The Gold Portfolio is exposed for 0% on the Stock Market.

In the last 10 years, it obtained a 3.47% compound annual return, with a 16.77% standard deviation (*).

(*) Last Update: April 2019

The Gold Portfolio has the following asset allocation:

0% Stocks
0% Fixed Income
100% Commodities

The Gold Portfolio can be replicated with the following ETFs:

Weight ETF: Ticker - Name Asset
100.00 % IAU -
iShares Gold Trust		 Gold

Capital growth, returns, stats are calculated assuming a rebalancing of the portfolio at the beginning of each year (i.e. at each January 1st).

Last Update: April 2019.

Capital Growth and Historical Returns

An investment of 1000$, since January 1972, now would be worth 27984.39$, with a total return of 2698.44% (7.29% annualized).

Capital Growth:

Portofolio Returns, up to December 2005, are simulated. They have been calculated using the historical series of equivalent ETFs / Assets, instead of the actual ETFs of the portfolio.

In particular, it has been used:

IAU - iShares Gold Trust: simulated historical serie, up to December 2005

Swipe left to see all data
Range Returns
Apr 2019		 Standard
Deviation *		 Max
Drawdown		 Months
Pos - Neg
1M
-0.73%
-0.73%
Apr 2019 - Apr 2019
0 - 1
YTD
0.00%
-2.77%
Feb 2019 - Apr 2019
1 - 3
1Y
-2.61%
8.00%
-9.43%
May 2018 - Sep 2018
4 - 8
3Y
-0.51%
annualized
11.21%
-14.91%
Aug 2016 - Dec 2016
16 - 20
5Y
-0.34%
annualized
13.37%
-20.58%
Jul 2014 - Dec 2015
26 - 34
10Y
+3.47%
annualized
16.77%
-42.59%
Sep 2011 - Dec 2015
58 - 62
MAX
Dec 1971
+7.29%
annualized
20.12%
-61.78%
Oct 1980 - Aug 1999
293 - 275

* Annualized St.Dev. of monthly returns

Drawdowns

Drawdonws Chart:

Rolling Returns

Gold Portfolio: annualized rolling and average returns

Swipe left to see all data
Return (*)
Rolling Period Average Best Worst
1 Year
 +9.63% +179.42%
Feb 1979 - Jan 1980 		-37.71%
Apr 1981 - Mar 1982
2 Years
 +8.06% +92.76%
Feb 1978 - Jan 1980 		-30.30%
Jul 1980 - Jun 1982
3 Years
 +6.96% +70.26%
Feb 1977 - Jan 1980 		-15.32%
Nov 1980 - Oct 1983
5 Years
 +6.29% +36.39%
Oct 1975 - Sep 1980 		-14.70%
Mar 1980 - Feb 1985
7 Years
 +6.27% +38.74%
Feb 1973 - Jan 1980 		-6.75%
Feb 1980 - Jan 1987
10 Years
 +5.56% +24.75%
Jan 1972 - Dec 1981 		-6.00%
Jul 1980 - Jun 1990
15 Years
 +4.74% +15.89%
May 1972 - Apr 1987 		-3.63%
Feb 1980 - Jan 1995

* Annualized rolling and average returns over full calendar month periods

Yearly Returns - Monthly Returns Heatmap

Swipe left to see all data
Months
Year Return Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2019
 0.00% 2.9 -0.5 -1.6 -0.7
2018
 -1.76% 3.3 -2.0 0.6 -0.9 -1.3 -3.5 -2.3 -2.0 -0.6 2.1 0.3 5.0
2017
 +12.91% 5.3 3.2 -0.3 1.7 -0.1 -2.1 2.4 4.1 -3.2 -0.8 0.3 2.1
2016
 +8.31% 5.4 11.2 -0.9 5.1 -6.1 8.9 2.0 -3.2 0.7 -2.9 -8.4 -1.9
2015
 -10.58% 8.7 -5.8 -2.2 -0.1 0.6 -1.5 -6.7 3.8 -1.8 2.2 -6.7 -0.5
2014
 -2.05% 3.3 6.5 -3.2 0.5 -3.0 6.2 -3.6 0.3 -6.1 -3.0 -0.5 1.3
2013
 -28.26% -0.5 -5.1 1.0 -7.5 -6.2 -10.9 7.3 5.2 -4.7 -0.3 -5.6 -3.7
2012
 +6.89% 11.5 -2.9 -1.3 -0.3 -6.3 2.3 1.0 4.8 4.8 -3.0 -0.5 -2.4
2011
 +9.57% -6.4 6.0 1.7 8.9 -1.8 -2.3 8.4 12.3 -11.2 5.9 1.7 -10.7
2010
 +29.46% -1.3 3.2 -0.4 5.9 3.0 2.4 -5.0 5.7 4.8 3.8 2.1 2.5
2009
 +23.90% 5.4 1.4 -2.5 -3.4 10.2 -5.2 2.5 -0.1 5.9 3.8 12.7 -7.2
2008
 +5.11% 11.0 5.3 -5.9 -4.6 1.1 4.3 -1.2 -9.0 4.3 -16.3 12.2 7.9
2007
 +30.36% 2.5 2.5 -1.0 2.1 -2.4 -1.8 2.3 1.1 10.5 6.8 -1.4 6.4
2006
 +22.27% 9.8 -1.3 3.9 11.9 -1.5 -4.6 3.3 -1.5 -4.5 1.0 7.1 -1.8
2005
 +17.76% -3.6 3.1 -1.6 1.2 -3.9 4.3 -1.4 1.4 7.6 -0.6 5.8 5.1
2004
 +4.65% -4.0 -1.0 7.0 -8.3 1.2 0.7 -1.1 4.1 2.1 2.4 6.5 -3.9
2003
 +19.89% 5.9 -5.5 -3.6 0.6 7.3 -4.3 2.5 5.9 3.3 -0.5 3.1 4.5
2002
 +25.57% 2.1 5.2 1.5 2.3 6.0 -2.5 -4.4 2.7 3.5 -2.1 0.7 8.8
2001
 +0.75% -3.6 0.8 -3.4 2.1 1.7 1.2 -1.7 2.7 7.4 -4.9 -1.2 0.4
2000
 -5.44% -2.4 3.7 -5.8 -0.6 -1.0 5.8 -4.0 0.1 -1.2 -3.3 1.7 2.0
1999
 +0.85% -0.8 0.6 -2.7 2.6 -6.3 -2.8 -2.1 -0.3 17.4 0.0 -2.6 -0.4
1998
 -0.83% 5.1 -2.4 1.2 3.2 -5.5 0.9 -2.5 -5.4 7.5 -0.5 0.8 -2.3
1997
 -21.41% -6.4 3.8 -2.9 -2.3 1.6 -3.2 -2.5 -0.3 2.1 -6.2 -4.7 -2.2
1996
 -4.59% 4.8 -1.2 -1.1 -1.3 -0.2 -2.2 0.9 0.3 -1.9 0.1 -2.2 -0.6
1995
 +0.98% -2.2 0.4 4.1 -0.6 -1.4 0.7 -1.0 -0.3 0.4 -0.4 1.4 -0.2
1994
 -2.17% -3.5 1.0 2.0 -3.3 3.0 0.2 -1.1 0.5 2.4 -2.8 -0.2 0.0
1993
 +17.68% -0.7 -0.9 3.1 4.9 6.5 0.3 6.2 -7.5 -4.3 4.0 0.4 5.6
1992
 -5.73% 0.3 -0.3 -3.2 -1.6 0.3 1.8 4.2 -5.0 2.7 -2.8 -1.5 -0.4
1991
 -8.56% -5.2 -0.9 -1.9 0.6 0.7 2.2 -1.5 -4.3 2.2 0.7 2.5 -3.6
1990
 -3.11% 4.1 -1.8 -9.6 -0.2 -1.3 -3.0 5.7 4.2 5.3 -7.1 1.4 0.4
1989
 -2.84% -4.0 -1.8 -1.0 -1.5 -4.2 3.1 -1.3 -2.3 1.9 2.4 8.8 -2.3
1988
 -15.26% -5.4 -7.0 7.2 -1.7 1.5 -4.2 0.1 -2.1 -7.3 4.0 2.5 -2.9
1987
 +24.53% 3.0 1.3 3.7 7.7 -0.5 -0.8 3.4 -2.0 1.4 2.0 5.1 -1.7
1986
 +18.96% 7.3 -3.5 1.7 0.5 -0.7 1.0 3.1 7.6 10.0 -5.3 -2.9 -0.2
1985
 +6.00% -0.5 -6.2 14.4 -2.4 -2.3 1.2 3.1 1.8 -2.3 -0.2 0.1 0.5
1984
 -19.38% -2.3 5.5 -1.5 -3.3 2.3 -2.9 -8.2 1.7 -1.3 -3.0 -1.4 -6.3
1983
 -16.31% 9.3 -18.2 1.5 3.5 1.9 -4.9 1.4 -1.8 -2.2 -5.7 6.0 -5.6
1982
 +14.94% -2.6 -6.3 -11.8 12.9 -10.0 -2.4 8.0 20.0 -3.5 6.6 3.0 4.8
1981
 -32.60% -14.1 -3.5 5.1 -6.0 -0.7 -11.1 -4.7 4.7 0.9 -0.4 -2.9 -4.1
1980
 +15.19% 27.5 -2.5 -22.4 4.8 3.4 22.0 -6.0 2.8 5.6 -5.7 -1.5 -4.8
1979
 +126.55% 3.4 7.5 -4.5 2.2 11.9 1.1 6.8 6.3 26.1 -3.8 8.8 23.2
1978
 +37.01% 6.6 3.7 -0.4 -5.9 7.8 -0.6 9.4 4.2 4.0 11.8 -20.3 16.9
1977
 +22.64% -1.6 7.9 4.3 -1.1 -2.9 0.0 0.8 1.3 5.5 4.8 -0.9 3.1
1976
 -4.10% -8.6 3.2 -2.0 -0.9 -2.3 -1.4 -9.1 -7.6 11.5 6.2 5.8 3.3
1975
 -24.80% -5.7 3.4 -2.5 -5.8 0.0 -0.5 0.3 -4.1 -11.6 1.2 -3.3 1.5
1974
 +66.15% 18.0 22.6 6.5 -2.2 -7.4 -8.0 8.2 0.0 -3.0 10.4 10.2 1.4
1973
 +72.96% 1.7 28.8 5.9 0.8 26.5 7.4 -6.2 -10.5 -3.4 -2.0 3.1 11.1
1972
 +49.02% 8.3 2.2 0.4 2.5 19.9 8.8 5.7 -2.1 -4.0 0.3 -1.2 2.0