Advice performance record

Advice Performance Tracking

What USD 10,000 became under T&Q's advice, recalculated daily from Interactive Brokers statements – the whole record, including the declines.

Last update
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Record begins
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Return basis
Time-weighted (TWR), before performance fee
Benchmark
S&P 500 Total Return

IGrowth of USD 10,000

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T&Q advice

IIYear by year

Select a year to see it on the chart.

YearStart value (USD)T&Q returnEnd value (USD)S&P 500Basis

Each year's return is applied to the previous year's end value, starting from USD 10,000 on the first day of the record. Returns before T&Q's performance fee.

IIISources and method

From 1 Jan 2025 – actual T&Q fund
All Interactive Brokers accounts under T&Q advice, combined. Positions, trades, cash, interest and fees come from Interactive Brokers daily statements, imported every day into T&Q's operating system. Each day is valued at Interactive Brokers closing prices. Returns are time-weighted (TWR) and chained daily, so partners' deposits and withdrawals do not move the figure; after trading costs and margin interest, before T&Q's performance fee; margin leverage is included as used. Each account's yearly return is checked against Interactive Brokers' own time-weighted return (TWR). These are the same figures partners see on the Partnership Portal.
1 Mar 2020 – 31 Dec 2024 – simulated
T&Q's advice decisions as recorded in our trade log, replayed on USD 10,000 without leverage and valued every trading day at public exchange closing prices (unadjusted closes; dividends added as cash). This period spans several brokers, so it is shown as a simulation.
Benchmark
S&P 500 Total Return index (dividends reinvested), daily closes, rebased to USD 10,000 on the same start date.
Rounding
Percentages are shown to one decimal place and cut, never rounded up.

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