Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
IAU iShares Gold Trust | Gold, Precious Metals | 33% |
ICLN iShares Global Clean Energy ETF | Alternative Energy Equities | 16% |
RING iShares MSCI Global Gold Miners ETF | Materials | 10% |
SMH VanEck Semiconductor ETF | Semiconductors, Technology Equities | 10% |
VT Vanguard Total World Stock ETF | Global Equities | 31% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in gold - semiconductors - vt, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced Every 3 months.
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The earliest data available for this chart is Feb 2, 2012, corresponding to the inception date of RING
Returns By Period
As of Apr 15, 2026, the gold - semiconductors - vt returned 13.33% Year-To-Date and 16.39% of annualized return in the last 10 years.
| 1D | 1M | YTD | 6M | 1Y | 3Y* | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|---|---|
Benchmark S&P 500 Index | 1.18% | 5.05% | 1.78% | 4.86% | 28.88% | 18.97% | 10.81% | 12.85% |
Portfolio gold - semiconductors - vt | 2.12% | 4.28% | 13.33% | 18.41% | 61.79% | 28.17% | 16.39% | 16.39% |
| Portfolio components: | ||||||||
IAU iShares Gold Trust | 2.21% | -3.39% | 12.33% | 16.85% | 50.49% | 33.87% | 22.07% | 14.37% |
SMH VanEck Semiconductor ETF | 1.95% | 16.70% | 25.51% | 35.95% | 124.89% | 53.76% | 29.75% | 33.64% |
ICLN iShares Global Clean Energy ETF | 4.01% | 7.34% | 20.09% | 21.09% | 76.42% | 1.89% | -1.71% | 9.85% |
RING iShares MSCI Global Gold Miners ETF | 2.07% | 7.74% | 18.37% | 31.17% | 109.77% | 49.63% | 26.13% | 17.97% |
VT Vanguard Total World Stock ETF | 1.15% | 6.39% | 5.23% | 9.02% | 34.51% | 19.11% | 10.08% | 12.15% |
Monthly Returns
Based on dividend-adjusted daily data since Feb 3, 2012, gold - semiconductors - vt's average daily return is +0.05%, while the average monthly return is +0.99%. At this rate, an investment would double in approximately 5.9 years.
Historically, 58% of months were positive and 42% were negative. The best month was Apr 2020 with a return of +13.1%, while the worst month was Mar 2020 at -10.6%. The longest winning streak lasted 12 consecutive months, and the longest losing streak was 4 months.
On a daily basis, gold - semiconductors - vt closed higher 54% of trading days. The best single day was Mar 24, 2020 with a return of +8.2%, while the worst single day was Mar 12, 2020 at -8.5%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 8.89% | 5.86% | -8.49% | 7.44% | 13.33% | ||||||||
| 2025 | 4.78% | -0.08% | 3.55% | 3.12% | 4.62% | 4.40% | 0.86% | 6.13% | 9.60% | 4.31% | 2.58% | 1.34% | 55.34% |
| 2024 | -2.63% | 2.69% | 6.50% | -0.89% | 5.84% | -0.70% | 4.08% | 1.89% | 3.17% | -1.17% | -1.20% | -3.18% | 14.74% |
| 2023 | 7.91% | -5.26% | 6.70% | -0.38% | -0.46% | 1.77% | 2.74% | -4.15% | -5.83% | -0.02% | 7.70% | 4.61% | 14.98% |
| 2022 | -5.43% | 3.57% | 2.83% | -7.57% | -0.50% | -6.57% | 4.96% | -4.04% | -7.74% | 1.36% | 11.24% | -2.29% | -11.40% |
| 2021 | -0.27% | -3.71% | 0.41% | 2.18% | 4.68% | -2.79% | 0.85% | 0.70% | -4.85% | 6.03% | -0.91% | 1.17% | 3.00% |
Benchmark Metrics
Portfolio has an annualized alpha of 3.62%, beta of 0.64, and R² of 0.51 versus S&P 500 Index. Calculated based on daily prices since February 03, 2012.
- This portfolio participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (69.48%) than losses (61.85%) — typical of diversified or defensive assets.
- This portfolio generated an annualized alpha of 3.62% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
- Beta of 0.64 indicates this portfolio moves significantly less than S&P 500 Index — a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- 3.62%
- Beta
- 0.64
- R²
- 0.51
- Upside Capture
- 69.48%
- Downside Capture
- 61.85%
Expense Ratio
gold - semiconductors - vt has an expense ratio of 0.25%, which is considered low. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.
Return for Risk
Risk / Return Rank
gold - semiconductors - vt ranks 83 for risk / return — in the top 83% of portfolios on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
| Portfolio | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 3.35 | 2.20 | +1.15 |
Sortino ratioReturn per unit of downside risk | 3.90 | 3.07 | +0.83 |
Omega ratioGain probability vs. loss probability | 1.61 | 1.41 | +0.20 |
Calmar ratioReturn relative to maximum drawdown | 5.06 | 3.55 | +1.51 |
Martin ratioReturn relative to average drawdown | 19.96 | 16.01 | +3.96 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
How much return does each position deliver for the risk it carries? Higher values mean better reward for the risk taken.
| Risk / Return Rank | Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|---|
IAU iShares Gold Trust | 41 | 1.87 | 2.29 | 1.34 | 2.73 | 9.27 |
SMH VanEck Semiconductor ETF | 93 | 4.20 | 4.53 | 1.62 | 8.78 | 33.37 |
ICLN iShares Global Clean Energy ETF | 84 | 3.06 | 3.77 | 1.48 | 7.51 | 21.37 |
RING iShares MSCI Global Gold Miners ETF | 61 | 2.48 | 2.62 | 1.38 | 4.10 | 13.96 |
VT Vanguard Total World Stock ETF | 76 | 2.68 | 3.71 | 1.50 | 3.99 | 17.82 |
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Dividends
Dividend yield
gold - semiconductors - vt provided a 0.84% dividend yield over the last twelve months.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 0.84% | 0.94% | 1.09% | 1.16% | 1.17% | 1.04% | 0.72% | 1.17% | 1.49% | 1.24% | 1.58% | 1.45% |
| Portfolio components: | ||||||||||||
IAU iShares Gold Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SMH VanEck Semiconductor ETF | 0.24% | 0.31% | 0.44% | 0.60% | 1.18% | 0.51% | 0.69% | 1.50% | 1.88% | 1.43% | 0.80% | 2.14% |
ICLN iShares Global Clean Energy ETF | 1.36% | 1.63% | 1.85% | 1.59% | 0.89% | 1.18% | 0.34% | 1.36% | 2.77% | 2.49% | 3.88% | 2.36% |
RING iShares MSCI Global Gold Miners ETF | 0.71% | 0.84% | 1.43% | 2.01% | 2.29% | 2.38% | 0.83% | 0.83% | 0.70% | 0.42% | 1.41% | 0.96% |
VT Vanguard Total World Stock ETF | 1.70% | 1.82% | 1.95% | 2.08% | 2.20% | 1.82% | 1.66% | 2.32% | 2.53% | 2.11% | 2.39% | 2.45% |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the gold - semiconductors - vt. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the gold - semiconductors - vt was 25.56%, occurring on Mar 20, 2020. Recovery took 54 trading sessions.
The current gold - semiconductors - vt drawdown is 2.84%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -25.56% | Feb 24, 2020 | 20 | Mar 20, 2020 | 54 | Jun 8, 2020 | 74 |
| -24.79% | Nov 15, 2021 | 231 | Oct 14, 2022 | 345 | Mar 1, 2024 | 576 |
| -20.36% | Jul 7, 2014 | 389 | Jan 20, 2016 | 114 | Jul 1, 2016 | 503 |
| -16.63% | Feb 29, 2012 | 102 | Jul 24, 2012 | 397 | Feb 24, 2014 | 499 |
| -13.83% | Jan 29, 2018 | 229 | Dec 24, 2018 | 113 | Jun 7, 2019 | 342 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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Diversification
Diversification Metrics
Number of Effective Assets
The portfolio contains 5 assets, with an effective number of assets of 3.99, reflecting the diversification based on asset allocation. This number of effective assets suggests a highly concentrated portfolio, where a few assets dominate the allocation, potentially increasing the portfolio's risk due to lack of diversification.
Asset Correlations Table
| Benchmark | IAU | RING | SMH | ICLN | VT | Portfolio | |
|---|---|---|---|---|---|---|---|
| Benchmark | 1.00 | 0.03 | 0.17 | 0.77 | 0.61 | 0.95 | 0.66 |
| IAU | 0.03 | 1.00 | 0.76 | 0.03 | 0.13 | 0.11 | 0.61 |
| RING | 0.17 | 0.76 | 1.00 | 0.15 | 0.25 | 0.25 | 0.71 |
| SMH | 0.77 | 0.03 | 0.15 | 1.00 | 0.53 | 0.76 | 0.62 |
| ICLN | 0.61 | 0.13 | 0.25 | 0.53 | 1.00 | 0.68 | 0.70 |
| VT | 0.95 | 0.11 | 0.25 | 0.76 | 0.68 | 1.00 | 0.74 |
| Portfolio | 0.66 | 0.61 | 0.71 | 0.62 | 0.70 | 0.74 | 1.00 |