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Marketocracy ETF Portfolio: April 12, 2008

Posted April 12th, 2008 by Michael J Bomma...

Marketocracy, in their own words, is:

"""Marketocracy Data Services is a research company whose mission is to find the best investors in the world and then track, analyze, and evaluate their trading activity. The company's affiliate, Marketocracy Capital Management, is the investment advisor for the Marketocracy family of mutual funds and uses the research generated by Marketocracy Data Services."""

This isn't an endorsement for Marketocracy, but last October, I started a portfolio there as part of the activities for a club here at the University of Michigan.  While I'd originally intended it to be allocated strictly from the Select Sector SPDR ETFs, Marketocracy rules led me to increase the scope of the fund to include commodities, currencies, and geography-based ETFs.

You can view the portfolio performance at this link: www.marketocracy.com/cgi-bin/WebObjects/Portfolio.woa/ps/FundPublicPage/source=DeDoDkLbEhAdLcIhMaKiAbDd

Mine m100 S&P 500 DJIA Nasdaq
  RETURNS S&P500 RETURNS RETURNS VS S&P500
Last Week  -1.80% -2.69% 0.88%
Last Month  3.36% 1.98% 1.39%
Last 3 Months  0.42% -4.36% 4.78%
Last 6 Months  -2.34% -13.76% 11.42%
Last 12 Months  N/A N/A N/A
Last 2 Years  N/A N/A N/A
Last 3 Years  N/A N/A N/A
Last 5 Years  N/A N/A N/A
Since Inception  -1.63% -12.48% 10.85%
(Annualized)  -3.08% -22.38% 19.31%

 

 

 

 

 

 

 

 

 

 

My largest positions at the moment are DUG @ 14%, SHV @ 11%, UPW @ 7%, and EWA @ 5%.  I doubled my exposure in DUG, the double short Oil & Gas fund, this week as it hit a new 52-week low, despite downgrades in both the funds' constitutents and projected consumption.  I'll be looking to lighten the position in the short-term treasuries SHV in the coming month for bottom plays, possibly in the double long financials ETF UYG or some mixture of country ETFs.