All-Weather Conservative vs Sharpe Maximizer

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

Compared over their common history since Feb 2023.

Judge on

Window

All-Weather Conservative

Low riskLow reward

4.6%

yield · $38/mo per $10k

WinnerSharpe Maximizer

Low riskLow reward

3.8%

yield · $31/mo per $10k

Sharpe Maximizer wins on total return (2–0, full common history).

Growth of $10,000 (dividends reinvested)

All-Weather ConservativeSharpe MaximizerDistributions reinvested · hypothetical, fixed weights

Total Return0–2

27.5%

Total Ret.

39.5%

7.6%

CAGR

10.5%

Income2–1

4.6%

Yield

3.8%

$38

Income

$31

0.59

Steadiness

0.54

Principal / NAVeven

7.9%

NAV

22.8%

-9.1%

Max DD

-11.9%

Risk3–1

11.0

Risk-Adj.

11.3

1.24

Sortino

1.24

8.3%

Volatility

12.2%

1.4

Safety

1.9

Holdings overlap

35% overlap

All-Weather Conservative only

SGOV 20%BIL 15%XLU 15%VYMI 15%

Shared

SCHD 20%HDV 15%

Sharpe Maximizer only

VIG 30%DGRO 20%

The risk-first read

Sharpe Maximizer wins. All-Weather Conservative dangles a bigger 4.6% headline yield, but after NAV erosion its total return (27.5%) trails Sharpe Maximizer's 39.5% — and at a higher risk tier (1.4 vs 1.9). The classic yield trap.

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 Feb 2023 — no fees or taxes; past performance doesn't predict future results. How these numbers are computed. Not investment advice.