Data Across Ten Decades

All fund risk and return metrics, ratings, and analytics have been uploaded to MFO Premium, reflecting performance through November 2019.

We went live the morning of 10 December, which is typically the longest it takes. The first Saturday of the month, when Lipper (Refinitiv) drops the monthly data, occurred on the 7th.

The year-end data and attendant ratings should post the weekend of 4 January. It will mark the 60th year of Refinitiv’s database.


How many funds have been around at least 60 years? Just 65. That’s right. Best absolute performer? T Rowe Price Small-Cap Stock (OTCFX) at 12.6% … per year! Or, how to turn $1,000 into $1,200,000.


The more interesting news is what went live on 24 December, including:


  • Data Across Ten Decades. MultiSearch now incorporates the Goyal public database, which has been used in several pieces on historical equity and bond performance, including How Bad Can It Get? The database reflects monthly S&P500 equity, long US Treasuries, and risk-free measures back to January 1926, before the Great Depression.

  • Allocation Indices. Pre-set screens are now available for four different allocation indices, which produce risk and return metrics for equity/bond combinations in 10% increments: 1) S&P500 with US Aggregate Bond, 2) S&P500 with Long US Gov Bonds (back to 1926), 3) Global Equity with Global Bond, and finally 4) Global xUS Equity with Global xUS Bond.

  • Expanded Rolling Averages. How many 50-year rolling periods date back to 1926? Precisely 528. Depending on which 50-year interval you were invested in the S&P500 (as if you could choose this random period), you earned anywhere from 7.4% per year to 13.9% … a huge difference. It’s fascinating! Just scroll-across to the rolling averages section (or select the Group) on the MultiSearch results page.


Finally, yesterday we finished adding Transaction History to the user account page. Please give it a look when you get the chance and let me know if you see anything amiss … yes, a very kind subscriber recently pointed out we had over credited his account by 2 years … thank you! (Please note that the dollar amount tracked is the portion of your donation that was applied for access to the premium site.)

Please enjoy the latest data and site features.

And, Happy New Year to all!