Fri 30 Dec 2011
Four of the Automatic 7 portfolios will be in REITs (VNQ), US small cap stocks (IWM), and 7-10 year US Treasuries (IEF). The A7 Vanilla, which is a simple benchmark that I track to see if there really is a benefit to all of this fancy tinkering, stands out from the others in a much more defensive position, allocating nothing to IWM, and allocating 25% in cash. A7 Classic, which is the only version geared for maximum absolute returns, stands out by being the most aggressive of the unlevered portfolios, by allocating nothing to IEF and splitting IWM and VNQ 50/50. I may regret giving myself the extra work of publishing all of these variations, but I think that over time, it will be quite instructive to see which flavors perform as expected and which do not.
| A7 Timid | A7 Vanilla | A7 Smooth | |||
| IEF | 47 | IEF | 50 | IEF | 20 |
| IWM | 37 | VNQ | 25 | IWM | 50 |
| VNQ | 16 | Cash | 25 | VNQ | 30 |
| Total | 100 | Total | 100 | Total | 100 |
| A7 Classic | A7 Plus | A7 Full Tilt | |||
| IWM | 50 | IEF | 27 | IEF | 35 |
| VNQ | 50 | IWM | 48 | IWM | 100 |
| Total | 100 | VNQ | 25 | VNQ | 65 |
| Total | 100 | Total | 200 | ||
For my live trading in January, I will be following the A7 Plus allocations in my retirement accounts, and the A7 Full Tilt allocation in my taxable account. My live results may differ materially from A7 Full Tilt because I am getting this exposure by trading Russell 2000 futures, and March 2012 call options on IYR (another REIT ETF) in addition to holding IEF.
Results for December will be published in early January, along with a re-tooled version of the allocations page, so that we can keep track of all of these monsters.
