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WisdomTree CIO Market Outlook

UCITS‑eligible EUR‑denominated portfolio inspired directly by the 2026 WisdomTree CIO Market Outlook. https://www.wisdomtree.com/-/media/us-media-files/documents/resource-library/presentations/cio_market_outlook.pdf

Optimize FIRE Projection
Annual Rebalancing
EUR
Low Risk
11.7yr backtest

Performance Summary

Total Return+149.26%
Annualized Return+8.13%
Volatility+9.93%
Sharpe Ratio0.62
Max Drawdown+21.88%

Holdings

Asset Allocation

Asset Class

Equity 60.0%Bonds 25.0%Precious Metals 10.0%Money Market 5.0%
Holdings Details
A diversified EUR ETF portfolio blending global stocks, bonds, gold, and more, based on WisdomTree's 2026 CIO Market Outlook.
AssetTypeAllocationTER
EUNL.XETRA
iShares Core MSCI World UCITS ETF USD (Acc)IE00B4L5Y983
ETF
45.0%0.2%
DBXN.XETRA
Xtrackers II Eurozone Government Bond UCITS ETF 1CLU0290355717
ETF
20.0%0.07%
IS3N.XETRA
iShares Core MSCI Emerging Markets IMI UCITSIE00BKM4GZ66
ETF
10.0%0.18%
8PSG.F
Invesco Physical Gold ETCIE00B579F325
ETF
10.0%0.12%
ZPRS.XETRA
State Street SPDR MSCI World Small Cap UCITS ETF USD Unhedged (Acc)IE00BCBJG560
ETF
5.0%0.45%
IBCI.XETRA
iShares Euro Inflation Linked Government Bond UCITS ETFIE00B0M62X26
ETF
5.0%0.09%
XEON.XETRA
Xtrackers II EUR Overnight Rate Swap UCITS ETF 1CLU0290358497
ETF
5.0%0.1%
Total100.0%0.17%

Performance

Portfolio Value Over Time
Starting with 10,000 investment → now worth €24,925.73
Histogram of Monthly Returns
The portfolio had a positive return during 94 of the 141 months (67%)
Monthly Returns Heatmap
Best month: +6.4% • Worst month: -7.8% • Best year: 2019 (+21.3%) • Worst year: 2022 (-11.6%)
YearJanFebMarAprMayJunJulAugSepOctNovDecTotal
2026+2.3%+2.5%-5.1%+5.4%+3.7%+0.2%-1.7%+2.2%-0.3%---+9.2%
2025+3.3%-1.3%-3.8%-1.7%+3.3%+0.4%+3.0%+0.0%+3.3%+3.4%+0.2%+0.4%+10.7%
2024+1.4%+1.9%+3.3%-0.6%+0.5%+2.9%+1.1%-0.1%+1.9%+1.0%+4.3%-1.1%+17.7%
2023+4.0%-0.9%+1.1%-0.3%+1.6%+1.7%+1.8%-0.7%-1.8%-1.5%+4.2%+3.3%+13.0%
2022-2.9%-0.8%+1.8%-1.6%-2.9%-4.2%+6.4%-2.1%-4.8%+1.8%+1.9%-4.2%-11.6%
2021+0.7%+0.8%+3.6%+0.9%+0.4%+2.5%+1.1%+1.8%-1.6%+2.9%+0.7%+2.1%+16.8%
2020+0.5%-4.7%-7.8%+6.3%+1.3%+2.0%+1.1%+2.6%-0.5%-0.8%+4.6%+1.9%+5.8%
2019+5.5%+2.0%+1.8%+2.2%-3.0%+3.6%+2.6%+0.1%+1.6%-0.0%+2.0%+1.4%+21.3%
2018+0.6%-1.1%-1.6%+2.1%+1.9%-0.6%+0.9%+0.6%+0.0%-2.9%+0.7%-4.1%-3.6%
2017-0.5%+3.7%+0.1%-0.3%-0.8%-1.0%-0.2%+0.3%+1.3%+2.3%-0.1%+0.9%+5.8%
2016-3.2%+1.6%+1.0%+0.1%+1.8%+1.3%+2.8%+0.1%+0.2%-0.2%+1.8%+1.6%+9.2%
2015+5.3%+3.7%+2.2%-1.3%+0.7%-3.3%+0.9%-5.5%-1.8%+6.2%+2.1%-3.4%+5.1%
> +2%
0% to +2%
-2% to 0%
< -2%
Drawdown Analysis
Maximum drawdown: +21.88% • The longest drawdown period lasted for 2 years and 2 months and was between November 2021 and January 2024. It reached a trough of -12.5%.
When could this portfolio get you to financial independence?

WisdomTree CIO Market Outlook returned +8.13% 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
+149.26%
Annualized Return
+8.13%
Avg Monthly Return
+0.68%
Risk
Volatility (Annual)
+9.93%
Max Drawdown
+21.88%
Positive Months
67%
Average Drawdown
-3.9%
Risk-Adjusted
Sharpe Ratio
0.62
Risk-free rate: 2.0%
Sortino Ratio
0.57
Downside risk adjusted
Return/Volatility
0.82
Calmar Ratio
0.37
Return/Max Drawdown
Ulcer Index
5.12
Drawdown depth & duration
Martin Ratio
0.01
Return/Ulcer Index
Backtest Configuration
Initial Investment
10,000
Final Value
24,925.73
Backtest Period
2015-01-02 to 2026-09-11
11.7 years
Rebalancing
annual
Base Currency
EUR