Data Source: from January 1871 to June 2024 (~154 years)
Consolidated Returns as of 30 June 2024
Live Update: Jul 26 2024
Currency: USD
Consolidated Returns as of 30 June 2024
Live Update: Jul 26 2024
Currency: USD
PORTFOLIO • LIVE PERFORMANCE (USD currency)
1.05%
1 Day
Jul 26 2024
2.61%
Current Month
July 2024
The Gold Portfolio can be implemented with 1 ETF. This portfolio has a very high risk, meaning it can experience significant fluctuations in value. It is suitable for investors with a high risk tolerance who are seeking substantial returns and can withstand large drawdowns.
The asset allocation is the following: 0% on the Stock Market, 0% on Fixed Income, 100% on Commodities. In general, bonds are useful for mitigating overall portfolio risk, especially if they are issued by national entities or highly reliable companies. This portfolio has a 0% allocation to bonds, leading to its classification as very high risk.
As of June 2024, in the previous 30 Years, the Gold Portfolio obtained a 5.85% compound annual return, with a 15.50% standard deviation. It suffered a maximum drawdown of -42.91% that required 107 months to be recovered.
Table of contents
The first official book of 
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Exclusive new asset allocations in EUR and USD
Asset Allocation and ETFs
The Gold Portfolio has the following asset allocation:
0% Stocks
0% Fixed Income
100% Commodities
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The Gold Portfolio can be implemented with the following ETFs:
| Weight (%) |
ETF Ticker |
ETF Currency |
ETF Name | Investment Themes (Orig.Currency) |
|---|---|---|---|---|
| 100.00 |
GLD
|
USD | SPDR Gold Trust | Commodity, Gold (USD) |
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.
Analyze your Portfolio: Backtest Now!
Explore historical data since 1871 and fine-tune your investment strategy for better results.
Explore historical data since 1871 and fine-tune your investment strategy for better results.
Portfolio and ETF Returns as of Jun 30, 2024
The Gold Portfolio guaranteed the following returns.
Returns are calculated in USD, assuming:
- no fees or capital gain taxes.
GOLD PORTFOLIO
Data Source: 1 January 1871 - 30 June 2024 (~154 years)
Live Update: Jul 26 2024
Swipe left to see all data
| Chg (%) | Return (%) | Return (%) as of Jun 30, 2024 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Day | Time ET(*) | Jul 2024 | 1M | 6M | 1Y | 5Y | 10Y | 30Y |
MAX
(~154Y) |
|||
| Gold Portfolio | 1.05 | 2.61 | -0.13 | 12.47 | 20.61 | 10.05 | 5.32 | 5.85 | 3.00 | |||
| Returns over 1 year are annualized | ||||||||||||
| (*) Eastern Time (ET - America/New York) | ||||||||||||
Capital Growth as of Jun 30, 2024
An investment of 1$, from July 1994 to June 2024,
would be worth 5.51$, with a total return of 450.76% (5.85% annualized).
The Inflation Adjusted Capital would be 2.60$, with a net total return of 160.21% (3.24% annualized).
The Inflation Adjusted Capital would be 2.60$, with a net total return of 160.21% (3.24% annualized).
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An investment of 1$, from January 1871 to June 2024,
would be worth 93.60$, with a total return of 9259.53% (3.00% annualized).
The Inflation Adjusted Capital would be 3.73$, with a net total return of 273.08% (0.86% annualized).
The Inflation Adjusted Capital would be 3.73$, with a net total return of 273.08% (0.86% annualized).
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Portfolio Metrics as of Jun 30, 2024
Metrics of Gold Portfolio, updated as of 30 June 2024, provide a comprehensive overview of the portfolio's performance and risk characteristics.
These metrics include detailed data on returns, volatility, drawdowns and other key performance indicators. By examining them, you can gain insights into how the portfolio has performed over various time periods and understand its risk profile.
Metrics are calculated based on monthly returns, assuming:
- no fees or capital gain taxes.
GOLD PORTFOLIO
Advanced Metrics
Data Source: 1 January 1871 - 30 June 2024 (~154 years)
Swipe left to see all data
| Metrics as of Jun 30, 2024 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | 20Y | 30Y |
MAX
(~154Y) |
|
| Investment Return (%) | -0.13 | 4.52 | 12.47 | 20.61 | 9.09 | 10.05 | 5.32 | 8.80 | 5.85 | 3.00 |
| US Inflation (%) | -0.06 | 0.26 | 1.40 | 2.98 | 4.97 | 4.17 | 2.81 | 2.56 | 2.53 | 2.12 |
| Returns / Inflation rates over 1 year are annualized. | ||||||||||
|
DRAWDOWN
|
Current | 1Y | 3Y | 5Y | 10Y | 20Y | 30Y | MAX | ||
| Deepest Drawdown Depth (%) | -0.13 | -5.98 | -15.91 | -18.08 | -20.76 | -42.91 | -42.91 | -61.78 | ||
| Start to Recovery (# months) | 1* | 3 | 12 | 40 | 25 | 107 | 107 | 319 | ||
| Start (yyyy mm) | 2023 08 | 2022 04 | 2020 08 | 2014 07 | 2011 09 | 2011 09 | 1980 10 | |||
| Start to Bottom (# months) | 2 | 7 | 27 | 18 | 52 | 52 | 227 | |||
| Bottom (yyyy mm) | 2023 09 | 2022 10 | 2022 10 | 2015 12 | 2015 12 | 2015 12 | 1999 08 | |||
| Bottom to End (# months) | 1 | 5 | 13 | 7 | 55 | 55 | 92 | |||
| End (yyyy mm) | 2023 10 | 2023 03 | 2023 11 | 2016 07 | 2020 07 | 2020 07 | 2007 04 | |||
| Longest Drawdown Depth (%) | -1.42 |
same |
same |
-18.08 |
same |
same |
-12.20 | |||
| Start to Recovery (# months) | 3 | 40 | 685 | |||||||
| Start (yyyy mm) | 2024 01 | 2022 04 | 2020 08 | 2020 08 | 2011 09 | 2011 09 | 1876 01 | |||
| Start to Bottom (# months) | 1 | 7 | 27 | 27 | 52 | 52 | 37 | |||
| Bottom (yyyy mm) | 2024 01 | 2022 10 | 2022 10 | 2022 10 | 2015 12 | 2015 12 | 1879 01 | |||
| Bottom to End (# months) | 2 | 5 | 13 | 13 | 55 | 55 | 648 | |||
| End (yyyy mm) | 2024 03 | 2023 03 | 2023 11 | 2023 11 | 2020 07 | 2020 07 | 1933 01 | |||
| Longest negative period (# months) | 3 | 19 | 39 | 59 | 145 | 145 | 744 | |||
| Period Start (yyyy mm) | 2023 07 | 2021 08 | 2020 08 | 2014 07 | 2011 09 | 2011 09 | 1871 01 | |||
| Period End (yyyy mm) | 2023 09 | 2023 02 | 2023 10 | 2019 05 | 2023 09 | 2023 09 | 1932 12 | |||
| Annualized Return (%) | -14.45 | -0.01 | -0.22 | -0.76 | -0.30 | -0.30 | -0.16 | |||
| Drawdowns / Negative periods marked with * are in progress | ||||||||||
| Deepest Drawdown Depth (%) | -18.41 | -6.79 | -18.82 | -28.93 | -28.93 | -45.71 | -45.71 | -82.52 | ||
| Start to Recovery (# months) | 533* | 3 | 24 | 47* | 47* | 154* | 154* | 533* | ||
| Start (yyyy mm) | 2023 08 | 2022 04 | 2020 08 | 2020 08 | 2011 09 | 2011 09 | 1980 02 | |||
| Start to Bottom (# months) | 2 | 7 | 27 | 27 | 52 | 52 | 254 | |||
| Bottom (yyyy mm) | 2023 09 | 2022 10 | 2022 10 | 2022 10 | 2015 12 | 2015 12 | 2001 03 | |||
| Bottom to End (# months) | 1 | 17 | 20 | 20 | 102 | 102 | 279 | |||
| End (yyyy mm) | 2023 10 | 2024 03 | - | - | - | - | - | |||
| Longest Drawdown Depth (%) | -1.72 |
same |
same |
-20.94 |
same |
same |
-72.42 | |||
| Start to Recovery (# months) | 3 | 62 | 929 | |||||||
| Start (yyyy mm) | 2024 01 | 2022 04 | 2020 08 | 2014 07 | 2011 09 | 2011 09 | 1896 10 | |||
| Start to Bottom (# months) | 1 | 7 | 27 | 18 | 52 | 52 | 886 | |||
| Bottom (yyyy mm) | 2024 01 | 2022 10 | 2022 10 | 2015 12 | 2015 12 | 2015 12 | 1970 07 | |||
| Bottom to End (# months) | 2 | 17 | 20 | 44 | 102 | 102 | 43 | |||
| End (yyyy mm) | 2024 03 | 2024 03 | - | 2019 08 | - | - | 1974 02 | |||
| Longest negative period (# months) | 3 | 32 | 49 | 100 | 159 | 159 | 1587 | |||
| Period Start (yyyy mm) | 2023 07 | 2021 07 | 2019 09 | 2014 07 | 2010 07 | 2010 07 | 1871 01 | |||
| Period End (yyyy mm) | 2023 09 | 2024 02 | 2023 09 | 2022 10 | 2023 09 | 2023 09 | 2003 03 | |||
| Annualized Return (%) | -18.05 | -0.20 | -0.15 | -0.68 | -0.03 | -0.03 | 0.00 | |||
| Drawdowns / Negative periods marked with * are in progress | ||||||||||
|
RISK INDICATORS
|
1Y | 3Y | 5Y | 10Y | 20Y | 30Y | MAX | |||
| Standard Deviation (%) | 12.20 | 12.75 | 14.43 | 14.05 | 16.67 | 15.50 | 12.66 | |||
| Sharpe Ratio | 1.25 | 0.48 | 0.56 | 0.28 | 0.44 | 0.23 | -0.08 | |||
| Sortino Ratio | 1.92 | 0.76 | 0.85 | 0.43 | 0.64 | 0.34 | -0.14 | |||
| Ulcer Index | 1.76 | 5.23 | 6.97 | 8.33 | 19.54 | 20.47 | 22.30 | |||
| Ratio: Return / Standard Deviation | 1.69 | 0.71 | 0.70 | 0.38 | 0.53 | 0.38 | 0.24 | |||
| Ratio: Return / Deepest Drawdown | 3.45 | 0.57 | 0.56 | 0.26 | 0.21 | 0.14 | 0.05 | |||
| Positive Months (%) | 66.66 | 50.00 | 50.00 | 47.50 | 52.08 | 50.55 | 81.37 | |||
| Positive Months | 8 | 18 | 30 | 57 | 125 | 182 | 1499 | |||
| Negative Months | 4 | 18 | 30 | 63 | 115 | 178 | 343 | |||
|
LONG TERM RETURNS
|
1Y | 3Y | 5Y | 10Y | 20Y | 30Y | MAX | |||
| Best 10 Years Return (%) - Annualized | 5.32 | 12.40 | 20.54 | 34.02 | ||||||
| Worst 10 Years Return (%) - Annualized | -1.05 | -1.05 | -5.99 | |||||||
| Best 10 Years Return (%) - Annualized | 2.44 | 9.86 | 17.65 | 24.69 | ||||||
| Worst 10 Years Return (%) - Annualized | -3.48 | -3.48 | -10.17 | |||||||
|
TIMEFRAMES
|
1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | 20Y | 30Y | MAX |
| ··· As of Jun 2024 - Over the previous 30Y | ||||||||||
| Best Rolling Return (%) - Annualized | 54.21 | 32.87 | 23.37 | 20.54 | 9.95 | 5.85 | ||||
| Worst Rolling Return (%) - Annualized | -28.33 | -15.02 | -8.25 | -1.05 | 4.91 | |||||
| Positive Periods (%) | 61.8 | 68.0 | 70.7 | 96.6 | 100.0 | 100.0 | ||||
| Best Rolling Return (%) - Annualized | 48.31 | 30.94 | 21.04 | 17.65 | 7.75 | 3.24 | ||||
| Worst Rolling Return (%) - Annualized | -29.40 | -15.83 | -10.50 | -3.48 | 2.65 | |||||
| Positive Periods (%) | 55.3 | 58.7 | 67.1 | 81.3 | 100.0 | 100.0 | ||||
| 95% VaR - Value at Risk (%) - Cumulative | 6.78 | 11.02 | 14.58 | 15.30 | 37.37 | 38.52 | 0.00 | 0.00 | ||
| 95% CVaR - Conditional Value at Risk (%) | 8.64 | 14.24 | 19.13 | 20.90 | 43.67 | 44.11 | 2.25 | 0.00 | ||
| 99% VaR - Value at Risk (%) - Cumulative | 9.83 | 16.30 | 22.05 | 25.50 | 49.90 | 47.36 | 9.73 | 0.00 | ||
| 99% CVaR - Conditional Value at Risk (%) | 11.77 | 19.66 | 26.80 | 27.82 | 51.43 | 48.44 | 11.01 | 0.00 | ||
| Short term VaRs: analytical | 1+ year VaRs: historical data | ||||||||||
| Safe Withdrawal Rate (%) | 82.56 | 24.17 | 13.87 | 6.91 | 4.90 | 3.96 | ||||
| Perpetual Withdrawal Rate (%) | --- | --- | --- | --- | 2.11 | 2.44 | ||||
| % based on initial capital, inflation-adj. monthly withdrawals afterwards | Credits: BestRetirementPortfolio.com | ||||||||||
| ··· All available data (Jan 1871 - Jun 2024) | ||||||||||
| Best Rolling Return (%) - Annualized | 179.42 | 70.26 | 39.62 | 34.02 | 15.64 | 9.81 | ||||
| Worst Rolling Return (%) - Annualized | -37.71 | -15.32 | -14.69 | -5.99 | -4.36 | -0.43 | ||||
| Positive Periods (%) | 72.8 | 76.2 | 76.3 | 78.0 | 84.3 | 93.4 | ||||
| Best Rolling Return (%) - Annualized | 145.39 | 55.18 | 30.97 | 24.69 | 10.01 | 5.44 | ||||
| Worst Rolling Return (%) - Annualized | -42.05 | -20.23 | -19.61 | -10.17 | -7.77 | -3.39 | ||||
| Positive Periods (%) | 46.0 | 41.6 | 41.5 | 45.7 | 54.0 | 66.8 | ||||
| 95% VaR - Value at Risk (%) - Cumulative | 5.70 | 9.49 | 12.87 | 12.17 | 21.60 | 26.27 | 21.52 | 13.26 | 2.81 | |
| 95% CVaR - Conditional Value at Risk (%) | 7.22 | 12.11 | 16.59 | 20.30 | 31.68 | 40.70 | 38.31 | 38.01 | 10.78 | |
| 99% VaR - Value at Risk (%) - Cumulative | 8.19 | 13.80 | 18.97 | 25.85 | 41.84 | 45.69 | 48.14 | 76.22 | 12.15 | |
| 99% CVaR - Conditional Value at Risk (%) | 9.78 | 16.55 | 22.86 | 31.53 | 46.83 | 67.20 | 56.91 | 106.22 | 13.59 | |
| Short term VaRs: analytical | 1+ year VaRs: historical data | ||||||||||
| Safe Withdrawal Rate (%) | 72.10 | 19.10 | 10.00 | 4.59 | 1.73 | 1.06 | ||||
| Perpetual Withdrawal Rate (%) | --- | --- | --- | --- | --- | --- | ||||
| % based on initial capital, inflation-adj. monthly withdrawals afterwards | Credits: BestRetirementPortfolio.com | ||||||||||
- Annualized Portfolio Return: it's the annualized geometric mean return of the portfolio.
- Deepest/Longest Drawdown: a drawdown refers to the decline in value from a relative peak value to a relative trough. The deepest (or maximum) drawdown is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained. The longest drawdown is the period observed from a peak to the subsequent peak with the greatest duration.
- Longest negative period: it's the maximum period for which an overall negative return has been observed.
- Standard Deviation: it's a measure of the dispersion of returns around the mean.
- Sharpe Ratio: it's a measure of risk-adjusted performance of the portfolio. It's calculated by dividing the excess return of the portfolio over the risk-free rate by the portfolio standard deviation. The risk-free rate here considered is the 1-3 Mth T-Bill return.
- Sortino Ratio: another measure of risk-adjusted performance of the portfolio. It's a modification of the Sharpe Ratio (same formula but the denominator is the portfolio downside standard deviation).
- Ulcer Index: it's a measure of downside risk that quantifies the depth and duration of drawdowns in an investment portfolio.
- Best/Worst 10Y returns: the best and the worst 10-year return over a time frame.
- Rolling Returns: N-year returns over a time frame, calculated over all the available data source (best, worst, % of positive returns). Each rolling period, longer than the longest negative period, yielded a non-negative minimum return.
- Value at Risk (VaR): it's an evaluation of a cumulative worst-case loss (in absolute value), associated with a probability (95%-99%) and a time horizon. For short term, it's calculated based on the expected return and standard deviation, assuming a normal distribution of monthly returns. For long term is retrieved by the historical rolling return data.
- Conditional Value at Risk (CVaR): it represents the average expected loss if that worst-case threshold (95%-99%) is ever crossed.
The first official book of
Build wealth
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Drawdowns
A drawdown refers to the decline in value from a relative peak value to a relative trough. A maximum drawdown is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained.
GOLD PORTFOLIO
Drawdown periods
Drawdown periods - Inflation Adjusted
Data Source: 1 July 1994 - 30 June 2024 (30 Years)
Data Source: 1 January 1871 - 30 June 2024 (~154 years)
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Rolling Returns
( more details)
A rolling return is a measure of investment performance that calculates the return of an investment over a set period of time, with the starting date rolling forward. This approach can provide a more accurate representation of the investment's historical performance and helps investors to evaluate the investment's consistency over time.
GOLD PORTFOLIO
Annualized Rolling Returns
Annualized Rolling Returns - Inflation Adjusted
Data Source: 1 July 1994 - 30 June 2024 (30 Years)
Data Source: 1 January 1871 - 30 June 2024 (~154 years)
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If you need a deeper detail about rolling returns, please refer to the Gold Portfolio: Rolling Returns page.
Seasonality
In which months is it better to invest in Gold Portfolio?
Both the Average Return and the Gain Frequency (Win %) are useful to get an idea of what happened in the past. They are retrieved considering the data source from January 1871 to June 2024.
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For further information about the seasonality, check the Asset Class Seasonality page.
Monthly Returns
This section provides a visual/tabular representation of the performance variability in the Gold Portfolio over time. It illustrates the distribution of monthly returns, showcasing the range and frequency of positive and negative returns.
GOLD PORTFOLIO
Monthly Returns Distribution
Data Source: 1 July 1994 - 30 June 2024 (30 Years)
Data Source: 1 January 1871 - 30 June 2024 (~154 years)
182 Positive Months (51%) - 178 Negative Months (49%)
1499 Positive Months (81%) - 343 Negative Months (19%)
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Investment Returns, up to December 2004, have been derived using the historical series of equivalent ETFs / Assets, instead of the actual ETFs of the portfolio.
You can find additional information on extended Data Sources here.
In particular, the series derived from equivalent datasets are:
You can find additional information on extended Data Sources here.
In particular, the series derived from equivalent datasets are:
- SPDR Gold Trust (GLD), up to December 2004
Portfolio efficiency
The following portfolios granted a higher return over 30 Years and a less severe drawdown at the same time.
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In the following table, you can compare the current portfolio with a list of famous portfolios. Metrics are calculated over the last 30 Years.
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The first official book of
Build wealth
with Lazy Portfolios and Passive Investing
with Lazy Portfolios and Passive Investing
