A rising tide lifts all bass boats

It's been a while since we checked in on the White Trash and Minor Vices Portfolio.

As of Friday's close, it's humming along nicely, up 5.4% since inception.

But in this rising market, instead of beating the Dow, the Dow is (right now at least) beating our overalls off.

Over the same time period, exchange-traded funds (ETFs) tracking the major indexes performed as follows:

• DIA, an ETF which tracks the Dow Jones Industrial Average, is up 8.9%
• SPY, an ETF which tracks the S&P 500, is up 6.32%
• VTI, an ETF which tracks the performance of the broad US stock market as a whole, is up 5.96%
• IYC, an ETF which tracks the Dow Jones Consumer Cyclical index, is up 3.14%.