Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
GLDM SPDR Gold MiniShares Trust | Precious Metals, Gold | 33.33% |
VEA Vanguard FTSE Developed Markets ETF | Foreign Large Cap Equities | 33.33% |
VWO Vanguard FTSE Emerging Markets ETF | Emerging Markets Equities | 33.33% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in HAA 4-2025 Gldm VEA VWO, 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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The earliest data available for this chart is Jun 26, 2018, corresponding to the inception date of GLDM
Returns By Period
| 1D | 1M | YTD | 6M | 1Y | 3Y* | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|---|---|
Benchmark S&P 500 Index | 0.11% | -3.43% | -3.84% | -1.98% | 16.08% | 16.86% | 10.37% | 12.29% |
Portfolio HAA 4-2025 Gldm VEA VWO | -1.14% | -4.71% | 4.02% | 9.95% | 33.70% | 20.74% | 11.42% | — |
| Portfolio components: | ||||||||
GLDM SPDR Gold MiniShares Trust | -1.93% | -8.33% | 8.33% | 21.17% | 49.47% | 32.89% | 21.86% | — |
VEA Vanguard FTSE Developed Markets ETF | -0.77% | -2.79% | 3.65% | 8.84% | 30.37% | 16.09% | 8.76% | 9.49% |
VWO Vanguard FTSE Emerging Markets ETF | -0.72% | -2.55% | 0.11% | 0.38% | 21.72% | 13.41% | 3.75% | 7.73% |
Monthly Returns
Based on dividend-adjusted daily data since Jun 27, 2018, HAA 4-2025 Gldm VEA VWO's average daily return is +0.05%, while the average monthly return is +0.97%. At this rate, your investment would double in approximately 6.0 years.
Historically, 61% of months were positive and 39% were negative. The best month was Nov 2022 with a return of +11.8%, while the worst month was Mar 2020 at -10.1%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 6 months.
On a daily basis, HAA 4-2025 Gldm VEA VWO closed higher 55% of trading days. The best single day was Mar 24, 2020 with a return of +6.4%, while the worst single day was Mar 12, 2020 at -8.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 7.82% | 5.88% | -8.95% | 0.07% | 4.02% | ||||||||
| 2025 | 4.00% | 1.65% | 3.62% | 3.16% | 2.94% | 3.10% | -0.42% | 4.30% | 6.69% | 2.27% | 1.74% | 2.16% | 41.27% |
| 2024 | -2.01% | 2.23% | 4.72% | 0.22% | 2.77% | 0.09% | 3.20% | 2.00% | 4.48% | -1.16% | -1.67% | -1.96% | 13.33% |
| 2023 | 7.70% | -5.15% | 4.36% | 1.07% | -2.69% | 2.29% | 3.78% | -3.74% | -3.66% | 0.23% | 6.04% | 3.39% | 13.44% |
| 2022 | -1.70% | -0.06% | -0.41% | -4.88% | -0.43% | -4.85% | 0.67% | -3.12% | -7.69% | 0.49% | 11.77% | -0.55% | -11.34% |
| 2021 | -0.26% | -0.70% | 0.40% | 2.79% | 4.31% | -2.31% | -0.97% | 1.17% | -3.36% | 2.02% | -2.74% | 3.03% | 3.11% |
Benchmark Metrics
HAA 4-2025 Gldm VEA VWO has an annualized alpha of 5.01%, beta of 0.53, and R² of 0.52 versus S&P 500 Index. Calculated based on daily prices since June 27, 2018.
- This portfolio participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (60.42%) than losses (53.08%) — typical of diversified or defensive assets.
- This portfolio generated an annualized alpha of 5.01% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
- Beta of 0.53 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
- 5.01%
- Beta
- 0.53
- R²
- 0.52
- Upside Capture
- 60.42%
- Downside Capture
- 53.08%
Expense Ratio
HAA 4-2025 Gldm VEA VWO has an expense ratio of 0.07%, 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.
Return for Risk
Risk / Return Rank
HAA 4-2025 Gldm VEA VWO ranks 85 for risk / return — in the top 85% of portfolios on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
| Portfolio | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.96 | 0.88 | +1.08 |
Sortino ratioReturn per unit of downside risk | 2.52 | 1.37 | +1.15 |
Omega ratioGain probability vs. loss probability | 1.39 | 1.21 | +0.18 |
Calmar ratioReturn relative to maximum drawdown | 2.71 | 1.39 | +1.32 |
Martin ratioReturn relative to average drawdown | 11.05 | 6.43 | +4.61 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
How much return does each position deliver for the risk it carries? Higher values mean better reward for the risk taken.
| Risk / Return Rank | Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|---|
GLDM SPDR Gold MiniShares Trust | 81 | 1.80 | 2.23 | 1.33 | 2.59 | 9.40 |
VEA Vanguard FTSE Developed Markets ETF | 83 | 1.73 | 2.36 | 1.35 | 2.64 | 10.14 |
VWO Vanguard FTSE Emerging Markets ETF | 62 | 1.22 | 1.74 | 1.25 | 1.78 | 6.68 |
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Dividends
Dividend yield
HAA 4-2025 Gldm VEA VWO provided a 1.87% dividend yield over the last twelve months.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 1.87% | 2.00% | 2.18% | 2.23% | 2.34% | 1.93% | 1.32% | 2.09% | 2.08% | 1.69% | 1.85% | 2.06% |
| Portfolio components: | ||||||||||||
GLDM SPDR Gold MiniShares 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% |
VEA Vanguard FTSE Developed Markets ETF | 2.90% | 3.22% | 3.35% | 3.15% | 2.91% | 3.16% | 2.04% | 3.04% | 3.35% | 2.77% | 3.05% | 2.92% |
VWO Vanguard FTSE Emerging Markets ETF | 2.70% | 2.79% | 3.20% | 3.52% | 4.11% | 2.63% | 1.91% | 3.23% | 2.88% | 2.30% | 2.52% | 3.26% |
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 HAA 4-2025 Gldm VEA VWO. 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 HAA 4-2025 Gldm VEA VWO was 24.98%, occurring on Oct 14, 2022. Recovery took 353 trading sessions.
The current HAA 4-2025 Gldm VEA VWO drawdown is 7.83%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -24.98% | Jun 3, 2021 | 346 | Oct 14, 2022 | 353 | Mar 13, 2024 | 699 |
| -23.91% | Jan 21, 2020 | 42 | Mar 19, 2020 | 74 | Jul 6, 2020 | 116 |
| -12.51% | Mar 2, 2026 | 19 | Mar 26, 2026 | — | — | — |
| -10.01% | Mar 20, 2025 | 14 | Apr 8, 2025 | 8 | Apr 21, 2025 | 22 |
| -9.24% | Jul 26, 2018 | 105 | Dec 24, 2018 | 41 | Feb 25, 2019 | 146 |
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 3 assets, with an effective number of assets of 3.00, 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
| Benchmark | GLDM | VWO | VEA | Portfolio | |
|---|---|---|---|---|---|
| Benchmark | 1.00 | 0.07 | 0.66 | 0.80 | 0.64 |
| GLDM | 0.07 | 1.00 | 0.23 | 0.23 | 0.58 |
| VWO | 0.66 | 0.23 | 1.00 | 0.79 | 0.86 |
| VEA | 0.80 | 0.23 | 0.79 | 1.00 | 0.85 |
| Portfolio | 0.64 | 0.58 | 0.86 | 0.85 | 1.00 |