Performance

 

                                              Comus Gross       Comus Net of Fees       S&P 500 Index

Apr 1, 2016-Dec 31, 2016          32.60%                  30.87%                     12.26%

               2017                            36.03%                  33.50%                     20.17%

            2018                           -4.47%                   -6.99%                      -4.39%

2019 5.39% 4.13% 18.54%

 Cumulative Returns                   81.60%                  69.21%                    52.89%

  Annualized Returns                  20.15%                  17.57%                    13.96%

 

The performance figures represent all realized and unrealized losses and gains in the firm's brokerage account after commissions and on a currency-adjusted basis over the specified time period, as recorded by InteractiveBrokers.

See the document below for my reasoning on using the S&P 500 as our benchmark and why our relative performance would be improved if we had used an international/global ex-US small-cap index instead:

Choice of Benchmark