Paul Merriman Ultimate Portfolio
The Ultimate Portfolio is a lazy portfolio by Paul Merriman, a financial educator, founder of Merriman, LLC. The portfolio consists of 10 asset classes, 10% each with a tilt to small-cap and value stocks.
Asset Allocation
Performance
The chart shows the growth of an initial investment of $10,000 in Paul Merriman Ultimate 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 Sep 9, 2010, corresponding to the inception date of VIOV
Returns
As of Nov 28, 2023, the Paul Merriman Ultimate Portfolio returned 7.11% Year-To-Date and 5.97% 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 |
| Paul Merriman Ultimate Portfolio | 7.11% | 9.58% | 4.17% | 4.67% | 5.74% | 5.97% |
| Portfolio components: | ||||||
VTV Vanguard Value ETF | 2.97% | 7.58% | 5.81% | 0.36% | 8.44% | 9.32% |
VIOV Vanguard S&P Small-Cap 600 Value ETF | 0.92% | 10.43% | 2.17% | -5.13% | 5.59% | 6.85% |
VV Vanguard Large-Cap ETF | 21.11% | 10.97% | 9.53% | 15.62% | 12.51% | 11.67% |
VEU Vanguard FTSE All-World ex-US ETF | 10.07% | 9.24% | 2.60% | 9.51% | 5.13% | 3.72% |
VIOO Vanguard S&P Small-Cap 600 ETF | 2.67% | 9.54% | 2.87% | -3.49% | 5.63% | 7.45% |
VWO Vanguard FTSE Emerging Markets ETF | 5.17% | 6.96% | 2.80% | 7.44% | 3.11% | 2.52% |
EFV iShares MSCI EAFE Value ETF | 12.80% | 8.16% | 6.33% | 13.57% | 4.56% | 2.65% |
DLS WisdomTree International SmallCap Dividend | 7.02% | 10.07% | 3.03% | 6.34% | 2.05% | 3.17% |
VSS Vanguard FTSE All-World ex-US Small-Cap ETF | 8.43% | 10.50% | 2.92% | 6.99% | 4.19% | 3.48% |
VNQ Vanguard Real Estate ETF | 0.10% | 12.35% | 3.08% | -3.81% | 3.48% | 6.22% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 0.70% | -3.34% | 5.76% | 4.32% | -3.69% | -4.19% | -3.92% |
Dividend yield
Paul Merriman Ultimate Portfolio granted a 2.94% dividend yield in the last twelve months.
| TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Paul Merriman Ultimate Portfolio | 2.94% | 3.01% | 2.44% | 2.12% | 2.82% | 2.98% | 2.50% | 2.63% | 2.62% | 2.75% | 2.52% | 2.66% |
| Portfolio components: | ||||||||||||
VTV Vanguard Value ETF | 2.60% | 2.52% | 2.15% | 2.56% | 2.50% | 2.73% | 2.29% | 2.44% | 2.60% | 2.22% | 2.21% | 2.73% |
VIOV Vanguard S&P Small-Cap 600 Value ETF | 1.95% | 1.81% | 1.59% | 1.42% | 1.60% | 1.76% | 1.43% | 1.17% | 1.32% | 1.27% | 0.91% | 1.31% |
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% |
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% |
VIOO Vanguard S&P Small-Cap 600 ETF | 1.47% | 1.51% | 1.16% | 1.09% | 1.37% | 1.32% | 1.11% | 0.95% | 1.26% | 1.06% | 0.86% | 1.45% |
VWO Vanguard FTSE Emerging Markets ETF | 3.01% | 4.11% | 2.63% | 1.91% | 3.23% | 2.88% | 2.30% | 2.52% | 3.26% | 2.86% | 2.73% | 2.19% |
EFV iShares MSCI EAFE Value ETF | 3.68% | 4.17% | 4.07% | 2.42% | 4.62% | 4.56% | 3.56% | 3.28% | 3.59% | 4.87% | 3.19% | 3.77% |
DLS WisdomTree International SmallCap Dividend | 4.70% | 4.96% | 3.29% | 2.50% | 3.37% | 3.66% | 2.79% | 3.29% | 2.72% | 3.61% | 3.89% | 3.56% |
VSS Vanguard FTSE All-World ex-US Small-Cap ETF | 3.08% | 2.30% | 2.74% | 1.90% | 3.25% | 2.80% | 2.83% | 2.93% | 2.66% | 2.67% | 2.71% | 2.98% |
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% |
Expense Ratio
The Paul Merriman Ultimate Portfolio features an expense ratio of 0.16%, 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 | |
|---|---|---|---|---|---|
VTV Vanguard Value ETF | 0.05 | ||||
VIOV Vanguard S&P Small-Cap 600 Value ETF | -0.23 | ||||
VV Vanguard Large-Cap ETF | 1.08 | ||||
VEU Vanguard FTSE All-World ex-US ETF | 0.72 | ||||
VIOO Vanguard S&P Small-Cap 600 ETF | -0.17 | ||||
VWO Vanguard FTSE Emerging Markets ETF | 0.48 | ||||
EFV iShares MSCI EAFE Value ETF | 1.01 | ||||
DLS WisdomTree International SmallCap Dividend | 0.51 | ||||
VSS Vanguard FTSE All-World ex-US Small-Cap ETF | 0.52 | ||||
VNQ Vanguard Real Estate ETF | -0.16 |
Asset Correlations Table
| VNQ | VIOV | VWO | VIOO | VTV | DLS | VV | EFV | VSS | VEU | |
|---|---|---|---|---|---|---|---|---|---|---|
| VNQ | 1.00 | 0.57 | 0.48 | 0.60 | 0.64 | 0.55 | 0.65 | 0.54 | 0.55 | 0.56 |
| VIOV | 0.57 | 1.00 | 0.58 | 0.92 | 0.79 | 0.65 | 0.75 | 0.68 | 0.67 | 0.68 |
| VWO | 0.48 | 0.58 | 1.00 | 0.61 | 0.68 | 0.78 | 0.72 | 0.77 | 0.85 | 0.89 |
| VIOO | 0.60 | 0.92 | 0.61 | 1.00 | 0.82 | 0.68 | 0.81 | 0.71 | 0.71 | 0.71 |
| VTV | 0.64 | 0.79 | 0.68 | 0.82 | 1.00 | 0.76 | 0.91 | 0.81 | 0.77 | 0.80 |
| DLS | 0.55 | 0.65 | 0.78 | 0.68 | 0.76 | 1.00 | 0.78 | 0.92 | 0.94 | 0.93 |
| VV | 0.65 | 0.75 | 0.72 | 0.81 | 0.91 | 0.78 | 1.00 | 0.79 | 0.81 | 0.83 |
| EFV | 0.54 | 0.68 | 0.77 | 0.71 | 0.81 | 0.92 | 0.79 | 1.00 | 0.90 | 0.95 |
| VSS | 0.55 | 0.67 | 0.85 | 0.71 | 0.77 | 0.94 | 0.81 | 0.90 | 1.00 | 0.95 |
| VEU | 0.56 | 0.68 | 0.89 | 0.71 | 0.80 | 0.93 | 0.83 | 0.95 | 0.95 | 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 Paul Merriman Ultimate 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 Paul Merriman Ultimate Portfolio was 38.24%, occurring on Mar 23, 2020. Recovery took 171 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -38.24% | Jan 21, 2020 | 44 | Mar 23, 2020 | 171 | Nov 23, 2020 | 215 |
| -25.31% | Nov 9, 2021 | 233 | Oct 12, 2022 | — | — | — |
| -24.64% | May 2, 2011 | 108 | Oct 3, 2011 | 304 | Dec 18, 2012 | 412 |
| -20.07% | Jan 29, 2018 | 229 | Dec 24, 2018 | 234 | Nov 27, 2019 | 463 |
| -19.7% | May 18, 2015 | 187 | Feb 11, 2016 | 142 | Sep 2, 2016 | 329 |
Volatility Chart
The current Paul Merriman Ultimate Portfolio volatility is 4.90%, 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.