Gold Portfolio vs Frank Armstrong Ideal Index Portfolio Portfolio Comparison

Simulation Settings
Period: January 1970 - June 2025 (~56 years)
Consolidated Returns as of 30 June 2025
Initial Amount: 1$
Rebalancing: at every Jan 1st
Currency: USD
Inflation: US
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Results
30 Years
(1995/07 - 2025/06)
All Data
(1970/01 - 2025/06)
Inflation Adjusted:
Gold Portfolio
1.00$
Invested Capital
July 1995
7.83$
Final Capital
June 2025
7.10%
Yearly Return
15.68%
Std Deviation
-42.91%
Max Drawdown
107months
Recovery Period
1.00$
Invested Capital
July 1995
3.72$
Final Capital
June 2025
4.48%
Yearly Return
15.68%
Std Deviation
-45.71%
Max Drawdown
158months
Recovery Period
1.00$
Invested Capital
January 1970
86.24$
Final Capital
June 2025
8.36%
Yearly Return
19.25%
Std Deviation
-61.78%
Max Drawdown
319months
Recovery Period
1.00$
Invested Capital
January 1970
10.14$
Final Capital
June 2025
4.26%
Yearly Return
19.25%
Std Deviation
-82.52%
Max Drawdown
542months
Recovery Period
Frank Armstrong Ideal Index Portfolio
1.00$
Invested Capital
July 1995
7.58$
Final Capital
June 2025
6.98%
Yearly Return
10.74%
Std Deviation
-40.11%
Max Drawdown
40months
Recovery Period
1.00$
Invested Capital
July 1995
3.60$
Final Capital
June 2025
4.36%
Yearly Return
10.74%
Std Deviation
-41.10%
Max Drawdown
65months
Recovery Period
1.00$
Invested Capital
January 1970
132.57$
Final Capital
June 2025
9.20%
Yearly Return
10.82%
Std Deviation
-40.11%
Max Drawdown
40months
Recovery Period
1.00$
Invested Capital
January 1970
15.59$
Final Capital
June 2025
5.07%
Yearly Return
10.82%
Std Deviation
-41.10%
Max Drawdown
65months
Recovery Period

As of June 2025, in the previous 30 Years, the Gold Portfolio obtained a 7.10% compound annual return, with a 15.68% standard deviation. It suffered a maximum drawdown of -42.91% that required 107 months to be recovered.

As of June 2025, in the previous 30 Years, the Frank Armstrong Ideal Index Portfolio obtained a 6.98% compound annual return, with a 10.74% standard deviation. It suffered a maximum drawdown of -40.11% that required 40 months to be recovered.

Disclaimer: The simulations on this website are provided in good faith but should NOT be taken as investment advice. We are not liable for any errors or actions based on this information. The authors of the website are not affiliated with the portfolio creators, who are the sole owners of their intellectual property. The translation of asset allocations into ETFs is based on the interpretation of LazyPortfolioETF.com and may not exactly reflect the original intent of the portfolio creators. Content is for informational, educational, illustrative, and entertainment purposes only.
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Asset Allocations and ETFs

The compared portfolios have the following asset allocations.

Gold Portfolio
Weight
(%)		 Ticker Name
100.00
GLD
SPDR Gold Trust
Frank Armstrong Ideal Index Portfolio
Weight
(%)		 Ticker Name
31.00
VEU
Vanguard FTSE All-World ex-US
9.25
IJS
iShares S&P Small-Cap 600 Value
9.25
VTV
Vanguard Value
8.00
VNQ
Vanguard Real Estate
6.25
IJT
iShares S&P Small-Cap 600 Growth
6.25
VV
Vanguard Large-Cap
30.00
SHY
iShares 1-3 Year Treasury Bond
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Portfolio Returns as of Jun 30, 2025

Returns are calculated in USD, assuming:
  • no fees or capital gain taxes.
  • rebalancing: at every Jan 1st.
  • dividend reinvestment, when applicable.
Return Comparison
Capital Growth
30 Years
(1995/07 - 2025/06)
All Data
(1970/01 - 2025/06)
Inflation Adjusted:
Swipe left to see all data
Initial Amount $ Final Amount $ Total Return (%) Annualized (%)
Gold
 1 $ 7.83 $ 683.26% 7.10%
Frank Armstrong Ideal Index
Frank Armstrong 		1 $ 7.58 $ 657.59% 6.98%
Jul 1995 Jun 2025

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Initial Amount $ Final Amount $ Total Return (%) Annualized (%)
Gold
 1 $ 3.72 $ 272.25% 4.48%
Frank Armstrong Ideal Index
Frank Armstrong 		1 $ 3.60 $ 260.06% 4.36%
Jul 1995 Jun 2025

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Initial Amount $ Final Amount $ Total Return (%) Annualized (%)
Gold
 1 $ 86.24 $ 8 523.63% 8.36%
Frank Armstrong Ideal Index
Frank Armstrong 		1 $ 132.57 $ 13 157.06% 9.20%
Jan 1970 Jun 2025

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Initial Amount $ Final Amount $ Total Return (%) Annualized (%)
Gold
 1 $ 10.14 $ 913.87% 4.26%
Frank Armstrong Ideal Index
Frank Armstrong 		1 $ 15.59 $ 1 458.62% 5.07%
Jan 1970 Jun 2025

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Return (%) as of Jun 30, 2025
YTD
(6M) 		1M 6M 1Y 5Y 10Y 30Y MAX
(~56Y)
https://www.lazyportfolioetf.com/wp-content/themes/dynamico-child/img/author/avatar_gold.webp Gold
-- Market Benchmark 		25.90 0.41 25.90 41.77 12.74 10.49 7.10 8.36
https://www.lazyportfolioetf.com/wp-content/themes/dynamico-child/img/author/avatar_frank_armstrong.webp Ideal Index
Frank Armstrong 		6.78 2.74 6.78 11.19 8.51 6.19 6.98 9.20
Returns over 1 year are annualized.
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Portfolio Metrics as of Jun 30, 2025

The following metrics, updated as of 30 June 2025, provide an overview of performance and risk, with the best value in each row highlighted within the table.

METRIC COMPARISON
Period: 1 July 2024 - 30 June 2025 (1 year)
Period: 1 July 2020 - 30 June 2025 (5 years)
Period: 1 July 2015 - 30 June 2025 (10 years)
Period: 1 July 1995 - 30 June 2025 (30 years)
Period: 1 January 1970 - 30 June 2025 (~56 years)
1 Year
5 Years
10 Years
30 Years
All (1970/01 - 2025/06)
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Gold Ideal Index
Author Frank Armstrong
ASSET ALLOCATION
Stocks 0% 70%
Fixed Income 0% 30%
Commodities 100% 0%
PERFORMANCES
Annualized Return (%) 41.77 11.19
Infl. Adjusted (%) 38.41 8.55
DRAWDOWN
Deepest Drawdown Depth (%) -4.49 -3.51
Start to Recovery (months) 3 6
Longest Drawdown Depth (%) -4.49 -3.51
Start to Recovery (months) 3 6
Longest Negative Period (months) 3 8
RISK INDICATORS
Standard Deviation (%) 12.19 7.84
Sharpe Ratio 3.05 0.84
Sortino Ratio 4.27 1.06
Ulcer Index 1.52 1.61
Ratio: Return / Standard Deviation 3.43 1.43
Ratio: Return / Deepest Drawdown 9.31 3.19
Metrics calculated over the period 1 July 2024 - 30 June 2025
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Gold Ideal Index
Author Frank Armstrong
ASSET ALLOCATION
Stocks 0% 70%
Fixed Income 0% 30%
Commodities 100% 0%
PERFORMANCES
Annualized Return (%) 12.74 8.51
Infl. Adjusted (%) 7.86 3.81
DRAWDOWN
Deepest Drawdown Depth (%) -18.08 -18.25
Start to Recovery (months) 40 27
Longest Drawdown Depth (%) -18.08 -18.25
Start to Recovery (months) 40 27
Longest Negative Period (months) 39 33
RISK INDICATORS
Standard Deviation (%) 14.71 11.09
Sharpe Ratio 0.68 0.53
Sortino Ratio 1.03 0.73
Ulcer Index 6.97 6.00
Ratio: Return / Standard Deviation 0.87 0.77
Ratio: Return / Deepest Drawdown 0.70 0.47
Metrics calculated over the period 1 July 2020 - 30 June 2025
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Gold Ideal Index
Author Frank Armstrong
ASSET ALLOCATION
Stocks 0% 70%
Fixed Income 0% 30%
Commodities 100% 0%
PERFORMANCES
Annualized Return (%) 10.49 6.19
Infl. Adjusted (%) 7.23 3.06
DRAWDOWN
Deepest Drawdown Depth (%) -18.08 -18.25
Start to Recovery (months) 40 27
Longest Drawdown Depth (%) -18.08 -18.25
Start to Recovery (months) 40 27
Longest Negative Period (months) 39 35
RISK INDICATORS
Standard Deviation (%) 14.08 10.63
Sharpe Ratio 0.62 0.41
Sortino Ratio 0.92 0.55
Ulcer Index 6.57 5.28
Ratio: Return / Standard Deviation 0.75 0.58
Ratio: Return / Deepest Drawdown 0.58 0.34
Metrics calculated over the period 1 July 2015 - 30 June 2025
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Gold Ideal Index
Author Frank Armstrong
ASSET ALLOCATION
Stocks 0% 70%
Fixed Income 0% 30%
Commodities 100% 0%
PERFORMANCES
Annualized Return (%) 7.10 6.98
Infl. Adjusted (%) 4.48 4.36
DRAWDOWN
Deepest Drawdown Depth (%) -42.91 -40.11
Start to Recovery (months) 107 40
Longest Drawdown Depth (%) -42.91 -40.11
Start to Recovery (months) 107 40
Longest Negative Period (months) 145 62
RISK INDICATORS
Standard Deviation (%) 15.68 10.74
Sharpe Ratio 0.31 0.44
Sortino Ratio 0.46 0.57
Ulcer Index 20.46 7.57
Ratio: Return / Standard Deviation 0.45 0.65
Ratio: Return / Deepest Drawdown 0.17 0.17
Metrics calculated over the period 1 July 1995 - 30 June 2025
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Gold Ideal Index
Author Frank Armstrong
ASSET ALLOCATION
Stocks 0% 70%
Fixed Income 0% 30%
Commodities 100% 0%
PERFORMANCES
Annualized Return (%) 8.36 9.20
Infl. Adjusted (%) 4.26 5.07
DRAWDOWN
Deepest Drawdown Depth (%) -61.78 -40.11
Start to Recovery (months) 319 40
Longest Drawdown Depth (%) -61.78 -40.11
Start to Recovery (months) 319 40
Longest Negative Period (months) 329 62
RISK INDICATORS
Standard Deviation (%) 19.25 10.82
Sharpe Ratio 0.20 0.44
Sortino Ratio 0.32 0.59
Ulcer Index 33.57 6.64
Ratio: Return / Standard Deviation 0.43 0.85
Ratio: Return / Deepest Drawdown 0.14 0.23
Metrics calculated over the period 1 January 1970 - 30 June 2025
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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.

DRAWDOWN COMPARISON
Period: 1 July 1995 - 30 June 2025 (30 years)
Period: 1 January 1970 - 30 June 2025 (~56 years)
30 Years
(1995/07 - 2025/06)

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Gold Ideal Index
Drawdown
(%) 		Recovery
(#Months)		 From
To		 Drawdown
(%) 		Recovery
(#Months)		 From
To
-42.91 107 Sep 2011
Jul 2020
-40.11 40 Nov 2007
Feb 2011
-37.17 95 Feb 1996
Dec 2003
-25.83 15 Mar 2008
May 2009
-18.25 27 Jan 2022
Mar 2024
-18.08 40 Aug 2020
Nov 2023
-17.16 11 Jan 2020
Nov 2020
-16.33 33 Feb 2001
Oct 2003
-15.51 20 May 2011
Dec 2012
-12.21 8 May 1998
Dec 1998
-9.48 8 Sep 2018
Apr 2019
-8.72 14 Jun 2015
Jul 2016
-8.64 10 Dec 2004
Sep 2005
-8.63 10 May 2006
Feb 2007
-8.37 6 Dec 2009
May 2010

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Gold Ideal Index
Drawdown
(%) 		Recovery
(#Months)		 From
To		 Drawdown
(%) 		Recovery
(#Months)		 From
To
-61.78 319 Oct 1980
Apr 2007
-44.24 43 Jan 1975
Jul 1978
-42.91 107 Sep 2011
Jul 2020
-40.11 40 Nov 2007
Feb 2011
-27.37 30 Jan 1973
Jun 1975
-25.83 15 Mar 2008
May 2009
-24.27 5 Feb 1980
Jun 1980
-20.49 7 Jul 1973
Jan 1974
-20.28 4 Nov 1978
Feb 1979
-18.25 27 Jan 2022
Mar 2024
-18.08 40 Aug 2020
Nov 2023
-17.16 11 Jan 2020
Nov 2020
-16.62 8 Apr 1974
Nov 1974
-16.33 33 Feb 2001
Oct 2003
-15.93 12 Jan 1970
Dec 1970

Rolling Returns

By selecting the 'Rolling Period', the chart and data will update. To study a different date range, change the Simulation Settings.

You can explore the Rolling Returns for a single portfolio, or check the return differential, by switching on "Head To Head" toggle.

Rolling Returns Comparison
Annualized Rolling Returns Chart
Rolling Returns Chart - Inflation Adjusted
Time Period: 1 January 1970 - 30 June 2025 (~56 years)


Head To Head (Ptf 1 vs Ptf 2):
US Inflation Adjusted:

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Yearly Returns

For each year, the following table provides the return and intra-year drawdown. The highlighted returns represent the highest values for that specific year.

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Gold Ideal Index
Year Return
(%)		 Drawdown
(%)		 Return
(%)		 Drawdown
(%)
2025
 25.90 -0.06 6.78 -1.52
2024
 26.66 -4.49 7.60 -3.51
2023
 12.69 -7.22 12.04 -8.07
2022
 -0.77 -15.91 -11.91 -18.25
2021
 -4.15 -10.32 13.98 -2.66
2020
 24.81 -10.12 6.95 -17.16
2019
 17.86 -4.10 17.96 -4.04
2018
 -1.94 -11.66 -6.68 -9.48
2017
 12.81 -4.09 13.88 -0.15
2016
 8.03 -15.02 9.05 -4.06
2015
 -10.67 -17.81 -1.66 -7.44
2014
 -2.19 -12.44 4.16 -3.12
2013
 -28.33 -28.33 16.03 -2.21
2012
 6.60 -10.45 12.36 -6.57
2011
 9.57 -14.48 -2.98 -15.51
2010
 29.27 -5.09 13.00 -8.67
2009
 24.03 -7.20 21.58 -16.28
2008
 4.92 -25.83 -24.86 -27.96
2007
 30.45 -4.20 5.91 -4.80
2006
 22.55 -8.63 17.74 -2.78
2005
 17.76 -4.91 8.40 -2.89
2004
 4.65 -8.31 14.62 -3.40
2003
 19.89 -8.88 26.78 -3.93
2002
 25.57 -6.72 -7.53 -13.72
2001
 0.75 -6.10 -3.80 -11.76
2000
 -5.44 -9.93 2.04 -5.59
1999
 0.85 -11.47 13.53 -2.81
1998
 -0.83 -12.01 8.85 -12.21
1997
 -21.41 -21.41 12.22 -4.02
1996
 -4.59 -8.95 11.54 -3.03
1995
 0.98 -2.46 16.29 -1.64
1994
 -2.17 -3.91 1.99 -4.20
1993
 17.68 -11.51 17.70 -4.41
1992
 -5.73 -6.97 3.75 -3.20
1991
 -8.56 -10.05 20.38 -3.65
1990
 -3.11 -15.14 -9.45 -14.74
1989
 -2.84 -12.30 15.59 -2.18
1988
 -15.26 -18.05 17.45 -2.71
1987
 24.53 -1.97 10.19 -14.90
1986
 18.96 -8.14 28.89 -3.91
1985
 6.00 -6.67 31.78 -1.78
1984
 -19.38 -21.80 7.88 -4.89
1983
 -16.31 -23.52 21.11 -2.00
1982
 14.94 -20.13 16.37 -6.90
1981
 -32.60 -32.60 4.16 -7.60
1980
 15.19 -24.27 22.04 -9.55
1979
 126.55 -4.46 17.78 -7.14
1978
 37.01 -20.28 15.30 -7.53
1977
 22.64 -4.00 9.26 -1.55
1976
 -4.10 -25.85 18.88 -2.99
1975
 -24.80 -25.92 28.38 -9.10
1974
 66.15 -16.62 -13.41 -20.91
1973
 72.96 -20.49 -10.09 -10.78
1972
 49.02 -6.88 17.91 -0.27
1971
 16.70 -3.48 17.25 -5.44
1970
 6.16 -1.56 0.66 -15.93
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