Ferdinando Ametrano New Talmud Portfolio vs Tyler Pinwheel To EUR Bond Hedged Portfolio Portfolio Comparison

Simulation Settings

Period: January 2011 - March 2026 (~15 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

All Data
(2011/01 - 2026/03)

Inflation Adjusted:

JP Morgan Balanced Portfolio

1.00$
Invested Capital
January 2011
2.89$
Final Capital
March 2026
7.21%
Yearly Return
9.56%
Std Deviation
-18.85%
Max Drawdown
27months
Recovery Period

1.00$
Invested Capital
January 2011
1.93$
Final Capital
March 2026
4.40%
Yearly Return
9.56%
Std Deviation
-23.53%
Max Drawdown
48months
Recovery Period

Tyler Pinwheel To EUR Bond Hedged Portfolio

1.00€
Invested Capital
January 2011
3.06€
Final Capital
March 2026
7.61%
Yearly Return
8.60%
Std Deviation
-14.28%
Max Drawdown
11months
Recovery Period

1.00€
Invested Capital
January 2011
2.20€
Final Capital
March 2026
5.32%
Yearly Return
8.60%
Std Deviation
-18.64%
Max Drawdown
35months
Recovery Period

As of March 2026, over the analyzed timeframe, the JP Morgan Balanced Portfolio obtained a 7.21% compound annual return, with a 9.56% standard deviation. It suffered a maximum drawdown of -18.85% that required 27 months to be recovered.

As of March 2026, over the analyzed timeframe, the Tyler Pinwheel To EUR Bond Hedged Portfolio obtained a 7.61% compound annual return, with a 8.60% standard deviation. It suffered a maximum drawdown of -14.28% that required 11 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.

JP Morgan Balanced Portfolio

Weight (%)	Ticker	Name
25.00	SPY	SPDR S&P 500
15.00	EFA	iShares MSCI EAFE
10.00	IJR	iShares Core S&P Small-Cap
5.00	EEM	iShares MSCI Emerging Markets
5.00	VNQ	Vanguard Real Estate
25.00	BND	Vanguard Total Bond Market
5.00	BIL	SPDR Blmbg Barclays 1-3 Mth T-Bill
5.00	HYG	iShares iBoxx $ High Yield Corporate Bond
5.00	DBC	Invesco DB Commodity Tracking

Tyler Pinwheel To EUR Bond Hedged Portfolio

Weight (%)	Ticker	Name
30.00	EUNL.DE	iShares Core MSCI World
15.00	IQQ7.DE	iShares US Property Yield
10.00	IS3N.DE	iShares Core MSCI Emerg. Markets
10.00	ZPRV.DE	SPDR MSCI USA Small Cap Value Weighted
15.00	CBUE.DE	iShares USD Treasury Bond 3-7yr Eur Hedged
10.00	PR1H.DE	Amundi US Treasury Bond 0-1Y EUR Hedged
10.00	PHAU	WisdomTree Physical Gold

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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

All Data
(2011/01 - 2026/03)

Inflation Adjusted:

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	Initial Amount $	Final Amount $	Total Return (%)	Annualized (%)
JP Morgan Balanced Portfolio JP Morgan	1 $	2.89 $	188.94%	7.21%
Pinwheel To EUR Bond Hedged Tyler	1 $	3.06 $	206.05%	7.61%
	Jan 2011	Mar 2026

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	Initial Amount $	Final Amount $	Total Return (%)	Annualized (%)
JP Morgan Balanced Portfolio JP Morgan	1 $	1.93 $	92.82%	4.40%
Pinwheel To EUR Bond Hedged Tyler	1 $	2.20 $	120.32%	5.32%
	Jan 2011	Mar 2026

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		Return (%) as of Mar 31, 2026
		YTD (3M)	1M	6M	1Y	5Y	10Y	MAX (~15Y)
	JP Morgan Balanced Portfolio JP Morgan	1.21	-3.29	3.41	15.02	6.58	8.01	7.21
	Pinwheel • Bond Hedged Tyler	1.35	-4.61	4.97	11.41	7.76	7.64	7.61
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 January 2011 - 31 March 2026 (~15 years)

1 Year

5 Years

10 Years

All (2011/01 - 2026/03)

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	JP Morgan Balanced Portfolio	Pinwheel To EUR Bond Hedged
Author	JP Morgan	Tyler
ASSET ALLOCATION
Stocks	60%	65%
Fixed Income	35%	25%
Commodities	5%	10%
PERFORMANCES
Annualized Return (%)	15.02	11.41
Infl. Adjusted (%)	11.31	8.66
DRAWDOWN
Deepest Drawdown Depth (%)	-3.29	-4.61
Start to Recovery (months)	1*	1*
Longest Drawdown Depth (%)	-0.44	-3.14
Start to Recovery (months)	2	4
Longest Negative Period (months)	2*	3
Drawdowns / Negative periods marked with * are in progress
RISK INDICATORS
Standard Deviation (%)	6.07	8.50
Sharpe Ratio	1.82	0.87
Sortino Ratio	2.25	1.06
Ulcer Index	0.92	1.55
Ratio: Return / Standard Deviation	2.48	1.34
Ratio: Return / Deepest Drawdown	4.56	2.48
Metrics calculated over the period 1 April 2025 - 31 March 2026

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	JP Morgan Balanced Portfolio	Pinwheel To EUR Bond Hedged
Author	JP Morgan	Tyler
ASSET ALLOCATION
Stocks	60%	65%
Fixed Income	35%	25%
Commodities	5%	10%
PERFORMANCES
Annualized Return (%)	6.58	7.76
Infl. Adjusted (%)	1.98	3.35
DRAWDOWN
Deepest Drawdown Depth (%)	-18.85	-10.17
Start to Recovery (months)	27	25
Longest Drawdown Depth (%)	-18.85	-10.17
Start to Recovery (months)	27	25
Longest Negative Period (months)	31	28
RISK INDICATORS
Standard Deviation (%)	10.46	8.84
Sharpe Ratio	0.32	0.51
Sortino Ratio	0.42	0.68
Ulcer Index	6.28	4.11
Ratio: Return / Standard Deviation	0.63	0.88
Ratio: Return / Deepest Drawdown	0.35	0.76
Metrics calculated over the period 1 April 2021 - 31 March 2026

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	JP Morgan Balanced Portfolio	Pinwheel To EUR Bond Hedged
Author	JP Morgan	Tyler
ASSET ALLOCATION
Stocks	60%	65%
Fixed Income	35%	25%
Commodities	5%	10%
PERFORMANCES
Annualized Return (%)	8.01	7.64
Infl. Adjusted (%)	4.52	4.76
DRAWDOWN
Deepest Drawdown Depth (%)	-18.85	-14.28
Start to Recovery (months)	27	11
Longest Drawdown Depth (%)	-18.85	-10.17
Start to Recovery (months)	27	25
Longest Negative Period (months)	32	37
RISK INDICATORS
Standard Deviation (%)	10.08	8.90
Sharpe Ratio	0.58	0.62
Sortino Ratio	0.76	0.82
Ulcer Index	5.04	3.80
Ratio: Return / Standard Deviation	0.79	0.86
Ratio: Return / Deepest Drawdown	0.42	0.53
Metrics calculated over the period 1 April 2016 - 31 March 2026

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	JP Morgan Balanced Portfolio	Pinwheel To EUR Bond Hedged
Author	JP Morgan	Tyler
ASSET ALLOCATION
Stocks	60%	65%
Fixed Income	35%	25%
Commodities	5%	10%
PERFORMANCES
Annualized Return (%)	7.21	7.61
Infl. Adjusted (%)	4.40	5.32
DRAWDOWN
Deepest Drawdown Depth (%)	-18.85	-14.28
Start to Recovery (months)	27	11
Longest Drawdown Depth (%)	-18.85	-10.17
Start to Recovery (months)	27	25
Longest Negative Period (months)	32	37
RISK INDICATORS
Standard Deviation (%)	9.56	8.60
Sharpe Ratio	0.61	0.73
Sortino Ratio	0.81	0.97
Ulcer Index	4.51	3.62
Ratio: Return / Standard Deviation	0.75	0.88
Ratio: Return / Deepest Drawdown	0.38	0.53
Metrics calculated over the period 1 January 2011 - 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 2016 - 31 March 2026 (10 years)

Period: 1 January 2011 - 31 March 2026 (~15 years)

Chart Table

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JP Morgan Balanced Portfolio			Pinwheel To EUR Bond Hedged
Drawdown (%)	Recovery (#Months)	From To	Drawdown (%)	Recovery (#Months)	From To
-18.85	27	Jan 2022 Mar 2024
-15.47	8	Jan 2020 Aug 2020
			-14.28	11	Feb 2020 Dec 2020
-12.53	10	May 2011 Feb 2012
			-10.30	16	Apr 2015 Jul 2016
			-10.17	25	Jan 2022 Jan 2024
-9.17	8	Sep 2018 Apr 2019
-8.03	14	Jun 2015 Jul 2016
			-7.41	8	Feb 2025 Sep 2025
			-6.82	6	Sep 2018 Feb 2019
			-6.55	7	Jun 2011 Dec 2011
-5.50	5	Apr 2012 Aug 2012
			-4.93	15	Mar 2017 May 2018
			-4.61	1*	Mar 2026 In progress
			-3.99	11	Apr 2013 Feb 2014

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 2011 - 31 March 2026 (~15 years)

Rolling Period:

JP Morgan Balanced Portfolio
Pinwheel To EUR Bond Hedged

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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	JP Morgan Balanced Portfolio		Pinwheel To EUR Bond Hedged
Year	Return (%)	Drawdown (%)	Return (%)	Drawdown (%)
2026	1.21	-3.29	1.35	-4.61
2025	14.43	-2.36	8.35	-7.41
2024	9.29	-3.04	16.51	-2.33
2023	13.79	-7.82	11.14	-5.05
2022	-13.45	-18.85	-10.17	-10.17
2021	15.19	-2.45	23.02	-1.38
2020	9.26	-15.47	1.52	-14.28
2019	19.35	-3.69	20.38	-2.79
2018	-5.75	-9.17	-3.77	-6.82
2017	14.09	0.00	2.33	-4.20
2016	9.08	-3.28	10.37	-3.27
2015	-2.23	-6.99	4.86	-10.30
2014	4.48	-2.74	17.85	-0.57
2013	14.73	-2.28	5.33	-3.99
2012	11.83	-5.50	9.82	-1.74
2011	0.39	-12.53	2.59	-6.55

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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