Hi folks. Just curious what, if anything, folks are using to analyze historical performance of portfolios.
I've played a little bit with ETFReplay.com today. It's
actually kind of nice for a quick look, but I don't know
that the full access is worth $30/mo.
Their free tool isn't bad:
(Handy trick - you can use any symbol as your benchmark -
including VBINX if you want a 60/40 index) I spent a little
time with it today with a few 2,3, and 5 fund portfolios.
Fidelity's got some tools for backtesting active strategies,
but I didn't see a simple asset-allocation/periodic-rebalance
version, nor did the multi-symbol backtest allow anything other
than a few equity indices as the sets of symbols. (ie. the
Dow 30 stocks).
FolioFN will let you do backtesting, but you have to have
an account. Their system would probably work pretty well
for a lot of people, actually, and I've been thinking
about opening an account just to try them out anyway. (As
if I need any more accounts anywhere right now.)
But I'm really looking for something to do target-allocation
with periodic rebalances (with or even without bands for
trade triggers - since this is theoretical anyway, I don't
mind if it's a hard rebalance to fixed percentages), and
to include mutual funds, ETFs and equities, to run the
allocations over various historical time periods, show
returns, volatilities, etc.
I've done a lot of this by hand on spreadsheets in the past
and maintain a pretty decent sized database of historical
prices for a batch of symbols (thanks, Yahoo), but I just
can't justify the time it would take to roll my own tools.
I've noted a couple of other tools, none of them cheap -
such as Kwanti and MultiCharts.
And I'm certainly hoping to avoid the expense of something
like MStar Principia, though that appears to be the standard
(ie. I see financial journalists refer to screens and other
research they've done through it all the time).
Anyway, I'd love to hear what folks use, if they use anything
- posted 8 years ago
-- David S. Meyers, CFP(R) http://www.MeyersMoney.com