|
| AXIA Energia SA | 134 | 9.1% | 8.85 | 17,485 |
| CLP Holdings Ltd. | 1156 | 9.8% | 8.87 | 22,412 |
| Clearway Energy, Inc. | 414 | 9.9% | 33.46 | 3,944 |
| ENGIE Brasil Energia SA | 71 | 8.8% | 5.46 | 8,727 |
| Endesa SA | 85 | 9.9% | 18.09 | 37,676 |
| Engie SA | 336 | 12.3% | 25.99 | 63,038 |
| Enel SpA | 274 | 10.2% | 10.24 | 103,963 |
| Portland General Electric Co. | 232 | 9.2% | 47.46 | 5,255 |
|
|
| 2025-12-22 | SELL | ALE^25:USA | ALLETE, Inc. | 67.90 |
| 2025-11-03 | SELL | CEPU:USA | Central Puerto Sa | 16.05 |
| 2025-10-13 | BUY | EGIEY:USA | ENGIE Brasil Energia SA | 7.60 |
| 2025-09-29 | BUY | ELEZY:USA | Endesa SA | 15.78 |
| 2025-09-22 | BUY | ALE^25:USA | ALLETE, Inc. | 63.95 |
| 2025-09-22 | SELL | XNGSY:USA | ENN Energy Holdings Ltd. | 32.82 |
| 2025-08-11 | BUY | AXIA:USA | AXIA Energia SA | 8.27 |
| 2025-07-07 | BUY | CEPU:USA | Central Puerto Sa | 11.39 |
| 2025-05-19 | BUY | XNGSY:USA | ENN Energy Holdings Ltd. | 32.20 |
| 2025-05-05 | BUY | POR:USA | Portland General Electric Co. | 42.26 |
| 2025-04-14 | SELL | KEN:USA | Kenon Holdings Ltd. | 28.58 |
| 2025-04-14 | SELL | AES:USA | The AES Corp. | 10.48 |
| 2025-04-14 | SELL | NPIFF:USA | Northland Power, Inc. | 13.34 |
| 2025-04-07 | BUY | NPIFF:USA | Northland Power, Inc. | 12.62 |
| 2025-04-07 | BUY | KEN:USA | Kenon Holdings Ltd. | 31.19 |
| 2025-04-07 | BUY | AES:USA | The AES Corp. | 10.63 |
| 2025-04-07 | SELL | HOKCY:USA | The Hong Kong & China Gas Co., Ltd. | 0.84 |
| 2025-03-31 | SELL | XNGSY:USA | ENN Energy Holdings Ltd. | 33.01 |
| 2025-03-24 | BUY | ENLAY:USA | Enel SpA | 7.78 |
| 2025-01-21 | BUY | ENGIY:USA | Engie SA | 16.32 |
|
07 | 08 | 09 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 |
| Model (%) |
7 | 6 | 34 | 16 | 17 | 7 | 8 | 18 | -2 | 11 | 23 | -5 | 24 | 20 | 16 | 2 | 6 | 1 | 29 |
| Benchmark (%) |
9 | -29 | 8 | 3 | 15 | -2 | 11 | 23 | -8 | 14 | 8 | 1 | 21 | -4 | 14 | -2 | -11 | 20 | 12 |
| Excess (%) |
-2 | 35 | 26 | 14 | 2 | 10 | -3 | -5 | 6 | -3 | 15 | -5 | 3 | 25 | 2 | 4 | 16 | -18 | 16 |
| |
Model |
S&P 1500 Utilities ($SPALLUTL:USA) |
|
Model |
S&P 1500 Utilities ($SPALLUTL:USA) |
| Total Return |
778.95% |
132.86% |
|
38.04% |
19.42% |
| Annualized Return |
12.57% |
4.71% |
|
11.35% |
6.09% |
| Max Drawdown |
-18.21% |
-47.59% |
|
-16.79% |
-22.48% |
| Standard Deviation |
11.51% |
14.57% |
|
12.77% |
14.43% |
| Sharpe Ratio |
0.99 |
0.32 |
|
0.59 |
0.31 |
| Sortino Ratio |
1.36 |
0.41 |
|
0.90 |
0.40 |
| Correlation with S&P 1500 Utilities ($SPALLUTL:USA) |
0.66 |
- |
|
0.53 |
- |
| R-Squared |
0.43 |
- |
|
0.29 |
- |
| Beta |
0.52 |
- |
|
0.47 |
- |
| Alpha (annualized) |
9.31% |
- |
|
5.56% |
- |
|
Utilities are known for the defensive earnings regardless of market cycle. But simply holding utility companies and collecting a 4 - 5% yield is not your best strategy. What about preservation of cash when utility share prices fall in bear markets if fundamentals are eroded for some reason? Wouldn't it be better if a portfolio knew how to progressively sell off holdings when specific firms were weakening fundamentally? As well, certain utilities do better in bull markets and others hold up better in bear markets. In addition to income, capital growth should also be a major factor. This defensive utilities portfolio controls for all of the above.
| Annualized Return (CAGR) |
12.57% |
| Alpha |
9.31% |
| Rebalance Frequency |
Every Week |
| Last Rebalance |
12/22/25 |
| % Cash Invested |
79.74% |
| Average Days Held |
118 |
| Average Annual Turnover |
202.37 % |
| Average Return |
3.48% |
| Average Return Winners |
10.80% |
| Average Return Losers |
-6.61% |
| Winners |
57.95% |
|