Ray Dalio Canadian All Weather Portfolio vs Vanguard Growth Portfolio Portfolio Comparison

Simulation Settings

Period: May 1994 - May 2026 (~32 years)
Consolidated Returns as of 31 May 2026

Initial Amount: 1$

Rebalancing: at every Jan 1^st

Currency: CAD

Inflation: Canada

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Results

30 Years
(1996/06 - 2026/05)

All Data
(1994/05 - 2026/05)

Inflation Adjusted:

Ray Dalio Canadian All Weather Portfolio

1.00$
Invested Capital
June 1996
7.18$
Final Capital
May 2026
6.79%
Yearly Return
6.92%
Std Deviation
-13.38%
Max Drawdown
17months
Recovery Period

1.00$
Invested Capital
June 1996
3.80$
Final Capital
May 2026
4.55%
Yearly Return
6.92%
Std Deviation
-19.66%
Max Drawdown
45months
Recovery Period

1.00$
Invested Capital
May 1994
8.83$
Final Capital
May 2026
7.02%
Yearly Return
6.90%
Std Deviation
-13.38%
Max Drawdown
17months
Recovery Period

1.00$
Invested Capital
May 1994
4.49$
Final Capital
May 2026
4.79%
Yearly Return
6.90%
Std Deviation
-19.66%
Max Drawdown
45months
Recovery Period

Vanguard Growth Portfolio

1.00$
Invested Capital
June 1996
10.65$
Final Capital
May 2026
8.21%
Yearly Return
10.18%
Std Deviation
-32.25%
Max Drawdown
44months
Recovery Period

1.00$
Invested Capital
June 1996
5.64$
Final Capital
May 2026
5.94%
Yearly Return
10.18%
Std Deviation
-36.59%
Max Drawdown
75months
Recovery Period

1.00$
Invested Capital
May 1994
13.74$
Final Capital
May 2026
8.51%
Yearly Return
10.00%
Std Deviation
-32.25%
Max Drawdown
44months
Recovery Period

1.00$
Invested Capital
May 1994
6.99$
Final Capital
May 2026
6.25%
Yearly Return
10.00%
Std Deviation
-36.59%
Max Drawdown
75months
Recovery Period

As of May 2026, in the previous 30 Years, the Ray Dalio Canadian All Weather Portfolio obtained a 6.79% compound annual return, with a 6.92% standard deviation. It suffered a maximum drawdown of -13.38% that required 17 months to be recovered.

As of May 2026, in the previous 30 Years, the Vanguard Growth Portfolio obtained a 8.21% compound annual return, with a 10.18% standard deviation. It suffered a maximum drawdown of -32.25% that required 44 months to be recovered.

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

Resources & Extras

Asset Allocations and ETFs

The compared portfolios have the following asset allocations.

Ray Dalio Canadian All Weather Portfolio

Weight (%)	Ticker	Name
30.00	XIC.TO	iShares Core S&P/TSX Capped Composite Index
40.00	ZFL.TO	BMO Long Federal Bond Index ETF
15.00	CLG.TO	iShares 1-10 Year Laddered Government Bond Index
7.50	CCOM.TO	CI Auspice Broad Commodity Fund
7.50	ZGLD.TO	BMO Gold Bullion ETF CAD Units

Vanguard Growth Portfolio

Weight (%)	Ticker	Name
36.00	VUN.TO	Vanguard US Total Market Index
24.00	VCN.TO	Vanguard FTSE Canada All Cap Index
14.40	VIU.TO	Vanguard FTSE Developed All Cap ex North Amer Idx
5.60	VEE.TO	Vanguard FTSE Emerging Markets All Cap Index
12.00	VAB.TO	Vanguard Canadian Aggregate Bond Index
4.00	VBG.NE	Vanguard Global ex-US Aggregate Bond Index CAD-hedged
4.00	VBU.NE	Vanguard US Aggregate Bond Index CAD-hedged

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Portfolio Returns as of May 31, 2026

Returns are calculated in CAD, assuming:

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

Return Comparison

Capital Growth

30 Years
(1996/06 - 2026/05)

All Data
(1994/05 - 2026/05)

Inflation Adjusted:

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	Initial Amount $	Final Amount $	Total Return (%)	Annualized (%)
Canadian All Weather Portfolio Ray Dalio	1 $	7.18 $	617.77%	6.79%
Vanguard Growth Vanguard	1 $	10.65 $	965.44%	8.21%
	Jun 1996	May 2026

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	Initial Amount $	Final Amount $	Total Return (%)	Annualized (%)
Canadian All Weather Portfolio Ray Dalio	1 $	3.80 $	280.25%	4.55%
Vanguard Growth Vanguard	1 $	5.64 $	464.43%	5.94%
	Jun 1996	May 2026

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	Initial Amount $	Final Amount $	Total Return (%)	Annualized (%)
Canadian All Weather Portfolio Ray Dalio	1 $	8.83 $	783.00%	7.02%
Vanguard Growth Vanguard	1 $	13.74 $	1 274.24%	8.51%
	May 1994	May 2026

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	Initial Amount $	Final Amount $	Total Return (%)	Annualized (%)
Canadian All Weather Portfolio Ray Dalio	1 $	4.49 $	348.86%	4.79%
Vanguard Growth Vanguard	1 $	6.99 $	598.57%	6.25%
	May 1994	May 2026

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		Return (%) as of May 31, 2026
		YTD (5M)	1M	6M	1Y	5Y	10Y	30Y	MAX (~32Y)
	Canadian All Weather Portfolio Ray Dalio	5.79	1.64	4.77	15.13	6.21	5.63	6.79	7.02
	Vanguard Growth Vanguard	9.81	4.25	9.24	25.62	11.58	10.86	8.21	8.51
Returns over 1 year are annualized.

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Portfolio Metrics as of May 31, 2026

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

METRIC COMPARISON

Period: 1 June 2025 - 31 May 2026 (1 year)

Period: 1 June 2021 - 31 May 2026 (5 years)

Period: 1 June 2016 - 31 May 2026 (10 years)

Period: 1 June 1996 - 31 May 2026 (30 years)

Period: 1 May 1994 - 31 May 2026 (~32 years)

1 Year

5 Years

10 Years

30 Years

All (1994/05 - 2026/05)

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	Canadian All Weather Portfolio	Vanguard Growth
Author	Ray Dalio	Vanguard
ASSET ALLOCATION
Stocks	30%	80%
Fixed Income	55%	20%
Commodities	15%	0%
PERFORMANCES
Annualized Return (%)	15.13	25.62
Infl. Adjusted (%)	12.60	22.86
DRAWDOWN
Deepest Drawdown Depth (%)	-3.49	-3.92
Start to Recovery (months)	3*	2
Longest Drawdown Depth (%)	-3.49	-0.52
Start to Recovery (months)	3*	2
Longest Negative Period (months)	3*	4
Drawdowns / Negative periods marked with * are in progress
RISK INDICATORS
Standard Deviation (%)	7.58	7.95
Sharpe Ratio	1.48	2.73
Sortino Ratio	2.05	3.36
Ulcer Index	1.27	1.10
Ratio: Return / Standard Deviation	2.00	3.22
Ratio: Return / Deepest Drawdown	4.34	6.54
Metrics calculated over the period 1 June 2025 - 31 May 2026

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	Canadian All Weather Portfolio	Vanguard Growth
Author	Ray Dalio	Vanguard
ASSET ALLOCATION
Stocks	30%	80%
Fixed Income	55%	20%
Commodities	15%	0%
PERFORMANCES
Annualized Return (%)	6.21	11.58
Infl. Adjusted (%)	2.55	7.73
DRAWDOWN
Deepest Drawdown Depth (%)	-11.51	-16.06
Start to Recovery (months)	31	24
Longest Drawdown Depth (%)	-11.51	-16.06
Start to Recovery (months)	31	24
Longest Negative Period (months)	33	28
RISK INDICATORS
Standard Deviation (%)	8.70	10.33
Sharpe Ratio	0.32	0.79
Sortino Ratio	0.45	1.05
Ulcer Index	4.84	5.22
Ratio: Return / Standard Deviation	0.71	1.12
Ratio: Return / Deepest Drawdown	0.54	0.72
Metrics calculated over the period 1 June 2021 - 31 May 2026

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	Canadian All Weather Portfolio	Vanguard Growth
Author	Ray Dalio	Vanguard
ASSET ALLOCATION
Stocks	30%	80%
Fixed Income	55%	20%
Commodities	15%	0%
PERFORMANCES
Annualized Return (%)	5.63	10.86
Infl. Adjusted (%)	2.86	7.95
DRAWDOWN
Deepest Drawdown Depth (%)	-11.51	-16.06
Start to Recovery (months)	31	24
Longest Drawdown Depth (%)	-11.51	-16.06
Start to Recovery (months)	31	24
Longest Negative Period (months)	45	29
RISK INDICATORS
Standard Deviation (%)	7.51	10.15
Sharpe Ratio	0.46	0.86
Sortino Ratio	0.65	1.13
Ulcer Index	3.67	4.24
Ratio: Return / Standard Deviation	0.75	1.07
Ratio: Return / Deepest Drawdown	0.49	0.68
Metrics calculated over the period 1 June 2016 - 31 May 2026

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	Canadian All Weather Portfolio	Vanguard Growth
Author	Ray Dalio	Vanguard
ASSET ALLOCATION
Stocks	30%	80%
Fixed Income	55%	20%
Commodities	15%	0%
PERFORMANCES
Annualized Return (%)	6.79	8.21
Infl. Adjusted (%)	4.55	5.94
DRAWDOWN
Deepest Drawdown Depth (%)	-13.38	-32.25
Start to Recovery (months)	17	44
Longest Drawdown Depth (%)	-10.21	-31.69
Start to Recovery (months)	33	64
Longest Negative Period (months)	45	112
RISK INDICATORS
Standard Deviation (%)	6.92	10.18
Sharpe Ratio	0.66	0.59
Sortino Ratio	0.91	0.77
Ulcer Index	3.58	9.47
Ratio: Return / Standard Deviation	0.98	0.81
Ratio: Return / Deepest Drawdown	0.51	0.25
Metrics calculated over the period 1 June 1996 - 31 May 2026

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	Canadian All Weather Portfolio	Vanguard Growth
Author	Ray Dalio	Vanguard
ASSET ALLOCATION
Stocks	30%	80%
Fixed Income	55%	20%
Commodities	15%	0%
PERFORMANCES
Annualized Return (%)	7.02	8.51
Infl. Adjusted (%)	4.79	6.25
DRAWDOWN
Deepest Drawdown Depth (%)	-13.38	-32.25
Start to Recovery (months)	17	44
Longest Drawdown Depth (%)	-10.21	-31.69
Start to Recovery (months)	33	64
Longest Negative Period (months)	45	112
RISK INDICATORS
Standard Deviation (%)	6.90	10.00
Sharpe Ratio	0.67	0.61
Sortino Ratio	0.92	0.80
Ulcer Index	3.48	9.17
Ratio: Return / Standard Deviation	1.02	0.85
Ratio: Return / Deepest Drawdown	0.52	0.26
Metrics calculated over the period 1 May 1994 - 31 May 2026

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Drawdowns

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

DRAWDOWN COMPARISON

Period: 1 June 1996 - 31 May 2026 (30 years)

Period: 1 May 1994 - 31 May 2026 (~32 years)

30 Years
(1996/06 - 2026/05)

Chart Table

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Canadian All Weather Portfolio			Vanguard Growth
Drawdown (%)	Recovery (#Months)	From To	Drawdown (%)	Recovery (#Months)	From To
			-32.25	44	Jun 2007 Jan 2011
			-31.69	64	Sep 2000 Dec 2005
			-16.06	24	Jan 2022 Dec 2023
			-14.93	6	Feb 2020 Jul 2020
-13.38	17	Jul 2008 Nov 2009
			-12.62	8	May 1998 Dec 1998
-11.51	31	Jan 2022 Jul 2024
-10.21	33	Sep 2000 May 2003
-10.03	11	Jun 1998 Apr 1999
			-9.85	9	Jun 2011 Feb 2012
			-8.11	7	Sep 2018 Mar 2019
			-7.70	12	Aug 2015 Jul 2016
-6.31	16	Mar 2015 Jun 2016
-6.28	5	Feb 2020 Jun 2020
-5.54	11	Mar 2013 Jan 2014

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Canadian All Weather Portfolio			Vanguard Growth
Drawdown (%)	Recovery (#Months)	From To	Drawdown (%)	Recovery (#Months)	From To
			-32.25	44	Jun 2007 Jan 2011
			-31.69	64	Sep 2000 Dec 2005
			-16.06	24	Jan 2022 Dec 2023
			-14.93	6	Feb 2020 Jul 2020
-13.38	17	Jul 2008 Nov 2009
			-12.62	8	May 1998 Dec 1998
-11.51	31	Jan 2022 Jul 2024
-10.21	33	Sep 2000 May 2003
-10.03	11	Jun 1998 Apr 1999
			-9.85	9	Jun 2011 Feb 2012
			-8.11	7	Sep 2018 Mar 2019
			-7.70	12	Aug 2015 Jul 2016
-6.31	16	Mar 2015 Jun 2016
-6.28	5	Feb 2020 Jun 2020
-5.54	11	Mar 2013 Jan 2014

Rolling Returns

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

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

Rolling Returns Comparison

Annualized Rolling Returns Chart

Rolling Returns Chart - Inflation Adjusted

Time Period: 1 May 1994 - 31 May 2026 (~32 years)

Rolling Period:

Canadian All Weather Portfolio
Vanguard Growth

Head To Head (Ptf 1 vs Ptf 2):

Canada Inflation Adjusted:

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Yearly Returns

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

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	Canadian All Weather Portfolio		Vanguard Growth
Year	Return (%)	Drawdown (%)	Return (%)	Drawdown (%)
2026	5.79	-3.49	9.81	-3.92
2025	12.61	-1.31	16.93	-5.07
2024	9.51	-2.30	20.63	-1.95
2023	7.96	-8.32	15.52	-5.12
2022	-9.72	-11.39	-11.33	-16.06
2021	6.37	-3.14	15.88	-3.21
2020	8.64	-6.28	10.94	-14.93
2019	12.23	-0.92	18.20	-3.59
2018	-1.19	-4.08	-2.73	-8.11
2017	4.20	-4.13	11.29	-3.35
2016	7.45	-3.13	8.52	-4.41
2015	-0.57	-6.31	7.26	-7.70
2014	9.98	-2.82	13.80	-1.43
2013	-1.77	-5.54	22.53	-1.82
2012	4.38	-1.74	10.54	-4.53
2011	7.69	-1.85	-1.49	-9.85
2010	12.16	-0.31	10.60	-6.22
2009	8.94	-3.31	18.55	-10.18
2008	-2.23	-13.38	-22.00	-23.76
2007	7.33	-2.13	-0.31	-3.31
2006	8.34	-2.29	15.92	-4.68
2005	16.30	-2.76	11.21	-2.55
2004	9.17	-3.22	8.53	-3.78
2003	11.85	-2.64	13.72	-6.99
2002	6.54	-1.89	-12.18	-18.73
2001	-2.61	-6.35	-5.81	-16.97
2000	13.20	-4.81	-2.26	-11.74
1999	8.19	-3.71	20.33	-3.49
1998	3.72	-10.03	15.46	-12.62
1997	10.75	-2.85	17.10	-3.80
1996	17.57	-1.87	17.22	-3.95
1995	18.58	-1.63	18.09	-1.20

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Table of contents

Resources & Extras

Asset Allocations and ETFs

Portfolio Returns as of May 31, 2026

Portfolio Metrics as of May 31, 2026

Drawdowns

Rolling Returns

Yearly Returns