VSTAX's 10 year return since 2010 was 11.29% annually (191% total return). That means Universa could've lost around 23% every year until 2020, gain 4144% in 6

VSTAX's 10 year return since 2010 was 11.29% annually (191% total return). That means Universa could've lost around 23% every year until 2020, gain 4144% in 6 months and still beat the index (according to my naive arithmetic at least). (0.77^10) * 4244% = 311% -> 211% total return