Marvin Appel One-Decision Portfolio vs Ray Dalio All Weather Portfolio Portfolio Comparison

Simulation Settings
Period: January 1928 - April 2025 (~97 years)
Consolidated Returns as of 30 April 2025
Rebalancing: at every Jan 1st
Currency: USD
Inflation: US
(Change Settings)
The minimum date range must be at least 12 months. 'Date To' cannot be beyond April 2025.
Reset settings
Close
Results
30 Years
All (since January 1928)
Inflation Adjusted:
Marvin Appel One-Decision Portfolio
1.00$
Initial Capital
May 1995
7.82$
Final Capital
April 2025
7.09%
Yearly Return
8.51%
Std Deviation
-31.96%
Max Drawdown
41months
Recovery Period
1.00$
Initial Capital
May 1995
3.71$
Final Capital
April 2025
4.47%
Yearly Return
8.51%
Std Deviation
-33.86%
Max Drawdown
47months
Recovery Period
1.00$
Initial Capital
January 1928
890.39$
Final Capital
April 2025
7.23%
Yearly Return
9.38%
Std Deviation
-47.77%
Max Drawdown
83months
Recovery Period
1.00$
Initial Capital
January 1928
48.20$
Final Capital
April 2025
4.06%
Yearly Return
9.38%
Std Deviation
-34.04%
Max Drawdown
45months
Recovery Period
Ray Dalio All Weather Portfolio
1.00$
Initial Capital
May 1995
8.66$
Final Capital
April 2025
7.46%
Yearly Return
7.48%
Std Deviation
-20.58%
Max Drawdown
40months*
Recovery Period
* in progress
1.00$
Initial Capital
May 1995
4.11$
Final Capital
April 2025
4.82%
Yearly Return
7.48%
Std Deviation
-27.85%
Max Drawdown
44months*
Recovery Period
* in progress
1.00$
Initial Capital
January 1928
817.90$
Final Capital
April 2025
7.13%
Yearly Return
7.56%
Std Deviation
-37.02%
Max Drawdown
68months
Recovery Period
1.00$
Initial Capital
January 1928
44.28$
Final Capital
April 2025
3.97%
Yearly Return
7.56%
Std Deviation
-27.85%
Max Drawdown
44months*
Recovery Period
* in progress

As of April 2025, in the previous 30 Years, the Marvin Appel One-Decision Portfolio obtained a 7.09% compound annual return, with a 8.51% standard deviation. It suffered a maximum drawdown of -31.96% that required 41 months to be recovered.

As of April 2025, in the previous 30 Years, the Ray Dalio All Weather Portfolio obtained a 7.46% compound annual return, with a 7.48% standard deviation. It suffered a maximum drawdown of -20.58% which has been ongoing for 40 months and is still in progress.

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.
Mastering Etf Investing
The first official book of
Mastering ETF Investing
Build wealth
with Lazy Portfolios and Passive Investing
Set your goal
Use top metrics to evaluate
Join the passive investing strategy
Exclusive new asset allocations in EUR and USD
Buy now
English book
Buy now
Italian book

Asset Allocations and ETFs

The compared portfolios have the following asset allocations.

Marvin Appel One-Decision Portfolio
Weight
(%)		 Ticker Name
20.00
SPY
SPDR S&P 500
20.00
VNQ
Vanguard Real Estate
10.00
IJS
iShares S&P Small-Cap 600 Value
30.00
BIL
SPDR Blmbg Barclays 1-3 Mth T-Bill
20.00
LQD
iShares Investment Grade Corporate Bond
Ray Dalio All Weather Portfolio
Weight
(%)		 Ticker Name
30.00
VTI
Vanguard Total Stock Market
40.00
TLT
iShares 20+ Year Treasury Bond
15.00
IEI
iShares 3-7 Year Treasury Bond
7.50
DBC
Invesco DB Commodity Tracking
7.50
GLD
SPDR Gold Trust
Test Your Asset Allocation
Evaluate your portfolio strategy in 7 different currencies
Try the Backtest Tool

Portfolio Returns as of Apr 30, 2025

Returns are calculated in USD, assuming:
  • no fees or capital gain taxes.
  • rebalancing: at every Jan 1st.
  • dividend reinvestment, when applicable.
RETURN COMPARISON
Period: 1 January 1928 - 30 April 2025 (~97 years)
Swipe left to see all data
Return (%) as of Apr 30, 2025
YTD
(4M) 		1M 6M 1Y 5Y 10Y 30Y MAX
(~97Y)
//www.lazyportfolioetf.com/wp-content/themes/dynamico-child/img/author/avatar_marvin_appel.webp One-Decision Portfolio
Marvin Appel 		-1.65 -1.15 -1.45 8.32 6.71 5.46 7.09 7.23
//www.lazyportfolioetf.com/wp-content/themes/dynamico-child/img/author/avatar_ray_dalio.webp All Weather Portfolio
Ray Dalio 		2.00 -0.74 1.04 10.15 2.92 4.73 7.46 7.13
Return over 1 year are annualized.
Explore All Lazy Portfolios
Tailored Portfolios for every Investment Strategy

Capital Growth as of Apr 30, 2025

Marvin Appel One-Decision Portfolio: an investment of 1$, since May 1995, now would be worth 7.82$, with a total return of 681.72% (7.09% annualized).

Ray Dalio All Weather Portfolio: an investment of 1$, since May 1995, now would be worth 8.66$, with a total return of 765.76% (7.46% annualized).


Loading data
Please wait
Marvin Appel One-Decision Portfolio: an investment of 1$, since January 1928, now would be worth 890.39$, with a total return of 88939.21% (7.23% annualized).

Ray Dalio All Weather Portfolio: an investment of 1$, since January 1928, now would be worth 817.90$, with a total return of 81689.66% (7.13% annualized).


Loading data
Please wait
Readings that may interest you

Portfolio Metrics as of Apr 30, 2025

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

METRIC COMPARISON
Period: 1 May 2024 - 30 April 2025 (1 year)
Period: 1 May 2020 - 30 April 2025 (5 years)
Period: 1 May 2015 - 30 April 2025 (10 years)
Period: 1 May 1995 - 30 April 2025 (30 years)
Period: 1 January 1928 - 30 April 2025 (~97 years)
Swipe left to see all data
One-Decision Portfolio All Weather Portfolio
Author Marvin Appel Ray Dalio
ASSET ALLOCATION
Stocks 50% 30%
Fixed Income 50% 55%
Commodities 0% 15%
PERFORMANCES
Annualized Return (%) 8.32 10.15
Infl. Adjusted Return (%) 6.12 7.92
DRAWDOWN
Deepest Drawdown Depth (%) -4.94 -3.45
Start to Recovery (months) 5* 3
Longest Drawdown Depth (%) -4.94 -3.45
Start to Recovery (months) 5* 3
Longest Negative Period (months) 8* 7*
Drawdowns / Negative periods marked with * are in progress
RISK INDICATORS
Standard Deviation (%) 7.63 7.04
Sharpe Ratio 0.46 0.76
Sortino Ratio 0.61 0.92
Ulcer Index 2.15 1.36
Ratio: Return / Standard Deviation 1.09 1.44
Ratio: Return / Deepest Drawdown 1.68 2.94
Metrics calculated over the period 1 May 2024 - 30 April 2025
Swipe left to see all data
One-Decision Portfolio All Weather Portfolio
Author Marvin Appel Ray Dalio
ASSET ALLOCATION
Stocks 50% 30%
Fixed Income 50% 55%
Commodities 0% 15%
PERFORMANCES
Annualized Return (%) 6.71 2.92
Infl. Adjusted Return (%) 2.08 -1.54
DRAWDOWN
Deepest Drawdown Depth (%) -16.74 -20.58
Start to Recovery (months) 31 40*
Longest Drawdown Depth (%) -16.74 -20.58
Start to Recovery (months) 31 40*
Longest Negative Period (months) 32 45
Drawdowns / Negative periods marked with * are in progress
RISK INDICATORS
Standard Deviation (%) 10.03 10.35
Sharpe Ratio 0.42 0.04
Sortino Ratio 0.57 0.05
Ulcer Index 6.34 9.54
Ratio: Return / Standard Deviation 0.67 0.28
Ratio: Return / Deepest Drawdown 0.40 0.14
Metrics calculated over the period 1 May 2020 - 30 April 2025
Swipe left to see all data
One-Decision Portfolio All Weather Portfolio
Author Marvin Appel Ray Dalio
ASSET ALLOCATION
Stocks 50% 30%
Fixed Income 50% 55%
Commodities 0% 15%
PERFORMANCES
Annualized Return (%) 5.46 4.73
Infl. Adjusted Return (%) 2.32 1.61
DRAWDOWN
Deepest Drawdown Depth (%) -16.74 -20.58
Start to Recovery (months) 31 40*
Longest Drawdown Depth (%) -16.74 -20.58
Start to Recovery (months) 31 40*
Longest Negative Period (months) 32 46
Drawdowns / Negative periods marked with * are in progress
RISK INDICATORS
Standard Deviation (%) 9.18 8.46
Sharpe Ratio 0.40 0.35
Sortino Ratio 0.54 0.48
Ulcer Index 4.92 6.96
Ratio: Return / Standard Deviation 0.59 0.56
Ratio: Return / Deepest Drawdown 0.33 0.23
Metrics calculated over the period 1 May 2015 - 30 April 2025
Swipe left to see all data
One-Decision Portfolio All Weather Portfolio
Author Marvin Appel Ray Dalio
ASSET ALLOCATION
Stocks 50% 30%
Fixed Income 50% 55%
Commodities 0% 15%
PERFORMANCES
Annualized Return (%) 7.09 7.46
Infl. Adjusted Return (%) 4.47 4.82
DRAWDOWN
Deepest Drawdown Depth (%) -31.96 -20.58
Start to Recovery (months) 41 40*
Longest Drawdown Depth (%) -31.96 -20.58
Start to Recovery (months) 41 40*
Longest Negative Period (months) 64 46
Drawdowns / Negative periods marked with * are in progress
RISK INDICATORS
Standard Deviation (%) 8.51 7.48
Sharpe Ratio 0.57 0.69
Sortino Ratio 0.73 0.93
Ulcer Index 5.55 4.45
Ratio: Return / Standard Deviation 0.83 1.00
Ratio: Return / Deepest Drawdown 0.22 0.36
Metrics calculated over the period 1 May 1995 - 30 April 2025
Swipe left to see all data
One-Decision Portfolio All Weather Portfolio
Author Marvin Appel Ray Dalio
ASSET ALLOCATION
Stocks 50% 30%
Fixed Income 50% 55%
Commodities 0% 15%
PERFORMANCES
Annualized Return (%) 7.23 7.13
Infl. Adjusted Return (%) 4.06 3.97
DRAWDOWN
Deepest Drawdown Depth (%) -47.77 -37.02
Start to Recovery (months) 83 68
Longest Drawdown Depth (%) -47.77 -37.02
Start to Recovery (months) 83 68
Longest Negative Period (months) 154 67
RISK INDICATORS
Standard Deviation (%) 9.38 7.56
Sharpe Ratio 0.41 0.50
Sortino Ratio 0.57 0.71
Ulcer Index 7.69 5.40
Ratio: Return / Standard Deviation 0.77 0.94
Ratio: Return / Deepest Drawdown 0.15 0.19
Metrics calculated over the period 1 January 1928 - 30 April 2025
Mastering Etf Investing
The first official book of
Mastering ETF Investing
Build wealth
with Lazy Portfolios and Passive Investing
Buy now
English book
Buy now
Italian book

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 May 1995 - 30 April 2025 (30 years)
Period: 1 January 1928 - 30 April 2025 (~97 years)

Loading data
Please wait
Swipe left to see all data
One-Decision Portfolio All Weather Portfolio
Drawdown
(%) 		Recovery
(#Months)		 From
To		 Drawdown
(%) 		Recovery
(#Months)		 From
To
-31.96 41 Jun 2007
Oct 2010
-20.58 40* Jan 2022
In progress
-16.74 31 Jan 2022
Jul 2024
-13.04 10 Feb 2020
Nov 2020
-11.57 9 Jan 2009
Sep 2009
-11.38 6 Jul 2008
Dec 2008
-8.52 8 Jun 2011
Jan 2012
-8.13 6 Jul 1998
Dec 1998
-7.23 14 Apr 2002
May 2003
-6.99 7 Sep 2018
Mar 2019
-6.66 17 Feb 2015
Jun 2016
-6.42 13 Aug 2016
Aug 2017
-5.29 9 May 2013
Jan 2014
-4.94 5* Dec 2024
In progress
-4.83 4 Jul 1998
Oct 1998

Loading data
Please wait
Swipe left to see all data
One-Decision Portfolio All Weather Portfolio
Drawdown
(%) 		Recovery
(#Months)		 From
To		 Drawdown
(%) 		Recovery
(#Months)		 From
To
-47.77 83 Sep 1929
Jul 1936
-37.02 68 Sep 1929
Apr 1935
-31.96 41 Jun 2007
Oct 2010
-23.43 66 Aug 1937
Jan 1943
-20.58 40* Jan 2022
In progress
-18.44 31 Dec 1972
Jun 1975
-17.43 37 Mar 1937
Mar 1940
-16.74 31 Jan 2022
Jul 2024
-13.04 10 Feb 2020
Nov 2020
-12.98 25 Dec 1968
Dec 1970
-12.38 13 Sep 1987
Sep 1988
-12.31 21 Dec 1980
Aug 1982
-11.57 9 Jan 2009
Sep 2009
-11.38 6 Jul 2008
Dec 2008
-11.04 11 Mar 1974
Jan 1975

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 January 1928 - 30 April 2025 (~97 years)


Head To Head (Ptf 1 vs Ptf 2):
US Inflation Adjusted:

Loading data
Please wait

Yearly Returns

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

Swipe left to see all data
One-Decision Portfolio All Weather Portfolio
Year Return
(%)		 Drawdown
(%)		 Return
(%)		 Drawdown
(%)
2025
 -1.65 -3.37 2.00 -1.94
2024
 8.40 -3.55 6.36 -3.73
2023
 12.43 -7.22 9.95 -9.25
2022
 -13.18 -16.74 -18.39 -20.58
2021
 16.51 -2.73 8.27 -3.74
2020
 5.32 -13.04 15.88 -3.68
2019
 18.51 -2.02 17.93 -0.83
2018
 -3.64 -6.99 -3.02 -4.71
2017
 8.07 -0.59 11.55 -0.49
2016
 8.52 -3.21 6.50 -6.42
2015
 -0.25 -4.76 -3.23 -6.66
2014
 11.14 -2.54 12.89 -2.52
2013
 10.43 -2.72 1.71 -5.29
2012
 10.65 -2.81 7.02 -1.33
2011
 3.87 -8.52 15.64 -2.00
2010
 13.01 -6.14 12.88 -0.69
2009
 15.30 -14.35 2.71 -11.57
2008
 -16.74 -22.59 2.38 -11.38
2007
 -0.68 -5.17 11.88 -1.20
2006
 14.45 -1.98 6.93 -1.71
2005
 5.08 -2.36 8.55 -2.99
2004
 12.05 -4.65 9.41 -4.76
2003
 18.87 -1.57 13.96 -4.74
2002
 -2.42 -7.23 7.77 -1.56
2001
 4.32 -3.58 -2.77 -4.61
2000
 9.42 -2.13 10.15 -2.26
1999
 4.70 -3.16 6.28 -3.79
1998
 5.32 -8.13 11.05 -4.83
1997
 17.36 -1.24 13.54 -2.89
1996
 15.52 -1.31 8.27 -2.11
1995
 19.02 -0.66 27.44 0.00
1994
 -1.28 -5.02 -3.28 -6.83
1993
 11.41 -1.82 12.02 -1.98
1992
 9.68 -0.89 6.76 -2.23
1991
 23.01 -1.99 17.98 -1.86
1990
 -1.89 -7.50 3.85 -5.51
1989
 15.28 -0.97 20.45 -1.14
1988
 12.57 -1.14 10.59 -1.93
1987
 2.00 -12.38 3.47 -8.78
1986
 13.98 -2.95 20.56 -3.75
1985
 20.92 -1.32 28.68 -2.13
1984
 12.26 -2.55 8.03 -6.61
1983
 19.12 -1.46 7.06 -3.16
1982
 23.18 -1.47 31.65 -3.13
1981
 6.73 -5.61 -3.74 -11.76
1980
 17.14 -6.77 10.35 -10.89
1979
 17.24 -6.81 19.26 -6.57
1978
 7.38 -5.77 7.24 -3.43
1977
 6.67 -0.92 2.14 -2.83
1976
 25.20 -1.17 15.78 -1.12
1975
 21.70 -5.67 12.93 -5.16
1974
 -10.56 -15.06 1.78 -11.04
1973
 -6.39 -6.65 6.67 -2.66
1972
 8.28 -1.29 14.50 0.00
1971
 8.61 -4.84 14.60 -3.81
1970
 8.28 -8.62 10.73 -7.59
1969
 -0.95 -4.58 -7.07 -8.33
1968
 8.59 -2.35 5.61 -2.31
1967
 11.78 -2.65 4.93 -2.43
1966
 -0.03 -6.32 -0.21 -6.05
1965
 7.42 -2.29 4.08 -1.14
1964
 7.72 -0.79 7.34 -0.33
1963
 8.66 -1.64 6.73 -1.03
1962
 -0.86 -9.52 0.34 -6.12
1961
 9.51 -1.97 7.57 -1.53
1960
 3.46 -3.30 8.59 -1.47
1959
 4.93 -3.33 1.91 -2.83
1958
 15.16 -1.24 9.85 -0.95
1957
 -0.23 -5.65 1.56 -3.70
1956
 2.65 -4.39 0.45 -3.72
1955
 8.77 -2.41 6.44 -0.66
1954
 17.75 -2.51 17.99 -1.18
1953
 3.01 -2.68 0.83 -4.42
1952
 6.69 -2.02 4.21 -1.76
1951
 7.69 -3.72 4.78 -2.55
1950
 12.10 -3.16 9.14 -1.91
1949
 6.86 -3.12 8.58 -0.97
1948
 2.07 -5.48 1.89 -3.09
1947
 5.70 -1.97 1.53 -1.94
1946
 2.54 -8.87 -0.92 -7.07
1945
 17.56 -2.23 15.78 -0.88
1944
 12.01 -0.72 7.97 -0.39
1943
 13.73 -4.78 9.97 -2.77
1942
 7.74 -6.44 6.45 -3.58
1941
 -3.99 -6.60 -1.20 -4.99
1940
 -0.89 -11.63 1.87 -7.70
1939
 -0.68 -7.87 2.79 -3.74
1938
 10.93 -13.41 10.37 -7.91
1937
 -10.52 -14.62 -10.07 -12.18
1936
 13.90 -4.16 14.42 -2.08
1935
 16.78 -6.35 16.55 -1.39
1934
 2.19 -8.93 8.27 -3.11
1933
 21.91 -12.56 23.55 -7.04
1932
 -1.37 -21.80 5.54 -10.85
1931
 -15.40 -23.17 -17.79 -21.07
1930
 -6.85 -15.85 -5.90 -10.68
1929
 -2.21 -17.97 -1.20 -10.34
1928
 12.69 -2.87 11.11 -1.64
Mastering Etf Investing
The first official book of
Mastering ETF Investing
Build wealth
with Lazy Portfolios and Passive Investing
Buy now
English book
Buy now
Italian book