HomePortfoliosGold Hedge Matched

Gold Hedge Matched

Created byuser-julfmc
Optimize
Annual Rebalancing
EUR
High Risk
Multi-currency
12.9yr backtest

Performance Summary

Total Return+729.26%
Annualized Return+17.82%
Volatility+40.97%
Sharpe Ratio0.39
Max Drawdown+51.88%

Holdings

Asset Allocation

Asset Class

Equity 96.0%Precious Metals 4.0%
Holdings Details
80% global equity ETF with leveraged gold miner bets and hedged gold positions—a high-conviction growth portfolio hedging currency and metal risk.
AssetTypeAllocationTER
EUNL.XETRA
iShares Core MSCI World UCITS ETF USD (Acc) • IE00B4L5Y983
ETF
80.0%0.2%
JNUG.US
Direxion Daily Junior Gold Miners Index Bull 2X Shares • US25460G8318
ETF
15.0%0.95%
4GLD.XETRA
Xetra-Gold • DE000A0S9GB0
ETF
1.0%0%
GLD.US
SPDR® Gold Shares • US78463V1070
ETF
1.0%0.4%
GLL.US
ProShares UltraShort Gold • US74347W3951
ETF
1.0%0.95%
UBUD.XETRA
UBS Solactive Global Pure Gold Miners UCITS ETF USD dis • IE00B7KMNP07
ETF
1.0%0.43%
9GA9.XETRA
WisdomTree Gold 1x Daily Short EUR • JE00B24DKC09
ETF
1.0%0.39%
Total100.0%0.32%

Performance

Portfolio Value Over Time
Starting with €10,000 investment → now worth €82,926.21
Histogram of Monthly Returns
The portfolio had a positive return during 90 of the 155 months (58%)
Monthly Returns Heatmap
Best month: +93.9% • Worst month: -26.8% • Best year: 2014 (+103.2%) • Worst year: 2022 (-16.5%)
YearJanFebMarAprMayJunJulAugSepOctNovDecTotal
2026+1.8%+10.0%-13.6%+5.1%+4.8%-3.3%-1.4%+10.6%----+12.5%
2025+7.4%-2.0%-1.3%-1.3%+6.9%+0.8%+1.2%+11.5%+17.2%-2.5%+11.3%+4.3%+65.5%
2024-0.2%+1.4%+8.1%-0.4%+4.3%+1.3%+2.7%-0.9%+2.7%+3.5%+3.0%-3.4%+24.0%
2023+6.3%-3.4%+4.2%-0.1%+0.1%+1.4%+3.0%-1.6%-3.6%-2.4%+8.0%+2.7%+14.9%
2022-6.7%+2.2%+6.8%-4.3%-6.3%-10.0%+9.9%-3.9%-4.8%+3.6%+2.9%-5.3%-16.5%
2021-3.2%+0.7%+5.3%+2.2%+2.4%+1.1%+1.2%+1.7%-3.0%+6.2%+0.6%+3.4%+19.4%
2020-0.7%-12.7%-18.3%+10.3%+2.8%+1.8%+0.7%+5.2%-1.7%-2.8%+8.0%+2.1%-8.7%
2019+10.7%+2.1%+3.5%-1.0%-3.8%+10.9%+6.9%+4.3%-6.7%+4.0%+1.3%+7.4%+45.3%
2018-0.8%-4.0%-2.7%+3.9%+3.6%+0.2%+0.9%-2.1%+0.4%-4.3%-0.3%-5.1%-10.2%
2017+7.7%+1.5%+7.9%-8.4%-3.2%+1.1%-1.3%+3.2%-2.2%+0.2%-1.3%+4.4%+8.7%
2016-7.5%+17.5%+2.7%+39.3%-16.4%+29.2%+25.4%-26.8%+4.0%-13.0%-12.7%-1.8%+19.5%
2015+16.4%+2.6%-3.8%+0.5%+2.6%-5.5%-3.3%-7.5%-4.0%+9.2%+2.7%-3.9%+3.9%
2014+2.8%+10.4%-8.8%-0.1%-0.1%+11.3%-0.6%+3.7%-8.0%-5.8%+2.3%+93.9%+103.2%
2013---------+0.6%-3.3%-1.3%-4.0%
> +2%
0% to +2%
-2% to 0%
< -2%
Drawdown Analysis
Maximum drawdown: +51.88% • The longest drawdown period lasted for 8 years and 2 months and was between August 2016 and October 2024. It reached a trough of -51.9%.

Dividend Income

Summary
This portfolio contains 3 distributing ETFs (17.0% of total allocation)

Total Dividends Received

€15,124.08

49 payments

Dividend Yield

3.59%

(annualized)

Avg Per Payment

€308.65

per event

All dividends are automatically reinvested at the payment date. The portfolio value shown includes the compounding effect of dividend reinvestment.

Annual Breakdown
Dividend income per calendar year
YearDividends
2026€103.59
2025€331.28
2024€124.93
2023€77.61
2022€4.10
2021€15.08
2020€9.23
2019€1,162.67
2018€1.18
2017€2,922.45
2016€1.39
2015€2.42
2014€10,368.17
Total€15,124.08

Detailed Metrics

Returns
Total Return
+729.26%
Annualized Return
+17.82%
Avg Monthly Return
+1.83%
Risk
Volatility (Annual)
+40.97%
Max Drawdown
+51.88%
Positive Months
58%
Average Drawdown
-22.5%
Risk-Adjusted
Sharpe Ratio
0.39
Risk-free rate: 2.0%
Sortino Ratio
0.54
Downside risk adjusted
Return/Volatility
0.43
Calmar Ratio
0.34
Return/Max Drawdown
Ulcer Index
26.14
Drawdown depth & duration
Martin Ratio
0.01
Return/Ulcer Index
Backtest Configuration
Initial Investment
€10,000
Final Value
€82,926.21
Backtest Period
2013-10-03 to 2026-08-28
12.9 years
Rebalancing
annual
Base Currency
EUR