Our Aggressive ETF Portfolio Is Outperforming The S&P 500 By A 2-To-1 Margin
The 27 constituents in the munKNEE "Multi-bagger" Portfolio and "Rags-to Riches" Portfolio were down 73%, on average, in 2022, but it is hoped that many of them will bounce back in 2023. Taking advantage of such an opportunity, however, would necessitate making 27 separate purchases as neither of the aforementioned Portfolios are tradable. To overcome that situation, there are several ETFs that include the constituents in those Portfolios and other downtrodden categories (cryptocurrencies and junior gold and silver miners), so we have put them into an Index named "An Aggressive ETF Portfolio for 2023".
Below is a description of each of the ETFs in the new Index and their performances in March, in descending order, and YTD:
- The ProShares Bitcoin Strategy ETF (BITO)
- consists of 1 constituent,
- was DOWN 65.1% in 2022,
- was UP 21.2% in March and
- is now UP 68.0% YTD.
- Related Article: An Easy Way To Invest In Bitcoin
- The iShares MSCI Global Silver ETF (SLVP)
- consists of 43 constituents,
- was DOWN 15.8% in 2022,
- was UP 19.2% in March and
- is now UP 9.7% YTD.
- The Sprott Junior Gold Miners ETF (SGDJ)
- consists of 45 constituents,
- was DOWN 29.3% in 2022,
- was UP 18.0% in March and
- is now UP 15.9% YTD.
- Related Article: 8 Gold Forecasts
- The AdvisorShares Psychedelics ETF (PSIL):
- consists of 23 constituents,
- was DOWN 68.2% in 2022,
- was DOWN 11.3% in March and
- is now only UP 1.1% YTD.
- The AdvisorShares Pure U.S. Cannabis ETF (MSOS):
- consists exclusively of 47 American multi-state operators (MSOs),
- was DOWN 72.1% in 2022,
- was DOWN 13.1% in March and
- is now DOWN 18.6% YTD.
- The Global X Cannabis ETF (POTX):
- consists of 19 constituents of which 57% are Canadian licensed producers (LPs),
- was DOWN 69.0% in 2022,
- was DOWN 15.0% in March and
- is now DOWN 18.3% YTD.
In total, the above 6 ETFs hold 178 stocks that:
- were DOWN 53.6%, on average, in 2022, but
- were UP 10.2% in March, on average, and
- are now UP 13.4% YTD.
In comparison, SPY (S&P 500 ETF) was only UP 5.2% in March and is UP 7.5% 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, you can still keep tuned to future updates of munKNEE's An Aggressive ETF Portfolio for 2023 to see if you missed out (or not).
More By This Author:
Conservative "Cannabis" Stocks Unchanged In March
Largest Psychedelic Stocks -3.4% In March
March Recap: Largest Plant-Based Food Stocks
Disclosure: None
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