Simulated backtest / Methodology v1

Reviewed public title

etf_broad_assets · Jan 29, 2010 – Sep 12, 2025

Hypothetical performance. This simulation is not live trading and is not a forecast or investment advice.

Total return195%

CAGR7%

Max drawdown-25%

Sharpe ratio0.69

Volatility11%

Source metrics are rounded to two decimal places before percentage conversion. The unrounded curves can differ from these figures.

Growth of 100

Equity curve

Indexed

Portfolio value normalized to the first recorded observation.

Peak to trough

Drawdown

Observed

Decline from the running peak at each recorded observation.

The setup

Assumptions

Universe: etf_broad_assets
Membership: static
Rebalance frequency: monthly
Market calendar: NYSE
Simulation period: Jan 1, 2010 to before Sep 15, 2025
Costs and slippage: Describe the actual simulated commissions and slippage.

Read carefully

Limitations

Describe a known material limitation.

Backtests can be affected by look-ahead bias, survivorship bias and parameter selection. Results may not hold in other market conditions.

How it is calculated

Methodology

Returns are calculated between recorded observations; total return is the last value divided by the first, minus one. CAGR uses elapsed calendar days divided by 365.25.

Drawdown is value divided by its running maximum minus one. The chart uses monthly observations and can miss intra-period declines.

Volatility is the sample standard deviation of observation returns, annualized using the square root of periods per year (252 daily, 52 weekly, 12 monthly, 4 quarterly, 1 yearly). Sharpe uses mean return divided by that standard deviation, annualized the same way, with a zero risk-free rate.

Source and timing

Data freshness

Last observation: Sep 12, 2025
Published or corrected: 2026-11-13T14:36:59Z
Data and vintage: Unavailable
Source revision: Unavailable