gtaa6
v2_equal_weight
Strategy Description
GTAA AGG 6 V2 - Equal Weight Monthly Rebalancing (200-Day MA) | Proper after-tax compounding. 15 assets (Original 13 + QQQ + MTUM). Uses 200-day MA filter with 1,3,6,12-month ROC. Rebalances to 1/6 per position monthly.
Universe: ["GSG", "IAU", "VBK", "VWO", "VBR", "VEA", "VTV", "VCIT", "VGIT", "IGOV", "EFA", "QQQ", "VNQ", "MTUM", "VGLT"]
Rebalance Frequency: on_signal_change | Period: May 31, 1997 to May 31, 2026 | Top N: 6
Portfolio Value Over Time
After-tax performance
Performance Summary
29.0 years of data
| Metric | Value |
|---|---|
| Period | May 31, 1997 to May 31, 2026 (29.0 years) |
| After-Tax CAGR | 7.29% |
| Pre-Tax CAGR | 9.87% |
| Tax Drag | 2.58% |
| Final Value (After-Tax) | $76,857 (from $10,000) |
| Final Value (Pre-Tax) | $153,255 |
| Total Taxes Paid | $25,745 |
| Effective Tax Rate | 18.0% on gains |
| Maximum Drawdown | -16.14% |
Drawdown Analysis
Top 5 drawdowns
| Rank | Drawdown | Peak Date | Trough Date | Recovery Date | Duration |
|---|---|---|---|---|---|
| 1 | -16.14% | Nov, 2007 | Dec, 2008 | Mar, 2010 | 28 mo |
| 2 | -14.14% | May, 2011 | Dec, 2011 | Apr, 2013 | 23 mo |
| 3 | -12.70% | Dec, 2014 | Jan, 2016 | Jul, 2017 | 31 mo |
| 4 | -12.70% | Sep, 2018 | Mar, 2020 | Dec, 2020 | 27 mo |
| 5 | -11.68% | May, 2010 | Aug, 2010 | Jan, 2011 | 8 mo |
Rolling Period Analysis
Best and worst CAGR for rolling periods
| Period | Best CAGR | Best Period | Worst CAGR | Worst Period |
|---|---|---|---|---|
| 1-Year | 37.00% | 2003-03-31 to 2004-03-31 | -15.55% | 2007-10-31 to 2008-10-31 |
| 3-Year | 19.80% | 2003-04-30 to 2006-04-30 | -0.92% | 2000-03-31 to 2003-03-31 |
| 5-Year | 17.04% | 2002-10-31 to 2007-10-31 | 0.42% | 2007-10-31 to 2012-10-31 |
| 10-Year | 11.01% | 1997-10-31 to 2007-10-31 | 3.42% | 2010-04-30 to 2020-04-30 |
Annual Returns
30 years
| Year | Pre-Tax Return | After-Tax Return | Tax Drag | Pre-Tax Value | After-Tax Value |
|---|---|---|---|---|---|
| 2026 | 12.72% | 6.57% | 6.16% | $153,255 | $76,857 |
| 2025 | 20.59% | 17.83% | 2.76% | $135,960 | $72,122 |
| 2024 | 10.39% | 10.38% | 0.01% | $112,746 | $61,210 |
| 2023 | 2.46% | 2.56% | -0.10% | $102,133 | $55,455 |
| 2022 | -4.06% | -6.26% | 2.20% | $99,682 | $54,073 |
| 2021 | 20.85% | 14.22% | 6.64% | $103,900 | $57,682 |
| 2020 | 9.07% | 9.05% | 0.01% | $85,971 | $50,502 |
| 2019 | 9.04% | 7.10% | 1.94% | $78,823 | $46,309 |
| 2018 | 0.37% | -3.73% | 4.10% | $72,287 | $43,238 |
| 2017 | 22.01% | 20.27% | 1.74% | $72,020 | $44,915 |
| 2016 | 2.47% | 2.45% | 0.02% | $59,026 | $37,345 |
| 2015 | -6.06% | -7.77% | 1.71% | $57,602 | $36,451 |
| 2014 | 9.65% | 4.80% | 4.85% | $61,319 | $39,524 |
| 2013 | 28.80% | 26.65% | 2.16% | $55,922 | $37,715 |
| 2012 | 8.27% | 5.98% | 2.29% | $43,417 | $29,780 |
| 2011 | -5.14% | -7.45% | 2.31% | $40,101 | $28,101 |
| 2010 | 11.18% | 8.61% | 2.57% | $42,272 | $30,363 |
| 2009 | 19.35% | 15.66% | 3.69% | $38,021 | $27,957 |
| 2008 | -5.25% | -5.95% | 0.70% | $31,857 | $24,171 |
| 2007 | 16.13% | 9.02% | 7.11% | $33,622 | $25,700 |
| 2006 | 25.21% | 20.12% | 5.09% | $28,952 | $23,574 |
| 2005 | 9.58% | 5.82% | 3.76% | $23,124 | $19,626 |
| 2004 | 11.78% | 7.69% | 4.10% | $21,102 | $18,546 |
| 2003 | 31.72% | 29.74% | 1.97% | $18,878 | $17,222 |
| 2002 | 0.88% | 0.59% | 0.29% | $14,332 | $13,274 |
| 2001 | 3.75% | 2.12% | 1.63% | $14,206 | $13,196 |
| 2000 | -2.18% | -4.62% | 2.44% | $13,693 | $12,921 |
| 1999 | 29.64% | 26.34% | 3.30% | $13,998 | $13,548 |
| 1998 | 5.36% | 4.72% | 0.64% | $10,798 | $10,723 |
| 1997 | 2.48% | 2.40% | 0.08% | $10,248 | $10,240 |
Monthly Returns
Last 120 months | 349 total
| Date | Pre-Tax Return | After-Tax Return | Pre-Tax Value | After-Tax Value | Holdings |
|---|---|---|---|---|---|
| May, 2026 | -0.00% | -5.49% | $153,255 | $76,857 | - |
| Apr, 2026 | 5.04% | 5.04% | $153,260 | $81,324 | - |
| Mar, 2026 | -2.67% | -2.67% | $145,908 | $77,423 | - |
| Feb, 2026 | 4.33% | 4.33% | $149,907 | $79,545 | - |
| Jan, 2026 | 5.68% | 5.71% | $143,684 | $76,243 | - |
| Dec, 2025 | 1.53% | -0.80% | $135,960 | $72,122 | - |
| Nov, 2025 | 0.72% | 0.72% | $133,915 | $72,703 | - |
| Oct, 2025 | 2.48% | 2.48% | $132,952 | $72,180 | - |
| Sep, 2025 | 4.86% | 4.86% | $129,740 | $70,436 | - |
| Aug, 2025 | 3.07% | 3.07% | $123,726 | $67,171 | - |
| Jul, 2025 | -0.80% | -0.80% | $120,042 | $65,171 | - |
| Jun, 2025 | 2.62% | 2.62% | $121,013 | $65,698 | - |
| May, 2025 | 1.50% | 1.50% | $117,922 | $64,020 | - |
| Apr, 2025 | 1.81% | 1.81% | $116,176 | $63,072 | - |
| Mar, 2025 | -0.29% | -0.29% | $114,115 | $61,953 | - |
| Feb, 2025 | -1.91% | -1.91% | $114,441 | $62,130 | - |
| Jan, 2025 | 3.47% | 3.47% | $116,664 | $63,337 | - |
| Dec, 2024 | -5.08% | -5.10% | $112,746 | $61,210 | - |
| Nov, 2024 | 5.66% | 5.66% | $118,786 | $64,498 | - |
| Oct, 2024 | -0.40% | -0.40% | $112,418 | $61,040 | - |
| Sep, 2024 | 2.48% | 2.48% | $112,873 | $61,287 | - |
| Aug, 2024 | 1.90% | 1.90% | $110,138 | $59,802 | - |
| Jul, 2024 | 1.82% | 1.82% | $108,090 | $58,690 | - |
| Jun, 2024 | 0.12% | 0.12% | $106,153 | $57,638 | - |
| May, 2024 | 3.06% | 3.06% | $106,021 | $57,566 | - |
| Apr, 2024 | -4.10% | -4.10% | $102,869 | $55,855 | - |
| Mar, 2024 | 3.67% | 3.67% | $107,266 | $58,242 | - |
| Feb, 2024 | 3.06% | 3.06% | $103,473 | $56,183 | - |
| Jan, 2024 | -1.69% | -1.69% | $100,402 | $54,515 | - |
| Dec, 2023 | 1.67% | 1.67% | $102,133 | $55,455 | - |
| Nov, 2023 | 1.29% | 1.29% | $100,456 | $54,545 | - |
| Oct, 2023 | -0.70% | -0.70% | $99,177 | $53,850 | - |
| Sep, 2023 | -2.62% | -2.62% | $99,876 | $54,230 | - |
| Aug, 2023 | -3.79% | -3.79% | $102,562 | $55,688 | - |
| Jul, 2023 | 2.35% | 2.35% | $106,608 | $57,885 | - |
| Jun, 2023 | 1.93% | 1.93% | $104,157 | $56,554 | - |
| May, 2023 | -0.59% | -0.59% | $102,188 | $55,485 | - |
| Apr, 2023 | 1.05% | 1.05% | $102,798 | $55,817 | - |
| Mar, 2023 | 0.21% | 0.21% | $101,733 | $55,238 | - |
| Feb, 2023 | -2.57% | -2.53% | $101,517 | $55,121 | - |
| Jan, 2023 | 4.52% | 4.58% | $104,192 | $56,551 | - |
| Dec, 2022 | -0.82% | -2.99% | $99,682 | $54,073 | - |
| Nov, 2022 | 0.29% | 0.29% | $100,511 | $55,741 | - |
| Oct, 2022 | 0.31% | 0.31% | $100,222 | $55,581 | - |
| Sep, 2022 | -1.00% | -1.00% | $99,912 | $55,409 | - |
| Aug, 2022 | -0.31% | -0.31% | $100,922 | $55,969 | - |
| Jul, 2022 | 0.04% | 0.04% | $101,234 | $56,142 | - |
| Jun, 2022 | -2.52% | -2.52% | $101,195 | $56,121 | - |
| May, 2022 | 0.47% | 0.47% | $103,814 | $57,573 | - |
| Apr, 2022 | -1.47% | -1.47% | $103,328 | $57,303 | - |
| Mar, 2022 | 2.04% | 2.04% | $104,870 | $58,159 | - |
| Feb, 2022 | 0.71% | 0.71% | $102,770 | $56,994 | - |
| Jan, 2022 | -1.79% | -1.89% | $102,042 | $56,590 | - |
| Dec, 2021 | 4.99% | -0.78% | $103,900 | $57,682 | - |
| Nov, 2021 | -2.79% | -2.79% | $98,965 | $58,135 | - |
| Oct, 2021 | 5.68% | 5.68% | $101,805 | $59,804 | - |
| Sep, 2021 | -1.99% | -1.99% | $96,331 | $56,588 | - |
| Aug, 2021 | 1.57% | 1.57% | $98,283 | $57,734 | - |
| Jul, 2021 | 1.10% | 1.10% | $96,763 | $56,842 | - |
| Jun, 2021 | 0.58% | 0.58% | $95,712 | $56,224 | - |
| May, 2021 | 0.74% | 0.74% | $95,158 | $55,899 | - |
| Apr, 2021 | 4.45% | 4.45% | $94,455 | $55,486 | - |
| Mar, 2021 | 1.11% | 1.11% | $90,431 | $53,122 | - |
| Feb, 2021 | 2.98% | 2.98% | $89,436 | $52,537 | - |
| Jan, 2021 | 1.02% | 1.02% | $86,846 | $51,016 | - |
| Dec, 2020 | 6.06% | 6.06% | $85,971 | $50,502 | - |
| Nov, 2020 | 5.29% | 5.29% | $81,057 | $47,615 | - |
| Oct, 2020 | -1.42% | -1.42% | $76,984 | $45,223 | - |
| Sep, 2020 | -2.45% | -2.45% | $78,093 | $45,874 | - |
| Aug, 2020 | 2.32% | 2.32% | $80,051 | $47,024 | - |
| Jul, 2020 | 5.24% | 5.24% | $78,235 | $45,958 | - |
| Jun, 2020 | 1.30% | 1.30% | $74,342 | $43,671 | - |
| May, 2020 | 0.52% | 0.52% | $73,389 | $43,111 | - |
| Apr, 2020 | 1.16% | 1.16% | $73,008 | $42,887 | - |
| Mar, 2020 | -2.38% | -2.38% | $72,174 | $42,397 | - |
| Feb, 2020 | -4.85% | -4.84% | $73,937 | $43,433 | - |
| Jan, 2020 | -1.42% | -1.44% | $77,708 | $45,642 | - |
| Dec, 2019 | 2.12% | 0.28% | $78,823 | $46,309 | - |
| Nov, 2019 | 0.32% | 0.32% | $77,187 | $46,179 | - |
| Oct, 2019 | 1.50% | 1.50% | $76,938 | $46,030 | - |
| Sep, 2019 | -0.49% | -0.49% | $75,801 | $45,350 | - |
| Aug, 2019 | 1.14% | 1.14% | $76,175 | $45,574 | - |
| Jul, 2019 | 0.76% | 0.76% | $75,317 | $45,060 | - |
| Jun, 2019 | 2.66% | 2.66% | $74,750 | $44,721 | - |
| May, 2019 | -3.51% | -3.51% | $72,814 | $43,563 | - |
| Apr, 2019 | 2.03% | 2.03% | $75,461 | $45,146 | - |
| Mar, 2019 | 1.29% | 1.29% | $73,962 | $44,250 | - |
| Feb, 2019 | -0.10% | -0.10% | $73,017 | $43,684 | - |
| Jan, 2019 | 1.11% | 1.13% | $73,089 | $43,728 | - |
| Dec, 2018 | 0.10% | -4.02% | $72,287 | $43,238 | - |
| Nov, 2018 | 0.19% | 0.19% | $72,216 | $45,050 | - |
| Oct, 2018 | -7.20% | -7.20% | $72,076 | $44,962 | - |
| Sep, 2018 | -0.24% | -0.24% | $77,664 | $48,449 | - |
| Aug, 2018 | 3.44% | 3.44% | $77,851 | $48,565 | - |
| Jul, 2018 | 1.30% | 1.30% | $75,260 | $46,949 | - |
| Jun, 2018 | 1.34% | 1.34% | $74,297 | $46,348 | - |
| May, 2018 | 1.73% | 1.73% | $73,317 | $45,737 | - |
| Apr, 2018 | -0.51% | -0.51% | $72,074 | $44,961 | - |
| Mar, 2018 | -1.07% | -1.07% | $72,444 | $45,192 | - |
| Feb, 2018 | -4.02% | -4.02% | $73,231 | $45,683 | - |
| Jan, 2018 | 5.94% | 5.97% | $76,299 | $47,597 | - |
| Dec, 2017 | 1.54% | 0.08% | $72,020 | $44,915 | - |
| Nov, 2017 | 1.62% | 1.62% | $70,931 | $44,877 | - |
| Oct, 2017 | 2.14% | 2.14% | $69,802 | $44,163 | - |
| Sep, 2017 | 1.82% | 1.82% | $68,342 | $43,239 | - |
| Aug, 2017 | 0.70% | 0.70% | $67,123 | $42,468 | - |
| Jul, 2017 | 2.97% | 2.97% | $66,657 | $42,173 | - |
| Jun, 2017 | 0.54% | 0.54% | $64,732 | $40,955 | - |
| May, 2017 | 1.62% | 1.62% | $64,386 | $40,736 | - |
| Apr, 2017 | 1.37% | 1.37% | $63,357 | $40,085 | - |
| Mar, 2017 | 1.12% | 1.12% | $62,500 | $39,543 | - |
| Feb, 2017 | 2.49% | 2.49% | $61,808 | $39,105 | - |
| Jan, 2017 | 2.17% | 2.17% | $60,306 | $38,155 | - |
| Dec, 2016 | 1.11% | 1.11% | $59,026 | $37,345 | - |
| Nov, 2016 | 0.21% | 0.21% | $58,375 | $36,933 | - |
| Oct, 2016 | -1.76% | -1.76% | $58,253 | $36,856 | - |
| Sep, 2016 | 0.45% | 0.45% | $59,295 | $37,515 | - |
| Aug, 2016 | -0.99% | -0.99% | $59,027 | $37,345 | - |
| Jul, 2016 | 1.58% | 1.58% | $59,617 | $37,719 | - |
| Jun, 2016 | 1.96% | 1.96% | $58,691 | $37,133 | - |
| May, 2016 | -0.60% | -0.60% | $57,561 | $36,418 | - |
| Apr, 2016 | 1.72% | 1.72% | $57,911 | $36,639 | - |
| Mar, 2016 | 0.05% | 0.05% | $56,933 | $36,020 | - |
| Feb, 2016 | 0.15% | 0.15% | $56,904 | $36,003 | - |
| Jan, 2016 | -1.36% | -1.38% | $56,821 | $35,950 | - |
| Dec, 2015 | -0.27% | -2.11% | $57,602 | $36,451 | - |
| Nov, 2015 | 0.02% | 0.02% | $57,757 | $37,237 | - |
| Oct, 2015 | -0.10% | -0.10% | $57,742 | $37,228 | - |
| Sep, 2015 | 0.20% | 0.20% | $57,802 | $37,266 | - |
| Aug, 2015 | -6.48% | -6.48% | $57,684 | $37,191 | - |
| Jul, 2015 | 1.10% | 1.10% | $61,684 | $39,769 | - |
| Jun, 2015 | -2.06% | -2.06% | $61,013 | $39,336 | - |
| May, 2015 | 1.24% | 1.24% | $62,294 | $40,163 | - |
| Apr, 2015 | -0.78% | -0.78% | $61,528 | $39,669 | - |
| Mar, 2015 | 0.11% | 0.11% | $62,010 | $39,980 | - |
| Feb, 2015 | 1.10% | 1.11% | $61,943 | $39,936 | - |
| Jan, 2015 | -0.08% | -0.07% | $61,269 | $39,496 | - |
| Dec, 2014 | 0.38% | -4.03% | $61,319 | $39,524 | - |
| Nov, 2014 | 1.32% | 1.32% | $61,084 | $41,182 | - |
| Oct, 2014 | 3.07% | 3.07% | $60,291 | $40,647 | - |
| Sep, 2014 | -2.58% | -2.58% | $58,495 | $39,436 | - |
| Aug, 2014 | 2.63% | 2.63% | $60,044 | $40,481 | - |
| Jul, 2014 | -1.20% | -1.20% | $58,506 | $39,444 | - |
| Jun, 2014 | 2.07% | 2.07% | $59,218 | $39,924 | - |
| May, 2014 | 2.20% | 2.20% | $58,016 | $39,113 | - |
| Apr, 2014 | 0.11% | 0.11% | $56,769 | $38,273 | - |
| Mar, 2014 | -0.30% | -0.30% | $56,706 | $38,230 | - |
| Feb, 2014 | 5.20% | 5.19% | $56,878 | $38,346 | - |
| Jan, 2014 | -3.32% | -3.34% | $54,066 | $36,453 | - |
| Dec, 2013 | 2.39% | 0.59% | $55,922 | $37,715 | - |
| Nov, 2013 | 2.20% | 2.20% | $54,619 | $37,493 | - |
| Oct, 2013 | 3.74% | 3.74% | $53,443 | $36,686 | - |
| Sep, 2013 | 5.69% | 5.69% | $51,519 | $35,365 | - |
| Aug, 2013 | -1.97% | -1.97% | $48,747 | $33,462 | - |
| Jul, 2013 | 5.09% | 5.09% | $49,727 | $34,135 | - |
| Jun, 2013 | -1.47% | -1.47% | $47,319 | $32,482 | - |
| May, 2013 | 0.16% | 0.16% | $48,025 | $32,967 | - |
| Apr, 2013 | 2.11% | 2.11% | $47,950 | $32,916 | - |
| Mar, 2013 | 3.56% | 3.56% | $46,960 | $32,236 | - |
| Feb, 2013 | 0.45% | 0.44% | $45,346 | $31,128 | - |
| Jan, 2013 | 3.97% | 4.06% | $45,142 | $30,990 | - |
| Dec, 2012 | 2.94% | 0.60% | $43,417 | $29,780 | - |
| Nov, 2012 | 0.59% | 0.59% | $42,178 | $29,601 | - |
| Oct, 2012 | -1.91% | -1.91% | $41,930 | $29,428 | - |
| Sep, 2012 | 0.75% | 0.75% | $42,748 | $30,002 | - |
| Aug, 2012 | 1.59% | 1.59% | $42,431 | $29,779 | - |
| Jul, 2012 | 1.03% | 1.03% | $41,765 | $29,312 | - |
| Jun, 2012 | 1.63% | 1.63% | $41,337 | $29,012 | - |
| May, 2012 | -3.64% | -3.64% | $40,676 | $28,548 | - |
| Apr, 2012 | -0.30% | -0.30% | $42,215 | $29,627 | - |
| Mar, 2012 | 3.06% | 3.03% | $42,342 | $29,717 | - |
| Feb, 2012 | 0.28% | 0.41% | $41,084 | $28,843 | - |
| Jan, 2012 | 2.17% | 2.23% | $40,972 | $28,726 | - |
| Dec, 2011 | -1.29% | -3.71% | $40,101 | $28,101 | - |
| Nov, 2011 | 0.10% | 0.10% | $40,624 | $29,183 | - |
| Oct, 2011 | 1.16% | 1.16% | $40,583 | $29,153 | - |
| Sep, 2011 | -4.55% | -4.55% | $40,116 | $28,818 | - |
| Aug, 2011 | -3.06% | -3.06% | $42,027 | $30,191 | - |
| Jul, 2011 | -1.24% | -1.24% | $43,354 | $31,144 | - |
| Jun, 2011 | -1.84% | -1.84% | $43,900 | $31,536 | - |
| May, 2011 | -1.84% | -1.84% | $44,723 | $32,127 | - |
| Apr, 2011 | 2.38% | 2.38% | $45,562 | $32,730 | - |
| Mar, 2011 | 0.43% | 0.43% | $44,501 | $31,968 | - |
| Feb, 2011 | 3.70% | 3.70% | $44,309 | $31,830 | - |
| Jan, 2011 | 1.08% | 1.09% | $42,729 | $30,694 | - |
| Dec, 2010 | 5.84% | 3.65% | $42,272 | $30,363 | - |
| Nov, 2010 | 0.55% | 0.55% | $39,938 | $29,293 | - |
| Oct, 2010 | 3.77% | 3.77% | $39,720 | $29,133 | - |
| Sep, 2010 | 3.70% | 3.70% | $38,277 | $28,075 | - |
| Aug, 2010 | -1.78% | -1.78% | $36,910 | $27,072 | - |
| Jul, 2010 | 1.32% | 1.32% | $37,578 | $27,563 | - |
| Jun, 2010 | -4.03% | -4.03% | $37,089 | $27,204 | - |
| May, 2010 | -7.52% | -7.52% | $38,648 | $28,347 | - |
| Apr, 2010 | 3.66% | 3.66% | $41,793 | $30,654 | - |
| Mar, 2010 | 8.05% | 8.06% | $40,319 | $29,572 | - |
| Feb, 2010 | 4.14% | 4.08% | $37,314 | $27,367 | - |
| Jan, 2010 | -5.76% | -5.95% | $35,830 | $26,294 | - |
| Dec, 2009 | 2.01% | -1.15% | $38,021 | $27,957 | - |
| Nov, 2009 | 3.33% | 3.33% | $37,272 | $28,281 | - |
| Oct, 2009 | -3.89% | -3.89% | $36,071 | $27,369 | - |
| Sep, 2009 | 6.47% | 6.47% | $37,532 | $28,478 | - |
| Aug, 2009 | 2.25% | 2.25% | $35,250 | $26,747 | - |
| Jul, 2009 | 5.25% | 5.25% | $34,476 | $26,159 | - |
| Jun, 2009 | -0.21% | -0.21% | $32,758 | $24,855 | - |
| May, 2009 | 2.22% | 2.22% | $32,828 | $24,908 | - |
| Apr, 2009 | -0.30% | -0.30% | $32,115 | $24,367 | - |
| Mar, 2009 | 0.57% | 0.57% | $32,211 | $24,440 | - |
| Feb, 2009 | -0.04% | -0.04% | $32,029 | $24,302 | - |
| Jan, 2009 | 0.58% | 0.58% | $32,041 | $24,311 | - |
| Dec, 2008 | 0.00% | -0.72% | $31,857 | $24,171 | - |
| Nov, 2008 | 0.02% | 0.02% | $31,857 | $24,346 | - |
| Oct, 2008 | 0.06% | 0.06% | $31,852 | $24,342 | - |
| Sep, 2008 | -0.70% | -0.70% | $31,834 | $24,328 | - |
| Aug, 2008 | -2.11% | -2.11% | $32,060 | $24,501 | - |
| Jul, 2008 | -2.34% | -2.34% | $32,750 | $25,028 | - |
| Jun, 2008 | -0.48% | -0.48% | $33,535 | $25,628 | - |
| May, 2008 | 0.17% | 0.17% | $33,695 | $25,750 | - |
| Apr, 2008 | -0.59% | -0.59% | $33,638 | $25,707 | - |
| Mar, 2008 | -2.27% | -2.27% | $33,839 | $25,860 | - |
| Feb, 2008 | 3.34% | 3.34% | $34,625 | $26,461 | - |
| Jan, 2008 | -0.35% | -0.37% | $33,506 | $25,606 | - |
| Dec, 2007 | 0.32% | -5.86% | $33,622 | $25,700 | - |
| Nov, 2007 | -5.29% | -5.29% | $33,514 | $27,299 | - |
| Oct, 2007 | 5.21% | 5.21% | $35,385 | $28,823 | - |
| Sep, 2007 | 5.92% | 5.92% | $33,631 | $27,395 | - |
| Aug, 2007 | 0.53% | 0.53% | $31,751 | $25,863 | - |
| Jul, 2007 | -1.11% | -1.11% | $31,582 | $25,726 | - |
| Jun, 2007 | 0.20% | 0.20% | $31,937 | $26,014 | - |
| May, 2007 | 4.06% | 4.06% | $31,872 | $25,962 | - |
| Apr, 2007 | 3.03% | 3.03% | $30,629 | $24,949 | - |
| Mar, 2007 | 1.52% | 1.54% | $29,728 | $24,216 | - |
| Feb, 2007 | -1.01% | -1.01% | $29,284 | $23,850 | - |
| Jan, 2007 | 2.17% | 2.21% | $29,582 | $24,094 | - |
| Dec, 2006 | 1.52% | -2.70% | $28,952 | $23,574 | - |
| Nov, 2006 | 3.59% | 3.59% | $28,520 | $24,227 | - |
| Oct, 2006 | 3.62% | 3.62% | $27,532 | $23,388 | - |
| Sep, 2006 | 0.14% | 0.14% | $26,571 | $22,572 | - |
| Aug, 2006 | 1.81% | 1.81% | $26,535 | $22,541 | - |
| Jul, 2006 | 2.18% | 2.18% | $26,063 | $22,140 | - |
| Jun, 2006 | -0.25% | -0.25% | $25,507 | $21,668 | - |
| May, 2006 | -4.53% | -4.53% | $25,570 | $21,721 | - |
| Apr, 2006 | 4.32% | 4.32% | $26,783 | $22,752 | - |
| Mar, 2006 | 3.43% | 3.43% | $25,674 | $21,810 | - |
| Feb, 2006 | -0.42% | -0.42% | $24,822 | $21,086 | - |
| Jan, 2006 | 7.80% | 7.90% | $24,928 | $21,176 | - |
| Dec, 2005 | 3.56% | 0.05% | $23,124 | $19,626 | - |
| Nov, 2005 | 4.72% | 4.72% | $22,328 | $19,616 | - |
| Oct, 2005 | -4.07% | -4.07% | $21,322 | $18,733 | - |
| Sep, 2005 | 3.25% | 3.25% | $22,226 | $19,527 | - |
| Aug, 2005 | 0.49% | 0.49% | $21,527 | $18,912 | - |
| Jul, 2005 | 3.15% | 3.15% | $21,422 | $18,820 | - |
| Jun, 2005 | 1.41% | 1.41% | $20,767 | $18,245 | - |
| May, 2005 | 0.47% | 0.47% | $20,478 | $17,991 | - |
| Apr, 2005 | -2.07% | -2.07% | $20,383 | $17,907 | - |
| Mar, 2005 | -3.11% | -3.11% | $20,814 | $18,286 | - |
| Feb, 2005 | 3.97% | 3.96% | $21,481 | $18,872 | - |
| Jan, 2005 | -2.09% | -2.12% | $20,660 | $18,152 | - |
| Dec, 2004 | 3.09% | -0.68% | $21,102 | $18,546 | - |
| Nov, 2004 | 6.95% | 6.95% | $20,470 | $18,673 | - |
| Oct, 2004 | 2.12% | 2.12% | $19,140 | $17,460 | - |
| Sep, 2004 | 2.78% | 2.78% | $18,743 | $17,097 | - |
| Aug, 2004 | 1.06% | 1.06% | $18,236 | $16,635 | - |
| Jul, 2004 | -3.88% | -3.88% | $18,045 | $16,461 | - |
| Jun, 2004 | 1.36% | 1.36% | $18,773 | $17,125 | - |
| May, 2004 | 0.66% | 0.66% | $18,522 | $16,896 | - |
| Apr, 2004 | -6.84% | -6.84% | $18,400 | $16,785 | - |
| Mar, 2004 | 0.94% | 0.94% | $19,751 | $18,017 | - |
| Feb, 2004 | 2.37% | 2.34% | $19,567 | $17,850 | - |
| Jan, 2004 | 1.25% | 1.27% | $19,114 | $17,441 | - |
| Dec, 2003 | 4.85% | 3.26% | $18,878 | $17,222 | - |
| Nov, 2003 | 3.99% | 3.99% | $18,005 | $16,677 | - |
| Oct, 2003 | 8.03% | 8.03% | $17,314 | $16,038 | - |
| Sep, 2003 | 1.37% | 1.37% | $16,027 | $14,846 | - |
| Aug, 2003 | 5.27% | 5.27% | $15,810 | $14,644 | - |
| Jul, 2003 | 3.14% | 3.14% | $15,019 | $13,911 | - |
| Jun, 2003 | 0.71% | 0.71% | $14,562 | $13,488 | - |
| May, 2003 | 1.22% | 1.22% | $14,459 | $13,393 | - |
| Apr, 2003 | 0.61% | 0.61% | $14,284 | $13,231 | - |
| Mar, 2003 | -1.05% | -1.05% | $14,198 | $13,151 | - |
| Feb, 2003 | 0.06% | 0.07% | $14,348 | $13,290 | - |
| Jan, 2003 | 0.05% | 0.05% | $14,339 | $13,280 | - |
| Dec, 2002 | 1.41% | 1.09% | $14,332 | $13,274 | - |
| Nov, 2002 | 0.05% | 0.05% | $14,132 | $13,130 | - |
| Oct, 2002 | -0.36% | -0.36% | $14,125 | $13,123 | - |
| Sep, 2002 | 1.04% | 1.04% | $14,177 | $13,171 | - |
| Aug, 2002 | 1.15% | 1.15% | $14,031 | $13,035 | - |
| Jul, 2002 | -4.95% | -4.95% | $13,871 | $12,887 | - |
| Jun, 2002 | -4.07% | -4.07% | $14,593 | $13,558 | - |
| May, 2002 | 1.16% | 1.16% | $15,212 | $14,133 | - |
| Apr, 2002 | 0.35% | 0.35% | $15,038 | $13,971 | - |
| Mar, 2002 | 2.47% | 2.47% | $14,985 | $13,922 | - |
| Feb, 2002 | 1.37% | 1.37% | $14,624 | $13,586 | - |
| Jan, 2002 | 1.54% | 1.57% | $14,426 | $13,403 | - |
| Dec, 2001 | 0.62% | -1.03% | $14,206 | $13,196 | - |
| Nov, 2001 | -0.77% | -0.77% | $14,119 | $13,334 | - |
| Oct, 2001 | 1.25% | 1.25% | $14,229 | $13,437 | - |
| Sep, 2001 | -1.08% | -1.08% | $14,053 | $13,271 | - |
| Aug, 2001 | 1.13% | 1.13% | $14,206 | $13,416 | - |
| Jul, 2001 | 0.21% | 0.21% | $14,047 | $13,266 | - |
| Jun, 2001 | 0.68% | 0.68% | $14,018 | $13,238 | - |
| May, 2001 | 0.92% | 0.92% | $13,923 | $13,149 | - |
| Apr, 2001 | 0.75% | 0.75% | $13,796 | $13,029 | - |
| Mar, 2001 | -2.65% | -2.65% | $13,694 | $12,932 | - |
| Feb, 2001 | 0.37% | 0.44% | $14,066 | $13,284 | - |
| Jan, 2001 | 2.35% | 2.36% | $14,014 | $13,226 | - |
| Dec, 2000 | 5.21% | 2.60% | $13,693 | $12,921 | - |
| Nov, 2000 | -3.88% | -3.88% | $13,015 | $12,594 | - |
| Oct, 2000 | 0.83% | 0.83% | $13,540 | $13,102 | - |
| Sep, 2000 | -0.79% | -0.79% | $13,428 | $12,993 | - |
| Aug, 2000 | 3.33% | 3.33% | $13,535 | $13,097 | - |
| Jul, 2000 | -1.26% | -1.26% | $13,099 | $12,675 | - |
| Jun, 2000 | 2.04% | 2.04% | $13,266 | $12,837 | - |
| May, 2000 | -3.14% | -3.14% | $13,001 | $12,580 | - |
| Apr, 2000 | -3.94% | -3.94% | $13,422 | $12,988 | - |
| Mar, 2000 | 1.83% | 1.83% | $13,972 | $13,520 | - |
| Feb, 2000 | 3.49% | 3.57% | $13,721 | $13,277 | - |
| Jan, 2000 | -5.28% | -5.37% | $13,259 | $12,819 | - |
| Dec, 1999 | 8.59% | 5.82% | $13,998 | $13,548 | - |
| Nov, 1999 | 3.91% | 3.91% | $12,891 | $12,802 | - |
| Oct, 1999 | 0.33% | 0.33% | $12,406 | $12,321 | - |
| Sep, 1999 | 2.51% | 2.51% | $12,366 | $12,281 | - |
| Aug, 1999 | -0.97% | -0.97% | $12,063 | $11,980 | - |
| Jul, 1999 | -1.50% | -1.50% | $12,182 | $12,098 | - |
| Jun, 1999 | 5.38% | 5.38% | $12,367 | $12,282 | - |
| May, 1999 | -3.06% | -3.06% | $11,736 | $11,655 | - |
| Apr, 1999 | 6.41% | 6.41% | $12,106 | $12,023 | - |
| Mar, 1999 | 4.86% | 4.86% | $11,377 | $11,299 | - |
| Feb, 1999 | -0.52% | -0.52% | $10,849 | $10,774 | - |
| Jan, 1999 | 1.00% | 1.01% | $10,906 | $10,831 | - |
| Dec, 1998 | 1.27% | 0.65% | $10,798 | $10,723 | - |
| Nov, 1998 | 0.31% | 0.31% | $10,662 | $10,654 | - |
| Oct, 1998 | 0.33% | 0.33% | $10,630 | $10,621 | - |
| Sep, 1998 | 0.38% | 0.38% | $10,595 | $10,586 | - |
| Aug, 1998 | -2.04% | -2.04% | $10,554 | $10,546 | - |
| Jul, 1998 | 0.17% | 0.17% | $10,774 | $10,766 | - |
| Jun, 1998 | 1.01% | 1.01% | $10,756 | $10,747 | - |
| May, 1998 | 0.06% | 0.06% | $10,648 | $10,640 | - |
| Apr, 1998 | 0.51% | 0.51% | $10,642 | $10,634 | - |
| Mar, 1998 | 1.20% | 1.20% | $10,588 | $10,580 | - |
| Feb, 1998 | 1.55% | 1.55% | $10,463 | $10,454 | - |
| Jan, 1998 | 0.53% | 0.54% | $10,303 | $10,294 | - |
| Dec, 1997 | 0.29% | 0.21% | $10,248 | $10,240 | - |
| Nov, 1997 | 0.74% | 0.74% | $10,218 | $10,218 | - |
| Oct, 1997 | -0.56% | -0.56% | $10,143 | $10,143 | - |
| Sep, 1997 | 0.87% | 0.87% | $10,200 | $10,200 | - |
| Aug, 1997 | -0.93% | -0.93% | $10,112 | $10,112 | - |
| Jul, 1997 | 1.33% | 1.33% | $10,207 | $10,207 | - |
| Jun, 1997 | 0.74% | 0.74% | $10,074 | $10,074 | - |
| May, 1997 | - | - | $10,000 | $10,000 | - |
📝 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)