FYLD: Beautiful Cash-Centered Strategy But Bleak Returns


Dollars

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Monetary policy is perhaps the main reason why foreign equities have the reputation of being somewhat unloved by U.S. investors. The gist is that it is necessary to not only identify long plays based on their individual merits

Portfolio FYLD IVV VEA
Initial Balance $10,000 $10,000 $10,000
Final Balance $14,947 $29,651 $15,156
CAGR 4.28% 12.01% 4.43%
Stdev 17.25% 15.07% 15.39%
Best Year 29.81% 31.25% 26.42%
Worst Year -14.51% -18.16% -15.36%
Max. Drawdown -34.40% -23.93% -28.08%
Sharpe Ratio 0.27 0.76 0.29
Sortino Ratio 0.38 1.17 0.42
Market Correlation 0.82 1 0.88

Portfolio FYLD IVV IDEV VEA
Initial Balance $10,000 $10,000 $10,000 $10,000
Final Balance $15,330 $21,697 $14,670 $14,597
CAGR 6.98% 13.01% 6.24% 6.15%
Stdev 19.27% 16.99% 16.66% 16.94%
Best Year 19.80% 31.25% 23.11% 22.62%
Worst Year -14.51% -18.16% -14.96% -15.36%
Max. Drawdown -34.40% -23.93% -27.49% -28.08%
Sharpe Ratio 0.37 0.72 0.35 0.35
Sortino Ratio 0.52 1.08 0.51 0.5
Market Correlation 0.83 1 0.9 0.9



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