Global Sectors, ranked by M-squared

for period ending August 31, 2026

More ways to view this list of Portfolio Ingredients:
Ingredient Summary Page (Total Return with Maximum Drawdown Scatterplots)
by Return: Total Return (1, 3, 5, 10, 15, 20 years), Historical Return (past 5 years)
by Risk vs. Return: Risk vs. Return Compass, M-Squared, Alpha, Sharpe Ratio, Sortino Ratio, Treynor Ratio
by Volatility / Risk: Maximum Drawdown, Standard Deviation, Downside Deviation, Beta
by Peer Group: Global Asset Classes, Global Equities, Global Sectors

M-Squared is the Modigliani risk-adjusted performance, shown as an annual total return percent. It is derived from the Sharpe ratio, but M-Squared is in units of percent return. M-Squared inputs include standard deviation, the monthly total return, the risk-free rate (3-month T-bill), and the return of a benchmark equity portfolio (the S&P 500, represented by the SPY exchange-traded fund).

Portfolio Ingredients: Global Sectors Peer Group
Sort by any column by clicking on the gray column heading.

      M-Squared   Total Return, annualized
Ingredient Name ID Category 1 year 3 year 5 year 10 year 15 year 20 year   1 year 3 year 5 year 10 year 15 year 20 year
    Group average  
 
Clean Energy ICLN Clean Energy -9.4% -16.7% -13.1% -9.5% -12.1%     21.5% 4.0% -4.5% 8.3% 4.0%  
Consumer Discretionary RXI Consumer Discretionary -18.6% -11.6% -8.2% -6.7% -5.5%     1.5% 10.0% 4.5% 9.6% 10.9%  
Consumer Staples KXI Consumer Staples -14.0% -13.5% -8.4% -8.9% -6.4%     6.6% 7.2% 4.4% 5.8% 7.6%  
Energy IXC Energy 5.0% -7.6% 4.9% -7.8% -10.2% -6.8%   43.3% 17.3% 23.6% 10.6% 6.8% 6.0%
Financials IXG Financials 0.1% 5.7% 1.0% -4.0% -5.5% -7.0%   18.9% 26.2% 14.2% 12.9% 11.4% 5.3%
Healthcare IXJ Healthcare 0.0% -12.5% -7.9% -5.4% -3.0% -1.9%   20.7% 8.6% 4.8% 9.1% 11.1% 8.6%
Industrials EXI Industrials -4.6% -3.1% -1.9% -4.4% -4.8%     18.5% 20.0% 11.6% 12.2% 11.6%  
Infrastructure IGF Infrastructure -7.8% -3.5% -2.0% -7.3% -7.3%     11.2% 16.6% 10.2% 8.0% 7.6%  
Materials MXI Materials 0.8% -9.0% -5.7% -5.8% -9.8%     30.4% 14.6% 7.7% 11.1% 6.5%  
Technology IXN Technology 2.5% -1.1% 1.4% 2.8% 0.9% 1.3%   49.4% 32.5% 19.4% 23.9% 20.8% 15.9%
Telecom IXP Telecommunications -18.5% -1.7% -5.8% -6.6% -6.9% -3.8%   1.5% 20.5% 7.2% 8.9% 8.4% 7.6%
Timber & Forestry WOOD Timber and Forestry -21.9% -19.5% -14.1% -10.3% -9.9%     -3.3% 0.5% -2.5% 5.6% 6.2%  
Global Utilities JXI Utilities -10.2% -6.2% -4.5% -5.9% -6.7%     10.7% 15.6% 8.2% 9.0% 8.0%  
Strategic 60-40 Portfolio s.6040 Benchmark -2.3% -3.4% -4.8% -2.7% -1.6% 0.2%   12.7% 13.9% 6.9% 9.5% 9.7% 8.2%