PM - Gold, Silver, Copper - 748.95 - Mining - Maximize Quadratic Utility

The chart shows the growth of an initial investment of $10,000 in PM - Gold, Silver, Copper - 748.95 - Mining - Maximize Quadratic Utility, 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.

As of Jun 9, 2026, the PM - Gold, Silver, Copper - 748.95 - Mining - Maximize Quadratic Utility returned -4.67% Year-To-Date and 12.90% of annualized return in the last 10 years.

Based on dividend-adjusted daily data since Apr 20, 2010, PM - Gold, Silver, Copper - 748.95 - Mining - Maximize Quadratic Utility's average daily return is +0.05%, while the average monthly return is +0.94%. At this rate, an investment would double in approximately 6.2 years.

Historically, 49% of months were positive and 51% were negative. The best month was Apr 2020 with a return of +34.0%, while the worst month was Mar 2026 at -21.9%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 8 months.

On a daily basis, PM - Gold, Silver, Copper - 748.95 - Mining - Maximize Quadratic Utility closed higher 50% of trading days. The best single day was Mar 24, 2020 with a return of +15.3%, while the worst single day was Mar 18, 2020 at -18.0%.

PM - Gold, Silver, Copper - 748.95 - Mining - Maximize Quadratic Utility has an annualized alpha of 3.67%, beta of 0.66, and R2 of 0.10 versus S&P 500 Index. Calculated based on daily prices since April 20, 2010.

• This portfolio participated in 71.14% of S&P 500 Index downside but only 53.32% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.66 may look defensive, but with R2 of 0.10 this portfolio is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this portfolio's risk.
• R2 of 0.10 means this portfolio moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

PM - Gold, Silver, Copper - 748.95 - Mining - Maximize Quadratic Utility has an expense ratio of 0.58%, 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.

PM - Gold, Silver, Copper - 748.95 - Mining - Maximize Quadratic Utility ranks 19 for risk / return — in the bottom 19% of Portfolios on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

The table below presents risk-adjusted performance metrics for PM - Gold, Silver, Copper - 748.95 - Mining - Maximize Quadratic Utility and compares them with S&P 500 Index.

The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

PM - Gold, Silver, Copper - 748.95 - Mining - Maximize Quadratic Utility Sharpe ratios as of Jun 9, 2026 (values are recalculated daily):

• 1-Year: 1.36
• 5-Year: 0.44
• 10-Year: 0.36
• All Time: 0.15

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

Compared to the broad market, where average Sharpe ratios range from 1.59 to 2.46, this portfolio's current Sharpe ratio places it in the bottom 25%. This suggests weaker risk-adjusted returns than most portfolios, possibly due to lower returns, higher volatility, or both. It may be worth reviewing the allocation. You can use the Portfolio Optimization tool to explore options for improving the Sharpe ratio.

The chart below shows the rolling Sharpe ratio of PM - Gold, Silver, Copper - 748.95 - Mining - Maximize Quadratic Utility compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.

PM - Gold, Silver, Copper - 748.95 - Mining - Maximize Quadratic Utility provided a 1.14% dividend yield over the last twelve months.

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.

The table below displays the maximum drawdowns of the PM - Gold, Silver, Copper - 748.95 - Mining - Maximize Quadratic Utility. 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 PM - Gold, Silver, Copper - 748.95 - Mining - Maximize Quadratic Utility was 80.74%, occurring on Jan 19, 2016. Recovery took 2413 trading sessions.

The current PM - Gold, Silver, Copper - 748.95 - Mining - Maximize Quadratic Utility drawdown is 30.61%.

The chart below shows the rolling one-month volatility.