Tactical: Managed, ranked by M-squared

for period ending March 31, 2025

More ways to view this list of Portfolio Recipes:
Recipe 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: Strategic: DIY, Tactical: DIY, Tactical: Managed

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).

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Portfolio Recipes: Tactical: Managed Peer Group
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      M-Squared   Total Return, annualized
Recipe 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  
 
U.S. Total Bond Market BND Benchmark -3.2% * * * * *   4.9% * * * * *
S&P 500 SPY Benchmark 0.0% * * * * *   8.3% * * * * *
Strategic 60-40 Portfolio s.6040 Benchmark -1.4% * * * * *   6.4% * * * * *
S&P 500 Equal Weight RSP Equal Weight -4.3% * * * * *   3.9% * * * * *
Permanent Portfolio PRPFX Low Equity 21.6% * * * * *   20.4% * * * * *
Hedge Replication HDG Blended -10.3% * * * * *   2.4% * * * * *
DWA Tech Leaders PDP Blended -5.6% * * * * *   1.4% * * * * *
IQ Hedge Multi-Strat QAI Blended -6.6% * * * * *   3.6% * * * * *
ProShares Lg Cap CSM Hedged: 130-30 -2.2% * * * * *   6.1% * * * * *
MultiAsset ETF RLY Hedged: Abs Return -2.6% * * * * *   5.4% * * * * *
IQ Merger Arbitrage MNA Hedged: Arbitrage 11.0% * * * * *   9.0% * * * * *
QuantSh AntiBeta BTAL Hedged: Mkt Neutral 10.1% * * * * *   19.7% * * * * *
WisdmTr EM HiYld DEM Income: Equity -1.5% * * * * *   6.1% * * * * *
WisdmTr EM SmCap DGS Income: Equity -15.0% * * * * *   -1.9% * * * * *
WisdomTree ex-US DLN Income: Equity 4.6% * * * * *   12.2% * * * * *
WisdmTr Intl SmCap DLS Income: Equity -2.7% * * * * *   5.5% * * * * *
iShares Select Dividend DVY Income: Equity 3.4% * * * * *   13.1% * * * * *
SPDR S&P Int'l DWX Income: Equity 5.4% * * * * *   13.9% * * * * *
iShares Hi Div Equity HDV Income: Equity 6.3% * * * * *   13.9% * * * * *
iShr Intl Select Dividend IDV Income: Equity 8.0% * * * * *   17.4% * * * * *
PowerShares Intl Div PID Income: Equity -1.5% * * * * *   6.8% * * * * *
SPDR S&P Dividend SDY Income: Equity -2.3% * * * * *   6.1% * * * * *
Vanguard Hi Div Yld ETF VYM Income: Equity 1.8% * * * * *   9.8% * * * * *
PwrSh Sr Loan Portfolio BKLN Income: Float Rate 5.7% * * * * *   6.1% * * * * *
Gugg Multi-Asset CVY Income: Multi -5.5% * * * * *   2.7% * * * * *
Barclays Conv Bond CWB Income: Multi -1.1% * * * * *   7.0% * * * * *
ETF: SPDR Inc Alloc INKM Income: Multi -0.2% * * * * *   6.8% * * * * *
iSh MultiAsset Income IYLD Income: Multi -0.6% * * * * *   6.1% * * * * *
FirstTrust Multi-Asset MDIV Income: Multi 5.1% * * * * *   10.4% * * * * *
iShr Preferred ETF PFF Income: Multi -8.4% * * * * *   1.5% * * * * *
PowerSh Preferred ETF PGX Income: Multi -9.6% * * * * *   0.1% * * * * *
First Trust Focus 5 FV Sector Rotation -10.3% * * * * *   -3.9% * * * * *
S&P Aggressive AOA Risk-Driven -1.0% * * * * *   6.6% * * * * *
S&P Conservative AOK Risk-Driven -1.8% * * * * *   5.6% * * * * *
S&P Moderate AOM Risk-Driven -1.6% * * * * *   5.8% * * * * *
S&P Growth AOR Risk-Driven -1.2% * * * * *   6.2% * * * * *
Dreyfus Alpha I AVGRX Blended -11.9% * * * * *   2.7% * * * * *
Principal GlobMultiStrat PMSAX Blended -6.6% * * * * *   3.9% * * * * *
Hundredfold Select SFHYX Blended -7.6% * * * * *   2.9% * * * * *
UBS Global Alloc BPGLX Global Macro -3.4% * * * * *   4.8% * * * * *
DFA Select Hedged DSHGX Global Macro -0.5% * * * * *   7.0% * * * * *
GMO Benchm-Free GBMFX Global Macro -0.6% * * * * *   6.2% * * * * *
Leuthold Global GLBIX Global Macro -8.6% * * * * *   1.0% * * * * *
GMO Global Alloc GMWAX Global Macro -2.4% * * * * *   5.4% * * * * *
Ivy Asset Strategy IVAEX Global Macro 1.5% * * * * *   7.9% * * * * *
Leuthold Core LCORX Global Macro -8.5% * * * * *   0.3% * * * * *
Loomis Global Eq Y LSWWX Global Macro -3.9% * * * * *   4.5% * * * * *
BlackRock Global I MALOX Global Macro -3.6% * * * * *   4.7% * * * * *
MFS Global Tot Ret MFWIX Global Macro -3.2% * * * * *   5.0% * * * * *
PIMCO All-Asset PAUIX Global Macro -3.1% * * * * *   5.0% * * * * *
Thornburg Inv Income Y TIBIX Global Macro 18.8% * * * * *   17.4% * * * * *
VALIC Global Strat VGLSX Global Macro -1.1% * * * * *   6.2% * * * * *
MainStay Int'l Opp MYITX Hedged: 130-30 3.2% * * * * *   9.8% * * * * *
MFS Target Return A DVRAX Hedged: Abs Return 9.5% * * * * *   8.2% * * * * *
EatonVance GlobalMacro EIGMX Hedged: Abs Return 7.4% * * * * *   6.8% * * * * *
Natixis ASG Global GAFYX Hedged: Abs Return -5.6% * * * * *   3.7% * * * * *
Goldman Sachs Instl GARTX Hedged: Abs Return -4.6% * * * * *   4.3% * * * * *
Jhancock Global Abs Ret I JHAIX Hedged: Abs Return -5.2% * * * * *   3.6% * * * * *
Putnam Abs Ret 100 Y PARYX Hedged: Abs Return -16.4% * * * * *   2.9% * * * * *
Putnam Abs Ret 300 Y PYTRX Hedged: Abs Return -2.1% * * * * *   5.4% * * * * *
AQR Divers N ADANX Hedged: Arbitrage -5.1% * * * * *   4.4% * * * * *
Arbitrage I ARBNX Hedged: Arbitrage -4.3% * * * * *   4.5% * * * * *
BlackRock EmMkt A BLSAX Hedged: Long/Short -1.8% * * * * *   5.8% * * * * *
Robeco Long/Short I BPLSX Hedged: Long/Short 2.8% * * * * *   10.6% * * * * *
Diamond Hill Long-Short I DHLSX Hedged: Long/Short -4.5% * * * * *   4.3% * * * * *
MainStay Marketfield A MFADX Hedged: Long/Short -10.7% * * * * *   -0.3% * * * * *
Calamos Market Neu Inc CVSIX Hedged: Mkt Neutral 16.4% * * * * *   6.7% * * * * *
Gabelli ABC AAA GABCX Hedged: Mkt Neutral 2.7% * * * * *   6.7% * * * * *
JPMorgan Mkt Neutral A JMNAX Hedged: Mkt Neutral 9.4% * * * * *   8.7% * * * * *
Vanguard Market Neutral VMNFX Hedged: Mkt Neutral -14.6% * * * * *   0.4% * * * * *
Fidelity Equity FEQTX Income: Equity 0.5% * * * * *   8.7% * * * * *
Fidelity Strategic FSDIX Income: Equity 0.4% * * * * *   8.1% * * * * *
Columbia Div Income LBSAX Income: Equity 1.0% * * * * *   8.7% * * * * *
Invesco Divers Dividend LCEIX Income: Equity -1.7% * * * * *   6.6% * * * * *
BlackRock Eq Dividend MDDVX Income: Equity -1.5% * * * * *   6.6% * * * * *
T. Rowe Equity Income PRFDX Income: Equity -0.8% * * * * *   7.3% * * * * *
Schwab Div Equity SWDSX Income: Equity 5.1% * * * * *   12.9% * * * * *
Vanguard Equity VEIPX Income: Equity 2.2% * * * * *   9.8% * * * * *
Lord Abbett Float Rate LFRAX Income: Float Rate -15.2% * * * * *   3.0% * * * * *
Calamos Global Growth CVLOX Income: Global -3.1% * * * * *   5.2% * * * * *
Loomis Global Eq A LGMAX Income: Global -4.1% * * * * *   4.3% * * * * *
Neuberger Berman Eq Inc NBHAX Income: Global 3.4% * * * * *   11.2% * * * * *
Thornburg Inv Income A TIBAX Income: Global 16.4% * * * * *   16.1% * * * * *
Am Century Target Date ARTOX Income: Multi -2.7% * * * * *   5.2% * * * * *
BlackRock Strat Inc Opp BASIX Income: Multi -11.2% * * * * *   2.4% * * * * *
Calamos Convertible A CCVIX Income: Multi -4.6% * * * * *   3.8% * * * * *
Invesco Convertible Y CNSDX Income: Multi -3.3% * * * * *   5.0% * * * * *
Fidelity Convertibles FCVSX Income: Multi -1.0% * * * * *   7.4% * * * * *
Goldman Sachs Strat Inc GSZAX Income: Multi -13.4% * * * * *   1.8% * * * * *
Inst: Forward Select KIFYX Income: Multi -4.4% * * * * *   4.1% * * * * *
Nuveen Preferred I NPSRX Income: Multi -5.6% * * * * *   4.2% * * * * *
Pimco Income P PONPX Income: Multi -8.9% * * * * *   2.7% * * * * *
Principal Preferred PPSIX Income: Multi 3.4% * * * * *   6.6% * * * * *
T. Rowe Global Bond PRSNX Income: Multi -15.1% * * * * *   1.4% * * * * *
T. Rowe Retire Balanced TRRIX Income: Multi -4.7% * * * * *   4.2% * * * * *
Vanguard LifeStrategy VASIX Income: Multi -3.9% * * * * *   4.6% * * * * *
Vanguard Target Retire VTINX Income: Multi -3.1% * * * * *   4.9% * * * * *
Vanguard Wellesley Adm VWIAX Income: Multi -0.7% * * * * *   6.4% * * * * *
Fidelity Muni FHIGX Income: Tax Exempt -19.6% * * * * *   -1.1% * * * * *
Nuveen Amer Muni FLAAX Income: Tax Exempt -17.0% * * * * *   -0.1% * * * * *
BlackRock Nat'l Muni MDNLX Income: Tax Exempt -24.1% * * * * *   -1.2% * * * * *
T. Rowe Summit Muni PRINX Income: Tax Exempt -19.1% * * * * *   -0.8% * * * * *
Vanguard LT Tax-Exempt VWLTX Income: Tax Exempt -19.1% * * * * *   -1.2% * * * * *
Sound Mind Investing SMIFX Momentum -4.1% * * * * *   4.1% * * * * *
Grimaldi Sector NAVFX Sector Rotation -0.8% * * * * *   7.9% * * * * *
FundX Upgrader XCOR Momentum -2.2% * * * * *   6.4% * * * * *
Ibbotson Balanced BETFX Risk-Driven -1.1% * * * * *   6.2% * * * * *
Columbia Thermostat Z COTZX Risk-Driven 3.3% * * * * *   8.9% * * * * *
Dodge & Cox Balanced DODBX Risk-Driven 0.9% * * * * *   8.0% * * * * *
Fidelity Balanced FBALX Risk-Driven -0.8% * * * * *   6.7% * * * * *
Fidelity Puritan FPURX Risk-Driven -2.7% * * * * *   5.4% * * * * *
Janus Balanced JANBX Risk-Driven -1.4% * * * * *   6.4% * * * * *
Schwab Balanced SWOBX Risk-Driven -1.7% * * * * *   6.0% * * * * *
Vanguard Balanced VBIAX Risk-Driven -2.7% * * * * *   5.5% * * * * *
ValueLine AssetAlloc VLAAX Risk-Driven -0.6% * * * * *   7.5% * * * * *
Vanguard Wellesley Inv VWINX Risk-Driven 1.0% * * * * *   7.3% * * * * *
Vanguard LifeStrat Growth VASGX Risk-Driven 0.5% * * * * *   7.6% * * * * *
Vanguard Wellington Inv VWELX Risk-Driven 1.8% * * * * *   8.4% * * * * *
Vanguard STAR Inv VGSTX Risk-Driven -3.1% * * * * *   5.0% * * * * *
FPA Crescent FPACX Risk-Driven 0.2% * * * * *   6.9% * * * * *
WF Asset Allocation WFAIX Risk-Driven -0.3% * * * * *   7.3% * * * * *
Berkshire Hathaway Inc BRK.A Global Macro 9.6% * * * * *   25.8% * * * * *