Lazy September
Asset Allocation
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Lazy September, 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 Jun 4, 2013, corresponding to the inception date of BNDX
Returns By Period
As of Sep 21, 2024, the Lazy September returned 6.73% Year-To-Date and 2.93% 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 | 19.55% | 1.45% | 8.95% | 31.70% | 13.79% | 11.17% |
| Lazy September | 6.73% | 1.49% | 6.22% | 12.03% | 2.93% | 2.93% |
| Portfolio components: | ||||||
GLD SPDR Gold Trust | 26.70% | 4.33% | 20.89% | 36.03% | 11.14% | 7.51% |
BNDX Vanguard Total International Bond ETF | 3.18% | 0.58% | 3.23% | 9.30% | -0.17% | 2.14% |
DBC Invesco DB Commodity Index Tracking Fund | 0.82% | 1.51% | -2.16% | -7.67% | 9.02% | 0.28% |
BND Vanguard Total Bond Market ETF | 4.86% | 1.08% | 5.70% | 11.16% | 0.38% | 1.83% |
BIL SPDR Barclays 1-3 Month T-Bill ETF | 3.89% | 0.48% | 2.67% | 5.39% | 2.18% | 1.48% |
TLT iShares 20+ Year Treasury Bond ETF | 2.67% | 0.47% | 7.34% | 13.39% | -4.70% | 0.93% |
LQD iShares iBoxx $ Investment Grade Corporate Bond ETF | 5.59% | 1.67% | 6.76% | 14.92% | 0.99% | 2.95% |
EMB iShares J.P. Morgan USD Emerging Markets Bond ETF | 8.64% | 1.78% | 6.84% | 17.88% | 0.47% | 2.76% |
TIP iShares TIPS Bond ETF | 4.93% | 1.33% | 5.06% | 9.10% | 2.37% | 2.36% |
Monthly Returns
The table below presents the monthly returns of Lazy September, 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 | -0.44% | -0.77% | 2.27% | -1.38% | 1.45% | 0.49% | 2.02% | 1.08% | 6.73% | ||||
| 2023 | 3.48% | -3.00% | 2.98% | 0.28% | -1.73% | 0.45% | 1.16% | -0.95% | -2.57% | -0.61% | 3.85% | 2.93% | 6.13% |
| 2022 | -1.13% | 0.28% | -0.35% | -3.17% | 0.14% | -2.96% | 1.78% | -2.81% | -4.93% | -0.29% | 4.63% | -1.09% | -9.79% |
| 2021 | -0.93% | -1.25% | -1.17% | 2.16% | 1.63% | 0.58% | 1.65% | -0.26% | -0.89% | 1.24% | -0.78% | 1.00% | 2.94% |
| 2020 | 1.49% | 0.40% | -3.84% | 2.46% | 2.13% | 1.67% | 3.56% | -0.28% | -1.09% | -0.99% | 1.91% | 1.66% | 9.24% |
| 2019 | 2.47% | 0.15% | 1.52% | -0.03% | 1.07% | 2.58% | 0.22% | 3.04% | -1.00% | 0.48% | -0.48% | 1.10% | 11.60% |
| 2018 | -0.16% | -1.58% | 1.09% | -0.47% | 0.47% | -0.62% | -0.28% | -0.10% | 0.02% | -1.46% | -0.71% | 1.68% | -2.14% |
| 2017 | 0.85% | 1.07% | -0.46% | 0.59% | 0.44% | -0.40% | 0.98% | 1.51% | -0.60% | 0.50% | 0.21% | 1.23% | 6.05% |
| 2016 | 1.21% | 2.28% | 1.43% | 1.95% | -0.58% | 3.75% | 0.22% | -0.30% | 0.46% | -1.51% | -3.10% | 0.58% | 6.39% |
| 2015 | 2.87% | -1.33% | -0.69% | 0.31% | -0.95% | -1.23% | -1.25% | -0.15% | -0.17% | 0.68% | -1.61% | -1.14% | -4.64% |
| 2014 | 1.43% | 1.97% | -0.21% | 0.98% | 0.81% | 0.99% | -0.91% | 1.17% | -2.48% | 0.15% | -0.34% | -0.74% | 2.77% |
| 2013 | -3.64% | 1.26% | 0.11% | -0.11% | 0.84% | -1.40% | -0.77% | -3.74% |
Expense Ratio
Lazy September has an expense ratio of 0.26%, 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 Lazy September is 24, indicating that it is in the bottom 24% of portfolios on our website in terms of risk-adjusted performance. This ranking is based on the combined 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 | |
|---|---|---|---|---|---|
GLD SPDR Gold Trust | 2.41 | 3.34 | 1.42 | 2.71 | 14.79 |
BNDX Vanguard Total International Bond ETF | 2.03 | 3.10 | 1.36 | 0.67 | 8.15 |
DBC Invesco DB Commodity Index Tracking Fund | -0.56 | -0.71 | 0.92 | -0.29 | -1.25 |
BND Vanguard Total Bond Market ETF | 1.65 | 2.42 | 1.29 | 0.58 | 6.84 |
BIL SPDR Barclays 1-3 Month T-Bill ETF | 20.93 | 487.90 | 488.90 | 500.97 | 7,952.72 |
TLT iShares 20+ Year Treasury Bond ETF | 0.63 | 0.98 | 1.11 | 0.22 | 1.80 |
LQD iShares iBoxx $ Investment Grade Corporate Bond ETF | 1.66 | 2.43 | 1.29 | 0.61 | 6.38 |
EMB iShares J.P. Morgan USD Emerging Markets Bond ETF | 1.99 | 2.85 | 1.35 | 0.74 | 10.86 |
TIP iShares TIPS Bond ETF | 1.56 | 2.34 | 1.28 | 0.59 | 8.44 |
Dividends
Dividend yield
Lazy September granted a 3.71% dividend yield in the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Lazy September | 3.71% | 3.58% | 2.67% | 1.96% | 1.43% | 2.40% | 2.60% | 1.96% | 1.86% | 1.72% | 1.85% | 1.85% |
| Portfolio components: | ||||||||||||
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% |
BNDX Vanguard Total International Bond ETF | 4.68% | 4.42% | 1.51% | 3.74% | 1.11% | 3.40% | 3.01% | 2.23% | 1.89% | 1.63% | 1.54% | 0.86% |
DBC Invesco DB Commodity Index Tracking Fund | 4.90% | 4.94% | 0.59% | 0.00% | 0.00% | 1.59% | 1.30% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BND Vanguard Total Bond Market ETF | 3.37% | 3.09% | 2.60% | 1.97% | 2.22% | 2.72% | 2.81% | 2.54% | 2.51% | 2.57% | 2.79% | 2.78% |
BIL SPDR Barclays 1-3 Month T-Bill ETF | 5.22% | 4.92% | 1.35% | 0.00% | 0.30% | 2.05% | 1.66% | 0.68% | 0.07% | 0.00% | 0.00% | 0.00% |
TLT iShares 20+ Year Treasury Bond ETF | 3.66% | 3.38% | 2.67% | 1.50% | 1.50% | 2.27% | 2.63% | 2.43% | 2.60% | 2.61% | 2.67% | 3.26% |
LQD iShares iBoxx $ Investment Grade Corporate Bond ETF | 4.17% | 3.99% | 3.30% | 2.30% | 2.66% | 3.29% | 3.67% | 3.10% | 3.34% | 3.47% | 3.39% | 3.83% |
EMB iShares J.P. Morgan USD Emerging Markets Bond ETF | 4.70% | 4.74% | 5.04% | 3.89% | 3.88% | 4.51% | 5.64% | 4.54% | 4.83% | 4.84% | 4.56% | 4.75% |
TIP iShares TIPS Bond ETF | 2.72% | 2.73% | 6.96% | 4.28% | 1.17% | 1.75% | 2.71% | 2.07% | 1.48% | 0.34% | 1.67% | 1.15% |
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 Lazy September. 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 Lazy September was 15.20%, occurring on Oct 20, 2022. Recovery took 475 trading sessions.
The current Lazy September drawdown is 0.06%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -15.2% | Mar 9, 2022 | 157 | Oct 20, 2022 | 475 | Sep 12, 2024 | 632 |
| -12.26% | Mar 9, 2020 | 8 | Mar 18, 2020 | 73 | Jul 1, 2020 | 81 |
| -8.39% | Sep 2, 2014 | 348 | Jan 19, 2016 | 98 | Jun 8, 2016 | 446 |
| -5.97% | Jul 11, 2016 | 112 | Dec 15, 2016 | 180 | Sep 5, 2017 | 292 |
| -4.68% | Jun 7, 2013 | 20 | Jul 5, 2013 | 193 | Apr 10, 2014 | 213 |
Volatility
Volatility Chart
The current Lazy September volatility is 1.47%, 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
| BIL | DBC | GLD | EMB | BNDX | TIP | TLT | LQD | BND | |
|---|---|---|---|---|---|---|---|---|---|
| BIL | 1.00 | -0.01 | 0.03 | 0.03 | 0.01 | 0.00 | 0.01 | 0.02 | 0.03 |
| DBC | -0.01 | 1.00 | 0.24 | 0.23 | -0.08 | 0.09 | -0.15 | 0.01 | -0.07 |
| GLD | 0.03 | 0.24 | 1.00 | 0.26 | 0.27 | 0.41 | 0.32 | 0.35 | 0.38 |
| EMB | 0.03 | 0.23 | 0.26 | 1.00 | 0.40 | 0.44 | 0.35 | 0.59 | 0.50 |
| BNDX | 0.01 | -0.08 | 0.27 | 0.40 | 1.00 | 0.58 | 0.69 | 0.67 | 0.73 |
| TIP | 0.00 | 0.09 | 0.41 | 0.44 | 0.58 | 1.00 | 0.75 | 0.73 | 0.79 |
| TLT | 0.01 | -0.15 | 0.32 | 0.35 | 0.69 | 0.75 | 1.00 | 0.80 | 0.89 |
| LQD | 0.02 | 0.01 | 0.35 | 0.59 | 0.67 | 0.73 | 0.80 | 1.00 | 0.89 |
| BND | 0.03 | -0.07 | 0.38 | 0.50 | 0.73 | 0.79 | 0.89 | 0.89 | 1.00 |