Huygens Portfolio Review: 28 August 2026

Eastern Oregon Farm House

Few changes are planned for the Huygens, a portfolio set up to withstand a major drawdown.  A large percentage of the portfolio is dedicated to short-term treasuries, dividend oriented and inflation protection ETFs.

Huygens Security Holdings

Below are the current holding for the Huygens.  As constructed, this is a very conservative portfolio with a low beta of 0.189.  Should the market move up, this portfolio will be penalized.  However, it will do much better than the general market should the U.S. equities market tank.

Huygens Rebalancing Recommendations

When the market opens on Monday I will add to VYM, a dividend producing ETF.  Excess cash will be used to pick up more shares of short-term treasuries, SCHO.

Huygens Performance Data

Since 12/31/2021 the Huygens lags the AOR benchmark.  The expectation is that the revised asset allocation will help close this gap.  Check out the risk ratios below.

Huygens Risk Ratios

The most important risk ratio is the Jensen Alpha, also known as the Jensen Performance Index.  The August value of 0.57 is the highest of this past year.  A higher Sortino value indicates the portfolio is growing in value.

Comments are always welcome.

Check the middle footnote to see what portfolios are coming up for review.  We are about to enter September so all portfolios will be collecting interest from the SCHO holdings.