1/2026 Modified

Asset Allocation

Position	Category/Sector	Target Weight
GLD SPDR Gold Shares	Gold, Precious Metals	23%
VXUS Vanguard Total International Stock ETF	Global Equities	22%
QQQ Invesco QQQ ETF	Nasdaq-100	10.50%
SGOV iShares 0-3 Month Treasury Bond ETF	Ultrashort Bond	10%
BND Vanguard Total Bond Market ETF	Total Bond Market	10%
IWM iShares Russell 2000 ETF	Small Cap Blend Equities	6.50%
VTI Vanguard Total Stock Market ETF	Large Cap Blend Equities	5%
SLV iShares Silver Trust	Silver, Precious Metals	1%
XOM Exxon Mobil Corporation	Energy	1%
CVX Chevron Corporation	Energy	1%
COP ConocoPhillips Company	Energy	1%
AA Alcoa Corporation	Basic Materials	1%
URA Global X Uranium ETF	Commodity Producers Equities	1%
COPX Global X Copper Miners ETF	Materials	1%
SUN Sunoco LP	Energy	0.50%
IMO Imperial Oil Limited	Energy	0.50%
EQNR Equinor ASA	Energy	0.50%
ET Energy Transfer LP	Energy	0.50%
VLO Valero Energy Corporation	Energy	0.50%
ED Consolidated Edison, Inc.	Utilities	0.50%
E Eni S.p.A.	Energy	0.50%
OXY Occidental Petroleum Corporation	Energy	0.50%
EOG EOG Resources, Inc.	Energy	0.50%
OKE ONEOK, Inc.	Energy	0.50%
LNG Cheniere Energy, Inc.	Energy	0.50%
VOO Vanguard S&P 500 ETF	S&P 500	0.50%

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 1/2026 Modified, 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	0.50%	-0.17%	8.56%	8.85%	22.93%	19.37%	11.84%	13.61%
Portfolio 1/2026 Modified	0.38%	-2.17%	10.51%	11.36%	28.11%	20.44%	12.49%	—
Portfolio components:
AA Alcoa Corporation	-0.30%	0.64%	29.83%	49.53%	140.52%	24.73%	14.08%	—
BND Vanguard Total Bond Market ETF	-0.12%	0.42%	0.52%	0.91%	4.40%	4.17%	0.03%	1.58%
COP ConocoPhillips Company	1.40%	-0.36%	26.87%	24.31%	27.63%	7.68%	18.49%	13.66%
COPX Global X Copper Miners ETF	3.38%	-6.46%	19.75%	29.13%	103.76%	33.96%	19.28%	21.86%
CVX Chevron Corporation	0.75%	1.58%	25.18%	27.20%	34.55%	10.25%	16.33%	10.94%
E Eni S.p.A.	-1.04%	-2.55%	44.27%	45.57%	75.29%	32.48%	23.85%	12.46%
ED Consolidated Edison, Inc.	0.84%	1.49%	10.24%	12.27%	7.29%	9.08%	10.68%	7.01%
EOG EOG Resources, Inc.	0.09%	1.27%	32.39%	28.71%	17.36%	10.45%	15.40%	8.50%
EQNR Equinor ASA	-1.55%	-4.52%	56.74%	60.62%	44.70%	16.35%	18.26%	—
ET Energy Transfer LP	1.65%	-5.12%	19.85%	19.34%	11.35%	24.04%	20.15%	13.14%

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

Monthly Returns

Based on dividend-adjusted daily data since May 28, 2020, 1/2026 Modified's average daily return is +0.06%, while the average monthly return is +1.24%. At this rate, an investment would double in approximately 4.7 years.

Historically, 69% of months were positive and 31% were negative. The best month was Nov 2020 with a return of +7.9%, while the worst month was Sep 2022 at -6.8%. The longest winning streak lasted 14 consecutive months, and the longest losing streak was 3 months.

On a daily basis, 1/2026 Modified closed higher 57% of trading days. The best single day was Apr 9, 2025 with a return of +5.6%, while the worst single day was Apr 4, 2025 at -4.1%.

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Total
2026	6.39%	4.48%	-4.67%	4.39%	2.09%	-2.15%							10.51%
2025	3.25%	0.45%	1.24%	0.76%	3.23%	3.41%	0.44%	3.54%	5.03%	2.15%	1.71%	1.69%	30.34%
2024	-0.88%	1.82%	4.57%	-0.98%	3.23%	0.32%	2.57%	1.27%	2.53%	-0.29%	1.70%	-2.98%	13.37%
2023	6.50%	-3.62%	3.62%	0.82%	-1.36%	2.78%	3.31%	-2.02%	-2.88%	-0.47%	5.44%	3.87%	16.49%
2022	-1.97%	1.64%	2.07%	-5.54%	0.36%	-6.03%	3.99%	-2.58%	-6.80%	3.64%	7.26%	-2.12%	-6.93%
2021	-0.42%	1.88%	1.39%	3.15%	3.28%	-0.81%	0.08%	1.04%	-1.69%	3.42%	-1.79%	2.59%	12.60%

Benchmark Metrics

1/2026 Modified has an annualized alpha of 6.11%, beta of 0.58, and R2 of 0.66 versus S&P 500 Index. Calculated based on daily prices since May 28, 2020.

This portfolio participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (66.88%) than losses (52.60%) - typical of diversified or defensive assets.
This portfolio generated an annualized alpha of 6.11% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
Beta of 0.58 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: 6.11%

Beta: 0.58

R²: 0.66

Upside Capture: 66.88%

Downside Capture: 52.60%

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

Expense Ratio

1/2026 Modified has an expense ratio of 0.17%, 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

URA

Global X Uranium ETF

COPX

Global X Copper Miners ETF

SLV

iShares Silver Trust

GLD

SPDR Gold Shares

IWM

iShares Russell 2000 ETF

QQQ

Invesco QQQ ETF

SGOV

iShares 0-3 Month Treasury Bond ETF

VXUS

Vanguard Total International Stock ETF

VTI

Vanguard Total Stock Market ETF

VOO

Vanguard S&P 500 ETF

Return for Risk

Risk / Return Rank

1/2026 Modified ranks 69 for risk / return — better than 69% 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 1/2026 Modified 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	2.19	1.86	+0.33
Sortino ratioReturn per unit of downside risk	2.79	2.53	+0.26
Omega ratioGain probability vs. loss probability	1.42	1.34	+0.08
Calmar ratioReturn relative to maximum drawdown	3.71	2.53	+1.18
Martin ratioReturn relative to average drawdown	13.81	11.37	+2.44

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
AA Alcoa Corporation	92	2.60	3.05	1.36	6.49	20.55
BND Vanguard Total Bond Market ETF	37	1.18	1.77	1.21	1.65	4.81
COP ConocoPhillips Company	70	0.95	1.43	1.17	1.86	4.08
COPX Global X Copper Miners ETF	76	2.39	2.70	1.36	3.75	11.60
CVX Chevron Corporation	80	1.57	2.12	1.27	2.48	6.10
E Eni S.p.A.	96	3.34	3.93	1.53	8.14	26.54
ED Consolidated Edison, Inc.	55	0.44	0.72	1.08	0.76	1.59
EOG EOG Resources, Inc.	61	0.67	1.07	1.13	0.94	1.82
EQNR Equinor ASA	76	1.25	1.75	1.23	2.54	4.31
ET Energy Transfer LP	63	0.71	1.16	1.13	1.22	2.70

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.

The current 1/2026 Modified Sharpe ratio is 2.19 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 1.53 to 2.41, 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 1/2026 Modified 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

1/2026 Modified provided a 1.88% dividend yield over the last twelve months.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Portfolio	1.88%	2.12%	2.26%	2.22%	1.75%	1.51%	1.49%	1.62%	1.68%	1.44%	1.57%	1.59%
Portfolio components:
AA Alcoa Corporation	0.58%	0.75%	1.06%	1.18%	0.88%	0.17%	0.00%	0.00%	0.00%	0.00%	0.32%	0.00%
BND Vanguard Total Bond Market ETF	3.96%	3.86%	3.67%	3.09%	2.60%	2.12%	2.38%	2.72%	2.81%	2.54%	2.51%	2.57%
COP ConocoPhillips Company	2.82%	3.40%	3.35%	3.37%	4.23%	2.70%	4.23%	2.05%	1.86%	1.93%	1.99%	6.30%
COPX Global X Copper Miners ETF	2.24%	2.68%	1.80%	2.39%	3.14%	1.48%	1.30%	1.37%	2.59%	1.57%	0.60%	1.20%
CVX Chevron Corporation	3.73%	4.49%	4.50%	4.05%	3.16%	4.52%	6.11%	3.95%	4.12%	3.45%	3.64%	4.76%
E Eni S.p.A.	4.50%	5.88%	7.69%	5.74%	6.38%	5.79%	5.91%	6.11%	5.15%	3.96%	3.98%	5.14%
ED Consolidated Edison, Inc.	3.23%	3.42%	3.72%	3.56%	3.32%	3.63%	4.23%	3.27%	3.74%	3.25%	3.64%	4.05%
EOG EOG Resources, Inc.	2.95%	3.76%	2.97%	4.80%	6.79%	5.19%	2.83%	1.21%	0.87%	0.62%	0.66%	0.95%
EQNR Equinor ASA	4.15%	7.66%	12.66%	11.38%	3.30%	2.13%	4.32%	5.07%	3.26%	0.00%	0.00%	0.00%
ET Energy Transfer LP	7.00%	7.97%	6.51%	8.95%	7.33%	7.41%	17.27%	9.51%	9.24%	6.66%	5.90%	7.42%

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 1/2026 Modified. 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 1/2026 Modified was 17.09%, occurring on Sep 26, 2022. Recovery took 198 trading sessions.

The current 1/2026 Modified drawdown is 2.75%.

Related event	Drawdown	Fall	Recovery	Underwater
Bear market2022	-17.09%Sep 2022	5mo 24d	9mo 19d	1y 3moApr 2022 - Jul 2023
2025 selloff2025	-9.28%Apr 2025	1mo 16d	20d	2mo 6dFeb 2025 - Apr 2025
2026 pullback2026	-7.61%Mar 2026	23d	1mo 11d	2mo 4dMar 2026 - May 2026
2023 pullback2023	-6.59%Oct 2023	2mo 4d	1mo 28d	4mo 2dAug 2023 - Dec 2023
2020 pullback2020	-6.27%Sep 2020	20d	1mo 19d	2mo 9dSep 2020 - Nov 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 26 assets, with an effective number of assets of 7.14, 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	1.46	1.47	1.46	1.47

The portfolio has a diversification ratio of 1.47, in line with the typical range across portfolios. There's room to improve by adding less correlated assets.

1/2026 Modified correlation to the S&P 500 Index

1/2026 Modified has a 0.70 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	0.70
Correlation (3Y) Calculated over the trailing 3-year period	0.71
Correlation (5Y) Calculated over the trailing 5-year period	0.76
Correlation (All Time) Calculated using the full available price history since May 28, 2020	0.77

Benchmark Correlations

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

SGOV

-0.02

0.12

0.14

0.17

0.20

0.25

0.25

0.26

0.26

0.27

0.28

0.28

0.28

0.29

0.30

0.33

0.37

OKE

0.42

0.46

0.51

0.52

0.78

0.81

0.92

0.99

1.00

Portfolio Correlations

Correlation vs. 1/2026 Modified. VXUS has the highest portfolio correlation at 0.88, while SGOV has the lowest at -0.02.

SGOV

-0.02

0.13

0.26

0.34

0.36

0.37

0.41

0.42

0.42

0.42

0.44

0.44

0.45

IMO

0.49

OKE

0.50

0.53

GLD

0.59

0.61

0.62

0.65

0.69

0.76

0.77

0.78

0.80

0.88

Asset Correlations Table

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

	SGOV	ED	BND	GLD	SLV	SUN	QQQ	LNG	URA	VLO	EQNR	AA	ET	COPX	VOO	E	OXY	EOG	VTI	XOM	IMO	COP	CVX	IWM	OKE	VXUS
SGOV	1.00	-0.01	0.02	0.01	-0.00	-0.05	-0.01	-0.05	-0.04	0.00	-0.02	-0.06	0.01	-0.03	-0.02	-0.03	-0.01	-0.01	-0.02	-0.02	-0.05	-0.02	-0.02	-0.04	0.01	-0.02
ED	-0.01	1.00	0.20	0.11	0.05	0.15	-0.03	0.11	-0.01	0.07	0.08	0.03	0.10	0.02	0.12	0.13	0.05	0.08	0.11	0.13	0.09	0.09	0.14	0.10	0.23	0.10
BND	0.02	0.20	1.00	0.32	0.20	0.03	0.18	-0.02	0.04	-0.13	-0.09	0.02	-0.06	0.10	0.17	-0.03	-0.11	-0.11	0.17	-0.12	-0.09	-0.13	-0.11	0.15	-0.02	0.20
GLD	0.01	0.11	0.32	1.00	0.77	0.10	0.13	0.06	0.32	0.04	0.16	0.24	0.10	0.45	0.14	0.20	0.10	0.11	0.15	0.10	0.18	0.08	0.10	0.16	0.10	0.34
SLV	-0.00	0.05	0.20	0.77	1.00	0.16	0.24	0.09	0.39	0.10	0.19	0.34	0.15	0.58	0.25	0.26	0.16	0.16	0.26	0.16	0.22	0.15	0.16	0.25	0.16	0.43
SUN	-0.05	0.15	0.03	0.10	0.16	1.00	0.18	0.39	0.23	0.37	0.33	0.26	0.50	0.26	0.28	0.37	0.38	0.40	0.30	0.42	0.39	0.41	0.42	0.33	0.48	0.31
QQQ	-0.01	-0.03	0.18	0.13	0.24	0.18	1.00	0.15	0.47	0.13	0.09	0.36	0.24	0.45	0.92	0.19	0.14	0.11	0.91	0.09	0.15	0.11	0.12	0.68	0.24	0.69
LNG	-0.05	0.11	-0.02	0.06	0.09	0.39	0.15	1.00	0.27	0.45	0.48	0.30	0.47	0.26	0.25	0.41	0.49	0.52	0.27	0.51	0.47	0.54	0.50	0.31	0.59	0.24
URA	-0.04	-0.01	0.04	0.32	0.39	0.23	0.47	0.27	1.00	0.26	0.30	0.44	0.35	0.58	0.51	0.35	0.30	0.28	0.53	0.28	0.38	0.27	0.28	0.54	0.35	0.58
VLO	0.00	0.07	-0.13	0.04	0.10	0.37	0.13	0.45	0.26	1.00	0.53	0.38	0.46	0.30	0.27	0.51	0.64	0.64	0.29	0.67	0.60	0.67	0.68	0.37	0.55	0.28
EQNR	-0.02	0.08	-0.09	0.16	0.19	0.33	0.09	0.48	0.30	0.53	1.00	0.39	0.45	0.36	0.21	0.68	0.65	0.65	0.22	0.68	0.63	0.67	0.66	0.28	0.54	0.33
AA	-0.06	0.03	0.02	0.24	0.34	0.26	0.36	0.30	0.44	0.38	0.39	1.00	0.39	0.65	0.46	0.44	0.42	0.41	0.49	0.40	0.44	0.40	0.42	0.54	0.42	0.54
ET	0.01	0.10	-0.06	0.10	0.15	0.50	0.24	0.47	0.35	0.46	0.45	0.39	1.00	0.34	0.37	0.47	0.53	0.54	0.39	0.55	0.53	0.55	0.54	0.45	0.66	0.36
COPX	-0.03	0.02	0.10	0.45	0.58	0.26	0.45	0.26	0.58	0.30	0.36	0.65	0.34	1.00	0.52	0.47	0.36	0.34	0.53	0.35	0.42	0.34	0.36	0.53	0.35	0.72
VOO	-0.02	0.12	0.17	0.14	0.25	0.28	0.92	0.25	0.51	0.27	0.21	0.46	0.37	0.52	1.00	0.33	0.28	0.26	0.99	0.26	0.31	0.28	0.30	0.81	0.42	0.78
E	-0.03	0.13	-0.03	0.20	0.26	0.37	0.19	0.41	0.35	0.51	0.68	0.44	0.47	0.47	0.33	1.00	0.64	0.63	0.34	0.67	0.66	0.66	0.66	0.39	0.57	0.50
OXY	-0.01	0.05	-0.11	0.10	0.16	0.38	0.14	0.49	0.30	0.64	0.65	0.42	0.53	0.36	0.28	0.64	1.00	0.80	0.30	0.77	0.69	0.81	0.76	0.39	0.65	0.31
EOG	-0.01	0.08	-0.11	0.11	0.16	0.40	0.11	0.52	0.28	0.64	0.65	0.41	0.54	0.34	0.26	0.63	0.80	1.00	0.28	0.79	0.71	0.85	0.79	0.36	0.67	0.30
VTI	-0.02	0.11	0.17	0.15	0.26	0.30	0.91	0.27	0.53	0.29	0.22	0.49	0.39	0.53	0.99	0.34	0.30	0.28	1.00	0.28	0.32	0.29	0.31	0.86	0.44	0.79
XOM	-0.02	0.13	-0.12	0.10	0.16	0.42	0.09	0.51	0.28	0.67	0.68	0.40	0.55	0.35	0.26	0.67	0.77	0.79	0.28	1.00	0.72	0.82	0.87	0.35	0.67	0.30
IMO	-0.05	0.09	-0.09	0.18	0.22	0.39	0.15	0.47	0.38	0.60	0.63	0.44	0.53	0.42	0.31	0.66	0.69	0.71	0.32	0.72	1.00	0.72	0.70	0.40	0.60	0.40
COP	-0.02	0.09	-0.13	0.08	0.15	0.41	0.11	0.54	0.27	0.67	0.67	0.40	0.55	0.34	0.28	0.66	0.81	0.85	0.29	0.82	0.72	1.00	0.83	0.37	0.67	0.30
CVX	-0.02	0.14	-0.11	0.10	0.16	0.42	0.12	0.50	0.28	0.68	0.66	0.42	0.54	0.36	0.30	0.66	0.76	0.79	0.31	0.87	0.70	0.83	1.00	0.38	0.67	0.33
IWM	-0.04	0.10	0.15	0.16	0.25	0.33	0.68	0.31	0.54	0.37	0.28	0.54	0.45	0.53	0.81	0.39	0.39	0.36	0.86	0.35	0.40	0.37	0.38	1.00	0.51	0.74
OKE	0.01	0.23	-0.02	0.10	0.16	0.48	0.24	0.59	0.35	0.55	0.54	0.42	0.66	0.35	0.42	0.57	0.65	0.67	0.44	0.67	0.60	0.67	0.67	0.51	1.00	0.39
VXUS	-0.02	0.10	0.20	0.34	0.43	0.31	0.69	0.24	0.58	0.28	0.33	0.54	0.36	0.72	0.78	0.50	0.31	0.30	0.79	0.30	0.40	0.30	0.33	0.74	0.39	1.00

The correlation results are calculated based on daily price changes starting from May 28, 2020

Diversification Analysis

Find what 1/2026 Modified is missing

See which holdings overlap, where 1/2026 Modified is concentrated, and which low-correlation assets could fill the gaps.

Analyze Diversification