Powerfund Portfolios Performance Review

Powerfund Portfolios Commentary

December 2020 Performance Review

January 6, 2021
Category: 
Powerfund Portfolios

What a year. The market doesn't typically (as in basically never) drop as far as it did early this year only to gain back the losses and end the year with gains.

  ...read the rest of this article»

Stock Funds1mo %
Franklin FTSE South Korea (FLKR)13.58%
Franklin FTSE Brazil (FLBR)12.33%
Vanguard Small-Cap Value (VBR)6.80%
[Benchmark] Vanguard Emerging Mkts Stock Idx (VEIEX)5.89%
[Benchmark] Vanguard Tax-Managed Intl Adm (VTMGX)5.81%
Vanguard FTSE Developed Mkts. (VEA)5.63%
Vanguard Energy (VDE)5.30%
Vanguard FTSE Europe (VGK)5.02%
Franklin FTSE Germany (FLGR)3.98%
[Benchmark] Vanguard 500 Index (VFINX)3.85%
Vanguard Value Index (VTV)3.50%
Homestead Value Fund (HOVLX)2.77%
VanEck Vectors Pharma. (PPH)2.20%
Franklin FTSE China (FLCH)2.01%
Vanguard Utilities (VPU)0.91%
ProShares Decline of Retail (EMTY)-3.44%
ProShares Short QQQ (PSQ)-4.88%
Bond Funds1mo %
iShares JP Morgan Em. Bond (LEMB)3.59%
Schwab US TIPS (SCHP)1.25%
Vanguard S/T Infl. Protect. (VTIP)0.97%
[Benchmark] Vanguard Total Bond Index (VBMFX)0.15%

November 2020 Performance Review

December 4, 2020
Category: 
Powerfund Portfolios

It was a good month all around for basically everything, with over a 10% rise in the S&P 500—and that was on the low end of global stocks. The news of multiple COVID vaccines saving us from perpetual shutdowns is likely a big part of the excitement. ...read the rest of this article»

Stock Funds1mo %
Vanguard Energy (VDE)28.04%
Franklin FTSE Brazil (FLBR)24.06%
Franklin FTSE South Korea (FLKR)18.38%
Vanguard Small-Cap Value (VBR)17.42%
Franklin FTSE Germany (FLGR)16.74%
Vanguard FTSE Europe (VGK)16.39%
[Benchmark] Vanguard Tax-Managed Intl Adm (VTMGX)14.78%
Vanguard FTSE Developed Mkts. (VEA)14.30%
Homestead Value Fund (HOVLX)13.10%
Vanguard Value Index (VTV)12.76%
[Benchmark] Vanguard 500 Index (VFINX)10.95%
VanEck Vectors Pharma. (PPH)10.41%
[Benchmark] Vanguard Emerging Mkts Stock Idx (VEIEX)8.22%
Franklin FTSE China (FLCH)2.89%
Vanguard Utilities (VPU)1.43%
ProShares Short QQQ (PSQ)-10.57%
ProShares Decline of Retail (EMTY)-15.18%
Bond Funds1mo %
iShares JP Morgan Em. Bond (LEMB)4.82%
[Benchmark] Vanguard Total Bond Index (VBMFX)1.11%
Schwab US TIPS (SCHP)1.10%
Vanguard S/T Infl. Protect. (VTIP)0.59%

October 2020 Performance Review

November 6, 2020
Category: 
Powerfund Portfolios

With Biden on the edge of a win, you can chalk up another success for stocks predicting the outcome of elections. While not scientific, it's probably a better indicator than any number of expert predictions or even polling, in some cases. ...read the rest of this article»

Stock Funds1mo %
Franklin FTSE China (FLCH)5.01%
Vanguard Utilities (VPU)4.89%
Vanguard Small-Cap Value (VBR)3.14%
ProShares Short QQQ (PSQ)2.36%
[Benchmark] Vanguard Emerging Mkts Stock Idx (VEIEX)1.94%
Franklin FTSE South Korea (FLKR)-0.62%
ProShares Decline of Retail (EMTY)-1.12%
Homestead Value Fund (HOVLX)-1.25%
Vanguard Value Index (VTV)-1.82%
[Benchmark] Vanguard 500 Index (VFINX)-2.66%
Franklin FTSE Brazil (FLBR)-3.25%
Vanguard Energy (VDE)-3.47%
Vanguard FTSE Developed Mkts. (VEA)-3.55%
[Benchmark] Vanguard Tax-Managed Intl Adm (VTMGX)-3.73%
VanEck Vectors Pharma. (PPH)-4.86%
Vanguard FTSE Europe (VGK)-5.42%
Franklin FTSE Germany (FLGR)-10.28%
Bond Funds1mo %
Vanguard S/T Infl. Protect. (VTIP)-0.20%
iShares JP Morgan Em. Bond (LEMB)-0.38%
[Benchmark] Vanguard Total Bond Index (VBMFX)-0.61%
Schwab US TIPS (SCHP)-0.65%

September 2020 Performance Review

October 2, 2020
Category: 
Powerfund Portfolios

Until recently, markets had been acting as if the worst was well behind us, and it was just a question of how fast the recovery was going to be ...read the rest of this article»

Stock Funds1mo %
Franklin FTSE South Korea ETF (FLKR)2.42%
[Benchmark] Vanguard Emerging Mkts Stock Idx (VEIEX)-1.67%
Vanguard FTSE Developed Markets (VEA)-1.78%
[Benchmark] Vanguard Tax-Managed Intl Adm (VTMGX)-2.01%
Franklin FTSE China ETF (FLCH)-2.09%
Vanguard Value ETF (VTV)-2.24%
Franklin FTSE Germany ETF (FLGR)-2.82%
Homestead Value Fund (HOVLX)-2.87%
Vanguard FTSE Europe (VGK)-3.09%
VanEck Vectors Pharmaceutical (PPH)-3.66%
Vanguard Small-Cap Value (VBR)-3.73%
[Benchmark] Vanguard 500 Index (VFINX)-3.80%
Vanguard Energy (VDE)-14.77%
Bond Funds1mo %
[Benchmark] Vanguard Total Bond Index (VBMFX)0.08%
Vanguard Short Term Inflation Prote (VTIP)-0.18%
Schwab US TIPS (SCHP)-0.31%
iShares JP Morgan Em. Bond (LEMB)-1.09%

August 2020 Performance Review

September 8, 2020
Category: 
Powerfund Portfolios

The bubble forming in fast-growing tech stocks — notably the handful of tech near-monopolies increasingly driving the entire stock market's returns — started to burst in September, but for August it was smooth sailing for the trillion dollar-ish market cap crew. ...read the rest of this article»

Stock Funds1mo %
[Benchmark] Vanguard 500 Index (VFINX)7.18%
FTSE Germany (FLGR)7.04%
iShares Edge Quality Factor (QUAL)6.86%
Franklin FTSE China (FLCH)6.46%
Homestead Value Fund (HOVLX)6.37%
Franklin FTSE South Korea (FLKR)5.61%
Vanguard FTSE Developed Markets (VEA)5.17%
[Benchmark] Vanguard Tax-Managed Intl. Adm. (VTMGX)5.07%
Vanguard Small-Cap ETF (VBR)4.63%
Vanguard FTSE Europe (VGK)4.31%
Vanguard Value ETF (VTV)4.18%
iShares MSCI BRIC Index (BKF)4.18%
VanEck Vectors Pharmaceutical (PPH)2.40%
[Benchmark] Vanguard Emerging Mkts (VEIEX)2.26%
Vanguard Energy (VDE)-0.62%
Direxion Gold Miners Bear 3X (JDST)-6.67%
Proshares Ultrashort QQQ (SQQQ)-28.21%
Bond Funds1mo %
Vanguard ST Inflation Protected (VTIP)1.11%
Schwab US TIPS (SCHP)0.91%
iSHARES JP Morgan Em Bond (LEMB)-0.07%
[Benchmark] Vanguard Total Bond Index (VBMFX)-1.02%

July 2020 Performance Review

August 4, 2020
Category: 
Powerfund Portfolios

With interest rates near zero and property owners facing potentially massive problems with occupancy and rent collection, stocks are becoming the only game in town. But it is an increasingly expensive game to play. ...read the rest of this article»

Stock Funds1mo %
FRANKLIN FTSE CHINA (FLCH)9.46%
ISHARES MSCI BRIC INDEX (BKF)9.35%
[BENCHMARK] VANGUARD EMERGING MKTS STOCK IDX (VEIEX)8.38%
FRANKLIN FTSE SOUTH KOREA (FLKR)5.80%
[BENCHMARK] VANGUARD 500 INDEX (VFINX)5.64%
ISHARES EDGE QUALITY FACTOR (QUAL)4.95%
VANGUARD VALUE ETF (VTV)4.54%
VANGUARD SMALL-CAP ETF (VBR)3.77%
FRANKLIN FTSE GERMANY (FLGR)3.72%
VANGUARD FTSE EUROPE (VGK)3.66%
[BENCHMARK] VANGUARD TAX-MANAGED INTL ADM (VTMGX)2.64%
VANGUARD FTSE DEVELOPED MARKETS (VEA)2.63%
HOMESTEAD VALUE FUND (HOVLX)2.57%
VANECK VECTORS PHARMACEUTICAL (PPH)1.63%
VANGUARD ENERGY (VDE)-4.19%
PROSHARES ULTRAPRO SHORT QQQ (SQQQ)-21.56%
DIREXION GOLD MINERS BEAR 3X (JDST)-36.45%
Bond Funds1mo %
ISHARES JP MORGAN EM BOND (LEMB)3.78%
SCHWAB US TIPS (SCHP)2.25%
[BENCHMARK] VANGUARD TOTAL BOND INDEX (VBMFX)1.55%
VANGUARD ST INFLATION PROTECTED (VTIP)0.76%

June 2020 Performance Review

July 2, 2020
Category: 
Powerfund Portfolios

The V-shaped recovery is here—long live the V-shaped recovery! The main problem is that the actual economy and COVID-19 pandemic are not on a V-shaped recovery path—just the stock market. ...read the rest of this article»

Stock Funds1mo %
FRANKLIN FTSE CHINA (FLCH)7.81%
[Benchmark] Vanguard Emerging Mkts Stock Idx (VEIEX)7.16%
Franklin FTSE South Korea (FLKR)7.12%
iShares MSCI BRIC Index (BKF)6.99%
FRANKLIN FTSE GERMANY (FLGR)5.08%
VANGUARD FTSE EUROPE (VGK)3.94%
VANGUARD FTSE DEVELOPED MARKETS (VEA)3.50%
[Benchmark] Vanguard Tax-Managed Intl Adm (VTMGX)3.40%
[Benchmark] Vanguard 500 Index (VFINX)1.99%
VANGUARD SMALL-CAP ETF (VBR)1.58%
iSHARES EDGE QUALITY FACTOR (QUAL)0.18%
Homestead Value Fund (HOVLX)-0.39%
VANGUARD ENERGY (VDE)-0.79%
VanEck Vectors Pharmaceutical (PPH)-1.64%
Vanguard Value ETF (VTV)-1.78%
DIREXION GOLD MINERS BEAR 3X (JDST)-18.91%
PROSHARES ULTRAPRO SHORT QQQ (SQQQ)-19.83%
Bond Funds1mo %
Schwab US TIPS (SCHP)1.11%
[Benchmark] Vanguard Total Bond Index (VBMFX)0.70%
VANGUARD ST INFLATION PROTECTED (VTIP)0.68%
iSHARES JP MORGAN EM BOND (LEMB)0.44%

May 2020 Performance Review

June 3, 2020
Category: 
Powerfund Portfolios

If your only news was stock prices, you'd never suspect that America was slowly and not very carefully emerging from one crisis only to quickly slide into another. Another headscratcher is how our stock market is currently down less for the year than other countries that have fared better during the health pandemic and economic shutdown. ...read the rest of this article»

Stock Funds1mo %
FRANKLIN FTSE GERMANY (FLGR)9.64%
VANGUARD FTSE EUROPE (VGK)5.84%
iSHARES EDGE QUALITY FACTOR (QUAL)5.62%
VANGUARD FTSE DEVELOPED MARKETS (VEA)5.58%
[Benchmark] Vanguard Tax-Managed Intl Adm (VTMGX)5.56%
Franklin FTSE South Korea (FLKR)4.96%
VANGUARD SMALL-CAP ETF (VBR)4.80%
[Benchmark] Vanguard 500 Index (VFINX)4.76%
VanEck Vectors Pharmaceutical (PPH)4.52%
Homestead Value Fund (HOVLX)4.48%
Vanguard Value ETF (VTV)2.88%
iShares MSCI BRIC Index (BKF)2.72%
[Benchmark] Vanguard Emerging Mkts Stock Idx (VEIEX)2.33%
FRANKLIN FTSE CHINA (FLCH)1.71%
VANGUARD ENERGY (VDE)1.66%
PROSHARES ULTRAPRO SHORT QQQ (SQQQ)-18.57%
DIREXION GOLD MINERS BEAR 3X (JDST)-27.14%
Bond Funds1mo %
iSHARES JP MORGAN EM BOND (LEMB)5.81%
VANGUARD ST INFLATION PROTECTED (VTIP)0.85%
[Benchmark] Vanguard Total Bond Index (VBMFX)0.54%
Schwab US TIPS (SCHP)0.49%

April 2020 Performance Review

May 3, 2020
Category: 
Powerfund Portfolios

Stock and bond prices rebounded sharply as the trillions in Federal Reserve monetary and government fiscal spending cannons hit the market. If throwing money at the fast weakening economy turns out to be a great solution, we will win this war. If not, unfortunately we'll just have a short-term boost and a long-term mess of massive debt on top of a semi-permanently Coronavirus-slowed economy. ...read the rest of this article»

Stock Funds1mo %
VANGUARD ENERGY (VDE)32.21%
VANGUARD SMALL-CAP ETF (VBR)13.11%
[Benchmark] Vanguard 500 Index (VFINX)12.82%
Homestead Value Fund (HOVLX)11.74%
Vanguard Value ETF (VTV)11.65%
FRANKLIN FTSE GERMANY (FLGR)10.40%
[Benchmark] Vanguard Emerging Mkts Stock Idx (VEIEX)9.29%
[Benchmark] Vanguard Tax-Managed Intl Adm (VTMGX)7.67%
VANGUARD FTSE DEVELOPED MARKETS (VEA)7.02%
iShares MSCI BRIC Index (BKF)6.62%
VANGUARD FTSE EUROPE (VGK)6.45%
FRANKLIN FTSE CHINA (FLCH)5.14%
PROSHARES ULTRAPRO SHORT QQQ (SQQQ)-40.31%
DIREXION GOLD MINERS BEAR 3X (JDST)-57.51%
Bond Funds1mo %
iSHARES JP MORGAN EM BOND (LEMB)2.48%
[Benchmark] Vanguard Total Bond Index (VBMFX)1.69%

March 2020 Performance Review

April 7, 2020
Category: 
Powerfund Portfolios

The outlook for the global economy darkened amid the temporary (but not temporary enough) shutdown. Stocks tanked everywhere. At one point, the Dow was down almost 40% since the highs of mid-February, and all the gains since Trump's inauguration were destroyed. ...read the rest of this article»

Stock Funds1mo %
PROSHARES ULTRAPRO 3X SHORT OIL (OILD)89.46%
FRANKLIN FTSE CHINA (FLCH)-7.27%
[Benchmark] Vanguard 500 Index (VFINX)-12.36%
HOMESTEAD VALUE (HOVLX)-14.28%
VANGUARD FTSE DEVELOPED MARKETS (VEA)-15.19%
[Benchmark] Vanguard Tax-Managed Intl Adm (VTMGX)-15.52%
ISHARES MSCI BRIC (BKF)-15.53%
VANGUARD VALUE (VTV)-15.58%
VANGUARD FTSE EUROPE (VGK)-16.72%
PROSHARES ULTRAPRO SHORT QQQ (SQQQ)-16.84%
[Benchmark] Vanguard Emerging Mkts Stock Idx (VEIEX)-17.52%
FRANKLIN FTSE GERMANY (FLGR)-18.05%
VANGUARD SMALL-CAP ETF (VBR)-25.02%
VANGUARD ENERGY (VDE)-36.39%
DIREXION GOLD MINERS BEAR 3X (JDST)-79.67%
Bond Funds1mo %
VANGUARD MORTGAGE-BACKED SECURITIES (VMBS)1.32%
VANGUARD SHORT-TERM BOND (BSV)0.45%
[Benchmark] Vanguard Total Bond Index (VBMFX)-0.59%
VANGUARD LONG-TERM BOND (BLV)-1.94%
VANGUARD SHORT-TERM CORP. BOND (VCSH)-3.48%
SPDR BLOMBERG INTL TR BOND (BWX)-3.76%
DODGE & COX GLOBAL BOND (DODLX)-7.91%
iSHARES JP MORGAN EM BOND (LEMB)-11.95%
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