Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
KWEB KraneShares CSI China Internet ETF | China Equities | 10% |
VGIT Vanguard Intermediate-Term Treasury ETF | Government Bonds | 22.50% |
VTI Vanguard Total Stock Market ETF | Large Cap Blend Equities | 45% |
VUSXX Vanguard Treasury Money Market Fund | Money Market | 7.50% |
VXUS Vanguard Total International Stock ETF | Foreign Large Cap Equities | 15% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in 4 Fund + China Concentration, 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 month.
Loading graphics...
The earliest data available for this chart is May 25, 2021, corresponding to the inception date of VUSXX
Returns By Period
| 1D | 1M | YTD | 6M | 1Y | 3Y* | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|---|---|
Benchmark S&P 500 Index | 0.44% | -1.90% | -3.41% | -1.91% | 30.31% | 17.22% | 10.14% | 12.44% |
Portfolio 4 Fund + China Concentration | 0.28% | -1.35% | -2.34% | -2.61% | 20.27% | 12.04% | — | — |
| Portfolio components: | ||||||||
VGIT Vanguard Intermediate-Term Treasury ETF | -0.19% | -0.87% | -0.15% | 0.92% | 2.79% | 2.85% | 0.27% | 1.27% |
VTI Vanguard Total Stock Market ETF | 0.45% | -1.56% | -2.70% | -1.22% | 32.43% | 18.56% | 10.52% | 13.90% |
VXUS Vanguard Total International Stock ETF | 0.63% | 0.09% | 3.46% | 6.23% | 40.04% | 15.81% | 7.50% | 9.05% |
VUSXX Vanguard Treasury Money Market Fund | 0.00% | 0.00% | 0.59% | 1.59% | 3.76% | 2.30% | — | — |
KWEB KraneShares CSI China Internet ETF | 0.18% | -5.28% | -17.36% | -30.36% | -4.65% | 1.06% | -15.15% | -0.19% |
Monthly Returns
Based on dividend-adjusted daily data since May 26, 2021, 4 Fund + China Concentration's average daily return is +0.02%, while the average monthly return is +0.45%. At this rate, your investment would double in approximately 12.9 years.
Historically, 55% of months were positive and 45% were negative. The best month was Nov 2022 with a return of +9.5%, while the worst month was Sep 2022 at -8.2%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 4 months.
On a daily basis, 4 Fund + China Concentration closed higher 53% of trading days. The best single day was Apr 9, 2025 with a return of +5.9%, while the worst single day was Apr 4, 2025 at -4.4%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.97% | -0.27% | -4.60% | 0.66% | -2.34% | ||||||||
| 2025 | 2.76% | 0.75% | -2.17% | -0.40% | 3.58% | 3.69% | 1.15% | 2.84% | 3.15% | 0.89% | -0.21% | -0.05% | 16.99% |
| 2024 | -1.05% | 3.32% | 2.41% | -2.12% | 3.57% | 0.77% | 1.59% | 1.29% | 4.85% | -2.06% | 2.70% | -2.21% | 13.51% |
| 2023 | 6.15% | -3.64% | 3.04% | -0.07% | -1.65% | 4.19% | 4.07% | -2.59% | -3.48% | -2.37% | 6.94% | 3.54% | 14.16% |
| 2022 | -3.21% | -2.77% | -0.80% | -5.69% | 0.56% | -3.71% | 3.74% | -2.47% | -8.19% | 1.78% | 9.50% | -2.43% | -13.91% |
| 2021 | 0.35% | 1.02% | -1.90% | 1.57% | -3.48% | 3.36% | -1.94% | 1.02% | -0.19% |
Benchmark Metrics
4 Fund + China Concentration has an annualized alpha of -1.60%, beta of 0.68, and R² of 0.81 versus S&P 500 Index. Calculated based on daily prices since May 26, 2021.
- This portfolio participated in 74.78% of S&P 500 Index downside but only 59.15% of its upside — more exposed to losses than it benefited from rallies.
- Beta of 0.68 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
- -1.60%
- Beta
- 0.68
- R²
- 0.81
- Upside Capture
- 59.15%
- Downside Capture
- 74.78%
Expense Ratio
4 Fund + China Concentration has an expense ratio of 0.11%, 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
4 Fund + China Concentration ranks 24 for risk / return — below 24% 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
| Portfolio | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.76 | 1.84 | -0.08 |
Sortino ratioReturn per unit of downside risk | 2.80 | 2.97 | -0.17 |
Omega ratioGain probability vs. loss probability | 1.37 | 1.40 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 1.62 | 1.82 | -0.21 |
Martin ratioReturn relative to average drawdown | 6.40 | 7.76 | -1.36 |
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 | |
|---|---|---|---|---|---|---|
VGIT Vanguard Intermediate-Term Treasury ETF | 38 | 0.76 | 1.12 | 1.13 | 1.61 | 4.85 |
VTI Vanguard Total Stock Market ETF | 81 | 1.89 | 3.04 | 1.42 | 2.06 | 8.60 |
VXUS Vanguard Total International Stock ETF | 87 | 2.53 | 3.60 | 1.49 | 2.56 | 9.93 |
VUSXX Vanguard Treasury Money Market Fund | — | 3.51 | — | — | — | — |
KWEB KraneShares CSI China Internet ETF | 6 | -0.17 | -0.05 | 0.99 | -0.47 | -1.18 |
Loading graphics...
Dividends
Dividend yield
4 Fund + China Concentration provided a 2.85% dividend yield over the last twelve months.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 2.85% | 2.76% | 2.37% | 1.95% | 1.60% | 2.10% | 1.49% | 1.77% | 2.20% | 1.61% | 1.80% | 1.74% |
| Portfolio components: | ||||||||||||
VGIT Vanguard Intermediate-Term Treasury ETF | 3.83% | 3.79% | 3.67% | 2.73% | 1.74% | 1.69% | 2.23% | 2.24% | 2.05% | 1.67% | 1.69% | 1.69% |
VTI Vanguard Total Stock Market ETF | 1.16% | 1.12% | 1.27% | 1.44% | 1.66% | 1.21% | 1.42% | 1.78% | 2.04% | 1.71% | 1.92% | 1.98% |
VXUS Vanguard Total International Stock ETF | 2.93% | 3.18% | 3.37% | 3.24% | 3.09% | 3.10% | 2.14% | 3.06% | 3.18% | 2.73% | 2.93% | 2.83% |
VUSXX Vanguard Treasury Money Market Fund | 3.69% | 4.15% | 1.63% | 0.43% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
KWEB KraneShares CSI China Internet ETF | 7.45% | 6.16% | 3.51% | 1.71% | 0.00% | 7.07% | 0.29% | 0.08% | 3.40% | 0.58% | 1.19% | 0.46% |
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 4 Fund + China Concentration. 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 4 Fund + China Concentration was 24.35%, occurring on Oct 14, 2022. Recovery took 389 trading sessions.
The current 4 Fund + China Concentration drawdown is 5.18%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -24.35% | Nov 17, 2021 | 229 | Oct 14, 2022 | 389 | May 3, 2024 | 618 |
| -12.07% | Feb 19, 2025 | 35 | Apr 8, 2025 | 39 | Jun 4, 2025 | 74 |
| -7.48% | Jan 13, 2026 | 53 | Mar 30, 2026 | — | — | — |
| -5.21% | Jul 17, 2024 | 14 | Aug 5, 2024 | 32 | Sep 19, 2024 | 46 |
| -5.08% | Sep 8, 2021 | 19 | Oct 4, 2021 | 25 | Nov 8, 2021 | 44 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading graphics...
Diversification
Diversification Metrics
Number of Effective Assets
The portfolio contains 5 assets, with an effective number of assets of 3.43, 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
| Benchmark | VUSXX | VGIT | KWEB | VTI | VXUS | Portfolio | |
|---|---|---|---|---|---|---|---|
| Benchmark | 1.00 | 0.00 | 0.06 | 0.40 | 0.99 | 0.76 | 0.88 |
| VUSXX | 0.00 | 1.00 | 0.05 | -0.03 | -0.00 | -0.04 | -0.01 |
| VGIT | 0.06 | 0.05 | 1.00 | 0.01 | 0.07 | 0.14 | 0.15 |
| KWEB | 0.40 | -0.03 | 0.01 | 1.00 | 0.42 | 0.60 | 0.73 |
| VTI | 0.99 | -0.00 | 0.07 | 0.42 | 1.00 | 0.78 | 0.89 |
| VXUS | 0.76 | -0.04 | 0.14 | 0.60 | 0.78 | 1.00 | 0.89 |
| Portfolio | 0.88 | -0.01 | 0.15 | 0.73 | 0.89 | 0.89 | 1.00 |