gtaa3
hold_until_replaced
Strategy Description
GTAA 3 Hold Until Replaced - only rebalance when signals change (1998-2026)
Universe: ["GSG", "IAU", "VBK", "VWO", "VBR", "VEA", "VTV", "VCIT", "VGIT", "IGOV", "EFA", "QQQ", "VNQ", "MTUM", "VGLT"]
Rebalance Frequency: on_signal_change | Period: January 1, 1998 to May 1, 2026 | Top N: 3
Portfolio Value Over Time
After-tax performance
Performance Summary
27.3 years of data
| Metric | Value |
|---|---|
| Period | January 1, 1998 to May 1, 2026 (27.3 years) |
| After-Tax CAGR | 7.72% |
| Pre-Tax CAGR | 11.25% |
| Tax Drag | 3.53% |
| Final Value (After-Tax) | $76,328 (from $10,000) |
| Final Value (Pre-Tax) | $184,199 |
| Total Taxes Paid | $33,226 |
| Effective Tax Rate | 19.1% on gains |
| Total Transactions | 744 (27 per year) |
| Maximum Drawdown | -28.61% |
Drawdown Analysis
Top 5 drawdowns
| Rank | Drawdown | Peak Date | Trough Date | Recovery Date | Duration |
|---|---|---|---|---|---|
| 1 | -28.61% | Nov, 2007 | Oct, 2008 | Nov, 2009 | 24 mo |
| 2 | -19.65% | Jun, 2002 | Mar, 2003 | Oct, 2003 | 16 mo |
| 3 | -19.45% | Mar, 2000 | Nov, 2000 | Apr, 2002 | 25 mo |
| 4 | -16.62% | Sep, 2018 | May, 2019 | Aug, 2020 | 23 mo |
| 5 | -14.81% | Nov, 2021 | Feb, 2023 | Mar, 2024 | 28 mo |
Rolling Period Analysis
Best and worst CAGR for rolling periods
| Period | Best CAGR | Best Period | Worst CAGR | Worst Period |
|---|---|---|---|---|
| 1-Year | 44.05% | 1999-02-28 to 2000-02-29 | -28.61% | 2007-10-31 to 2008-10-31 |
| 3-Year | 21.57% | 2004-10-31 to 2007-10-31 | -4.42% | 2000-02-29 to 2003-02-28 |
| 5-Year | 18.44% | 2002-10-31 to 2007-10-31 | 0.45% | 2007-10-31 to 2012-10-31 |
| 10-Year | 10.60% | 2001-04-30 to 2011-04-30 | 3.17% | 2010-04-30 to 2020-04-30 |
Annual Returns
28 years
| Year | Pre-Tax Return | After-Tax Return | Tax Drag | Pre-Tax Value | After-Tax Value |
|---|---|---|---|---|---|
| 2026 | -0.58% | -6.58% | 5.99% | $184,199 | $76,328 |
| 2025 | 17.26% | 15.52% | 1.75% | $170,732 | $75,246 |
| 2024 | 12.76% | 9.98% | 2.78% | $138,755 | $62,056 |
| 2023 | 6.29% | 6.29% | 0.00% | $124,369 | $57,028 |
| 2022 | -3.66% | -3.77% | 0.11% | $113,625 | $52,102 |
| 2021 | 13.94% | 2.54% | 11.40% | $120,566 | $55,528 |
| 2020 | 27.33% | 25.02% | 2.31% | $104,280 | $53,362 |
| 2019 | 8.91% | 5.24% | 3.68% | $82,660 | $43,096 |
| 2018 | -10.18% | -12.27% | 2.09% | $74,953 | $40,439 |
| 2017 | 21.83% | 17.46% | 4.37% | $76,906 | $42,447 |
| 2016 | 9.10% | 8.98% | 0.12% | $63,193 | $36,178 |
| 2015 | -8.29% | -9.44% | 1.15% | $60,782 | $34,841 |
| 2014 | 11.95% | 7.02% | 4.93% | $63,650 | $36,939 |
| 2013 | 19.97% | 15.23% | 4.74% | $57,987 | $35,207 |
| 2012 | 2.56% | 0.02% | 2.54% | $46,689 | $29,511 |
| 2011 | -2.34% | -3.14% | 0.80% | $44,197 | $28,642 |
| 2010 | 21.82% | 12.40% | 9.42% | $44,666 | $29,184 |
| 2009 | 33.66% | 27.15% | 6.51% | $39,599 | $28,068 |
| 2008 | -18.20% | -18.41% | 0.21% | $29,223 | $21,773 |
| 2007 | 24.12% | 18.47% | 5.65% | $35,124 | $26,274 |
| 2006 | 14.40% | 6.69% | 7.71% | $27,455 | $21,508 |
| 2005 | 14.41% | 14.50% | -0.09% | $21,861 | $18,363 |
| 2004 | 2.65% | -2.76% | 5.40% | $19,453 | $16,334 |
| 2003 | 43.05% | 36.33% | 6.72% | $19,117 | $16,949 |
| 2002 | -1.40% | -3.20% | 1.80% | $13,214 | $12,292 |
| 2001 | -3.12% | -3.57% | 0.46% | $12,837 | $12,154 |
| 2000 | -4.40% | -5.50% | 1.10% | $12,835 | $12,219 |
| 1999 | 40.08% | 34.96% | 5.12% | $14,007 | $13,495 |
Monthly Returns
Last 120 months | 329 total
| Date | Pre-Tax Return | After-Tax Return | Pre-Tax Value | After-Tax Value | Holdings |
|---|---|---|---|---|---|
| May, 2026 | 0.00% | -5.97% | $184,199 | $76,328 | GSG,QQQ,MTUM,BIL |
| Apr, 2026 | 3.07% | 3.03% | $184,192 | $81,173 | GSG,QQQ,MTUM,BIL |
| Mar, 2026 | -9.26% | -9.31% | $178,707 | $78,788 | IAU,VEA,GSG |
| Feb, 2026 | 6.30% | 6.33% | $196,952 | $86,875 | IAU,VEA,VWO |
| Jan, 2026 | 8.52% | 8.58% | $185,277 | $81,701 | IAU,VEA,VWO |
| Dec, 2025 | 1.53% | -0.24% | $170,732 | $75,246 | IAU,VEA,VWO |
| Nov, 2025 | 1.45% | 1.48% | $168,152 | $75,429 | IAU,QQQ,VEA |
| Oct, 2025 | 2.82% | 2.84% | $165,743 | $74,326 | IAU,QQQ,VWO |
| Sep, 2025 | 8.07% | 8.10% | $161,193 | $72,271 | IAU,QQQ,MTUM |
| Aug, 2025 | 2.57% | 2.59% | $149,156 | $66,856 | IAU,QQQ,VWO |
| Jul, 2025 | -0.60% | -0.61% | $145,424 | $65,171 | IAU,MTUM,QQQ,BIL |
| Jun, 2025 | 2.30% | 2.28% | $146,308 | $65,570 | IAU,VEA,MTUM |
| May, 2025 | 1.60% | 1.61% | $143,020 | $64,108 | IAU,VEA,MTUM |
| Apr, 2025 | -0.34% | -0.27% | $140,761 | $63,094 | IAU,VEA,IGOV |
| Mar, 2025 | -1.48% | -1.40% | $141,240 | $63,265 | IAU,VWO,GSG |
| Feb, 2025 | -1.53% | -1.49% | $143,367 | $64,166 | MTUM,IAU,QQQ |
| Jan, 2025 | 4.93% | 4.97% | $145,595 | $65,139 | MTUM,IAU,VBK |
| Dec, 2024 | -6.27% | -8.58% | $138,755 | $62,056 | MTUM,QQQ,IAU,BIL |
| Nov, 2024 | 2.51% | 2.51% | $148,037 | $67,881 | MTUM,VBR,VBK,BIL |
| Oct, 2024 | 0.22% | 0.22% | $144,413 | $66,219 | MTUM,IAU,VNQ,BIL |
| Sep, 2024 | 3.64% | 3.64% | $144,091 | $66,072 | MTUM,IAU,VNQ,BIL |
| Aug, 2024 | 1.74% | 1.74% | $139,029 | $63,751 | MTUM,IAU,VNQ,BIL |
| Jul, 2024 | 0.33% | 0.33% | $136,658 | $62,663 | MTUM,IAU,VBR,BIL |
| Jun, 2024 | 3.10% | 3.10% | $136,202 | $62,454 | QQQ,MTUM,IAU |
| May, 2024 | 4.43% | 4.43% | $132,108 | $60,577 | QQQ,MTUM,VBR |
| Apr, 2024 | -5.24% | -5.24% | $126,504 | $58,007 | QQQ,MTUM,IAU |
| Mar, 2024 | 2.33% | 2.33% | $133,504 | $61,217 | QQQ,MTUM,VBR |
| Feb, 2024 | 6.03% | 6.03% | $130,465 | $59,824 | QQQ,MTUM,VBK |
| Jan, 2024 | -1.06% | -1.06% | $123,050 | $56,423 | QQQ,VTV,MTUM |
| Dec, 2023 | 4.19% | 4.19% | $124,369 | $57,028 | QQQ,VBR,VBK |
| Nov, 2023 | 2.87% | 2.87% | $119,363 | $54,733 | QQQ,IAU,VEA |
| Oct, 2023 | -1.93% | -1.93% | $116,028 | $53,203 | QQQ,GSG,IAU |
| Sep, 2023 | -2.06% | -2.06% | $118,308 | $54,249 | QQQ,GSG,BIL |
| Aug, 2023 | -3.01% | -3.01% | $120,792 | $55,388 | QQQ,GSG,MTUM |
| Jul, 2023 | 3.75% | 3.75% | $124,543 | $57,108 | QQQ,VBK,VBR |
| Jun, 2023 | 2.74% | 2.74% | $120,045 | $55,046 | VEA,QQQ,VBK |
| May, 2023 | 0.63% | 0.63% | $116,845 | $53,578 | IAU,VEA,QQQ |
| Apr, 2023 | 1.37% | 1.37% | $116,112 | $53,242 | IAU,VEA,QQQ |
| Mar, 2023 | 1.69% | 1.69% | $114,544 | $52,523 | IAU,VEA,QQQ |
| Feb, 2023 | -3.73% | -3.73% | $112,640 | $51,650 | IAU,VEA,VBR |
| Jan, 2023 | 2.98% | 2.98% | $117,009 | $53,653 | IAU,VEA,VBR |
| Dec, 2022 | -2.91% | -2.91% | $113,625 | $52,102 | VTV,IAU,BIL |
| Nov, 2022 | 2.21% | 2.21% | $117,035 | $53,665 | VTV,VBR,BIL |
| Oct, 2022 | 0.16% | 0.16% | $114,507 | $52,506 | VTV,BIL |
| Sep, 2022 | -3.01% | -3.00% | $114,325 | $52,423 | BIL |
| Aug, 2022 | -1.15% | -1.14% | $117,878 | $54,042 | GSG,BIL |
| Jul, 2022 | -0.29% | -0.29% | $119,250 | $54,667 | GSG,BIL |
| Jun, 2022 | -5.98% | -5.97% | $119,601 | $54,828 | GSG,BIL |
| May, 2022 | 1.46% | 1.39% | $127,214 | $58,307 | GSG,VTV,BIL |
| Apr, 2022 | -0.28% | -0.25% | $125,380 | $57,509 | GSG,IAU,BIL |
| Mar, 2022 | 4.85% | 4.80% | $125,737 | $57,655 | GSG,VTV,IAU |
| Feb, 2022 | 1.68% | 1.60% | $119,920 | $55,014 | GSG,VTV,IAU |
| Jan, 2022 | -2.18% | -2.49% | $117,943 | $54,145 | GSG,VNQ,VTV |
| Dec, 2021 | 5.87% | -4.76% | $120,566 | $55,528 | GSG,QQQ,VNQ,BIL |
| Nov, 2021 | -3.85% | -3.83% | $113,880 | $58,304 | GSG,QQQ,VNQ,BIL |
| Oct, 2021 | 5.86% | 5.85% | $118,445 | $60,626 | VBR,GSG,QQQ,BIL |
| Sep, 2021 | -4.64% | -4.65% | $111,892 | $57,274 | VBR,VNQ,GSG |
| Aug, 2021 | 0.56% | 0.58% | $117,340 | $60,068 | VBR,VNQ,QQQ,BIL |
| Jul, 2021 | 0.85% | 0.85% | $116,681 | $59,719 | VBR,GSG,VNQ,BIL |
| Jun, 2021 | 0.59% | 0.56% | $115,695 | $59,218 | VBR,GSG,QQQ |
| May, 2021 | 0.57% | 0.56% | $115,018 | $58,886 | VBR,GSG,VTV,BIL |
| Apr, 2021 | 3.70% | 3.70% | $114,363 | $58,557 | VBK,VBR,GSG |
| Mar, 2021 | 0.56% | 0.57% | $110,287 | $56,469 | VBK,VBR,VTV |
| Feb, 2021 | 3.65% | 3.68% | $109,678 | $56,149 | VBK,VBR,VWO |
| Jan, 2021 | 1.47% | 1.48% | $105,817 | $54,154 | QQQ,VBK,VBR |
| Dec, 2020 | 5.64% | 3.72% | $104,280 | $53,362 | QQQ,VBK,VBR |
| Nov, 2020 | 12.04% | 12.04% | $98,711 | $51,446 | QQQ,MTUM,VBK,BIL |
| Oct, 2020 | -2.09% | -2.09% | $88,105 | $45,918 | QQQ,MTUM,VBK,BIL |
| Sep, 2020 | -4.58% | -4.58% | $89,984 | $46,897 | QQQ,MTUM,VBK,BIL |
| Aug, 2020 | 1.85% | 1.86% | $94,300 | $49,147 | IAU,QQQ,MTUM |
| Jul, 2020 | 7.49% | 7.49% | $92,584 | $48,252 | VGLT,IAU,QQQ |
| Jun, 2020 | 3.05% | 3.05% | $86,134 | $44,890 | VGLT,IAU,QQQ |
| May, 2020 | 2.26% | 2.26% | $83,584 | $43,561 | VGLT,IAU,QQQ |
| Apr, 2020 | 2.55% | 2.55% | $81,738 | $42,598 | VGLT,IAU,QQQ |
| Mar, 2020 | -0.24% | -0.25% | $79,708 | $41,540 | VGLT,IAU,VGIT |
| Feb, 2020 | -2.43% | -2.44% | $79,903 | $41,643 | QQQ,VGLT,IAU |
| Jan, 2020 | -0.92% | -0.96% | $81,897 | $42,683 | QQQ,MTUM,VGLT |
| Dec, 2019 | 2.68% | -0.78% | $82,660 | $43,096 | QQQ,VBK,VWO |
| Nov, 2019 | -1.67% | -1.67% | $80,505 | $43,434 | QQQ,VBK,VTV |
| Oct, 2019 | 0.84% | 0.84% | $81,876 | $44,173 | VGLT,IAU,VNQ |
| Sep, 2019 | -1.35% | -1.35% | $81,196 | $43,807 | VGLT,IAU,VNQ |
| Aug, 2019 | 6.20% | 6.20% | $82,311 | $44,408 | VGLT,IAU,VNQ |
| Jul, 2019 | 1.96% | 1.96% | $77,504 | $41,815 | MTUM,VGLT,IAU,BIL |
| Jun, 2019 | 1.64% | 1.64% | $76,013 | $41,010 | QQQ,VBK,MTUM |
| May, 2019 | -4.80% | -4.81% | $74,788 | $40,349 | VNQ,VCIT,VGLT |
| Apr, 2019 | 2.81% | 2.82% | $78,559 | $42,386 | VNQ,VBK,QQQ |
| Mar, 2019 | 1.00% | 0.99% | $76,410 | $41,224 | VNQ,VBK,QQQ |
| Feb, 2019 | -0.32% | -0.32% | $75,655 | $40,819 | IAU,VNQ,VBK |
| Jan, 2019 | 1.26% | 1.27% | $75,894 | $40,951 | IAU,VGLT,VNQ,BIL |
| Dec, 2018 | -5.01% | -7.17% | $74,953 | $40,439 | VGIT,IAU,VGLT |
| Nov, 2018 | 0.19% | 0.19% | $78,903 | $43,562 | VTV,VGIT,VNQ |
| Oct, 2018 | -9.96% | -9.96% | $78,756 | $43,481 | BIL |
| Sep, 2018 | -0.22% | -0.22% | $87,464 | $48,289 | QQQ,VBK,MTUM |
| Aug, 2018 | 6.22% | 6.22% | $87,655 | $48,394 | QQQ,VBK,MTUM |
| Jul, 2018 | 0.14% | 0.15% | $82,523 | $45,561 | QQQ,VBK,MTUM |
| Jun, 2018 | 1.17% | 1.17% | $82,411 | $45,492 | QQQ,GSG,VBK,BIL |
| May, 2018 | 3.58% | 3.59% | $81,454 | $44,966 | QQQ,GSG,VBK,BIL |
| Apr, 2018 | -0.56% | -0.57% | $78,640 | $43,409 | QQQ,MTUM,GSG |
| Mar, 2018 | -2.63% | -2.65% | $79,079 | $43,659 | QQQ,MTUM,VWO |
| Feb, 2018 | -2.67% | -2.71% | $81,218 | $44,847 | QQQ,MTUM,VWO |
| Jan, 2018 | 8.51% | 8.60% | $83,447 | $46,097 | QQQ,MTUM,VWO |
| Dec, 2017 | 0.32% | -3.28% | $76,906 | $42,447 | QQQ,MTUM,VWO |
| Nov, 2017 | 2.61% | 2.62% | $76,658 | $43,885 | QQQ,MTUM,VBK |
| Oct, 2017 | 3.82% | 3.82% | $74,704 | $42,767 | QQQ,MTUM,VBK |
| Sep, 2017 | 0.69% | 0.69% | $71,955 | $41,193 | QQQ,MTUM,VEA |
| Aug, 2017 | 2.17% | 2.17% | $71,459 | $40,909 | QQQ,MTUM,VWO |
| Jul, 2017 | 3.47% | 3.47% | $69,940 | $40,039 | QQQ,MTUM,VWO |
| Jun, 2017 | -0.44% | -0.44% | $67,595 | $38,697 | QQQ,MTUM,VEA |
| May, 2017 | 2.99% | 2.98% | $67,894 | $38,868 | QQQ,MTUM,VEA |
| Apr, 2017 | 1.54% | 1.54% | $65,925 | $37,741 | QQQ,VBK,MTUM,BIL |
| Mar, 2017 | 0.09% | 0.09% | $64,926 | $37,169 | VBR,QQQ,VWO,BIL |
| Feb, 2017 | 2.76% | 2.76% | $64,870 | $37,137 | VTV,VBR,QQQ |
| Jan, 2017 | -0.11% | -0.11% | $63,125 | $36,139 | VTV,VBR,VBK |
| Dec, 2016 | 2.11% | 2.00% | $63,193 | $36,178 | VTV,VBR,GSG |
| Nov, 2016 | 0.68% | 0.68% | $61,885 | $35,468 | VTV,VBR,VBK |
| Oct, 2016 | -1.33% | -1.33% | $61,470 | $35,230 | VWO,QQQ,VTV |
| Sep, 2016 | 0.16% | 0.16% | $62,298 | $35,705 | VWO,VBR,QQQ,BIL |
| Aug, 2016 | -2.70% | -2.70% | $62,197 | $35,647 | VNQ,VWO,VBR |
| Jul, 2016 | 2.81% | 2.81% | $63,921 | $36,635 | VNQ,VGLT,IAU,BIL |
| Jun, 2016 | 5.39% | 5.39% | $62,175 | $35,635 | VNQ,VGLT,IAU,BIL |
| May, 2016 | -2.11% | -2.11% | $58,994 | $33,812 | IGOV,VNQ,VGLT |
| Apr, 2016 | 1.42% | 1.42% | $60,264 | $34,540 | IGOV,IAU,VNQ,BIL |
| Mar, 2016 | 1.02% | 1.02% | $59,418 | $34,055 | IGOV,IAU,VNQ,BIL |
| Feb, 2016 | 1.54% | 1.54% | $58,817 | $33,710 | VGLT,IGOV,IAU |
| Jan, 2016 | -4.70% | -4.72% | $57,923 | $33,197 | VCIT,VGIT,VGLT |
| Dec, 2015 | 0.02% | -1.21% | $60,782 | $34,841 | QQQ,MTUM,VNQ |
| Nov, 2015 | 0.17% | 0.17% | $60,768 | $35,269 | QQQ,MTUM,VNQ |
| Oct, 2015 | -0.35% | -0.35% | $60,663 | $35,209 | QQQ,MTUM,VNQ |
| Sep, 2015 | 0.37% | 0.37% | $60,873 | $35,331 | VGIT,VGLT,BIL |
| Aug, 2015 | -6.56% | -6.56% | $60,646 | $35,199 | VGIT,BIL |
| Jul, 2015 | 3.08% | 3.08% | $64,906 | $37,671 | MTUM,QQQ,VBK |
| Jun, 2015 | -1.00% | -1.00% | $62,967 | $36,545 | MTUM,QQQ,VBK |
| May, 2015 | 0.89% | 0.89% | $63,604 | $36,915 | MTUM,QQQ,VBK |
| Apr, 2015 | -3.25% | -3.27% | $63,046 | $36,591 | MTUM,QQQ,VWO |
| Mar, 2015 | -0.52% | -0.49% | $65,162 | $37,827 | VNQ,MTUM,VGLT |
| Feb, 2015 | -1.17% | -1.20% | $65,502 | $38,015 | VNQ,MTUM,QQQ |
| Jan, 2015 | 4.13% | 4.16% | $66,280 | $38,475 | VNQ,VGLT,MTUM,BIL |
| Dec, 2014 | -0.46% | -4.99% | $63,650 | $36,939 | QQQ,VNQ,VGLT |
| Nov, 2014 | 3.46% | 3.47% | $63,945 | $38,880 | QQQ,MTUM,VNQ |
| Oct, 2014 | 2.26% | 2.26% | $61,804 | $37,576 | QQQ,MTUM,VNQ |
| Sep, 2014 | -4.54% | -4.49% | $60,440 | $36,746 | QQQ,VTV,MTUM |
| Aug, 2014 | 3.98% | 3.99% | $63,313 | $38,473 | QQQ,VNQ,VWO |
| Jul, 2014 | -1.14% | -1.10% | $60,888 | $36,997 | QQQ,VNQ,VWO |
| Jun, 2014 | 2.06% | 2.07% | $61,593 | $37,408 | QQQ,VNQ,VBR |
| May, 2014 | 2.50% | 2.52% | $60,350 | $36,649 | QQQ,VTV,VNQ,BIL |
| Apr, 2014 | -0.21% | -0.22% | $58,880 | $35,748 | VBR,QQQ,VTV |
| Mar, 2014 | -1.21% | -1.24% | $59,005 | $35,828 | VBR,QQQ,VTV |
| Feb, 2014 | 5.05% | 5.11% | $59,730 | $36,277 | VBR,VBK,QQQ,BIL |
| Jan, 2014 | -1.95% | -1.97% | $56,857 | $34,515 | VBR,VBK,QQQ,BIL |
| Dec, 2013 | 2.71% | -1.34% | $57,987 | $35,207 | VBR,VBK,QQQ,BIL |
| Nov, 2013 | 2.96% | 2.95% | $56,456 | $35,684 | VBR,VBK,QQQ,BIL |
| Oct, 2013 | 3.19% | 3.18% | $54,835 | $34,660 | VBR,VBK,QQQ,BIL |
| Sep, 2013 | 4.53% | 4.52% | $53,141 | $33,591 | VBR,VBK,VEA,BIL |
| Aug, 2013 | -3.28% | -3.29% | $50,839 | $32,138 | VTV,VBR,VBK |
| Jul, 2013 | 6.31% | 6.31% | $52,564 | $33,230 | VTV,VBR,VBK |
| Jun, 2013 | -1.08% | -1.08% | $49,442 | $31,257 | VTV,VBR,VBK |
| May, 2013 | -2.11% | -2.09% | $49,981 | $31,597 | VTV,VBR,VBK |
| Apr, 2013 | 0.64% | 0.64% | $51,056 | $32,272 | VTV,VEA,VNQ |
| Mar, 2013 | 4.48% | 4.47% | $50,732 | $32,066 | VBR,VBK,VTV,BIL |
| Feb, 2013 | 0.46% | 0.45% | $48,556 | $30,693 | VBR,VBK,VTV,BIL |
| Jan, 2013 | 3.52% | 3.54% | $48,334 | $30,554 | VBR,VEA,VBK |
| Dec, 2012 | 3.42% | 0.85% | $46,689 | $29,511 | VBR,VEA,VWO |
| Nov, 2012 | 0.15% | 0.15% | $45,146 | $29,261 | VBR,VEA,VBK |
| Oct, 2012 | -2.78% | -2.78% | $45,080 | $29,219 | VBR,VTV,VCIT |
| Sep, 2012 | 0.65% | 0.65% | $46,371 | $30,055 | QQQ,VBR,VBK |
| Aug, 2012 | -0.13% | -0.13% | $46,070 | $29,860 | VNQ,QQQ,VTV,BIL |
| Jul, 2012 | 2.09% | 2.09% | $46,130 | $29,899 | VNQ,VGLT,VCIT |
| Jun, 2012 | 1.42% | 1.42% | $45,187 | $29,288 | VNQ,VGLT,QQQ |
| May, 2012 | -1.24% | -1.24% | $44,555 | $28,878 | VNQ,VGLT,VCIT |
| Apr, 2012 | 0.17% | 0.17% | $45,116 | $29,242 | QQQ,VNQ,VGLT,BIL |
| Mar, 2012 | 1.00% | 1.00% | $45,041 | $29,193 | QQQ,VBK,VNQ |
| Feb, 2012 | -2.04% | -2.04% | $44,595 | $28,905 | VGLT,QQQ,VBK |
| Jan, 2012 | 3.00% | 3.01% | $45,523 | $29,505 | VGLT,VNQ,IAU |
| Dec, 2011 | -2.63% | -3.56% | $44,197 | $28,642 | VGLT,VCIT,VNQ |
| Nov, 2011 | 0.44% | 0.44% | $45,390 | $29,698 | IAU,VGLT,VGIT |
| Oct, 2011 | 0.61% | 0.61% | $45,192 | $29,569 | IAU,VGLT,QQQ |
| Sep, 2011 | -2.71% | -2.71% | $44,918 | $29,391 | IAU,VGLT,VGIT |
| Aug, 2011 | 0.62% | 0.71% | $46,171 | $30,208 | IAU,IGOV,VGLT |
| Jul, 2011 | -1.70% | -1.79% | $45,887 | $29,996 | VNQ,QQQ,IAU,BIL |
| Jun, 2011 | -2.15% | -2.13% | $46,681 | $30,542 | VBK,VEA,VNQ |
| May, 2011 | -3.42% | -3.42% | $47,708 | $31,207 | VBK,VEA,VNQ |
| Apr, 2011 | 3.30% | 3.32% | $49,399 | $32,312 | VBK,GSG,IAU |
| Mar, 2011 | 1.03% | 1.05% | $47,820 | $31,275 | VBK,VBR,GSG |
| Feb, 2011 | 4.59% | 4.66% | $47,334 | $30,948 | VBK,VNQ,VBR |
| Jan, 2011 | 1.32% | 1.32% | $45,257 | $29,570 | QQQ,VBK,VNQ,BIL |
| Dec, 2010 | 6.63% | -1.80% | $44,666 | $29,184 | QQQ,VBR,VBK,BIL |
| Nov, 2010 | -0.15% | -0.16% | $41,889 | $29,719 | QQQ,VBR,VBK,BIL |
| Oct, 2010 | 3.95% | 3.96% | $41,951 | $29,766 | VNQ,IAU,QQQ |
| Sep, 2010 | 2.62% | 2.66% | $40,356 | $28,631 | VNQ,IAU,VWO |
| Aug, 2010 | 0.68% | 0.62% | $39,328 | $27,889 | VNQ,VGLT,IAU |
| Jul, 2010 | 1.86% | 1.93% | $39,064 | $27,717 | VNQ,VGLT,VWO |
| Jun, 2010 | -6.55% | -6.54% | $38,350 | $27,193 | VNQ,IAU,VGLT |
| May, 2010 | -6.70% | -6.68% | $41,039 | $29,095 | VNQ,VBR,VBK,BIL |
| Apr, 2010 | 5.99% | 5.99% | $43,986 | $31,179 | VNQ,VBR,VBK,BIL |
| Mar, 2010 | 8.89% | 8.90% | $41,502 | $29,415 | VNQ,VBR,VBK,BIL |
| Feb, 2010 | 3.95% | 4.03% | $38,114 | $27,011 | VWO,VNQ,VBR |
| Jan, 2010 | -7.40% | -7.49% | $36,667 | $25,965 | VWO,VNQ,QQQ |
| Dec, 2009 | 1.41% | -3.52% | $39,599 | $28,068 | VWO,VNQ,QQQ |
| Nov, 2009 | 7.28% | 7.28% | $39,047 | $29,093 | VWO,IAU,VNQ |
| Oct, 2009 | -2.57% | -2.57% | $36,397 | $27,117 | VWO,VEA,IAU |
| Sep, 2009 | 7.22% | 7.22% | $37,357 | $27,833 | VWO,VNQ,VEA |
| Aug, 2009 | 1.31% | 1.31% | $34,841 | $25,959 | VWO,VBR,VNQ |
| Jul, 2009 | 9.63% | 9.63% | $34,389 | $25,622 | VWO,QQQ,VEA |
| Jun, 2009 | -2.96% | -2.96% | $31,368 | $23,371 | VWO,QQQ,VBK |
| May, 2009 | 9.78% | 9.78% | $32,325 | $24,084 | IAU,VWO,VEA |
| Apr, 2009 | -0.91% | -0.91% | $29,444 | $21,939 | IGOV,IAU,VWO |
| Mar, 2009 | 0.07% | 0.07% | $29,714 | $22,140 | IGOV,IAU,BIL |
| Feb, 2009 | 0.23% | 0.23% | $29,693 | $22,124 | IGOV,IAU,BIL |
| Jan, 2009 | 1.38% | 1.38% | $29,626 | $22,074 | IGOV,IAU,BIL |
| Dec, 2008 | 3.32% | 2.97% | $29,223 | $21,773 | IGOV,IAU,BIL |
| Nov, 2008 | 3.64% | 3.64% | $28,283 | $21,145 | IGOV,BIL |
| Oct, 2008 | -12.27% | -12.27% | $27,289 | $20,402 | BIL |
| Sep, 2008 | -4.96% | -4.96% | $31,104 | $23,254 | VNQ,BIL |
| Aug, 2008 | -5.40% | -5.40% | $32,729 | $24,469 | IGOV,VBK,BIL |
| Jul, 2008 | -5.46% | -5.59% | $34,597 | $25,867 | IAU,GSG,IGOV |
| Jun, 2008 | 1.32% | 1.41% | $36,597 | $27,398 | IAU,GSG,IGOV |
| May, 2008 | 1.78% | 1.80% | $36,120 | $27,017 | IAU,GSG,VWO |
| Apr, 2008 | -0.79% | -0.74% | $35,487 | $26,539 | IAU,GSG,VWO |
| Mar, 2008 | -6.05% | -6.08% | $35,770 | $26,738 | IAU,GSG,IGOV |
| Feb, 2008 | 6.57% | 6.68% | $38,074 | $28,468 | IAU,GSG,VWO |
| Jan, 2008 | 1.71% | 1.57% | $35,726 | $26,686 | IAU,GSG,IGOV |
| Dec, 2007 | 2.71% | -2.27% | $35,124 | $26,274 | VWO,IAU,GSG |
| Nov, 2007 | -5.84% | -5.92% | $34,196 | $26,884 | VWO,IAU,GSG |
| Oct, 2007 | 9.06% | 9.13% | $36,318 | $28,577 | VWO,QQQ,IAU |
| Sep, 2007 | 7.38% | 7.50% | $33,300 | $26,186 | VWO,QQQ,IAU |
| Aug, 2007 | 0.46% | 0.43% | $31,012 | $24,358 | VEA,VWO,QQQ,BIL |
| Jul, 2007 | 1.32% | 1.37% | $30,871 | $24,254 | VEA,VWO,QQQ,BIL |
| Jun, 2007 | 1.04% | 1.10% | $30,467 | $23,926 | VEA,VWO,QQQ,BIL |
| May, 2007 | 4.05% | 4.14% | $30,154 | $23,666 | VEA,VWO,VTV,BIL |
| Apr, 2007 | 2.42% | 2.48% | $28,980 | $22,726 | VEA,VWO,VTV,BIL |
| Mar, 2007 | 1.37% | 1.41% | $28,295 | $22,177 | VEA,VNQ,VWO,BIL |
| Feb, 2007 | -1.36% | -1.39% | $27,912 | $21,869 | VEA,VNQ,VWO,BIL |
| Jan, 2007 | 3.07% | 3.12% | $28,298 | $22,178 | VEA,VNQ,VWO,BIL |
| Dec, 2006 | 1.48% | -5.36% | $27,455 | $21,508 | VEA,VNQ,VWO,BIL |
| Nov, 2006 | 5.18% | 5.18% | $27,055 | $22,726 | VEA,VNQ,VWO,BIL |
| Oct, 2006 | 4.28% | 4.28% | $25,723 | $21,607 | VEA,VNQ,VWO,BIL |
| Sep, 2006 | -0.80% | -0.80% | $24,668 | $20,721 | VEA,VNQ,VTV,BIL |
| Aug, 2006 | 1.42% | 1.42% | $24,866 | $20,887 | IAU,VEA,VNQ,BIL |
| Jul, 2006 | 2.78% | 2.78% | $24,517 | $20,594 | IAU,VEA,VNQ,BIL |
| Jun, 2006 | -1.84% | -1.84% | $23,855 | $20,038 | IAU,VEA,VNQ,BIL |
| May, 2006 | -6.04% | -6.04% | $24,303 | $20,414 | VWO,IAU,VEA |
| Apr, 2006 | 5.97% | 5.97% | $25,865 | $21,726 | VWO,IAU,VEA |
| Mar, 2006 | 2.89% | 2.89% | $24,407 | $20,502 | VWO,IAU,VNQ |
| Feb, 2006 | -1.16% | -1.16% | $23,721 | $19,925 | VWO,IAU,VNQ |
| Jan, 2006 | 9.78% | 9.78% | $24,000 | $20,159 | VWO,VEA,IAU |
| Dec, 2005 | 5.54% | 5.54% | $21,861 | $18,363 | VWO,VEA,IAU |
| Nov, 2005 | 5.85% | 5.85% | $20,714 | $17,399 | VWO,VEA,IAU |
| Oct, 2005 | -6.12% | -6.12% | $19,568 | $16,437 | VWO,VEA,IAU |
| Sep, 2005 | 4.48% | 4.48% | $20,844 | $17,509 | VWO,GSG,VEA |
| Aug, 2005 | -0.68% | -0.68% | $19,950 | $16,758 | VWO,VBK,GSG,BIL |
| Jul, 2005 | 4.11% | 4.11% | $20,087 | $16,873 | VWO,VBR,VBK |
| Jun, 2005 | 2.81% | 2.81% | $19,294 | $16,207 | VWO,VBR,IAU |
| May, 2005 | 0.06% | 0.10% | $18,766 | $15,764 | VWO,VBR,VTV |
| Apr, 2005 | -3.02% | -3.00% | $18,755 | $15,748 | VWO,VEA,IAU |
| Mar, 2005 | -4.02% | -4.06% | $19,339 | $16,235 | VWO,VEA,GSG |
| Feb, 2005 | 5.46% | 5.52% | $20,150 | $16,923 | VWO,VBR,VEA |
| Jan, 2005 | -1.78% | -1.82% | $19,107 | $16,037 | VWO,VBR,VEA |
| Dec, 2004 | 1.80% | -3.45% | $19,453 | $16,334 | VWO,VBR,VEA |
| Nov, 2004 | 6.36% | 6.36% | $19,109 | $16,918 | VWO,IAU,VBR |
| Oct, 2004 | 2.35% | 2.35% | $17,966 | $15,906 | GSG,VWO,IAU |
| Sep, 2004 | 3.58% | 3.58% | $17,554 | $15,541 | GSG,VWO,IAU |
| Aug, 2004 | 1.27% | 1.27% | $16,947 | $15,004 | VBR,GSG,VTV |
| Jul, 2004 | -5.03% | -5.03% | $16,734 | $14,815 | VBR,GSG,BIL |
| Jun, 2004 | -0.71% | -0.70% | $17,620 | $15,599 | VEA,VBR,VBK |
| May, 2004 | 0.85% | 0.84% | $17,745 | $15,710 | VWO,VEA,GSG |
| Apr, 2004 | -10.04% | -10.15% | $17,596 | $15,579 | VWO,VEA,GSG |
| Mar, 2004 | 0.86% | 0.85% | $19,560 | $17,337 | VWO,VBR,IAU |
| Feb, 2004 | 2.33% | 2.35% | $19,394 | $17,192 | VWO,VEA,VBR |
| Jan, 2004 | -0.87% | -0.90% | $18,951 | $16,797 | VWO,VEA,VBK |
| Dec, 2003 | 2.91% | -2.05% | $19,117 | $16,949 | VWO,IAU,VEA |
| Nov, 2003 | 5.37% | 5.38% | $18,576 | $17,303 | VBK,VWO,IAU |
| Oct, 2003 | 9.46% | 9.46% | $17,628 | $16,420 | VBK,VWO,IAU |
| Sep, 2003 | 1.07% | 1.07% | $16,104 | $15,001 | VBK,VWO,IAU |
| Aug, 2003 | 8.48% | 8.48% | $15,934 | $14,842 | VBK,VWO,IAU |
| Jul, 2003 | 4.66% | 4.71% | $14,689 | $13,682 | VBK,VWO,IAU |
| Jun, 2003 | 2.00% | 2.01% | $14,035 | $13,066 | VTV,VBK,VWO,BIL |
| May, 2003 | 5.20% | 5.27% | $13,760 | $12,808 | VTV,VBK,IAU,BIL |
| Apr, 2003 | 0.87% | 0.87% | $13,081 | $12,166 | IGOV,VWO,VTV |
| Mar, 2003 | -2.10% | -2.11% | $12,968 | $12,062 | IGOV,BIL |
| Feb, 2003 | -0.88% | -0.88% | $13,246 | $12,322 | IGOV,IAU,BIL |
| Jan, 2003 | 1.14% | 1.14% | $13,364 | $12,432 | IGOV,IAU,BIL |
| Dec, 2002 | 2.07% | 0.23% | $13,214 | $12,292 | IGOV,IAU,BIL |
| Nov, 2002 | 0.02% | 0.02% | $12,945 | $12,264 | IGOV,BIL |
| Oct, 2002 | -0.61% | -0.61% | $12,942 | $12,261 | IGOV,BIL |
| Sep, 2002 | 0.25% | 0.25% | $13,022 | $12,336 | IGOV,BIL |
| Aug, 2002 | 1.66% | 1.66% | $12,990 | $12,306 | IGOV,IAU,BIL |
| Jul, 2002 | -11.36% | -11.55% | $12,777 | $12,105 | IGOV,BIL |
| Jun, 2002 | -8.71% | -8.83% | $14,415 | $13,686 | IAU,VBR,IGOV |
| May, 2002 | 3.78% | 3.94% | $15,791 | $15,011 | IAU,VBR,VWO |
| Apr, 2002 | 2.88% | 2.91% | $15,215 | $14,442 | IAU,VBR,VWO |
| Mar, 2002 | 6.89% | 6.97% | $14,790 | $14,034 | IAU,VBR,VWO |
| Feb, 2002 | 3.26% | 3.32% | $13,837 | $13,120 | IAU,VBR,VWO |
| Jan, 2002 | 4.39% | 4.48% | $13,401 | $12,698 | IAU,VBR,VWO |
| Dec, 2001 | 3.60% | 3.01% | $12,837 | $12,154 | IAU,VBR,VWO |
| Nov, 2001 | -0.49% | -0.45% | $12,391 | $11,798 | IGOV,IAU,VBR,BIL |
| Oct, 2001 | 1.25% | 1.23% | $12,453 | $11,851 | IGOV,IAU,BIL |
| Sep, 2001 | -4.34% | -4.16% | $12,299 | $11,708 | IGOV,IAU,BIL |
| Aug, 2001 | 0.84% | 0.89% | $12,857 | $12,216 | VBR,IGOV,IAU |
| Jul, 2001 | -1.75% | -1.82% | $12,750 | $12,108 | VBR,IGOV,IAU |
| Jun, 2001 | 1.18% | 1.12% | $12,977 | $12,332 | VBR,IGOV,IAU |
| May, 2001 | 3.29% | 3.34% | $12,826 | $12,196 | VBR,IGOV,IAU |
| Apr, 2001 | 2.07% | 2.01% | $12,417 | $11,802 | VBR,IGOV,IAU |
| Mar, 2001 | -5.91% | -6.03% | $12,166 | $11,569 | VBR,IGOV,BIL |
| Feb, 2001 | -2.41% | -2.32% | $12,931 | $12,312 | VBR,IAU,IGOV |
| Jan, 2001 | 3.23% | 3.15% | $13,250 | $12,604 | VBR,IAU,VTV |
| Dec, 2000 | 8.72% | 7.49% | $12,835 | $12,219 | VBR,IGOV,IAU |
| Nov, 2000 | -8.80% | -8.78% | $11,806 | $11,368 | VBR,IGOV,IAU |
| Oct, 2000 | 1.09% | 1.10% | $12,944 | $12,462 | VBR,VBK,VTV |
| Sep, 2000 | -4.18% | -4.17% | $12,805 | $12,327 | VBR,VBK,VTV |
| Aug, 2000 | 3.25% | 3.22% | $13,363 | $12,863 | VBR,VBK,IAU,BIL |
| Jul, 2000 | -3.33% | -3.39% | $12,942 | $12,462 | VBR,IGOV,BIL |
| Jun, 2000 | 2.33% | 2.39% | $13,388 | $12,900 | VBK,VEA,VBR |
| May, 2000 | -2.93% | -2.99% | $13,083 | $12,599 | VBK,VTV,BIL |
| Apr, 2000 | -5.56% | -5.60% | $13,478 | $12,987 | VEA,VBK,VBR,BIL |
| Mar, 2000 | -2.47% | -2.52% | $14,271 | $13,758 | VWO,VEA,VBK |
| Feb, 2000 | 8.98% | 9.15% | $14,632 | $14,113 | VWO,VEA,VBK |
| Jan, 2000 | -4.15% | -4.19% | $13,426 | $12,930 | VWO,VEA,VBK |
| Dec, 1999 | 10.13% | 6.11% | $14,007 | $13,495 | VWO,VEA,VBK |
| Nov, 1999 | 6.07% | 6.07% | $12,719 | $12,719 | VWO,VEA,IAU |
| Oct, 1999 | -0.93% | -0.93% | $11,991 | $11,991 | VWO,VEA,VBK |
| Sep, 1999 | 6.54% | 6.54% | $12,104 | $12,104 | VWO,IAU,VEA |
| Aug, 1999 | -0.52% | -0.52% | $11,360 | $11,360 | VWO,IAU,VEA |
| Jul, 1999 | -2.51% | -2.51% | $11,420 | $11,420 | VWO,IAU,VEA |
| Jun, 1999 | 6.06% | 6.06% | $11,714 | $11,714 | VTV,VWO,IAU |
| May, 1999 | -3.67% | -3.67% | $11,045 | $11,045 | VTV,VWO,VBR |
| Apr, 1999 | 9.82% | 9.82% | $11,466 | $11,466 | VEA,VTV,VWO,BIL |
| Mar, 1999 | 6.56% | 6.56% | $10,440 | $10,440 | VEA,VTV,VWO,BIL |
| Feb, 1999 | -2.03% | -2.03% | $9,797 | $9,797 | VEA,VTV,VWO,BIL |
| Jan, 1999 | - | - | $10,000 | $10,000 | VEA,VTV,IGOV |
📝 Methodology: All returns calculated with lot-level FIFO accounting.
- Short-term capital gains (≤ 1 year): 40.8% tax rate
- Long-term capital gains (> 1 year): 23.8% tax rate
- Tax loss carryover across years
- Year-end tax payments with position liquidation if needed
- Annual returns show within-year performance (Jan-Dec)