Roger Gibson Talmud Portfolio 2x Leveraged vs Stocks/Bonds 60/40 Portfolio Portfolio Comparison

Simulation Settings

Period: March 2010 - May 2026 (~16 years)
Consolidated Returns as of 31 May 2026

Initial Amount: 1$

Rebalancing: at every Jan 1^st

Currency: USD

Inflation: US

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Results

Inflation Adj:

As of May 2026, over the analyzed timeframe, the Roger Gibson Talmud Portfolio 2x Leveraged obtained a 13.40% compound annual return, with a 20.19% standard deviation. It suffered a maximum drawdown of -44.36% that required 53 months to be recovered.

As of May 2026, over the analyzed timeframe, the Stocks/Bonds 60/40 Portfolio obtained a 9.71% compound annual return, with a 9.54% standard deviation. It suffered a maximum drawdown of -20.69% that required 26 months to be recovered.

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.

Asset Allocations and ETFs

The compared portfolios have the following asset allocations.

Roger Gibson Talmud Portfolio 2x Leveraged

Weight (%)	Ticker	Name
33.34	SSO	ProShares Ultra S&P 500
33.33	URE	ProShares Ultra Real Estate
33.33	UST	ProShares Ultra 7-10 Year Treasury

Stocks/Bonds 60/40 Portfolio

Weight (%)	Ticker	Name
60.00	VTI	Vanguard Total Stock Market
40.00	BND	Vanguard Total Bond Market

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Portfolio Returns as of May 31, 2026

Returns are calculated in USD, assuming:

no fees or capital gain taxes.
rebalancing: at every Jan 1^st.
dividend reinvestment, when applicable.

Return Comparison

Capital Growth

Inflation Adj:

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		Return (%) as of May 31, 2026
		YTD (5M)	1M	6M	1Y	5Y	10Y	MAX (~16Y)
	Talmud Portfolio 2x Leveraged Roger Gibson	11.45	2.38	8.95	22.56	4.60	9.59	13.40
	Stocks/Bonds 60/40 -- Market Benchmark	7.07	3.29	6.93	19.63	7.95	9.84	9.71
Returns over 1 year are annualized.

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Portfolio Metrics as of May 31, 2026

The following metrics, updated as of 31 May 2026, provide an overview of performance and risk, with the best value in each row highlighted within the table.

METRIC COMPARISON

10Y

MAX

Period: ()

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	Talmud Portfolio 2x Leveraged	Stocks/Bonds 60/40
Author	Roger Gibson
ASSET ALLOCATION
Stocks	66.67%	60%
Fixed Income	33.33%	40%
Commodities	0%	0%
PERFORMANCES
Annualized Return (%)	22.56	19.63
Infl. Adjusted (%)	17.64	14.83
DRAWDOWN
Deepest Drawdown Depth (%)	-9.50	-3.69
Start to Recovery (months)	2	2
Longest Drawdown Depth (%)	-2.24	-0.13
Start to Recovery (months)	3	2
Longest Negative Period (months)	7	6
RISK INDICATORS
Standard Deviation (%)	16.77	7.98
Sharpe Ratio	1.11	1.97
Sortino Ratio	1.52	2.73
Ulcer Index	2.71	1.02
Ratio: Return / Standard Deviation	1.34	2.46
Ratio: Return / Deepest Drawdown	2.37	5.32
Metrics calculated over the period 1 June 2025 - 31 May 2026

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	Talmud Portfolio 2x Leveraged	Stocks/Bonds 60/40
Author	Roger Gibson
ASSET ALLOCATION
Stocks	66.67%	60%
Fixed Income	33.33%	40%
Commodities	0%	0%
PERFORMANCES
Annualized Return (%)	4.60	7.95
Infl. Adjusted (%)	0.12	3.33
DRAWDOWN
Deepest Drawdown Depth (%)	-44.36	-20.69
Start to Recovery (months)	53	26
Longest Drawdown Depth (%)	-44.36	-20.69
Start to Recovery (months)	53	26
Longest Negative Period (months)	56	29
RISK INDICATORS
Standard Deviation (%)	25.21	11.38
Sharpe Ratio	0.05	0.40
Sortino Ratio	0.06	0.53
Ulcer Index	23.85	7.71
Ratio: Return / Standard Deviation	0.18	0.70
Ratio: Return / Deepest Drawdown	0.10	0.38
Metrics calculated over the period 1 June 2021 - 31 May 2026

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	Talmud Portfolio 2x Leveraged	Stocks/Bonds 60/40
Author	Roger Gibson
ASSET ALLOCATION
Stocks	66.67%	60%
Fixed Income	33.33%	40%
Commodities	0%	0%
PERFORMANCES
Annualized Return (%)	9.59	9.84
Infl. Adjusted (%)	6.00	6.25
DRAWDOWN
Deepest Drawdown Depth (%)	-44.36	-20.69
Start to Recovery (months)	53	26
Longest Drawdown Depth (%)	-44.36	-20.69
Start to Recovery (months)	53	26
Longest Negative Period (months)	56	34
RISK INDICATORS
Standard Deviation (%)	21.96	10.45
Sharpe Ratio	0.34	0.73
Sortino Ratio	0.45	0.97
Ulcer Index	17.58	5.76
Ratio: Return / Standard Deviation	0.44	0.94
Ratio: Return / Deepest Drawdown	0.22	0.48
Metrics calculated over the period 1 June 2016 - 31 May 2026

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	Talmud Portfolio 2x Leveraged	Stocks/Bonds 60/40
Author	Roger Gibson
ASSET ALLOCATION
Stocks	66.67%	60%
Fixed Income	33.33%	40%
Commodities	0%	0%
PERFORMANCES
Annualized Return (%)	13.40	9.71
Infl. Adjusted (%)	10.44	6.85
DRAWDOWN
Deepest Drawdown Depth (%)	-44.36	-20.69
Start to Recovery (months)	53	26
Longest Drawdown Depth (%)	-44.36	-20.69
Start to Recovery (months)	53	26
Longest Negative Period (months)	56	34
RISK INDICATORS
Standard Deviation (%)	20.19	9.54
Sharpe Ratio	0.60	0.88
Sortino Ratio	0.80	1.17
Ulcer Index	14.13	4.73
Ratio: Return / Standard Deviation	0.66	1.02
Ratio: Return / Deepest Drawdown	0.30	0.47
Metrics calculated over the period 1 March 2010 - 31 May 2026

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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	Talmud Portfolio 2x Leveraged		Stocks/Bonds 60/40
Year	Return (%)	Drawdown (%)	Return (%)	Drawdown (%)
2026	11.45	-9.50	7.07	-3.69
2025	10.93	-7.10	13.09	-4.02
2024	12.55	-10.58	14.84	-3.62
2023	19.46	-18.58	17.79	-7.48
2022	-39.60	-42.70	-16.95	-20.69
2021	46.68	-8.28	14.66	-3.24
2020	4.10	-25.50	15.70	-12.29
2019	44.89	-3.27	21.94	-3.41
2018	-9.85	-14.56	-3.17	-8.38
2017	21.37	-0.99	14.15	0.00
2016	10.82	-11.50	8.71	-2.95
2015	0.17	-11.02	0.44	-5.24
2014	33.69	-6.02	9.85	-1.50
2013	19.08	-12.34	19.23	-2.27
2012	24.83	-5.45	11.13	-3.54
2011	9.95	-16.87	3.75	-9.00

Table of contents

Asset Allocations and ETFs

Portfolio Returns as of May 31, 2026

Portfolio Metrics as of May 31, 2026

Drawdowns

Rolling Returns

Time to Target

Yearly Returns