The Riskalyze Report: A Bit of Performance Chasing

At the request of so many investment advisors, my friends at Riskalyze share the big trends in the assets going into and coming out of advisor portfolios every week. The underlying data is aggregated from hundreds of thousands of client accounts across the $44 billion and counting that advisors manage on the Riskalyze platform*. I hope we can uncover interesting trends for you each week…


May 10th-16th

Winners (advisor flows TO these investments increased substantially):  
  1. International (VXUS, IGFFX, VTIAX)
  2. Mid-Cap Equity (JVMIX, VIMAX, IJJ, FNX)
  3. Total Return Bond (BOND, PTTPX, JHBIX)

Losers (advisor flows FROM these investments increased substantially):

  1. Ivy Worldwide (IVWAX)
  2. Deutsche Global Infrastructure (TOLSX)
  3. BioTech (FBIOX, IBB, FBTIX)

Josh here – there’s a bit of performance-chasing evident in last week’s data, as advisors allocate heavily to two of this year’s brightest spots both at home and abroad.

The two biggest additions to advisor portfolios last week – international stock funds and mid-cap focused US equity funds – both cover areas of the global investment markets that have far outpaced the S&P 500 index so far in 2015. The MidCap 400 index was up over 6% YTD going into Friday – roughly triple the return of the large cap core index, as per Morningstar.

As for international stocks, let’s just say that last year’s “worst houses in a bad neighborhood” have become this year’s best – with the MSCI World ex-USA index posting a 10% gain in dollars and an even higher return in local currencies.

Suffice it to say, advisors may be looking to get their portfolios in better alignment to capture some of these trends ahead of the snoozy summertime that fast approaches. But will these trends persist into the second half of the year?

A word about Riskalyze:

In my practice, we use Riskalyze software tools to help assess clients’ true risk tolerance and to test portfolio configurations that match up accordingly. It’s changed our practice for the better, as I explain here.

Check it out today!

*(to state the obvious, Riskalyze does not share client sensitive data with me or use animals in testing).

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. For additional advertisement disclaimers see here:

Please see disclosures here.

What's been said:

Discussions found on the web
  1. td canada easyweb login commented on Dec 14

    … [Trackback]

    […] Info to that Topic: […]

  2. 사설토토 commented on Dec 24

    … [Trackback]

    […] There you will find 45294 more Information on that Topic: […]

  3. 안전공원 commented on Dec 25

    … [Trackback]

    […] Read More to that Topic: […]