Golden Earring
Golden Butterfly derivative
Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
GLD SPDR Gold Trust | Precious Metals, Gold | 20% |
SHV iShares Short Treasury Bond ETF | Government Bonds | 10% |
SLV iShares Silver Trust | Precious Metals | 20% |
TIP iShares TIPS Bond ETF | Inflation-Protected Bonds | 15% |
VB Vanguard Small-Cap ETF | Small Cap Growth Equities | 10% |
VTI Vanguard Total Stock Market ETF | Large Cap Growth Equities | 25% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Golden Earring, 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 Jan 11, 2007, corresponding to the inception date of SHV
Returns By Period
As of May 8, 2025, the Golden Earring returned 6.81% Year-To-Date and 8.39% of annualized return in the last 10 years.
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | -4.26% | 11.24% | -5.02% | 8.55% | 14.02% | 10.31% |
| Golden Earring | 6.81% | 8.35% | 4.23% | 16.50% | 12.06% | 8.39% |
| Portfolio components: | ||||||
GLD SPDR Gold Trust | 28.34% | 13.53% | 26.48% | 45.07% | 14.20% | 10.58% |
SLV iShares Silver Trust | 12.00% | 8.66% | 3.73% | 18.34% | 15.42% | 6.48% |
SHV iShares Short Treasury Bond ETF | 1.43% | 0.32% | 2.15% | 4.84% | 2.47% | 1.83% |
VTI Vanguard Total Stock Market ETF | -4.39% | 11.49% | -5.22% | 9.10% | 15.13% | 11.62% |
TIP iShares TIPS Bond ETF | 3.81% | 0.58% | 2.87% | 6.28% | 1.47% | 2.33% |
VB Vanguard Small-Cap ETF | -8.08% | 10.55% | -11.59% | 0.66% | 11.90% | 7.75% |
Monthly Returns
The table below presents the monthly returns of Golden Earring, 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 | 4.40% | -0.37% | 2.04% | -0.18% | 0.81% | 6.81% | |||||||
| 2024 | -0.98% | 1.72% | 4.99% | -0.19% | 5.44% | -0.30% | 2.42% | 1.10% | 3.55% | 1.33% | 0.86% | -3.16% | 17.75% |
| 2023 | 4.07% | -4.41% | 5.07% | 1.16% | -1.74% | 1.49% | 3.64% | -1.46% | -4.85% | 0.78% | 6.22% | 1.75% | 11.60% |
| 2022 | -3.61% | 2.63% | 1.09% | -5.44% | -2.00% | -4.91% | 3.60% | -4.38% | -4.10% | 3.00% | 6.89% | -0.03% | -7.85% |
| 2021 | -0.15% | -0.32% | -0.66% | 3.74% | 3.43% | -2.04% | 0.70% | -0.37% | -3.51% | 4.16% | -1.79% | 2.44% | 5.44% |
| 2020 | 1.19% | -4.30% | -8.64% | 8.06% | 6.64% | 1.92% | 11.10% | 5.96% | -6.41% | -0.17% | 2.83% | 6.67% | 25.36% |
| 2019 | 4.86% | 0.76% | -0.31% | 1.04% | -2.29% | 5.18% | 1.77% | 3.66% | -1.86% | 2.46% | -0.41% | 2.65% | 18.60% |
| 2018 | 2.56% | -3.01% | -0.15% | -0.09% | 1.14% | -0.72% | -0.22% | -0.23% | -0.21% | -3.11% | 0.71% | -0.26% | -3.68% |
| 2017 | 3.83% | 2.78% | -0.24% | -0.34% | 0.22% | -0.90% | 1.37% | 1.89% | -0.88% | 0.66% | 0.82% | 1.52% | 11.14% |
| 2016 | -0.23% | 3.51% | 3.12% | 4.56% | -3.08% | 5.77% | 3.68% | -2.35% | 0.87% | -2.97% | -1.48% | -0.27% | 11.11% |
| 2015 | 3.25% | -0.37% | -0.56% | -0.61% | 1.19% | -2.16% | -2.11% | -1.75% | -1.76% | 4.40% | -2.84% | -1.59% | -5.05% |
| 2014 | -0.27% | 5.08% | -1.95% | -0.54% | -0.05% | 4.75% | -2.41% | 0.82% | -5.13% | -0.36% | -0.13% | 0.46% | -0.15% |
Expense Ratio
Golden Earring has an expense ratio of 0.24%, 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.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 89, Golden Earring is among the top 11% 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 | |
|---|---|---|---|---|---|
GLD SPDR Gold Trust | 2.61 | 3.52 | 1.45 | 5.65 | 15.14 |
SLV iShares Silver Trust | 0.60 | 1.15 | 1.14 | 0.45 | 2.45 |
SHV iShares Short Treasury Bond ETF | 20.97 | 280.59 | 132.04 | 536.52 | 4,560.86 |
VTI Vanguard Total Stock Market ETF | 0.46 | 0.87 | 1.13 | 0.54 | 2.06 |
TIP iShares TIPS Bond ETF | 1.35 | 1.88 | 1.24 | 0.62 | 4.03 |
VB Vanguard Small-Cap ETF | 0.03 | 0.29 | 1.04 | 0.08 | 0.26 |
Dividends
Dividend yield
Golden Earring provided a 1.40% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 1.40% | 1.33% | 1.40% | 1.76% | 1.07% | 0.72% | 1.06% | 1.25% | 0.95% | 0.89% | 0.70% | 0.83% |
| Portfolio components: | ||||||||||||
GLD SPDR 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% |
SLV iShares Silver 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% |
SHV iShares Short Treasury Bond ETF | 4.70% | 5.02% | 4.73% | 1.39% | 0.00% | 0.74% | 2.19% | 1.66% | 0.72% | 0.34% | 0.03% | 0.00% |
VTI Vanguard Total Stock Market ETF | 1.36% | 1.27% | 1.44% | 1.67% | 1.21% | 1.42% | 1.78% | 2.04% | 1.71% | 1.92% | 1.98% | 1.76% |
TIP iShares TIPS Bond ETF | 2.90% | 2.52% | 2.73% | 6.96% | 4.28% | 1.17% | 1.75% | 2.71% | 2.07% | 1.48% | 0.34% | 1.67% |
VB Vanguard Small-Cap ETF | 1.53% | 1.30% | 1.55% | 1.59% | 1.24% | 1.14% | 1.39% | 1.67% | 1.35% | 1.50% | 1.48% | 1.43% |
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 Golden Earring. 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 Golden Earring was 35.03%, occurring on Nov 20, 2008. Recovery took 258 trading sessions.
The current Golden Earring drawdown is 0.64%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -35.03% | Mar 6, 2008 | 182 | Nov 20, 2008 | 258 | Dec 1, 2009 | 440 |
| -21.45% | Feb 24, 2020 | 18 | Mar 18, 2020 | 56 | Jun 8, 2020 | 74 |
| -19.09% | Nov 15, 2021 | 231 | Oct 14, 2022 | 296 | Dec 19, 2023 | 527 |
| -15% | Oct 5, 2012 | 824 | Jan 15, 2016 | 116 | Jul 1, 2016 | 940 |
| -14.76% | May 2, 2011 | 108 | Oct 3, 2011 | 239 | Sep 13, 2012 | 347 |
Volatility
Volatility Chart
The current Golden Earring volatility is 5.34%, 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
Diversification Metrics
Number of Effective Assets
The portfolio contains 6 assets, with an effective number of assets of 5.41, reflecting the diversification based on asset allocation. This number of effective assets indicates a moderate level of diversification, where some assets may have a more significant influence on overall performance.
Asset Correlations Table
| ^GSPC | SHV | TIP | GLD | SLV | VB | VTI | Portfolio | |
|---|---|---|---|---|---|---|---|---|
| ^GSPC | 1.00 | -0.07 | -0.12 | 0.06 | 0.20 | 0.89 | 0.99 | 0.61 |
| SHV | -0.07 | 1.00 | 0.15 | 0.08 | 0.03 | -0.07 | -0.07 | 0.01 |
| TIP | -0.12 | 0.15 | 1.00 | 0.30 | 0.21 | -0.11 | -0.12 | 0.19 |
| GLD | 0.06 | 0.08 | 0.30 | 1.00 | 0.79 | 0.07 | 0.07 | 0.71 |
| SLV | 0.20 | 0.03 | 0.21 | 0.79 | 1.00 | 0.21 | 0.21 | 0.83 |
| VB | 0.89 | -0.07 | -0.11 | 0.07 | 0.21 | 1.00 | 0.92 | 0.61 |
| VTI | 0.99 | -0.07 | -0.12 | 0.07 | 0.21 | 0.92 | 1.00 | 0.62 |
| Portfolio | 0.61 | 0.01 | 0.19 | 0.71 | 0.83 | 0.61 | 0.62 | 1.00 |