2020 +13.22%. 2021 +5.03%. 2022 −30.24%. 2023 +40.84%. 2024 +22.40%. 2025 +16.49%. 2026, year to date on the same series, +10.98%. Compounded, these years — with 2026 still partial — give about +85% from the start of 2020. The minus sign of 2022 is inside that number, not outside it.
A drawdown of that order is not a blip to hide in a footnote. It is the historical cost of being invested in a year when many equity portfolios suffered. Anyone who enters later, by copying, is not protected from a repeat.
The profile summary also indicates an annualised return close to +9.78%, a five-year figure of +39.68% and a ten-year figure of +80.55%. These are different windows from the calendar series year by year: they are not to be added together, nor forced to “agree”. Both are published, with the source labelled.
The lesson, and it is only a teaching point, is one of method: write the risk down before the good year. The courses and the sessions are for that. Not to promise that the next −30 will not arrive.
Informational note. This is not a recommendation to buy or sell, nor a forecast. The returns cited are those of the public series and may change.