How did I perform relative to my benchmark this year?
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.
For 01/01/2026–10/09/2026 I compare your portfolio to the HSBC MSCI World UCITS ETF (IE00B4X9L533).
| Period | Portfolio total return (TWR, %) | Benchmark return (%) | Excess return (percentage points) |
|---|---|---|---|
| 01/01/2026 to 10/09/2026 | 5,28 | 11,16 | -5,88 |
This means your portfolio returned +5,28% by time-weighted return in this period, while the benchmark returned 11,16%, so your portfolio underperformed by -5,88 percentage points.
Notes:
- The table uses time-weighted return for the portfolio and the benchmark return as provided.
- The comparison covers 01/01/2026–10/09/2026 and reflects market and cash movements (not individual trades).
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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.