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Investment Strategies / Mechanical Investing
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Author: DrBob2 ✭  😊 😞
Number: of 4356 
Subject: Re: INDL & the end of the month
Date: 09/17/2024 7:59 AM
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Is this related to the Superior Six Days effect that was discussed in the old MI board?

Yes, very much so. Here is a performance chart for INDL by day of the month:

www.etfscreen.com/monthly-seasonal.php?s=indl

I like the idea of using a leveraged fund because it amplifies the small monthly edge. The short holding time also reduces the slippage of the daily resets.

The 38% return in 2023 is impressive, given the bear market we had that year in the US.

That would have been '22, and INDL went down that year as well. Here is how that year played out...

   Close of       Return
12/27/21-01/04/22  1.062
01/25 - 02/02      1.048
02/22 - 03/02      0.948
03/25 - 04/04      1.100
04/25 - 05/03      0.985
05/24 - 06/02      1.069
06/24 - 07/05      0.976
07/25 - 08/02      1.112
08/25 - 09/02      0.985
09/26 - 10/04      1.040
10/25 - 11/02      1.004
11/23 - 12/02      1.049

Wins outnumbered losses, eight to four, and the average win was larger. With compounding the return for 2022 was 43%.

DB2
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