Data Source: from January 1995 to September 2021
Last Update: 30 September 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 6.03% compound annual return, with a 7.32% standard deviation.
In the last 25 years, a 7.14% compound annual return, with a 8.65% 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(*) | 20Y(*) | 25Y(*) | |
|---|---|---|---|---|---|---|---|---|---|
| High Yield Bonds Income Portfolio | -1.38 | -0.23 | +3.34 | +5.86 | +6.70 | +4.97 | +6.03 | +6.99 | +7.14 |
| Components | |||||||||
|
EMB iShares JP Morgan USD Em Mkts Bd |
-2.64 | -1.22 | +3.01 | +3.20 | +5.43 | +3.36 | +5.14 | +8.56 | +9.45 |
|
JNK SPDR Barclays High Yield Bond ETF |
-0.24 | +0.49 | +2.64 | +9.71 | +5.76 | +5.37 | +6.11 | +5.86 | +5.56 |
|
SPLB SPDR Portfolio Long Term Corporate Bond ETF |
-2.34 | -0.59 | +5.54 | +1.69 | +10.09 | +5.85 | +6.41 | +7.01 | +7.22 |
|
HYG iShares iBoxx $ High Yield Corporate Bond |
-0.37 | +0.34 | +2.36 | +8.92 | +5.46 | +5.16 | +6.23 | +5.97 | +5.65 |
- 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 Sep 2021 |
Standard Deviation * |
Max Drawdown |
Months Pos - Neg |
|---|---|---|---|---|
|
1M
|
-1.38%
|
-1.38%
Sep 2021 - Sep 2021
|
0 - 1 | |
|
3M
|
-0.23%
|
-1.38%
Sep 2021 - Sep 2021
|
2 - 1 | |
|
6M
|
+3.34%
|
-1.38%
Sep 2021 - Sep 2021
|
5 - 1 | |
|
YTD
|
+0.07%
|
-3.16%
Jan 2021 - Mar 2021
|
5 - 4 | |
|
1Y
|
+5.86%
|
5.56%
|
-3.16%
Jan 2021 - Mar 2021
|
7 - 5 |
|
3Y
|
+6.70%
annualized
|
9.66%
|
-11.99%
Feb 2020 - Mar 2020
|
22 - 14 |
|
5Y
|
+4.97%
annualized
|
7.92%
|
-11.99%
Feb 2020 - Mar 2020
|
36 - 24 |
|
10Y
|
+6.03%
annualized
|
7.32%
|
-11.99%
Feb 2020 - Mar 2020
|
75 - 45 |
|
20Y
|
+6.99%
annualized
|
8.99%
|
-23.98%
Nov 2007 - Oct 2008
|
157 - 83 |
|
25Y
|
+7.14%
annualized
|
8.65%
|
-23.98%
Nov 2007 - Oct 2008
|
195 - 105 |
|
MAX
01 Jan 1995
|
+7.79%
annualized
|
8.49%
|
-23.98%
Nov 2007 - Oct 2008
|
213 - 108 |
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 |
+7.14% | -23.98% | 0 | 100 | 0 | ||
| All Country World 20/80 |
+6.24% | -14.04% | 20 | 80 | 0 | Compare | |
| Stocks/Bonds 20/80 |
+6.14% | -8.42% | 20 | 80 | 0 | Compare | |
| All Country World Bonds |
+5.81% | -8.82% | 0 | 100 | 0 | Compare | |
| Dimensional Retirement Income Fund DFA |
+5.77% | -12.91% | 20.4 | 79.6 | 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 |
+7.96% |
+41.19% Dec 2008 - Nov 2009 |
-23.97% Nov 2007 - Oct 2008 |
12.58% |
| 2 Years |
+7.62% |
+27.64% Nov 2008 - Oct 2010 |
-10.66% Dec 2006 - Nov 2008 |
3.69% |
| 3 Years |
+7.38% |
+20.32% Nov 2008 - Oct 2011 |
-4.59% Dec 2005 - Nov 2008 |
2.10% |
| 5 Years |
+7.29% |
+14.58% Nov 2008 - Oct 2013 |
+0.18% Mar 2004 - Feb 2009 |
0.00% |
| 7 Years |
+7.32% |
+11.05% Nov 2008 - Oct 2015 |
+3.02% Apr 2013 - Mar 2020 |
0.00% |
| 10 Years |
+7.40% |
+10.98% Jan 1995 - Dec 2004 |
+4.62% Dec 1998 - Nov 2008 |
0.00% |
| 15 Years |
+7.34% |
+9.07% Apr 1995 - Mar 2010 |
+5.41% Apr 2005 - Mar 2020 |
0.00% |
| 20 Years |
+7.30% |
+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 and Yearly/Monthly Returns
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.
| 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% |
0.13 65% |
0.65 62% |
1.74 85% |
| Best Year |
4.7 2019 |
2.6 2014 |
3.6 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 |
For further information about the seasonality, check the Asset Class Seasonality page.
Monthly Returns of High Yield Bonds Income Portfolio
| Months | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year | Return | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
| 2021 |
+0.07% | -1.4 | -1.6 | -0.2 | 1.3 | 0.4 | 1.8 | 0.8 | 0.4 | -1.4 | |||
| 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 |
| 2007 |
+3.36% | -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% | 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% | 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% | 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% | 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% | 1.4 | 1.1 | -0.1 | 1.7 | -0.2 | -3.1 | -3.5 | 4.2 | -1.0 | 1.1 | 3.4 | 2.6 |
| 2001 |
+10.89% | 4.2 | 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% | -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% | 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% | 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% | 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% | 2.4 | -2.6 | -0.3 | 0.7 | 0.5 | 1.3 | 1.2 | 1.5 | 3.5 | 1.6 | 3.4 | 0.5 |
| 1995 |
+22.64% | 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:
- 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
- SPLB - SPDR Portfolio Long Term Corporate Bond ETF: simulated historical serie, up to March 2009
- HYG - iShares iBoxx $ High Yield Corporate Bond: simulated historical serie, up to December 2007