Total returns: November 2018 through September 2023
Below are the trading statements in pdf format.
Total returns: November 2018 through September 2023 vs Benchmark SP500
Total returns: Strategy +171.9% vs Benchmark +66.9% (2.55x)
CAGR: Strategy +22.7% vs Benchmark +11.0% (2.05x)
CAGR inflation adjusted: Strategy +17.8% vs Benchmark +6.8% (2.6x)
Max. Drawdown: Strategy 24.2% vs Benchmark 35.3% (1.45x)
MAR ratio: Strategy 0.94 vs Benchmark 0.31 (3.05x)
MAR ratio inflation-adjusted: Strategy 0.74 vs Benchmark 0.19 (3.9x)
The Strategy outperforms the benchmark in terms of risk/return (MAR ratio) by 3 times or almost 4 times inflation-adjusted.
For the first 2 years I had very high transaction costs, overnight rates and borrow rates with my previous brokerage account: total impact was -7.5% per year vs -3% per year now. Had I used IB immediately, the return would have been about 4% per year higher in 2019 and 2020. Do not repeat my mistakes.