S&P 500:                 1925 (137%)

Portfolio:         $759,810 (152%)

The portfolio still holds IBB, VHT, and VDE as of June 2, but will be swapping VDE (energy) out and replacing it with IYT (transportation).  The portfolio suffered a serious setback, as IBB (biotech) collapsed in March and April.  It has recovered well since then, although not to March’s highs.  Despite this setback, the portfolio has returned over 40% more than the S&P 500 since May 1, 2012: