Obviously the two sectors gapped away from each other yesterday after I had received the 1% dividend payout from XLU from the day before.

Typical dividend behavior.

Still, XLU continues to drag IWM even with the payout.

But I'll need to count the dividends from ETFs in order to track true returns.

The gap reminded me why I had opted to test sector selection changes only at the time the Robot changes direction. There's no way to properly account for this kind of behavior without more time in testing, and I do not plan to start over.

So... still in XLU.

As Pascal and I discussed a couple of weeks ago, my sector selections should drag in one direction and outperform in the other (in theory), with the only proper test being whether the total performance in both directions outperforms or underperforms IWM.

So far, IWM is trouncing XLU. Bravo to both Billy and Pascal for brilliant work.

If my model is to give any positive synergy, it has a good bit of catching up to do first!