(Underneath-) Efficiency assessment 2025 – Remark: “Imply reversion investing – Banks & Spirits”

As this assessment turned a bit of bit longer (an excessive amount of time on my arms ?), I made a decision to publish is as a PDF model. Have enjoyable.

Abstract:

There isn’t any method round it: 2025 was one other dangerous yr in relative phrases (the third within the row). The Worth & Alternative portfolio gained +9,4 % (together with dividends, no taxes, AOC fund as of 30.09.2025) towards +21,5% for the Benchmark (Eurostoxx50 (25%), Eurostoxx small 200 (25%), DAX (30%), MDAX (20%), all efficiency indices together with Dividends). Hyperlinks to earlier Efficiency evaluations might be discovered on the Efficiency Web page of the weblog.

Over the 15 years from 12/31/2010 to 12/31/2025, the portfolio gained +429% towards +225% for the Benchmark (earlier than taxes). In CAGR numbers this interprets into 11,7% p.a. for the portfolio vs. 8,2% p.a. for the Benchmark.  

The complete monty: