St Johns Bridge – Portland, Oregon.
Despite the significant selloff of equities, the Copernicus continues to smash the SPY benchmark. Lack of an interest rate cut, unrest in the Middle East, higher unemployment, lower than anticipated jobs report all likely contributed to today’s market drop. Regardless of the reasons, stick with the numbers as they eventually tell the story.
As readers will see in a moment the Copernicus holds very little cash. I placed a few small limit orders to pick up more shares of VOO and VTI should the market drop further. The philosophy of the Copernicus is to stay fully invested in U.S. Equities and never sell unless there is an emergency. This portfolio is for the young and it is a long-term investment strategy.
Copernicus Security Holdings
Below are the current holdings for the Copernicus. The portfolio is currently heavily weighted toward ESGV and VOO. I prefer VOO as it mirrors the S&P 500 and the goal of this portfolio is to outperform the S&P 500.
Copernicus Performance Data
Since 12/31/2021 the Copernicus has returned nearly 47%. This percentage includes this morning’s selloff.
Copernicus Risk Ratios
While an all equity portfolio is consider high risk the numbers don’t backup this argument. While the Jensen Performance Index is well off its all-time high it is still positioned in rare air at 11.4.
The slope of the Jensen also turned positive as we dropped off some very high values these past two months.
Comments are most welcome.
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