The Trade Report
August updates to our ETF portfolios
Good morning,
July was a strong month for our ETF model portfolios. Both models outperformed their benchmarks since our last update on July 1, a feat I’m incredibly proud of considering the systemic headwind that top tech stock outperformance (in this case, Nvidia and Microsoft) creates for our ETF-based strategies.1
Overall, I’m comfortable with our current positioning; however, we have three trades for this month.
