So I just found a Reddit ETF post from the beginning of last year, near the period of peak euphoria. I felt like it was going to play out poorly so I bookmarked it and forgot about it until now. Here are the results using the closing price Friday 1-8-21 and the closing price yesterday 4-21-22.
I used a $100,000 initial investment and just rounded all the prices to the dollar for visual simplicity (% change uses full price).
| TICKER | Jan8, 2021 | Apr21, 2022 | % change | Initial $ | Final $ |
|---|---|---|---|---|---|
| TSLA | 880 | 1009 | 14.6% | 5000 | 5732 |
| AMD | 95 | 90 | -5.0% | 5000 | 4750 |
| PLTR | 25 | 12 | -51.0% | 5000 | 2446 |
| ICLN | 33 | 20 | -40.7% | 5000 | 2967 |
| NIO | 59 | 17 | -70.9% | 5000 | 1455 |
| SQ | 241 | 108 | -55.4% | 5000 | 2230 |
| NET | 79 | 98 | 24.4% | 5000 | 6222 |
| DKNG | 52 | 14 | -72.4% | 5000 | 1381 |
| NVDA | 133 | 202 | 52% | 5000 | 7601 |
| APPLE | 132 | 166 | 26% | 5000 | 6301 |
| ENPH | 207 | 157 | -24.5% | 5000 | 3774 |
| PLUG | 67 | 23 | -66.1% | 5000 | 1696 |
| SE | 210 | 91 | -56.6% | 4000 | 1736 |
| BABA | 263 | 86 | -67.4% | 4000 | 1306 |
| CRSP | 164 | 56 | -66.2% | 4000 | 1350 |
| TSM | 119 | 98 | -17.7% | 4000 | 3291 |
| AMZN | 3183 | 2965 | -6.8% | 4000 | 3726 |
| DIS | 179 | 122 | -31.9% | 4000 | 2723 |
| ABNB | 150 | 158 | 5.4% | 4000 | 4217 |
| FSLY | 88 | 17 | -80.7% | 3000 | 580 |
| CRM | 222 | 177 | -20.2% | 3000 | 2395 |
| ARKG | 106 | 39 | -63.4% | 2000 | 733 |
| JMIA | 37 | 8 | -79.8% | 2000 | 404 |
| JD | 92 | 51 | -44.6% | 2000 | 1108 |
| TOTAL | – | – | -30% | $100,000 | $70,125 |
Hm, down 30% that looks pretty bad. Maybe everything was down let's compare.
| Portfolio | % change | Initial $ | Final $ |
|---|---|---|---|
| Reddit ETF | -29.9% | 100,000 | 70,125 |
| SPY | 13% | 100,000 | 112,966 |
| VTI | 9.5% | 100,000 | 109,522 |
I think these results speak for themselves. Good job lads, butt slaps all around. Oh also you owe the portfolio manager a few hundred bucks.
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