Canada Stocks/Bonds 60/40 Portfolio vs Vanguard Conservative Income Portfolio Portfolio Comparison

Simulation Settings

Period: January 1988 - May 2026 (~38 years)
Consolidated Returns as of 31 May 2026

Initial Amount: 1$

Rebalancing: at every Jan 1^st

Currency: CAD

Inflation: Canada

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Results

30 Years
(1996/06 - 2026/05)

All Data
(1988/01 - 2026/05)

Inflation Adjusted:

Canada Stocks/Bonds 60/40 Portfolio

1.00$
Invested Capital
June 1996
8.07$
Final Capital
May 2026
7.21%
Yearly Return
9.44%
Std Deviation
-26.63%
Max Drawdown
27months
Recovery Period

1.00$
Invested Capital
June 1996
4.28$
Final Capital
May 2026
4.96%
Yearly Return
9.44%
Std Deviation
-29.42%
Max Drawdown
59months
Recovery Period

1.00$
Invested Capital
January 1988
14.42$
Final Capital
May 2026
7.19%
Yearly Return
9.22%
Std Deviation
-26.63%
Max Drawdown
27months
Recovery Period

1.00$
Invested Capital
January 1988
5.98$
Final Capital
May 2026
4.76%
Yearly Return
9.22%
Std Deviation
-29.42%
Max Drawdown
59months
Recovery Period

Vanguard Conservative Income Portfolio

1.00$
Invested Capital
June 1996
4.70$
Final Capital
May 2026
5.29%
Yearly Return
4.58%
Std Deviation
-13.67%
Max Drawdown
32months
Recovery Period

1.00$
Invested Capital
June 1996
2.49$
Final Capital
May 2026
3.09%
Yearly Return
4.58%
Std Deviation
-22.12%
Max Drawdown
65months*
Recovery Period
* in progress

1.00$
Invested Capital
January 1988
10.55$
Final Capital
May 2026
6.32%
Yearly Return
4.83%
Std Deviation
-13.67%
Max Drawdown
32months
Recovery Period

1.00$
Invested Capital
January 1988
4.37$
Final Capital
May 2026
3.91%
Yearly Return
4.83%
Std Deviation
-22.12%
Max Drawdown
65months*
Recovery Period
* in progress

As of May 2026, in the previous 30 Years, the Canada Stocks/Bonds 60/40 Portfolio obtained a 7.21% compound annual return, with a 9.44% standard deviation. It suffered a maximum drawdown of -26.63% that required 27 months to be recovered.

As of May 2026, in the previous 30 Years, the Vanguard Conservative Income Portfolio obtained a 5.29% compound annual return, with a 4.58% standard deviation. It suffered a maximum drawdown of -13.67% that required 32 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.

Canada Stocks/Bonds 60/40 Portfolio

Weight (%)	Ticker	Name
60.00	VCN.TO	Vanguard FTSE Canada All Cap Index
40.00	ZAG.TO	BMO Aggregate Bond Index

Vanguard Conservative Income Portfolio

Weight (%)	Ticker	Name
9.00	VUN.TO	Vanguard US Total Market Index
6.00	VCN.TO	Vanguard FTSE Canada All Cap Index
3.60	VIU.TO	Vanguard FTSE Developed All Cap ex North Amer Idx
1.40	VEE.TO	Vanguard FTSE Emerging Markets All Cap Index
48.00	VAB.TO	Vanguard Canadian Aggregate Bond Index
16.00	VBG.NE	Vanguard Global ex-US Aggregate Bond Index CAD-hedged
16.00	VBU.NE	Vanguard US Aggregate Bond Index CAD-hedged

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Portfolio Returns as of May 31, 2026

Returns are calculated in CAD, assuming:

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

Return Comparison

Capital Growth

30 Years
(1996/06 - 2026/05)

All Data
(1988/01 - 2026/05)

Inflation Adjusted:

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	Initial Amount $	Final Amount $	Total Return (%)	Annualized (%)
Canada Stocks/Bonds 60/40	1 $	8.07 $	707.08%	7.21%
Vanguard Conservative Income Vanguard	1 $	4.70 $	369.67%	5.29%
	Jun 1996	May 2026

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	Initial Amount $	Final Amount $	Total Return (%)	Annualized (%)
Canada Stocks/Bonds 60/40	1 $	4.28 $	327.56%	4.96%
Vanguard Conservative Income Vanguard	1 $	2.49 $	148.81%	3.09%
	Jun 1996	May 2026

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	Initial Amount $	Final Amount $	Total Return (%)	Annualized (%)
Canada Stocks/Bonds 60/40	1 $	14.42 $	1 342.38%	7.19%
Vanguard Conservative Income Vanguard	1 $	10.55 $	954.94%	6.32%
	Jan 1988	May 2026

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	Initial Amount $	Final Amount $	Total Return (%)	Annualized (%)
Canada Stocks/Bonds 60/40	1 $	5.98 $	497.56%	4.76%
Vanguard Conservative Income Vanguard	1 $	4.37 $	337.05%	3.91%
	Jan 1988	May 2026

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		Return (%) as of May 31, 2026
		YTD (5M)	1M	6M	1Y	5Y	10Y	30Y	MAX (~38Y)
	Canada Stocks/Bonds 60/40 -- Market Benchmark	6.69	1.95	6.66	21.29	9.46	8.35	7.21	7.19
	Vanguard Conservative Income Vanguard	3.15	1.92	2.18	7.85	2.94	3.61	5.29	6.32
Returns over 1 year are annualized.

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Portfolio Metrics as of May 31, 2026

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

METRIC COMPARISON

Period: 1 June 2025 - 31 May 2026 (1 year)

Period: 1 June 2021 - 31 May 2026 (5 years)

Period: 1 June 2016 - 31 May 2026 (10 years)

Period: 1 June 1996 - 31 May 2026 (30 years)

Period: 1 January 1988 - 31 May 2026 (~38 years)

1 Year

5 Years

10 Years

30 Years

All (1988/01 - 2026/05)

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	Canada Stocks/Bonds 60/40	Vanguard Conservative Income
Author		Vanguard
ASSET ALLOCATION
Stocks	60%	20%
Fixed Income	40%	80%
Commodities	0%	0%
PERFORMANCES
Annualized Return (%)	21.29	7.85
Infl. Adjusted (%)	18.62	5.47
DRAWDOWN
Deepest Drawdown Depth (%)	-3.37	-2.65
Start to Recovery (months)	3	3
Longest Drawdown Depth (%)	-3.37	-0.95
Start to Recovery (months)	3	3
Longest Negative Period (months)	2	5
RISK INDICATORS
Standard Deviation (%)	7.22	4.50
Sharpe Ratio	2.41	0.88
Sortino Ratio	3.15	1.06
Ulcer Index	0.98	0.87
Ratio: Return / Standard Deviation	2.95	1.75
Ratio: Return / Deepest Drawdown	6.32	2.96
Metrics calculated over the period 1 June 2025 - 31 May 2026

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	Canada Stocks/Bonds 60/40	Vanguard Conservative Income
Author		Vanguard
ASSET ALLOCATION
Stocks	60%	20%
Fixed Income	40%	80%
Commodities	0%	0%
PERFORMANCES
Annualized Return (%)	9.46	2.94
Infl. Adjusted (%)	5.70	-0.60
DRAWDOWN
Deepest Drawdown Depth (%)	-11.62	-13.67
Start to Recovery (months)	24	32
Longest Drawdown Depth (%)	-11.62	-13.67
Start to Recovery (months)	24	32
Longest Negative Period (months)	29	36
RISK INDICATORS
Standard Deviation (%)	9.48	6.59
Sharpe Ratio	0.64	-0.07
Sortino Ratio	0.87	-0.10
Ulcer Index	3.70	6.21
Ratio: Return / Standard Deviation	1.00	0.45
Ratio: Return / Deepest Drawdown	0.81	0.22
Metrics calculated over the period 1 June 2021 - 31 May 2026

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	Canada Stocks/Bonds 60/40	Vanguard Conservative Income
Author		Vanguard
ASSET ALLOCATION
Stocks	60%	20%
Fixed Income	40%	80%
Commodities	0%	0%
PERFORMANCES
Annualized Return (%)	8.35	3.61
Infl. Adjusted (%)	5.51	0.89
DRAWDOWN
Deepest Drawdown Depth (%)	-14.77	-13.67
Start to Recovery (months)	10	32
Longest Drawdown Depth (%)	-11.62	-13.67
Start to Recovery (months)	24	32
Longest Negative Period (months)	35	52
RISK INDICATORS
Standard Deviation (%)	9.31	5.64
Sharpe Ratio	0.66	0.25
Sortino Ratio	0.89	0.35
Ulcer Index	3.31	4.48
Ratio: Return / Standard Deviation	0.90	0.64
Ratio: Return / Deepest Drawdown	0.57	0.26
Metrics calculated over the period 1 June 2016 - 31 May 2026

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	Canada Stocks/Bonds 60/40	Vanguard Conservative Income
Author		Vanguard
ASSET ALLOCATION
Stocks	60%	20%
Fixed Income	40%	80%
Commodities	0%	0%
PERFORMANCES
Annualized Return (%)	7.21	5.29
Infl. Adjusted (%)	4.96	3.09
DRAWDOWN
Deepest Drawdown Depth (%)	-26.63	-13.67
Start to Recovery (months)	27	32
Longest Drawdown Depth (%)	-25.59	-13.67
Start to Recovery (months)	51	32
Longest Negative Period (months)	54	52
RISK INDICATORS
Standard Deviation (%)	9.44	4.58
Sharpe Ratio	0.53	0.67
Sortino Ratio	0.69	0.92
Ulcer Index	7.73	2.80
Ratio: Return / Standard Deviation	0.76	1.16
Ratio: Return / Deepest Drawdown	0.27	0.39
Metrics calculated over the period 1 June 1996 - 31 May 2026

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	Canada Stocks/Bonds 60/40	Vanguard Conservative Income
Author		Vanguard
ASSET ALLOCATION
Stocks	60%	20%
Fixed Income	40%	80%
Commodities	0%	0%
PERFORMANCES
Annualized Return (%)	7.19	6.32
Infl. Adjusted (%)	4.76	3.91
DRAWDOWN
Deepest Drawdown Depth (%)	-26.63	-13.67
Start to Recovery (months)	27	32
Longest Drawdown Depth (%)	-25.59	-13.67
Start to Recovery (months)	51	32
Longest Negative Period (months)	54	52
RISK INDICATORS
Standard Deviation (%)	9.22	4.83
Sharpe Ratio	0.46	0.70
Sortino Ratio	0.61	0.96
Ulcer Index	7.17	2.78
Ratio: Return / Standard Deviation	0.78	1.31
Ratio: Return / Deepest Drawdown	0.27	0.46
Metrics calculated over the period 1 January 1988 - 31 May 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 June 1996 - 31 May 2026 (30 years)

Period: 1 January 1988 - 31 May 2026 (~38 years)

30 Years
(1996/06 - 2026/05)

Chart Table

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Canada Stocks/Bonds 60/40			Vanguard Conservative Income
Drawdown (%)	Recovery (#Months)	From To	Drawdown (%)	Recovery (#Months)	From To
-26.63	27	Jun 2008 Aug 2010
-25.59	51	Sep 2000 Nov 2004
-17.75	19	May 1998 Nov 1999
-14.77	10	Feb 2020 Nov 2020
			-13.67	32	Jan 2022 Aug 2024
-11.62	24	Jan 2022 Dec 2023
-9.47	15	May 2015 Jul 2016
-8.08	22	Mar 2011 Dec 2012
			-7.62	14	Jun 2008 Jul 2009
-7.05	7	Aug 2018 Feb 2019
			-5.04	4	Feb 2020 May 2020
-4.83	7	Nov 2007 May 2008
-4.19	5	Oct 1997 Feb 1998
-4.05	6	Sep 2014 Feb 2015
-3.96	8	Mar 2013 Oct 2013

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Canada Stocks/Bonds 60/40			Vanguard Conservative Income
Drawdown (%)	Recovery (#Months)	From To	Drawdown (%)	Recovery (#Months)	From To
-26.63	27	Jun 2008 Aug 2010
-25.59	51	Sep 2000 Nov 2004
-17.75	19	May 1998 Nov 1999
-14.77	10	Feb 2020 Nov 2020
			-13.67	32	Jan 2022 Aug 2024
-13.08	28	Sep 1989 Dec 1991
-12.10	22	Feb 1994 Nov 1995
-11.62	24	Jan 2022 Dec 2023
-9.47	15	May 2015 Jul 2016
			-9.25	16	Feb 1994 May 1995
-8.08	22	Mar 2011 Dec 2012
			-7.62	14	Jun 2008 Jul 2009
-7.05	7	Aug 2018 Feb 2019
			-5.04	4	Feb 2020 May 2020
-4.83	7	Nov 2007 May 2008

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 1988 - 31 May 2026 (~38 years)

Rolling Period:

Canada Stocks/Bonds 60/40
Vanguard Conservative Income

Head To Head (Ptf 1 vs Ptf 2):

Canada 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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	Canada Stocks/Bonds 60/40		Vanguard Conservative Income
Year	Return (%)	Drawdown (%)	Return (%)	Drawdown (%)
2026	6.69	-3.37	3.15	-2.65
2025	19.03	-1.39	6.01	-1.63
2024	15.09	-2.27	7.22	-2.05
2023	10.33	-6.25	8.75	-4.25
2022	-8.23	-11.62	-12.23	-13.67
2021	14.42	-2.35	1.91	-2.42
2020	6.16	-14.77	7.92	-5.04
2019	15.99	-1.51	9.35	-1.11
2018	-5.07	-7.05	-0.17	-2.46
2017	6.03	-2.39	4.75	-2.28
2016	13.12	-0.54	3.50	-1.97
2015	-4.12	-9.47	3.70	-2.80
2014	9.41	-4.05	9.81	-0.79
2013	6.53	-3.96	4.37	-2.70
2012	5.49	-4.67	6.12	0.00
2011	-1.21	-8.08	6.75	-0.61
2010	12.52	-3.54	7.16	-0.71
2009	23.84	-4.80	10.41	-3.16
2008	-18.58	-22.93	-2.81	-7.62
2007	6.57	-3.37	2.53	-1.34
2006	11.34	-3.06	6.32	-1.79
2005	18.04	-3.47	6.38	-1.57
2004	10.06	-4.65	6.39	-1.68
2003	17.35	-2.33	7.73	-1.53
2002	-5.06	-11.09	3.11	-1.42
2001	-5.32	-13.77	4.62	-1.80
2000	7.34	-13.39	6.50	-1.33
1999	16.96	-4.51	4.20	-2.18
1998	1.12	-17.75	10.77	-3.65
1997	11.12	-4.19	8.53	-1.66
1996	19.63	-3.07	10.38	-1.30
1995	13.74	-2.88	18.08	0.00
1994	-5.22	-12.10	-5.24	-9.25
1993	25.75	-2.34	20.37	-0.55
1992	0.23	-4.22	8.49	-1.52
1991	10.96	-1.71	19.17	-1.43
1990	-8.84	-12.76	3.20	-4.44
1989	13.78	-1.85	13.72	-0.34
1988	7.16	-3.77	8.42	-1.77

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Table of contents

Resources & Extras

Asset Allocations and ETFs

Portfolio Returns as of May 31, 2026

Portfolio Metrics as of May 31, 2026

Drawdowns

Rolling Returns

Yearly Returns