HomePortfoliosHedged Gold

Hedged Gold

Created byuser-julfmc
Optimize
Monthly Rebalancing
EUR
Moderate Risk
4.0yr backtest

Performance Summary

Total Return+60.17%
Annualized Return+12.64%
Volatility+11.49%
Sharpe Ratio0.93
Max Drawdown+14.24%

Holdings

Asset Allocation

Asset Class

Precious Metals 100.0%
Holdings Details
Gold-focused ETF portfolio with 90% physical gold exposure and a 10% short position, offering a hedged play on precious metals prices.
AssetTypeAllocationTER
PHAU.AS
WisdomTree Physical Gold EUR • JE00B1VS3770
ETF
45.0%0.39%
GOLD-EUR.PA
Amundi Physical Gold ETC (C) • FR0013416716
ETF
45.0%0.12%
GL3S.XETRA
Leverage Shares -3x Short Gold ETP Securities • XS2472195283
ETF
10.0%0.75%
Total100.0%0.30%

Performance

Portfolio Value Over Time
Starting with €10,000 investment → now worth €16,016.92
Histogram of Monthly Returns
The portfolio had a positive return during 28 of the 48 months (58%)
Monthly Returns Heatmap
Best month: +9.5% • Worst month: -5.0% • Best year: 2024 (+23.3%) • Worst year: 2022 (-2.6%)
YearJanFebMarAprMayJunJulAugSepOctNovDecTotal
2026+9.5%+2.6%-4.2%-2.5%-0.2%-5.0%-1.0%+7.4%----+5.8%
2025+4.7%+0.7%+2.1%-1.5%-0.9%-3.3%+2.7%+0.4%+7.1%+3.6%+2.9%-0.5%+18.8%
2024+1.5%+0.3%+5.4%+3.4%-0.7%+1.1%+1.8%-0.4%+2.4%+5.3%+1.0%+0.2%+23.3%
2023+2.1%-0.7%+2.6%-1.1%+3.0%-3.9%+0.6%+0.9%-0.1%+5.0%-1.7%-0.6%+6.0%
2022--------+0.9%-2.2%-0.0%-1.2%-2.6%
> +2%
0% to +2%
-2% to 0%
< -2%
Drawdown Analysis
Maximum drawdown: +14.24% • The longest drawdown period lasted for 6 months and was between February 2025 and September 2025. It reached a trough of -5.9%.

Detailed Metrics

Returns
Total Return
+60.17%
Annualized Return
+12.64%
Avg Monthly Return
+1.03%
Risk
Volatility (Annual)
+11.49%
Max Drawdown
+14.24%
Positive Months
58%
Average Drawdown
-3.4%
Risk-Adjusted
Sharpe Ratio
0.93
Risk-free rate: 2.0%
Sortino Ratio
0.89
Downside risk adjusted
Return/Volatility
1.10
Calmar Ratio
0.89
Return/Max Drawdown
Ulcer Index
4.24
Drawdown depth & duration
Martin Ratio
0.03
Return/Ulcer Index
Backtest Configuration
Initial Investment
€10,000
Final Value
€16,016.92
Backtest Period
2022-09-13 to 2026-08-28
4.0 years
Rebalancing
monthly
Base Currency
EUR