This past week I posted Internal Rate of Return (IRR) data for the combined performance of sectors used in the four Sector BPI Plus portfolios tracked here at ITA. Publishing only IRR data, while truthful, can be misleading when securities are held for short periods. The following data provides more information as it includes the IRR data for the period held as well as the annualized IRR data.
The following information covers the time frame from 12/31/2021 through 6/30/2023. Real Estate is the only sector in negative territory and the Sector BPI portfolios still hold this ETF. Updating this information each quarter will help readers better understand how well the Sector BPI Plus model is performing.
Keep in mind that the Plus is an addition to the original Sector BPI model and is designed to patch a potential hole should a sector be sold, only to rebound into the overbought zone without ever moving down to the oversold zone. This requires additional explanation and you will find detailed information when the different Sector BPI portfolios are reviewed.
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