|
| Atlantica Sustainable Infrastructu... | 605 | 6.1% | 20.41 | 2,371 |
| CLP Holdings Ltd. | 549 | 11.8% | 7.94 | 20,050 |
| Engie SA | 59 | 9.8% | 17.19 | 41,632 |
| Hawaiian Electric Industries, Inc. | 171 | 9.0% | 10.88 | 1,198 |
| The Hong Kong & China Gas Co., Ltd. | 605 | 7.6% | 0.76 | 14,163 |
| Iberdrola SA | 619 | 12.4% | 49.30 | 76,647 |
| ENN Energy Holdings Ltd. | 227 | 12.0% | 33.48 | 9,412 |
|
|
| 2024-03-25 | SELL | ENLAY:USA | Enel SpA | 6.58 |
| 2024-03-18 | SELL | EONGY:USA | E.ON SE | 13.69 |
| 2024-03-11 | BUY | ENLAY:USA | Enel SpA | 6.73 |
| 2024-03-11 | SELL | AGR:USA | Avangrid, Inc. | 35.57 |
| 2024-02-26 | BUY | ENGIY:USA | Engie SA | 15.89 |
| 2024-02-26 | SELL | NWN:USA | Northwest Natural Holding Co. | 36.31 |
| 2024-02-26 | SELL | CWEN:USA | Clearway Energy, Inc. | 21.80 |
| 2023-11-06 | BUY | HE:USA | Hawaiian Electric Industries, Inc. | 13.82 |
| 2023-09-11 | BUY | XNGSY:USA | ENN Energy Holdings Ltd. | 28.60 |
| 2023-09-05 | BUY | NWN:USA | Northwest Natural Holding Co. | 38.38 |
| 2023-08-14 | SELL | NEP:USA | NextEra Energy Partners LP | 47.21 |
| 2023-08-07 | BUY | AGR:USA | Avangrid, Inc. | 35.05 |
| 2023-07-24 | BUY | NEP:USA | NextEra Energy Partners LP | 58.76 |
| 2023-07-10 | SELL | ENIC:USA | Enel Chile SA | 3.39 |
| 2023-07-10 | SELL | AQN:USA | Algonquin Power & Utilities Corp. | 7.75 |
| 2023-07-10 | SELL | NGG:USA | National Grid plc | 64.50 |
| 2023-06-20 | BUY | AQN:USA | Algonquin Power & Utilities Corp. | 8.47 |
| 2023-06-20 | BUY | NGG:USA | National Grid plc | 67.81 |
| 2023-06-20 | BUY | ENIC:USA | Enel Chile SA | 3.32 |
| 2023-06-20 | SELL | GNE:USA | Genie Energy Ltd. | 14.12 |
|
07 | 08 | 09 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 |
| Model (%) |
7 | 6 | 34 | 16 | 17 | 7 | 8 | 18 | -2 | 11 | 23 | -5 | 24 | 20 | 16 | 2 | 6 | -3 |
| Benchmark (%) |
9 | -29 | 8 | 3 | 15 | -2 | 11 | 23 | -8 | 14 | 8 | 1 | 21 | -4 | 14 | -2 | -11 | 6 |
| Excess (%) |
-2 | 35 | 26 | 14 | 2 | 10 | -3 | -5 | 6 | -3 | 15 | -5 | 3 | 25 | 2 | 4 | 16 | -9 |
| |
Model |
S&P 1500 Utilities ($SPALLUTL:USA) |
|
Model |
S&P 1500 Utilities ($SPALLUTL:USA) |
| Total Return |
553.81% |
82.91% |
|
10.87% |
-0.55% |
| Annualized Return |
11.90% |
3.68% |
|
3.50% |
-0.18% |
| Max Drawdown |
-18.21% |
-47.59% |
|
-18.21% |
-27.64% |
| Standard Deviation |
11.44% |
14.65% |
|
16.23% |
17.26% |
| Sharpe Ratio |
0.95 |
0.24 |
|
0.09 |
-0.13 |
| Sortino Ratio |
1.29 |
0.32 |
|
0.13 |
-0.18 |
| Correlation with S&P 1500 Utilities ($SPALLUTL:USA) |
0.68 |
- |
|
0.76 |
- |
| R-Squared |
0.47 |
- |
|
0.57 |
- |
| Beta |
0.53 |
- |
|
0.71 |
- |
| Alpha (annualized) |
9.36% |
- |
|
3.15% |
- |
|
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) |
11.90% |
| Alpha |
9.36% |
| Rebalance Frequency |
Every Week |
| Last Rebalance |
04/22/24 |
| % Cash Invested |
68.59% |
| Average Days Held |
112 |
| Average Annual Turnover |
216.66 % |
| Average Return |
2.90% |
| Average Return Winners |
10.56% |
| Average Return Losers |
-6.57% |
| Winners |
57.93% |
|