SWM ETF portfolio fact sheets, March 2021: most upside for crypto and equities

All SWM portfolios bar fixed-income showed positive returns in March 2021. Our new crypto growth strategy, and our conservative portfolio both outperformed during the month (the other strategies were in-line with benchmarks). Year-to-date we are now showing 2.5% outperformance for the SWM Equity ETF portfolio and 2% outperformance for the SWM conservative ETF portfolio (again the other strategies are in-line year-to-date). March was marked by further weakness in US technology, healthcare and small-cap stocks. Inflation concerns continued to mount, and sector rotation was universally pushed by banks and brokers.

Our trading signals indicate that the tech and small-cap sell-off was a correction following the massive bull run in 2020 and early 2021, and not a change of trend into a bear market. Whilst our relative performance suffered somewhat during March, we have elected not to change our overweight position in US technology and small-caps. The last days of the month were significant, with strong bounces across the board for these sectors, as well as bond prices potentially forming a floor, and the growth-driven commodity rally in 2021 taking a pause. For the rest of 2021 we expect significant strength in crypto (as the space achieves mainstream adoption) and equities. These remain our core overweight asset classes.

Please follow this link to read Secure Wealth Management’s monthly ETF portfolio review for March 2021.