US Stocks/Bonds 60/40 To EUR Hedged Portfolio vs Tyler Pinwheel To EUR Bond Hedged Portfolio Portfolio Comparison

Simulation Settings

Period: January 1976 - August 2025 (~50 years)
Consolidated Returns as of 31 August 2025

Initial Amount: 1€

Rebalancing: at every Jan 1^st

Currency: EUR

Inflation: Eurozone

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Results

30 Years
(1995/09 - 2025/08)

All Data
(1976/01 - 2025/08)

Inflation Adjusted:

US Stocks/Bonds 60/40 To EUR Hedged Portfolio

1.00€
Invested Capital
September 1995
8.47€
Final Capital
August 2025
7.38%
Yearly Return
9.51%
Std Deviation
-29.28%
Max Drawdown
30months
Recovery Period

1.00€
Invested Capital
September 1995
4.62€
Final Capital
August 2025
5.23%
Yearly Return
9.51%
Std Deviation
-30.73%
Max Drawdown
38months
Recovery Period

1.00€
Invested Capital
January 1976
62.79€
Final Capital
August 2025
8.69%
Yearly Return
9.89%
Std Deviation
-29.28%
Max Drawdown
30months
Recovery Period

1.00€
Invested Capital
January 1976
18.58€
Final Capital
August 2025
6.06%
Yearly Return
9.89%
Std Deviation
-30.73%
Max Drawdown
38months
Recovery Period

Tyler Pinwheel To EUR Bond Hedged Portfolio

1.00€
Invested Capital
September 1995
9.36€
Final Capital
August 2025
7.74%
Yearly Return
9.71%
Std Deviation
-30.21%
Max Drawdown
29months
Recovery Period

1.00€
Invested Capital
September 1995
5.11€
Final Capital
August 2025
5.59%
Yearly Return
9.71%
Std Deviation
-32.17%
Max Drawdown
40months
Recovery Period

1.00€
Invested Capital
January 1976
81.72€
Final Capital
August 2025
9.27%
Yearly Return
10.17%
Std Deviation
-30.21%
Max Drawdown
29months
Recovery Period

1.00€
Invested Capital
January 1976
24.17€
Final Capital
August 2025
6.62%
Yearly Return
10.17%
Std Deviation
-32.17%
Max Drawdown
40months
Recovery Period

As of August 2025, in the previous 30 Years, the US Stocks/Bonds 60/40 To EUR Hedged Portfolio obtained a 7.38% compound annual return, with a 9.51% standard deviation. It suffered a maximum drawdown of -29.28% that required 30 months to be recovered.

As of August 2025, in the previous 30 Years, the Tyler Pinwheel To EUR Bond Hedged Portfolio obtained a 7.74% compound annual return, with a 9.71% standard deviation. It suffered a maximum drawdown of -30.21% that required 29 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.

US Stocks/Bonds 60/40 To EUR Hedged Portfolio

Weight (%)	Ticker	Name
60.00	XD9E.DE	Xtrackers MSCI USA EUR Hedged
40.00	EUNE.MU	iShares US Aggregate Bond UCITS - EUR Hdg

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 Aug 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
(1995/09 - 2025/08)

All Data
(1976/01 - 2025/08)

Inflation Adjusted:

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	Initial Amount €	Final Amount €	Total Return (%)	Annualized (%)
US Stocks/Bonds 60/40 To EUR Hedged	1 €	8.47 €	746.52%	7.38%
Pinwheel To EUR Bond Hedged Tyler	1 €	9.36 €	836.37%	7.74%
	Sep 1995	Aug 2025

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	Initial Amount €	Final Amount €	Total Return (%)	Annualized (%)
US Stocks/Bonds 60/40 To EUR Hedged	1 €	4.62 €	361.69%	5.23%
Pinwheel To EUR Bond Hedged Tyler	1 €	5.11 €	410.70%	5.59%
	Sep 1995	Aug 2025

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	Initial Amount €	Final Amount €	Total Return (%)	Annualized (%)
US Stocks/Bonds 60/40 To EUR Hedged	1 €	62.79 €	6 179.22%	8.69%
Pinwheel To EUR Bond Hedged Tyler	1 €	81.72 €	8 071.57%	9.27%
	Jan 1976	Aug 2025

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	Initial Amount €	Final Amount €	Total Return (%)	Annualized (%)
US Stocks/Bonds 60/40 To EUR Hedged	1 €	18.58 €	1 757.63%	6.06%
Pinwheel To EUR Bond Hedged Tyler	1 €	24.17 €	2 317.46%	6.62%
	Jan 1976	Aug 2025

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		Return (%) as of Aug 31, 2025
		YTD (8M)	1M	6M	1Y	5Y	10Y	30Y	MAX (~50Y)
	US Stocks/Bonds 60/40 • Hedged -- Market Benchmark	6.78	0.77	5.34	9.64	6.25	7.28	7.38	8.69
	Pinwheel • Bond Hedged Tyler	1.80	0.91	-0.80	7.02	8.98	7.18	7.74	9.27
Returns over 1 year are annualized.

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Portfolio Metrics as of Aug 31, 2025

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

METRIC COMPARISON

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

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

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

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

Period: 1 January 1976 - 31 August 2025 (~50 years)

1 Year

5 Years

10 Years

30 Years

All (1976/01 - 2025/08)

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	US Stocks/Bonds 60/40 To EUR Hedged	Pinwheel To EUR Bond Hedged
Author		Tyler
ASSET ALLOCATION
Stocks	60%	65%
Fixed Income	40%	25%
Commodities	0%	10%
PERFORMANCES
Annualized Return (%)	9.64	7.02
Infl. Adjusted (%)	7.59	5.02
DRAWDOWN
Deepest Drawdown Depth (%)	-5.45	-7.41
Start to Recovery (months)	5	7*
Longest Drawdown Depth (%)	-5.45	-7.41
Start to Recovery (months)	5	7*
Longest Negative Period (months)	7	9*
Drawdowns / Negative periods marked with * are in progress
RISK INDICATORS
Standard Deviation (%)	8.55	8.98
Sharpe Ratio	0.61	0.29
Sortino Ratio	0.81	0.38
Ulcer Index	2.35	3.19
Ratio: Return / Standard Deviation	1.13	0.78
Ratio: Return / Deepest Drawdown	1.77	0.95
Metrics calculated over the period 1 September 2024 - 31 August 2025

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	US Stocks/Bonds 60/40 To EUR Hedged	Pinwheel To EUR Bond Hedged
Author		Tyler
ASSET ALLOCATION
Stocks	60%	65%
Fixed Income	40%	25%
Commodities	0%	10%
PERFORMANCES
Annualized Return (%)	6.25	8.98
Infl. Adjusted (%)	1.92	4.53
DRAWDOWN
Deepest Drawdown Depth (%)	-21.43	-10.17
Start to Recovery (months)	30	25
Longest Drawdown Depth (%)	-21.43	-10.17
Start to Recovery (months)	30	25
Longest Negative Period (months)	38	28
RISK INDICATORS
Standard Deviation (%)	10.95	8.79
Sharpe Ratio	0.31	0.70
Sortino Ratio	0.42	0.96
Ulcer Index	9.27	4.07
Ratio: Return / Standard Deviation	0.57	1.02
Ratio: Return / Deepest Drawdown	0.29	0.88
Metrics calculated over the period 1 September 2020 - 31 August 2025

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	US Stocks/Bonds 60/40 To EUR Hedged	Pinwheel To EUR Bond Hedged
Author		Tyler
ASSET ALLOCATION
Stocks	60%	65%
Fixed Income	40%	25%
Commodities	0%	10%
PERFORMANCES
Annualized Return (%)	7.28	7.18
Infl. Adjusted (%)	4.56	4.47
DRAWDOWN
Deepest Drawdown Depth (%)	-21.43	-14.28
Start to Recovery (months)	30	11
Longest Drawdown Depth (%)	-21.43	-10.17
Start to Recovery (months)	30	25
Longest Negative Period (months)	38	37
RISK INDICATORS
Standard Deviation (%)	9.98	8.99
Sharpe Ratio	0.54	0.59
Sortino Ratio	0.71	0.79
Ulcer Index	6.88	3.88
Ratio: Return / Standard Deviation	0.73	0.80
Ratio: Return / Deepest Drawdown	0.34	0.50
Metrics calculated over the period 1 September 2015 - 31 August 2025

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	US Stocks/Bonds 60/40 To EUR Hedged	Pinwheel To EUR Bond Hedged
Author		Tyler
ASSET ALLOCATION
Stocks	60%	65%
Fixed Income	40%	25%
Commodities	0%	10%
PERFORMANCES
Annualized Return (%)	7.38	7.74
Infl. Adjusted (%)	5.23	5.59
DRAWDOWN
Deepest Drawdown Depth (%)	-29.28	-30.21
Start to Recovery (months)	30	29
Longest Drawdown Depth (%)	-21.19	-21.75
Start to Recovery (months)	40	35
Longest Negative Period (months)	110	93
RISK INDICATORS
Standard Deviation (%)	9.51	9.71
Sharpe Ratio	0.54	0.56
Sortino Ratio	0.71	0.75
Ulcer Index	7.03	6.73
Ratio: Return / Standard Deviation	0.78	0.80
Ratio: Return / Deepest Drawdown	0.25	0.26
Metrics calculated over the period 1 September 1995 - 31 August 2025

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	US Stocks/Bonds 60/40 To EUR Hedged	Pinwheel To EUR Bond Hedged
Author		Tyler
ASSET ALLOCATION
Stocks	60%	65%
Fixed Income	40%	25%
Commodities	0%	10%
PERFORMANCES
Annualized Return (%)	8.69	9.27
Infl. Adjusted (%)	6.06	6.62
DRAWDOWN
Deepest Drawdown Depth (%)	-29.28	-30.21
Start to Recovery (months)	30	29
Longest Drawdown Depth (%)	-21.19	-21.75
Start to Recovery (months)	40	35
Longest Negative Period (months)	110	93
RISK INDICATORS
Standard Deviation (%)	9.89	10.17
Sharpe Ratio	0.45	0.50
Sortino Ratio	0.60	0.66
Ulcer Index	6.25	6.41
Ratio: Return / Standard Deviation	0.88	0.91
Ratio: Return / Deepest Drawdown	0.30	0.31
Metrics calculated over the period 1 January 1976 - 31 August 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 September 1995 - 31 August 2025 (30 years)

Period: 1 January 1976 - 31 August 2025 (~50 years)

30 Years
(1995/09 - 2025/08)

Chart Table

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US Stocks/Bonds 60/40 To EUR Hedged			Pinwheel To EUR Bond Hedged
Drawdown (%)	Recovery (#Months)	From To	Drawdown (%)	Recovery (#Months)	From To
			-30.21	29	Nov 2007 Mar 2010
-29.28	30	Nov 2007 Apr 2010
			-21.75	35	Apr 2002 Feb 2005
-21.43	30	Jan 2022 Jun 2024
-21.19	40	Sep 2000 Dec 2003
			-15.59	13	Apr 1998 Apr 1999
			-14.28	11	Feb 2020 Dec 2020
-11.78	6	Feb 2020 Jul 2020
			-11.50	10	Jun 2001 Mar 2002
-10.36	5	Jul 1998 Nov 1998
			-10.30	16	Apr 2015 Jul 2016
			-10.17	25	Jan 2022 Jan 2024
-9.11	7	Oct 2018 Apr 2019
-8.66	9	May 2011 Jan 2012
			-7.72	7	Aug 1997 Feb 1998

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US Stocks/Bonds 60/40 To EUR Hedged			Pinwheel To EUR Bond Hedged
Drawdown (%)	Recovery (#Months)	From To	Drawdown (%)	Recovery (#Months)	From To
			-30.21	29	Nov 2007 Mar 2010
-29.28	30	Nov 2007 Apr 2010
			-21.75	35	Apr 2002 Feb 2005
-21.43	30	Jan 2022 Jun 2024
			-21.32	18	Aug 1987 Jan 1989
-21.19	40	Sep 2000 Dec 2003
-19.67	21	Sep 1987 May 1989
			-17.47	19	Sep 1989 Mar 1991
			-17.36	27	Feb 1994 Apr 1996
			-15.59	13	Apr 1998 Apr 1999
-14.62	23	Dec 1980 Oct 1982
			-14.28	11	Feb 2020 Dec 2020
-11.78	6	Feb 2020 Jul 2020
			-11.50	10	Jun 2001 Mar 2002
-10.61	19	Jul 1983 Jan 1985

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 1976 - 31 August 2025 (~50 years)

Rolling Period:

US Stocks/Bonds 60/40 To EUR Hedged
Pinwheel 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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	US Stocks/Bonds 60/40 To EUR Hedged		Pinwheel To EUR Bond Hedged
Year	Return (%)	Drawdown (%)	Return (%)	Drawdown (%)
2025	6.78	-5.45	1.80	-7.41
2024	13.36	-2.87	16.51	-2.33
2023	15.16	-7.90	11.14	-5.05
2022	-19.33	-21.43	-10.17	-10.17
2021	14.81	-3.11	23.02	-1.38
2020	12.79	-11.78	1.52	-14.28
2019	18.66	-3.15	20.38	-2.79
2018	-5.53	-9.11	-3.77	-6.82
2017	12.60	-0.09	2.33	-4.20
2016	7.88	-3.01	10.37	-3.27
2015	-0.03	-5.38	4.86	-10.30
2014	9.48	-1.54	17.85	-0.57
2013	19.28	-2.27	5.33	-3.99
2012	11.54	-3.50	9.82	-1.74
2011	4.52	-8.66	2.59	-6.55
2010	13.49	-7.05	21.90	-2.04
2009	19.64	-11.48	22.61	-7.74
2008	-18.10	-21.02	-20.66	-20.66
2007	4.57	-3.30	0.00	-4.66
2006	8.47	-2.35	9.60	-5.23
2005	3.23	-2.60	22.72	-2.52
2004	9.74	-2.56	8.25	-3.78
2003	21.09	-1.79	10.92	-5.47
2002	-7.84	-13.21	-12.58	-17.22
2001	-2.98	-11.63	2.83	-11.50
2000	-4.07	-8.72	6.21	-5.89
1999	11.15	-4.44	27.99	-3.56
1998	16.19	-10.36	-1.51	-15.59
1997	20.95	-3.30	19.20	-7.72
1996	13.05	-3.48	16.67	-4.44
1995	28.35	-0.24	8.35	-5.72
1994	0.40	-5.61	-10.28	-12.36
1993	15.18	-1.09	35.24	-1.31
1992	14.34	-1.24	12.56	-9.02
1991	29.38	-2.64	28.82	-3.93
1990	-0.34	-8.57	-12.47	-14.70
1989	19.45	-1.67	19.32	-3.91
1988	10.09	-2.77	20.86	-4.44
1987	0.27	-19.67	-14.51	-21.32
1986	13.34	-5.62	3.84	-4.72
1985	24.65	-2.67	9.76	-5.51
1984	2.46	-8.33	15.85	-5.41
1983	11.42	-3.46	29.98	-0.90
1982	20.02	-6.20	19.11	-2.78
1981	-5.57	-12.79	8.79	-8.43
1980	15.87	-10.59	23.36	-7.14
1979	10.34	-7.44	25.05	-6.17
1978	0.87	-8.72	4.39	-7.94
1977	-3.09	-5.87	4.27	-0.69
1976	20.45	-1.46	16.98	-2.19

Table of contents

Resources & Extras

Asset Allocations and ETFs

Portfolio Returns as of Aug 31, 2025

Portfolio Metrics as of Aug 31, 2025

Drawdowns

Rolling Returns

Yearly Returns