Greetings, Michael. Please explain to me how a 60/40 portfolio (60% equity, 40% bonds, I presume) returned 124% from Aug. 2015 - Feb. 2024. When I backtest that allocation, the CAGR is approximately 8%. Your table shows an annual return of 24.1%.
Hello Eric. Thank you for catching this. The annual return was calculated based on annualized average daily return in error. We've updated the data table showing compound annual growth rates.
Greetings, Michael. Please explain to me how a 60/40 portfolio (60% equity, 40% bonds, I presume) returned 124% from Aug. 2015 - Feb. 2024. When I backtest that allocation, the CAGR is approximately 8%. Your table shows an annual return of 24.1%.
Hello Eric. Thank you for catching this. The annual return was calculated based on annualized average daily return in error. We've updated the data table showing compound annual growth rates.