Unhappy Halloween Child
Franklin is a small Sector BPI portfolio that continues to hold its own when compared to the SPY benchmark. We now have a two-year history with this model for the Franklin. The ITA Sector BPI portfolios (five in total) are of different size, are reviewed at different times, and were launched at different periods so we are beginning to strengthen the original hypothesis that this model should outperform the S&P 500 index.
Franklin Current Security Holdings
For a number of weeks the only sector ETF in any of the Sector BPI portfolios is Energy (VDE). That is also true for the Franklin. Since the last update shares of VTI and VOO were added to the portfolio and we still have another $2,800 to invest. Limit orders are in place to pick up more shares of VOO and VTI.
Franklin Performance Data
Since 12/31/2021 the Franklin has edged out SPY and performed much better when compared to the index itself. The gap is much wider when compared to other potential benchmarks. The Franklin is no slouch when it comes to performance.
The combined performance (IRR for Period) of all Sector BPI portfolios since 12/31/2021 is 32.96% or a tad higher than the Franklin.
Franklin Risk Ratios
When comparing 2024 November data with 2023 November data, the Franklin outperforms all except the Information Ratio.
The high Jensen Performance Index or Jensen Alpha indicates the Sector BPI “mechanical” investing model is working as anticipated.
Tweaking Sector BPI Plus Investing Model: Part II
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