40/45/15
Asset Allocation
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in 40/45/15, 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 Nov 18, 2004, corresponding to the inception date of GLD
Returns By Period
As of Nov 15, 2024, the 40/45/15 returned 12.97% Year-To-Date and 7.11% 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% |
| 40/45/15 | 12.97% | 0.14% | 6.91% | 19.74% | 9.18% | 7.11% |
| Portfolio components: | ||||||
VTSMX Vanguard Total Stock Market Index Fund Investor Shares | 25.09% | 2.71% | 12.98% | 33.87% | 14.84% | 12.68% |
DFSVX DFA U.S. Small Cap Value Portfolio I | 15.42% | 5.17% | 9.94% | 28.96% | 14.55% | 9.48% |
GLD SPDR Gold Trust | 23.98% | -3.62% | 7.72% | 30.48% | 11.42% | 7.60% |
VIPSX Vanguard Inflation-Protected Securities Fund Investor Shares | 2.22% | -1.76% | 2.18% | 5.99% | 1.95% | 1.88% |
Monthly Returns
The table below presents the monthly returns of 40/45/15, 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 | -0.24% | 1.31% | 3.21% | -2.26% | 3.02% | 0.73% | 3.61% | 0.90% | 1.87% | -0.60% | 12.97% | ||
| 2023 | 4.84% | -2.21% | 2.01% | 0.15% | -1.17% | 2.72% | 2.30% | -1.53% | -3.42% | -0.60% | 5.11% | 4.40% | 12.81% |
| 2022 | -3.03% | 0.95% | 0.33% | -4.38% | -0.43% | -5.28% | 5.27% | -2.89% | -7.22% | 4.52% | 4.19% | -2.64% | -10.93% |
| 2021 | 0.46% | 1.02% | 1.92% | 2.77% | 2.40% | -0.63% | 1.64% | 0.96% | -2.08% | 2.96% | -0.41% | 2.37% | 14.07% |
| 2020 | 0.58% | -3.19% | -7.26% | 7.91% | 2.46% | 1.85% | 4.55% | 3.04% | -2.52% | -0.34% | 5.55% | 4.04% | 16.85% |
| 2019 | 5.04% | 1.28% | 0.32% | 1.64% | -2.41% | 4.40% | 0.52% | 0.47% | 0.23% | 1.11% | 1.06% | 2.04% | 16.66% |
| 2018 | 1.62% | -2.38% | 0.15% | 0.12% | 1.59% | -0.06% | 0.53% | 1.28% | -0.95% | -3.58% | 0.86% | -3.02% | -3.96% |
| 2017 | 1.66% | 1.64% | -0.21% | 0.80% | -0.29% | -0.15% | 1.17% | 0.70% | 0.91% | 0.68% | 1.18% | 0.98% | 9.42% |
| 2016 | -0.96% | 2.40% | 3.54% | 1.26% | -0.74% | 2.22% | 2.32% | -0.34% | 0.64% | -1.70% | 1.17% | 0.20% | 10.33% |
| 2015 | 1.27% | 0.61% | -0.51% | 0.18% | 0.16% | -1.06% | -0.92% | -2.03% | -1.83% | 3.22% | -0.42% | -1.98% | -3.37% |
| 2014 | -0.07% | 3.04% | -0.40% | 0.41% | 1.09% | 2.38% | -1.91% | 2.18% | -3.62% | 1.25% | 0.63% | 0.09% | 5.00% |
| 2013 | 2.00% | -0.07% | 1.90% | -0.53% | -1.40% | -3.56% | 4.00% | -1.27% | 1.62% | 1.73% | 0.24% | -0.11% | 4.42% |
Expense Ratio
40/45/15 has an expense ratio of 0.23%, 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 40/45/15 is 66, 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 | |
|---|---|---|---|---|---|
VTSMX Vanguard Total Stock Market Index Fund Investor Shares | 2.74 | 3.65 | 1.51 | 3.98 | 17.45 |
DFSVX DFA U.S. Small Cap Value Portfolio I | 1.46 | 2.19 | 1.27 | 2.93 | 8.06 |
GLD SPDR Gold Trust | 2.04 | 2.74 | 1.36 | 3.79 | 12.68 |
VIPSX Vanguard Inflation-Protected Securities Fund Investor Shares | 1.12 | 1.66 | 1.20 | 0.44 | 4.82 |
Dividends
Dividend yield
40/45/15 provided a 2.69% dividend yield over the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 2.69% | 2.78% | 5.15% | 4.10% | 1.21% | 1.84% | 2.98% | 2.29% | 2.06% | 1.68% | 2.05% | 1.92% |
| Portfolio components: | ||||||||||||
VTSMX Vanguard Total Stock Market Index Fund Investor Shares | 1.17% | 1.34% | 1.54% | 1.11% | 1.33% | 1.67% | 1.92% | 1.61% | 1.83% | 1.86% | 1.65% | 1.64% |
DFSVX DFA U.S. Small Cap Value Portfolio I | 3.25% | 3.67% | 6.77% | 10.40% | 1.96% | 2.83% | 7.54% | 5.62% | 4.53% | 5.83% | 4.53% | 5.09% |
GLD SPDR Gold Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VIPSX Vanguard Inflation-Protected Securities Fund Investor Shares | 4.24% | 4.20% | 8.34% | 5.02% | 1.29% | 2.22% | 3.03% | 2.32% | 2.05% | 0.76% | 2.13% | 1.66% |
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 40/45/15. 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 40/45/15 was 28.54%, occurring on Nov 20, 2008. Recovery took 259 trading sessions.
The current 40/45/15 drawdown is 1.47%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -28.54% | May 21, 2008 | 129 | Nov 20, 2008 | 259 | Dec 2, 2009 | 388 |
| -18.28% | Feb 21, 2020 | 19 | Mar 18, 2020 | 55 | Jun 5, 2020 | 74 |
| -16.68% | Nov 15, 2021 | 221 | Sep 30, 2022 | 311 | Dec 27, 2023 | 532 |
| -9.2% | Apr 16, 2015 | 192 | Jan 19, 2016 | 95 | Jun 3, 2016 | 287 |
| -9.02% | Aug 28, 2018 | 82 | Dec 24, 2018 | 59 | Mar 21, 2019 | 141 |
Volatility
Volatility Chart
The current 40/45/15 volatility is 2.26%, 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
| GLD | VIPSX | VTSMX | DFSVX | |
|---|---|---|---|---|
| GLD | 1.00 | 0.28 | 0.07 | 0.06 |
| VIPSX | 0.28 | 1.00 | -0.13 | -0.15 |
| VTSMX | 0.07 | -0.13 | 1.00 | 0.86 |
| DFSVX | 0.06 | -0.15 | 0.86 | 1.00 |