All-Weather Conservative vs Diversified Income 402

How $10,000 would have grown in each — compared across total return, income, NAV, and risk.

Compared over their common history since Jan 2024.

Judge on

Window

All-Weather Conservative

Low riskLow reward

4.6%

yield · $38/mo per $10k

WinnerDiversified Income 402

High riskHigh reward

15.1%

yield · $126/mo per $10k

Diversified Income 402 wins on total return (2–0, full common history).

Growth of $10,000 (dividends reinvested)

All-Weather ConservativeDiversified Income 402Distributions reinvested · hypothetical, fixed weights

Total Return0–2

23.6%

Total Ret.

73.3%

9.4%

CAGR

26.4%

Income1–2

4.6%

Yield

15.1%

$38

Income

$126

0.50

Steadiness

0.68

Principal / NAVeven

8.6%

NAV

22.3%

-9.1%

Max DD

-19.4%

Risk3–1

11.3

Risk-Adj.

5.7

1.45

Sortino

2.30

8.4%

Volatility

17.4%

1.4

Safety

3.5

Holdings overlap

5% overlap

All-Weather Conservative only

SGOV 20%SCHD 20%HDV 15%XLU 15%VYMI 15%

Shared

BIL 15%

Diversified Income 402 only

BIZD 10%NVDL 10%TSLY 10%SRLN 10%GPIQ 8%QQQI 8%SPYI 8%JEPQ 8%QYLD 8%AMLP 8%FPE 8%

The risk-first read

All-Weather Conservative wins the risk-adjusted call: 23.6% total return at a meaningfully lower risk tier (1.4 vs 3.5). You're paid more per unit of risk — and Diversified Income 402's extra tier exposure isn't buying enough return to justify it.

Get one battle like this in your inbox every week

The Dividend Brief — free, risk-first, 2-min read.

Run your own matchups

Filter 30 portfolios by risk and reward and let the data crown a champion.

Growth is a hypothetical, fixed-weight backtest with distributions reinvested at ex-date since Jan 2024 — no fees or taxes; past performance doesn't predict future results. How these numbers are computed. Not investment advice.