Scottish Mortgage Investment Trust plc

10-Year Study

SMT.LSE · Financial Services · GB · Common Stock

Executive Summary: Scottish Mortgage Investment Trust plc has compounded at 19.3% annually over the last 10 years, with a maximum drawdown of 57.9% and an annualized volatility of 34.1%.

1Y CAGR
+51.2%
3Y CAGR
+30.7%
5Y CAGR
+4.2%
10Y CAGR
+19.3%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
57.9%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.75
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
1.38
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
23.9%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2020 · +110.5%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2022 · -45.7%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
90%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
20265.9-1.4-3.820.5————————21.0%
202513.7-4.0-9.5-4.69.45.36.20.03.63.0-9.111.424.5%
2024-4.23.511.6-5.74.21.0-2.2-4.21.13.68.91.318.7%
20233.7-4.8-4.9-7.35.90.510.4-6.8-2.3-4.113.111.512.5%
2022-19.3-6.41.6-10.9-11.8-11.120.5-6.5-2.9-6.85.8-6.1-45.7%
20213.5-9.60.210.7-5.111.6-1.14.04.35.1-0.7-10.210.5%
20200.3-3.42.215.89.612.96.010.63.10.410.410.8110.5%
20193.62.13.72.7-4.35.76.1-7.6-3.20.44.99.524.8%
20181.20.9-3.67.37.54.30.84.7-3.3-11.03.1-5.74.6%
20176.12.94.72.45.91.11.46.9-2.55.11.9-0.441.1%
2016———-2.12.13.910.03.95.63.5-6.11.523.4%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 34.1%. The dominant macroeconomic risk driver is VTI.US, accounting for 75.0% of variance. Idiosyncratic stock-specific factors contribute 14.3%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-019794.288767394228
2016-05-019996.189936685358
2016-06-0110386.735507979607
2016-07-0111421.576062663671
2016-08-0111862.344464324005
2016-09-0112521.573930315673
2016-10-0112954.673925769344
2016-11-0112161.697960549951
2016-12-0112338.791473665702
2017-01-0113085.66446578849
2017-02-0113466.799542792403
2017-03-0114094.329442938166
2017-04-0114436.965580282296
2017-05-0115287.78450249706
2017-06-0115453.146078310278
2017-07-0115661.866737905864
2017-08-0116740.263517979918
2017-09-0116322.818175490633
2017-10-0117149.976081492707
2017-11-0117470.520288888896
2017-12-0117408.48505525799
2018-01-0117625.606361317114
2018-02-0117780.696457043447
2018-03-0117144.838329800205
2018-04-0118401.040746756316
2018-05-0119773.560735507177
2018-06-0120615.278957386436
2018-07-0120790.312541867446
2018-08-0121762.731626301582
2018-09-0121054.812206525545
2018-10-0118748.23528086443
2018-11-0119324.560665904115
2018-12-0118216.620807773656
2019-01-0118868.121518086937
2019-02-0119264.090495239834
2019-03-0119974.110076631758
2019-04-0120520.276819003484
2019-05-0119642.505822718198
2019-06-0120767.74183944385
2019-07-0122040.033425560738
2019-08-0120356.69354095697
2019-09-0119710.76107523447
2019-10-0119789.05445654697
2019-11-0120764.631830001166
2019-12-0122727.265046430868
2020-01-0122805.76763924534
2020-02-0122020.717571311958
2020-03-0122511.374869594852
2020-04-0126063.733870094948
2020-05-0128575.901329418393
2020-06-0132267.003765404705
2020-07-0134195.15731699123
2020-08-0137835.03109808278
2020-09-0138995.85720993127
2020-10-0139133.58275099446
2020-11-0143189.61039588047
2020-12-0147839.58949484676
2021-01-0149494.6657101946
2021-02-0144726.4700427234
2021-03-0144805.28242949271
2021-04-0149612.886301997605
2021-05-0147090.86176229308
2021-06-0152536.154362683425
2021-07-0151963.82008937354
2021-08-0154036.06001634264
2021-09-0156364.86164078948
2021-10-0159265.9935152481
2021-11-0158871.43269243535
2021-12-0152846.000620392566
2022-01-0142632.399700183814
2022-02-0139886.382061240234
2022-03-0140538.3172877499
2022-04-0136113.07962147202
2022-05-0131869.594447526735
2022-06-0128338.917000566886
2022-07-0134146.137452761446
2022-08-0131919.905790451347
2022-09-0130992.96606790603
2022-10-0128885.57056201049
2022-11-0130550.08945803358
2022-12-0128692.311437069784
2023-01-0129740.288060098417
2023-02-0128319.170653419824
2023-03-0126937.747105941082
2023-04-0124960.88348407961
2023-05-0126429.63674043652
2023-06-0126553.160039154736
2023-07-0129318.449276067855
2023-08-0127318.19822226549
2023-09-0126680.66640300653
2023-10-0125588.892156701026
2023-11-0128936.284234746567
2023-12-0132266.79455390274
2024-01-0130901.04577587896
2024-02-0131995.242047649528
2024-03-0135701.13010420744
2024-04-0133648.515825441966
2024-05-0135062.1820840121
2024-06-0135413.3073803783
2024-07-0134628.305592022276
2024-08-0133162.428993817404
2024-09-0133522.888341809754
2024-10-0134724.426207281125
2024-11-0137826.93622227595
2024-12-0138316.426764105585
2025-01-0143552.33486071141
2025-02-0141807.0321618428
2025-03-0137851.01163819445
2025-04-0136101.693687807354
2025-05-0139504.031948205666
2025-06-0141600.90250623309
2025-07-0144175.813299655645
2025-08-0144175.813299655645
2025-09-0145765.01605497112
2025-10-0147132.937413976855
2025-11-0142848.12492179714
2025-12-0147716.315640611654
2026-01-0150512.50783034395
2026-02-0149788.31416969387
2026-03-0147917.48054634778
2026-04-0157734.32794627127
Annual Return Matrix
YearAnnual Return
20170.41087440308983036
20180.046421945962011435
20190.24761146901253883
20201.1049426491534482
20210.1046499599685129
2022-0.4570580346623656
20230.12457982427357916
20240.1874878584576083
20250.24532268977940785
20260.2099494097807757
Total Factor Risk
0.340934096215746
VTI.US Exposure
0.7498883759946681
VEA.US Exposure
0.13747469725228573
VWO.US Exposure
-0.00807628040224398
QQQ.US Exposure
-0.15545535514002928
VTV.US Exposure
-0.10340765297722848
IJR.US Exposure
0.02485988702233636
QUAL.US Exposure
0.0002989254920219838
SHV.US Exposure
0.11504192809108056
TLT.US Exposure
0.008494572452867602
LQD.US Exposure
0.09852103965128085
HYG.US Exposure
-0.025547221549318495
GLD.US Exposure
0.0020406633910200573
USO.US Exposure
-0.00364309948096847
VNQ.US Exposure
0.0006463577503909732
BTC-USD.CC Exposure
0.00624583695142347
CPER.US Exposure
0.008654106365704576
VIX.INDX Exposure
-0.03200468032626868
UUP.US Exposure
0.02034973137151532
TIP.US Exposure
0.013071481776932188
Idiosyncratic Exposure
0.14254668631252976
Value Score
48.4
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
4.2
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
34.1%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →4.1x
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →0.35%
Market Cap$13.7B
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$0
Avg Yield on Cost
0.00%

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+16.3%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+24.9%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
0.0% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
0.80
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is Scottish Mortgage Investment Trust plc a high-risk investment?

Scottish Mortgage Investment Trust plc (SMT.LSE) has an annualized volatility of 34.1% and experienced a maximum drawdown of 57.9% over the last 10 years. Its primary macro risk driver is VTI.US.

What is the 10-year return of SMT.LSE?

Over the past 10 years, SMT.LSE has generated a Compound Annual Growth Rate (CAGR) of 19.3%. It has had a positive return in 90% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

Run a Full Backtest on Scottish Mortgage Investment Trust plc

stresstest.pro lets you simulate DCA vs Lump Sum, Monte Carlo projections, portfolio optimisation, and more — all in seconds.

Start a Free Backtest