Bob Clyatt Sandwich Portfolio
The Bob Clyatt Sandwich Portfolio is a diversified investment strategy that allocates assets across various ETFs, including domestic and international equities, real estate, and fixed income. This portfolio emphasizes safety and income generation with a significant 45% allocation to bonds (IEI and BIL), while equities, both large-cap (VV and VEU) and small-cap (SCZ and IJR), and emerging markets (EEM), provide the potential for capital growth. In addition, including real estate (VNQ) adds diversification and an alternative source of income. This portfolio suits conservative investors seeking a balance between stability, revenue, and modest growth potential.
Asset Allocation
Performance
The chart shows the growth of an initial investment of $10,000 in Bob Clyatt Sandwich Portfolio, 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 Dec 12, 2007, corresponding to the inception date of SCZ
Returns
As of Nov 28, 2023, the Bob Clyatt Sandwich Portfolio returned 6.63% Year-To-Date and 4.82% of annualized return in the last 10 years.
| Year-To-Date | 1 month | 6 months | 1 year | 5 years (annualized) | 10 years (annualized) | |
|---|---|---|---|---|---|---|
^GSPC | N/A | N/A | N/A | N/A | N/A | N/A |
| Bob Clyatt Sandwich Portfolio | 6.63% | 6.47% | 2.84% | 4.86% | 4.90% | 4.82% |
| Portfolio components: | ||||||
VV Vanguard Large-Cap ETF | 21.11% | 10.97% | 9.53% | 15.62% | 12.51% | 11.67% |
EEM iShares MSCI Emerging Markets ETF | 4.72% | 7.80% | 1.77% | 6.68% | 1.17% | 1.37% |
VNQ Vanguard Real Estate ETF | 0.10% | 12.35% | 3.08% | -3.81% | 3.48% | 6.22% |
IEI iShares 3-7 Year Treasury Bond ETF | 1.53% | 1.87% | -0.09% | 1.49% | 0.64% | 0.85% |
SCZ iShares MSCI EAFE Small-Cap ETF | 5.24% | 11.23% | 0.97% | 4.23% | 3.36% | 4.19% |
VEU Vanguard FTSE All-World ex-US ETF | 10.07% | 9.24% | 2.60% | 9.51% | 5.13% | 3.72% |
IJR iShares Core S&P Small-Cap ETF | 2.79% | 9.71% | 3.03% | -3.32% | 5.60% | 7.47% |
BIL SPDR Barclays 1-3 Month T-Bill ETF | 4.42% | 0.40% | 2.62% | 4.84% | 1.67% | 1.04% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 0.64% | -1.34% | 2.62% | 2.26% | -1.87% | -3.15% | -2.13% |
Dividend yield
Bob Clyatt Sandwich Portfolio granted a 2.23% dividend yield in the last twelve months.
| TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bob Clyatt Sandwich Portfolio | 2.23% | 1.79% | 1.39% | 1.41% | 2.26% | 2.25% | 1.81% | 1.85% | 1.81% | 1.74% | 1.49% | 1.69% |
| Portfolio components: | ||||||||||||
VV Vanguard Large-Cap ETF | 1.44% | 1.66% | 1.19% | 1.46% | 1.81% | 2.09% | 1.75% | 1.98% | 1.96% | 1.77% | 1.75% | 2.12% |
EEM iShares MSCI Emerging Markets ETF | 2.27% | 2.50% | 1.99% | 1.45% | 2.76% | 2.22% | 1.87% | 1.88% | 2.48% | 2.22% | 2.04% | 1.67% |
VNQ Vanguard Real Estate ETF | 4.48% | 3.91% | 2.56% | 3.93% | 3.39% | 4.74% | 4.23% | 4.82% | 3.92% | 3.60% | 4.32% | 3.56% |
IEI iShares 3-7 Year Treasury Bond ETF | 2.25% | 1.37% | 0.73% | 1.12% | 2.01% | 1.95% | 1.51% | 1.33% | 1.39% | 1.23% | 0.77% | 0.87% |
SCZ iShares MSCI EAFE Small-Cap ETF | 1.71% | 1.99% | 2.96% | 1.52% | 3.51% | 2.79% | 2.38% | 2.82% | 2.06% | 2.61% | 2.39% | 3.26% |
VEU Vanguard FTSE All-World ex-US ETF | 3.03% | 3.12% | 3.08% | 2.00% | 3.10% | 3.27% | 2.66% | 2.96% | 2.95% | 3.52% | 2.66% | 2.94% |
IJR iShares Core S&P Small-Cap ETF | 1.61% | 1.41% | 1.53% | 1.11% | 1.44% | 1.58% | 1.20% | 1.21% | 1.48% | 1.23% | 1.00% | 1.66% |
BIL SPDR Barclays 1-3 Month T-Bill ETF | 4.57% | 1.35% | 0.00% | 0.30% | 2.05% | 1.66% | 0.68% | 0.07% | 0.00% | 0.00% | 0.00% | 0.00% |
Expense Ratio
The Bob Clyatt Sandwich Portfolio features an expense ratio of 0.17%, falling within the medium range. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.
Risk-Adjusted Performance
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 | Ulcer Index | |
|---|---|---|---|---|---|
VV Vanguard Large-Cap ETF | 1.08 | ||||
EEM iShares MSCI Emerging Markets ETF | 0.39 | ||||
VNQ Vanguard Real Estate ETF | -0.16 | ||||
IEI iShares 3-7 Year Treasury Bond ETF | 0.25 | ||||
SCZ iShares MSCI EAFE Small-Cap ETF | 0.33 | ||||
VEU Vanguard FTSE All-World ex-US ETF | 0.72 | ||||
IJR iShares Core S&P Small-Cap ETF | -0.16 | ||||
BIL SPDR Barclays 1-3 Month T-Bill ETF | 16.88 |
Asset Correlations Table
| BIL | IEI | VNQ | EEM | SCZ | IJR | VV | VEU | |
|---|---|---|---|---|---|---|---|---|
| BIL | 1.00 | 0.02 | -0.02 | -0.02 | -0.02 | -0.02 | -0.02 | -0.02 |
| IEI | 0.02 | 1.00 | -0.10 | -0.24 | -0.20 | -0.30 | -0.30 | -0.24 |
| VNQ | -0.02 | -0.10 | 1.00 | 0.53 | 0.57 | 0.68 | 0.69 | 0.59 |
| EEM | -0.02 | -0.24 | 0.53 | 1.00 | 0.78 | 0.67 | 0.76 | 0.89 |
| SCZ | -0.02 | -0.20 | 0.57 | 0.78 | 1.00 | 0.71 | 0.78 | 0.91 |
| IJR | -0.02 | -0.30 | 0.68 | 0.67 | 0.71 | 1.00 | 0.85 | 0.75 |
| VV | -0.02 | -0.30 | 0.69 | 0.76 | 0.78 | 0.85 | 1.00 | 0.84 |
| VEU | -0.02 | -0.24 | 0.59 | 0.89 | 0.91 | 0.75 | 0.84 | 1.00 |
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Bob Clyatt Sandwich Portfolio. 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 Bob Clyatt Sandwich Portfolio was 32.62%, occurring on Mar 9, 2009. Recovery took 274 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -32.62% | May 20, 2008 | 202 | Mar 9, 2009 | 274 | Apr 9, 2010 | 476 |
| -20.47% | Nov 8, 2021 | 236 | Oct 14, 2022 | — | — | — |
| -18.13% | Feb 13, 2020 | 27 | Mar 23, 2020 | 53 | Jun 8, 2020 | 80 |
| -11.3% | Jul 8, 2011 | 61 | Oct 3, 2011 | 83 | Feb 1, 2012 | 144 |
| -9.81% | Jan 29, 2018 | 229 | Dec 24, 2018 | 59 | Mar 21, 2019 | 288 |
Volatility Chart
The current Bob Clyatt Sandwich Portfolio volatility is 2.96%, 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.