Min Drawdown
Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
BIL SPDR Barclays 1-3 Month T-Bill ETF | Government Bonds | 25% |
CELFX Cliffwater Enhanced Lending Fund | Nontraditional Bonds | 25% |
VMFXX Vanguard Federal Money Market Fund | Money Market | 25% |
VPC Virtus Private Credit Strategy ETF | Small Cap Blend Equities | 25% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Min Drawdown, 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 never rebalanced.
The earliest data available for this chart is Jun 30, 2021, corresponding to the inception date of CELFX
Returns By Period
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | -1.76% | -4.34% | 4.51% | 12.61% | 13.89% | 10.84% |
| Min Drawdown | 1.07% | -0.08% | 3.39% | 8.36% | N/A | N/A |
| Portfolio components: | ||||||
BIL SPDR Barclays 1-3 Month T-Bill ETF | 0.70% | 0.34% | 2.27% | 4.97% | 2.42% | 1.69% |
VMFXX Vanguard Federal Money Market Fund | 0.00% | 0.00% | 1.60% | 4.34% | 2.40% | 1.65% |
VPC Virtus Private Credit Strategy ETF | 1.98% | -1.47% | 4.70% | 10.44% | 9.07% | N/A |
CELFX Cliffwater Enhanced Lending Fund | 1.38% | 0.73% | 4.48% | 12.38% | N/A | N/A |
Monthly Returns
The table below presents the monthly returns of Min Drawdown, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 1.15% | 0.45% | 1.07% | ||||||||||
| 2024 | 0.87% | 0.51% | 1.12% | 0.69% | 1.35% | 0.66% | 0.90% | 0.05% | 0.71% | 0.17% | 1.15% | 0.28% | 8.79% |
| 2023 | 2.17% | 0.57% | -0.53% | 0.45% | 0.24% | 1.79% | 1.94% | 0.42% | 0.62% | -0.69% | 1.92% | 1.76% | 11.15% |
| 2022 | 0.31% | -0.21% | 1.00% | -0.81% | -0.41% | -1.11% | 1.66% | 0.23% | -2.69% | 1.61% | 1.73% | -0.47% | 0.74% |
| 2021 | 0.11% | 0.83% | 0.43% | 1.19% | 0.26% | 0.38% | 3.25% |
Expense Ratio
Min Drawdown has a high expense ratio of 1.84%, indicating higher-than-average management fees. 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
With an overall rank of 98, Min Drawdown is among the top 2% of portfolios on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
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 | |
|---|---|---|---|---|---|
BIL SPDR Barclays 1-3 Month T-Bill ETF | 20.73 | 258.61 | 150.31 | 456.87 | 4,206.67 |
VMFXX Vanguard Federal Money Market Fund | 3.28 | — | — | — | — |
VPC Virtus Private Credit Strategy ETF | 1.21 | 1.64 | 1.22 | 1.71 | 6.22 |
CELFX Cliffwater Enhanced Lending Fund | 3.04 | 4.57 | 4.93 | 4.83 | 15.47 |
Dividends
Dividend yield
Min Drawdown provided a 7.91% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 7.91% | 8.17% | 8.07% | 5.76% | 2.36% | 2.70% | 3.09% | 0.82% | 0.30% | 0.02% |
| Portfolio components: | ||||||||||
BIL SPDR Barclays 1-3 Month T-Bill ETF | 4.87% | 5.03% | 4.92% | 1.35% | 0.00% | 0.30% | 2.05% | 1.66% | 0.68% | 0.07% |
VMFXX Vanguard Federal Money Market Fund | 4.61% | 5.11% | 4.97% | 1.54% | 0.01% | 0.45% | 2.12% | 1.61% | 0.50% | 0.00% |
VPC Virtus Private Credit Strategy ETF | 11.04% | 11.26% | 11.71% | 10.74% | 6.31% | 10.05% | 8.18% | 0.00% | 0.00% | 0.00% |
CELFX Cliffwater Enhanced Lending Fund | 11.11% | 11.26% | 10.67% | 9.42% | 3.10% | 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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Min Drawdown. 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 Min Drawdown was 3.68%, occurring on Sep 29, 2022. Recovery took 69 trading sessions.
The current Min Drawdown drawdown is 0.74%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -3.68% | Apr 21, 2022 | 112 | Sep 29, 2022 | 69 | Jan 9, 2023 | 181 |
| -2.09% | Mar 7, 2023 | 9 | Mar 17, 2023 | 53 | Jun 1, 2023 | 62 |
| -1.53% | Jan 13, 2022 | 7 | Jan 24, 2022 | 47 | Mar 31, 2022 | 54 |
| -1.5% | Aug 1, 2024 | 3 | Aug 5, 2024 | 19 | Aug 30, 2024 | 22 |
| -1.18% | Oct 2, 2023 | 20 | Oct 27, 2023 | 4 | Nov 2, 2023 | 24 |
Volatility
Volatility Chart
The current Min Drawdown volatility is 0.61%, 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
| BIL | VPC | VMFXX | CELFX | |
|---|---|---|---|---|
| BIL | 1.00 | -0.02 | -0.00 | -0.06 |
| VPC | -0.02 | 1.00 | 0.03 | 0.04 |
| VMFXX | -0.00 | 0.03 | 1.00 | 0.11 |
| CELFX | -0.06 | 0.04 | 0.11 | 1.00 |