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Norway Sovereign Wealth Fund

Norway Sovereign Wealth Fund

Optimize
Annual Rebalancing
EUR
Moderate Risk
12.8yr backtest

Performance Summary

Total Return+181.35%
Annualized Return+8.44%
Volatility+10.88%
Sharpe Ratio0.59
Max Drawdown+25.81%

Holdings

Asset Allocation

Asset Class

Equity 72.0%Bonds 28.0%
Holdings Details
Norway Sovereign Wealth Fund's ETF portfolio: a diversified global mix of stocks and bonds for long-term institutional-grade investing. (149 chars)
AssetTypeAllocationTER
SPYI.XETRA
SPDR MSCI All Country World Investable Market UCITS ETF (Acc)IE00B3YLTY66
ETF
66.0%0.17%
XGVD.XETRA
Xtrackers Global Government Bond UCITS ETF 1D EUR hedgedLU0690964092
ETF
20.0%0.25%
SYBC.XETRA
State Street SPDR Bloomberg Euro Corporate Bond UCITS ETF EURIE00B3T9LM79
ETF
8.0%0.12%
MEUD.PA
Amundi Core Stoxx Europe 600 UCITS ETF AccLU0908500753
ETF
6.0%0.07%
Total100.0%0.18%

Performance

Portfolio Value Over Time
Starting with 10,000 investment → now worth €28,134.55
Histogram of Monthly Returns
The portfolio had a positive return during 101 of the 155 months (65%)
Monthly Returns Heatmap
Best month: +8.5% • Worst month: -9.7% • Best year: 2019 (+22.5%) • Worst year: 2022 (-13.2%)
YearJanFebMarAprMayJunJulAugSepOctNovDecTotal
2026+1.2%+1.9%-4.6%+1.6%---------0.2%
2025+3.3%-1.1%-5.3%-2.4%+4.0%+0.7%+3.1%+0.1%+2.0%+3.2%-0.2%+0.4%+7.8%
2024+1.6%+2.2%+3.0%-1.8%+0.9%+3.3%+0.8%-0.1%+1.4%-0.1%+5.1%-1.3%+15.9%
2023+4.4%-0.4%+0.4%+0.0%+1.1%+2.6%+1.7%-0.8%-1.7%-2.9%+5.0%+4.0%+13.8%
2022-3.6%-1.9%+2.1%-2.4%-2.4%-5.2%+7.3%-2.3%-5.4%+2.8%+2.0%-4.4%-13.2%
2021+0.6%+1.5%+4.3%+1.0%-0.0%+3.1%+1.0%+2.0%-1.9%+3.6%+0.1%+2.6%+19.2%
2020-0.0%-5.7%-9.0%+7.0%+1.1%+1.7%+0.2%+3.4%-0.4%-1.7%+7.1%+2.0%+4.6%
2019+6.0%+2.6%+2.0%+2.5%-3.7%+3.2%+2.6%-1.0%+2.0%-0.0%+2.9%+1.6%+22.5%
2018+0.8%-1.4%-2.3%+2.5%+2.1%-0.2%+1.6%+0.9%+0.2%-4.0%+0.4%-5.6%-5.3%
2017+0.1%+3.0%+0.5%-0.1%-0.8%-0.8%-0.4%-0.3%+1.8%+2.5%-0.4%+1.0%+6.4%
2016-6.6%+2.4%+2.0%+2.0%+0.6%-0.0%+2.9%+0.4%+0.3%+0.1%+2.8%+2.1%+8.9%
2015+4.9%+4.4%+2.4%-0.9%+2.4%-3.9%+1.7%-9.7%-0.5%+8.5%+2.8%-3.0%+7.7%
2014-1.5%+2.9%-0.2%+0.3%+3.4%+1.4%+0.6%+2.9%+1.0%+0.8%+2.1%+0.8%+15.5%
2013-----+2.0%+2.0%-0.9%+2.8%+2.0%+1.3%-0.1%+9.5%
> +2%
0% to +2%
-2% to 0%
< -2%
Drawdown Analysis
Maximum drawdown: +25.81% • The longest drawdown period lasted for 2 years and 2 months and was between November 2021 and January 2024. It reached a trough of -14.7%.

Dividend Income

Summary
This portfolio contains 2 distributing ETFs (28.0% of total allocation)

Total Dividends Received

1,061.84

51 payments

Dividend Yield

0.46%

(annualized)

Avg Per Payment

20.82

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
202674.19
2025203.94
2024176.53
2023109.67
2022124.15
202171.74
202051.04
201939.10
201831.35
201714.66
201640.09
201534.82
201451.35
201339.26
Total1,061.84

Detailed Metrics

Returns
Total Return
+181.35%
Annualized Return
+8.44%
Avg Monthly Return
+0.71%
Risk
Volatility (Annual)
+10.88%
Max Drawdown
+25.81%
Positive Months
65%
Average Drawdown
-4.2%
Risk-Adjusted
Sharpe Ratio
0.59
Risk-free rate: 2.0%
Sortino Ratio
0.54
Downside risk adjusted
Return/Volatility
0.78
Calmar Ratio
0.33
Return/Max Drawdown
Ulcer Index
5.53
Drawdown depth & duration
Martin Ratio
0.01
Return/Ulcer Index
Backtest Configuration
Initial Investment
10,000
Final Value
28,134.55
Backtest Period
2013-06-25 to 2026-04-02
12.8 years
Rebalancing
annual
Base Currency
EUR