Data Source: from January 1995 to December 2021

Last Update: 31 December 2021

The High Yield Bonds Income Portfolio is exposed for 0% on the Stock Market.

It's a Low Risk portfolio and it can be replicated with 4 ETFs.

In the last 10 years, the portfolio obtained a 5.34% compound annual return, with a 6.96% standard deviation.

In the last 25 years, a 6.94% compound annual return, with a 8.64% standard deviation.

Asset Allocation and ETFs

The High Yield Bonds Income Portfolio has the following asset allocation:

0% Stocks
100% Fixed Income
0% Commodities

The High Yield Bonds Income Portfolio can be replicated with the following ETFs:

Weight Ticker ETF Name Investment Themes
25.00 % SPLB SPDR Portfolio Long Term Corporate Bond ETF Bond, U.S., Long-Term
25.00 % EMB iShares JP Morgan USD Em Mkts Bd Bond, Emerging Markets, All-Term
25.00 % JNK SPDR Barclays High Yield Bond ETF Bond, U.S., Intermediate-Term
25.00 % HYG iShares iBoxx $ High Yield Corporate Bond Bond, U.S., Intermediate-Term
Most of Lazy Portfolios are made of common components (asset classes), very simple and well defined. For a more complete view, find out the most common ETFs you can use to build your portfolio.

Portfolio and ETF Returns

The High Yield Bonds Income Portfolio guaranteed the following returns.

HIGH YIELD BONDS INCOME PORTFOLIO RETURNS (%)
Last Update: 31 December 2021
Swipe left to see all data
1M 3M 6M 1Y 3Y(*) 5Y(*) 10Y(*) 20Y(*) 25Y(*)
High Yield Bonds Income Portfolio +1.50 +0.80 +0.57 +0.88 +8.11 +5.59 +5.34 +6.74 +6.94
--- Inflation Adjusted return +1.03 -1.37 -2.73 -5.83 +4.43 +2.59 +3.16 +4.33 +4.55
Components
SPLB
SPDR Portfolio Long Term Corporate Bond ETF
-0.82 +1.36 +0.76 -2.00 +11.15 +7.39 +6.07 +7.03 +7.10
EMB
iShares JP Morgan USD Em Mkts Bd
+2.16 +0.40 -0.82 -2.24 +5.98 +4.41 +4.59 +7.91 +9.09
JNK
SPDR Barclays High Yield Bond ETF
+2.36 +0.70 +1.19 +3.99 +7.83 +5.25 +5.21 +5.70 +5.42
HYG
iShares iBoxx $ High Yield Corporate Bond
+2.28 +0.77 +1.12 +3.75 +7.34 +5.14 +5.23 +5.81 +5.51
(*) annualized
Portfolio returns are calculated assuming:
  • a rebalancing of the components at the beginning of each year (i.e. at every January 1st)
  • the reinvestment of dividends

Inflation is updated to Dec 2021. Current inflation (annualized) is 1Y: 7.12% , 3Y: 3.53% , 5Y: 2.92% , 10Y: 2.12% , 20Y: 2.31% , 25Y: 2.29%

In 2021, the portfolio granted a 3.76% dividend yield. If you are interested in getting periodic income, please refer to the High Yield Bonds Income Portfolio: Dividend Yield page.

Historical Returns

Historical returns and stats of High Yield Bonds Income Portfolio. Total Returns and Inflation Adjusted Returns are both mentioned.

HIGH YIELD BONDS INCOME PORTFOLIO
Last Update: 31 December 2021
Swipe left to see all data
Period Return
Dec 2021
update
Return
Inflation
Adjusted
Standard
Deviation(*)
Max
Drawdown
Months
Pos - Neg
1M
Dec 2021
+1.50%
+1.03%
0.00%
1 - 0
3M
+0.80%
-1.37%
-1.00%
Nov 2021 - Nov 2021
2 - 1
6M
+0.57%
-2.73%
-2.06%
Sep 2021 - Nov 2021
4 - 2
YTD
+0.88%
-5.83%
3.96%
-3.16%
Jan 2021 - Mar 2021
7 - 5
58% pos
1Y
+0.88%
-5.83%
3.96%
-3.16%
Jan 2021 - Mar 2021
7 - 5
58% pos
3Y
+8.11%
annualized
+4.43%
annualized
9.52%
-11.99%
Feb 2020 - Mar 2020
24 - 12
67% pos
5Y
+5.59%
annualized
+2.59%
annualized
7.77%
-11.99%
Feb 2020 - Mar 2020
37 - 23
62% pos
10Y
+5.34%
annualized
+3.16%
annualized
6.96%
-11.99%
Feb 2020 - Mar 2020
75 - 45
63% pos
20Y
+6.74%
annualized
+4.33%
annualized
8.98%
-23.97%
Nov 2007 - Oct 2008
155 - 85
65% pos
25Y
+6.94%
annualized
+4.55%
annualized
8.64%
-23.97%
Nov 2007 - Oct 2008
193 - 107
64% pos
MAX
01 Jan 1995
+7.75%
annualized
+5.29%
annualized
8.46%
-23.97%
Nov 2007 - Oct 2008
214 - 110
66% pos
(*)Annualized St.Dev. of monthly returns

Portfolio efficiency

Is the High Yield Bonds Income Portfolio actually efficient, compared to other Lazy Portfolios?

Best Classic Portfolios, with Low Risk, ordered by 25 Years annualized return.

25 Years Stats
% Allocation
Portfolio Return Drawdown Stocks Bonds Comm.
High Yield Bonds Income
+6.94% -23.98% 0 100 0
All Country World 20/80
+6.13% -14.04% 20 80 0 Compare
Stocks/Bonds 20/80
+6.06% -8.42% 20 80 0 Compare
Vanguard LifeStrategy Income Fund
Vanguard
+5.87% -10.54% 20 80 0 Compare
US Inflation Protection
+5.79% -11.79% 0 100 0 Compare

See all portfolios

Our overall ratings, assigned to the High Yield Bonds Income Portfolio. The portfolio is classified as Low Risk.

Very High Risk
Bond weight:
Less than 25%
High Risk
Bond weight:
25% - 49.99%
Medium Risk
Bond weight:
50% - 74.99%
Low Risk
Bond weight:
At least 75%
Low Risk
Portfolios
All
Portfolios
25 Years Ann. Return
(Inflation Adjusted)
+6.94%
(+4.55%)
Excellent : 5 / 5
Average : 2.9 / 5
Standard Deviation
over 25 Years
8.64%
Poor : 1 / 5
Good : 3.7 / 5
Maximum Drawdown
over 25 Years
-23.97%
Poor : 1 / 5
Good : 3.6 / 5
Easy to manage 4 ETFs
Good : 3.5 / 5
Good : 3.5 / 5
Rating assigned considering all the Low Risk Portfolios Rating assigned considering all the Portfolios in the database

Capital Growth

Time Range:

An investment of 1000$, since January 1997, now would be worth 5356.49$, with a total return of 435.65% (6.94% annualized).

The Inflation Adjusted Capital now would be 3041.55$, with a net total return of 204.15% (4.55% annualized).

Drawdowns

Time Range:

Worst drawdowns since January 1997 - Chart and Data

Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months
-23.97% Nov 2007 Oct 2008 12 Jul 2009 9 21
-11.99% Feb 2020 Mar 2020 2 Jul 2020 4 6
-8.48% Aug 1998 Aug 1998 1 Apr 1999 8 9
-7.79% Mar 2015 Jan 2016 11 Jun 2016 5 16
-6.71% May 2013 Aug 2013 4 Feb 2014 6 10
-6.70% May 2002 Jul 2002 3 Nov 2002 4 7
-4.56% Apr 2004 May 2004 2 Aug 2004 3 5
-4.53% Jan 2018 Dec 2018 12 Feb 2019 2 14
-4.40% Aug 2011 Sep 2011 2 Oct 2011 1 3
-3.93% Oct 2016 Nov 2016 2 Feb 2017 3 5
-3.91% Jul 2003 Jul 2003 1 Sep 2003 2 3
-3.84% May 2007 Jul 2007 3 Oct 2007 3 6
-3.60% May 1999 Aug 1999 4 Nov 1999 3 7
-3.49% Sep 2001 Sep 2001 1 Nov 2001 2 3
-3.24% May 2010 May 2010 1 Jul 2010 2 3
-3.16% Jan 2021 Mar 2021 3 Jun 2021 3 6
-3.14% Sep 2000 Nov 2000 3 Jan 2001 2 5
-2.69% Mar 2006 Jun 2006 4 Aug 2006 2 6
-2.54% Mar 1997 Mar 1997 1 May 1997 2 3
-2.45% Nov 2011 Nov 2011 1 Dec 2011 1 2

Rolling Returns ( more details)

High Yield Bonds Income Portfolio: annualized rolling and average returns

Swipe left to see all data
Return (*) Negative
Periods
Rolling Period Average Best Worst
1 Year
+7.91% +41.19%
Dec 2008 - Nov 2009
-23.97%
Nov 2007 - Oct 2008
12.46%
2 Years
+7.59% +27.64%
Nov 2008 - Oct 2010
-10.66%
Dec 2006 - Nov 2008
3.65%
3 Years
+7.39% +20.32%
Nov 2008 - Oct 2011
-4.59%
Dec 2005 - Nov 2008
2.08%
5 Years
+7.27% +14.58%
Nov 2008 - Oct 2013
+0.18%
Mar 2004 - Feb 2009
0.00%
7 Years
+7.29% +11.05%
Nov 2008 - Oct 2015
+3.02%
Apr 2013 - Mar 2020
0.00%
10 Years
+7.37% +10.98%
Jan 1995 - Dec 2004
+4.62%
Dec 1998 - Nov 2008
0.00%
15 Years
+7.31% +9.07%
Apr 1995 - Mar 2010
+5.41%
Apr 2005 - Mar 2020
0.00%
20 Years
+7.28% +8.77%
Feb 1995 - Jan 2015
+6.50%
Apr 2000 - Mar 2020
0.00%

* Annualized rolling and average returns over full calendar month periods

If you need a deeper detail about rolling returns, please refer to the High Yield Bonds Income Portfolio: Rolling Returns page.

Seasonality

High Yield Bonds Income Portfolio Seasonality: in which months is it better to invest?

In the table below, the average monthly return is represented.

Below each return, it's also mentioned the probability of obtaining a positive monthly result (Win %).

Both the Average Return and the Gain Frequency are useful to get an idea of what happened in the past.

Swipe left to see all data
Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Win %
0.65
67%
0.36
74%
-0.08
48%
1.66
81%
0.34
48%
0.55
63%
1.08
74%
0.59
70%
0.24
59%
0.14
67%
0.59
56%
1.73
85%
Best
Year
4.7
2019
2.6
2014
3.5
2016
9.7
2009
4.6
1995
3.8
2012
6.1
2009
4.2
2002
4.9
2009
6.5
2011
4.5
1998
16.0
2008
Worst
Year
-3.8
2009
-7.1
2009
-11.5
2020
-3.4
2004
-3.7
2013
-3.1
2002
-3.9
2003
-8.5
1998
-7.8
2008
-14.8
2008
-2.5
2016
-1.8
2015
Statistics calculated for the period Jan 1995 - Dec 2021

For further information about the seasonality, check the Asset Class Seasonality page.

Monthly/Yearly Returns

High Yield Bonds Income Portfolio monthly and yearly returns: how is the distribution of the returns recorded so far?

MONTHLY RETURNS HISTOGRAM
214 Positive Months (66%) - 110 Negative Months (34%)
Jan 1995 - Dec 2021
Swipe left to see all data
Yearly Return(%)
Monthly Return(%)
Year Total Infl.Adj Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2021
+0.88 -5.83 -1.4 -1.6 -0.2 1.3 0.4 1.8 0.8 0.4 -1.4 0.3 -1.0 1.5
2020
+7.08 +5.71 1.1 -0.6 -11.5 5.5 3.5 1.3 5.0 -0.9 -1.1 -0.1 4.4 1.5
2019
+16.98 +14.40 4.7 0.6 2.1 0.8 -0.3 3.5 0.5 2.3 -0.4 0.2 0.3 1.7
2018
-4.53 -6.33 -0.4 -2.0 0.3 -0.9 -0.2 -0.5 1.9 -0.3 0.7 -2.5 -0.6 0.0
2017
+8.78 +6.54 1.0 1.6 -0.2 1.3 1.3 0.1 1.1 0.8 0.3 0.3 -0.2 1.0
2016
+12.01 +9.76 -1.0 1.6 3.5 2.8 0.1 3.1 1.8 1.4 0.2 -1.5 -2.5 1.9
2015
-3.94 -4.55 2.4 0.8 -0.5 0.1 -0.5 -2.3 0.3 -1.7 -1.7 2.6 -1.5 -1.8
2014
+6.28 +5.59 0.8 2.6 0.5 1.2 1.8 0.5 -1.1 2.3 -2.3 1.4 -0.5 -1.0
2013
-0.40 -1.88 -1.1 1.0 0.0 2.9 -3.7 -3.1 1.5 -1.5 1.2 2.7 -0.5 0.4
2012
+12.61 +10.66 1.5 1.8 -1.2 1.7 -1.9 3.8 2.7 0.8 0.8 1.0 0.3 0.7
2011
+9.07 +5.83 0.2 1.1 0.3 1.9 1.3 -0.8 2.0 -1.2 -3.3 6.5 -2.5 3.5
2010
+11.52 +9.94 -0.4 1.1 2.2 1.8 -3.2 2.0 4.1 1.4 1.9 1.3 -2.3 1.3
2009
+23.52 +20.14 -3.8 -7.1 3.1 9.7 4.1 2.7 6.1 0.7 4.9 -0.9 1.4 1.5
2008
-10.54 -10.52 -0.8 -1.6 0.4 2.1 -0.5 -2.1 -0.4 0.2 -7.8 -14.8 0.9 16.0
2007
+3.36 -0.72 -0.1 2.0 -0.1 1.2 -0.1 -1.9 -1.9 1.4 2.4 1.1 -0.7 0.2
2006
+7.28 +4.64 0.5 1.2 -1.5 -0.3 -0.8 -0.1 1.7 2.1 1.2 1.2 1.8 0.1
2005
+5.61 +2.20 0.8 0.5 -2.3 0.9 2.3 1.5 -0.2 1.4 -0.7 -1.3 1.1 1.6
2004
+9.55 +6.01 1.2 0.4 1.3 -3.4 -1.2 1.3 1.6 3.1 1.3 1.7 0.0 2.0
2003
+18.30 +15.94 1.4 2.4 1.4 4.1 2.5 0.5 -3.9 1.7 3.2 0.5 1.2 2.2
2002
+7.38 +4.78 1.4 1.1 -0.1 1.7 -0.2 -3.1 -3.5 4.2 -1.0 1.0 3.4 2.6
2001
+10.89 +9.14 4.1 0.5 -0.5 -0.3 1.2 -0.5 1.8 2.2 -3.5 3.1 2.2 0.2
2000
+6.15 +2.62 -0.9 1.7 0.6 -0.5 -1.4 3.2 1.6 2.1 -0.9 -1.1 -1.1 2.9
1999
+6.34 +3.56 0.3 -0.8 2.1 2.8 -2.8 0.2 -0.4 -0.6 1.4 1.0 1.5 1.5
1998
+2.17 +0.56 1.3 0.9 1.2 0.4 -0.1 -0.2 0.6 -8.5 3.3 -0.5 4.5 -0.2
1997
+13.61 +11.72 1.1 1.6 -2.5 2.0 2.6 2.0 3.6 -0.7 2.3 -2.1 1.2 2.0
1996
+14.28 +10.54 2.3 -2.6 -0.3 0.7 0.5 1.3 1.1 1.5 3.5 1.6 3.4 0.5
1995
+22.64 +19.61 1.4 1.4 -0.2 3.4 4.6 0.8 0.5 1.3 1.7 1.1 1.6 3.0

* Note:
Portofolio Returns, up to March 2009, are simulated. They have been calculated using the historical series of equivalent ETFs / Assets, instead of the actual ETFs of the portfolio.

In particular, it has been used:

  • SPLB - SPDR Portfolio Long Term Corporate Bond ETF: simulated historical serie, up to March 2009
  • EMB - iShares JP Morgan USD Em Mkts Bd: simulated historical serie, up to December 2007
  • JNK - SPDR Barclays High Yield Bond ETF: simulated historical serie, up to December 2007
  • HYG - iShares iBoxx $ High Yield Corporate Bond: simulated historical serie, up to December 2007
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