All Portfolios, ranked by Treynor

for period ending January 31, 2025

More ways to view this list of Portfolio Recipes:
Recipe Summary Page (Total Return with Maximum Drawdown Scatterplots)
by Return: Total Return (1, 3, 5, 10, 15, 20 years), Historical Return (past 5 years)
by Risk vs. Return: Risk vs. Return Compass, M-Squared, Alpha, Sharpe Ratio, Sortino Ratio, Treynor Ratio
by Volatility / Risk: Maximum Drawdown, Standard Deviation, Downside Deviation, Beta

The Treynor Ratio is a significant measure of risk-adjusted return used in portfolio management and financial analysis. Unlike the Sharpe Ratio, which evaluates total risk, the Treynor Ratio focuses solely on market risk, measured by beta.

Note: Access to the sortable list for all years (including 3-, 5-, 10-, 15-, and 20-year metrics) is only available to paid subscribers. Subscribe to view the complete version of this Recipe Summary page.

Use the table below to compare the performance of all the portfolios in this peer group. You may sort by any column by clicking on the column headings in the gray row.

        Treynor   Total Return, annualized
Recipe Name ID Peer Group Category 1 year 3 year 5 year 10 year 15 year 20 year   1 year 3 year 5 year 10 year 15 year 20 year
      Group average  
   
Strategic 50-50 s.5050 Strategic: DIY Balanced 19.2% * * * * *   13.7% * * * * *
Strategic 60-40 Portfolio s.6040 Strategic: DIY Balanced 20.5% * * * * *   16.1% * * * * *
7Twelve Israelson s.712 Strategic: DIY Balanced 16.3% * * * * *   10.8% * * * * *
Couch Potato: Scott Burns s.couc Strategic: DIY Balanced 20.5% * * * * *   14.0% * * * * *
Ben Graham 50-50 s.grah Strategic: DIY Balanced 14.5% * * * * *   9.2% * * * * *
Safe Haven Portfolio s.have Strategic: DIY Balanced 41.6% * * * * *   16.7% * * * * *
Six Ways from Sunday s.lazy Strategic: DIY Balanced 12.3% * * * * *   9.8% * * * * *
ETF Moderate s.mode Strategic: DIY Balanced 17.5% * * * * *   12.5% * * * * *
David Swensen inspired s.swen Strategic: DIY Balanced 13.1% * * * * *   11.8% * * * * *
Lazy: Ultimate Buy & Hold s.buyh Strategic: DIY Balanced 15.1% * * * * *   9.3% * * * * *
Lazy: Coffeehouse s.coff Strategic: DIY Balanced 14.1% * * * * *   11.1% * * * * *
Lazy: Margaritaville s.marg Strategic: DIY Balanced 21.8% * * * * *   13.9% * * * * *
Lazy: Smart Money s.smar Strategic: DIY Balanced 19.0% * * * * *   12.3% * * * * *
Strategic 70-30 Portfolio s.7030 Strategic: DIY High Equity 21.7% * * * * *   18.5% * * * * *
Strategic 80-20 Portfolio s.8020 Strategic: DIY High Equity 22.8% * * * * *   21.0% * * * * *
ETF Aggressive s.aggr Strategic: DIY High Equity 19.1% * * * * *   14.9% * * * * *
Ben Stein inspired s.bens Strategic: DIY High Equity 21.8% * * * * *   15.5% * * * * *
Low Volatility Portfolio s.lowv Strategic: DIY High Equity 28.6% * * * * *   9.8% * * * * *
Lazy: Aronson s.aron Strategic: DIY High Equity 16.6% * * * * *   13.3% * * * * *
Lazy: No Brainer s.nobr Strategic: DIY High Equity 18.0% * * * * *   15.0% * * * * *
Lazy: Second Grader s.seco Strategic: DIY High Equity 24.0% * * * * *   19.9% * * * * *
Lazy: Yale Unconventional s.yale Strategic: DIY High Equity 14.4% * * * * *   12.3% * * * * *
Harry Browne inspired s.brow Strategic: DIY Low Equity 31.0% * * * * *   14.6% * * * * *
Ray Dalio inspired s.dali Strategic: DIY Low Equity 19.1% * * * * *   8.9% * * * * *
Ivy Portfolio s.ivyp Strategic: DIY Low Equity 16.5% * * * * *   10.6% * * * * *
No Equity Portfolio s.noeq Strategic: DIY Low Equity 20.1% * * * * *   13.8% * * * * *
Permanent Plus s.plus Strategic: DIY Low Equity 34.9% * * * * *   20.4% * * * * *
Black Swan Hyperinflation s.swan Strategic: DIY Low Equity 95.9% * * * * *   14.6% * * * * *
Talmud Dividend Equities s.talm Strategic: DIY Low Equity 30.3% * * * * *   20.3% * * * * *
Worst Case Scenario s.wors Strategic: DIY Low Equity -333.7% * * * * *   7.2% * * * * *
Talmud with Blue Chip s.talc Strategic: DIY Low Equity 12.7% * * * * *   11.0% * * * * *
Talmud Broad Market s.talb Strategic: DIY Low Equity 14.6% * * * * *   13.3% * * * * *
Talmud with Small Cap s.tals Strategic: DIY Low Equity 12.4% * * * * *   12.0% * * * * *
Talmud Equities and Gold s.talg Strategic: DIY Low Equity 34.7% * * * * *   25.3% * * * * *
S&P 500 Equal Weight RSP Tactical: Managed Equal Weight 16.0% * * * * *   17.7% * * * * *
Permanent Portfolio PRPFX Tactical: Managed Low Equity 51.5% * * * * *   26.0% * * * * *
Adaptive Allocation A t.aaaa Tactical: DIY Adaptive 32.5% * * * * *   17.9% * * * * *
Adaptive Allocation B t.aaab Tactical: DIY Adaptive 39.5% * * * * *   18.2% * * * * *
Adaptive Allocation C t.aaac Tactical: DIY Adaptive 42.9% * * * * *   19.6% * * * * *
Adaptive Allocation D t.aaad Tactical: DIY Adaptive 28.7% * * * * *   14.9% * * * * *
Adaptive Allocation E t.aaae Tactical: DIY Adaptive 28.1% * * * * *   18.6% * * * * *
Adaptive Allocation F t.aaaf Tactical: DIY Adaptive 38.0% * * * * *   26.1% * * * * *
Minimum Correlation t.coco Tactical: DIY Correlation 22.6% * * * * *   17.5% * * * * *
Maximum Diversification t.mdiv Tactical: DIY Diversification 19.3% * * * * *   15.4% * * * * *
Equal Weight With Cluster t.dist Tactical: DIY Correlation 24.8% * * * * *   16.7% * * * * *
Minimum Mean Abs Deviation t.madm Tactical: DIY Risk-Driven 26.1% * * * * *   19.2% * * * * *
Minimum Variance A t.mvar Tactical: DIY Risk-Driven 23.9% * * * * *   18.0% * * * * *
Risk Parity Portfolio A t.rpba Tactical: DIY Risk-Driven 22.5% * * * * *   17.9% * * * * *
Maximum Sortino Portfolio t.sort Tactical: DIY Risk/Reward 17.3% * * * * *   10.2% * * * * *
Equal Weight Portfolio t.eqwt Tactical: DIY Equal Weight 20.7% * * * * *   17.2% * * * * *
Faber Rel Strength: Top 1 t.frs1 Tactical: DIY Momentum 22.6% * * * * *   24.5% * * * * *
Faber Rel Strength: Top 2 t.frs2 Tactical: DIY Momentum 17.7% * * * * *   18.6% * * * * *
Faber Rel Strength: Top 3 t.frs3 Tactical: DIY Momentum 13.2% * * * * *   12.7% * * * * *
Faber Rel Strength: Top 4 t.frs4 Tactical: DIY Momentum 12.6% * * * * *   9.2% * * * * *
Pure Momentum t.pure Tactical: DIY Momentum -0.1% * * * * *   0.2% * * * * *
Quartile Sector Rotation t.srqr Tactical: DIY Sector Rotation 36.7% * * * * *   74.7% * * * * *
Rel Strength Sector Rotatn t.srrs Tactical: DIY Sector Rotation 19.0% * * * * *   19.2% * * * * *
Top 5 Sector Rotation t.srt5 Tactical: DIY Sector Rotation 26.5% * * * * *   31.7% * * * * *
Top 3 Sector Rotation t.srt3 Tactical: DIY Sector Rotation 17.3% * * * * *   27.0% * * * * *
Minimum CdaR t.cdar Tactical: DIY Risk-Driven 15.0% * * * * *   12.5% * * * * *
Minimum CvaR t.cvar Tactical: DIY Risk-Driven 39.3% * * * * *   20.1% * * * * *
Equal Risk Contribution t.eqrc Tactical: DIY Risk-Driven 19.8% * * * * *   15.7% * * * * *
Minimum Drawdown t.loss Tactical: DIY Risk-Driven 59.4% * * * * *   18.0% * * * * *
Minimum Downside MAD t.madd Tactical: DIY Risk-Driven 26.1% * * * * *   19.2% * * * * *
Minimum Correlation A t.mca1 Tactical: DIY Risk-Driven 17.8% * * * * *   13.7% * * * * *
Minimum Correlation B t.mca2 Tactical: DIY Risk-Driven 19.9% * * * * *   15.7% * * * * *
Minimum Variance B t.mva2 Tactical: DIY Risk-Driven 19.3% * * * * *   14.1% * * * * *
Minimum Variance C t.mva3 Tactical: DIY Risk-Driven 24.0% * * * * *   17.4% * * * * *
Min Downside Deviation t.risd Tactical: DIY Risk-Driven 18.4% * * * * *   13.9% * * * * *
Risk Parity With Cluster t.rpcl Tactical: DIY Risk-Driven 23.6% * * * * *   16.2% * * * * *
Risk Parity Portfolio B t.rsop Tactical: DIY Risk-Driven 21.6% * * * * *   17.2% * * * * *
Target Return 12% t.tret Tactical: DIY Risk-Driven 24.6% * * * * *   18.6% * * * * *
Target Risk 10% t.tris Tactical: DIY Risk-Driven 24.7% * * * * *   15.4% * * * * *
Maximum Sharpe Portfolio t.shar Tactical: DIY Risk/Reward 22.2% * * * * *   12.6% * * * * *
Target Return Post-Modern t.trdd Tactical: DIY Target Return 22.1% * * * * *   15.7% * * * * *
Active Combined Asset t.acap Tactical: DIY Momentum 35.6% * * * * *   25.3% * * * * *
Quarterly Asset Rotation t.qaro Tactical: DIY Momentum 31.8% * * * * *   18.4% * * * * *
Defensive Bond t.dbnd Tactical: DIY Momentum 25.2% * * * * *   7.0% * * * * *
Dynamic Harry Browne t.dyhb Tactical: DIY Momentum 69.6% * * * * *   12.6% * * * * *
Hedge Replication HDG Tactical: Managed Blended 25.4% * * * * *   6.9% * * * * *
DWA Tech Leaders PDP Tactical: Managed Blended 17.5% * * * * *   29.6% * * * * *
iSh Global Energy PWC Tactical: Managed Blended 16.5% * * * * *   19.3% * * * * *
IQ Hedge Multi-Strat QAI Tactical: Managed Blended 24.1% * * * * *   8.8% * * * * *
ProShares Lg Cap CSM Tactical: Managed Hedged: 130-30 22.3% * * * * *   24.2% * * * * *
MultiAsset ETF RLY Tactical: Managed Hedged: Abs Return 18.8% * * * * *   8.3% * * * * *
IQ Merger Arbitrage MNA Tactical: Managed Hedged: Arbitrage 43.6% * * * * *   7.2% * * * * *
QuantSh AntiBeta BTAL Tactical: Managed Hedged: Mkt Neutral -3.3% * * * * *   2.2% * * * * *
WisdmTr EM HiYld DEM Tactical: Managed Income: Equity 19.5% * * * * *   7.8% * * * * *
WisdmTr EM SmCap DGS Tactical: Managed Income: Equity 8.2% * * * * *   3.4% * * * * *
WisdomTree ex-US DLN Tactical: Managed Income: Equity 23.1% * * * * *   22.1% * * * * *
WisdmTr Intl SmCap DLS Tactical: Managed Income: Equity 11.8% * * * * *   6.8% * * * * *
iShares Select Dividend DVY Tactical: Managed Income: Equity 22.8% * * * * *   21.5% * * * * *
SPDR S&P Int'l DWX Tactical: Managed Income: Equity 10.0% * * * * *   5.9% * * * * *
iShares Hi Div Equity HDV Tactical: Managed Income: Equity 21.8% * * * * *   14.8% * * * * *
iShr Intl Select Dividend IDV Tactical: Managed Income: Equity 18.5% * * * * *   9.6% * * * * *
PowerShares Intl Div PID Tactical: Managed Income: Equity 11.5% * * * * *   8.2% * * * * *
SPDR S&P Dividend SDY Tactical: Managed Income: Equity 13.2% * * * * *   11.7% * * * * *
Vanguard Hi Div Yld ETF VYM Tactical: Managed Income: Equity 24.4% * * * * *   21.1% * * * * *
PwrSh Sr Loan Portfolio BKLN Tactical: Managed Income: Float Rate 103.2% * * * * *   8.9% * * * * *
Gugg Multi-Asset CVY Tactical: Managed Income: Multi 14.5% * * * * *   14.9% * * * * *
Barclays Conv Bond CWB Tactical: Managed Income: Multi 18.9% * * * * *   15.0% * * * * *
ETF: SPDR Inc Alloc INKM Tactical: Managed Income: Multi 15.2% * * * * *   8.4% * * * * *
iSh MultiAsset Income IYLD Tactical: Managed Income: Multi 20.8% * * * * *   6.2% * * * * *
FirstTrust Multi-Asset MDIV Tactical: Managed Income: Multi 24.4% * * * * *   12.9% * * * * *
iShr Preferred ETF PFF Tactical: Managed Income: Multi 9.7% * * * * *   5.6% * * * * *
PowerSh Preferred ETF PGX Tactical: Managed Income: Multi 5.3% * * * * *   3.2% * * * * *
First Trust Focus 5 FV Tactical: Managed Sector Rotation 15.9% * * * * *   20.0% * * * * *
S&P Aggressive AOA Tactical: Managed Risk-Driven 20.7% * * * * *   16.2% * * * * *
S&P Conservative AOK Tactical: Managed Risk-Driven 15.5% * * * * *   7.8% * * * * *
S&P Moderate AOM Tactical: Managed Risk-Driven 17.5% * * * * *   9.5% * * * * *
S&P Growth AOR Tactical: Managed Risk-Driven 19.5% * * * * *   13.0% * * * * *
Dreyfus Alpha I AVGRX Tactical: Managed Blended 41.6% * * * * *   9.6% * * * * *
Principal GlobMultiStrat PMSAX Tactical: Managed Blended 33.8% * * * * *   9.4% * * * * *
Hundredfold Select SFHYX Tactical: Managed Blended 13.2% * * * * *   5.2% * * * * *
UBS Global Alloc BPGLX Tactical: Managed Global Macro 18.4% * * * * *   12.4% * * * * *
DFA Select Hedged DSHGX Tactical: Managed Global Macro 25.9% * * * * *   20.6% * * * * *
GMO Benchm-Free GBMFX Tactical: Managed Global Macro 25.6% * * * * *   6.2% * * * * *
Leuthold Global GLBIX Tactical: Managed Global Macro 8.2% * * * * *   5.9% * * * * *
GMO Global Alloc GMWAX Tactical: Managed Global Macro 16.0% * * * * *   8.8% * * * * *
Ivy Asset Strategy IVAEX Tactical: Managed Global Macro 28.3% * * * * *   18.5% * * * * *
Leuthold Core LCORX Tactical: Managed Global Macro 12.5% * * * * *   10.8% * * * * *
Loomis Global Eq Y LSWWX Tactical: Managed Global Macro 20.6% * * * * *   17.7% * * * * *
BlackRock Global I MALOX Tactical: Managed Global Macro 17.9% * * * * *   13.6% * * * * *
MFS Global Tot Ret MFWIX Tactical: Managed Global Macro 12.8% * * * * *   7.9% * * * * *
PIMCO All-Asset PAUIX Tactical: Managed Global Macro 6.7% * * * * *   3.8% * * * * *
Thornburg Inv Income Y TIBIX Tactical: Managed Global Macro 64.7% * * * * *   18.2% * * * * *
VALIC Global Strat VGLSX Tactical: Managed Global Macro 22.2% * * * * *   15.4% * * * * *
MainStay Int'l Opp MYITX Tactical: Managed Hedged: 130-30 30.2% * * * * *   14.6% * * * * *
MFS Target Return A DVRAX Tactical: Managed Hedged: Abs Return 45.4% * * * * *   9.6% * * * * *
EatonVance GlobalMacro EIGMX Tactical: Managed Hedged: Abs Return 99.7% * * * * *   8.9% * * * * *
Natixis ASG Global GAFYX Tactical: Managed Hedged: Abs Return 28.1% * * * * *   12.2% * * * * *
Goldman Sachs Instl GARTX Tactical: Managed Hedged: Abs Return 25.6% * * * * *   10.2% * * * * *
Jhancock Global Abs Ret I JHAIX Tactical: Managed Hedged: Abs Return 9.7% * * * * *   4.7% * * * * *
Putnam Abs Ret 100 Y PARYX Tactical: Managed Hedged: Abs Return 28.6% * * * * *   1.8% * * * * *
Putnam Abs Ret 300 Y PYTRX Tactical: Managed Hedged: Abs Return 7.3% * * * * *   2.8% * * * * *
AQR Divers N ADANX Tactical: Managed Hedged: Arbitrage 74.9% * * * * *   4.0% * * * * *
Arbitrage I ARBNX Tactical: Managed Hedged: Arbitrage 34.6% * * * * *   4.7% * * * * *
BlackRock EmMkt A BLSAX Tactical: Managed Hedged: Long/Short 34.6% * * * * *   12.1% * * * * *
Robeco Long/Short I BPLSX Tactical: Managed Hedged: Long/Short 24.1% * * * * *   17.2% * * * * *
Diamond Hill Long-Short I DHLSX Tactical: Managed Hedged: Long/Short 32.0% * * * * *   12.8% * * * * *
MainStay Marketfield A MFADX Tactical: Managed Hedged: Long/Short 21.2% * * * * *   11.0% * * * * *
Calamos Market Neu Inc CVSIX Tactical: Managed Hedged: Mkt Neutral 81.6% * * * * *   7.5% * * * * *
Gabelli ABC AAA GABCX Tactical: Managed Hedged: Mkt Neutral 50.6% * * * * *   8.2% * * * * *
JPMorgan Mkt Neutral A JMNAX Tactical: Managed Hedged: Mkt Neutral 649.5% * * * * *   13.6% * * * * *
Vanguard Market Neutral VMNFX Tactical: Managed Hedged: Mkt Neutral -11.3% * * * * *   2.2% * * * * *
Fidelity Equity FEQTX Tactical: Managed Income: Equity 18.3% * * * * *   15.3% * * * * *
Fidelity Strategic FSDIX Tactical: Managed Income: Equity 17.9% * * * * *   15.0% * * * * *
Columbia Div Income LBSAX Tactical: Managed Income: Equity 21.5% * * * * *   18.4% * * * * *
Invesco Divers Dividend LCEIX Tactical: Managed Income: Equity 21.7% * * * * *   19.1% * * * * *
BlackRock Eq Dividend MDDVX Tactical: Managed Income: Equity 17.5% * * * * *   13.9% * * * * *
T. Rowe Equity Income PRFDX Tactical: Managed Income: Equity 19.2% * * * * *   18.0% * * * * *
Schwab Div Equity SWDSX Tactical: Managed Income: Equity 23.7% * * * * *   20.3% * * * * *
Vanguard Equity VEIPX Tactical: Managed Income: Equity 26.2% * * * * *   21.5% * * * * *
Lord Abbett Float Rate LFRAX Tactical: Managed Income: Float Rate -162.9% * * * * *   4.4% * * * * *
Calamos Global Growth CVLOX Tactical: Managed Income: Global 27.7% * * * * *   24.3% * * * * *
Loomis Global Eq A LGMAX Tactical: Managed Income: Global 20.4% * * * * *   17.4% * * * * *
Neuberger Berman Eq Inc NBHAX Tactical: Managed Income: Global 23.4% * * * * *   20.1% * * * * *
Thornburg Inv Income A TIBAX Tactical: Managed Income: Global 63.6% * * * * *   17.9% * * * * *
Am Century Target Date ARTOX Tactical: Managed Income: Multi 19.2% * * * * *   10.3% * * * * *
BlackRock Strat Inc Opp BASIX Tactical: Managed Income: Multi 7.8% * * * * *   1.9% * * * * *
Calamos Convertible A CCVIX Tactical: Managed Income: Multi 21.1% * * * * *   15.4% * * * * *
Invesco Convertible Y CNSDX Tactical: Managed Income: Multi 20.1% * * * * *   14.8% * * * * *
Fidelity Convertibles FCVSX Tactical: Managed Income: Multi 23.3% * * * * *   19.2% * * * * *
Goldman Sachs Strat Inc GSZAX Tactical: Managed Income: Multi 15.1% * * * * *   2.0% * * * * *
Inst: Forward Select KIFYX Tactical: Managed Income: Multi 24.3% * * * * *   8.9% * * * * *
Nuveen Preferred I NPSRX Tactical: Managed Income: Multi 21.2% * * * * *   4.7% * * * * *
Pimco Income P PONPX Tactical: Managed Income: Multi 1.9% * * * * *   0.8% * * * * *
Principal Preferred PPSIX Tactical: Managed Income: Multi 40.5% * * * * *   8.5% * * * * *
T. Rowe Global Bond PRSNX Tactical: Managed Income: Multi 2.0% * * * * *   0.8% * * * * *
T. Rowe Retire Balanced TRRIX Tactical: Managed Income: Multi 17.8% * * * * *   8.1% * * * * *
Vanguard LifeStrategy VASIX Tactical: Managed Income: Multi 15.1% * * * * *   6.3% * * * * *
Vanguard Target Retire VTINX Tactical: Managed Income: Multi 18.0% * * * * *   7.8% * * * * *
Vanguard Wellesley Adm VWIAX Tactical: Managed Income: Multi 17.7% * * * * *   8.9% * * * * *
Fidelity Muni FHIGX Tactical: Managed Income: Tax Exempt -2.0% * * * * *   -0.2% * * * * *
Nuveen Amer Muni FLAAX Tactical: Managed Income: Tax Exempt 2.4% * * * * *   1.0% * * * * *
BlackRock Nat'l Muni MDNLX Tactical: Managed Income: Tax Exempt -3.7% * * * * *   -0.4% * * * * *
T. Rowe Summit Muni PRINX Tactical: Managed Income: Tax Exempt -0.8% * * * * *   0.2% * * * * *
Vanguard LT Tax-Exempt VWLTX Tactical: Managed Income: Tax Exempt -3.5% * * * * *   -0.6% * * * * *
Sound Mind Investing SMIFX Tactical: Managed Momentum 19.5% * * * * *   22.6% * * * * *
Grimaldi Sector NAVFX Tactical: Managed Sector Rotation 28.5% * * * * *   29.0% * * * * *
FundX Upgrader XCOR Tactical: Managed Momentum 28.7% * * * * *   29.2% * * * * *
Ibbotson Balanced BETFX Tactical: Managed Risk-Driven 20.9% * * * * *   13.6% * * * * *
Columbia Thermostat Z COTZX Tactical: Managed Risk-Driven 18.7% * * * * *   10.0% * * * * *
Dodge & Cox Balanced DODBX Tactical: Managed Risk-Driven 23.8% * * * * *   14.3% * * * * *
Fidelity Balanced FBALX Tactical: Managed Risk-Driven 24.6% * * * * *   18.3% * * * * *
Fidelity Puritan FPURX Tactical: Managed Risk-Driven 25.6% * * * * *   21.4% * * * * *
Janus Balanced JANBX Tactical: Managed Risk-Driven 22.8% * * * * *   17.0% * * * * *
Schwab Balanced SWOBX Tactical: Managed Risk-Driven 22.6% * * * * *   15.8% * * * * *
Vanguard Balanced VBIAX Tactical: Managed Risk-Driven 23.1% * * * * *   17.6% * * * * *
ValueLine AssetAlloc VLAAX Tactical: Managed Risk-Driven 12.8% * * * * *   11.8% * * * * *
Vanguard Wellesley Inv VWINX Tactical: Managed Risk-Driven 17.6% * * * * *   8.8% * * * * *
Vanguard LifeStrat Growth VASGX Tactical: Managed Risk-Driven 23.5% * * * * *   17.6% * * * * *
Vanguard Wellington Inv VWELX Tactical: Managed Risk-Driven 27.9% * * * * *   18.3% * * * * *
Vanguard STAR Inv VGSTX Tactical: Managed Risk-Driven 19.2% * * * * *   13.7% * * * * *
FPA Crescent FPACX Tactical: Managed Risk-Driven 34.3% * * * * *   16.3% * * * * *
WF Asset Allocation WFAIX Tactical: Managed Risk-Driven 21.5% * * * * *   17.0% * * * * *
Berkshire Hathaway Inc BRK.A Tactical: Managed Global Macro 17.5% * * * * *   21.6% * * * * *