Defensive dividend
Solid dividends from the calmest stocks.
Per year
+14.2%
Benchmark +14.7%
Total return
+273%
Benchmark +291%
Max drawdown
−45%
Benchmark −35%
Sharpe
0.88
Benchmark 0.91
Years beating the benchmark
3 / 9
full calendar years
2016-11-07 to 2026-11-06, 100,000 DKK to 373,019 DKK, after 4,589 DKK in trading costs. On average 9.5 stocks held; the portfolio is turned over 2.5 times a year.
How it works
Every quarter, keep liquid stocks with a dividend yield of at least 3%, and buy the ten with the lowest volatility.
The idea
Combines income with low risk: choosing the calmest dividend payers, rather than the highest yields, avoids most companies whose dividend is under pressure.
Equity (DKK)
Defensive dividendBenchmark
Year by year
| Year | Defensive dividend | Benchmark | Difference |
|---|---|---|---|
| 2026 (part of year) | +14.9% | +15.5% | −0.6% |
| 2025 | +34.7% | +13.4% | +21.2% |
| 2024 | +12.2% | +14.8% | −2.6% |
| 2023 | +10.5% | +10.8% | −0.3% |
| 2022 | +2.4% | −14.8% | +17.2% |
| 2021 | +27.8% | +28.4% | −0.6% |
| 2020 | +37.0% | +42.4% | −5.4% |
| 2019 | +5.5% | +28.6% | −23.1% |
| 2018 | −20.7% | −5.8% | −14.9% |
| 2017 | +19.2% | +17.3% | +1.9% |
| 2016 (part of year) | +8.8% | +6.1% | +2.7% |
Backtests are simulations on historical data, not investment advice. Past results don't guarantee future returns.