Although I check this portfolio more frequently it is my intention to refrain from making adjustments more frequently than quarterly unless recommended (risk parity) holdings get significantly out of line. Current calculations show the following recommended holdings: and current holdings are VTI/9, VSS/18, VNQ/20, TLT/15, GLD/17. These are close enough and I don’t want to […]
Darwin Portfolio Review: 17 July 2022
The Darwin Portfolio is a “Core” portfolio of fixed assets that is only adjusted when holdings move out of range by more than 20% of the calculated risk-parity allocations. Current calculated allocations, based on a very aggressive 10% volatility target and allowing 25% leverage, look like this: While current holdings differ slightly (by 1 or […]
Darwin Portfolio Review: 17 June 2022
The Darwin is a “Core” portfolio of five assets that is adjusted periodically to maintain risk parity as asset volatilities change. This is supplemented by a 10% position in a volatility ETF for a little diversification. The portfolio is also leveraged ~35%. Current performance since inception last year looks like this: or, in “stacked” format: […]
Darwin Portfolio Review: 20 May 2022
The Darwin Portfolio is a “Core” portfolio that uses risk parity allocation to weight holdings in the portfolio. An aggressive 10% volatility is used to calculate the weightings and 25% leverage is allowed. A volatility fund is used to add a little more diversification to the portfolio – although this is not included in the […]
Darwin Portfolio Review: 18 April 2022
My apologies for being a little slow with this month’s review of the Darwin Portfolio – I have been a little busy trying to get ready for the spinoff Options group. However, it isn’t too critical since I don’t intend to make any adjustments this month. The Darwin Portfolio is a small fully-invested portfolio that […]
Darwin Portfolio Review: 18 March 2022
The Darwin Portfolio is a basic “Core” portfolio of five ETFs that are adjusted only occasionally as allocations go out-of-balance based on Risk Parity requirements. Superimposed on this is a holding in volatility-base assets that is designed to act as a hedge in times of high uncertainty. The portfolio is also slightly leveraged at ~35% […]
Darwin Portfolio Review: 18 February 2022
The Darwin Portfolio is a “Core” Portfolio holding just 5 diversified assets and is only adjusted to maintain risk parity between the assets held. Performance to date looks like this: where we see that only GLD has shown strong performance over the past month. The stacked chart shows the relative allocations to the assets held: […]
Darwin Portfolio Review: 21 January 2022
The Darwin Portfolio is a five-asset “Core” Risk parity portfolio (à la Ray Dalio) with a separate Volatility component added for diversity. After adjustments the portfolio looks like this: with recommended holdings for the “Core” portion as shown in the bottom row (based on an aggressive 10% risk target per ETF). Although this requires no […]