Can you please add your strategy’s comparative returns to SPY in these monthly performance updates alongside MSCI World, to humor those of us who think that past 15 years of rolling outperformance of the former over the latter, combined with the US market’s leadership relative to technology for the foreseeable future, makes SPY set-and-forget the more formidable competitor to your strategy?
Yes :-) I've actually thought about this. I've just been considering the best way to present it, as tracking different benchmarks across currency denominations can introduce some technical mismatches.
But I completely get your point. For many people, the S&P 500 is the benchmark to beat. To give you a quick overview, I just pulled the historical CAGR numbers (annual returns). Even without adjusting for EUR/USD fluctuations, the overall picture should be quite clear:
25y CAGR
Strategy: 16.70%
S&P 500: 6.80%
MSCI: 4.35%
15y CAGR
Strategy: 18.06%
S&P 500: 11.96%
MSCI: 9.60%
5y CAGR
Strategy: 22.92%
S&P 500: 12.75%
MSCI: 11.40%
2026 YTD
Strategy: 24.10%
S&P 500: 10.73%
MSCI: 10.51%
I will create a chart with these numbers as well to visualize the difference. You can also find some S&P 500 comparisons in the charts of my original strategy article. Thanks for the input!
I really need to take some time to go through your stuff - from what I’ve seen it looks like it’s worth a proper deep dive. I’m on holiday next week so I’ll do it then. Hope you enjoy being read on a beach in Sicily!
Can you please add your strategy’s comparative returns to SPY in these monthly performance updates alongside MSCI World, to humor those of us who think that past 15 years of rolling outperformance of the former over the latter, combined with the US market’s leadership relative to technology for the foreseeable future, makes SPY set-and-forget the more formidable competitor to your strategy?
Yes :-) I've actually thought about this. I've just been considering the best way to present it, as tracking different benchmarks across currency denominations can introduce some technical mismatches.
But I completely get your point. For many people, the S&P 500 is the benchmark to beat. To give you a quick overview, I just pulled the historical CAGR numbers (annual returns). Even without adjusting for EUR/USD fluctuations, the overall picture should be quite clear:
25y CAGR
Strategy: 16.70%
S&P 500: 6.80%
MSCI: 4.35%
15y CAGR
Strategy: 18.06%
S&P 500: 11.96%
MSCI: 9.60%
5y CAGR
Strategy: 22.92%
S&P 500: 12.75%
MSCI: 11.40%
2026 YTD
Strategy: 24.10%
S&P 500: 10.73%
MSCI: 10.51%
I will create a chart with these numbers as well to visualize the difference. You can also find some S&P 500 comparisons in the charts of my original strategy article. Thanks for the input!
I really need to take some time to go through your stuff - from what I’ve seen it looks like it’s worth a proper deep dive. I’m on holiday next week so I’ll do it then. Hope you enjoy being read on a beach in Sicily!
I never thought of this as beach material, but I love it! :-)
Thanks for your comment. Would love to hear the outcome of your deep dive. Enjoy your vacation!