Bob Clyatt Sandwich Portfolio: ETF allocation and returns

Data Source: from January 1976 to February 2024 (~48 years)
Consolidated Returns as of 29 February 2024
Live Update: Mar 18 2024
PORTFOLIO • LIVE PERFORMANCE (USD currency)
0.10%
1 Day
Mar 18 2024
0.42%
Current Month
March 2024

The Bob Clyatt Sandwich Portfolio is a High Risk portfolio and can be implemented with 8 ETFs.

It's exposed for 55% on the Stock Market.

In the last 30 Years, the Bob Clyatt Sandwich Portfolio obtained a 7.03% compound annual return, with a 8.32% standard deviation.

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Asset Allocation and ETFs

The Bob Clyatt Sandwich Portfolio has the following asset allocation:

55% Stocks
45% Fixed Income
0% Commodities

The Bob Clyatt Sandwich Portfolio can be implemented with the following ETFs:

Weight (%) Ticker Currency ETF Name Investment Themes
20.00
VV
USD Vanguard Large-Cap Equity, U.S., Large Cap
10.00
SCZ
USD iShares MSCI EAFE Small-Cap Equity, EAFE, Small Cap
8.00
IJR
USD iShares Core S&P Small-Cap Equity, U.S., Small Cap
6.00
EEM
USD iShares MSCI Emerging Markets Equity, Emerging Markets, Large Cap
6.00
VEU
USD Vanguard FTSE All-World ex-US Equity, Global ex-US, Large Cap
5.00
VNQ
USD Vanguard Real Estate Real Estate, U.S.
41.00
IEI
USD iShares 3-7 Year Treasury Bond Bond, U.S., Intermediate-Term
4.00
BIL
USD SPDR Blmbg Barclays 1-3 Mth T-Bill Bond, U.S., Ultra Short-Term

Most of Lazy Portfolios are made of common components (asset classes), very simple and well defined. For a more complete view, find out the most common ETFs you can use to build your portfolio.

Portfolio and ETF Returns as of Feb 29, 2024

The Bob Clyatt Sandwich Portfolio guaranteed the following returns.

Returns are calculated in USD, assuming: March 2024 return is calculated on the hypothesis of a newly built portfolio, with the starting asset allocation.
BOB CLYATT SANDWICH PORTFOLIO
Consolidated returns as of 29 February 2024
Live Update: Mar 18 2024
Swipe left to see all data
  Chg (%) Return (%) Return (%) as of Feb 29, 2024
  1 Day Time ET(*) Mar 2024 1M 6M 1Y 5Y 10Y 30Y MAX
(~48Y)
Bob Clyatt Sandwich Portfolio 0.10 0.42 1.45 5.94 10.35 5.12 5.04 7.03 9.44
US Inflation Adjusted return 1.00 4.28 6.96 0.89 2.16 4.39 5.60
Components
VV
USD Vanguard Large-Cap 0.62 Mar 18 2024 1.10 5.24 14.22 31.09 14.61 12.53 10.42 11.65
SCZ
USD iShares MSCI EAFE Small-Cap 0.13 Mar 18 2024 1.94 1.56 4.93 6.64 4.14 4.15 6.29 9.96
IJR
USD iShares Core S&P Small-Cap -0.32 Mar 18 2024 -1.51 3.22 7.33 6.39 7.65 8.48 9.83 13.09
EEM
USD iShares MSCI Emerging Markets 0.17 Mar 18 2024 2.13 4.17 4.06 7.46 1.11 2.35 4.45 7.41
VEU
USD Vanguard FTSE All-World ex-US 0.09 Mar 18 2024 2.20 3.17 7.74 13.10 5.87 4.30 4.79 8.33
VNQ
USD Vanguard Real Estate 0.05 Mar 18 2024 -0.37 1.98 6.13 4.14 4.12 6.04 8.49 11.79
IEI
USD iShares 3-7 Year Treasury Bond -0.08 Mar 18 2024 -0.30 -1.38 2.05 3.49 0.50 0.99 4.15 6.34
BIL
USD SPDR Blmbg Barclays 1-3 Mth T-Bill 0.01 Mar 18 2024 0.24 0.44 2.62 5.20 1.82 1.18 2.26 4.22
Returns over 1 year are annualized | Available data source: since Jan 1976
(*) Eastern Time (ET - America/New York)
US Inflation is updated to Feb 2024. Current inflation (annualized) is 1Y: 3.17% , 5Y: 4.19% , 10Y: 2.82% , 30Y: 2.54%

In 2023, the Bob Clyatt Sandwich Portfolio granted a 2.61% dividend yield. If you are interested in getting periodic income, please refer to the Bob Clyatt Sandwich Portfolio: Dividend Yield page.

Capital Growth as of Feb 29, 2024

An investment of 1$, since March 1994, now would be worth 7.69$, with a total return of 668.61% (7.03% annualized).

The Inflation Adjusted Capital now would be 3.62$, with a net total return of 262.49% (4.39% annualized).
An investment of 1$, since January 1976, now would be worth 77.16$, with a total return of 7615.59% (9.44% annualized).

The Inflation Adjusted Capital now would be 13.79$, with a net total return of 1279.14% (5.60% annualized).

Portfolio Metrics as of Feb 29, 2024

Metrics of Bob Clyatt Sandwich Portfolio, updated as of 29 February 2024.

Metrics are calculated based on monthly returns, assuming:
BOB CLYATT SANDWICH PORTFOLIO
Advanced Metrics
Data Source: 1 January 1976 - 29 February 2024 (~48 years)
Swipe left to see all data
Metrics as of Feb 29, 2024
1M 3M 6M 1Y 3Y 5Y 10Y 20Y 30Y MAX
(~48Y)
Investment Return (%) 1.45 5.37 5.94 10.35 1.30 5.12 5.04 6.30 7.03 9.44
Infl. Adjusted Return (%) details 1.00 4.34 4.28 6.96 -4.14 0.89 2.16 3.62 4.39 5.60
US Inflation (%) 0.44 0.98 1.59 3.17 5.68 4.19 2.82 2.59 2.54 3.64
Returns / Inflation rates over 1 year are annualized.
DRAWDOWN
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y 20Y 30Y MAX
Deepest Drawdown Depth (%) -7.10 -19.10 -19.10 -19.10 -28.96 -28.96 -28.96
Start to Recovery (# months) details 5 26* 26* 26* 30 30 30
Start (yyyy mm) 2023 08 2022 01 2022 01 2022 01 2007 11 2007 11 2007 11
Start to Bottom (# months) 3 9 9 9 16 16 16
Bottom (yyyy mm) 2023 10 2022 09 2022 09 2022 09 2009 02 2009 02 2009 02
Bottom to End (# months) 2 17 17 17 14 14 14
End (yyyy mm) 2023 12 - - - 2010 04 2010 04 2010 04
Longest Drawdown Depth (%)
same as
deepest

same as
deepest

same as
deepest

same as
deepest

same as
deepest

same as
deepest

same as
deepest
Start to Recovery (# months) details
Start (yyyy mm) 2023 08 2022 01 2022 01 2022 01 2007 11 2007 11 2007 11
Start to Bottom (# months) 3 9 9 9 16 16 16
Bottom (yyyy mm) 2023 10 2022 09 2022 09 2022 09 2009 02 2009 02 2009 02
Bottom to End (# months) 2 17 17 17 14 14 14
End (yyyy mm) 2023 12 - - - 2010 04 2010 04 2010 04
Longest negative period (# months) details 8 33 35 35 50 50 50
Period Start (yyyy mm) 2023 03 2021 03 2020 12 2020 12 2005 01 2005 01 2005 01
Period End (yyyy mm) 2023 10 2023 11 2023 10 2023 10 2009 02 2009 02 2009 02
Annualized Return (%) -2.03 -0.50 -0.86 -0.86 -0.53 -0.53 -0.53
Drawdowns / Negative periods marked with * are in progress
Deepest Drawdown Depth (%) -7.97 -25.16 -25.16 -25.16 -30.13 -30.13 -30.13
Start to Recovery (# months) details 5 30* 30* 30* 36 36 36
Start (yyyy mm) 2023 08 2021 09 2021 09 2021 09 2007 11 2007 11 2007 11
Start to Bottom (# months) 3 13 13 13 16 16 16
Bottom (yyyy mm) 2023 10 2022 09 2022 09 2022 09 2009 02 2009 02 2009 02
Bottom to End (# months) 2 17 17 17 20 20 20
End (yyyy mm) 2023 12 - - - 2010 10 2010 10 2010 10
Longest Drawdown Depth (%)
same as
deepest

same as
deepest

same as
deepest

same as
deepest

same as
deepest

same as
deepest

same as
deepest
Start to Recovery (# months) details
Start (yyyy mm) 2023 08 2021 09 2021 09 2021 09 2007 11 2007 11 2007 11
Start to Bottom (# months) 3 13 13 13 16 16 16
Bottom (yyyy mm) 2023 10 2022 09 2022 09 2022 09 2009 02 2009 02 2009 02
Bottom to End (# months) 2 17 17 17 20 20 20
End (yyyy mm) 2023 12 - - - 2010 10 2010 10 2010 10
Longest negative period (# months) details 8 36* 56 78 78 78 79
Period Start (yyyy mm) 2023 03 2021 03 2019 03 2017 05 2017 05 2017 05 1976 01
Period End (yyyy mm) 2023 10 2024 02 2023 10 2023 10 2023 10 2023 10 1982 07
Annualized Return (%) -4.89 -4.14 -1.20 -0.05 -0.05 -0.05 -0.03
Drawdowns / Negative periods marked with * are in progress
RISK INDICATORS
1Y 3Y 5Y 10Y 20Y 30Y MAX
Standard Deviation (%) 9.44 10.69 10.36 8.43 8.73 8.32 8.88
Sharpe Ratio 0.55 -0.10 0.32 0.46 0.57 0.57 0.61
Sortino Ratio 0.81 -0.14 0.43 0.62 0.75 0.75 0.82
Ulcer Index 2.54 9.22 7.41 5.45 6.14 5.22 4.56
Ratio: Return / Standard Deviation 1.10 0.12 0.49 0.60 0.72 0.85 1.06
Ratio: Return / Deepest Drawdown 1.46 0.07 0.27 0.26 0.22 0.24 0.33
% Positive Months details 58% 55% 61% 65% 65% 66% 67%
Positive Months 7 20 37 78 158 239 389
Negative Months 5 16 23 42 82 121 189
LONG TERM RETURNS
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y 20Y 30Y MAX
Best 10 Years Return (%) - Annualized 5.04 9.50 9.81 16.53
Worst 10 Years Return (%) - Annualized 4.17 4.17 4.17
Best 10 Years Return (%) - Annualized 2.16 7.60 7.60 12.35
Worst 10 Years Return (%) - Annualized 1.35 1.35 1.35
ROLLING PERIODS
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y 20Y 30Y MAX
Over the latest 30Y
Best Rolling Return (%) - Annualized 35.08 17.78 14.43 9.81 8.47 7.03
Worst Rolling Return (%) - Annualized -24.75 -4.49 1.29 4.17 6.14
% Positive Periods 84% 98% 100% 100% 100% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 86.39 29.50 18.85 10.79 7.28 6.52
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - 1.48 3.81 4.72
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Best Rolling Return (%) - Annualized 32.24 15.03 11.93 7.60 6.04 4.39
Worst Rolling Return (%) - Annualized -24.76 -6.52 -1.31 1.35 3.47
% Positive Periods 76% 85% 95% 100% 100% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 86.39 29.50 18.85 10.79 7.28 6.52
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - 1.48 3.81 4.72
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Over all the available data source (Jan 1976 - Feb 2024)
Best Rolling Return (%) - Annualized 43.70 26.97 23.63 16.53 13.36 11.84
Worst Rolling Return (%) - Annualized -24.75 -4.49 1.29 4.17 6.14 6.68
% Positive Periods 86% 99% 100% 100% 100% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 86.39 29.50 18.85 10.79 7.28 6.31
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - 1.48 3.81 4.50
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Best Rolling Return (%) - Annualized 40.23 23.26 19.87 12.35 9.12 7.83
Worst Rolling Return (%) - Annualized -24.76 -6.52 -2.06 1.35 3.47 4.06
% Positive Periods 75% 87% 95% 100% 100% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 86.39 29.50 18.85 10.79 7.28 6.31
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - 1.48 3.81 4.50
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Terms and Definitions
  • Annualized Portfolio Return: it's the annualized geometric mean return of the portfolio.
  • Deepest/Longest Drawdown: a drawdown refers to the decline in value from a relative peak value to a relative trough. The deepest (or maximum) drawdown is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained. The longest drawdown is the period observed from a peak to the subsequent peak with the greatest duration.
  • Longest negative period: it's the maximum period for which an overall negative return has been observed.
  • Standard Deviation: it's a measure of the dispersion of returns around the mean.
  • Sharpe Ratio: it's a measure of risk-adjusted performance of the portfolio. It's calculated by dividing the excess return of the portfolio over the risk-free rate by the portfolio standard deviation. The risk-free rate here considered is the 1-3 Mth T-Bill return.
  • Sortino Ratio: another measure of risk-adjusted performance of the portfolio. It's a modification of the Sharpe Ratio (same formula but the denominator is the portfolio downside standard deviation).
  • Ulcer Index: it's a measure of downside risk that quantifies the depth and duration of drawdowns in an investment portfolio.
  • Best/Worst 10Y returns: the best and the worst 10-year return over a time frame.
  • Rolling Returns: N-year returns over a time frame, calculated over all the available data source (best, worst, % of positive returns). Each rolling period, longer than the longest negative period, yielded a non-negative minimum return.
  • Safe Withdrawal Rate (SWR): it's the percentage of the initial portfolio balance that can be withdrawn at the beginning of each month with inflation adjustment, without the portfolio running out of money in any case (money amount withdrawal).
    For instance: Your initial invested capital is 100.000$; withdrawal rate (annualized) is 4%. This means that, in the first month, you will withdraw 100.000 * 4% * 1/12 = 333.33$. The second month, you’ll withdraw 333.33$ plus the inflation monthly rate. You’ll continue adjusting your withdraw monthly for inflation.
  • Perpetual Withdrawal Rate (PWR): it's the percentage of the initial portfolio balance that can be withdrawn at the beginning of each month with inflation adjustment, preserving the original invested capital, adjusted for inflation too.

Portfolio Components Correlation

Correlation measures to what degree the returns of the two assets move in relation to each other.

Correlation coefficient is a numerical value between -1 and +1. If one variable goes up by a certain amount, the correlation coefficient indicates which way the other variable moves and by how much.
Asset correlations are calculated based on monthly returns.
COMPONENTS MONTHLY CORRELATIONS
Monthly correlations as of 29 February 2024
Swipe left to see all data
Asset
VV
SCZ
IJR
EEM
VEU
VNQ
IEI
BIL
VV
-
0.86
0.77
0.85
0.91
0.86
0.46
0.26
SCZ
0.86
-
0.86
0.86
0.96
0.95
0.59
0.15
IJR
0.77
0.86
-
0.77
0.80
0.91
0.26
0.26
EEM
0.85
0.86
0.77
-
0.94
0.81
0.40
0.01
VEU
0.91
0.96
0.80
0.94
-
0.90
0.54
0.11
VNQ
0.86
0.95
0.91
0.81
0.90
-
0.49
0.33
IEI
0.46
0.59
0.26
0.40
0.54
0.49
-
0.03
BIL
0.26
0.15
0.26
0.01
0.11
0.33
0.03
-
Asset
VV
SCZ
IJR
EEM
VEU
VNQ
IEI
BIL
VV
-
0.90
0.87
0.73
0.88
0.85
0.20
-0.03
SCZ
0.90
-
0.88
0.84
0.97
0.84
0.25
-0.06
IJR
0.87
0.88
-
0.75
0.86
0.80
0.05
-0.14
EEM
0.73
0.84
0.75
-
0.92
0.67
0.23
-0.03
VEU
0.88
0.97
0.86
0.92
-
0.81
0.26
-0.02
VNQ
0.85
0.84
0.80
0.67
0.81
-
0.27
-0.11
IEI
0.20
0.25
0.05
0.23
0.26
0.27
-
0.15
BIL
-0.03
-0.06
-0.14
-0.03
-0.02
-0.11
0.15
-
Asset
VV
SCZ
IJR
EEM
VEU
VNQ
IEI
BIL
VV
-
0.87
0.85
0.69
0.86
0.75
0.07
-0.01
SCZ
0.87
-
0.81
0.80
0.95
0.70
0.13
-0.05
IJR
0.85
0.81
-
0.63
0.77
0.71
-0.06
-0.10
EEM
0.69
0.80
0.63
-
0.91
0.56
0.16
-0.02
VEU
0.86
0.95
0.77
0.91
-
0.68
0.14
0.00
VNQ
0.75
0.70
0.71
0.56
0.68
-
0.29
-0.09
IEI
0.07
0.13
-0.06
0.16
0.14
0.29
-
0.11
BIL
-0.01
-0.05
-0.10
-0.02
0.00
-0.09
0.11
-
Asset
VV
SCZ
IJR
EEM
VEU
VNQ
IEI
BIL
VV
-
0.74
0.82
0.73
0.83
0.62
-0.11
0.00
SCZ
0.74
-
0.72
0.77
0.90
0.61
-0.09
-0.09
IJR
0.82
0.72
-
0.71
0.76
0.65
-0.19
-0.05
EEM
0.73
0.77
0.71
-
0.87
0.53
-0.12
-0.04
VEU
0.83
0.90
0.76
0.87
-
0.60
-0.13
-0.04
VNQ
0.62
0.61
0.65
0.53
0.60
-
0.04
-0.01
IEI
-0.11
-0.09
-0.19
-0.12
-0.13
0.04
-
0.17
BIL
0.00
-0.09
-0.05
-0.04
-0.04
-0.01
0.17
-
Asset
VV
SCZ
IJR
EEM
VEU
VNQ
IEI
BIL
VV
-
0.80
0.84
0.71
0.76
0.61
0.09
0.00
SCZ
0.80
-
0.76
0.72
0.82
0.61
0.07
-0.03
IJR
0.84
0.76
-
0.66
0.68
0.67
0.02
-0.01
EEM
0.71
0.72
0.66
-
0.73
0.50
0.06
-0.03
VEU
0.76
0.82
0.68
0.73
-
0.54
0.06
0.00
VNQ
0.61
0.61
0.67
0.50
0.54
-
0.10
0.01
IEI
0.09
0.07
0.02
0.06
0.06
0.10
-
0.20
BIL
0.00
-0.03
-0.01
-0.03
0.00
0.01
0.20
-

If you want to learn more about historical correlations, you can find out here how the main asset class are correlated to each other.

Drawdowns

A drawdown refers to the decline in value from a relative peak value to a relative trough. A maximum drawdown is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained.

BOB CLYATT SANDWICH PORTFOLIO
Drawdown periods
Drawdown periods - Inflation Adjusted
Data Source: 1 March 1994 - 29 February 2024 (30 Years)
Data Source: 1 January 1976 - 29 February 2024 (~48 years)
Inflation Adjusted:
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-28.96% Nov 2007 Feb 2009 16 Apr 2010 14 30 12.89
-19.10% Jan 2022 Sep 2022 9 in progress 17 26 10.77
-10.75% Jan 2020 Mar 2020 3 Jul 2020 4 7 4.85
-9.56% May 2011 Sep 2011 5 Feb 2012 5 10 4.02
-9.04% May 1998 Aug 1998 4 Nov 1998 3 7 4.01
-7.14% Sep 2018 Dec 2018 4 Apr 2019 4 8 3.28
-6.93% Feb 2001 Sep 2001 8 Apr 2002 7 15 3.21
-6.62% Jun 2002 Sep 2002 4 May 2003 8 12 4.15
-5.67% May 2010 Jun 2010 2 Sep 2010 3 5 3.16
-5.03% Jun 2015 Feb 2016 9 Jun 2016 4 13 2.78
-4.69% Sep 2000 Nov 2000 3 Jan 2001 2 5 2.47
-4.49% Mar 1994 Jun 1994 4 Aug 1994 2 6 3.07
-4.32% May 2012 May 2012 1 Sep 2012 4 5 2.04
-3.91% Sep 1994 Nov 1994 3 Mar 1995 4 7 2.23
-3.88% Apr 2004 Apr 2004 1 Sep 2004 5 6 2.38
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-30.13% Nov 2007 Feb 2009 16 Oct 2010 20 36 13.54
-25.16% Sep 2021 Sep 2022 13 in progress 17 30 16.81
-10.58% Jan 2020 Mar 2020 3 Jul 2020 4 7 4.57
-10.56% May 2011 Sep 2011 5 Sep 2012 12 17 3.95
-9.75% Apr 1998 Aug 1998 5 Dec 1998 4 9 4.05
-9.31% Sep 2000 Mar 2003 31 May 2003 2 33 5.52
-8.08% Feb 2018 Dec 2018 11 Jun 2019 6 17 3.31
-5.88% Mar 1994 Nov 1994 9 May 1995 6 15 3.74
-5.35% May 2015 Jan 2016 9 Jul 2016 6 15 2.92
-4.05% Apr 2004 Jul 2004 4 Nov 2004 4 8 2.63
-3.62% Aug 1997 Aug 1997 1 Feb 1998 6 7 2.23
-3.32% Apr 2000 May 2000 2 Aug 2000 3 5 1.71
-3.03% May 2006 Jun 2006 2 Sep 2006 3 5 2.16
-2.85% May 2013 Jun 2013 2 Sep 2013 3 5 1.52
-2.81% Jul 1999 Sep 1999 3 Dec 1999 3 6 1.51
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-28.96% Nov 2007 Feb 2009 16 Apr 2010 14 30 12.89
-19.10% Jan 2022 Sep 2022 9 in progress 17 26 10.77
-15.85% Sep 1987 Nov 1987 3 Dec 1988 13 16 7.15
-10.75% Jan 2020 Mar 2020 3 Jul 2020 4 7 4.85
-10.22% Aug 1990 Sep 1990 2 Feb 1991 5 7 5.82
-9.56% May 2011 Sep 2011 5 Feb 2012 5 10 4.02
-9.04% May 1998 Aug 1998 4 Nov 1998 3 7 4.01
-8.94% Feb 1980 Mar 1980 2 May 1980 2 4 4.45
-7.72% Dec 1981 Jun 1982 7 Sep 1982 3 10 4.97
-7.64% Jun 1981 Sep 1981 4 Nov 1981 2 6 3.62
-7.14% Sep 2018 Dec 2018 4 Apr 2019 4 8 3.28
-6.93% Feb 2001 Sep 2001 8 Apr 2002 7 15 3.21
-6.91% Feb 1994 Jun 1994 5 Apr 1995 10 15 4.64
-6.80% Sep 1979 Oct 1979 2 Jan 1980 3 5 2.97
-6.62% Jun 2002 Sep 2002 4 May 2003 8 12 4.15
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-30.13% Nov 2007 Feb 2009 16 Oct 2010 20 36 13.54
-25.16% Sep 2021 Sep 2022 13 in progress 17 30 16.81
-16.65% Sep 1987 Nov 1987 3 Apr 1989 17 20 7.93
-15.29% Dec 1980 Jul 1982 20 Oct 1982 3 23 8.95
-14.89% Sep 1978 Mar 1980 19 Nov 1980 8 27 5.61
-13.15% Jan 1990 Sep 1990 9 Mar 1991 6 15 6.87
-10.58% Jan 2020 Mar 2020 3 Jul 2020 4 7 4.57
-10.56% May 2011 Sep 2011 5 Sep 2012 12 17 3.95
-9.75% Apr 1998 Aug 1998 5 Dec 1998 4 9 4.05
-9.31% Sep 2000 Mar 2003 31 May 2003 2 33 5.52
-8.52% Feb 1994 Nov 1994 10 Jun 1995 7 17 5.85
-8.08% Feb 2018 Dec 2018 11 Jun 2019 6 17 3.31
-7.60% Jul 1983 May 1984 11 Sep 1984 4 15 3.48
-5.35% May 2015 Jan 2016 9 Jul 2016 6 15 2.92
-5.08% Jan 1977 Feb 1978 14 Apr 1978 2 16 3.13

Rolling Returns

( more details)

A rolling return is a measure of investment performance that calculates the return of an investment over a set period of time, with the starting date rolling forward. This approach can provide a more accurate representation of the investment's historical performance and helps investors to evaluate the investment's consistency over time.

BOB CLYATT SANDWICH PORTFOLIO
Annualized Rolling Returns
Annualized Rolling Returns - Inflation Adjusted
Data Source: 1 March 1994 - 29 February 2024 (30 Years)
Data Source: 1 January 1976 - 29 February 2024 (~48 years)
Inflation Adjusted:
Swipe left to see all data
Rolling
Period
Worst Period
15th Percentile
50th Percentile
85th Percentile
Best Period
Latest Negative
Periods
Ann.
Return
From
To
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
From
To
Growth
of 1$
1Y -24.75 03/2008
02/2009
0.75$ -0.14 0.99$ 8.58 1.08$ 14.93 1.14$ 35.08 03/2009
02/2010
1.35$ 10.35 15.76%
2Y -11.72 03/2007
02/2009
0.77$ 1.34 1.02$ 7.93 1.16$ 12.37 1.26$ 25.10 03/2009
02/2011
1.56$ 0.69 11.87%
3Y -4.49 03/2006
02/2009
0.87$ 3.10 1.09$ 7.42 1.23$ 11.42 1.38$ 17.78 03/2009
02/2012
1.63$ 1.30 1.54%
5Y 1.29 03/2004
02/2009
1.06$ 4.60 1.25$ 6.87 1.39$ 10.32 1.63$ 14.43 11/2002
10/2007
1.96$ 5.12 0.00%
7Y 4.24 11/2016
10/2023
1.33$ 5.94 1.49$ 7.03 1.60$ 8.75 1.79$ 10.24 03/2009
02/2016
1.97$ 5.25 0.00%
10Y 4.17 11/2013
10/2023
1.50$ 5.66 1.73$ 7.44 2.05$ 8.94 2.35$ 9.81 01/1995
12/2004
2.54$ 5.04 0.00%
15Y 4.55 10/2007
09/2022
1.94$ 6.40 2.53$ 7.35 2.89$ 7.97 3.15$ 8.65 02/2003
01/2018
3.46$ 8.02 0.00%
20Y 6.14 11/2003
10/2023
3.29$ 6.87 3.77$ 7.30 4.09$ 7.91 4.58$ 8.47 12/1994
11/2014
5.08$ 6.30 0.00%
30Y 7.03 03/1994
02/2024
7.68$ 7.03 7.68$ 7.03 7.68$ 7.03 7.68$ 7.03 03/1994
02/2024
7.68$ 7.03 0.00%
Annualized rolling and percentiles/median returns over full calendar month periods
Swipe left to see all data
Rolling
Period
Worst Period
15th Percentile
50th Percentile
85th Percentile
Best Period
Latest Negative
Periods
Ann.
Return
From
To
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
From
To
Growth
of 1$
1Y -24.76 03/2008
02/2009
0.75$ -2.32 0.97$ 6.10 1.06$ 12.23 1.12$ 32.24 03/2009
02/2010
1.32$ 6.96 23.50%
2Y -13.50 03/2007
02/2009
0.74$ -0.70 0.98$ 5.63 1.11$ 9.68 1.20$ 22.48 03/2009
02/2011
1.50$ -3.70 17.51%
3Y -6.52 03/2006
02/2009
0.81$ 0.42 1.01$ 5.24 1.16$ 8.69 1.28$ 15.03 03/2009
02/2012
1.52$ -4.14 14.15%
5Y -1.31 03/2004
02/2009
0.93$ 2.08 1.10$ 4.74 1.26$ 7.68 1.44$ 11.93 03/2009
02/2014
1.75$ 0.89 4.32%
7Y 0.72 11/2016
10/2023
1.05$ 3.67 1.28$ 5.05 1.41$ 6.16 1.51$ 8.52 03/2009
02/2016
1.77$ 1.66 0.00%
10Y 1.35 11/2013
10/2023
1.14$ 3.73 1.44$ 5.19 1.65$ 6.28 1.83$ 7.60 03/2009
02/2019
2.08$ 2.16 0.00%
15Y 2.13 10/2007
09/2022
1.37$ 4.30 1.88$ 4.97 2.06$ 5.51 2.23$ 6.43 02/2003
01/2018
2.54$ 5.32 0.00%
20Y 3.47 11/2003
10/2023
1.97$ 4.46 2.39$ 5.01 2.65$ 5.53 2.93$ 6.04 03/1995
02/2015
3.23$ 3.62 0.00%
30Y 4.39 03/1994
02/2024
3.62$ 4.39 3.62$ 4.39 3.62$ 4.39 3.62$ 4.39 03/1994
02/2024
3.62$ 4.39 0.00%
Annualized rolling and percentiles/median returns over full calendar month periods
Swipe left to see all data
Rolling
Period
Worst Period
15th Percentile
50th Percentile
85th Percentile
Best Period
Latest Negative
Periods
Ann.
Return
From
To
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
From
To
Growth
of 1$
1Y -24.75 03/2008
02/2009
0.75$ 0.48 1.00$ 9.74 1.09$ 18.36 1.18$ 43.70 07/1982
06/1983
1.43$ 10.35 13.23%
2Y -11.72 03/2007
02/2009
0.77$ 3.79 1.07$ 9.71 1.20$ 14.76 1.31$ 31.66 07/1984
06/1986
1.73$ 0.69 7.21%
3Y -4.49 03/2006
02/2009
0.87$ 4.76 1.14$ 9.54 1.31$ 13.97 1.48$ 26.97 08/1984
07/1987
2.04$ 1.30 0.92%
5Y 1.29 03/2004
02/2009
1.06$ 5.38 1.29$ 9.39 1.56$ 13.62 1.89$ 23.63 08/1982
07/1987
2.88$ 5.12 0.00%
7Y 4.24 11/2016
10/2023
1.33$ 6.26 1.52$ 8.96 1.82$ 14.03 2.50$ 19.44 08/1982
07/1989
3.46$ 5.25 0.00%
10Y 4.17 11/2013
10/2023
1.50$ 6.47 1.87$ 8.93 2.35$ 14.35 3.82$ 16.53 08/1982
07/1992
4.61$ 5.04 0.00%
15Y 4.55 10/2007
09/2022
1.94$ 6.97 2.74$ 9.08 3.68$ 13.31 6.52$ 15.02 08/1982
07/1997
8.15$ 8.02 0.00%
20Y 6.14 11/2003
10/2023
3.29$ 7.20 4.01$ 8.72 5.32$ 12.53 10.60$ 13.36 03/1978
02/1998
12.28$ 6.30 0.00%
30Y 6.68 11/1993
10/2023
6.96$ 8.05 10.21$ 9.91 17.01$ 10.98 22.76$ 11.84 11/1977
10/2007
28.70$ 7.03 0.00%
Annualized rolling and percentiles/median returns over full calendar month periods
Swipe left to see all data
Rolling
Period
Worst Period
15th Percentile
50th Percentile
85th Percentile
Best Period
Latest Negative
Periods
Ann.
Return
From
To
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
From
To
Growth
of 1$
1Y -24.76 03/2008
02/2009
0.75$ -2.87 0.97$ 6.00 1.05$ 14.29 1.14$ 40.23 07/1982
06/1983
1.40$ 6.96 24.69%
2Y -13.50 03/2007
02/2009
0.74$ -0.06 0.99$ 5.71 1.11$ 11.28 1.23$ 28.18 07/1984
06/1986
1.64$ -3.70 15.32%
3Y -6.52 03/2006
02/2009
0.81$ 0.62 1.01$ 5.88 1.18$ 10.13 1.33$ 23.26 08/1984
07/1987
1.87$ -4.14 12.15%
5Y -2.06 07/1977
06/1982
0.90$ 2.41 1.12$ 5.78 1.32$ 9.57 1.57$ 19.87 08/1982
07/1987
2.47$ 0.89 4.82%
7Y 0.72 11/2016
10/2023
1.05$ 3.86 1.30$ 5.74 1.47$ 9.39 1.87$ 15.35 08/1982
07/1989
2.71$ 1.66 0.00%
10Y 1.35 11/2013
10/2023
1.14$ 4.33 1.52$ 6.22 1.82$ 8.86 2.33$ 12.35 08/1982
07/1992
3.20$ 2.16 0.00%
15Y 2.13 10/2007
09/2022
1.37$ 4.71 1.99$ 6.12 2.43$ 8.68 3.48$ 11.26 08/1982
07/1997
4.95$ 5.32 0.00%
20Y 3.47 11/2003
10/2023
1.97$ 4.86 2.58$ 6.03 3.22$ 8.11 4.75$ 9.12 04/1980
03/2000
5.73$ 3.62 0.00%
30Y 4.06 11/1993
10/2023
3.29$ 5.54 5.04$ 6.52 6.64$ 7.23 8.12$ 7.83 08/1982
07/2012
9.58$ 4.39 0.00%
Annualized rolling and percentiles/median returns over full calendar month periods

If you need a deeper detail about rolling returns, please refer to the Bob Clyatt Sandwich Portfolio: Rolling Returns page.

Seasonality

In which months is it better to invest in Bob Clyatt Sandwich Portfolio?

Both the Average Return and the Gain Frequency (Win %) are useful to get an idea of what happened in the past.
For further information about the seasonality, check the Asset Class Seasonality page.
Swipe left to see all data
Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Gain Frequency
0.22
40%
-1.01
40%
-0.72
60%
1.01
80%
-0.04
60%
0.75
80%
2.01
100%
-0.29
40%
-2.56
20%
0.74
60%
3.48
80%
1.94
80%
Best 5.3
2023
1.4
2024
1.8
2023
5.1
2020
2.6
2020
3.6
2019
4.4
2022
2.8
2020
1.1
2019
2.8
2022
6.5
2020
4.6
2023
Worst -3.5
2022
-3.4
2020
-7.2
2020
-4.9
2022
-2.8
2019
-4.6
2022
0.0
2019
-3.4
2022
-6.6
2022
-2.1
2023
-1.5
2021
-2.5
2022
Monthly Seasonality over the period Feb 1976 - Feb 2024
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Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Gain Frequency
0.80
60%
-0.29
50%
0.17
70%
0.75
80%
0.39
80%
0.50
70%
1.50
90%
-0.17
50%
-1.51
30%
0.40
60%
2.07
80%
0.67
60%
Best 5.3
2023
2.1
2015
4.6
2016
5.1
2020
2.6
2020
3.6
2019
4.4
2022
2.8
2020
1.1
2017
3.4
2015
6.5
2020
4.6
2023
Worst -3.5
2022
-3.4
2020
-7.2
2020
-4.9
2022
-2.8
2019
-4.6
2022
-1.2
2014
-3.4
2015
-6.6
2022
-4.4
2018
-1.5
2021
-3.6
2018
Monthly Seasonality over the period Feb 1976 - Feb 2024
Swipe left to see all data
Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Gain Frequency
1.00
63%
0.30
57%
0.71
75%
1.27
81%
0.69
65%
0.69
65%
0.96
67%
0.49
65%
-0.01
58%
0.37
60%
1.51
75%
1.47
77%
Best 7.3
1987
5.7
1986
5.3
2009
6.8
2009
5.6
1990
3.9
1988
5.4
2009
7.7
1982
5.4
2010
8.1
1982
6.5
2020
8.8
1991
Worst -6.4
2009
-5.9
2009
-7.2
2020
-4.9
2022
-4.4
2010
-4.6
2022
-3.3
2002
-7.0
1998
-6.6
2022
-12.0
1987
-2.7
1994
-3.6
2018
Monthly Seasonality over the period Feb 1976 - Feb 2024

Monthly Returns

This section provides a visual/tabular representation of the performance variability in the Bob Clyatt Sandwich Portfolio over time. It illustrates the distribution of monthly returns, showcasing the range and frequency of positive and negative returns.

BOB CLYATT SANDWICH PORTFOLIO
Monthly Returns Distribution
Data Source: 1 March 1994 - 29 February 2024 (30 Years)
Data Source: 1 January 1976 - 29 February 2024 (~48 years)
239 Positive Months (66%) - 121 Negative Months (34%)
389 Positive Months (67%) - 189 Negative Months (33%)
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(Scroll down to see all data)
Investment Returns, up to December 2007, have been derived using the historical series of equivalent ETFs / Assets, instead of the actual ETFs of the portfolio.
You can find additional information on extended Data Sources here.

In particular, the series derived from equivalent datasets are:
  • VV - Vanguard Large-Cap (VV), up to December 2004
  • SCZ - iShares MSCI EAFE Small-Cap (SCZ), up to December 2007
  • IJR - iShares Core S&P Small-Cap (IJR), up to December 2000
  • EEM - iShares MSCI Emerging Markets (EEM), up to December 2003
  • VEU - Vanguard FTSE All-World ex-US (VEU), up to December 2007
  • VNQ - Vanguard Real Estate (VNQ), up to December 2004
  • IEI - iShares 3-7 Year Treasury Bond (IEI), up to December 2007
  • BIL - SPDR Blmbg Barclays 1-3 Mth T-Bill (BIL), up to December 2007

Portfolio efficiency

The following portfolios granted a higher return over 30 Years and a less severe drawdown at the same time.

Swipe left to see all data
Allocation
30 Years Stats (%)
Portfolio Author Stocks Bonds Comm Ann.
Return
Standard
Deviation
Ulcer
Index
Deepest
Drawdown
Longest
Drawdown
Longest
Neg.Period
Avg
Rank
Shield Strategy Aim Ways 42 38 20 +8.74 8.84 5.61 -19.36 39 44
Stocks/Bonds 40/60 Momentum 40 60 0 +8.06 7.02 5.23 -21.11 30 46
Couch Potato Scott Burns 50 50 0 +8.04 8.75 5.21 -27.04 33 62
Gold Pivot Ptf Aim Ways 22 44 34 +7.76 8.20 4.24 -19.49 39 39
In Saecula Saeculorum Fulvio Marchese 45 45 10 +7.72 7.83 4.45 -20.39 33 43
Golden Butterfly Tyler 40 40 20 +7.56 7.73 3.59 -17.79 26 39
Aim comfortable trip Aim Ways 40 45 15 +7.42 7.59 3.73 -20.15 24 39
All Weather Portfolio Ray Dalio 30 55 15 +7.34 7.40 4.35 -20.58 26 46
Marc Faber Portfolio Marc Faber 50 25 25 +7.25 9.66 5.39 -28.82 26 41
Sandwich Portfolio Bob Clyatt 55 45 0 +7.03 8.32 5.22 -28.96 30 50

In the following table, you can compare the current portfolio with a list of famous portfolios. Metrics are calculated over the last 30 Years.

Swipe left to see all data
Allocation
30 Years Stats (%)
Portfolio Author Stocks Bonds Comm Ann.
Return
Standard
Deviation
Ulcer
Index
Deepest
Drawdown
Longest
Drawdown
Longest
Neg.Period
Avg
Rank
US Stocks 100 0 0 +10.22 15.55 14.31 -50.84 67 139
Stocks/Bonds 80/20 80 20 0 +9.29 12.51 10.40 -41.09 59 122
Stocks/Bonds 60/40 60 40 0 +8.22 9.62 6.91 -30.55 41 110
Weird Portfolio Value Stock Geek 60 20 20 +8.09 10.84 6.58 -32.97 29 47
Couch Potato Scott Burns 50 50 0 +8.04 8.75 5.21 -27.04 33 62
Core Four Rick Ferri 80 20 0 +8.04 12.21 9.88 -44.44 42 116
Yale Endowment David Swensen 70 30 0 +7.80 10.83 7.46 -40.68 38 62
Three Funds Bogleheads 80 20 0 +7.78 12.39 10.84 -43.68 57 118
Golden Butterfly Tyler 40 40 20 +7.56 7.73 3.59 -17.79 26 39
Coffeehouse Bill Schultheis 60 40 0 +7.50 9.72 6.15 -33.93 36 62
All Weather Portfolio Ray Dalio 30 55 15 +7.34 7.40 4.35 -20.58 26 46
Pinwheel 65 25 10 +7.20 10.50 6.58 -36.89 36 51
Sandwich Portfolio Bob Clyatt 55 45 0 +7.03 8.32 5.22 -28.96 30 50
Stocks/Bonds 40/60 40 60 0 +7.00 6.99 4.22 -19.17 33 50
Ivy Portfolio Mebane Faber 60 20 20 +6.89 11.58 9.24 -47.39 56 93
Ideal Index Frank Armstrong 70 30 0 +6.70 10.68 7.58 -40.11 40 62
7Twelve Portfolio Craig Israelsen 50 33.3 16.7 +6.63 9.77 7.04 -37.96 37 73
Desert Portfolio Gyroscopic Investing 30 60 10 +6.60 5.50 2.66 -14.72 26 38
Permanent Portfolio Harry Browne 25 50 25 +6.47 6.59 3.21 -15.92 26 40
Larry Portfolio Larry Swedroe 30 70 0 +5.83 5.55 3.24 -15.96 33 52
Stocks/Bonds 20/80 20 80 0 +5.66 4.92 3.17 -16.57 26 50
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