Here's an update on the portfolio's performance.
YTD Performance
My Portfolio: +5.2%
Vanguard 500 Index: +12.57%
(Source: Portfolio Visualizer)
This is definitely a bad month for my portfolio by any measure. YTD return for my portfolio in the previous month was +9.68% with a good Sharpe ratio and no drawdown then. The portfolio took a little dive this month with the YTD returns sitting at +5.2%, which means that I have experienced a drawdown for my portfolio this month and it's the first month that has happened in 2021 so far. I was also disappointed with the high standard deviation of my portfolio in relative to the Vanguard 500 Index. There are definitely some lessons to learn from what's happening this month as it exposes certain weakness in the portfolio based on the certain sector movement in the market this month.
However, I am not looking at tinkering the portfolio mix yet and will like to see how the particular portfolio mix which I have chosen at the start of the year will perform by the end of the year. The whole idea of this exercise is to build a well diversified portfolio which should be passive in nature, do not need to be tinkered every now and then and could still outperform the Vanguard 500 index. In fact, I'm only looking at rebalancing the portfolio on an annual basis so let's see the progress of the portfolio's performance in the next few months.
Here are the monthly breakdowns so far.
As you can see, the month of May delivers a -4.09% on my portfolio so my portfolio is now officially underwater until this is reversed. Hopefully, I could see that being reversed in the next 1-2 months.
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