The US Sector and Basic ETF Portfolios have been updated for August. The key points are below:
US Sector Momentum – The US Sector Momentum Portfolio rotated from Technology (XLK) into Consumer Staples (XLP) based on 6-month price momentum. Year-to-date the strategy is up less than .50%. For background on this strategy click here.
Basic ETF Portfolio – Just like last month there is no change in the existing positions of Vanguard Total Stock Market ETF (VTI), Vanguard REIT Index ETF (VNQ), and Vanguard Total Bond Market ETF (BND). These three ETFs remain above their 200 day simple moving average and have the highest momentum of the five. For strategy background, click here.