123

The chart shows the growth of an initial investment of $10,000 in 123, 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.

As of Jun 13, 2026, the 123 returned 5.84% Year-To-Date and 23.23% of annualized return in the last 10 years.

Based on dividend-adjusted daily data since Aug 19, 2004, 123's average daily return is +0.09%, while the average monthly return is +1.83%. At this rate, an investment would double in approximately 3.2 years.

Historically, 66% of months were positive and 34% were negative. The best month was Oct 2004 with a return of +18.9%, while the worst month was Jan 2008 at -15.9%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 6 months.

On a daily basis, 123 closed higher 56% of trading days. The best single day was Oct 13, 2008 with a return of +14.9%, while the worst single day was Mar 16, 2020 at -12.2%.

123 has an annualized alpha of 12.31%, beta of 1.03, and R2 of 0.80 versus S&P 500 Index. Calculated based on daily prices since August 19, 2004.

• This portfolio captured 152.52% of S&P 500 Index gains but only 93.04% of its losses - a favorable profile for investors.
• This portfolio generated an annualized alpha of 12.31% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
• With beta of 1.03 and R2 of 0.80, this portfolio moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.

123 has an expense ratio of 0.04%, 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.

123 ranks 72 for risk / return — better than 72% 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.

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.

The current 123 Sharpe ratio is 2.55 as of Jun 13, 2026 (the value is recalculated daily), calculated over the past 12 months.

Compared to the broad market, where average Sharpe ratios range from 1.54 to 2.41, this portfolio's current Sharpe ratio is in the top 25%. This signifies superior risk-adjusted performance, meaning the portfolio is delivering strong returns for the level of risk taken compared to most others.

The chart below shows the rolling Sharpe ratio of 123 compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.

123 provided a 0.67% dividend yield over the last twelve months.

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.

The table below displays the maximum drawdowns of the 123. 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 123 was 54.87%, occurring on Mar 9, 2009. Recovery took 283 trading sessions.

The current 123 drawdown is 5.44%.

The chart below shows the rolling one-month volatility.