Merrill Lynch Edge Select Moderate Portfolio: ETF allocation and returns

Data Source: from January 1985 to November 2023 (~39 years)
Consolidated Returns as of 30 November 2023
Live Update: Dec 01 2023
PORTFOLIO • LIVE PERFORMANCE (USD currency)
0.82%
1 Day
Dec 01 2023
0.82%
Current Month
December 2023

The Merrill Lynch Edge Select Moderate Portfolio is a High Risk portfolio and can be implemented with 12 ETFs.

It's exposed for 53% on the Stock Market.

In the last 30 Years, the Merrill Lynch Edge Select Moderate Portfolio obtained a 7.20% compound annual return, with a 8.97% standard deviation.

Table of contents

Asset Allocation and ETFs

The Merrill Lynch Edge Select Moderate Portfolio has the following asset allocation:

53% Stocks
47% Fixed Income
0% Commodities

The Merrill Lynch Edge Select Moderate Portfolio can be implemented with the following ETFs:

Weight (%) Ticker Currency ETF Name Investment Themes
19.00
VUG
USD Vanguard Growth Equity, U.S., Large Cap, Growth
13.00
VEU
USD Vanguard FTSE All-World ex-US Equity, Global ex-US, Large Cap
12.00
VTV
USD Vanguard Value Equity, U.S., Large Cap, Value
5.00
EEM
USD iShares MSCI Emerging Markets Equity, Emerging Markets, Large Cap
2.00
IJS
USD iShares S&P Small-Cap 600 Value Equity, U.S., Small Cap, Value
2.00
IJT
USD iShares S&P Small-Cap 600 Growth Equity, U.S., Small Cap, Growth
14.00
IEI
USD iShares 3-7 Year Treasury Bond Bond, U.S., Intermediate-Term
14.00
LQD
USD iShares Investment Grade Corporate Bond Bond, U.S., All-Term
11.00
MBB
USD iShares MBS Bond, U.S., Long-Term
4.00
HYG
USD iShares iBoxx $ High Yield Corporate Bond Bond, U.S., Intermediate-Term
2.00
BIL
USD SPDR Blmbg Barclays 1-3 Mth T-Bill Bond, U.S., Ultra Short-Term
2.00
BNDX
USD Vanguard Total International Bond Bond, Developed Markets, All-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 Nov 30, 2023

The Merrill Lynch Edge Select Moderate Portfolio guaranteed the following returns.

Returns are calculated in USD, assuming: December 2023 return is calculated on the hypothesis of a newly built portfolio, with the starting asset allocation.
MERRILL LYNCH EDGE SELECT MODERATE PORTFOLIO
Consolidated returns as of 30 November 2023
Live Update: Dec 01 2023
Swipe left to see all data
  Chg (%) Return (%) Return (%) as of Nov 30, 2023
  1 Day Time ET(*) Dec 2023 1M 6M 1Y 5Y 10Y 30Y MAX
(~39Y)
Merrill Lynch Edge Select Moderate Portfolio 0.82 0.82 7.30 4.96 8.05 6.13 5.73 7.20 8.97
US Inflation Adjusted return 7.30 3.75 4.55 1.98 2.84 4.56 6.01
Components
VUG
USD Vanguard Growth 0.35 Dec 01 2023 0.35 11.61 12.97 28.99 16.09 13.87 10.85 12.22
VEU
USD Vanguard FTSE All-World ex-US 0.83 Dec 01 2023 0.83 8.23 5.00 8.02 5.37 3.75 5.13 7.64
VTV
USD Vanguard Value 0.89 Dec 01 2023 0.89 6.68 7.69 0.61 8.52 9.41 9.12 10.72
EEM
USD iShares MSCI Emerging Markets 0.43 Dec 01 2023 0.43 7.79 4.40 2.42 1.46 1.42 4.65 8.63
IJS
USD iShares S&P Small-Cap 600 Value 3.28 Dec 01 2023 3.28 9.07 4.59 -5.38 5.50 6.78 10.07 11.60
IJT
USD iShares S&P Small-Cap 600 Growth 2.42 Dec 01 2023 2.42 7.46 5.29 -2.96 4.98 7.65 9.18 9.77
IEI
USD iShares 3-7 Year Treasury Bond 0.60 Dec 01 2023 0.60 2.70 -0.34 1.33 0.67 0.89 4.10 5.72
LQD
USD iShares Investment Grade Corporate Bond 1.20 Dec 01 2023 1.20 7.57 0.87 2.70 2.20 2.52 5.02 6.65
MBB
USD iShares MBS 0.99 Dec 01 2023 0.99 5.21 -1.57 -0.29 -0.33 0.77 3.84 5.20
HYG
USD iShares iBoxx $ High Yield Corporate Bond 0.83 Dec 01 2023 0.83 4.88 5.29 5.68 3.00 3.09 5.33 6.82
BIL
USD SPDR Blmbg Barclays 1-3 Mth T-Bill 0.02 Dec 01 2023 0.02 0.47 2.67 4.88 1.67 1.05 2.24 3.09
BNDX
USD Vanguard Total International Bond 0.60 Dec 01 2023 0.60 3.43 1.56 2.49 0.52 2.06 4.69 6.57
Returns over 1 year are annualized | Available data source: since Jan 1985
(*) Eastern Time (ET - America/New York)
US Inflation is updated to Oct 2023. Waiting for updates, inflation of Nov 2023 is set to 0%. Current inflation (annualized) is 1Y: 3.35% , 5Y: 4.07% , 10Y: 2.82% , 30Y: 2.52%
Live update: World Markets and Indexes

In 2022, the Merrill Lynch Edge Select Moderate Portfolio granted a 1.86% dividend yield. If you are interested in getting periodic income, please refer to the Merrill Lynch Edge Select Moderate Portfolio: Dividend Yield page.

Capital Growth as of Nov 30, 2023

An investment of 1$, since December 1993, now would be worth 8.04$, with a total return of 704.41% (7.20% annualized).

The Inflation Adjusted Capital now would be 3.81$, with a net total return of 281.19% (4.56% annualized).
An investment of 1$, since January 1985, now would be worth 28.28$, with a total return of 2727.72% (8.97% annualized).

The Inflation Adjusted Capital now would be 9.68$, with a net total return of 867.78% (6.01% annualized).
Readings that may interest you

Portfolio Metrics as of Nov 30, 2023

Metrics of Merrill Lynch Edge Select Moderate Portfolio, updated as of 30 November 2023.

Metrics are calculated based on monthly returns, assuming:
MERRILL LYNCH EDGE SELECT MODERATE PORTFOLIO
Advanced Metrics
Data Source: 1 January 1985 - 30 November 2023 (~39 years)
Swipe left to see all data
Metrics as of Nov 30, 2023
1M 3M 6M 1Y 3Y 5Y 10Y 20Y 30Y MAX
(~39Y)
Investment Return (%) 7.30 1.27 4.96 8.05 1.78 6.13 5.73 6.65 7.20 8.97
Infl. Adjusted Return (%) details 7.30 1.06 3.75 4.55 -3.74 1.98 2.84 3.96 4.56 6.01
US Inflation (%) 0.00 0.21 1.17 3.35 5.74 4.07 2.82 2.59 2.52 2.79
Waiting for updates, inflation of Nov 2023 is temporarily set to 0%. Returns / Inflation rates over 1 year are annualized.
DRAWDOWN
Inflation Adjusted:
Inflation Adjusted:
 1Y 3Y 5Y 10Y 20Y 30Y MAX
Deepest Drawdown Depth (%) -7.34 -20.56 -20.56 -20.56 -29.58 -29.58 -29.58
Start to Recovery (# months) details 4* 23* 23* 23* 30 30 30
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) 1 14 14 14 14 14 14
End (yyyy mm) - - - - 2010 04 2010 04 2010 04
Longest Drawdown Depth (%)
same as
deepest
same as
deepest
same as
deepest
same as
deepest
same as
deepest		 -15.42 -15.42
Start to Recovery (# months) details 38 38
Start (yyyy mm) 2023 08 2022 01 2022 01 2022 01 2007 11 2000 09 2000 09
Start to Bottom (# months) 3 9 9 9 16 25 25
Bottom (yyyy mm) 2023 10 2022 09 2022 09 2022 09 2009 02 2002 09 2002 09
Bottom to End (# months) 1 14 14 14 14 13 13
End (yyyy mm) - - - - 2010 04 2003 10 2003 10
Longest negative period (# months) details 9 35 35 35 52 52 52
Period Start (yyyy mm) 2023 02 2020 12 2020 12 2020 12 2004 11 2004 11 2004 11
Period End (yyyy mm) 2023 10 2023 10 2023 10 2023 10 2009 02 2009 02 2009 02
Annualized Return (%) -2.58 -0.60 -0.60 -0.60 -0.29 -0.29 -0.29
Drawdowns / Negative periods marked with * are in progress
Deepest Drawdown Depth (%) -7.94 -26.11 -26.11 -26.11 -30.66 -30.66 -30.66
Start to Recovery (# months) details 4* 27* 27* 27* 36 36 36
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) 1 14 14 14 20 20 20
End (yyyy mm) - - - - 2010 10 2010 10 2010 10
Longest Drawdown Depth (%) -3.57
same as
deepest
same as
deepest
same as
deepest
same as
deepest		 -19.25 -19.25
Start to Recovery (# months) details 5 40 40
Start (yyyy mm) 2023 02 2021 09 2021 09 2021 09 2007 11 2000 09 2000 09
Start to Bottom (# months) 1 13 13 13 16 25 25
Bottom (yyyy mm) 2023 02 2022 09 2022 09 2022 09 2009 02 2002 09 2002 09
Bottom to End (# months) 4 14 14 14 20 15 15
End (yyyy mm) 2023 06 - - - 2010 10 2003 12 2003 12
Longest negative period (# months) details 11 36* 56 70 70 121 121
Period Start (yyyy mm) 2022 12 2020 12 2019 03 2018 01 2018 01 1999 02 1999 02
Period End (yyyy mm) 2023 10 2023 11 2023 10 2023 10 2023 10 2009 02 2009 02
Annualized Return (%) -2.79 -3.74 -0.01 -0.09 -0.09 -0.10 -0.10
Drawdowns / Negative periods marked with * are in progress
RISK INDICATORS
1Y 3Y 5Y 10Y 20Y 30Y MAX
Standard Deviation (%) 12.11 11.65 11.69 9.27 9.27 8.97 9.19
Sharpe Ratio 0.26 -0.01 0.38 0.51 0.58 0.55 0.54
Sortino Ratio 0.40 -0.02 0.52 0.68 0.77 0.73 0.72
Ulcer Index 2.83 9.43 7.56 5.61 6.41 5.99 5.51
Ratio: Return / Standard Deviation 0.66 0.15 0.52 0.62 0.72 0.80 0.98
Ratio: Return / Deepest Drawdown 1.10 0.09 0.30 0.28 0.22 0.24 0.30
% Positive Months details 50% 55% 61% 63% 64% 64% 66%
Positive Months 6 20 37 76 154 233 309
Negative Months 6 16 23 44 86 127 158
LONG TERM RETURNS
Inflation Adjusted:
Inflation Adjusted:
 1Y 3Y 5Y 10Y 20Y 30Y MAX
Best 10 Years Return (%) - Annualized 5.73 9.97 9.97 13.92
Worst 10 Years Return (%) - Annualized 5.11 2.74 2.74
Best 10 Years Return (%) - Annualized 2.84 8.06 8.06 10.26
Worst 10 Years Return (%) - Annualized 2.25 0.16 0.16
ROLLING PERIOD RETURNS
Inflation Adjusted:
Inflation Adjusted:
 1Y 3Y 5Y 10Y 20Y 30Y MAX
Over the latest 30Y
Best Rolling Return (%) - Annualized 36.29 18.22 15.33 9.97 8.25 7.20
Worst Rolling Return (%) - Annualized -25.06 -5.06 0.08 2.74 5.44
% Positive Periods 79% 93% 100% 100% 100% 100%
Best Rolling Return (%) - Annualized 33.43 15.48 12.66 8.06 5.83 4.56
Worst Rolling Return (%) - Annualized -25.95 -7.12 -2.50 0.16 3.29
% Positive Periods 75% 83% 96% 100% 100% 100%
Over all the available data source (Jan 1985 - Nov 2023)
Best Rolling Return (%) - Annualized 37.72 18.77 18.35 13.92 11.57 9.98
Worst Rolling Return (%) - Annualized -25.06 -5.06 0.08 2.74 5.44 6.86
% Positive Periods 83% 94% 100% 100% 100% 100%
Best Rolling Return (%) - Annualized 35.56 15.48 14.16 10.26 8.32 7.08
Worst Rolling Return (%) - Annualized -25.95 -7.12 -2.50 0.16 3.29 4.24
% Positive Periods 77% 87% 97% 100% 100% 100%
WITHDRAWAL RATES (WR)
1Y 3Y 5Y 10Y 20Y 30Y MAX
Safe WR (%) 32.00 22.42 12.04 7.55 6.75 9.86
Perpetual WR (%) 0.00 1.94 2.76 3.81 4.36 5.67
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 original portfolio balance that can be withdrawn at the end of each year with inflation adjustment, without the portfolio running out of money (dollar amount withdrawal).
  • Perpetual Withdrawal Rate (PWR): it's the percentage of portfolio balance that can be withdrawn at the end of each year, while retaining the inflation adjusted portfolio balance (percentage withdrawal).
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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 30 November 2023
Swipe left to see all data
Asset
VUG
VEU
VTV
EEM
IJS
IJT
IEI
LQD
MBB
HYG
BIL
BNDX
VUG
-
0.80
0.71
0.78
0.73
0.80
0.66
0.83
0.81
0.86
0.02
0.91
VEU
0.80
-
0.90
0.96
0.84
0.78
0.72
0.90
0.86
0.93
-0.12
0.74
VTV
0.71
0.90
-
0.83
0.85
0.83
0.50
0.75
0.69
0.85
0.19
0.60
EEM
0.78
0.96
0.83
-
0.81
0.77
0.70
0.85
0.81
0.88
-0.13
0.69
IJS
0.73
0.84
0.85
0.81
-
0.97
0.33
0.65
0.61
0.76
-0.11
0.52
IJT
0.80
0.78
0.83
0.77
0.97
-
0.28
0.61
0.58
0.74
0.00
0.56
IEI
0.66
0.72
0.50
0.70
0.33
0.28
-
0.91
0.91
0.82
0.00
0.86
LQD
0.83
0.90
0.75
0.85
0.65
0.61
0.91
-
0.99
0.96
0.04
0.89
MBB
0.81
0.86
0.69
0.81
0.61
0.58
0.91
0.99
-
0.92
-0.01
0.88
HYG
0.86
0.93
0.85
0.88
0.76
0.74
0.82
0.96
0.92
-
0.15
0.89
BIL
0.02
-0.12
0.19
-0.13
-0.11
0.00
0.00
0.04
-0.01
0.15
-
0.13
BNDX
0.91
0.74
0.60
0.69
0.52
0.56
0.86
0.89
0.88
0.89
0.13
-
Asset
VUG
VEU
VTV
EEM
IJS
IJT
IEI
LQD
MBB
HYG
BIL
BNDX
VUG
-
0.80
0.77
0.68
0.73
0.84
0.28
0.71
0.51
0.81
-0.02
0.62
VEU
0.80
-
0.88
0.92
0.86
0.86
0.23
0.71
0.51
0.84
-0.05
0.51
VTV
0.77
0.88
-
0.72
0.91
0.89
-0.02
0.51
0.27
0.80
-0.15
0.35
EEM
0.68
0.92
0.72
-
0.75
0.74
0.23
0.67
0.49
0.74
-0.04
0.45
IJS
0.73
0.86
0.91
0.75
-
0.95
-0.07
0.47
0.24
0.78
-0.20
0.33
IJT
0.84
0.86
0.89
0.74
0.95
-
0.03
0.57
0.32
0.84
-0.17
0.44
IEI
0.28
0.23
-0.02
0.23
-0.07
0.03
-
0.72
0.88
0.32
0.15
0.75
LQD
0.71
0.71
0.51
0.67
0.47
0.57
0.72
-
0.84
0.79
0.05
0.89
MBB
0.51
0.51
0.27
0.49
0.24
0.32
0.88
0.84
-
0.54
0.08
0.80
HYG
0.81
0.84
0.80
0.74
0.78
0.84
0.32
0.79
0.54
-
-0.03
0.70
BIL
-0.02
-0.05
-0.15
-0.04
-0.20
-0.17
0.15
0.05
0.08
-0.03
-
0.11
BNDX
0.62
0.51
0.35
0.45
0.33
0.44
0.75
0.89
0.80
0.70
0.11
-
Asset
VUG
VEU
VTV
EEM
IJS
IJT
IEI
LQD
MBB
HYG
BIL
BNDX
VUG
-
0.80
0.78
0.66
0.71
0.80
0.17
0.62
0.43
0.77
0.00
0.49
VEU
0.80
-
0.85
0.91
0.76
0.76
0.11
0.62
0.39
0.80
-0.02
0.37
VTV
0.78
0.85
-
0.68
0.88
0.85
-0.11
0.44
0.19
0.76
-0.12
0.26
EEM
0.66
0.91
0.68
-
0.64
0.61
0.14
0.58
0.37
0.68
-0.03
0.32
IJS
0.71
0.76
0.88
0.64
-
0.95
-0.13
0.40
0.17
0.73
-0.16
0.24
IJT
0.80
0.76
0.85
0.61
0.95
-
-0.04
0.47
0.23
0.76
-0.13
0.32
IEI
0.17
0.11
-0.11
0.14
-0.13
-0.04
-
0.70
0.86
0.25
0.10
0.73
LQD
0.62
0.62
0.44
0.58
0.40
0.47
0.70
-
0.81
0.74
0.02
0.85
MBB
0.43
0.39
0.19
0.37
0.17
0.23
0.86
0.81
-
0.49
0.03
0.78
HYG
0.77
0.80
0.76
0.68
0.73
0.76
0.25
0.74
0.49
-
-0.02
0.59
BIL
0.00
-0.02
-0.12
-0.03
-0.16
-0.13
0.10
0.02
0.03
-0.02
-
0.03
BNDX
0.49
0.37
0.26
0.32
0.24
0.32
0.73
0.85
0.78
0.59
0.03
-
Asset
VUG
VEU
VTV
EEM
IJS
IJT
IEI
LQD
MBB
HYG
BIL
BNDX
VUG
-
0.78
0.82
0.68
0.73
0.78
-0.07
0.34
0.18
0.64
-0.01
0.17
VEU
0.78
-
0.82
0.86
0.75
0.73
-0.13
0.35
0.13
0.69
-0.04
0.17
VTV
0.82
0.82
-
0.71
0.85
0.76
-0.14
0.29
0.09
0.66
-0.01
0.12
EEM
0.68
0.86
0.71
-
0.67
0.68
-0.10
0.30
0.12
0.61
-0.04
0.16
IJS
0.73
0.75
0.85
0.67
-
0.90
-0.19
0.25
0.06
0.67
-0.04
0.11
IJT
0.78
0.73
0.76
0.68
0.90
-
-0.19
0.22
0.05
0.63
-0.06
0.12
IEI
-0.07
-0.13
-0.14
-0.10
-0.19
-0.19
-
0.64
0.79
0.06
0.17
0.56
LQD
0.34
0.35
0.29
0.30
0.25
0.22
0.64
-
0.70
0.63
0.00
0.68
MBB
0.18
0.13
0.09
0.12
0.06
0.05
0.79
0.70
-
0.28
0.17
0.55
HYG
0.64
0.69
0.66
0.61
0.67
0.63
0.06
0.63
0.28
-
-0.03
0.39
BIL
-0.01
-0.04
-0.01
-0.04
-0.04
-0.06
0.17
0.00
0.17
-0.03
-
0.06
BNDX
0.17
0.17
0.12
0.16
0.11
0.12
0.56
0.68
0.55
0.39
0.06
-
Asset
VUG
VEU
VTV
EEM
IJS
IJT
IEI
LQD
MBB
HYG
BIL
BNDX
VUG
-
0.67
0.84
0.66
0.75
0.81
0.03
0.34
0.21
0.61
0.03
0.22
VEU
0.67
-
0.71
0.70
0.65
0.63
-0.01
0.32
0.15
0.61
0.02
0.21
VTV
0.84
0.71
-
0.68
0.86
0.78
-0.02
0.30
0.14
0.64
0.02
0.18
EEM
0.66
0.70
0.68
-
0.64
0.64
0.02
0.28
0.16
0.55
0.03
0.20
IJS
0.75
0.65
0.86
0.64
-
0.91
-0.10
0.24
0.08
0.67
-0.02
0.14
IJT
0.81
0.63
0.78
0.64
0.91
-
-0.11
0.21
0.07
0.61
-0.03
0.15
IEI
0.03
-0.01
-0.02
0.02
-0.10
-0.11
-
0.73
0.82
0.14
0.23
0.67
LQD
0.34
0.32
0.30
0.28
0.24
0.21
0.73
-
0.75
0.59
0.08
0.74
MBB
0.21
0.15
0.14
0.16
0.08
0.07
0.82
0.75
-
0.32
0.25
0.63
HYG
0.61
0.61
0.64
0.55
0.67
0.61
0.14
0.59
0.32
-
0.01
0.40
BIL
0.03
0.02
0.02
0.03
-0.02
-0.03
0.23
0.08
0.25
0.01
-
0.15
BNDX
0.22
0.21
0.18
0.20
0.14
0.15
0.67
0.74
0.63
0.40
0.15
-

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.

MERRILL LYNCH EDGE SELECT MODERATE PORTFOLIO
Drawdown periods
Drawdown periods - Inflation Adjusted
Data Source: 1 December 1993 - 30 November 2023 (30 Years)
Data Source: 1 January 1985 - 30 November 2023 (~39 years)
Inflation Adjusted:
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-29.58% Nov 2007 Feb 2009 16 Apr 2010 14 30 13.63
-20.56% Jan 2022 Sep 2022 9 in progress 14 23 11.69
-15.42% Sep 2000 Sep 2002 25 Oct 2003 13 38 8.32
-10.96% Feb 2020 Mar 2020 2 Jul 2020 4 6 4.84
-9.65% May 2011 Sep 2011 5 Feb 2012 5 10 3.99
-7.97% Jul 1998 Aug 1998 2 Nov 1998 3 5 3.78
-7.17% Sep 2018 Dec 2018 4 Mar 2019 3 7 3.46
-6.44% May 2015 Feb 2016 10 Jun 2016 4 14 3.46
-5.89% May 2010 Jun 2010 2 Sep 2010 3 5 3.33
-5.84% Feb 1994 Mar 1994 2 Mar 1995 12 14 3.45
-4.35% Apr 2012 May 2012 2 Aug 2012 3 5 1.94
-4.08% Aug 1997 Aug 1997 1 Jan 1998 5 6 2.09
-3.85% Apr 2000 May 2000 2 Aug 2000 3 5 2.03
-3.52% Feb 2018 Apr 2018 3 Aug 2018 4 7 2.37
-3.06% May 2019 May 2019 1 Jun 2019 1 2 1.77
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-30.66% Nov 2007 Feb 2009 16 Oct 2010 20 36 14.31
-26.11% Sep 2021 Sep 2022 13 in progress 14 27 16.68
-19.25% Sep 2000 Sep 2002 25 Dec 2003 15 40 11.25
-11.28% Jan 2020 Mar 2020 3 Jul 2020 4 7 4.62
-10.44% May 2011 Sep 2011 5 Feb 2012 5 10 4.44
-8.36% May 1998 Aug 1998 4 Nov 1998 3 7 3.56
-8.18% Feb 2018 Dec 2018 11 Apr 2019 4 15 3.94
-7.00% Mar 2015 Feb 2016 12 Jul 2016 5 17 3.82
-6.49% Feb 1994 Nov 1994 10 May 1995 6 16 4.59
-4.71% Mar 2012 May 2012 3 Aug 2012 3 6 1.97
-4.26% Aug 1997 Aug 1997 1 Feb 1998 6 7 2.26
-4.24% Mar 2004 Jul 2004 5 Nov 2004 4 9 2.61
-4.02% Apr 2000 May 2000 2 Aug 2000 3 5 2.32
-3.90% Jan 2005 Apr 2005 4 Jul 2005 3 7 1.84
-3.31% Jan 2000 Jan 2000 1 Mar 2000 2 3 2.17
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-29.58% Nov 2007 Feb 2009 16 Apr 2010 14 30 13.63
-20.56% Jan 2022 Sep 2022 9 in progress 14 23 11.69
-15.42% Sep 2000 Sep 2002 25 Oct 2003 13 38 8.32
-15.26% Sep 1987 Nov 1987 3 Dec 1988 13 16 6.95
-10.96% Feb 2020 Mar 2020 2 Jul 2020 4 6 4.84
-10.40% Aug 1990 Sep 1990 2 Feb 1991 5 7 5.57
-9.65% May 2011 Sep 2011 5 Feb 2012 5 10 3.99
-7.97% Jul 1998 Aug 1998 2 Nov 1998 3 5 3.78
-7.17% Sep 2018 Dec 2018 4 Mar 2019 3 7 3.46
-6.44% May 2015 Feb 2016 10 Jun 2016 4 14 3.46
-6.36% Jan 1990 Apr 1990 4 Jun 1990 2 6 3.79
-5.89% May 2010 Jun 2010 2 Sep 2010 3 5 3.33
-5.84% Feb 1994 Mar 1994 2 Mar 1995 12 14 3.45
-4.43% Sep 1986 Sep 1986 1 Jan 1987 4 5 2.29
-4.35% Apr 2012 May 2012 2 Aug 2012 3 5 1.94
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-30.66% Nov 2007 Feb 2009 16 Oct 2010 20 36 14.31
-26.11% Sep 2021 Sep 2022 13 in progress 14 27 16.68
-19.25% Sep 2000 Sep 2002 25 Dec 2003 15 40 11.25
-16.00% Sep 1987 Nov 1987 3 Apr 1989 17 20 7.71
-13.04% Jan 1990 Sep 1990 9 Feb 1991 5 14 6.81
-11.28% Jan 2020 Mar 2020 3 Jul 2020 4 7 4.62
-10.44% May 2011 Sep 2011 5 Feb 2012 5 10 4.44
-8.36% May 1998 Aug 1998 4 Nov 1998 3 7 3.56
-8.18% Feb 2018 Dec 2018 11 Apr 2019 4 15 3.94
-7.00% Mar 2015 Feb 2016 12 Jul 2016 5 17 3.82
-6.49% Feb 1994 Nov 1994 10 May 1995 6 16 4.59
-4.86% Sep 1986 Sep 1986 1 Jan 1987 4 5 2.67
-4.71% Mar 2012 May 2012 3 Aug 2012 3 6 1.97
-4.26% Aug 1997 Aug 1997 1 Feb 1998 6 7 2.26
-4.24% Mar 2004 Jul 2004 5 Nov 2004 4 9 2.61

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.

MERRILL LYNCH EDGE SELECT MODERATE PORTFOLIO
Annualized Rolling Returns
Annualized Rolling Returns - Inflation Adjusted
Data Source: 1 December 1993 - 30 November 2023 (30 Years)
Data Source: 1 January 1985 - 30 November 2023 (~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 -25.06 03/2008
02/2009 		0.74$ -1.94 0.98$ 9.12 1.09$ 14.99 1.14$ 36.29 03/2009
02/2010 		1.36$ 8.05 20.06%
2Y -11.86 03/2007
02/2009 		0.77$ -0.22 0.99$ 8.63 1.17$ 13.38 1.28$ 25.19 03/2009
02/2011 		1.56$ -2.34 15.73%
3Y -5.06 03/2006
02/2009 		0.85$ 2.32 1.07$ 7.81 1.25$ 12.19 1.41$ 18.22 03/2009
02/2012 		1.65$ 1.78 6.77%
5Y 0.08 03/2004
02/2009 		1.00$ 4.23 1.23$ 6.55 1.37$ 10.44 1.64$ 15.33 01/1995
12/1999 		2.04$ 6.13 0.00%
7Y 2.57 03/2002
02/2009 		1.19$ 5.90 1.49$ 6.72 1.57$ 8.06 1.72$ 10.57 12/1993
11/2000 		2.01$ 6.46 0.00%
10Y 2.74 03/1999
02/2009 		1.31$ 5.72 1.74$ 7.16 1.99$ 8.32 2.22$ 9.97 03/2009
02/2019 		2.58$ 5.73 0.00%
15Y 4.97 10/2007
09/2022 		2.06$ 6.11 2.43$ 6.77 2.66$ 7.49 2.95$ 8.31 02/2003
01/2018 		3.31$ 7.97 0.00%
20Y 5.44 04/2000
03/2020 		2.88$ 6.29 3.38$ 6.94 3.82$ 7.67 4.38$ 8.25 12/1994
11/2014 		4.88$ 6.65 0.00%
30Y 7.20 12/1993
11/2023 		8.04$ 7.20 8.04$ 7.20 8.04$ 7.20 8.04$ 7.20 12/1993
11/2023 		8.04$ 7.20 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 -25.95 11/2007
10/2008 		0.74$ -4.32 0.95$ 6.84 1.06$ 12.61 1.12$ 33.43 03/2009
02/2010 		1.33$ 4.55 24.64%
2Y -13.68 03/2007
02/2009 		0.74$ -3.16 0.93$ 6.08 1.12$ 10.75 1.22$ 22.58 03/2009
02/2011 		1.50$ -7.17 19.88%
3Y -7.12 03/2006
02/2009 		0.80$ -0.30 0.99$ 5.51 1.17$ 9.44 1.31$ 15.48 03/2009
02/2012 		1.54$ -3.74 16.92%
5Y -2.50 03/2004
02/2009 		0.88$ 1.54 1.07$ 4.53 1.24$ 7.86 1.46$ 12.66 01/1995
12/1999 		1.81$ 1.98 3.32%
7Y 0.01 03/2002
02/2009 		1.00$ 3.03 1.23$ 4.31 1.34$ 6.07 1.51$ 8.69 03/2009
02/2016 		1.79$ 2.83 0.00%
10Y 0.16 03/1999
02/2009 		1.01$ 3.09 1.35$ 4.89 1.61$ 6.04 1.79$ 8.06 03/2009
02/2019 		2.17$ 2.84 0.00%
15Y 2.52 10/2007
09/2022 		1.45$ 3.72 1.72$ 4.43 1.91$ 5.22 2.14$ 6.09 02/2003
01/2018 		2.42$ 5.33 0.00%
20Y 3.29 04/2000
03/2020 		1.91$ 4.03 2.20$ 4.63 2.47$ 5.33 2.82$ 5.83 03/1995
02/2015 		3.10$ 3.96 0.00%
30Y 4.56 12/1993
11/2023 		3.81$ 4.56 3.81$ 4.56 3.81$ 4.56 3.81$ 4.56 12/1993
11/2023 		3.81$ 4.56 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 -25.06 03/2008
02/2009 		0.74$ -1.02 0.98$ 10.05 1.10$ 17.71 1.17$ 37.72 05/1985
04/1986 		1.37$ 8.05 16.89%
2Y -11.86 03/2007
02/2009 		0.77$ 2.13 1.04$ 9.45 1.19$ 14.35 1.30$ 28.32 04/1985
03/1987 		1.64$ -2.34 11.94%
3Y -5.06 03/2006
02/2009 		0.85$ 3.79 1.11$ 9.12 1.29$ 13.28 1.45$ 18.77 03/1985
02/1988 		1.67$ 1.78 5.09%
5Y 0.08 03/2004
02/2009 		1.00$ 4.56 1.24$ 8.40 1.49$ 12.69 1.81$ 18.35 01/1985
12/1989 		2.32$ 6.13 0.00%
7Y 2.57 03/2002
02/2009 		1.19$ 6.05 1.50$ 7.30 1.63$ 12.31 2.25$ 16.68 01/1985
12/1991 		2.94$ 6.46 0.00%
10Y 2.74 03/1999
02/2009 		1.31$ 5.90 1.77$ 7.87 2.13$ 11.98 3.09$ 13.92 10/1985
09/1995 		3.68$ 5.73 0.00%
15Y 4.97 10/2007
09/2022 		2.06$ 6.33 2.51$ 7.33 2.89$ 9.79 4.05$ 14.23 01/1985
12/1999 		7.35$ 7.97 0.00%
20Y 5.44 04/2000
03/2020 		2.88$ 6.61 3.60$ 7.82 4.50$ 9.66 6.32$ 11.57 01/1985
12/2004 		8.93$ 6.65 0.00%
30Y 6.86 11/1993
10/2023 		7.32$ 7.43 8.57$ 8.37 11.13$ 8.86 12.77$ 9.98 01/1985
12/2014 		17.37$ 7.20 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 -25.95 11/2007
10/2008 		0.74$ -3.43 0.96$ 7.41 1.07$ 14.16 1.14$ 35.56 05/1985
04/1986 		1.35$ 4.55 22.59%
2Y -13.68 03/2007
02/2009 		0.74$ -0.12 0.99$ 6.51 1.13$ 11.09 1.23$ 25.04 03/1985
02/1987 		1.56$ -7.17 15.09%
3Y -7.12 03/2006
02/2009 		0.80$ 0.57 1.01$ 6.32 1.20$ 10.18 1.33$ 15.48 03/2009
02/2012 		1.54$ -3.74 12.73%
5Y -2.50 03/2004
02/2009 		0.88$ 1.98 1.10$ 5.96 1.33$ 9.46 1.57$ 14.16 01/1985
12/1989 		1.93$ 1.98 2.45%
7Y 0.01 03/2002
02/2009 		1.00$ 3.28 1.25$ 5.38 1.44$ 8.77 1.80$ 12.27 01/1985
12/1991 		2.24$ 2.83 0.00%
10Y 0.16 03/1999
02/2009 		1.01$ 3.69 1.43$ 5.40 1.69$ 8.56 2.27$ 10.26 10/1990
09/2000 		2.65$ 2.84 0.00%
15Y 2.52 10/2007
09/2022 		1.45$ 3.86 1.76$ 4.97 2.06$ 6.75 2.66$ 10.72 01/1985
12/1999 		4.60$ 5.33 0.00%
20Y 3.29 04/2000
03/2020 		1.91$ 4.22 2.28$ 5.20 2.75$ 6.40 3.46$ 8.32 01/1985
12/2004 		4.94$ 3.96 0.00%
30Y 4.24 11/1993
10/2023 		3.47$ 4.81 4.09$ 5.75 5.35$ 6.21 6.08$ 7.08 01/1985
12/2014 		7.79$ 4.56 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 Merrill Lynch Edge Select Moderate Portfolio: Rolling Returns page.

Seasonality

In which months is it better to invest in Merrill Lynch Edge Select Moderate 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
1.53
60%
-1.25
40%
-0.49
60%
1.12
80%
0.21
60%
1.20
80%
2.38
100%
-0.24
40%
-2.85
20%
0.83
60%
4.10
80%
0.10
60%
Best 5.9
2023 		1.4
2019 		3.1
2023 		6.4
2020 		3.1
2020 		4.4
2019 		5.1
2022 		3.1
2020 		0.9
2019 		2.9
2021 		7.3
2023 		2.8
2020
Worst -3.5
2022 		-3.3
2020 		-7.9
2020 		-6.2
2022 		-3.1
2019 		-5.1
2022 		0.3
2019 		-3.7
2022 		-7.0
2022 		-2.1
2023 		-1.1
2021 		-3.5
2018
Monthly Seasonality over the period Feb 1985 - Nov 2023
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
0.79
60%
-0.15
50%
0.17
60%
0.92
80%
0.55
70%
0.68
70%
1.78
90%
-0.07
60%
-1.64
30%
0.49
60%
2.35
70%
0.15
60%
Best 5.9
2023 		2.9
2014 		4.8
2016 		6.4
2020 		3.1
2020 		4.4
2019 		5.1
2022 		3.1
2020 		1.0
2017 		4.1
2015 		7.3
2023 		2.8
2020
Worst -3.5
2022 		-3.3
2020 		-7.9
2020 		-6.2
2022 		-3.1
2019 		-5.1
2022 		-1.0
2014 		-3.8
2015 		-7.0
2022 		-4.8
2018 		-1.1
2021 		-3.5
2018
Monthly Seasonality over the period Feb 1985 - Nov 2023
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
0.99
67%
0.48
56%
0.63
69%
1.20
77%
0.82
67%
0.50
67%
1.16
67%
0.08
64%
-0.33
51%
0.65
64%
1.32
67%
1.53
79%
Best 7.5
1987 		6.4
1986 		5.6
1986 		6.9
2009 		6.6
1990 		4.4
2019 		6.0
2009 		4.9
1986 		5.3
2010 		6.5
2011 		7.3
2023 		8.6
1991
Worst -5.4
2009 		-6.0
2009 		-7.9
2020 		-6.2
2022 		-4.7
2010 		-5.1
2022 		-3.8
2002 		-7.8
1998 		-7.0
2022 		-11.1
1987 		-3.2
2000 		-3.5
2018
Monthly Seasonality over the period Feb 1985 - Nov 2023

Monthly Returns

This section provides a visual/tabular representation of the performance variability in the Merrill Lynch Edge Select Moderate Portfolio over time. It illustrates the distribution of monthly returns, showcasing the range and frequency of positive and negative returns.

MERRILL LYNCH EDGE SELECT MODERATE PORTFOLIO
Monthly Returns Distribution
Data Source: 1 December 1993 - 30 November 2023 (30 Years)
Data Source: 1 January 1985 - 30 November 2023 (~39 years)
233 Positive Months (65%) - 127 Negative Months (35%)
309 Positive Months (66%) - 158 Negative Months (34%)
Swipe left to see all data
(Scroll down to see all data)
Investment Returns, up to December 2013, are simulated.
They have been derived using the historical series of equivalent ETFs / Assets, instead of the actual ETFs of the portfolio.

In particular, the series derived from equivalent datasets are:
  • VUG - Vanguard Growth, up to December 2004
  • VEU - Vanguard FTSE All-World ex-US, up to December 2007
  • VTV - Vanguard Value, up to December 2004
  • EEM - iShares MSCI Emerging Markets, up to December 2003
  • IJS - iShares S&P Small-Cap 600 Value, up to December 2000
  • IJT - iShares S&P Small-Cap 600 Growth, up to December 2000
  • IEI - iShares 3-7 Year Treasury Bond, up to December 2007
  • LQD - iShares Investment Grade Corporate Bond, up to December 2002
  • MBB - iShares MBS, up to December 2007
  • HYG - iShares iBoxx $ High Yield Corporate Bond, up to December 2007
  • BIL - SPDR Blmbg Barclays 1-3 Mth T-Bill, up to December 2007
  • BNDX - Vanguard Total International Bond, up to December 2013

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
Couch Potato Scott Burns +7.83 8.76 -27.04 50 50 0
Stocks/Bonds 40/60 Momentum +7.75 6.99 -21.11 40 60 0
Golden Butterfly Tyler +7.46 7.68 -17.79 40 40 20
Marc Faber Portfolio Marc Faber +7.22 9.65 -28.82 50 25 25
Edge Select Moderate Merrill Lynch +7.20 8.97 -29.58 53 47 0

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

Swipe left to see all data
30 Years Stats (%)
% Allocation
Portfolio Author Return▾ Dev.Std Drawdown Stocks Bonds Comm
Stocks/Bonds 60/40 Momentum +9.34 9.56 -32.52 60 40 0
Simple Path to Wealth JL Collins +8.78 11.75 -38.53 75 25 0
Aim Bold Strategy Aim Ways +8.24 9.93 -30.09 45 40 15
Late Sixties and Beyond Burton Malkiel +8.13 11.69 -41.80 71 29 0
Talmud Portfolio Roger Gibson +8.01 10.81 -40.17 66.7 33.3 0
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