Developed World ex-US 20/80 Portfolio vs The Lazy Team High Yield Bonds Income Portfolio Portfolio Comparison

Simulation Settings

Period: January 1985 - March 2026 (~41 years)
Consolidated Returns as of 31 March 2026

Initial Amount: 1$

Rebalancing: at every Jan 1^st

Currency: USD

Inflation: US

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Results

30 Years
(1996/04 - 2026/03)

All Data
(1985/01 - 2026/03)

Inflation Adjusted:

Developed World ex-US 20/80 Portfolio

1.00$
Invested Capital
April 1996
4.50$
Final Capital
March 2026
5.14%
Yearly Return
5.25%
Std Deviation
-16.80%
Max Drawdown
43months
Recovery Period

1.00$
Invested Capital
April 1996
2.12$
Final Capital
March 2026
2.53%
Yearly Return
5.25%
Std Deviation
-25.20%
Max Drawdown
63months*
Recovery Period
* in progress

1.00$
Invested Capital
January 1985
17.27$
Final Capital
March 2026
7.15%
Yearly Return
5.80%
Std Deviation
-16.80%
Max Drawdown
43months
Recovery Period

1.00$
Invested Capital
January 1985
5.52$
Final Capital
March 2026
4.23%
Yearly Return
5.80%
Std Deviation
-25.20%
Max Drawdown
63months*
Recovery Period
* in progress

The Lazy Team High Yield Bonds Income Portfolio

1.00$
Invested Capital
April 1996
6.49$
Final Capital
March 2026
6.43%
Yearly Return
8.78%
Std Deviation
-23.97%
Max Drawdown
21months
Recovery Period

1.00$
Invested Capital
April 1996
3.05$
Final Capital
March 2026
3.79%
Yearly Return
8.78%
Std Deviation
-29.88%
Max Drawdown
63months*
Recovery Period
* in progress

1.00$
Invested Capital
January 1985
21.20$
Final Capital
March 2026
7.69%
Yearly Return
8.08%
Std Deviation
-23.97%
Max Drawdown
21months
Recovery Period

1.00$
Invested Capital
January 1985
6.77$
Final Capital
March 2026
4.75%
Yearly Return
8.08%
Std Deviation
-29.88%
Max Drawdown
63months*
Recovery Period
* in progress

As of March 2026, in the previous 30 Years, the Developed World ex-US 20/80 Portfolio obtained a 5.14% compound annual return, with a 5.25% standard deviation. It suffered a maximum drawdown of -16.80% that required 43 months to be recovered.

As of March 2026, in the previous 30 Years, the The Lazy Team High Yield Bonds Income Portfolio obtained a 6.43% compound annual return, with a 8.78% standard deviation. It suffered a maximum drawdown of -23.97% that required 21 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.

Resources & Extras

Asset Allocations and ETFs

The compared portfolios have the following asset allocations.

Developed World ex-US 20/80 Portfolio

Weight (%)	Ticker	Name
20.00	VEA	Vanguard FTSE Developed Markets
80.00	BNDX	Vanguard Total International Bond

The Lazy Team High Yield Bonds Income Portfolio

Weight (%)	Ticker	Name
25.00	EMB	iShares JP Morgan USD Em Mkts Bd
25.00	JNK	SPDR Barclays High Yield Bond ETF
25.00	SPLB	SPDR Portfolio Long Term Corporate Bond ETF
25.00	HYG	iShares iBoxx $ High Yield Corporate Bond

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Portfolio Returns as of Mar 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

30 Years
(1996/04 - 2026/03)

All Data
(1985/01 - 2026/03)

Inflation Adjusted:

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	Initial Amount $	Final Amount $	Total Return (%)	Annualized (%)
Developed World ex-US 20/80	1 $	4.50 $	349.68%	5.14%
High Yield Bonds Income The Lazy Team	1 $	6.49 $	548.89%	6.43%
	Apr 1996	Mar 2026

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	Initial Amount $	Final Amount $	Total Return (%)	Annualized (%)
Developed World ex-US 20/80	1 $	2.12 $	111.65%	2.53%
High Yield Bonds Income The Lazy Team	1 $	3.05 $	205.42%	3.79%
	Apr 1996	Mar 2026

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	Initial Amount $	Final Amount $	Total Return (%)	Annualized (%)
Developed World ex-US 20/80	1 $	17.27 $	1 627.16%	7.15%
High Yield Bonds Income The Lazy Team	1 $	21.20 $	2 020.37%	7.69%
	Jan 1985	Mar 2026

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	Initial Amount $	Final Amount $	Total Return (%)	Annualized (%)
Developed World ex-US 20/80	1 $	5.52 $	451.54%	4.23%
High Yield Bonds Income The Lazy Team	1 $	6.77 $	577.10%	4.75%
	Jan 1985	Mar 2026

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		Return (%) as of Mar 31, 2026
		YTD (3M)	1M	6M	1Y	5Y	10Y	30Y	MAX (~41Y)
	Developed World ex-US 20/80 -- Market Benchmark	0.45	-3.54	2.11	8.41	2.03	3.36	5.14	7.15
	High Yield Bonds Income The Lazy Team	-0.78	-2.13	0.41	6.78	1.88	4.05	6.43	7.69
Returns over 1 year are annualized.

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Portfolio Metrics as of Mar 31, 2026

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

METRIC COMPARISON

Period: 1 April 2025 - 31 March 2026 (1 year)

Period: 1 April 2021 - 31 March 2026 (5 years)

Period: 1 April 2016 - 31 March 2026 (10 years)

Period: 1 April 1996 - 31 March 2026 (30 years)

Period: 1 January 1985 - 31 March 2026 (~41 years)

1 Year

5 Years

10 Years

30 Years

All (1985/01 - 2026/03)

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	Developed World ex-US 20/80	High Yield Bonds Income
Author		The Lazy Team
ASSET ALLOCATION
Stocks	20%	0%
Fixed Income	80%	100%
Commodities	0%	0%
PERFORMANCES
Annualized Return (%)	8.41	6.78
Infl. Adjusted (%)	4.90	3.33
DRAWDOWN
Deepest Drawdown Depth (%)	-3.54	-2.13
Start to Recovery (months)	1*	1*
Longest Drawdown Depth (%)	-0.40	-0.45
Start to Recovery (months)	2	2
Longest Negative Period (months)	2*	5*
Drawdowns / Negative periods marked with * are in progress
RISK INDICATORS
Standard Deviation (%)	5.16	3.79
Sharpe Ratio	0.85	0.74
Sortino Ratio	1.00	0.94
Ulcer Index	0.99	0.60
Ratio: Return / Standard Deviation	1.63	1.79
Ratio: Return / Deepest Drawdown	2.38	3.18
Metrics calculated over the period 1 April 2025 - 31 March 2026

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	Developed World ex-US 20/80	High Yield Bonds Income
Author		The Lazy Team
ASSET ALLOCATION
Stocks	20%	0%
Fixed Income	80%	100%
Commodities	0%	0%
PERFORMANCES
Annualized Return (%)	2.03	1.88
Infl. Adjusted (%)	-2.37	-2.52
DRAWDOWN
Deepest Drawdown Depth (%)	-16.80	-21.84
Start to Recovery (months)	43	46
Longest Drawdown Depth (%)	-16.80	-21.84
Start to Recovery (months)	43	46
Longest Negative Period (months)	44	47
RISK INDICATORS
Standard Deviation (%)	6.84	9.27
Sharpe Ratio	-0.18	-0.15
Sortino Ratio	-0.25	-0.21
Ulcer Index	7.06	9.61
Ratio: Return / Standard Deviation	0.30	0.20
Ratio: Return / Deepest Drawdown	0.12	0.09
Metrics calculated over the period 1 April 2021 - 31 March 2026

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	Developed World ex-US 20/80	High Yield Bonds Income
Author		The Lazy Team
ASSET ALLOCATION
Stocks	20%	0%
Fixed Income	80%	100%
Commodities	0%	0%
PERFORMANCES
Annualized Return (%)	3.36	4.05
Infl. Adjusted (%)	0.03	0.69
DRAWDOWN
Deepest Drawdown Depth (%)	-16.80	-21.84
Start to Recovery (months)	43	46
Longest Drawdown Depth (%)	-16.80	-21.84
Start to Recovery (months)	43	46
Longest Negative Period (months)	59	65
RISK INDICATORS
Standard Deviation (%)	5.61	8.69
Sharpe Ratio	0.22	0.22
Sortino Ratio	0.29	0.29
Ulcer Index	5.08	7.05
Ratio: Return / Standard Deviation	0.60	0.47
Ratio: Return / Deepest Drawdown	0.20	0.19
Metrics calculated over the period 1 April 2016 - 31 March 2026

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	Developed World ex-US 20/80	High Yield Bonds Income
Author		The Lazy Team
ASSET ALLOCATION
Stocks	20%	0%
Fixed Income	80%	100%
Commodities	0%	0%
PERFORMANCES
Annualized Return (%)	5.14	6.43
Infl. Adjusted (%)	2.53	3.79
DRAWDOWN
Deepest Drawdown Depth (%)	-16.80	-23.97
Start to Recovery (months)	43	21
Longest Drawdown Depth (%)	-16.80	-21.84
Start to Recovery (months)	43	46
Longest Negative Period (months)	59	65
RISK INDICATORS
Standard Deviation (%)	5.25	8.78
Sharpe Ratio	0.55	0.48
Sortino Ratio	0.74	0.64
Ulcer Index	3.74	5.14
Ratio: Return / Standard Deviation	0.98	0.73
Ratio: Return / Deepest Drawdown	0.31	0.27
Metrics calculated over the period 1 April 1996 - 31 March 2026

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	Developed World ex-US 20/80	High Yield Bonds Income
Author		The Lazy Team
ASSET ALLOCATION
Stocks	20%	0%
Fixed Income	80%	100%
Commodities	0%	0%
PERFORMANCES
Annualized Return (%)	7.15	7.69
Infl. Adjusted (%)	4.23	4.75
DRAWDOWN
Deepest Drawdown Depth (%)	-16.80	-23.97
Start to Recovery (months)	43	21
Longest Drawdown Depth (%)	-16.80	-21.84
Start to Recovery (months)	43	46
Longest Negative Period (months)	59	65
RISK INDICATORS
Standard Deviation (%)	5.80	8.08
Sharpe Ratio	0.69	0.56
Sortino Ratio	0.96	0.74
Ulcer Index	3.40	4.60
Ratio: Return / Standard Deviation	1.23	0.95
Ratio: Return / Deepest Drawdown	0.43	0.32
Metrics calculated over the period 1 January 1985 - 31 March 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

Period: 1 April 1996 - 31 March 2026 (30 years)

Period: 1 January 1985 - 31 March 2026 (~41 years)

30 Years
(1996/04 - 2026/03)

Chart Table

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Developed World ex-US 20/80			High Yield Bonds Income
Drawdown (%)	Recovery (#Months)	From To	Drawdown (%)	Recovery (#Months)	From To
			-23.97	21	Nov 2007 Jul 2009
			-21.84	46	Sep 2021 Jun 2025
-16.80	43	Aug 2021 Feb 2025
-15.55	18	Mar 2008 Aug 2009
			-11.99	6	Feb 2020 Jul 2020
			-8.48	9	Aug 1998 Apr 1999
			-7.79	16	Mar 2015 Jun 2016
-7.46	22	Dec 1996 Sep 1998
			-6.71	10	May 2013 Feb 2014
			-6.70	7	May 2002 Nov 2002
-5.99	6	Feb 2020 Jul 2020
			-4.56	5	Apr 2004 Aug 2004
			-4.53	14	Jan 2018 Feb 2019
-4.48	8	May 2013 Dec 2013
			-4.40	3	Aug 2011 Oct 2011

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Developed World ex-US 20/80			High Yield Bonds Income
Drawdown (%)	Recovery (#Months)	From To	Drawdown (%)	Recovery (#Months)	From To
			-23.97	21	Nov 2007 Jul 2009
			-21.84	46	Sep 2021 Jun 2025
-16.80	43	Aug 2021 Feb 2025
-15.55	18	Mar 2008 Aug 2009
			-11.99	6	Feb 2020 Jul 2020
			-8.48	9	Aug 1998 Apr 1999
			-7.89	7	Aug 1990 Feb 1991
			-7.79	16	Mar 2015 Jun 2016
			-7.63	12	Mar 1987 Feb 1988
-7.46	22	Dec 1996 Sep 1998
			-7.41	16	Feb 1994 May 1995
-7.02	7	Jan 1990 Jul 1990
			-6.71	10	May 2013 Feb 2014
			-6.70	7	May 2002 Nov 2002
-6.51	18	Feb 1994 Jul 1995

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

Rolling Returns Chart - Inflation Adjusted

Time Period: 1 January 1985 - 31 March 2026 (~41 years)

Rolling Period:

Developed World ex-US 20/80
High Yield Bonds Income

Head To Head (Ptf 1 vs Ptf 2):

US Inflation Adjusted:

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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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	Developed World ex-US 20/80		High Yield Bonds Income
Year	Return (%)	Drawdown (%)	Return (%)	Drawdown (%)
2026	0.45	-3.54	-0.78	-2.13
2025	9.33	-0.94	9.57	-1.72
2024	3.48	-1.82	4.87	-2.49
2023	10.62	-3.65	11.21	-5.59
2022	-13.28	-15.82	-16.88	-21.38
2021	0.51	-1.64	0.88	-3.16
2020	5.67	-5.99	7.08	-11.99
2019	10.82	-0.13	16.98	-0.39
2018	-0.71	-1.97	-4.53	-4.53
2017	7.20	-0.28	8.78	-0.17
2016	4.23	-2.76	12.01	-3.93
2015	0.88	-3.06	-3.94	-6.90
2014	5.80	-0.91	6.28	-2.37
2013	3.72	-4.48	-0.40	-6.71
2012	11.34	-1.93	12.61	-1.87
2011	4.42	-2.68	9.07	-4.40
2010	8.49	-1.80	11.52	-3.24
2009	17.74	-4.20	23.52	-10.62
2008	-10.01	-15.55	-10.54	-23.59
2007	6.22	-0.75	3.36	-3.84
2006	7.61	-0.62	7.28	-2.69
2005	6.71	-1.16	5.61	-2.30
2004	8.93	-1.18	9.55	-4.56
2003	10.88	-0.98	18.30	-3.91
2002	4.31	-1.24	7.38	-6.70
2001	4.28	-1.41	10.89	-3.49
2000	4.50	-1.64	6.15	-3.14
1999	7.82	-2.07	6.34	-3.60
1998	16.99	-0.92	2.17	-8.48
1997	-4.15	-6.74	13.61	-2.54
1996	4.66	-1.36	14.28	-2.87
1995	17.78	-0.82	22.64	-0.20
1994	-3.88	-6.31	-4.27	-7.41
1993	19.11	-1.94	18.58	-0.44
1992	6.56	-4.18	12.00	-2.11
1991	19.03	-1.69	25.88	0.00
1990	0.80	-7.02	-0.59	-7.89
1989	11.45	-2.33	8.29	-0.68
1988	12.16	-0.98	11.12	-1.52
1987	8.87	-2.58	0.07	-7.63
1986	25.77	-3.32	15.01	-0.64
1985	31.17	-2.24	21.64	-1.39

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Table of contents

Resources & Extras

Asset Allocations and ETFs

Portfolio Returns as of Mar 31, 2026

Portfolio Metrics as of Mar 31, 2026

Drawdowns

Rolling Returns

Yearly Returns