This is an update on the relative ranking of several global asset classes as of 9/30.

Asset Class 	Signal	Top6	Symbol	Rank
US LC	        IN	X	VONE	6
US LC Growth	IN	X	VUG	6
US LC Momentum	IN	X	MTUM	6
US Smallcap     IN		IJR	12
US SC Growth	IN		IJT	11
For. Developed	IN		EFA	12
For. Dev. SC	IN	X	SCZ	5
Emerging	IN	X	IEMG	2
Real Estate	IN	X	VNQ	3
Foreign RE	IN	X	VNQI	1
Blend CEFs		X	CEFS	4
Total Bond	IN		BND	16
10Y US Gov	IN	        IEF	15
Other hi yield	IN		JNK	14
Preferred	IN		PGX	9
Cash/ST				BIL	17
60/40- Benchmark		VBINX	15

A few usage notes:
* I use the top 4 EQUITY classes generally as my core positions and tend to reduce or eliminate classes ranked below 5.
* In recent history I have observed momentum changes more rapidly than the mid-aughts momentum studies focused on monthly rebalancing. Recently I've started making 1/2-allocation adjustments if necessary every 2 weeks.
* Due to the dominance of the top mega-cap US equities, there's currently very little difference in holdings or performance between US large cap, US large cap growth, and US large cap momentum. Also because of that dominance, unless a bear market is on I tend to keep a core allocation of about 10% in USLC regardless of rank - because the mathematical differences between #3 and #6 are almost noise.

FC

Mechanical Investing FAQ

---

Contact Shrewd'm
Contact the developer of these message boards.