Aim Ways Ulcer Free Strategy Portfolio vs The Lazy Team Simplified Permanent Portfolio Portfolio Comparison

Simulation Settings
Period: January 1985 - January 2026 (~41 years)
Consolidated Returns as of 31 January 2026
Initial Amount: 1$
Rebalancing: at every Jan 1st
Currency: USD
Inflation: US
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Results
30 Years
(1996/02 - 2026/01)
All Data
(1985/01 - 2026/01)
Inflation Adjusted:
Aim Ways Aim Ways Ulcer Free Strategy Portfolio
1.00$
Invested Capital
February 1996
8.71$
Final Capital
January 2026
7.48%
Yearly Return
6.05%
Std Deviation
-17.48%
Max Drawdown
35months
Recovery Period
1.00$
Invested Capital
February 1996
4.13$
Final Capital
January 2026
4.84%
Yearly Return
6.05%
Std Deviation
-25.86%
Max Drawdown
61months
Recovery Period
1.00$
Invested Capital
January 1985
30.03$
Final Capital
January 2026
8.63%
Yearly Return
6.11%
Std Deviation
-17.48%
Max Drawdown
35months
Recovery Period
1.00$
Invested Capital
January 1985
9.70$
Final Capital
January 2026
5.69%
Yearly Return
6.11%
Std Deviation
-25.86%
Max Drawdown
61months
Recovery Period
The Lazy Team The Lazy Team Simplified Permanent Portfolio
1.00$
Invested Capital
February 1996
8.69$
Final Capital
January 2026
7.47%
Yearly Return
6.96%
Std Deviation
-16.43%
Max Drawdown
27months
Recovery Period
1.00$
Invested Capital
February 1996
4.12$
Final Capital
January 2026
4.83%
Yearly Return
6.96%
Std Deviation
-23.36%
Max Drawdown
53months
Recovery Period
1.00$
Invested Capital
January 1985
26.93$
Final Capital
January 2026
8.35%
Yearly Return
6.78%
Std Deviation
-16.43%
Max Drawdown
27months
Recovery Period
1.00$
Invested Capital
January 1985
8.70$
Final Capital
January 2026
5.41%
Yearly Return
6.78%
Std Deviation
-23.36%
Max Drawdown
53months
Recovery Period

As of January 2026, in the previous 30 Years, the Aim Ways Ulcer Free Strategy Portfolio obtained a 7.48% compound annual return, with a 6.05% standard deviation. It suffered a maximum drawdown of -17.48% that required 35 months to be recovered.

As of January 2026, in the previous 30 Years, the The Lazy Team Simplified Permanent Portfolio obtained a 7.47% compound annual return, with a 6.96% standard deviation. It suffered a maximum drawdown of -16.43% 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.

Aim Ways
Aim Ways Ulcer Free Strategy Portfolio
Weight
(%)		 Ticker Name
11.00
QQQ
Invesco QQQ Trust
34.00
BNDX
Vanguard Total International Bond
28.00
IEF
iShares 7-10 Year Treasury Bond
15.00
CWB
SPDR Bloomberg Convertible Securities ETF
12.00
GLD
SPDR Gold Trust
The Lazy Team
The Lazy Team Simplified Permanent Portfolio
Weight
(%)		 Ticker Name
25.00
VTI
Vanguard Total Stock Market
50.00
IEF
iShares 7-10 Year Treasury Bond
25.00
GLD
SPDR Gold Trust
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Portfolio Returns as of Jan 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
(1996/02 - 2026/01)
All Data
(1985/01 - 2026/01)
Inflation Adjusted:
Swipe left to see all data
Initial Amount $ Final Amount $ Total Return (%) Annualized (%)
Aim Ways Ulcer Free Strategy
Aim Ways 		1 $ 8.71 $ 771.46% 7.48%
The Lazy Team Simplified Permanent Portfolio
The Lazy Team 		1 $ 8.69 $ 769.19% 7.47%
Feb 1996 Jan 2026

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Initial Amount $ Final Amount $ Total Return (%) Annualized (%)
Aim Ways Ulcer Free Strategy
Aim Ways 		1 $ 4.13 $ 312.69% 4.84%
The Lazy Team Simplified Permanent Portfolio
The Lazy Team 		1 $ 4.12 $ 311.62% 4.83%
Feb 1996 Jan 2026

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Initial Amount $ Final Amount $ Total Return (%) Annualized (%)
Aim Ways Ulcer Free Strategy
Aim Ways 		1 $ 30.03 $ 2 903.17% 8.63%
The Lazy Team Simplified Permanent Portfolio
The Lazy Team 		1 $ 26.93 $ 2 593.04% 8.35%
Jan 1985 Jan 2026

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Initial Amount $ Final Amount $ Total Return (%) Annualized (%)
Aim Ways Ulcer Free Strategy
Aim Ways 		1 $ 9.70 $ 869.89% 5.69%
The Lazy Team Simplified Permanent Portfolio
The Lazy Team 		1 $ 8.70 $ 769.73% 5.41%
Jan 1985 Jan 2026

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Return (%) as of Jan 31, 2026
YTD
(1M) 		1M 6M 1Y 5Y 10Y 30Y MAX
(~41Y)
https://www.lazyportfolioetf.com/wp-content/themes/dynamico-child/img/author/avatar_aim_ways2.webp Ulcer Free Strategy
Aim Ways 		2.43 2.43 10.03 16.39 4.70 7.13 7.48 8.63
https://www.lazyportfolioetf.com/wp-content/themes/dynamico-child/img/author/avatar_lzp.webp Simplified Permanent Portfolio
The Lazy Team 		3.35 3.35 16.08 24.92 8.12 8.31 7.47 8.35
Returns over 1 year are annualized.
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Portfolio Metrics as of Jan 31, 2026

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

METRIC COMPARISON
Period: 1 February 2025 - 31 January 2026 (1 year)
Period: 1 February 2021 - 31 January 2026 (5 years)
Period: 1 February 2016 - 31 January 2026 (10 years)
Period: 1 February 1996 - 31 January 2026 (30 years)
Period: 1 January 1985 - 31 January 2026 (~41 years)
1 Year
5 Years
10 Years
30 Years
All (1985/01 - 2026/01)
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Ulcer Free Strategy Simplified Permanent Portfolio
Author Aim Ways The Lazy Team
ASSET ALLOCATION
Stocks 11% 25%
Fixed Income 77% 50%
Commodities 12% 25%
PERFORMANCES
Annualized Return (%) 16.39 24.92
Infl. Adjusted (%) 13.72 22.05
DRAWDOWN
Deepest Drawdown Depth (%) -0.35 0.00
Start to Recovery (months) 2
Longest Drawdown Depth (%) -0.35 0.00
Start to Recovery (months) 2
Longest Negative Period (months) 1 0
RISK INDICATORS
Standard Deviation (%) 3.77 4.20
Sharpe Ratio 3.27 4.96
Sortino Ratio 4.73 7.62
Ulcer Index 0.12 0.00
Ratio: Return / Standard Deviation 4.35 5.94
Ratio: Return / Deepest Drawdown 46.48 ---
Metrics calculated over the period 1 February 2025 - 31 January 2026
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Ulcer Free Strategy Simplified Permanent Portfolio
Author Aim Ways The Lazy Team
ASSET ALLOCATION
Stocks 11% 25%
Fixed Income 77% 50%
Commodities 12% 25%
PERFORMANCES
Annualized Return (%) 4.70 8.12
Infl. Adjusted (%) 0.22 3.49
DRAWDOWN
Deepest Drawdown Depth (%) -17.48 -16.43
Start to Recovery (months) 35 27
Longest Drawdown Depth (%) -17.48 -16.43
Start to Recovery (months) 35 27
Longest Negative Period (months) 40 34
RISK INDICATORS
Standard Deviation (%) 7.52 8.56
Sharpe Ratio 0.21 0.58
Sortino Ratio 0.28 0.77
Ulcer Index 7.24 5.90
Ratio: Return / Standard Deviation 0.63 0.95
Ratio: Return / Deepest Drawdown 0.27 0.49
Metrics calculated over the period 1 February 2021 - 31 January 2026
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Ulcer Free Strategy Simplified Permanent Portfolio
Author Aim Ways The Lazy Team
ASSET ALLOCATION
Stocks 11% 25%
Fixed Income 77% 50%
Commodities 12% 25%
PERFORMANCES
Annualized Return (%) 7.13 8.31
Infl. Adjusted (%) 3.78 4.92
DRAWDOWN
Deepest Drawdown Depth (%) -17.48 -16.43
Start to Recovery (months) 35 27
Longest Drawdown Depth (%) -17.48 -16.43
Start to Recovery (months) 35 27
Longest Negative Period (months) 41 40
RISK INDICATORS
Standard Deviation (%) 6.51 7.38
Sharpe Ratio 0.78 0.85
Sortino Ratio 1.06 1.16
Ulcer Index 5.21 4.40
Ratio: Return / Standard Deviation 1.09 1.13
Ratio: Return / Deepest Drawdown 0.41 0.51
Metrics calculated over the period 1 February 2016 - 31 January 2026
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Ulcer Free Strategy Simplified Permanent Portfolio
Author Aim Ways The Lazy Team
ASSET ALLOCATION
Stocks 11% 25%
Fixed Income 77% 50%
Commodities 12% 25%
PERFORMANCES
Annualized Return (%) 7.48 7.47
Infl. Adjusted (%) 4.84 4.83
DRAWDOWN
Deepest Drawdown Depth (%) -17.48 -16.43
Start to Recovery (months) 35 27
Longest Drawdown Depth (%) -17.48 -16.43
Start to Recovery (months) 35 27
Longest Negative Period (months) 41 40
RISK INDICATORS
Standard Deviation (%) 6.05 6.96
Sharpe Ratio 0.87 0.75
Sortino Ratio 1.20 1.05
Ulcer Index 3.46 3.15
Ratio: Return / Standard Deviation 1.24 1.07
Ratio: Return / Deepest Drawdown 0.43 0.46
Metrics calculated over the period 1 February 1996 - 31 January 2026
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Ulcer Free Strategy Simplified Permanent Portfolio
Author Aim Ways The Lazy Team
ASSET ALLOCATION
Stocks 11% 25%
Fixed Income 77% 50%
Commodities 12% 25%
PERFORMANCES
Annualized Return (%) 8.63 8.35
Infl. Adjusted (%) 5.69 5.41
DRAWDOWN
Deepest Drawdown Depth (%) -17.48 -16.43
Start to Recovery (months) 35 27
Longest Drawdown Depth (%) -17.48 -16.43
Start to Recovery (months) 35 27
Longest Negative Period (months) 41 40
RISK INDICATORS
Standard Deviation (%) 6.11 6.78
Sharpe Ratio 0.89 0.76
Sortino Ratio 1.25 1.07
Ulcer Index 3.15 2.88
Ratio: Return / Standard Deviation 1.41 1.23
Ratio: Return / Deepest Drawdown 0.49 0.51
Metrics calculated over the period 1 January 1985 - 31 January 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 February 1996 - 31 January 2026 (30 years)
Period: 1 January 1985 - 31 January 2026 (~41 years)
30 Years
(1996/02 - 2026/01)

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Ulcer Free Strategy Simplified Permanent Portfolio
Drawdown
(%) 		Recovery
(#Months)		 From
To		 Drawdown
(%) 		Recovery
(#Months)		 From
To
-17.48 35 Sep 2021
Jul 2024
-16.43 27 Jan 2022
Mar 2024
-13.81 17 Mar 2008
Jul 2009
-13.28 18 Mar 2008
Aug 2009
-6.69 11 Apr 2013
Feb 2014
-6.23 12 Aug 2016
Jul 2017
-5.27 14 Feb 2015
Mar 2016
-5.09 9 Feb 1999
Oct 1999
-4.79 7 Apr 2004
Oct 2004
-4.73 26 Sep 2000
Oct 2002
-4.63 3 Jul 1998
Sep 1998
-4.61 6 May 2013
Oct 2013
-4.30 7 Dec 1996
Jun 1997
-4.08 7 Oct 2016
Apr 2017
-3.81 5 Jan 2021
May 2021

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Ulcer Free Strategy Simplified Permanent Portfolio
Drawdown
(%) 		Recovery
(#Months)		 From
To		 Drawdown
(%) 		Recovery
(#Months)		 From
To
-17.48 35 Sep 2021
Jul 2024
-16.43 27 Jan 2022
Mar 2024
-13.81 17 Mar 2008
Jul 2009
-13.28 18 Mar 2008
Aug 2009
-7.24 15 Feb 1994
Apr 1995
-6.69 11 Apr 2013
Feb 2014
-6.23 12 Aug 2016
Jul 2017
-5.83 15 Aug 1987
Oct 1988
-5.67 14 Feb 1994
Mar 1995
-5.66 12 Jan 1990
Dec 1990
-5.36 6 Sep 1987
Feb 1988
-5.27 14 Feb 2015
Mar 2016
-5.09 9 Feb 1999
Oct 1999
-5.01 5 Aug 1990
Dec 1990
-4.79 7 Apr 2004
Oct 2004

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 1985 - 31 January 2026 (~41 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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Ulcer Free Strategy Simplified Permanent Portfolio
Year Return
(%)		 Drawdown
(%)		 Return
(%)		 Drawdown
(%)
2026
 2.43 0.00 3.35 0.00
2025
 15.64 -0.35 24.21 0.00
2024
 8.55 -2.00 12.30 -2.24
2023
 13.74 -4.59 11.51 -5.16
2022
 -15.39 -16.93 -12.67 -16.43
2021
 1.14 -3.29 3.72 -3.81
2020
 20.69 -2.80 16.46 -3.11
2019
 14.71 -0.83 16.15 -0.99
2018
 0.69 -2.59 -1.29 -3.68
2017
 9.01 -0.91 9.78 -0.96
2016
 5.21 -4.08 5.72 -6.23
2015
 0.46 -2.56 -1.82 -5.27
2014
 8.51 -1.57 7.12 -2.59
2013
 1.73 -4.61 -1.76 -6.69
2012
 9.44 -1.48 7.59 -1.89
2011
 7.68 -1.94 10.45 -3.69
2010
 13.35 -0.33 16.36 -0.02
2009
 19.29 -1.70 9.94 -4.96
2008
 -5.09 -13.81 0.94 -13.28
2007
 10.42 -0.94 14.14 -1.50
2006
 7.02 -1.81 10.82 -2.47
2005
 5.78 -1.51 7.34 -1.60
2004
 7.35 -2.86 6.42 -4.79
2003
 15.98 -1.15 15.31 -2.22
2002
 4.11 -2.74 9.00 -2.60
2001
 1.74 -4.71 0.15 -3.21
2000
 5.64 -4.73 4.63 -2.98
1999
 12.39 -3.53 2.25 -5.09
1998
 18.15 -2.77 12.93 -4.63
1997
 4.45 -3.38 8.38 -2.87
1996
 8.16 -0.95 4.09 -3.64
1995
 22.80 0.00 21.97 0.00
1994
 -4.83 -7.24 -4.18 -5.67
1993
 15.58 -0.99 13.56 -1.61
1992
 8.79 -2.57 4.46 -3.11
1991
 23.75 -1.85 15.41 -1.06
1990
 2.22 -5.01 1.55 -5.66
1989
 13.13 -0.77 15.24 -1.52
1988
 6.27 -2.13 3.97 -2.03
1987
 4.63 -5.36 5.46 -5.83
1986
 17.00 -1.71 19.06 -1.00
1985
 25.19 -2.47 24.24 -2.66
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