Permanent Portfolio Backtest
Over this window, Permanent Portfolio (SPY/TLT/GLD/BIL) returned 6.8% annualized with a maximum drawdown of 17.8%.
Assumptions
- Permanent Portfolio (SPY/TLT/GLD/BIL): 25% BIL, 25% GLD, 25% SPY, 25% TLT, rebalanced annually.
- Total-return prices (dividends reinvested), annual rebalancing, no taxes, fees, or cash flows.
Results
| Portfolio | CAGR | Max drawdown | Volatility | Sharpe | Sortino | Calmar |
|---|---|---|---|---|---|---|
| Permanent Portfolio (SPY/TLT/GLD/BIL) | 6.8% | -17.8% | 7.4% | 0.73 | 1.04 | 0.38 |
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.