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Bogleheads Three-Fund Portfolio

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

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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).
Developed ex-US Backfill (estimated to 1990)1990-07-31 → 2026-06-30Estimated from 1990 to EFA's 2005 inception using developed ex-US market returns (Ken French), minus the fund's expense ratio, then chain-linked to the real EFA fund. The dashed part of the chart is estimated - an index proxy, not the fund's real record.
%
backfill estimated before EFA's 2005 inception, from developed ex-US market returns (Ken French).
US Total Bond Backfill (Treasury proxy, estimated to 1953)1953-05-31 → 2026-06-30Estimated from 1953 to BND's 2007 inception using the 5-year Treasury yield (FRED) - a Treasury proxy that excludes credit spread, minus the fund's expense ratio, then chain-linked to the real BND fund. The dashed part of the chart is estimated - an index proxy, not the fund's real record.
%
backfill estimated before BND's 2007 inception, from the 5-year Treasury yield (FRED) - a Treasury proxy that excludes credit spread.
Total 100%
Data window Bogleheads Three-Fund Portfolio: 1990-07-31 → 2026-06-30 · start: INTLX
Dashed = estimated before the fund existed (reconstructed from its tracked index): AGGX from 1953-05-31 · INTLX from 1990-07-31 · USTOTX from 1926-07-31

Portfolio growth

Bogleheads Three-Fund Portfolio
CAGR8.79%
Max Drawdown-48.70%
Volatility13.30%
Sharpe0.51
Final balance$207,289
Total return1972.89%

Drawdown

Annual returns

Bogleheads Three-Fund Portfolio
Total Return1972.89%
Sortino0.67
Best Year31.32%
Worst Year-34.71%
Positive Months65.51%
Annualized Return (mean)9.34%

Correlation

AGGXINTLXUSTOTX
AGGX1.000.200.16
INTLX0.201.000.77
USTOTX0.160.771.00