Data Source: from January 1995 to December 2021

Last Update: 31 December 2021

The Burton Malkiel Mid-Twenties Portfolio is exposed for 87% 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 10.76% compound annual return, with a 11.40% standard deviation.

In the last 25 years, a 8.55% compound annual return, with a 14.13% standard deviation.

Asset Allocation and ETFs

The Burton Malkiel Mid-Twenties Portfolio has the following asset allocation:

87% Stocks
13% Fixed Income
0% Commodities

The Burton Malkiel Mid-Twenties Portfolio can be replicated with the following ETFs:

Weight Ticker ETF Name Investment Themes
35.00 % VTI Vanguard Total Stock Market Equity, U.S., Large Cap
17.50 % EFA iShares MSCI EAFE Equity, EAFE, Large Cap
17.50 % EEM iShares MSCI Emerging Markets Equity, Emerging Markets, Large Cap
10.00 % VNQ Vanguard Real Estate Real Estate, U.S.
7.00 % VIG Vanguard Dividend Appreciation Equity, U.S., Large Cap
5.00 % BIL SPDR Blmbg Barclays 1-3 Mth T-Bill Bond, U.S., Ultra Short-Term
4.00 % EMB iShares JP Morgan USD Em Mkts Bd Bond, Emerging Markets, All-Term
4.00 % LQD iShares Investment Grade Corporate Bond Bond, U.S., All-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

The Burton Malkiel Mid-Twenties Portfolio guaranteed the following returns.

BURTON MALKIEL MID-TWENTIES PORTFOLIO RETURNS (%)
Last Update: 31 December 2021
Swipe left to see all data
1M 3M 6M 1Y 3Y(*) 5Y(*) 10Y(*) 20Y(*) 25Y(*)
Burton Malkiel Mid-Twenties Portfolio +4.07 +6.19 +4.41 +15.90 +17.58 +12.62 +10.76 +9.03 +8.55
--- Inflation Adjusted return +3.59 +3.90 +0.98 +8.20 +13.57 +9.43 +8.46 +6.57 +6.12
Components
VTI
Vanguard Total Stock Market
+3.79 +9.11 +9.08 +25.67 +25.73 +17.96 +16.29 +9.91 +9.88
EFA
iShares MSCI EAFE
+4.41 +2.84 +1.71 +11.46 +13.53 +9.55 +7.92 +6.26 +5.22
EEM
iShares MSCI Emerging Markets
+1.53 -1.57 -10.09 -3.61 +10.06 +9.16 +4.73 +8.87 +5.94
VNQ
Vanguard Real Estate
+9.69 +15.03 +15.74 +40.52 +19.96 +11.22 +11.50 +10.89 +9.94
VIG
Vanguard Dividend Appreciation
+6.52 +12.34 +11.98 +23.77 +22.79 +17.25 +14.44 +10.05 +10.22
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
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
(*) annualized
Portfolio returns are calculated assuming:
  • 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 2.22% dividend yield. If you are interested in getting periodic income, please refer to the Burton Malkiel Mid-Twenties Portfolio: Dividend Yield page.

Historical Returns

Historical returns and stats of Burton Malkiel Mid-Twenties Portfolio. Total Returns and Inflation Adjusted Returns are both mentioned.

BURTON MALKIEL MID-TWENTIES PORTFOLIO
Last Update: 31 December 2021
Swipe left to see all data
Period Return
Dec 2021
update
Return
Inflation
Adjusted
Standard
Deviation(*)
Max
Drawdown
Months
Pos - Neg
1M
Dec 2021
+4.07%
+3.59%
0.00%
1 - 0
3M
+6.19%
+3.90%
-2.36%
Nov 2021 - Nov 2021
2 - 1
6M
+4.41%
+0.98%
-3.98%
Sep 2021 - Sep 2021
4 - 2
YTD
+15.90%
+8.20%
8.35%
-3.98%
Sep 2021 - Sep 2021
9 - 3
75% pos
1Y
+15.90%
+8.20%
8.35%
-3.98%
Sep 2021 - Sep 2021
9 - 3
75% pos
3Y
+17.58%
annualized
+13.57%
annualized
14.76%
-19.79%
Jan 2020 - Mar 2020
26 - 10
72% pos
5Y
+12.62%
annualized
+9.43%
annualized
12.87%
-19.79%
Jan 2020 - Mar 2020
44 - 16
73% pos
10Y
+10.76%
annualized
+8.46%
annualized
11.40%
-19.79%
Jan 2020 - Mar 2020
82 - 38
68% pos
20Y
+9.03%
annualized
+6.57%
annualized
13.88%
-49.50%
Nov 2007 - Feb 2009
156 - 84
65% pos
25Y
+8.55%
annualized
+6.12%
annualized
14.13%
-49.50%
Nov 2007 - Feb 2009
191 - 109
64% pos
MAX
01 Jan 1995
+9.25%
annualized
+6.76%
annualized
13.74%
-49.50%
Nov 2007 - Feb 2009
211 - 113
65% pos
(*)Annualized St.Dev. of monthly returns

Portfolio efficiency

Is the Burton Malkiel Mid-Twenties 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

See all portfolios

Our overall ratings, assigned to the Burton Malkiel Mid-Twenties Portfolio. The portfolio is classified as Very High Risk.

Very High Risk
Bond weight:
Less than 25%
High Risk
Bond weight:
25% - 49.99%
Medium Risk
Bond weight:
50% - 74.99%
Low Risk
Bond weight:
At least 75%
Very High Risk
Portfolios
All
Portfolios
25 Years Ann. Return
(Inflation Adjusted)
+8.55%
(+6.12%)
Average : 2.9 / 5
Good : 4 / 5
Standard Deviation
over 25 Years
14.13%
Good : 3.9 / 5
Average : 2.4 / 5
Maximum Drawdown
over 25 Years
-49.50%
Good : 3.8 / 5
Bad : 1.8 / 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

Time Range:

An investment of 1000$, since January 1997, now would be worth 7777.55$, with a total return of 677.75% (8.55% annualized).

The Inflation Adjusted Capital now would be 4416.29$, with a net total return of 341.63% (6.12% annualized).

Drawdowns

Time Range:

Worst drawdowns since January 1997 - Chart and Data

Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months
-49.50% Nov 2007 Feb 2009 16 Apr 2011 26 42
-24.51% Sep 2000 Sep 2002 25 Oct 2003 13 38
-19.79% Jan 2020 Mar 2020 3 Aug 2020 5 8
-18.97% May 1998 Aug 1998 4 Mar 1999 7 11
-17.88% May 2011 Sep 2011 5 Sep 2012 12 17
-11.51% Feb 2018 Dec 2018 11 Apr 2019 4 15
-11.15% May 2015 Feb 2016 10 Jul 2016 5 15
-6.45% Aug 1997 Oct 1997 3 Feb 1998 4 7
-5.93% Apr 2004 Apr 2004 1 Oct 2004 6 7
-5.09% Apr 2000 May 2000 2 Aug 2000 3 5
-4.70% May 2019 May 2019 1 Jun 2019 1 2
-4.18% May 2006 May 2006 1 Sep 2006 4 5
-3.98% Sep 2021 Sep 2021 1 Oct 2021 1 2
-3.74% Sep 2020 Oct 2020 2 Nov 2020 1 3
-3.72% Mar 2005 Apr 2005 2 Jun 2005 2 4
-3.66% Jan 2000 Jan 2000 1 Mar 2000 2 3
-3.65% May 2013 Jun 2013 2 Jul 2013 1 3
-3.65% Sep 2014 Sep 2014 1 Feb 2015 5 6
-3.52% Jun 2007 Jul 2007 2 Sep 2007 2 4
-3.51% Jul 1999 Sep 1999 3 Oct 1999 1 4

Rolling Returns ( more details)

Burton Malkiel Mid-Twenties Portfolio: annualized rolling and average returns

Swipe left to see all data
Return (*) Negative
Periods
Rolling Period Average Best Worst
1 Year
+10.12% +58.57%
Mar 2009 - Feb 2010
-42.40%
Mar 2008 - Feb 2009
21.41%
2 Years
+8.96% +38.78%
Mar 2009 - Feb 2011
-23.64%
Mar 2007 - Feb 2009
15.95%
3 Years
+8.47% +25.36%
Mar 2009 - Feb 2012
-12.28%
Mar 2006 - Feb 2009
14.53%
5 Years
+8.12% +20.52%
Nov 2002 - Oct 2007
-2.15%
Mar 2004 - Feb 2009
1.89%
7 Years
+7.87% +13.41%
Mar 2009 - Feb 2016
+1.72%
Mar 2002 - Feb 2009
0.00%
10 Years
+8.09% +12.97%
Mar 2009 - Feb 2019
+2.58%
Mar 1999 - Feb 2009
0.00%
15 Years
+7.86% +10.50%
Feb 2003 - Jan 2018
+6.31%
Sep 2000 - Aug 2015
0.00%
20 Years
+7.86% +9.40%
Nov 2001 - Oct 2021
+5.83%
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-Twenties Portfolio: Rolling Returns page.

Seasonality

Burton Malkiel Mid-Twenties 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.

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
Win %
0.24
48%
0.23
63%
1.06
74%
2.44
78%
0.31
59%
0.53
63%
0.97
59%
-0.46
56%
0.02
63%
0.85
63%
1.59
74%
2.06
81%
Best
Year
7.9
2019
6.1
1998
8.4
2009
12.1
2009
8.1
2009
5.5
2019
8.3
2009
4.3
2020
8.0
2010
10.6
2011
10.1
2020
8.1
1999
Worst
Year
-9.5
2009
-9.7
2009
-13.5
2020
-5.9
2004
-7.5
2010
-7.7
2008
-7.5
2002
-15.0
1998
-9.2
2001
-19.1
2008
-7.1
2008
-6.2
2018
Statistics calculated for the period Jan 1995 - Dec 2021

For further information about the seasonality, check the Asset Class Seasonality page.

Monthly/Yearly Returns

Burton Malkiel Mid-Twenties Portfolio monthly and yearly returns: how is the distribution of the returns recorded so far?

MONTHLY RETURNS HISTOGRAM
211 Positive Months (65%) - 113 Negative Months (35%)
Jan 1995 - Dec 2021
Swipe left to see all data
Yearly Return(%)
Monthly Return(%)
Year Total Infl.Adj Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2021
+15.90 +8.20 0.0 1.9 2.4 3.8 1.3 1.2 0.5 1.9 -4.0 4.5 -2.4 4.1
2020
+12.95 +11.50 -1.3 -6.1 -13.5 8.7 4.1 2.9 4.8 4.3 -2.2 -1.5 10.1 4.3
2019
+24.15 +21.40 7.9 1.8 1.6 2.6 -4.7 5.5 0.1 -1.1 1.7 2.2 1.6 3.2
2018
-7.95 -9.69 4.0 -4.4 -0.4 -0.2 0.6 -0.4 2.8 0.6 0.1 -6.5 2.3 -6.2
2017
+21.11 +18.62 2.6 2.6 1.0 1.4 1.6 0.8 2.5 0.6 1.4 1.8 1.6 1.6
2016
+8.95 +6.77 -4.3 -0.6 7.6 0.5 0.2 1.7 3.7 0.0 0.5 -2.1 0.2 1.8
2015
-2.79 -3.41 -0.3 3.8 -0.9 1.5 -0.3 -2.4 0.6 -6.1 -2.2 6.2 -0.4 -1.8
2014
+6.93 +6.23 -3.4 4.4 0.9 1.0 2.1 1.7 -1.2 2.7 -3.6 2.6 1.1 -1.2
2013
+16.66 +14.93 3.1 0.1 2.0 2.7 -1.3 -2.4 3.9 -3.0 4.7 3.7 0.7 1.6
2012
+16.07 +14.06 5.6 3.5 1.1 -0.5 -6.9 4.4 1.0 1.8 2.3 -0.6 1.1 2.8
2011
-3.11 -5.99 0.8 2.7 0.7 3.5 -1.1 -1.4 -1.3 -6.0 -9.2 10.6 -1.3 0.2
2010
+15.09 +13.45 -4.2 2.4 6.2 1.3 -7.5 -3.3 7.9 -3.0 8.0 3.4 -1.6 5.9
2009
+32.24 +28.62 -9.5 -9.7 8.4 12.1 8.1 -0.7 8.3 3.3 5.3 -2.6 5.4 2.5
2008
-34.16 -34.14 -5.4 -1.2 -0.1 5.1 1.4 -7.7 -1.3 -0.8 -8.6 -19.1 -7.1 6.6
2007
+8.80 +4.50 1.9 -1.4 1.7 3.1 2.7 -1.1 -2.5 1.5 5.3 4.1 -4.7 -1.5
2006
+21.60 +18.60 5.6 0.0 2.1 1.9 -4.2 0.5 1.3 2.4 0.8 4.2 3.5 1.8
2005
+12.41 +8.78 -1.9 3.4 -3.3 -0.4 2.6 2.2 4.3 0.4 2.4 -3.0 3.8 1.8
2004
+16.58 +12.81 2.4 1.7 0.6 -5.9 1.8 1.8 -2.5 2.3 2.4 2.6 5.0 3.9
2003
+35.10 +32.40 -1.7 -1.0 0.0 7.9 5.3 2.7 2.8 1.9 0.6 5.5 1.9 5.2
2002
-10.76 -12.92 -0.7 0.6 4.0 -0.9 -0.4 -4.4 -7.5 1.3 -7.7 3.4 3.9 -2.0
2001
-3.19 -4.71 5.1 -6.4 -5.2 6.1 0.4 -0.5 -1.9 -1.5 -9.2 2.8 6.2 2.3
2000
-6.29 -9.40 -3.7 1.5 3.3 -3.0 -2.1 3.8 -0.7 3.0 -3.0 -2.6 -5.5 3.1
1999
+24.62 +21.38 0.2 -1.6 4.2 6.7 -2.2 4.1 -2.0 -0.4 -1.2 3.7 3.4 8.1
1998
+7.96 +6.25 -0.5 6.1 3.8 0.2 -3.4 0.0 -1.3 -15.0 4.7 7.1 5.1 3.0
1997
+13.00 +11.12 2.7 0.9 -2.8 1.6 5.6 4.1 4.4 -5.4 5.2 -6.1 1.3 1.4
1996
+17.62 +13.78 3.4 0.2 1.2 2.3 1.4 0.1 -3.9 2.4 3.6 0.6 4.9 0.4
1995
+19.21 +16.26 -1.8 1.1 1.9 2.9 3.3 1.3 3.3 -0.2 2.3 -1.8 2.7 2.8

* 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
  • EFA - iShares MSCI EAFE: simulated historical serie, up to December 2001
  • EEM - iShares MSCI Emerging Markets: simulated historical serie, up to December 2003
  • VNQ - Vanguard Real Estate: simulated historical serie, up to December 2004
  • VIG - Vanguard Dividend Appreciation: simulated historical serie, up to December 2006
  • 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
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