European Stocks Portfolio: ETF allocation and returns

Data Source: from January 1970 to February 2024 (~54 years)
Consolidated Returns as of 29 February 2024
Live Update: Mar 01 2024
PORTFOLIO • LIVE PERFORMANCE (USD currency)
0.84%
1 Day
Mar 01 2024
0.84%
Current Month
March 2024

The European Stocks Portfolio is a Very High Risk portfolio and can be implemented with 1 ETF.

It's exposed for 100% on the Stock Market.

In the last 30 Years, the European Stocks Portfolio obtained a 6.89% compound annual return, with a 17.88% standard deviation.

Table of contents
The first official book of
How to build wealth
with Lazy Portfolios and Passive Investing Strategies
Choose a goal
Employ the best metrics to evaluate it
Join the passive investing strategy
Discover new asset allocations in USD and EUR,
in addition to the lazy portfolios on the website.

Asset Allocation and ETFs

The European Stocks Portfolio has the following asset allocation:

100% Stocks
0% Fixed Income
0% Commodities

The European Stocks Portfolio can be implemented with the following ETFs:

Weight (%) Ticker Currency ETF Name Investment Themes
100.00
VGK
USD Vanguard FTSE Europe Equity, Developed Europe, Large Cap

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 as of Feb 29, 2024

The European Stocks Portfolio guaranteed the following returns.

Returns are calculated in USD, assuming:
  • no fees or capital gain taxes.
  • the reinvestment of dividends.
  • the actual US Inflation rates.
EUROPEAN STOCKS PORTFOLIO
Consolidated returns as of 29 February 2024
Live Update: Mar 01 2024
Swipe left to see all data
  Chg (%) Return (%) Return (%) as of Feb 29, 2024
  1 Day Time ET(*) Mar 2024 1M 6M 1Y 5Y 10Y 30Y MAX
(~54Y)
European Stocks Portfolio 0.84 0.84 2.40 8.31 12.91 7.52 4.24 6.89 8.75
US Inflation Adjusted return 2.40 7.08 9.93 3.29 1.42 4.26 4.60
Returns over 1 year are annualized | Available data source: since Jan 1970
(*) Eastern Time (ET - America/New York)
US Inflation is updated to Jan 2024. Pending updates, the monthly inflation is set at 0% for the subsequent periods. Current inflation (annualized) is 1Y: 2.71% , 5Y: 4.10% , 10Y: 2.77% , 30Y: 2.52%

In 2023, the European Stocks Portfolio granted a 3.70% dividend yield. If you are interested in getting periodic income, please refer to the European Stocks Portfolio: Dividend Yield page.

Capital Growth as of Feb 29, 2024

An investment of 1$, since March 1994, now would be worth 7.39$, with a total return of 638.80% (6.89% annualized).

The Inflation Adjusted Capital now would be 3.50$, with a net total return of 249.97% (4.26% annualized).
An investment of 1$, since January 1970, now would be worth 93.95$, with a total return of 9294.61% (8.75% annualized).

The Inflation Adjusted Capital now would be 11.44$, with a net total return of 1043.67% (4.60% annualized).

Portfolio Metrics as of Feb 29, 2024

Metrics of European Stocks Portfolio, updated as of 29 February 2024.

Metrics are calculated based on monthly returns, assuming:
  • no fees or capital gain taxes.
  • the reinvestment of dividends.
  • the actual US Inflation rates.
EUROPEAN STOCKS PORTFOLIO
Advanced Metrics
Data Source: 1 January 1970 - 29 February 2024 (~54 years)
Swipe left to see all data
Metrics as of Feb 29, 2024
1M 3M 6M 1Y 3Y 5Y 10Y 20Y 30Y MAX
(~54Y)
Investment Return (%) 2.40 6.61 8.31 12.91 5.50 7.52 4.24 5.73 6.89 8.75
Infl. Adjusted Return (%) details 2.40 6.04 7.08 9.93 -0.02 3.29 1.42 3.09 4.26 4.60
US Inflation (%) 0.00 0.54 1.14 2.71 5.52 4.10 2.77 2.56 2.52 3.96
Pending updates, the monthly inflation after Jan 2024 is set at 0%. Returns / Inflation rates over 1 year are annualized.
DRAWDOWN
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y 20Y 30Y MAX
Deepest Drawdown Depth (%) -11.19 -30.98 -30.98 -30.98 -59.77 -59.77 -59.77
Start to Recovery (# months) details 5 28 28 28 78 78 78
Start (yyyy mm) 2023 08 2021 09 2021 09 2021 09 2007 11 2007 11 2007 11
Start to Bottom (# months) 3 13 13 13 16 16 16
Bottom (yyyy mm) 2023 10 2022 09 2022 09 2022 09 2009 02 2009 02 2009 02
Bottom to End (# months) 2 15 15 15 62 62 62
End (yyyy mm) 2023 12 2023 12 2023 12 2023 12 2014 04 2014 04 2014 04
Longest Drawdown Depth (%)
same as
deepest

same as
deepest

same as
deepest
-20.91
same as
deepest

same as
deepest

same as
deepest
Start to Recovery (# months) details 36
Start (yyyy mm) 2023 08 2021 09 2021 09 2014 06 2007 11 2007 11 2007 11
Start to Bottom (# months) 3 13 13 21 16 16 16
Bottom (yyyy mm) 2023 10 2022 09 2022 09 2016 02 2009 02 2009 02 2009 02
Bottom to End (# months) 2 15 15 15 62 62 62
End (yyyy mm) 2023 12 2023 12 2023 12 2017 05 2014 04 2014 04 2014 04
Longest negative period (# months) details 8 31 43 74 155 155 155
Period Start (yyyy mm) 2023 03 2021 04 2019 03 2014 03 2007 05 2007 05 2007 05
Period End (yyyy mm) 2023 10 2023 10 2022 09 2020 04 2020 03 2020 03 2020 03
Annualized Return (%) -5.21 -1.12 -0.65 -0.90 -0.29 -0.29 -0.29
Deepest Drawdown Depth (%) -12.03 -36.46 -36.46 -36.46 -60.44 -60.44 -60.44
Start to Recovery (# months) details 5 30* 30* 30* 158 158 158
Start (yyyy mm) 2023 08 2021 09 2021 09 2021 09 2007 11 2007 11 2007 11
Start to Bottom (# months) 3 13 13 13 16 16 16
Bottom (yyyy mm) 2023 10 2022 09 2022 09 2022 09 2009 02 2009 02 2009 02
Bottom to End (# months) 2 17 17 17 142 142 142
End (yyyy mm) 2023 12 - - - 2020 12 2020 12 2020 12
Longest Drawdown Depth (%)
same as
deepest

same as
deepest

same as
deepest
-21.05
same as
deepest

same as
deepest

same as
deepest
Start to Recovery (# months) details 38
Start (yyyy mm) 2023 08 2021 09 2021 09 2014 06 2007 11 2007 11 2007 11
Start to Bottom (# months) 3 13 13 21 16 16 16
Bottom (yyyy mm) 2023 10 2022 09 2022 09 2016 02 2009 02 2009 02 2009 02
Bottom to End (# months) 2 17 17 17 142 142 142
End (yyyy mm) 2023 12 - - 2017 07 2020 12 2020 12 2020 12
Longest negative period (# months) details 8 36* 54 116 199 199 199
Period Start (yyyy mm) 2023 03 2021 03 2019 05 2014 03 2007 04 2007 04 2007 04
Period End (yyyy mm) 2023 10 2024 02 2023 10 2023 10 2023 10 2023 10 2023 10
Annualized Return (%) -7.98 -0.02 -0.60 -0.09 -0.06 -0.06 -0.06
Drawdowns / Negative periods marked with * are in progress
RISK INDICATORS
1Y 3Y 5Y 10Y 20Y 30Y MAX
Standard Deviation (%) 15.46 19.30 20.28 16.82 18.78 17.88 17.39
Sharpe Ratio 0.50 0.16 0.28 0.18 0.23 0.26 0.27
Sortino Ratio 0.70 0.23 0.38 0.25 0.32 0.35 0.37
Ulcer Index 4.36 11.31 10.59 10.63 18.88 18.64 15.59
Ratio: Return / Standard Deviation 0.84 0.28 0.37 0.25 0.31 0.39 0.50
Ratio: Return / Deepest Drawdown 1.15 0.18 0.24 0.14 0.10 0.12 0.15
% Positive Months details 58% 55% 58% 55% 57% 59% 60%
Positive Months 7 20 35 67 138 215 390
Negative Months 5 16 25 53 102 145 260
LONG TERM RETURNS
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y 20Y 30Y MAX
Best 10 Years Return (%) - Annualized 4.24 10.03 11.15 21.29
Worst 10 Years Return (%) - Annualized 0.38 -1.57 -1.57
Best 10 Years Return (%) - Annualized 1.42 8.12 8.38 16.94
Worst 10 Years Return (%) - Annualized -1.42 -4.05 -5.74
ROLLING PERIODS
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y 20Y 30Y MAX
Over the latest 30Y
Best Rolling Return (%) - Annualized 58.54 30.55 25.37 11.15 8.59 6.89
Worst Rolling Return (%) - Annualized -52.96 -18.37 -8.13 -1.57 2.21
% Positive Periods 66% 73% 82% 98% 100% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 63.06 21.00 12.80 7.12 4.67 6.97
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - - 0.12 4.98
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Best Rolling Return (%) - Annualized 55.20 27.01 21.84 8.38 6.05 4.26
Worst Rolling Return (%) - Annualized -52.96 -20.32 -9.96 -4.05 0.13
% Positive Periods 62% 68% 67% 85% 100% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 63.06 21.00 12.80 7.12 4.67 6.97
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - - 0.12 4.98
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Over all the available data source (Jan 1970 - Feb 2024)
Best Rolling Return (%) - Annualized 92.07 53.23 38.41 21.29 16.28 13.84
Worst Rolling Return (%) - Annualized -52.96 -18.37 -8.13 -1.57 2.21 6.13
% Positive Periods 69% 81% 90% 99% 100% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 63.06 21.00 12.80 7.12 4.67 4.28
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - - 0.12 3.18
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Best Rolling Return (%) - Annualized 89.07 48.74 34.20 16.94 11.93 9.25
Worst Rolling Return (%) - Annualized -52.96 -20.32 -9.96 -5.74 0.13 3.68
% Positive Periods 61% 69% 69% 85% 100% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 63.06 21.00 12.80 7.12 4.67 4.28
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - - 0.12 3.18
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Terms and Definitions
  • Annualized Portfolio Return: it's the annualized geometric mean return of the portfolio.
  • Deepest/Longest Drawdown: a drawdown refers to the decline in value from a relative peak value to a relative trough. The deepest (or maximum) drawdown is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained. The longest drawdown is the period observed from a peak to the subsequent peak with the greatest duration.
  • Longest negative period: it's the maximum period for which an overall negative return has been observed.
  • Standard Deviation: it's a measure of the dispersion of returns around the mean.
  • Sharpe Ratio: it's a measure of risk-adjusted performance of the portfolio. It's calculated by dividing the excess return of the portfolio over the risk-free rate by the portfolio standard deviation. The risk-free rate here considered is the 1-3 Mth T-Bill return.
  • Sortino Ratio: another measure of risk-adjusted performance of the portfolio. It's a modification of the Sharpe Ratio (same formula but the denominator is the portfolio downside standard deviation).
  • Ulcer Index: it's a measure of downside risk that quantifies the depth and duration of drawdowns in an investment portfolio.
  • Best/Worst 10Y returns: the best and the worst 10-year return over a time frame.
  • Rolling Returns: N-year returns over a time frame, calculated over all the available data source (best, worst, % of positive returns). Each rolling period, longer than the longest negative period, yielded a non-negative minimum return.
  • Safe Withdrawal Rate (SWR): it's the percentage of the initial portfolio balance that can be withdrawn at the beginning of each month with inflation adjustment, without the portfolio running out of money in any case (money amount withdrawal).
    For instance: Your initial invested capital is 100.000$; withdrawal rate (annualized) is 4%. This means that, in the first month, you will withdraw 100.000 * 4% * 1/12 = 333.33$. The second month, you’ll withdraw 333.33$ plus the inflation monthly rate. You’ll continue adjusting your withdraw monthly for inflation.
  • Perpetual Withdrawal Rate (PWR): it's the percentage of the initial portfolio balance that can be withdrawn at the beginning of each month with inflation adjustment, preserving the original invested capital, adjusted for inflation too.

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.

EUROPEAN STOCKS PORTFOLIO
Drawdown periods
Drawdown periods - Inflation Adjusted
Data Source: 1 March 1994 - 29 February 2024 (30 Years)
Data Source: 1 January 1970 - 29 February 2024 (~54 years)
Inflation Adjusted:
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-59.77% Nov 2007 Feb 2009 16 Apr 2014 62 78 30.21
-45.88% Apr 2000 Sep 2002 30 Dec 2004 27 57 25.84
-30.98% Sep 2021 Sep 2022 13 Dec 2023 15 28 12.78
-25.65% Jan 2020 Mar 2020 3 Nov 2020 8 11 13.06
-20.91% Jun 2014 Feb 2016 21 May 2017 15 36 11.28
-19.44% Feb 2018 Dec 2018 11 Dec 2019 12 23 9.54
-16.03% Aug 1998 Sep 1998 2 Apr 1999 7 9 7.40
-7.18% Jan 2000 Jan 2000 1 Mar 2000 2 3 3.76
-5.68% Aug 1997 Aug 1997 1 Sep 1997 1 2 3.28
-5.18% May 1994 Jun 1994 2 Aug 1994 2 4 2.96
-4.95% Oct 1997 Oct 1997 1 Jan 1998 3 4 2.75
-4.90% May 1999 May 1999 1 Oct 1999 5 6 2.35
-4.49% Mar 2005 May 2005 3 Jul 2005 2 5 3.12
-4.08% Sep 1994 Sep 1994 1 Mar 1995 6 7 2.88
-3.97% Aug 1995 Aug 1995 1 Dec 1995 4 5 1.86
Swipe left to see all data
Drawdown (DD)
Occurrencies (EOM)
Drawdown (DD)
Range #Num Every (Avg) Frequency Cumulative Frequency
All Time High (DD=0%) 79 4.6 Months 21.88%
 
DD = 0% 21.88%
 
0% < DD <= -5% 76 4.8 Months 21.05%
 
DD <= -5% 42.94%
 
-5% < DD <= -10% 43 8.4 Months 11.91%
 
DD <= -10% 54.85%
 
-10% < DD <= -15% 39 9.3 Months 10.80%
 
DD <= -15% 65.65%
 
-15% < DD <= -20% 31 11.6 Months 8.59%
 
DD <= -20% 74.24%
 
-20% < DD <= -25% 19 19.0 Months 5.26%
 
DD <= -25% 79.50%
 
-25% < DD <= -30% 17 21.2 Months 4.71%
 
DD <= -30% 84.21%
 
-30% < DD <= -35% 27 13.4 Months 7.48%
 
DD <= -35% 91.69%
 
-35% < DD <= -40% 13 27.8 Months 3.60%
 
DD <= -40% 95.29%
 
-40% < DD <= -45% 7 51.6 Months 1.94%
 
DD <= -45% 97.23%
 
-45% < DD <= -50% 5 72.2 Months 1.39%
 
DD <= -50% 98.61%
 
-50% < DD <= -55% 2 180.5 Months 0.55%
 
DD <= -55% 99.17%
 
-55% < DD <= -60% 3 120.3 Months 0.83%
 
DD <= -60% 100.00%
 
-60% < DD <= -65% 0 - 0.00%
 
DD <= -65% 100.00%
 
-65% < DD <= -70% 0 - 0.00%
 
DD <= -70% 100.00%
 
-70% < DD <= -100% 0 - 0.00%
 
DD <= -100% 100.00%
 
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-60.44% Nov 2007 Feb 2009 16 Dec 2020 142 158 26.50
-50.00% Jan 2000 Mar 2003 39 Mar 2006 36 75 26.73
-36.46% Sep 2021 Sep 2022 13 in progress 17 30 18.35
-16.18% Aug 1998 Sep 1998 2 Nov 1999 14 16 6.33
-5.91% Aug 1997 Aug 1997 1 Sep 1997 1 2 3.41
-5.63% May 1994 Jun 1994 2 Aug 1994 2 4 3.20
-5.13% Oct 1997 Oct 1997 1 Jan 1998 3 4 2.90
-5.03% Sep 1994 Jan 1995 5 Mar 1995 2 7 3.42
-4.16% Aug 1995 Aug 1995 1 Dec 1995 4 5 2.13
-3.58% Jun 2007 Jul 2007 2 Sep 2007 2 4 2.21
-3.27% Mar 1994 Mar 1994 1 Apr 1994 1 2 1.89
-3.22% May 2006 May 2006 1 Aug 2006 3 4 2.03
-2.19% Jun 2021 Jun 2021 1 Aug 2021 2 3 1.18
-1.62% Feb 2007 Feb 2007 1 Mar 2007 1 2 0.94
-1.39% Jul 1996 Jul 1996 1 Aug 1996 1 2 0.80
Swipe left to see all data
Drawdown (DD)
Occurrencies (EOM)
Drawdown (DD)
Range #Num Every (Avg) Frequency Cumulative Frequency
All Time High (DD=0%) 54 6.7 Months 14.96%
 
DD = 0% 14.96%
 
0% < DD <= -5% 48 7.5 Months 13.30%
 
DD <= -5% 28.25%
 
-5% < DD <= -10% 41 8.8 Months 11.36%
 
DD <= -10% 39.61%
 
-10% < DD <= -15% 46 7.8 Months 12.74%
 
DD <= -15% 52.35%
 
-15% < DD <= -20% 34 10.6 Months 9.42%
 
DD <= -20% 61.77%
 
-20% < DD <= -25% 36 10.0 Months 9.97%
 
DD <= -25% 71.75%
 
-25% < DD <= -30% 30 12.0 Months 8.31%
 
DD <= -30% 80.06%
 
-30% < DD <= -35% 22 16.4 Months 6.09%
 
DD <= -35% 86.15%
 
-35% < DD <= -40% 24 15.0 Months 6.65%
 
DD <= -40% 92.80%
 
-40% < DD <= -45% 13 27.8 Months 3.60%
 
DD <= -45% 96.40%
 
-45% < DD <= -50% 7 51.6 Months 1.94%
 
DD <= -50% 98.34%
 
-50% < DD <= -55% 3 120.3 Months 0.83%
 
DD <= -55% 99.17%
 
-55% < DD <= -60% 2 180.5 Months 0.55%
 
DD <= -60% 99.72%
 
-60% < DD <= -65% 1 361.0 Months 0.28%
 
DD <= -65% 100.00%
 
-65% < DD <= -70% 0 - 0.00%
 
DD <= -70% 100.00%
 
-70% < DD <= -100% 0 - 0.00%
 
DD <= -100% 100.00%
 
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-59.77% Nov 2007 Feb 2009 16 Apr 2014 62 78 30.21
-45.88% Apr 2000 Sep 2002 30 Dec 2004 27 57 25.84
-38.16% Jan 1973 Sep 1974 21 Jun 1975 9 30 16.35
-33.23% Dec 1980 Jul 1982 20 Apr 1983 9 29 17.61
-30.98% Sep 2021 Sep 2022 13 Dec 2023 15 28 12.78
-26.83% Jan 1970 Jun 1970 6 Mar 1971 9 15 14.63
-25.65% Jan 2020 Mar 2020 3 Nov 2020 8 11 13.06
-23.15% Oct 1987 Nov 1987 2 Jul 1989 20 22 13.00
-20.91% Jun 2014 Feb 2016 21 May 2017 15 36 11.28
-20.21% Aug 1990 Sep 1990 2 May 1992 20 22 10.46
-19.44% Feb 2018 Dec 2018 11 Dec 2019 12 23 9.54
-19.23% Feb 1976 Nov 1976 10 Dec 1977 13 23 11.06
-16.03% Aug 1998 Sep 1998 2 Apr 1999 7 9 7.40
-12.85% Jun 1992 Nov 1992 6 Aug 1993 9 15 7.00
-12.84% Feb 1980 Mar 1980 2 Sep 1980 6 8 6.26
Swipe left to see all data
Drawdown (DD)
Occurrencies (EOM)
Drawdown (DD)
Range #Num Every (Avg) Frequency Cumulative Frequency
All Time High (DD=0%) 149 4.4 Months 22.89%
 
DD = 0% 22.89%
 
0% < DD <= -5% 156 4.2 Months 23.96%
 
DD <= -5% 46.85%
 
-5% < DD <= -10% 100 6.5 Months 15.36%
 
DD <= -10% 62.21%
 
-10% < DD <= -15% 74 8.8 Months 11.37%
 
DD <= -15% 73.58%
 
-15% < DD <= -20% 57 11.4 Months 8.76%
 
DD <= -20% 82.33%
 
-20% < DD <= -25% 29 22.4 Months 4.45%
 
DD <= -25% 86.79%
 
-25% < DD <= -30% 24 27.1 Months 3.69%
 
DD <= -30% 90.48%
 
-30% < DD <= -35% 31 21.0 Months 4.76%
 
DD <= -35% 95.24%
 
-35% < DD <= -40% 14 46.5 Months 2.15%
 
DD <= -40% 97.39%
 
-40% < DD <= -45% 7 93.0 Months 1.08%
 
DD <= -45% 98.46%
 
-45% < DD <= -50% 5 130.2 Months 0.77%
 
DD <= -50% 99.23%
 
-50% < DD <= -55% 2 325.5 Months 0.31%
 
DD <= -55% 99.54%
 
-55% < DD <= -60% 3 217.0 Months 0.46%
 
DD <= -60% 100.00%
 
-60% < DD <= -65% 0 - 0.00%
 
DD <= -65% 100.00%
 
-65% < DD <= -70% 0 - 0.00%
 
DD <= -70% 100.00%
 
-70% < DD <= -100% 0 - 0.00%
 
DD <= -100% 100.00%
 
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-60.44% Nov 2007 Feb 2009 16 Dec 2020 142 158 26.50
-50.00% Jan 2000 Mar 2003 39 Mar 2006 36 75 26.73
-48.69% Jan 1973 Jul 1982 115 Jun 1985 35 150 26.58
-36.46% Sep 2021 Sep 2022 13 in progress 17 30 18.35
-28.91% Jan 1970 Jun 1970 6 Dec 1971 18 24 13.85
-23.61% Oct 1987 Nov 1987 2 Jul 1989 20 22 15.14
-21.42% Aug 1990 Sep 1990 2 Oct 1993 37 39 12.30
-16.18% Aug 1998 Sep 1998 2 Nov 1999 14 16 6.33
-9.08% May 1986 May 1986 1 Aug 1986 3 4 5.54
-8.00% Feb 1994 Jun 1994 5 Apr 1995 10 15 4.58
-7.30% Oct 1989 Oct 1989 1 Dec 1989 2 3 3.86
-7.00% Sep 1986 Sep 1986 1 Dec 1986 3 4 4.41
-5.91% Aug 1997 Aug 1997 1 Sep 1997 1 2 3.41
-5.67% Jan 1990 Apr 1990 4 May 1990 1 5 3.03
-5.13% Oct 1997 Oct 1997 1 Jan 1998 3 4 2.90
Swipe left to see all data
Drawdown (DD)
Occurrencies (EOM)
Drawdown (DD)
Range #Num Every (Avg) Frequency Cumulative Frequency
All Time High (DD=0%) 91 7.2 Months 13.98%
 
DD = 0% 13.98%
 
0% < DD <= -5% 70 9.3 Months 10.75%
 
DD <= -5% 24.73%
 
-5% < DD <= -10% 83 7.8 Months 12.75%
 
DD <= -10% 37.48%
 
-10% < DD <= -15% 77 8.5 Months 11.83%
 
DD <= -15% 49.31%
 
-15% < DD <= -20% 75 8.7 Months 11.52%
 
DD <= -20% 60.83%
 
-20% < DD <= -25% 78 8.3 Months 11.98%
 
DD <= -25% 72.81%
 
-25% < DD <= -30% 61 10.7 Months 9.37%
 
DD <= -30% 82.18%
 
-30% < DD <= -35% 45 14.5 Months 6.91%
 
DD <= -35% 89.09%
 
-35% < DD <= -40% 33 19.7 Months 5.07%
 
DD <= -40% 94.16%
 
-40% < DD <= -45% 22 29.6 Months 3.38%
 
DD <= -45% 97.54%
 
-45% < DD <= -50% 10 65.1 Months 1.54%
 
DD <= -50% 99.08%
 
-50% < DD <= -55% 3 217.0 Months 0.46%
 
DD <= -55% 99.54%
 
-55% < DD <= -60% 2 325.5 Months 0.31%
 
DD <= -60% 99.85%
 
-60% < DD <= -65% 1 651.0 Months 0.15%
 
DD <= -65% 100.00%
 
-65% < DD <= -70% 0 - 0.00%
 
DD <= -70% 100.00%
 
-70% < DD <= -100% 0 - 0.00%
 
DD <= -100% 100.00%
 

Rolling Returns

( more details)

A rolling return is a measure of investment performance that calculates the return of an investment over a set period of time, with the starting date rolling forward. This approach can provide a more accurate representation of the investment's historical performance and helps investors to evaluate the investment's consistency over time.

EUROPEAN STOCKS PORTFOLIO
Annualized Rolling Returns
Annualized Rolling Returns - Inflation Adjusted
Data Source: 1 March 1994 - 29 February 2024 (30 Years)
Data Source: 1 January 1970 - 29 February 2024 (~54 years)
Inflation Adjusted:
Swipe left to see all data
Rolling
Period
Worst Period
15th Percentile
50th Percentile
85th Percentile
Best Period
Latest Negative
Periods
Ann.
Return
From
To
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
From
To
Growth
of 1$
1Y -52.96 03/2008
02/2009
0.47$ -12.44 0.87$ 11.37 1.11$ 27.24 1.27$ 58.54 03/2009
02/2010
1.58$ 12.91 33.81%
2Y -30.58 03/2007
02/2009
0.48$ -6.55 0.87$ 8.23 1.17$ 22.61 1.50$ 38.87 03/2009
02/2011
1.92$ 5.75 28.19%
3Y -18.37 04/2000
03/2003
0.54$ -4.27 0.87$ 7.16 1.23$ 20.84 1.76$ 30.55 04/2003
03/2006
2.22$ 5.50 26.15%
5Y -8.13 06/2007
05/2012
0.65$ -0.63 0.96$ 4.95 1.27$ 15.56 2.06$ 25.37 10/2002
09/2007
3.09$ 7.52 17.28%
7Y -1.10 11/2007
10/2014
0.92$ 2.45 1.18$ 5.64 1.46$ 8.72 1.79$ 12.92 03/1994
02/2001
2.34$ 7.42 1.44%
10Y -1.57 03/1999
02/2009
0.85$ 1.94 1.21$ 5.66 1.73$ 9.54 2.48$ 11.15 05/1997
04/2007
2.87$ 4.24 1.66%
15Y 0.46 10/2007
09/2022
1.07$ 3.58 1.69$ 4.93 2.05$ 7.46 2.94$ 9.19 03/2009
02/2024
3.73$ 9.19 0.00%
20Y 2.21 04/2000
03/2020
1.54$ 4.04 2.20$ 5.86 3.12$ 7.39 4.16$ 8.59 07/1994
06/2014
5.19$ 5.73 0.00%
30Y 6.89 03/1994
02/2024
7.38$ 6.89 7.38$ 6.89 7.38$ 6.89 7.38$ 6.89 03/1994
02/2024
7.38$ 6.89 0.00%
Annualized rolling and percentiles/median returns over full calendar month periods
Swipe left to see all data
Rolling
Period
Worst Period
15th Percentile
50th Percentile
85th Percentile
Best Period
Latest Negative
Periods
Ann.
Return
From
To
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
From
To
Growth
of 1$
1Y -52.96 03/2008
02/2009
0.47$ -15.50 0.84$ 8.65 1.08$ 24.34 1.24$ 55.20 03/2009
02/2010
1.55$ 9.93 37.82%
2Y -31.98 03/2007
02/2009
0.46$ -9.23 0.82$ 5.98 1.12$ 19.22 1.42$ 35.97 03/2009
02/2011
1.84$ 1.37 37.39%
3Y -20.32 04/2000
03/2003
0.50$ -6.65 0.81$ 4.61 1.14$ 17.92 1.63$ 27.01 04/2003
03/2006
2.04$ -0.02 31.38%
5Y -9.96 06/2007
05/2012
0.59$ -2.89 0.86$ 2.48 1.13$ 12.08 1.76$ 21.84 10/2002
09/2007
2.68$ 3.29 32.89%
7Y -2.87 11/2007
10/2014
0.81$ 0.12 1.00$ 3.19 1.24$ 6.09 1.51$ 10.02 03/1994
02/2001
1.95$ 3.82 12.27%
10Y -4.05 03/1999
02/2009
0.66$ 0.08 1.00$ 3.41 1.39$ 6.82 1.93$ 8.38 05/1997
04/2007
2.23$ 1.42 14.11%
15Y -1.87 10/2007
09/2022
0.75$ 1.32 1.21$ 2.72 1.49$ 5.01 2.08$ 6.74 02/2003
01/2018
2.66$ 6.49 4.97%
20Y 0.13 04/2000
03/2020
1.02$ 1.83 1.43$ 3.52 1.99$ 4.85 2.57$ 6.05 07/1994
06/2014
3.23$ 3.09 0.00%
30Y 4.26 03/1994
02/2024
3.49$ 4.26 3.49$ 4.26 3.49$ 4.26 3.49$ 4.26 03/1994
02/2024
3.49$ 4.26 0.00%
Annualized rolling and percentiles/median returns over full calendar month periods
Swipe left to see all data
Rolling
Period
Worst Period
15th Percentile
50th Percentile
85th Percentile
Best Period
Latest Negative
Periods
Ann.
Return
From
To
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
From
To
Growth
of 1$
1Y -52.96 03/2008
02/2009
0.47$ -9.11 0.90$ 12.15 1.12$ 29.13 1.29$ 92.07 05/1985
04/1986
1.92$ 12.91 30.36%
2Y -30.58 03/2007
02/2009
0.48$ -3.20 0.93$ 10.15 1.21$ 22.46 1.49$ 58.72 01/1985
12/1986
2.51$ 5.75 21.69%
3Y -18.37 04/2000
03/2003
0.54$ -1.60 0.95$ 9.18 1.30$ 20.89 1.76$ 53.23 08/1984
07/1987
3.59$ 5.50 18.70%
5Y -8.13 06/2007
05/2012
0.65$ 1.34 1.06$ 8.37 1.49$ 18.83 2.36$ 38.41 08/1982
07/1987
5.07$ 7.52 9.81%
7Y -1.10 11/2007
10/2014
0.92$ 3.70 1.28$ 7.71 1.68$ 17.11 3.02$ 28.01 08/1982
07/1989
5.63$ 7.42 0.71%
10Y -1.57 03/1999
02/2009
0.85$ 4.18 1.50$ 9.22 2.41$ 16.22 4.49$ 21.29 08/1982
07/1992
6.88$ 4.24 0.75%
15Y 0.46 10/2007
09/2022
1.07$ 4.61 1.96$ 9.85 4.09$ 15.01 8.14$ 19.85 08/1982
07/1997
15.11$ 9.19 0.00%
20Y 2.21 04/2000
03/2020
1.54$ 5.89 3.13$ 11.11 8.22$ 14.28 14.42$ 16.28 04/1978
03/1998
20.43$ 5.73 0.00%
30Y 6.13 04/1990
03/2020
5.95$ 7.40 8.51$ 10.68 20.97$ 12.52 34.39$ 13.84 06/1977
05/2007
48.78$ 6.89 0.00%
Annualized rolling and percentiles/median returns over full calendar month periods
Swipe left to see all data
Rolling
Period
Worst Period
15th Percentile
50th Percentile
85th Percentile
Best Period
Latest Negative
Periods
Ann.
Return
From
To
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
From
To
Growth
of 1$
1Y -52.96 03/2008
02/2009
0.47$ -14.27 0.85$ 7.24 1.07$ 24.52 1.24$ 89.07 05/1985
04/1986
1.89$ 9.93 38.97%
2Y -31.98 03/2007
02/2009
0.46$ -7.77 0.85$ 5.70 1.11$ 18.42 1.40$ 54.88 01/1985
12/1986
2.39$ 1.37 34.61%
3Y -20.32 04/2000
03/2003
0.50$ -6.60 0.81$ 4.84 1.15$ 17.91 1.63$ 48.74 08/1984
07/1987
3.29$ -0.02 30.57%
5Y -9.96 06/2007
05/2012
0.59$ -2.63 0.87$ 3.92 1.21$ 15.62 2.06$ 34.20 08/1982
07/1987
4.35$ 3.29 30.80%
7Y -5.48 07/1975
06/1982
0.67$ -0.14 0.99$ 3.94 1.31$ 13.01 2.35$ 23.62 08/1982
07/1989
4.41$ 3.82 16.23%
10Y -5.74 08/1972
07/1982
0.55$ 0.04 1.00$ 5.80 1.75$ 11.33 2.92$ 16.94 08/1982
07/1992
4.78$ 1.42 14.69%
15Y -1.87 10/2007
09/2022
0.75$ 2.29 1.40$ 5.75 2.31$ 9.85 4.09$ 16.07 01/1985
12/1999
9.34$ 6.49 2.12%
20Y 0.13 04/2000
03/2020
1.02$ 3.52 1.99$ 5.71 3.03$ 10.11 6.86$ 11.93 04/1980
03/2000
9.52$ 3.09 0.00%
30Y 3.68 10/1992
09/2022
2.95$ 4.73 3.99$ 6.55 6.71$ 8.19 10.60$ 9.25 06/1977
05/2007
14.20$ 4.26 0.00%
Annualized rolling and percentiles/median returns over full calendar month periods

If you need a deeper detail about rolling returns, please refer to the European Stocks Portfolio: Rolling Returns page.

Seasonality

In which months is it better to invest in European Stocks Portfolio?

Both the Average Return and the Gain Frequency (Win %) are useful to get an idea of what happened in the past.
For further information about the seasonality, check the Asset Class Seasonality page.
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
Gain Frequency
0.15
20%
-2.00
40%
-1.99
80%
2.61
80%
0.38
60%
0.65
60%
2.16
80%
-1.41
40%
-4.02
20%
1.76
60%
7.21
80%
3.82
80%
Best 9.6
2023
2.6
2021
3.3
2021
6.4
2020
5.8
2020
6.4
2019
5.0
2022
4.3
2020
2.6
2019
8.4
2022
16.4
2020
5.7
2020
Worst -3.6
2022
-8.0
2020
-16.7
2020
-6.2
2022
-5.7
2019
-9.9
2022
-2.6
2019
-7.5
2022
-9.7
2022
-5.4
2020
-4.9
2021
-1.7
2022
Monthly Seasonality over the period Feb 1970 - Feb 2024
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
Gain Frequency
1.10
50%
-0.95
50%
-0.19
60%
2.87
90%
0.50
60%
-0.59
30%
1.89
80%
-1.54
50%
-2.41
40%
0.18
50%
3.38
50%
1.34
60%
Best 9.6
2023
6.1
2015
7.0
2016
6.4
2020
5.8
2020
6.4
2019
5.0
2022
4.3
2020
3.2
2017
8.4
2022
16.4
2020
5.7
2020
Worst -5.6
2016
-8.0
2020
-16.7
2020
-6.2
2022
-5.7
2019
-9.9
2022
-4.3
2014
-7.5
2022
-9.7
2022
-7.9
2018
-4.9
2021
-4.8
2018
Monthly Seasonality over the period Feb 1970 - Feb 2024
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
Gain Frequency
0.44
53%
0.49
54%
1.04
70%
2.39
72%
-0.16
54%
0.18
50%
1.33
63%
-0.06
53%
-0.87
54%
0.86
57%
1.72
65%
2.60
72%
Best 12.7
1975
11.1
1986
8.8
1986
13.5
2003
14.3
2009
8.3
2012
14.2
2010
12.2
1982
11.3
2010
18.1
1974
16.4
2020
10.2
1999
Worst -13.8
2009
-10.4
2009
-16.7
2020
-10.4
1970
-12.0
2012
-9.9
2022
-11.1
2002
-12.5
1998
-13.1
2002
-21.8
2008
-9.6
1973
-5.1
1980
Monthly Seasonality over the period Feb 1970 - Feb 2024

Monthly Returns

This section provides a visual/tabular representation of the performance variability in the European Stocks Portfolio over time. It illustrates the distribution of monthly returns, showcasing the range and frequency of positive and negative returns.

EUROPEAN STOCKS PORTFOLIO
Monthly Returns Distribution
Data Source: 1 March 1994 - 29 February 2024 (30 Years)
Data Source: 1 January 1970 - 29 February 2024 (~54 years)
215 Positive Months (60%) - 145 Negative Months (40%)
390 Positive Months (60%) - 260 Negative Months (40%)
Swipe left to see all data
(Scroll down to see all data)
Investment Returns, up to December 2005, have been derived using the historical series of equivalent ETFs / Assets, instead of the actual ETFs of the portfolio.
You can find additional information on extended Data Sources here.

In particular, the series derived from equivalent datasets are:
  • VGK - Vanguard FTSE Europe (VGK), up to December 2005

Portfolio efficiency

The following portfolios granted a higher return over 30 Years and a less severe drawdown at the same time.

Swipe left to see all data
30 Years Stats (%)
% Allocation
Portfolio Author Return Dev.Std Drawdown Stocks Bonds Comm
US Stocks Momentum +12.68 15.38 -53.85 100 0 0
US Stocks Quality +11.77 15.08 -46.25 100 0 0
Stocks/Bonds 80/20 Momentum +11.32 12.42 -43.61 80 20 0
US Stocks +10.22 15.55 -50.84 100 0 0
US Stocks Value +9.96 15.37 -55.41 100 0 0
Warren Buffett Portfolio Warren Buffett +9.85 13.66 -45.52 90 10 0
Stocks/Bonds 60/40 Momentum +9.77 9.60 -32.52 60 40 0
US Stocks Minimum Volatility +9.77 13.71 -43.27 100 0 0
Stocks/Bonds 80/20 +9.29 12.51 -41.09 80 20 0
Dedalo Three Dedalo Invest +9.11 15.42 -52.73 100 0 0
Simple Path to Wealth JL Collins +9.04 11.77 -38.53 75 25 0
Sheltered Sam 100/0 Bill Bernstein +9.03 15.31 -54.91 97 0 3
Robust Alpha Architect +8.91 11.10 -44.20 70 20 10
Shield Strategy Aim Ways +8.74 8.84 -19.36 42 38 20
Sheltered Sam 90/10 Bill Bernstein +8.64 13.74 -50.12 87.3 10 2.7
Aggressive Global Income +8.62 14.42 -52.63 80 20 0
Dedalo Four Dedalo Invest +8.47 12.42 -43.94 80 20 0
Edge Select Aggressive Merrill Lynch +8.37 13.26 -45.65 84 16 0
Mid-Fifties Burton Malkiel +8.30 12.98 -46.21 80 20 0
Second Grader's Starter Paul Farrell +8.26 13.87 -48.52 90 10 0
Dedalo Eleven Dedalo Invest +8.24 12.74 -44.63 80 20 0
Late Thirties to Early Forties Burton Malkiel +8.22 13.59 -48.28 85 15 0
Stocks/Bonds 60/40 +8.22 9.62 -30.55 60 40 0
Sheltered Sam 80/20 Bill Bernstein +8.21 12.20 -45.06 77.6 20 2.4
Robo Advisor 100 Betterment +8.20 15.80 -54.55 100 0 0
Talmud Portfolio Roger Gibson +8.20 10.85 -40.17 66.7 33.3 0
Late Sixties and Beyond Burton Malkiel +8.20 11.68 -41.80 71 29 0
Mid-Twenties Burton Malkiel +8.11 13.92 -49.50 87 13 0
Weird Portfolio Value Stock Geek +8.09 10.84 -32.97 60 20 20
Robo Advisor 90 Betterment +8.06 14.44 -50.07 90.1 9.9 0
Stocks/Bonds 40/60 Momentum +8.06 7.02 -21.11 40 60 0
Ultimate Buy and Hold Strategy Paul Merriman +8.05 15.74 -57.21 100 0 0
Couch Potato Scott Burns +8.04 8.75 -27.04 50 50 0
Core Four Rick Ferri +8.04 12.21 -44.44 80 20 0
Seven Value Scott Burns +8.03 11.31 -41.22 71.5 28.5 0
Edge Select Moderately Aggressive Merrill Lynch +7.90 11.14 -38.23 69 31 0
Robo Advisor 80 Betterment +7.88 13.06 -45.47 80 20 0
Four Funds Bogleheads +7.86 12.45 -44.08 80 20 0
Yale Endowment David Swensen +7.80 10.83 -40.68 70 30 0
Jane Bryant Quinn Portfolio Jane Bryant Quinn +7.79 10.79 -39.55 70 30 0
Lazy Portfolio David Swensen +7.78 10.88 -40.89 70 30 0
Three Funds Bogleheads +7.78 12.39 -43.68 80 20 0
Sheltered Sam 70/30 Bill Bernstein +7.76 10.70 -39.73 67.9 30 2.1
Six Ways from Sunday Scott Burns +7.76 10.91 -39.14 66.7 33.3 0
Gold Pivot Ptf Aim Ways +7.76 8.20 -19.49 22 44 34
In Saecula Saeculorum Fulvio Marchese +7.72 7.83 -20.39 45 45 10
LifeStrategy Growth Fund Vanguard +7.70 12.41 -44.18 80 20 0
Golden Butterfly Tyler +7.56 7.73 -17.79 40 40 20
Family Taxable Portfolio Ted Aronson +7.56 11.63 -38.46 70 30 0
Coffeehouse Bill Schultheis +7.50 9.72 -33.93 60 40 0
No Brainer Portfolio Bill Bernstein +7.48 11.75 -40.40 75 25 0
Aim comfortable trip Aim Ways +7.42 7.59 -20.15 40 45 15
Long Term Portfolio Ben Stein +7.41 12.44 -45.92 80 20 0
Perfect Portfolio Ben Stein +7.41 12.35 -44.81 80 20 0
Tilt Toward Value Time Inc +7.38 9.44 -34.63 60 40 0
All Weather Portfolio Ray Dalio +7.34 7.40 -20.58 30 55 15
Gone Fishin' Portfolio Alexander Green +7.31 12.06 -43.02 65 30 5
Five Asset Roger Gibson +7.30 11.29 -44.75 60 20 20
Sheltered Sam 60/40 Bill Bernstein +7.28 9.24 -34.12 58.2 40 1.8
Edge Select Moderate Merrill Lynch +7.27 8.96 -29.58 53 47 0
Marc Faber Portfolio Marc Faber +7.25 9.66 -28.82 50 25 25
Five Fold Scott Burns +7.25 9.75 -37.94 60 40 0
Pinwheel +7.20 10.50 -36.89 65 25 10
Margaritaville Scott Burns +7.20 10.82 -38.70 67 33 0
Robo Advisor 50 Betterment +7.19 9.28 -30.72 49.9 50.1 0
Simple and Cheap Time Inc +7.16 9.42 -34.84 60 40 0
Nano Portfolio John Wasik +7.14 9.67 -36.66 60 40 0
Gretchen Tai Portfolio Gretchen Tai +7.11 11.65 -41.80 70 30 0
LifeStrategy Moderate Growth Vanguard +7.06 9.53 -33.52 60 40 0
Simple Money Portfolio Tim Maurer +7.04 9.11 -32.39 60 40 0
Sandwich Portfolio Bob Clyatt +7.03 8.32 -28.96 55 45 0
Stocks/Bonds 40/60 +7.00 6.99 -19.17 40 60 0
PISI Portfolio Davide Pisicchio +7.00 6.48 -18.36 30 60 10
One-Decision Portfolio Marvin Appel +6.99 8.42 -31.96 50 50 0
Coward's Portfolio Bill Bernstein +6.99 9.11 -32.68 60 40 0
Dynamic 60/40 Income +6.98 9.36 -41.44 60 40 0
Dynamic 40/60 Income +6.97 8.12 -29.84 40 60 0
European Stocks +6.89 17.88 -59.77 100 0 0

Here's a list containing the Best Classic Portfolios, with the highest returns over 30 Years and Very High Risk categorization.

Swipe left to see all data
30 Years Stats (%)
% Allocation
Portfolio Author Return Dev.Std Drawdown Stocks Bonds Comm
Technology +13.98 24.02 -81.08 100 0 0
US Stocks Momentum +12.68 15.38 -53.85 100 0 0
US Stocks Quality +11.77 15.08 -46.25 100 0 0
Stocks/Bonds 80/20 Momentum +11.32 12.42 -43.61 80 20 0
US Stocks +10.22 15.55 -50.84 100 0 0
Analyze your Portfolio: Backtest Now!
Explore historical data since 1871 and fine-tune your investment strategy for better results.