AAPL · Apple Inc. #4
2023-05-30T00:00 → 2026-05-29T00:00 · fmp · 1d · lifo · created 2026-05-31T04:19
Strategy return
53.89%
$15,389
Buy & hold return
76.01%
$17,601
Strategy − Buy&Hold
-22.11 pp
$-2,211
Trades
9 / 9
buys / sells
| Start price (B) | 177.3000 | Target (Z) | 350.0000 (not hit) |
| Capital (A) | 10,000 | First step (C) | 7,000 |
| Steps (N) | 10 | Threshold (X) | 2.0% |
Annualized & capital-efficiency metrics (3.00 yr)
Strategy CAGR
15.46%
whole pot, annualized
Buy & hold CAGR
20.75%
all-in at t0, annualized
Money-weighted IRR
21.05%
on capital while deployed
Avg capital deployed
69.4%
rest sat idle in cash
CAGR grows the whole pot A, so idle ladder cash dilutes it. IRR counts only dollars actually in the market over time, so it runs higher — the gap is the cash drag, which Avg capital deployed measures directly. IRR only "counts" if that idle cash earns its opportunity cost elsewhere.
Strategy vs benchmarks — returns & drawdown
| Series | XIRR | Max drawdown | Downside capture |
|---|---|---|---|
| Ladder strategy | 21.05% | -25.72% | — |
| Buy & hold | 20.75% | -33.43% | 94% |
Max drawdown is the bad-market headline — how deep each fell from its high. Downside capture is the bear-market analog to alpha: of a benchmark's loss in its down periods, the share the strategy absorbed (under 100% = protective, negative = the strategy gained while the benchmark fell).
Portfolio value: strategy vs. buy & hold
⬇ Equity CSVPrice & trades
Trade log (19)
⬇ Trades CSV| # | When | Action | Price | Shares | Amount | Shares held | Cash bal. | Portfolio |
|---|---|---|---|---|---|---|---|---|
| 1 | 2023-05-30T00:00 | INITIAL | 177.3000 | 39.4811 | 7,000.00 | 39.4811 | 3,000.00 | 10,000.00 |
| 2 | 2023-09-26T00:00 | BUY | 171.9600 | 1.7446 | 300.00 | 41.2257 | 2,700.00 | 9,789.17 |
| 3 | 2023-10-06T00:00 | SELL | 177.4900 | 1.7446 | 309.65 | 39.4811 | 3,009.65 | 10,017.15 |
| 4 | 2023-10-20T00:00 | BUY | 172.8800 | 1.7353 | 300.00 | 41.2164 | 2,709.65 | 9,835.14 |
| 5 | 2023-10-26T00:00 | BUY | 166.8900 | 1.7976 | 300.00 | 43.0140 | 2,409.65 | 9,588.25 |
| 6 | 2023-10-30T00:00 | SELL | 170.2900 | 1.7976 | 306.11 | 41.2164 | 2,715.76 | 9,734.50 |
| 7 | 2023-11-02T00:00 | SELL | 177.5700 | 1.7353 | 308.14 | 39.4811 | 3,023.90 | 10,034.56 |
| 8 | 2024-03-05T00:00 | BUY | 170.1200 | 1.7635 | 300.00 | 41.2446 | 2,723.90 | 9,740.42 |
| 9 | 2024-03-18T00:00 | SELL | 173.7200 | 1.7635 | 306.35 | 39.4811 | 3,030.25 | 9,888.90 |
| 10 | 2024-03-26T00:00 | BUY | 169.7100 | 1.7677 | 300.00 | 41.2488 | 2,730.25 | 9,730.58 |
| 11 | 2024-03-27T00:00 | SELL | 173.3100 | 1.7677 | 306.36 | 39.4811 | 3,036.61 | 9,879.08 |
| 12 | 2024-04-02T00:00 | BUY | 168.8400 | 1.7768 | 300.00 | 41.2579 | 2,736.61 | 9,702.60 |
| 13 | 2024-04-11T00:00 | SELL | 175.0400 | 1.7768 | 311.02 | 39.4811 | 3,047.63 | 9,958.40 |
| 14 | 2024-04-16T00:00 | BUY | 169.3800 | 1.7712 | 300.00 | 41.2523 | 2,747.63 | 9,734.94 |
| 15 | 2024-04-19T00:00 | BUY | 165.0000 | 1.8182 | 300.00 | 43.0705 | 2,447.63 | 9,554.25 |
| 16 | 2024-04-24T00:00 | SELL | 169.0200 | 1.8182 | 307.31 | 41.2523 | 2,754.94 | 9,727.39 |
| 17 | 2024-04-29T00:00 | SELL | 173.5000 | 1.7712 | 307.30 | 39.4811 | 3,062.23 | 9,912.20 |
| 18 | 2024-05-01T00:00 | BUY | 169.3000 | 1.7720 | 300.00 | 41.2531 | 2,762.23 | 9,746.38 |
| 19 | 2024-05-02T00:00 | SELL | 173.0300 | 1.7720 | 306.61 | 39.4811 | 3,068.84 | 9,900.26 |