Vanguard Recommendation 60/40
Asset Allocation
Performance
Performance Chart
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The earliest data available for this chart is Feb 7, 2019, corresponding to the inception date of VBLAX
Returns By Period
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | -3.77% | 7.44% | -5.60% | 8.37% | 14.12% | 10.46% |
| Vanguard Recommendation 60/40 | 2.06% | 5.82% | 0.23% | 7.95% | 7.69% | N/A |
| Portfolio components: | ||||||
VTSMX Vanguard Total Stock Market Index Fund Investor Shares | -3.74% | 8.02% | -5.68% | 9.05% | 15.15% | 11.65% |
VGTSX Vanguard Total International Stock Index Fund Investor Shares | 10.38% | 11.25% | 6.51% | 9.80% | 10.68% | 5.03% |
VBISX Vanguard Short-Term Bond Index Fund | 1.90% | 0.20% | 2.31% | 5.73% | 0.88% | 1.60% |
VBIIX Vanguard Intermediate-Term Bond Index Fund | 2.48% | 0.69% | 1.64% | 6.12% | -0.95% | 1.56% |
VBLAX Vanguard Long-Term Bond Index Fund Admiral Shares | 0.46% | 1.47% | -3.24% | 2.11% | -5.17% | N/A |
VTIBX Vanguard Total International Bond Index Fund | 1.02% | 0.92% | 1.65% | 5.37% | -0.13% | 1.94% |
Monthly Returns
The table below presents the monthly returns of Vanguard Recommendation 60/40, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 2.09% | 0.51% | -1.97% | 0.82% | 0.63% | 2.06% | |||||||
| 2024 | -0.18% | 2.16% | 2.26% | -2.94% | 3.14% | 1.15% | 2.27% | 1.83% | 1.93% | -2.29% | 2.70% | -2.30% | 9.89% |
| 2023 | 5.78% | -2.82% | 2.69% | 1.01% | -1.10% | 3.35% | 2.19% | -2.00% | -3.40% | -2.28% | 7.06% | 4.57% | 15.33% |
| 2022 | -3.59% | -2.10% | -0.18% | -6.09% | 0.32% | -5.59% | 5.16% | -3.55% | -7.30% | 3.33% | 6.62% | -3.15% | -15.93% |
| 2021 | -0.45% | 0.98% | 1.14% | 2.75% | 1.09% | 1.09% | 0.79% | 1.31% | -2.86% | 2.84% | -1.43% | 1.93% | 9.42% |
| 2020 | 0.09% | -3.80% | -9.15% | 7.35% | 3.40% | 2.24% | 3.64% | 3.24% | -1.71% | -1.46% | 7.86% | 2.98% | 14.25% |
| 2019 | 1.76% | 1.54% | 2.08% | -2.97% | 4.42% | 0.23% | -0.12% | 0.97% | 1.59% | 1.53% | 1.96% | 13.60% |
Expense Ratio
Vanguard Recommendation 60/40 has an expense ratio of 0.14%, which is considered low. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of Vanguard Recommendation 60/40 is 69, indicating average performance compared to other portfolios on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
This table presents a comparison of risk-adjusted performance metrics for positions. Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|
VTSMX Vanguard Total Stock Market Index Fund Investor Shares | 0.47 | 0.82 | 1.12 | 0.50 | 1.92 |
VGTSX Vanguard Total International Stock Index Fund Investor Shares | 0.65 | 1.03 | 1.14 | 0.80 | 2.49 |
VBISX Vanguard Short-Term Bond Index Fund | 2.11 | 3.37 | 1.44 | 1.88 | 8.33 |
VBIIX Vanguard Intermediate-Term Bond Index Fund | 1.06 | 1.58 | 1.18 | 0.40 | 2.61 |
VBLAX Vanguard Long-Term Bond Index Fund Admiral Shares | 0.14 | 0.25 | 1.03 | 0.04 | 0.25 |
VTIBX Vanguard Total International Bond Index Fund | 1.50 | 2.13 | 1.26 | 0.53 | 6.08 |
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Dividends
Dividend yield
Vanguard Recommendation 60/40 provided a 2.69% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 2.69% | 2.78% | 2.62% | 2.12% | 2.00% | 1.71% | 2.45% | 2.33% | 1.97% | 2.03% | 1.99% | 2.04% |
| Portfolio components: | ||||||||||||
VTSMX Vanguard Total Stock Market Index Fund Investor Shares | 1.24% | 1.17% | 1.34% | 1.54% | 1.11% | 1.33% | 1.67% | 1.92% | 1.61% | 1.83% | 1.86% | 1.65% |
VGTSX Vanguard Total International Stock Index Fund Investor Shares | 2.91% | 3.26% | 3.15% | 2.98% | 2.99% | 2.05% | 2.98% | 3.09% | 2.68% | 2.86% | 2.77% | 3.32% |
VBISX Vanguard Short-Term Bond Index Fund | 3.17% | 3.29% | 2.34% | 1.37% | 1.10% | 1.72% | 2.16% | 1.93% | 1.58% | 1.41% | 1.25% | 1.12% |
VBIIX Vanguard Intermediate-Term Bond Index Fund | 3.47% | 3.71% | 3.00% | 2.28% | 1.85% | 2.17% | 2.65% | 2.79% | 2.57% | 2.57% | 2.69% | 2.75% |
VBLAX Vanguard Long-Term Bond Index Fund Admiral Shares | 4.69% | 4.61% | 4.08% | 3.99% | 2.85% | 2.95% | 3.08% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VTIBX Vanguard Total International Bond Index Fund | 4.24% | 4.13% | 4.36% | 1.40% | 3.01% | 0.91% | 3.36% | 2.98% | 2.20% | 1.86% | 1.61% | 1.49% |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Vanguard Recommendation 60/40. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Vanguard Recommendation 60/40 was 22.60%, occurring on Oct 14, 2022. Recovery took 363 trading sessions.
The current Vanguard Recommendation 60/40 drawdown is 1.44%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -22.6% | Nov 9, 2021 | 235 | Oct 14, 2022 | 363 | Mar 27, 2024 | 598 |
| -21.3% | Feb 20, 2020 | 23 | Mar 23, 2020 | 82 | Jul 20, 2020 | 105 |
| -9.34% | Feb 19, 2025 | 35 | Apr 8, 2025 | — | — | — |
| -4.65% | Sep 3, 2020 | 14 | Sep 23, 2020 | 31 | Nov 5, 2020 | 45 |
| -4.21% | Dec 9, 2024 | 23 | Jan 13, 2025 | 22 | Feb 13, 2025 | 45 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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Diversification
Diversification Metrics
Number of Effective Assets
The portfolio contains 6 assets, with an effective number of assets of 4.44, reflecting the diversification based on asset allocation. This number of effective assets suggests a highly concentrated portfolio, where a few assets dominate the allocation, potentially increasing the portfolio's risk due to lack of diversification.
Asset Correlations Table
| ^GSPC | VBISX | VTIBX | VBLAX | VGTSX | VTSMX | VBIIX | Portfolio | |
|---|---|---|---|---|---|---|---|---|
| ^GSPC | 1.00 | -0.00 | 0.03 | -0.01 | 0.79 | 0.99 | 0.00 | 0.93 |
| VBISX | -0.00 | 1.00 | 0.62 | 0.70 | 0.04 | 0.00 | 0.87 | 0.17 |
| VTIBX | 0.03 | 0.62 | 1.00 | 0.76 | 0.04 | 0.03 | 0.76 | 0.19 |
| VBLAX | -0.01 | 0.70 | 0.76 | 1.00 | 0.01 | -0.01 | 0.91 | 0.18 |
| VGTSX | 0.79 | 0.04 | 0.04 | 0.01 | 1.00 | 0.80 | 0.05 | 0.91 |
| VTSMX | 0.99 | 0.00 | 0.03 | -0.01 | 0.80 | 1.00 | 0.00 | 0.94 |
| VBIIX | 0.00 | 0.87 | 0.76 | 0.91 | 0.05 | 0.00 | 1.00 | 0.20 |
| Portfolio | 0.93 | 0.17 | 0.19 | 0.18 | 0.91 | 0.94 | 0.20 | 1.00 |