Which benchmark fits my portfolio best?
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.
Here are three benchmark options that match different aspects of your portfolio and what each would capture.
| Benchmark | What it matches |
|---|---|
| MSCI World (global developed equities) | Captures the large allocation to developed-market equities and your holdings in iShares Core MSCI World UCITS ETF; reflects broad developed-market equity returns. |
| S&P 500 (US large-cap equities) | Matches the heavy US and mega-cap tech exposure (18,41% of portfolio in top holding; US exposure 62,45%); useful if you want a US large-cap comparator. |
| Custom blended benchmark (60% MSCI World + 30% Bloomberg Global Aggregate + 10% Crypto index) | Reflects your mix of equities (49,09% + 31,21%), fixed-income-like cash/broad market hedge (cash 6,06%) and a crypto sleeve (8,61%). |
What each benchmark would emphasise:
- MSCI World: equity performance, currency effects from EUR/USD, mega-cap tech swings.
- S&P 500: US large-cap drivers and tech concentration effects.
- Blended: overall portfolio-like mix including cash and crypto exposures.
If you want a single best fit by headline exposures, MSCI World or a custom blend that includes a crypto component would reflect your actual mix most closely.
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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.