Total returns: November 2018 through January 2023
This post was updated on Jan 24, 2023.
Below are the trading statements in pdf format.
Total returns: November 2018 through January 2023 vs Benchmark SPY-TLT
Total returns: Strategy +137.5% vs Benchmark +29.4%
CAGR: Strategy +22.9% vs Benchmark +6.3%
CAGR inflation adjusted: Strategy +18.1% vs Benchmark +2.3%
Max. Drawdown: Strategy 24.2% vs Benchmark 28.7%
MAR ratio: Strategy 0.94 vs Benchmark 0.22
MAR ratio inflation-adjusted: Strategy 0.75 vs Benchmark 0.08
The Strategy outperforms the benchmark in terms of risk/return (MAR ratio) by 4.27 times or 9.37 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.