Tax-Aware Blend — Balanced
Target AllocationTax-Aware BlendTax-aware60% Equity / 38% Fixed Income · Tax-Aware Blend implementation · Last reviewed 2026-06-18
AI insights
Generate a briefing on positioning, performance, and risk for Tax-Aware Blend — Balanced.
Volatility
6.2%
Annualized standard deviation
Max drawdown
-19.4%
Peak to trough
Sharpe ratio
0.12
2.4% risk-free rate
Equity exposure
60%
Strategic target
Risk statistics
Model versus benchmark, since inception
| Measure | Model | Bench |
|---|---|---|
Annualized return Since inception, net of fund fees | 3.1% | 2.6% |
Standard deviation Annualized volatility of monthly returns | 6.2% | 6.2% |
Sharpe ratio Assumes a 2.4% risk-free rate | 0.12 | 0.03 |
Max drawdown Largest peak-to-trough decline | -19.4% | -19.5% |
Beta vs benchmark Sensitivity to benchmark movements | 1.03 | 1.00 |
Tracking error Dispersion of excess return | 3.0% | 0.0% |
Historical drawdowns
How the model behaved through stress periods
COVID-19 selloff
Jan 2020 – Mar 2020
-20.4%Benchmark -21.4% · Model outperformed by 1.0 pts
2022 rate shock
Jan 2022 – Oct 2022
-15.2%Benchmark -16.4% · Model outperformed by 1.2 pts
2025 growth scare
Feb 2025 – May 2025
-7.2%Benchmark -7.9% · Model outperformed by 0.7 pts
Simulated stress results for illustration only.