None Rebalancing
EUR
Moderate Risk
11.7yr backtest

Performance Summary

Total Return+635.78%
Annualized Return+18.53%
Volatility+17.48%
Sharpe Ratio0.95
Max Drawdown+37.54%

Holdings

Asset Allocation

Asset Class

Equity 100.0%
Holdings Details
European financial and industrial stock portfolio with concentrated holdings in Spanish banks and German industrials for focused growth.
AssetTypeAllocationTER
BBVA.MC
Banco Bilbao Vizcaya Argentaria SAES0113211835
STOCK
15.0%0%
MLP.XETRA
MLP SEDE0006569908
STOCK
15.0%0%
0O7J.LSE
Corticeira AmorimPTCOR0AE0006
STOCK
15.0%0%
CABK.MC
Caixabank SAES0140609019
STOCK
15.0%0%
PEUG.PA
Peugeot Invest SAFR0000064784
STOCK
15.0%0%
HBC1.XETRA
HSBC Holdings plcGB0005405286
STOCK
12.6%0%
0EUH.LSE
INDUS Holding AGDE0006200108
STOCK
12.4%0%
Total100.0%0.00%

Performance

Portfolio Value Over Time
Starting with 10,000 investment → now worth €73,577.91
Histogram of Monthly Returns
The portfolio had a positive return during 93 of the 142 months (65%)
Monthly Returns Heatmap
Best month: +16.3% • Worst month: -20.4% • Best year: 2025 (+53.2%) • Worst year: 2018 (-15.0%)
YearJanFebMarAprMayJunJulAugSepOctNovDecTotal
2026+6.0%-1.6%-6.3%+9.6%+5.4%+1.9%+6.9%+5.1%+1.3%---+31.1%
2025+9.6%+6.3%+1.0%-0.4%+8.4%+2.2%+4.9%-1.5%+3.5%+1.3%+2.6%+6.2%+53.2%
2024+1.1%+1.7%+10.6%+1.1%+6.1%-5.8%+1.8%-1.5%-0.7%+0.0%-0.4%+2.3%+16.8%
2023+6.4%+5.5%-3.0%+6.5%-1.5%+7.3%+2.5%-4.1%+0.2%-5.4%+6.0%+2.7%+24.1%
2022-1.4%-6.2%+1.9%-2.3%+5.5%-5.6%+1.0%-3.9%-7.2%+4.0%+3.0%+0.2%-11.6%
2021-0.6%+4.5%+3.5%+1.7%+5.1%-0.4%+0.7%+5.3%+0.3%+5.2%-8.0%+6.7%+25.7%
2020-4.9%-8.0%-20.4%+8.8%+0.2%+8.5%-2.4%+2.7%+1.8%-7.7%+16.3%+6.6%-4.0%
2019+7.6%+2.6%+0.5%+7.0%-5.0%+0.4%-3.0%-5.1%+10.1%-1.0%+6.1%+5.6%+27.2%
2018+2.4%-3.6%-3.0%+6.9%+1.5%+0.5%+3.2%-1.1%+0.3%-10.7%-4.8%-6.4%-15.0%
2017+6.8%+5.6%+7.3%+6.1%+7.0%+2.3%-0.8%-2.5%+3.7%+0.4%-3.8%-1.3%+34.3%
2016-5.2%-4.6%+4.5%+5.4%+7.4%-4.3%+4.8%+9.2%+1.7%+8.9%-4.7%+5.2%+30.2%
2015+0.7%+7.8%+8.7%+4.2%+3.0%-4.0%+3.5%-6.1%-4.7%+6.9%+6.9%-2.1%+26.0%
2014------------0.5%-0.5%
> +2%
0% to +2%
-2% to 0%
< -2%
Drawdown Analysis
Maximum drawdown: +37.54% • The longest drawdown period lasted for 1 year and 6 months and was between October 2021 and May 2023. It reached a trough of -22.9%.
When could this portfolio get you to financial independence?

test returned +18.53% a year over the 12 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
+635.78%
Annualized Return
+18.53%
Avg Monthly Return
+1.55%
Risk
Volatility (Annual)
+17.48%
Max Drawdown
+37.54%
Positive Months
65%
Average Drawdown
-7.0%
Risk-Adjusted
Sharpe Ratio
0.95
Risk-free rate: 2.0%
Sortino Ratio
0.90
Downside risk adjusted
Return/Volatility
1.06
Calmar Ratio
0.49
Return/Max Drawdown
Ulcer Index
9.03
Drawdown depth & duration
Martin Ratio
0.02
Return/Ulcer Index
Backtest Configuration
Initial Investment
10,000
Final Value
73,577.91
Backtest Period
2014-12-09 to 2026-09-04
11.7 years
Rebalancing
none
Base Currency
EUR