All Country World 60/40 To EUR Portfolio vs US Stocks/Bonds 60/40 To EUR Bond Hedged Portfolio Portfolio Comparison

Simulation Settings

Period: August 1972 - July 2025 (~53 years)
Consolidated Returns as of 31 July 2025

Initial Amount: 1€

Rebalancing: at every Jan 1^st

Currency: EUR

Inflation: Eurozone

(Change Settings)

Results

30 Years
(1995/08 - 2025/07)

All Data
(1972/08 - 2025/07)

Inflation Adjusted:

All Country World 60/40 To EUR Portfolio

1.00€
Invested Capital
August 1995
7.90€
Final Capital
July 2025
7.13%
Yearly Return
10.30%
Std Deviation
-34.41%
Max Drawdown
79months
Recovery Period

1.00€
Invested Capital
August 1995
4.31€
Final Capital
July 2025
4.99%
Yearly Return
10.30%
Std Deviation
-38.10%
Max Drawdown
160months
Recovery Period

1.00€
Invested Capital
August 1972
46.44€
Final Capital
July 2025
7.51%
Yearly Return
11.90%
Std Deviation
-36.70%
Max Drawdown
95months
Recovery Period

1.00€
Invested Capital
August 1972
11.16€
Final Capital
July 2025
4.66%
Yearly Return
11.90%
Std Deviation
-45.41%
Max Drawdown
123months
Recovery Period

US Stocks/Bonds 60/40 To EUR Bond Hedged Portfolio

1.00€
Invested Capital
August 1995
11.36€
Final Capital
July 2025
8.44%
Yearly Return
9.81%
Std Deviation
-27.44%
Max Drawdown
77months
Recovery Period

1.00€
Invested Capital
August 1995
6.19€
Final Capital
July 2025
6.27%
Yearly Return
9.81%
Std Deviation
-36.20%
Max Drawdown
142months
Recovery Period

1.00€
Invested Capital
August 1972
103.22€
Final Capital
July 2025
9.14%
Yearly Return
10.95%
Std Deviation
-31.12%
Max Drawdown
37months
Recovery Period

1.00€
Invested Capital
August 1972
24.81€
Final Capital
July 2025
6.25%
Yearly Return
10.95%
Std Deviation
-38.70%
Max Drawdown
95months
Recovery Period

As of July 2025, in the previous 30 Years, the All Country World 60/40 To EUR Portfolio obtained a 7.13% compound annual return, with a 10.30% standard deviation. It suffered a maximum drawdown of -34.41% that required 79 months to be recovered.

As of July 2025, in the previous 30 Years, the US Stocks/Bonds 60/40 To EUR Bond Hedged Portfolio obtained a 8.44% compound annual return, with a 9.81% standard deviation. It suffered a maximum drawdown of -27.44% that required 77 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.

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Asset Allocations and ETFs

The compared portfolios have the following asset allocations.

All Country World 60/40 To EUR Portfolio

Weight (%)	Ticker	Name
60.00	IUSQ.DE	iShares MSCI ACWI
40.00	EUNU.DE	iShares Core Global Aggregate Bond

US Stocks/Bonds 60/40 To EUR Bond Hedged Portfolio

Weight (%)	Ticker	Name
60.00	XD9U.DE	Xtrackers MSCI USA
40.00	EUNE.MU	iShares US Aggregate Bond UCITS - EUR Hdg

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Portfolio Returns as of Jul 31, 2025

Returns are calculated in EUR, assuming:

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

Return Comparison

Capital Growth

30 Years
(1995/08 - 2025/07)

All Data
(1972/08 - 2025/07)

Inflation Adjusted:

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	Initial Amount €	Final Amount €	Total Return (%)	Annualized (%)
All Country World 60/40 To EUR	1 €	7.90 €	690.42%	7.13%
US Stocks/Bonds 60/40 To EUR Bond Hedged	1 €	11.36 €	1 036.36%	8.44%
	Aug 1995	Jul 2025

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	Initial Amount €	Final Amount €	Total Return (%)	Annualized (%)
All Country World 60/40 To EUR	1 €	4.31 €	330.72%	4.99%
US Stocks/Bonds 60/40 To EUR Bond Hedged	1 €	6.19 €	519.23%	6.27%
	Aug 1995	Jul 2025

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	Initial Amount €	Final Amount €	Total Return (%)	Annualized (%)
All Country World 60/40 To EUR	1 €	46.44 €	4 543.65%	7.51%
US Stocks/Bonds 60/40 To EUR Bond Hedged	1 €	103.22 €	10 222.50%	9.14%
	Aug 1972	Jul 2025

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	Initial Amount €	Final Amount €	Total Return (%)	Annualized (%)
All Country World 60/40 To EUR	1 €	11.16 €	1 015.94%	4.66%
US Stocks/Bonds 60/40 To EUR Bond Hedged	1 €	24.81 €	2 380.66%	6.25%
	Aug 1972	Jul 2025

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		Return (%) as of Jul 31, 2025
		YTD (7M)	1M	6M	1Y	5Y	10Y	30Y	MAX (~53Y)
	All Country World 60/40 -- Market Benchmark	-0.28	3.40	-3.19	5.67	7.71	6.10	7.13	7.51
	US Stocks/Bonds 60/40 • Bond Hedged -- Market Benchmark	1.15	3.50	-2.31	8.51	8.92	7.85	8.44	9.14
Returns over 1 year are annualized.

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Portfolio Metrics as of Jul 31, 2025

The following metrics, updated as of 31 July 2025, provide an overview of performance and risk, with the best value in each row highlighted within the table.

METRIC COMPARISON

Period: 1 August 2024 - 31 July 2025 (1 year)

Period: 1 August 2020 - 31 July 2025 (5 years)

Period: 1 August 2015 - 31 July 2025 (10 years)

Period: 1 August 1995 - 31 July 2025 (30 years)

Period: 1 August 1972 - 31 July 2025 (~53 years)

1 Year

5 Years

10 Years

30 Years

All (1972/08 - 2025/07)

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	All Country World 60/40 To EUR	US Stocks/Bonds 60/40 To EUR Bond Hedged
Author
ASSET ALLOCATION
Stocks	60%	60%
Fixed Income	40%	40%
Commodities	0%	0%
PERFORMANCES
Annualized Return (%)	5.67	8.51
Infl. Adjusted (%)	3.56	6.35
DRAWDOWN
Deepest Drawdown Depth (%)	-9.48	-9.73
Start to Recovery (months)	6*	6*
Longest Drawdown Depth (%)	-9.48	-9.73
Start to Recovery (months)	6*	6*
Longest Negative Period (months)	9	8*
Drawdowns / Negative periods marked with * are in progress
RISK INDICATORS
Standard Deviation (%)	10.22	10.79
Sharpe Ratio	0.11	0.37
Sortino Ratio	0.15	0.49
Ulcer Index	4.17	4.26
Ratio: Return / Standard Deviation	0.55	0.79
Ratio: Return / Deepest Drawdown	0.60	0.88
Metrics calculated over the period 1 August 2024 - 31 July 2025

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	All Country World 60/40 To EUR	US Stocks/Bonds 60/40 To EUR Bond Hedged
Author
ASSET ALLOCATION
Stocks	60%	60%
Fixed Income	40%	40%
Commodities	0%	0%
PERFORMANCES
Annualized Return (%)	7.71	8.92
Infl. Adjusted (%)	3.40	4.57
DRAWDOWN
Deepest Drawdown Depth (%)	-12.43	-14.68
Start to Recovery (months)	26	26
Longest Drawdown Depth (%)	-12.43	-14.68
Start to Recovery (months)	26	26
Longest Negative Period (months)	28	28
RISK INDICATORS
Standard Deviation (%)	8.94	10.29
Sharpe Ratio	0.55	0.60
Sortino Ratio	0.77	0.83
Ulcer Index	5.17	6.31
Ratio: Return / Standard Deviation	0.86	0.87
Ratio: Return / Deepest Drawdown	0.62	0.61
Metrics calculated over the period 1 August 2020 - 31 July 2025

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	All Country World 60/40 To EUR	US Stocks/Bonds 60/40 To EUR Bond Hedged
Author
ASSET ALLOCATION
Stocks	60%	60%
Fixed Income	40%	40%
Commodities	0%	0%
PERFORMANCES
Annualized Return (%)	6.10	7.85
Infl. Adjusted (%)	3.42	5.12
DRAWDOWN
Deepest Drawdown Depth (%)	-12.43	-14.68
Start to Recovery (months)	26	26
Longest Drawdown Depth (%)	-12.43	-14.68
Start to Recovery (months)	26	26
Longest Negative Period (months)	28	28
RISK INDICATORS
Standard Deviation (%)	8.91	9.79
Sharpe Ratio	0.48	0.61
Sortino Ratio	0.65	0.84
Ulcer Index	4.36	4.92
Ratio: Return / Standard Deviation	0.68	0.80
Ratio: Return / Deepest Drawdown	0.49	0.53
Metrics calculated over the period 1 August 2015 - 31 July 2025

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	All Country World 60/40 To EUR	US Stocks/Bonds 60/40 To EUR Bond Hedged
Author
ASSET ALLOCATION
Stocks	60%	60%
Fixed Income	40%	40%
Commodities	0%	0%
PERFORMANCES
Annualized Return (%)	7.13	8.44
Infl. Adjusted (%)	4.99	6.27
DRAWDOWN
Deepest Drawdown Depth (%)	-34.41	-27.44
Start to Recovery (months)	79	77
Longest Drawdown Depth (%)	-34.41	-27.44
Start to Recovery (months)	79	77
Longest Negative Period (months)	119	119
RISK INDICATORS
Standard Deviation (%)	10.30	9.81
Sharpe Ratio	0.47	0.63
Sortino Ratio	0.65	0.85
Ulcer Index	10.82	8.61
Ratio: Return / Standard Deviation	0.69	0.86
Ratio: Return / Deepest Drawdown	0.21	0.31
Metrics calculated over the period 1 August 1995 - 31 July 2025

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	All Country World 60/40 To EUR	US Stocks/Bonds 60/40 To EUR Bond Hedged
Author
ASSET ALLOCATION
Stocks	60%	60%
Fixed Income	40%	40%
Commodities	0%	0%
PERFORMANCES
Annualized Return (%)	7.51	9.14
Infl. Adjusted (%)	4.66	6.25
DRAWDOWN
Deepest Drawdown Depth (%)	-36.70	-31.12
Start to Recovery (months)	95	37
Longest Drawdown Depth (%)	-36.70	-27.44
Start to Recovery (months)	95	77
Longest Negative Period (months)	119	119
RISK INDICATORS
Standard Deviation (%)	11.90	10.95
Sharpe Ratio	0.26	0.43
Sortino Ratio	0.36	0.60
Ulcer Index	12.24	8.38
Ratio: Return / Standard Deviation	0.63	0.83
Ratio: Return / Deepest Drawdown	0.20	0.29
Metrics calculated over the period 1 August 1972 - 31 July 2025

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 August 1995 - 31 July 2025 (30 years)

Period: 1 August 1972 - 31 July 2025 (~53 years)

30 Years
(1995/08 - 2025/07)

Chart Table

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All Country World 60/40 To EUR			US Stocks/Bonds 60/40 To EUR Bond Hedged
Drawdown (%)	Recovery (#Months)	From To	Drawdown (%)	Recovery (#Months)	From To
-34.41	79	Nov 2000 May 2007
			-27.44	77	Sep 2000 Jan 2007
-26.55	35	Jun 2007 Apr 2010
			-26.27	35	Jun 2007 Apr 2010
			-14.68	26	Jan 2022 Feb 2024
-13.10	10	Apr 1998 Jan 1999
-12.43	26	Jan 2022 Feb 2024
			-11.90	6	Jul 1998 Dec 1998
-11.42	10	Feb 2020 Nov 2020
			-11.20	7	Feb 2020 Aug 2020
			-9.73	6*	Feb 2025 In progress
-9.71	7	Aug 1997 Feb 1998
-9.65	20	Apr 2015 Nov 2016
-9.48	6*	Feb 2025 In progress
			-7.96	6	Oct 2018 Mar 2019

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All Country World 60/40 To EUR			US Stocks/Bonds 60/40 To EUR Bond Hedged
Drawdown (%)	Recovery (#Months)	From To	Drawdown (%)	Recovery (#Months)	From To
-36.70	95	Jan 1973 Nov 1980
-34.41	79	Nov 2000 May 2007
			-31.12	37	Jan 1973 Jan 1976
-29.76	42	Sep 1989 Feb 1993
			-27.44	77	Sep 2000 Jan 2007
-26.55	35	Jun 2007 Apr 2010
			-26.27	35	Jun 2007 Apr 2010
			-23.49	17	Sep 1987 Jan 1989
-23.33	11	Sep 1987 Jul 1988
			-18.61	19	Sep 1989 Mar 1991
			-14.68	26	Jan 2022 Feb 2024
-14.48	24	Feb 1994 Jan 1996
-13.10	10	Apr 1998 Jan 1999
-12.43	26	Jan 2022 Feb 2024
			-11.90	6	Jul 1998 Dec 1998

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 August 1972 - 31 July 2025 (~53 years)

Rolling Period:

All Country World 60/40 To EUR
US Stocks/Bonds 60/40 To EUR Bond Hedged

Head To Head (Ptf 1 vs Ptf 2):

Eurozone 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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	All Country World 60/40 To EUR		US Stocks/Bonds 60/40 To EUR Bond Hedged
Year	Return (%)	Drawdown (%)	Return (%)	Drawdown (%)
2025	-0.28	-9.48	1.15	-9.73
2024	16.55	-1.67	19.12	-2.18
2023	11.63	-4.23	14.40	-4.84
2022	-12.43	-12.43	-14.68	-14.68
2021	18.69	-1.25	21.87	-1.91
2020	2.70	-11.42	7.59	-11.20
2019	21.76	-2.52	23.02	-2.74
2018	-2.46	-6.22	-1.88	-7.96
2017	3.09	-4.16	4.92	-2.90
2016	8.60	-3.52	9.39	-3.66
2015	8.15	-9.65	7.42	-7.15
2014	17.25	0.00	19.70	-0.17
2013	7.70	-2.77	16.04	-1.88
2012	7.96	-1.94	9.97	-1.70
2011	1.14	-6.72	6.10	-4.72
2010	17.63	-0.67	18.09	-2.78
2009	19.06	-5.56	17.26	-6.49
2008	-19.12	-19.12	-17.08	-17.08
2007	0.62	-4.40	-0.61	-4.92
2006	3.94	-5.41	3.00	-5.14
2005	20.69	-1.17	13.39	-1.63
2004	5.73	-1.90	4.67	-1.40
2003	5.68	-4.43	7.40	-3.73
2002	-19.09	-21.47	-15.67	-18.78
2001	-3.85	-14.98	-0.02	-12.19
2000	1.09	-12.44	0.88	-10.60
1999	32.77	-5.44	25.15	-6.11
1998	9.36	-13.10	12.33	-11.90
1997	25.96	-9.71	32.93	-4.62
1996	14.33	-5.60	15.04	-5.20
1995	11.97	-4.21	25.36	-0.94
1994	-8.46	-12.37	-6.11	-10.01
1993	29.28	-1.96	17.68	-2.41
1992	8.34	-13.18	17.88	-5.10
1991	19.44	-8.97	28.73	-4.70
1990	-17.29	-20.47	-7.48	-13.95
1989	9.08	-11.68	20.07	-6.01
1988	30.18	-4.16	20.38	-4.97
1987	-4.02	-23.33	-9.75	-23.49
1986	9.50	-8.19	2.47	-7.69
1985	11.44	-8.40	10.69	-8.20
1984	20.81	-8.76	14.82	-8.56
1983	34.93	-0.90	27.82	-1.90
1982	26.21	-1.97	30.76	-1.42
1981	16.78	-9.54	9.44	-9.60
1980	29.95	-1.08	27.72	-6.53
1979	1.70	-7.13	13.58	-7.21
1978	-1.64	-15.52	-2.13	-8.20
1977	-6.94	-6.94	-6.17	-6.82
1976	5.67	-5.93	22.57	-1.24
1975	28.83	-0.85	33.86	-8.38
1974	-22.65	-24.53	-18.55	-23.24
1973	-18.17	-25.05	-12.47	-16.79

Table of contents

Resources & Extras

Asset Allocations and ETFs

Portfolio Returns as of Jul 31, 2025

Portfolio Metrics as of Jul 31, 2025

Drawdowns

Rolling Returns

Yearly Returns