From Golubs thread of MUTUAL FUNDS WHY .....
You wrote: Moderate allocation fund, PRWCX as mentioned in the past holds the bulk of our investments. Never used an ETF to this point which doesn't mean we may not sometime in the future. I have looked at allocation ETFs in the past to compare to PRWCX and have been left wanting. Thus, actively managed mutual fund over an ETF.
Haven't looked at MA ETFs anytime recently, but if anyone has knowledge of any worth examining, bring it on.
Not unlike mutual funds and your allocation mix, you may build your own mix with etf's, too.
*** stockcharts data is total return for a period, which includes any distributions.
*** two examples in charts. PRWCX, 10 year total returnQQQ and AGG,10 year total return
The above PRWCX 10 year return = 231%
The above, QQQ and AGG, with a mix of 50/50 and using a simple average between the two etf's for total return = a combined 10 year return of 302%.
Mental benchmarks that I use for what I consider two high class allocation mutual funds are VWINX and FBALX. VWINX has a nominal mix of 30/70, equity/bond and FBALX has a nominal mix of 70/30 equity/bond.
One could mix QQQ and AGG for any combination of equity/bond percentages. Broad bond etf listBroad growth etf list
Perhaps the most substantial question now is, what performance paths do the various bond types travel into the future; with many types having had a most decent 40 year run.
My 2 cents worth about this topic.