Andrew Tobias Portfolio vs JL Collins Simple Path to Wealth Portfolio Portfolio Comparison

Simulation Settings

Period: January 1970 - March 2026 (~56 years)
Consolidated Returns as of 31 March 2026

Initial Amount: 1$

Rebalancing: at every Jan 1^st

Currency: USD

Inflation: US

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Results

30 Years
(1996/04 - 2026/03)

All Data
(1970/01 - 2026/03)

Inflation Adjusted:

Andrew Tobias Portfolio

1.00$
Invested Capital
April 1996
6.89$
Final Capital
March 2026
6.64%
Yearly Return
10.02%
Std Deviation
-36.42%
Max Drawdown
42months
Recovery Period

1.00$
Invested Capital
April 1996
3.24$
Final Capital
March 2026
4.00%
Yearly Return
10.02%
Std Deviation
-37.47%
Max Drawdown
66months
Recovery Period

1.00$
Invested Capital
January 1970
113.28$
Final Capital
March 2026
8.77%
Yearly Return
10.31%
Std Deviation
-36.42%
Max Drawdown
42months
Recovery Period

1.00$
Invested Capital
January 1970
12.93$
Final Capital
March 2026
4.65%
Yearly Return
10.31%
Std Deviation
-40.41%
Max Drawdown
124months
Recovery Period

JL Collins Simple Path to Wealth Portfolio

1.00$
Invested Capital
April 1996
12.54$
Final Capital
March 2026
8.79%
Yearly Return
11.86%
Std Deviation
-38.53%
Max Drawdown
38months
Recovery Period

1.00$
Invested Capital
April 1996
5.90$
Final Capital
March 2026
6.10%
Yearly Return
11.86%
Std Deviation
-39.55%
Max Drawdown
42months
Recovery Period

1.00$
Invested Capital
January 1970
210.65$
Final Capital
March 2026
9.98%
Yearly Return
12.07%
Std Deviation
-38.53%
Max Drawdown
38months
Recovery Period

1.00$
Invested Capital
January 1970
24.04$
Final Capital
March 2026
5.82%
Yearly Return
12.07%
Std Deviation
-45.02%
Max Drawdown
123months
Recovery Period

As of March 2026, in the previous 30 Years, the Andrew Tobias Portfolio obtained a 6.64% compound annual return, with a 10.02% standard deviation. It suffered a maximum drawdown of -36.42% that required 42 months to be recovered.

As of March 2026, in the previous 30 Years, the JL Collins Simple Path to Wealth Portfolio obtained a 8.79% compound annual return, with a 11.86% standard deviation. It suffered a maximum drawdown of -38.53% that required 38 months to be recovered.

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Disclaimer: The simulations on this website are provided in good faith but should NOT be taken as investment advice. We are not liable for any errors or actions based on this information. The authors of the website are not affiliated with the portfolio creators, who are the sole owners of their intellectual property. The translation of asset allocations into ETFs is based on the interpretation of LazyPortfolioETF.com and may not exactly reflect the original intent of the portfolio creators. Content is for informational, educational, illustrative, and entertainment purposes only.

Resources & Extras

Asset Allocations and ETFs

The compared portfolios have the following asset allocations.

Andrew Tobias Portfolio

Weight (%)	Ticker	Name
33.34	VTI	Vanguard Total Stock Market
33.33	EFA	iShares MSCI EAFE
33.33	SHY	iShares 1-3 Year Treasury Bond

JL Collins Simple Path to Wealth Portfolio

Weight (%)	Ticker	Name
75.00	VTI	Vanguard Total Stock Market
25.00	BND	Vanguard Total Bond Market

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Portfolio Returns as of Mar 31, 2026

Returns are calculated in USD, assuming:

no fees or capital gain taxes.
rebalancing: at every Jan 1^st.
dividend reinvestment, when applicable.

Return Comparison

Capital Growth

30 Years
(1996/04 - 2026/03)

All Data
(1970/01 - 2026/03)

Inflation Adjusted:

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	Initial Amount $	Final Amount $	Total Return (%)	Annualized (%)
Andrew Tobias Portfolio Andrew Tobias	1 $	6.89 $	588.64%	6.64%
Simple Path to Wealth JL Collins	1 $	12.54 $	1 153.53%	8.79%
	Apr 1996	Mar 2026

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	Initial Amount $	Final Amount $	Total Return (%)	Annualized (%)
Andrew Tobias Portfolio Andrew Tobias	1 $	3.24 $	224.12%	4.00%
Simple Path to Wealth JL Collins	1 $	5.90 $	490.00%	6.10%
	Apr 1996	Mar 2026

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	Initial Amount $	Final Amount $	Total Return (%)	Annualized (%)
Andrew Tobias Portfolio Andrew Tobias	1 $	113.28 $	11 227.73%	8.77%
Simple Path to Wealth JL Collins	1 $	210.65 $	20 965.02%	9.98%
	Jan 1970	Mar 2026

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	Initial Amount $	Final Amount $	Total Return (%)	Annualized (%)
Andrew Tobias Portfolio Andrew Tobias	1 $	12.93 $	1 192.63%	4.65%
Simple Path to Wealth JL Collins	1 $	24.04 $	2 303.77%	5.82%
	Jan 1970	Mar 2026

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		Return (%) as of Mar 31, 2026
		YTD (3M)	1M	6M	1Y	5Y	10Y	30Y	MAX (~56Y)
	Andrew Tobias Portfolio Andrew Tobias	-0.87	-4.53	1.97	15.00	7.25	8.24	6.64	8.77
	Simple Path to Wealth JL Collins	-3.00	-4.18	-0.97	14.51	8.29	10.78	8.79	9.98
Returns over 1 year are annualized.

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Portfolio Metrics as of Mar 31, 2026

The following metrics, updated as of 31 March 2026, provide an overview of performance and risk, with the best value in each row highlighted within the table.

METRIC COMPARISON

Period: 1 April 2025 - 31 March 2026 (1 year)

Period: 1 April 2021 - 31 March 2026 (5 years)

Period: 1 April 2016 - 31 March 2026 (10 years)

Period: 1 April 1996 - 31 March 2026 (30 years)

Period: 1 January 1970 - 31 March 2026 (~56 years)

1 Year

5 Years

10 Years

30 Years

All (1970/01 - 2026/03)

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	Andrew Tobias Portfolio	Simple Path to Wealth
Author	Andrew Tobias	JL Collins
ASSET ALLOCATION
Stocks	66.67%	75%
Fixed Income	33.33%	25%
Commodities	0%	0%
PERFORMANCES
Annualized Return (%)	15.00	14.51
Infl. Adjusted (%)	11.28	10.81
DRAWDOWN
Deepest Drawdown Depth (%)	-4.53	-4.18
Start to Recovery (months)	1*	2*
Longest Drawdown Depth (%)	-0.06	-4.18
Start to Recovery (months)	2	2*
Longest Negative Period (months)	3*	6*
Drawdowns / Negative periods marked with * are in progress
RISK INDICATORS
Standard Deviation (%)	6.84	7.69
Sharpe Ratio	1.61	1.37
Sortino Ratio	1.86	1.79
Ulcer Index	1.26	1.17
Ratio: Return / Standard Deviation	2.19	1.89
Ratio: Return / Deepest Drawdown	3.31	3.47
Metrics calculated over the period 1 April 2025 - 31 March 2026

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	Andrew Tobias Portfolio	Simple Path to Wealth
Author	Andrew Tobias	JL Collins
ASSET ALLOCATION
Stocks	66.67%	75%
Fixed Income	33.33%	25%
Commodities	0%	0%
PERFORMANCES
Annualized Return (%)	7.25	8.29
Infl. Adjusted (%)	2.62	3.61
DRAWDOWN
Deepest Drawdown Depth (%)	-18.85	-22.24
Start to Recovery (months)	24	25
Longest Drawdown Depth (%)	-18.85	-22.24
Start to Recovery (months)	24	25
Longest Negative Period (months)	31	31
RISK INDICATORS
Standard Deviation (%)	9.98	12.67
Sharpe Ratio	0.40	0.40
Sortino Ratio	0.52	0.52
Ulcer Index	5.88	8.02
Ratio: Return / Standard Deviation	0.73	0.65
Ratio: Return / Deepest Drawdown	0.38	0.37
Metrics calculated over the period 1 April 2021 - 31 March 2026

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	Andrew Tobias Portfolio	Simple Path to Wealth
Author	Andrew Tobias	JL Collins
ASSET ALLOCATION
Stocks	66.67%	75%
Fixed Income	33.33%	25%
Commodities	0%	0%
PERFORMANCES
Annualized Return (%)	8.24	10.78
Infl. Adjusted (%)	4.75	7.21
DRAWDOWN
Deepest Drawdown Depth (%)	-18.85	-22.24
Start to Recovery (months)	24	25
Longest Drawdown Depth (%)	-18.85	-22.24
Start to Recovery (months)	24	25
Longest Negative Period (months)	31	31
RISK INDICATORS
Standard Deviation (%)	9.62	12.13
Sharpe Ratio	0.64	0.71
Sortino Ratio	0.83	0.94
Ulcer Index	4.72	6.13
Ratio: Return / Standard Deviation	0.86	0.89
Ratio: Return / Deepest Drawdown	0.44	0.48
Metrics calculated over the period 1 April 2016 - 31 March 2026

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	Andrew Tobias Portfolio	Simple Path to Wealth
Author	Andrew Tobias	JL Collins
ASSET ALLOCATION
Stocks	66.67%	75%
Fixed Income	33.33%	25%
Commodities	0%	0%
PERFORMANCES
Annualized Return (%)	6.64	8.79
Infl. Adjusted (%)	4.00	6.10
DRAWDOWN
Deepest Drawdown Depth (%)	-36.42	-38.53
Start to Recovery (months)	42	38
Longest Drawdown Depth (%)	-25.91	-30.50
Start to Recovery (months)	55	52
Longest Negative Period (months)	111	122
RISK INDICATORS
Standard Deviation (%)	10.02	11.86
Sharpe Ratio	0.44	0.55
Sortino Ratio	0.58	0.72
Ulcer Index	8.57	9.48
Ratio: Return / Standard Deviation	0.66	0.74
Ratio: Return / Deepest Drawdown	0.18	0.23
Metrics calculated over the period 1 April 1996 - 31 March 2026

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	Andrew Tobias Portfolio	Simple Path to Wealth
Author	Andrew Tobias	JL Collins
ASSET ALLOCATION
Stocks	66.67%	75%
Fixed Income	33.33%	25%
Commodities	0%	0%
PERFORMANCES
Annualized Return (%)	8.77	9.98
Infl. Adjusted (%)	4.65	5.82
DRAWDOWN
Deepest Drawdown Depth (%)	-36.42	-38.53
Start to Recovery (months)	42	38
Longest Drawdown Depth (%)	-25.91	-30.50
Start to Recovery (months)	55	52
Longest Negative Period (months)	111	122
RISK INDICATORS
Standard Deviation (%)	10.31	12.07
Sharpe Ratio	0.42	0.46
Sortino Ratio	0.57	0.62
Ulcer Index	7.24	8.41
Ratio: Return / Standard Deviation	0.85	0.83
Ratio: Return / Deepest Drawdown	0.24	0.26
Metrics calculated over the period 1 January 1970 - 31 March 2026

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Drawdowns

A drawdown refers to the decline in value from a relative peak value to a relative trough. A maximum drawdown is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained.

DRAWDOWN COMPARISON

Period: 1 April 1996 - 31 March 2026 (30 years)

Period: 1 January 1970 - 31 March 2026 (~56 years)

30 Years
(1996/04 - 2026/03)

Chart Table

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Andrew Tobias Portfolio			Simple Path to Wealth
Drawdown (%)	Recovery (#Months)	From To	Drawdown (%)	Recovery (#Months)	From To
			-38.53	38	Nov 2007 Dec 2010
-36.42	42	Nov 2007 Apr 2011
			-30.50	52	Sep 2000 Dec 2004
-25.91	55	Apr 2000 Oct 2004
			-22.24	25	Jan 2022 Jan 2024
-18.85	24	Jan 2022 Dec 2023
			-15.46	6	Feb 2020 Jul 2020
-13.71	8	Jan 2020 Aug 2020
-13.69	20	May 2011 Dec 2012
			-13.02	5	Jul 1998 Nov 1998
			-12.27	10	May 2011 Feb 2012
			-10.58	7	Oct 2018 Apr 2019
-9.73	5	Jul 1998 Nov 1998
-8.88	15	Feb 2018 Apr 2019
-8.81	19	Jun 2015 Dec 2016

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Andrew Tobias Portfolio			Simple Path to Wealth
Drawdown (%)	Recovery (#Months)	From To	Drawdown (%)	Recovery (#Months)	From To
			-38.53	38	Nov 2007 Dec 2010
-36.42	42	Nov 2007 Apr 2011
			-34.54	37	Jan 1973 Jan 1976
			-30.50	52	Sep 2000 Dec 2004
-29.06	30	Jan 1973 Jun 1975
-25.91	55	Apr 2000 Oct 2004
			-23.27	20	Sep 1987 Apr 1989
			-22.24	25	Jan 2022 Jan 2024
-18.85	24	Jan 2022 Dec 2023
			-15.46	6	Feb 2020 Jul 2020
-14.84	10	Mar 1970 Dec 1970
-14.68	15	Sep 1987 Nov 1988
			-13.78	8	Apr 1970 Nov 1970
-13.71	8	Jan 2020 Aug 2020
-13.69	20	May 2011 Dec 2012

Rolling Returns

By selecting the 'Rolling Period', the chart and data will update. To study a different date range, change the Simulation Settings.

You can explore the Rolling Returns for a single portfolio, or check the return differential, by switching on "Head To Head" toggle.

Rolling Returns Comparison

Annualized Rolling Returns Chart

Rolling Returns Chart - Inflation Adjusted

Time Period: 1 January 1970 - 31 March 2026 (~56 years)

Rolling Period:

Andrew Tobias Portfolio
Simple Path to Wealth

Head To Head (Ptf 1 vs Ptf 2):

US Inflation Adjusted:

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Yearly Returns

For each year, the following table provides the return and intra-year drawdown. The highlighted returns represent the highest values for that specific year.

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	Andrew Tobias Portfolio		Simple Path to Wealth
Year	Return (%)	Drawdown (%)	Return (%)	Drawdown (%)
2026	-0.87	-4.53	-3.00	-4.18
2025	17.87	-1.70	14.59	-5.64
2024	10.41	-2.74	18.20	-3.90
2023	16.14	-6.53	20.89	-8.12
2022	-12.58	-18.85	-17.91	-22.24
2021	12.14	-2.75	18.79	-3.72
2020	10.55	-13.71	17.70	-15.46
2019	18.69	-3.79	25.21	-4.59
2018	-5.85	-8.88	-3.94	-10.58
2017	15.52	0.00	16.80	0.00
2016	5.01	-4.55	10.25	-3.99
2015	-0.07	-7.19	0.41	-6.60
2014	2.26	-2.72	10.86	-1.99
2013	18.36	-1.78	24.56	-2.57
2012	11.85	-6.75	13.13	-4.80
2011	-3.28	-13.69	2.71	-12.27
2010	9.28	-8.62	14.62	-9.46
2009	18.73	-13.67	22.58	-13.96
2008	-23.80	-25.97	-26.02	-28.15
2007	7.55	-3.36	5.76	-3.89
2006	15.13	-2.38	12.84	-2.48
2005	7.05	-2.58	5.33	-3.14
2004	10.80	-2.56	10.65	-2.89
2003	24.42	-3.85	24.06	-2.85
2002	-9.29	-13.73	-13.29	-18.79
2001	-8.37	-14.61	-6.12	-16.19
2000	-5.34	-8.80	-5.08	-11.10
1999	21.21	-2.27	17.67	-4.79
1998	15.71	-9.73	19.59	-13.02
1997	12.04	-3.41	25.61	-3.67
1996	10.01	-2.86	16.62	-4.42
1995	17.29	-0.92	31.38	-0.57
1994	3.04	-3.64	-0.79	-6.83
1993	15.62	-4.17	10.39	-1.89
1992	0.36	-4.79	8.62	-1.93
1991	17.79	-3.72	28.11	-3.49
1990	-6.98	-12.76	-2.40	-11.23
1989	17.49	-1.63	24.50	-1.72
1988	16.22	-2.96	14.83	-2.69
1987	12.63	-14.68	2.34	-23.27
1986	29.43	-4.56	14.71	-6.46
1985	33.71	-1.51	29.02	-3.12
1984	7.84	-4.83	5.39	-7.49
1983	18.09	-2.37	18.30	-2.99
1982	13.56	-8.27	23.16	-6.05
1981	2.58	-7.29	-0.76	-10.31
1980	21.48	-8.62	25.59	-10.43
1979	12.34	-6.12	19.52	-6.87
1978	14.77	-6.05	6.63	-9.36
1977	5.85	-2.57	-2.26	-6.16
1976	12.36	-3.09	23.29	-1.55
1975	27.33	-9.00	30.20	-9.59
1974	-14.69	-21.74	-19.44	-25.55
1973	-9.53	-10.02	-12.52	-13.38
1972	19.26	-0.92	13.90	-1.83
1971	18.25	-5.07	15.59	-6.04
1970	2.21	-14.84	7.90	-13.78

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Table of contents

Resources & Extras

Asset Allocations and ETFs

Portfolio Returns as of Mar 31, 2026

Portfolio Metrics as of Mar 31, 2026

Drawdowns

Rolling Returns

Yearly Returns