Roger Gibson Talmud Portfolio
Talmud Portfolio is a three-fund portfolio of stocks, REITs, and bonds. It was created in 1989 by Roger Gibson, a financial advisor and author of Asset Allocation: Balancing Financial Risk.
Asset Allocation
| Position | Category/Sector | Weight |
|---|---|---|
BND Vanguard Total Bond Market ETF | Total Bond Market | 33.34% |
VTI Vanguard Total Stock Market ETF | Large Cap Growth Equities | 33.33% |
VNQ Vanguard Real Estate ETF | REIT | 33.33% |
Performance
The chart shows the growth of $10,000 invested in Roger Gibson Talmud Portfolio in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $25,733 for a total return of roughly 157.33%. All prices are adjusted for splits and dividends. The portfolio is rebalanced Quarterly
Returns
As of Apr 1, 2023, the Roger Gibson Talmud Portfolio returned 4.06% Year-To-Date and 6.56% of annualized return in the last 10 years.
| 1 month | Year-To-Date | 6 months | 1 year | 5 years (annualized) | 10 years (annualized) | |
|---|---|---|---|---|---|---|
| Benchmark | 3.51% | 7.03% | 12.88% | -10.71% | 9.25% | 10.16% |
| Roger Gibson Talmud Portfolio | 1.08% | 4.06% | 8.39% | -11.96% | 6.15% | 6.56% |
| Portfolio components: | ||||||
VNQ Vanguard Real Estate ETF | -2.16% | 1.69% | 7.29% | -21.13% | 5.81% | 5.76% |
VTI Vanguard Total Stock Market ETF | 2.71% | 7.18% | 13.17% | -10.19% | 10.36% | 11.75% |
BND Vanguard Total Bond Market ETF | 2.68% | 3.25% | 4.69% | -4.65% | 0.87% | 1.29% |
| Returns over 1 year are annualized | ||||||
Dividends
Roger Gibson Talmud Portfolio granted a 3.25% dividend yield in the last twelve months.
| Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dividend yield | 3.25% | 2.74% | 1.98% | 2.68% | 2.86% | 3.60% | 3.30% | 3.73% | 3.51% | 3.48% | 3.93% | 4.04% |
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 Talmud 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 Talmud Portfolio is 44.88%, recorded on Mar 6, 2009. It took 402 trading sessions for the portfolio to recover.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -44.88% | Oct 8, 2007 | 356 | Mar 6, 2009 | 402 | Oct 8, 2010 | 758 |
| -26.6% | Feb 21, 2020 | 22 | Mar 23, 2020 | 163 | Nov 11, 2020 | 185 |
| -24.61% | Dec 31, 2021 | 199 | Oct 14, 2022 | — | — | — |
| -13.3% | Jul 25, 2011 | 50 | Oct 3, 2011 | 76 | Jan 23, 2012 | 126 |
| -10.53% | Aug 30, 2018 | 80 | Dec 24, 2018 | 34 | Feb 13, 2019 | 114 |
| -9.05% | Mar 23, 2015 | 109 | Aug 25, 2015 | 148 | Mar 29, 2016 | 257 |
| -8.98% | Jun 5, 2007 | 51 | Aug 15, 2007 | 35 | Oct 4, 2007 | 86 |
| -8.37% | May 22, 2013 | 23 | Jun 24, 2013 | 160 | Feb 11, 2014 | 183 |
| -6.76% | Jan 29, 2018 | 9 | Feb 8, 2018 | 101 | Jul 5, 2018 | 110 |
| -6.64% | Aug 1, 2016 | 68 | Nov 3, 2016 | 73 | Feb 21, 2017 | 141 |
Volatility Chart
Current Roger Gibson Talmud Portfolio volatility is 8.57%. 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.