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Ray Dalio All Weather Portfolio

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

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US Total Market Backfill (estimated to 1926)1926-07-31 → 2026-06-30Estimated from 1926 to VTI's 2001 inception using the US total-market return (Ken French Data Library), minus the fund's expense ratio, then chain-linked to the real VTI fund. The dashed part of the chart is estimated - an index proxy, not the fund's real record.
%
backfill estimated before VTI's 2001 inception, from the US total-market return (Ken French Data Library).
Long-Term Treasury Backfill (20+yr, estimated to 1953)1953-05-31 → 2026-06-30Estimated from 1953 to TLT's 2002 inception using the 20-year Treasury yield (FRED), modeled as a constant-maturity bond, minus the fund's expense ratio, then chain-linked to the real TLT fund. The dashed part of the chart is estimated - an index proxy, not the fund's real record.
%
backfill estimated before TLT's 2002 inception, from the 20-year Treasury yield (FRED), modeled as a constant-maturity bond.
Intermediate Treasury Backfill (7-10yr, estimated to 1953)1953-05-31 → 2026-06-30Estimated from 1953 to IEF's 2002 inception using the 10-year Treasury yield (FRED), modeled as a constant-maturity bond, minus the fund's expense ratio, then chain-linked to the real IEF fund. The dashed part of the chart is estimated - an index proxy, not the fund's real record.
%
backfill estimated before IEF's 2002 inception, from the 10-year Treasury yield (FRED), modeled as a constant-maturity bond.
Gold Backfill (estimated to 1968)1968-01-31 → 2026-06-30Estimated from 1968 to GLD's 2004 inception using the gold spot price (World Bank); gold was a fixed official price before the 1968 free market, minus the fund's expense ratio, then chain-linked to the real GLD fund. The dashed part of the chart is estimated - an index proxy, not the fund's real record.
%
backfill estimated before GLD's 2004 inception, from the gold spot price (World Bank); gold was a fixed official price before the 1968 free market.
Invesco DB Commodity Index Tracking Fund2006-03-31 → 2026-06-30click to change
%
Total 100%
Data window Ray Dalio All Weather Portfolio: 2006-03-31 → 2026-06-30 · start: DBC
Dashed = estimated before the fund existed (reconstructed from its tracked index): GOLDX from 1968-01-31 · IEFX from 1953-05-31 · UST20X from 1953-05-31 · USTOTX from 1926-07-31

Portfolio growth

Ray Dalio All Weather Portfolio
CAGR6.69%
Max Drawdown-22.76%
Volatility8.33%
Sharpe0.63
Final balance$37,321
Total return273.21%

Drawdown

Annual returns

Ray Dalio All Weather Portfolio
Total Return273.21%
Sortino0.82
Best Year17.89%
Worst Year-20.02%
Positive Months63.93%
Annualized Return (mean)6.84%

Correlation

DBCGOLDXIEFXUST20XUSTOTX
DBC1.000.31-0.27-0.320.45
GOLDX0.311.000.330.240.08
IEFX-0.270.331.000.92-0.08
UST20X-0.320.240.921.00-0.09
USTOTX0.450.08-0.08-0.091.00