With the broad US markets down 3.5% to 4.0% today, my Combined ETF Model held its own with a modest loss of 0.4%. The model was ahead of the market by about 2% for the month before today so it will now handily outperform the broad equity markets in it’s first month of existence.
Despite losing money on EWZ, EEM, and SLV today, the model has 33% cash, was flat today on emerging market bonds and had gains on gold, long term treasuries, and inverse US ETF’s (RWM and PSQ).
FJP
