Tax-Aware Blend — Moderate Growth
Target AllocationTax-Aware BlendTax-aware80% Equity / 18% Fixed Income · Tax-Aware Blend implementation · Last reviewed 2026-02-11
AI insights
Generate a briefing on positioning, performance, and risk for Tax-Aware Blend — Moderate Growth.
Volatility
6.9%
Annualized standard deviation
Max drawdown
-20.7%
Peak to trough
Sharpe ratio
0.20
2.4% risk-free rate
Equity exposure
80%
Strategic target
Risk statistics
Model versus benchmark, since inception
| Measure | Model | Bench |
|---|---|---|
Annualized return Since inception, net of fund fees | 3.8% | 3.4% |
Standard deviation Annualized volatility of monthly returns | 6.9% | 6.7% |
Sharpe ratio Assumes a 2.4% risk-free rate | 0.20 | 0.16 |
Max drawdown Largest peak-to-trough decline | -20.7% | -20.4% |
Beta vs benchmark Sensitivity to benchmark movements | 1.05 | 1.00 |
Tracking error Dispersion of excess return | 1.6% | 0.0% |
Historical drawdowns
How the model behaved through stress periods
COVID-19 selloff
Jan 2020 – Mar 2020
-25.2%Benchmark -26.4% · Model outperformed by 1.2 pts
2022 rate shock
Jan 2022 – Oct 2022
-17.6%Benchmark -19.0% · Model outperformed by 1.4 pts
2025 growth scare
Feb 2025 – May 2025
-8.6%Benchmark -9.4% · Model outperformed by 0.8 pts
Simulated stress results for illustration only.