Golden Butterfly Portfolio Backtest

Historical backtest of the Golden Butterfly: equal 20% allocations to total market (VTI), small-cap value (VBR), long Treasuries (TLT), short Treasuries (SHY), and gold (GLD), rebalanced annually.

Backtest window: 2004-11-18 to 2026-06-05. Results as of 2026-06-05.

Assumptions

Results

Portfolio CAGR Max drawdown Volatility Sharpe Sortino Calmar
Golden Butterfly (VTI/VBR/TLT/SHY/GLD) 7.9% -20.0% 8.8% 0.71 1.01 0.40

Growth of $10,000

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Historical simulation computed by the ArthaPilot backtest engine with total-return (dividends reinvested) prices and annual rebalancing, before taxes and fees. Past performance does not predict future results. This page is educational and is not investment, tax, or legal advice.