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
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
Returns
As of Oct 2, 2023, the Aronson Family Taxable Portfolio returned 3.22% Year-To-Date and 5.78% of annualized return in the last 10 years.
| 1 month | 6 months | Year-To-Date | 1 year | 5 years (annualized) | 10 years (annualized) | |
|---|---|---|---|---|---|---|
| Benchmark | -5.04% | 3.97% | 11.68% | 19.59% | 7.98% | 9.78% |
| Aronson Family Taxable Portfolio | -4.54% | -2.25% | 3.22% | 11.18% | 3.92% | 5.73% |
| Portfolio components: | ||||||
VPL Vanguard FTSE Pacific ETF | -3.81% | -1.09% | 5.36% | 19.92% | 1.79% | 3.72% |
VV Vanguard Large-Cap ETF | -4.91% | 5.13% | 13.61% | 21.56% | 9.72% | 11.69% |
IJT iShares S&P SmallCap 600 Growth ETF | -6.63% | 0.16% | 2.41% | 9.22% | 3.08% | 8.32% |
VTI Vanguard Total Stock Market ETF | -5.11% | 4.57% | 12.38% | 20.30% | 9.06% | 11.19% |
VGK Vanguard FTSE Europe ETF | -4.16% | -3.48% | 7.26% | 29.78% | 3.90% | 3.95% |
IJS iShares S&P SmallCap 600 Value ETF | -7.36% | -3.70% | -0.94% | 10.01% | 3.30% | 7.40% |
TLT iShares 20+ Year Treasury Bond ETF | -6.49% | -15.66% | -9.01% | -10.72% | -3.03% | 0.62% |
IJR iShares Core S&P Small-Cap ETF | -6.90% | -1.71% | 0.87% | 9.95% | 3.51% | 8.11% |
EEM iShares MSCI Emerging Markets ETF | -4.24% | -3.27% | 0.92% | 11.33% | 0.16% | 1.06% |
TIP iShares TIPS Bond ETF | -1.41% | -4.29% | -0.68% | 1.22% | 2.06% | 1.59% |
HYG iShares iBoxx $ High Yield Corporate Bond ETF | -1.80% | 0.47% | 4.14% | 9.38% | 1.87% | 3.00% |
| Returns over 1 year are annualized | ||||||
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 1.51% | -0.01% | -1.42% | 4.30% | 2.90% | -3.11% |
Dividend yield
Aronson Family Taxable Portfolio granted a 2.48% dividend yield in the last twelve months.
| TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Aronson Family Taxable Portfolio | 2.48% | 3.06% | 2.45% | 1.70% | 2.46% | 2.87% | 2.45% | 2.55% | 2.52% | 2.83% | 2.69% | 3.31% |
| Portfolio components: | ||||||||||||
VPL Vanguard FTSE Pacific ETF | 2.95% | 2.79% | 3.32% | 1.94% | 3.12% | 3.46% | 2.98% | 3.16% | 2.98% | 3.37% | 3.21% | 4.27% |
VV Vanguard Large-Cap ETF | 1.53% | 1.68% | 1.22% | 1.52% | 1.92% | 2.25% | 1.93% | 2.22% | 2.25% | 2.07% | 2.09% | 2.57% |
IJT iShares S&P SmallCap 600 Growth ETF | 1.24% | 1.09% | 0.64% | 0.70% | 0.95% | 0.96% | 0.91% | 1.10% | 1.23% | 0.85% | 0.77% | 1.55% |
VTI Vanguard Total Stock Market ETF | 1.57% | 1.68% | 1.25% | 1.48% | 1.88% | 2.21% | 1.88% | 2.15% | 2.27% | 2.06% | 2.07% | 2.58% |
VGK Vanguard FTSE Europe ETF | 3.40% | 3.34% | 3.24% | 2.32% | 3.68% | 4.60% | 3.26% | 4.36% | 4.18% | 6.12% | 3.82% | 4.29% |
IJS iShares S&P SmallCap 600 Value ETF | 1.69% | 1.48% | 1.57% | 1.05% | 1.76% | 1.89% | 1.54% | 1.35% | 1.79% | 1.61% | 1.37% | 2.19% |
TLT iShares 20+ Year Treasury Bond ETF | 3.56% | 2.73% | 1.56% | 1.59% | 2.44% | 2.90% | 2.76% | 3.02% | 3.11% | 3.26% | 4.09% | 3.47% |
IJR iShares Core S&P Small-Cap ETF | 1.65% | 1.43% | 1.57% | 1.16% | 1.52% | 1.70% | 1.31% | 1.34% | 1.66% | 1.39% | 1.15% | 1.92% |
EEM iShares MSCI Emerging Markets ETF | 2.36% | 2.52% | 2.06% | 1.53% | 2.95% | 2.45% | 2.11% | 2.15% | 2.89% | 2.65% | 2.49% | 2.08% |
TIP iShares TIPS Bond ETF | 2.45% | 7.09% | 4.64% | 1.32% | 2.01% | 3.16% | 2.49% | 1.81% | 0.42% | 2.08% | 1.45% | 2.84% |
HYG iShares iBoxx $ High Yield Corporate Bond ETF | 5.83% | 5.51% | 4.40% | 5.56% | 5.99% | 6.99% | 6.81% | 7.37% | 8.72% | 8.87% | 10.05% | 11.56% |
Expense Ratio
The Aronson Family Taxable Portfolio features an expense ratio of 0.19%, 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 | |
|---|---|---|---|---|---|
VPL Vanguard FTSE Pacific ETF | 1.06 | ||||
VV Vanguard Large-Cap ETF | 1.00 | ||||
IJT iShares S&P SmallCap 600 Growth ETF | 0.32 | ||||
VTI Vanguard Total Stock Market ETF | 0.93 | ||||
VGK Vanguard FTSE Europe ETF | 1.50 | ||||
IJS iShares S&P SmallCap 600 Value ETF | 0.31 | ||||
TLT iShares 20+ Year Treasury Bond ETF | -0.68 | ||||
IJR iShares Core S&P Small-Cap ETF | 0.34 | ||||
EEM iShares MSCI Emerging Markets ETF | 0.46 | ||||
TIP iShares TIPS Bond ETF | -0.12 | ||||
HYG iShares iBoxx $ High Yield Corporate Bond ETF | 0.83 |
Asset Correlations Table
| TIP | TLT | HYG | EEM | VPL | VGK | IJS | IJT | IJR | VV | VTI | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| TIP | 1.00 | 0.72 | 0.04 | -0.09 | -0.08 | -0.09 | -0.16 | -0.15 | -0.16 | -0.15 | -0.15 |
| TLT | 0.72 | 1.00 | -0.14 | -0.28 | -0.26 | -0.30 | -0.34 | -0.32 | -0.33 | -0.32 | -0.33 |
| HYG | 0.04 | -0.14 | 1.00 | 0.58 | 0.58 | 0.61 | 0.57 | 0.59 | 0.59 | 0.66 | 0.66 |
| EEM | -0.09 | -0.28 | 0.58 | 1.00 | 0.82 | 0.78 | 0.66 | 0.68 | 0.68 | 0.76 | 0.76 |
| VPL | -0.08 | -0.26 | 0.58 | 0.82 | 1.00 | 0.80 | 0.69 | 0.71 | 0.70 | 0.78 | 0.78 |
| VGK | -0.09 | -0.30 | 0.61 | 0.78 | 0.80 | 1.00 | 0.70 | 0.72 | 0.72 | 0.81 | 0.81 |
| IJS | -0.16 | -0.34 | 0.57 | 0.66 | 0.69 | 0.70 | 1.00 | 0.95 | 0.98 | 0.83 | 0.86 |
| IJT | -0.15 | -0.32 | 0.59 | 0.68 | 0.71 | 0.72 | 0.95 | 1.00 | 0.98 | 0.87 | 0.89 |
| IJR | -0.16 | -0.33 | 0.59 | 0.68 | 0.70 | 0.72 | 0.98 | 0.98 | 1.00 | 0.86 | 0.88 |
| VV | -0.15 | -0.32 | 0.66 | 0.76 | 0.78 | 0.81 | 0.83 | 0.87 | 0.86 | 1.00 | 0.99 |
| VTI | -0.15 | -0.33 | 0.66 | 0.76 | 0.78 | 0.81 | 0.86 | 0.89 | 0.88 | 0.99 | 1.00 |
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below shows the maximum drawdowns of the Aronson Family Taxable Portfolio. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.
The maximum drawdown since January 2010 for the Aronson Family Taxable Portfolio is 42.95%, recorded on Mar 9, 2009. It took 420 trading sessions for the portfolio to recover.
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 | — | — | — |
| -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 Chart
The current Aronson Family Taxable Portfolio volatility is 2.66%, 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.