Rising Small-Cap Tide Helps Lift This Value Portfolio The 2021 Double Net Value Portfolio has had a great first two months as small-cap stocks in general have been hot.
Feb 08, 2021 | 11:00 AM EST
Less than two months since inception, my 2021 Double Net Value Portfolio has enjoyed a nice run since the January update, rising 12.5%. Microcaps as measured by the Russell Microcap Index are up even more during that stretch (up 14.6%).
Since inception, the portfolio is now up 22.9%, better than the Russell 2000 (up 16.7%), but underperforming the Russell Microcap (up 25.6%). Perhaps more importantly, given the portfolio s value orientation, it is currently beating both the Russell 2000 Value Index (up 13.6%) and Russell Microcap Value Index (up 19.7%), although this is still the very early innings and anything can happen over the rest of this year.
It s Only a Month, but This Deep-Value Portfolio Is Performing Quite Nicely The aggregate return of the 2021 Double Net Value Portfolio one month since inception is outpacing a handful of Russell indices.
Jan 11, 2021 | 10:30 AM EST
One month since inception, my 2021 Double Net Value Portfolio is doing its job, so far anyway. Up 9.3% since inception, it is performing slightly better than the both the Russell 2000 (up 8.9%) and Russell Microcap (up 9.1%) indices. But more importantly, given its value orientation, it is also eclipsing the Russell 2000 Value Index (up 7.5%) and Russell Microcap Value Index (up 7.3%). It s early for sure, and a lot can happen over the course of a year, but so far, so good.