Developed World ex-US Stocks Momentum Portfolio vs Burton Malkiel Mid-Fifties Portfolio Portfolio Comparison

Simulation Settings
Period: August 2009 - May 2026 (~17 years)
Consolidated Returns as of 31 May 2026
Initial Amount: 1$
Rebalancing: at every Jan 1st
Currency: USD
Inflation: US
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Results
All Data
(2009/08 - 2026/05)
Inflation Adjusted:
Developed World ex-US Stocks Momentum Portfolio
1.00$
Invested Capital
August 2009
3.86$
Final Capital
May 2026
8.36%
Yearly Return
14.99%
Std Deviation
-28.57%
Max Drawdown
28months
Recovery Period
1.00$
Invested Capital
August 2009
2.49$
Final Capital
May 2026
5.58%
Yearly Return
14.99%
Std Deviation
-34.35%
Max Drawdown
47months
Recovery Period
Burton Malkiel Burton Malkiel Mid-Fifties Portfolio
1.00$
Invested Capital
August 2009
4.87$
Final Capital
May 2026
9.86%
Yearly Return
12.08%
Std Deviation
-24.05%
Max Drawdown
27months
Recovery Period
1.00$
Invested Capital
August 2009
3.14$
Final Capital
May 2026
7.04%
Yearly Return
12.08%
Std Deviation
-28.46%
Max Drawdown
46months
Recovery Period

As of May 2026, over the analyzed timeframe, the Developed World ex-US Stocks Momentum Portfolio obtained a 8.36% compound annual return, with a 14.99% standard deviation. It suffered a maximum drawdown of -28.57% that required 28 months to be recovered.

As of May 2026, over the analyzed timeframe, the Burton Malkiel Mid-Fifties Portfolio obtained a 9.86% compound annual return, with a 12.08% standard deviation. It suffered a maximum drawdown of -24.05% that required 27 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.

Asset Allocations and ETFs

The compared portfolios have the following asset allocations.

Developed World ex-US Stocks Momentum Portfolio
Weight
(%)		 Ticker Name
100.00
IMTM
iShares MSCI Intl Momentum Factor ETF
Burton Malkiel
Burton Malkiel Mid-Fifties Portfolio
Weight
(%)		 Ticker Name
27.00
VTI
Vanguard Total Stock Market
14.00
EEM
iShares MSCI Emerging Markets
14.00
EFA
iShares MSCI EAFE
12.50
VIG
Vanguard Dividend Appreciation
12.50
VNQ
Vanguard Real Estate
7.50
EMB
iShares JP Morgan USD Em Mkts Bd
7.50
LQD
iShares Investment Grade Corporate Bond
5.00
BIL
SPDR Blmbg Barclays 1-3 Mth T-Bill
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Portfolio Returns as of May 31, 2026

Returns are calculated in USD, assuming:
  • no fees or capital gain taxes.
  • rebalancing: at every Jan 1st.
  • dividend reinvestment, when applicable.
Return Comparison
Capital Growth
All Data
(2009/08 - 2026/05)
Inflation Adjusted:
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Initial Amount $ Final Amount $ Total Return (%) Annualized (%)
Developed World ex-US Stocks Momentum
 1 $ 3.86 $ 286.21% 8.36%
Burton Malkiel Mid-Fifties
Burton Malkiel 		1 $ 4.87 $ 386.65% 9.86%
Aug 2009 May 2026

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Initial Amount $ Final Amount $ Total Return (%) Annualized (%)
Developed World ex-US Stocks Momentum
 1 $ 2.49 $ 149.42% 5.58%
Burton Malkiel Mid-Fifties
Burton Malkiel 		1 $ 3.14 $ 214.28% 7.04%
Aug 2009 May 2026

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Return (%) as of May 31, 2026
YTD
(5M) 		1M 6M 1Y 5Y 10Y MAX
(~17Y)
https://www.lazyportfolioetf.com/wp-content/lzp-assets/img/author/avatar_world.webp Developed World ex-US Stocks Momentum
-- Market Benchmark 		10.19 1.81 13.19 24.03 9.76 10.38 8.36
https://www.lazyportfolioetf.com/wp-content/lzp-assets/img/author/avatar_burton_malkiel.webp Mid-Fifties
Burton Malkiel 		10.26 3.22 10.67 24.09 8.04 9.94 9.86
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 August 2009 - 31 May 2026 (~17 years)
1 Year
5 Years
10 Years
All (2009/08 - 2026/05)
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Developed World ex-US Stocks Momentum Mid-Fifties
Author Burton Malkiel
ASSET ALLOCATION
Stocks 100% 80%
Fixed Income 0% 20%
Commodities 0% 0%
PERFORMANCES
Annualized Return (%) 24.03 24.09
Infl. Adjusted (%) 19.62 19.68
DRAWDOWN
Deepest Drawdown Depth (%) -8.90 -5.68
Start to Recovery (months) 3 2
Longest Drawdown Depth (%) -8.90 -5.68
Start to Recovery (months) 3 2
Longest Negative Period (months) 2 4
RISK INDICATORS
Standard Deviation (%) 14.27 10.09
Sharpe Ratio 1.41 2.00
Sortino Ratio 1.72 2.55
Ulcer Index 2.57 1.57
Ratio: Return / Standard Deviation 1.68 2.39
Ratio: Return / Deepest Drawdown 2.70 4.24
Metrics calculated over the period 1 June 2025 - 31 May 2026
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Developed World ex-US Stocks Momentum Mid-Fifties
Author Burton Malkiel
ASSET ALLOCATION
Stocks 100% 80%
Fixed Income 0% 20%
Commodities 0% 0%
PERFORMANCES
Annualized Return (%) 9.76 8.04
Infl. Adjusted (%) 5.16 3.51
DRAWDOWN
Deepest Drawdown Depth (%) -28.57 -24.05
Start to Recovery (months) 28 27
Longest Drawdown Depth (%) -28.57 -24.05
Start to Recovery (months) 28 27
Longest Negative Period (months) 32 32
RISK INDICATORS
Standard Deviation (%) 15.42 13.07
Sharpe Ratio 0.41 0.35
Sortino Ratio 0.54 0.47
Ulcer Index 9.55 8.61
Ratio: Return / Standard Deviation 0.63 0.62
Ratio: Return / Deepest Drawdown 0.34 0.33
Metrics calculated over the period 1 June 2021 - 31 May 2026
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Developed World ex-US Stocks Momentum Mid-Fifties
Author Burton Malkiel
ASSET ALLOCATION
Stocks 100% 80%
Fixed Income 0% 20%
Commodities 0% 0%
PERFORMANCES
Annualized Return (%) 10.38 9.94
Infl. Adjusted (%) 6.82 6.39
DRAWDOWN
Deepest Drawdown Depth (%) -28.57 -24.05
Start to Recovery (months) 28 27
Longest Drawdown Depth (%) -28.57 -24.05
Start to Recovery (months) 28 27
Longest Negative Period (months) 59 34
RISK INDICATORS
Standard Deviation (%) 14.18 12.46
Sharpe Ratio 0.58 0.62
Sortino Ratio 0.76 0.81
Ulcer Index 8.07 6.73
Ratio: Return / Standard Deviation 0.73 0.80
Ratio: Return / Deepest Drawdown 0.36 0.41
Metrics calculated over the period 1 June 2016 - 31 May 2026
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Developed World ex-US Stocks Momentum Mid-Fifties
Author Burton Malkiel
ASSET ALLOCATION
Stocks 100% 80%
Fixed Income 0% 20%
Commodities 0% 0%
PERFORMANCES
Annualized Return (%) 8.36 9.86
Infl. Adjusted (%) 5.58 7.04
DRAWDOWN
Deepest Drawdown Depth (%) -28.57 -24.05
Start to Recovery (months) 28 27
Longest Drawdown Depth (%) -16.18 -24.05
Start to Recovery (months) 35 27
Longest Negative Period (months) 67 34
RISK INDICATORS
Standard Deviation (%) 14.99 12.08
Sharpe Ratio 0.47 0.71
Sortino Ratio 0.63 0.95
Ulcer Index 8.99 5.74
Ratio: Return / Standard Deviation 0.56 0.82
Ratio: Return / Deepest Drawdown 0.29 0.41
Metrics calculated over the period 1 August 2009 - 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 2016 - 31 May 2026 (10 years)
Period: 1 August 2009 - 31 May 2026 (~17 years)

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Developed World ex-US Stocks Momentum Mid-Fifties
Drawdown
(%) 		Recovery
(#Months)		 From
To		 Drawdown
(%) 		Recovery
(#Months)		 From
To
-28.57 28 Nov 2021
Feb 2024
-26.91 24 May 2011
Apr 2013
-24.05 27 Jan 2022
Mar 2024
-19.22 23 Feb 2018
Dec 2019
-18.63 8 Jan 2020
Aug 2020
-16.18 35 Jul 2014
May 2017
-15.97 5 Feb 2020
Jun 2020
-15.78 11 May 2011
Mar 2012
-14.08 6 Apr 2010
Sep 2010
-10.02 14 Feb 2018
Mar 2019
-9.45 5 May 2010
Sep 2010
-9.21 14 May 2015
Jun 2016
-8.90 3 Mar 2026
May 2026
-7.18 3 Jan 2010
Mar 2010
-6.52 5 May 2013
Sep 2013

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 2009 - 31 May 2026 (~17 years)


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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Developed World ex-US Stocks Momentum Mid-Fifties
Year Return
(%)		 Drawdown
(%)		 Return
(%)		 Drawdown
(%)
2026
 10.19 -8.90 10.26 -5.68
2025
 34.50 -2.04 17.81 -2.43
2024
 12.17 -5.99 11.29 -3.57
2023
 13.90 -8.35 15.87 -9.23
2022
 -16.80 -28.32 -17.33 -24.05
2021
 6.60 -4.63 15.75 -3.95
2020
 22.16 -15.97 11.71 -18.63
2019
 24.51 -2.38 23.79 -3.94
2018
 -14.30 -19.22 -7.10 -10.02
2017
 25.46 -0.73 19.19 0.00
2016
 0.47 -7.09 8.92 -3.97
2015
 -1.60 -12.26 -2.27 -8.93
2014
 -9.19 -9.77 8.09 -3.42
2013
 22.20 -6.52 14.67 -3.96
2012
 17.94 -8.24 15.47 -6.25
2011
 -14.36 -26.91 -0.94 -15.78
2010
 14.14 -14.08 15.05 -9.45
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