Asset Allocation
Find the right asset allocation for 2024-08-20
Add portfolio to the optimizer to find optimal allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
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Performance Chart
The chart shows the growth of an initial investment of $10,000 in 2024-08-20, 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 | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | ALL TIME* |
|---|---|---|---|---|---|---|---|---|---|
Benchmark S&P 500 Index | -0.19% | -0.76% | 9.51% | 8.73% | 18.04% | 17.95% | 11.30% | 13.09% | 8.08% |
Portfolio 2024-08-20 | -0.13% | -0.25% | 10.05% | 10.70% | 21.03% | 18.51% | 12.84% | — | 12.85% |
| Portfolio components: | |||||||||
AAPL Apple Inc | -2.14% | 9.59% | 28.05% | 20.35% | 55.26% | 19.94% | 18.17% | 30.70% | 19.46% |
BRK-B Berkshire Hathaway Inc. | 0.07% | 0.37% | -0.41% | -2.27% | 3.68% | 12.42% | 11.91% | 13.01% | 10.58% |
COWZ Pacer US Cash Cows 100 ETF | -0.34% | 4.66% | 5.39% | 8.02% | 18.38% | 11.05% | 10.54% | — | 12.62% |
DBEF Xtrackers MSCI EAFE Hedged Equity ETF | -0.35% | -1.17% | 7.39% | 12.37% | 25.90% | 17.90% | 13.50% | 12.08% | 10.27% |
FAGIX Fidelity Capital & Income Fund | -0.35% | -2.03% | 4.59% | 6.32% | 12.52% | 11.70% | 6.49% | 7.63% | 6.09% |
FBND Fidelity Total Bond ETF | -0.26% | -0.60% | 0.12% | 0.27% | 4.12% | 4.46% | 0.52% | 2.32% | 2.53% |
FCNTX Fidelity Contrafund | -1.43% | -2.79% | 6.78% | 7.88% | 16.94% | 24.18% | 13.96% | 17.23% | 13.52% |
FDIVX Fidelity Diversified International Fund | -0.66% | -3.60% | 6.05% | 10.69% | 20.37% | 15.02% | 7.36% | 9.53% | 8.32% |
FDSVX Fidelity Growth Discovery Fund | -1.37% | -4.56% | 6.61% | 7.89% | 14.24% | 19.68% | 12.49% | 18.08% | 10.81% |
FDVLX Fidelity Value Fund | -0.81% | 3.33% | 16.13% | 23.80% | 35.42% | 24.64% | 16.57% | 14.39% | 11.45% |
Monthly Returns
Based on dividend-adjusted daily data since May 26, 2021, 2024-08-20's average daily return is +0.05%, while the average monthly return is +1.06%. At this rate, an investment would double in approximately 5.5 years.
Historically, 65% of months were positive and 35% were negative. The best month was Oct 2022 with a return of +7.4%, while the worst month was Jun 2022 at -8.0%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 3 months.
On a daily basis, 2024-08-20 closed higher 54% of trading days. The best single day was Apr 9, 2025 with a return of +7.0%, while the worst single day was Apr 4, 2025 at -5.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.15% | 1.76% | -4.98% | 7.18% | 3.74% | 1.72% | -0.91% | 10.70% | |||||
| 2025 | 2.74% | -0.30% | -3.81% | -0.59% | 4.01% | 4.12% | 1.20% | 2.71% | 2.40% | 1.36% | 1.91% | 0.52% | 17.21% |
| 2024 | 2.18% | 5.75% | 3.83% | -3.29% | 4.54% | 1.51% | 2.12% | 2.41% | 0.57% | -1.56% | 4.12% | -2.86% | 20.57% |
| 2023 | 5.71% | -2.17% | 1.77% | 1.52% | -0.09% | 5.66% | 3.03% | -0.76% | -3.41% | -2.45% | 7.23% | 4.88% | 22.22% |
| 2022 | -3.30% | -1.00% | 2.82% | -6.33% | 0.99% | -7.97% | 7.33% | -3.08% | -7.59% | 7.37% | 6.15% | -4.16% | -10.01% |
| 2021 | 0.79% | 1.01% | 0.75% | 2.37% | -3.50% | 4.62% | -1.91% | 4.19% | 8.34% |
Benchmark Metrics
2024-08-20 has an annualized alpha of 3.28%, beta of 0.78, and R2 of 0.94 versus S&P 500 Index. Calculated based on daily prices since May 26, 2021.
- This portfolio participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (83.69%) than losses (76.43%) - typical of diversified or defensive assets.
- This portfolio generated an annualized alpha of 3.28% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Alpha
- 3.28%
- Beta
- 0.78
- R²
- 0.94
- Upside Capture
- 83.69%
- Downside Capture
- 76.43%
Expense Ratio
2024-08-20 has an expense ratio of 0.48%, placing it in the medium range. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.
Top 10 holdings
Return for Risk
Risk / Return Rank
2024-08-20 ranks 76 for risk / return — better than 76% 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.
Return / Risk — by metrics
The table below presents risk-adjusted performance metrics for 2024-08-20 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 | 2.03 | 1.45 | +0.57 |
| Sortino ratioReturn per unit of downside risk | 2.88 | 2.03 | +0.86 |
| Omega ratioGain probability vs. loss probability | 1.37 | 1.26 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 2.70 | 2.01 | +0.69 |
| Martin ratioReturn relative to average drawdown | 11.99 | 8.68 | +3.31 |
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 |
|---|---|---|---|---|---|---|
AAPL Apple Inc | 92 | 2.27 | 3.09 | 1.41 | 4.02 | 9.58 |
BRK-B Berkshire Hathaway Inc. | 52 | 0.25 | 0.45 | 1.05 | 0.39 | 0.82 |
COWZ Pacer US Cash Cows 100 ETF | 69 | 1.61 | 2.38 | 1.28 | 3.10 | 8.70 |
DBEF Xtrackers MSCI EAFE Hedged Equity ETF | 81 | 2.00 | 2.80 | 1.37 | 2.76 | 11.53 |
FAGIX Fidelity Capital & Income Fund | 79 | 1.85 | 2.61 | 1.34 | 3.64 | 13.50 |
FBND Fidelity Total Bond ETF | 40 | 1.09 | 1.62 | 1.19 | 1.55 | 4.22 |
FCNTX Fidelity Contrafund | 29 | 1.11 | 1.60 | 1.20 | 1.51 | 6.16 |
FDIVX Fidelity Diversified International Fund | 29 | 1.09 | 1.60 | 1.20 | 1.61 | 6.15 |
FDSVX Fidelity Growth Discovery Fund | 18 | 0.79 | 1.17 | 1.15 | 1.15 | 4.02 |
FDVLX Fidelity Value Fund | 84 | 2.15 | 3.11 | 1.38 | 3.55 | 13.14 |
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Dividends
Dividend yield
2024-08-20 provided a 3.74% dividend yield over the last twelve months.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 3.74% | 4.18% | 6.18% | 4.53% | 4.70% | 5.64% | 4.28% | 3.42% | 4.47% | 2.95% | 1.76% | 3.09% |
| Portfolio components: | ||||||||||||
AAPL Apple Inc | 0.32% | 0.38% | 0.40% | 0.49% | 0.70% | 0.49% | 0.61% | 1.04% | 1.79% | 1.45% | 1.93% | 1.93% |
BRK-B Berkshire Hathaway Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
COWZ Pacer US Cash Cows 100 ETF | 1.91% | 2.19% | 1.82% | 1.92% | 1.96% | 1.48% | 2.54% | 1.96% | 1.67% | 1.95% | 0.13% | 0.00% |
DBEF Xtrackers MSCI EAFE Hedged Equity ETF | 2.31% | 5.55% | 1.29% | 4.46% | 15.85% | 2.28% | 2.41% | 3.03% | 3.22% | 2.98% | 2.55% | 3.70% |
FAGIX Fidelity Capital & Income Fund | 5.35% | 4.74% | 5.02% | 5.28% | 10.25% | 6.08% | 4.59% | 5.00% | 5.67% | 5.05% | 4.57% | 4.51% |
FBND Fidelity Total Bond ETF | 4.72% | 4.70% | 4.73% | 4.26% | 3.07% | 1.86% | 4.25% | 2.90% | 2.93% | 2.56% | 2.84% | 3.26% |
FCNTX Fidelity Contrafund | 4.33% | 5.21% | 4.19% | 3.78% | 11.87% | 10.80% | 8.01% | 4.16% | 7.46% | 6.08% | 3.81% | 5.33% |
FDIVX Fidelity Diversified International Fund | 9.66% | 10.69% | 3.93% | 4.29% | 1.34% | 10.59% | 0.97% | 1.32% | 7.32% | 4.22% | 1.36% | 0.46% |
FDSVX Fidelity Growth Discovery Fund | 1.47% | 1.58% | 12.81% | 2.55% | 3.65% | 13.46% | 9.63% | 4.28% | 5.02% | 4.87% | 0.09% | 0.17% |
FDVLX Fidelity Value Fund | 8.12% | 10.05% | 33.05% | 3.71% | 7.08% | 9.79% | 0.98% | 3.34% | 16.25% | 3.38% | 1.26% | 10.97% |
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 2024-08-20. 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 2024-08-20 was 18.22%, occurring on Sep 30, 2022. Recovery took 177 trading sessions.
The current 2024-08-20 drawdown is 1.39%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-18.22%Sep 2022 | 8mo 28d | 8mo 18d | 1y 5moJan 2022 - Jun 2023 | Bear market2022 |
-14.59%Apr 2025 | 1mo 17d | 2mo 3d | 3mo 20dFeb 2025 - Jun 2025 | 2025 selloff2025 |
-7.83%Mar 2026 | 1mo 2d | 18d | 1mo 20dFeb 2026 - Apr 2026 | — |
-7.74%Oct 2023 | 2mo 27d | 28d | 3mo 25dAug 2023 - Nov 2023 | — |
-7.13%Aug 2024 | 19d | 25d | 1mo 14dJul 2024 - Aug 2024 | — |
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 24 assets, with an effective number of assets of 16.51, reflecting the diversification based on asset allocation. Your allocation shows noticeable concentration: a few holdings carry significantly more weight than the rest. Rebalancing toward more even weights — or adding less correlated assets — could reduce risk.
Diversification Ratio
1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
Diversification Ratio | 1.33 | 1.29 | 1.22 | 1.22 |
The portfolio has a diversification ratio of 1.22, in line with the typical range across portfolios. There's room to improve by adding less correlated assets.
2024-08-20 correlation to the S&P 500 Index
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.93 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.93 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.95 |
Correlation (All Time) Calculated using the full available price history since May 26, 2021 | 0.95 |
Benchmark Correlations
Correlation vs. S&P 500 Index. VOO has the highest benchmark correlation at 1.00, while SGOV has the lowest at -0.00.
Asset Correlations Table
Find what 2024-08-20 is missing
See which holdings overlap, where 2024-08-20 is concentrated, and which low-correlation assets could fill the gaps.
Analyze Diversification