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457b

Last updated Dec 2, 2023

Asset Allocation


FSPGX 26.32%QQQM 26.32%VINIX 26.17%VIEIX 13.69%FSSNX 7.5%EquityEquity
PositionCategory/SectorWeight
FSPGX
Fidelity Large Cap Growth Index Fund
Large Cap Growth Equities26.32%
QQQM
Invesco NASDAQ 100 ETF
Large Cap Growth Equities26.32%
VINIX
Vanguard Institutional Index Fund Institutional Shares
Large Cap Blend Equities26.17%
VIEIX
Vanguard Extended Market Index Fund Institutional Shares
Mid Cap Blend Equities13.69%
FSSNX
Fidelity Small Cap Index Fund
Small Cap Blend Equities7.5%

Performance

The chart shows the growth of an initial investment of $10,000 in 457b, 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


15.00%20.00%25.00%30.00%JulyAugustSeptemberOctoberNovemberDecember
30.99%
30.83%
457b
Benchmark (^GSPC)
Portfolio components

The earliest data available for this chart is Oct 13, 2020, corresponding to the inception date of QQQM

Returns


Year-To-Date1 month6 months1 year5 years (annualized)10 years (annualized)
^GSPC
N/AN/AN/AN/AN/AN/A
457b30.30%7.85%8.93%20.93%N/AN/A
VINIX
Vanguard Institutional Index Fund Institutional Shares
21.48%8.64%8.13%14.54%12.64%11.94%
VIEIX
Vanguard Extended Market Index Fund Institutional Shares
16.43%13.42%7.56%8.68%7.82%8.19%
FSPGX
Fidelity Large Cap Growth Index Fund
37.25%9.78%10.85%26.65%16.45%N/A
FSSNX
Fidelity Small Cap Index Fund
7.45%11.79%2.58%0.76%5.48%7.05%
QQQM
Invesco NASDAQ 100 ETF
47.22%9.19%10.29%33.74%N/AN/A

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20233.39%6.91%4.02%-2.01%-5.10%-2.84%10.35%

Sharpe Ratio

The current 457b Sharpe ratio is 1.28. A Sharpe ratio greater than 1.0 is considered acceptable.

-1.000.001.002.003.001.28

The Sharpe ratio of 457b lies between the 25th and 75th percentiles. It indicates that the portfolio's risk-adjusted performance is in line with the majority of portfolios. This suggests a balanced approach to risk and return, which might be suitable for a broad range of investors.


Rolling 12-month Sharpe Ratio0.000.501.001.50JulyAugustSeptemberOctoberNovemberDecember
1.28
0.91
457b
Benchmark (^GSPC)
Portfolio components

Dividend yield

457b granted a 1.34% dividend yield in the last twelve months.


TTM20222021202020192018201720162015201420132012
457b1.34%1.58%2.39%1.53%1.42%1.66%1.25%1.06%1.17%1.04%0.85%1.04%
VINIX
Vanguard Institutional Index Fund Institutional Shares
2.66%3.38%4.77%3.06%2.85%2.43%1.82%2.36%2.45%1.88%1.85%2.17%
VIEIX
Vanguard Extended Market Index Fund Institutional Shares
1.37%1.16%1.14%1.08%1.31%1.67%1.27%1.45%1.37%1.34%1.15%1.65%
FSPGX
Fidelity Large Cap Growth Index Fund
0.67%0.86%2.22%1.76%1.04%1.47%1.22%0.29%0.00%0.00%0.00%0.00%
FSSNX
Fidelity Small Cap Index Fund
1.54%1.26%3.92%0.94%2.96%5.39%3.67%2.27%4.53%4.80%2.82%3.29%
QQQM
Invesco NASDAQ 100 ETF
0.61%0.83%0.40%0.16%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Expense Ratio

The 457b 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.


0.15%
0.00%2.15%
0.05%
0.00%2.15%
0.04%
0.00%2.15%
0.03%
0.00%2.15%

Risk-Adjusted Performance

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 ratioSortino ratioOmega ratioCalmar ratioUlcer Index
VINIX
Vanguard Institutional Index Fund Institutional Shares
1.05
VIEIX
Vanguard Extended Market Index Fund Institutional Shares
0.46
FSPGX
Fidelity Large Cap Growth Index Fund
1.58
FSSNX
Fidelity Small Cap Index Fund
0.03
QQQM
Invesco NASDAQ 100 ETF
1.80

Asset Correlations Table

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

FSSNXQQQMVIEIXFSPGXVINIX
FSSNX1.000.710.970.740.82
QQQM0.711.000.800.990.92
VIEIX0.970.801.000.830.86
FSPGX0.740.990.831.000.94
VINIX0.820.920.860.941.00

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-16.00%-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%JulyAugustSeptemberOctoberNovemberDecember
-5.10%
-4.21%
457b
Benchmark (^GSPC)
Portfolio components

Worst Drawdowns

The table below displays the maximum drawdowns of the 457b. 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 457b was 30.47%, occurring on Oct 14, 2022. The portfolio has not yet recovered.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-30.47%Nov 22, 2021226Oct 14, 2022
-7.67%Feb 16, 202113Mar 4, 202124Apr 8, 202137
-7.64%Oct 14, 202013Oct 30, 20204Nov 5, 202017
-6.16%Sep 7, 202120Oct 4, 202115Oct 25, 202135
-6.11%Apr 27, 202112May 12, 202120Jun 10, 202132

Volatility Chart

The current 457b volatility is 3.64%, 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.


2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
3.64%
2.79%
457b
Benchmark (^GSPC)
Portfolio components
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