Stocks/Bonds 60/40 Portfolio vs Frank Vasquez Golden Ratio Portfolio Portfolio Comparison

Simulation Settings
Period: January 1928 - March 2026 (~98 years)
Consolidated Returns as of 31 March 2026
Initial Amount: 1$
Rebalancing: at every Jan 1st
Currency: USD
Inflation: US
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The minimum date range must be at least 12 months. 'Date To' cannot be beyond March 2026.
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Results
30 Years
(1996/04 - 2026/03)
All Data
(1928/01 - 2026/03)
Inflation Adjusted:
Stocks/Bonds 60/40 Portfolio
1.00$
Invested Capital
April 1996
10.08$
Final Capital
March 2026
8.01%
Yearly Return
9.70%
Std Deviation
-30.55%
Max Drawdown
36months
Recovery Period
1.00$
Invested Capital
April 1996
4.79$
Final Capital
March 2026
5.36%
Yearly Return
9.70%
Std Deviation
-31.69%
Max Drawdown
38months
Recovery Period
1.00$
Invested Capital
January 1928
2.77 K$
Final Capital
March 2026
8.40%
Yearly Return
11.50%
Std Deviation
-62.03%
Max Drawdown
83months
Recovery Period
1.00$
Invested Capital
January 1928
146.42$
Final Capital
March 2026
5.21%
Yearly Return
11.50%
Std Deviation
-52.05%
Max Drawdown
71months
Recovery Period
Frank Vasquez Frank Vasquez Golden Ratio Portfolio
1.00$
Invested Capital
April 1996
13.15$
Final Capital
March 2026
8.97%
Yearly Return
9.51%
Std Deviation
-23.37%
Max Drawdown
31months
Recovery Period
1.00$
Invested Capital
April 1996
6.24$
Final Capital
March 2026
6.29%
Yearly Return
9.51%
Std Deviation
-27.40%
Max Drawdown
49months
Recovery Period
1.00$
Invested Capital
January 1928
4.02 K$
Final Capital
March 2026
8.81%
Yearly Return
10.49%
Std Deviation
-55.70%
Max Drawdown
75months
Recovery Period
1.00$
Invested Capital
January 1928
212.42$
Final Capital
March 2026
5.61%
Yearly Return
10.49%
Std Deviation
-44.06%
Max Drawdown
45months
Recovery Period

As of March 2026, in the previous 30 Years, the Stocks/Bonds 60/40 Portfolio obtained a 8.01% compound annual return, with a 9.70% standard deviation. It suffered a maximum drawdown of -30.55% that required 36 months to be recovered.

As of March 2026, in the previous 30 Years, the Frank Vasquez Golden Ratio Portfolio obtained a 8.97% compound annual return, with a 9.51% standard deviation. It suffered a maximum drawdown of -23.37% that required 31 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.

Stocks/Bonds 60/40 Portfolio
Weight
(%)		 Ticker Name
60.00
VTI
Vanguard Total Stock Market
40.00
BND
Vanguard Total Bond Market
Frank Vasquez
Frank Vasquez Golden Ratio Portfolio
Weight
(%)		 Ticker Name
21.00
IJS
iShares S&P Small-Cap 600 Value
21.00
VUG
Vanguard Growth
10.00
VNQ
Vanguard Real Estate
26.00
TLT
iShares 20+ Year Treasury Bond
6.00
BIL
SPDR Blmbg Barclays 1-3 Mth T-Bill
16.00
GLD
SPDR Gold Trust
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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 1st.
  • dividend reinvestment, when applicable.
Return Comparison
Capital Growth
30 Years
(1996/04 - 2026/03)
All Data
(1928/01 - 2026/03)
Inflation Adjusted:
Swipe left to see all data
Initial Amount $ Final Amount $ Total Return (%) Annualized (%)
Stocks/Bonds 60/40
 1 $ 10.08 $ 908.01% 8.01%
Frank Vasquez Golden Ratio Portfolio
Frank Vasquez 		1 $ 13.15 $ 1 214.62% 8.97%
Apr 1996 Mar 2026

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Initial Amount $ Final Amount $ Total Return (%) Annualized (%)
Stocks/Bonds 60/40
 1 $ 4.79 $ 378.55% 5.36%
Frank Vasquez Golden Ratio Portfolio
Frank Vasquez 		1 $ 6.24 $ 524.11% 6.29%
Apr 1996 Mar 2026

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Initial Amount $ Final Amount $ Total Return (%) Annualized (%)
Stocks/Bonds 60/40
 1 $ 2 770.96 $ 276 996.19% 8.40%
Frank Vasquez Golden Ratio Portfolio
Frank Vasquez 		1 $ 4 020.06 $ 401 905.58% 8.81%
Jan 1928 Mar 2026

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Initial Amount $ Final Amount $ Total Return (%) Annualized (%)
Stocks/Bonds 60/40
 1 $ 146.42 $ 14 541.76% 5.21%
Frank Vasquez Golden Ratio Portfolio
Frank Vasquez 		1 $ 212.42 $ 21 141.97% 5.61%
Jan 1928 Mar 2026

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Return (%) as of Mar 31, 2026
YTD
(3M) 		1M 6M 1Y 5Y 10Y 30Y MAX
(~98Y)
https://www.lazyportfolioetf.com/wp-content/themes/dynamico-child/img/author/avatar_us_author.webp Stocks/Bonds 60/40
-- Market Benchmark 		-2.39 -3.69 -0.57 12.40 6.77 9.01 8.01 8.40
https://www.lazyportfolioetf.com/wp-content/themes/dynamico-child/img/author/avatar_frank_vasquez.webp Golden Ratio Portfolio
Frank Vasquez 		0.33 -5.42 3.32 17.04 6.76 8.43 8.97 8.81
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 April 1996 - 31 March 2026 (30 years)
Period: 1 January 1928 - 31 March 2026 (~98 years)
1 Year
5 Years
10 Years
30 Years
All (1928/01 - 2026/03)
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Stocks/Bonds 60/40 Golden Ratio Portfolio
Author Frank Vasquez
ASSET ALLOCATION
Stocks 60% 52%
Fixed Income 40% 32%
Commodities 0% 16%
PERFORMANCES
Annualized Return (%) 12.40 17.04
Infl. Adjusted (%) 9.71 14.24
DRAWDOWN
Deepest Drawdown Depth (%) -3.69 -5.42
Start to Recovery (months) 1* 1*
Longest Drawdown Depth (%) -0.26 -0.28
Start to Recovery (months) 2 2
Longest Negative Period (months) 6* 2*
Drawdowns / Negative periods marked with * are in progress
RISK INDICATORS
Standard Deviation (%) 6.47 8.53
Sharpe Ratio 1.30 1.53
Sortino Ratio 1.66 1.81
Ulcer Index 1.03 1.51
Ratio: Return / Standard Deviation 1.92 2.00
Ratio: Return / Deepest Drawdown 3.36 3.14
Metrics calculated over the period 1 April 2025 - 31 March 2026
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Stocks/Bonds 60/40 Golden Ratio Portfolio
Author Frank Vasquez
ASSET ALLOCATION
Stocks 60% 52%
Fixed Income 40% 32%
Commodities 0% 16%
PERFORMANCES
Annualized Return (%) 6.77 6.76
Infl. Adjusted (%) 2.33 2.32
DRAWDOWN
Deepest Drawdown Depth (%) -20.69 -23.37
Start to Recovery (months) 26 31
Longest Drawdown Depth (%) -20.69 -23.37
Start to Recovery (months) 26 31
Longest Negative Period (months) 31 35
RISK INDICATORS
Standard Deviation (%) 11.11 12.49
Sharpe Ratio 0.31 0.28
Sortino Ratio 0.42 0.37
Ulcer Index 7.71 9.48
Ratio: Return / Standard Deviation 0.61 0.54
Ratio: Return / Deepest Drawdown 0.33 0.29
Metrics calculated over the period 1 April 2021 - 31 March 2026
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Stocks/Bonds 60/40 Golden Ratio Portfolio
Author Frank Vasquez
ASSET ALLOCATION
Stocks 60% 52%
Fixed Income 40% 32%
Commodities 0% 16%
PERFORMANCES
Annualized Return (%) 9.01 8.43
Infl. Adjusted (%) 5.58 5.03
DRAWDOWN
Deepest Drawdown Depth (%) -20.69 -23.37
Start to Recovery (months) 26 31
Longest Drawdown Depth (%) -20.69 -23.37
Start to Recovery (months) 26 31
Longest Negative Period (months) 34 39
RISK INDICATORS
Standard Deviation (%) 10.28 10.76
Sharpe Ratio 0.67 0.59
Sortino Ratio 0.88 0.79
Ulcer Index 5.76 6.96
Ratio: Return / Standard Deviation 0.88 0.78
Ratio: Return / Deepest Drawdown 0.44 0.36
Metrics calculated over the period 1 April 2016 - 31 March 2026
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Stocks/Bonds 60/40 Golden Ratio Portfolio
Author Frank Vasquez
ASSET ALLOCATION
Stocks 60% 52%
Fixed Income 40% 32%
Commodities 0% 16%
PERFORMANCES
Annualized Return (%) 8.01 8.97
Infl. Adjusted (%) 5.36 6.29
DRAWDOWN
Deepest Drawdown Depth (%) -30.55 -23.37
Start to Recovery (months) 36 31
Longest Drawdown Depth (%) -21.56 -23.37
Start to Recovery (months) 41 31
Longest Negative Period (months) 110 43
RISK INDICATORS
Standard Deviation (%) 9.70 9.51
Sharpe Ratio 0.60 0.71
Sortino Ratio 0.78 0.93
Ulcer Index 6.91 5.12
Ratio: Return / Standard Deviation 0.83 0.94
Ratio: Return / Deepest Drawdown 0.26 0.38
Metrics calculated over the period 1 April 1996 - 31 March 2026
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Stocks/Bonds 60/40 Golden Ratio Portfolio
Author Frank Vasquez
ASSET ALLOCATION
Stocks 60% 52%
Fixed Income 40% 32%
Commodities 0% 16%
PERFORMANCES
Annualized Return (%) 8.40 8.81
Infl. Adjusted (%) 5.21 5.61
DRAWDOWN
Deepest Drawdown Depth (%) -62.03 -55.70
Start to Recovery (months) 83 75
Longest Drawdown Depth (%) -62.03 -55.70
Start to Recovery (months) 83 75
Longest Negative Period (months) 154 105
RISK INDICATORS
Standard Deviation (%) 11.50 10.49
Sharpe Ratio 0.44 0.52
Sortino Ratio 0.61 0.72
Ulcer Index 10.84 8.55
Ratio: Return / Standard Deviation 0.73 0.84
Ratio: Return / Deepest Drawdown 0.14 0.16
Metrics calculated over the period 1 January 1928 - 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 1996 - 31 March 2026 (30 years)
Period: 1 January 1928 - 31 March 2026 (~98 years)
30 Years
(1996/04 - 2026/03)

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Stocks/Bonds 60/40 Golden Ratio Portfolio
Drawdown
(%) 		Recovery
(#Months)		 From
To		 Drawdown
(%) 		Recovery
(#Months)		 From
To
-30.55 36 Nov 2007
Oct 2010
-23.37 31 Jan 2022
Jul 2024
-22.00 25 Nov 2007
Nov 2009
-21.56 41 Sep 2000
Jan 2004
-20.69 26 Jan 2022
Feb 2024
-12.29 6 Feb 2020
Jul 2020
-10.18 5 Jul 1998
Nov 1998
-9.45 6 Jul 1998
Dec 1998
-9.00 9 May 2011
Jan 2012
-8.81 5 Feb 2020
Jun 2020
-8.43 8 Sep 2018
Apr 2019
-8.38 7 Sep 2018
Mar 2019
-7.18 14 Feb 2015
Mar 2016
-6.92 12 Jun 2002
May 2003
-6.32 11 Feb 2001
Dec 2001

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Stocks/Bonds 60/40 Golden Ratio Portfolio
Drawdown
(%) 		Recovery
(#Months)		 From
To		 Drawdown
(%) 		Recovery
(#Months)		 From
To
-62.03 83 Sep 1929
Jul 1936
-55.70 75 Sep 1929
Nov 1935
-31.73 71 Mar 1937
Jan 1943
-30.55 36 Nov 2007
Oct 2010
-27.28 37 Jan 1973
Jan 1976
-27.04 71 Mar 1937
Jan 1943
-23.37 31 Jan 2022
Jul 2024
-22.00 25 Nov 2007
Nov 2009
-21.56 41 Sep 2000
Jan 2004
-20.69 26 Jan 2022
Feb 2024
-19.17 17 Sep 1987
Jan 1989
-18.76 26 Dec 1968
Jan 1971
-18.29 12 Mar 1974
Feb 1975
-17.83 22 May 1969
Feb 1971
-14.24 17 Sep 1987
Jan 1989

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 1928 - 31 March 2026 (~98 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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Stocks/Bonds 60/40 Golden Ratio Portfolio
Year Return
(%)		 Drawdown
(%)		 Return
(%)		 Drawdown
(%)
2026
 -2.39 -3.69 0.33 -5.42
2025
 13.09 -4.02 17.31 -2.22
2024
 14.84 -3.62 11.37 -4.10
2023
 17.79 -7.48 17.08 -10.36
2022
 -16.95 -20.69 -20.13 -23.37
2021
 14.66 -3.24 14.34 -3.32
2020
 15.70 -12.29 17.24 -8.81
2019
 21.94 -3.41 22.38 -1.76
2018
 -3.17 -8.38 -4.62 -8.43
2017
 14.15 0.00 13.17 -0.33
2016
 8.71 -2.95 10.34 -5.36
2015
 0.44 -5.24 -2.70 -7.18
2014
 9.85 -1.50 14.23 -3.74
2013
 19.23 -2.27 7.30 -4.75
2012
 11.13 -3.54 10.90 -2.33
2011
 3.75 -9.00 11.26 -2.79
2010
 12.93 -7.13 18.67 -3.89
2009
 18.79 -11.70 13.48 -13.85
2008
 -19.44 -22.19 -8.15 -17.41
2007
 5.99 -3.07 7.64 -3.47
2006
 11.12 -2.03 13.61 -2.41
2005
 4.74 -2.34 8.77 -1.99
2004
 9.37 -2.68 12.41 -5.63
2003
 20.04 -1.99 21.02 -2.05
2002
 -8.98 -13.74 0.98 -6.92
2001
 -3.21 -11.68 2.44 -6.32
2000
 -1.79 -8.27 7.18 -5.00
1999
 13.98 -3.76 4.50 -3.81
1998
 17.39 -10.18 10.22 -9.45
1997
 22.37 -3.12 17.46 -2.58
1996
 14.01 -3.33 12.12 -2.18
1995
 28.74 -0.20 23.89 -0.24
1994
 -1.16 -6.47 -2.19 -5.72
1993
 10.25 -1.36 14.09 -1.81
1992
 8.32 -1.65 9.99 -1.97
1991
 25.53 -2.86 25.46 -2.15
1990
 -0.19 -8.52 -3.74 -10.26
1989
 22.33 -1.36 17.15 -0.96
1988
 13.33 -2.24 10.53 -1.79
1987
 2.18 -19.17 3.74 -14.24
1986
 14.79 -5.58 19.84 -3.19
1985
 27.66 -2.15 27.84 -2.14
1984
 7.32 -6.58 5.33 -5.35
1983
 15.69 -2.85 13.15 -3.15
1982
 24.75 -4.29 29.44 -5.54
1981
 1.27 -8.82 -1.57 -9.97
1980
 21.05 -9.57 17.13 -13.94
1979
 16.69 -6.65 35.51 -7.47
1978
 5.53 -7.92 12.52 -7.58
1977
 -1.60 -4.89 8.03 -1.42
1976
 21.38 -1.34 23.56 -2.31
1975
 25.64 -8.13 18.95 -9.90
1974
 -14.41 -20.38 -1.42 -18.29
1973
 -9.12 -9.87 0.85 -7.16
1972
 11.66 -1.45 17.31 -1.01
1971
 14.37 -5.73 14.89 -3.39
1970
 9.77 -11.52 5.65 -10.33
1969
 -7.02 -8.24 -7.17 -8.94
1968
 9.19 -3.30 12.07 -1.83
1967
 16.22 -2.87 16.42 -2.37
1966
 -3.25 -9.79 -2.30 -7.70
1965
 8.81 -2.63 10.74 -1.94
1964
 11.40 -0.78 9.93 -0.67
1963
 13.34 -1.77 10.07 -1.63
1962
 -3.49 -12.63 -3.72 -11.29
1961
 16.69 -2.07 11.03 -1.98
1960
 5.77 -4.00 3.49 -2.99
1959
 6.99 -3.96 6.17 -3.34
1958
 25.76 -0.76 20.79 -0.85
1957
 -2.53 -7.55 -2.16 -6.46
1956
 4.48 -5.10 1.30 -5.13
1955
 15.12 -1.72 10.08 -2.22
1954
 31.48 -2.16 24.62 -2.08
1953
 1.85 -4.96 0.32 -5.29
1952
 9.07 -2.48 5.77 -2.30
1951
 12.47 -3.94 6.17 -4.18
1950
 18.15 -3.45 15.66 -3.00
1949
 13.74 -2.42 10.72 -2.19
1948
 2.46 -6.51 1.27 -5.91
1947
 2.12 -3.61 5.28 -2.70
1946
 -3.48 -13.30 -0.74 -10.58
1945
 24.98 -2.30 24.43 -1.83
1944
 13.65 -0.91 14.55 -0.57
1943
 17.73 -5.22 18.01 -3.99
1942
 10.55 -7.45 9.75 -6.28
1941
 -5.16 -8.44 -3.68 -6.95
1940
 -2.58 -14.56 -0.87 -12.20
1939
 2.64 -8.45 -0.07 -7.98
1938
 18.78 -15.43 15.99 -13.47
1937
 -20.16 -23.31 -16.33 -19.30
1936
 22.00 -4.48 19.70 -3.86
1935
 29.34 -5.09 20.74 -5.71
1934
 4.30 -9.46 7.43 -7.24
1933
 35.51 -12.66 43.34 -10.18
1932
 -0.28 -25.51 -0.65 -22.38
1931
 -27.30 -34.34 -21.63 -28.50
1930
 -13.91 -22.76 -12.04 -19.98
1929
 -5.08 -21.42 -6.21 -19.74
1928
 22.84 -2.72 15.29 -2.76
Mastering ETF Investing
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