Beating The Averages: No Moral Victory

A quick update on how the portfolio is doing....
Holdings Return YTD: -4.5% (-2.61 yesterday alone).
Dow Jones Return YTD: -7.54%
S&P 500 Return YTD: -8.97%
Nasdaq Return YTD: -12.92%
In play we have ETFC, CBAK, FRPT, DFNS, and IOGH. (I will not comment further on IOGH, I hold on to it so that every time I see it I am reminded of every lesson learned thus far.)
Breaking it down by holdings we get this:
ETFC: -7.33%
CBAK: -29.67%
FRPT: +12.21%
DFNS: +37.04%
IOGH: +40.0%
Our CBAK position looks ugly but is still green from our basis. The red is basically all our gains wiped out from the end of December run-up. Although ETFC seems to be getting punished for daring to cross the $5 mark, we remain confident in the company's turn around plan. FRPT has held up well possibly because of 1)rumors of a large contract soon (reported by Trade The News) and 2) an upgrade from Stephens, Inc. from "Underweight" to "Equal Weight". A strong January vehicle production number via press release would be welcome.
All told we are holding up well in a horrible start to the year and in terms of the major benchmarks, but we have a lot of work to do. We continue to evaluate our positions and understand that beating benchmarks is no moral victory.