Aronson Family Taxable Portfolio
The Aronson Family Taxable Portfolio is a portfolio by Ted Aronson, an asset manager at AJO Partners. It's a well-diversified portfolio consisting of 11 funds that cover 4 major asset classes: Emerging Market Equity, US Equity, Fixed Income, and Foreign Equity.
Asset Allocation
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Aronson Family Taxable 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 Apr 11, 2007, corresponding to the inception date of HYG
Returns By Period
As of Oct 30, 2024, the Aronson Family Taxable Portfolio returned 9.04% Year-To-Date and 6.71% 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 | 22.29% | 1.65% | 15.83% | 39.98% | 13.99% | 11.23% |
| Aronson Family Taxable Portfolio | 9.04% | -2.00% | 9.38% | 24.96% | 6.91% | 6.71% |
| Portfolio components: | ||||||
VPL Vanguard FTSE Pacific ETF | 5.06% | -4.71% | 4.11% | 19.47% | 4.72% | 4.83% |
VV Vanguard Large-Cap ETF | 23.64% | 1.89% | 16.77% | 42.36% | 15.74% | 13.18% |
IJT iShares S&P SmallCap 600 Growth ETF | 10.30% | -1.46% | 10.58% | 33.83% | 9.58% | 9.67% |
VTI Vanguard Total Stock Market ETF | 22.25% | 1.78% | 16.24% | 41.75% | 15.07% | 12.66% |
VGK Vanguard FTSE Europe ETF | 8.21% | -4.88% | 5.74% | 25.41% | 7.39% | 5.63% |
IJS iShares S&P SmallCap 600 Value ETF | 5.48% | -0.03% | 12.75% | 31.59% | 8.73% | 8.12% |
TLT iShares 20+ Year Treasury Bond ETF | -4.13% | -6.33% | 6.41% | 13.97% | -5.96% | -0.11% |
IJR iShares Core S&P Small-Cap ETF | 8.04% | -0.76% | 11.70% | 33.00% | 9.48% | 9.15% |
EEM iShares MSCI Emerging Markets ETF | 13.14% | -3.07% | 10.98% | 25.58% | 3.52% | 2.92% |
TIP iShares TIPS Bond ETF | 2.83% | -1.99% | 4.67% | 7.98% | 2.00% | 2.09% |
HYG iShares iBoxx $ High Yield Corporate Bond ETF | 7.55% | -0.59% | 7.39% | 16.71% | 3.49% | 3.80% |
Monthly Returns
The table below presents the monthly returns of Aronson Family Taxable Portfolio, 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 | -1.29% | 2.42% | 2.45% | -3.76% | 3.51% | 0.71% | 3.91% | 1.03% | 1.89% | 9.04% | |||
| 2023 | 7.11% | -3.21% | 1.51% | -0.01% | -1.42% | 4.30% | 2.90% | -3.11% | -4.29% | -3.25% | 7.49% | 6.36% | 14.19% |
| 2022 | -4.40% | -1.09% | -0.49% | -6.86% | 0.39% | -6.55% | 6.09% | -3.85% | -8.99% | 4.42% | 7.16% | -3.74% | -17.79% |
| 2021 | 0.96% | 1.82% | 1.40% | 2.34% | 1.28% | 1.16% | 0.05% | 1.30% | -2.64% | 2.81% | -1.68% | 2.52% | 11.75% |
| 2020 | -1.02% | -4.54% | -10.60% | 8.02% | 3.53% | 2.60% | 4.16% | 3.36% | -1.94% | -0.66% | 10.00% | 4.82% | 17.20% |
| 2019 | 6.74% | 1.62% | 0.72% | 2.07% | -4.03% | 4.89% | 0.01% | -0.65% | 1.51% | 1.82% | 1.61% | 2.40% | 19.96% |
| 2018 | 2.99% | -3.55% | 0.31% | -0.05% | 1.51% | -0.34% | 1.85% | 1.24% | -0.71% | -6.89% | 1.73% | -5.00% | -7.17% |
| 2017 | 2.08% | 1.92% | 0.81% | 1.14% | 0.94% | 0.99% | 1.80% | 0.32% | 1.95% | 1.68% | 1.67% | 1.16% | 17.73% |
| 2016 | -3.26% | 0.05% | 6.01% | 0.70% | 0.42% | 1.57% | 3.71% | 0.42% | 0.90% | -2.24% | 1.38% | 1.33% | 11.22% |
| 2015 | 0.35% | 3.17% | -0.12% | 0.89% | -0.33% | -1.66% | 0.15% | -4.90% | -2.26% | 5.12% | 0.08% | -2.24% | -2.10% |
| 2014 | -2.56% | 3.31% | 0.56% | 0.14% | 1.98% | 2.11% | -1.43% | 2.57% | -3.75% | 2.85% | 0.14% | -0.25% | 5.52% |
| 2013 | 2.52% | 0.67% | 2.15% | 2.20% | -1.80% | -2.06% | 3.31% | -2.09% | 4.74% | 2.77% | 1.12% | 0.64% | 14.81% |
Expense Ratio
Aronson Family Taxable Portfolio has an expense ratio of 0.19%, 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 Aronson Family Taxable Portfolio is 27, 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 | |
|---|---|---|---|---|---|
VPL Vanguard FTSE Pacific ETF | 1.35 | 1.90 | 1.24 | 1.05 | 7.20 |
VV Vanguard Large-Cap ETF | 3.56 | 4.68 | 1.67 | 3.73 | 23.49 |
IJT iShares S&P SmallCap 600 Growth ETF | 1.77 | 2.55 | 1.31 | 1.29 | 10.77 |
VTI Vanguard Total Stock Market ETF | 3.50 | 4.60 | 1.65 | 3.32 | 22.61 |
VGK Vanguard FTSE Europe ETF | 2.07 | 2.90 | 1.35 | 1.91 | 12.29 |
IJS iShares S&P SmallCap 600 Value ETF | 1.53 | 2.26 | 1.27 | 1.44 | 7.12 |
TLT iShares 20+ Year Treasury Bond ETF | 0.89 | 1.36 | 1.15 | 0.28 | 2.32 |
IJR iShares Core S&P Small-Cap ETF | 1.70 | 2.48 | 1.29 | 1.39 | 9.62 |
EEM iShares MSCI Emerging Markets ETF | 1.74 | 2.48 | 1.31 | 0.81 | 9.46 |
TIP iShares TIPS Bond ETF | 1.52 | 2.27 | 1.28 | 0.56 | 7.88 |
HYG iShares iBoxx $ High Yield Corporate Bond ETF | 3.30 | 5.38 | 1.67 | 1.91 | 27.53 |
Dividends
Dividend yield
Aronson Family Taxable Portfolio provided a 2.48% dividend yield over the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Aronson Family Taxable Portfolio | 2.48% | 2.46% | 3.00% | 2.32% | 1.58% | 2.24% | 2.53% | 2.10% | 2.13% | 2.06% | 2.24% | 2.06% |
| Portfolio components: | ||||||||||||
VPL Vanguard FTSE Pacific ETF | 3.08% | 3.12% | 2.75% | 3.19% | 1.81% | 2.84% | 3.06% | 2.57% | 2.65% | 2.43% | 2.69% | 2.49% |
VV Vanguard Large-Cap ETF | 1.27% | 1.41% | 1.66% | 1.19% | 1.46% | 1.81% | 2.09% | 1.75% | 1.98% | 1.96% | 1.77% | 1.75% |
IJT iShares S&P SmallCap 600 Growth ETF | 1.00% | 1.02% | 1.08% | 0.63% | 0.68% | 0.92% | 0.92% | 0.86% | 1.03% | 1.14% | 0.78% | 0.70% |
VTI Vanguard Total Stock Market ETF | 1.30% | 1.44% | 1.66% | 1.21% | 1.42% | 1.78% | 2.04% | 1.71% | 1.92% | 1.98% | 1.76% | 1.74% |
VGK Vanguard FTSE Europe ETF | 2.98% | 3.15% | 3.25% | 3.05% | 2.11% | 3.27% | 3.95% | 2.70% | 3.52% | 3.25% | 4.62% | 2.77% |
IJS iShares S&P SmallCap 600 Value ETF | 1.51% | 1.42% | 1.46% | 1.52% | 1.00% | 1.66% | 1.75% | 1.41% | 1.22% | 1.59% | 1.41% | 1.18% |
TLT iShares 20+ Year Treasury Bond ETF | 3.97% | 3.38% | 2.67% | 1.50% | 1.50% | 2.27% | 2.63% | 2.43% | 2.60% | 2.61% | 2.67% | 3.26% |
IJR iShares Core S&P Small-Cap ETF | 1.31% | 1.31% | 1.41% | 1.53% | 1.11% | 1.44% | 1.58% | 1.20% | 1.21% | 1.48% | 1.23% | 1.00% |
EEM iShares MSCI Emerging Markets ETF | 2.30% | 2.63% | 2.50% | 1.99% | 1.45% | 2.76% | 2.22% | 1.87% | 1.88% | 2.48% | 2.22% | 2.04% |
TIP iShares TIPS Bond ETF | 2.73% | 2.73% | 6.96% | 4.28% | 1.17% | 1.75% | 2.71% | 2.07% | 1.48% | 0.34% | 1.67% | 1.15% |
HYG iShares iBoxx $ High Yield Corporate Bond ETF | 6.35% | 5.74% | 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 Aronson Family Taxable 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 Aronson Family Taxable Portfolio was 42.95%, occurring on Mar 9, 2009. Recovery took 420 trading sessions.
The current Aronson Family Taxable Portfolio drawdown is 2.03%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -42.95% | Nov 1, 2007 | 339 | Mar 9, 2009 | 420 | Nov 4, 2010 | 759 |
| -25.12% | Jan 17, 2020 | 42 | Mar 18, 2020 | 96 | Aug 4, 2020 | 138 |
| -24.93% | Nov 10, 2021 | 234 | Oct 14, 2022 | 438 | Jul 16, 2024 | 672 |
| -14.49% | Apr 27, 2015 | 202 | Feb 11, 2016 | 115 | Jul 27, 2016 | 317 |
| -14.09% | Jan 29, 2018 | 229 | Dec 24, 2018 | 129 | Jul 1, 2019 | 358 |
Volatility
Volatility Chart
The current Aronson Family Taxable Portfolio volatility is 2.13%, 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
| TIP | TLT | HYG | EEM | VPL | VGK | IJS | IJT | IJR | VV | VTI | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| TIP | 1.00 | 0.73 | 0.07 | -0.08 | -0.06 | -0.07 | -0.14 | -0.13 | -0.13 | -0.13 | -0.13 |
| TLT | 0.73 | 1.00 | -0.10 | -0.25 | -0.23 | -0.26 | -0.30 | -0.28 | -0.29 | -0.29 | -0.30 |
| HYG | 0.07 | -0.10 | 1.00 | 0.58 | 0.59 | 0.61 | 0.57 | 0.59 | 0.59 | 0.65 | 0.66 |
| EEM | -0.08 | -0.25 | 0.58 | 1.00 | 0.81 | 0.78 | 0.66 | 0.67 | 0.67 | 0.76 | 0.76 |
| VPL | -0.06 | -0.23 | 0.59 | 0.81 | 1.00 | 0.80 | 0.68 | 0.70 | 0.70 | 0.78 | 0.78 |
| VGK | -0.07 | -0.26 | 0.61 | 0.78 | 0.80 | 1.00 | 0.70 | 0.72 | 0.72 | 0.81 | 0.81 |
| IJS | -0.14 | -0.30 | 0.57 | 0.66 | 0.68 | 0.70 | 1.00 | 0.95 | 0.98 | 0.82 | 0.85 |
| IJT | -0.13 | -0.28 | 0.59 | 0.67 | 0.70 | 0.72 | 0.95 | 1.00 | 0.98 | 0.86 | 0.89 |
| IJR | -0.13 | -0.29 | 0.59 | 0.67 | 0.70 | 0.72 | 0.98 | 0.98 | 1.00 | 0.85 | 0.88 |
| VV | -0.13 | -0.29 | 0.65 | 0.76 | 0.78 | 0.81 | 0.82 | 0.86 | 0.85 | 1.00 | 0.99 |
| VTI | -0.13 | -0.30 | 0.66 | 0.76 | 0.78 | 0.81 | 0.85 | 0.89 | 0.88 | 0.99 | 1.00 |