Performance for 2023 came in at 20%. The sector ETF average was 12.2%, leading to alpha of 7.8%. We beat the average for the ETFs 7 times in 8 years. Cumulative return over 157% vs. just over 30% for the average of the 4 ETFs we compete with. We had a few trades in December to adjust our exposure within sectors.
May want to update "Strategy" section. Still shows AGNCO at same risk as NLY preferreds. "For instance, we might sell NLY-F to buy NLY-I, then sell NLY-I to buy AGNCO, then sell AGNCO to buy NLY-F again. Why would we do that? They each have a risk rating of 1, "
May want to update "Strategy" section. Still shows AGNCO at same risk as NLY preferreds. "For instance, we might sell NLY-F to buy NLY-I, then sell NLY-I to buy AGNCO, then sell AGNCO to buy NLY-F again. Why would we do that? They each have a risk rating of 1, "
Wonderful update. And great performance numbers.