RevT Tax free bonds
Asset Allocation
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in RevT Tax free bonds, 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 Quarterly
The earliest data available for this chart is Aug 25, 2015, corresponding to the inception date of VTEB
Returns By Period
| Year-To-Date | 1 month | 6 months | 1 year | 5 years (annualized) | 10 years (annualized) | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | 17.79% | 0.18% | 7.53% | 26.42% | 13.48% | 10.85% |
| RevT Tax free bonds | 2.57% | 0.91% | 2.70% | 7.37% | 1.61% | N/A |
| Portfolio components: | ||||||
VCADX Vanguard California Intermediate-Term Tax-Exempt Fund Admiral Shares | 2.44% | 1.03% | 2.68% | 7.41% | 1.55% | 2.45% |
VCLAX Vanguard California Long-Term Tax-Exempt Fund Admiral Shares | 3.06% | 1.24% | 3.32% | 9.52% | 1.70% | 3.05% |
VWSUX Vanguard Short-Term Tax-Exempt Fund Admiral Shares | 2.67% | 0.53% | 2.39% | 5.00% | 1.75% | 1.44% |
VTEB Vanguard Tax-Exempt Bond ETF | 2.09% | 0.83% | 2.40% | 7.41% | 1.34% | N/A |
Monthly Returns
The table below presents the monthly returns of RevT Tax free bonds, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.09% | 0.04% | 0.02% | -0.87% | -0.05% | 1.21% | 0.90% | 0.66% | 2.57% | ||||
| 2023 | 2.34% | -1.86% | 1.89% | -0.19% | -0.55% | 0.72% | 0.23% | -0.79% | -2.02% | -0.84% | 4.89% | 2.18% | 5.94% |
| 2022 | -2.14% | -0.31% | -2.49% | -2.43% | 1.42% | -1.47% | 2.31% | -1.89% | -2.79% | -0.57% | 4.03% | 0.05% | -6.34% |
| 2021 | 0.35% | -1.27% | 0.48% | 0.68% | 0.30% | 0.19% | 0.56% | -0.28% | -0.57% | -0.06% | 0.60% | 0.07% | 1.04% |
| 2020 | 1.43% | 0.93% | -2.80% | -0.93% | 2.79% | 0.54% | 1.31% | -0.38% | 0.06% | -0.21% | 1.16% | 0.44% | 4.34% |
| 2019 | 0.57% | 0.44% | 1.20% | 0.39% | 1.21% | 0.38% | 0.72% | 1.22% | -0.58% | 0.16% | 0.14% | 0.30% | 6.31% |
| 2018 | -0.83% | -0.35% | 0.29% | -0.27% | 1.02% | 0.10% | 0.24% | 0.16% | -0.56% | -0.49% | 0.87% | 1.02% | 1.19% |
| 2017 | 0.41% | 0.53% | 0.22% | 0.59% | 1.27% | -0.17% | 0.64% | 0.68% | -0.33% | 0.17% | -0.43% | 0.79% | 4.44% |
| 2016 | 0.80% | 0.16% | 0.31% | 0.62% | 0.18% | 1.41% | -0.05% | 0.16% | -0.47% | -0.71% | -3.23% | 1.11% | 0.22% |
| 2015 | 0.01% | 0.56% | 0.33% | 0.31% | 0.76% | 1.99% |
Expense Ratio
RevT Tax free bonds has an expense ratio of 0.08%, which is considered low compared to other funds. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of RevT Tax free bonds is 62, suggesting that the investment has average results relative to other portfolios in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
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 | |
|---|---|---|---|---|---|
VCADX Vanguard California Intermediate-Term Tax-Exempt Fund Admiral Shares | 2.36 | 3.80 | 1.55 | 0.85 | 7.73 |
VCLAX Vanguard California Long-Term Tax-Exempt Fund Admiral Shares | 2.13 | 3.31 | 1.48 | 0.73 | 7.05 |
VWSUX Vanguard Short-Term Tax-Exempt Fund Admiral Shares | 4.10 | 10.29 | 2.65 | 8.56 | 33.22 |
VTEB Vanguard Tax-Exempt Bond ETF | 1.73 | 2.64 | 1.33 | 0.70 | 6.25 |
Dividends
Dividend yield
RevT Tax free bonds granted a 3.04% dividend yield in the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RevT Tax free bonds | 3.04% | 2.73% | 2.11% | 1.87% | 2.20% | 2.38% | 2.47% | 2.28% | 2.24% | 1.95% | 1.90% | 2.10% |
| Portfolio components: | ||||||||||||
VCADX Vanguard California Intermediate-Term Tax-Exempt Fund Admiral Shares | 2.74% | 2.57% | 2.36% | 2.13% | 2.26% | 2.52% | 2.71% | 2.66% | 2.78% | 2.87% | 3.08% | 3.40% |
VCLAX Vanguard California Long-Term Tax-Exempt Fund Admiral Shares | 3.25% | 3.07% | 2.74% | 3.03% | 3.29% | 3.01% | 3.40% | 3.33% | 3.56% | 3.58% | 3.71% | 4.07% |
VWSUX Vanguard Short-Term Tax-Exempt Fund Admiral Shares | 3.13% | 2.51% | 1.24% | 0.69% | 1.25% | 1.67% | 1.53% | 1.16% | 0.97% | 0.78% | 0.79% | 0.93% |
VTEB Vanguard Tax-Exempt Bond ETF | 3.02% | 2.79% | 2.09% | 1.64% | 1.99% | 2.30% | 2.25% | 1.96% | 1.66% | 0.58% | 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.
Worst Drawdowns
The table below displays the maximum drawdowns of the RevT Tax free bonds. 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 RevT Tax free bonds was 10.51%, occurring on Oct 25, 2022. Recovery took 442 trading sessions.
The current RevT Tax free bonds drawdown is 0.03%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -10.51% | Aug 4, 2021 | 310 | Oct 25, 2022 | 442 | Jul 31, 2024 | 752 |
| -10.38% | Mar 10, 2020 | 9 | Mar 20, 2020 | 89 | Jul 28, 2020 | 98 |
| -4.79% | Jul 6, 2016 | 105 | Dec 1, 2016 | 166 | Aug 1, 2017 | 271 |
| -1.74% | Dec 7, 2017 | 95 | Apr 25, 2018 | 55 | Jul 13, 2018 | 150 |
| -1.66% | Feb 16, 2021 | 8 | Feb 25, 2021 | 69 | Jun 4, 2021 | 77 |
Volatility
Volatility Chart
The current RevT Tax free bonds volatility is 0.33%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Diversification
Asset Correlations Table
| VWSUX | VTEB | VCLAX | VCADX | |
|---|---|---|---|---|
| VWSUX | 1.00 | 0.43 | 0.63 | 0.65 |
| VTEB | 0.43 | 1.00 | 0.68 | 0.66 |
| VCLAX | 0.63 | 0.68 | 1.00 | 0.91 |
| VCADX | 0.65 | 0.66 | 0.91 | 1.00 |