But why? Easy answer, long 20+ year treasuries TLT. The balanced portfolio works especially well when your 2nd largest asset has a huge return. I am trailing the S&P if you look year to date though.
This is for my portfolio outlined back in Feb/March, this does not include any of my company stock or individual stock purchases. This is over 1 year (assuming Oct-2-2018 to Oct-2-2019
But why does Fidelity and Personal Capital produce different numbers. Fidelity says 11.56%, and Personal Capital says 8.36%. I believe personal capital does not include dividend gains. Fidelity seems to properly net out my cash flow and account for my dividends as part of the total. But of course, I got to pay taxes on those dividends next April, so you can’t look at this as an absolute return. 3% in dividends as part of the 11% does make sense, as I had some large dividends from the CEF I no longer hold, plus something like a 2-3% dividend return from the entire portfolio.
Another problem. In this way I think PC returns a better number. S&P is basically flat over a 1 year period, but fidelity says 4.25%. S&P was 2901 a year ago, and 2902 as of writing this right now. S&P fund that I own pays just under a 2% dividend. So where is 4.25% coming from? I think Fidelity might be measuring month to month, buy PC looks at it in the period you specify.
I do like the Personal Capitals view here, as I can aggregate multiple accounts together. This is this year over 2 accounts. The 138% is not accurate though, and would need to do this calculation separately to really make sense of it. It seems to have deducted the cash out of the account properly in it’s calculation, but not included the grant values when calculating the rise. It is more like ~35%. Fidelity won’t tell you this, which is rather annoying (no view of performance from employee stock plans).
So… nobody does exactly what I want. It makes sense that fidelity holds a slightly more accurate view of things since they are steward of my account. I need to build additional tools to track in a more real world scenario, but likely just need to do a better job in excel.
Separate topic…. do I switch to Schwab now that they have a zero trading fee, or just wait for fidelity to catch up? Don’t know if Fidelity will, but moving accounts is a pain, but worth it for fees over time. Also