Growth
The State Street Tactical Allocation Model ETF Portfolios seek to provide investors with risk-based model portfolios. Each model portfolio invests primarily in index-based exchange traded funds (ETFs), the majority of which are owned and distributed by State Street and its affiliates.
Performance Chart
All performance information is of the Portfolio Manager account, net of management fees.
All performance information is of the Portfolio Manager account net of management fees, and not of any investing client accounts.
Actual client returns will differ based on client-specified security exclusions, client cash flow behavior (investments and divestments), and trading restrictions placed on client accounts by brokerage.
The management fees applicable to Interactive Advisors proprietary portfolios are actually charged to
the Interactive Advisors accounts managing those portfolios, whereas the management fees applicable to
Portfolio Manager portfolios are applied retroactively as simulated fees to the Portfolio Manager account returns (as
Interactive Advisors does not manage or control these accounts) for purposes of this net-of-fees performance presentation only.
Performance, composition and volatility could vary significantly from that of the benchmark(s), which are
provided for illustrative purposes only.
This information was calculated up to Nov 19, 2024.
Metrics
Performance
The performance table shows the returns over various time periods, including the time periods that are clickable on the chart, calendar years and also the Since inception (annualized) performance which is the year over year growth rate of portfolio asset value.
| Last 30 days | -0.7% |
| Last 90 days | 3.3% |
| Last 365 days | 21.7% |
| Last 5 years | 55.3% |
| Since inception (Oct 03, 2018) | 63.6% |
| Since inception (annualized) | 8.4% |
| 2024 (YTD) | 14.7% |
| 2023 | 17.0% |
| 2022 | -15.3% |
| 2021 | 16.9% |
| 2020 | 12.9% |
| 2019 | 24.7% |
Risk metrics (last 365 days)
The risk metrics table is only present for portfolios with more than a 365 day track record which is needed to meaningfully compute the summary risk metrics.
You can learn more here.
| Volatility
The standard deviation of portfolio returns; a measure of risk. |
11.2% |
| Sharpe ratio
A measure of risk-adjusted portfolio return. |
1.45 |
| Sortino ratio
A measure of portfolio return adjusted for down-side volatility. |
2.09 |
| Maximum drawdown
Maximum value lost from peak to trough over the last year. |
-7.8% |
| Value-at-risk (95%, 1 week)
Estimates the potential loss of a portfolio with a specified confidence level and time horizon. |
-2.6% |
Estimate your costs
All costs shown are estimated and consist of the annual management fee applicable to the specific portfolio displayed. We compute the annual management fee applicable to your investments daily and charge it to you monthly in arrears or in conjunction with a withdrawal.
On a daily basis, the applicable fee associated with each portfolio you invest in will be applied to the end-of-day gross market value of your investment in that portfolio and the resulting amount will be divided by 365. At the end of each month, you will be charged a fee made up of the sum of all daily fees calculated during that month for each portfolio investment. The more assets you invest in a given portfolio with us, the higher the amount of the annual fee charged to you.
No trading commissions apply to trading in any of the portfolios due to the IBKR-LITE commissions structure we have selected for all of your clients. For portfolios including ETFs, additional expense ratios will need to be paid to the ETF issuer and they are not included in this calculation.
Portfolio information
The model portfolio allocations are managed actively and rely on State Street Global Advisors’ tactical asset allocation decision-making process, which includes evaluation of global asset classes. The investment views underlying each portfolio are informed by State Street Global Advisors’ quantitative approach and refined by the fundamental views of their Investment Solutions Group (ISG), a 90+ member investment team.
The strategy seeks to provide long term capital appreciation and income consistent with asset class allocation ranges of approximately 35 to 70% to equities and real assets, and approximately 30 to 65% to fixed income and cash. The strategy utilizes an active asset allocation investment process that evaluates and potentially adjusts the model portfolio’s asset class and constituent fund positioning at least monthly with a focus on the near term investment horizon. The tactical asset allocation process utilizes quantitative and qualitative analyses to evaluate the expected risk environment and seeks to identify and capitalize on relative tradeoffs across global asset classes. Performance is calculated using then-applicable 0.30% management fee until May 1, 2019, and currently applicable 0.10% management fee as of May 1, 2019.
Portfolio updates
Manager
State Street Global Advisors
For four decades, State Street Global Advisors has served the world’s governments, institutions and financial advisors. With a rigorous, risk-aware approach built on research, analysis and market-tested experience, we build from a breadth of active and index strategies to create cost-effective solutions. As stewards, we help portfolio companies see that what is fair for people and sustainable for the planet can deliver long-term performance. And, as pioneers in index, ETF, and ESG investing, we are always inventing new ways to invest. As a result, we have become the world’s third largest asset manager with US $2.72 trillion* under our care.
While State Street licenses model portfolio data enabling Interactive Advisors to build and periodically rebalance these portfolios, State Street does not have trading discretion, and it is not an adviser or fiduciary to Interactive Advisors clients investing in these portfolios.
*AUM reflects approximately $32.9 billion (as of June 30, 2018), with respect to which State Street Global Advisors Funds Distributors, LLC (SSGA FD) serves as marketing agent; SSGA FD and State Street Global Advisors are affiliated.
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Disclosures
Past performance is no guarantee of future results, and all investments, including those in this portfolio, involve the risk of loss, including loss of principal and a reduction in earnings.
This portfolio was launched on Interactive Advisors on October 03, 2018 and was opened to client investments on October 03, 2018. Interactive Advisors constructs and manages this portfolio based on a model portfolio and data obtained pursuant to an agreement with SSGA Funds Management, Inc. (“SSGA”). All performance information on this page is actual performance of the Interactive Advisors proprietary account and presented “net of fees”. The actual performance chart is provided for informational purposes only, and should not be used as the basis for making an investment decision. Actual client returns will differ. SSGA actively manages the model strategy underlying this portfolio and does not seek to replicate the performance of an index.
This portfolio is not in any way recommended to Interactive Advisors clients by SSGA, the model portfolio strategy provider. SSGA does not provide any investment advice, account management service, or recommendation in relation to this portfolio or any account invested pursuant to it, and is not acting as an investment adviser or fiduciary to Interactive Advisors clients. SSGA does not have a contractual, fiduciary, investment advisory or other relationship with Interactive Advisors clients. SSGA has no responsibility for determining the suitability of this portfolio for Interactive Advisors clients and has built the model portfolios without regard to the individual financial circumstances and objectives of any investor or Interactive Advisors client.
This portfolio is made up of whole and/or fractional holdings of Exchange Traded Funds (ETFs). The portfolio itself is not an ETF or Mutual Fund. Clients choosing to invest in this portfolio directly own the ETF shares making up the portfolio. In addition to Interactive Advisors’ management fees, clients will also be charged management fees and other expenses (custodian fees, brokerage commissions, and legal and accounting fees) by the ETF issuers.
Additional information on the risks, conflicts of interest, applicable brokerage commissions, fractional shares, and limitations on investments and divestments associated with this portfolio can be found here and on the Forms and Agreements page.