FundAdvice Ultimate Buy & Hold Portfolio 60/40

Asset Allocation

Position	Category/Sector	Target Weight
VGIT Vanguard Intermediate-Term Treasury ETF	Government Bonds	16%
VEA Vanguard FTSE Developed Markets ETF	Foreign Large Cap Equities	12%
EFV iShares MSCI EAFE Value ETF	Foreign Large Cap Equities, Large Cap Value Equities	12%
VGSH Vanguard Short-Term Treasury ETF	Government Bonds, Short-Term Bond	10%
TIP iShares TIPS Bond ETF	Inflation-Protected Bonds	8%
SPAXX Fidelity Government Money Market Fund	Money Market	7%
VB Vanguard Small-Cap ETF	Small Cap Blend Equities	6%
VBR Vanguard Small-Cap Value ETF	Small Cap Value Equities	6%
VTV Vanguard Value ETF	Large Cap Value Equities	6%
FDGRX Fidelity Growth Company Fund	Large Cap Growth Equities	6%
VNQ Vanguard Real Estate ETF	REIT	6%
EEM iShares MSCI Emerging Markets ETF	Emerging Markets Diversified	5%
VOO Vanguard S&P 500 ETF	S&P 500	0%

Benchmark Against

Benchmark

S&P 500 Index

Rebalance

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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in FundAdvice Ultimate Buy & Hold Portfolio 60/40, 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 3 months.

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Returns By Period

Position	1D	1M	YTD	6M	1Y	3Y*	5Y*	10Y*
Benchmark S&P 500 Index	-1.21%	0.23%	8.39%	10.39%	24.03%	18.94%	12.24%	13.61%
Portfolio FundAdvice Ultimate Buy & Hold Portfolio 60/40	-0.69%	1.98%	8.93%	9.64%	19.53%	12.73%	6.79%	—
Portfolio components:
EEM iShares MSCI Emerging Markets ETF	-0.12%	6.07%	25.97%	31.02%	49.97%	21.67%	7.29%	9.97%
EFV iShares MSCI EAFE Value ETF	-0.81%	0.81%	10.38%	12.23%	30.17%	21.13%	13.24%	10.27%
FDGRX Fidelity Growth Company Fund	-1.17%	3.47%	22.31%	20.57%	46.04%	29.83%	16.15%	23.23%
SPAXX Fidelity Government Money Market Fund	0.00%	0.28%	1.37%	1.67%	3.66%	2.42%	1.45%	—
TIP iShares TIPS Bond ETF	-0.67%	-0.17%	0.86%	0.82%	3.81%	3.60%	0.88%	2.47%
VB Vanguard Small-Cap ETF	-1.18%	4.14%	14.04%	14.23%	29.10%	15.83%	7.65%	11.48%
VBR Vanguard Small-Cap Value ETF	-1.49%	3.74%	12.51%	11.81%	27.44%	15.45%	9.24%	10.76%
VEA Vanguard FTSE Developed Markets ETF	-0.44%	3.57%	15.45%	18.26%	33.26%	18.92%	10.34%	10.61%
VGIT Vanguard Intermediate-Term Treasury ETF	-0.51%	0.43%	-0.52%	-0.49%	3.05%	3.53%	0.05%	1.16%
VGSH Vanguard Short-Term Treasury ETF	-0.29%	0.06%	0.38%	0.52%	3.13%	4.18%	1.83%	1.71%

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

Monthly Returns

Based on dividend-adjusted daily data since May 25, 2021, FundAdvice Ultimate Buy & Hold Portfolio 60/40's average daily return is +0.03%, while the average monthly return is +0.57%. At this rate, an investment would double in approximately 10.2 years.

Historically, 68% of months were positive and 32% were negative. The best month was Nov 2022 with a return of +6.1%, while the worst month was Sep 2022 at -7.0%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 3 months.

On a daily basis, FundAdvice Ultimate Buy & Hold Portfolio 60/40 closed higher 54% of trading days. The best single day was Apr 9, 2025 with a return of +4.3%, while the worst single day was Apr 4, 2025 at -3.3%.

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Total
2026	3.03%	3.06%	-4.35%	4.91%	2.14%	0.09%							8.93%
2025	2.34%	0.94%	-0.88%	0.54%	2.64%	2.55%	0.32%	2.93%	1.61%	0.79%	0.96%	0.67%	16.47%
2024	-0.76%	1.75%	2.47%	-2.85%	3.12%	0.12%	3.13%	1.68%	1.59%	-2.24%	2.24%	-2.88%	7.31%
2023	5.72%	-2.56%	1.04%	0.89%	-1.89%	3.33%	2.42%	-2.14%	-2.78%	-2.34%	5.90%	4.68%	12.31%
2022	-2.68%	-1.25%	0.09%	-4.63%	0.51%	-5.47%	4.31%	-3.14%	-7.04%	4.08%	6.10%	-2.39%	-11.74%
2021					0.53%	0.27%	0.29%	1.02%	-2.32%	2.46%	-1.98%	2.45%	2.63%

Benchmark Metrics

FundAdvice Ultimate Buy & Hold Portfolio 60/40 has an annualized alpha of 0.41%, beta of 0.51, and R2 of 0.79 versus S&P 500 Index. Calculated based on daily prices since May 25, 2021.

This portfolio participated in 61.85% of S&P 500 Index downside but only 51.09% of its upside - more exposed to losses than it benefited from rallies.
Beta of 0.51 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: 0.41%

Beta: 0.51

R²: 0.79

Upside Capture: 51.09%

Downside Capture: 61.85%

See how alpha, beta & R² have trended over time →

Expense Ratio

FundAdvice Ultimate Buy & Hold Portfolio 60/40 has an expense ratio of 0.18%, 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.

Top 10 holdings

EEM

iShares MSCI Emerging Markets ETF

FDGRX

Fidelity Growth Company Fund

SPAXX

Fidelity Government Money Market Fund

EFV

iShares MSCI EAFE Value ETF

TIP

iShares TIPS Bond ETF

VNQ

Vanguard Real Estate ETF

Vanguard Small-Cap ETF

VBR

Vanguard Small-Cap Value ETF

VTV

Vanguard Value ETF

VEA

Vanguard FTSE Developed Markets ETF

Return for Risk

Risk / Return Rank

FundAdvice Ultimate Buy & Hold Portfolio 60/40 ranks 62 for risk / return — better than 62% 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.

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 FundAdvice Ultimate Buy & Hold Portfolio 60/40 and compares them with S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	Portfolio	Benchmark	Difference
Sharpe ratioReturn per unit of total volatility	2.30	1.94	+0.36
Sortino ratioReturn per unit of downside risk	3.26	2.64	+0.62
Omega ratioGain probability vs. loss probability	1.44	1.35	+0.08
Calmar ratioReturn relative to maximum drawdown	3.20	2.65	+0.54
Martin ratioReturn relative to average drawdown	13.15	11.88	+1.27

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
EEM iShares MSCI Emerging Markets ETF	77	2.30	2.97	1.43	3.71	13.67
EFV iShares MSCI EAFE Value ETF	65	2.09	2.89	1.38	2.78	10.27
FDGRX Fidelity Growth Company Fund	68	2.34	2.90	1.40	3.60	13.24
SPAXX Fidelity Government Money Market Fund	—	3.65	—	—	—	—
TIP iShares TIPS Bond ETF	34	1.12	1.69	1.20	1.93	5.75
VB Vanguard Small-Cap ETF	60	1.76	2.51	1.31	3.26	11.95
VBR Vanguard Small-Cap Value ETF	60	1.80	2.64	1.31	3.11	11.01
VEA Vanguard FTSE Developed Markets ETF	65	2.03	2.77	1.37	2.87	11.08
VGIT Vanguard Intermediate-Term Treasury ETF	24	0.91	1.38	1.16	1.08	2.97
VGSH Vanguard Short-Term Treasury ETF	82	2.41	3.82	1.51	3.55	13.78

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. Learn how to interpret the Sharpe ratio.

The current FundAdvice Ultimate Buy & Hold Portfolio 60/40 Sharpe ratio is 2.30 as of Jun 17, 2026 (the value is recalculated daily), calculated over the past 12 months.

Compared to the broad market, where average Sharpe ratios range from 1.65 to 2.50, 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 FundAdvice Ultimate Buy & Hold Portfolio 60/40 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

FundAdvice Ultimate Buy & Hold Portfolio 60/40 provided a 3.03% dividend yield over the last twelve months.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Portfolio	3.03%	3.11%	3.50%	2.88%	2.96%	2.75%	2.32%	2.58%	2.86%	2.26%	2.33%	2.11%
Portfolio components:
EEM iShares MSCI Emerging Markets ETF	1.62%	2.22%	2.43%	2.63%	2.50%	1.99%	1.45%	2.76%	2.24%	1.89%	1.89%	2.49%
EFV iShares MSCI EAFE Value ETF	4.76%	4.16%	4.66%	4.36%	4.17%	4.07%	2.42%	4.62%	4.56%	3.56%	3.28%	3.59%
FDGRX Fidelity Growth Company Fund	0.00%	0.00%	8.86%	3.83%	7.20%	10.67%	8.86%	3.84%	6.38%	4.73%	6.16%	3.92%
SPAXX Fidelity Government Money Market Fund	3.59%	3.88%	1.53%	0.41%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TIP iShares TIPS Bond ETF	3.78%	3.46%	2.52%	2.73%	6.96%	4.28%	1.17%	1.75%	2.71%	2.07%	1.48%	0.34%
VB Vanguard Small-Cap ETF	1.19%	1.33%	1.30%	1.55%	1.59%	1.24%	1.14%	1.39%	1.67%	1.35%	1.50%	1.48%
VBR Vanguard Small-Cap Value ETF	1.75%	1.95%	1.98%	2.12%	2.03%	1.75%	1.68%	2.06%	2.35%	1.79%	1.77%	1.99%
VEA Vanguard FTSE Developed Markets ETF	2.61%	3.22%	3.35%	3.15%	2.91%	3.16%	2.04%	3.04%	3.35%	2.77%	3.05%	2.92%
VGIT Vanguard Intermediate-Term Treasury ETF	3.87%	3.79%	3.67%	2.73%	1.74%	1.69%	2.23%	2.24%	2.05%	1.67%	1.69%	1.69%
VGSH Vanguard Short-Term Treasury ETF	3.88%	4.00%	4.18%	3.31%	1.15%	0.66%	1.74%	2.28%	1.79%	1.10%	0.84%	0.69%

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 FundAdvice Ultimate Buy & Hold Portfolio 60/40. 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 FundAdvice Ultimate Buy & Hold Portfolio 60/40 was 19.12%, occurring on Oct 14, 2022. Recovery took 348 trading sessions.

The current FundAdvice Ultimate Buy & Hold Portfolio 60/40 drawdown is 0.06%.

Related event	Drawdown	Fall	Recovery	Underwater
Bear market2022	-19.12%Oct 2022	11mo 9d	1y 4mo	2y 3moNov 2021 - Mar 2024
2025 selloff2025	-8.12%Apr 2025	1mo 18d	1mo 4d	2mo 22dFeb 2025 - May 2025
2026 pullback2026	-6.14%Mar 2026	28d	21d	1mo 19dFeb 2026 - Apr 2026
2025 pullback2025	-3.95%Jan 2025	1mo 2d	1mo 4d	2mo 6dDec 2024 - Feb 2025
2024 pullback2024	-3.66%Apr 2024	17d	26d	1mo 13dApr 2024 - May 2024

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 13 assets, with an effective number of assets of 10.40, reflecting the diversification based on asset allocation. Your capital is well-distributed across most of your holdings, with only mild concentration in a few names. True diversification also depends on the correlations between assets — check the diversification ratio below.

Diversification Ratio

	1Y	3Y	5Y	All Time
Diversification Ratio	1.23	1.26	1.26	1.26

The portfolio has a diversification ratio of 1.26, in line with the typical range across portfolios. There's room to improve by adding less correlated assets.

FundAdvice Ultimate Buy & Hold Portfolio 60/40 correlation to the S&P 500 Index

FundAdvice Ultimate Buy & Hold Portfolio 60/40 has a 0.83 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	0.83
Correlation (3Y) Calculated over the trailing 3-year period	0.82
Correlation (5Y) Calculated over the trailing 5-year period	0.86
Correlation (All Time) Calculated using the full available price history since May 25, 2021	0.86

Benchmark Correlations

Correlation vs. S&P 500 Index. VOO has the highest benchmark correlation at 1.00, while SPAXX has the lowest at 0.02.

0.02

0.06

0.08

0.19

0.60

0.65

0.66

0.78

0.79

0.80

0.84

FDGRX

0.91

VOO

1.00

Portfolio Correlations

Correlation vs. FundAdvice Ultimate Buy & Hold Portfolio 60/40. VEA has the highest portfolio correlation at 0.94, while SPAXX has the lowest at 0.01.

0.01

0.24

0.27

0.35

0.73

0.75

0.77

0.84

0.86

0.88

0.88

0.90

VEA

0.94

Asset Correlations Table

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

	SPAXX	VGSH	VGIT	TIP	EEM	VNQ	FDGRX	EFV	VTV	VBR	VOO	VB	VEA
SPAXX	1.00	0.08	0.06	0.03	-0.04	0.05	-0.00	-0.02	0.05	0.00	0.02	-0.00	-0.01
VGSH	0.08	1.00	0.89	0.67	0.08	0.22	0.04	0.14	0.06	0.07	0.07	0.08	0.17
VGIT	0.06	0.89	1.00	0.79	0.09	0.27	0.06	0.15	0.08	0.08	0.09	0.09	0.18
TIP	0.03	0.67	0.79	1.00	0.15	0.32	0.15	0.22	0.18	0.18	0.19	0.19	0.25
EEM	-0.04	0.08	0.09	0.15	1.00	0.41	0.65	0.71	0.54	0.58	0.65	0.63	0.79
VNQ	0.05	0.22	0.27	0.32	0.41	1.00	0.43	0.56	0.72	0.71	0.60	0.69	0.59
FDGRX	-0.00	0.04	0.06	0.15	0.65	0.43	1.00	0.54	0.57	0.64	0.91	0.75	0.69
EFV	-0.02	0.14	0.15	0.22	0.71	0.56	0.54	1.00	0.73	0.72	0.66	0.70	0.94
VTV	0.05	0.06	0.08	0.18	0.54	0.72	0.57	0.73	1.00	0.89	0.80	0.84	0.74
VBR	0.00	0.07	0.08	0.18	0.58	0.71	0.64	0.72	0.89	1.00	0.79	0.97	0.75
VOO	0.02	0.07	0.09	0.19	0.65	0.60	0.91	0.66	0.80	0.79	1.00	0.85	0.78
VB	-0.00	0.08	0.09	0.19	0.63	0.69	0.75	0.70	0.84	0.97	0.85	1.00	0.77
VEA	-0.01	0.17	0.18	0.25	0.79	0.59	0.69	0.94	0.74	0.75	0.78	0.77	1.00

The correlation results are calculated based on daily price changes starting from May 25, 2021

Diversification Analysis

Find what FundAdvice Ultimate Buy & Hold Portfolio 60/40 is missing

See which holdings overlap, where FundAdvice Ultimate Buy & Hold Portfolio 60/40 is concentrated, and which low-correlation assets could fill the gaps.

Analyze Diversification