Roger Gibson Five Asset Portfolio
This is a lazy portfolio introduced by Roger Gibson, a chief investment officer of Gibson Capital, in his famous book Asset Allocation: Balancing Financial Risks. The portfolio follows a simple yet diversified asset allocation strategy. It consists of five equally weighted asset classes: US stocks, international stocks, real estate, commodity, and bonds. Bonds are further divided into 70% US and 30% international.
Asset Allocation
Performance
The chart shows the growth of $10,000 invested in Roger Gibson Five Asset Portfolio in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $15,903 for a total return of roughly 59.03%. All prices are adjusted for splits and dividends. The portfolio is rebalanced Quarterly
Returns
As of Mar 25, 2023, the Roger Gibson Five Asset Portfolio returned 0.07% Year-To-Date and 4.82% of annualized return in the last 10 years.
| 1 month | Year-To-Date | 6 months | 1 year | 5 years (annualized) | 10 years (annualized) | |
|---|---|---|---|---|---|---|
| Benchmark | 0.19% | 3.59% | 7.70% | -12.45% | 8.78% | 9.52% |
| Roger Gibson Five Asset Portfolio | -1.31% | 0.38% | 4.47% | -11.84% | 5.77% | 4.85% |
| Portfolio components: | ||||||
VXUS Vanguard Total International Stock ETF | 0.27% | 4.05% | 16.67% | -7.43% | 2.21% | 4.14% |
BNDX Vanguard Total International Bond ETF | 2.21% | 3.34% | 2.79% | -4.93% | 0.30% | 1.87% |
VTI Vanguard Total Stock Market ETF | -0.63% | 3.68% | 8.10% | -11.95% | 9.89% | 11.11% |
VNQ Vanguard Real Estate ETF | -7.26% | -3.63% | -3.39% | -22.81% | 5.18% | 5.38% |
BND Vanguard Total Bond Market ETF | 2.28% | 2.65% | 3.36% | -4.29% | 0.80% | 1.37% |
DBC Invesco DB Commodity Index Tracking Fund | -1.18% | -5.11% | -2.00% | -13.36% | 7.47% | -0.83% |
| Returns over 1 year are annualized | ||||||
Dividends
Roger Gibson Five Asset Portfolio granted a 2.71% dividend yield in the last twelve months.
| Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dividend yield | 2.71% | 2.32% | 1.94% | 1.99% | 2.75% | 3.16% | 2.59% | 2.89% | 2.74% | 2.86% | 2.91% | 2.96% |
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 Roger Gibson Five Asset 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 Roger Gibson Five Asset Portfolio is 27.82%, recorded on Mar 23, 2020. It took 166 trading sessions for the portfolio to recover.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -27.82% | Jan 21, 2020 | 44 | Mar 23, 2020 | 166 | Nov 16, 2020 | 210 |
| -18.31% | Apr 5, 2022 | 134 | Oct 14, 2022 | — | — | — |
| -17.45% | Jul 2, 2014 | 407 | Feb 11, 2016 | 251 | Feb 9, 2017 | 658 |
| -12.62% | Aug 30, 2018 | 80 | Dec 24, 2018 | 59 | Mar 21, 2019 | 139 |
| -7.04% | Jan 29, 2018 | 9 | Feb 8, 2018 | 138 | Aug 27, 2018 | 147 |
| -5.23% | Nov 10, 2021 | 15 | Dec 1, 2021 | 17 | Dec 27, 2021 | 32 |
| -4.78% | Jun 19, 2013 | 4 | Jun 24, 2013 | 12 | Jul 11, 2013 | 16 |
| -4.68% | Jan 5, 2022 | 16 | Jan 27, 2022 | 37 | Mar 22, 2022 | 53 |
| -3.86% | Jul 11, 2019 | 18 | Aug 5, 2019 | 29 | Sep 16, 2019 | 47 |
| -3.5% | Apr 15, 2019 | 33 | May 31, 2019 | 13 | Jun 19, 2019 | 46 |
Volatility Chart
Current Roger Gibson Five Asset Portfolio volatility is 11.15%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.