Am I beating my benchmark?
A performance question asks what a portfolio has actually returned. The answer keeps the money you paid in apart from the money the investments made, which is why a time-weighted and a money-weighted return can differ so much on the same account.
Worked through on a sample portfolio. The figures below are that portfolio’s, not yours.
Short answer: No — over the same long period your portfolio has underperformed the benchmark.
Table (period comparisons)
| Period | Portfolio time-weighted return (%) | Benchmark return (%) | Excess (portfolio − benchmark, pct. points) |
|---|---|---|---|
| 12/05/2021 to 10/09/2026 | +45,96% | 75,79 | -30,59 |
| 01/01/2026 to 10/09/2026 | 5,28 | 11,16 | -5,88 |
What this means
- Over 12/05/2021–10/09/2026 your portfolio's time-weighted return is +45,96%, which is −30,59 percentage points below the HSBC MSCI World UCITS ETF (IE00B4X9L533).
- Year-to-date (01/01/2026–10/09/2026) your portfolio returned 5,28% versus the benchmark's 11,16%, an underperformance of −5,88 percentage points.
If you want, I can break performance down by holding, sector or month to show where the differences come from.
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Related questions
See this for your own portfolio
The assistant answers the same question about your own holdings, with your figures and today’s prices. Import from your broker, or open the demo portfolio and ask it there.