Copernicus Portfolio Update: 18 August 2026

Reworking Parking Lot

For a number of years the management model for the Copernicus was to invest in the S&P 500 or similar broad based index ETFs.  In the last few months as the U.S. Equities market hit new high after new high I stepped back from investing so heavily in mega-cap growth companies.  This move may have been early, but the warning flags are flying indicating some sort of correct is on the near horizon.  The equity pullback is not total as the Copernicus holds quite a few shares of dividend driven ETFs.  However, the primary holding is a short-term treasury (SCHO).

Copernicus Security Holdings

Below readers will find the ETFs held in the Copernicus portfolio.  As currently constructed the dividend return is a tad over 3.0%.

The current beta is 0.20 so this is a low risk portfolio.  Yes, the Copernicus will lose money in a correction, but losses will be minor.

Copernicus Performance Data

Since 12/31/2021 the Internal Rate of Return (IRR) for the Copernicus is 16.26%.  This percentage is well above any of the six benchmarks tracked here at ITA.  Investments made in 2022 are now paying off.  This is a classic example of dollar-cost-averaging.

Copernicus Risk Ratios

The risk ratios are all unusually high values.  While not at its high point, a Jensen Alpha value of 11.8 is extremely high, particularly considering anything above zero is considered excellent.

A few limit orders are in place to add shares to VTI and RSP.