Fulvio Marchese In Saecula Saeculorum To EUR Hedged Portfolio: ETF allocation and returns

Data Source: from January 1950 to June 2024 (~75 years)
Consolidated Returns as of 30 June 2024
Currency: EUR

This asset allocation page includes ETFs that are not available in our database in EUR or are not yet mapped to the specific ones. We kept the original tickers and calculated returns using historical exchange rates or, if applicable, interest rate differentials for currency hedging.

You need to choose EUR-based ETFs that follow the same benchmarks. Actual returns should be comparable, but they may vary due to differences in sampling methods, annual fees, and the exchange rates used for month-end calculations. Similar EUR ETFs (hedged or not) may not always be available.

The Fulvio Marchese In Saecula Saeculorum To EUR Hedged Portfolio can be implemented with 5 ETFs. This portfolio has a high risk, indicating it can undergo considerable value changes. It is appropriate for investors with a high risk tolerance who are aiming for higher returns and can handle notable drawdowns.

The asset allocation is the following: 45% on the Stock Market, 45% on Fixed Income, 10% 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 45% allocation to bonds, leading to its classification as high risk.

As of June 2024, in the previous 30 Years, the Fulvio Marchese In Saecula Saeculorum To EUR Hedged Portfolio obtained a 7.36% compound annual return, with a 7.83% standard deviation. It suffered a maximum drawdown of -19.73% that required 30 months to be recovered.

Table of contents

The first official book of

Mastering ETF Investing

Build wealth
with Lazy Portfolios and Passive Investing

Set your goal
Use top metrics to evaluate
Join the passive investing strategy

Exclusive new asset allocations in EUR and USD

Buy now
English book

Buy now
Italian book

About the Author: Fulvio Marchese

I am Italian, living in Sanremo, Italy, near Monaco-Montecarlo. In 2023, I completed 50 years of work for a major Italian bank. Throughout my career, I assisted both institutional investors and individuals in building wealth through a life-strategy perspective, employing Strategic and Tactical Asset Allocation with modern 'liability-driven' Risk Management protocols, grounded in methodology and rules.

"Uncompromising quality" has been the guiding principle, where I consistently paired experience and innovation in the financial field.

Through my finance career, I've learned that long-term success is achieved by avoiding mistakes rather than attempting to predict market trends, approaching tasks with the tranquility of doing things well consistently.

Today, I offer my expertise to those in need. I am passionate about planning, organizing, and guiding important life decisions for individuals, extending beyond merely economic and financial aspects. As a 'life coach,' I help individuals grow and enhance their qualities in their professional, social, and economic lives, steering them towards the best path.

I enjoy sharing these topics on LinkedIn and Facebook and have initiated a Financial e-Learning Group on Telegram.
https://www.linkedin.com/in/fulviomarchese

'If we only walk on sunny days, we will never reach our destination.' (Paulo Coelho)

Portfolio Overview

Why Title an Asset Allocation "Saecula Saeculorum"?
Because it can be a choice based on various considerations, including aesthetics, inspiration, or symbolic meaning. "Saecula Saeculorum" is a Latin expression meaning "in the centuries of the centuries" or "forever." The use of such a significant term reflects the intention to create a long-term investment portfolio that can endure through generations.

As for the specific composition of the portfolio, each asset represents a different element and can play a specific role in risk management and achieving financial goals.

Total US Stock Market (45%): Represents a significant portion of US stocks, providing diversification within the stock market.

US Intermediate-Term Bond (20%): Intermediate-term bonds can provide stability and more predictable income flows compared to stocks. They may be considered less risky than stocks but still offer higher returns than short-term bonds.

US Investment Grade Corporate Bond (15%): Investment-grade corporate bonds are issued by companies with good financial strength, offering a balance between yield and risk.

US 1-3 Year Treasury Short-Term Bond (10%): Short-term US Treasury bonds are generally considered safer, being issued by the US government. They can be used for short-term stability and liquidity.

US Gold Trust Commodity (10%): Gold is often seen as a safe-haven asset in times of economic uncertainty. The allocation in gold can serve as diversification and protection against inflation.

The selection of these components depends on the investor's preferences, time horizon, risk tolerance, and financial goals. Titling the asset allocation with a symbolic term like 'In Saecula Saeculorum' may reflect the desire to build a robust and enduring portfolio over time.

Asset Allocation and ETFs

The Fulvio Marchese In Saecula Saeculorum To EUR Hedged Portfolio has the following asset allocation:

          45% Stocks
        
          45% Fixed Income
        
          10% Commodities

Loading data
Please wait

The Fulvio Marchese In Saecula Saeculorum To EUR Hedged Portfolio can be implemented with the following ETFs:

Weight (%)	ETF Ticker	ETF Currency	ETF Name	Investment Themes (Orig.Currency)
45.00	VTI	→EUR Hedged	Vanguard Total Stock Market	Equity, U.S., Large Cap (USD)
20.00	IEF	→EUR Hedged	iShares 7-10 Year Treasury Bond	Bond, U.S., Intermediate-Term (USD)
15.00	LQD	→EUR Hedged	iShares Investment Grade Corporate Bond	Bond, U.S., All-Term (USD)
10.00	SHY	→EUR Hedged	iShares 1-3 Year Treasury Bond	Bond, U.S., Short Term (USD)
10.00	GLD	→EUR Hedged	SPDR Gold Trust	Commodity, Gold (USD)
• The corresponding ETF in the destination currency is not present in our database. Returns are retrieved from the original ETF, applying currency exchange rates or hedging costs when applicable.

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.

Portfolio and ETF Returns as of Jun 30, 2024

The Fulvio Marchese In Saecula Saeculorum To EUR Hedged Portfolio guaranteed the following returns.

Returns are calculated in EUR, assuming:

no fees or capital gain taxes.
a rebalancing of the components at every January 1st. How do returns change with different rebalancing strategies?

the currency hedging (simulation taking into account the interest rate differentials of the countries). It is also assumed that hedged instruments have an additional expense ratio of 0.25% (yearly), compared to the US original instrument.
the actual Euro Inflation rates.

FULVIO MARCHESE IN SAECULA SAECULORUM TO EUR HEDGED PORTFOLIO

Data Source: 1 January 1950 - 30 June 2024 (~75 years)

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 (~75Y)
Fulvio Marchese In Saecula Saeculorum To EUR Hedged Portfolio			n.a.		n.a.	1.68	6.30	12.07	6.11	5.45	7.36	8.33
Euro Inflation Adjusted return						1.46	4.16	9.31	2.29	3.03	5.18	5.53
*Components*
VTI	→EUR Hedged	Vanguard Total Stock Market	n.a.	-	n.a.	2.95	12.86	21.72	12.68	10.71	9.96	11.03
IEF	→EUR Hedged	iShares 7-10 Year Treasury Bond	n.a.	-	n.a.	1.09	-2.09	-1.11	-2.56	-0.34	4.26	5.01
LQD	→EUR Hedged	iShares Investment Grade Corporate Bond	n.a.	-	n.a.	0.48	-1.98	2.19	-0.97	0.98	4.62	5.27
SHY	→EUR Hedged	iShares 1-3 Year Treasury Bond	n.a.	-	n.a.	0.42	0.47	2.98	-0.35	-0.27	2.45	4.52
GLD	→EUR Hedged	SPDR Gold Trust	n.a.	-	n.a.	-0.26	11.77	19.09	8.73	4.02	5.19	5.12
• The corresponding ETF in the destination currency is not present in our database. Returns are retrieved from the original ETF, applying currency exchange rates or hedging costs when applicable.
Returns over 1 year are annualized
(*) Eastern Time (ET - America/New York)
Euro Inflation is updated to Jun 2024. Inflation (annualized) is 1Y: 2.53% , 5Y: 3.73% , 10Y: 2.35% , 30Y: 2.07%

Need other portfolios? Select your currency here

USD

EUR

Capital Growth as of Jun 30, 2024

An investment of 1€, from July 1994 to June 2024, would be worth 8.41€, with a total return of 740.90% (7.36% annualized).

The Inflation Adjusted Capital would be 4.55€, with a net total return of 354.98% (5.18% annualized).

Loading data
Please wait

An investment of 1€, from January 1950 to June 2024, would be worth 388.09€, with a total return of 38708.66% (8.33% annualized).

The Inflation Adjusted Capital would be 55.01€, with a net total return of 5401.16% (5.53% annualized).

Loading data
Please wait

Readings that may interest you

Portfolio Metrics as of Jun 30, 2024

Metrics of Fulvio Marchese In Saecula Saeculorum To EUR Hedged 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.
a rebalancing of the components at every January 1st. How do returns change with different rebalancing strategies?
the currency hedging (simulation taking into account the interest rate differentials of the countries). It is also assumed that hedged instruments have an additional expense ratio of 0.25% (yearly), compared to the US original instrument.

the actual Euro Inflation rates.

FULVIO MARCHESE IN SAECULA SAECULORUM TO EUR HEDGED PORTFOLIO

Advanced Metrics

Data Source: 1 January 1950 - 30 June 2024 (~75 years)

Swipe left to see all data

	Metrics as of Jun 30, 2024
	1M	3M	6M	1Y	3Y	5Y	10Y	20Y	30Y	MAX (~75Y)
Investment Return (%)	1.68	1.66	6.30	12.07	1.89	6.11	5.45	6.70	7.36	8.33
Infl. Adjusted Return (%)	1.46	0.64	4.16	9.31	-3.46	2.29	3.03	4.49	5.18	5.53
Euro Inflation (%)	0.21	1.01	2.05	2.53	5.53	3.73	2.35	2.11	2.07	2.66
Returns / Inflation rates over 1 year are annualized.
DRAWDOWN Inflation Adjusted: Inflation Adjusted:			Current	1Y	3Y	5Y	10Y	20Y	30Y	MAX
Deepest Drawdown Depth (%)			0.00	-6.63	-19.73	-19.73	-19.73	-19.73	-19.73	-19.73
Start to Recovery (# months)				5	30	30	30	30	30	30
Start (yyyy mm)				2023 08	2022 01	2022 01	2022 01	2022 01	2022 01	2022 01
Start to Bottom (# months)				3	9	9	9	9	9	9
Bottom (yyyy mm)				2023 10	2022 09	2022 09	2022 09	2022 09	2022 09	2022 09
Bottom to End (# months)				2	21	21	21	21	21	21
End (yyyy mm)				2023 12	2024 06	2024 06	2024 06	2024 06	2024 06	2024 06
Longest Drawdown Depth (%)				same	same	same	same	same	-9.82	-9.82
Start to Recovery (# months)				same	same	same	same	same	33	33
Start (yyyy mm)				2023 08	2022 01	2022 01	2022 01	2022 01	2000 09	2000 09
Start to Bottom (# months)				3	9	9	9	9	23	23
Bottom (yyyy mm)				2023 10	2022 09	2022 09	2022 09	2022 09	2002 07	2002 07
Bottom to End (# months)				2	21	21	21	21	10	10
End (yyyy mm)				2023 12	2024 06	2024 06	2024 06	2024 06	2003 05	2003 05
Longest negative period (# months)				4	33	38	38	50	50	53
Period Start (yyyy mm)				2023 07	2021 08	2020 09	2020 09	2005 01	2005 01	1966 02
Period End (yyyy mm)				2023 10	2024 04	2023 10	2023 10	2009 02	2009 02	1970 06
Annualized Return (%)				-14.20	-0.22	-0.56	-0.56	-0.30	-0.30	-0.05
Deepest Drawdown Depth (%)			-12.30	-7.51	-26.21	-26.21	-26.21	-26.21	-26.21	-26.21
Start to Recovery (# months)			34*	5	34*	34*	34*	34*	34*	34*
Start (yyyy mm)				2023 08	2021 09	2021 09	2021 09	2021 09	2021 09	2021 09
Start to Bottom (# months)				3	13	13	13	13	13	13
Bottom (yyyy mm)				2023 10	2022 09	2022 09	2022 09	2022 09	2022 09	2022 09
Bottom to End (# months)				2	21	21	21	21	21	21
End (yyyy mm)				2023 12	-	-	-	-	-	-
Longest Drawdown Depth (%)				same	same	same	same	same	-13.82	-24.24
Start to Recovery (# months)				same	same	same	same	same	38	48
Start (yyyy mm)				2023 08	2021 09	2021 09	2021 09	2021 09	2000 09	1973 01
Start to Bottom (# months)				3	13	13	13	13	25	21
Bottom (yyyy mm)				2023 10	2022 09	2022 09	2022 09	2022 09	2002 09	1974 09
Bottom to End (# months)				2	21	21	21	21	13	27
End (yyyy mm)				2023 12	-	-	-	-	2003 10	1976 12
Longest negative period (# months)				4	36*	52	71	71	71	126
Period Start (yyyy mm)				2023 07	2021 07	2019 07	2017 12	2017 12	2017 12	1972 01
Period End (yyyy mm)				2023 10	2024 06	2023 10	2023 10	2023 10	2023 10	1982 06
Annualized Return (%)				-16.39	-3.46	-0.81	-0.01	-0.01	-0.01	-0.12
Drawdowns / Negative periods marked with * are in progress
RISK INDICATORS				1Y	3Y	5Y	10Y	20Y	30Y	MAX
Standard Deviation (%)				10.07	11.35	10.54	8.55	8.01	7.83	7.95
Sharpe Ratio				0.67	-0.09	0.39	0.48	0.66	0.65	0.55
Sortino Ratio				0.94	-0.13	0.52	0.65	0.88	0.86	0.74
Ulcer Index				2.54	9.76	7.72	5.67	4.95	4.56	4.35
Ratio: Return / Standard Deviation				1.20	0.17	0.58	0.64	0.84	0.94	1.05
Ratio: Return / Deepest Drawdown				1.82	0.10	0.31	0.28	0.34	0.37	0.42
Positive Months (%)				66.66	55.55	61.66	61.66	64.58	66.11	64.87
Positive Months				8	20	37	74	155	238	580
Negative Months				4	16	23	46	85	122	314
LONG TERM RETURNS Inflation Adjusted: Inflation Adjusted:				1Y	3Y	5Y	10Y	20Y	30Y	MAX
Best 10 Years Return (%) - Annualized							5.45	9.41	9.41	13.05
Worst 10 Years Return (%) - Annualized							5.45	4.51	2.98	2.98
Best 10 Years Return (%) - Annualized							3.03	8.06	8.06	10.17
Worst 10 Years Return (%) - Annualized							3.03	2.22	0.86	-0.65
TIMEFRAMES Inflation Adjusted: Inflation Adjusted:	1M	3M	6M	1Y	3Y	5Y	10Y	20Y	30Y	MAX
··· As of Jun 2024 - Over the previous 30Y
Best Rolling Return (%) - Annualized				29.17	18.36	14.64	9.41	8.34	7.36
Worst Rolling Return (%) - Annualized				-17.74	-2.31	0.87	2.98	5.76	7.36
Positive Periods (%)				84.2	96.0	100.0	100.0	100.0	100.0
Best Rolling Return (%) - Annualized				28.08	16.04	12.71	8.06	6.38	5.18
Worst Rolling Return (%) - Annualized				-24.52	-4.99	-1.24	0.86	3.93	5.18
Positive Periods (%)				80.8	84.6	98.3	100.0	100.0	100.0
95% VaR - Value at Risk (%) - Cumulative	3.10	4.58	5.39	8.39	0.00	0.00	0.00	0.00
95% CVaR - Conditional Value at Risk (%)	4.03	6.20	7.69	13.08	1.97	0.00	0.00	0.00
99% VaR - Value at Risk (%) - Cumulative	4.64	7.25	9.16	16.33	3.74	0.00	0.00	0.00
99% CVaR - Conditional Value at Risk (%)	5.62	8.94	11.56	17.13	6.69	0.00	0.00	0.00
Short term VaRs: analytical \| 1+ year VaRs: historical data
Safe Withdrawal Rate (%)				84.29	28.71	19.17	10.52	6.63	7.38
Perpetual Withdrawal Rate (%)				---	---	---	0.91	3.61	5.76
% based on initial capital, inflation-adj. monthly withdrawals afterwards \| Credits: BestRetirementPortfolio.com
··· All available data (Jan 1950 - Jun 2024)
Best Rolling Return (%) - Annualized				43.57	20.24	17.21	13.05	11.18	10.21
Worst Rolling Return (%) - Annualized				-17.74	-2.31	0.83	2.98	5.73	6.68
Positive Periods (%)				84.5	97.7	100.0	100.0	100.0	100.0
Best Rolling Return (%) - Annualized				39.90	19.15	15.50	10.17	8.36	7.38
Worst Rolling Return (%) - Annualized				-24.52	-5.91	-1.73	-0.65	1.60	3.73
Positive Periods (%)				78.2	87.6	96.4	99.3	100.0	100.0
95% VaR - Value at Risk (%) - Cumulative	3.08	4.45	5.08	7.18	0.00	0.00	0.00	0.00	0.00
95% CVaR - Conditional Value at Risk (%)	4.03	6.11	7.41	11.15	0.00	0.00	0.00	0.00	0.00
99% VaR - Value at Risk (%) - Cumulative	4.65	7.16	8.91	13.97	3.08	0.00	0.00	0.00	0.00
99% CVaR - Conditional Value at Risk (%)	5.64	8.89	11.35	15.99	4.82	0.00	0.00	0.00	0.00
Short term VaRs: analytical \| 1+ year VaRs: historical data
Safe Withdrawal Rate (%)				84.29	28.71	18.68	9.89	5.74	4.78
Perpetual Withdrawal Rate (%)				---	---	---	---	1.72	3.30
% based on initial capital, inflation-adj. monthly withdrawals afterwards \| Credits: BestRetirementPortfolio.com

Terms and Definitions

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.
Safe Withdrawal Rate (SWR): it's the percentage of the initial portfolio balance that can be withdrawn at the beginning of each month with inflation adjustment, without the portfolio running out of money in any case (money amount withdrawal).
For instance: Your initial invested capital is 100.000$; withdrawal rate (annualized) is 4%. This means that, in the first month, you will withdraw 100.000 * 4% * 1/12 = 333.33$. The second month, you’ll withdraw 333.33$ plus the inflation monthly rate. You’ll continue adjusting your withdraw monthly for inflation.

Perpetual Withdrawal Rate (PWR): it's the percentage of the initial portfolio balance that can be withdrawn at the beginning of each month with inflation adjustment, preserving the original invested capital, adjusted for inflation too.

The first official book of

Mastering ETF Investing

Build wealth
with Lazy Portfolios and Passive Investing

Buy now
English book

Buy now
Italian book

Portfolio Components Correlation

Correlation measures to what degree the returns of two assets move in relation to each other. It is a statistical measure that describes the extent to which the returns of one asset are related to the returns of another asset.

COMPONENTS MONTHLY CORRELATIONS

Monthly correlations as of 30 June 2024

Swipe left to see all data

Loading data
Please wait

Terms and Definitions

Correlation values range between -1 and +1

A correlation of +1 indicates that the returns of the two assets move in perfect synchrony; when one asset's returns go up, the other asset's returns also go up by the same percentage, and vice versa. This perfect positive correlation implies that the assets perform similarly in different market conditions.
A correlation of -1 indicates a perfect inverse relationship between the returns of the two assets. When one asset's returns go up, the other asset's returns go down by the same percentage. This perfect negative correlation suggests that the assets move in opposite directions, providing a diversification benefit by reducing overall portfolio risk.

A correlation of 0 means that there is no linear relationship between the returns of the two assets. The returns of one asset do not predict the returns of the other.

Learn about historical correlations here: see how the main asset classes relate to each other.

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.

FULVIO MARCHESE IN SAECULA SAECULORUM TO EUR HEDGED PORTFOLIO

Drawdown periods

Drawdown periods - Inflation Adjusted

Data Source: 1 July 1994 - 30 June 2024 (30 Years)

Data Source: 1 January 1950 - 30 June 2024 (~75 years)

Inflation Adjusted:

Chart Table Range

Loading data
Please wait

Swipe left to see all data

Loading data
Please wait

Swipe left to see all data

Loading data
Please wait

Swipe left to see all data

Loading data
Please wait

Swipe left to see all data

Loading data
Please wait

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.

FULVIO MARCHESE IN SAECULA SAECULORUM TO EUR HEDGED PORTFOLIO

Annualized Rolling Returns

Annualized Rolling Returns - Inflation Adjusted

Data Source: 1 July 1994 - 30 June 2024 (30 Years)

Data Source: 1 January 1950 - 30 June 2024 (~75 years)

Inflation Adjusted:

Return Chart Capital Chart Table

Loading data
Please wait

If you need a deeper detail about rolling returns, please refer to the Fulvio Marchese In Saecula Saeculorum To EUR Hedged Portfolio: Rolling Returns page.

Seasonality

In which months is it better to invest in Fulvio Marchese In Saecula Saeculorum To EUR Hedged 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 1950 to June 2024.

Swipe left to see all data

Loading data
Please wait

Swipe left to see all data

Loading data
Please wait

Swipe left to see all data

Loading data
Please wait

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 Fulvio Marchese In Saecula Saeculorum To EUR Hedged Portfolio over time. It illustrates the distribution of monthly returns, showcasing the range and frequency of positive and negative returns.

FULVIO MARCHESE IN SAECULA SAECULORUM TO EUR HEDGED PORTFOLIO

Monthly Returns Distribution

Data Source: 1 July 1994 - 30 June 2024 (30 Years)

Data Source: 1 January 1950 - 30 June 2024 (~75 years)

238 Positive Months (66%) - 122 Negative Months (34%)

580 Positive Months (65%) - 314 Negative Months (35%)

Loading data
Please wait

Swipe left to see all data

(Scroll down to see all data)

Loading data
Please wait

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.

Hedged returns are calculated taking into account the interest rate differentials of the countries. It is assumed that hedged instruments have an additional expense ratio of 0.25% (yearly).

In particular, the series derived from equivalent datasets are:

Vanguard Total Stock Market (VTI) to EUR Hedged, up to December 2001
iShares 7-10 Year Treasury Bond (IEF) to EUR Hedged, up to December 2002
iShares Investment Grade Corporate Bond (LQD) to EUR Hedged, up to December 2002

iShares 1-3 Year Treasury Bond (SHY) to EUR Hedged, up to December 2002
SPDR Gold Trust (GLD) to EUR Hedged, 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.

Swipe left to see all data

Loading data
Please wait

In the following table, you can compare the current portfolio with a list of famous portfolios. Metrics are calculated over the last 30 Years.

Swipe left to see all data

Loading data
Please wait

The following portfolios share asset allocation strategy and/or similar asset weights.

Swipe left to see all data

Loading data
Please wait

The first official book of

Mastering ETF Investing

Build wealth
with Lazy Portfolios and Passive Investing

Buy now
English book

Buy now
Italian book