Data Source: from January 1973 to June 2022
Consolidated Returns as of 30 June 2022
Live Update: Jul 05 2022, 02:00PM Eastern Time
PORTFOLIO • LIVE PERFORMANCE (USD currency)
0.30%
1 Day
Jul 05 2022, 02:00PM Eastern Time
0.64%
Current Month
July 2022

The Ray Dalio All Weather Portfolio is a Medium Risk portfolio and can be implemented with 5 ETFs.

It's exposed for 30% on the Stock Market and for 15% on Commodities.

In the last 30 Years, the Ray Dalio All Weather Portfolio obtained a 7.67% compound annual return, with a 6.83% standard deviation.

Asset Allocation and ETFs

The Ray Dalio All Weather Portfolio has the following asset allocation:

30% Stocks
55% Fixed Income
15% Commodities

The Ray Dalio All Weather Portfolio can be implemented with the following ETFs:

Weight Ticker ETF Name Investment Themes
30.00 % VTI Vanguard Total Stock Market Equity, U.S., Large Cap
40.00 % TLT iShares 20+ Year Treasury Bond Bond, U.S., Long-Term
15.00 % IEI iShares 3-7 Year Treasury Bond Bond, U.S., Intermediate-Term
7.50 % GLD SPDR Gold Trust Commodity, Gold
7.50 % GSG iShares S&P GSCI Commodity Indexed Trust Commodity, Broad Diversified
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 Ray Dalio All Weather Portfolio guaranteed the following returns.

According to the available data source, let's assume we built the portfolio on January 1973.

Portfolio returns are calculated in USD, assuming: July 2022 return is calculated on the hypothesis of a newly built portfolio, with the starting asset allocation.
RAY DALIO ALL WEATHER PORTFOLIO RETURNS
Consolidated returns as of 30 June 2022
Live Update: Jul 05 2022, 02:00PM Eastern Time
Swipe left to see all data
  Chg (%) Return (%)
Return (%) as of Jun 30, 2022
  1 Day Time ET(*) Jul 2022 1M 6M 1Y 5Y(*) 10Y(*) 30Y(*)
Ray Dalio All Weather Portfolio -0.30 0.64 -3.99 -13.67 -9.36 5.36 5.04 7.67
US Inflation Adjusted return -3.99 -17.03 -15.74 1.70 2.51 5.07
Components
VTI
Vanguard Total Stock Market
-0.84 01:59PM
Jul 05 2022
0.21 -8.23 -21.32 -14.17 10.53 12.52 9.81
TLT
iShares 20+ Year Treasury Bond
1.60 02:00PM
Jul 05 2022
2.64 -1.27 -21.88 -19.11 0.34 1.51 6.36
IEI
iShares 3-7 Year Treasury Bond
0.19 02:00PM
Jul 05 2022
1.02 -0.73 -6.91 -7.85 0.73 0.98 4.68
GLD
SPDR Gold Trust
-2.25 01:59PM
Jul 05 2022
-2.33 -1.57 -1.46 1.71 7.38 0.82 5.43
GSG
iShares S&P GSCI Commodity Indexed Trust
-7.23 02:00PM
Jul 05 2022
-6.10 -7.75 35.01 43.57 10.50 -2.72 1.69
(*) Returns over 1 year are annualized
(*) Eastern Time (ET - America/New York)

US Inflation is updated to May 2022. Waiting for updates, inflation of Jun 2022 is set to 0%. Current inflation (annualized) is 1Y: 7.57% , 5Y: 3.61% , 10Y: 2.46% , 30Y: 2.47%

Portfolio Dividends

In 2021, the Ray Dalio All Weather Portfolio granted a 1.13% dividend yield. If you are interested in getting periodic income, please refer to the Ray Dalio All Weather Portfolio: Dividend Yield page.

Historical Returns as of Jun 30, 2022

Historical returns and stats of Ray Dalio All Weather Portfolio. Total Returns and Inflation Adjusted Returns are both mentioned.

RAY DALIO ALL WEATHER PORTFOLIO
Consolidated returns as of 30 June 2022
Data Source: from January 1973 to June 2022
Swipe left to see all data
Period Return (%)
as of Jun 2022
Return (%)
Infl.Adj.
Standard
Deviation (%)
Max
Drawdown (%)
Months
Pos - Neg
1M
Jun 2022
-3.99
-3.99
-3.99
Jun 2022 - Jun 2022
0 - 1
3M
-10.28
-11.44
-10.28
Apr 2022 - Jun 2022
0 - 3
6M
-13.67
-17.03
-13.67
Jan 2022 - Jun 2022
0 - 6
YTD
-13.67
-17.03
-13.67
Jan 2022 - Jun 2022
0 - 6
1Y
-9.36
-15.74
9.11
-13.67
Jan 2022 - Jun 2022
4 - 8
33% pos
3Y(*)
4.11
-0.38
8.37
-13.67
Jan 2022 - Jun 2022
20 - 16
56% pos
5Y(*)
5.36
1.70
7.45
-13.67
Jan 2022 - Jun 2022
37 - 23
62% pos
10Y(*)
5.04
2.51
6.57
-13.67
Jan 2022 - Jun 2022
74 - 46
62% pos
15Y(*)
6.36
3.96
7.42
-13.67
Jan 2022 - Jun 2022
118 - 62
66% pos
20Y(*)
7.13
4.57
7.09
-13.67
Jan 2022 - Jun 2022
158 - 82
66% pos
25Y(*)
7.05
4.52
7.00
-13.67
Jan 2022 - Jun 2022
197 - 103
66% pos
30Y(*)
7.67
5.07
6.83
-13.67
Jan 2022 - Jun 2022
240 - 120
67% pos
MAX(*)
01 Jan 1973
9.03
4.87
7.77
-13.67
Jan 2022 - Jun 2022
392 - 202
66% pos
(*) Returns over 1 year are annualized

Returns and stats are calculated assuming a yearly rebalancing of the components weight. How do returns change with different rebalancing strategies?

Capital Growth as of Jun 30, 2022

An investment of 1000$, since July 1992, now would be worth 9167.42$, with a total return of 816.74% (7.67% annualized).

The Inflation Adjusted Capital now would be 4406.41$, with a net total return of 340.64% (5.07% annualized).
An investment of 1000$, since January 1973, now would be worth 72289.06$, with a total return of 7128.91% (9.03% annualized).

The Inflation Adjusted Capital now would be 10540.51$, with a net total return of 954.05% (4.87% annualized).

Drawdowns

Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months
-13.67% Jan 2022 Jun 2022 6 in progress 6
-12.18% Jul 2008 Feb 2009 8 Sep 2009 7 15
-6.93% Feb 2015 Dec 2015 11 Jun 2016 6 17
-6.83% Feb 1994 Nov 1994 10 Mar 1995 4 14
-6.47% Aug 2016 Nov 2016 4 Aug 2017 9 13
-5.10% May 2013 Jun 2013 2 Jan 2014 7 9
-4.83% Jul 1998 Aug 1998 2 Oct 1998 2 4
-4.76% Apr 2004 Apr 2004 1 Sep 2004 5 6
-4.75% Sep 2018 Dec 2018 4 Mar 2019 3 7
-4.74% Jun 2003 Jul 2003 2 Sep 2003 2 4
-4.61% Feb 2001 Mar 2001 2 Aug 2002 17 19
-3.79% Feb 1999 Feb 1999 1 Apr 1999 2 3
-3.74% Aug 2020 Oct 2020 3 Nov 2020 1 4
-3.71% Jan 2021 Mar 2021 3 May 2021 2 5
-3.55% Dec 1996 Mar 1997 4 May 1997 2 6
-2.99% Sep 2005 Oct 2005 2 Dec 2005 2 4
-2.85% Feb 2018 Feb 2018 1 Aug 2018 6 7
-2.44% Sep 2014 Sep 2014 1 Nov 2014 2 3
-2.41% Dec 2009 Jan 2010 2 Mar 2010 2 4
-2.37% May 1999 May 1999 1 Oct 1999 5 6
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months
-13.67% Jan 2022 Jun 2022 6 in progress 6
-12.31% Dec 1980 Sep 1981 10 Aug 1982 11 21
-12.18% Jul 2008 Feb 2009 8 Sep 2009 7 15
-11.04% Mar 1974 Sep 1974 7 Jan 1975 4 11
-10.89% Feb 1980 Mar 1980 2 May 1980 2 4
-8.78% Sep 1987 Nov 1987 3 Sep 1988 10 13
-7.10% May 1983 May 1984 13 Aug 1984 3 16
-6.93% Feb 2015 Dec 2015 11 Jun 2016 6 17
-6.83% Feb 1994 Nov 1994 10 Mar 1995 4 14
-6.57% Oct 1979 Oct 1979 1 Dec 1979 2 3
-6.47% Aug 2016 Nov 2016 4 Aug 2017 9 13
-5.51% Jan 1990 Apr 1990 4 Jul 1990 3 7
-5.16% Jul 1975 Sep 1975 3 Jan 1976 4 7
-5.10% May 2013 Jun 2013 2 Jan 2014 7 9
-4.83% Jul 1998 Aug 1998 2 Oct 1998 2 4
-4.76% Apr 2004 Apr 2004 1 Sep 2004 5 6
-4.75% Sep 2018 Dec 2018 4 Mar 2019 3 7
-4.74% Jun 2003 Jul 2003 2 Sep 2003 2 4
-4.61% Feb 2001 Mar 2001 2 Aug 2002 17 19
-3.79% Feb 1999 Feb 1999 1 Apr 1999 2 3

Rolling Returns ( more details)

Ray Dalio All Weather Portfolio: annualized rolling and average returns

Swipe left to see all data
Rolling
Period
Return (*) Negative
Periods
Average (%) Best (%) Worst (%)
1 Year
9.66 43.44
Jul 1982 - Jun 1983
-11.58
Mar 2008 - Feb 2009
10.46%
2 Years
9.60 32.09
Jul 1984 - Jun 1986
-1.74
Jul 1980 - Jun 1982
0.88%
3 Years
9.57 24.13
Aug 1984 - Jul 1987
1.77
Mar 2006 - Feb 2009
0.00%
5 Years
9.55 20.99
Apr 1982 - Mar 1987
4.08
Mar 2004 - Feb 2009
0.00%
7 Years
9.61 17.40
Aug 1982 - Jul 1989
4.37
Jan 2012 - Dec 2018
0.00%
10 Years
9.77 15.23
Oct 1981 - Sep 1991
5.04
Jul 2012 - Jun 2022
0.00%
15 Years
9.75 13.74
Aug 1982 - Jul 1997
6.36
Jul 2007 - Jun 2022
0.00%
20 Years
9.71 12.52
Apr 1980 - Mar 2000
6.64
Jan 1999 - Dec 2018
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 Ray Dalio All Weather Portfolio: Rolling Returns page.

Seasonality

Ray Dalio All Weather Portfolio: in which months is it better to invest?

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
Win %
0.75
72%
0.34
64%
0.37
60%
0.76
70%
0.89
64%
0.80
68%
0.60
59%
1.01
67%
0.52
57%
0.46
63%
1.31
71%
1.17
76%
Best
Year
5.2
1987
7.1
1986
6.8
1986
9.0
1980
6.0
2003
5.3
1980
5.2
1997
8.7
1982
5.0
1998
8.0
1974
7.2
1981
7.5
2008
Worst
Year
-8.2
2009
-4.4
1980
-6.8
1980
-6.2
2022
-4.0
1984
-4.0
2022
-3.9
2003
-3.7
1981
-3.8
1986
-8.5
2008
-2.9
2016
-3.7
1981
Statistics calculated for the period Jan 1973 - Jun 2022

Monthly/Yearly Returns

Ray Dalio All Weather Portfolio monthly and yearly returns: how is the distribution of the returns recorded so far?

MONTHLY RETURNS HISTOGRAM
392 Positive Months (66%) - 202 Negative Months (34%)
Jan 1973 - Jun 2022
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
2022
-13.67 -17.03 -2.8 -0.2 -0.7 -6.2 -0.4 -4.0
2021
+8.08 +0.91 -1.5 -1.1 -1.2 3.6 1.0 2.2 2.4 0.6 -2.4 3.7 -0.6 1.4
2020
+14.68 +13.23 2.9 0.2 -2.3 3.9 1.4 1.2 4.7 -0.2 -1.3 -2.3 4.2 1.8
2019
+18.22 +15.60 3.6 0.8 2.8 0.6 0.2 3.6 0.5 4.2 -0.8 0.5 0.8 0.3
2018
-3.19 -5.01 0.6 -2.8 0.8 -0.5 1.7 0.3 0.0 1.6 -0.9 -3.9 0.6 -0.6
2017
+11.47 +9.15 1.2 2.0 -0.6 1.0 1.0 0.3 0.8 1.8 -0.4 0.8 1.3 1.5
2016
+5.86 +3.74 0.8 2.1 2.2 1.0 0.4 3.9 1.4 -0.6 -0.2 -2.9 -2.9 0.7
2015
-3.72 -4.33 3.5 -1.3 -0.4 -0.5 -0.7 -2.3 0.8 -1.9 -0.4 2.2 -1.3 -1.3
2014
+12.52 +11.79 1.9 2.5 0.1 1.1 1.7 1.3 -1.1 3.3 -2.4 1.6 1.5 0.7
2013
+2.15 +0.63 0.6 0.2 1.3 1.5 -2.6 -2.6 2.0 -1.1 1.2 2.0 -0.3 0.1
2012
+6.72 +4.87 2.5 0.4 -1.0 1.7 0.0 0.7 2.4 1.2 0.0 -1.3 0.9 -0.8
2011
+15.59 +12.16 -0.8 2.4 0.5 3.0 0.5 -2.1 2.2 3.2 1.8 2.0 1.1 0.9
2010
+12.53 +10.93 -0.4 1.6 1.0 2.8 -1.0 1.2 1.6 2.5 2.3 -0.2 -0.4 1.1
2009
+2.34 -0.47 -8.2 -4.2 4.3 -0.1 2.6 -0.2 3.1 2.2 2.7 -1.1 3.9 -2.0
2008
+1.34 +1.36 0.2 0.6 0.1 0.3 0.1 0.1 -1.7 0.2 -2.3 -8.5 5.5 7.5
2007
+11.88 +7.46 0.1 1.6 -0.3 1.8 -0.2 -0.9 1.0 1.3 2.8 2.4 1.0 0.6
2006
+6.93 +4.29 1.2 -0.1 -1.1 0.7 -1.2 -0.1 1.6 1.8 0.7 1.9 2.8 -1.5
2005
+8.55 +5.05 0.6 0.6 -0.7 0.9 2.3 1.6 -0.3 2.2 -0.6 -2.4 2.1 2.1
2004
+9.41 +5.87 1.6 2.1 1.3 -4.8 0.6 0.8 -0.2 2.3 1.6 1.8 0.5 1.6
2003
+13.96 +11.68 -0.1 1.2 -1.5 2.9 6.0 -0.8 -3.9 2.2 2.8 1.0 0.9 2.9
2002
+7.77 +5.16 0.2 0.9 0.3 0.8 0.0 -0.9 -0.7 3.3 0.7 -0.2 0.8 2.4
2001
-2.77 -4.31 0.8 -2.0 -2.6 1.5 0.3 -0.5 1.3 -0.4 -1.8 2.6 -1.2 -0.5
2000
+10.15 +6.49 -0.5 2.9 2.7 -2.0 -0.3 3.6 -0.8 4.5 -1.8 0.0 -0.1 1.8
1999
+6.28 +3.51 1.6 -3.8 2.2 2.1 -2.4 1.5 -1.2 0.1 1.4 1.5 1.1 2.2
1998
+11.05 +9.29 1.4 1.2 1.7 0.6 -0.8 2.1 -1.5 -3.3 5.0 1.0 1.6 1.8
1997
+13.54 +11.65 0.8 -0.3 -2.6 2.6 2.9 1.7 5.2 -2.3 3.5 0.0 0.7 0.9
1996
+8.27 +4.73 1.2 -1.6 -0.1 0.3 0.5 0.9 -2.1 0.7 3.2 2.2 4.3 -1.5
1995
+27.44 +24.29 1.6 2.8 1.6 1.8 4.6 1.4 0.7 1.5 2.1 1.1 2.8 2.5
1994
-3.28 -5.73 2.4 -2.7 -3.2 -0.4 0.5 -1.0 2.4 0.6 -1.9 0.1 -1.3 1.4
1993
+12.02 +8.95 1.9 1.8 1.2 -0.1 1.3 2.0 0.9 2.5 -0.1 0.8 -2.0 1.1
1992
+6.76 +3.69 -1.4 0.6 -1.5 0.6 1.8 0.2 3.4 -0.5 1.4 -1.1 1.2 1.9
1991
+17.98 +14.57 1.0 2.5 1.2 1.0 1.4 -1.9 2.6 2.4 1.3 1.0 -1.2 5.7
1990
+3.85 -2.26 -3.5 0.2 -0.1 -2.2 4.7 0.6 1.2 -2.9 1.7 -0.5 3.2 1.7
1989
+20.45 +15.11 2.7 -1.1 1.5 3.1 2.4 3.3 3.3 -0.6 0.6 1.0 1.6 1.2
1988
+10.59 +5.92 3.4 1.7 -0.7 -0.1 -0.4 2.9 -1.0 -0.9 2.3 2.3 -0.9 1.5
1987
+3.47 -0.83 5.2 1.7 0.9 -1.7 -0.2 2.3 1.8 0.4 -2.1 -5.4 -1.5 2.4
1986
+20.56 +19.15 0.2 7.1 6.8 0.3 -0.2 4.0 -2.2 5.0 -3.8 1.4 1.8 -1.1
1985
+28.68 +23.98 4.6 -2.1 2.7 0.8 6.0 1.3 -0.5 1.4 -0.9 3.5 4.5 4.5
1984
+8.03 +3.83 0.4 -1.6 -0.3 -0.9 -4.0 1.4 1.6 5.4 1.3 3.1 0.5 0.9
1983
+7.06 +3.15 0.4 1.8 1.3 4.5 -1.3 1.3 -3.1 0.1 2.6 -2.1 2.2 -0.5
1982
+31.65 +26.80 -0.6 -1.2 0.2 4.1 -0.7 -2.4 2.8 8.7 3.6 7.8 3.8 2.4
1981
-3.74 -11.62 -3.3 -2.0 3.5 -3.7 3.0 -1.7 -1.8 -3.7 -2.4 5.6 7.2 -3.7
1980
+10.35 -1.78 1.1 -4.4 -6.8 9.0 5.5 5.3 -0.8 -0.8 1.0 -1.0 3.5 -0.6
1979
+19.26 +5.30 3.4 -0.5 2.2 0.4 1.2 3.2 0.3 3.2 2.5 -6.6 4.8 4.2
1978
+7.24 -1.61 -1.4 0.1 1.7 2.1 1.8 -1.5 3.4 2.7 0.3 -3.3 -0.1 1.4
1977
+2.14 -4.25 -2.8 0.0 0.8 1.0 -0.4 2.2 -1.3 0.6 0.7 -0.9 2.0 0.5
1976
+15.78 +10.23 3.6 1.3 1.4 0.1 -1.1 2.2 -1.0 0.3 1.7 0.1 2.4 3.8
1975
+12.93 +5.42 3.6 2.5 0.3 0.1 3.1 2.8 -2.1 -0.9 -2.3 3.7 0.7 0.9
1974
+1.78 -9.20 2.7 1.9 -2.3 -2.3 -2.0 -1.0 0.4 -3.6 -0.7 8.0 2.0 -0.7
1973
+6.67 -2.09 -0.5 1.3 0.1 -0.4 3.7 0.4 1.1 -0.6 2.1 -0.6 -2.1 2.2

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
  • TLT - iShares 20+ Year Treasury Bond: simulated historical serie, up to December 2002
  • IEI - iShares 3-7 Year Treasury Bond: simulated historical serie, up to December 2007
  • GLD - SPDR Gold Trust: simulated historical serie, up to December 2004
  • GSG - iShares S&P GSCI Commodity Indexed Trust: simulated historical serie, up to December 2006

Portfolio efficiency

Is the Ray Dalio All Weather Portfolio actually efficient, compared to other Lazy Portfolios?

Overall Ratings

The Ray Dalio All Weather Portfolio is classified as Medium 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%
Medium Risk
Portfolios
All
Portfolios
25 Years Ann. Return
(Inflation Adjusted)
+7.05%
(+4.52%)
Average : 2.6 / 5
Average : 2.9 / 5
Standard Deviation
over 25 Years
7.00%
Average : 3 / 5
Excellent : 4 / 5
Maximum Drawdown
over 25 Years
-13.67%
Excellent : 5 / 5
Excellent : 4.4 / 5
Easy to manage 5 ETFs
Average : 3 / 5
Average : 3 / 5
Rating assigned considering all the Medium Risk Portfolios Rating assigned considering all the Portfolios in the database

Similar portfolios

These portfolios share asset allocation strategy and/or similar asset weights. Comparing their returns and drawdowns (click on ), you can get an idea of the risk you are facing implementing one of them.

Swipe left to see all data
5 Years Stats (%)
% Allocation
Portfolio Jul 2022 Return Drawdown Stocks Bonds Comm
All Weather Portfolio with Bitcoin
Ray Dalio
+0.77 +9.98 -15.32 30 55 15
Permanent Portfolio with Bitcoin
Harry Browne
+0.22 +9.91 -12.29 25 50 25
Simplified Permanent Portfolio 2x Leveraged
+0.50 +6.91 -21.26 25 50 25
All Weather Portfolio 2x Leveraged
Ray Dalio
+1.40 +6.83 -26.81 37.5 55 7.5
All Weather Portfolio
Ray Dalio
+0.64 +5.36 -13.67 30 55 15
Permanent Portfolio
Harry Browne
+0.13 +5.19 -11.14 25 50 25
Simplified Permanent Portfolio
+0.31 +5.13 -10.97 25 50 25

See all portfolios

Jul 2022 return refers to period 01-05 July 2022.
Last update: Jul 05 2022, 02:00PM Eastern Time.

Best Classic Portfolios, with Medium Risk

Swipe left to see all data
30 Years Stats (%)
% Allocation
Portfolio Jul 2022 Return Drawdown Stocks Bonds Comm
Couch Potato
Scott Burns
+0.85 +8.25 -27.04 50 50 0
Robo Advisor 50
Betterment
-0.26 +7.71 -30.72 49.9 50.1 0
All Weather Portfolio
Ray Dalio
+0.64 +7.67 -13.67 30 55 15
Dynamic 40/60 Income
+0.29 +7.21 -29.84 40 60 0
Simplified Permanent Portfolio
+0.31 +7.11 -13.28 25 50 25

See all portfolios

Jul 2022 return refers to period 01-05 July 2022.
Last update: Jul 05 2022, 02:00PM Eastern Time.
Share this page