gtaa6
v2_hold_until_replaced
Strategy Description
GTAA AGG 6 V2 - Hold Until Replaced (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. Only trades when positions change.
Universe: ["GSG", "IAU", "VBK", "VWO", "VBR", "VEA", "VTV", "VCIT", "VGIT", "IGOV", "EFA", "QQQ", "VNQ", "MTUM", "VGLT"]
Rebalance Frequency: on_signal_change | Period: March 31, 1998 to April 30, 2026 | Top N: 6
Portfolio Value Over Time
After-tax performance
Performance Summary
28.1 years of data
| Metric | Value |
|---|---|
| Period | March 31, 1998 to April 30, 2026 (28.1 years) |
| After-Tax CAGR | 6.98% |
| Pre-Tax CAGR | 9.38% |
| Tax Drag | 2.40% |
| Final Value (After-Tax) | $66,515 (from $10,000) |
| Final Value (Pre-Tax) | $123,935 |
| Total Taxes Paid | $22,632 |
| Effective Tax Rate | 19.9% on gains |
| Maximum Drawdown | -25.31% |
Drawdown Analysis
Top 5 drawdowns
| Rank | Drawdown | Peak Date | Trough Date | Recovery Date | Duration |
|---|---|---|---|---|---|
| 1 | -25.31% | Nov, 2007 | Dec, 2008 | Sep, 2009 | 22 mo |
| 2 | -22.20% | Oct, 2018 | Mar, 2020 | Mar, 2021 | 29 mo |
| 3 | -13.12% | May, 2002 | Jul, 2002 | Sep, 2003 | 16 mo |
| 4 | -13.01% | Jul, 2014 | Nov, 2016 | Aug, 2017 | 37 mo |
| 5 | -11.51% | Jun, 2011 | Nov, 2011 | Apr, 2013 | 22 mo |
Rolling Period Analysis
Best and worst CAGR for rolling periods
| Period | Best CAGR | Best Period | Worst CAGR | Worst Period |
|---|---|---|---|---|
| 1-Year | 54.73% | 2008-09-30 to 2010-04-30 | -25.29% | 2007-10-31 to 2009-03-31 |
| 3-Year | 31.70% | 2003-06-30 to 2007-10-31 | 0.88% | 2015-12-31 to 2020-03-31 |
| 5-Year | 22.36% | 2003-01-31 to 2010-03-31 | 1.55% | 2013-09-30 to 2020-09-30 |
| 10-Year | 14.26% | 2000-05-31 to 2014-06-30 | 4.61% | 2010-03-31 to 2024-04-30 |
Annual Returns
21 years
| Year | Pre-Tax Return | After-Tax Return | Tax Drag | Pre-Tax Value | After-Tax Value |
|---|---|---|---|---|---|
| 2026 | 5.87% | 5.87% | 0.00% | $123,935 | $66,515 |
| 2025 | 13.73% | 8.25% | 5.48% | $117,067 | $62,829 |
| 2024 | 7.36% | 5.52% | 1.84% | $102,937 | $58,042 |
| 2021 | 18.89% | 14.24% | 4.65% | $95,882 | $55,006 |
| 2020 | 7.40% | 7.40% | 0.00% | $80,649 | $48,150 |
| 2019 | 3.85% | 3.32% | 0.54% | $75,094 | $44,833 |
| 2018 | 23.69% | 15.20% | 8.49% | $72,307 | $43,393 |
| 2015 | -3.52% | -5.78% | 2.26% | $58,456 | $37,667 |
| 2014 | 3.66% | -2.31% | 5.98% | $60,588 | $39,977 |
| 2013 | 29.85% | 28.51% | 1.34% | $58,446 | $40,924 |
| 2012 | 3.78% | -2.03% | 5.80% | $45,010 | $31,845 |
| 2010 | 7.67% | -1.18% | 8.85% | $43,373 | $32,504 |
| 2009 | 51.59% | 51.59% | 0.00% | $40,284 | $32,893 |
| 2008 | -11.50% | -12.02% | 0.52% | $26,574 | $21,698 |
| 2007 | 59.67% | 43.38% | 16.29% | $30,029 | $24,663 |
| 2004 | 13.66% | 10.70% | 2.96% | $18,806 | $17,200 |
| 2003 | 29.29% | 26.56% | 2.73% | $16,546 | $15,538 |
| 2002 | -2.02% | -2.02% | 0.00% | $12,797 | $12,277 |
| 2001 | 2.74% | 0.08% | 2.67% | $13,062 | $12,530 |
| 1999 | 22.09% | 20.75% | 1.34% | $12,713 | $12,521 |
| 1998 | 4.13% | 3.70% | 0.43% | $10,413 | $10,369 |
Monthly Returns
Last 120 months | 238 total
| Date | Pre-Tax Return | After-Tax Return | Pre-Tax Value | After-Tax Value | Holdings |
|---|---|---|---|---|---|
| Apr, 2026 | 4.87% | 4.87% | $123,935 | $66,515 | - |
| Mar, 2026 | 0.95% | 0.95% | $118,178 | $63,425 | - |
| Dec, 2025 | 1.40% | -3.49% | $117,067 | $62,829 | - |
| Oct, 2025 | 2.53% | 2.53% | $115,452 | $65,099 | - |
| Sep, 2025 | 7.63% | 7.63% | $112,606 | $63,494 | - |
| Jul, 2025 | -0.53% | -0.53% | $104,627 | $58,995 | - |
| Jun, 2025 | 3.63% | 3.63% | $105,181 | $59,308 | - |
| Apr, 2025 | -0.07% | -0.07% | $101,495 | $57,229 | - |
| Mar, 2025 | -1.71% | -1.71% | $101,563 | $57,268 | - |
| Feb, 2025 | -3.21% | -3.21% | $103,328 | $58,262 | - |
| Jan, 2025 | 3.71% | 3.71% | $106,756 | $60,196 | - |
| Dec, 2024 | 2.30% | 0.55% | $102,937 | $58,042 | - |
| Oct, 2024 | -1.56% | -1.56% | $100,624 | $57,727 | - |
| Sep, 2024 | 3.74% | 3.74% | $102,214 | $58,639 | - |
| Jul, 2024 | 2.82% | 2.82% | $98,531 | $56,526 | - |
| May, 2024 | 3.59% | 3.59% | $95,832 | $54,977 | - |
| Apr, 2024 | -2.12% | -2.12% | $92,514 | $53,074 | - |
| Feb, 2024 | 2.31% | 2.31% | $94,515 | $54,222 | - |
| Jan, 2024 | 3.31% | 3.31% | $92,378 | $52,996 | - |
| Nov, 2023 | 1.55% | 1.55% | $89,421 | $51,300 | - |
| Oct, 2023 | -1.76% | -1.76% | $88,058 | $50,518 | - |
| Aug, 2023 | -4.05% | -4.05% | $89,633 | $51,421 | - |
| Jul, 2023 | 3.29% | 3.29% | $93,415 | $53,591 | - |
| Jun, 2023 | 0.47% | 0.47% | $90,441 | $51,885 | - |
| May, 2023 | 1.02% | 1.02% | $90,021 | $51,644 | - |
| Mar, 2023 | 0.00% | 0.00% | $89,114 | $51,123 | - |
| Feb, 2023 | -3.59% | -3.59% | $89,114 | $51,123 | - |
| Jan, 2023 | -0.30% | -0.30% | $92,430 | $53,026 | - |
| Nov, 2022 | 3.08% | 3.08% | $92,709 | $53,186 | - |
| Oct, 2022 | 0.16% | 0.16% | $89,939 | $51,597 | - |
| Sep, 2022 | -0.75% | -0.75% | $89,796 | $51,514 | - |
| Aug, 2022 | -0.34% | -0.34% | $90,474 | $51,904 | - |
| Jun, 2022 | -1.27% | -1.27% | $90,780 | $52,079 | - |
| May, 2022 | -0.89% | -0.89% | $91,947 | $52,749 | - |
| Mar, 2022 | 1.51% | 1.51% | $92,772 | $53,222 | - |
| Feb, 2022 | -0.40% | -0.40% | $91,396 | $52,433 | - |
| Jan, 2022 | -4.29% | -4.29% | $91,765 | $52,644 | - |
| Dec, 2021 | 5.28% | 1.17% | $95,882 | $55,006 | - |
| Nov, 2021 | 1.49% | 1.49% | $91,070 | $54,372 | - |
| Sep, 2021 | -3.58% | -3.58% | $89,732 | $53,573 | - |
| Aug, 2021 | 2.92% | 2.92% | $93,064 | $55,562 | - |
| Jun, 2021 | 2.84% | 2.84% | $90,419 | $53,983 | - |
| Apr, 2021 | 3.41% | 3.41% | $87,925 | $52,494 | - |
| Mar, 2021 | 5.42% | 5.42% | $85,022 | $50,761 | - |
| Dec, 2020 | 6.69% | 6.69% | $80,649 | $48,150 | - |
| Nov, 2020 | 9.20% | 9.20% | $75,589 | $45,129 | - |
| Sep, 2020 | -1.90% | -1.90% | $69,220 | $41,326 | - |
| Aug, 2020 | 2.29% | 2.29% | $70,559 | $42,126 | - |
| Jul, 2020 | 4.22% | 4.22% | $68,979 | $41,183 | - |
| Jun, 2020 | 1.48% | 1.48% | $66,188 | $39,516 | - |
| Apr, 2020 | 0.70% | 0.70% | $65,224 | $38,941 | - |
| Mar, 2020 | -12.49% | -12.49% | $64,769 | $38,669 | - |
| Jan, 2020 | -1.44% | -1.44% | $74,013 | $44,188 | - |
| Dec, 2019 | 2.60% | 2.07% | $75,094 | $44,833 | - |
| Oct, 2019 | 1.34% | 1.34% | $73,193 | $43,924 | - |
| Sep, 2019 | 0.76% | 0.76% | $72,226 | $43,345 | - |
| Jul, 2019 | 1.78% | 1.78% | $71,685 | $43,020 | - |
| May, 2019 | -5.18% | -5.18% | $70,431 | $42,267 | - |
| Apr, 2019 | 3.00% | 3.00% | $74,276 | $44,575 | - |
| Feb, 2019 | -0.26% | -0.26% | $72,116 | $43,278 | - |
| Jan, 2019 | 0.00% | 0.00% | $72,307 | $43,393 | - |
| Dec, 2018 | 0.20% | -6.68% | $72,307 | $43,393 | - |
| Nov, 2018 | 0.19% | 0.19% | $72,164 | $46,499 | - |
| Oct, 2018 | -6.62% | -6.62% | $72,024 | $46,409 | - |
| Aug, 2018 | 3.22% | 3.22% | $77,132 | $49,700 | - |
| Jul, 2018 | 2.88% | 2.88% | $74,727 | $48,151 | - |
| May, 2018 | 1.07% | 1.07% | $72,636 | $46,803 | - |
| Apr, 2018 | -0.31% | -0.31% | $71,870 | $46,310 | - |
| Feb, 2018 | -4.20% | -4.20% | $72,096 | $46,455 | - |
| Jan, 2018 | 7.01% | 7.01% | $75,253 | $48,490 | - |
| Nov, 2017 | 1.51% | 1.51% | $70,325 | $45,315 | - |
| Oct, 2017 | 4.45% | 4.45% | $69,277 | $44,639 | - |
| Aug, 2017 | 0.42% | 0.42% | $66,326 | $42,737 | - |
| Jul, 2017 | 2.84% | 2.84% | $66,048 | $42,559 | - |
| Jun, 2017 | 0.51% | 0.51% | $64,224 | $41,383 | - |
| May, 2017 | 3.61% | 3.61% | $63,895 | $41,171 | - |
| Mar, 2017 | 1.67% | 1.67% | $61,668 | $39,736 | - |
| Feb, 2017 | 1.80% | 1.80% | $60,657 | $39,085 | - |
| Jan, 2017 | 3.41% | 3.41% | $59,587 | $38,395 | - |
| Nov, 2016 | -2.86% | -2.86% | $57,621 | $37,128 | - |
| Oct, 2016 | -2.73% | -2.73% | $59,320 | $38,223 | - |
| Sep, 2016 | 0.03% | 0.03% | $60,983 | $39,294 | - |
| Aug, 2016 | 0.51% | 0.51% | $60,964 | $39,283 | - |
| Jun, 2016 | 2.28% | 2.28% | $60,657 | $39,085 | - |
| May, 2016 | 0.79% | 0.79% | $59,303 | $38,212 | - |
| Mar, 2016 | 0.15% | 0.15% | $58,838 | $37,913 | - |
| Feb, 2016 | 0.50% | 0.50% | $58,751 | $37,856 | - |
| Dec, 2015 | -0.09% | -2.43% | $58,456 | $37,667 | - |
| Nov, 2015 | -0.13% | -0.13% | $58,506 | $38,604 | - |
| Sep, 2015 | 0.20% | 0.20% | $58,582 | $38,654 | - |
| Aug, 2015 | -6.71% | -6.71% | $58,463 | $38,575 | - |
| Jul, 2015 | 1.25% | 1.25% | $62,667 | $41,349 | - |
| Jun, 2015 | -0.41% | -0.41% | $61,891 | $40,837 | - |
| Apr, 2015 | -0.66% | -0.66% | $62,148 | $41,006 | - |
| Mar, 2015 | 3.25% | 3.25% | $62,558 | $41,277 | - |
| Dec, 2014 | 1.47% | -4.39% | $60,588 | $39,977 | - |
| Oct, 2014 | 2.17% | 2.17% | $59,713 | $41,811 | - |
| Sep, 2014 | -1.79% | -1.79% | $58,442 | $40,921 | - |
| Jul, 2014 | -2.37% | -2.37% | $59,509 | $41,668 | - |
| Jun, 2014 | 3.96% | 3.96% | $60,954 | $42,680 | - |
| Apr, 2014 | -0.84% | -0.84% | $58,634 | $41,056 | - |
| Mar, 2014 | -1.14% | -1.14% | $59,130 | $41,403 | - |
| Feb, 2014 | 5.32% | 5.32% | $59,812 | $41,880 | - |
| Jan, 2014 | -2.84% | -2.84% | $56,789 | $39,763 | - |
| Dec, 2013 | 4.56% | 3.48% | $58,446 | $40,924 | - |
| Oct, 2013 | 3.35% | 3.35% | $55,895 | $39,546 | - |
| Sep, 2013 | 4.07% | 4.07% | $54,084 | $38,264 | - |
| Jul, 2013 | 4.29% | 4.29% | $51,966 | $36,766 | - |
| May, 2013 | 0.05% | 0.05% | $49,827 | $35,253 | - |
| Apr, 2013 | 5.66% | 5.66% | $49,802 | $35,235 | - |
| Feb, 2013 | 0.26% | 0.26% | $47,136 | $33,349 | - |
| Jan, 2013 | 4.45% | 4.45% | $47,012 | $33,261 | - |
| Dec, 2012 | 2.99% | -2.77% | $45,010 | $31,845 | - |
| Nov, 2012 | 1.06% | 1.06% | $43,701 | $32,750 | - |
| Oct, 2012 | -1.02% | -1.02% | $43,244 | $32,407 | - |
| Aug, 2012 | 1.73% | 1.73% | $43,689 | $32,741 | - |
| Jul, 2012 | 3.06% | 3.06% | $42,945 | $32,183 | - |
| May, 2012 | -3.36% | -3.36% | $41,669 | $31,227 | - |
| Apr, 2012 | 3.01% | 3.01% | $43,119 | $32,314 | - |
| Feb, 2012 | 1.23% | 1.23% | $41,860 | $31,370 | - |
| Jan, 2012 | 2.92% | 2.92% | $41,352 | $30,990 | - |
| Nov, 2011 | -1.09% | -1.09% | $40,177 | $30,109 | - |
| Oct, 2011 | 0.75% | 0.75% | $40,618 | $30,440 | - |
| Sep, 2011 | -1.56% | -1.56% | $40,316 | $30,214 | - |
| Aug, 2011 | -8.60% | -8.60% | $40,953 | $30,691 | - |
| Jun, 2011 | -1.32% | -1.32% | $44,805 | $33,577 | - |
| May, 2011 | 0.79% | 0.79% | $45,404 | $34,027 | - |
| Mar, 2011 | 0.84% | 0.84% | $45,048 | $33,759 | - |
| Feb, 2011 | 3.53% | 3.53% | $44,672 | $33,478 | - |
| Jan, 2011 | -0.52% | -0.52% | $43,149 | $32,336 | - |
| Dec, 2010 | 5.86% | -2.84% | $43,373 | $32,504 | - |
| Nov, 2010 | 3.40% | 3.40% | $40,973 | $33,455 | - |
| Sep, 2010 | 4.84% | 4.84% | $39,627 | $32,356 | - |
| Aug, 2010 | 1.24% | 1.24% | $37,798 | $30,863 | - |
| Jun, 2010 | -9.67% | -9.67% | $37,336 | $30,485 | - |
| Apr, 2010 | -0.21% | -0.21% | $41,335 | $33,751 | - |
| Mar, 2010 | 2.83% | 2.83% | $41,424 | $33,823 | - |
| Dec, 2009 | 3.60% | 3.60% | $40,284 | $32,893 | - |
| Nov, 2009 | 4.46% | 4.46% | $38,885 | $31,750 | - |
| Sep, 2009 | 9.29% | 9.29% | $37,226 | $30,396 | - |
| Aug, 2009 | -0.63% | -0.63% | $34,061 | $27,811 | - |
| Jul, 2009 | 11.55% | 11.55% | $34,276 | $27,987 | - |
| Jun, 2009 | 15.61% | 15.61% | $30,727 | $25,089 | - |
| Apr, 2009 | 0.00% | 0.00% | $26,579 | $21,702 | - |
| Mar, 2009 | 0.02% | 0.02% | $26,579 | $21,702 | - |
| Dec, 2008 | 0.00% | -0.58% | $26,574 | $21,698 | - |
| Oct, 2008 | 0.06% | 0.06% | $26,574 | $21,825 | - |
| Sep, 2008 | -6.15% | -6.15% | $26,559 | $21,813 | - |
| Jul, 2008 | -3.31% | -3.31% | $28,301 | $23,244 | - |
| Jun, 2008 | -0.07% | -0.07% | $29,269 | $24,039 | - |
| Apr, 2008 | -0.27% | -0.27% | $29,291 | $24,057 | - |
| Mar, 2008 | -3.73% | -3.73% | $29,371 | $24,123 | - |
| Feb, 2008 | 3.63% | 3.63% | $30,511 | $25,059 | - |
| Jan, 2008 | -1.95% | -1.95% | $29,442 | $24,181 | - |
| Dec, 2007 | 0.48% | -9.77% | $30,029 | $24,663 | - |
| Nov, 2007 | -5.91% | -5.91% | $29,885 | $27,333 | - |
| Oct, 2007 | 12.56% | 12.56% | $31,762 | $29,050 | - |
| Aug, 2007 | 0.85% | 0.85% | $28,217 | $25,808 | - |
| Jul, 2007 | -1.68% | -1.68% | $27,980 | $25,591 | - |
| May, 2007 | 3.71% | 3.71% | $28,458 | $26,028 | - |
| Apr, 2007 | 3.72% | 3.72% | $27,439 | $25,096 | - |
| Feb, 2007 | -1.14% | -1.14% | $26,454 | $24,195 | - |
| Jan, 2007 | 3.69% | 3.69% | $26,760 | $24,475 | - |
| Nov, 2006 | 3.91% | 3.91% | $25,808 | $23,604 | - |
| Oct, 2006 | 3.57% | 3.57% | $24,836 | $22,715 | - |
| Aug, 2006 | 1.55% | 1.55% | $23,980 | $21,932 | - |
| Jul, 2006 | 2.44% | 2.44% | $23,614 | $21,598 | - |
| Jun, 2006 | -0.57% | -0.57% | $23,051 | $21,083 | - |
| May, 2006 | -0.35% | -0.35% | $23,183 | $21,203 | - |
| Mar, 2006 | 3.63% | 3.63% | $23,265 | $21,278 | - |
| Feb, 2006 | -0.37% | -0.37% | $22,451 | $20,534 | - |
| Jan, 2006 | 11.03% | 11.03% | $22,534 | $20,610 | - |
| Nov, 2005 | 4.76% | 4.76% | $20,295 | $18,562 | - |
| Oct, 2005 | -4.11% | -4.11% | $19,373 | $17,719 | - |
| Sep, 2005 | 2.98% | 2.98% | $20,204 | $18,479 | - |
| Aug, 2005 | 5.21% | 5.21% | $19,621 | $17,945 | - |
| Jun, 2005 | 1.77% | 1.77% | $18,649 | $17,056 | - |
| May, 2005 | -1.40% | -1.40% | $18,325 | $16,760 | - |
| Mar, 2005 | -2.92% | -2.92% | $18,586 | $16,999 | - |
| Feb, 2005 | 4.01% | 4.01% | $19,145 | $17,510 | - |
| Jan, 2005 | -2.12% | -2.12% | $18,407 | $16,835 | - |
| Dec, 2004 | 3.09% | 0.40% | $18,806 | $17,200 | - |
| Nov, 2004 | 8.87% | 8.87% | $18,243 | $17,132 | - |
| Sep, 2004 | 3.50% | 3.50% | $16,758 | $15,737 | - |
| Aug, 2004 | -3.73% | -3.73% | $16,191 | $15,205 | - |
| Jun, 2004 | 2.59% | 2.59% | $16,819 | $15,795 | - |
| Apr, 2004 | -5.09% | -5.09% | $16,394 | $15,395 | - |
| Mar, 2004 | 4.40% | 4.40% | $17,274 | $16,221 | - |
| Dec, 2003 | 7.71% | 5.44% | $16,546 | $15,538 | - |
| Oct, 2003 | 6.89% | 6.89% | $15,361 | $14,736 | - |
| Sep, 2003 | 5.27% | 5.27% | $14,370 | $13,786 | - |
| Jul, 2003 | 2.99% | 2.99% | $13,651 | $13,096 | - |
| Jun, 2003 | 3.04% | 3.04% | $13,255 | $12,716 | - |
| Apr, 2003 | 0.57% | 0.57% | $12,863 | $12,340 | - |
| Mar, 2003 | -0.77% | -0.77% | $12,790 | $12,270 | - |
| Feb, 2003 | 0.27% | 0.27% | $12,889 | $12,365 | - |
| Jan, 2003 | 0.45% | 0.45% | $12,854 | $12,332 | - |
| Dec, 2002 | 1.37% | 1.37% | $12,797 | $12,277 | - |
| Oct, 2002 | -0.36% | -0.36% | $12,625 | $12,111 | - |
| Sep, 2002 | 2.08% | 2.08% | $12,670 | $12,155 | - |
| Jul, 2002 | -12.04% | -12.04% | $12,413 | $11,908 | - |
| May, 2002 | -1.23% | -1.23% | $14,112 | $13,538 | - |
| Apr, 2002 | 7.13% | 7.13% | $14,288 | $13,707 | - |
| Feb, 2002 | 0.54% | 0.54% | $13,337 | $12,795 | - |
| Jan, 2002 | 1.56% | 1.56% | $13,265 | $12,726 | - |
| Dec, 2001 | 3.40% | 0.72% | $13,062 | $12,530 | - |
| Nov, 2001 | -0.77% | -0.77% | $12,632 | $12,441 | - |
| Oct, 2001 | -3.26% | -3.26% | $12,730 | $12,538 | - |
| Aug, 2001 | -0.01% | -0.01% | $13,159 | $12,960 | - |
| Jul, 2001 | 2.18% | 2.18% | $13,160 | $12,962 | - |
| May, 2001 | 1.95% | 1.95% | $12,879 | $12,685 | - |
| Apr, 2001 | 0.88% | 0.88% | $12,633 | $12,442 | - |
| Feb, 2001 | -2.42% | -2.42% | $12,522 | $12,333 | - |
| Jan, 2001 | 12.29% | 12.29% | $12,832 | $12,639 | - |
| Nov, 2000 | -4.13% | -4.13% | $11,428 | $11,255 | - |
| Oct, 2000 | -1.48% | -1.48% | $11,919 | $11,740 | - |
| Aug, 2000 | 3.95% | 3.95% | $12,099 | $11,916 | - |
| Jul, 2000 | -0.61% | -0.61% | $11,639 | $11,464 | - |
| Jun, 2000 | 2.50% | 2.50% | $11,710 | $11,534 | - |
| May, 2000 | -5.71% | -5.71% | $11,425 | $11,252 | - |
| Mar, 2000 | 1.87% | 1.87% | $12,117 | $11,934 | - |
| Feb, 2000 | 0.02% | 0.02% | $11,894 | $11,714 | - |
| Jan, 2000 | -6.46% | -6.46% | $11,892 | $11,713 | - |
| Dec, 1999 | 8.81% | 7.62% | $12,713 | $12,521 | - |
| Nov, 1999 | 0.39% | 0.39% | $11,683 | $11,634 | - |
| Sep, 1999 | 8.22% | 8.22% | $11,638 | $11,589 | - |
| Aug, 1999 | -2.34% | -2.34% | $10,754 | $10,709 | - |
| Jun, 1999 | -1.19% | -1.19% | $11,011 | $10,965 | - |
| Apr, 1999 | 5.92% | 5.92% | $11,144 | $11,097 | - |
| Mar, 1999 | 1.04% | 1.04% | $10,521 | $10,477 | - |
| Dec, 1998 | 1.62% | 1.62% | $10,413 | $10,369 | - |
| Nov, 1998 | 0.00% | 0.00% | $10,247 | $10,204 | - |
| Sep, 1998 | 0.38% | 0.38% | $10,247 | $10,204 | - |
| Aug, 1998 | 0.41% | 0.41% | $10,208 | $10,165 | - |
| Jul, 1998 | 0.41% | 0.41% | $10,167 | $10,124 | - |
| Jun, 1998 | 0.41% | 0.41% | $10,125 | $10,082 | - |
| Apr, 1998 | 0.41% | 0.41% | $10,083 | $10,041 | - |
| Mar, 1998 | 0.00% | 0.00% | $10,041 | $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)