Data Source: from January 1995 to September 2021
Last Update: 30 September 2021
The Burton Malkiel Late Sixties and Beyond Portfolio is exposed for 71% on the Stock Market.
It's a High Risk portfolio and it can be replicated with 8 ETFs.
In the last 10 years, the portfolio obtained a 10.02% compound annual return, with a 9.78% standard deviation.
In the last 25 years, a 8.64% compound annual return, with a 11.72% standard deviation.
In 2020, the portfolio granted a 2.27% dividend yield. If you are interested in getting periodic income, please refer to the Burton Malkiel Late Sixties and Beyond Portfolio: Dividend Yield page.
Asset Allocation and ETFs
The Burton Malkiel Late Sixties and Beyond Portfolio has the following asset allocation:
The Burton Malkiel Late Sixties and Beyond Portfolio can be replicated with the following ETFs:
| Weight | Ticker | ETF Name | Investment Themes | |
|---|---|---|---|---|
| 20.00 % | VTI | Vanguard Total Stock Market | Equity, U.S., Large Cap | |
| 16.00 % | VIG | Vanguard Dividend Appreciation | Equity, U.S., Large Cap | |
| 15.00 % | VNQ | Vanguard Real Estate | Real Estate, U.S. | |
| 10.00 % | EEM | iShares MSCI Emerging Markets | Equity, Emerging Markets, Large Cap | |
| 10.00 % | EFA | iShares MSCI EAFE | Equity, EAFE, Large Cap | |
| 10.00 % | BIL | SPDR Blmbg Barclays 1-3 Mth T-Bill | Bond, U.S., Ultra Short-Term | |
| 9.50 % | EMB | iShares JP Morgan USD Em Mkts Bd | Bond, Emerging Markets, All-Term | |
| 9.50 % | LQD | iShares Investment Grade Corporate Bond | Bond, U.S., All-Term |
Portfolio and ETF Returns
The Burton Malkiel Late Sixties and Beyond Portfolio guaranteed the following returns.
| 1M | 3M | 6M | 1Y | 3Y(*) | 5Y(*) | 10Y(*) | 20Y(*) | 25Y(*) | |
|---|---|---|---|---|---|---|---|---|---|
| Burton Malkiel Late Sixties and Beyond Portfolio | -3.79 | -1.06 | +4.96 | +19.24 | +10.32 | +9.66 | +10.02 | +8.89 | +8.64 |
| Components | |||||||||
|
VTI Vanguard Total Stock Market |
-4.46 | -0.03 | +8.10 | +32.16 | +16.05 | +16.88 | +16.60 | +10.07 | +9.79 |
|
VIG Vanguard Dividend Appreciation |
-4.99 | -0.32 | +5.37 | +21.46 | +13.62 | +15.04 | +14.48 | +10.31 | +10.00 |
|
VNQ Vanguard Real Estate |
-5.68 | +0.62 | +12.29 | +33.49 | +11.96 | +7.52 | +11.52 | +10.37 | +10.07 |
|
EEM iShares MSCI Emerging Markets |
-3.87 | -8.65 | -5.14 | +15.96 | +7.76 | +8.29 | +5.81 | +10.20 | +6.12 |
|
EFA iShares MSCI EAFE |
-3.26 | -1.10 | +4.22 | +25.44 | +7.53 | +8.64 | +8.13 | +6.44 | +5.10 |
|
BIL SPDR Blmbg Barclays 1-3 Mth T-Bill |
+0.01 | -0.01 | -0.04 | -0.06 | +0.96 | +0.96 | +0.45 | +1.15 | +1.92 |
|
EMB iShares JP Morgan USD Em Mkts Bd |
-2.64 | -1.22 | +3.01 | +3.20 | +5.43 | +3.36 | +5.14 | +8.56 | +9.45 |
|
LQD iShares Investment Grade Corporate Bond |
-1.51 | -0.45 | +3.45 | +1.11 | +8.18 | +4.75 | +5.18 | +5.62 | +6.06 |
- a rebalancing of the components at the beginning of each year (i.e. at every January 1st)
- the reinvestment of dividends
If you are interested in getting periodic income, please refer to the Burton Malkiel Late Sixties and Beyond Portfolio: Dividend Yield page.
Historical Returns
Burton Malkiel Late Sixties and Beyond Portfolio - Historical returns and stats.
| Period | Returns Sep 2021 |
Standard Deviation * |
Max Drawdown |
Months Pos - Neg |
|---|---|---|---|---|
|
1M
|
-3.79%
|
-3.79%
Sep 2021 - Sep 2021
|
0 - 1 | |
|
3M
|
-1.06%
|
-3.79%
Sep 2021 - Sep 2021
|
2 - 1 | |
|
6M
|
+4.96%
|
-3.79%
Sep 2021 - Sep 2021
|
5 - 1 | |
|
YTD
|
+8.15%
|
-3.79%
Sep 2021 - Sep 2021
|
7 - 2 | |
|
1Y
|
+19.24%
|
9.90%
|
-3.79%
Sep 2021 - Sep 2021
|
9 - 3 |
|
3Y
|
+10.32%
annualized
|
13.29%
|
-16.82%
Jan 2020 - Mar 2020
|
26 - 10 |
|
5Y
|
+9.66%
annualized
|
10.78%
|
-16.82%
Jan 2020 - Mar 2020
|
45 - 15 |
|
10Y
|
+10.02%
annualized
|
9.78%
|
-16.82%
Jan 2020 - Mar 2020
|
86 - 34 |
|
20Y
|
+8.89%
annualized
|
11.65%
|
-41.80%
Nov 2007 - Feb 2009
|
167 - 73 |
|
25Y
|
+8.64%
annualized
|
11.72%
|
-41.80%
Nov 2007 - Feb 2009
|
204 - 96 |
|
MAX
01 Jan 1995
|
+9.23%
annualized
|
11.43%
|
-41.80%
Nov 2007 - Feb 2009
|
221 - 100 |
Best Classic Portfolios, with High Risk, ordered by 25 Years annualized return.
25 Years Stats |
% Allocation |
||||||
|---|---|---|---|---|---|---|---|
| Portfolio | Return▾ | Drawdown | Stocks | Bonds | Comm. | ||
| Yale Endowment David Swensen |
+8.94% | -39.46% | 70 | 30 | 0 | Compare | |
| Simple Path to Wealth JL Collins |
+8.92% | -38.54% | 75 | 25 | 0 | Compare | |
| Talmud Portfolio Roger Gibson |
+8.85% | -40.18% | 66.67 | 33.33 | 0 | Compare | |
| Late Sixties and Beyond Burton Malkiel |
+8.64% | -41.80% | 71 | 29 | 0 | ||
| Lazy Portfolio David Swensen |
+8.43% | -40.88% | 70 | 30 | 0 | Compare | |
Capital Growth
Drawdowns
Rolling Returns ( more details)
Burton Malkiel Late Sixties and Beyond Portfolio: annualized rolling and average returns
| Return (*) | Negative Periods |
|||
|---|---|---|---|---|
| Rolling Period | Average | Best | Worst | |
| 1 Year |
+9.74% |
+49.65% Mar 2009 - Feb 2010 |
-35.62% Mar 2008 - Feb 2009 |
16.45% |
| 2 Years |
+8.96% |
+33.68% Mar 2009 - Feb 2011 |
-20.08% Mar 2007 - Feb 2009 |
9.73% |
| 3 Years |
+8.55% |
+23.17% Mar 2009 - Feb 2012 |
-9.77% Mar 2006 - Feb 2009 |
8.39% |
| 5 Years |
+8.32% |
+17.95% Mar 2009 - Feb 2014 |
-1.13% Mar 2004 - Feb 2009 |
0.76% |
| 7 Years |
+8.21% |
+12.90% Apr 2009 - Mar 2016 |
+2.45% Mar 2002 - Feb 2009 |
0.00% |
| 10 Years |
+8.29% |
+12.03% Mar 2009 - Feb 2019 |
+4.07% Mar 1999 - Feb 2009 |
0.00% |
| 15 Years |
+8.12% |
+9.65% Feb 2003 - Jan 2018 |
+6.42% Apr 2005 - Mar 2020 |
0.00% |
| 20 Years |
+8.19% |
+9.70% Mar 1995 - Feb 2015 |
+6.85% Apr 2000 - Mar 2020 |
0.00% |
* Annualized rolling and average returns over full calendar month periods
If you need a deeper detail about rolling returns, please refer to the Burton Malkiel Late Sixties and Beyond Portfolio: Rolling Returns page.
Seasonality and Yearly/Monthly Returns
Burton Malkiel Late Sixties and Beyond Portfolio Seasonality: in which months is it better to invest?
In the table below, the average monthly return is represented.
Below each return, it's also mentioned the probability of obtaining a positive monthly result (Win %).
Both the Average Return and the Gain Frequency are useful to get an idea of what happened in the past.
| Monthly Average Return (%) and Gain Frequency | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Return (%) | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
| Average Win % |
0.42 48% |
0.21 70% |
0.92 78% |
2.12 89% |
0.48 59% |
0.58 70% |
1.07 63% |
-0.09 67% |
0.09 63% |
0.50 62% |
1.48 73% |
1.80 85% |
| Best Year |
7.0 2019 |
4.5 1998 |
6.5 2016 |
10.8 2009 |
5.9 2009 |
4.6 2019 |
7.1 2009 |
3.7 2009 |
6.0 2010 |
8.9 2011 |
8.4 2020 |
7.6 2008 |
| Worst Year |
-8.6 2009 |
-9.3 2009 |
-12.1 2020 |
-7.0 2004 |
-5.9 2010 |
-6.6 2008 |
-6.5 2002 |
-13.3 1998 |
-8.0 2001 |
-17.1 2008 |
-5.1 2008 |
-5.1 2018 |
For further information about the seasonality, check the Asset Class Seasonality page.
Monthly Returns of Burton Malkiel Late Sixties and Beyond Portfolio
| Months | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year | Return | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
| 2021 |
+8.15% | -0.6 | 1.2 | 2.5 | 3.7 | 1.2 | 1.2 | 1.2 | 1.6 | -3.8 | |||
| 2020 |
+10.03% | -0.3 | -5.1 | -12.1 | 7.5 | 3.5 | 2.3 | 4.1 | 3.1 | -1.8 | -1.5 | 8.4 | 3.2 |
| 2019 |
+22.55% | 7.0 | 1.7 | 1.8 | 2.0 | -3.1 | 4.6 | 0.6 | 0.2 | 1.2 | 1.4 | 1.1 | 2.4 |
| 2018 |
-5.90% | 2.4 | -4.0 | 0.0 | -0.4 | 0.9 | 0.0 | 2.5 | 0.8 | 0.2 | -5.1 | 2.2 | -5.1 |
| 2017 |
+16.49% | 1.8 | 2.5 | 0.4 | 1.2 | 1.2 | 0.7 | 1.8 | 0.5 | 1.1 | 1.2 | 1.7 | 1.3 |
| 2016 |
+8.48% | -3.1 | 0.0 | 6.5 | 0.3 | 0.4 | 2.4 | 3.0 | -0.3 | 0.0 | -2.2 | -0.3 | 1.8 |
| 2015 |
-1.63% | 0.5 | 2.4 | -0.6 | 0.3 | -0.2 | -2.4 | 1.2 | -4.9 | -1.2 | 5.0 | -0.2 | -1.1 |
| 2014 |
+9.01% | -2.1 | 3.9 | 0.7 | 1.2 | 2.0 | 1.3 | -1.1 | 2.5 | -3.1 | 3.0 | 1.3 | -0.6 |
| 2013 |
+12.49% | 2.5 | 0.4 | 1.8 | 2.8 | -1.7 | -2.3 | 3.1 | -3.1 | 3.8 | 3.4 | 0.1 | 1.2 |
| 2012 |
+14.20% | 4.3 | 2.5 | 1.3 | 0.1 | -5.1 | 3.7 | 1.5 | 1.3 | 1.6 | -0.5 | 0.9 | 2.1 |
| 2011 |
+1.01% | 0.9 | 2.5 | 0.4 | 3.3 | -0.5 | -1.2 | -0.7 | -4.3 | -7.3 | 8.9 | -1.2 | 1.1 |
| 2010 |
+14.47% | -3.1 | 2.3 | 5.3 | 1.9 | -5.9 | -2.5 | 6.6 | -1.8 | 6.0 | 2.8 | -1.5 | 4.4 |
| 2009 |
+25.30% | -8.6 | -9.3 | 6.3 | 10.8 | 5.9 | -0.4 | 7.1 | 3.7 | 4.6 | -2.1 | 4.7 | 2.1 |
| 2008 |
-26.02% | -3.5 | -1.2 | 0.8 | 4.0 | 0.6 | -6.6 | -0.2 | 0.1 | -6.9 | -17.1 | -5.1 | 7.6 |
| 2007 |
+5.18% | 2.1 | -1.0 | 0.8 | 2.5 | 1.8 | -1.8 | -2.6 | 1.9 | 4.1 | 2.7 | -3.8 | -1.4 |
| 2006 |
+20.06% | 4.3 | 1.2 | 1.4 | 0.7 | -2.7 | 0.7 | 1.9 | 2.5 | 0.6 | 3.8 | 3.4 | 1.0 |
| 2005 |
+9.86% | -1.5 | 2.1 | -3.0 | 0.8 | 2.6 | 2.5 | 3.4 | 0.3 | 1.1 | -2.3 | 3.2 | 0.5 |
| 2004 |
+14.78% | 2.5 | 0.9 | 1.4 | -7.0 | 1.9 | 1.5 | -1.2 | 3.3 | 1.8 | 2.4 | 3.4 | 3.5 |
| 2003 |
+29.73% | -0.9 | 0.3 | 0.7 | 7.1 | 4.3 | 2.6 | 1.9 | -0.2 | 0.7 | 3.9 | 1.9 | 4.1 |
| 2002 |
-5.70% | -0.2 | 1.0 | 3.4 | 0.1 | -0.3 | -2.9 | -6.5 | 2.3 | -5.4 | 1.3 | 1.5 | 0.1 |
| 2001 |
+5.85% | 6.0 | -4.0 | -2.9 | 4.0 | 0.9 | 1.0 | -0.6 | 0.5 | -8.0 | 2.7 | 5.6 | 1.5 |
| 2000 |
+2.46% | -2.5 | 0.2 | 2.9 | -0.6 | -0.7 | 3.0 | 1.5 | 2.2 | -1.3 | -1.7 | -3.2 | 2.9 |
| 1999 |
+12.48% | -1.0 | -1.2 | 2.3 | 5.3 | -1.5 | 2.3 | -2.4 | -0.5 | -1.3 | 2.5 | 1.3 | 6.3 |
| 1998 |
+5.92% | -0.2 | 4.5 | 3.3 | 0.0 | -2.6 | 0.3 | -1.5 | -13.3 | 4.8 | 5.1 | 4.4 | 2.5 |
| 1997 |
+15.13% | 2.5 | 0.7 | -2.5 | 1.6 | 4.8 | 3.7 | 4.3 | -3.7 | 5.0 | -4.8 | 1.6 | 1.6 |
| 1996 |
+18.95% | 2.9 | -0.2 | 0.9 | 1.9 | 1.5 | 0.4 | -2.7 | 2.4 | 3.6 | 1.1 | 4.7 | 1.1 |
| 1995 |
+20.20% | -0.8 | 1.3 | 1.2 | 2.6 | 3.6 | 1.5 | 2.5 | 0.4 | 2.3 | -1.4 | 2.6 | 2.9 |
* Note: Portofolio Returns, up to December 2007, are simulated. They have been calculated using the historical series of equivalent ETFs / Assets, instead of the actual ETFs of the portfolio.
In particular, it has been used:
- VTI - Vanguard Total Stock Market: simulated historical serie, up to December 2001
- VIG - Vanguard Dividend Appreciation: simulated historical serie, up to December 2006
- VNQ - Vanguard Real Estate: simulated historical serie, up to December 2004
- EEM - iShares MSCI Emerging Markets: simulated historical serie, up to December 2003
- EFA - iShares MSCI EAFE: simulated historical serie, up to December 2001
- BIL - SPDR Blmbg Barclays 1-3 Mth T-Bill: simulated historical serie, up to December 2007
- EMB - iShares JP Morgan USD Em Mkts Bd: simulated historical serie, up to December 2007
- LQD - iShares Investment Grade Corporate Bond: simulated historical serie, up to December 2002