Portfolio Factsheet
S&P 500 Anchor
Takes the S&P 500 as the core holding and adds up to ten assets that tend to move differently from US large-cap, to smooth the ride. Steadier holdings get more weight, the whole portfolio is held to a volatility budget, and it rebalances monthly. Shown out-of-sample throughout (no foreknowledge at any rebalance).
Final Value
£33,630
vs benchmark: £63,752
Annual Return
6.65%
vs benchmark: 15.45%
Volatility
10.9%
vs benchmark: 15.6%
Max Drawdown
-14.5%
vs benchmark: -25.5%
Equity Curve
HL Retail ISA is shown net of all costs and is genuinely tax-free. IB Pro is shown net of dealing/spread/FX costs but gross of UK tax — a higher-rate taxpayer would face dividend tax, CGT and interest tax that add ~80-150 bps/yr of further drag. See Methodology for full details.
Monthly Returns
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total |
|---|
Performance Metrics
| Metric | HL ISA | IB Pro | Benchmark |
|---|