Value Portfolio Yields 3,471% Since 2000, Up 12.1% This Year
A value-stock portfolio of companies with rising share prices and improving earnings delivered a cumulative 3,471% return since 2000, more than eight times the S&P 500’s advance. It has gained 12.1% through April this year, outperforming the benchmark twofold, while dropping to 2,170% without the earnings filter.
1. Portfolio Construction
The strategy targets value companies with both rising share prices and improving earnings estimates. By filtering for these fundamentals, it aims to avoid overvalued stocks lacking profit momentum.
2. Long-Term Performance
Since 2000, the portfolio achieved a 3,471% cumulative return, outstripping the S&P 500 by more than eightfold. Without the earnings improvement filter, cumulative returns fall to 2,170%.
3. Year-to-Date Comparison
Through April, the value portfolio climbed 12.1%, more than doubling the benchmark’s advance. The Russell 1000 Value Index rose 9.9% since January, while the Growth Index gained 4%.