Data Source: from January 1994 to December 2021

Last Update: 31 December 2021

The Stocks/Bonds 40/60 Momentum Portfolio is exposed for 40% on the Stock Market.

It's a Medium Risk portfolio and it can be replicated with 2 ETFs.

In the last 10 years, the portfolio obtained a 7.87% compound annual return, with a 6.32% standard deviation.

In the last 25 years, a 6.97% compound annual return, with a 6.87% standard deviation.

Asset Allocation and ETFs

The Stocks/Bonds 40/60 Momentum Portfolio has the following asset allocation:

40% Stocks
60% Fixed Income
0% Commodities

The Stocks/Bonds 40/60 Momentum Portfolio can be replicated with the following ETFs:

Weight Ticker ETF Name Investment Themes
40.00 % PDP Invesco DWA Momentum ETF Equity, U.S., Growth
60.00 % BND Vanguard Total Bond Market Bond, U.S., All-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 Stocks/Bonds 40/60 Momentum Portfolio guaranteed the following returns.

STOCKS/BONDS 40/60 MOMENTUM PORTFOLIO RETURNS (%)
Last Update: 31 December 2021
Swipe left to see all data
1M 3M 6M 1Y 3Y(*) 5Y(*) 10Y(*) 20Y(*) 25Y(*)
Stocks/Bonds 40/60 Momentum Portfolio -0.57 +2.29 +2.19 +1.97 +12.97 +9.41 +7.87 +6.45 +6.97
--- Inflation Adjusted return -1.03 +0.08 -1.17 -4.81 +9.12 +6.30 +5.64 +4.04 +4.58
Components
PDP
Invesco DWA Momentum ETF
-0.91 +5.66 +5.47 +7.72 +25.12 +17.83 +15.17 +8.55 +8.94
BND
Vanguard Total Bond Market
-0.31 -0.04 -0.08 -1.86 +4.78 +3.54 +2.75 +4.09 +4.73
(*) 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 1.24% dividend yield. If you are interested in getting periodic income, please refer to the Stocks/Bonds 40/60 Momentum Portfolio: Dividend Yield page.

Historical Returns

Historical returns and stats of Stocks/Bonds 40/60 Momentum Portfolio. Total Returns and Inflation Adjusted Returns are both mentioned.

STOCKS/BONDS 40/60 MOMENTUM 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
-0.57%
-1.03%
-0.57%
Dec 2021 - Dec 2021
0 - 1
3M
+2.29%
+0.08%
-1.45%
Nov 2021 - Dec 2021
1 - 2
6M
+2.19%
-1.17%
-2.72%
Sep 2021 - Sep 2021
3 - 3
YTD
+1.97%
-4.81%
6.16%
-3.38%
Jan 2021 - Mar 2021
5 - 7
42% pos
1Y
+1.97%
-4.81%
6.16%
-3.38%
Jan 2021 - Mar 2021
5 - 7
42% pos
3Y
+12.97%
annualized
+9.12%
annualized
8.13%
-7.11%
Feb 2020 - Mar 2020
23 - 13
64% pos
5Y
+9.41%
annualized
+6.30%
annualized
7.48%
-7.68%
Sep 2018 - Dec 2018
40 - 20
67% pos
10Y
+7.87%
annualized
+5.64%
annualized
6.32%
-7.68%
Sep 2018 - Dec 2018
78 - 42
65% pos
20Y
+6.45%
annualized
+4.04%
annualized
6.73%
-21.90%
Nov 2007 - Feb 2009
161 - 79
67% pos
25Y
+6.97%
annualized
+4.58%
annualized
6.87%
-21.90%
Nov 2007 - Feb 2009
198 - 102
66% pos
MAX
01 Jan 1994
+7.44%
annualized
+4.97%
annualized
6.80%
-21.90%
Nov 2007 - Feb 2009
225 - 111
67% pos
(*)Annualized St.Dev. of monthly returns

Portfolio efficiency

Is the Stocks/Bonds 40/60 Momentum Portfolio actually efficient, compared to other Lazy Portfolios?

Similar portfolios, ordered by 5 Years annualized return.

These portfolios share asset allocation strategy and/or similar asset weights. Comparing their returns and drawdowns, you can get an idea of the risk you are facing implementing one of them.

5 Years Stats
% Allocation
Portfolio Return Drawdown Stocks Bonds Comm.
Stocks/Bonds 40/60 2x Leveraged
+16.41% -9.59% 40 60 0 Compare
Stocks/Bonds 40/60 with Bitcoin
+15.34% -8.64% 39 59 2 Compare
Stocks/Bonds 40/60
+9.44% -8.09% 40 60 0 Compare
Stocks/Bonds 40/60 Momentum
+9.41% -7.68% 40 60 0
Stocks/Bonds 40/60 ESG
+8.35% -6.32% 40 60 0 Compare

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

25 Years Stats
% Allocation
Portfolio Return Drawdown Stocks Bonds Comm.
Couch Potato
Scott Burns
+8.33% -27.03% 50 50 0 Compare
All Weather Portfolio
Ray Dalio
+7.89% -12.19% 30 55 15 Compare
Robo Advisor 50
Betterment
+7.63% -30.72% 49.9 50.1 0 Compare
Simplified Permanent Portfolio
+7.48% -13.28% 25 50 25 Compare
Stocks/Bonds 40/60
+7.24% -19.17% 40 60 0 Compare

See all portfolios

Our overall ratings, assigned to the Stocks/Bonds 40/60 Momentum Portfolio. The portfolio is classified as Medium 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%
Medium Risk
Portfolios
All
Portfolios
25 Years Ann. Return
(Inflation Adjusted)
+6.97%
(+4.58%)
Average : 2.8 / 5
Average : 2.9 / 5
Standard Deviation
over 25 Years
6.87%
Good : 3.2 / 5
Excellent : 4.1 / 5
Maximum Drawdown
over 25 Years
-21.90%
Good : 3.2 / 5
Good : 3.8 / 5
Easy to manage 2 ETFs
Excellent : 4.5 / 5
Excellent : 4.5 / 5
Rating assigned considering all the Medium Risk Portfolios Rating assigned considering all the Portfolios in the database

Capital Growth

Time Range:

An investment of 1000$, since January 1997, now would be worth 5391.08$, with a total return of 439.11% (6.97% annualized).

The Inflation Adjusted Capital now would be 3061.19$, with a net total return of 206.12% (4.58% 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
-21.90% Nov 2007 Feb 2009 16 Mar 2010 13 29
-9.29% Feb 2001 Sep 2002 20 May 2003 8 28
-7.68% Sep 2018 Dec 2018 4 Mar 2019 3 7
-7.11% Feb 2020 Mar 2020 2 May 2020 2 4
-5.35% Jul 1998 Aug 1998 2 Oct 1998 2 4
-4.90% Jun 2011 Sep 2011 4 Jan 2012 4 8
-4.64% Aug 2015 Jan 2016 6 Jun 2016 5 11
-4.19% May 2010 Jun 2010 2 Sep 2010 3 5
-3.38% Jan 2021 Mar 2021 3 Jul 2021 4 7
-3.34% Sep 2000 Nov 2000 3 Jan 2001 2 5
-3.20% Aug 2016 Nov 2016 4 Feb 2017 3 7
-2.80% Aug 1997 Aug 1997 1 Sep 1997 1 2
-2.72% Sep 2021 Sep 2021 1 Oct 2021 1 2
-2.66% May 2013 Jun 2013 2 Sep 2013 3 5
-2.41% Feb 2018 Apr 2018 3 May 2018 1 4
-2.41% Apr 2000 May 2000 2 Aug 2000 3 5
-2.40% Mar 1997 Mar 1997 1 Apr 1997 1 2
-2.38% Mar 2004 Apr 2004 2 Sep 2004 5 7
-2.35% Feb 1999 Feb 1999 1 Apr 1999 2 3
-2.10% Jan 2000 Jan 2000 1 Mar 2000 2 3

Rolling Returns ( more details)

Stocks/Bonds 40/60 Momentum Portfolio: annualized rolling and average returns

Swipe left to see all data
Return (*) Negative
Periods
Rolling Period Average Best Worst
1 Year
+7.96% +26.54%
Aug 1996 - Jul 1997
-19.31%
Nov 2007 - Oct 2008
12.00%
2 Years
+7.67% +20.39%
Mar 2009 - Feb 2011
-8.86%
Mar 2007 - Feb 2009
8.95%
3 Years
+7.38% +18.62%
Jan 1995 - Dec 1997
-3.51%
Mar 2006 - Feb 2009
3.65%
5 Years
+6.88% +15.96%
Jan 1995 - Dec 1999
-0.38%
Mar 2004 - Feb 2009
0.36%
7 Years
+6.54% +11.97%
Jul 1994 - Jun 2001
+1.40%
Mar 2002 - Feb 2009
0.00%
10 Years
+6.44% +9.74%
Jan 1995 - Dec 2004
+2.10%
Mar 1999 - Feb 2009
0.00%
15 Years
+6.22% +7.45%
Jan 1995 - Dec 2009
+4.98%
Feb 2001 - Jan 2016
0.00%
20 Years
+6.46% +8.07%
Dec 1994 - Nov 2014
+5.08%
Jan 1999 - Dec 2018
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 Stocks/Bonds 40/60 Momentum Portfolio: Rolling Returns page.

Seasonality

Stocks/Bonds 40/60 Momentum 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 %
0.63
71%
0.33
68%
0.37
68%
1.22
75%
0.72
68%
0.40
64%
0.81
64%
0.46
64%
0.08
43%
0.60
71%
1.13
79%
0.69
68%
Best
Year
4.0
2019
3.2
2010
4.6
2000
6.2
2020
4.1
2020
3.3
2019
5.0
1997
3.4
2000
4.3
2010
3.8
2021
5.3
2020
5.1
2008
Worst
Year
-4.4
2009
-3.8
2009
-5.5
2020
-2.3
2004
-2.4
2010
-2.6
2002
-2.5
2002
-4.9
1998
-6.7
2008
-8.5
2008
-1.8
2000
-2.7
2018
Statistics calculated for the period Jan 1994 - Dec 2021

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

Monthly/Yearly Returns

Stocks/Bonds 40/60 Momentum Portfolio monthly and yearly returns: how is the distribution of the returns recorded so far?

MONTHLY RETURNS HISTOGRAM
225 Positive Months (67%) - 111 Negative Months (33%)
Jan 1994 - 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
+1.97 -4.81 -1.5 -0.3 -1.6 1.6 -0.4 2.0 1.6 1.1 -2.7 3.8 -0.9 -0.6
2020
+19.27 +17.74 2.2 -1.7 -5.5 6.2 4.1 0.9 4.4 1.9 -0.7 -0.9 5.3 2.3
2019
+18.55 +15.93 4.0 1.9 2.4 1.6 -0.3 3.3 1.1 1.9 -1.2 0.3 1.7 0.6
2018
-2.45 -4.29 1.8 -2.1 0.2 -0.5 2.5 -0.1 0.6 3.1 -0.5 -5.3 0.7 -2.7
2017
+11.46 +9.16 1.0 2.5 0.1 1.0 1.3 0.1 1.2 1.0 -0.1 1.9 1.0 0.0
2016
+2.45 +0.39 -2.2 0.9 2.5 0.0 1.1 1.8 1.3 -0.4 -0.2 -1.7 -0.9 0.4
2015
+0.79 +0.15 1.3 1.4 0.6 -1.1 0.5 -0.8 1.5 -2.6 -0.8 2.6 -0.5 -1.2
2014
+8.37 +7.67 0.2 2.6 -1.0 0.1 2.2 0.7 -1.2 2.9 -1.2 1.5 1.7 -0.4
2013
+11.41 +9.75 1.5 0.9 1.9 1.7 -1.0 -1.7 2.5 -1.5 3.0 1.6 1.3 0.7
2012
+9.16 +7.28 2.4 2.3 1.1 1.5 -1.9 0.3 0.9 1.5 0.4 -0.3 1.1 -0.4
2011
+5.36 +2.23 1.2 1.5 1.0 2.3 0.4 -0.6 0.4 -1.3 -3.4 3.7 0.1 0.1
2010
+14.35 +12.73 -1.4 3.2 2.7 2.4 -2.4 -1.8 3.5 -1.0 4.3 2.3 0.7 1.1
2009
+13.39 +10.29 -4.4 -3.8 3.1 3.2 0.9 1.2 4.7 2.2 3.5 -2.1 3.1 1.4
2008
-14.37 -14.35 -2.9 0.2 -0.3 2.0 1.2 -2.0 -2.4 -0.5 -6.7 -8.5 0.1 5.1
2007
+6.21 +2.02 0.6 0.1 0.5 2.1 0.9 -0.8 -0.8 1.3 2.0 1.1 -0.5 -0.3
2006
+8.90 +6.22 0.9 0.5 0.1 0.4 -1.3 0.2 1.0 1.9 1.6 1.7 1.5 0.3
2005
+3.37 +0.03 -0.5 0.4 -1.0 0.1 1.9 0.4 0.9 0.4 -0.3 -1.4 2.0 0.5
2004
+6.82 +3.37 1.3 1.2 -0.1 -2.3 0.4 1.1 -0.7 1.3 0.5 1.0 1.3 1.8
2003
+13.65 +11.39 -1.0 0.3 0.0 3.8 3.3 0.4 -1.2 1.2 1.1 1.7 0.6 2.7
2002
-3.68 -6.01 0.0 -0.2 0.4 -1.3 0.3 -2.6 -2.5 1.3 -2.5 2.1 2.1 -0.6
2001
+0.36 -1.23 2.8 -3.3 -1.8 2.8 0.2 -0.6 1.0 -1.5 -2.3 1.7 1.7 -0.2
2000
+2.94 -0.48 -2.1 0.1 4.6 -1.7 -0.7 2.1 -0.1 3.4 -1.7 0.2 -1.8 1.0
1999
+7.70 +4.89 1.9 -2.4 2.0 1.8 -1.4 2.0 -1.6 -0.3 -0.2 2.8 0.7 2.2
1998
+16.62 +14.78 1.3 2.7 2.2 0.8 -0.3 2.3 -0.5 -4.9 3.7 2.9 2.6 3.0
1997
+19.06 +17.07 2.6 0.5 -2.4 3.4 3.2 2.4 5.0 -2.8 2.9 -0.3 1.9 1.4
1996
+11.14 +7.51 1.8 -0.9 0.3 0.2 0.9 1.1 -1.8 0.7 3.3 2.6 4.2 -1.5
1995
+26.13 +23.01 2.5 2.9 1.5 2.0 4.0 1.2 1.2 0.9 2.4 0.7 2.7 1.5
1994
-1.43 -3.93 2.2 -2.2 -3.1 -0.1 0.6 -1.0 2.4 1.6 -1.9 1.1 -1.8 0.8

* Note:
Portofolio Returns, up to December 2007, 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:

  • PDP - Invesco DWA Momentum ETF: simulated historical serie, up to December 2007
  • BND - Vanguard Total Bond Market: simulated historical serie, up to December 2007
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