Protected: 2019 Q3 Performance Update
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Category Archives: Performance Measurment
Protected: 2018 Midyear Model Portfolio Performance Review
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Currency Impacts on International Stock Returns
Today I’d like to discuss the impact of currency appreciation on international stocks. Let’s focus on developed-country stocks and the MSCI EAFE Index. EAFE stands for Europe, Australasia and Far East. Furthermore, we use several exchange traded funds (ETFs) to help with the illustration. US Stock vs. International Stocks, YTD Our first […] Read the full article…
Time-weighted Return vs. Money-weighted Return
In this article, I will introduce two different performance measurements that are commonly used in reporting returns. I will provide an introduction, explain the usefulness of each measure and then walk through an illustrative example showing how the two measures can differ. Introduction If we invest $1 and the return over one period is 5%, […] Read the full article…