January 27th 2011 Tracking Portfolio

I have locked and loaded the January 27th 2011 tracking portfolio. We will see if it continues the positive trend we have seen recently. I have listed "new" stocks and "dividend" stocks below:

New

Stock	Mkt Cap	New
NEMFF.PK	986.45	1
AVEO	574.79	1

Dividend

Stock	Mkt Cap	Dividend Flag	Yield
UNTD	502	1	7.0%
USMO	314	1	7.0%
RTN	17,257	1	3.5%
PDLI	897	1	9.4%
NOC	15,752	1	14.2%
GNI	181	1	12.6%
EXPE	4,185	1	49.3%
DLX	1,252	1	3.9%
HRB	4,956	1	3.9%

note - I try to stay pretty mechanical and just use whatever Yahoo says is a dividend stock. Clearly the EXPE is a one time payment. I will remove them from the dividend portfolio.

Past 12 Portfolios

I thought it might be interesting to see how the past 12 portfolios would have performed if I only used more established economies as I did in this post (MFI Diary: Analysis of Stocks from 1 Year Ago). Here is a list of economies I will use (ignore the counts):

Row Labels	Count of Country
Canada	135
France	9
Germany	5
Italy	5
Japan	15
Luxembourg	4
Netherlands	17
Norway	1
Portugal	1
Spain	3
Sweden	2
Switzerland	13
United Kingdom	21
USA	2,588
Grand Total	2,819

On average, the past twelve portfolios are up 3%. If we remove stocks not from the countries above, the results improve to 3.6%. So I think we can clearly state that the underperformance of the tracking portfolios (past 12) is not related to Chinese reverse mergers.