Global Market Portfolio

Portfolio Specification

Assets

ISHARES MSCI ACWI ETF (ACWI)	38.00%
SPDR Dow Jones Global Real Estate ETF (RWO)	7.00%
iShares 3-7 Year Treasury Bond ETF (IEI)	7.50%
iShares 7-10 Year Treasury Bond ETF (IEF)	7.50%
iShares International Treasury Bond ETF (IGOV)	14.00%
iShares iBoxx USD Investment Grade Corporate Bond ETF (LQD)	10.00%
Vanguard Total International Bond ETF (BNDX)	10.00%
iShares J.P. Morgan USD Emerging Markets Bond ETF (EMB)	3.00%
iShares TIPS Bond ETF (TIP)	3.00%

Policy

Rebalancing Interval	Annually
Weights Algorithm	Constant Weights

Benchmark

Simple 60/40

This portfolio is listed on the Community Portfolios page.

Portfolio Description

Inspired by an episode of The Meb Faber Show podcast where the host breaks down the allocation to major asset classes to match the market capitalization weight of the world’s assets.

Policy Report

Backtest Report

From 2013-06-05 to 2025-10-28 (12y 4m 23d)

Returns (annualized)

Portfolio	5.40%
Benchmark	7.49%

Risk (annualized)

Portfolio	8.17%
Benchmark	10.16%

Sharpe (annualized)

Portfolio	0.48
Benchmark	0.60

Excess Return (annualized)

-2.09%

Tracking Error (annualized)

3.05%

Information Ratio

-0.69

Statistic	Portfolio	Benchmark
Downside Volatility	8.73%	10.85%
Sortino Ratio	0.45	0.56
Calmar Ratio	0.17	0.27
Ulcer Index	15.28	15.34
Max Drawdown	23.39%	22.16%
VaR (99% Confidence)	$-1,901	$-2,364
VaR (99.9% Confidence)	$-2,525	$-3,140
Beta to Benchmark	0.78	N/A

Value at Risk (VaR) is calculated off a $10,000 portfolio value.

Growth Charts

Historical Weights

Return Distribution

Excess Kurtosis

11.73

Skew

-0.74

Data Table

Factor Coefficients
Factor	Portfolio	Benchmark	Excess
Risk Free	-0.1528	-0.0946	-0.0582
Market Factor	0.4670	0.6025	-0.1355
Credit Factor	0.1361	0.0833	0.0528
Duration Factor	0.4699	0.3025	0.1674
Inflation Factor	0.0395	0.0207	0.0188

Adjusted R²

Portfolio	0.98
Benchmark	0.99

Intercept

Portfolio	-0.00
Benchmark	0.00