Asset Allocation
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Total Portfolio ( x RE, SPY 30 PHYS 12), 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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The earliest data available for this chart is May 25, 2021, corresponding to the inception date of SPAXX
Returns By Period
| 1D | 1M | YTD | 6M | 1Y | 3Y* | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|---|---|
Benchmark S&P 500 Index | 0.11% | -3.63% | -3.84% | -1.98% | 29.73% | 16.86% | 10.37% | 12.29% |
Portfolio Total Portfolio ( x RE, SPY 30 PHYS 12) | -0.90% | -4.16% | 1.82% | 13.15% | 35.55% | 19.32% | — | — |
| Portfolio components: | ||||||||
FCNVX Fidelity Conservative Income Bond Institutional Class | 0.00% | 0.23% | 0.85% | 1.87% | 4.23% | 5.10% | 3.48% | 2.54% |
VUSFX Vanguard Ultra-Short-Term Bond Fund Admiral Shares | 0.05% | -0.30% | 0.36% | 1.41% | 4.05% | 5.24% | 3.31% | 2.63% |
PHYS Sprott Physical Gold Trust | -1.97% | -8.34% | 7.18% | 18.52% | 51.24% | 31.43% | 21.13% | 13.49% |
PSLV Sprott Physical Silver Trust | -3.56% | -11.62% | -0.34% | 46.13% | 131.53% | 41.55% | 21.34% | 14.56% |
BIL SPDR Barclays 1-3 Month T-Bill ETF | 0.02% | 0.29% | 0.90% | 1.83% | 3.96% | 4.71% | 3.28% | 2.13% |
SPY State Street SPDR S&P 500 ETF | 0.09% | -3.48% | -3.56% | -1.44% | 31.28% | 18.37% | 11.88% | 14.11% |
SPAXX Fidelity Government Money Market Fund | 0.00% | 0.00% | 0.53% | 1.46% | 3.49% | 2.14% | — | — |
Monthly Returns
Based on dividend-adjusted daily data since May 26, 2021, Total Portfolio ( x RE, SPY 30 PHYS 12)'s average daily return is +0.05%, while the average monthly return is +0.93%. At this rate, your investment would double in approximately 6.2 years.
Historically, 67% of months were positive and 33% were negative. The best month was Sep 2025 with a return of +6.4%, while the worst month was Mar 2026 at -6.6%. The longest winning streak lasted 14 consecutive months, and the longest losing streak was 3 months.
On a daily basis, Total Portfolio ( x RE, SPY 30 PHYS 12) closed higher 56% of trading days. The best single day was Apr 9, 2025 with a return of +2.5%, while the worst single day was Jan 30, 2026 at -6.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 4.40% | 4.72% | -6.63% | -0.25% | 1.82% | ||||||||
| 2025 | 3.57% | 0.58% | 3.05% | 0.82% | 1.16% | 2.17% | 0.42% | 3.13% | 6.37% | 1.64% | 4.38% | 5.50% | 37.94% |
| 2024 | -0.37% | 0.89% | 4.24% | 0.89% | 3.18% | 0.35% | 1.87% | 1.25% | 2.64% | 2.12% | -0.99% | -1.41% | 15.48% |
| 2023 | 2.59% | -3.04% | 5.00% | 0.78% | -0.43% | -0.18% | 2.23% | -0.45% | -3.06% | 2.34% | 3.23% | 0.61% | 9.70% |
| 2022 | -1.23% | 1.96% | 1.42% | -3.02% | -1.81% | -2.14% | 0.50% | -2.32% | -1.90% | 0.76% | 4.20% | 1.29% | -2.52% |
| 2021 | 0.26% | -2.56% | 0.62% | -0.05% | -2.54% | 2.41% | -0.82% | 1.62% | -1.16% |
Benchmark Metrics
Total Portfolio ( x RE, SPY 30 PHYS 12) has an annualized alpha of 9.59%, beta of 0.23, and R² of 0.16 versus S&P 500 Index. Calculated based on daily prices since May 26, 2021.
- This portfolio participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (40.60%) than losses (8.80%) — typical of diversified or defensive assets.
- Beta of 0.23 may look defensive, but with R² of 0.16 this portfolio is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this portfolio's risk.
- R² of 0.16 means this portfolio moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 9.59%
- Beta
- 0.23
- R²
- 0.16
- Upside Capture
- 40.60%
- Downside Capture
- 8.80%
Expense Ratio
Total Portfolio ( x RE, SPY 30 PHYS 12) 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.
Return for Risk
Risk / Return Rank
Total Portfolio ( x RE, SPY 30 PHYS 12) ranks 78 for risk / return — better than 78% of portfolios on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
| Portfolio | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.98 | 0.88 | +1.10 |
Sortino ratioReturn per unit of downside risk | 2.37 | 1.37 | +1.00 |
Omega ratioGain probability vs. loss probability | 1.39 | 1.21 | +0.19 |
Calmar ratioReturn relative to maximum drawdown | 2.56 | 1.39 | +1.18 |
Martin ratioReturn relative to average drawdown | 9.27 | 6.43 | +2.84 |
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 | |
|---|---|---|---|---|---|---|
FCNVX Fidelity Conservative Income Bond Institutional Class | 100 | 3.35 | 15.77 | 6.80 | 21.28 | 84.05 |
VUSFX Vanguard Ultra-Short-Term Bond Fund Admiral Shares | 99 | 5.37 | 7.96 | 3.02 | 10.30 | 59.42 |
PHYS Sprott Physical Gold Trust | 81 | 1.62 | 2.01 | 1.30 | 2.41 | 8.56 |
PSLV Sprott Physical Silver Trust | 83 | 1.83 | 2.03 | 1.35 | 2.57 | 8.04 |
BIL SPDR Barclays 1-3 Month T-Bill ETF | 100 | 19.57 | 254.91 | 180.89 | 367.86 | 4,130.10 |
SPY State Street SPDR S&P 500 ETF | 52 | 0.92 | 1.45 | 1.22 | 1.51 | 7.11 |
SPAXX Fidelity Government Money Market Fund | — | 3.48 | — | — | — | — |
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Dividends
Dividend yield
Total Portfolio ( x RE, SPY 30 PHYS 12) provided a 2.06% dividend yield over the last twelve months.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 2.06% | 2.16% | 2.51% | 2.35% | 0.84% | 0.24% | 0.52% | 1.26% | 1.13% | 0.69% | 0.49% | 0.35% |
| Portfolio components: | ||||||||||||
FCNVX Fidelity Conservative Income Bond Institutional Class | 4.23% | 4.41% | 5.17% | 4.97% | 1.24% | 0.24% | 0.99% | 2.45% | 2.21% | 1.30% | 1.01% | 0.48% |
VUSFX Vanguard Ultra-Short-Term Bond Fund Admiral Shares | 4.24% | 4.73% | 5.52% | 4.15% | 1.38% | 0.53% | 1.62% | 2.68% | 2.23% | 1.52% | 1.07% | 0.00% |
PHYS Sprott Physical Gold Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PSLV Sprott Physical Silver Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BIL SPDR Barclays 1-3 Month T-Bill ETF | 3.96% | 4.13% | 5.03% | 4.92% | 1.35% | 0.00% | 0.30% | 2.05% | 1.66% | 0.68% | 0.07% | 0.00% |
SPY State Street SPDR S&P 500 ETF | 1.13% | 1.07% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% |
SPAXX Fidelity Government Money Market Fund | 3.42% | 3.88% | 1.53% | 0.41% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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 Total Portfolio ( x RE, SPY 30 PHYS 12). 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 Total Portfolio ( x RE, SPY 30 PHYS 12) was 11.98%, occurring on Mar 26, 2026. The portfolio has not yet recovered.
The current Total Portfolio ( x RE, SPY 30 PHYS 12) drawdown is 9.22%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -11.98% | Jan 30, 2026 | 39 | Mar 26, 2026 | — | — | — |
| -11.43% | Mar 9, 2022 | 140 | Sep 27, 2022 | 135 | Apr 12, 2023 | 275 |
| -5.26% | Oct 21, 2025 | 6 | Oct 28, 2025 | 22 | Nov 28, 2025 | 28 |
| -4.96% | Jun 3, 2021 | 83 | Sep 29, 2021 | 108 | Mar 4, 2022 | 191 |
| -4.75% | Apr 3, 2025 | 3 | Apr 7, 2025 | 7 | Apr 16, 2025 | 10 |
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 7 assets, with an effective number of assets of 4.86, 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 | BIL | SPAXX | FCNVX | VUSFX | SPY | PHYS | PSLV | Portfolio | |
|---|---|---|---|---|---|---|---|---|---|
| Benchmark | 1.00 | -0.00 | 0.00 | 0.02 | 0.12 | 1.00 | 0.10 | 0.21 | 0.40 |
| BIL | -0.00 | 1.00 | 0.04 | 0.02 | 0.13 | -0.00 | 0.04 | 0.05 | 0.05 |
| SPAXX | 0.00 | 0.04 | 1.00 | 0.34 | 0.01 | 0.00 | 0.00 | -0.03 | 0.00 |
| FCNVX | 0.02 | 0.02 | 0.34 | 1.00 | 0.25 | 0.02 | 0.08 | 0.03 | 0.07 |
| VUSFX | 0.12 | 0.13 | 0.01 | 0.25 | 1.00 | 0.13 | 0.31 | 0.23 | 0.30 |
| SPY | 1.00 | -0.00 | 0.00 | 0.02 | 0.13 | 1.00 | 0.11 | 0.22 | 0.40 |
| PHYS | 0.10 | 0.04 | 0.00 | 0.08 | 0.31 | 0.11 | 1.00 | 0.75 | 0.90 |
| PSLV | 0.21 | 0.05 | -0.03 | 0.03 | 0.23 | 0.22 | 0.75 | 1.00 | 0.88 |
| Portfolio | 0.40 | 0.05 | 0.00 | 0.07 | 0.30 | 0.40 | 0.90 | 0.88 | 1.00 |