From the current issue of the Weekend Update at Iacono Research comes this graphic that goes a long way in explaining how the model portfolio has produced a year-to-date gain of more than 11 percent. (Note that ETFs with asterisks are currently in the model portfolio.)
Of course, an all long-bond portfolio would have produced even bigger gains for those who dare lend that much of their money to Uncle Sam. For links to all of the ETFs, see below.
From left to right in the graphic above:
- iShares Barclays 20+ Year Treasury Bond (NYSE:TLT)
- Market Vectors Junior Gold Miners Index* (NYSE:GDXJ)
- Market Vectors Gold Miners Index* (NYSE:GDX)
- iShares Silver Trust* (NYSE:SLV)
- SPDR Gold Shares* (NYSE:GLD)
- Market Vectors Agribusiness (NYSE:MOO)
- PowerShares DB Agriculture (NYSE:DBA)
- PowerShares QQQQ (Nasdaq:QQQQ)
- Standard & Poor’s Depositary Receipts (NYSE:SPY)
- iShares FTSE/Xinhua China 25 Index (NYSE:FXI)
- iShares MSCI Brazil Index (NYSE:EWZ)
- Energy Select Sector SPDR (NYSE:XLE)
- PowerShares DB Base Metals (NYSE:DBB)
- Market Vectors Agribusiness (NYSE:NLR)
- PowerShares DB Energy (NYSE:DBE)
