Let's not ignore the fact that the Wellington Benchmark 65/35 also had higher volatility and larger drawdowns over the last 10 years. On a risk-adjusted basis, it's a wash.Vanguard website today reports Wellington (VWELX) shares up 9.13% annually over the last five years and 8.31% over 10.
Balanced Index Fund shares (VBAIX) up 9.12% over the last five years and 8.18% over 10.
Both Investor class shares
The Wellington Benchmark is -
65% S&P 500 Index and 35% Lehman U.S. Long Credit AA or Better Bond Index through February 29, 2000; 65% S&P 500 Index and 35% Bloomberg U.S. Credit A or Better Bond Index thereafter.
The fund's benchmark has outperformed Wellington (10.43% over 5 and 9.29% over 10 years)
I owned Wellington for years but decided that it was an emotional attachment and not performance based, as shown vs. the fund's own benchmark. That said there are a myriad of far worse choices to make than Wellington.
Statistics: Posted by GaryA505 — Wed Sep 04, 2024 4:31 pm — Replies 35 — Views 1758
