Gauss Asset Allocation Portfolio: 15 September 2026

Stairway enhanced using reflected gradient technique.

Gauss is a conservative portfolio with a current beta of 0.1 or one tenth as volatile as the S&P 500.  Over 50% of the portfolio is concentrated in short-term treasuries or other income generating Exchange Traded Funds (ETFs).

Gauss Security Holdings

Below are the current Gauss holdings.  The majority of the asset classes are below target.  Limit orders are in place to bring a few ETFs closer to target.

Gauss Rebalancing Recommendations

The purple arrow points to a few limit orders in place to bring a few more ETFs closer to the target percentage.  Limit orders are positioned as much as 10% below the current price.

I am concerned what the Feds will do with interest rates on Wednesday.

Gauss Performance Data

Since 12/31/2021 the Gauss has outperformed the AOR benchmark while still lower than the S&P 500 – a tough benchmark to beat.

Gauss Risk Ratios

All risk ratios are higher than they were a year ago with exception of the all important Information Ratio.

One area of improvement is the slope of the Jensen Alpha.  The portfolio is making slow progress on a risk adjusted basis.

The Treynor Ratio is unusually high due to the positive Internal Rate of Return (IRR) combine with a very low beta value.  That combination drives the Treynor Ratio.

Comments are welcome.

Gauss Portfolio Update: 17 August 2026

Financial Repression Portfolio Update From ChatGPT