Gold Fund
Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
BTC-USD Bitcoin | 5% | |
HYG iShares iBoxx $ High Yield Corporate Bond ETF | High Yield Bonds | 5% |
IAU iShares Gold Trust | Precious Metals, Gold | 60% |
UUP Invesco DB US Dollar Index Bullish Fund | Currency | 30% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Gold Fund, 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.
The earliest data available for this chart is Jul 17, 2010, corresponding to the inception date of BTC-USD
Returns By Period
As of Apr 7, 2025, the Gold Fund returned 7.33% Year-To-Date and 12.80% of annualized return in the last 10 years.
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | -13.73% | -12.06% | -11.77% | -2.50% | 13.85% | 9.30% |
| Gold Fund | 7.33% | 2.02% | 11.74% | 21.19% | 14.04% | 12.74% |
| Portfolio components: | ||||||
IAU iShares Gold Trust | 15.65% | 4.28% | 14.70% | 30.28% | 12.79% | 9.38% |
HYG iShares iBoxx $ High Yield Corporate Bond ETF | -1.02% | -2.92% | -0.33% | 5.98% | 5.24% | 3.60% |
UUP Invesco DB US Dollar Index Bullish Fund | -3.94% | -0.46% | 2.95% | 4.22% | 3.15% | 2.26% |
BTC-USD Bitcoin | -16.28% | -9.22% | 25.67% | 12.76% | 60.58% | 78.69% |
Monthly Returns
The table below presents the monthly returns of Gold Fund, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 4.72% | 0.16% | 4.85% | -2.40% | 7.33% | ||||||||
| 2024 | 0.03% | 2.76% | 6.48% | 1.65% | 1.21% | 0.10% | 3.13% | 0.43% | 3.57% | 4.15% | 0.84% | -0.19% | 26.75% |
| 2023 | 5.31% | -2.40% | 5.70% | 0.55% | -0.31% | -0.86% | 1.02% | -0.57% | -1.93% | 6.14% | 1.59% | 1.27% | 16.15% |
| 2022 | -1.70% | 4.16% | 1.53% | -0.87% | -2.90% | -1.77% | 0.08% | -1.90% | -0.87% | -0.73% | 2.92% | 1.05% | -1.23% |
| 2021 | -1.01% | -1.50% | 2.75% | 1.48% | 2.57% | -4.03% | 2.36% | 0.87% | -1.93% | 2.94% | -0.48% | 0.78% | 4.63% |
| 2020 | 4.59% | -0.67% | -1.53% | 6.05% | 2.10% | 1.12% | 6.88% | -0.52% | -2.60% | 1.10% | -0.90% | 7.65% | 25.10% |
| 2019 | 1.52% | 0.57% | -0.12% | 1.29% | 5.00% | 7.64% | 0.67% | 4.62% | -2.15% | 1.51% | -2.61% | 1.60% | 20.84% |
| 2018 | -0.52% | -0.67% | -1.08% | 1.81% | -1.20% | -2.60% | -0.16% | -1.51% | -0.58% | 1.59% | -1.41% | 2.42% | -3.95% |
| 2017 | 2.45% | 3.52% | -0.87% | 1.94% | 3.92% | -0.53% | 1.41% | 5.99% | -2.50% | 2.57% | 4.10% | 4.57% | 29.59% |
| 2016 | 2.66% | 7.33% | -1.72% | 3.04% | -1.88% | 6.87% | 0.70% | -2.06% | 0.59% | -0.14% | -3.49% | 1.19% | 13.21% |
| 2015 | 4.99% | -2.81% | -0.68% | -1.32% | 0.92% | -0.82% | -3.12% | 0.54% | -1.07% | 3.33% | -1.82% | 0.19% | -1.98% |
| 2014 | 2.96% | 1.61% | -2.49% | -0.04% | 0.47% | 3.42% | -2.04% | -0.20% | -3.26% | -2.09% | 0.68% | 0.63% | -0.60% |
Expense Ratio
Gold Fund has an expense ratio of 0.40%, placing it in the medium range. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 99, Gold Fund is among the top 1% of portfolios on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
This table presents a comparison of risk-adjusted performance metrics for positions. Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|
IAU iShares Gold Trust | 2.81 | 3.65 | 1.48 | 1.85 | 13.65 |
HYG iShares iBoxx $ High Yield Corporate Bond ETF | 0.76 | 1.01 | 1.14 | 0.14 | 5.15 |
UUP Invesco DB US Dollar Index Bullish Fund | 0.49 | 0.70 | 1.09 | 0.07 | 1.57 |
BTC-USD Bitcoin | 0.41 | 0.97 | 1.10 | 0.23 | 1.99 |
Dividends
Dividend yield
Gold Fund provided a 1.70% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 1.70% | 1.64% | 2.22% | 0.53% | 0.20% | 0.24% | 0.86% | 0.60% | 0.28% | 0.26% | 0.30% | 0.28% |
| 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% |
HYG iShares iBoxx $ High Yield Corporate Bond ETF | 6.02% | 6.01% | 5.74% | 5.30% | 4.02% | 4.88% | 4.99% | 5.54% | 5.12% | 5.27% | 5.90% | 5.69% |
UUP Invesco DB US Dollar Index Bullish Fund | 4.66% | 4.48% | 6.45% | 0.89% | 0.00% | 0.00% | 2.03% | 1.08% | 0.10% | 0.00% | 0.00% | 0.00% |
BTC-USD Bitcoin | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Gold Fund. 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 Fund was 33.07%, occurring on Jun 12, 2011. Recovery took 655 trading sessions.
The current Gold Fund drawdown is 2.50%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -33.07% | Jun 10, 2011 | 3 | Jun 12, 2011 | 655 | Mar 28, 2013 | 658 |
| -19.78% | Apr 11, 2013 | 86 | Jul 5, 2013 | 136 | Nov 18, 2013 | 222 |
| -18.02% | Dec 5, 2013 | 14 | Dec 18, 2013 | 922 | Jun 27, 2016 | 936 |
| -11.87% | Nov 8, 2010 | 10 | Nov 17, 2010 | 80 | Feb 5, 2011 | 90 |
| -11.68% | Mar 9, 2022 | 226 | Oct 20, 2022 | 148 | Mar 17, 2023 | 374 |
Volatility
Volatility Chart
The current Gold Fund volatility is 2.73%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Diversification
Asset Correlations Table
| BTC-USD | HYG | IAU | UUP | |
|---|---|---|---|---|
| BTC-USD | 1.00 | 0.09 | 0.05 | -0.06 |
| HYG | 0.09 | 1.00 | 0.12 | -0.25 |
| IAU | 0.05 | 0.12 | 1.00 | -0.40 |
| UUP | -0.06 | -0.25 | -0.40 | 1.00 |