An Aggressive ETF Portfolio For 2023

 

The munKNEE "Multi-bagger" Portfolio and "Rags-to Riches" Portfolio consists of 26 stocks that were down drastically (-73%, on average) in 2022 but it is hoped that many of them will bounce back with major returns in 2023. Taking advantage of such an opportunity, however, would necessitate making 26 separate purchases as neither of our Portfolios are tradable. To overcome that situation there are several ETFs with holdings consistent with the constituents in the Portfolios and other downtrodden categories (cryptocurrencies and junior gold and silver miners) and they are identified below with how well (poorly) they are doing year-to-date.

This new basket of ETFs is named munKNEE's "Aggressive ETF Portfolio for 2023"and a description of each ETF, and its YTD performance, is outlined below in descending order:

  1. The ProShares Bitcoin Strategy ETF (BITO)
  2. The AdvisorShares Psychedelics ETF (PSIL):
  3. The Sprott Junior Gold Miners ETF (SGDJ)
    • consists of 45 constituents,
    • was DOWN 29.3% in 2022, but
    • is UP 2.5% YTD
    • Related Article: 8 Gold Forecasts
  4. The AdvisorShares Pure U.S. Cannabis ETF (MSOS):
  5. The iShares MSCI Global Silver ETF (SLVP)
    • consists of 43 constituents,
    • was DOWN 15.8% in 2022, and
    • is DOWN 3.4% YTD
    • Related Article: 8 Silver Forecasts
  6. The Global X Cannabis ETF (POTX):

In total, the above 6 ETFs:

  • hold 178 stocks,
  • were DOWN 53.6%, on average, in 2022, but
  • are UP 4.9%, on average, YTD

If you are bullish on any of the cannabis (both LPs and MSOs), psychedelic (all clinical-stage), cryptocurrency (specifically Bitcoin) and gold and silver junior miner categories going forward then you might want to buy one or more of the above ETFs. if you are not prepared to do so then keep abreast of future updates of munKNEE's Aggressive ETF Portfolio for 2023 to see if you missed out (or not).


More By This Author:

Ancillary Cannabis Index Up 14.5% YTD
The 5 Cannabis Category Performances Have Ranged From +14.5% To -2.7% YTD
The 3 Largest Plant-Based Food Stocks Are Up 47% YTD

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