Copernicus Portfolio Update: 23 June 2026

American Goldfinch

Copernicus is the “all equity” portfolio, but with a few changes since the U.S, Stock market is overvalued by a wide margin.  At this writing the market was down today, but the Copernicus was holding to the upside.

The current portfolio holds very few shares in the total market while investing in dividend driven ETFs and a major holding in short-term treasuries.

Copernicus Security Holdings

Below are the current holdings of the Copernicus.  This morning I placed a limit order for five (5) shares of SCHD to use up available cash.  I am patiently waiting for a market correction (drop of 10% or more) before selling too many shares of SCHO to raise cash to move back into VTI.

Copernicus Performance Data

Since 12/31/2021 the Copernicus has outperformed all tracked benchmarks by a wide margin.  Dollar-cost-averaging during the poor market of 2022 is paying off at this time.  Another buying opportunity is anticipated over the next few years.

Copernicus Risk Ratios

All four risk ratios are higher than they were a year ago.  The spike in the Treynor Ratio is due to a solid IRR combined with moving more shares into the low volatile SCHO ETF.  These data points impact the Treynor, the least important of the four ratios.

It will be extremely difficult to maintain the Jensen Alpha at current levels.  Anything above zero is considered excellent.

The Copernicus is currently in a maintenance mode as no changes are anticipated if the market remains relatively flat.