GMP
Global Market Portfolio
Asset Allocation
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in GMP, 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.
The earliest data available for this chart is Jun 4, 2013, corresponding to the inception date of BNDX
Returns By Period
As of May 9, 2025, the GMP returned 2.76% Year-To-Date and 5.25% of annualized return in the last 10 years.
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | -3.70% | 13.67% | -5.18% | 9.18% | 14.14% | 10.43% |
| GMP | 2.76% | 6.73% | 1.21% | 7.73% | 6.90% | 5.25% |
| Portfolio components: | ||||||
VTI Vanguard Total Stock Market ETF | -3.64% | 14.17% | -5.14% | 10.03% | 15.30% | 11.75% |
VXUS Vanguard Total International Stock ETF | 9.97% | 16.33% | 4.45% | 10.10% | 10.68% | 5.12% |
BND Vanguard Total Bond Market ETF | 2.13% | 0.32% | 1.30% | 5.43% | -0.86% | 1.49% |
BNDX Vanguard Total International Bond ETF | 1.06% | 0.62% | 1.88% | 5.12% | 0.05% | 2.02% |
TIP iShares TIPS Bond ETF | 3.44% | 0.47% | 2.13% | 6.02% | 1.40% | 2.39% |
DBC Invesco DB Commodity Index Tracking Fund | -1.96% | 3.97% | -3.37% | -4.95% | 15.73% | 2.84% |
GLD SPDR Gold Trust | 25.81% | 10.69% | 22.02% | 42.63% | 13.73% | 10.40% |
Monthly Returns
The table below presents the monthly returns of GMP, 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 | 1.93% | 0.78% | -0.90% | 0.55% | 0.40% | 2.76% | |||||||
| 2024 | -0.27% | 1.14% | 2.41% | -2.04% | 2.25% | 0.79% | 1.97% | 1.31% | 1.80% | -1.58% | 1.75% | -1.71% | 7.94% |
| 2023 | 4.78% | -2.83% | 2.66% | 0.76% | -1.36% | 2.38% | 2.18% | -1.49% | -2.70% | -1.50% | 5.38% | 3.61% | 12.03% |
| 2022 | -2.13% | -0.94% | 0.20% | -4.50% | 0.47% | -4.69% | 3.85% | -3.48% | -6.28% | 2.57% | 5.58% | -2.68% | -12.05% |
| 2021 | -0.22% | 0.88% | 0.80% | 2.40% | 1.31% | 0.75% | 0.97% | 0.60% | -1.88% | 2.30% | -1.53% | 1.79% | 8.39% |
| 2020 | -0.24% | -2.85% | -8.07% | 5.34% | 3.08% | 2.08% | 3.30% | 2.36% | -1.37% | -1.14% | 5.89% | 2.98% | 11.02% |
| 2019 | 4.43% | 1.32% | 1.24% | 1.48% | -2.12% | 3.79% | 0.16% | 0.23% | 0.63% | 1.28% | 0.75% | 1.94% | 16.05% |
| 2018 | 2.13% | -2.34% | 0.17% | 0.19% | 0.44% | -0.37% | 0.98% | 0.33% | 0.11% | -3.79% | 0.34% | -2.14% | -4.01% |
| 2017 | 1.14% | 1.48% | 0.42% | 0.81% | 1.07% | 0.06% | 1.58% | 0.74% | 0.71% | 1.28% | 0.87% | 1.14% | 11.88% |
| 2016 | -1.79% | 0.40% | 3.66% | 1.43% | 0.20% | 1.44% | 1.69% | 0.04% | 0.73% | -1.49% | -0.55% | 1.25% | 7.11% |
| 2015 | 0.41% | 2.07% | -0.80% | 1.29% | -0.41% | -1.45% | -0.34% | -2.97% | -1.18% | 3.19% | -0.84% | -1.38% | -2.54% |
| 2014 | -1.14% | 2.86% | 0.14% | 0.72% | 1.09% | 1.44% | -1.12% | 1.62% | -2.33% | 0.50% | 0.24% | -1.10% | 2.83% |
Expense Ratio
GMP has an expense ratio of 0.12%, 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.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 78, GMP is among the top 22% 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 | |
|---|---|---|---|---|---|
VTI Vanguard Total Stock Market ETF | 0.51 | 0.84 | 1.12 | 0.52 | 1.99 |
VXUS Vanguard Total International Stock ETF | 0.60 | 0.94 | 1.13 | 0.73 | 2.30 |
BND Vanguard Total Bond Market ETF | 1.03 | 1.48 | 1.18 | 0.43 | 2.60 |
BNDX Vanguard Total International Bond ETF | 1.38 | 2.03 | 1.25 | 0.59 | 6.32 |
TIP iShares TIPS Bond ETF | 1.29 | 1.74 | 1.22 | 0.58 | 3.75 |
DBC Invesco DB Commodity Index Tracking Fund | -0.31 | -0.38 | 0.96 | -0.20 | -0.92 |
GLD SPDR Gold Trust | 2.45 | 3.20 | 1.41 | 5.12 | 13.67 |
Dividends
Dividend yield
GMP provided a 3.24% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 3.24% | 3.24% | 3.18% | 2.09% | 2.38% | 1.50% | 2.61% | 2.60% | 2.07% | 2.04% | 1.95% | 2.07% |
| Portfolio components: | ||||||||||||
VTI Vanguard Total Stock Market ETF | 1.35% | 1.27% | 1.44% | 1.67% | 1.21% | 1.42% | 1.78% | 2.04% | 1.71% | 1.92% | 1.98% | 1.76% |
VXUS Vanguard Total International Stock ETF | 3.02% | 3.37% | 3.24% | 3.09% | 3.10% | 2.14% | 3.06% | 3.18% | 2.73% | 2.93% | 2.83% | 3.40% |
BND Vanguard Total Bond Market ETF | 3.76% | 3.67% | 3.09% | 2.60% | 1.97% | 2.22% | 2.72% | 2.81% | 2.54% | 2.51% | 2.57% | 2.79% |
BNDX Vanguard Total International Bond ETF | 4.29% | 4.18% | 4.42% | 1.52% | 3.74% | 1.11% | 3.40% | 3.01% | 2.23% | 1.89% | 1.63% | 1.54% |
TIP iShares TIPS Bond ETF | 2.91% | 2.52% | 2.73% | 6.96% | 4.28% | 1.17% | 1.75% | 2.71% | 2.07% | 1.48% | 0.34% | 1.67% |
DBC Invesco DB Commodity Index Tracking Fund | 5.32% | 5.22% | 4.94% | 0.59% | 0.00% | 0.00% | 1.59% | 1.30% | 0.00% | 0.00% | 0.00% | 0.00% |
GLD SPDR Gold Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 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 GMP. 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 GMP was 17.81%, occurring on Oct 14, 2022. Recovery took 358 trading sessions.
The current GMP drawdown is 0.72%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -17.81% | Nov 10, 2021 | 234 | Oct 14, 2022 | 358 | Mar 20, 2024 | 592 |
| -17.49% | Feb 20, 2020 | 20 | Mar 18, 2020 | 86 | Jul 21, 2020 | 106 |
| -10.54% | Apr 29, 2015 | 184 | Jan 20, 2016 | 122 | Jul 14, 2016 | 306 |
| -8.76% | Jan 29, 2018 | 229 | Dec 24, 2018 | 59 | Mar 21, 2019 | 288 |
| -6.98% | Feb 19, 2025 | 35 | Apr 8, 2025 | — | — | — |
Volatility
Volatility Chart
The current GMP volatility is 4.20%, 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
Diversification Metrics
Number of Effective Assets
The portfolio contains 7 assets, with an effective number of assets of 4.92, reflecting the diversification based on asset allocation. This number of effective assets suggests a highly concentrated portfolio, where a few assets dominate the allocation, potentially increasing the portfolio's risk due to lack of diversification.
Asset Correlations Table
| ^GSPC | GLD | BNDX | DBC | TIP | BND | VTI | VXUS | Portfolio | |
|---|---|---|---|---|---|---|---|---|---|
| ^GSPC | 1.00 | -0.00 | -0.01 | 0.30 | -0.01 | -0.03 | 0.99 | 0.80 | 0.85 |
| GLD | -0.00 | 1.00 | 0.26 | 0.25 | 0.40 | 0.37 | 0.01 | 0.16 | 0.26 |
| BNDX | -0.01 | 0.26 | 1.00 | -0.08 | 0.58 | 0.72 | -0.01 | 0.01 | 0.23 |
| DBC | 0.30 | 0.25 | -0.08 | 1.00 | 0.09 | -0.07 | 0.30 | 0.38 | 0.48 |
| TIP | -0.01 | 0.40 | 0.58 | 0.09 | 1.00 | 0.80 | -0.01 | 0.05 | 0.24 |
| BND | -0.03 | 0.37 | 0.72 | -0.07 | 0.80 | 1.00 | -0.03 | 0.02 | 0.23 |
| VTI | 0.99 | 0.01 | -0.01 | 0.30 | -0.01 | -0.03 | 1.00 | 0.81 | 0.86 |
| VXUS | 0.80 | 0.16 | 0.01 | 0.38 | 0.05 | 0.02 | 0.81 | 1.00 | 0.91 |
| Portfolio | 0.85 | 0.26 | 0.23 | 0.48 | 0.24 | 0.23 | 0.86 | 0.91 | 1.00 |