CEORater began an experiment several years ago whereby we built a concentrated “buy and hold” equal-weight portfolio consisting of quality Enterprise Software names that would be held for a minimum of five years. The benchmark is the S&P North American Expanded Technology Software Index (SPNASEUP). CEORater is closing the gap, up 8.3% Year-to-Date vs. 10.3% for the benchmark (as of the close on Friday December 3rd). Details are below.
CEORater “Quality Portfolio” 2021 YTD performance: 8.3% vs. 10.3% for SPNASEUP.
CEORater “Quality Portfolio” 2020 performance: 62.6% vs. 52.2% for SPNASEUP.
CEORater “Quality Portfolio” 2019 performance: 45.6 vs. 32.1% for SPNASEUP.