Barron's had a short check in on the SPDR Bridgewater All Weather ETF (ALLW) which now has three months under its belt. Here's a quick comparison to a several similar funds along with the S&P 500.

None of those funds are meant to be full stock market proxies. If anything, they are intended to improve on something like a 60/40 portfolio. Maybe they target something like the permanent portfolio, certainly ALLW and personal holding FIRS are in that neighborhood. I would also say that HFND, run by Bridgewater alum Bob Elliott, targets that sort of quadrant style outcome too. USAF is run by Nouriel Roubini but that fund seeks more of a market neutral result than the others do. 

The three months available to look at is too short of a period to draw any solid conclusions but where they should be less volatile than the stock market, they are meeting that objective so far. For now, this is just a check in and we'll continue to monitor how all-weatherish ALLW and the others can be.

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