Last Update: 31 March 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 5.66% compound annual return, with a 7.44% standard deviation.
In 2020, the portfolio granted a 4.38% dividend yield. If you are interested in getting periodic income, please refer to the High Yield Bonds Income Portfolio: Dividend Yield page.
Asset Allocation and ETFs
The High Yield Bonds Income Portfolio has the following asset allocation:
The High Yield Bonds Income Portfolio can be replicated with the following ETFs:
Weight | Ticker | ETF Name | Investment Themes | |
---|---|---|---|---|
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 % | SPLB | SPDR Portfolio Long Term Corporate Bond ETF | Bond, U.S., Long-Term | |
25.00 % | HYG | iShares iBoxx $ High Yield Corporate Bond | Bond, U.S., Intermediate-Term |
Portfolio and ETF Returns
The High Yield Bonds Income Portfolio guaranteed the following returns.
1M | 3M | 6M | 1Y | 3Y(*) | 5Y(*) | 10Y(*) | |
---|---|---|---|---|---|---|---|
High Yield Bonds Income Portfolio | -0.21 | -3.16 | +2.43 | +16.59 | +5.80 | +6.26 | +5.66 |
Components | |||||||
EMB - iShares JP Morgan USD Em Mkts Bd | -0.73 | -5.47 | +0.18 | +17.25 | +3.64 | +4.51 | +4.96 |
JNK - SPDR Barclays High Yield Bond ETF | +0.96 | +0.61 | +6.88 | +21.01 | +6.00 | +7.00 | +5.04 |
SPLB - SPDR Portfolio Long Term Corporate Bond ETF | -2.43 | -8.39 | -3.65 | +9.32 | +7.42 | +6.69 | +7.07 |
HYG - iShares iBoxx $ High Yield Corporate Bond | +1.21 | +0.58 | +6.41 | +18.88 | +5.88 | +6.65 | +5.27 |
- a rebalancing of the components at the beginning of each year (i.e. at every January 1st)
- the reinvestment of dividends
If you are interested in getting periodic income, please refer to the High Yield Bonds Income Portfolio: Dividend Yield page.
Historical Returns
High Yield Bonds Income Portfolio - Historical returns and stats.
Period | Returns Mar 2021 |
Standard Deviation * |
Max Drawdown |
Months Pos - Neg |
---|---|---|---|---|
1M
|
-0.21%
|
-0.21%
Mar 2021 - Mar 2021
|
0 - 1 | |
3M
|
-3.16%
|
-3.16%
Jan 2021 - Mar 2021
|
0 - 3 | |
6M
|
+2.43%
|
-3.16%
Jan 2021 - Mar 2021
|
2 - 4 | |
YTD
|
-3.16%
|
-3.16%
Jan 2021 - Mar 2021
|
0 - 3 | |
1Y
|
+16.59%
|
8.69%
|
-3.16%
Jan 2021 - Mar 2021
|
6 - 6 |
3Y
|
+5.80%
annualized
|
9.67%
|
-11.99%
Feb 2020 - Mar 2020
|
19 - 17 |
5Y
|
+6.26%
annualized
|
8.03%
|
-11.99%
Feb 2020 - Mar 2020
|
37 - 23 |
10Y
|
+5.66%
annualized
|
7.44%
|
-11.99%
Feb 2020 - Mar 2020
|
73 - 47 |
MAX
01 Jan 2008
|
+6.03%
annualized
|
10.28%
|
-23.60%
May 2008 - Oct 2008
|
99 - 60 |
* Annualized St.Dev. of monthly returns
Best Low Risk Porftolios, ordered by 10Y annualized return.
Portfolio | 10Y Return ▾ | Stocks | Bonds | Comm. | ||
---|---|---|---|---|---|---|
High Yield Bonds Income |
+5.66% | 0 | 100 | 0 | ||
Stocks/Bonds 20/80 |
+5.52% | 20 | 80 | 0 | Compare | |
Developed World 20/80 |
+5.03% | 20 | 80 | 0 | Compare | |
Edge Select Conservative Merrill Lynch |
+4.66% | 21 | 79 | 0 | Compare | |
Total Bond Developed World |
+4.56% | 0 | 100 | 0 | Compare |
Capital Growth
Drawdowns
Rolling Returns ( more details)
High Yield Bonds Income Portfolio: annualized rolling and average returns
Return (*) | Negative Periods |
|||
---|---|---|---|---|
Rolling Period | Average | Best | Worst | |
1 Year |
+7.28% |
+41.19% Dec 2008 - Nov 2009 |
-18.10% Mar 2008 - Feb 2009 |
18.24% |
2 Years |
+7.30% |
+27.64% Nov 2008 - Oct 2010 |
-0.35% Mar 2014 - Feb 2016 |
0.74% |
3 Years |
+6.84% |
+20.32% Nov 2008 - Oct 2011 |
+0.56% Jan 2013 - Dec 2015 |
0.00% |
5 Years |
+6.45% |
+14.58% Nov 2008 - Oct 2013 |
+2.53% Apr 2015 - Mar 2020 |
0.00% |
7 Years |
+6.21% |
+11.05% Nov 2008 - Oct 2015 |
+3.02% Apr 2013 - Mar 2020 |
0.00% |
10 Years |
+6.71% |
+8.96% Mar 2009 - Feb 2019 |
+5.05% Apr 2010 - 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 and Yearly/Monthly Returns
High Yield Bonds Income Portfolio Seasonality
Months | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
Return (%) | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
Average | 0.2 | 0.0 | -0.1 | 2.4 | 0.1 | 0.6 | 2.0 | 0.3 | -0.5 | -0.3 | -0.2 | 2.1 |
Best |
4.7 2019 |
2.6 2014 |
3.6 2016 |
9.7 2009 |
4.2 2009 |
3.8 2012 |
6.1 2009 |
2.3 2014 |
4.9 2009 |
6.5 2011 |
4.4 2020 |
16.0 2008 |
Worst |
-3.8 2009 |
-7.1 2009 |
-11.5 2020 |
-0.9 2018 |
-3.7 2013 |
-3.1 2013 |
-1.1 2014 |
-1.7 2015 |
-7.8 2008 |
-14.8 2008 |
-2.5 2016 |
-1.8 2015 |
Gain Frequency |
50 | 64 | 57 | 92 | 46 | 62 | 85 | 62 | 54 | 62 | 38 | 77 |
Detail of Monthly Returns
Months | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Year | Return | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
2021 |
-3.16% | -1.4 | -1.6 | -0.2 | |||||||||
2020 |
+7.08% | 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% | 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% | -0.4 | -2.0 | 0.3 | -0.9 | -0.2 | -0.6 | 1.9 | -0.3 | 0.7 | -2.5 | -0.6 | -0.1 |
2017 |
+8.78% | 1.0 | 1.6 | -0.2 | 1.3 | 1.3 | 0.1 | 1.1 | 0.8 | 0.3 | 0.3 | -0.2 | 1.1 |
2016 |
+12.01% | -1.0 | 1.6 | 3.6 | 2.8 | 0.1 | 3.1 | 1.8 | 1.4 | 0.2 | -1.5 | -2.5 | 1.9 |
2015 |
-3.94% | 2.4 | 0.8 | -0.6 | 0.1 | -0.5 | -2.3 | 0.3 | -1.7 | -1.7 | 2.6 | -1.5 | -1.8 |
2014 |
+6.28% | 0.8 | 2.6 | 0.5 | 1.2 | 1.8 | 0.5 | -1.1 | 2.3 | -2.3 | 1.5 | -0.5 | -1.0 |
2013 |
-0.40% | -1.1 | 1.1 | 0.0 | 2.9 | -3.7 | -3.1 | 1.5 | -1.5 | 1.2 | 2.7 | -0.5 | 0.4 |
2012 |
+12.61% | 1.5 | 1.8 | -1.2 | 1.7 | -1.9 | 3.8 | 2.7 | 0.8 | 0.8 | 1.0 | 0.4 | 0.7 |
2011 |
+9.07% | 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% | -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% | -3.8 | -7.1 | 3.1 | 9.7 | 4.2 | 2.7 | 6.1 | 0.7 | 4.9 | -0.9 | 1.4 | 1.5 |
2008 |
-10.54% | -0.8 | -1.6 | 0.4 | 2.1 | -0.5 | -2.1 | -0.4 | 0.2 | -7.8 | -14.8 | 0.9 | 16.0 |
* 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