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Final Thoughts. A Brief History of the 60/40 Portfolio. Dating back to 1926, the 60/40 portfolio has enjoyed an annualized return of 9.1% (Source: Vanguard ). Its best year, 1993, saw returns of 36.7%, while its worst year, 1931, experienced a loss of 26.6%. Over those 95 years, 22 saw the portfolio decline in value.The 60/40 portfolio had an outstanding decade—even counting 2022. The typical 60% stock/40% bond portfolio declined about 16% in 2022—a painful period for balanced investors that has raised doubts about the viability of this strategy.
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