PortfoliosLab logo

Warren Buffett's 90/10 Portfolio

Last updated Nov 30, 2022

This portfolio follows the guidelines that Warren Buffett has written in his will for his wife's trust in the 2013 letter to Berkshire Hathaway shareholders. They state that the trustee should invest 90% in a low-cost S&P 500 index fund, with the remaining 10% invested in a short-term government bonds fund. The basic strategy is to own a major slice of all American businesses that are bound to grow in total. Buffett believes this portfolio is "superior to those attained by most investors - whether pension funds, institutions or individuals."

Expense Ratio

Rank 16 of 54

Dividend Yield

Rank 41 of 54

10Y Annualized Return

Rank 13 of 54

Sharpe Ratio

Rank 10 of 54

Maximum Drawdown

Rank 40 of 54


Warren Buffett's 90/10 PortfolioAsset Allocation

BSV 10%VOO 90%BondBondEquityEquity

Warren Buffett's 90/10 PortfolioPerformance

The chart shows the growth of $10,000 invested in Warren Buffett's 90/10 Portfolio in Sep 2010 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $40,184 for a total return of roughly 301.84%. All prices are adjusted for splits and dividends. The portfolio is rebalanced Quarterly

Warren Buffett's 90/10 Portfolio
Benchmark (^GSPC)
Portfolio components

Warren Buffett's 90/10 PortfolioReturns

As of Nov 30, 2022, the Warren Buffett's 90/10 Portfolio returned -15.55% Year-To-Date and 12.36% of annualized return in the last 10 years.

Warren Buffett's 90/10 Portfolio1.58%-3.77%-14.71%-11.79%9.66%11.85%
Vanguard Short-Term Bond ETF
Vanguard S&P 500 ETF

Warren Buffett's 90/10 PortfolioSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Warren Buffett's 90/10 Portfolio Sharpe ratio is -0.58. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.

Warren Buffett's 90/10 Portfolio
Benchmark (^GSPC)
Portfolio components

Warren Buffett's 90/10 PortfolioDividends

Warren Buffett's 90/10 Portfolio granted a 1.61% dividend yield in the last twelve months.


Dividend yield


Warren Buffett's 90/10 PortfolioDrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.

Warren Buffett's 90/10 Portfolio
Benchmark (^GSPC)
Portfolio components

Warren Buffett's 90/10 PortfolioWorst Drawdowns

The table below shows the maximum drawdowns of the Warren Buffett's 90/10 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 Warren Buffett's 90/10 Portfolio is 30.73%, recorded on Mar 23, 2020. It took 95 trading sessions for the portfolio to recover.



To Bottom


To Recover



-30.73%Feb 20, 202023Mar 23, 202095Aug 6, 2020118
-22.78%Jan 4, 2022195Oct 12, 2022
-17.42%Sep 21, 201865Dec 24, 201870Apr 5, 2019135
-16.84%May 2, 2011108Oct 3, 201185Feb 3, 2012193
-11.52%Jul 21, 2015143Feb 11, 201645Apr 18, 2016188
-9.15%Jan 29, 20189Feb 8, 2018115Jul 25, 2018124
-8.65%Apr 3, 201243Jun 4, 201251Aug 15, 201294
-8.64%Sep 3, 202014Sep 23, 202035Nov 11, 202049
-6.65%Sep 17, 201242Nov 15, 201231Jan 2, 201373
-6.49%Sep 19, 201420Oct 16, 201411Oct 31, 201431

Warren Buffett's 90/10 PortfolioVolatility Chart

Current Warren Buffett's 90/10 Portfolio volatility is 1.81%. 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.

Warren Buffett's 90/10 Portfolio
Benchmark (^GSPC)
Portfolio components