McClintock Portfolio Review: 21 October 2022

RBG art by Anne Sams

McClintock is the Dual Momentum™ portfolio scheduled for review today.  As one of the top performing ITA portfolios and current holdings in SCHP and BND, no changes are needed based on current recommendations.  When one of the DM portfolios comes up for review, I check on the other three to see if any changes are required.

McClintock Dual Momentum Recommendation

Based on early morning prices, the recommendation is to hold 100% of the McClintock in bonds (BND).  Since SCHP is a TIP and a low volatile ETF, no changes are planned.  I have several limit orders set to purchase more shares of BND.  In addition, I also set a number of limit orders to buy or purchase shares of VOO and ESGV at lower prices.  My thinking is that the FEDs are coming close to their interest increases and as this happens the market will regain its footing.  We want to hold shares of U.S. Equities so as to take part in the eventual market rise.

McClintock Performance Data

Since 11/30/2020 the McClintock has outperformed all benchmarks I track using the Investment Account Manager software.  AOA is the standard benchmark I use with the McClintock and the difference is significant.  Check the red and green arrows.  The IRR period runs from 11/30/2020 through 10/21/2022.  We are approaching two years of IRR data.

McClintock Risk Ratios

Over the past year the McClintock continues to register a very high Jensen Alpha, but the rate of growth (slope) is slightly negative.  The hope is that November and December will move the slope of the Jensen into positive territory.

The Information Ratio is now over one (1) and the highest it has been at anytime over the past year.  This is significant.

If you have any questions or comments, place them in the Comment space provided below.  Questions are always welcome.

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