Fund-to-Fund Correlation

Your portfolio contains positions that have a high degree of positive correlation to each other.

This means that some holdings in your portfolio have similar movement in monthly returns, and you may not get much benefit from diversification as intended. Additional Correlation Details

Overweight in Growth

Your equity holdings display a strong growth tilt, with only 15.75% in value.

Consider a balanced and diversified portfolio with growth, core, and value holdings.

Number of Fund Families

Diversify manager selection: Your portfolio includes investment products from one fund family.

Consider diversifying your manager selection.

Sharpe Ratio

Your portfolio has a lower Sharpe Ratio than your selected benchmark.

You may want to discuss with your investment professional to consider ways to generate similar returns for a lower risk level.

Higher Expense Ratio than Benchmark

Your portfolio has a higher expense ratio than the benchmark.

The average net expense ratio of your Portfolio is 0.57%, and the Benchmark 0.27%.

Hypothetical performance in historical scenarios

In 2008 Global Financial Crisis (June-2007 - Feb-2009), a portfolio with your current asset allocation would have underperformed the benchmark by 18.52%.

Higher downside volatility than benchmark

Over the past 3 years, your portfolio displayed higher downside volatility (standard deviation) than the benchmark.

The downside standard deviation of your portfolio is 1.56%, and the benchmark 1.28%.

Underweight in fixed income

Compared to your selected benchmark, you are underweight in fixed income. To better match the selected benchmark, consider whether rebalancing is appropriate.

Your portfolio is 7.58% underweight in fixed income as compared to the benchmark.