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List the fund/etf you thought did better than you would expect and worse than you would expect. Please don't compare it to a benchmark thats too easy. Just personal opinion. Some managers consistently outperform benchmarks. Better: BALFX -2.07%, PRCFX -2.07% Worse: GQHPX -5.94%, SCHD -5.59%, LCORX -4.91%, FMSDX -4.02%
Making correction to my earlier posting. Better: ARTKX -6.3%, FMIJX -3.8%, FPACX -2.3%, CGBL 2.5%, RSIIX +0.0% Worse: BND -1.8%
This is more like a thought exercise. A 10 days performance varies quite a bit. However, I like to compare each fund/ETF to their benchmarks for the year. Additionally, tracking the fund’s ups and downs provide insights on its volatility.
RSIIX, for example, is the least volatile of all my bond funds and yet the YTD return as of 12/13/24 is 7.9%. Although BND is a broadly diversified bond index fund, its volatility is due its sensitivity to interest rates.
Cambrea’s TRTY did so poorly yesterday I dumped it today. Been struggling for a while. I had viewed it as a low-volatility fund-of-funds (about 40 different holdings). Enough!
Looking over my watchlist, can’t say anything surprised me yesterday. A tough day for sure. QQMNX, owned by some here, continues to impress. Do not own. Only fell .29% yesterday.
PRWCX “dropped” more than 10% yesterday. But obviously served up some doughnuts!
Yesterday, 18th Dec, when everything fell out of bed: As has been consistently the case, my "ordinary" junk bond funds outperformed my other stuff. They are my least volatile things.
Ten consecutive days down, in the Markets: (PRWCX just paid big for the year, so it's not fair to include it.) 4 of my six funds pay monthly, so that affects the statistical reportage.
WBALX -1.18% over the 10-day period. (pays divs, june and december.) But overall performance has been lackluster. *************** Now, on the 19th, I'm sticking with my single-stock picks. Those are long-term holds. And neither does it surprise me that BHB is bucking the upward direction of the Markets today--- which are RISING. (The other is L.P. ET.)
Mark, if that question is for me...the numbers I provided were the % drop in those 10 days. Not a % deviation from what I expected. Sven, yes this is a study of volatility and draw down from a universe of funds we watch under duress.
Comments
Worse: BAGIX (plain jane active mgd. bonds) -1.72%
Better: ARTKX -6.3%, FMIJX -3.8%, FPACX -2.3%, CGBL 2.5%, RSIIX +0.0%
Worse: BND -1.8%
This is more like a thought exercise. A 10 days performance varies quite a bit. However, I like to compare each fund/ETF to their benchmarks for the year. Additionally, tracking the fund’s ups and downs provide insights on its volatility.
RSIIX, for example, is the least volatile of all my bond funds and yet the YTD return as of 12/13/24 is 7.9%. Although BND is a broadly diversified bond index fund, its volatility is due its sensitivity to interest rates.
Looking over my watchlist, can’t say anything surprised me yesterday. A tough day for sure. QQMNX, owned by some here, continues to impress. Do not own. Only fell .29% yesterday.
PRWCX “dropped” more than 10% yesterday. But obviously served up some doughnuts!
As has been consistently the case, my "ordinary" junk bond funds outperformed my other stuff. They are my least volatile things.
Ten consecutive days down, in the Markets:
(PRWCX just paid big for the year, so it's not fair to include it.)
4 of my six funds pay monthly, so that affects the statistical reportage.
WBALX -1.18% over the 10-day period. (pays divs, june and december.) But overall performance has been lackluster.
***************
Now, on the 19th, I'm sticking with my single-stock picks. Those are long-term holds. And neither does it surprise me that BHB is bucking the upward direction of the Markets today--- which are RISING. (The other is L.P. ET.)
Sven, yes this is a study of volatility and draw down from a universe of funds we watch under duress.