Data Source: from January 1972 to December 2021

Last Update: 31 December 2021

The Gold Portfolio is exposed for 0% on the Stock Market and for 100% on Commodities.

It's a Very High Risk portfolio and it can be replicated with 1 ETF.

In the last 10 years, the portfolio obtained a 1.18% compound annual return, with a 15.09% standard deviation.

In the last 25 years, a 6.30% compound annual return, with a 16.30% standard deviation.

Asset Allocation and ETFs

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 Ticker ETF Name Investment Themes
100.00 % GLD SPDR Gold Trust Commodity, Gold
Most of Lazy Portfolios are made of common components (asset classes), very simple and well defined. For a more complete view, find out the most common ETFs you can use to build your portfolio.

Portfolio and ETF Returns

The Gold Portfolio guaranteed the following returns.

GOLD PORTFOLIO RETURNS (%)
Last Update: 31 December 2021
Swipe left to see all data
1M 3M 6M 1Y 3Y(*) 5Y(*) 10Y(*) 20Y(*) 25Y(*)
Gold Portfolio +3.30 +4.10 +3.22 -4.15 +12.13 +9.30 +1.18 +9.51 +6.30
--- Inflation Adjusted return +2.82 +1.85 -0.18 -10.52 +8.31 +6.20 -0.92 +7.03 +3.92
Components
GLD
SPDR Gold Trust
+3.30 +4.10 +3.22 -4.15 +12.13 +9.30 +1.18 +9.51 +6.30
(*) annualized
Portfolio returns are calculated assuming:
  • the reinvestment of dividends

Inflation is updated to Dec 2021. Current inflation (annualized) is 1Y: 7.12% , 3Y: 3.53% , 5Y: 2.92% , 10Y: 2.12% , 20Y: 2.31% , 25Y: 2.29%

Historical Returns

Historical returns and stats of Gold Portfolio. Total Returns and Inflation Adjusted Returns are both mentioned.

GOLD PORTFOLIO
Last Update: 31 December 2021
Swipe left to see all data
Period Return
Dec 2021
update
Return
Inflation
Adjusted
Standard
Deviation(*)
Max
Drawdown
Months
Pos - Neg
1M
Dec 2021
+3.30%
+2.82%
0.00%
1 - 0
3M
+4.10%
+1.85%
-0.69%
Nov 2021 - Nov 2021
2 - 1
6M
+3.22%
-0.18%
-3.30%
Aug 2021 - Sep 2021
3 - 3
YTD
-4.15%
-10.52%
14.25%
-10.32%
Jan 2021 - Mar 2021
5 - 7
42% pos
1Y
-4.15%
-10.52%
14.25%
-10.32%
Jan 2021 - Mar 2021
5 - 7
42% pos
3Y
+12.13%
annualized
+8.31%
annualized
14.70%
-13.74%
Aug 2020 - Mar 2021
18 - 18
50% pos
5Y
+9.30%
annualized
+6.20%
annualized
12.68%
-13.74%
Aug 2020 - Mar 2021
30 - 30
50% pos
10Y
+1.18%
annualized
-0.92%
annualized
15.09%
-40.97%
Oct 2012 - Dec 2015
54 - 66
45% pos
20Y
+9.51%
annualized
+7.03%
annualized
16.77%
-42.91%
Sep 2011 - Dec 2015
130 - 110
54% pos
25Y
+6.30%
annualized
+3.92%
annualized
16.30%
-42.91%
Sep 2011 - Dec 2015
155 - 145
52% pos
MAX
01 Jan 1972
+7.60%
annualized
+3.55%
annualized
19.91%
-61.78%
Oct 1980 - Aug 1999
311 - 289
52% pos
(*)Annualized St.Dev. of monthly returns

Portfolio efficiency

Is the Gold Portfolio actually efficient, compared to other Lazy Portfolios?

Best Classic Portfolios, with Very High Risk, ordered by 25 Years annualized return.

25 Years Stats
% Allocation
Portfolio Return Drawdown Stocks Bonds Comm.
Technology
+13.30% -81.08% 100 0 0 Compare
US Stocks
+9.88% -50.84% 100 0 0 Compare
Warren Buffett Portfolio
Warren Buffett
+9.38% -45.53% 90 10 0 Compare
Aggressive Global Income
+9.25% -52.62% 80 20 0 Compare
Stocks/Bonds 80/20
+9.17% -41.09% 80 20 0 Compare

See all portfolios

Our overall ratings, assigned to the Gold Portfolio. The portfolio is classified as Very High Risk.

Very High Risk
Bond weight:
Less than 25%
High Risk
Bond weight:
25% - 49.99%
Medium Risk
Bond weight:
50% - 74.99%
Low Risk
Bond weight:
At least 75%
Very High Risk
Portfolios
All
Portfolios
25 Years Ann. Return
(Inflation Adjusted)
+6.30%
(+3.92%)
Poor : 1 / 5
Average : 2.5 / 5
Standard Deviation
over 25 Years
16.30%
Average : 2.8 / 5
Bad : 1.9 / 5
Maximum Drawdown
over 25 Years
-42.91%
Excellent : 5 / 5
Average : 2.2 / 5
Easy to manage 1 ETF
Excellent : 5 / 5
Excellent : 5 / 5
Rating assigned considering all the Very High Risk Portfolios Rating assigned considering all the Portfolios in the database

Capital Growth

Time Range:

An investment of 1000$, since January 1997, now would be worth 4604.56$, with a total return of 360.46% (6.30% annualized).

The Inflation Adjusted Capital now would be 2614.58$, with a net total return of 161.46% (3.92% annualized).

Drawdowns

Time Range:

Worst drawdowns since January 1997 - Chart and Data

Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months
-42.91% Sep 2011 Dec 2015 52 Jul 2020 55 107
-31.00% Jan 1997 Aug 1999 32 Aug 2003 48 80
-25.83% Mar 2008 Oct 2008 8 May 2009 7 15
-13.74% Aug 2020 Mar 2021 8 in progress 9 17
-8.64% Dec 2004 May 2005 6 Sep 2005 4 10
-8.63% May 2006 Sep 2006 5 Feb 2007 5 10
-8.37% Dec 2009 Jan 2010 2 May 2010 4 6
-8.31% Apr 2004 Apr 2004 1 Oct 2004 6 7
-6.38% Jan 2011 Jan 2011 1 Mar 2011 2 3
-5.22% Jun 2009 Jun 2009 1 Sep 2009 3 4
-5.09% Jul 2010 Jul 2010 1 Aug 2010 1 2
-4.90% Jan 2004 Feb 2004 2 Mar 2004 1 3
-4.20% May 2007 Jun 2007 2 Sep 2007 3 5
-4.18% May 2011 Jun 2011 2 Jul 2011 1 3
-1.65% Nov 2007 Nov 2007 1 Dec 2007 1 2
-1.11% Mar 2007 Mar 2007 1 Apr 2007 1 2
-1.11% Feb 2006 Feb 2006 1 Mar 2006 1 2
-0.64% Oct 2005 Oct 2005 1 Nov 2005 1 2
-0.45% Oct 2003 Oct 2003 1 Nov 2003 1 2

Rolling Returns ( more details)

Gold Portfolio: annualized rolling and average returns

Swipe left to see all data
Return (*) Negative
Periods
Rolling Period Average Best Worst
1 Year
+9.87% +179.42%
Feb 1979 - Jan 1980
-37.71%
Apr 1981 - Mar 1982
41.43%
2 Years
+8.32% +92.76%
Feb 1978 - Jan 1980
-30.30%
Jul 1980 - Jun 1982
40.21%
3 Years
+7.10% +70.26%
Feb 1977 - Jan 1980
-15.32%
Nov 1980 - Oct 1983
37.35%
5 Years
+6.30% +36.39%
Oct 1975 - Sep 1980
-14.69%
Mar 1980 - Feb 1985
34.20%
7 Years
+6.01% +38.74%
Feb 1973 - Jan 1980
-6.75%
Feb 1980 - Jan 1987
36.56%
10 Years
+5.34% +24.75%
Jan 1972 - Dec 1981
-5.99%
Jul 1980 - Jun 1990
27.23%
15 Years
+4.99% +15.89%
May 1972 - Apr 1987
-3.63%
Feb 1980 - Jan 1995
25.18%
20 Years
+4.35% +11.03%
Jan 1972 - Dec 1991
-4.36%
Oct 1980 - Sep 2000
14.40%

* Annualized rolling and average returns over full calendar month periods

If you need a deeper detail about rolling returns, please refer to the Gold Portfolio: Rolling Returns page.

Seasonality

Gold Portfolio Seasonality: in which months is it better to invest?

In the table below, the average monthly return is represented.

Below each return, it's also mentioned the probability of obtaining a positive monthly result (Win %).

Both the Average Return and the Gain Frequency are useful to get an idea of what happened in the past.

Swipe left to see all data
Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Win %
1.85
54%
1.12
52%
-0.52
40%
0.67
50%
1.02
50%
0.07
50%
0.68
56%
0.91
58%
1.44
56%
0.06
48%
0.70
54%
1.27
54%
Best
Year
27.5
1980
28.8
1973
14.4
1985
12.9
1982
26.5
1973
22.0
1980
10.8
2020
20.0
1982
26.1
1979
11.7
1978
12.8
2009
23.2
1979
Worst
Year
-14.1
1981
-18.2
1983
-22.4
1980
-8.3
2004
-10.0
1982
-11.1
1981
-9.1
1976
-10.5
1973
-11.6
1975
-16.1
2008
-20.3
1978
-10.7
2011
Statistics calculated for the period Jan 1972 - Dec 2021

For further information about the seasonality, check the Asset Class Seasonality page.

Monthly/Yearly Returns

Gold Portfolio monthly and yearly returns: how is the distribution of the returns recorded so far?

MONTHLY RETURNS HISTOGRAM
311 Positive Months (52%) - 289 Negative Months (48%)
Jan 1972 - Dec 2021
Swipe left to see all data
Yearly Return(%)
Monthly Return(%)
Year Total Infl.Adj Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2021
-4.15 -10.52 -3.2 -6.3 -1.1 3.6 7.7 -7.1 2.5 -0.1 -3.2 1.5 -0.7 3.3
2020
+24.81 +23.21 4.5 -0.6 -0.2 7.3 2.6 2.7 10.8 -0.3 -4.2 -0.5 -5.4 7.0
2019
+17.86 +15.25 2.9 -0.6 -1.6 -0.7 1.8 8.0 0.0 7.9 -3.4 2.6 -3.2 3.7
2018
-1.94 -3.79 3.2 -2.1 0.6 -1.0 -1.2 -3.6 -2.2 -2.1 -0.7 2.1 0.3 4.9
2017
+12.81 +10.49 5.4 3.2 -0.4 1.7 -0.1 -2.2 2.3 4.2 -3.4 -0.7 0.4 2.1
2016
+8.03 +5.86 5.4 10.9 -0.8 5.1 -6.1 9.0 2.0 -3.3 0.7 -2.9 -8.4 -1.9
2015
-10.67 -11.24 8.7 -5.9 -2.2 -0.2 0.6 -1.5 -6.6 3.7 -1.8 2.3 -6.8 -0.5
2014
-2.19 -2.82 3.4 6.3 -3.1 0.5 -3.1 6.3 -3.6 0.4 -6.2 -3.1 -0.5 1.3
2013
-28.33 -29.40 -0.5 -5.1 0.9 -7.6 -6.2 -11.1 7.4 5.2 -4.8 -0.3 -5.5 -3.8
2012
+6.60 +4.76 11.4 -3.0 -1.3 -0.1 -6.3 2.4 0.8 4.9 4.7 -2.9 -0.5 -2.4
2011
+9.57 +6.31 -6.4 6.0 1.6 8.9 -1.8 -2.4 8.4 12.3 -11.1 5.9 1.7 -10.7
2010
+29.27 +27.44 -1.3 3.3 -0.4 5.9 3.1 2.4 -5.1 5.7 4.8 3.7 2.1 2.4
2009
+24.03 +20.63 5.5 1.4 -2.5 -3.3 10.2 -5.2 2.4 0.1 5.8 3.7 12.8 -7.2
2008
+4.92 +4.95 10.8 5.2 -6.0 -4.2 0.9 4.5 -1.4 -9.3 4.1 -16.1 12.6 7.7
2007
+30.45 +25.31 2.6 2.5 -1.1 2.1 -2.3 -1.9 2.4 1.1 10.5 7.0 -1.7 6.6
2006
+22.55 +19.53 9.9 -1.1 3.6 12.0 -1.3 -4.7 3.2 -1.4 -4.5 1.3 6.9 -1.8
2005
+17.76 +13.96 -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 +1.26 -4.0 -1.0 7.0 -8.3 1.2 0.6 -1.1 4.0 2.1 2.4 6.5 -3.9
2003
+19.89 +17.50 5.8 -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 +22.53 2.1 5.2 1.5 2.3 6.0 -2.5 -4.3 2.7 3.5 -2.1 0.7 8.8
2001
+0.75 -0.84 -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 -8.58 -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 -1.78 -0.8 0.6 -2.6 2.6 -6.3 -2.8 -2.1 -0.3 17.3 0.0 -2.6 -0.4
1998
-0.83 -2.40 5.0 -2.4 1.2 3.2 -5.5 0.9 -2.5 -5.3 7.5 -0.5 0.8 -2.3
1997
-21.41 -22.72 -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 -7.71 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 -1.51 -2.2 0.4 4.1 -0.6 -1.4 0.7 -1.0 -0.3 0.4 -0.4 1.3 -0.2
1994
-2.17 -4.65 -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 +14.46 -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 -8.45 0.3 -0.3 -3.2 -1.6 0.3 1.7 4.2 -5.0 2.6 -2.8 -1.5 -0.4
1991
-8.56 -11.20 -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 -8.81 4.1 -1.8 -9.6 -0.2 -1.3 -3.0 5.7 4.1 5.3 -7.1 1.4 0.4
1989
-2.84 -7.15 -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 -18.84 -5.4 -7.0 7.2 -1.7 1.4 -4.2 0.1 -2.1 -7.3 4.0 2.5 -2.9
1987
+24.53 +19.36 3.0 1.3 3.7 7.7 -0.5 -0.8 3.4 -2.0 1.3 2.0 5.1 -1.7
1986
+18.96 +17.56 7.3 -3.5 1.7 0.5 -0.7 1.0 3.1 7.6 10.0 -5.2 -2.9 -0.2
1985
+6.00 +2.13 -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 -22.51 -2.3 5.5 -1.5 -3.3 2.2 -2.9 -8.2 1.7 -1.3 -3.0 -1.3 -6.3
1983
-16.31 -19.36 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 +10.71 -2.6 -6.3 -11.7 12.9 -10.0 -2.4 8.0 20.0 -3.5 6.6 3.0 4.8
1981
-32.60 -38.11 -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 +2.52 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 +100.03 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 +25.71 6.5 3.7 -0.4 -5.9 7.8 -0.6 9.4 4.2 4.0 11.7 -20.3 16.9
1977
+22.64 +14.96 -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 -8.70 -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 -29.80 -5.7 3.4 -2.5 -5.8 0.0 -0.4 0.3 -4.1 -11.6 1.2 -3.3 1.5
1974
+66.15 +48.22 18.0 22.6 6.5 -2.2 -7.4 -8.0 8.1 0.0 -3.0 10.4 10.2 1.4
1973
+72.96 +58.76 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 +44.12 8.3 2.2 0.4 2.5 19.9 8.7 5.6 -2.1 -4.0 0.3 -1.2 2.0

* Note:
Portofolio Returns, up to December 2004, 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:

  • GLD - SPDR Gold Trust: simulated historical serie, up to December 2004
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