Dividend Aristocrats / Low Beta Low R-Squared

The 'Dividend Aristocrats' and Low Beta/Low R-Squared stocks in general have just not been of much advantage over the last year. The first plot above shows the performance of the Dividend Aristocrats over the past year compared with the performance of SPY. The Aristocrats have shown an advantage that was sometimes significant. The second plot above compares the set of 20 low beta/low R-Squared stocks that I follow. This set of stocks has demonstrated very little advantage over SPY. The high correlation of everything during the crash rendered most diversification schemes value free.