Posted by A little late this month getting out the SaaSy Index and there was definitely a bit of a hang over from the gains in August. Part of being a little late is seeing what’s happened in October so far, which has been a pretty large correction. If you don’t have strong convictions October so far might bring out the panic in you, but I’m confident a year from now we will be looking back at some healthy gains from the 2018 vintage Index.
September 2018 SaaSy Index Performance: -0.70%
August 2018 SaaSy Index Performance: 16.39%
July 2018 SaaSy Index Performance: -1.10%
June 2018 SaaSy Index Performance: 1.73%
May 2018 SaaSy Index Performance: 0.80% (May 11-30th)
Cumulative Return since inception May 11th 2018: 17.22%
Cumulative Benchmark Comparison from inception of the index to September 2018
Here is a quick look at what the road looked like to get here since inception in May 2018
And finally a look at how each SaaS stock contributed to the performance.
October has already been full of excitement and I look forward to posting about it in November. Until then, take advantage of the volatility and find your SaaS legs 🙂
Sincerely,
Your SaaS guru
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