Portfolios›All Weather Portfolio

All Weather Portfolio

Conservative

by Ray Dalio / Bridgewater

Designed by Ray Dalio to perform in any economic environment — growth, recession, inflation, or deflation. Heavy use of bonds and commodities reduces equity dependence while targeting consistent real returns.

MAX DRAWDOWN

-22%

historical worst

RECOVERY

14 mo

from max drawdown

AVG CRISIS RETURN

-8%

across 7 events

Holdings Allocation

5 assets
TLTLong-Term Treasuries (TLT)
40%
VTIUS Stocks (VTI)
30%
IEFIntermediate Treasuries (IEF)
15%
GLDGold (GLD)
8%
DBCCommodities (DBC)
8%

Crisis Performance History

7 historical scenarios
Rate Hike Cycle 2022
-22%
2008 Global Financial Crisis
-12%
Black Monday 1987
-6%
Dot-com Bust
-5%
COVID-19 Crash
-4%
Bond Massacre 1994
-4%
EU Debt Crisis 2011
-4%

Returns = weighted portfolio peak-to-trough drawdown during each crisis period based on constituent ETF data.

PORTFOLIO STRESS TEST

Customize this portfolio

Adjust the All Weather Portfolio weights, add your own holdings, and stress test against 18+ crisis scenarios — including hypothetical tail-risk events like China-Taiwan invasion and SWIFT cyber attack.

Run Portfolio Stress Test →

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Historical data is educational only. Not financial advice. Past crisis returns do not predict future performance.