2020 Canadian Equity Portfolio - January Report

With the exception of a rough January 31, the TSX had a fairly strong start to the year with the S&P/TSX Composite Total Return Index and my chosen benchmark, the iShares Core S&P/TSX Capped Composite Index ETF (Symbol: XIC) returning 1.81%. My 2020 Canadian Equity Portfolio returned 3.99%, for a total outperformance of 2.19%. Continue reading to see the breakdown of how it happened!

Tracking My 2020 Canadian Equity Portfolio

This year, in an effort to be as transparent as possible, I will be posting short weekly progress updates on how my 2020 Canadian Equity Portfolio is performing against its benchmark, the iShares Core S&P/TSX Capped Composite Index ETF (Symbol: XIC). You can also read more about the portfolio by clicking on 2020 on my website’s navigation menu and download an Excel version for yourself. My goal is to encourage more people to move away from passive ETF’s or expensive mutual funds and create a greater sense of ownership by building their own diversified, defensive equity portfolios.

The Case For Defensive Stocks

Are you looking to reduce the risk of your Canadian equity portfolio? You may want to consider adding some defensive stocks from sectors such as the Consumer Staples industry. These stocks have historically lower standard deviations and betas, but still have impressive return metrics. Read on as I make the case for investing in defensive stocks!