Portfolio report

As of 30 Oct 2026 · from 1 Nov 2023
2 accounts · 5 instruments · 203 transactions · USD · benchmark BENCH

Overview

Value, return and risk at a glance

Value (USD)

696,578

Year to date

+5.6%

Since inception

+56.1%

+16.0% a year

Volatility

9.1%

Sharpe ratio 1.21

Maximum drawdown

−9.5%

Value at risk, 95%, 1 day

5,879

Expected shortfall 8,813

Growth of 100

Portfolio 156.1BENCH 155.2

Allocation by asset class

60%

25%

11%

Equity 59.6%Fixed income 24.9%Real assets 11.1%Cash 4.4%

Allocation by region

80%

North America 80.2%Europe 8.4%Global 6.9%Cash 4.4%

Efficient frontier of the invested holdings

Efficient frontierCurrent portfolioHoldings

Long only and fully invested in the holdings other than base-currency cash; expected returns are historical means, covariance by Ledoit–Wolf.

Holdings: expected return and risk

Holding	Weight	Expected return	Volatility	Share of risk
BND	24.9%	+1.4%	5.7%	5.4%
EXSA	8.4%	+16.2%	14.7%	5.6%
GLD	6.9%	+24.6%	21.4%	5.9%
VNQ	4.1%	+9.7%	16.6%	4.3%
VTI	51.2%	+20.5%	15.4%	78.8%
EUR cash	0.5%	+2.1%	7.3%	0.0%
USD cash	3.9%	+0.0%	0.0%	0.0%

Finalytics 1.0.0-rc.1 · overview report · inputs d4c17feaaf2c · 0 warnings

Holdings

What the portfolio holds, what it cost, and its tax lots

Positions · 696,578 USD

Holding	Name	Quantity	Price	Value (USD)	Weight	Unrealised	Return
VTI	Vanguard Total Stock Market ETF	960	371.57	356,707	51.2%	135,844	+61.5%
BND	Vanguard Total Bond Market ETF	2,424	71.56	173,461	24.9%	4,713	+2.8%
EXSA	iShares STOXX Europe 600 UCITS ETF (DE)	820	64.08	58,761	8.4%	21,276	+56.8%
GLD	SPDR Gold Shares	136	355.78	48,386	6.9%	23,428	+93.9%
VNQ	Vanguard Real Estate ETF	306	93.94	28,746	4.1%	6,293	+28.0%
USD cash		27,015		27,015	3.9%
EUR cash		3,132		3,502	0.5%

By account

68%

32%

Brokerage account 67.5%Retirement account 32.5%

By currency

91%

USD 91.1%EUR 8.9%

Largest holding

VTI 51.2%

Top five

95.6%

Effective holdings

2.7

1 ÷ Herfindahl index

Open tax lots

32 long-term · 12 short-term

Tax lots: largest unrealised gains

Lot	Account	Holding	Acquired	Quantity	Cost (USD)	Gain (USD)	Return	Term
t3	Brokerage account	VTI	1 Nov 2023	362	75,608	58,900	+77.9%	Long
t9	Retirement account	VTI	1 Nov 2023	359	74,982	58,412	+77.9%	Long
t7	Brokerage account	GLD	1 Nov 2023	136	24,958	23,428	+93.9%	Long
t5	Brokerage account	EXSA	1 Nov 2023	820	37,485	21,276	+56.8%	Long
t8	Brokerage account	VNQ	1 Nov 2023	306	22,452	6,293	+28.0%	Long
t10	Retirement account	BND	1 Nov 2023	1,043	71,958	2,680	+3.7%	Long
t6	Brokerage account	BND	1 Nov 2023	905	62,437	2,325	+3.7%	Long
t105	Retirement account	VTI	9 Apr 2025	22	5,908	2,267	+38.4%	Long

Unrealised: 190,392 long-term, 1,162 short-term; a lot is long-term when held for more than 365 days.

Realised gains and income (USD)

IncomeRealised gains

	2023	2024	2025	2026	Total
Income	2,106	10,552	12,370	10,133	35,160
Realised gains	0	0	10,156	0	10,156

Finalytics 1.0.0-rc.1 · holdings report · inputs d4c17feaaf2c · 0 warnings

Performance

Time- and money-weighted returns against the benchmark

Returns by period

Period	From	Return	Annualised	Money-weighted	Benchmark	Excess
MTD	30 Sep 2026	−0.1%	–	−0.7%	+0.6%	−0.6%
QTD	30 Sep 2026	−0.1%	–	−0.7%	+0.6%	−0.6%
YTD	31 Dec 2025	+5.6%	–	+6.7%	+5.7%	−0.1%
1Y	30 Oct 2025	+7.0%	+7.0%	+6.9%	+7.2%	−0.2%
ITD	1 Nov 2023	+56.1%	+16.0%	+15.7%	+55.2%	+0.9%

Time-weighted unless noted; money-weighted returns are annual rates. Periods longer than the history are left out.

Monthly returns (%)

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Year
2023											6.6	4.6	+11.5%
2024	0.0	2.3	2.7	−3.2	3.5	1.6	2.5	2.2	1.9	−1.5	3.5	−2.7	+13.3%
2025	2.7	0.4	−2.1	0.5	3.0	2.9	0.8	2.2	2.9	1.5	0.9	0.3	+17.2%
2026	2.4	1.4	−5.1	5.8	2.7	−1.0	−0.2	2.1	−2.2	−0.1			+5.6%

Calendar years

PortfolioBENCH

* part of the year

Contribution to return since inception

Asset class	Contribution	Average weight
Equity	+42.8%	56.3%
Fixed income	+5.5%	28.5%
Real assets	+7.9%	12.0%
Cash	+0.0%	3.2%

Region	Contribution	Average weight
Europe	+5.9%	8.8%
Global	+5.6%	7.1%
North America	+44.8%	80.9%
Cash	+0.0%	3.2%

Fees and taxes charged to the accounts are their own line; with the holdings' contributions they add up to the return.

Accounts

Account	Start	End	Net flows	Gain	Return	Money-weighted
Brokerage account	249,995	470,522	60,000	160,527	+59.2%	+16.3%
Retirement account	149,998	226,056	0	76,058	+50.7%	+14.7%
Household	399,993	696,578	60,000	236,585	+56.1%	+15.7%

Finalytics 1.0.0-rc.1 · performance report · inputs d4c17feaaf2c · 0 warnings

Risk

Volatility, drawdowns, tail risk and where the risk comes from

Volatility

9.1%

downside 6.1%

Sharpe ratio

1.21

Sortino 2.54

Maximum drawdown

−9.5%

Calmar 1.69

Tracking error

1.5%

information ratio 0.17

Beta

1.06

correlation 0.99

Worst day

−3.14%

best +4.44%

Drawdown

Peak	Trough	Recovery	Depth	Days to trough	Days to recover
19 Feb 2025	8 Apr 2025	16 May 2025	−9.5%	48	38
25 Feb 2026	27 Mar 2026	17 Apr 2026	−6.9%	30	21
16 Jul 2024	5 Aug 2024	19 Aug 2024	−4.3%	20	14
6 Dec 2024	13 Jan 2025	6 Feb 2025	−4.0%	38	24
28 Mar 2024	19 Apr 2024	14 May 2024	−3.8%	22	25

Value at risk and expected shortfall, 1 day

Confidence	Method	Value at risk (USD)		Expected shortfall (USD)
95%	Historical	5,879	0.84%	8,813	1.27%
95%	Parametric	6,109	0.88%	7,769	1.12%
95%	Cornish–Fisher	5,503	0.79%	8,127	1.17%
99%	Historical	9,761	1.40%	13,678	1.96%
99%	Parametric	8,816	1.27%	10,162	1.46%
99%	Cornish–Fisher	14,501	2.08%	14,501	2.08%

Where the risk comes from · volatility 9.5%

WeightShare of risk

Covariance by Ledoit–Wolf over 751 days, annualised; cash in the base currency is riskless.

Daily returns

Returns, one day eachNormal distribution

Skewness 0.08, excess kurtosis 6.39.

Correlation

	BND	EXSA	GLD	VNQ	VTI	EUR
BND	1.00	0.10	0.17	0.41	0.17	0.01
EXSA	0.10	1.00	0.14	0.22	0.30	0.44
GLD	0.17	0.14	1.00	0.17	0.20	0.00
VNQ	0.41	0.22	0.17	1.00	0.50	0.01
VTI	0.17	0.30	0.20	0.50	1.00	0.01
EUR cash	0.01	0.44	0.00	0.01	0.01	1.00

USD cash has no risk and is left out.

Rolling volatility, 63 days

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Attribution

Why the portfolio beat or trailed the benchmark

Portfolio

+55.74%

Benchmark

+55.20%

Excess

+0.54%

Allocation

+0.34%

Selection

+0.15%

Interaction

+0.05%

Effects by asset class

AllocationSelectionInteraction

Asset class	Allocation	Selection	Interaction	Total
Equity	−0.01%	+0.10%	+0.10%	+0.19%
Fixed income	+2.13%	−0.01%	+0.00%	+2.12%
Real assets	+0.07%	+0.07%	−0.05%	+0.09%
Cash	−1.86%	+0.00%	+0.00%	−1.86%
Total	+0.34%	+0.15%	+0.05%	+0.54%

Brinson–Fachler, 36 periods linked by Cariño's method. Segment returns are measured over each period, so the linked total can differ slightly from the time-weighted return over the same span (+56.13%).

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Scenarios

What shocks and past episodes would do to today's portfolio

Effect on today's portfolio · 696,578 USD

Scenario	Change (USD)	Return	Hardest hit		Volatility after
Equity sell-off	−106,376	−15.3%	VTI	−89,177	14.9%
Rates up 1%	−31,181	−4.5%	VTI	−17,835	9.5%
Dollar up 10%	−6,226	−0.9%	EXSA	−5,876	9.6%
Spring 2025 replay	−76,785	−11.0%	VTI	−69,866	9.0%

Change in value by holding (USD)

	Equity sell-off	Rates up 1%	Dollar up 10%	Spring 2025 replay
BND	5,204	−10,408	0	360
EXSA	−14,690	−2,938	−5,876	−4,367
GLD	−4,839	0	0	777
VNQ	−2,875	0	0	−3,845
VTI	−89,177	−17,835	0	−69,866
EUR cash	0	0	−350	157
USD cash	0	0	0	0

Spring 2025 replay: the price and rate changes from 19 Feb 2025 to 8 Apr 2025, on today's holdings.

Finalytics 1.0.0-rc.1 · scenarios report · inputs d4c17feaaf2c · 0 warnings

Every figure is computed by Finalytics 1.0.0-rc.1 from the portfolio's transactions and market data; the same inputs give the same report, identified by the input digest d4c17feaaf2c.