Free portfolio backtest · 20+ years of data

Larry Portfolio portfolio backtest

Conservativeby Larry Swedroe

See how $10,000 in the Larry Portfolio portfolio would have grown — real, dividend-adjusted history, rebalanced yearly. No signup.

Larry Swedroe's approach: a small slice of high-expected-return small-cap value paired with a large, safe bond allocation.

Allocation (locked)
  • VBR · Vanguard Small-Cap Value ETF15%
  • DLS · WisdomTree International SmallCap Dividend Fund8%
  • VWO · Vanguard FTSE Emerging Markets ETF8%
  • IEF · iShares 7-10 Year Treasury Bond ETF70%

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Defaults to the last 10 years. Clean, fee-free backtest with annual rebalancing.

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About the Larry Portfolio strategy

The Larry Portfolio, associated with Larry Swedroe, takes an unusual approach: hold a small slice of high-expected-return stocks — mainly small-cap value — alongside a large allocation to safe bonds. The idea is that a little exposure to the most rewarding equities, paired with a big safe core, can deliver competitive returns with less overall risk.

This backtest uses roughly 30% in small-cap value stocks (VBR, DLS, VWO) and 70% in intermediate Treasuries (IEF), rebalanced annually. The large bond position keeps volatility low, while the equity sleeve does the heavy lifting on returns.

It appeals to investors who want lower drawdowns than a conventional stock-heavy portfolio while still targeting solid long-term returns.

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Frequently asked questions

An allocation associated with Larry Swedroe that pairs a small position in high-return small-cap value stocks with a large safe-bond core.

For educational and informational purposes only. Backtests use split- and dividend-adjusted historical prices with annual rebalancing and no fees, taxes, or slippage; real-world results differ. Past performance is not indicative of future results. Awalyt does not provide investment advice.