Ray Dalio All Weather Portfolio vs The Lazy Team Simplified Permanent Portfolio 2x Leveraged Portfolio Comparison

Simulation Settings

Period: March 2010 - June 2025 (~15 years)
Consolidated Returns as of 30 June 2025

Initial Amount: 1$

Rebalancing: at every Jan 1^st

Currency: USD

Inflation: US

(Change Settings)

Results

All Data
(2010/03 - 2025/06)

Inflation Adjusted:

Ray Dalio All Weather Portfolio

1.00$
Invested Capital
March 2010
2.64$
Final Capital
June 2025
6.54%
Yearly Return
7.53%
Std Deviation
-20.58%
Max Drawdown
42months
Recovery Period

1.00$
Invested Capital
March 2010
1.79$
Final Capital
June 2025
3.87%
Yearly Return
7.53%
Std Deviation
-27.85%
Max Drawdown
46months*
Recovery Period
* in progress

The Lazy Team Simplified Permanent Portfolio 2x Leveraged

1.00$
Invested Capital
March 2010
4.50$
Final Capital
June 2025
10.31%
Yearly Return
13.58%
Std Deviation
-31.96%
Max Drawdown
32months
Recovery Period

1.00$
Invested Capital
March 2010
3.05$
Final Capital
June 2025
7.54%
Yearly Return
13.58%
Std Deviation
-36.13%
Max Drawdown
58months
Recovery Period

As of June 2025, over the analyzed timeframe, the Ray Dalio All Weather Portfolio obtained a 6.54% compound annual return, with a 7.53% standard deviation. It suffered a maximum drawdown of -20.58% that required 42 months to be recovered.

As of June 2025, over the analyzed timeframe, the The Lazy Team Simplified Permanent Portfolio 2x Leveraged obtained a 10.31% compound annual return, with a 13.58% standard deviation. It suffered a maximum drawdown of -31.96% that required 32 months to be recovered.

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

Mastering ETF Investing

Build wealth
with Lazy Portfolios and Passive Investing

Set your goal
Use top metrics to evaluate
Join the passive investing strategy

Exclusive new asset allocations in EUR and USD

Buy now
English book

Buy now
Italian book

Asset Allocations and ETFs

The compared portfolios have the following asset allocations.

Ray Dalio All Weather Portfolio

Weight (%)	Ticker	Name
30.00	VTI	Vanguard Total Stock Market
40.00	TLT	iShares 20+ Year Treasury Bond
15.00	IEI	iShares 3-7 Year Treasury Bond
7.50	DBC	Invesco DB Commodity Tracking
7.50	GLD	SPDR Gold Trust

The Lazy Team Simplified Permanent Portfolio 2x Leveraged

Weight (%)	Ticker	Name
25.00	SSO	ProShares Ultra S&P 500
50.00	UST	ProShares Ultra 7-10 Year Treasury
25.00	UGL	ProShares Ultra Gold

Test Your Asset Allocation

Evaluate your portfolio strategy in 7 different currencies

Try the Backtest Tool

Portfolio Returns as of Jun 30, 2025

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

All Data
(2010/03 - 2025/06)

Inflation Adjusted:

Swipe left to see all data

	Initial Amount $	Final Amount $	Total Return (%)	Annualized (%)
All Weather Portfolio Ray Dalio	1 $	2.64 $	164.10%	6.54%
Simplified Permanent Portfolio 2x Leveraged The Lazy Team	1 $	4.50 $	350.04%	10.31%
	Mar 2010	Jun 2025

Loading data
Please wait

Swipe left to see all data

	Initial Amount $	Final Amount $	Total Return (%)	Annualized (%)
All Weather Portfolio Ray Dalio	1 $	1.79 $	78.96%	3.87%
Simplified Permanent Portfolio 2x Leveraged The Lazy Team	1 $	3.05 $	204.95%	7.54%
	Mar 2010	Jun 2025

Loading data
Please wait

Swipe left to see all data

		Return (%) as of Jun 30, 2025
		YTD (6M)	1M	6M	1Y	5Y	10Y	MAX (~15Y)
	All Weather Portfolio Ray Dalio	5.58	3.08	5.58	8.88	3.14	5.41	6.54
	Simplified Permanent Portfolio 2x Leveraged The Lazy Team	17.07	3.49	17.07	28.05	6.79	9.16	10.31
Returns over 1 year are annualized.

Explore All Lazy Portfolios

Tailored Portfolios for every Investment Strategy

USD

CAD

EUR

Readings that may interest you

Portfolio Metrics as of Jun 30, 2025

The following metrics, updated as of 30 June 2025, provide an overview of performance and risk, with the best value in each row highlighted within the table.

METRIC COMPARISON

Period: 1 July 2024 - 30 June 2025 (1 year)

Period: 1 July 2020 - 30 June 2025 (5 years)

Period: 1 July 2015 - 30 June 2025 (10 years)

Period: 1 March 2010 - 30 June 2025 (~15 years)

1 Year

5 Years

10 Years

All (2010/03 - 2025/06)

Swipe left to see all data

	All Weather Portfolio	Simplified Permanent Portfolio 2x Leveraged
Author	Ray Dalio	The Lazy Team
ASSET ALLOCATION
Stocks	30%	25%
Fixed Income	55%	50%
Commodities	15%	25%
PERFORMANCES
Annualized Return (%)	8.88	28.05
Infl. Adjusted (%)	6.30	25.01
DRAWDOWN
Deepest Drawdown Depth (%)	-3.45	-4.11
Start to Recovery (months)	3	3
Longest Drawdown Depth (%)	-1.94	-4.11
Start to Recovery (months)	4	3
Longest Negative Period (months)	8	3
RISK INDICATORS
Standard Deviation (%)	7.03	8.86
Sharpe Ratio	0.60	2.64
Sortino Ratio	0.76	3.22
Ulcer Index	1.43	1.18
Ratio: Return / Standard Deviation	1.26	3.17
Ratio: Return / Deepest Drawdown	2.57	6.83
Metrics calculated over the period 1 July 2024 - 30 June 2025

Swipe left to see all data

	All Weather Portfolio	Simplified Permanent Portfolio 2x Leveraged
Author	Ray Dalio	The Lazy Team
ASSET ALLOCATION
Stocks	30%	25%
Fixed Income	55%	50%
Commodities	15%	25%
PERFORMANCES
Annualized Return (%)	3.14	6.79
Infl. Adjusted (%)	-1.33	2.17
DRAWDOWN
Deepest Drawdown Depth (%)	-20.58	-31.96
Start to Recovery (months)	42	32
Longest Drawdown Depth (%)	-20.58	-31.96
Start to Recovery (months)	42	32
Longest Negative Period (months)	45	46
RISK INDICATORS
Standard Deviation (%)	10.40	16.82
Sharpe Ratio	0.04	0.24
Sortino Ratio	0.06	0.33
Ulcer Index	9.55	14.09
Ratio: Return / Standard Deviation	0.30	0.40
Ratio: Return / Deepest Drawdown	0.15	0.21
Metrics calculated over the period 1 July 2020 - 30 June 2025

Swipe left to see all data

	All Weather Portfolio	Simplified Permanent Portfolio 2x Leveraged
Author	Ray Dalio	The Lazy Team
ASSET ALLOCATION
Stocks	30%	25%
Fixed Income	55%	50%
Commodities	15%	25%
PERFORMANCES
Annualized Return (%)	5.41	9.16
Infl. Adjusted (%)	2.30	5.94
DRAWDOWN
Deepest Drawdown Depth (%)	-20.58	-31.96
Start to Recovery (months)	42	32
Longest Drawdown Depth (%)	-20.58	-31.96
Start to Recovery (months)	42	32
Longest Negative Period (months)	46	50
RISK INDICATORS
Standard Deviation (%)	8.45	14.25
Sharpe Ratio	0.42	0.52
Sortino Ratio	0.58	0.71
Ulcer Index	6.92	10.51
Ratio: Return / Standard Deviation	0.64	0.64
Ratio: Return / Deepest Drawdown	0.26	0.29
Metrics calculated over the period 1 July 2015 - 30 June 2025

Swipe left to see all data

	All Weather Portfolio	Simplified Permanent Portfolio 2x Leveraged
Author	Ray Dalio	The Lazy Team
ASSET ALLOCATION
Stocks	30%	25%
Fixed Income	55%	50%
Commodities	15%	25%
PERFORMANCES
Annualized Return (%)	6.54	10.31
Infl. Adjusted (%)	3.87	7.54
DRAWDOWN
Deepest Drawdown Depth (%)	-20.58	-31.96
Start to Recovery (months)	42	32
Longest Drawdown Depth (%)	-20.58	-31.96
Start to Recovery (months)	42	32
Longest Negative Period (months)	46	50
RISK INDICATORS
Standard Deviation (%)	7.53	13.58
Sharpe Ratio	0.71	0.67
Sortino Ratio	0.97	0.94
Ulcer Index	5.78	8.95
Ratio: Return / Standard Deviation	0.87	0.76
Ratio: Return / Deepest Drawdown	0.32	0.32
Metrics calculated over the period 1 March 2010 - 30 June 2025

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 July 2015 - 30 June 2025 (10 years)

Period: 1 March 2010 - 30 June 2025 (~15 years)

Chart Table

Loading data
Please wait

Swipe left to see all data

All Weather Portfolio			Simplified Permanent Portfolio 2x Leveraged
Drawdown (%)	Recovery (#Months)	From To	Drawdown (%)	Recovery (#Months)	From To
			-31.96	32	Jan 2022 Aug 2024
-20.58	42	Jan 2022 Jun 2025
			-13.44	13	Aug 2016 Aug 2017
			-12.86	17	Oct 2012 Feb 2014
			-11.33	14	Feb 2015 Mar 2016
			-9.99	14	Feb 2018 Mar 2019
			-8.58	9	Sep 2020 May 2021
			-7.47	5	Sep 2011 Jan 2012
-6.66	17	Feb 2015 Jun 2016
-6.42	13	Aug 2016 Aug 2017
			-5.95	4	Sep 2021 Dec 2021
-5.29	9	May 2013 Jan 2014
			-4.81	5	Sep 2014 Jan 2015
-4.71	7	Sep 2018 Mar 2019
			-4.11	3	Dec 2024 Feb 2025

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 March 2010 - 30 June 2025 (~15 years)

Rolling Period:

All Weather Portfolio
Simplified Permanent Portfolio 2x Leveraged

Head To Head (Ptf 1 vs Ptf 2):

US Inflation Adjusted:

Loading data
Please wait

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.

Swipe left to see all data

	All Weather Portfolio		Simplified Permanent Portfolio 2x Leveraged
Year	Return (%)	Drawdown (%)	Return (%)	Drawdown (%)
2025	5.58	-1.94	17.07	0.00
2024	6.36	-3.73	19.37	-4.11
2023	9.95	-9.25	15.62	-11.16
2022	-18.39	-20.58	-26.74	-31.96
2021	8.27	-3.74	8.10	-7.85
2020	15.88	-3.68	24.56	-6.86
2019	17.93	-0.83	30.31	-2.13
2018	-3.02	-4.71	-6.20	-9.99
2017	11.55	-0.49	18.32	-2.33
2016	6.50	-6.42	8.57	-13.44
2015	-3.23	-6.66	-4.99	-11.33
2014	12.89	-2.52	13.48	-4.81
2013	1.71	-5.29	-1.57	-11.75
2012	7.02	-1.33	13.11	-4.01
2011	15.64	-2.00	17.58	-7.47

Table of contents

Resources & Extras

Asset Allocations and ETFs

Portfolio Returns as of Jun 30, 2025

Portfolio Metrics as of Jun 30, 2025

Drawdowns

Rolling Returns

Yearly Returns