HomePortfolios60/40 Portfolio

60/40 Portfolio

A balanced 60/40 strategy combining US equity growth through the Vanguard S&P 500 UCITS ETF with stability from EUR-hedged global government bonds, designed for European passive investors seeking steady long-term returns with moderate risk.

Optimize
Annual Rebalancing
EUR
Moderate Risk
15.9yr backtest

Performance Summary

Total Return+258.52%
Annualized Return+8.37%
Volatility+10.25%
Sharpe Ratio0.62
Max Drawdown+20.72%

Holdings

Asset Allocation

Asset Class

Equity 60.0%Bonds 40.0%
Holdings Details
Discover a diversified 60/40 ETF portfolio for European investors blending S&P 500 growth with EUR-hedged bonds for steady long-term returns and balanced risk
AssetTypeAllocationTER
SXR8.XETRA
iShares Core S&P 500 UCITS ETF USD (Acc)IE00B5BMR087
ETF
60.0%0.07%
DBZB.XETRA
Xtrackers II Global Government Bond UCITS ETF 1C EUR HedgedLU0378818131
ETF
40.0%0.25%
Total100.0%0.14%

Performance

Portfolio Value Over Time
Starting with 10,000 investment → now worth €35,851.88
Histogram of Monthly Returns
The portfolio had a positive return during 122 of the 192 months (64%)
Monthly Returns Heatmap
Best month: +7.6% • Worst month: -12.7% • Best year: 2021 (+23.3%) • Worst year: 2022 (-14.6%)
YearJanFebMarAprMayJunJulAugSepOctNovDecTotal
2026-0.3%+0.4%-3.2%+5.2%--------+2.0%
2025+2.5%-1.8%-5.7%-2.6%+3.4%+1.1%+3.3%-0.5%+1.9%+3.1%-0.3%-0.5%+3.5%
2024+2.2%+2.3%+2.5%-2.1%+0.8%+4.7%+0.4%-0.2%+1.4%+1.1%+5.8%-1.0%+19.2%
2023+3.2%-0.2%+1.1%+0.2%+2.1%+2.4%+1.2%+0.1%-2.1%-2.2%+4.7%+3.6%+14.8%
2022-4.2%-1.6%+2.6%-3.0%-2.8%-4.2%+7.6%-2.1%-4.7%+2.7%-0.7%-4.7%-14.6%
2021+0.3%+1.1%+4.3%+1.6%-0.7%+3.8%+2.0%+2.3%-1.8%+3.8%+2.0%+2.5%+23.3%
2020+1.4%-4.9%-5.4%+6.4%+1.0%+0.7%+0.6%+3.4%-0.8%-1.5%+4.6%+0.7%+5.7%
2019+4.9%+2.5%+2.4%+2.3%-2.7%+2.9%+3.5%-0.0%+1.5%-0.6%+3.1%+0.8%+22.5%
2018+0.4%-0.7%-2.4%+1.8%+3.1%+0.6%+1.4%+2.5%+0.2%-2.8%+0.7%-5.4%-0.8%
2017-1.4%+4.1%-0.4%-0.5%-1.0%-0.6%-0.7%-0.1%+1.3%+2.4%+0.4%+0.8%+4.0%
2016-3.2%+1.6%+0.6%-0.7%+3.2%+1.0%+2.2%-0.2%-0.4%-0.1%+3.9%+1.7%+9.8%
2015+3.3%+3.3%+2.1%-2.2%+1.4%-2.6%+2.5%-4.9%-1.4%+6.4%+2.6%-2.4%+7.9%
2014-0.1%+1.6%+0.3%+0.2%+3.0%+1.2%+1.1%+3.6%+2.0%+1.7%+2.8%+2.2%+21.2%
2013+1.8%+3.6%+3.5%-0.2%+2.9%-2.1%+2.0%-2.1%+0.7%+3.1%+1.8%+0.2%+16.1%
2012+1.7%+1.6%+2.0%-0.0%+0.8%+0.8%+3.6%-0.1%+0.0%-1.8%+0.5%-1.0%+8.2%
2011-0.8%+1.6%-1.6%-0.6%+1.3%-1.4%+0.1%-2.7%+1.4%+3.0%+1.0%+4.2%+5.4%
2010----+0.2%-1.5%+2.2%-1.5%+5.5%-0.9%-12.7%+2.3%-7.2%
> +2%
0% to +2%
-2% to 0%
< -2%
Drawdown Analysis
Maximum drawdown: +20.72% • The longest drawdown period lasted for 2 years and was between December 2021 and January 2024. It reached a trough of -14.9%.

Detailed Metrics

Returns
Total Return
+258.52%
Annualized Return
+8.37%
Avg Monthly Return
+0.70%
Risk
Volatility (Annual)
+10.25%
Max Drawdown
+20.72%
Positive Months
64%
Average Drawdown
-4.1%
Risk-Adjusted
Sharpe Ratio
0.62
Risk-free rate: 2.0%
Sortino Ratio
0.55
Downside risk adjusted
Return/Volatility
0.82
Calmar Ratio
0.40
Return/Max Drawdown
Ulcer Index
5.58
Drawdown depth & duration
Martin Ratio
0.01
Return/Ulcer Index
Backtest Configuration
Initial Investment
10,000
Final Value
35,851.88
Backtest Period
2010-05-27 to 2026-04-17
15.9 years
Rebalancing
annual
Base Currency
EUR
60/40 Portfolio | +8.4% CAGR | ETF Backtest