Conversation

The fact that only ~27% of people gave that answer means some combination of: 1. Most people don't understand what "risk-adjusted returns" means or how to construct a portfolio. 2. Most people don't know this historical correlation of managed futures/trend to stocks and bonds.
1
4
3. Most people have some fundamental reason to believe that managed futures correlations will change dramatically in the future. I would guess almost everyone is in camps (1) and (2).
1
4
Replying to
It's effectively used as a synonym for multi-market trend following. A super basic example would be something that goes long a particular commodity, stock, or bond market when it crossed above its 200 day MA and goes short when it does the opposite.
1
1
Replying to
Yes, most have been doing very well YTD. Some good discussion in this thread. $COM ETF also worth a look IMO. There are also a lot of private fund options that have some advantages over public funds. Generally start at $100k minimums though.
Quote Tweet
Replying to @HML_Compounder @jagmavi and 2 others
... I do worry about single-manager risk though so I wanted 3 products. I chose $EQCHX because I like Jerry's pure process, no volatility targeting (let winners run), and no cute additions. I chose $KMLM because it is lower cost to reduce overall weight, but still has a (3/x)
1
2
Replying to
Yea, commodities and managed futures have done bad for last decade so I think a lot of people feel that way. Arguably that is a good reason to be bullish but we shall see...
1
2