Consolidated Returns as of 31 March 2024
Live Update: Apr 12 2024
The Stocks/Bonds 60/40 Momentum Portfolio is a High Risk portfolio and can be implemented with 2 ETFs.
It's exposed for 60% on the Stock Market.
In the last 30 Years, the Stocks/Bonds 60/40 Momentum Portfolio obtained a 9.98% compound annual return, with a 9.57% standard deviation.
Asset Allocation and ETFs
The Stocks/Bonds 60/40 Momentum Portfolio has the following asset allocation:
The Stocks/Bonds 60/40 Momentum Portfolio can be implemented with the following ETFs:
Weight (%)  Ticker  Currency  ETF Name  Investment Themes 

60.00 
MTUM

USD  iShares Edge MSCI USA Momentum Fctr  Equity, U.S., Large Cap, Growth 
40.00 
BND

USD  Vanguard Total Bond Market  Bond, U.S., AllTerm 
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 Mar 31, 2024
The Stocks/Bonds 60/40 Momentum Portfolio guaranteed the following returns.
 no fees or capital gain taxes.
 a rebalancing of the components at every January 1st. How do returns change with different rebalancing strategies?
 the reinvestment of dividends.
Chg (%)  Return (%)  Return (%) as of Mar 31, 2024  

1 Day  Time ET^{(*)}  Apr 2024  1M  6M  1Y  5Y  10Y  30Y 
MAX
(~42Y) 

Stocks/Bonds 60/40 Momentum Portfolio  0.98  1.78  2.17  22.75  21.53  7.57  8.75  9.98  11.24  
Components  
MTUM

USD  iShares Edge MSCI USA Momentum Fctr  1.78  Apr 12 2024  1.84  2.91  34.54  36.11  12.19  13.40  12.95  13.78 
BND

USD  Vanguard Total Bond Market  0.23  Apr 12 2024  1.68  0.85  5.87  1.62  0.32  1.49  4.30  6.45 
In 2023, the Stocks/Bonds 60/40 Momentum Portfolio granted a 2.16% dividend yield. If you are interested in getting periodic income, please refer to the Stocks/Bonds 60/40 Momentum Portfolio: Dividend Yield page.
Capital Growth as of Mar 31, 2024
The Inflation Adjusted Capital now would be 8.18$, with a net total return of 717.84% (7.26% annualized).
The Inflation Adjusted Capital now would be 27.14$, with a net total return of 2613.76% (8.13% annualized).
Portfolio Metrics as of Mar 31, 2024
Metrics of Stocks/Bonds 60/40 Momentum Portfolio, updated as of 31 March 2024.
 no fees or capital gain taxes.
 a rebalancing of the components at every January 1st. How do returns change with different rebalancing strategies?
 the reinvestment of dividends.
Metrics as of Mar 31, 2024  

1M  3M  6M  1Y  3Y  5Y  10Y  20Y  30Y 
MAX
(~42Y) 

Investment Return (%)  2.17  11.43  22.75  21.53  3.10  7.57  8.75  8.25  9.98  11.24 
US Inflation (%)  0.38  1.13  1.61  3.48  5.63  4.19  2.84  2.59  2.54  2.88 
Returns / Inflation rates over 1 year are annualized.  
DRAWDOWN

1Y  3Y  5Y  10Y  20Y  30Y  MAX  
Deepest Drawdown Depth (%)  5.48  24.21  24.21  24.21  32.52  32.52  32.52  
Start to Recovery (# months) details  4  29*  29*  29*  40  40  40  
Start (yyyy mm)  2023 08  2021 11  2021 11  2021 11  2007 11  2007 11  2007 11  
Start to Bottom (# months)  3  11  11  11  16  16  16  
Bottom (yyyy mm)  2023 10  2022 09  2022 09  2022 09  2009 02  2009 02  2009 02  
Bottom to End (# months)  1  18  18  18  24  24  24  
End (yyyy mm)  2023 11        2011 02  2011 02  2011 02  
Longest Drawdown Depth (%) 
same as deepest 
same as deepest 
same as deepest 
same as deepest 
same as deepest 
21.14  21.14  
Start to Recovery (# months) details  41  41  
Start (yyyy mm)  2023 08  2021 11  2021 11  2021 11  2007 11  2000 09  2000 09  
Start to Bottom (# months)  3  11  11  11  16  25  25  
Bottom (yyyy mm)  2023 10  2022 09  2022 09  2022 09  2009 02  2002 09  2002 09  
Bottom to End (# months)  1  18  18  18  24  16  16  
End (yyyy mm)  2023 11        2011 02  2004 01  2004 01  
Longest negative period (# months) details  7  33  40  40  53  53  53  
Period Start (yyyy mm)  2023 04  2021 04  2020 07  2020 07  2004 10  2004 10  2004 10  
Period End (yyyy mm)  2023 10  2023 12  2023 10  2023 10  2009 02  2009 02  2009 02  
Annualized Return (%)  4.35  0.61  0.28  0.28  0.02  0.02  0.02  
Drawdowns / Negative periods marked with * are in progress  
Deepest Drawdown Depth (%)  6.37  29.63  29.63  29.63  33.64  33.64  33.64  
Start to Recovery (# months) details  4  29*  29*  29*  52  52  52  
Start (yyyy mm)  2023 08  2021 11  2021 11  2021 11  2007 11  2007 11  2007 11  
Start to Bottom (# months)  3  24  24  24  16  16  16  
Bottom (yyyy mm)  2023 10  2023 10  2023 10  2023 10  2009 02  2009 02  2009 02  
Bottom to End (# months)  1  5  5  5  36  36  36  
End (yyyy mm)  2023 11        2012 02  2012 02  2012 02  
Longest Drawdown Depth (%) 
same as deepest 
same as deepest 
same as deepest 
same as deepest 
same as deepest 
24.67  24.67  
Start to Recovery (# months) details  57  57  
Start (yyyy mm)  2023 08  2021 11  2021 11  2021 11  2007 11  2000 09  2000 09  
Start to Bottom (# months)  3  24  24  24  16  25  25  
Bottom (yyyy mm)  2023 10  2023 10  2023 10  2023 10  2009 02  2002 09  2002 09  
Bottom to End (# months)  1  5  5  5  36  32  32  
End (yyyy mm)  2023 11        2012 02  2005 05  2005 05  
Longest negative period (# months) details  7  36*  55  69  69  119  119  
Period Start (yyyy mm)  2023 04  2021 04  2019 04  2018 02  2018 02  1999 04  1999 04  
Period End (yyyy mm)  2023 10  2024 03  2023 10  2023 10  2023 10  2009 02  2009 02  
Annualized Return (%)  7.41  2.40  1.01  0.68  0.68  0.14  0.14  
Drawdowns / Negative periods marked with * are in progress  
RISK INDICATORS

1Y  3Y  5Y  10Y  20Y  30Y  MAX  
Standard Deviation (%)  11.48  13.04  12.62  10.30  9.65  9.57  9.89  
Sharpe Ratio  1.42  0.05  0.45  0.73  0.71  0.81  0.73  
Sortino Ratio  1.94  0.06  0.61  0.98  0.93  1.06  0.98  
Ulcer Index  2.09  14.64  11.53  8.34  8.66  8.22  7.38  
Ratio: Return / Standard Deviation  1.88  0.24  0.60  0.85  0.85  1.04  1.14  
Ratio: Return / Deepest Drawdown  3.93  0.13  0.31  0.36  0.25  0.31  0.35  
% Positive Months details  66%  55%  60%  61%  63%  64%  66%  
Positive Months  8  20  36  74  153  233  335  
Negative Months  4  16  24  46  87  127  172  
LONG TERM RETURNS

1Y  3Y  5Y  10Y  20Y  30Y  MAX  
Best 10 Years Return (%)  Annualized  8.75  12.67  14.22  18.37  
Worst 10 Years Return (%)  Annualized  6.78  2.81  2.81  
Best 10 Years Return (%)  Annualized  5.75  10.72  11.46  15.20  
Worst 10 Years Return (%)  Annualized  3.97  0.21  0.21  
ROLLING PERIODS

1Y  3Y  5Y  10Y  20Y  30Y  MAX  
Over the latest 30Y  
Best Rolling Return (%)  Annualized  38.32  28.17  26.80  14.22  11.08  9.98  
Worst Rolling Return (%)  Annualized  28.28  6.27  0.29  2.81  6.57  
% Positive Periods  82%  85%  100%  100%  100%  100%  
SWR  Safe Withdrawal Rate (%)  100% Success  Annualized  83.18  27.82  17.73  9.72  6.11  10.02  
PWR  Perpetual Withdrawal Rate (%)  100% Success  Annualized        0.24  3.53  8.79  
WR calculated based on initial capital  Monthly withdrawals adjusted for inflation  Credits: BestRetirementPortfolio.com  
Best Rolling Return (%)  Annualized  36.45  25.64  23.86  11.46  8.56  7.26  
Worst Rolling Return (%)  Annualized  28.28  8.26  2.30  0.21  4.40  
% Positive Periods  79%  77%  98%  100%  100%  100%  
SWR  Safe Withdrawal Rate (%)  100% Success  Annualized  83.18  27.82  17.73  9.72  6.11  10.02  
PWR  Perpetual Withdrawal Rate (%)  100% Success  Annualized        0.24  3.53  8.79  
WR calculated based on initial capital  Monthly withdrawals adjusted for inflation  Credits: BestRetirementPortfolio.com  
Over all the available data source (Jan 1982  Mar 2024)  
Best Rolling Return (%)  Annualized  46.80  28.17  26.80  18.37  15.05  12.24  
Worst Rolling Return (%)  Annualized  28.28  6.27  0.29  2.81  6.57  9.05  
% Positive Periods  84%  89%  100%  100%  100%  100%  
SWR  Safe Withdrawal Rate (%)  100% Success  Annualized  83.18  27.82  17.73  9.72  6.11  7.95  
PWR  Perpetual Withdrawal Rate (%)  100% Success  Annualized        0.24  3.53  7.05  
WR calculated based on initial capital  Monthly withdrawals adjusted for inflation  Credits: BestRetirementPortfolio.com  
Best Rolling Return (%)  Annualized  43.25  25.64  23.86  15.20  11.46  8.99  
Worst Rolling Return (%)  Annualized  28.28  8.26  2.30  0.21  4.40  6.37  
% Positive Periods  79%  84%  98%  100%  100%  100%  
SWR  Safe Withdrawal Rate (%)  100% Success  Annualized  83.18  27.82  17.73  9.72  6.11  7.95  
PWR  Perpetual Withdrawal Rate (%)  100% Success  Annualized        0.24  3.53  7.05  
WR calculated based on initial capital  Monthly withdrawals adjusted for inflation  Credits: BestRetirementPortfolio.com 
 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 riskadjusted performance of the portfolio. It's calculated by dividing the excess return of the portfolio over the riskfree rate by the portfolio standard deviation. The riskfree rate here considered is the 13 Mth TBill return.
 Sortino Ratio: another measure of riskadjusted 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 10year return over a time frame.
 Rolling Returns: Nyear 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 nonnegative minimum return.
Portfolio Components Correlation
Correlation measures to what degree the returns of the two assets move in relation to each other.
Asset correlations are calculated based on monthly returns.
If you want to learn more about historical correlations, you can find out here how the main asset class are correlated to each other.
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.
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.
If you need a deeper detail about rolling returns, please refer to the Stocks/Bonds 60/40 Momentum Portfolio: Rolling Returns page.
Seasonality
In which months is it better to invest in Stocks/Bonds 60/40 Momentum Portfolio?
For further information about the seasonality, check the Asset Class Seasonality page.
Monthly Returns
This section provides a visual/tabular representation of the performance variability in the Stocks/Bonds 60/40 Momentum Portfolio over time. It illustrates the distribution of monthly returns, showcasing the range and frequency of positive and negative returns.
You can find additional information on extended Data Sources here.
In particular, the series derived from equivalent datasets are:
 MTUM  iShares Edge MSCI USA Momentum Fctr (MTUM), up to December 2013
 BND  Vanguard Total Bond Market (BND), up to December 2007
Portfolio efficiency
No other portfolio in our database granted a higher return over 30 Years and a less severe drawdown at the same time.
In the following table, you can compare the current portfolio with a list of famous portfolios. Metrics are calculated over the last 30 Years.
The following portfolios share asset allocation strategy and/or similar asset weights.
Explore historical data since 1871 and finetune your investment strategy for better results.