Important: The projections and other information shown on BacktestPortfolios.com about the likelihood of investment outcomes are hypothetical, do not reflect real trading or actual investment results, and are not a guarantee of future performance. Output can change with each use and over time.
Nothing on this site is investment advice or a recommendation. It is provided for general informational and educational purposes only, and is not an offer or solicitation to buy or sell any security. Use of the site is subject to its terms of service.
Investing involves risk, including the possible loss of principal. Past performance is not a guarantee of future results.
Asset allocation and diversification do not guarantee a profit and do not protect against a loss.
Hypothetical results do not include trading costs, transaction fees, commissions, bid-ask spreads, or any taxes that would be owed on real investment gains.
Calculations draw on data from sources we believe to be reliable, but we cannot guarantee that the data is accurate, current, or complete.
Results use each asset's total return and assume that all dividends and distributions are reinvested.
Correlation analysis uses monthly returns and covers the full available data range unless you select a specific date range.
Monthly standard deviation is computed over the full calendar months in the period, including the entered start and end months.
Annualized standard deviation is derived from the standard deviation of monthly returns.
Annualized return (CAGR) is computed over the selected period using the compound annual growth rate formula.
See the methodology and data-source notes for definitions and further detail.