How every portfolio fared in the 2020 COVID crash
The fastest ~34% drawdown in history and a five-month round trip.
Window 2020-02-19 to 2020-08-18 · six allocations · computed 2026-07-19 with the same engine the app runs. Ranked by real return, best first.
| # | Allocation | Real return | Max drawdown | PP ratio | Recovery | |
|---|---|---|---|---|---|---|
| 1 | Tangible 60 (30% gold · 30% equities · 15% silver · 15% commodities · 10% cash) | +13.7% | −16.7% | 1.14× | 71 days | Read |
| 2 | 40% gold tilt (40% gold · 40% equities · 20% cash) | +9.0% | −15.6% | 1.09× | 66 days | Read |
| 3 | Permanent-style (25% gold · 25% equities · 25% cash · 25% commodities) | +5.6% | −10.0% | 1.06× | 67 days | Read |
| 4 | 20% gold tilt (60% equities · 20% gold · 20% cash) | +5.1% | −21.1% | 1.05× | 77 days | Read |
| 5 | 60/40 (stocks/cash) (60% equities · 40% cash) | +1.5% | −20.0% | 1.01× | 4.4 months | Read |
| 6 | All equities (100% equities) | +0.1% | −33.6% | 1.00× | 4.9 months | Read |
Across this window, Tangible 60 preserved the most real value at +13.7%, while All equities did the worst at +0.1%. The shallowest real drawdown belonged to Permanent-style at −10.0%. Returns are real (CPI-deflated), after quarterly rebalancing and physical coin costs.
All crisis outcomes Mix profiles Test your own mix
Purchasing-power ratio is real terminal value ÷ real starting value: above 1.00× means the mix ended the window richer in real terms. Sources and definitions: methodology.
Educational estimates, not financial advice