In an eventful week for The Numbers’ portfolio, our strategic moves across nine equities yielded notable returns, outpacing the broader market comfortably. Our savvy investments were mainly buoyant with the gleam of precious metals and a strategic dab into equities and bonds, painting a diverse investment narrative.
Leading the charge was our long position in the VanEck Gold Miners ETF, which offered a glittering return of 6.44%. This exemplary performance can be attributed to a combination of rising gold prices and increasing demand for miners, potentially driven by market volatility and investor uncertainty. Similarly, our decision to go long on the Gold SPDR ETF shone brightly with a 4.94% return. The continued appeal of gold as a safe haven during uncertain economic times proved to be an astute position.
The silver segment also glistened with success, as our long position in the Silver Trust iShares ETF secured a favorable 3.72% return. The performance here hints at growing interest in silver as both an industrial metal and a safe store of value amid geopolitical tensions.
Turning to emerging markets, our iShares MSCI ETF long position returned a solid 3.36%, reflecting optimism surrounding economic recovery in those regions despite broader market fluctuations. Meanwhile, our positions in sector-specific ETF such as the S&P 500 Financials Sector SPDR and Consumer Staples Sector SPDR capitalized on resilience within these industries, pulling in returns of 2.20% and 2.26%, respectively. This demonstrates the sustaining strength of financials and the consistent demand within consumer staples.
As market sentiment skews towards technology with cautious optimism, our long investment in the Nasdaq QQQ Invesco ETF achieved a modest 0.71%. This suggests a tactful entry amidst fluctuating tech valuations and potential upcoming technological advancements.
However, not all positions yielded golden outcomes. The Investment Grade Corporate Bond iShares iBoxx ETF dipped slightly, with a 0.29% loss, possibly reflecting tighter credit conditions or interest rate challenges. More significantly, our long tenure in 20+ Year Treasury Bonds via the iShares ETF faced headwinds, yielding a 2.62% loss amid rising yields and bond market volatility.
Overall, while the portfolio navigated some challenges, the total portfolio gain of 2.00% was a testament to strategic asset allocation and deft market insights, surpassing the S&P 500’s 0.80% gain by a clear margin. Celebrating a 79% success rate on trades, The Numbers demonstrates robust performance, reiterating its adeptness at capitalizing on market dynamics with a nuanced investment approach.