab Value Advantage Money Fund | 3.19 | — | — | — | — |
SWPPX Schwab S&P 500 Index Fund | 2.64 | 3.72 | 1.46 | 2.52 | 10.69 |
VBTLX Vanguard Total Bond Market Index Fund Admiral Shares | 0.18 | 0.31 | 1.03 | 0.07 | 0.48 |
VTSAX Vanguard Total Stock Market Index Fund Admiral Shares | 2.54 | 3.58 | 1.44 | 2.16 | 9.56 |
VWINX Vanguard Wellesley Income Fund Investor Shares | 1.25 | 1.86 | 1.25 | 0.79 | 3.83 |
VXF Vanguard Extended Market ETF | 1.71 | 2.44 | 1.28 | 0.93 | 5.44 |
VXUS Vanguard Total International Stock ETF | 1.20 | 1.75 | 1.21 | 0.82 | 3.55 |
VUSB Vanguard Ultra-Short Bond ETF | 5.32 | 9.84 | 2.32 | 27.19 | 102.67 |
VTRIX Vanguard International Value Fund | 1.16 | 1.70 | 1.21 | 0.90 | 2.90 |
VGSLX Vanguard Real Estate Index Fund Admiral Shares | 0.57 | 0.95 | 1.11 | 0.31 | 1.54 |
VASGX Vanguard LifeStrategy Growth Fund | 2.04 | 2.97 | 1.36 | 1.30 | 6.26 |
Not enough dataDividends
Dividend yield
Path Forward 2023 granted a 1.89% dividend yield in the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Path Forward 2023 | 1.89% | 1.91% | 1.99% | 1.75% | 1.57% | 1.60% | 2.42% | 1.53% | 1.70% | 2.05% | 1.73% | 1.70% |
| Portfolio components: | ||||||||||||
USD=X USD Cash | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SWVXX Schwab Value Advantage Money Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SWPPX Schwab S&P 500 Index Fund | 1.28% | 1.43% | 1.67% | 1.27% | 1.81% | 1.95% | 2.66% | 1.78% | 2.55% | 3.17% | 1.80% | 1.67% |
VBTLX Vanguard Total Bond Market Index Fund Admiral Shares | 3.35% | 3.08% | 2.59% | 2.11% | 2.39% | 2.73% | 2.80% | 2.56% | 2.54% | 2.37% | 2.59% | 2.59% |
VTSAX Vanguard Total Stock Market Index Fund Admiral Shares | 1.34% | 1.43% | 1.65% | 1.20% | 1.41% | 1.76% | 2.03% | 1.71% | 1.92% | 1.98% | 1.76% | 1.74% |
VWINX Vanguard Wellesley Income Fund Investor Shares | 4.70% | 4.73% | 7.67% | 6.03% | 4.30% | 3.94% | 7.56% | 4.00% | 4.00% | 5.60% | 4.92% | 5.79% |
VXF Vanguard Extended Market ETF | 1.22% | 1.27% | 1.15% | 1.13% | 1.07% | 1.30% | 1.66% | 1.25% | 1.43% | 1.35% | 1.32% | 1.14% |
VXUS Vanguard Total International Stock ETF | 3.20% | 3.24% | 3.09% | 3.10% | 2.14% | 3.06% | 3.18% | 2.73% | 2.93% | 2.83% | 3.40% | 2.70% |
VUSB Vanguard Ultra-Short Bond ETF | 4.91% | 4.45% | 1.53% | 0.25% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VTRIX Vanguard International Value Fund | 2.59% | 2.78% | 2.75% | 4.35% | 1.58% | 2.96% | 6.24% | 1.86% | 2.29% | 2.13% | 2.79% | 1.86% |
VGSLX Vanguard Real Estate Index Fund Admiral Shares | 4.07% | 3.96% | 3.91% | 2.56% | 3.92% | 3.39% | 4.73% | 4.23% | 4.82% | 3.92% | 3.60% | 4.32% |
VASGX Vanguard LifeStrategy Growth Fund | 2.80% | 3.01% | 2.22% | 3.54% | 3.54% | 2.34% | 4.36% | 2.13% | 2.23% | 4.54% | 2.76% | 2.12% |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Path Forward 2023. 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 Path Forward 2023 was 16.47%, occurring on Oct 14, 2022. Recovery took 313 trading sessions.
The current Path Forward 2023 drawdown is 0.17%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -16.47% | Nov 9, 2021 | 244 | Oct 14, 2022 | 313 | Dec 27, 2023 | 557 |
| -3.21% | Apr 1, 2024 | 15 | Apr 19, 2024 | 17 | May 14, 2024 | 32 |
| -2.8% | Sep 3, 2021 | 22 | Oct 4, 2021 | 15 | Oct 25, 2021 | 37 |
| -2.25% | May 10, 2021 | 3 | May 12, 2021 | 12 | May 28, 2021 | 15 |
| -1.71% | Jul 13, 2021 | 5 | Jul 19, 2021 | 8 | Jul 29, 2021 | 13 |
Volatility
Volatility Chart
The current Path Forward 2023 volatility is 1.80%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Diversification
Asset Correlations Table
| USD=X | SWVXX | VUSB | VBTLX | VGSLX | VWINX | VTRIX | VXUS | VXF | SWPPX | VTSAX | VASGX | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| USD=X | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SWVXX | 0.00 | 1.00 | 0.04 | -0.02 | 0.01 | -0.02 | 0.02 | 0.01 | 0.05 | 0.03 | 0.03 | 0.02 |
| VUSB | 0.00 | 0.04 | 1.00 | 0.57 | 0.19 | 0.37 | 0.18 | 0.20 | 0.15 | 0.12 | 0.13 | 0.20 |
| VBTLX | 0.00 | -0.02 | 0.57 | 1.00 | 0.28 | 0.59 | 0.13 | 0.16 | 0.15 | 0.13 | 0.14 | 0.23 |
| VGSLX | 0.00 | 0.01 | 0.19 | 0.28 | 1.00 | 0.69 | 0.60 | 0.62 | 0.71 | 0.70 | 0.72 | 0.72 |
| VWINX | 0.00 | -0.02 | 0.37 | 0.59 | 0.69 | 1.00 | 0.64 | 0.66 | 0.63 | 0.68 | 0.68 | 0.75 |
| VTRIX | 0.00 | 0.02 | 0.18 | 0.13 | 0.60 | 0.64 | 1.00 | 0.97 | 0.77 | 0.77 | 0.79 | 0.89 |
| VXUS | 0.00 | 0.01 | 0.20 | 0.16 | 0.62 | 0.66 | 0.97 | 1.00 | 0.78 | 0.79 | 0.81 | 0.91 |
| VXF | 0.00 | 0.05 | 0.15 | 0.15 | 0.71 | 0.63 | 0.77 | 0.78 | 1.00 | 0.87 | 0.92 | 0.90 |
| SWPPX | 0.00 | 0.03 | 0.12 | 0.13 | 0.70 | 0.68 | 0.77 | 0.79 | 0.87 | 1.00 | 0.99 | 0.95 |
| VTSAX | 0.00 | 0.03 | 0.13 | 0.14 | 0.72 | 0.68 | 0.79 | 0.81 | 0.92 | 0.99 | 1.00 | 0.97 |
| VASGX | 0.00 | 0.02 | 0.20 | 0.23 | 0.72 | 0.75 | 0.89 | 0.91 | 0.90 | 0.95 | 0.97 | 1.00 |