Monthly Sector SPDR Performance - September 2024
Every month, we evaluate our performance against:
a 100% fully invested SPDR S&P 500 ETF (SPY) portfolio
WHY? It’s the industry standard to which all portfolio managers, who oversee “big money” are typically benchmarked to. Our objective is to be 100% invested in those Sector SPDR components which have the greatest potential to outperform the SPY and avoid the underperformers.
For the month of September (inclusive of dividends),
The Millennial Trader SPDR portfolio ended the month up 1.46%
The S&P 500 ETF (SPY) ended the month up 2.09%