Data Source: from January 1996 to September 2021
Last Update: 30 September 2021
The Developed World ex-US 60/40 Portfolio is exposed for 60% on the Stock Market.
It's a High Risk portfolio and it can be replicated with 2 ETFs.
In the last 10 years, the portfolio obtained a 7.04% compound annual return, with a 8.64% standard deviation.
In the last 25 years, a 5.89% compound annual return, with a 10.11% standard deviation.
In 2020, the portfolio granted a 1.79% dividend yield. If you are interested in getting periodic income, please refer to the Developed World ex-US 60/40 Portfolio: Dividend Yield page.
Asset Allocation and ETFs
The Developed World ex-US 60/40 Portfolio has the following asset allocation:
The Developed World ex-US 60/40 Portfolio can be replicated with the following ETFs:
| Weight | Ticker | ETF Name | Investment Themes | |
|---|---|---|---|---|
| 60.00 % | VEA | Vanguard FTSE Developed Markets | Equity, EAFE, Large Cap | |
| 40.00 % | BNDX | Vanguard Total International Bond | Bond, Developed Markets, All-Term |
Portfolio and ETF Returns
The Developed World ex-US 60/40 Portfolio guaranteed the following returns.
| 1M | 3M | 6M | 1Y | 3Y(*) | 5Y(*) | 10Y(*) | 20Y(*) | 25Y(*) | |
|---|---|---|---|---|---|---|---|---|---|
| Developed World ex-US 60/40 Portfolio | -2.53 | -1.03 | +2.54 | +14.78 | +6.79 | +6.80 | +7.04 | +6.55 | +5.89 |
| Components | |||||||||
|
VEA Vanguard FTSE Developed Markets |
-3.38 | -1.62 | +4.04 | +26.63 | +8.23 | +9.20 | +8.70 | +6.84 | +5.42 |
|
BNDX Vanguard Total International Bond |
-1.08 | -0.03 | +0.15 | -1.08 | +3.98 | +2.63 | +4.08 | +5.06 | +5.33 |
- 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 Developed World ex-US 60/40 Portfolio: Dividend Yield page.
Historical Returns
Developed World ex-US 60/40 Portfolio - Historical returns and stats.
| Period | Returns Sep 2021 |
Standard Deviation * |
Max Drawdown |
Months Pos - Neg |
|---|---|---|---|---|
|
1M
|
-2.53%
|
-2.53%
Sep 2021 - Sep 2021
|
0 - 1 | |
|
3M
|
-1.03%
|
-2.53%
Sep 2021 - Sep 2021
|
2 - 1 | |
|
6M
|
+2.54%
|
-2.53%
Sep 2021 - Sep 2021
|
4 - 2 | |
|
YTD
|
+4.38%
|
-2.53%
Sep 2021 - Sep 2021
|
6 - 3 | |
|
1Y
|
+14.78%
|
9.36%
|
-2.53%
Sep 2021 - Sep 2021
|
8 - 4 |
|
3Y
|
+6.79%
annualized
|
10.89%
|
-14.55%
Jan 2020 - Mar 2020
|
23 - 13 |
|
5Y
|
+6.80%
annualized
|
8.98%
|
-14.55%
Jan 2020 - Mar 2020
|
41 - 19 |
|
10Y
|
+7.04%
annualized
|
8.64%
|
-14.55%
Jan 2020 - Mar 2020
|
78 - 42 |
|
20Y
|
+6.55%
annualized
|
10.13%
|
-37.48%
Nov 2007 - Feb 2009
|
151 - 89 |
|
25Y
|
+5.89%
annualized
|
10.11%
|
-37.48%
Nov 2007 - Feb 2009
|
184 - 116 |
|
MAX
01 Jan 1996
|
+5.86%
annualized
|
9.98%
|
-37.48%
Nov 2007 - Feb 2009
|
190 - 119 |
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. | ||
| Developed World ex-US 60/40 Momentum |
+7.20% | -10.53% | 60 | 40 | 0 | Compare | |
| Developed World ex-US 60/40 |
+6.80% | -14.55% | 60 | 40 | 0 | ||
Best Classic Portfolios, with High Risk, ordered by 25 Years annualized return.
25 Years Stats |
% Allocation |
||||||
|---|---|---|---|---|---|---|---|
| Portfolio | Return▾ | Drawdown | Stocks | Bonds | Comm. | ||
| Yale Endowment David Swensen |
+8.94% | -39.46% | 70 | 30 | 0 | Compare | |
| Simple Path to Wealth JL Collins |
+8.92% | -38.54% | 75 | 25 | 0 | Compare | |
| Talmud Portfolio Roger Gibson |
+8.85% | -40.18% | 66.67 | 33.33 | 0 | Compare | |
| Late Sixties and Beyond Burton Malkiel |
+8.64% | -41.80% | 71 | 29 | 0 | Compare | |
| Lazy Portfolio David Swensen |
+8.43% | -40.88% | 70 | 30 | 0 | Compare | |
Capital Growth
Drawdowns
Rolling Returns ( more details)
Developed World ex-US 60/40 Portfolio: annualized rolling and average returns
| Return (*) | Negative Periods |
|||
|---|---|---|---|---|
| Rolling Period | Average | Best | Worst | |
| 1 Year |
+6.51% |
+39.00% Mar 2009 - Feb 2010 |
-33.11% Mar 2008 - Feb 2009 |
28.19% |
| 2 Years |
+6.06% |
+26.31% Mar 2009 - Feb 2011 |
-16.73% Mar 2007 - Feb 2009 |
19.58% |
| 3 Years |
+5.92% |
+20.05% Apr 2003 - Mar 2006 |
-8.00% Apr 2000 - Mar 2003 |
13.87% |
| 5 Years |
+5.69% |
+16.08% Nov 2002 - Oct 2007 |
-0.70% Jun 2007 - May 2012 |
0.40% |
| 7 Years |
+5.82% |
+10.00% Apr 2003 - Mar 2010 |
+1.82% Apr 1996 - Mar 2003 |
0.00% |
| 10 Years |
+5.97% |
+9.01% Dec 1997 - Nov 2007 |
+2.71% Mar 1999 - Feb 2009 |
0.00% |
| 15 Years |
+5.91% |
+7.92% Feb 2003 - Jan 2018 |
+4.45% Apr 2005 - Mar 2020 |
0.00% |
| 20 Years |
+5.63% |
+6.55% Oct 2001 - Sep 2021 |
+4.11% 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 Developed World ex-US 60/40 Portfolio: Rolling Returns page.
Seasonality and Yearly/Monthly Returns
Developed World ex-US 60/40 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 % |
-0.27 50% |
0.29 62% |
0.62 65% |
1.82 77% |
0.02 54% |
0.24 46% |
0.73 62% |
-0.29 58% |
0.11 65% |
0.63 64% |
0.84 68% |
1.53 68% |
| Best Year |
4.9 2019 |
4.4 1998 |
4.8 2009 |
7.2 2009 |
8.2 2009 |
4.2 2012 |
7.6 2009 |
3.7 2009 |
5.4 2010 |
7.2 1998 |
8.3 2020 |
6.5 2008 |
| Worst Year |
-7.9 2009 |
-6.0 2009 |
-9.9 2020 |
-3.1 2000 |
-6.6 2012 |
-5.5 2008 |
-5.5 2002 |
-6.8 1998 |
-8.5 2008 |
-12.4 2008 |
-3.4 2008 |
-2.7 2018 |
For further information about the seasonality, check the Asset Class Seasonality page.
Monthly Returns of Developed World ex-US 60/40 Portfolio
| Months | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year | Return | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
| 2021 |
+4.38% | -0.7 | 0.8 | 1.7 | 1.8 | 2.2 | -0.5 | 0.9 | 0.7 | -2.5 | |||
| 2020 |
+7.71% | -1.0 | -4.2 | -9.9 | 4.6 | 3.2 | 2.2 | 1.9 | 2.6 | -0.7 | -1.9 | 8.3 | 3.5 |
| 2019 |
+16.72% | 4.9 | 1.5 | 1.0 | 1.8 | -2.8 | 4.2 | -0.8 | -0.3 | 1.7 | 1.8 | 0.7 | 2.1 |
| 2018 |
-7.73% | 2.6 | -3.0 | 0.2 | 0.7 | -1.0 | -0.8 | 1.4 | -1.0 | 0.3 | -5.1 | 0.5 | -2.7 |
| 2017 |
+16.81% | 1.8 | 1.0 | 1.9 | 1.6 | 2.4 | 0.2 | 1.9 | 0.4 | 1.5 | 1.4 | 0.6 | 1.2 |
| 2016 |
+3.45% | -2.8 | -1.3 | 4.4 | 1.3 | 0.1 | -0.4 | 2.8 | 0.3 | 1.0 | -1.9 | -1.4 | 1.6 |
| 2015 |
+0.25% | 1.1 | 3.6 | -0.6 | 2.0 | -0.2 | -2.3 | 1.4 | -4.7 | -2.1 | 4.2 | -0.4 | -1.3 |
| 2014 |
-0.09% | -2.6 | 3.7 | -0.1 | 1.2 | 1.4 | 0.9 | -1.2 | 0.7 | -2.5 | 0.1 | 0.4 | -1.8 |
| 2013 |
+12.77% | 2.2 | -0.4 | 1.0 | 3.6 | -2.7 | -2.5 | 3.4 | -1.2 | 5.1 | 2.3 | 0.5 | 1.1 |
| 2012 |
+14.95% | 3.9 | 3.0 | 0.4 | -1.0 | -6.6 | 4.2 | 0.9 | 2.3 | 2.2 | 0.7 | 2.0 | 2.7 |
| 2011 |
-3.94% | 1.4 | 2.4 | -1.5 | 4.1 | -1.3 | -0.9 | -0.6 | -4.9 | -6.2 | 5.5 | -1.4 | 0.0 |
| 2010 |
+8.42% | -2.5 | 0.6 | 3.9 | -1.1 | -6.4 | -0.3 | 6.5 | -0.8 | 5.4 | 2.4 | -3.3 | 4.5 |
| 2009 |
+22.61% | -7.9 | -6.0 | 4.8 | 7.2 | 8.2 | -0.4 | 7.6 | 3.7 | 3.1 | -1.4 | 2.8 | 0.4 |
| 2008 |
-25.33% | -3.4 | 0.0 | -0.3 | 2.7 | 0.3 | -5.5 | -1.6 | -2.0 | -8.5 | -12.4 | -3.4 | 6.5 |
| 2007 |
+8.69% | 0.7 | 0.6 | 1.6 | 2.4 | 1.1 | -0.2 | -0.8 | -0.3 | 3.7 | 3.1 | -2.0 | -1.3 |
| 2006 |
+16.94% | 3.7 | -0.3 | 2.0 | 3.0 | -2.1 | -0.2 | 1.0 | 2.1 | 0.4 | 2.6 | 2.3 | 1.5 |
| 2005 |
+10.15% | -0.9 | 2.4 | -1.2 | -0.7 | 0.1 | 1.0 | 1.8 | 2.3 | 2.4 | -2.0 | 1.3 | 3.5 |
| 2004 |
+14.59% | 1.0 | 1.9 | 0.6 | -2.0 | 0.4 | 1.7 | -2.0 | 0.8 | 1.7 | 2.3 | 4.5 | 3.0 |
| 2003 |
+24.77% | -2.1 | -0.7 | -1.3 | 5.8 | 4.3 | 1.4 | 0.9 | 1.4 | 2.5 | 3.6 | 1.5 | 5.5 |
| 2002 |
-5.65% | -3.0 | 0.6 | 3.1 | 0.7 | 1.2 | -2.0 | -5.5 | 0.3 | -5.5 | 2.9 | 2.7 | -0.9 |
| 2001 |
-8.83% | 0.8 | -4.1 | -3.1 | 4.0 | -2.2 | -2.4 | 0.3 | -0.9 | -5.1 | 2.7 | 1.2 | 0.2 |
| 2000 |
-4.89% | -4.1 | 2.2 | 2.8 | -3.1 | -1.2 | 2.7 | -2.1 | 0.6 | -2.3 | -1.2 | -1.5 | 2.4 |
| 1999 |
+22.89% | 1.5 | -1.9 | 3.1 | 3.6 | -3.2 | 2.6 | 2.2 | 0.9 | 1.2 | 2.5 | 3.3 | 5.5 |
| 1998 |
+16.75% | 2.8 | 4.4 | 1.3 | 1.2 | 0.1 | -0.2 | 0.1 | -6.8 | 1.4 | 7.2 | 1.9 | 2.9 |
| 1997 |
-2.77% | -4.0 | 0.5 | -0.8 | -0.3 | 5.9 | 3.4 | -0.4 | -4.0 | 3.6 | -3.5 | -2.4 | -0.5 |
| 1996 |
+4.67% | -0.4 | 0.2 | 1.3 | 2.5 | -0.8 | 0.4 | -1.0 | 0.3 | 1.3 | 0.0 | 2.4 | -1.3 |
* Note: Portofolio Returns, up to December 2013, 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:
- VEA - Vanguard FTSE Developed Markets: simulated historical serie, up to December 2007
- BNDX - Vanguard Total International Bond: simulated historical serie, up to December 2013