The Riskalyze Report: Advisors Grab Cash, Bonds and Gold

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…


August 23rd – August 29th

Winners (advisor flows TO these investments increased substantially):
  1. US Bonds (AGG, SHY, BSV)
  2. Cash/Money Market
  3. Gold (GLD)

Losers (advisor flows FROM these investments increased substantially):

  1. Energy (XLE)
  2. Financials (XLF)
  3. Small Caps (IJR)
Josh here – The risk-off portfolio playbook was in full effect last week amid the historic fall and rise of global stocks.
Riskalyze CIO Mike McDaniel further informs us that 5 out of the top 10 winners from last week were all fixed income investments. “The only investments that saw a rise in week-over-week investment amount and uses were fixed income, gold and cash- despite a slightly positive market.” Guess it’s safe to say that the epic rallies of Wednesday and Thursday didn’t make advisors feel much better about the reintroduction of 2011-esque volatility.
McDaniels notes further that advisors seem to have sold into last week’s ‘strength’ in energy. “Both week-over-week investment amounts and uses dropped over 5% for XLE- despite XLE having a great week (up over 3%).” Unfortunately for those who gave up on XLE, it began this week with another bang, as crude completed a 3-day rally of over 27% and oil names ripped higher.

*(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. rbc login online commented on Jan 28

    … [Trackback]

    […] Information on that Topic: […]