Welcome back to another monthly update of my stock market portfolio. If you’re new here, this is where I share my various moves in the markets that I’m active in. As of right now, I’m simply maintaining and monitoring a diversified ETF portfolio, that I plan to hold for the long term. Read on to lean about the portfolio and it’s performance!
Goals
My goals for this portfolio are three-fold:
- Perform well when the market is up
- Not suffer too badly when the market is down
- Capitalize on emerging technologies several years in the future
I realize — maybe am now realizing — that the third goal is a bit of a hinderance on the first, but that’s alright. I don’t necessarily expect this to be an all-world, market-beating portfolio. At least not yet. So lagging the markets overall a bit (as long as there’s still pretty significant gains) is fine with me.
So far, I’m feeling really comfortable about where the portfolio is.
Month over Month Performance
On the month, my portfolio gained roughly 4.4%; which lagged the S&P a bit (it gained a little over 6%), but was right on par with the DOW (which gained a little over 4%). Major gains were made by PEJ, the leisure and entertainment ETF, and PSCT the small-cap tech fund. Here’s how each security performed based on it’s weight over the month of May:
Year to Date Performance
On the year, I’m still beating the markets — and I’ve officially gotten into profit for the year. The S&P gained about 1% and the NASDAQ lost about 3/4 of one. The DOW essentially had no change. My portfolio, however, has gained a little over 3%.
The main gains were had in XLI and XLU (Industrials and Utilities); while PSCT has really underperformed, losing nearly a point. Given the fact that it’s been largely down, it makes sense that it’s showing a relatively high return on the month.
Overall Performance
Since the stock-market portfolio’s inception (in mid-July of 2022), it’s gained 30.5%. That’s lagging the S&P pretty significantly, which has gained about 55%. But it’s closer to the DOW which is up ~36.5% in the same period.
Like I mentioned earlier, I’m not expecting this to have outsized gains right now. The plan is for those to come later when self-driving cars and more advanced robotics are part of our daily lives. So, I’m not upset in the slightest about my performance and how it currently compares.
Right now, I’m on a quarterly schedule of adding to the fund, so I’ve got another month before I make any more moves. In the meantime, I’m simply going to continue to monitor occasionally — but the point is to largely be hands off. Stay tuned for next month’s post to see which ETFs I end up purchasing when I make an update.
Thanks for reading! Let me know how your portfolio is doing in the comments — hopefully it’s doing better than mine. And if you’ve got any questions, please leave those as well. I’m happy to answer.
Hope to see you back here in July 📈