What is the three-fund portfolio really made of?

3 holdings. Together they swing like 1.2 separate bets.

Daily prices, 29 Apr 1996 to 6 Nov 2026. What happened, not a forecast.

US total market, international stocks and US bonds: the allocation most often discussed among index investors. Measured here at 60 / 20 / 20.

Measured on 2026-11-06

What it is made of

Company	Share of everything	Through
NVDA	3.8%	VTI 3.8%
AAPL	3.5%	VTI 3.5%
GOOGL	3.1%	VTI 3.1%
MSFT	2.3%	VTI 2.3%
AMZN	1.9%	VTI 1.9%
AVGO	1.5%	VTI 1.5%

This table names the companies behind 74% of the money. The rest is held too, in positions this measurement could not name.

Where the risk sits

Holding	Money	Risk	Ratio
VTI	60%	77%	1.28
VXUS	20%	23%	1.14
BND	20%	0%	0.02

Since last week

Separate bets: 1.2 (a week earlier 1.2). Largest company: NVDA 3.8% (a week earlier NVDA 3.8%). Volatility over the whole window: 14.5% (a week earlier 14.5%).

The reading, in full

PORTFOLIO: three-fund
1996-04-29 to 2026-11-06 · 7,682 trading days · USD

3 holdings.
Together they swing like 1.2 separate bets.

VTI carries 77% of the risk on its own.
Volatility 15% · worst fall on record 47%.
Risk 14% → 12% over the last year, mostly because the holdings themselves got quieter.

Descriptive. No forecast, no advice. Every figure above is measured over the window named at the top.
folionomiq.com

What this does not say

Every figure is measured on past daily prices over the window below. It is not a forecast of returns or losses.
VTI before 2001-06-15 is measured on the daily moves of VTSMX, an older fund on the same index (CRSP US Total Market), from 1992-04-27. VXUS before 2011-01-28 is measured on the daily moves of VGTSX, an older fund on the same index (FTSE Global All Cap ex US), from 1996-04-29. BND before 2007-04-10 is measured on the daily moves of VBMFX, an older fund on the same index (Bloomberg US Aggregate Float Adjusted), from 1990-01-02. Those years describe the older funds, not the younger ones' own records. Older crises may still lie outside the window.
These are model allocations as they are commonly described, not recommendations; the weights measured are the ones printed above.

Your own version

Change a weight, swap a fund, add what you hold: measured by the same engine, nothing saved on our side.

Measure your version

Other portfolios

Measured 1996-04-29 to 2026-11-06 over 7,681 trading days, in USD, from Yahoo Finance prices. Descriptive: this page reports what these holdings have done and how their risk is built. It does not forecast returns or losses and it is not advice. How every figure is measured. Terms and privacy: /terms. If a figure looks wrong: [email protected].