Powell Industries, Inc. (POWL)

This tracking portfolio is comprised of companies that have three specific attributes.

Perhaps for the first time since I've been doing this annual experiment, all names are in positive territory.

The 2021 Double Net Value Portfolio has had a great first two months as small-cap stocks in general have been hot.

The aggregate return of the 2021 Double Net Value Portfolio one month since inception is outpacing a handful of Russell indices.

Eighteen stocks make the cut for the 2021 portfolio, which is comprised of seemingly cheap names relative to net current assets.

The 22 stocks in the Double Net Value Portfolio collectively outperformed the value components of the Russell 2000 and Russell Micro indices.

Most of the 22 largely small-cap stocks that make up the portfolio are now in positive territory, with Hibbett Sports leading the way.

The portfolio of 22 smaller names has slid into negative territory, showing the pressure the market has put of late on smaller-cap stocks.

As we enter the dog days of summer, with lower volume and perhaps more volatility, portfolio performance may get interesting.

This is the first inception-to-date period that the portfolio has not outperformed its benchmarks.

These 22 stocks in the aggregate are still outpacing the Russell 2000 and Russell Microcap indices, but by a narrower margin than before.

These 22 stocks in the aggregate continue to outpace the Russell 2000 and Russell Microcap indices as all but three are in positive territory.

Titan Machinery is the top performer so far in 2019, up 38% since portfolio launch.

The 22 names in the portfolio as a group are outpacing the value components of the Russell 2000 and Russell Microcap indices.

Despite disappointing performance this year, the strategy has shown solid return in the past.

These low-priced dividend payers are beating the Russell 2000.

These 11 companies are trading at up to twice their net current asset value and pay dividends.