Looking across frozen Jenny Lake at a portion of The Grand Tetons.
As the oldest Sector BPI portfolio the Carson is breaking ground in the sense that more data is available to judge this unique investing model. Unique in that I’ve not run across this model and the various ways to manipulate sector ETFs to protect capital. In this review I’ve added two additional screenshots that will provide more information to strengthen the Sector BPI hypothesis.
Carson Investment Quiver and Holdings
Below is the current Carson investment quiver and holdings. Based on the most recent BPI data, Technology (VGT) and Financials (VFH) are overbought. I have a 2.8% Trailing Stop Loss Order (TSLO) in place to sell 15 shares of VGT. The Carson is held by Schwab and Schwab permits decimal TSLOs.
Carson Performance Data
Since 12/31/2021 the Carson is far outperforming the S&P 500 (SPY). To view performance and risk trends we need to move down to the Risk Ratios table.
Carson Risk Ratios
The slope of the Jensen (-0.11) is the best trend indicator. After we clear the high values of last November and December, there is a chance the slope may turn positive. It all depends on how the Carson performs over the next several months. Regardless of the trend, any Jensen Performance Index above zero is good news.
Carson Sector Portfolio Report
The following table shows us just how well the individual sectors performed within the Carson since 1/1/2022. Note that the Beginning Market Value is zero as the Carson did not hold any sectors on 1/1/2022. This data comes out of the Investment Account Manager software, a commercial product.
Lest this goes down as data mining, I will be posting data for all the Sector BPI portfolios in the future. Right now I need more information as several portfolios only began using this approach on November 1 of this year. Several other portfolios shifted to the Sector BPI model between 1/1/2022 and 11/1/2023. Right now I am tracking 13 different portfolios using this model. I report monthly on 11 of those 13.
Carson 2023 Sector BPI Performance Report
The following table lays out how well the sector ETFs held in the Carson performed this year. Once more, the Sector BPI model for this particular portfolio performed very well. It has also been a very good year for the S&P 500. The NASDAQ is having a spectacular year.
Note that SPY, designed to track the S&P 500, actually did a bit better than the index itself.
Questions and Comments are always welcome.
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Tweaking Sector BPI Plus Model: 20 May 2023
Tweaking Sector BPI Plus Investing Model: Part II
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