Merrill Moderately Aggressive
Asset Allocation
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Merrill Moderately Aggressive, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced Quarterly
The earliest data available for this chart is Jun 4, 2013, corresponding to the inception date of BNDX
Returns By Period
As of Nov 15, 2024, the Merrill Moderately Aggressive returned 13.67% Year-To-Date and 7.93% of annualized return in the last 10 years.
| Year-To-Date | 1 month | 6 months | 1 year | 5 years (annualized) | 10 years (annualized) | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | 24.72% | 2.30% | 12.31% | 32.12% | 13.81% | 11.31% |
| Merrill Moderately Aggressive | 13.67% | -0.20% | 6.70% | 20.52% | 8.63% | 7.93% |
| Portfolio components: | ||||||
VUG Vanguard Growth ETF | 31.13% | 4.51% | 16.21% | 38.87% | 19.15% | 15.78% |
VEU Vanguard FTSE All-World ex-US ETF | 6.48% | -4.23% | -1.08% | 13.27% | 5.38% | 4.97% |
VTV Vanguard Value ETF | 20.35% | 0.16% | 9.55% | 28.81% | 11.51% | 10.56% |
EEM iShares MSCI Emerging Markets ETF | 7.55% | -4.96% | -0.81% | 11.02% | 2.21% | 2.68% |
IJS iShares S&P SmallCap 600 Value ETF | 11.07% | 4.74% | 11.82% | 25.52% | 9.35% | 8.72% |
IJT iShares S&P SmallCap 600 Growth ETF | 15.84% | 2.98% | 10.22% | 29.17% | 10.37% | 10.36% |
IEI iShares 3-7 Year Treasury Bond ETF | 1.41% | -1.65% | 2.24% | 5.02% | -0.03% | 1.11% |
LQD iShares iBoxx $ Investment Grade Corporate Bond ETF | 1.44% | -2.48% | 2.93% | 9.53% | 0.13% | 2.48% |
MBB iShares MBS Bond ETF | 1.39% | -1.93% | 2.74% | 7.60% | -0.68% | 0.87% |
BIL SPDR Barclays 1-3 Month T-Bill ETF | 4.57% | 0.37% | 2.53% | 5.27% | 2.26% | 1.55% |
BNDX Vanguard Total International Bond ETF | 2.97% | -0.24% | 3.28% | 7.61% | -0.04% | 2.01% |
HYG iShares iBoxx $ High Yield Corporate Bond ETF | 8.26% | 0.06% | 6.17% | 13.53% | 3.50% | 3.95% |
Monthly Returns
The table below presents the monthly returns of Merrill Moderately Aggressive, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.11% | 2.87% | 2.35% | -3.01% | 3.54% | 2.00% | 1.95% | 1.89% | 2.10% | -2.06% | 13.67% | ||
| 2023 | 6.52% | -3.01% | 3.25% | 0.86% | -0.46% | 4.11% | 2.71% | -2.21% | -3.70% | -2.28% | 7.66% | 4.54% | 18.60% |
| 2022 | -3.83% | -2.41% | 0.31% | -6.95% | 0.50% | -5.91% | 5.91% | -3.73% | -7.98% | 3.67% | 6.78% | -3.76% | -17.18% |
| 2021 | -0.04% | 1.35% | 1.75% | 3.06% | 0.88% | 1.55% | 0.46% | 1.65% | -3.18% | 3.55% | -1.40% | 2.37% | 12.46% |
| 2020 | -0.32% | -4.57% | -9.70% | 8.23% | 3.79% | 2.68% | 4.31% | 4.22% | -2.24% | -1.26% | 8.52% | 3.57% | 16.87% |
| 2019 | 6.34% | 1.74% | 1.53% | 2.57% | -4.06% | 5.02% | 0.33% | -0.81% | 1.20% | 2.00% | 1.86% | 2.63% | 21.90% |
| 2018 | 3.80% | -3.24% | -0.84% | -0.17% | 1.11% | -0.28% | 2.35% | 1.12% | 0.02% | -5.74% | 1.43% | -4.54% | -5.29% |
| 2017 | 2.14% | 2.28% | 0.95% | 1.30% | 1.57% | 0.42% | 2.06% | 0.60% | 1.24% | 1.63% | 1.35% | 1.22% | 18.12% |
| 2016 | -3.48% | -0.28% | 5.79% | 0.64% | 0.41% | 0.78% | 3.13% | 0.24% | 0.59% | -1.60% | 0.45% | 1.30% | 7.97% |
| 2015 | -0.57% | 3.65% | -1.37% | 1.96% | -0.01% | -1.74% | 0.67% | -4.76% | -1.82% | 5.38% | -0.26% | -1.85% | -1.10% |
| 2014 | -2.65% | 3.54% | 0.30% | 0.58% | 1.99% | 1.57% | -1.08% | 2.61% | -2.48% | 1.74% | 1.19% | -1.00% | 6.27% |
| 2013 | -2.21% | 3.57% | -1.90% | 3.96% | 3.09% | 1.30% | 1.32% | 9.28% |
Expense Ratio
Merrill Moderately Aggressive has an expense ratio of 0.13%, which is considered low compared to other funds. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of Merrill Moderately Aggressive is 42, suggesting that the investment has average results relative to other portfolios in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
This table presents a comparison of risk-adjusted performance metrics for positions. Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|
VUG Vanguard Growth ETF | 2.33 | 3.03 | 1.43 | 3.00 | 11.86 |
VEU Vanguard FTSE All-World ex-US ETF | 1.06 | 1.53 | 1.19 | 1.16 | 5.71 |
VTV Vanguard Value ETF | 2.89 | 4.05 | 1.53 | 5.78 | 18.59 |
EEM iShares MSCI Emerging Markets ETF | 0.77 | 1.17 | 1.14 | 0.39 | 3.77 |
IJS iShares S&P SmallCap 600 Value ETF | 1.23 | 1.87 | 1.22 | 1.61 | 5.68 |
IJT iShares S&P SmallCap 600 Growth ETF | 1.49 | 2.20 | 1.26 | 1.38 | 9.04 |
IEI iShares 3-7 Year Treasury Bond ETF | 1.03 | 1.52 | 1.18 | 0.39 | 3.20 |
LQD iShares iBoxx $ Investment Grade Corporate Bond ETF | 1.20 | 1.77 | 1.21 | 0.49 | 4.15 |
MBB iShares MBS Bond ETF | 1.02 | 1.50 | 1.18 | 0.48 | 3.39 |
BIL SPDR Barclays 1-3 Month T-Bill ETF | 20.33 | 273.01 | 158.62 | 482.85 | 4,446.78 |
BNDX Vanguard Total International Bond ETF | 1.81 | 2.73 | 1.32 | 0.66 | 6.57 |
HYG iShares iBoxx $ High Yield Corporate Bond ETF | 2.82 | 4.39 | 1.55 | 2.36 | 21.37 |
Dividends
Dividend yield
Merrill Moderately Aggressive provided a 2.46% dividend yield over the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 2.46% | 2.44% | 2.04% | 1.63% | 1.62% | 2.26% | 2.39% | 1.97% | 2.11% | 2.19% | 2.08% | 1.87% |
| Portfolio components: | ||||||||||||
VUG Vanguard Growth ETF | 0.48% | 0.58% | 0.70% | 0.48% | 0.66% | 0.95% | 1.32% | 1.14% | 1.39% | 1.30% | 1.21% | 1.19% |
VEU Vanguard FTSE All-World ex-US ETF | 3.00% | 3.32% | 3.12% | 3.07% | 2.00% | 3.10% | 3.27% | 2.66% | 2.96% | 2.95% | 3.52% | 2.66% |
VTV Vanguard Value ETF | 2.24% | 2.46% | 2.52% | 2.15% | 2.56% | 2.50% | 2.73% | 2.29% | 2.44% | 2.60% | 2.22% | 2.21% |
EEM iShares MSCI Emerging Markets ETF | 2.42% | 2.63% | 2.50% | 1.99% | 1.45% | 2.76% | 2.24% | 1.89% | 1.89% | 2.49% | 2.23% | 2.06% |
IJS iShares S&P SmallCap 600 Value ETF | 1.43% | 1.42% | 1.47% | 1.52% | 1.00% | 1.66% | 1.75% | 1.41% | 1.22% | 1.59% | 1.41% | 1.18% |
IJT iShares S&P SmallCap 600 Growth ETF | 0.95% | 1.02% | 1.08% | 0.63% | 0.68% | 0.92% | 0.92% | 0.86% | 1.03% | 1.14% | 0.78% | 0.70% |
IEI iShares 3-7 Year Treasury Bond ETF | 3.11% | 2.36% | 1.37% | 0.73% | 1.12% | 2.01% | 1.95% | 1.51% | 1.33% | 1.39% | 1.23% | 0.77% |
LQD iShares iBoxx $ Investment Grade Corporate Bond ETF | 4.41% | 3.99% | 3.30% | 2.30% | 2.66% | 3.29% | 3.67% | 3.10% | 3.34% | 3.47% | 3.39% | 3.83% |
MBB iShares MBS Bond ETF | 3.86% | 3.40% | 2.31% | 1.05% | 2.10% | 2.77% | 2.63% | 2.23% | 2.58% | 2.66% | 1.72% | 1.27% |
BIL SPDR Barclays 1-3 Month T-Bill ETF | 5.15% | 4.92% | 1.35% | 0.00% | 0.30% | 2.05% | 1.66% | 0.68% | 0.07% | 0.00% | 0.00% | 0.00% |
BNDX Vanguard Total International Bond ETF | 4.77% | 4.42% | 1.52% | 3.74% | 1.11% | 3.40% | 3.01% | 2.23% | 1.89% | 1.63% | 1.54% | 0.86% |
HYG iShares iBoxx $ High Yield Corporate Bond ETF | 5.90% | 5.75% | 5.30% | 4.02% | 4.88% | 4.99% | 5.54% | 5.12% | 5.27% | 5.90% | 5.69% | 6.10% |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Merrill Moderately Aggressive. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Merrill Moderately Aggressive was 24.28%, occurring on Mar 23, 2020. Recovery took 82 trading sessions.
The current Merrill Moderately Aggressive drawdown is 1.46%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -24.28% | Feb 20, 2020 | 23 | Mar 23, 2020 | 82 | Jul 20, 2020 | 105 |
| -23.44% | Nov 9, 2021 | 235 | Oct 14, 2022 | 339 | Feb 22, 2024 | 574 |
| -13.13% | Jan 29, 2018 | 229 | Dec 24, 2018 | 68 | Apr 3, 2019 | 297 |
| -12.89% | Apr 27, 2015 | 202 | Feb 11, 2016 | 110 | Jul 20, 2016 | 312 |
| -5.87% | Sep 3, 2020 | 14 | Sep 23, 2020 | 31 | Nov 5, 2020 | 45 |
Volatility
Volatility Chart
The current Merrill Moderately Aggressive volatility is 2.46%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Diversification
Asset Correlations Table
| BIL | BNDX | MBB | IEI | LQD | EEM | VUG | IJS | IJT | HYG | VTV | VEU | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BIL | 1.00 | 0.01 | 0.05 | 0.03 | 0.02 | 0.03 | 0.01 | -0.00 | -0.00 | 0.03 | 0.02 | 0.02 |
| BNDX | 0.01 | 1.00 | 0.63 | 0.68 | 0.67 | 0.00 | 0.03 | -0.06 | -0.03 | 0.18 | -0.06 | 0.00 |
| MBB | 0.05 | 0.63 | 1.00 | 0.85 | 0.78 | 0.04 | 0.01 | -0.04 | -0.03 | 0.22 | -0.05 | 0.05 |
| IEI | 0.03 | 0.68 | 0.85 | 1.00 | 0.76 | -0.08 | -0.11 | -0.17 | -0.16 | 0.10 | -0.20 | -0.09 |
| LQD | 0.02 | 0.67 | 0.78 | 0.76 | 1.00 | 0.14 | 0.17 | 0.08 | 0.10 | 0.38 | 0.08 | 0.17 |
| EEM | 0.03 | 0.00 | 0.04 | -0.08 | 0.14 | 1.00 | 0.66 | 0.57 | 0.59 | 0.60 | 0.63 | 0.89 |
| VUG | 0.01 | 0.03 | 0.01 | -0.11 | 0.17 | 0.66 | 1.00 | 0.64 | 0.75 | 0.68 | 0.72 | 0.75 |
| IJS | -0.00 | -0.06 | -0.04 | -0.17 | 0.08 | 0.57 | 0.64 | 1.00 | 0.93 | 0.61 | 0.82 | 0.69 |
| IJT | -0.00 | -0.03 | -0.03 | -0.16 | 0.10 | 0.59 | 0.75 | 0.93 | 1.00 | 0.64 | 0.80 | 0.71 |
| HYG | 0.03 | 0.18 | 0.22 | 0.10 | 0.38 | 0.60 | 0.68 | 0.61 | 0.64 | 1.00 | 0.66 | 0.69 |
| VTV | 0.02 | -0.06 | -0.05 | -0.20 | 0.08 | 0.63 | 0.72 | 0.82 | 0.80 | 0.66 | 1.00 | 0.77 |
| VEU | 0.02 | 0.00 | 0.05 | -0.09 | 0.17 | 0.89 | 0.75 | 0.69 | 0.71 | 0.69 | 0.77 | 1.00 |