Data Source: from January 1995 to December 2021
Last Update: 31 December 2021
The Burton Malkiel Mid-Fifties Portfolio is exposed for 80% on the Stock Market.
It's a Very High Risk portfolio and it can be replicated with 8 ETFs.
In the last 10 years, the portfolio obtained a 10.44% compound annual return, with a 10.64% standard deviation.
In the last 25 years, a 8.77% compound annual return, with a 13.11% standard deviation.
Asset Allocation and ETFs
The Burton Malkiel Mid-Fifties Portfolio has the following asset allocation:
The Burton Malkiel Mid-Fifties Portfolio can be replicated with the following ETFs:
| Weight | Ticker | ETF Name | Investment Themes | |
|---|---|---|---|---|
| 27.00 % | VTI | Vanguard Total Stock Market | Equity, U.S., Large Cap | |
| 14.00 % | EEM | iShares MSCI Emerging Markets | Equity, Emerging Markets, Large Cap | |
| 14.00 % | EFA | iShares MSCI EAFE | Equity, EAFE, Large Cap | |
| 12.50 % | VIG | Vanguard Dividend Appreciation | Equity, U.S., Large Cap | |
| 12.50 % | VNQ | Vanguard Real Estate | Real Estate, U.S. | |
| 7.50 % | EMB | iShares JP Morgan USD Em Mkts Bd | Bond, Emerging Markets, All-Term | |
| 7.50 % | LQD | iShares Investment Grade Corporate Bond | Bond, U.S., All-Term | |
| 5.00 % | BIL | SPDR Blmbg Barclays 1-3 Mth T-Bill | Bond, U.S., Ultra Short-Term |
Portfolio and ETF Returns
The Burton Malkiel Mid-Fifties Portfolio guaranteed the following returns.
| 1M | 3M | 6M | 1Y | 3Y(*) | 5Y(*) | 10Y(*) | 20Y(*) | 25Y(*) | |
|---|---|---|---|---|---|---|---|---|---|
| Burton Malkiel Mid-Fifties Portfolio | +4.28 | +6.53 | +5.03 | +15.75 | +16.98 | +12.13 | +10.44 | +9.05 | +8.77 |
| --- Inflation Adjusted return | +3.79 | +4.23 | +1.58 | +8.06 | +12.99 | +8.95 | +8.15 | +6.58 | +6.33 |
| Components | |||||||||
|
VTI Vanguard Total Stock Market |
+3.79 | +9.11 | +9.08 | +25.67 | +25.73 | +17.96 | +16.29 | +9.91 | +9.88 |
|
EEM iShares MSCI Emerging Markets |
+1.53 | -1.57 | -10.09 | -3.61 | +10.06 | +9.16 | +4.73 | +8.87 | +5.94 |
|
EFA iShares MSCI EAFE |
+4.41 | +2.84 | +1.71 | +11.46 | +13.53 | +9.55 | +7.92 | +6.26 | +5.22 |
|
VIG Vanguard Dividend Appreciation |
+6.52 | +12.34 | +11.98 | +23.77 | +22.79 | +17.25 | +14.44 | +10.05 | +10.22 |
|
VNQ Vanguard Real Estate |
+9.69 | +15.03 | +15.74 | +40.52 | +19.96 | +11.22 | +11.50 | +10.89 | +9.94 |
|
EMB iShares JP Morgan USD Em Mkts Bd |
+2.16 | +0.40 | -0.82 | -2.24 | +5.98 | +4.41 | +4.59 | +7.91 | +9.09 |
|
LQD iShares Investment Grade Corporate Bond |
-0.03 | +0.38 | -0.08 | -1.85 | +8.53 | +5.66 | +4.94 | +5.65 | +5.93 |
|
BIL SPDR Blmbg Barclays 1-3 Mth T-Bill |
0.00 | -0.03 | -0.04 | -0.10 | +0.77 | +0.95 | +0.45 | +1.12 | +1.86 |
- a rebalancing of the components at the beginning of each year (i.e. at every January 1st)
- the reinvestment of dividends
Inflation is updated to Dec 2021. Current inflation (annualized) is 1Y: 7.12% , 3Y: 3.53% , 5Y: 2.92% , 10Y: 2.12% , 20Y: 2.31% , 25Y: 2.29%
In 2021, the portfolio granted a 2.30% dividend yield. If you are interested in getting periodic income, please refer to the Burton Malkiel Mid-Fifties Portfolio: Dividend Yield page.
Historical Returns
Historical returns and stats of Burton Malkiel Mid-Fifties Portfolio. Total Returns and Inflation Adjusted Returns are both mentioned.
| Period | Return Dec 2021 update |
Return Inflation Adjusted |
Standard Deviation(*) |
Max Drawdown |
Months Pos - Neg |
|---|---|---|---|---|---|
|
1M
Dec 2021
|
+4.28%
|
+3.79%
|
0.00%
|
1 - 0
|
|
|
3M
|
+6.53%
|
+4.23%
|
-2.16%
Nov 2021 - Nov 2021
|
2 - 1
|
|
|
6M
|
+5.03%
|
+1.58%
|
-3.95%
Sep 2021 - Sep 2021
|
4 - 2
|
|
|
YTD
|
+15.75%
|
+8.06%
|
8.30%
|
-3.95%
Sep 2021 - Sep 2021
|
9 - 3
75% pos
|
|
1Y
|
+15.75%
|
+8.06%
|
8.30%
|
-3.95%
Sep 2021 - Sep 2021
|
9 - 3
75% pos
|
|
3Y
|
+16.98%
annualized
|
+12.99%
annualized
|
13.94%
|
-18.63%
Jan 2020 - Mar 2020
|
26 - 10
72% pos
|
|
5Y
|
+12.13%
annualized
|
+8.95%
annualized
|
12.10%
|
-18.63%
Jan 2020 - Mar 2020
|
44 - 16
73% pos
|
|
10Y
|
+10.44%
annualized
|
+8.15%
annualized
|
10.64%
|
-18.63%
Jan 2020 - Mar 2020
|
82 - 38
68% pos
|
|
20Y
|
+9.05%
annualized
|
+6.58%
annualized
|
12.94%
|
-46.21%
Nov 2007 - Feb 2009
|
159 - 81
66% pos
|
|
25Y
|
+8.77%
annualized
|
+6.33%
annualized
|
13.11%
|
-46.21%
Nov 2007 - Feb 2009
|
195 - 105
65% pos
|
|
MAX
01 Jan 1995
|
+9.52%
annualized
|
+7.02%
annualized
|
12.75%
|
-46.21%
Nov 2007 - Feb 2009
|
215 - 109
66% pos
|
Portfolio efficiency
Is the Burton Malkiel Mid-Fifties Portfolio actually efficient, compared to other Lazy Portfolios?
Best Classic Portfolios, with Very High Risk, ordered by 25 Years annualized return.
25 Years Stats |
% Allocation |
||||||
|---|---|---|---|---|---|---|---|
| Portfolio | Return▾ | Drawdown | Stocks | Bonds | Comm. | ||
| Technology |
+13.30% | -81.08% | 100 | 0 | 0 | Compare | |
| US Stocks |
+9.88% | -50.84% | 100 | 0 | 0 | Compare | |
| Warren Buffett Portfolio Warren Buffett |
+9.38% | -45.53% | 90 | 10 | 0 | Compare | |
| Aggressive Global Income |
+9.25% | -52.62% | 80 | 20 | 0 | Compare | |
| Stocks/Bonds 80/20 |
+9.17% | -41.09% | 80 | 20 | 0 | Compare | |
Our overall ratings, assigned to the Burton Malkiel Mid-Fifties Portfolio. The portfolio is classified as Very High Risk.
Less than 25%
25% - 49.99%
50% - 74.99%
At least 75%
| Very High Risk Portfolios |
All Portfolios |
||
|---|---|---|---|
| 25 Years Ann. Return (Inflation Adjusted) |
+8.77%
(+6.33%) |
Good : 3.2 / 5
|
Excellent : 4.1 / 5
|
| Standard Deviation over 25 Years |
13.11% |
Excellent : 4.4 / 5
|
Average : 2.6 / 5
|
| Maximum Drawdown over 25 Years |
-46.21% |
Excellent : 4.7 / 5
|
Bad : 2 / 5
|
| Easy to manage | 8 ETFs |
Bad : 1.5 / 5
|
Bad : 1.5 / 5
|
| Rating assigned considering all the Very High Risk Portfolios | Rating assigned considering all the Portfolios in the database |
Capital Growth
An investment of 1000$, since January 1997, now would be worth 8178.07$, with a total return of 717.81% (8.77% annualized).
The Inflation Adjusted Capital now would be 4643.71$, with a net total return of 364.37% (6.33% annualized).
Drawdowns
Worst drawdowns since January 1997 - Chart and Data
Drawdown period |
Recovery period |
Total |
||||
|---|---|---|---|---|---|---|
| Drawdown | Start | Bottom | #Months | End | #Months | #Months |
| -46.21% | Nov 2007 | Feb 2009 | 16 | Feb 2011 | 24 | 40 |
| -18.63% | Jan 2020 | Mar 2020 | 3 | Aug 2020 | 5 | 8 |
| -18.18% | May 1998 | Aug 1998 | 4 | Apr 1999 | 8 | 12 |
| -15.78% | May 2011 | Sep 2011 | 5 | Mar 2012 | 6 | 11 |
| -15.37% | Apr 2002 | Sep 2002 | 6 | Jun 2003 | 9 | 15 |
| -13.61% | Sep 2000 | Sep 2001 | 13 | Mar 2002 | 6 | 19 |
| -10.02% | Feb 2018 | Dec 2018 | 11 | Mar 2019 | 3 | 14 |
| -9.21% | May 2015 | Feb 2016 | 10 | Jun 2016 | 4 | 14 |
| -6.70% | Apr 2004 | Apr 2004 | 1 | Oct 2004 | 6 | 7 |
| -6.25% | Apr 2012 | May 2012 | 2 | Aug 2012 | 3 | 5 |
| -5.58% | Oct 1997 | Oct 1997 | 1 | Feb 1998 | 4 | 5 |
| -4.62% | Aug 1997 | Aug 1997 | 1 | Sep 1997 | 1 | 2 |
| -3.97% | Jun 2007 | Jul 2007 | 2 | Sep 2007 | 2 | 4 |
| -3.96% | May 2013 | Jun 2013 | 2 | Sep 2013 | 3 | 5 |
| -3.95% | Sep 2021 | Sep 2021 | 1 | Oct 2021 | 1 | 2 |
| -3.94% | May 2019 | May 2019 | 1 | Jun 2019 | 1 | 2 |
| -3.88% | Jul 1999 | Sep 1999 | 3 | Nov 1999 | 2 | 5 |
| -3.55% | Sep 2020 | Oct 2020 | 2 | Nov 2020 | 1 | 3 |
| -3.49% | May 2006 | May 2006 | 1 | Aug 2006 | 3 | 4 |
| -3.42% | Sep 2014 | Sep 2014 | 1 | Nov 2014 | 2 | 3 |
Rolling Returns ( more details)
Burton Malkiel Mid-Fifties Portfolio: annualized rolling and average returns
| Return (*) | Negative Periods |
|||
|---|---|---|---|---|
| Rolling Period | Average | Best | Worst | |
| 1 Year |
+10.16% |
+55.26% Mar 2009 - Feb 2010 |
-39.51% Mar 2008 - Feb 2009 |
19.17% |
| 2 Years |
+9.16% |
+36.93% Mar 2009 - Feb 2011 |
-22.12% Mar 2007 - Feb 2009 |
11.96% |
| 3 Years |
+8.72% |
+24.79% Mar 2009 - Feb 2012 |
-11.17% Mar 2006 - Feb 2009 |
11.42% |
| 5 Years |
+8.42% |
+19.21% Mar 2009 - Feb 2014 |
-1.65% Mar 2004 - Feb 2009 |
0.75% |
| 7 Years |
+8.23% |
+13.40% Mar 2009 - Feb 2016 |
+2.16% Mar 2002 - Feb 2009 |
0.00% |
| 10 Years |
+8.39% |
+12.73% Mar 2009 - Feb 2019 |
+3.48% Mar 1999 - Feb 2009 |
0.00% |
| 15 Years |
+8.17% |
+10.27% Feb 2003 - Jan 2018 |
+6.50% Apr 2005 - Mar 2020 |
0.00% |
| 20 Years |
+8.22% |
+9.71% Mar 1995 - Feb 2015 |
+6.51% 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 Mid-Fifties Portfolio: Rolling Returns page.
Seasonality
Burton Malkiel Mid-Fifties 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 % |
0.34 48% |
0.22 63% |
1.00 78% |
2.32 81% |
0.40 59% |
0.57 67% |
1.04 63% |
-0.27 59% |
0.05 63% |
0.75 63% |
1.50 70% |
2.02 81% |
| Best Year |
7.6 2019 |
5.4 1998 |
7.5 2009 |
11.7 2009 |
7.1 2009 |
5.1 2019 |
7.9 2009 |
3.7 2020 |
7.1 2010 |
9.9 2011 |
9.4 2020 |
7.6 2008 |
| Worst Year |
-9.2 2009 |
-9.7 2009 |
-13.0 2020 |
-6.7 2004 |
-6.8 2010 |
-7.3 2008 |
-7.1 2002 |
-14.5 1998 |
-8.8 2001 |
-18.4 2008 |
-6.0 2008 |
-5.7 2018 |
For further information about the seasonality, check the Asset Class Seasonality page.
Monthly/Yearly Returns
Burton Malkiel Mid-Fifties Portfolio monthly and yearly returns: how is the distribution of the returns recorded so far?
Yearly Return(%) |
Monthly Return(%) |
|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year | Total | Infl.Adj | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
| 2021 |
+15.75 | +8.06 | -0.4 | 1.5 | 2.5 | 3.8 | 1.3 | 1.2 | 0.9 | 1.8 | -4.0 | 4.4 | -2.2 | 4.3 |
| 2020 |
+11.71 | +10.28 | -0.8 | -5.7 | -13.0 | 8.3 | 3.9 | 2.6 | 4.6 | 3.7 | -2.1 | -1.5 | 9.4 | 3.8 |
| 2019 |
+23.79 | +21.05 | 7.6 | 1.8 | 1.7 | 2.3 | -3.9 | 5.1 | 0.4 | -0.4 | 1.5 | 1.8 | 1.3 | 2.8 |
| 2018 |
-7.10 | -8.85 | 3.2 | -4.3 | -0.2 | -0.4 | 0.7 | -0.2 | 2.8 | 0.7 | 0.1 | -5.9 | 2.3 | -5.7 |
| 2017 |
+19.19 | +16.73 | 2.2 | 2.6 | 0.7 | 1.3 | 1.5 | 0.7 | 2.2 | 0.5 | 1.3 | 1.5 | 1.7 | 1.5 |
| 2016 |
+8.92 | +6.73 | -3.7 | -0.3 | 7.2 | 0.4 | 0.3 | 2.1 | 3.4 | -0.1 | 0.2 | -2.2 | -0.1 | 1.8 |
| 2015 |
-2.27 | -2.89 | 0.1 | 3.2 | -0.8 | 0.9 | -0.3 | -2.5 | 0.9 | -5.6 | -1.7 | 5.7 | -0.3 | -1.5 |
| 2014 |
+8.09 | +7.39 | -2.8 | 4.2 | 0.8 | 1.1 | 2.1 | 1.5 | -1.1 | 2.6 | -3.4 | 2.8 | 1.2 | -0.9 |
| 2013 |
+14.67 | +12.96 | 2.8 | 0.3 | 1.9 | 2.8 | -1.6 | -2.4 | 3.5 | -3.1 | 4.4 | 3.7 | 0.4 | 1.4 |
| 2012 |
+15.47 | +13.47 | 5.0 | 3.1 | 1.2 | -0.2 | -6.1 | 4.1 | 1.3 | 1.5 | 2.0 | -0.5 | 1.0 | 2.5 |
| 2011 |
-0.94 | -3.88 | 0.8 | 2.6 | 0.6 | 3.4 | -0.8 | -1.3 | -1.0 | -5.2 | -8.4 | 9.9 | -1.3 | 0.7 |
| 2010 |
+15.05 | +13.42 | -3.7 | 2.3 | 5.8 | 1.6 | -6.8 | -2.9 | 7.4 | -2.3 | 7.1 | 3.1 | -1.6 | 5.2 |
| 2009 |
+29.23 | +25.70 | -9.2 | -9.7 | 7.5 | 11.7 | 7.1 | -0.5 | 7.9 | 3.5 | 5.0 | -2.3 | 5.1 | 2.3 |
| 2008 |
-30.43 | -30.42 | -4.5 | -1.2 | 0.4 | 4.6 | 1.0 | -7.3 | -0.7 | -0.4 | -8.0 | -18.4 | -6.0 | 7.6 |
| 2007 |
+7.08 | +2.85 | 2.0 | -1.2 | 1.3 | 2.8 | 2.3 | -1.4 | -2.6 | 1.7 | 4.8 | 3.5 | -4.3 | -1.5 |
| 2006 |
+21.13 | +18.15 | 5.0 | 0.6 | 1.7 | 1.3 | -3.5 | 0.6 | 1.7 | 2.5 | 0.7 | 4.1 | 3.5 | 1.4 |
| 2005 |
+11.28 | +7.69 | -1.7 | 2.8 | -3.2 | 0.2 | 2.6 | 2.4 | 3.8 | 0.4 | 1.8 | -2.7 | 3.5 | 1.1 |
| 2004 |
+15.92 | +12.17 | 2.5 | 1.3 | 1.0 | -6.7 | 1.8 | 1.7 | -1.8 | 2.9 | 2.1 | 2.5 | 4.2 | 3.7 |
| 2003 |
+33.06 | +30.41 | -1.3 | -0.3 | 0.4 | 7.7 | 4.9 | 2.7 | 2.3 | 0.7 | 0.7 | 4.7 | 1.9 | 4.7 |
| 2002 |
-8.20 | -10.42 | -0.4 | 0.9 | 3.7 | -0.3 | -0.3 | -3.7 | -7.1 | 2.0 | -6.6 | 2.3 | 2.6 | -0.9 |
| 2001 |
+1.81 | +0.20 | 5.8 | -5.2 | -4.0 | 5.1 | 0.6 | 0.3 | -1.2 | -0.4 | -8.8 | 2.9 | 6.0 | 1.9 |
| 2000 |
-1.81 | -5.08 | -3.1 | 0.8 | 3.1 | -1.8 | -1.4 | 3.5 | 0.5 | 2.6 | -2.2 | -2.1 | -4.4 | 3.1 |
| 1999 |
+18.47 | +15.38 | -0.5 | -1.4 | 3.3 | 6.1 | -1.9 | 3.2 | -2.2 | -0.4 | -1.2 | 3.2 | 2.3 | 7.3 |
| 1998 |
+6.91 | +5.21 | -0.4 | 5.4 | 3.6 | 0.1 | -3.1 | 0.1 | -1.4 | -14.5 | 4.9 | 6.2 | 4.9 | 2.8 |
| 1997 |
+14.24 | +12.33 | 2.6 | 0.8 | -2.7 | 1.7 | 5.3 | 3.9 | 4.4 | -4.6 | 5.2 | -5.6 | 1.5 | 1.6 |
| 1996 |
+18.61 | +14.73 | 3.3 | 0.0 | 1.0 | 2.2 | 1.5 | 0.3 | -3.3 | 2.4 | 3.7 | 0.8 | 4.9 | 0.7 |
| 1995 |
+20.11 | +17.14 | -1.3 | 1.2 | 1.6 | 2.8 | 3.6 | 1.4 | 2.9 | 0.1 | 2.3 | -1.6 | 2.7 | 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
- EEM - iShares MSCI Emerging Markets: simulated historical serie, up to December 2003
- EFA - iShares MSCI EAFE: 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
- 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
- BIL - SPDR Blmbg Barclays 1-3 Mth T-Bill: simulated historical serie, up to December 2007