Portfolio Update (Q2 2023)
Portfolio Performance, Holdings Update, and Future Outlook
In this portfolio update, my goal is to provide you with information on my portfolio performance in 2022 and the first half of 2023, take a look at each of my stock holdings, and discuss recent changes in the portfolio. I’ll close with a future outlook discussion for 2023 for each of my individual stock holdings.
Let’s dive into it.
Portfolio Performance
Compound Annual Growth Rate = 24.2% (Jan 2020 - May 2023) [3.4 years]
In 2020 and 2021, I outperformed the S&P500. However, in 2022 that came to an end. I underperformed the S&P 500 during 2022 while maintaining outperformance over a 3-year investment time frame. In 2023, I’m basically matching the S&P500 while maintaining an advantage over the full 3.4 year period.
May 2023 YTD Return = 12.02%
April 2023 YTD Return = 12.47%
Mar/Q1 2023 YTD Return = 10.67%
Since Inception:
2020 FY Return = +22.0% (Vs 18.4% for the S&P500 with dividends reinvested)
2021 FY Return = +117.5% (vs 28.71%)
2022 FY Return = -29.3% (vs -18.11%)
