/Asset Class

Asset Class Attribution Analysis

Brinson-Hood-Beebower performance attribution

Illustrative — allocation-only attribution.Portfolio vs neutral-weight benchmark on CMA expected returns. Selection & interaction effects require realized per-product returns and are shown as 0; these figures are a methodology demonstration, not realized results.

Total Active Return

+0.002%

Portfolio vs Benchmark

Allocation Effect

+0.002%

From tactical positioning

Selection Effect

+0.000%

From vehicle selection

Interaction Effect

+0.000%

Combined effect

Attribution Effects by Asset Class

Top 10 contributors by absolute active return

Allocation
Selection
Interaction

BHB Attribution Detail

Full Brinson-Hood-Beebower decomposition by asset class

Asset ClassPort WtBench WtActive WtPort RetBench RetExcess RetAlloc EffectSelect EffectInteract EffectTotal Active
U.S. Large Cap25.1%25.9%-0.8%+0.06%+0.06%+0.00%-0.000%+0.000%+0.000%-0.000%
U.S. Mid Cap5.5%7.1%-1.6%+0.07%+0.07%+0.00%-0.000%+0.000%+0.000%-0.000%
U.S. Small Cap2.1%3.3%-1.2%+0.07%+0.07%+0.00%-0.000%+0.000%+0.000%-0.000%
Developed Intl - Large Cap6.8%16.0%-9.2%+0.06%+0.06%+0.00%-0.001%+0.000%+0.000%-0.001%
Emerging Markets3.0%6.1%-3.1%+0.09%+0.09%+0.00%-0.001%+0.000%+0.000%-0.001%
Taxable Fixed Income28.9%31.1%-2.2%+0.02%+0.02%+0.00%+0.001%+0.000%+0.000%+0.001%
Tax Exempt Fixed Income2.0%3.5%-1.5%+0.02%+0.02%+0.00%+0.000%+0.000%+0.000%+0.000%
High Yield1.5%2.0%-0.5%+0.04%+0.04%+0.00%+0.000%+0.000%+0.000%+0.000%
EM Fixed Income2.4%5.0%-2.6%+0.05%+0.05%+0.00%-0.000%+0.000%+0.000%-0.000%
L/S Hedge7.3%0.0%+7.3%+0.05%+0.05%+0.00%+0.000%+0.000%+0.000%+0.000%
Absolute Return3.0%0.0%+3.0%+0.04%+0.04%+0.00%-0.000%+0.000%+0.000%-0.000%
Private Equity12.4%0.0%+12.4%+0.08%+0.08%+0.00%+0.004%+0.000%+0.000%+0.004%
TOTAL PORTFOLIO100.0%100.0%+0.05%+0.05%+0.00%+0.002%+0.000%+0.000%+0.002%

Showing sample data. Import your Excel template to load actual attribution results.

Active Weight vs Excess Return

Over/underweight positions and their return contribution

Overweight
Underweight

Active Weight

Over/underweight vs benchmark

Overweight
Underweight

Portfolio Return Contribution

Manager selection vs asset allocation effects

Manager Selection Effect
Asset Allocation Effect

Active Return Breakdown

Selection, allocation and interaction effects

Manager Selection
Asset Allocation
Interaction

Active Return Breakdown

Active

Return

Asset Allocation+0.002%

Active Weight vs Relative Performance

Numbered dots match the tables below. Green = correct call, Red = incorrect call.

Top-left: Overweight, underperformed
Top-right: Overweight, outperformed ✓
Bottom-left: Underweight, underperformed ✓
Bottom-right: Underweight, outperformed

Positive Effects

#Asset ClassActiveRelative
No positive-effect positions

Negative Effects

#Asset ClassActiveRelative
No negative-effect positions