The ETF Portfolio Strategist: Red Hot Performers Keep Driving Impressive Results – Investing.com

The ETF Portfolio Strategist: Red Hot Performers Keep Driving Impressive Results – Investing.com

It was a good week for our three proprietary strategies—in absolute terms. On a relative basis, however, passive beta continues to dominate the horse race.

Global Managed Volatility (G.B16.MVOL) and Global Momentum (G.B16.MOM) rose 0.4% for the trading week through Friday, Aug. 6. Global Managed Drawdown (G.B16.MDD) trailed (as it typically does lately) with a 0.2% gain. Overall, a respectable performance, but it wasn’t enough to beat the benchmark. For details on all the portfolio strategies, benchmark, and metrics in the tables, see this summary.

Global Beta 16 (G.B16) outperformed for the week with a solid 0.5% increase. This passive 16-fund portfolio also remains comfortably in the lead for year-to-date results via a strong 10.6% gain. That’s moderately ahead of G.B16.MVOL and G.B16.MOM, and a world above the modest 2.3% return so far in 2021 for Global Managed Drawdown (G.B16.MDD).