Miller - 3 funds with TIPS 25% split
Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
QQQ Invesco QQQ | Large Cap Blend Equities | 25% |
VTI Vanguard Total Stock Market ETF | Large Cap Growth Equities | 50% |
VTIP Vanguard Short-Term Inflation-Protected Securities ETF | Inflation-Protected Bonds | 25% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Miller - 3 funds with TIPS 25% split, 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 every 3 months.
The earliest data available for this chart is Oct 16, 2012, corresponding to the inception date of VTIP
Returns By Period
As of Apr 21, 2025, the Miller - 3 funds with TIPS 25% split returned -7.74% Year-To-Date and 10.41% of annualized return in the last 10 years.
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | -10.18% | -6.79% | -9.92% | 6.35% | 14.12% | 9.63% |
| Miller - 3 funds with TIPS 25% split | -10.65% | -6.62% | -9.00% | 7.30% | 15.11% | 11.68% |
| Portfolio components: | ||||||
QQQ Invesco QQQ | -13.00% | -7.50% | -9.91% | 7.76% | 17.54% | 16.03% |
VTIP Vanguard Short-Term Inflation-Protected Securities ETF | 3.18% | 0.68% | 3.22% | 7.26% | 4.12% | 2.80% |
VTI Vanguard Total Stock Market ETF | -10.40% | -6.88% | -9.83% | 6.93% | 15.43% | 10.87% |
Monthly Returns
The table below presents the monthly returns of Miller - 3 funds with TIPS 25% split, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 2.52% | -2.05% | -6.15% | -5.19% | -10.65% | ||||||||
| 2024 | 1.37% | 4.87% | 2.21% | -4.06% | 5.07% | 4.35% | 0.27% | 1.58% | 2.21% | -0.78% | 5.70% | -1.36% | 23.10% |
| 2023 | 7.70% | -1.44% | 5.25% | 0.76% | 3.30% | 5.95% | 3.49% | -1.58% | -4.55% | -2.15% | 9.28% | 5.12% | 34.65% |
| 2022 | -6.77% | -3.01% | 3.48% | -10.21% | -0.70% | -7.88% | 9.84% | -4.08% | -9.15% | 5.83% | 4.86% | -6.55% | -23.71% |
| 2021 | -0.02% | 1.52% | 2.58% | 5.02% | -0.19% | 3.78% | 2.16% | 3.18% | -4.62% | 6.67% | 0.10% | 2.41% | 24.54% |
| 2020 | 1.09% | -6.36% | -10.06% | 12.30% | 5.32% | 3.66% | 5.84% | 8.03% | -4.08% | -2.22% | 10.41% | 4.42% | 29.05% |
| 2019 | 7.62% | 2.90% | 2.19% | 4.03% | -6.22% | 6.42% | 1.56% | -1.71% | 1.24% | 2.67% | 3.44% | 2.97% | 29.84% |
| 2018 | 5.62% | -2.47% | -2.34% | 0.40% | 3.38% | 0.79% | 2.69% | 3.86% | -0.02% | -6.98% | 0.99% | -7.81% | -2.81% |
| 2017 | 2.60% | 3.32% | 0.67% | 1.41% | 1.76% | -0.30% | 2.33% | 0.78% | 1.19% | 2.66% | 2.25% | 0.85% | 21.31% |
| 2016 | -5.05% | -0.45% | 5.95% | -0.62% | 2.18% | -0.36% | 4.18% | 0.35% | 0.90% | -1.60% | 2.41% | 1.46% | 9.31% |
| 2015 | -1.89% | 5.08% | -1.37% | 1.00% | 1.33% | -1.65% | 2.20% | -5.34% | -2.20% | 7.48% | 0.47% | -1.60% | 2.91% |
| 2014 | -2.17% | 4.01% | -0.55% | 0.06% | 2.45% | 2.30% | -0.82% | 3.57% | -1.54% | 2.22% | 2.58% | -0.91% | 11.52% |
Expense Ratio
Miller - 3 funds with TIPS 25% split has an expense ratio of 0.08%, which is considered low. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of Miller - 3 funds with TIPS 25% split is 39, indicating average performance compared to other portfolios on our website. Here’s a breakdown of how it compares using common performance measures.
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 | |
|---|---|---|---|---|---|
QQQ Invesco QQQ | 0.15 | 0.38 | 1.05 | 0.16 | 0.58 |
VTIP Vanguard Short-Term Inflation-Protected Securities ETF | 3.91 | 6.42 | 1.91 | 7.51 | 26.27 |
VTI Vanguard Total Stock Market ETF | 0.27 | 0.52 | 1.08 | 0.27 | 1.20 |
Dividends
Dividend yield
Miller - 3 funds with TIPS 25% split provided a 1.58% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 1.58% | 1.45% | 1.71% | 2.74% | 1.88% | 1.15% | 1.56% | 1.86% | 1.44% | 1.42% | 1.24% | 1.44% |
| Portfolio components: | ||||||||||||
QQQ Invesco QQQ | 0.67% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
VTIP Vanguard Short-Term Inflation-Protected Securities ETF | 2.77% | 2.70% | 3.36% | 6.84% | 4.68% | 1.20% | 1.95% | 2.45% | 1.52% | 0.76% | 0.00% | 0.82% |
VTI Vanguard Total Stock Market ETF | 1.45% | 1.27% | 1.44% | 1.67% | 1.21% | 1.42% | 1.78% | 2.04% | 1.71% | 1.92% | 1.98% | 1.76% |
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 Miller - 3 funds with TIPS 25% split. 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 Miller - 3 funds with TIPS 25% split was 28.94%, occurring on Mar 23, 2020. Recovery took 72 trading sessions.
The current Miller - 3 funds with TIPS 25% split drawdown is 11.30%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -28.94% | Feb 20, 2020 | 23 | Mar 23, 2020 | 72 | Jul 6, 2020 | 95 |
| -27.73% | Dec 28, 2021 | 202 | Oct 14, 2022 | 292 | Dec 13, 2023 | 494 |
| -19.49% | Feb 20, 2025 | 34 | Apr 8, 2025 | — | — | — |
| -18.47% | Aug 30, 2018 | 80 | Dec 24, 2018 | 75 | Apr 12, 2019 | 155 |
| -12.46% | Jul 21, 2015 | 143 | Feb 11, 2016 | 102 | Jul 8, 2016 | 245 |
Volatility
Volatility Chart
The current Miller - 3 funds with TIPS 25% split volatility is 13.95%, 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
| VTIP | QQQ | VTI | |
|---|---|---|---|
| VTIP | 1.00 | 0.05 | 0.08 |
| QQQ | 0.05 | 1.00 | 0.89 |
| VTI | 0.08 | 0.89 | 1.00 |