Data Source: from January 1994 to December 2021
Last Update: 31 December 2021
The Merrill Lynch Edge Select Conservative Portfolio is exposed for 21% on the Stock Market.
It's a Low Risk portfolio and it can be replicated with 12 ETFs.
In the last 10 years, the portfolio obtained a 4.76% compound annual return, with a 3.33% standard deviation.
In the last 25 years, a 5.33% compound annual return, with a 3.86% standard deviation.
Asset Allocation and ETFs
The Merrill Lynch Edge Select Conservative Portfolio has the following asset allocation:
The Merrill Lynch Edge Select Conservative Portfolio can be replicated with the following ETFs:
| Weight | Ticker | ETF Name | Investment Themes | |
|---|---|---|---|---|
| 8.00 % | VTV | Vanguard Value | Equity, U.S., Large Cap, Value | |
| 5.00 % | VUG | Vanguard Growth | Equity, U.S., Large Cap, Growth | |
| 5.00 % | VEU | Vanguard FTSE All-World ex-US | Equity, Global ex-US, Large Cap | |
| 1.00 % | IJS | iShares S&P Small-Cap 600 Value | Equity, U.S., Small Cap, Value | |
| 1.00 % | EEM | iShares MSCI Emerging Markets | Equity, Emerging Markets, Large Cap | |
| 1.00 % | IJT | iShares S&P Small-Cap 600 Growth | Equity, U.S., Small Cap, Growth | |
| 24.00 % | BIL | SPDR Blmbg Barclays 1-3 Mth T-Bill | Bond, U.S., Ultra Short-Term | |
| 17.00 % | IEI | iShares 3-7 Year Treasury Bond | Bond, U.S., Intermediate-Term | |
| 12.00 % | MBB | iShares MBS | Bond, U.S., Long-Term | |
| 12.00 % | BNDX | Vanguard Total International Bond | Bond, Developed Markets, All-Term | |
| 10.00 % | LQD | iShares Investment Grade Corporate Bond | Bond, U.S., All-Term | |
| 4.00 % | HYG | iShares iBoxx $ High Yield Corporate Bond | Bond, U.S., Intermediate-Term |
Portfolio and ETF Returns
The Merrill Lynch Edge Select Conservative Portfolio guaranteed the following returns.
| 1M | 3M | 6M | 1Y | 3Y(*) | 5Y(*) | 10Y(*) | 20Y(*) | 25Y(*) | |
|---|---|---|---|---|---|---|---|---|---|
| Merrill Lynch Edge Select Conservative Portfolio | +0.97 | +1.49 | +1.10 | +3.46 | +7.04 | +5.31 | +4.76 | +4.97 | +5.33 |
| --- Inflation Adjusted return | +0.50 | -0.70 | -2.22 | -3.42 | +3.39 | +2.32 | +2.59 | +2.60 | +2.97 |
| Components | |||||||||
|
VTV Vanguard Value |
+6.95 | +9.34 | +8.31 | +26.51 | +17.58 | +12.48 | +13.74 | +8.48 | +8.66 |
|
VUG Vanguard Growth |
+1.57 | +10.75 | +12.16 | +27.34 | +34.75 | +24.75 | +19.30 | +10.83 | +10.88 |
|
VEU Vanguard FTSE All-World ex-US |
+3.69 | +1.96 | -1.37 | +8.28 | +13.60 | +9.89 | +7.57 | +6.87 | +5.48 |
|
IJS iShares S&P Small-Cap 600 Value |
+4.12 | +4.30 | +0.09 | +30.53 | +18.47 | +10.04 | +13.33 | +9.82 | +10.48 |
|
EEM iShares MSCI Emerging Markets |
+1.53 | -1.57 | -10.09 | -3.61 | +10.06 | +9.16 | +4.73 | +8.87 | +5.94 |
|
IJT iShares S&P Small-Cap 600 Growth |
+4.86 | +6.91 | +5.11 | +22.37 | +20.85 | +14.08 | +15.16 | +11.20 | +10.39 |
|
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 |
|
IEI iShares 3-7 Year Treasury Bond |
-0.40 | -0.91 | -1.01 | -2.54 | +3.28 | +2.48 | +1.84 | +3.90 | +4.58 |
|
MBB iShares MBS |
-0.13 | -0.64 | -0.49 | -1.43 | +2.89 | +2.39 | +2.06 | +3.40 | +4.13 |
|
BNDX Vanguard Total International Bond |
-0.74 | -0.14 | -0.17 | -2.28 | +3.32 | +3.03 | +3.80 | +4.96 | +5.22 |
|
LQD iShares Investment Grade Corporate Bond |
-0.03 | +0.38 | -0.08 | -1.85 | +8.53 | +5.66 | +4.94 | +5.65 | +5.93 |
|
HYG iShares iBoxx $ High Yield Corporate Bond |
+2.28 | +0.77 | +1.12 | +3.75 | +7.34 | +5.14 | +5.23 | +5.81 | +5.51 |
- 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 1.51% dividend yield. If you are interested in getting periodic income, please refer to the Merrill Lynch Edge Select Conservative Portfolio: Dividend Yield page.
Historical Returns
Historical returns and stats of Merrill Lynch Edge Select Conservative 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
|
+0.97%
|
+0.50%
|
0.00%
|
1 - 0
|
|
|
3M
|
+1.49%
|
-0.70%
|
-0.49%
Nov 2021 - Nov 2021
|
2 - 1
|
|
|
6M
|
+1.10%
|
-2.22%
|
-1.41%
Sep 2021 - Sep 2021
|
4 - 2
|
|
|
YTD
|
+3.46%
|
-3.42%
|
2.40%
|
-1.41%
Sep 2021 - Sep 2021
|
8 - 4
67% pos
|
|
1Y
|
+3.46%
|
-3.42%
|
2.40%
|
-1.41%
Sep 2021 - Sep 2021
|
8 - 4
67% pos
|
|
3Y
|
+7.04%
annualized
|
+3.39%
annualized
|
4.20%
|
-4.57%
Feb 2020 - Mar 2020
|
27 - 9
75% pos
|
|
5Y
|
+5.31%
annualized
|
+2.32%
annualized
|
3.65%
|
-4.57%
Feb 2020 - Mar 2020
|
46 - 14
77% pos
|
|
10Y
|
+4.76%
annualized
|
+2.59%
annualized
|
3.33%
|
-4.57%
Feb 2020 - Mar 2020
|
87 - 33
73% pos
|
|
20Y
|
+4.97%
annualized
|
+2.60%
annualized
|
3.81%
|
-10.97%
May 2008 - Feb 2009
|
172 - 68
72% pos
|
|
25Y
|
+5.33%
annualized
|
+2.97%
annualized
|
3.86%
|
-10.97%
May 2008 - Feb 2009
|
211 - 89
70% pos
|
|
MAX
01 Jan 1994
|
+5.60%
annualized
|
+3.18%
annualized
|
3.86%
|
-10.97%
May 2008 - Feb 2009
|
239 - 97
71% pos
|
Portfolio efficiency
Is the Merrill Lynch Edge Select Conservative Portfolio actually efficient, compared to other Lazy Portfolios?
Best Classic Portfolios, with Low Risk, ordered by 25 Years annualized return.
25 Years Stats |
% Allocation |
||||||
|---|---|---|---|---|---|---|---|
| Portfolio | Returnâ–¾ | Drawdown | Stocks | Bonds | Comm. | ||
| High Yield Bonds Income |
+6.94% | -23.98% | 0 | 100 | 0 | Compare | |
| All Country World 20/80 |
+6.13% | -14.04% | 20 | 80 | 0 | Compare | |
| Stocks/Bonds 20/80 |
+6.06% | -8.42% | 20 | 80 | 0 | Compare | |
| Vanguard LifeStrategy Income Fund Vanguard |
+5.87% | -10.54% | 20 | 80 | 0 | Compare | |
| US Inflation Protection |
+5.79% | -11.79% | 0 | 100 | 0 | Compare | |
Our overall ratings, assigned to the Merrill Lynch Edge Select Conservative Portfolio. The portfolio is classified as Low Risk.
Less than 25%
25% - 49.99%
50% - 74.99%
At least 75%
| Low Risk Portfolios |
All Portfolios |
||
|---|---|---|---|
| 25 Years Ann. Return (Inflation Adjusted) |
+5.33%
(+2.97%) |
Good : 3.5 / 5
|
Bad : 1.8 / 5
|
| Standard Deviation over 25 Years |
3.86% |
Good : 3.3 / 5
|
Excellent : 4.8 / 5
|
| Maximum Drawdown over 25 Years |
-10.97% |
Average : 2.6 / 5
|
Excellent : 4.6 / 5
|
| Easy to manage | 12 ETFs |
Poor : 1 / 5
|
Poor : 1 / 5
|
| Rating assigned considering all the Low Risk Portfolios | Rating assigned considering all the Portfolios in the database |
Capital Growth
An investment of 1000$, since January 1997, now would be worth 3664.39$, with a total return of 266.44% (5.33% annualized).
The Inflation Adjusted Capital now would be 2080.73$, with a net total return of 108.07% (2.97% annualized).
Drawdowns
Worst drawdowns since January 1997 - Chart and Data
Drawdown period |
Recovery period |
Total |
||||
|---|---|---|---|---|---|---|
| Drawdown | Start | Bottom | #Months | End | #Months | #Months |
| -10.97% | May 2008 | Feb 2009 | 10 | Aug 2009 | 6 | 16 |
| -4.57% | Feb 2020 | Mar 2020 | 2 | Jun 2020 | 3 | 5 |
| -2.88% | Jun 2011 | Sep 2011 | 4 | Dec 2011 | 3 | 7 |
| -2.46% | May 2015 | Sep 2015 | 5 | Mar 2016 | 6 | 11 |
| -2.43% | Jul 1998 | Aug 1998 | 2 | Sep 1998 | 1 | 3 |
| -2.30% | May 2013 | Jun 2013 | 2 | Oct 2013 | 4 | 6 |
| -2.26% | Sep 2018 | Dec 2018 | 4 | Jan 2019 | 1 | 5 |
| -1.95% | Jun 2002 | Jul 2002 | 2 | Nov 2002 | 4 | 6 |
| -1.89% | Feb 2001 | Mar 2001 | 2 | Jul 2001 | 4 | 6 |
| -1.82% | Apr 2004 | Apr 2004 | 1 | Aug 2004 | 4 | 5 |
| -1.66% | May 2010 | May 2010 | 1 | Jul 2010 | 2 | 3 |
| -1.58% | Aug 1997 | Aug 1997 | 1 | Sep 1997 | 1 | 2 |
| -1.57% | Feb 1999 | Feb 1999 | 1 | Apr 1999 | 2 | 3 |
| -1.52% | May 2012 | May 2012 | 1 | Jul 2012 | 2 | 3 |
| -1.47% | Feb 2018 | Apr 2018 | 3 | Jul 2018 | 3 | 6 |
| -1.41% | Sep 2021 | Sep 2021 | 1 | Dec 2021 | 3 | 4 |
| -1.36% | Aug 2001 | Sep 2001 | 2 | Oct 2001 | 1 | 3 |
| -1.32% | Oct 2016 | Nov 2016 | 2 | Feb 2017 | 3 | 5 |
| -1.22% | Mar 1997 | Mar 1997 | 1 | Apr 1997 | 1 | 2 |
| -1.16% | Jan 2000 | Jan 2000 | 1 | Mar 2000 | 2 | 3 |
Rolling Returns ( more details)
Merrill Lynch Edge Select Conservative Portfolio: annualized rolling and average returns
| Return (*) | Negative Periods |
|||
|---|---|---|---|---|
| Rolling Period | Average | Best | Worst | |
| 1 Year |
+5.84% |
+17.99% Jan 1995 - Dec 1995 |
-10.34% Mar 2008 - Feb 2009 |
5.23% |
| 2 Years |
+5.73% |
+13.12% Dec 1994 - Nov 1996 |
-3.26% Mar 2007 - Feb 2009 |
2.88% |
| 3 Years |
+5.62% |
+11.35% Mar 1995 - Feb 1998 |
+0.13% Mar 2006 - Feb 2009 |
0.00% |
| 5 Years |
+5.45% |
+10.00% Jan 1995 - Dec 1999 |
+2.06% Mar 2004 - Feb 2009 |
0.00% |
| 7 Years |
+5.34% |
+8.46% Dec 1994 - Nov 2001 |
+3.44% Mar 2002 - Feb 2009 |
0.00% |
| 10 Years |
+5.35% |
+7.72% Jan 1995 - Dec 2004 |
+3.92% Mar 1999 - Feb 2009 |
0.00% |
| 15 Years |
+5.28% |
+6.65% Dec 1994 - Nov 2009 |
+4.40% Jan 2004 - Dec 2018 |
0.00% |
| 20 Years |
+5.33% |
+6.38% Dec 1994 - Nov 2014 |
+4.59% 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 Merrill Lynch Edge Select Conservative Portfolio: Rolling Returns page.
Seasonality
Merrill Lynch Edge Select Conservative 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 % |
0.46 64% |
0.17 68% |
0.25 75% |
0.84 89% |
0.34 64% |
0.31 71% |
0.64 71% |
0.33 71% |
0.32 61% |
0.49 71% |
0.62 71% |
0.76 75% |
| Best Year |
2.6 2019 |
1.8 1998 |
2.3 2009 |
3.1 2009 |
2.9 1995 |
2.4 2019 |
3.3 2009 |
1.8 2000 |
2.9 1998 |
2.7 2011 |
3.1 2020 |
3.5 2008 |
| Worst Year |
-2.4 2009 |
-3.1 2009 |
-3.6 2020 |
-1.8 2004 |
-1.7 2010 |
-1.9 2008 |
-1.2 2003 |
-2.4 1998 |
-3.4 2008 |
-4.3 2008 |
-0.9 1994 |
-0.9 2018 |
For further information about the seasonality, check the Asset Class Seasonality page.
Monthly/Yearly Returns
Merrill Lynch Edge Select Conservative 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 |
+3.46 | -3.42 | -0.2 | 0.0 | 0.5 | 1.1 | 0.5 | 0.5 | 0.6 | 0.4 | -1.4 | 1.0 | -0.5 | 1.0 |
| 2020 |
+6.74 | +5.37 | 0.5 | -1.0 | -3.6 | 2.9 | 1.3 | 0.8 | 1.7 | 0.8 | -0.6 | -0.4 | 3.1 | 1.2 |
| 2019 |
+11.07 | +8.62 | 2.6 | 0.7 | 1.2 | 0.9 | -0.8 | 2.4 | 0.3 | 0.6 | 0.4 | 0.7 | 0.6 | 0.9 |
| 2018 |
-1.01 | -2.88 | 0.6 | -1.3 | 0.1 | -0.3 | 0.5 | 0.0 | 0.9 | 0.6 | -0.2 | -1.9 | 0.7 | -0.9 |
| 2017 |
+6.67 | +4.47 | 0.5 | 1.0 | 0.2 | 0.7 | 0.7 | 0.1 | 0.8 | 0.5 | 0.4 | 0.6 | 0.5 | 0.6 |
| 2016 |
+4.67 | +2.57 | -0.5 | 0.3 | 2.1 | 0.5 | 0.2 | 1.1 | 1.2 | 0.1 | 0.2 | -0.9 | -0.4 | 0.7 |
| 2015 |
-0.16 | -0.79 | 0.6 | 0.8 | -0.1 | 0.3 | -0.1 | -1.0 | 0.6 | -1.6 | -0.3 | 1.7 | -0.2 | -0.7 |
| 2014 |
+4.82 | +4.14 | -0.1 | 1.3 | 0.1 | 0.5 | 1.0 | 0.6 | -0.6 | 1.4 | -1.0 | 1.0 | 0.7 | -0.2 |
| 2013 |
+5.12 | +3.56 | 0.7 | 0.5 | 0.8 | 1.1 | -0.9 | -1.4 | 1.5 | -1.1 | 1.6 | 1.5 | 0.6 | 0.2 |
| 2012 |
+6.74 | +4.89 | 1.7 | 1.1 | 0.2 | 0.3 | -1.5 | 1.3 | 1.0 | 0.7 | 1.0 | -0.1 | 0.3 | 0.6 |
| 2011 |
+3.69 | +0.61 | 0.5 | 0.9 | 0.1 | 1.6 | 0.3 | -0.5 | 0.4 | -0.9 | -1.9 | 2.7 | -0.6 | 1.1 |
| 2010 |
+7.47 | +5.95 | -0.1 | 0.8 | 1.4 | 0.9 | -1.7 | 0.1 | 2.3 | 0.0 | 2.1 | 1.0 | -0.7 | 1.1 |
| 2009 |
+10.64 | +7.61 | -2.4 | -3.1 | 2.3 | 3.1 | 2.1 | 0.4 | 3.3 | 1.3 | 2.0 | -0.5 | 2.1 | 0.0 |
| 2008 |
-5.32 | -5.30 | -0.1 | -0.1 | 0.0 | 0.7 | -0.3 | -1.9 | 0.1 | 0.3 | -3.4 | -4.3 | 0.2 | 3.5 |
| 2007 |
+5.55 | +1.38 | 0.4 | 0.6 | 0.5 | 1.2 | 0.4 | -0.5 | -0.3 | 1.0 | 1.6 | 1.0 | -0.2 | -0.1 |
| 2006 |
+7.57 | +4.92 | 1.0 | 0.3 | 0.1 | 0.5 | -0.8 | 0.1 | 0.9 | 1.4 | 0.9 | 1.3 | 1.4 | 0.2 |
| 2005 |
+4.31 | +0.94 | -0.1 | 0.5 | -0.8 | 0.3 | 1.2 | 0.7 | 0.5 | 0.7 | 0.1 | -1.0 | 1.1 | 1.0 |
| 2004 |
+6.35 | +2.91 | 0.8 | 1.0 | 0.3 | -1.8 | 0.0 | 0.8 | -0.2 | 1.3 | 0.7 | 1.0 | 1.0 | 1.4 |
| 2003 |
+10.38 | +8.18 | -0.5 | 0.4 | 0.0 | 2.3 | 2.5 | 0.4 | -1.2 | 0.9 | 1.4 | 1.0 | 0.5 | 2.1 |
| 2002 |
+2.13 | -0.34 | 0.0 | 0.3 | 0.3 | 0.4 | 0.4 | -0.8 | -1.1 | 1.1 | -0.8 | 1.0 | 1.0 | 0.4 |
| 2001 |
+2.93 | +1.31 | 1.9 | -1.1 | -0.8 | 1.2 | 0.3 | -0.4 | 1.1 | -0.2 | -1.2 | 1.7 | 0.5 | -0.1 |
| 2000 |
+5.85 | +2.33 | -1.2 | 0.7 | 2.2 | -0.7 | -0.3 | 1.7 | 0.2 | 1.8 | -0.2 | 0.2 | -0.5 | 1.9 |
| 1999 |
+5.52 | +2.77 | 1.1 | -1.6 | 1.4 | 1.6 | -1.1 | 0.9 | -0.5 | -0.3 | 0.2 | 1.3 | 0.7 | 1.6 |
| 1998 |
+10.67 | +8.92 | 0.9 | 1.8 | 1.0 | 0.8 | -0.1 | 0.7 | 0.0 | -2.4 | 2.9 | 1.9 | 1.2 | 1.6 |
| 1997 |
+9.16 | +7.34 | 0.5 | 0.3 | -1.2 | 1.2 | 2.4 | 1.8 | 2.3 | -1.6 | 2.3 | -0.4 | 0.5 | 0.8 |
| 1996 |
+7.09 | +3.59 | 0.8 | -0.4 | 0.1 | 0.4 | 0.3 | 0.6 | -0.5 | 0.6 | 1.8 | 1.5 | 2.4 | -0.7 |
| 1995 |
+17.99 | +15.07 | 1.0 | 1.6 | 1.1 | 1.8 | 2.9 | 0.6 | 1.2 | 0.8 | 1.4 | 0.6 | 2.1 | 1.5 |
| 1994 |
-0.59 | -3.10 | 1.8 | -1.5 | -2.1 | 0.0 | 0.2 | -0.4 | 1.3 | 0.9 | -1.0 | 0.6 | -0.9 | 0.6 |
* Note: Portofolio Returns, up to December 2013, 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:
- VTV - Vanguard Value: simulated historical serie, up to December 2004
- VUG - Vanguard Growth: simulated historical serie, up to December 2004
- VEU - Vanguard FTSE All-World ex-US: simulated historical serie, up to December 2007
- IJS - iShares S&P Small-Cap 600 Value: simulated historical serie, up to December 2000
- EEM - iShares MSCI Emerging Markets: simulated historical serie, up to December 2003
- IJT - iShares S&P Small-Cap 600 Growth: simulated historical serie, up to December 2000
- BIL - SPDR Blmbg Barclays 1-3 Mth T-Bill: simulated historical serie, up to December 2007
- IEI - iShares 3-7 Year Treasury Bond: simulated historical serie, up to December 2007
- MBB - iShares MBS: simulated historical serie, up to December 2007
- BNDX - Vanguard Total International Bond: simulated historical serie, up to December 2013
- LQD - iShares Investment Grade Corporate Bond: simulated historical serie, up to December 2002
- HYG - iShares iBoxx $ High Yield Corporate Bond: simulated historical serie, up to December 2007