Huygens Portfolio Review: 27 October 2025

Fall tree on campus.

Huygens is a traditional asset allocation portfolio that has a global diversification.  Dividends and new cash additions are used to keep the various assets in balance.  As readers will see, the Huygens current needs some rebalancing as will be shown below.

Huygens Asset Allocation

Below is the current asset allocations for the Huygens.  Once all asset classes are in balance the portfolio should generate a yield close to 3.0%.

Huygens Rebalancing Recommendations

To bring the portfolio into balance I will need to sell all shares of SHV and use that cash to increase the holdings of VTI, BND, BNDX, TLT, VEA, and VWO.  VTI can wait as it holds stocks that can also be found in VOO, VO, and VB.  I may eliminate VTI entirely from the portfolio to avoid duplications.

Huygens Performance Data

Since 12/31/2021 the portfolio has closely tracked the AOR benchmark.  As long as we are in this long bull market, diversified portfolios such as the Huygens will not keep pace with the S&P 500 (SPY).

Based on the Buffett Indicator the current market is over valued more than it was back before the tech bubble burst.  And we all painfully remember the events 25 years ago.  This bubble is going to burst.

Huygens Risk Ratios

Checking the all important Jensen Alpha ratio, the Huygens is picking up some ground since last March.  A major withdrawal some months ago had a negative impact on the Sortino Ratio.