None Rebalancing
EUR
Moderate Risk
16.9yr backtest

Performance Summary

Total Return+520.29%
Annualized Return+11.42%
Volatility+11.47%
Sharpe Ratio0.82
Max Drawdown+22.56%

Holdings

Asset Allocation

Asset Class

Precious Metals 50.0%Equity 50.0%
Holdings Details
Test portfolio balancing gold bullion securities with global equity ETF exposure for diversified EUR-based investment strategy with 50/50 allocation
AssetTypeAllocationTER
GBS.PA
Gold Bullion SecuritiesGB00B00FHZ82
ETF
50.0%0.4%
IWDA.AS
iShares Core MSCI World UCITS ETF USD (Acc)IE00B4L5Y983
ETF
50.0%0.2%
Total100.0%0.30%

Performance

Portfolio Value Over Time
Starting with 10,000 investment → now worth €62,029.38
Histogram of Monthly Returns
The portfolio had a positive return during 132 of the 204 months (65%)
Monthly Returns Heatmap
Best month: +9.0% • Worst month: -8.0% • Best year: 2024 (+29.6%) • Worst year: 2013 (-7.8%)
YearJanFebMarAprMayJunJulAugSepOctNovDecTotal
2026+6.5%+3.2%-7.1%+3.8%+2.8%-3.4%-0.6%+4.6%+0.4%---+9.8%
2025+5.1%-1.1%-2.9%-1.9%+3.4%-0.8%+4.1%+0.6%+5.9%+4.8%+1.9%+0.5%+20.8%
2024+2.9%+2.5%+5.3%+0.3%+0.7%+3.6%+1.1%+0.2%+2.4%+3.3%+4.6%-0.5%+29.6%
2023+4.9%-0.7%+2.1%-0.2%+2.5%+0.5%+2.1%-0.3%-1.8%+0.4%+3.3%+2.3%+16.1%
2022-3.5%+0.6%+4.4%-0.6%-4.0%-3.8%+6.4%-1.7%-3.6%+1.7%+1.1%-3.9%-7.5%
2021+0.1%-0.7%+4.7%+1.7%+1.8%+1.5%+2.4%+1.8%-1.5%+3.9%+1.3%+3.0%+21.6%
2020+2.7%-5.4%-5.7%+8.1%+1.5%+1.8%+2.0%+2.7%-1.5%-1.7%+2.4%+2.4%+8.8%
2019+5.7%+2.5%+1.5%+2.1%-2.5%+4.8%+3.5%+2.0%+0.8%+0.2%+2.0%+1.1%+26.1%
2018+0.8%-1.2%-2.4%+2.8%+3.2%-1.3%+0.7%+0.9%+0.2%-1.7%+0.4%-3.8%-1.6%
2017+0.6%+5.1%-0.3%-0.5%-1.9%-1.9%-1.0%+0.7%+1.0%+2.3%-0.8%+0.9%+4.1%
2016-1.5%+4.3%-1.2%+1.9%+0.7%+3.0%+2.9%-1.1%+0.1%-0.2%+1.3%+1.0%+11.6%
2015+9.0%+1.9%+2.6%-2.9%+2.1%-3.3%-0.4%-4.4%-2.6%+7.1%+1.3%-4.3%+5.1%
2014+1.3%+3.6%-1.1%+0.1%+1.1%+3.2%+0.4%+2.9%+0.2%-0.6%+2.5%+2.4%+17.1%
2013-0.1%+1.0%+3.6%-5.4%-0.6%-8.0%+4.3%+2.5%-2.3%+1.5%-1.8%-2.0%-7.8%
2012+6.9%-0.6%-1.0%-0.0%-0.5%+0.7%+4.5%+0.9%+2.1%-2.7%-0.3%-2.8%+6.8%
2011-4.5%+4.1%-2.5%+1.4%+1.9%-2.6%+4.7%+3.7%-3.6%+4.0%+2.9%-2.2%+6.8%
2010+0.3%+3.9%+3.7%+5.4%+4.4%-0.0%-5.9%+4.3%-0.8%+1.5%+7.0%+1.9%+28.0%
2009----------1.8%+6.5%+1.7%+6.4%
> +2%
0% to +2%
-2% to 0%
< -2%
Drawdown Analysis
Maximum drawdown: +22.56% • The longest drawdown period lasted for 2 years and 1 month and was between October 2012 and November 2014. It reached a trough of -15.0%.
When could this portfolio get you to financial independence?

Test returned +11.42% a year over the 17 years above. Run those same monthly returns forward through 10,000 simulated paths, with your own savings and target retirement age, to see when they could reach your FIRE number.

Detailed Metrics

Returns
Total Return
+520.29%
Annualized Return
+11.42%
Avg Monthly Return
+0.94%
Risk
Volatility (Annual)
+11.47%
Max Drawdown
+22.56%
Positive Months
65%
Average Drawdown
-4.0%
Risk-Adjusted
Sharpe Ratio
0.82
Risk-free rate: 2.0%
Sortino Ratio
0.78
Downside risk adjusted
Return/Volatility
1.00
Calmar Ratio
0.51
Return/Max Drawdown
Ulcer Index
5.01
Drawdown depth & duration
Martin Ratio
0.02
Return/Ulcer Index
Backtest Configuration
Initial Investment
10,000
Final Value
62,029.38
Backtest Period
2009-10-19 to 2026-09-04
16.9 years
Rebalancing
none
Base Currency
EUR