Burton Malkiel Mid-Fifties Portfolio: ETF allocation and returns

Data Source: from January 1985 to February 2024 (~39 years)
Consolidated Returns as of 29 February 2024
Live Update: Mar 01 2024
PORTFOLIO • LIVE PERFORMANCE (USD currency)
0.86%
1 Day
Mar 01 2024
0.86%
Current Month
March 2024

The Burton Malkiel Mid-Fifties Portfolio is a Very High Risk portfolio and can be implemented with 8 ETFs.

It's exposed for 80% on the Stock Market.

In the last 30 Years, the Burton Malkiel Mid-Fifties Portfolio obtained a 8.30% compound annual return, with a 12.98% standard deviation.

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Asset Allocation and ETFs

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

80% Stocks
20% Fixed Income
0% Commodities

The Burton Malkiel Mid-Fifties Portfolio can be implemented with the following ETFs:

Weight (%) Ticker Currency ETF Name Investment Themes
27.00
VTI
USD Vanguard Total Stock Market Equity, U.S., Large Cap
14.00
EEM
USD iShares MSCI Emerging Markets Equity, Emerging Markets, Large Cap
14.00
EFA
USD iShares MSCI EAFE Equity, EAFE, Large Cap
12.50
VIG
USD Vanguard Dividend Appreciation Equity, U.S., Large Cap
12.50
VNQ
USD Vanguard Real Estate Real Estate, U.S.
7.50
EMB
USD iShares JP Morgan USD Em Mkts Bd Bond, Emerging Markets, All-Term
7.50
LQD
USD iShares Investment Grade Corporate Bond Bond, U.S., All-Term
5.00
BIL
USD SPDR Blmbg Barclays 1-3 Mth T-Bill Bond, U.S., Ultra Short-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 as of Feb 29, 2024

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

Returns are calculated in USD, assuming: March 2024 return is calculated on the hypothesis of a newly built portfolio, with the starting asset allocation.
BURTON MALKIEL MID-FIFTIES PORTFOLIO
Consolidated returns as of 29 February 2024
Live Update: Mar 01 2024
Swipe left to see all data
  Chg (%) Return (%) Return (%) as of Feb 29, 2024
  1 Day Time ET(*) Mar 2024 1M 6M 1Y 5Y 10Y 30Y MAX
(~39Y)
Burton Malkiel Mid-Fifties Portfolio 0.86 0.86 3.05 8.50 15.09 7.40 7.00 8.30 10.19
US Inflation Adjusted return 3.05 7.27 12.05 3.17 4.11 5.64 7.20
Components
VTI
USD Vanguard Total Stock Market 0.92 Mar 01 2024 0.92 5.30 13.69 28.61 13.82 11.96 10.22 11.25
EEM
USD iShares MSCI Emerging Markets 1.23 Mar 01 2024 1.23 4.17 4.06 7.46 1.11 2.35 4.45 8.66
EFA
USD iShares MSCI EAFE 0.97 Mar 01 2024 0.97 2.99 9.37 14.89 6.83 4.38 4.75 7.82
VIG
USD Vanguard Dividend Appreciation 0.53 Mar 01 2024 0.53 3.41 10.50 19.76 12.47 11.25 10.51 11.47
VNQ
USD Vanguard Real Estate 1.19 Mar 01 2024 1.19 1.98 6.13 4.14 4.12 6.04 8.49 9.18
EMB
USD iShares JP Morgan USD Em Mkts Bd 0.59 Mar 01 2024 0.59 0.78 5.62 8.90 0.20 2.37 8.86 9.42
LQD
USD iShares Investment Grade Corporate Bond 0.61 Mar 01 2024 0.61 -1.93 3.66 5.99 1.67 2.43 5.11 6.67
BIL
USD SPDR Blmbg Barclays 1-3 Mth T-Bill 0.03 Mar 01 2024 0.03 0.44 2.62 5.20 1.82 1.18 2.26 3.11
Returns over 1 year are annualized | Available data source: since Jan 1985
(*) Eastern Time (ET - America/New York)
US Inflation is updated to Jan 2024. Pending updates, the monthly inflation is set at 0% for the subsequent periods. Current inflation (annualized) is 1Y: 2.71% , 5Y: 4.10% , 10Y: 2.77% , 30Y: 2.52%

In 2023, the Burton Malkiel Mid-Fifties Portfolio granted a 3.12% dividend yield. If you are interested in getting periodic income, please refer to the Burton Malkiel Mid-Fifties Portfolio: Dividend Yield page.

Capital Growth as of Feb 29, 2024

An investment of 1$, since March 1994, now would be worth 10.95$, with a total return of 994.85% (8.30% annualized).

The Inflation Adjusted Capital now would be 5.19$, with a net total return of 418.64% (5.64% annualized).
An investment of 1$, since January 1985, now would be worth 44.74$, with a total return of 4373.73% (10.19% annualized).

The Inflation Adjusted Capital now would be 15.24$, with a net total return of 1424.06% (7.20% annualized).

Portfolio Metrics as of Feb 29, 2024

Metrics of Burton Malkiel Mid-Fifties Portfolio, updated as of 29 February 2024.

Metrics are calculated based on monthly returns, assuming:
BURTON MALKIEL MID-FIFTIES PORTFOLIO
Advanced Metrics
Data Source: 1 January 1985 - 29 February 2024 (~39 years)
Swipe left to see all data
Metrics as of Feb 29, 2024
1M 3M 6M 1Y 3Y 5Y 10Y 20Y 30Y MAX
(~39Y)
Investment Return (%) 3.05 7.24 8.50 15.09 3.82 7.40 7.00 7.64 8.30 10.19
Infl. Adjusted Return (%) details 3.05 6.67 7.27 12.05 -1.61 3.17 4.11 4.95 5.64 7.20
US Inflation (%) 0.00 0.54 1.14 2.71 5.52 4.10 2.77 2.56 2.52 2.79
Pending updates, the monthly inflation after Jan 2024 is set at 0%. Returns / Inflation rates over 1 year are annualized.
DRAWDOWN
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y 20Y 30Y MAX
Deepest Drawdown Depth (%) -9.23 -24.05 -24.05 -24.05 -46.21 -46.21 -46.21
Start to Recovery (# months) details 5 26* 26* 26* 40 40 40
Start (yyyy mm) 2023 08 2022 01 2022 01 2022 01 2007 11 2007 11 2007 11
Start to Bottom (# months) 3 9 9 9 16 16 16
Bottom (yyyy mm) 2023 10 2022 09 2022 09 2022 09 2009 02 2009 02 2009 02
Bottom to End (# months) 2 17 17 17 24 24 24
End (yyyy mm) 2023 12 - - - 2011 02 2011 02 2011 02
Longest Drawdown Depth (%)
same as
deepest

same as
deepest

same as
deepest

same as
deepest

same as
deepest

same as
deepest

same as
deepest
Start to Recovery (# months) details
Start (yyyy mm) 2023 08 2022 01 2022 01 2022 01 2007 11 2007 11 2007 11
Start to Bottom (# months) 3 9 9 9 16 16 16
Bottom (yyyy mm) 2023 10 2022 09 2022 09 2022 09 2009 02 2009 02 2009 02
Bottom to End (# months) 2 17 17 17 24 24 24
End (yyyy mm) 2023 12 - - - 2011 02 2011 02 2011 02
Longest negative period (# months) details 8 32 34 34 61 63 63
Period Start (yyyy mm) 2023 03 2021 03 2021 01 2021 01 2004 03 2003 12 2003 12
Period End (yyyy mm) 2023 10 2023 10 2023 10 2023 10 2009 03 2009 02 2009 02
Annualized Return (%) -1.30 -1.37 -0.91 -0.91 -0.22 0.00 0.00
Drawdowns / Negative periods marked with * are in progress
Deepest Drawdown Depth (%) -10.09 -28.46 -28.46 -28.46 -47.09 -47.09 -47.09
Start to Recovery (# months) details 5 30* 30* 30* 62 62 62
Start (yyyy mm) 2023 08 2021 09 2021 09 2021 09 2007 11 2007 11 2007 11
Start to Bottom (# months) 3 13 13 13 16 16 16
Bottom (yyyy mm) 2023 10 2022 09 2022 09 2022 09 2009 02 2009 02 2009 02
Bottom to End (# months) 2 17 17 17 46 46 46
End (yyyy mm) 2023 12 - - - 2012 12 2012 12 2012 12
Longest Drawdown Depth (%)
same as
deepest

same as
deepest

same as
deepest

same as
deepest

same as
deepest

same as
deepest

same as
deepest
Start to Recovery (# months) details
Start (yyyy mm) 2023 08 2021 09 2021 09 2021 09 2007 11 2007 11 2007 11
Start to Bottom (# months) 3 13 13 13 16 16 16
Bottom (yyyy mm) 2023 10 2022 09 2022 09 2022 09 2009 02 2009 02 2009 02
Bottom to End (# months) 2 17 17 17 46 46 46
End (yyyy mm) 2023 12 - - - 2012 12 2012 12 2012 12
Longest negative period (# months) details 8 36* 54 69 69 116 116
Period Start (yyyy mm) 2023 03 2021 03 2019 05 2018 02 2018 02 1999 07 1999 07
Period End (yyyy mm) 2023 10 2024 02 2023 10 2023 10 2023 10 2009 02 2009 02
Annualized Return (%) -4.19 -1.61 -0.41 -0.33 -0.33 -0.10 -0.10
Drawdowns / Negative periods marked with * are in progress
RISK INDICATORS
1Y 3Y 5Y 10Y 20Y 30Y MAX
Standard Deviation (%) 12.59 14.72 15.06 12.38 13.53 12.98 13.03
Sharpe Ratio 0.79 0.10 0.37 0.47 0.47 0.47 0.48
Sortino Ratio 1.15 0.14 0.49 0.63 0.61 0.60 0.62
Ulcer Index 3.39 10.96 9.16 6.93 10.24 8.89 8.23
Ratio: Return / Standard Deviation 1.20 0.26 0.49 0.57 0.56 0.64 0.78
Ratio: Return / Deepest Drawdown 1.63 0.16 0.31 0.29 0.17 0.18 0.22
% Positive Months details 58% 55% 60% 62% 64% 64% 65%
Positive Months 7 20 36 75 154 233 308
Negative Months 5 16 24 45 86 127 162
LONG TERM RETURNS
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y 20Y 30Y MAX
Best 10 Years Return (%) - Annualized 7.00 12.73 12.73 15.46
Worst 10 Years Return (%) - Annualized 5.23 3.48 3.48
Best 10 Years Return (%) - Annualized 4.11 10.78 10.78 11.91
Worst 10 Years Return (%) - Annualized 2.88 0.87 0.87
ROLLING PERIODS
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y 20Y 30Y MAX
Over the latest 30Y
Best Rolling Return (%) - Annualized 55.26 24.79 19.21 12.73 9.71 8.30
Worst Rolling Return (%) - Annualized -39.51 -11.17 -1.65 3.48 6.51
% Positive Periods 78% 89% 99% 100% 100% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 74.68 25.67 16.57 9.79 7.22 7.30
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - 1.08 4.19 5.89
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Best Rolling Return (%) - Annualized 51.99 21.88 16.81 10.78 7.30 5.64
Worst Rolling Return (%) - Annualized -39.51 -13.07 -4.18 0.87 4.34
% Positive Periods 74% 83% 95% 100% 100% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 74.68 25.67 16.57 9.79 7.22 7.30
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - 1.08 4.19 5.89
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Over all the available data source (Jan 1985 - Feb 2024)
Best Rolling Return (%) - Annualized 55.26 24.79 19.21 15.46 12.97 11.22
Worst Rolling Return (%) - Annualized -39.51 -11.17 -1.65 3.48 6.51 7.86
% Positive Periods 79% 92% 99% 100% 100% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 74.68 25.67 16.57 9.79 7.22 7.01
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - 1.08 4.19 5.57
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Best Rolling Return (%) - Annualized 51.99 21.88 16.81 11.91 9.65 8.27
Worst Rolling Return (%) - Annualized -39.51 -13.07 -4.18 0.87 4.34 5.21
% Positive Periods 76% 87% 96% 100% 100% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 74.68 25.67 16.57 9.79 7.22 7.01
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - 1.08 4.19 5.57
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Terms and Definitions
  • Annualized Portfolio Return: it's the annualized geometric mean return of the portfolio.
  • Deepest/Longest Drawdown: a drawdown refers to the decline in value from a relative peak value to a relative trough. The deepest (or maximum) drawdown is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained. The longest drawdown is the period observed from a peak to the subsequent peak with the greatest duration.
  • Longest negative period: it's the maximum period for which an overall negative return has been observed.
  • Standard Deviation: it's a measure of the dispersion of returns around the mean.
  • Sharpe Ratio: it's a measure of risk-adjusted performance of the portfolio. It's calculated by dividing the excess return of the portfolio over the risk-free rate by the portfolio standard deviation. The risk-free rate here considered is the 1-3 Mth T-Bill return.
  • Sortino Ratio: another measure of risk-adjusted performance of the portfolio. It's a modification of the Sharpe Ratio (same formula but the denominator is the portfolio downside standard deviation).
  • Ulcer Index: it's a measure of downside risk that quantifies the depth and duration of drawdowns in an investment portfolio.
  • Best/Worst 10Y returns: the best and the worst 10-year return over a time frame.
  • Rolling Returns: N-year returns over a time frame, calculated over all the available data source (best, worst, % of positive returns). Each rolling period, longer than the longest negative period, yielded a non-negative minimum return.
  • Safe Withdrawal Rate (SWR): it's the percentage of the initial portfolio balance that can be withdrawn at the beginning of each month with inflation adjustment, without the portfolio running out of money in any case (money amount withdrawal).
    For instance: Your initial invested capital is 100.000$; withdrawal rate (annualized) is 4%. This means that, in the first month, you will withdraw 100.000 * 4% * 1/12 = 333.33$. The second month, you’ll withdraw 333.33$ plus the inflation monthly rate. You’ll continue adjusting your withdraw monthly for inflation.
  • Perpetual Withdrawal Rate (PWR): it's the percentage of the initial portfolio balance that can be withdrawn at the beginning of each month with inflation adjustment, preserving the original invested capital, adjusted for inflation too.

Portfolio Components Correlation

Correlation measures to what degree the returns of the two assets move in relation to each other.

Correlation coefficient is a numerical value between -1 and +1. If one variable goes up by a certain amount, the correlation coefficient indicates which way the other variable moves and by how much.
Asset correlations are calculated based on monthly returns.
COMPONENTS MONTHLY CORRELATIONS
Monthly correlations as of 29 February 2024
Swipe left to see all data
Asset
VTI
EEM
EFA
VIG
VNQ
EMB
LQD
BIL
VTI
-
0.87
0.91
0.95
0.89
0.92
0.75
0.26
EEM
0.87
-
0.88
0.82
0.81
0.86
0.66
0.01
EFA
0.91
0.88
-
0.95
0.89
0.93
0.83
0.13
VIG
0.95
0.82
0.95
-
0.89
0.90
0.75
0.30
VNQ
0.89
0.81
0.89
0.89
-
0.96
0.80
0.33
EMB
0.92
0.86
0.93
0.90
0.96
-
0.91
0.23
LQD
0.75
0.66
0.83
0.75
0.80
0.91
-
0.19
BIL
0.26
0.01
0.13
0.30
0.33
0.23
0.19
-
Asset
VTI
EEM
EFA
VIG
VNQ
EMB
LQD
BIL
VTI
-
0.75
0.90
0.95
0.86
0.79
0.67
-0.05
EEM
0.75
-
0.85
0.67
0.67
0.81
0.66
-0.03
EFA
0.90
0.85
-
0.89
0.82
0.84
0.71
0.00
VIG
0.95
0.67
0.89
-
0.85
0.75
0.63
-0.06
VNQ
0.86
0.67
0.82
0.85
-
0.80
0.72
-0.11
EMB
0.79
0.81
0.84
0.75
0.80
-
0.86
0.06
LQD
0.67
0.66
0.71
0.63
0.72
0.86
-
0.06
BIL
-0.05
-0.03
0.00
-0.06
-0.11
0.06
0.06
-
Asset
VTI
EEM
EFA
VIG
VNQ
EMB
LQD
BIL
VTI
-
0.70
0.87
0.95
0.76
0.68
0.57
-0.02
EEM
0.70
-
0.82
0.64
0.56
0.75
0.59
-0.02
EFA
0.87
0.82
-
0.84
0.68
0.76
0.62
0.02
VIG
0.95
0.64
0.84
-
0.75
0.64
0.54
-0.02
VNQ
0.76
0.56
0.68
0.75
-
0.69
0.69
-0.09
EMB
0.68
0.75
0.76
0.64
0.69
-
0.85
0.03
LQD
0.57
0.59
0.62
0.54
0.69
0.85
-
0.04
BIL
-0.02
-0.02
0.02
-0.02
-0.09
0.03
0.04
-
Asset
VTI
EEM
EFA
VIG
VNQ
EMB
LQD
BIL
VTI
-
0.76
0.84
0.76
0.63
0.57
0.32
-0.02
EEM
0.76
-
0.82
0.57
0.53
0.67
0.29
-0.04
EFA
0.84
0.82
-
0.62
0.61
0.60
0.36
-0.03
VIG
0.76
0.57
0.62
-
0.58
0.50
0.31
0.02
VNQ
0.63
0.53
0.61
0.58
-
0.52
0.44
-0.01
EMB
0.57
0.67
0.60
0.50
0.52
-
0.58
0.07
LQD
0.32
0.29
0.36
0.31
0.44
0.58
-
0.00
BIL
-0.02
-0.04
-0.03
0.02
-0.01
0.07
0.00
-
Asset
VTI
EEM
EFA
VIG
VNQ
EMB
LQD
BIL
VTI
-
0.71
0.72
0.81
0.63
0.56
0.32
0.01
EEM
0.71
-
0.66
0.58
0.49
0.62
0.28
0.03
EFA
0.72
0.66
-
0.56
0.53
0.53
0.33
0.03
VIG
0.81
0.58
0.56
-
0.59
0.50
0.31
0.03
VNQ
0.63
0.49
0.53
0.59
-
0.51
0.40
-0.02
EMB
0.56
0.62
0.53
0.50
0.51
-
0.60
0.06
LQD
0.32
0.28
0.33
0.31
0.40
0.60
-
0.08
BIL
0.01
0.03
0.03
0.03
-0.02
0.06
0.08
-

If you want to learn more about historical correlations, you can find out here how the main asset class are correlated to each other.

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.

BURTON MALKIEL MID-FIFTIES PORTFOLIO
Drawdown periods
Drawdown periods - Inflation Adjusted
Data Source: 1 March 1994 - 29 February 2024 (30 Years)
Data Source: 1 January 1985 - 29 February 2024 (~39 years)
Inflation Adjusted:
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-46.21% Nov 2007 Feb 2009 16 Feb 2011 24 40 21.33
-24.05% Jan 2022 Sep 2022 9 in progress 17 26 12.80
-18.63% Jan 2020 Mar 2020 3 Aug 2020 5 8 8.44
-18.18% May 1998 Aug 1998 4 Apr 1999 8 12 7.28
-15.78% May 2011 Sep 2011 5 Mar 2012 6 11 6.66
-15.37% Apr 2002 Sep 2002 6 Jun 2003 9 15 9.56
-13.61% Sep 2000 Sep 2001 13 Mar 2002 6 19 6.04
-10.02% Feb 2018 Dec 2018 11 Mar 2019 3 14 4.35
-9.21% May 2015 Feb 2016 10 Jun 2016 4 14 5.08
-6.70% Apr 2004 Apr 2004 1 Oct 2004 6 7 3.76
-6.25% Apr 2012 May 2012 2 Aug 2012 3 5 2.77
-5.99% Sep 1994 Jan 1995 5 May 1995 4 9 3.56
-5.58% Oct 1997 Oct 1997 1 Feb 1998 4 5 3.29
-5.12% Mar 1994 Mar 1994 1 Aug 1994 5 6 3.31
-4.62% Aug 1997 Aug 1997 1 Sep 1997 1 2 2.67
Swipe left to see all data
Drawdown (DD)
Occurrencies (EOM)
Drawdown (DD)
Range #Num Every (Avg) Frequency Cumulative Frequency
All Time High (DD=0%) 132 2.7 Months 36.57%
 
DD = 0% 36.57%
 
0% < DD <= -5% 125 2.9 Months 34.63%
 
DD <= -5% 71.19%
 
-5% < DD <= -10% 43 8.4 Months 11.91%
 
DD <= -10% 83.10%
 
-10% < DD <= -15% 30 12.0 Months 8.31%
 
DD <= -15% 91.41%
 
-15% < DD <= -20% 16 22.6 Months 4.43%
 
DD <= -20% 95.84%
 
-20% < DD <= -25% 5 72.2 Months 1.39%
 
DD <= -25% 97.23%
 
-25% < DD <= -30% 1 361.0 Months 0.28%
 
DD <= -30% 97.51%
 
-30% < DD <= -35% 3 120.3 Months 0.83%
 
DD <= -35% 98.34%
 
-35% < DD <= -40% 3 120.3 Months 0.83%
 
DD <= -40% 99.17%
 
-40% < DD <= -45% 2 180.5 Months 0.55%
 
DD <= -45% 99.72%
 
-45% < DD <= -50% 1 361.0 Months 0.28%
 
DD <= -50% 100.00%
 
-50% < DD <= -55% 0 - 0.00%
 
DD <= -55% 100.00%
 
-55% < DD <= -60% 0 - 0.00%
 
DD <= -60% 100.00%
 
-60% < DD <= -65% 0 - 0.00%
 
DD <= -65% 100.00%
 
-65% < DD <= -70% 0 - 0.00%
 
DD <= -70% 100.00%
 
-70% < DD <= -100% 0 - 0.00%
 
DD <= -100% 100.00%
 
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-47.09% Nov 2007 Feb 2009 16 Dec 2012 46 62 19.17
-28.46% Sep 2021 Sep 2022 13 in progress 17 30 17.11
-19.10% Sep 2000 Sep 2002 25 Oct 2003 13 38 10.24
-18.79% Apr 1998 Aug 1998 5 Apr 1999 8 13 7.57
-18.48% Jan 2020 Mar 2020 3 Aug 2020 5 8 8.14
-11.41% Feb 2018 Dec 2018 11 Jun 2019 6 17 4.86
-9.89% Mar 2015 Feb 2016 12 Jul 2016 5 17 5.32
-7.53% Mar 1994 Jan 1995 11 May 1995 4 15 4.54
-6.85% Apr 2004 Apr 2004 1 Oct 2004 6 7 4.31
-5.94% Aug 1997 Oct 1997 3 Feb 1998 4 7 3.62
-4.91% Jul 1999 Sep 1999 3 Dec 1999 3 6 2.58
-4.36% Jun 2007 Jul 2007 2 Sep 2007 2 4 2.43
-4.30% May 2013 Aug 2013 4 Oct 2013 2 6 2.39
-3.87% Sep 2020 Oct 2020 2 Nov 2020 1 3 2.25
-3.83% Jan 2000 May 2000 5 Aug 2000 3 8 2.20
Swipe left to see all data
Drawdown (DD)
Occurrencies (EOM)
Drawdown (DD)
Range #Num Every (Avg) Frequency Cumulative Frequency
All Time High (DD=0%) 101 3.6 Months 27.98%
 
DD = 0% 27.98%
 
0% < DD <= -5% 127 2.8 Months 35.18%
 
DD <= -5% 63.16%
 
-5% < DD <= -10% 54 6.7 Months 14.96%
 
DD <= -10% 78.12%
 
-10% < DD <= -15% 23 15.7 Months 6.37%
 
DD <= -15% 84.49%
 
-15% < DD <= -20% 30 12.0 Months 8.31%
 
DD <= -20% 92.80%
 
-20% < DD <= -25% 13 27.8 Months 3.60%
 
DD <= -25% 96.40%
 
-25% < DD <= -30% 4 90.3 Months 1.11%
 
DD <= -30% 97.51%
 
-30% < DD <= -35% 2 180.5 Months 0.55%
 
DD <= -35% 98.06%
 
-35% < DD <= -40% 3 120.3 Months 0.83%
 
DD <= -40% 98.89%
 
-40% < DD <= -45% 3 120.3 Months 0.83%
 
DD <= -45% 99.72%
 
-45% < DD <= -50% 1 361.0 Months 0.28%
 
DD <= -50% 100.00%
 
-50% < DD <= -55% 0 - 0.00%
 
DD <= -55% 100.00%
 
-55% < DD <= -60% 0 - 0.00%
 
DD <= -60% 100.00%
 
-60% < DD <= -65% 0 - 0.00%
 
DD <= -65% 100.00%
 
-65% < DD <= -70% 0 - 0.00%
 
DD <= -70% 100.00%
 
-70% < DD <= -100% 0 - 0.00%
 
DD <= -100% 100.00%
 
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-46.21% Nov 2007 Feb 2009 16 Feb 2011 24 40 21.33
-24.05% Jan 2022 Sep 2022 9 in progress 17 26 12.80
-21.56% Sep 1987 Nov 1987 3 Jan 1989 14 17 10.59
-18.63% Jan 2020 Mar 2020 3 Aug 2020 5 8 8.44
-18.18% May 1998 Aug 1998 4 Apr 1999 8 12 7.28
-16.09% Aug 1990 Sep 1990 2 Feb 1991 5 7 9.29
-15.78% May 2011 Sep 2011 5 Mar 2012 6 11 6.66
-15.37% Apr 2002 Sep 2002 6 Jun 2003 9 15 9.56
-13.61% Sep 2000 Sep 2001 13 Mar 2002 6 19 6.04
-10.02% Feb 2018 Dec 2018 11 Mar 2019 3 14 4.35
-9.21% May 2015 Feb 2016 10 Jun 2016 4 14 5.08
-8.22% Feb 1994 Jan 1995 12 May 1995 4 16 5.73
-8.16% Jan 1990 Apr 1990 4 Jul 1990 3 7 4.53
-6.70% Apr 2004 Apr 2004 1 Oct 2004 6 7 3.76
-6.25% Apr 2012 May 2012 2 Aug 2012 3 5 2.77
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Drawdown (DD)
Occurrencies (EOM)
Drawdown (DD)
Range #Num Every (Avg) Frequency Cumulative Frequency
All Time High (DD=0%) 184 2.6 Months 39.07%
 
DD = 0% 39.07%
 
0% < DD <= -5% 155 3.0 Months 32.91%
 
DD <= -5% 71.97%
 
-5% < DD <= -10% 63 7.5 Months 13.38%
 
DD <= -10% 85.35%
 
-10% < DD <= -15% 34 13.9 Months 7.22%
 
DD <= -15% 92.57%
 
-15% < DD <= -20% 19 24.8 Months 4.03%
 
DD <= -20% 96.60%
 
-20% < DD <= -25% 6 78.5 Months 1.27%
 
DD <= -25% 97.88%
 
-25% < DD <= -30% 1 471.0 Months 0.21%
 
DD <= -30% 98.09%
 
-30% < DD <= -35% 3 157.0 Months 0.64%
 
DD <= -35% 98.73%
 
-35% < DD <= -40% 3 157.0 Months 0.64%
 
DD <= -40% 99.36%
 
-40% < DD <= -45% 2 235.5 Months 0.42%
 
DD <= -45% 99.79%
 
-45% < DD <= -50% 1 471.0 Months 0.21%
 
DD <= -50% 100.00%
 
-50% < DD <= -55% 0 - 0.00%
 
DD <= -55% 100.00%
 
-55% < DD <= -60% 0 - 0.00%
 
DD <= -60% 100.00%
 
-60% < DD <= -65% 0 - 0.00%
 
DD <= -65% 100.00%
 
-65% < DD <= -70% 0 - 0.00%
 
DD <= -70% 100.00%
 
-70% < DD <= -100% 0 - 0.00%
 
DD <= -100% 100.00%
 
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-47.09% Nov 2007 Feb 2009 16 Dec 2012 46 62 19.17
-28.46% Sep 2021 Sep 2022 13 in progress 17 30 17.11
-22.31% Sep 1987 Nov 1987 3 May 1989 18 21 11.30
-19.10% Sep 2000 Sep 2002 25 Oct 2003 13 38 10.24
-18.93% Jan 1990 Sep 1990 9 May 1991 8 17 9.02
-18.79% Apr 1998 Aug 1998 5 Apr 1999 8 13 7.57
-18.48% Jan 2020 Mar 2020 3 Aug 2020 5 8 8.14
-11.41% Feb 2018 Dec 2018 11 Jun 2019 6 17 4.86
-10.78% Feb 1994 Jan 1995 12 Jul 1995 6 18 7.02
-9.89% Mar 2015 Feb 2016 12 Jul 2016 5 17 5.32
-6.85% Apr 2004 Apr 2004 1 Oct 2004 6 7 4.31
-5.94% Aug 1997 Oct 1997 3 Feb 1998 4 7 3.62
-5.43% Sep 1986 Sep 1986 1 Jan 1987 4 5 3.28
-4.91% Jul 1999 Sep 1999 3 Dec 1999 3 6 2.58
-4.64% Jun 1991 Jun 1991 1 Aug 1991 2 3 2.46
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Drawdown (DD)
Occurrencies (EOM)
Drawdown (DD)
Range #Num Every (Avg) Frequency Cumulative Frequency
All Time High (DD=0%) 143 3.3 Months 30.36%
 
DD = 0% 30.36%
 
0% < DD <= -5% 163 2.9 Months 34.61%
 
DD <= -5% 64.97%
 
-5% < DD <= -10% 69 6.8 Months 14.65%
 
DD <= -10% 79.62%
 
-10% < DD <= -15% 35 13.5 Months 7.43%
 
DD <= -15% 87.05%
 
-15% < DD <= -20% 34 13.9 Months 7.22%
 
DD <= -20% 94.27%
 
-20% < DD <= -25% 14 33.6 Months 2.97%
 
DD <= -25% 97.24%
 
-25% < DD <= -30% 4 117.8 Months 0.85%
 
DD <= -30% 98.09%
 
-30% < DD <= -35% 2 235.5 Months 0.42%
 
DD <= -35% 98.51%
 
-35% < DD <= -40% 3 157.0 Months 0.64%
 
DD <= -40% 99.15%
 
-40% < DD <= -45% 3 157.0 Months 0.64%
 
DD <= -45% 99.79%
 
-45% < DD <= -50% 1 471.0 Months 0.21%
 
DD <= -50% 100.00%
 
-50% < DD <= -55% 0 - 0.00%
 
DD <= -55% 100.00%
 
-55% < DD <= -60% 0 - 0.00%
 
DD <= -60% 100.00%
 
-60% < DD <= -65% 0 - 0.00%
 
DD <= -65% 100.00%
 
-65% < DD <= -70% 0 - 0.00%
 
DD <= -70% 100.00%
 
-70% < DD <= -100% 0 - 0.00%
 
DD <= -100% 100.00%
 

Rolling Returns

( more details)

A rolling return is a measure of investment performance that calculates the return of an investment over a set period of time, with the starting date rolling forward. This approach can provide a more accurate representation of the investment's historical performance and helps investors to evaluate the investment's consistency over time.

BURTON MALKIEL MID-FIFTIES PORTFOLIO
Annualized Rolling Returns
Annualized Rolling Returns - Inflation Adjusted
Data Source: 1 March 1994 - 29 February 2024 (30 Years)
Data Source: 1 January 1985 - 29 February 2024 (~39 years)
Inflation Adjusted:
Swipe left to see all data
Rolling
Period
Worst Period
15th Percentile
50th Percentile
85th Percentile
Best Period
Latest Negative
Periods
Ann.
Return
From
To
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
From
To
Growth
of 1$
1Y -39.51 03/2008
02/2009
0.60$ -3.20 0.96$ 10.89 1.10$ 20.43 1.20$ 55.26 03/2009
02/2010
1.55$ 15.09 21.49%
2Y -22.12 03/2007
02/2009
0.60$ 0.07 1.00$ 9.18 1.19$ 17.43 1.37$ 36.93 03/2009
02/2011
1.87$ 2.72 14.84%
3Y -11.17 03/2006
02/2009
0.70$ 3.08 1.09$ 8.71 1.28$ 14.85 1.51$ 24.79 03/2009
02/2012
1.94$ 3.82 10.15%
5Y -1.65 03/2004
02/2009
0.92$ 4.57 1.25$ 7.86 1.45$ 12.69 1.81$ 19.21 03/2009
02/2014
2.40$ 7.40 0.66%
7Y 2.16 03/2002
02/2009
1.16$ 6.11 1.51$ 8.28 1.74$ 10.25 1.98$ 13.40 03/2009
02/2016
2.41$ 7.43 0.00%
10Y 3.48 03/1999
02/2009
1.40$ 6.27 1.83$ 8.49 2.25$ 10.51 2.71$ 12.73 03/2009
02/2019
3.31$ 7.00 0.00%
15Y 4.90 10/2007
09/2022
2.04$ 7.08 2.78$ 7.99 3.16$ 8.88 3.58$ 10.93 03/2009
02/2024
4.73$ 10.93 0.00%
20Y 6.51 04/2000
03/2020
3.53$ 7.70 4.40$ 8.20 4.84$ 9.05 5.65$ 9.71 03/1995
02/2015
6.38$ 7.64 0.00%
30Y 8.30 03/1994
02/2024
10.94$ 8.30 10.94$ 8.30 10.94$ 8.30 10.94$ 8.30 03/1994
02/2024
10.94$ 8.30 0.00%
Annualized rolling and percentiles/median returns over full calendar month periods
Swipe left to see all data
Rolling
Period
Worst Period
15th Percentile
50th Percentile
85th Percentile
Best Period
Latest Negative
Periods
Ann.
Return
From
To
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
From
To
Growth
of 1$
1Y -39.51 03/2008
02/2009
0.60$ -5.03 0.94$ 8.50 1.08$ 17.59 1.17$ 51.99 03/2009
02/2010
1.51$ 12.05 25.21%
2Y -23.69 03/2007
02/2009
0.58$ -2.63 0.94$ 6.92 1.14$ 14.39 1.30$ 34.06 03/2009
02/2011
1.79$ -1.53 19.29%
3Y -13.07 03/2006
02/2009
0.65$ -0.56 0.98$ 6.54 1.20$ 11.97 1.40$ 21.88 03/2009
02/2012
1.81$ -1.61 16.92%
5Y -4.18 03/2004
02/2009
0.80$ 1.57 1.08$ 5.57 1.31$ 10.09 1.61$ 16.81 03/2009
02/2014
2.17$ 3.17 4.32%
7Y -0.41 03/2002
02/2009
0.97$ 3.70 1.28$ 6.04 1.50$ 7.63 1.67$ 11.64 03/2009
02/2016
2.16$ 3.83 0.36%
10Y 0.87 03/1999
02/2009
1.09$ 3.90 1.46$ 6.02 1.79$ 7.88 2.13$ 10.78 03/2009
02/2019
2.78$ 4.11 0.00%
15Y 2.47 10/2007
09/2022
1.44$ 4.75 2.00$ 5.68 2.28$ 6.46 2.55$ 8.18 03/2009
02/2024
3.25$ 8.18 0.00%
20Y 4.34 04/2000
03/2020
2.33$ 5.34 2.83$ 5.87 3.13$ 6.67 3.63$ 7.30 03/1995
02/2015
4.09$ 4.95 0.00%
30Y 5.64 03/1994
02/2024
5.18$ 5.64 5.18$ 5.64 5.18$ 5.64 5.18$ 5.64 03/1994
02/2024
5.18$ 5.64 0.00%
Annualized rolling and percentiles/median returns over full calendar month periods
Swipe left to see all data
Rolling
Period
Worst Period
15th Percentile
50th Percentile
85th Percentile
Best Period
Latest Negative
Periods
Ann.
Return
From
To
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
From
To
Growth
of 1$
1Y -39.51 03/2008
02/2009
0.60$ -2.51 0.97$ 11.86 1.11$ 22.30 1.22$ 55.26 03/2009
02/2010
1.55$ 15.09 20.48%
2Y -22.12 03/2007
02/2009
0.60$ 2.44 1.04$ 9.98 1.20$ 17.98 1.39$ 36.93 03/2009
02/2011
1.87$ 2.72 11.19%
3Y -11.17 03/2006
02/2009
0.70$ 4.29 1.13$ 10.46 1.34$ 15.44 1.53$ 24.79 03/2009
02/2012
1.94$ 3.82 7.59%
5Y -1.65 03/2004
02/2009
0.92$ 5.25 1.29$ 9.74 1.59$ 14.73 1.98$ 19.21 03/2009
02/2014
2.40$ 7.40 0.49%
7Y 2.16 03/2002
02/2009
1.16$ 6.48 1.55$ 9.17 1.84$ 13.50 2.42$ 18.16 10/1990
09/1997
3.21$ 7.43 0.00%
10Y 3.48 03/1999
02/2009
1.40$ 6.57 1.88$ 9.23 2.41$ 12.93 3.37$ 15.46 12/1987
11/1997
4.21$ 7.00 0.00%
15Y 4.90 10/2007
09/2022
2.04$ 7.33 2.89$ 8.74 3.51$ 11.59 5.18$ 14.96 01/1985
12/1999
8.09$ 10.93 0.00%
20Y 6.51 04/2000
03/2020
3.53$ 7.89 4.56$ 9.05 5.65$ 11.54 8.87$ 12.97 01/1985
12/2004
11.46$ 7.64 0.00%
30Y 7.86 11/1993
10/2023
9.68$ 8.71 12.26$ 9.68 15.98$ 10.14 18.11$ 11.22 01/1985
12/2014
24.26$ 8.30 0.00%
Annualized rolling and percentiles/median returns over full calendar month periods
Swipe left to see all data
Rolling
Period
Worst Period
15th Percentile
50th Percentile
85th Percentile
Best Period
Latest Negative
Periods
Ann.
Return
From
To
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
From
To
Growth
of 1$
1Y -39.51 03/2008
02/2009
0.60$ -5.07 0.94$ 9.34 1.09$ 19.10 1.19$ 51.99 03/2009
02/2010
1.51$ 12.05 23.97%
2Y -23.69 03/2007
02/2009
0.58$ 0.01 1.00$ 7.30 1.15$ 14.82 1.31$ 34.06 03/2009
02/2011
1.79$ -1.53 14.77%
3Y -13.07 03/2006
02/2009
0.65$ 1.17 1.03$ 7.56 1.24$ 12.01 1.40$ 21.88 03/2009
02/2012
1.81$ -1.61 12.87%
5Y -4.18 03/2004
02/2009
0.80$ 2.58 1.13$ 7.17 1.41$ 11.25 1.70$ 16.81 03/2009
02/2014
2.17$ 3.17 3.16%
7Y -0.41 03/2002
02/2009
0.97$ 3.88 1.30$ 6.89 1.59$ 9.95 1.94$ 14.90 10/1990
09/1997
2.64$ 3.83 0.26%
10Y 0.87 03/1999
02/2009
1.09$ 4.41 1.53$ 6.84 1.93$ 9.47 2.47$ 11.91 10/1990
09/2000
3.08$ 4.11 0.00%
15Y 2.47 10/2007
09/2022
1.44$ 5.13 2.11$ 6.22 2.47$ 8.56 3.42$ 11.42 01/1985
12/1999
5.06$ 8.18 0.00%
20Y 4.34 04/2000
03/2020
2.33$ 5.56 2.94$ 6.49 3.51$ 8.19 4.83$ 9.65 01/1985
12/2004
6.30$ 4.95 0.00%
30Y 5.21 11/1993
10/2023
4.58$ 6.05 5.82$ 6.92 7.43$ 7.53 8.81$ 8.27 01/1985
12/2014
10.83$ 5.64 0.00%
Annualized rolling and percentiles/median returns over full calendar month periods

If you need a deeper detail about rolling returns, please refer to the Burton Malkiel Mid-Fifties Portfolio: Rolling Returns page.

Seasonality

In which months is it better to invest in Burton Malkiel Mid-Fifties Portfolio?

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
Gain Frequency
0.05
20%
-1.61
40%
-1.12
80%
1.79
80%
-0.14
40%
1.46
80%
2.87
100%
-0.29
40%
-3.52
20%
1.32
60%
4.97
80%
2.52
80%
Best 6.8
2023
3.1
2024
2.5
2021
8.3
2020
3.9
2020
5.1
2019
5.6
2022
3.7
2020
1.5
2019
4.4
2021
9.4
2020
5.1
2023
Worst -4.4
2022
-5.7
2020
-13.0
2020
-6.4
2022
-3.9
2019
-6.6
2022
0.4
2019
-3.7
2022
-8.8
2022
-2.5
2023
-2.2
2021
-3.5
2022
Monthly Seasonality over the period Feb 1985 - Feb 2024
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
Gain Frequency
0.97
50%
-0.51
50%
0.22
70%
1.23
80%
0.36
60%
0.89
70%
2.24
90%
-0.33
50%
-2.11
40%
0.85
60%
2.97
70%
0.77
60%
Best 7.6
2019
3.2
2015
7.2
2016
8.3
2020
3.9
2020
5.1
2019
5.6
2022
3.7
2020
1.5
2019
5.7
2015
9.4
2020
5.1
2023
Worst -4.4
2022
-5.7
2020
-13.0
2020
-6.4
2022
-3.9
2019
-6.6
2022
-1.1
2014
-5.6
2015
-8.8
2022
-5.9
2018
-2.2
2021
-5.7
2018
Monthly Seasonality over the period Feb 1985 - Feb 2024
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
Gain Frequency
1.20
58%
0.54
63%
0.86
69%
1.69
82%
0.84
62%
0.46
64%
1.45
69%
-0.13
56%
-0.60
51%
0.53
64%
1.46
67%
2.31
82%
Best 9.7
1987
6.7
1991
7.5
2009
11.7
2009
7.1
2009
5.1
2019
7.9
2009
5.6
1986
7.1
2010
9.9
2011
9.4
2020
12.4
1991
Worst -9.2
2009
-9.7
2009
-13.0
2020
-6.7
2004
-6.8
2010
-7.3
2008
-7.1
2002
-14.5
1998
-8.8
2022
-18.4
2008
-6.0
2008
-5.7
2018
Monthly Seasonality over the period Feb 1985 - Feb 2024

Monthly Returns

This section provides a visual/tabular representation of the performance variability in the Burton Malkiel Mid-Fifties Portfolio over time. It illustrates the distribution of monthly returns, showcasing the range and frequency of positive and negative returns.

BURTON MALKIEL MID-FIFTIES PORTFOLIO
Monthly Returns Distribution
Data Source: 1 March 1994 - 29 February 2024 (30 Years)
Data Source: 1 January 1985 - 29 February 2024 (~39 years)
233 Positive Months (65%) - 127 Negative Months (35%)
308 Positive Months (66%) - 162 Negative Months (34%)
Swipe left to see all data
(Scroll down to see all data)
Investment Returns, up to December 2007, have been derived using the historical series of equivalent ETFs / Assets, instead of the actual ETFs of the portfolio.
You can find additional information on extended Data Sources here.

In particular, the series derived from equivalent datasets are:
  • VTI - Vanguard Total Stock Market (VTI), up to December 2001
  • EEM - iShares MSCI Emerging Markets (EEM), up to December 2003
  • EFA - iShares MSCI EAFE (EFA), up to December 2001
  • VIG - Vanguard Dividend Appreciation (VIG), up to December 2006
  • VNQ - Vanguard Real Estate (VNQ), up to December 2004
  • EMB - iShares JP Morgan USD Em Mkts Bd (EMB), up to December 2007
  • LQD - iShares Investment Grade Corporate Bond (LQD), up to December 2002
  • BIL - SPDR Blmbg Barclays 1-3 Mth T-Bill (BIL), up to December 2007

Portfolio efficiency

The following portfolios granted a higher return over 30 Years and a less severe drawdown at the same time.

Swipe left to see all data
30 Years Stats (%)
% Allocation
Portfolio Author Return Dev.Std Drawdown Stocks Bonds Comm
Stocks/Bonds 80/20 Momentum +11.32 12.42 -43.61 80 20 0
Warren Buffett Portfolio Warren Buffett +9.85 13.66 -45.52 90 10 0
Stocks/Bonds 60/40 Momentum +9.77 9.60 -32.52 60 40 0
US Stocks Minimum Volatility +9.77 13.71 -43.27 100 0 0
Stocks/Bonds 80/20 +9.29 12.51 -41.09 80 20 0
Simple Path to Wealth JL Collins +9.04 11.77 -38.53 75 25 0
Robust Alpha Architect +8.91 11.10 -44.20 70 20 10
Shield Strategy Aim Ways +8.74 8.84 -19.36 42 38 20
Dedalo Four Dedalo Invest +8.47 12.42 -43.94 80 20 0
Edge Select Aggressive Merrill Lynch +8.37 13.26 -45.65 84 16 0
Mid-Fifties Burton Malkiel +8.30 12.98 -46.21 80 20 0

Here's a list containing the Best Classic Portfolios, with the highest returns over 30 Years and Very High Risk categorization.

Swipe left to see all data
30 Years Stats (%)
% Allocation
Portfolio Author Return Dev.Std Drawdown Stocks Bonds Comm
Technology +13.98 24.02 -81.08 100 0 0
US Stocks Momentum +12.68 15.38 -53.85 100 0 0
US Stocks Quality +11.77 15.08 -46.25 100 0 0
Stocks/Bonds 80/20 Momentum +11.32 12.42 -43.61 80 20 0
US Stocks +10.22 15.55 -50.84 100 0 0
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