Tax Mgd LC plus Bond 80/20
VTCLX plus mixed bonds 80 % / 20%
Asset Allocation
Performance
Performance Chart
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The earliest data available for this chart is Oct 16, 2012, corresponding to the inception date of VTIP
Returns By Period
As of May 11, 2025, the Tax Mgd LC plus Bond 80/20 returned -2.03% Year-To-Date and 10.36% of annualized return in the last 10 years.
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | -3.77% | 7.44% | -5.60% | 8.37% | 14.12% | 10.46% |
| Tax Mgd LC plus Bond 80/20 | -2.03% | 6.41% | -3.55% | 8.88% | 12.71% | 10.36% |
| Portfolio components: | ||||||
VTCLX Vanguard Tax-Managed Capital Appreciation Fund Admiral Shares | -3.27% | 7.90% | -5.07% | 9.37% | 15.60% | 12.26% |
BIV Vanguard Intermediate-Term Bond ETF | 2.95% | 1.13% | 2.05% | 6.59% | -0.36% | 1.91% |
VTIP Vanguard Short-Term Inflation-Protected Securities ETF | 3.51% | 0.85% | 3.64% | 7.07% | 4.01% | 2.85% |
VFIRX Vanguard Short-Term Treasury Fund Admiral Shares | 1.76% | -0.10% | 2.38% | 5.58% | 0.60% | 1.24% |
Monthly Returns
The table below presents the monthly returns of Tax Mgd LC plus Bond 80/20, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 2.65% | -1.14% | -4.46% | -0.27% | 1.33% | -2.03% | |||||||
| 2024 | 1.16% | 4.16% | 2.72% | -3.80% | 4.06% | 2.74% | 1.45% | 2.07% | 1.86% | -1.05% | 5.36% | -2.46% | 19.41% |
| 2023 | 5.85% | -2.29% | 3.07% | 1.09% | 0.24% | 5.27% | 2.74% | -1.34% | -4.10% | -2.08% | 8.05% | 4.45% | 22.16% |
| 2022 | -4.88% | -2.19% | 2.14% | -7.53% | 0.11% | -6.85% | 7.99% | -3.67% | -8.04% | 6.33% | 4.85% | -4.89% | -16.89% |
| 2021 | -0.79% | 2.24% | 2.95% | 4.48% | 0.47% | 2.08% | 1.94% | 2.21% | -3.84% | 5.51% | -0.96% | 3.39% | 21.13% |
| 2020 | 0.43% | -6.15% | -10.53% | 10.78% | 4.58% | 1.80% | 4.90% | 5.99% | -3.09% | -2.10% | 9.54% | 3.47% | 18.91% |
| 2019 | 6.86% | 2.88% | 1.62% | 3.37% | -4.84% | 5.80% | 1.28% | -0.99% | 1.20% | 1.65% | 3.00% | 2.32% | 26.41% |
| 2018 | 4.20% | -3.04% | -1.65% | 0.19% | 1.97% | 0.47% | 2.68% | 2.90% | 0.21% | -5.78% | 1.73% | -6.91% | -3.64% |
| 2017 | 1.75% | 3.15% | 0.13% | 1.02% | 1.22% | 0.47% | 1.76% | 0.48% | 1.62% | 1.85% | 2.48% | 0.89% | 18.14% |
| 2016 | -4.25% | 0.04% | 5.74% | 0.43% | 1.60% | 0.28% | 3.09% | 0.06% | 0.09% | -1.59% | 2.93% | 1.52% | 10.02% |
| 2015 | -1.80% | 4.60% | -0.89% | 0.63% | 1.10% | -1.54% | 1.55% | -4.78% | -2.04% | 6.55% | 0.27% | -1.54% | 1.62% |
| 2014 | -2.34% | 4.01% | 0.38% | 0.47% | 2.01% | 1.82% | -1.45% | 3.39% | -1.64% | 2.01% | 2.10% | -0.30% | 10.73% |
Expense Ratio
Tax Mgd LC plus Bond 80/20 has an expense ratio of 0.08%, 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.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of Tax Mgd LC plus Bond 80/20 is 48, indicating average performance compared to other portfolios on our website. Here’s a breakdown of how it compares using common performance measures.
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 | |
|---|---|---|---|---|---|
VTCLX Vanguard Tax-Managed Capital Appreciation Fund Admiral Shares | 0.49 | 0.85 | 1.12 | 0.53 | 2.03 |
BIV Vanguard Intermediate-Term Bond ETF | 1.16 | 1.70 | 1.20 | 0.51 | 2.86 |
VTIP Vanguard Short-Term Inflation-Protected Securities ETF | 3.63 | 5.96 | 1.84 | 7.36 | 24.70 |
VFIRX Vanguard Short-Term Treasury Fund Admiral Shares | 2.19 | 3.72 | 1.48 | 1.51 | 9.95 |
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Dividends
Dividend yield
Tax Mgd LC plus Bond 80/20 provided a 1.60% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 1.60% | 1.57% | 1.67% | 1.86% | 1.43% | 1.45% | 1.71% | 1.99% | 1.67% | 1.73% | 1.69% | 1.71% |
| Portfolio components: | ||||||||||||
VTCLX Vanguard Tax-Managed Capital Appreciation Fund Admiral Shares | 1.10% | 1.04% | 1.24% | 1.47% | 1.04% | 1.32% | 1.52% | 1.83% | 1.57% | 1.76% | 1.69% | 1.56% |
BIV Vanguard Intermediate-Term Bond ETF | 3.86% | 3.79% | 3.10% | 2.41% | 3.42% | 2.96% | 2.75% | 2.87% | 2.69% | 2.38% | 3.02% | 3.96% |
VTIP Vanguard Short-Term Inflation-Protected Securities ETF | 2.76% | 2.70% | 3.36% | 6.84% | 4.68% | 1.20% | 1.95% | 2.45% | 1.52% | 0.76% | 0.00% | 0.82% |
VFIRX Vanguard Short-Term Treasury Fund Admiral Shares | 3.98% | 4.49% | 4.07% | 2.01% | 0.43% | 0.86% | 2.49% | 2.21% | 1.27% | 1.00% | 0.79% | 0.61% |
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 Tax Mgd LC plus Bond 80/20. 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 Tax Mgd LC plus Bond 80/20 was 28.13%, occurring on Mar 23, 2020. Recovery took 92 trading sessions.
The current Tax Mgd LC plus Bond 80/20 drawdown is 5.75%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -28.13% | Feb 20, 2020 | 23 | Mar 23, 2020 | 92 | Aug 3, 2020 | 115 |
| -22.11% | Dec 28, 2021 | 202 | Oct 14, 2022 | 293 | Dec 14, 2023 | 495 |
| -15.55% | Sep 21, 2018 | 65 | Dec 24, 2018 | 66 | Apr 1, 2019 | 131 |
| -15.12% | Feb 20, 2025 | 34 | Apr 8, 2025 | — | — | — |
| -10.96% | May 22, 2015 | 183 | Feb 11, 2016 | 46 | Apr 19, 2016 | 229 |
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 4 assets, with an effective number of assets of 1.53, 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
| ^GSPC | VTIP | BIV | VFIRX | VTCLX | Portfolio | |
|---|---|---|---|---|---|---|
| ^GSPC | 1.00 | 0.07 | -0.06 | -0.11 | 1.00 | 0.99 |
| VTIP | 0.07 | 1.00 | 0.58 | 0.54 | 0.08 | 0.11 |
| BIV | -0.06 | 0.58 | 1.00 | 0.71 | -0.06 | -0.01 |
| VFIRX | -0.11 | 0.54 | 0.71 | 1.00 | -0.11 | -0.07 |
| VTCLX | 1.00 | 0.08 | -0.06 | -0.11 | 1.00 | 1.00 |
| Portfolio | 0.99 | 0.11 | -0.01 | -0.07 | 1.00 | 1.00 |