As of June 2026, in the previous 30 Years, the Merrill Lynch Edge Select Moderate Portfolio obtained a 7.50% compound annual return, with a 9.06% standard deviation. It suffered a maximum drawdown of -29.58% that required 30 months to be recovered.

As of June 2026, in the previous 30 Years, the Stocks/Bonds 60/40 Portfolio obtained a 8.23% compound annual return, with a 9.76% standard deviation. It suffered a maximum drawdown of -30.55% that required 36 months to be recovered.

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Disclaimer: The simulations on this website are provided in good faith but should NOT be taken as investment advice. We are not liable for any errors or actions based on this information. The authors of the website are not affiliated with the portfolio creators, who are the sole owners of their intellectual property. The translation of asset allocations into ETFs is based on the interpretation of LazyPortfolioETF.com and may not exactly reflect the original intent of the portfolio creators. Content is for informational, educational, illustrative, and entertainment purposes only.

Table of contents

Asset Allocations and ETFs

The compared portfolios have the following asset allocations.

Merrill Lynch
Merrill Lynch Edge Select Moderate Portfolio
Weight
(%)		 Ticker Name
19.00
VUG
Vanguard Growth
13.00
VEU
Vanguard FTSE All-World ex-US
12.00
VTV
Vanguard Value
5.00
EEM
iShares MSCI Emerging Markets
2.00
IJS
iShares S&P Small-Cap 600 Value
2.00
IJT
iShares S&P Small-Cap 600 Growth
14.00
IEI
iShares 3-7 Year Treasury Bond
14.00
LQD
iShares Investment Grade Corporate Bond
11.00
MBB
iShares MBS
4.00
HYG
iShares iBoxx $ High Yield Corporate Bond
2.00
BIL
SPDR Blmbg Barclays 1-3 Mth T-Bill
2.00
BNDX
Vanguard Total International Bond
Stocks/Bonds 60/40 Portfolio
Weight
(%)		 Ticker Name
60.00
VTI
Vanguard Total Stock Market
40.00
BND
Vanguard Total Bond Market

Portfolio Returns as of Jun 30, 2026

Return Comparison
Capital Growth
Inflation Adj:
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Return (%) as of Jun 30, 2026
YTD
(6M) 		1M 6M 1Y 5Y 10Y 30Y MAX
(~42Y)
http://www.lazyportfolioetf.com/wp-content/lzp-assets/img/author/avatar_merrill_lynch.webp Edge Select Moderate
Merrill Lynch 		7.49 0.09 7.49 15.61 6.55 8.46 7.50 9.32
http://www.lazyportfolioetf.com/wp-content/lzp-assets/img/author/avatar_us_author.webp Stocks/Bonds 60/40
-- Market Benchmark 		6.92 -0.14 6.92 15.21 7.52 9.72 8.23 9.59
Returns over 1 year are annualized.

Portfolio Metrics as of Jun 30, 2026

The following metrics, updated as of 30 June 2026, provide an overview of performance and risk, with the best value in each row highlighted within the table.

METRIC COMPARISON
1Y
5Y
10Y
30Y
MAX
Period: ()
Swipe left to see all data
Edge Select Moderate Stocks/Bonds 60/40
Author Merrill Lynch
ASSET ALLOCATION
Stocks 53% 60%
Fixed Income 47% 40%
Commodities 0% 0%
PERFORMANCES
Annualized Return (%) 15.61 15.21
Infl. Adjusted (%) 11.29 10.91
DRAWDOWN
Deepest Drawdown Depth (%) -4.06 -3.69
Start to Recovery (months) 2 2
Longest Drawdown Depth (%) -4.06 -0.13
Start to Recovery (months) 2 2
Longest Negative Period (months) 5 6
RISK INDICATORS
Standard Deviation (%) 7.37 7.79
Sharpe Ratio 1.60 1.46
Sortino Ratio 2.10 2.11
Ulcer Index 1.13 1.03
Ratio: Return / Standard Deviation 2.12 1.95
Ratio: Return / Deepest Drawdown 3.85 4.12
Metrics calculated over the period 1 July 2025 - 30 June 2026
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Edge Select Moderate Stocks/Bonds 60/40
Author Merrill Lynch
ASSET ALLOCATION
Stocks 53% 60%
Fixed Income 47% 40%
Commodities 0% 0%
PERFORMANCES
Annualized Return (%) 6.55 7.52
Infl. Adjusted (%) 2.16 3.08
DRAWDOWN
Deepest Drawdown Depth (%) -20.56 -20.69
Start to Recovery (months) 27 26
Longest Drawdown Depth (%) -20.56 -20.69
Start to Recovery (months) 27 26
Longest Negative Period (months) 32 29
RISK INDICATORS
Standard Deviation (%) 10.48 11.37
Sharpe Ratio 0.29 0.36
Sortino Ratio 0.39 0.48
Ulcer Index 7.40 7.71
Ratio: Return / Standard Deviation 0.63 0.66
Ratio: Return / Deepest Drawdown 0.32 0.36
Metrics calculated over the period 1 July 2021 - 30 June 2026
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Edge Select Moderate Stocks/Bonds 60/40
Author Merrill Lynch
ASSET ALLOCATION
Stocks 53% 60%
Fixed Income 47% 40%
Commodities 0% 0%
PERFORMANCES
Annualized Return (%) 8.46 9.72
Infl. Adjusted (%) 4.94 6.16
DRAWDOWN
Deepest Drawdown Depth (%) -20.56 -20.69
Start to Recovery (months) 27 26
Longest Drawdown Depth (%) -20.56 -20.69
Start to Recovery (months) 27 26
Longest Negative Period (months) 35 34
RISK INDICATORS
Standard Deviation (%) 9.45 10.45
Sharpe Ratio 0.66 0.72
Sortino Ratio 0.87 0.95
Ulcer Index 5.51 5.76
Ratio: Return / Standard Deviation 0.89 0.93
Ratio: Return / Deepest Drawdown 0.41 0.47
Metrics calculated over the period 1 July 2016 - 30 June 2026
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Edge Select Moderate Stocks/Bonds 60/40
Author Merrill Lynch
ASSET ALLOCATION
Stocks 53% 60%
Fixed Income 47% 40%
Commodities 0% 0%
PERFORMANCES
Annualized Return (%) 7.50 8.23
Infl. Adjusted (%) 4.82 5.54
DRAWDOWN
Deepest Drawdown Depth (%) -29.58 -30.55
Start to Recovery (months) 30 36
Longest Drawdown Depth (%) -15.42 -21.56
Start to Recovery (months) 38 41
Longest Negative Period (months) 52 110
RISK INDICATORS
Standard Deviation (%) 9.06 9.76
Sharpe Ratio 0.58 0.62
Sortino Ratio 0.77 0.81
Ulcer Index 5.96 6.91
Ratio: Return / Standard Deviation 0.83 0.84
Ratio: Return / Deepest Drawdown 0.25 0.27
Metrics calculated over the period 1 July 1996 - 30 June 2026
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Edge Select Moderate Stocks/Bonds 60/40
Author Merrill Lynch
ASSET ALLOCATION
Stocks 53% 60%
Fixed Income 47% 40%
Commodities 0% 0%
PERFORMANCES
Annualized Return (%) 9.32 9.59
Infl. Adjusted (%) 6.33 6.59
DRAWDOWN
Deepest Drawdown Depth (%) -29.58 -30.55
Start to Recovery (months) 30 36
Longest Drawdown Depth (%) -15.42 -21.56
Start to Recovery (months) 38 41
Longest Negative Period (months) 52 110
RISK INDICATORS
Standard Deviation (%) 9.09 9.75
Sharpe Ratio 0.68 0.66
Sortino Ratio 0.89 0.86
Ulcer Index 5.35 6.23
Ratio: Return / Standard Deviation 1.03 0.98
Ratio: Return / Deepest Drawdown 0.32 0.31
Metrics calculated over the period 1 January 1985 - 30 June 2026
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Drawdowns

A drawdown refers to the decline in value from a relative peak value to a relative trough. A maximum drawdown is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained.

DRAWDOWN COMPARISON
Inflation Adj:

Rolling Returns

By selecting the 'Rolling Period', the chart and data will update. To study a different date range, change the Simulation Settings.

You can explore the Rolling Returns for a single portfolio, or check the return differential, by switching on "Head To Head" toggle.

Rolling Returns Comparison
Annualized Rolling Returns Chart

Time to Target

What it shows: Months to reach your target capital from each historical entry point, accounting for your initial investment and periodic contributions.

Time to Target Comparison
Time to reach your Target Capital

Yearly Returns

For each year, the following table provides the return and intra-year drawdown. The highlighted returns represent the highest values for that specific year.

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Edge Select Moderate Stocks/Bonds 60/40
Year Return
(%)		 Drawdown
(%)		 Return
(%)		 Drawdown
(%)
2026
 7.49 -4.06 6.92 -3.69
2025
 15.15 -2.02 13.09 -4.02
2024
 10.52 -2.94 14.84 -3.62
2023
 16.31 -7.35 17.79 -7.48
2022
 -16.06 -20.56 -16.95 -20.69
2021
 9.66 -2.75 14.66 -3.24
2020
 13.88 -10.96 15.70 -12.29
2019
 19.44 -3.06 21.94 -3.41
2018
 -4.47 -7.17 -3.17 -8.38
2017
 15.00 0.00 14.15 0.00
2016
 7.31 -2.51 8.71 -2.95
2015
 -1.02 -6.05 0.44 -5.24
2014
 6.15 -2.15 9.85 -1.50
2013
 12.89 -2.80 19.23 -2.27
2012
 11.74 -4.35 11.13 -3.54
2011
 1.36 -9.65 3.75 -9.00
2010
 11.88 -5.89 12.93 -7.13
2009
 21.52 -11.06 18.79 -11.70
2008
 -18.62 -22.60 -19.44 -22.19
2007
 8.20 -2.71 5.99 -3.07
2006
 12.10 -2.46 11.12 -2.03
2005
 6.80 -2.45 4.74 -2.34
2004
 10.27 -2.82 9.37 -2.68
2003
 21.24 -1.84 20.04 -1.99
2002
 -5.21 -10.16 -8.98 -13.74
2001
 -2.83 -10.45 -3.21 -11.68
2000
 -1.46 -6.21 -1.79 -8.27
1999
 14.10 -2.41 13.98 -3.76
1998
 14.87 -7.97 17.39 -10.18
1997
 14.53 -4.08 22.37 -3.12
1996
 10.99 -2.45 14.01 -3.33
1995
 22.46 -0.02 28.74 -0.20
1994
 -0.46 -5.84 -1.16 -6.47
1993
 17.25 -2.24 10.25 -1.36
1992
 4.97 -2.63 8.32 -1.65
1991
 28.12 -3.00 25.53 -2.86
1990
 -1.02 -10.40 -0.19 -8.52
1989
 23.35 -0.80 22.33 -1.36
1988
 14.65 -2.43 13.33 -2.24
1987
 4.00 -15.26 2.18 -19.17
1986
 21.58 -4.43 14.79 -5.58
1985
 29.83 -1.40 27.66 -2.15
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