Defensive Utilities (PFC)

Holdings
TickerNameDays
Held
WeightLast10DAvg
Vol(K)
Market
Cap(M)
ALLETE Inc.1910.4%$58.602752,987
Atlantica Sustainable Infrastructu...2610.2%$35.144863,526
Centrais Eletricas Brasileiras Sa-...1178.5%$6.785138,390
EDP-Energias de Portugal SA1910.3%$55.91921,945
Enel Americas SA409.3%$7.861,02411,763
FirstEnergy Corp.968.9%$28.958,88115,138
Huaneng Power International Inc887.8%$15.24131,814
Star Group LP20811.0%$9.7559431
South Jersey Industries Inc.2611.0%$23.056312,289
Spark Energy Inc20112.2%$9.25213131

Last 20 Trades
DateTypeTickerNamePrice
(Incl Fees)
2020-11-16BUYALEALLETE Inc.$58.11
2020-11-16BUYEDPFYEDP-Energias de Portugal SA$53.35
2020-11-16SELLEONGYE.ON SE$11.03
2020-11-16SELLEIXEdison International$64.94
2020-11-09BUYAYAtlantica Sustainable Infrastructure plc$34.27
2020-11-09BUYSJISouth Jersey Industries Inc.$21.61
2020-11-09SELLCWENClearway Energy Inc$30.16
2020-11-02BUYEONGYE.ON SE$10.52
2020-11-02SELLPORPortland General Electric Co$39.55
2020-10-26BUYENIAEnel Americas SA$6.81
2020-09-28SELLSJISouth Jersey Industries Inc.$19.15
2020-09-14BUYPORPortland General Electric Co$34.32
2020-09-14SELLEDPFYEDP-Energias de Portugal SA$50.15
2020-09-14SELLAYAtlantica Sustainable Infrastructure plc$27.48
2020-09-08BUYHNPHuaneng Power International Inc$15.78
2020-09-08SELLSOSouthern Co (The)$52.72
2020-08-31BUYFEFirstEnergy Corp.$28.53
2020-08-31BUYEIXEdison International$52.36
2020-08-31BUYSJISouth Jersey Industries Inc.$22.20
2020-08-31BUYEDPFYEDP-Energias de Portugal SA$50.70

Performance
0708091011121314151617181920
Model (%) 763416177818-21123-52417
Benchmark (%) 2-382313-0133011-11019-62914
Excess (%) 54410417-6-226-1142-52

Risk Measurements Since Inception Trailing 3 Year
  Model S&P 500 ($SP500)   Model S&P 500 ($SP500)
Total Return 422.05% 155.83%   37.28% 40.67%
Annualized Return 13.22% 7.31%   11.14% 12.05%
Max Drawdown -13.13% -56.78%   -13.13% -33.92%
Standard Deviation 10.08% 15.88%   11.11% 19.00%
Sharpe Ratio 1.20 0.47   0.81 0.56
Sortino Ratio 1.65 0.61   1.16 0.74
Correlation with S&P 500 ($SP500) 0.51 -   0.54 -
R-Squared 0.26 -   0.30 -
Beta 0.33 -   0.32 -
Alpha (annualized) 10.11% -   5.76% -

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.

Key Stats
Annualized Return (CAGR) 13.22%
Alpha 10.11%
Rebalance Frequency Every Week
Last Rebalance 11/30/20
% Cash Invested 100.06%

Trading Stats
Average Days Held 102
Average Annual Turnover 238.77 %
Average Return 2.62%
Average Return Winners 9.50%
Average Return Losers -6.00%
Winners 57.93%