This strategy invests in the sectors that are the cheapest relative to their historical valuations (after screening out the sectors with the lowest momentum). The selection universe consists of 10 sector ETFs. Each sector is ranked using a composite of value metrics and the top 5 ETFS are added to the portfolio on each rebalancing date.
Since 2006, this portfolio has returned 11.0% per year, outperforming its benchmark by 0.5%
Year | Portfolio | S&P 500 |
2007 | 10.3% | 5.1% |
2008 | -32.6% | -36.8% |
2009 | 26.3% | 26.4% |
2010 | 19.3% | 15.1% |
2011 | 10.1% | 1.9% |
Year | Portfolio | S&P 500 |
2012 | 15.2% | 16.0% |
2013 | 36.3% | 32.3% |
2014 | 16.1% | 13.5% |
2015 | -2.1% | 1.2% |
2016 | 22.1% | 12.0% |
Year | Portfolio | S&P 500 |
2017 | 18.2% | 21.7% |
2018 | -13.8% | -4.6% |
2019 | 24.1% | 31.2% |
2020 | 9.5% | 18.3% |
2021 YTD | 26.8% | 26.2% |