Betterment Robo Advisor 20 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 11 2023, 11:00AM Eastern Time
PORTFOLIO • LIVE PERFORMANCE (USD currency)
0.02%
1 Day
Dec 11 2023, 11:00AM Eastern Time
0.47%
Current Month
December 2023

The Betterment Robo Advisor 20 Portfolio is a Low Risk portfolio and can be implemented with 12 ETFs.

It's exposed for 19.9% on the Stock Market.

In the last 30 Years, the Betterment Robo Advisor 20 Portfolio obtained a 5.01% compound annual return, with a 4.18% standard deviation.

Table of contents

Asset Allocation and ETFs

The Betterment Robo Advisor 20 Portfolio has the following asset allocation:

19.9% Stocks
80.1% Fixed Income
0% Commodities

The Betterment Robo Advisor 20 Portfolio can be implemented with the following ETFs:

Weight (%) Ticker Currency ETF Name Investment Themes
6.30
VTI
USD Vanguard Total Stock Market Equity, U.S., Large Cap
5.60
EFA
USD iShares MSCI EAFE Equity, EAFE, Large Cap
3.70
EEM
USD iShares MSCI Emerging Markets Equity, Emerging Markets, Large Cap
1.70
VTV
USD Vanguard Value Equity, U.S., Large Cap, Value
1.40
VOE
USD Vanguard Mid-Cap Value Equity, U.S., Mid Cap
1.20
IJS
USD iShares S&P Small-Cap 600 Value Equity, U.S., Small Cap, Value
42.80
SHY
USD iShares 1-3 Year Treasury Bond Bond, U.S., Short Term
10.70
BSV
USD Vanguard Short-Term Bond Bond, U.S., Short Term
9.80
BNDX
USD Vanguard Total International Bond Bond, Developed Markets, All-Term
7.60
BND
USD Vanguard Total Bond Market Bond, U.S., All-Term
5.90
EMB
USD iShares JP Morgan USD Em Mkts Bd Bond, Emerging Markets, All-Term
3.30
TIP
USD iShares TIPS Bond Bond, U.S., 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 Betterment Robo Advisor 20 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.
BETTERMENT ROBO ADVISOR 20 PORTFOLIO
Consolidated returns as of 30 November 2023
Live Update: Dec 11 2023, 11:00AM Eastern Time
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)
Betterment Robo Advisor 20 Portfolio -0.02 0.47 3.47 2.47 3.66 2.44 2.44 5.01 6.59
US Inflation Adjusted return 3.47 1.29 0.30 -1.56 -0.37 2.43 3.69
Components
VTI
USD Vanguard Total Stock Market 0.15 11:00AM, Dec 11 2023 1.29 9.42 10.04 12.72 11.71 11.16 9.90 11.00
EFA
USD iShares MSCI EAFE 0.04 10:59AM, Dec 11 2023 1.04 8.22 4.37 10.33 5.92 3.86 5.03 7.66
EEM
USD iShares MSCI Emerging Markets 0.38 11:00AM, Dec 11 2023 -1.01 7.79 4.40 2.42 1.46 1.42 4.65 8.63
VTV
USD Vanguard Value 0.74 10:59AM, Dec 11 2023 1.38 6.68 7.69 0.61 8.52 9.41 9.12 10.72
VOE
USD Vanguard Mid-Cap Value 0.65 10:58AM, Dec 11 2023 2.52 8.65 8.38 -1.54 7.45 8.10 10.33 11.68
IJS
USD iShares S&P Small-Cap 600 Value 0.25 10:58AM, Dec 11 2023 5.01 9.07 4.59 -5.38 5.50 6.78 10.07 11.60
SHY
USD iShares 1-3 Year Treasury Bond -0.05 11:00AM, Dec 11 2023 0.04 1.05 1.53 2.96 1.04 0.77 3.00 4.33
BSV
USD Vanguard Short-Term Bond -0.09 10:59AM, Dec 11 2023 0.09 1.78 1.36 3.24 1.39 1.16 3.51 4.85
BNDX
USD Vanguard Total International Bond -0.11 11:00AM, Dec 11 2023 0.86 3.43 1.56 2.49 0.52 2.06 4.69 6.57
BND
USD Vanguard Total Bond Market -0.10 11:00AM, Dec 11 2023 0.72 4.54 -0.60 0.97 0.72 1.33 4.12 5.68
EMB
USD iShares JP Morgan USD Em Mkts Bd -0.21 10:59AM, Dec 11 2023 1.31 6.23 3.86 4.00 0.79 2.25 8.75 9.37
TIP
USD iShares TIPS Bond -0.28 11:00AM, Dec 11 2023 0.25 2.77 -1.03 -0.52 2.25 1.70 4.90 6.69
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%

In 2022, the Betterment Robo Advisor 20 Portfolio granted a 1.78% dividend yield. If you are interested in getting periodic income, please refer to the Betterment Robo Advisor 20 Portfolio: Dividend Yield page.

Capital Growth as of Nov 30, 2023

An investment of 1$, since December 1993, now would be worth 4.34$, with a total return of 333.59% (5.01% annualized).

The Inflation Adjusted Capital now would be 2.05$, with a net total return of 105.47% (2.43% annualized).
An investment of 1$, since January 1985, now would be worth 11.98$, with a total return of 1097.93% (6.59% annualized).

The Inflation Adjusted Capital now would be 4.10$, with a net total return of 309.99% (3.69% annualized).

Portfolio Metrics as of Nov 30, 2023

Metrics of Betterment Robo Advisor 20 Portfolio, updated as of 30 November 2023.

Metrics are calculated based on monthly returns, assuming:
BETTERMENT ROBO ADVISOR 20 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 (%) 3.47 1.12 2.47 3.66 -0.32 2.44 2.44 3.85 5.01 6.59
Infl. Adjusted Return (%) details 3.47 0.91 1.29 0.30 -5.73 -1.56 -0.37 1.23 2.43 3.69
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 (%) -3.03 -12.16 -12.16 -12.16 -12.16 -12.16 -12.16
Start to Recovery (# months) details 4 27* 27* 27* 27* 27* 27*
Start (yyyy mm) 2023 08 2021 09 2021 09 2021 09 2021 09 2021 09 2021 09
Start to Bottom (# months) 3 13 13 13 13 13 13
Bottom (yyyy mm) 2023 10 2022 09 2022 09 2022 09 2022 09 2022 09 2022 09
Bottom to End (# months) 1 14 14 14 14 14 14
End (yyyy mm) 2023 11 - - - - - -
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 2021 09 2021 09 2021 09
Start to Bottom (# months) 3 13 13 13 13 13 13
Bottom (yyyy mm) 2023 10 2022 09 2022 09 2022 09 2022 09 2022 09 2022 09
Bottom to End (# months) 1 14 14 14 14 14 14
End (yyyy mm) 2023 11 - - - - - -
Longest negative period (# months) details 9 36* 45 45 45 45 45
Period Start (yyyy mm) 2023 02 2020 12 2020 02 2020 02 2020 02 2020 02 2020 02
Period End (yyyy mm) 2023 10 2023 11 2023 10 2023 10 2023 10 2023 10 2023 10
Annualized Return (%) -1.96 -0.32 -0.03 -0.03 -0.03 -0.03 -0.03
Drawdowns / Negative periods marked with * are in progress
Deepest Drawdown Depth (%) -4.19 -20.60 -20.60 -20.60 -20.60 -20.60 -20.60
Start to Recovery (# months) details 10* 35* 35* 35* 35* 35* 35*
Start (yyyy mm) 2023 02 2021 01 2021 01 2021 01 2021 01 2021 01 2021 01
Start to Bottom (# months) 9 21 21 21 21 21 21
Bottom (yyyy mm) 2023 10 2022 09 2022 09 2022 09 2022 09 2022 09 2022 09
Bottom to End (# months) 1 14 14 14 14 14 14
End (yyyy mm) - - - - - - -
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 02 2021 01 2021 01 2021 01 2021 01 2021 01 2021 01
Start to Bottom (# months) 9 21 21 21 21 21 21
Bottom (yyyy mm) 2023 10 2022 09 2022 09 2022 09 2022 09 2022 09 2022 09
Bottom to End (# months) 1 14 14 14 14 14 14
End (yyyy mm) - - - - - - -
Longest negative period (# months) details 11 36* 60* 120* 157 157 157
Period Start (yyyy mm) 2022 12 2020 12 2018 12 2013 12 2010 10 2010 10 2010 10
Period End (yyyy mm) 2023 10 2023 11 2023 11 2023 11 2023 10 2023 10 2023 10
Annualized Return (%) -3.34 -5.73 -1.56 -0.37 -0.06 -0.06 -0.06
Drawdowns / Negative periods marked with * are in progress
RISK INDICATORS
1Y 3Y 5Y 10Y 20Y 30Y MAX
Standard Deviation (%) 5.84 5.64 5.31 4.14 4.19 4.18 4.47
Sharpe Ratio -0.21 -0.40 0.15 0.34 0.61 0.66 0.58
Sortino Ratio -0.32 -0.56 0.20 0.45 0.80 0.88 0.79
Ulcer Index 1.27 5.91 4.65 3.38 2.79 2.40 2.17
Ratio: Return / Standard Deviation 0.63 -0.06 0.46 0.59 0.92 1.20 1.47
Ratio: Return / Deepest Drawdown 1.20 -0.03 0.20 0.20 0.32 0.41 0.54
% Positive Months details 50% 55% 63% 65% 70% 70% 71%
Positive Months 6 20 38 79 168 255 335
Negative Months 6 16 22 41 72 105 132
LONG TERM RETURNS
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y 20Y 30Y MAX
Best 10 Years Return (%) - Annualized 2.44 5.30 8.22 10.73
Worst 10 Years Return (%) - Annualized 2.12 2.12 2.12
Best 10 Years Return (%) - Annualized -0.37 3.03 5.66 6.91
Worst 10 Years Return (%) - Annualized -0.66 -0.66 -0.66
ROLLING PERIOD RETURNS
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y 20Y 30Y MAX
Over the latest 30Y
Best Rolling Return (%) - Annualized 17.13 11.12 9.76 8.22 6.50 5.01
Worst Rolling Return (%) - Annualized -11.04 -0.68 0.98 2.12 3.71
% Positive Periods 89% 97% 100% 100% 100% 100%
Best Rolling Return (%) - Annualized 14.67 8.60 7.22 5.66 4.14 2.43
Worst Rolling Return (%) - Annualized -17.78 -5.92 -2.68 -0.66 1.10
% Positive Periods 81% 92% 93% 93% 100% 100%
Over all the available data source (Jan 1985 - Nov 2023)
Best Rolling Return (%) - Annualized 25.95 14.58 13.11 10.73 9.47 7.87
Worst Rolling Return (%) - Annualized -11.04 -0.68 0.98 2.12 3.71 4.85
% Positive Periods 91% 98% 100% 100% 100% 100%
Best Rolling Return (%) - Annualized 23.26 11.22 9.11 6.91 6.28 5.03
Worst Rolling Return (%) - Annualized -17.78 -5.92 -2.68 -0.66 1.10 2.27
% Positive Periods 82% 94% 94% 95% 100% 100%
WITHDRAWAL RATES (WR)
1Y 3Y 5Y 10Y 20Y 30Y MAX
Safe WR (%) 31.03 20.50 10.50 6.28 5.56 7.15
Perpetual WR (%) 0.00 0.00 0.00 1.22 2.37 3.56
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).
Analyze your Portfolio: Backtest Now!
Explore historical data since 1871 and fine-tune your investment strategy for better results.

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
VTI
EFA
EEM
VTV
VOE
IJS
SHY
BSV
BNDX
BND
EMB
TIP
VTI
-
0.89
0.87
0.90
0.89
0.87
0.39
0.57
0.82
0.80
0.94
0.76
EFA
0.89
-
0.92
0.88
0.89
0.83
0.52
0.69
0.74
0.88
0.94
0.84
EEM
0.87
0.92
-
0.83
0.83
0.81
0.54
0.68
0.69
0.82
0.92
0.77
VTV
0.90
0.88
0.83
-
0.96
0.85
0.31
0.47
0.60
0.69
0.89
0.65
VOE
0.89
0.89
0.83
0.96
-
0.95
0.19
0.37
0.56
0.65
0.87
0.58
IJS
0.87
0.83
0.81
0.85
0.95
-
0.08
0.28
0.52
0.58
0.80
0.51
SHY
0.39
0.52
0.54
0.31
0.19
0.08
-
0.97
0.73
0.80
0.58
0.83
BSV
0.57
0.69
0.68
0.47
0.37
0.28
0.97
-
0.83
0.92
0.74
0.92
BNDX
0.82
0.74
0.69
0.60
0.56
0.52
0.73
0.83
-
0.89
0.82
0.90
BND
0.80
0.88
0.82
0.69
0.65
0.58
0.80
0.92
0.89
-
0.91
0.95
EMB
0.94
0.94
0.92
0.89
0.87
0.80
0.58
0.74
0.82
0.91
-
0.85
TIP
0.76
0.84
0.77
0.65
0.58
0.51
0.83
0.92
0.90
0.95
0.85
-
Asset
VTI
EFA
EEM
VTV
VOE
IJS
SHY
BSV
BNDX
BND
EMB
TIP
VTI
-
0.90
0.75
0.93
0.93
0.88
0.08
0.30
0.53
0.48
0.75
0.60
EFA
0.90
-
0.85
0.90
0.90
0.85
0.18
0.41
0.52
0.53
0.82
0.57
EEM
0.75
0.85
-
0.72
0.75
0.75
0.20
0.40
0.45
0.52
0.80
0.47
VTV
0.93
0.90
0.72
-
0.97
0.91
-0.05
0.15
0.35
0.31
0.67
0.45
VOE
0.93
0.90
0.75
0.97
-
0.95
-0.06
0.17
0.40
0.35
0.72
0.47
IJS
0.88
0.85
0.75
0.91
0.95
-
-0.11
0.11
0.33
0.27
0.62
0.39
SHY
0.08
0.18
0.20
-0.05
-0.06
-0.11
-
0.94
0.63
0.76
0.30
0.62
BSV
0.30
0.41
0.40
0.15
0.17
0.11
0.94
-
0.81
0.91
0.57
0.78
BNDX
0.53
0.52
0.45
0.35
0.40
0.33
0.63
0.81
-
0.89
0.72
0.84
BND
0.48
0.53
0.52
0.31
0.35
0.27
0.76
0.91
0.89
-
0.73
0.85
EMB
0.75
0.82
0.80
0.67
0.72
0.62
0.30
0.57
0.72
0.73
-
0.67
TIP
0.60
0.57
0.47
0.45
0.47
0.39
0.62
0.78
0.84
0.85
0.67
-
Asset
VTI
EFA
EEM
VTV
VOE
IJS
SHY
BSV
BNDX
BND
EMB
TIP
VTI
-
0.87
0.71
0.93
0.93
0.86
0.01
0.21
0.41
0.37
0.68
0.47
EFA
0.87
-
0.82
0.86
0.86
0.76
0.10
0.29
0.37
0.41
0.76
0.47
EEM
0.71
0.82
-
0.68
0.70
0.64
0.15
0.31
0.32
0.41
0.75
0.42
VTV
0.93
0.86
0.68
-
0.96
0.88
-0.11
0.07
0.26
0.21
0.60
0.33
VOE
0.93
0.86
0.70
0.96
-
0.93
-0.11
0.10
0.33
0.28
0.66
0.38
IJS
0.86
0.76
0.64
0.88
0.93
-
-0.14
0.04
0.24
0.18
0.53
0.29
SHY
0.01
0.10
0.15
-0.11
-0.11
-0.14
-
0.94
0.60
0.76
0.30
0.62
BSV
0.21
0.29
0.31
0.07
0.10
0.04
0.94
-
0.77
0.91
0.55
0.77
BNDX
0.41
0.37
0.32
0.26
0.33
0.24
0.60
0.77
-
0.87
0.66
0.79
BND
0.37
0.41
0.41
0.21
0.28
0.18
0.76
0.91
0.87
-
0.70
0.84
EMB
0.68
0.76
0.75
0.60
0.66
0.53
0.30
0.55
0.66
0.70
-
0.65
TIP
0.47
0.47
0.42
0.33
0.38
0.29
0.62
0.77
0.79
0.84
0.65
-
Asset
VTI
EFA
EEM
VTV
VOE
IJS
SHY
BSV
BNDX
BND
EMB
TIP
VTI
-
0.84
0.75
0.94
0.89
0.86
-0.14
0.09
0.16
0.16
0.58
0.20
EFA
0.84
-
0.81
0.82
0.79
0.74
-0.13
0.13
0.18
0.17
0.59
0.21
EEM
0.75
0.81
-
0.71
0.70
0.67
-0.09
0.13
0.16
0.15
0.67
0.19
VTV
0.94
0.82
0.71
-
0.94
0.85
-0.15
0.07
0.12
0.11
0.56
0.16
VOE
0.89
0.79
0.70
0.94
-
0.90
-0.16
0.08
0.17
0.14
0.56
0.21
IJS
0.86
0.74
0.67
0.85
0.90
-
-0.17
0.02
0.11
0.07
0.50
0.13
SHY
-0.14
-0.13
-0.09
-0.15
-0.16
-0.17
-
0.80
0.48
0.73
0.14
0.62
BSV
0.09
0.13
0.13
0.07
0.08
0.02
0.80
-
0.58
0.89
0.48
0.74
BNDX
0.16
0.18
0.16
0.12
0.17
0.11
0.48
0.58
-
0.67
0.36
0.61
BND
0.16
0.17
0.15
0.11
0.14
0.07
0.73
0.89
0.67
-
0.50
0.83
EMB
0.58
0.59
0.67
0.56
0.56
0.50
0.14
0.48
0.36
0.50
-
0.44
TIP
0.20
0.21
0.19
0.16
0.21
0.13
0.62
0.74
0.61
0.83
0.44
-
Asset
VTI
EFA
EEM
VTV
VOE
IJS
SHY
BSV
BNDX
BND
EMB
TIP
VTI
-
0.72
0.71
0.94
0.91
0.87
-0.04
0.13
0.20
0.20
0.56
0.23
EFA
0.72
-
0.66
0.71
0.68
0.65
0.00
0.16
0.21
0.20
0.53
0.22
EEM
0.71
0.66
-
0.68
0.67
0.64
0.02
0.17
0.20
0.19
0.62
0.21
VTV
0.94
0.71
0.68
-
0.94
0.86
-0.03
0.13
0.18
0.18
0.55
0.21
VOE
0.91
0.68
0.67
0.94
-
0.91
-0.06
0.13
0.21
0.19
0.55
0.23
IJS
0.87
0.65
0.64
0.86
0.91
-
-0.10
0.06
0.14
0.11
0.49
0.14
SHY
-0.04
0.00
0.02
-0.03
-0.06
-0.10
-
0.86
0.60
0.79
0.22
0.71
BSV
0.13
0.16
0.17
0.13
0.13
0.06
0.86
-
0.66
0.90
0.48
0.78
BNDX
0.20
0.21
0.20
0.18
0.21
0.14
0.60
0.66
-
0.74
0.43
0.72
BND
0.20
0.20
0.19
0.18
0.19
0.11
0.79
0.90
0.74
-
0.52
0.88
EMB
0.56
0.53
0.62
0.55
0.55
0.49
0.22
0.48
0.43
0.52
-
0.48
TIP
0.23
0.22
0.21
0.21
0.23
0.14
0.71
0.78
0.72
0.88
0.48
-

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.

BETTERMENT ROBO ADVISOR 20 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
-12.16% Sep 2021 Sep 2022 13 in progress 14 27 6.80
-9.97% May 2008 Feb 2009 10 Jul 2009 5 15 5.26
-4.47% Feb 1994 Jun 1994 5 Apr 1995 10 15 3.06
-4.38% Feb 2020 Mar 2020 2 Jun 2020 3 5 2.02
-4.07% May 1998 Aug 1998 4 Oct 1998 2 6 1.64
-3.26% Jun 2011 Sep 2011 4 Jan 2012 4 8 1.26
-2.69% May 2015 Sep 2015 5 Jun 2016 9 14 1.54
-2.38% Jun 2002 Jul 2002 2 Nov 2002 4 6 1.35
-2.28% Apr 2004 Apr 2004 1 Sep 2004 5 6 1.44
-2.19% May 2013 Jun 2013 2 Oct 2013 4 6 1.21
-2.14% Feb 2018 Oct 2018 9 Jan 2019 3 12 1.21
-1.76% May 2012 May 2012 1 Jul 2012 2 3 0.92
-1.59% May 2010 Jun 2010 2 Jul 2010 1 3 1.11
-1.48% Feb 2001 Mar 2001 2 May 2001 2 4 0.78
-1.47% Apr 2000 May 2000 2 Jun 2000 1 3 0.89
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-20.60% Jan 2021 Sep 2022 21 in progress 14 35 13.51
-11.09% Nov 2007 Oct 2008 12 Sep 2009 11 23 5.42
-6.07% Feb 1994 Nov 1994 10 Jun 1995 7 17 4.45
-4.60% May 1998 Aug 1998 4 Oct 1998 2 6 1.96
-4.53% Jan 2020 Mar 2020 3 Jun 2020 3 6 1.86
-4.08% Feb 2018 Oct 2018 9 Jun 2019 8 17 2.15
-4.04% Jan 2011 Sep 2011 9 Jan 2012 4 13 1.38
-3.55% Mar 2015 Sep 2015 7 Jul 2016 10 17 2.03
-3.14% Mar 2004 May 2004 3 Nov 2004 6 9 1.97
-2.67% Jun 2002 Sep 2002 4 Dec 2002 3 7 1.60
-2.60% May 2013 Jun 2013 2 Oct 2013 4 6 1.56
-2.36% Mar 2012 May 2012 3 Aug 2012 3 6 1.03
-2.33% Jan 2005 Apr 2005 4 Aug 2005 4 8 1.12
-2.10% Feb 2001 Mar 2001 2 Aug 2001 5 7 1.12
-2.03% Feb 2006 Jun 2006 5 Sep 2006 3 8 1.09
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-12.16% Sep 2021 Sep 2022 13 in progress 14 27 6.80
-9.97% May 2008 Feb 2009 10 Jul 2009 5 15 5.26
-4.85% Sep 1987 Nov 1987 3 Feb 1988 3 6 2.85
-4.47% Feb 1994 Jun 1994 5 Apr 1995 10 15 3.06
-4.38% Feb 2020 Mar 2020 2 Jun 2020 3 5 2.02
-4.18% Aug 1990 Sep 1990 2 Dec 1990 3 5 2.25
-4.07% May 1998 Aug 1998 4 Oct 1998 2 6 1.64
-3.26% Jun 2011 Sep 2011 4 Jan 2012 4 8 1.26
-2.84% Jan 1990 Apr 1990 4 May 1990 1 5 1.76
-2.69% May 2015 Sep 2015 5 Jun 2016 9 14 1.54
-2.38% Jun 2002 Jul 2002 2 Nov 2002 4 6 1.35
-2.28% Apr 2004 Apr 2004 1 Sep 2004 5 6 1.44
-2.19% May 2013 Jun 2013 2 Oct 2013 4 6 1.21
-2.14% Feb 2018 Oct 2018 9 Jan 2019 3 12 1.21
-2.01% Sep 1986 Sep 1986 1 Dec 1986 3 4 1.01
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-20.60% Jan 2021 Sep 2022 21 in progress 14 35 13.51
-11.09% Nov 2007 Oct 2008 12 Sep 2009 11 23 5.42
-6.31% Mar 1987 Nov 1987 9 Oct 1988 11 20 2.60
-6.07% Feb 1994 Nov 1994 10 Jun 1995 7 17 4.45
-5.84% Aug 1990 Sep 1990 2 Feb 1991 5 7 3.12
-4.95% Jan 1990 Apr 1990 4 Jul 1990 3 7 2.83
-4.60% May 1998 Aug 1998 4 Oct 1998 2 6 1.96
-4.53% Jan 2020 Mar 2020 3 Jun 2020 3 6 1.86
-4.08% Feb 2018 Oct 2018 9 Jun 2019 8 17 2.15
-4.04% Jan 2011 Sep 2011 9 Jan 2012 4 13 1.38
-3.55% Mar 2015 Sep 2015 7 Jul 2016 10 17 2.03
-3.14% Mar 2004 May 2004 3 Nov 2004 6 9 1.97
-2.67% Jun 2002 Sep 2002 4 Dec 2002 3 7 1.60
-2.60% May 2013 Jun 2013 2 Oct 2013 4 6 1.56
-2.45% Sep 1986 Sep 1986 1 Jan 1987 4 5 1.24

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.

BETTERMENT ROBO ADVISOR 20 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 -11.04 10/2021
09/2022
0.88$ 1.70 1.01$ 5.58 1.05$ 8.89 1.08$ 17.13 03/2009
02/2010
1.17$ 3.66 10.60%
2Y -3.96 11/2021
10/2023
0.92$ 2.30 1.04$ 5.40 1.11$ 8.26 1.17$ 12.45 12/1994
11/1996
1.26$ -1.98 6.23%
3Y -0.68 10/2019
09/2022
0.97$ 2.73 1.08$ 5.11 1.16$ 7.65 1.24$ 11.12 04/1995
03/1998
1.37$ -0.32 2.15%
5Y 0.98 10/2017
09/2022
1.04$ 3.05 1.16$ 5.23 1.29$ 7.42 1.43$ 9.76 01/1995
12/1999
1.59$ 2.44 0.00%
7Y 1.96 11/2015
10/2022
1.14$ 3.35 1.25$ 5.07 1.41$ 7.05 1.61$ 8.64 01/1995
12/2001
1.78$ 2.59 0.00%
10Y 2.12 11/2013
10/2023
1.23$ 3.72 1.44$ 5.29 1.67$ 7.11 1.98$ 8.22 01/1995
12/2004
2.20$ 2.44 0.00%
15Y 2.76 11/2007
10/2022
1.50$ 4.12 1.83$ 5.05 2.09$ 6.51 2.57$ 7.21 01/1995
12/2009
2.84$ 3.74 0.00%
20Y 3.71 11/2003
10/2023
2.07$ 4.29 2.31$ 5.07 2.69$ 6.09 3.26$ 6.50 07/1994
06/2014
3.52$ 3.85 0.00%
30Y 5.01 12/1993
11/2023
4.33$ 5.01 4.33$ 5.01 4.33$ 5.01 4.33$ 5.01 12/1993
11/2023
4.33$ 5.01 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 -17.78 10/2021
09/2022
0.82$ -0.71 0.99$ 3.22 1.03$ 6.34 1.06$ 14.67 03/2009
02/2010
1.14$ 0.30 18.34%
2Y -9.53 01/2021
12/2022
0.81$ 0.67 1.01$ 3.00 1.06$ 5.66 1.11$ 9.96 11/2008
10/2010
1.20$ -6.84 10.39%
3Y -5.92 11/2020
10/2023
0.83$ 1.29 1.03$ 2.92 1.09$ 5.10 1.16$ 8.60 04/1995
03/1998
1.28$ -5.73 7.08%
5Y -2.68 10/2017
09/2022
0.87$ 1.39 1.07$ 2.83 1.14$ 4.77 1.26$ 7.22 01/1995
12/1999
1.41$ -1.56 6.98%
7Y -1.48 10/2016
09/2023
0.90$ 1.69 1.12$ 2.81 1.21$ 4.44 1.35$ 6.09 01/1995
12/2001
1.51$ -0.91 7.22%
10Y -0.66 11/2013
10/2023
0.93$ 1.96 1.21$ 2.86 1.32$ 4.49 1.55$ 5.66 01/1995
12/2004
1.73$ -0.37 6.22%
15Y 0.36 11/2007
10/2022
1.05$ 2.00 1.34$ 2.92 1.54$ 3.94 1.78$ 4.63 01/1995
12/2009
1.97$ 1.20 0.00%
20Y 1.10 11/2003
10/2023
1.24$ 1.80 1.42$ 2.85 1.75$ 3.74 2.08$ 4.14 02/1995
01/2015
2.25$ 1.23 0.00%
30Y 2.43 12/1993
11/2023
2.05$ 2.43 2.05$ 2.43 2.05$ 2.43 2.05$ 2.43 12/1993
11/2023
2.05$ 2.43 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 -11.04 10/2021
09/2022
0.88$ 2.39 1.02$ 6.28 1.06$ 11.80 1.11$ 25.95 04/1985
03/1986
1.25$ 3.66 8.11%
2Y -3.96 11/2021
10/2023
0.92$ 2.94 1.05$ 6.49 1.13$ 10.32 1.21$ 19.59 03/1985
02/1987
1.43$ -1.98 4.73%
3Y -0.68 10/2019
09/2022
0.97$ 3.26 1.10$ 6.68 1.21$ 9.84 1.32$ 14.58 10/1990
09/1993
1.50$ -0.32 1.62%
5Y 0.98 10/2017
09/2022
1.04$ 3.28 1.17$ 6.49 1.36$ 9.72 1.58$ 13.11 01/1985
12/1989
1.85$ 2.44 0.00%
7Y 1.96 11/2015
10/2022
1.14$ 3.56 1.27$ 6.59 1.56$ 9.77 1.92$ 12.79 01/1985
12/1991
2.32$ 2.59 0.00%
10Y 2.12 11/2013
10/2023
1.23$ 3.82 1.45$ 6.08 1.80$ 9.37 2.44$ 10.73 01/1985
12/1994
2.77$ 2.44 0.00%
15Y 2.76 11/2007
10/2022
1.50$ 4.31 1.88$ 6.17 2.45$ 8.62 3.45$ 10.41 01/1985
12/1999
4.41$ 3.74 0.00%
20Y 3.71 11/2003
10/2023
2.07$ 4.86 2.58$ 6.39 3.45$ 8.25 4.88$ 9.47 01/1985
12/2004
6.10$ 3.85 0.00%
30Y 4.85 11/1993
10/2023
4.14$ 5.34 4.75$ 6.43 6.48$ 6.96 7.53$ 7.87 01/1985
12/2014
9.71$ 5.01 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 -17.78 10/2021
09/2022
0.82$ -0.64 0.99$ 3.68 1.03$ 8.75 1.08$ 23.26 05/1985
04/1986
1.23$ 0.30 17.54%
2Y -9.53 01/2021
12/2022
0.81$ 1.11 1.02$ 3.58 1.07$ 7.00 1.14$ 16.55 03/1985
02/1987
1.35$ -6.84 7.88%
3Y -5.92 11/2020
10/2023
0.83$ 1.52 1.04$ 3.70 1.11$ 6.34 1.20$ 11.22 10/1990
09/1993
1.37$ -5.73 5.32%
5Y -2.68 10/2017
09/2022
0.87$ 1.57 1.08$ 3.93 1.21$ 6.15 1.34$ 9.11 01/1985
12/1989
1.54$ -1.56 5.15%
7Y -1.48 10/2016
09/2023
0.90$ 1.84 1.13$ 3.82 1.30$ 6.09 1.51$ 8.52 01/1985
12/1991
1.77$ -0.91 5.21%
10Y -0.66 11/2013
10/2023
0.93$ 2.04 1.22$ 3.54 1.41$ 5.96 1.78$ 6.91 01/1985
12/1994
1.94$ -0.37 4.31%
15Y 0.36 11/2007
10/2022
1.05$ 2.34 1.41$ 3.66 1.71$ 5.47 2.22$ 7.01 01/1985
12/1999
2.76$ 1.20 0.00%
20Y 1.10 11/2003
10/2023
1.24$ 2.71 1.70$ 3.91 2.15$ 5.03 2.66$ 6.28 01/1985
12/2004
3.38$ 1.23 0.00%
30Y 2.27 11/1993
10/2023
1.96$ 2.77 2.26$ 3.96 3.20$ 4.25 3.48$ 5.03 01/1985
12/2014
4.35$ 2.43 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 Betterment Robo Advisor 20 Portfolio: Rolling Returns page.

Seasonality

In which months is it better to invest in Betterment Robo Advisor 20 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
0.74
60%
-0.67
40%
-0.28
60%
0.41
80%
0.17
60%
0.33
80%
1.02
100%
-0.22
60%
-1.34
20%
0.30
60%
1.82
80%
0.29
60%
Best 2.8
2023
0.6
2019
1.9
2023
2.5
2020
1.2
2020
2.1
2019
2.1
2022
0.8
2020
0.3
2019
1.1
2022
3.5
2023
1.3
2020
Worst -1.7
2022
-1.9
2023
-3.6
2020
-2.7
2022
-0.9
2023
-2.6
2022
0.1
2019
-2.0
2022
-3.6
2022
-0.7
2023
-0.7
2021
-1.1
2022
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
0.47
60%
-0.15
60%
0.14
80%
0.37
80%
0.24
60%
0.23
70%
0.76
90%
-0.10
70%
-0.77
30%
0.17
60%
0.97
70%
0.15
60%
Best 2.8
2023
1.3
2014
2.0
2016
2.5
2020
1.2
2020
2.1
2019
2.1
2022
1.0
2014
0.3
2016
1.5
2015
3.5
2023
1.3
2020
Worst -1.7
2022
-1.9
2023
-3.6
2020
-2.7
2022
-0.9
2023
-2.6
2022
-0.4
2014
-2.0
2022
-3.6
2022
-1.8
2018
-0.7
2021
-1.1
2022
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
0.68
72%
0.33
74%
0.38
72%
0.69
85%
0.51
62%
0.44
69%
0.76
74%
0.32
69%
0.15
59%
0.47
69%
0.73
72%
1.04
84%
Best 3.4
1988
3.5
1986
3.6
1986
2.9
2009
4.0
1985
2.3
1986
2.9
1989
3.3
1986
2.9
1998
2.5
2011
3.5
2023
5.3
1991
Worst -2.9
2009
-2.6
2009
-3.6
2020
-2.7
2022
-1.8
2012
-2.6
2022
-1.3
2002
-3.6
1998
-3.6
2022
-4.9
2008
-1.2
1994
-1.1
2022
Monthly Seasonality over the period Feb 1985 - Nov 2023

Monthly Returns

This section provides a visual/tabular representation of the performance variability in the Betterment Robo Advisor 20 Portfolio over time. It illustrates the distribution of monthly returns, showcasing the range and frequency of positive and negative returns.

BETTERMENT ROBO ADVISOR 20 PORTFOLIO
Monthly Returns Distribution
Data Source: 1 December 1993 - 30 November 2023 (30 Years)
Data Source: 1 January 1985 - 30 November 2023 (~39 years)
255 Positive Months (71%) - 105 Negative Months (29%)
335 Positive Months (72%) - 132 Negative Months (28%)
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.
You can see details about extended Data Sources here.

In particular, the series derived from equivalent datasets are:
  • VTI - Vanguard Total Stock Market, up to December 2001
  • EFA - iShares MSCI EAFE, up to December 2001
  • EEM - iShares MSCI Emerging Markets, up to December 2003
  • VTV - Vanguard Value, up to December 2004
  • VOE - Vanguard Mid-Cap Value, up to December 2006
  • IJS - iShares S&P Small-Cap 600 Value, up to December 2000
  • SHY - iShares 1-3 Year Treasury Bond, up to December 2002
  • BSV - Vanguard Short-Term Bond, up to December 2007
  • BNDX - Vanguard Total International Bond, up to December 2013
  • BND - Vanguard Total Bond Market, up to December 2007
  • EMB - iShares JP Morgan USD Em Mkts Bd, up to December 2007
  • TIP - iShares TIPS Bond, up to December 2003

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
Sheltered Sam 20/80 Bill Bernstein +5.04 4.14 -11.24 19.4 80 0.6
Robo Advisor 20 Betterment +5.01 4.18 -12.16 19.9 80.1 0

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

Swipe left to see all data
30 Years Stats (%)
% Allocation
Portfolio Author Return Dev.Std Drawdown Stocks Bonds Comm
High Yield Bonds Income +6.42 8.80 -23.97 0 100 0
Stocks/Bonds 20/80 Momentum +6.01 4.94 -17.91 20 80 0
All Country World 20/80 +5.64 5.63 -17.97 20 80 0
Stocks/Bonds 20/80 +5.54 4.90 -16.57 20 80 0
Dimensional Retirement Income Fund DFA +5.36 4.79 -12.91 20.4 79.6 0
Analyze your Portfolio: Backtest Now!
Explore historical data since 1871 and fine-tune your investment strategy for better results.