Vanguard Modified Target Retirement 2030

Asset Allocation

Position	Category/Sector	Target Weight
VTHRX Vanguard Target Retirement 2030 Fund	Target Retirement Date, Diversified Portfolio	68%
MLPA Global X MLP ETF	MLPs	7.50%
PFFD Global X U.S. Preferred ETF	Preferred Stock/Convertible Bonds	7.50%
USHY iShares Broad USD High Yield Corporate Bond ETF	High Yield Bonds	5%
JEPI JPMorgan Equity Premium Income ETF	Dividend, Derivative Income	5%
VNQ Vanguard Real Estate ETF	REIT	5%
TIP iShares TIPS Bond ETF	Inflation-Protected Bonds	1%
SCHD Schwab U.S. Dividend Equity ETF	Dividend	1%

Benchmark Against

Benchmark

S&P 500 Index

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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Vanguard Modified Target Retirement 2030, 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 year.

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Returns By Period

Position	1D	1M	YTD	6M	1Y	3Y*	5Y*	10Y*
Benchmark S&P 500 Index	-2.64%	-0.21%	7.86%	7.85%	23.05%	19.90%	11.79%	13.33%
Portfolio Vanguard Modified Target Retirement 2030	-0.12%	0.96%	7.45%	7.94%	16.30%	13.02%	6.80%	—
Portfolio components:
JEPI JPMorgan Equity Premium Income ETF	-0.34%	-0.09%	0.35%	0.76%	7.36%	9.00%	7.30%	—
MLPA Global X MLP ETF	-0.55%	2.08%	16.85%	14.41%	17.19%	17.32%	15.73%	5.98%
PFFD Global X U.S. Preferred ETF	-0.79%	-1.52%	1.80%	2.34%	6.73%	5.02%	-0.25%	—
SCHD Schwab U.S. Dividend Equity ETF	-0.89%	2.15%	18.75%	18.75%	26.41%	15.14%	8.31%	12.64%
TIP iShares TIPS Bond ETF	-0.48%	-0.79%	1.06%	0.88%	4.93%	3.65%	0.88%	2.48%
USHY iShares Broad USD High Yield Corporate Bond ETF	-0.43%	-0.22%	1.20%	1.55%	6.75%	8.80%	4.20%	—
VNQ Vanguard Real Estate ETF	0.72%	0.18%	10.55%	9.83%	11.98%	9.97%	2.69%	5.48%
VTHRX Vanguard Target Retirement 2030 Fund	0.24%	1.31%	7.73%	8.18%	18.86%	14.46%	6.89%	8.84%

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

Monthly Returns

Based on dividend-adjusted daily data since May 22, 2020, Vanguard Modified Target Retirement 2030's average daily return is +0.04%, while the average monthly return is +0.87%. At this rate, an investment would double in approximately 6.7 years.

Historically, 69% of months were positive and 31% were negative. The best month was Nov 2020 with a return of +8.6%, while the worst month was Sep 2022 at -7.1%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 3 months.

On a daily basis, Vanguard Modified Target Retirement 2030 closed higher 56% of trading days. The best single day was Apr 9, 2025 with a return of +4.4%, while the worst single day was Jun 11, 2020 at -4.2%.

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Total
2026	2.45%	2.09%	-4.03%	5.07%	1.68%	0.21%							7.45%
2025	2.38%	0.87%	-2.14%	-0.38%	2.64%	2.78%	0.75%	1.91%	1.63%	0.79%	0.75%	0.26%	12.83%
2024	0.22%	2.12%	2.19%	-3.02%	2.87%	1.25%	2.26%	2.07%	1.89%	-1.91%	3.56%	-3.10%	10.59%
2023	6.06%	-2.70%	1.47%	0.99%	-1.26%	3.37%	2.29%	-1.65%	-2.96%	-2.31%	7.09%	3.90%	14.55%
2022	-2.82%	-1.70%	0.72%	-5.40%	0.98%	-6.57%	6.36%	-3.01%	-7.07%	4.15%	5.35%	-3.41%	-12.75%
2021	-0.02%	1.72%	2.61%	3.32%	1.60%	1.59%	0.31%	0.92%	-2.35%	3.39%	-2.21%	3.19%	14.79%

Benchmark Metrics

Vanguard Modified Target Retirement 2030 has an annualized alpha of 1.37%, beta of 0.56, and R2 of 0.86 versus S&P 500 Index. Calculated based on daily prices since May 22, 2020.

This portfolio participated in 67.21% of S&P 500 Index downside but only 58.69% of its upside - more exposed to losses than it benefited from rallies.
Beta of 0.56 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: 1.37%

Beta: 0.56

R²: 0.86

Upside Capture: 58.69%

Downside Capture: 67.21%

Expense Ratio

Vanguard Modified Target Retirement 2030 has an expense ratio of 0.14%, 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.

MLPA

Global X MLP ETF

JEPI

JPMorgan Equity Premium Income ETF

PFFD

Global X U.S. Preferred ETF

TIP

iShares TIPS Bond ETF

USHY

iShares Broad USD High Yield Corporate Bond ETF

VNQ

Vanguard Real Estate ETF

VTHRX

Vanguard Target Retirement 2030 Fund

SCHD

Schwab U.S. Dividend Equity ETF

Return for Risk

Risk / Return Rank

Vanguard Modified Target Retirement 2030 ranks 57 for risk / return — on par with similar Portfolios. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

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

The table below presents risk-adjusted performance metrics for Vanguard Modified Target Retirement 2030 and compares them with S&P 500 Index.

	Portfolio	Benchmark	Difference
Sharpe ratioReturn per unit of total volatility	2.43	2.01	+0.42
Sortino ratioReturn per unit of downside risk	3.42	2.71	+0.71
Omega ratioGain probability vs. loss probability	1.46	1.36	+0.10
Calmar ratioReturn relative to maximum drawdown	3.11	2.69	+0.42
Martin ratioReturn relative to average drawdown	13.64	12.34	+1.30
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.

Position	Risk / Return Rank	Sharpe ratio	Sortino ratio	Omega ratio	Calmar ratio	Martin ratio
JEPI JPMorgan Equity Premium Income ETF	29	1.00	1.49	1.18	1.18	3.74
MLPA Global X MLP ETF	48	1.55	2.21	1.26	2.21	6.71
PFFD Global X U.S. Preferred ETF	26	0.92	1.33	1.16	1.11	3.29
SCHD Schwab U.S. Dividend Equity ETF	87	2.55	3.94	1.46	6.07	14.90
TIP iShares TIPS Bond ETF	43	1.28	1.95	1.23	2.22	6.71
USHY iShares Broad USD High Yield Corporate Bond ETF	66	1.86	2.79	1.36	2.81	12.59
VNQ Vanguard Real Estate ETF	30	0.95	1.36	1.17	1.51	4.74
VTHRX Vanguard Target Retirement 2030 Fund	67	2.36	3.37	1.44	2.91	12.74

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.

Vanguard Modified Target Retirement 2030 Sharpe ratios as of Jun 6, 2026 (values are recalculated daily):

1-Year: 2.43
5-Year: 0.68
All Time: 1.05

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 1.64 to 2.53, this portfolio's current Sharpe ratio falls between the 25th and 75th percentiles. This indicates that its risk-adjusted performance is in line with the majority of portfolios, suggesting a balanced approach to risk and return—likely suitable for a wide range of investors.

The chart below shows the rolling Sharpe ratio of Vanguard Modified Target Retirement 2030 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

Vanguard Modified Target Retirement 2030 provided a 4.58% dividend yield over the last twelve months.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Portfolio	4.58%	4.83%	4.46%	3.82%	3.95%	13.76%	3.96%	3.22%	3.67%	1.08%	2.44%	3.46%
Portfolio components:
JEPI JPMorgan Equity Premium Income ETF	8.26%	8.25%	7.33%	8.40%	11.68%	6.59%	5.79%	0.00%	0.00%	0.00%	0.00%	0.00%
MLPA Global X MLP ETF	7.23%	7.82%	7.25%	7.49%	7.30%	8.72%	13.84%	9.09%	10.00%	8.05%	7.15%	9.29%
PFFD Global X U.S. Preferred ETF	6.40%	6.37%	6.42%	6.49%	6.63%	5.09%	5.17%	5.48%	6.21%	1.94%	0.00%	0.00%
SCHD Schwab U.S. Dividend Equity ETF	3.27%	3.82%	3.64%	3.49%	3.39%	2.78%	3.16%	2.98%	3.06%	2.63%	2.89%	2.97%
TIP iShares TIPS Bond ETF	3.77%	3.46%	2.52%	2.73%	6.96%	4.28%	1.17%	1.75%	2.71%	2.07%	1.48%	0.34%
USHY iShares Broad USD High Yield Corporate Bond ETF	6.94%	6.79%	6.89%	6.63%	6.08%	5.07%	5.30%	5.92%	6.30%	0.73%	0.00%	0.00%
VNQ Vanguard Real Estate ETF	3.60%	3.92%	3.85%	3.95%	3.91%	2.56%	3.93%	3.39%	4.74%	4.23%	4.82%	3.92%
VTHRX Vanguard Target Retirement 2030 Fund	3.74%	4.03%	3.63%	2.59%	2.53%	17.56%	2.56%	2.38%	2.71%	0.06%	2.38%	3.72%

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 Vanguard Modified Target Retirement 2030. 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 Vanguard Modified Target Retirement 2030 was 18.41%, occurring on Oct 14, 2022. Recovery took 322 trading sessions.

The current Vanguard Modified Target Retirement 2030 drawdown is 0.15%.

Related event	Drawdown	Fall	Recovery	Underwater
Bear market2022	-18.41%Oct 2022	11mo 8d	1y 3mo	2y 2moNov 2021 - Jan 2024
2025 selloff2025	-9.74%Apr 2025	1mo 16d	1mo 26d	3mo 12dFeb 2025 - Jun 2025
2020 pullback2020	-5.75%Jun 2020	17d	1mo 9d	1mo 26dJun 2020 - Aug 2020
2026 pullback2026	-5.40%Mar 2026	1mo 1d	18d	1mo 19dFeb 2026 - Apr 2026
2020 pullback2020	-5.30%Sep 2020	21d	18d	1mo 9dSep 2020 - Oct 2020

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 8 assets, with an effective number of assets of 2.08, reflecting the diversification based on asset allocation. Your portfolio is dominated by one or two holdings, which significantly increases concentration risk. Consider rebalancing toward more even weights or adding additional positions.

Diversification Ratio

	1Y	3Y	5Y	All Time
Diversification Ratio	1.20	1.14	1.13	1.14

The portfolio has a diversification ratio of 1.14, placing it in the bottom quartile across portfolios — positions are highly correlated. Consider adding assets from different classes or sectors to reduce risk.

Vanguard Modified Target Retirement 2030 correlation to the S&P 500 Index

Vanguard Modified Target Retirement 2030 has a 0.89 correlation to S&P 500 Index over the trailing 12 months. This section compares each holding's correlation to the benchmark and to the portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.89
Correlation (3Y) Calculated over the trailing 3-year period	0.88
Correlation (5Y) Calculated over the trailing 5-year period	0.90
Correlation (All Time) Calculated using the full available price history since May 22, 2020	0.91

Benchmark Correlations

Correlation vs. S&P 500 Index. VTHRX has the highest benchmark correlation at 0.93, while TIP has the lowest at 0.17.

0.17

0.40

0.57

0.62

0.71

0.72

0.79

0.93

Portfolio Correlations

Correlation vs. Vanguard Modified Target Retirement 2030. VTHRX has the highest portfolio correlation at 0.97, while TIP has the lowest at 0.31.

0.31

0.56

0.68

0.73

0.77

0.78

0.80

0.97

Asset Correlations Table

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

	TIP	MLPA	PFFD	VNQ	SCHD	JEPI	USHY	VTHRX
TIP	1.00	0.06	0.38	0.28	0.13	0.20	0.41	0.30
MLPA	0.06	1.00	0.29	0.39	0.54	0.37	0.34	0.41
PFFD	0.38	0.29	1.00	0.53	0.48	0.53	0.68	0.64
VNQ	0.28	0.39	0.53	1.00	0.69	0.70	0.61	0.66
SCHD	0.13	0.54	0.48	0.69	1.00	0.78	0.58	0.70
JEPI	0.20	0.37	0.53	0.70	0.78	1.00	0.61	0.75
USHY	0.41	0.34	0.68	0.61	0.58	0.61	1.00	0.79
VTHRX	0.30	0.41	0.64	0.66	0.70	0.75	0.79	1.00

The correlation results are calculated based on daily price changes starting from May 22, 2020

Diversification Analysis

Find what Vanguard Modified Target Retirement 2030 is missing

See which holdings overlap, where Vanguard Modified Target Retirement 2030 is concentrated, and which low-correlation assets could fill the gaps.

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