Famous Portfolios - Backtested

Backtest legendary lazy portfolios against decades of real market data. Click any portfolio to load it into the backtester and tweak it.

60/40 Portfolio

The classic balanced portfolio - 60% US stocks, 40% bonds. Backtested with estimated history to 1953.

SP500X 60%AGGX 40%

Bogleheads Three-Fund Portfolio

Total US market, international, and total bond market - the Boglehead favorite, estimated back to 1990.

USTOTX 60%INTLX 30%AGGX 10%

Ray Dalio All Weather Portfolio

Bridgewater's risk-balanced mix designed to weather any economic environment.

USTOTX 30%UST20X 40%IEFX 15%GOLDX 7.5%DBC 7.5%

Golden Butterfly Portfolio

A balanced 5-way split across stocks, small-cap, long & short bonds, and gold - estimated to 1976.

USTOTX 20%SMALLX 20%UST20X 20%SHYX 20%GOLDX 20%

Harry Browne Permanent Portfolio

Equal 25% stocks, long bonds, cash, and gold - built to be permanent in any market. Estimated to 1976.

SP500X 25%UST20X 25%SHYX 25%GOLDX 25%

100% S&P 500

All-in on the S&P 500 - backtested with estimated history all the way to 1871.

SP500X 100%

Warren Buffett 90/10 Portfolio

Buffett's advice for his own estate - 90% in a low-cost S&P 500 fund, 10% in short-term Treasuries.

SP500X 90%SHYX 10%

100% Nasdaq-100 (QQQ)

All-in on the 100 largest non-financial Nasdaq companies - the high-growth, tech-heavy bet.

QQQ 100%

Total World Portfolio

One-fund global stock market - US, developed, and emerging markets at world cap weights.

USTOTX 60%INTLX 30%EMKTX 10%

David Swensen Yale Endowment Portfolio

The Yale CIO's six-fund model for individuals - equity-heavy with REITs, Treasuries, and TIPS.

USTOTX 30%REITX 20%INTLX 15%EMKTX 5%IEFX 15%TIP 15%

Rick Ferri Core Four Portfolio

A simple four-fund 80/20 core - total US and international stock, a REIT slice, and total bond.

USTOTX 48%INTLX 24%REITX 8%AGGX 20%

Paul Merriman Ultimate Buy & Hold

Merriman's globally diversified 60/40 with deep value and small-cap tilts across ten equity classes.

SP500X 6%VTV 6%SMALLX 6%VBR 6%REITX 6%INTLX 24%EMKTX 6%IEFX 20%SHYX 12%TIP 8%

Bill Schultheis Coffeehouse Portfolio

A 60/40 with six equal 10% equity slices tilted to value and small caps, plus 40% bonds.

SP500X 10%VTV 10%SMALLX 10%VBR 10%INTLX 10%REITX 10%AGGX 40%

William Bernstein No-Brainer Portfolio

Bernstein's four equal quarters - US large, US small, international, and bonds.

SP500X 25%SMALLX 25%INTLX 25%AGGX 25%

Scott Burns Couch Potato Portfolio

The original two-fund lazy portfolio - a dead-simple 50/50 split of total stock and total bond.

USTOTX 50%AGGX 50%

Mebane Faber Ivy Portfolio

Faber's endowment-style five-way equal split across stocks, foreign stocks, bonds, real estate, and commodities.

USTOTX 20%INTLX 20%IEFX 20%REITX 20%DBC 20%

7Twelve Portfolio

Craig Israelsen's equal-weight spread across seven asset classes for broad multi-asset diversification.

SP500X 8.34%USTOTX 8.34%SMALLX 8.34%INTLX 8.34%EMKTX 8.33%REITX 8.33%DBC 16.66%AGGX 16.66%TIP 8.33%SHYX 8.33%

Ginger Ale Portfolio

A small-cap-value-tilted global 90/10 portfolio with a long-Treasury sleeve for ballast.

SP500X 22.5%VBR 22.5%INTLX 22.5%EMKTX 22.5%UST20X 10%

Larry Swedroe Portfolio

The high-tilt, low-equity 30/70 - concentrated small-cap value paired with safe Treasuries.

VBR 15%INTLX 7.5%EMKTX 7.5%IEFX 70%

Sandwich Portfolio

A layered global allocation with a heavy US-large core, small/foreign tilts, and a Treasury-bond base.

SP500X 20%SMALLX 8%INTLX 16%EMKTX 6%IEFX 30%SHYX 4%AGGX 11%REITX 5%

Pinwheel Portfolio

Four balanced 'blades' of stocks, bonds, real assets, and cash spinning around a gold-and-REIT core.

SP500X 15%VBR 10%INTLX 15%EMKTX 10%IEFX 15%SHYX 10%REITX 15%GOLDX 10%

Bill Gates Portfolio

Bill Gates's foundation trust holds just a handful of stocks - its six biggest (per SEC 13F): Berkshire Hathaway, Waste Management, Canadian National Railway, Caterpillar, Deere, and Ecolab.

BRK.B 29.5%WM 22.9%CNI 19.2%CAT 16.2%DE 7.2%ECL 5%

Warren Buffett (Berkshire Hathaway)

The world's most-watched buy-and-hold portfolio - Buffett's Berkshire, anchored by decades-long stakes in Apple, American Express and Coca-Cola.

AAPL 29.84%AXP 23.65%KO 15.69%BAC 12.92%CVX 9.01%OXY 8.89%

Bill Ackman (Pershing Square)

A hyper-concentrated ~10-stock activist book of high-quality compounders Ackman holds for years.

BN 19.74%AMZN 19.48%UBER 17.6%MSFT 17.09%QSR 13.66%META 12.43%

Li Lu (Himalaya Capital)

Charlie Munger's hand-picked manager - an ultra-concentrated value book dominated by a single huge Alphabet position.

GOOGL 57.93%BRK.B 17.37%EWBC 11.97%BAC 5.91%OXY 3.85%CROX 2.97%

Dev Kantesaria (Valley Forge Capital)

A 7-stock 'compounder' portfolio of capital-light monopolies - FICO, S&P Global, Mastercard and Moody's.

FICO 26.08%SPGI 23.74%MA 23.6%MCO 18.24%V 5.75%INTU 2.59%

Chris Hohn (TCI)

A 9-stock activist mega-fund concentrated in GE Aerospace, Visa and the ratings duopoly (Moody's, S&P Global).

GE 32.24%V 22.02%MCO 14.95%SPGI 14.28%CP 8.75%GOOGL 7.76%

Chuck Akre (Akre Capital)

The 'three-legged stool' quality-compounder book - Mastercard, Visa, Moody's - now run by Akre's successors.

MA 28.97%BN 17.51%KKR 15.8%MCO 13.82%V 12.59%ROP 11.31%

Terry Smith (Fundsmith)

'Buy good companies, don't overpay, do nothing' - the US-listed sleeve of Fundsmith's quality-compounder book.

MAR 19.34%SYK 17.65%WAT 16.79%V 16.46%GOOGL 14.93%PM 14.83%

Mohnish Pabrai (Dalal Street)

Pabrai's tiny US 13F sleeve - a hyper-concentrated deep-value bet, currently all metallurgical coal and offshore drilling.

HCC 39.89%RIG 31.97%AMR 28.14%

Thomas Russo (Gardner Russo)

Low-turnover 'capacity to suffer' investing in global consumer franchises - the US-listed core.

BRK.B 31.36%GOOG 19.06%MA 15.42%PM 15.1%NFLX 10.7%MLM 8.36%